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A Mass Exodus of Traders Heads to Bitunix as KOLs Form Strategic Alliances with the Exchange

[PRESS RELEASE – Dubai, United Arab Emirates, September 23rd, 2024] A migration toward Bitunix has become a growing trend as prominent industry traders (the so-called KOLs) and their followers are increasingly demanding platforms that offer simplified, secure, and flexible trading experiences with higher profit potential. Bitunix, a trailblazer in the rapidly evolving crypto derivatives market, has quickly become the traders’ choice. In a highly competitive space where...

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Coinbase Chief Legal Officer Clarifies cbBTC User Agreement Concerns

Paul Grewal has addressed recent concerns regarding the terms of service for Coinbase’s newly launched cbBTC, a wrapped Bitcoin product. The concerns arose after claims suggested that the exchange would not fully reimburse users for Bitcoin lost due to malicious activity or unforeseen events. Limited Liability Concerns The issue was first raised by an X user who highlighted what they believed to be a problematic part of the cbBTC user agreement. The individual argued that...

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Solana-Based $MATRIX Token Goes Live, Powering Decentralized Human-like AI Characters

[PRESS RELEASE – Road Town, British Virgin Islands, September 23rd, 2024] The token is now available on CEXs Gate.io and MEXC, and DEX Jupiter. Matrix One, The decentralized protocol accelerating the development of human-like AI characters, is pleased to announce the successful launch of its native token, $MATRIX. The $MATRIX token, which went live on September 17 is now available for trading on leading cryptocurrency exchanges Gate.io, MEXC, and Jupiter, following sold-out...

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Jupiter Acquires SolanaFM to Boost Solana’s Data and Infrastructure Capabilities

Solana’s biggest decentralized trading platform, Jupiter Exchange, has taken over SolanaFM, a leading Solana blockchain explorer. The parties have described the move as a way to speed up development in their data and infrastructure capabilities in order to improve their functionalities for the Solana community. Optimism About the Acquisition In an X post published on September 20, the crypto exchange, which boasts over $300 billion in trading volume, expressed excitement...

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Bank of Canada Halts Digital Dollar Project Amid Global Surge in CBDC Development

Canada has reportedly paused its Central Bank Digital Currency (CBDC) project, which started in 2017. According to a September 18 CBC news story, following years of research into the potential for a digital version of the Canadian dollar, the local central bank has decided to move away from the initiative. Bank of Canada Rethinks Digital Currency Plan The CBDC project was started in response to rapid digitalization and changing payment habits among Canadians. In 2022, the...

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