Another SEC loss: Judge rejects rule targeting crypto brokers

A federal court in Texas has struck down a Securities and Exchange Commission rule that expanded the definition of a broker to include decentralized finance platforms and other crypto entities.  The SEC’s broker-dealer rule, finalized in February 2024, aimed to…

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Mango Markets Mulls CFTC Settlement Over Crypto Trading Violations

Decentralized crypto exchange Mango Markets has already weathered a debilitating multimillion-dollar hack and the expensive regulatory investigations it spawned. The group may soon take another blow: a six-figure settlement with the Commodity Futures Trading Commission (CFTC).

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Solana Active Addresses Hit 75 Million As SOL Breaches $140

Solana (SOL) hit another record: Today, it has over 75 million monthly active addresses. The surge speaks to growing popularity of the network, especially in areas like developer and user activity within the decentralized applications (dApps), DeFi, and NFT sectors.

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How Decentralized AI and Zero-Knowledge Proofs Will Democratize Compute

AI is at risk of the same centralization seen in earlier editions of the internet. But another way is possible, say Mahesh Ramakrishnan and Vinayak Kurup.

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Helium Mobile hits milestone with launch of Tech Stack Licensing Program

Helium Mobile, a decentralized wireless phone provider powered by the Helium Network, has achieved another major milestone. On Tuesday, the platform launched its tech stack licensing program, targeting device manufacturers.

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UwU Lend suffers its second $3.7m hack by same attacker

Decentralized finance protocol UwU Lend has suffered another exploit from the same attacker, costing it $3.7 million worth of stolen funds. UwU Lend, an Ethereum-based lending and liquidity protocol, has apparently suffered another hack from the same attacker, who exploited…

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So.Social Redefines the Web3 Social Landscape

Web3 technologies are gaining momentum, aided by the most recent Bitcoin halving, attracting billions of users to start exploring decentralized technologies. So. Social’s recently released new set of social protocols are not just another social network like Friend.

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UNI's road to $10 - Cashing in on this buy signal could be key

Analyst claimed UNI's rally might stretch for another 2-3 days, possibly reaching $10 Uptick came as a relief for the token after its battle with regulators Decentralized finance (DeFi) tokeThe post UNI's road to $10 - Cashing in on this buy signal could be key appeared first on AMBCrypto.

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FixedFloat reportedly suffers another exploit, losing $2.8m

Decentralized crypto exchange FixedFloat has allegedly suffered another hacker attack, losing millions in ETH, USDT, WETH, DAI, and USDC. Decentralized cryptocurrency exchange FixedFloat, which suffered a $26.

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Solana’s Aphone could be a game-changer for web3 accessibility

Solana introduces the Aphone app to enhance web3 accessibility with its decentralized cloud computing technology. The project could potentially drive another rally for Solana (SOL) and pose a significant challenge to existing memecoins like BONK. #partnercontent

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Solana’s Network Price Surge: Is Another Leg Up Imminent? SOL Experts Eye Further Gains

Solana’s network popularity has significantly increased over the past week with daily transaction volumes surpassing new records. According to data, the decentralized exchange (DEX) trading volume on the Solana network exceeded $2 billion for four consecutive days from March 3 to March 6.

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Kelexo (KLXO) Set to Outrank Hedera (HBAR) and Aave (AAVE) as Revolutionary Crypto Platform of 2024

The digital finance landscape is on the cusp of a transformative era, with Kelexo (KLXO) leading the charge. This platform is not just another blockchain addition; it’s a leap towards redefining decentralized finance (DeFi).

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SUI risks another slide as token unlock inches closer

SUI will release millions of tokens valued at almost $50 million on the 28th of November. The token's price may plunge because of the increase in circulation. Decentralized Layer-one (L1) blThe post SUI risks another slide as token unlock inches closer appeared first on AMBCrypto.

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XRP Ledger Achieves New Milestone In Latest Ledger Tally

Amid the bullish sentiment around the cryptocurrency market, decentralized public blockchain XRP Ledger (XRPL) has recently witnessed a significant increase in its transactions marking yet another milestone for the decentralized blockchain.

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XRP Ledger On The Brink Of A Major Milestone, Will It Move XRP Price?

Amid the decline in crypto interest, decentralized public blockchain XRP Ledger displays a significant uptick in adoption as it is on the verge of accomplishing yet another major milestone in its total count of accounts.

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Platypus Finance suffers its third hack in 2023, losses $2m

The Platypus team said on social media it had taken the ‘proactive measure’ to suspend all pools temporarily. Decentralized finance (defi) protocol Platypus Finance suffered yet another hack this year, as around $2 million was stolen from the project. According…

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New Avalanche Dapp Lets Traders Swap Hundreds of Different Tokens in Single Transaction

Decentralized exchanges usually let users swap one asset for another, but a new tool claims to let users swap 300 tokens at the same time.

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Crypto Whale Suffers $24 Million Loss In Phishing Attack

The crypto space still presents risks like scams, hacks, rug pulls, etc. In another troubling event, a crypto whale lost over $24 million worth of assets in a massive phishing scam.  In this case, the victim address is regarded as a major liquidity provider on the Uniswap Decentralized Exchange (DEX), supplying over $1.6 million worth […]

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Big Whale Places a $92 Million Long Bet on BTC – Another Surge Incoming?

According to the details from Lookonchain, a whale has taken a notably large position in Wrapped Bitcoin ($WBTC) on two prominent decentralized finance platforms—Compound and Aave. According to available data, this unidentified investor has withdrawn a staggering 3,107 $WBTC—equivalent to approximately $92.

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Tornado Cash Indictments May Prove to Be Just a Localized Storm After All

The Tornado Cash indictments could be another tipping point for crypto. How the case plays out could define how the federal government can deal with decentralized trading platforms if they’re seen as broad precedents.

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US Crypto Traders Take Another Hit As MakerDAO Blocks Access To DeFi Lending Platform

Popular decentralized finance (DeFi) platform MakerDAO has blocked US-based users’ access to its lending platform Spark Protocol. However, it remains unclear when Spark Protocol implemented this measure to restrict US users.

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The US Senate plans to introduce AML into the segment of decentralized finance

US lawmakers have decided to make another attempt to create an effective regulatory framework for the digital asset segment. Against this background, a new bill was ratified, which provides for strict requirements for combating money laundering (AML) in the segment of decentralized finance (DeFi).

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DeFi Apps display their soft underbelly - Defi and Crypto deal with another pair of 9-figure hacks

Decentralized Finance protocols are harder to run than they look. There are multiple points of failure for platforms including smart contract exploits, flash loan attacks, and rug pulls by anonymous employees.

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Consensys unveils Linea Mainnet, another zkEVM rollup

Consensys, the creator of products like MetaMask, Infura, Truffle, and Diligence, has launched its Linea mainnet. Linea is a zero-knowledge EVM that lets developers build and scale decentralized applications (dApps) in industries like DeFi and NFTs.

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Chibi Finance Executes $1 Million Rug Pull, CHIBI Falls By 100%

In what appears to be another rug pull in the decentralized finance (DeFi) space, the team behind Chibi Finance has absconded with more than $1 million worth of various assets. Following the protocol’s launch earlier today, users’ funds were swiftly transferred to an Ethereum address and converted to Ether. A “rug pull” is a term […]

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Level Advances into Arbitrum: Initiates Omnichain Liquidity Marketplace and Exclusive NFTs

Level, a prominent decentralized exchange, announces its strategic expansion to the Arbitrum network, launching its omnichain liquidity marketplace. Along with this significant initiative, Level also reveals plans to introduce an exclusive utility-based NFT series, presenting yet another value proposition for its community.

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How Ethereum has put the DeFi market at risk

A further drop in ETH's price could send the DeFi market into another round of liquidation. The DeFi TVL across all chains submerged. Ethereum [ETH] and assets linked to the Decentralized FiThe post How Ethereum has put the DeFi market at risk appeared first on AMBCrypto.

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Euro coin (EUROC) now live on the Avalanche blockchain

Stablecoin issuer Circle has introduced euro coin (EUROC) on the Avalanche network, marking the second blockchain to support the asset. EUROC, backed by the euro at a 1-1 ratio, offers developers another avenue to serve users through integration into decentralized applications (dApps)..

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Analysts are bullish on Tron (TRX), Aptos (APT) and Collateral Network (COLT); Here’s why

The crypto markets suffered a minor pullback giving investors another chance to accumulate before the inevitable bull run. Analysts are bullish on Tron (TRX) given its growth in stablecoin dominance, Aptos (APT) due to its release of delegated staking, and Collateral Network (COLT) due to being the first decentralized lending protocol integrating real-world assets that […]

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Elon Musk Appears to Endorse Another Altcoin, Price Jumps 70%

Cult DAO (CULT), a decentralized venture capitalist project, skyrocketed by over 70% in one hour after Elon Musk tweeted.  The post Elon Musk Appears to Endorse Another Altcoin, Price Jumps 70% appeared first on BeInCrypto.

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DigiToads functionalities can propel it ahead of Decentraland and MultiversX

While options like Decentraland and MultiversX are popular P2E platforms, DigiToads enable crypto users to explore another side of decentralized gaming

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AI-Focused Crypto Protocol Fetch.ai Raises $40M to Deploy Decentralized Machine Learning

The $40 million funding marks yet another investment by market maker DWF Labs, its fifth this month.

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Can Filecoin [FIL] keep up the pace as the FVM Mainnet draws near

The Filecoin Virtual Machine launch has the potential to drive another storage increase Users are not particularly elated about the upgrade  Filecoin [FIL], the decentralized storage syThe post Can Filecoin [FIL] keep up the pace as the FVM Mainnet draws near appeared first on AMBCrypto.

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Bitcoiners Shouldn’t Fight Solar, They Should Embrace Resilience

Though Bitcoiners often fight solar power as merely another ESG attack vector, it could make Bitcoin more resilient and decentralized.

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Arbitrum records impressive network growth: What's coming next?

Arbitrum recorded impressive growth in its DEX trading volume. The daily active users on Arbitrum skyrocketed in February. Arbitrum added another feather in its cap after its decentralized eThe post Arbitrum records impressive network growth: What's coming next? appeared first on AMBCrypto.

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Kraken staking ban is another nail in crypto’s coffin — and that’s a good thing

The SEC’s move to ban staking on Kraken is going to encourage more people to move toward decentralized options beyond the agency’s reach.

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Oryen Network dApp Is Live With Added Features; Avalanche May Want To Give Grant For Cross-Cha

Many blockchain platforms, decentralized exchanges, and digital currencies are now available, thanks to DeFi. Decentralized apps, or dApps, are another element of DeFi. They are online programs that let users access services and may function independently thanks to smart contracts on a blockchain network.

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Selecting a derivatives DEX: An overview & comparison

Trading volume on decentralized exchanges (DEXs) hit $32 billion within seven days in mid-November, recording another high since early June this year. The post Selecting a derivatives DEX: An overview & comparison appeared first on CryptoSlate.

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Decentralized gaming IDs provide another avenue of interoperability in Web3

The Lens Protocol and Laguna Games launched a new gaming ID, which connects users across multiple games.

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How Filecoin’s network upgrade sent FIL into a social outbreak

In an official statement released on 31 October, Filecoin [FIL] announced that it had inched another step towards its decentralized storage objectives. According to the network storage team, FilecoiThe post How Filecoin’s network upgrade sent FIL into a social outbreak appeared first on AMBCrypto.

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ADA Bulls Rub Hands In Glee As Cardano Plans $200 Million Projects Funding To Grow Its Ecosystem

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CFTC Slaps First Lawsuit on DAO Over Rules Violation

The United States Commodity Futures Trading Commission (CFTC) has moved against a decentralized autonomous organization (DAO) and holders of its tokens. In a surprising move, the agency has sued the DAO while agreeing to a settlement with another entity over…

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Algorand Boosters Push Back on Helium’s Proposed Move to Solana

Decentralized Wi-Fi network Helium Network has proposed moving to the Solana blockchain. But a Solana competitor has another idea.

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How Algorand’s fast, furious upgrade could render it untouchable

Algorand’s [ALGO] mission to leave other blockchain networks behind while processing decentralized and traditional transactions faster has reached another level. In its latest release which a laThe post How Algorand’s fast, furious upgrade could render it untouchable appeared first on AMBCrypto.

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Why Is Shiba Inu’s $BONE On The Rise And Is It Time To Get In?

Meme coin Shiba Inu has been able to properly leverage its popularity and build out another token, BONE, that is catching the eye of investors. $BONE is the native token of the Shiba Inu decentralized exchange, ShibSwap.

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Five Crypto Innovations to Watch in the Final Phase of 2022

The cryptocurrency market has come a long way since Bitcoin’s official debut in 2009; it is now worth over $1 trillion, according to CoinGecko. While Satoshi’s primary idea was to prevent the occurrence of another financial crisis through a decentralized monetary ecosystem, digital asset innovations have evolved to include other solutions. As of press time, […]

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Celsius unlocks another $195 million in collateral after paying off debt to Compound

Cryptocurrency lender Celsius Network, which had to halt withdrawals on June 13 due to liquidity issues, has fully paid off its debt of over $50 million worth of DAI to decentralized finance (DeFi) protocol Compound on July 13, according to on-chain data.

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Blockchain-powered Digital Bank AFRICUNIA to Hold AFCASH IEO on Azbit

Do you know the saying “Innovate today or die tomorrow”? Being at the forefront of technological innovation is another name of AFRICUNIA BANK, a web/mobile-first digital-only decentralized banking app with digital-first customer service headquartered in the United Kingdom and with offices in the USA, Canada, Switzerland, Austria, Nigeria, Zambia, Tanzania, Vietnam, and Suriname.

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NFT Platforms Should Be Caught by EU Money-Laundering Overhaul, Lawmakers Say

Unhosted wallets and decentralized finance were left largely unscathed by two landmark crypto laws agreed to last week, but left-wing lawmakers may seek another go as they discuss dirty-money rules.

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