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CoinMarketCap Announcements

Tesla CEO Elon Musk Cleared in $258 Billion Dogecoin Lawsuit
https://coinmarketcap.com/academy/article/tesla-ceo-elon-musk-cleared-in-dollar258-billion-dogecoin-lawsuit

Elon Musk and Tesla have successfully fended off a lawsuit alleging manipulation of Dogecoin (DOGE)'s price.

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Inferno Drainer Tool Sees Threefold Increase Amid Crypto Boom in 2024
https://coinmarketcap.com/academy/article/inferno-drainer-tool-sees-threefold-increase-amid-crypto-boom-in-2024

MediaThe number of decentralized applications (DApps) utilizing the Inferno Drainer tool has reached 40,000 by the end of July 2024, according to data from Web3 security firm Blockaid.

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CoinMarketCap Announcements

Parafi Capital Raises $120M Amid Crypto Market Rebound
https://coinmarketcap.com/academy/article/parafi-capital-raises-dollar120m-amid-crypto-market-rebound

Parafi Capital, a digital asset management firm, has successfully raised $120 million from a range of investors, including Theta Capital Management and Accolade Partners.

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CoinMarketCap Announcements

TON Blockchain Resumes Operations After Outage Caused by DOGS Token Airdrop
https://coinmarketcap.com/academy/article/ton-blockchain-resumes-operations-after-outage-caused-by-dogs-token-airdrop

The Open Network (TON) blockchain is back in action after a brief but significant disruption that halted block production for several hours.

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Stacks Network Launches Nakamoto Upgrade, Promising Faster Bitcoin Transactions
https://coinmarketcap.com/academy/article/stacks-network-launches-nakamoto-upgrade-promising-faster-bitcoin-transactions

MediaThe long-awaited Nakamoto upgrade for the Stacks (STX) network, a layer-2 solution for Bitcoin, has finally begun.

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CoinMarketCap Announcements

Nvidia Beats Expectations with $30 Billion Q2 Revenue, Signaling Strong AI Growth
https://coinmarketcap.com/academy/article/nvidia-beats-expectations-with-dollar30-billion-q2-revenue-signaling-strong-ai-growth

MediaNvidia has once again demonstrated its dominance in the artificial intelligence (AI) sector.

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CoinMarketCap Announcements

California Lawmakers Propose AI Content Regulations
https://coinmarketcap.com/academy/article/california-lawmakers-propose-ai-content-regulations

MediaCalifornia legislators are currently addressing the complexities of AI regulation.

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CoinMarketCap Announcements

TON Blockchain Resumes Normal Operations After Brief Disruption
https://coinmarketcap.com/academy/article/ton-blockchain-resumes-normal-operations-after-brief-disruption

MediaIn a recent development, the TON Foundation has announced that the TON blockchain is back to producing blocks normally.

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Ethereum Foundation Reveals 2023 Spending Breakdown Amid Community Scrutiny
https://coinmarketcap.com/academy/article/ethereum-foundation-reveals-2023-spending-breakdown-amid-community-scrutiny

Ethereum co-founder Vitalik Buterin and Ethereum Foundation spokesperson Josh Stark provided a detailed account of the Foundation's 2023 expenditures.

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Sony Launches Testnet and Incubation Program for its Ethereum Layer-2 Soneium
https://coinmarketcap.com/academy/article/sony-launches-testnet-and-incubation-program-for-its-ethereum-layer-2-soneium

Sony Group's blockchain subsidiary has officially launched the "Minato" testnet for its Ethereum Layer-2 blockchain, Soneium.

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AI Crypto Tokens’ Market Cap Surge as Nvidia Is Set to Announce Earnings
https://coinmarketcap.com/academy/article/ai-crypto-tokens-market-cap-surge-as-nvidia-is-set-to-announce-earnings

The market capitalization for artificial intelligence (AI) and big data cryptocurrency projects has experienced a remarkable surge, climbing by 79.7% over the past three weeks.

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CoinMarketCap Announcements

Tune in to our CMC Live in French! 🇫🇷

🎙 [CMC Live] La décentralisation de Bitcoin est-elle menacée ?

🔥ICP et Cointribune s'allient et présentent un podcast sur les enjeux de la décentralisation.

📍LIVE NOW!
https://coinmarketcap.com/community/fr/post/339205586/

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CoinMarketCap Announcements

Russia to Launch Cryptocurrency Exchange Trials for Cross-Border Payments Starting September 2024
https://coinmarketcap.com/academy/article/russia-to-launch-cryptocurrency-exchange-trials-for-cross-border-payments-starting-september-2024

Moscow, Russia - In a move to circumvent Western restrictions, the Russian government has announced plans to launch regulated trials of cryptocurrency exchanges for cross-border payments.

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NFT Sales Rebound on Major Blockchains After Prolonged Decline
https://coinmarketcap.com/academy/article/nft-sales-rebound-on-major-blockchains-after-prolonged-decline

MediaAfter declining throughout 2024, the weekly sales volumes of non-fungible tokens (NFTs) on some of the leading blockchains for digital collectibles have finally turned positive.

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CoinMarketCap Announcements

PayPal's Stablecoin PYUSD Surpasses $1 Billion in Market Cap
https://coinmarketcap.com/academy/article/paypals-stablecoin-pyusd-surpasses-dollar1-billion-in-market-cap

PayPal’s stablecoin, PayPal USD (PYUSD), has reached a significant milestone, surpassing $1 billion in total market capitalization, according to CoinMarketCap.

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CoinMarketCap Announcements

Tune in to our CMC Live! 🇧🇷

🎙 [CMC Live] Como usar o Binance Auto Invest Bot?

🔥Aprenda a aumentar seu patrimônio automaticamente com ajuda da Binance.

📍LIVE NOW!
https://coinmarketcap.com/community/pt-br/post/339134806/

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CoinMarketCap Announcements

Indonesian Government Evaluates Telegram’s Future Amid Content Moderation Failures
https://coinmarketcap.com/academy/article/indonesian-government-evaluates-telegrams-future-amid-content-moderation-failures

Indonesia's government is contemplating a ban on Telegram due to ongoing concerns about the platform's inadequate moderation of illicit content.

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What Happened in Crypto Today: Is Crypto on the Verge of a Breakout?
https://coinmarketcap.com/academy/article/what-happened-in-crypto-today-is-crypto-on-the-verge-of-a-breakout

From a meme coin airdrop triggering TON's outage to AI coins enjoying gains, here is a 4-minute breakdown of everything important that happened in crypto today.

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OpenSea Received Wells Notice from SEC Alleging NFTs as Securities
https://coinmarketcap.com/academy/article/opensea-received-wells-notice-from-sec-alleging-nfts-as-securities

MediaOpenSea, one of the leading NFT marketplaces, is preparing for a lawsuit with the United States Securities and Exchange Commission (SEC).

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CoinMarketCap Announcements

Telegram CEO Pavel Durov Released from Custody After Facing Charges in France
https://coinmarketcap.com/academy/article/telegram-ceo-pavel-durov-released-from-custody-after-facing-charges-in-france

MediaThe founder and CEO of the popular messaging app Telegram, Pavel Durov, has been released from custody after being charged by French authorities.

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CoinMarketCap Announcements

Tune in to our CMC Live!

🎙 [CMC Live] EtherFi on Liquid Restaking, Bitcoin & more!

🔥After eETH, EtherFi has created eBTC. What possibilities restaking is going to unlock in DeFi's future?

📍LIVE NOW!
https://coinmarketcap.com/community/live/339241818/

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CoinMarketCap Announcements

New Zealand Mandates Crypto Firms to Report User Transactions under OECD Framework
https://coinmarketcap.com/academy/article/new-zealand-mandates-crypto-firms-to-report-user-transactions-under-oecd-framework

MediaIn a move to combat international tax evasion, the New Zealand government has announced plans to implement the Crypto-Asset Reporting Framework (CARF).

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CoinMarketCap Announcements

🚀 Excited to announce a new addition to #CMCLabs!

Welcome to the CMC Accelerator Program, XYRO! We're stoked to have you on board 🎉

We're bullish on XYRO and believe they'll make a mark in GameFi!

Find out more: https://coinmarketcap.com/academy/article/xyro-selected-as-incubatee-of-cmc-labs-coinmarketcaps-web3-accelerator-program

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CoinMarketCap Announcements

Layer-2 Network Base Reaches Key Milestone, Surpassing 1M Daily Active Addresses
https://coinmarketcap.com/academy/article/layer-2-network-base-reaches-key-milestone-surpassing-1m-daily-active-addresses

Coinbase's Layer-2 network, Base, has reached a significant milestone, surpassing 1 million daily active addresses amid a surge in the registration of new "basenames" on its blockchain.

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DeFi Protocol Maker Rebrands as Sky, Dai Stablecoin is Now USDS
https://coinmarketcap.com/academy/article/defi-protocol-maker-rebrands-as-sky-dai-stablecoin-is-now-usds

Maker Protocol, the DeFi lending platform, has officially rebranded itself as Sky and introduced a new suite of upgrades.

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CoinMarketCap Announcements

Tune in to our CMC Live in Spanish! 🇪🇸

🎙 [CMC Live] Lo Último en TON: Airdrop de DOGs y más.

🔥 El fundador de Telegram, ha sido detenido por las autoridades francesas, mientras que DOGS, realizó su tan esperado airdrop.

📍LIVE NOW!
https://coinmarketcap.com/community/es/post/339430406/

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Celsius Distributes Over $2.5 Billion to Creditors in Bankruptcy Case
https://coinmarketcap.com/academy/article/celsius-distributes-over-dollar25-billion-to-creditors-in-bankruptcy-case

In a significant development in the Celsius bankruptcy case, the crypto lender's administrator has distributed over $2.53 billion to more than 251,000 creditors.

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Vitalik Buterin Questions DeFi's Long-Term Viability, Sparks Debate in Ethereum Community
https://coinmarketcap.com/academy/article/vitalik-buterin-questions-defis-long-term-viability-sparks-debate-in-ethereum-community

MediaEthereum has faced its share of criticism about whether decentralized finance (DeFi), one of the main use cases, has genuine long-term value.

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CoinMarketCap Announcements

EigenLayer’s EigenDA Expands Support for Native Token Restaking in L2 Networks
https://coinmarketcap.com/academy/article/eigenlayers-eigenda-expands-support-for-native-token-restaking-in-l2-networks

EigenDA, the data availability protocol developed by EigenLayer, has announced an expansion of its services to support native token restaking for layer-2 scaling networks.

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Bitcoin Stagnates as Analysts Warn of Imminent Price Correction
https://coinmarketcap.com/academy/article/bitcoin-stagnates-as-analysts-warn-of-imminent-price-correction

Bitcoin (BTC) grinded downwards following the Wall Street open on August 26, as analysts issued warnings of a possible short-term price correction.

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