Solana’s Investor Exodus: How an Emerging AI Crypto Aims to Surpass Quant by the Next Bitcoin Halving

Solana faces investor exodus; emerging AI crypto aims to surpass Quant by the next Bitcoin halving Solana Network Outage The Solana network recently encountered a significant setback, enduring a 5-hour outage that precipitated a staggering $3 million exodus of investors. The outage was attributed to a bug, triggering an infinite loop within cryptocurrency transactions. This…

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Breaking News: CFTC Chair Addresses SEC’s Potential Impact on Ethereum’s Custody

The probable decision of SEC to allow one of its registered firms, Promethium to custody Ether, would classify it a security, warned Commodity Futures Trading Commission (CFTC). The CFTC Chairman, Rostin Behnam testified in a March 6 hearing before the House Committee that both Bitcoin and Ether are commodities. SEC-registered Special Purpose Broker Dealers (SPBDs)…

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Strengthening Crypto Regulation in Nigeria: The Impact of Binance Disputes

The Nigerian Securities and Exchange Commission (SEC) has disclosed plans to introduce new regulations for crypto operators following recent challenges with Binance New regulations The planned regulation would include licensing, registration, and screening guidelines for digital and virtual asset services providers (VASPs). In addition, the new guideline would ensure that malicious actors are not registered…

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Say Goodbye to Crypto Confusion: Avalanche Transforms into an L0 Network with Teleporter!

Welcome to the World of Avalanche! The Evolution of Avalanche Let’s talk about how Avalanche has transformed into an interconnected network of multiple chains, facilitated by an exceptional communication system that imparts the illusion of a unified chain. This transformation was made possible following the implementation of Teleporter. Now, Avalanche’s conventional messaging protocol and Avalanche…

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Unlocking Opportunities: Pantera Capital’s Strategic Move to Secure Discounted SOL Tokens from FTX Estate

Pantera Capital Fundraising to Acquire Discounted SOL Tokens from FTX Estate Pantera Capital’s Ambitious Initiative Pantera Capital, a leading asset management firm specializing in cryptocurrencies, has recently announced a bold move in the crypto market. The firm is initiating a $250 million fundraising campaign to acquire discounted SOL tokens from FTX Estate. The target price…

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