Ethereum, the second-largest cryptocurrency in terms of market capitalization, has been experiencing significant fluctuations recently. The price of Ethereum plummeted to $2,800 on April 12, reflecting the overall downtrend in the cryptocurrency market. Despite this volatility, Ethereum whales, who are considered the giants of the crypto world, have been making strategic moves that have caught
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Avalon, the independent Web3 gaming studio, has recently secured $10 million in funding to accelerate the development of its groundbreaking MMO game. What sets Avalon apart from traditional games is its innovative use of blockchain technology, allowing players to truly own their in-game assets and experiences. This means that players have the freedom to trade,
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The provincial government of Buenos Aires has taken a decisive step by formally accusing Worldcoin of violating consumer laws through what it deems as “abusive clauses” in its user agreement. This move highlights the government’s commitment to protecting consumers from unfair practices by tech companies operating in the region. The allegation that Worldcoin can interrupt
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The ongoing saga involving Binance executive Nadeem Anjarwalla has taken a new twist with his extradition from Kenya. After escaping custody in Nigeria, Anjarwalla was tracked down to Kenya, where the authorities are now working to send him back to face charges related to the manipulation of the Naira and other illicit transactions through Binance.
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Recent discussions between House leaders and Senate Majority Leader Chuck Schumer suggest that action on stablecoin legislation may be imminent. House Financial Services Chair Patrick McHenry and ranking member Maxine Waters met with Schumer to deliberate on the regulatory clarity needed in the area of financial technology. According to reports, there is a possibility that
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