Hong Kong’s CMCC Global Launches Titan Fund, Investing $100M with a Focus on Blockchain Startups
Former NFL quarterback Tom Brady received $55 million for endorsing FTX before its collapse, losing $30 million post-collapse; a cautionary tale about celebrity endorsements in crypto. Key Takeaways CMCC Global, a blockchain-oriented venture capital firm backed by Hong Kong billionaire Richard Li, has launched the Titan Fund, aiming to channel support toward entrepreneurs forging paths in the blockchain industry. The …
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Flare and Avascan Launch Flarescan, A Groundbreaking Ecosystem Explorer
Flare, recognized for its “blockchain for data” approach, reveals a strategic partnership with Avascan, introducing Flarescan Ecosystem Explorer. This robust explorer aims to revolutionize the user experience with blockchain data by enhancing transparency, accessibility, and functionality. Key Takeaways Dive Into the Flarescan Ecosystem Explorer Users can explore a panoramic view of the entire Flare ecosystem, incorporating insights from the Songbird …
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What are Telegram bots, and why are they popular in crypto community?
Telegram bots, offering a multiplicity of functionalities, have positioned themselves as indispensable assets within the crypto community. Key Takeaways Telegram bots have emerged as a pivotal tool in the cryptocurrency community, offering a blend of convenience and functionality to manage various decentralized finance (DeFi) tasks. Let’s delve into what makes them stand out and explore their prevalence in the crypto …
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SHIB Telegram Admin Account Hacked, Community Warned of Scam Airdrop
The Shiba Inu community faced a scam as the Telegram account of a prominent member, Ragnar Shib, was compromised to promote a fake BONE token airdrop. Key Takeaways Crypto Scam In an unfortunate turn of events, the Shiba Inu community has found itself amidst a crypto scam. Ragnar Shib, an admin in the community, had his Telegram handle hacked, which …
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US Debt Soars, Surpassing Half of Bitcoin’s Market Cap in a Single Day
The US added a staggering $275 billion to its national debt in a single day, surpassing half of Bitcoin’s market capitalization. Key Takeaways National Debt In an alarming turn of economic events, the US has witnessed its national debt surge by a staggering $275 billion in a mere 24 hours, pushing the total to a record-high of $33.44 trillion. This …
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Shiba Inu Community Faces Multi-Faceted Scam Tactics, Vigilance Urged
Shiba Inu community warns of 5 scam tactics targeting holders: phishing DApps, fake accounts, impersonation, and fake token names. Key Takeaways Amidst a blossoming era of Web 3.0, the Shiba Inu community’s dedicated scam alert channel, Shibarmy Scam Alerts, unveils a disconcerting trend: an increase in scams, focusing specifically on five strategies employed by malicious actors seeking to exploit community …
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Solana Surges Approaching the Elusive $30 Mark
Solana (SOL) surged over 25% in a week, near $30. Key support: $22, $20. Key resistance: $25, $28. $30 remains significant. Key Takeaways The cryptocurrency space is bubbling with activity, and Solana (SOL) is a name that refuses to be overshadowed. Accelerating its price by a staggering 25% in a mere week, Solana approaches the symbolic $30 mark, drawing intense …
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Kazakh Crypto Miners Rally, Urging Presidential Intervention on Energy Prices
In Kazakhstan, a dominant force in the Bitcoin mining sector, local crypto-mining enterprises have voiced their concerns about escalating energy prices to President Kassym-Jomart Tokayev. Key Takeaways Very Distressful Situation In a significant move reflecting the distress pervading the cryptocurrency mining sector in Kazakhstan, eight principal cryptocurrency mining entities have dispatched an open letter to the nation’s President, Kassym-Jomart Tokayev, …
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Shanghai Charts a Course Towards a 2025 Blockchain Future
Shanghai unveils a plan for robust blockchain development by 2025, emphasizing technological advancements, applications in various sectors, and talent cultivation. Key Takeaways The metropolis of Shanghai steps boldly into the future, issuing a detailed “special action” plan that aims to hasten blockchain development, with a primary focus on high-level research and technological evolution. As revealed by the Science and Technology …
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Congress, SEC, and Coinbase: A Regulatory Tug of War
Coinbase confronts SEC, gains congressional support for transparent crypto regulations, highlighting a regulatory disconnect in the U.S. amidst a complex landscape. Key Takeaways: Coinbase has been at the forefront of the battle against perceived overreach by the SEC. The company’s willingness to approach the Supreme Court has highlighted the intensity of its struggle against regulatory impediments, and in doing so, …
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