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The CoinDesk 20 index has seen a notable increase, with the Internet Computer (ICP) experiencing a 13% surge. This rise contributes to the overall positive performance of the index, which reflects the broader cryptocurrency market trends. The increase in ICP's value highlights growing investor interest and market confidence
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Financial advisors are increasingly optimistic about cryptocurrency investments, with a recent survey indicating that 82% of them believe digital assets will gain wider acceptance in the next five years. The survey also revealed that 62% of advisors currently recommend crypto to their clients, a significant increase from previous years. Many
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Crypto analytics firm Chainalysis reported that impersonation and AI-driven scams in the cryptocurrency sector resulted in losses of $17 billion in 2022. The firm highlighted that these scams have become increasingly sophisticated, leveraging advanced technologies to deceive victims. Impersonation scams, where fraudsters pose as legitimate entities, accounted for a significant
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Crossmint has received approval under the EU's Markets in Crypto-Assets (MiCA) regulation to offer stablecoin infrastructure throughout the European Union. This regulatory nod allows Crossmint to expand its services, facilitating the issuance and management of stablecoins in compliance with EU standards. The company's platform aims to
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Mantra, a decentralized finance platform, is undergoing a significant restructuring following the collapse of its OM token and a challenging year for the company. The restructuring aims to streamline operations and improve financial stability after facing regulatory challenges and market volatility. As part of this process, Mantra is focusing on
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On October 3, 2023, Bitcoin experienced a significant price surge, reaching a peak of $35,000, driven by increased institutional interest and positive market sentiment. Ethereum also saw gains, climbing to $2,200, as the network prepares for its upcoming upgrade. In regulatory news, the SEC announced a new framework
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Ethereum is positioned to potentially outperform Bitcoin by 2026 due to its ongoing upgrades and the transition to a proof-of-stake consensus mechanism, which enhances scalability and energy efficiency. Analysts highlight Ethereum's robust ecosystem, including decentralized finance (DeFi) and non-fungible tokens (NFTs), as key drivers of its growth. Additionally,
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Meta has announced significant job cuts, reducing its workforce by approximately 10,000 employees, which aligns with broader trends in the tech sector experiencing layoffs. This move comes as part of Meta's strategy to streamline operations and focus on core business areas amidst economic challenges. In comparison, other
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Google is seeking to dismiss a lawsuit filed by a publisher that claims the company’s AI-generated search summaries infringe on copyright. The publisher argues that Google's use of its content without permission harms its business. In response, Google contends that the summaries fall under fair use and
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Recent analysis indicates that North American trading hours have emerged as the most profitable period for Bitcoin returns, marking a significant shift from trends observed in late 2025. This change suggests that traders in North America are now more active and influential in the Bitcoin market during these hours. The
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Ripple has received preliminary approval for a money license in Luxembourg, marking a significant step in its expansion efforts across Europe. This license will allow Ripple to offer its services more widely within the European market. The approval aligns with Ripple's strategy to enhance its regulatory compliance and
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Pakistan has signed a deal with a cryptocurrency business linked to WLFI to facilitate cross-border payments. This partnership aims to enhance the efficiency of financial transactions between Pakistan and other countries. The initiative is part of Pakistan's broader strategy to modernize its financial infrastructure and embrace digital currencies.