Crypto
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Top promoter in Forcount ‘Ponzi’ pleads guilty to wire fraud conspiracy
Part of the plea deal involved Juan Tacuri forfeiting nearly $4 million and real estate which were purchased with victim funds. Source link
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ETH ecosystem users 9X since 2020 as VanEck tips $22K by 2030
The number of daily active users in Ethereum and top layer 2s has rocketed in recent years, and VanEck analysts say this growth will continue. Source link
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3 reasons why Bitcoin failed to break above $72K
Regulatory uncertainty and volatile macroeconomic events may weaken further upside in the BTC price in the near term. Source link
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Public blockchains too ‘fragile’ for tokenization: Professor tells Congress
Allen argued that public blockchains “can’t process large volumes of transactions” — though on-chain data suggests otherwise. Source link
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Paxos International to issue regulated interest-paying stablecoin
The international arm of New York-based Paxos will issue a U.S. dollar-pegged stablecoin that will not be available in the United States. Source link
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'Stand with Crypto' PAC hits 1 million advocates
The Stand With Crypto political action committee claims that nearly nine in 10 Americans believe the financial system needs an overhaul. Source link
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Zone launches PoS gateway with instant settlements
Zone’s layer-1 blockchain is purportedly Africa’s first decentralized, cross border, currency-agnostic payments solution. Source link
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Galaxy tokenizes violin to secure loan, NFT sales volume tumbles: Nifty Newsletter
NFTs recorded a 54% drop in sales volume, from over $1 billion in April to $624 million in May. Source link
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Rushing OP_CAT on Bitcoin could come at an immense security cost
Operation Concatenate (OP_CAT) could be a game-changer for Bitcoin. But if its security risks are not diligently addressed, it could also undermine Bitcoin. Source link
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Coinbase rolls out smart wallet with no gas fees and easy onboarding
Coinbase customers can look forward to a cheaper, easier experience when they buy, sell or trade crypto. Source link
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