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    Ethereum Price Falls to $950 on Uniswap As Whale Dumps 93K ETH

    Ethereum’s native token Ether (ETH) fell to as low as $950 on Uniswap—a decentralized crypto exchange— this June 13, about 20% lower than its spot rate across other exchanges. The incident happened at around 3:00 am UTC after a whale dumped 65,000 ETH for multiple “stablecoins,” including USD Coin (USDC), Tether (USDT) and Dai (DAI). […] More

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    These Crypto Projects Are Helping Improve the World

    One must acknowledge the potential that arises from leveraging blockchain and cryptocurrency technology. The following projects can be the catalyst to do some good for the world. EarthFund DAO: Under the DAO banner, EarthFun will create a treasury for changing the world. People can donate to causes – rather than projects. Grand Time:  Grand Time is […] More

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    Binance Ends Support for Confidential Litecoin Transactions As It Can’t Verify Sender’s Address

    Crypto exchange Binance announced they are ending support for Litecoin (LTC) transactions sent through the latest MimbleWimble (MWEB) upgrade. Binance warned that any transaction sent through the MWEB function would be lost since the crypto exchange can’t verify the sender’s address. The announcement comes just days after major South Korean crypto exchanges delisted LTC due to the […] More

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    Russian Parliament Prepares Bill to Prohibit Crypto Payments

    Legislation making it illegal to pay with cryptocurrencies has been filed with the State Duma, the lower house of Russia’s parliament. The sponsors of the bill want to task crypto platforms to prevent transactions that could facilitate payments with digital assets. Russian lawmakers will review a new bill imposing a ban on the use of […] More

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    Celsius Tumbles 70% in 1 Hour Amid Withdrawals and Transfers Pause

    On Sunday night, with crypto markets already in freefall, controversial crypto lender Celsius announced it was suddenly pausing all customer withdrawals, swaps, and transfers. The company’s CEL token quickly reacted, dropping 70% in one hour from a prior high of $0.49 earlier on Sunday down to $0.15, according to CoinMarketCap. More

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    Cryptocurrency Market Loses Over $100B This Weekend; Most Cryptos Tank

    Over $100B was wiped off the cryptocurrency market this weekend after Treasury Secretary Janet Yellen issued a sombre crypto warning. Crypto prices have fallen together with the S&P 500 down 2.9% Friday, and the Nasdaq down 3.5%. The crypto market has grown increasingly correlated with traditional equity markets in recent months. Both crypto and stock […] More

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    Luxury Fashion Company Farfetch Adopts Crypto Payments

    Farfetch is the most recent premium fashion brand to experiment with digital currencies. Later this year, the luxury apparel business will begin taking bitcoin payments on its marketplace. The cryptocurrency payment feature will be tested at luxury boutiques across the European Union before being extended out to the United States, Europe, and the United Kingdom. More

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    Treasury Secretary Calls Bitcoin a ‘Very Risky Investment’ for Retirement Savings

    Treasury Secretary Janet Yellen on Thursday warned against including Bitcoin and other cryptocurrencies in retirement plans, calling them a “very risky investment”. Yellen’s comments came at a New York Times event in Washington, in response to a question about Fidelity’s April announcement that it will let workers save up to 20% of their retirement funds in Bitcoin. More

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    European Union to Reach Agreement Soon on Crypto Regulation

    The European Union is closing in on an agreement to regulate the cryptocurrency sector that would establish common rules across the 27 member countries, people familiar revealed, according to a Bloomberg report on Friday. An agreement on MiCA would put the EU at the cutting edge of crypto regulation by creating unified rules across a […] More

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