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Benjamin Godfrey



Articles by Benjamin Godfrey

Algorand Expands Its Presence in India with Key Partnerships

18 hours ago

Algorand entered the Indian market earlier this year with the launch of the AlgoBharat Project. One of the first collaborations was formed with the Self-Employed Women’s Association (SEWA). 

Blockchain protocol Algorand (ALGO) has announced its expansion into India through major collaborations with prominent organizations including NASSCOM, TiE Bangalore, and the Mann Deshi Foundation.
Algorand’s Impact Strengthened by New Collaboration
Under collaboration with NASSCOM, Algorand aims to harness the Web3 capabilities of the youth through the FutureSkills Prime skilling hub. This initiative will contribute to the development of a skilled workforce proficient in blockchain technology, paving the way for future innovations.

Moreover, Algorand is set to work closely with the Mann Deshi

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Amazon Joins AI Image Creation Race with New Model Titan

22 hours ago

Amazon’s Titan Image Generator offers a user-friendly interface akin to using Stable Diffusion (SDXL), providing a solid blend of control and versatility.

American multinational technology company Amazon.com Inc (NASDAQ: AMZN) has entered the growing field of generative Artificial Intelligence (AI) with the launch of its latest innovation, the Amazon Titan Image Generator. This new addition is part of the broader Amazon Titan suite, a collection of multimodal foundation models available through Amazon Web Services (AWS).
The announcement made by AI and ML educator Antje Bartha in an official blog post for Amazon highlighted the integration of 25 years of AI and Machine Learning (ML) innovation for the tech giant.

Features and Capabilities of Amazon Titan
The Amazon Titan Image

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Paradigm Says Blast Is ‘Crossing the Line’ amidst Huge TVL Inflows

2 days ago

The Blast Mainnet is scheduled to go live on February 24, 2024, enabling withdrawals and allowing users to redeem their Blast Points for actual rewards starting from May 24 next year.

Recently launched Ethereum (ETH) Layer-2 blockchain Blast has earned itself some popularity in the last few days, although a significant portion of this fame has not been for the right reasons. Blast is the first-ever Layer-2 blockchain protocol to provide its depositors with native yield and this singular action has differentiated it from the likes of top rivals including Arbitrum, Optimism, and Base.
This proposition amongst other factors has pulled a considerable percentage of the market inflows to the new L2 network. About a week ago, Blast recorded over $301 million in staked Ethereum (stETH) and

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Panda Power: Arthur Hayes Explores China’s Influence on Bitcoin Mining

3 days ago

In the article, Hayes presented a unique perspective on centralization, branding himself, and even Changpeng ‘CZ’ Zhao, the former CEO of Binance, as sinners in the eyes of “Lord Satoshi”.

In his recent article, “Panda Power”, Arthur Hayes, a prominent crypto expert and BitMEX co-founder provided a unique perspective on China’s impact on Bitcoin (BTC) mining and the broader global crypto ecosystem.
US-China Relations and the Crypto Market
Hayes explores the recent developments in US-China relations and their potential consequences for the crypto market. With a renewed friendship between the two nations, Hayes predicts that China’s money printer will intensify, injecting momentum into the growing crypto bull market.

Hayes explores the connection between Bitcoin and China,

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SEC Intensifies Hunt for Evidence in Binance.US Fraud Probe

3 days ago

According to the US Commodity Futures Trading Commission (CFTC), allegations of money laundering against Binance may be just the tip of the iceberg.

Binance, one of the world’s largest crypto exchanges, faces heightened scrutiny from the US Securities and Exchange Commission (SEC). A recent report by the Wall Street Journal suggests that the SEC is actively searching for additional evidence to substantiate allegations of potential fraud at Binance.US.
The SEC’s Lawsuit against Binance
The SEC initiated legal proceedings against Binance US in June, accusing the platform of operating illegal securities exchanges. The central claim revolves around allegations of fraudulent activities jeopardizing client funds.

Despite months of investigation, the SEC’s lawsuit has thus far presented a

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eToro Receives Approval to Operate in UAE

4 days ago

EToro’s foray into the UAE comes amidst a period of global expansion for the platform.

The retail and social trading giant eToro recently announced that it has received a license from the Abu Dhabi Global Market (ADGM) to operate as a broker in securities, derivatives, and crypto assets in the United Arab Emirates (UAE).
eToro Bags Significant License
Yoni Assia, the Founder and CEO of eToro, expressed his enthusiasm, stating:

“It is a key milestone in our continued global expansion. Abu Dhabi is increasingly recognized as a growing fintech hub, and we are excited to become part of this flourishing ecosystem.”
As part of its expansion strategy, eToro is keen on deepening its relationships within the UAE. The company recognizes the potential of the region’s growing investor base and

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Bitcoin Price Surges Over $37,400 amid Steady Treasury Yields

4 days ago

In the midst of economic uncertainties, the crypto market, particularly Bitcoin, has experienced notable price movements.

The crypto market is witnessing a surge in Bitcoin (BTC) price, reaching over $37,400, while US Treasury yields remain little changed since Friday. As investors keep a close eye on economic data that could influence the Federal Reserve’s monetary policy, the steady Treasury yields play a crucial role in shaping market dynamics.
Treasury Yields and Market Stability
According to reports, the US Treasury yields held steady earlier today, with the 10-year yield just slightly higher at 4.4861%, and the 2-year yield up by less than one basis point to 4.9633%. Despite uncertainties surrounding interest rates, investors are anticipating clues about the economy’s state,

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Wallet of Satoshi Removed from US App and Google Stores

7 days ago

While Wallet of Satoshi has exited the US market for now, the company expressed hope for a potential return.

Wallet of Satoshi (WoS), a popular Bitcoin (BTC) Lightning payments app, has mysteriously disappeared from both Apple Inc‘s (NASDAQ: AAPL) App Store and Google’s Play Store in the United States. This development comes at a time when the app is on the brink of processing over 1 million transactions for the month of November.
The Disappearance Wallet of Satoshi
Early today, users and members of the crypto community took to the X platform to share their unsuccessful attempts to locate the WoS app on both major app platforms. Instead of finding the app, users said messages redirecting them to competing wallet applications popped up. However, the app continues to be available for

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Bill Gates Envisions Three-Day Workweek Powered by AI

7 days ago

Gates particularly emphasizes AI’s positive impact on productivity in fields such as programming, testing, and healthcare, where it could streamline processes and reduce paperwork for professionals.

American businessman and philanthropist Bill Gates has once again captured the attention of the world with his latest assertion that Artificial Intelligence (AI) could revolutionize the standard workweek, allowing humans to work just three days a week.
Bill Gates’ Vision of a Three-Day Workweek
Bill Gates, the co-founder of Microsoft Corp (NASDAQ: MSFT) and a prominent advocate for AI research shared his optimism about the rapid advancements in AI technology during a recent discussion with comedian Trevor Noah on the podcast ‘What Now’.

This revelation not only underscores the profound

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Bitcoin Price 2024 Predictions: Potential Impact of Spot ETF

7 days ago

Popular trader Bitcoin Jack expressed doubt about BTC hitting $42,000, pointing out that the Binance and ETF news failed to significantly alter market dynamics

Bitcoin (BTC), the world’s largest digital asset currently trading at $37,704 has experienced significant volatility since its inception. As we look ahead to 2024, investors, enthusiasts, and analysts are beginning to unveil their predictions for the future price of Bitcoin.
Binance Woes and BTC ETF Optimism on Bitcoin’s Price
The recent regulatory shocker involving a $4.3 billion fine and Changpeng Zhao’s resignation as CEO at Binance sent ripples through the crypto market. Accordingly, Bitcoin experienced a dip to one-week lows, only to rebound swiftly to near 18-month highs within 24 hours.

Some speculate that this

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Blast Staking Sees $301M Inflow amid Skepticism from Crypto Users

8 days ago

Critics have expressed concerns about the inherent risks of Blast’s model, particularly the practice of staking on the liquid-staking protocol Lido in exchange for Blast points

Despite some skepticism from the crypto community, Blast, an Ethereum Layer-2 blockchain set to be live in March, has successfully garnered over $301 million in staked Ethereum (stETH) and stablecoins since its introduction on Monday, according to reports.
Blast, led by the pseudonymous @PacmanBlur, a co-founder of the popular Non-Fungible Token (NFT) marketplace Blur, distinguishes itself by incorporating native staking, a feature not commonly found in other layer-2 networks.

The protocol has garnered attention not only for its unique technical approach but also due to its high-profile backers, including

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KPMG Canada Partners with Chainalysis to Combat Crypto Fraud

9 days ago

The announcement of KPMG Canada’s partnership with Chainalysis coincides with broader industry efforts to tackle fraud associated with crypto.

The KPMG Canada has announced a strategic partnership with blockchain analytics firm Chainalysis in response to the escalating threats of exploits and fraud within the crypto sector.
Kunal Bhasin, Partner and Cryptoassets and Blockchain Co-leader at KPMG Canada, emphasized that “this collaboration will help to further solidify KPMG’s expertise in forensic investigations and cryptoassets and blockchain technology.”

The KPMG Canada and Chainalysis Approach
As the digital assets ecosystem expands, so does the threat of fraud and criminal activities. The decentralized and pseudonymous nature of blockchain technology has made it an attractive

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Coinbase Takes Spotlight Following Binance’s Regulatory Woes

9 days ago

Legal experts, including Ripple lawyer John E. Deaton, share Armstrong’s optimism, speculating that Coinbase will be a significant beneficiary of Binance’s regulatory challenges.

Recent developments have thrust Coinbase Global Inc (NASDAQ: COIN) into the spotlight, positioning it as the frontrunner following regulatory challenges faced by its main rival, Binance.
The collapse of FTX had already reshaped the crypto industry, and now, with Binance capitulating to the United States Department of Justice (DoJ), Coinbase seems poised to take advantage of the shifting tides.

Coinbase’s Strategic Advantage
The turning point for Binance came with its CEO, Changpeng ‘CZ’ Zhao, officially stepping down as part of the exchange’s agreement with the DoJ. In his place, Richard Teng, former Global

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Binance CEO Tops List of 2023 Most Popular Social Media Personalities in Crypto

10 days ago

The ranking provides a measure of the credibility and perceived influence of these personalities in the eyes of the crypto community.

CoinLedger’s recent compilation of the ten most popular crypto entrepreneurs of 2023 showcases a mix of highly influential and controversial figures, with Binance CEO Changpeng ‘CZ’ Zhao securing the top spot.
Binance CEO Changpeng ‘CZ’ Zhao: Leading the Charge
The list, based on social media followings, provides a glimpse into the diverse personalities shaping the crypto landscape. Zhao emerges as the undisputed leader of the pack, securing the first position with a staggering social media following of nearly 9.1 million on platforms like X (formerly Twitter) and Instagram combined.

Claiming the second spot is Vitalik Buterin, co-founder of Ethereum,

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Crypto Market Sees Uptick on Prospects of Binance’s Resolution with DoJ

10 days ago

The potential resolution of the US criminal investigation into Binance marks a critical juncture for the crypto industry. If Binance agrees to the proposed fine, it would represent one of the largest settlements in the history of the crypto market.

The crypto market experienced a surge of cautious optimism as reports emerged regarding the possible resolution of Binance’s longstanding US criminal investigation with the United States Department of Justice (DoJ).
Binance’s Reported Settlement
According to a recent report, the Justice Department is seeking more than $4 billion to bring the investigation to a close. Talks between Binance and the department allegedly involve the possibility of Binance’s founder and CEO, Changpeng ‘CZ’ Zhao, facing US criminal charges. Despite the potential

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READYgg Partners Aptos Labs to Onboard Web2 Gamers

11 days ago

The collaboration between READYgg and Aptos Labs fosters a sense of community and collaboration within the gaming ecosystem.

The gaming industry is on the verge of a revolutionary transformation, thanks to the dynamic collaboration between READYgg with Aptos Labs to usher in millions of Web2 gamers into the realm of Web3 gaming.
READYgg and Aptos Labs to Fuel Migration from Web2 to Web3
This collaboration leverages READYgg’s extensive network and Aptos, a blockchain platform renowned for its unparalleled time-to-finality, ensuring a seamless and immersive gaming experience.

To kickstart this transformative journey, READYgg is now offering players the opportunity to be whitelisted for early access to the new releases set to launch on December 6. This step is expected to accelerate

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Crypto Exchange Bullish Led by Former NYSE President Buys 100% of CoinDesk

11 days ago

100% of Coindesk stocks were acquired by Bullish, a cryptocurrency exchange run by former NYSE President.

Just recently it has been revealed that Bullish, a crypto exchange that is led by former NYSE President Tom Farley, has bought 100% of CoinDesk stocks. It is known that it was an all-cash deal. However, financial terms remain undisclosed.
Coindesk’s Deal and Strategic Implications
Bullish plans to fuel CoinDesk’s global expansion and support the growth of its media, events, and indexing businesses. The all-cash deal underscores Bullish’s commitment to investing in CoinDesk’s exciting growth initiatives. CoinDesk will continue to operate independently within Bullish, with Kevin Worth remaining as the CEO, supported by the existing management team.

Tom Farley, CEO of Bullish,

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Singapore to Begin Wholesale CBDC Issuance Next Year

14 days ago

The MAS will collaborate with local banks during the pilot, allowing them to issue tokenized bank liabilities on blockchain technology, streamlining the clearing and settlement processes.

Singapore is gearing up for a groundbreaking move into the era of Central Bank Digital Currencies (CBDCs), with plans to pilot the live issuance and use of wholesale CBDCs in 2024.
As reported by CNBC, Ravi Menon, the Managing Director of the Monetary Authority of Singapore (MAS), announced the plans at the Singapore FinTech Festival 2023. The initiative aims to leverage the benefits of blockchain and Distributed Ledger Technology (DLT) for instantaneous and efficient cross-border payment and settlements among commercial financial institutions.

The Evolution of Wholesale CBDC
Wholesale CBDCs are

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Coinbase Commerce Revolutionizes Onchain Payments with Product Updates

14 days ago

The platform includes a Coinbase Commerce button which allows merchants to easily accept payments for goods, services, and donations.

In a groundbreaking move towards enhancing the user experience in onchain payments, Coinbase Commerce has unveiled a comprehensive set of product updates.
This development, announced in a recent blog post, is set to address the challenges posed by cryptocurrency volatility, making onchain payments more accessible and seamless for thousands of global merchants.

Coinbase’s Onchain Payment Protocol
Central to the update is the introduction of the Onchain Payment Protocol, a universal standard developed by Coinbase Global Inc (NASDAQ: COIN) to unify and simplify onchain payments. This open-source solution is poised to bring clarity, reliability, and a

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Flare and Bloxico Collaborate to Launch Blockchain Reputation Scores

14 days ago

The Flare Reputation Score, born out of the collaboration between Flare and Bloxico, stands as a testament to the commitment to transparency, trust, and community empowerment within the blockchain realm. 

Flare Network, the blockchain for data, has recently unveiled a groundbreaking partnership with Bloxico, a pioneering blockchain technology company to introduce a novel metric, the Flare Reputation Score.
The Flare Reputation Score
As highlighted in a press release shared with Coinspeaker, the Flare Reputation Score is set to redefine how participants are evaluated by combining objective on-chain data with subjective community-based measures.

This innovative scoring and voting system will empower community members to assess and rate each other based on factors such as

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Animoca Brands, AWS, and Polygon Labs Unite to Propel Web3 Development

15 days ago

The program’s primary objective is to support aspiring builders by guiding them through the entire life cycle of a Web3 startup.

Animoca Brands Corporation Ltd announced earlier today that it has formed a strategic partnership with Amazon Web Services (AWS), and Polygon Labs to support Web3 builders worldwide via the launch of the MoonRealm Express Accelerator.

We’re pleased to introduce MoonRealm Express Accelerator, a collaboration with Amazon Web Services (@awscloud and @awsstartups) & @0xPolygonLabs to support global #Web3 builders and the development of Web3 products & solutions through our flagship project @MocaverseNFT⚡ pic.twitter.com/nFG0xzH1J9

— Animoca Brands (@animocabrands) November 16, 2023

Objectives of the MoonRealm Express Accelerator
The program’s primary

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BlackRock Files for Ethereum Spot ETF with SEC

15 days ago

Per the S-1 filing submitted to the SEC, the iShares Ethereum Trust is designed to reflect the performance of the Ethereum.

BlackRock Inc (NYSE: BLK), a top investment asset management firm, has filed for a spot Ethereum Exchange Traded Fund (ETF) with the United States Securities and Exchange Commission (SEC). This comes only a week after it registered the ETF dubbed iShares Ethereum Trust with Delaware’s Division of Corporations, and almost six months after filing for Bitcoin equivalent, the iShares Bitcoin Trust.
Notably, the iShares brand is associated with all of BlackRock’s ETF products.

Ethereum Spot ETF: BlackRock Takes First Step
Per the S-1 filing submitted to the SEC, the iShares Ethereum Trust is designed to reflect the performance of the Ethereum. American

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Astrobotic Sends Dogecoin to the Moon on December 23rd

15 days ago

This milestone is not just a technological achievement, but a symbolic moment for the Dogecoin community.

In a surprising announcement that has sent ripples through the blockchain community, the Dogecoin (DOGE) team took to X today to reveal that Astrobotic Technology, an American space robotics company has planned to send a physical Dogecoin to the moon in the DHL Moonbox via ULA’s Vulcan Centaur Rocket. The rare expedition to the moon is expected to take place on December 23, 2023.

🚀Dogecoin On The Moon Update🌕

Exciting news for the Dogecoin community!🌑
Astrobotic plans to send a physical Dogecoin to the moon in the DHL Moonbox via ULA’s Vulcan Centaur Rocket on 12/23/2023. Funded by our community in 2015, this mission embodies collective effort! pic.twitter.com/QESz4ikHln

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Paxos to Issue New US Dollar-Backed Stablecoin in Singapore

15 days ago

The in-principle approval granted by the Monetary Authority of Singapore positions Paxos to offer digital payment token services, marking a significant step towards establishing a foothold in the Singaporean market.

Blockchain infrastructure firm Paxos has announced plans to issue a US dollar-backed stablecoin for its customers in Singapore.
The initiative comes after Paxos reportedly received preliminary approval from the Monetary Authority of Singapore (MAS), paving the way for the establishment of Paxos Digital Singapore Pte. Ltd. This entity will operate under the Payments Services Act (PSA) while awaiting full regulatory approval to conduct business in Singapore.

The Initial Approval and Road Ahead for Paxos
The in-principle approval granted by the Monetary Authority of

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JPMorgan and Apollo Pioneer Blockchain Tokenization in Asset Management

16 days ago

The move by JPMorgan and Apollo comes at a time when various traditional finance institutions are increasingly expressing interest in blockchain technology.

In a groundbreaking move, traditional finance titans JPMorgan Chase & Co (NYSE: JPM) and Apollo Global Management Ord Shs (NYSE: APO) has successfully collaborated with blockchain firms to demonstrate a “proof of concept” for tokenization of funds on a blockchain platform of choice.
The collaboration, which is part of Project Guardian led by the Monetary Authority of Singapore (MAS), was unveiled at the Singapore Fintech Festival, showcasing the growing interest of traditional financial institutions in the blockchain industry.

Participants of JPMorgan and Apollo’s Blockchain Tokenization
According to reports, JPMorgan’s Onyx

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Fintech Startup Fnality Raises $95M in Funding Led by Goldman and BNP Paribas

17 days ago

With the recently secured Series B funding, Fnality is poised to continue its pioneering work in the tokenization of fiat currencies backed by Central Bank cash.

Fnality, a fintech firm focused on building tokenized versions of major currencies collateralized by cash held at central banks, has successfully secured $95 million in its Series B funding round, with major financial institutions like Goldman Sachs Group Inc (NYSE: GS) and BNP Paribas SA (EPA: BNP) leading the investment.
Fnality Funding and Key Participants
The investment also had participation from key players such as DTCC, Euroclear, Nomura, and WisdomTree. Notably, several banks that previously supported Fnality’s $63 million fundraise in 2019 have also reaffirmed their commitment to the project. These institutions

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Foresight Ventures Takes Majority Stake in Crypto Media Firm The Block

17 days ago

Foresight Ventures sees the acquisition as an opportunity to establish a significant foothold in the US and contribute to The Block’s growth amidst challenges in the crypto media industry.

Singapore-based Foresight Ventures has completed the acquisition of a majority stake in The Block, a prominent crypto news and data provider. The deal, which valued the company at $70 million, marks a significant move for Foresight Ventures, an investment organization specializing in blockchain technology and crypto business.
The Block’s Acquisition Deal With Foresight
Foresight Ventures, which manages $400 million in assets, purchased approximately 80% of The Block for $60 million, which was primarily used to buy out McCaffrey’s stake. The remaining funds, totaling less than $1 million, satisfied a

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Cboe Digital Set Sight for Bitcoin and Ether Futures Trading in 2024

17 days ago

Cboe Digital’s planned launch of margin Bitcoin and Ethereum futures is set to complement its existing spot crypto market, which includes trading pairs for Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and USDC

Cboe Global Markets’ digital asset exchange recently revealed its ambitious plans to revolutionize crypto trading by launching margin futures on Bitcoin (BTC) and Ethereum (ETH) starting January 11, 2024. 
Cboe Digital to Pioneer Crypto Futures Trading
This move positions Cboe Digital as the first US-regulated crypto-native exchange and clearinghouse to facilitate both spot and leveraged derivatives trading on a unified platform. The announcement demonstrates the company’s dedication to instilling trust, transparency, and responsible innovation in the crypto spot and derivatives

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Alphabet Divest Stake in Robinhood as Crypto Trading Faces Headwinds

18 days ago

Alphabet’s decision to completely divest from Robinhood raises questions about the tech giant’s confidence in the long-term viability of the once-burgeoning fintech darling.

In a recent development, Alphabet Inc (NASDAQ: GOOGL), the parent company of Google, announced the dissolution of its stake in the trading app operator, Robinhood Markets Inc (NASDAQ: HOOD). This decision follows Alphabet’s earlier reduction of its stake in the company by nearly 90%, leaving it with approximately 612,214 Robinhood shares.
Alphabet’s Investment Journey with Robinhood
Alphabet’s initial foray into Robinhood dates back to the early days of the trading app when it was still an unlisted startup.

At that time, Robinhood was making waves in the financial world, attracting retail traders with its

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THORChain Now 3rd Largest DEX as Trading Volume Hits $1.32B

18 days ago

Erik Voorhees, a prominent Bitcoin advocate, highlighted THORChain’s significance by noting that it processed almost 2%, equivalent to $224 million, of the overall spot Bitcoin trading volume between November 11 and 12.

In a recent development, THORChain has emerged as a powerhouse in the Decentralized Finance (DeFi) ecosystem, claiming the title of the third-largest Decentralized Exchange (DEX) by trading volume. Over the last week, THORChain recorded an impressive $1.32 billion in trading volume, positioning itself just behind Uniswap and PancakeSwap, according to data from DefiLlama.
RUNE Token and Trading Surge
The driving force behind THORChain’s recent ascent is its native token, RUNE. In the last week alone, the value of RUNE surged by 51%, and over the past 30 days, it witnessed

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