Crypto
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President of Jump Crypto steps down
Kanav Kariya announced his resignation amid reports of a pending investigation into Jump Crypto’s activities and several incidents dating back to 2022. Source link
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Bitcoin derivatives turn bearish as traders anticipate sub $60K BTC price
Bitcoin derivatives data suggests that macroeconomic and crypto-specific factors are behind BTC’s recent drop below $60,000. Source link
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Louisiana’s new crypto law protects node operators, bans CBDC
The U.S. state of Louisiana has updated its legislation to ban the use of central bank digital currencies and to establish rules for digital asset miners and node operators. Source link
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Big banks rush in to test ECB’s wholesale distributed ledger tech
The new participants in the European Central Bank’s DLT tests include major financial institutions. Source link
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MetalCore Closed Beta 3 introduces NFTs and Web3 integration
MetalCore’s CB3 launches on June 27. It integrates NFTs and SHARDS, a new offchain currency, and aims to appeal to both Web2 and Web3 gamers. Source link
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Over $122M Bitcoin longs liquidated as BTC falls below $61K
The incoming selling pressure from the Mt. Gox repayment could still cause Bitcoin’s price to fall below the psychological $60,000 mark. Source link
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Nvidia launches in Middle East amid US AI export clampdown: Report
Nvidia partners with Qatari telecom provider Ooredoo to bring advanced AI technology to the Middle East, marking a significant expansion amid US export restrictions. Source link
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Why are traders shorting Michael Saylor’s MicroStrategy?
Short sellers are targeting MicroStrategy stock, but what is the reasoning behind it? Source link
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Web3 gaming is ‘rocket ship’ ready to blast off, say industry execs
The Decentralize with Cointelegraph podcast interviews gaming executives from five Web3 projects to learn everything there is to know about blockchain games. Source link
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CoinShares secures 116% return from FTX claim sale
CoinShares will reinvest $39.78 million from the sale of its FTX claim into growth opportunities and enhanced client services. Source link
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