Bitcoin Holds Steady Despite Mt Gox Transfers

Bitcoin held steady near $88,000 even as roughly $1 billion worth of BTC was quietly moved from the defunct Japanese exchange Mt Gox. Bitcoin Price Unfazed by Massive Mt. Gox Wallet Activity Some 11,501 bitcoins were quietly shuffled around Tuesday morning from Mt Gox, which filed for bankruptcy in 2014, but the activity, which could…

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Quick Take: Binance Flags MOVE Market Maker for Irregular Trading, Freezes $38M in Profits

Binance has removed a market maker tied to the Movement (MOVE) token after identifying suspicious trading activity and connections to a previously banned entity. Despite only one day passing since the token’s listing, the market maker dumped tens of millions of MOVE tokens, reaping large profits with little market support. Key Details Binance identified the…

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Latam Insights Encore: Libra’s Case Outcome Will Set a (Likely Bad) Predecent for Meme Coins

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition examines how the recent clarification about meme coins not constituting securities could affect the Libra case, shielding founders from legal and civil actions that are already underway, putting investors at risk. Latam…

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Crypto’s Existential Crisis: Can Decentralization and Regulation Coexist?

Decentralized finance experts agree that collaboration is key to building a framework that addresses regulators’ concerns without undermining the potential of decentralized technologies. Bybit Hack Puts DeFi Regulation Debate in Spotlight Following the Lazarus Group’s Bybit hack, which is said to biggest crypto heist in history, initial industry-wide cooperation to block the outflow of over…

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Quick Take: Binance Suspends Employee Amid Insider Trading Allegations

Binance has suspended an employee following an internal investigation into allegations of insider trading. The staff member, formerly part of the BNB Chain’s business development team and recently transitioned to the Binance Wallet team, was found to have misused confidential information about an upcoming token generation event (TGE) for personal financial gain. Quick Take delivers key…

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TON Battleground Brings 90s Shooter Vibes to Telegram

Nostalgia meets innovation as TON Battleground channels the spirit of 90s shooters while packing in Web3 rewards and no-download accessibility. Quick Recap from Chibi Clash Chibi Clash, crowned Best Fighting Game of 2024 by PlayToEarn and ranked among the Top 5 Play-to-Earn Games on Base Network, offers a fantasy gaming universe with interconnected gameplay and…

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