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16 Dec 2023

Arbitrum Issues: Partial Outage Due to Network Overload

Arbitrum, Ethereum's Layer 2 scaling solution, faced significant issues on December 15, 2023, due to a massive increase in network traffic, resulting in a partial outage lasting approximately two hours.

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15 Dec 2023

OpenAI announces second round of AI startup fund

OpenAI is welcoming applicants for the second batch of Converge 2, its AI startup empowerment initiative, offering a generous $1 million investment to each of the 15 selected participants.

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15 Dec 2023

Ripple issues white paper on CBDCs

Ripple has reinforced its advocacy for central bank digital currencies (CBDCs) by publishing an extensive white paper on the subject.

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15 Dec 2023

The SEC is expected to mandate cash-create models for upcoming Bitcoin ETFs.

Regulatory authorities are likely to mandate a cash-based creation model for upcoming Bitcoin ETFs, suggests Eric Balchunas, an ETF analyst at Bloomberg. This model would influence fund management costs and investor fees.

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14 Dec 2023

Recurring Challenges with Ledger Cold Wallets

While Ledger has long been esteemed among hardware wallet brands, recent shifts in company policies and encountered challenges suggest a potential shift in its prominent status.

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14 Dec 2023

Crypto Regulatory War – CFTC and SEC

The United States is facing challenges in establishing clear regulations for cryptocurrencies, with evident disagreements between its main regulatory bodies. Rostin Behnam, who leads the Commodities Futures Trading Commission (CFTC), recently reaffirmed that under current laws, a majority of cryptocurrencies are classified as commodities. He pointed out there is a regulatory tug-of-war, especially between the Securities and Exchange Commission (SEC) and CFTC, on who should oversee the digital assets space.

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13 Dec 2023

Aptos (APT) Token Unlock: Surpassing Expectations!

The Layer 1 blockchain project Aptos released 24.8 million tokens on December 12, making up 8.9% of its circulating supply. Typically, such token releases are seen negatively, as they increase supply and potentially decrease value.

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13 Dec 2023

BlackRock updates Bitcoin ETF to facilitate bank participation.

BlackRock has updated its spot Bitcoin ETF proposal, simplifying how Wall Street banks can engage by using cash to form new shares, not just crypto. The proposal was detailed to the U.S. SEC by BlackRock and NASDAQ members.

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10 Dec 2023

Solana surpasses Ethereum in sales of irreplaceable tokens!

In a surprising turn of events, Solana emerged as the new superpower in the competition sales of NFTs, surpassing the long-time leader, Ethereum. Recent data is revealing an extremely large increase in the sale of NFTs on Solana, reaching an impressive 16 million dollars, after an increase of 2.78%, despite the general decline of the market.

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10 Dec 2023

Unprecedented Shiba Inu Transaction Fuels Speculation in the Crypto Community!

In the fast paced world of cryptocurrencies, a recent transaction within the Shiba Inu (SHIB) ecosystem it attracted the attention of enthusiasts and market analysts. A move of roughly 4.2 trillion SHIB tokens, worth a whopping $43 million, sent tremors through community of digital currencies.

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10 Dec 2023

Tether will freeze wallets associated with individuals sanctioned by OFAC!

In a move to align with U.S. regulators, stablecoin issuer Tether is implementing a policy to freeze wallets linked to sanctioned entities in the secondary market. Tether has been enforcing controls to halt activities associated with individuals and entities on the Office of Foreign Assets Control SDN List, which includes those under sanctions from sanctioned countries.

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10 Dec 2023

Swiss City Lugano Accepts Bitcoin and Tether for Municipal Taxes

Lugano, a Swiss city, has joined the ranks of three other Swiss cities and cantons in adopting cryptocurrency as a payment method. This initiative is part of Lugano's "Plan B" partnership with Tether, aimed at revitalizing its financial system through Bitcoin technology.