Ethereum Staking Withdrawals Experience Sluggish Movement After a Massive Exodus of 1M ETH

According to data from Token Unlocks, there has been a significant withdrawal of approximately one million ETH following the Shapella upgrade on April 12. However, the deposit of 370,000 ETH during the same period means that the staking balance has not seen a decline of one million.  Token Unlocks has calculated that the present staking balance has descended by 640,000 …

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MarginFi Launches AI Chatbot Omni to Assist with Crypto Transactions

MarginFi, a decentralized finance (DeFi) lending protocol, has recently launched a new chatbot called Omni to assist users with crypto-related transactions. Omni is an AI-powered chatbot designed to help users better understand and interact with Web3. According to MarginFi, the chatbot has been trained to respond to crypto-related prompts and integrate with crypto wallets. Omni is a “one-stop-shop for Web3 …

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Sotheby’s Set to Auction Exclusive NFTs from 3AC’s Collection

Sotheby’s, a renowned auction house, has announced plans to auction off a rare and valuable collection of blue chip NFTs called GRAILS Collection from 3AC. The auction, slated to commence in May, will showcase an array of NFTs, including Larva Labs Zombie Punk and Dmitri Cherniak’s Golden Goose. Rare NFTs Take Center Stage at Sotheby’s Auction This auction is particularly …

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Can Big Eyes Coin Outshine XRP and Bitcoin?

The crypto world is abuzz with anticipation as investors eagerly await the arrival of a new bull market. Big Eyes Coin, a relatively unknown cryptocurrency, has been gaining traction in recent weeks and is now being eyed by many as the next big thing in crypto. The Potential of Big Eyes Coin As more and more people become aware of …

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Ripple Exec Urges EU to Embrace Crypto Regulations Ahead of XRP Verdict

As the verdict of the long-awaited XRP case draws closer, Ripple executive Brad Garlinghouse has expressed his support for progressive crypto laws in Europe. In a recent interview, he highlighted the importance of regulatory clarity and how it can help foster innovation in the industry. The Stance of Ripple Executive Garlinghouse‘s comments come at a time when many countries are …

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Texas House Passes Bill to Ensure Crypto Exchange Transparency

The world of blockchain and cryptocurrency is taking a giant leap forward in the Lone Star State. On Thursday, April 20th, the Texas House of Representatives passed a bill that would allow for the use of Proof-of-Reserve (PoR) technology in financial transactions. This groundbreaking legislation marks an important milestone for the industry and could pave the way for further adoption …

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The new journey of multi-chain deployment, MDEX is stable and far-reaching

After the 2nd anniversary of MDEX’s vigorous development, it finally has a new journey in multi-chain deployment. In the outlook released by MDEX on the second anniversary of the beginning of the year, it stated that multi-chain deployment is the primary task of its development route this year, which means that MDEX is about to embark on a new multi-chain …

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DeFi Platform Thetanuts Finance Raises $17 Million in Latest Funding Round

Decentralized finance (DeFi) platform, Thetanuts Finance, has secured $17 million in its latest funding round led by Polychain Capital, Magnus Capital, and Hyperchain Capital. The funds will be used to forge new partnerships with various blockchain-based companies, including layer 1 and layer 2 networks, liquidity providers, market makers, blockchain foundations, and exchanges. Thetanuts Finance is known for offering crypto-structured products …

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ONE Championship, Animoca Brands, and Notre Game Unveil NFT-Integrated MMA Mobile Game

ONE Championship, the world’s largest martial arts organization, has partnered with Animoca Brands and Notre Game to develop innovative mixed martial art (MMA) mobile game that is set to launch in 2024. The game, dubbed “ONE Fight Arena,” will leverage blockchain technology and NFTs to create a unique and immersive gaming experience for MMA enthusiasts and gamers alike. Revolutionizing Gaming …

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Decentralized Exchange and Regulatory Challenges

Decentralized exchanges (DEX) are a type of cryptocurrency exchange that operates in a decentralized manner, unlike centralized exchanges (CEX), which rely on a central authority to manage trades. DEXs have become increasingly popular in recent years due to their security, transparency, and lack of reliance on a central authority. However, the rise of DEXs has also raised several regulatory challenges, …

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