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Tag Archives: Polygon

Retail Powerhouse 7-Eleven Launches NFTs on Polygon Network to Celebrate Slurpee Day

CoinspeakerRetail Powerhouse 7-Eleven Launches NFTs on Polygon Network to Celebrate Slurpee Day While the Slurpee NFT creation process is exclusive to mobile devices, collectors can provide their name, email address, and telephone number to customize their NFTs. Retail Powerhouse 7-Eleven Launches NFTs on Polygon Network to Celebrate Slurpee Day

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Polygon Labs Launches Copilot AI Assistant with Help from OpenAI’s ChatGPT

Polygon has joined Solana and Etherscan and launched an AI assistant, Copilot, that integrates ChatGPT and offers users varying functions. Ethereum scaling platform Polygon has joined the artificial intelligence (AI) race and launched an AI assistant called Polygon Copilot. The Copilot’s interface integrates GPT 4 from OpenAI to offer users an easy way to interact with the product using easy language. An official release states that Polygon Copilot helps to level the playing field for new...

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Bitcoin (BTC) Dominance Surges Past 50% amid Crackdown on Altcoins

The market capitalization of the flagship cryptocurrency recently hit levels greater than that of all other cryptocurrencies combined. Bitcoin (BTC) has had some difficult runs recently, but maybe its market dominance was never in doubt. This follows after the market capitalization of the flagship cryptocurrency recently hit levels greater than that of all other cryptocurrencies combined. According to TradingView data, Bitcoin dominance surpassed 50% on Monday, in what was its first...

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Bitcoin Price Stabilizes in $26K Range Following Recent Regulatory-Induced Volatility

The price of Bitcoin is now experiencing some stability after heavy volatility following last week’s events in the crypto sector. The price of Bitcoin (BTC) seems to have stabilized as the world’s largest cryptocurrency by market cap recovers from recent volatility. Throughout last week, Bitcoin was unstable following regulatory issues that plagued the crypto industry and caused uncertainty and doubt. According to CoinMarketCap data, Bitcoin is trading at $26,147 after climbing less...

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SEC Chair Gary Gensler Refers to Bitcoin and Ethereum as Non-Securities in Newly Revealed Video

The SEC chair previously indicated that all cryptocurrencies apart from BTC are securities. In a recently unearthed video from a 2018 crypto-themed event hosted by Bloomberg and Fidelity, Gary Gensler, the current chairman of the United States Securities and Exchange Commission (SEC), made statements that contradict his current position on digital assets regulations in the country. The video, which started circulating on Twitter on June 12, shows Gensler addressing institutional investors...

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Securities Designation: Cardano, Solana, and Algorand Plummet to New Lows

While the SEC’s designation of some cryptocurrencies as securities has shaken the market, the development companies behind these assets have strongly rejected the regulator’s characterization. The United States Securities and Exchange Commission’s (SEC) lawsuit against Binance and Coinbase has resulted in widespread volatility in the crypto market. As part of its legal actions, the regulator identified 19 new cryptocurrencies as securities. According to the SEC, “Coinbase makes these...

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Robinhood Scrutinizing Tokens Designated as Securities by SEC

Crypto market prices have tumbled significantly since the news began to make rounds. Altcoins like Solana (SOL), Cardano (ADA), Polygon (MATIC) and many other tokens face the possibility of being delisted from Robinhood Markets Inc (NASDAQ: HOOD), after the United States Securities and Exchange Commission (SEC) charged Binance and Coinbase Global inc (NASDAQ: COIN) for trading unregistered securities.  At present, Robinhood is taking another look at the digital assets offerings on its...

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Bitcoin (BTC) and Broader Crypto Market Come Crashing Down Following SEC Lawsuit on Binance

After SEC’s action on Binance, Bitcoin and the broader crypto market tanked instantly. Altcoins face heavy correction to the tune of 7-8% with Binance BNB suffering the most. The filing of the lawsuit by the US SEC against crypto giant Binance sent shockwaves across the entire cryptocurrency market on Monday, June 5. Over the last 24 hours, Bitcoin (BTC) and the broader cryptocurrency market have corrected by over 4%. As of press time, the Bitcoin (BTC) price is down by 4% and is...

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