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CoinMarketCap Announcements

UK’s FCA Rejected Nearly 90% of Crypto Firm Applications
https://coinmarketcap.com/academy/article/uks-fca-rejected-nearly-90percent-of-crypto-firm-applications

The United Kingdom's Financial Conduct Authority (FCA) has revealed that almost 90% of cryptocurrency firms applying for registration in the past year failed to meet the necessary standards.

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Popular Telegram Game Catizen Token Launch Set for September 20
https://coinmarketcap.com/academy/article/popular-telegram-game-catizen-token-launch-set-for-september-20

The highly anticipated token launch for Catizen, a popular Telegram-based game, has been officially scheduled for September 20.

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Telegram CEO Pavel Durov Makes First Public Statement Since Arrest
https://coinmarketcap.com/academy/article/telegram-ceo-pavel-durov-makes-first-public-statement-since-arrest

Pavel Durov, the co-founder and CEO of Telegram, has defended his company's practices and expressed surprise at the French authorities' actions following his arrest in France.

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Robinhood Reaches $3.9 Million Settlement with California DOJ Over Crypto Withdrawal Issues
https://coinmarketcap.com/academy/article/robinhood-reaches-dollar39-million-settlement-with-california-doj-over-crypto-withdrawal-issues

MediaRobinhood Crypto has reached a $3.9 million settlement with the California Department of Justice following an investigation into its practices regarding cryptocurrency withdrawals.

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CoinMarketCap Announcements

Dogwifhat Futures Open Interest Surges 16% as Reversal Pattern Emerges
https://coinmarketcap.com/academy/article/dogwifhat-futures-open-interest-surges-16percent-as-reversal-pattern-emerges

MediaThe open interest (OI) in Dogwifhat futures has spiked, signaling increased trading activity among futures traders.

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CoinMarketCap Announcements

Bitcoin ETFs See $288M in Continued Outflows as Crypto Market Faces Sell-Off
https://coinmarketcap.com/academy/article/bitcoin-etfs-see-dollar288m-in-continued-outflows-as-crypto-market-faces-sell-off

Bitcoin (BTC) spot exchange-traded funds (ETFs) have experienced their fifth consecutive day of negative flows, with net outflows reaching $287.8 million on September 3.

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Uniswap Labs Settles with CFTC Over Alleged Illegal Trading Practices
https://coinmarketcap.com/academy/article/uniswap-labs-settles-with-cftc-over-alleged-illegal-trading-practices

The Commodity Futures Trading Commission (CFTC) has reached a settlement with Uniswap Labs, the company behind the Ethereum-based decentralized exchange Uniswap.

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Arthur Hayes Predicts Short-Term Bitcoin Dip to $50K Before Potential Rally
https://coinmarketcap.com/academy/article/arthur-hayes-predicts-short-term-bitcoin-dip-to-dollar50k-before-potential-rally

Bitcoin (BTC) may face further declines before experiencing a significant rally later this month, according to BitMEX co-founder Arthur Hayes.

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DeFi Platform Pendle Claims to Have Saved $105 Million After $27 Million Penpie Hack
https://coinmarketcap.com/academy/article/defi-platform-pendle-claims-to-have-saved-dollar105-million-after-dollar27-million-penpie-hack

MediaIn a post-mortem published on Wednesday, the decentralized finance (DeFi) protocol Pendle claimed to have safeguarded around $105 million in funds.

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CoinMarketCap Announcements

Polygon Upgrades Native Token to "POL" to Enhance Ecosystem Growth
https://coinmarketcap.com/academy/article/polygon-upgrades-native-token-to-pol-to-enhance-ecosystem-growth

MediaPolygon, the Ethereum layer-2 scaling solution, has announced the upgrade of its native cryptocurrency from MATIC to POL.

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CoinMarketCap Announcements

TON Hits Four-Month Low Following Telegram CEO’s Arrest and Network Struggles
https://coinmarketcap.com/academy/article/ton-hits-four-month-low-following-telegram-ceos-arrest-and-network-struggles

Toncoin (TON), the cryptocurrency linked to Telegram, saw its price dip below $5 on Tuesday, marking a four-month low.

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Nvidia Loses Record $280 Billion in Market Value Amid DOJ Antitrust Probe
https://coinmarketcap.com/academy/article/nvidia-loses-record-dollar280-billion-in-market-value-amid-doj-antitrust-probe

Nvidia, the world's leading manufacturer of AI-specific computer chips, experienced its most significant single-day loss in market capitalization on September 3, 2024.

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WazirX Hacker Transfers $6.5 Million in Stolen Crypto Through Tornado Cash
https://coinmarketcap.com/academy/article/wazirx-hacker-transfers-dollar65-million-in-stolen-crypto-through-tornado-cash

MediaSeptember 3, 2024 - A cryptocurrency wallet linked to the hacker behind the $235 million theft from Indian exchange WazirX has moved a significant portion of the stolen funds.

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CoinMarketCap Announcements

Polymarket Traders Indicate 70% Probability of a 25-Basis-Point Rate Cut in Fed Upcoming Rate Decision
https://coinmarketcap.com/academy/article/polymarket-traders-indicate-70percent-probability-of-a-25-basis-point-rate-cut-in-fed-upcoming-rate-decision

MediaThe upcoming Federal Open Market Committee (FOMC) meeting of the Federal Reserve has garnered significant attention from Polymarket traders.

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CoinMarketCap Announcements

Qatar Financial Centre Introduces Comprehensive Digital Assets Framework
https://coinmarketcap.com/academy/article/qatar-financial-centre-introduces-comprehensive-digital-assets-framework

The Qatar Financial Centre (QFC) in Doha has unveiled a comprehensive regulatory framework aimed at overseeing and fostering the development of digital assets.

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Celestia Unveils Ambitious Plan to Scale Block Size to 1 Gigabyte
https://coinmarketcap.com/academy/article/celestia-unveils-ambitious-plan-to-scale-block-size-to-1-gigabyte

Celestia recently revealed plans to boost its block size to up to 1 gigabyte, as part of its efforts to improve data transfer efficiency.

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Helium's HNT Token Gains 18%, Bucking Wider Market Downturn
https://coinmarketcap.com/academy/article/heliums-hnt-token-gains-18percent-bucking-wider-market-downturn

Helium (HNT) has surged by 18% over the past week, driven by growing momentum in the Helium ecosystem.

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CoinMarketCap Announcements

Tune in to our CMC Live! 🇪🇸

🎙 [CMC Live] El potencial de Bitcoin en DeFi

🔥 Bitcoin no es solo para holdear y minar, ¡también puedes usarlo en DeFi!

📍 LIVE NOW!
https://coinmarketcap.com/community/es/post/339661963/

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CoinMarketCap Announcements

🕹️ @xyro_io is taking gameplay to the next level by integrating AI into the XYRO platform, and things are about to evolve like never before!

⚡️ What’s in store?

• Players can face off against AI in upcoming Game Modes!
• Get strategy boosts tailored to each player’s unique tactics and gameplay!
• Plus, a brand new $XYRO AI utility is on the way, stay tuned for more!

The future of gamified social trading just received a serious upgrade! 🔮

🔗 Join the revolution at http://xyro.io

#CMCLabs #Partnership

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CoinMarketCap Announcements

Bitcoin Network Activity Plunges 30% in 6 Months as Crypto Market Disinterest Grows
https://coinmarketcap.com/academy/article/bitcoin-network-activity-plunges-30percent-in-6-months-as-crypto-market-disinterest-grows

MediaThe onchain analytics platform CryptoQuant has warned of potential weakness in the Bitcoin (BTC) price.

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CoinMarketCap Announcements

Polymarket Prediction Data Enters Mainstream with Bloomberg Terminal Integration
https://coinmarketcap.com/academy/article/polymarket-prediction-data-enters-mainstream-with-bloomberg-terminal-integration

Polymarket's data is set to reach a broader audience.

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Trump-Backed Crypto Project Aims to Bolster US Dollar Supremacy Through Stablecoins
https://coinmarketcap.com/academy/article/trump-backed-crypto-project-aims-to-bolster-us-dollar-supremacy-through-stablecoins

World Liberty Financial, the much-anticipated crypto project promoted by the Trump family, has unveiled its ambitious mission to maintain global US dollar dominance.

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Swiss Banking Giant ZKB Launches Bitcoin and Ethereum Trading
https://coinmarketcap.com/academy/article/swiss-banking-giant-zkb-launches-bitcoin-and-ethereum-trading

MediaZKB, with total assets of approximately 200 billion Swiss francs ($235 billion), now offers crypto trading through its eBanking and Mobile Banking platforms.

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Bitcoin's Four-Year Cycle Declared "Dead" Amid Weakest Post-Halving Performance By Outline Venture
https://coinmarketcap.com/academy/article/bitcoins-four-year-cycle-declared-dead-amid-weakest-post-halving-performance-by-outline-venture

MediaIndustry experts are challenging the long-held belief that Bitcoin's price performance is intrinsically linked to the cryptocurrency's quadrennial halving event.

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CoinMarketCap Announcements

21.co Launches Wrapped Bitcoin on Ethereum Amid WBTC Controversy
https://coinmarketcap.com/academy/article/21co-launches-wrapped-bitcoin-on-ethereum-amid-wbtc-controversy

21.co, the parent company of 21Shares, a major player in the crypto exchange-traded fund (ETF) market, is expanding its presence in the world of wrapped assets.

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FBI: North Korean Cyber Criminals Are Targeting Crypto ETF Industry
https://coinmarketcap.com/academy/article/fbi-north-korean-cyber-criminals-are-targeting-crypto-etf-industry

The United States Federal Bureau of Investigation (FBI) has issued a stark warning about increasingly sophisticated cyber attacks orchestrated by North Korean criminals.

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Crypto Markets Slump Amid Weak Manufacturing Data and Equities Sell Off
https://coinmarketcap.com/academy/article/crypto-markets-slump-amid-weak-manufacturing-data-and-equities-sell-off

The total crypto market capitalization fell by a staggering 4.67% over the past 24 hours on September 4, facing yet another downturn over macroeconomic concerns.

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South Korean Authorities Launch Probe into Telegram over Illicit Content Allegation
https://coinmarketcap.com/academy/article/south-korean-authorities-launch-probe-into-telegram-over-illicit-content-allegation

MediaIn a latest development, South Korean authorities have launched a probe into the popular messaging app Telegram.

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CoinMarketCap Announcements

Reflexivity Research: August Monthly Round-Up 🔬

In partnership with Reflexivity Research, we're excited to share our latest monthly round-up, featuring the recently released research content from their team.

Read more ⬇️
https://coinmarketcap.com/academy/article/reflexivity-research-august-2024-in-review

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Brazilian Supreme Court Upholds Suspension of X Following Tensions with Elon Musk
https://coinmarketcap.com/academy/article/brazilian-supreme-court-upholds-suspension-of-x-following-tensions-with-elon-musk

A panel of Brazil's Supreme Court justices has unanimously upheld a ruling to suspend operations of the social media platform X, formerly known as Twitter, within the country.

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