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Blockchain

JPMorgan Analysts: Ethereum (ETH) Becomes Centralized with Staking Surge

The analysts stressed that centralization, whether caused by specific entities or inherent features of the protocol, presents significant risks to the Ethereum network. This In recent months, the Ethereum (ETH) staking ecosystem has witnessed significant growth following the implementation of the Merge and Shanghai upgrades, transitioning the network from proof-of-work to proof-of-stake blockchain. However, this surge in staking activities has posed challenges, as revealed in a recent...

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Kraken Boosts European Presence with Planned BCM Acquisition

In a strategic move to bolster its European expansion, cryptocurrency exchange Kraken has announced its intention to acquire Coin Meester B.V. (BCM), a Netherlands-based digital asset broker. The planned acquisition follows the recent implementation of the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework, which governs the operations of crypto exchanges in the region, including […] In a strategic move to bolster its European expansion, cryptocurrency exchange Kraken...

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Friend.Tech Targeted Again: Hacker Steals 234 ETH in Under 24 Hours

The lone scammer has managed to abscond with approximately $385,000 worth of Ether (ETH) in under 24 hours. This incident forms part of a string of SIM-swapping hacks targeting users of the popular platform Friend.Tech. Scammer Steals 234 ETH in Less Than 24 Hours Blockchain investigator ZachXBT took to X on Oct. 5 to report that an individual had successfully stolen 234 ETH in the past day alone. This was achieved by manipulating the SIM cards of four unsuspecting...

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Ripple (XRP) About to Achieve a Massive Milestone

TL;DR XRP wallets surpass 4.8 million, driven by Ripple’s recent court victories against the SEC. Ripple and its XRP token gained significant attention following a key court win in July. Despite speculation, Ripple did not announce an IPO or settlement with the SEC at their recent NYC party. Inching Towards 5 Million The total number of XRP wallets has recently surpassed 4.8 million. The latest surge of the figure comes amid another dose of enthusiasm among the Ripple...

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Explosive Ripple (XRP) Price Prediction to $27 but is it Out of Touch?

TL;DR Analyst EGRAG CRYPTO suggests XRP could reach $27 after Ripple’s legal win and its role in cross-border payments. Investors are advised to be cautious due to potential broader market downturns. Past XRP price predictions from different analysts vary widely, from $1.40 to $500. Much More Bullish After Ripple’s Second Victory The popular cryptocurrency analyst using the X (Twitter) handle EGRAG CRYPTO opined that the latest developments surrounding Ripple could act as a...

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Mehr als nur Bitcoin: Wie die Blockchain-Technologie unseren Alltag revolutioniert

In einer Welt, in der Veränderung die einzige Konstante ist, hat die Blockchain-Technologie das Potenzial, unseren Alltag nachhaltig zu revolutionieren. Doch was verbirgt sich hinter dem Begriff, dessen Urform im Jahr 1991 von Stuart Haber und W. Scott Stornetta entwickelt wurde? Mehr als nur Bitcoin, so viel steht fest. Die Blockchain ist eine digitale Revolution von epischen Ausmassen, die die Art und Weise, wie wir Geschäfte tätigen, Informationen austauschen und Vertrauen aufbauen, für...

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Amazon to Launch First Satellite Test Mission for Project Kuiper 

The company initially planned to test its internet satellites aboard ULA’s new Vulcan rocket earlier this year. However, the e-commerce giant faced an unforeseen setback when the rocket experienced an explosion. Amazon is set to take its internet satellite “Project Kuiper” on its first mission to space on Friday, October 6. In a recent announcement on Tuesday, the company said that Project Kuiper will be taking a “protoflight” mission into space with the launch of two test satellites,...

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OpenAI Rival Anthropic Taps Google and Others to Raise $2 Billion

With the massive fundraise, Anthropic will focus on making significant developments on Claude Next and increase spending to boost its AI model. A week after raising $1.25 billion from tech giant Amazon, OpenAI rival firm Anthropic has tapped Google and others to raise an additional $2 billion in fresh funding. Google had already picked up a 10% stake in Anthropic last year in 2022. Sources familiar with the matter stated that Google is planning to raise its stake further. The two-year-old...

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Hong Kong’s CMCC Global Launches $100M to Support Blockchain Startups

The launch of the VC fund in Hong Kong highlights the country’s rising role as a crypto haven. CMCC Global, a crypto-focused venture capital (VC) company, has successfully raised $100 million to offer equity investments to early-stage blockchain startups across Asia with a particular interest in Hong Kong, its home country. In an interview with the South China Morning Post, the company’s co-founder Martin Baumann said the inaugural funding round for the fund, called Titan Fund, concluded...

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TON Secures Massive Funding from MEXC to Boost Web3 on Telegram

The TON Foundation has formed a strategic partnership with MEXC, aiming to advance global Web3 accessibility and reduce entry barriers. Decentralized blockchain platform The Open Network (TON), initially designed by Telegram, has recently secured major funding from the crypto exchange MEXC. Venture Capital arm MEXC Ventures has pumped a total of 8 figures into TON, as per the announcement on Wednesday, October 4. As a result of the funding, TON Foundation has entered into a strategic...

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