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Ethereum Surpasses $10 Billion Revenue Milestone Outpacing Top Technology Firms

Ethereum, the world’s leading smart contract platform, has achieved an unprecedented milestone by generating over $10 billion in revenue within a record-breaking span of seven years. Notably, Ethereum achieved this remarkable growth faster than most notable technology giants, with the …
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Navigating Uncertainty: Bitcoin Miners Embrace Diversification and Hedging Strategies

As the highly anticipated Bitcoin halving approaches, Bitcoin mining operators are gearing up for potential volatility in the digital asset realm. In light of this impending event, miners are proactively exploring diversification strategies to weather the storm of uncertainty that …
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Mitsubishi UFJ Financial Group and Binance Japan Explore Development of Stablecoin for Market Expansion

According to a recent report by CoinPost, Mitsubishi UFJ Financial Group’s subsidiary, MUTB, has partnered with Binance Japan and Progmat to jointly consider the development of a new stablecoin. This collaborative effort aims to strengthen Binance’s global ecosystem and facilitate …
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Unraveling the JPEX Scandal: A Setback to Hong Kong’s Virtual Asset Ambitions

Hong Kong had set its sights on becoming a global virtual asset hub, but the recent JPEX scandal has dealt a significant blow to these aspirations. The controversy surrounding JPEX, a licensed cryptocurrency exchange that targeted retail investors, has not …
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Ethereum Transaction Fees Show Significant Decline, Reaching Yearly Low in 2023

In recent days, the average transaction fees on the Ethereum network have experienced a noticeable downturn. This decline in fees, according to data provided by on-chain analytics firm Santiment, offers insights into the current level of activity and potential market …
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Amazon Takes Stake at AI Startup, Highlighting Potential for FTX Recovery

In a move aimed at bolstering its presence in the ever-evolving field of Artificial Intelligence (AI), global tech giant Amazon has announced a significant investment of $1.25 billion in AI company Anthropic, according to a recent report by the Financial …

