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The Unraveling of SafeMoon: Cryptocurrency Scandal Causes Tremors in the Market

SafeMoon, once touted as a promising cryptocurrency venture, now finds itself embroiled in a scandal of monumental proportions. Recent charges of fraudulent activities and money laundering against its founder and top executives have rattled the crypto community, raising concerns about …
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Bitcoin Mining Difficulty and Hashrate Hit All-Time Highs: Will the Price Follow?

The Bitcoin mining landscape has witnessed remarkable growth in recent times, as both the hashrate and difficulty levels have surged to new all-time highs. This comes as the BTC rally gains momentum, prompting speculation about whether this upward trend will …
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Shiba Inu’s Burn Rate Declines: Assessing Community Engagement

Shiba Inu, the popular meme-based cryptocurrency, recorded a significant decrease in its burn rate during the month of October. Shibburn, the official record-keeping platform, revealed that the community burned approximately 1.46 billion SHIB tokens in October, marking a decline in …
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Hong Kong Web3 Plans To Continue Despite JPEX Scandal

The recent JPEX scandal has left a mark on Hong Kong’s cryptocurrency industry, raising concerns about the future of web3 and digital assets in the region. Nonetheless, a recent speech by Christopher Hui, Hong Kong’s Financial Services and Treasury Secretary …
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The Trial of Former FTX CEO Sam Bankman-Fried Nears Its Verdict

The trial of Sam Bankman-Fried, the former CEO of the now-defunct crypto exchange FTX, has reached a critical point as the fate of the defendant hangs in the balance. With potential sentences totaling up to 110 years if found guilty, …
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Oyster Protocol Founder Sentenced to Prison for Tax Evasion and Illegal Token Activities

In recent developments, the founder of Oyster Protocol, Amir Bruno Elmaani, also known as Bruno Block, has been sentenced to four years in prison for tax evasion. Elmaani pleaded guilty to the charges brought against him, which included offering unregistered …

