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September 29, 2022

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Bittrex, BitGo, six others sign on to crypto market integrity pledge

QUICK TAKE A self-regulatory organization in development has picked up eight new members. Launched with support from Coinbase and Circle earlier this year, the Crypto Market Integrity Coalition now counts 38 members. Eight more firms have signed on to a crypto market integrity pledge that hopes to promote the industry’s efforts at self-regulation. The news comes from […]

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Ethereum censorship: 24% of blocks reject transactions

Some MEV-boost relays in Ethereum are choosing to refuse transactions that include addresses on the Office of Foreign Assets Control (OFAC)’s Specially Designated Nationals and Blocked Persons (SDN) list. MEV-boost is an open-source tool developed by Flashbots that allows for validators to use blocks built and relayed to them by individuals hoping to make arbitrages, or find other

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Synthetix Related Mentions on Social Media Spike by 80%, Can SNX Price Keep Up?

Interest in Synthetix Network Token (SNX) has spiked tremendously on social media as SNX gains a mere 4% on the daily chart; but with on-chain indicators glimmering can SNX start a rally any time soon? After Synthetix founder Kain Warwick submitted a proposal to turn off SNX’s high yield returns and cap its supply at 300 million tokens, the

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Bitcoin price slips under $19K as official data confirms US recession

Politicians continue to argue about whether the U.S. economy is in recession, even as data highlights two consecutive quarters of negative growth. Meanwhile, BTC holds $19,000, for now. MARKET UPDATE   Bitcoin (BTC) wobbled in its narrow trading range at the Sep. 29 Wall Street open as official data put the United States economy in

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$ADA: How Cardano’s Vasil Upgrade Is Making DApps ‘More Efficient and Cheaper To Run’

This article looks at two examples of how Cardano’s Vasil upgrade, which was deployed on the mainnet on September 22, is helping DApps to significantly reduce transaction size and cost. On September 22, Input Output Global (“IOG”), the blockchain technology company behind Cardano’s R&D, announce that at 9:44 p.m. UTC on that day IOG and

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SWIFT, Chainlink announce cross-chain interoperability partnership

Interbank messaging system SWIFT has partnered with crypto data provider Chainlink for an initial proof of concept to use cross-chain interoperability protocol (CCIP) for on-chain token transfers, Sergey Nazarov, Chainlink’s cofounder announced at the SmartCon 2022 conference on Wednesday. Fast facts The CCIP will enable communications and movement of tokens between institutions and help accelerate blockchain

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Ethernity up 174% ahead of anticipated announcement at Decentraland meetup

Share The Ethenity token, ERN, is up 170% on the day in anticipation of a big announcement during the upcoming Decentraland meet-up at the new Ethernal Labs HQ within the metaverse. Users on the official Ethernity Discord channel were bemused about why the token is pumping while the rest of the market falls. The conversations focused

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Crypto Analyst Warns Altcoins Could Crash by Up to 60% More – Here’s the Timeline

Popular crypto analyst Jason Pizzino predicts further losses for the altcoins market even after its valuation already plunged from a peak of over $900 billion in late 2021 to around $200 billion currently. In a new video, Pizzino tells his 276,000 YouTube subscribers that the current $221 billion market cap of crypto assets, excluding Bitcoin

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Coinbase shares drop 9% after Wells Fargo issues profitability warning

QUICK TAKE Coinbase shares were trading around $61 on Thursday shortly after the open. Wells Fargo said shares in the exchange are likely to fall further amid fears over competition and profitability. Coinbase (COIN) shares plunged by more than 9.3% as U.S. markets opened on Thursday after Wells Fargo issued a profitability warning. The multinational

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U.S.-based Facebook and Instagram users can now cross-post digital assets

QUICK TAKE Facebook and Instagram users in the U.S. can now cross-post digital assets between platforms. Meta’s move adds functionality and visibility of digital assets across two of the most popular social media platform. Meta has added more digital asset functionality between two of its top social media platforms. “Today we’re announcing everyone on Facebook

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