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PRESS RELEASE. USA, New York, February 13th, 2024 – CAGA Crypto, a growing project in decentralized finance, is thrilled to announce the successful start of three prominent airdrop campaigns that were launched on February 7, 2024. These campaigns offer participants the opportunity to engage with the CAGA network, earn rewards, and influence the future of … Read more
Imagine the scene: You’re sitting at the card table, and every hand you’re dealt is terrible. But the cards never get better; the dealer has full sight of the deck and sets the order of the cards before they’re played. The dealer always wins. The following opinion editorial was written by Da Hongfei, a prominent … Read more
The Ethiopian state electricity company has reportedly signed power supply agreements with 21 mainly Chinese bitcoin miners. The African country’s pursuit of foreign exchange has seemingly taken precedence over the concerns often raised by climate change advocates. Ethiopia Set to Become the Preferred Destination for Chinese Bitcoin Miners Ethiopia’s state power company has entered into … Read more
Bitso, a Mexico-based cryptocurrency exchange with a presence in several countries of Latin America, has revealed the trends that its user base followed during 2023. Bitso Argentina CEO Julian Colombo disclosed that while Bitcoin was still the most popular cryptocurrency in the region, Argentines held over five times more stablecoins than the rest of Latam, … Read more
In a recent turn of events, spot bitcoin exchange-traded funds (ETFs) emerged as the market leaders in the realm of cryptocurrency investment products last week. According to a recent report by Coinshares, these funds attracted $1.1 billion in inflows, marking the highest assets under management (AUM) since the early days of 2022. Coinshares Report Shows … Read more
The Bank of Russia reported that the number of pyramid schemes and illegal lending providers in Russia rose to over 5,700 in 2023, an increase of 15.5% over the number detected in 2022. Specifically, the number of pyramid schemes detected increased by 46%, relying on the Internet and cryptocurrency as tools for promoting and carrying … Read more
Secret Network’s native token, $SCRT, has experienced a remarkable surge, emerging as the top gainer on leading cryptocurrency exchange Binance. With a staggering 500% increase in trading volume within 24 hours and a notable 24% price surge, $SCRT has captured the attention of the crypto community. Secret Network’s prominence in the Cosmos IBC ecosystem is … Read more
Investors are expressing apprehension following news that Daniel Wang, the creator and former CEO of Loopring, a decentralized exchange protocol, transferred a significant portion of the system’s token, LRC, to Binance, the leading cryptocurrency exchange platform. This move has contributed to a decline in the token’s value, which had experienced a 5% increase over the … Read more
The U.S. Securities and Exchange Commission (SEC) has adopted rules to require firms that act like dealers to register with the Commission. A lawyer explained that the securities regulator took a shot at decentralized finance (Defi) with the rules, which explicitly target decentralized exchanges’ (DEX) liquidity providers (LPs) with at least $50 million in assets. … Read more
The crypto industry has responded to criticism from Hillary Clinton, who said that cryptocurrency can undermine the role of the U.S. dollar as the world’s reserve currency. Galaxy Digital CEO Mike Novogratz argued that the only thing that can undermine the U.S. dollar as a reserve currency is reckless spending by both U.S. political parties. … Read more