Tag: Crypto News
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US House passes three key crypto bills ahead of August recess
July 18, 2025 — The US House of Representatives has officially passed three major crypto bills, marking a critical step forward for regulation ahead of the August recess. Key Takeaways The CLARITY Act, GENIUS Act, and Anti-CBDC Surveillance State Act have all passed the House. Over 100 Democrats supported the GENIUS Act, showing rare bipartisan…
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Hu Lezhi Ethereum Scandal: ETH Burn Raises Global Concerns
Alarming Crypto Transactions Spark Warnings China is now facing serious concerns over the potential misuse of brain-computer interface (BCI) technology for mind control. Hu Lezhi Ethereum transactions have ignited global debates after he burned $1.65M in Ethereum and donated $5.35M to WikiLeaks, accompanied by cryptic warnings about digital enslavement. These alarming messages suggest that Kuande…
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Judge Approves FTX Cash Repayment Plan for Crypto Customers
In a big moment for the crypto space, a U.S. judge approved a unique bankruptcy plan for FTX, once the third-largest crypto exchange by volume. This decision ended a rough period that began when FTX collapsed in November 2022. A liquidity crisis revealed an $8 billion shortfall. The plan will repay $16 billion to creditors.…
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AAVE FOUNDER CASHES OUT DURING PRICE SURGE
In a notable turn of events, Stani Kulechov, the founder of Aave, has sold $6.6 million worth of AAVE tokens. This sale comes amid a 66% price surge over the past 30 days, pushing the token’s value to an average of $133.51. The move has sparked intense speculation within the crypto space, with many wondering…
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TON Blockchain Resumes After 7 hour Downtime
In a significant event for the blockchain community, The Open Network (TON) blockchain temporarily halted operations this morning, resuming after over seven hours of downtime. The network, known for its speed and scalability, experienced a critical disruption due to an unprecedented network overload linked to the distribution of DOGS tokens. Impact on Exchanges and Recovery…
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Realio Network Urges Users to Secure Accounts After Phishing Alert
In response to a recent phishing alert, Realio Network, a blockchain platform focused on real-world asset tokenization, has issued a warning to its users. This alert, shared via X by @realio_network, flagged unusual login activities that indicate a potential security breach. The alert highlighted suspicious login attempts, prompting Realio Network to advise immediate action. Users…
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Dubai Recognizes Crypto as Legal Form of Salary Payment
In a landmark ruling, Dubai’s Court of First Instance has officially recognized cryptocurrency as a valid form of salary payment, marking a significant shift in the UAE’s financial landscape. This decision, revealed on August 16, 2024, positions Dubai as a global leader in the adoption of digital currencies for everyday transactions. Case 1739 of 2024:…
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WazirX Plans to Repay $230 Million Worth Losses
WazirX, the leading cryptocurrency exchange in India, has unveiled its strategy to address the $230 million loss incurred following a major hack on its platform. The WazirX plans, after weeks of deploying a bounty program to recover the stolen funds, has finally announced its approach to compensate affected users equitably. Socialized Loss Strategy WazirX plans…
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Institutional Optimism Surges with Ethereum Spot ETFs
Institutional optimism regarding Ethereum has surged with news of potential Ethereum Spot Exchange-Traded Funds (ETFs) on the horizon. Unlike retail investors, institutional investors are showing greater enthusiasm for the crypto asset. This heightened institutional optimism can be attributed to several factors. This includes higher trading volumes that signal a strong belief in Ethereum’s long-term potential.…
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Top Gains with Pepe Coin
The crypto market has been dropping over the past few months, but new indicators are showing that things are about to bounce back for Pepe coin. If you have any interest in Pepe coin or hold any Pepe coins, then you need to see this. So, what is the latest news that has recently come…