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Animoca Brands, a prominent player in the blockchain gaming industry, faced a significant security breach when Yat Siu, co-founder and chair, fell victim to a hacking incident. His X account was compromised, leading to the dissemination of false information regarding a cryptocurrency token named after the company. This case highlights the increasing vulnerability of digital
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The world of Non-Fungible Tokens (NFTs) has seen explosive growth in the past few years, evolving from a niche interest within the blockchain community to a sprawling marketplace brimming with digital art, collectibles, and virtual assets. With some NFTs fetching astonishing prices while others fade into obscurity, the volatility of this environment has prompted creators
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In a significant development within the cryptocurrency industry, SBI VC Trade, a subsidiary of the renowned Japanese financial conglomerate SBI Holdings, is set to acquire the accounts and assets of DMM Bitcoin. This transition is scheduled for March 8, 2025, marking the end of the liquidation process for DMM Bitcoin, which had suffered a catastrophic
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Shiba Inu (SHIB), often referred to as a meme coin that surged in popularity alongside Dogecoin, is making a significant stride into the digital realm with its newly unveiled project, “SHIB: The Metaverse.” Launching in a moment when the virtual landscape is rapidly evolving, Shiba Inu aims to position itself as a pioneering force beyond
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In the ever-evolving world of cryptocurrency, Bitcoin has taken center stage as traders and analysts eagerly watch its price movements. Industry specialists are voicing optimism regarding Bitcoin’s trajectory, specifically as it approaches and seeks to breach the psychologically significant mark of $100,000. According to recognized crypto analyst Trade PSH, the timeframes and milestones to watch
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Ethereum, a leading player in the cryptocurrency space, stands at a crucial juncture in its journey towards regaining bullish momentum. The price of this altcoin has reached a pivotal level that signifies the potential for an impending price rally. Investors are watching closely, hopeful that Ethereum’s resurgence could signal the onset of “Altseason,” a period
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In recent days, Bitcoin has experienced notable price fluctuations, culminating in a surge close to the psychologically significant price of $100,000. Investors, motivated by the bullish sentiment surrounding the cryptocurrency, watched in anticipation as Bitcoin’s price climbed from approximately $94,000 on Christmas Eve to nearly breaching the $100,000 mark. However, just when market excitement peaked,
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