USDC Gains Strength as Centre Consortium Concludes, Thanks to Coinbase and Circle Collaboration

Coinbase, the leading cryptocurrency exchange, has acquired a minority stake in Circle Internet Financial, a move that coincides with the restructuring of the Centre Consortium partnership responsible for issuing USD Coin (USDC), the second-largest stablecoin globally. This acquisition signals a significant development as it places UDC’s issuance and governance under Circle’s control, expanding its influence in the market. The exact …

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Insights on Hashdex’s Bitcoin ETF Filing by Bloomberg’s ETF Analyst

Hashdex, the digital asset management firm, has made a significant move by filing a 19b-4 with the NYSE to reposition its DeFi ETF as a Bitcoin ETF. This transformation involves shifting its core strategy to hold spot Bitcoin directly without relying on Coinbase’s Supervisory Sharing Agreement (SSA). The rebranding is evident as the DeFi ETF is now known as the …

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XRP Drops 14% as Mastercard Collaborates with Ripple

Mastercard, a leading global payment technology company, has announced a strategic relationship with several blockchain companies, including Ripple. This move signals the increasing importance of central bank digital currencies (CBDCs) in the global financial system. Despite this positive development, the value of Ripple’s native token, XRP, has experienced a significant decline of 14.3% in the past 24 hours, along with …

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Concerns Raised in Philippines Over Axie Infinity’s Play-to-Earn Model

Axie Infinity, one of the biggest blockchain games, is now facing scrutiny from the Philippine National Police Anti-Cybercrime Group (PNP ACG). The PNP ACG has issued a stern warning to Filipino citizens about the potential risks and scams that exist in the cryptocurrency gaming community. The focus of their warning is specifically on Axie Infinity, a play-to-earn metaverse game that …

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Co-Founder of DeGods Departs from Project

Finn DeGods, one of the co-founders of DeLabs, the entity behind the popular Ethereum NFT profile picture (PFP) collection DeGods and the related project y00ts, has recently announced his departure from the company. Finn stated that he feels it’s time to move on to the next chapter of his career. The transition away from the company began in July. Despite …

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Was XRP set back by 3 years due to the Ripple vs. SEC lawsuit? Find out the truth!

The recent lawsuit filed by the Securities and Exchange Commission (SEC) against Ripple has had a significant impact on the future of XRP. Instead of experiencing growth and adoption, XRP is now caught in a legal battle that has left stakeholders uncertain about what comes next. One influential voice speaking out against the SEC’s actions is John Deaton, the founder …

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YOMP Token: The Crypto Religion is Here!

The Nexus of Faith and Finance Beyond Digital Currency: An Ethos Unveiled YOMP is not merely a token; it is an invitation to be part of a grand tapestry, interwoven with faith, hope, and the thrill of Decentralized Finance (DeFi). It heralds an era where individuals no longer just transact but connect with a higher purpose. YOMP transforms the face …

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The latest artwork by Vinnie Hager combines the digital and physical realms.

Renowned Baltimore-based artist Vinnie Hager is preparing to reveal a groundbreaking art project on September 7th, 2023. Known for his bold use of lines, shapes, and patterns, Hager aims to bridge the gap between physical and digital art with this innovative venture. The project, titled ‘Diary’, offers a visual journey through Hager’s artistic evolution since his early explorations in 2016. …

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Second Postponement for Grayscale vs SEC Verdict, Faces Another Obstacle

Grayscale Spot Bitcoin ETF Verdict Postponed Again- Crypto Community Holds Its Breath The much-anticipated verdict on whether Grayscale can convert its Bitcoin Trust into a fully-fledged ETF has been delayed once again. The U.S. Court of Appeals for the District of Columbia Circuit did not announce its decision on the matter today, leaving investors and industry experts eagerly waiting for …

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Analyzing the Influence of JPMorgan: Ethereum’s Achievement and Ripple’s XRP Challenges

Decoding JPMorgan’s Impact: Ethereum’s Success and Ripple’s XRP Setbacks In a comprehensive investigation conducted by Mr. Pierre Herubel, a renowned crypto expert, a web of connections has been revealed that may have led to Ripple’s struggles and Ethereum’s unprecedented privileges. This intricate tale involves secret meetings, regulatory controversies, and legal battles among influential players such as JPMorgan, the SEC, Ripple, …

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