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Official newscryp.to channel Only last news about bitcoin, blockchain, decentralization and crypto currencies! @CryptoNews
From Market Opening highs:
S&P 500 down 1.6%
Nasdaq down 2.2%
BTC down 4%
Gold stable
Apple down 2%
Nvidia down 5%
Coinbase down 6%
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Sonic Labs (formerly Fantom) teases incentivised testnet - 𝕏/@0xSonicLabs
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BlockDAG latest crypto firm to score deal with major European soccer clubs — link | tl;dr
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Donald Trump-backed DeFi protocol reportedly based on Dough Finance code — link | tl;dr
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JUST IN: 🇺🇸 US Department of Justice subpoenas NVIDIA $NVDA.
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USDe becoming available for deposit on Ether.fi in exchange for liquid restaking token — link | tl;dr
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Starlink Complies with Order to Block X in Brazil
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The U.S. SEC announced a $225,000 civil penalty against Galois Capital Management LLC, a crypto asset investment advisory firm, for failing to comply with customer asset protection regulations and misleading investors about redemption notice periods. Galois deposited some of its assets in FTX and other institutions, resulting in a loss of about half of its managed assets in November 2022. — link
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North Korea targeting crypto ETF companies and employees: FBI
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According to BlockWorks, Matter Labs, the company behind ZKsync, will lay off 16% of its employees, or 24 employees, the first layoffs since the company was founded six years ago. The company behind ZKsync told Blockworks that the decision was made to make the team more "lean" as it moves into its next phase. Currently, the market value of ZK tokens is only 370 million, and FDV is 2.1 billion. — link
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Terraform Labs transferred 1,075 BTC to a new address: bc1q5f…gtgwha at 20:31 UTC+8 on September 2, worth about $62.81 million. Currently, Terraform Labs only has about $2 million worth of altcoins left. Terraform Labs (TFL) has begun to phase out operations in accordance with the settlement agreement reached between TFL and the U.S. SEC. — link
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JUST IN: 🟠 Bitcoin's hash rate hit a new ALL TIME HIGH 🚀
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Ethereum L2 project Scroll released a video hinting at the upcoming token issuance and airdrop. Scroll is an Ethereum layer 2 network using zk-rollups technology. It raised $50 million in the last round of financing, with a valuation of $1.8 billion. However, the market and exchanges are currently relatively cold to the high FDV projects. — link
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A federal judge rejected Coinbase's bid to dismiss a proposed class action by shareholders who accused the operator of the largest U.S. cryptocurrency exchange of downplaying the likelihood it would be sued by the U.S. Securities and Exchange Commission.
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Earlier, Bubblemaps revealed that there was a large amount of insider trading in NEIRO tokens, with about 78% of the tokens being allocated in advance by insiders, who then transferred the tokens to more than 400 wallet addresses. As of August 28, the internal group had sold about $9 million in NEIRO. — link
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JUST IN: 🇺🇸 FBI warns that North Korean hackers are attempting to steal #Bitcoin and crypto funds from the ETFs 👀
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Don't be this guy, take the opportunity to stack more sats now
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NVIDIA GETS DOJ SUBPOENA IN ESCALATING ANTITRUST INVESTIGATION
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JUST IN: 🇺🇸 Over $1.05 trillion was wiped out from the US stock market today.
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🇸🇻 El Salvador continues to buy the dip 🙌
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🟠 Bitcoin is definitely gonna crash again 👀
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The business activity in the US manufacturing sector continued to contract, albeit at a softer pace in August, with the ISM Manufacturing PMI edging higher to 47.2 from 46.8 in July. This reading came in slightly below the market expectation of 47.5. The Employment Index of the PMI recovered to 46 from 43.4 in July. — link
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SEC charges crypto-focused advisory firm Galois Capital for custody failures — link
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NOTE, the native stablecoin of Canto, the L1 blockchain based on Cosmos, once de-pegged sharply to below $0.6 today, and has now recovered to about $0.96. A few weeks ago, Canto experienced a long downtime, and after the chain was restarted, a large amount of TVL was lost. The loss of stablecoin assets on the cross-chain bridge ultimately led to this depeg. — link — link
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NEW: 🟠 $108 billion investment firm VanEck is predicting a $2.9 million #Bitcoin price by 2050❗️
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Web3 security firm Hypernative raises $16 million in Series A funding — link | tl;dr
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Upbit, the largest exchange in South Korea, announced the launch of UXLINK, supporting KRW, BTC, and USDT trading pairs. UXLINK is a web3 social system designed for large-scale adoption and has previously received support from the TON Foundation. — link
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