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Bitget Expands Into the Middle East to Capture Crypto Market Growth
Written by Hazel J. Greene, Senior Analyst Bitget, the renowned crypto derivatives platform, has recently announced its strategic expansion plan into the Middle East region. This move aims to enhance the company’s market share and presence on a global scale. With a strong focus on advancing blockchain and cryptocurrency adoption worldwide, Bitget is considering establishing…
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Terraform Labs Requests Subpoena to obtain Evidence from FTX in Ongoing SEC Case
Written by Hazel J. Greene, Senior Analyst Terraform Labs (TFL), the developer behind the Terra blockchain, has filed a court motion seeking permission to subpoena cryptocurrency exchange FTX for relevant documents. TFL intends to use these documents to bolster its defense against an ongoing case brought by the U.S. Securities and Exchange Commission (SEC). This…
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UK Government Rejects Proposal to Regulate Crypto Retail Trading as Gambling
Written by Hazel J. Greene, Senior Analyst The UK government has dismissed a recommendation by the House of Commons Treasury Committee to regulate crypto retail trading akin to gambling. Instead, the government intends to regulate digital assets within the framework of financial services, citing potential conflicts with European Union and global regulators if crypto investment…
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The FTX Crypto Queen’s Secret Diary: Insights into the Criminal Trial of Sam Bankman-Fried
Written by Hazel J. Greene, Senior Analyst In a recent report by The New York Times, it has come to light that Caroline Ellison, the 27-year-old CEO of crypto hedge fund Alameda Research, may hold significant relevance as a key witness in the upcoming criminal trial of Sam Bankman-Fried, the founder of cryptocurrency exchange FTX.…
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Solana Bridges the Gap: Introducing Solang Compiler to Enhance Ethereum Compatibility
Written by Hazel J. Greene, Senior Analyst Solana, a leading blockchain platform, has recently unveiled its latest addition, the Solang compiler. This powerful tool is designed to streamline the integration of Ethereum developers into the Solana ecosystem, allowing for the creation and deployment of smart contracts on Solana with ease and efficiency. The announcement, made…
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Polygon Surpasses Ethereum and Solana with Over 405,000 Daily Active Users
Written by Hazel J. Greene, Senior Analyst Polygon has experienced a remarkable surge in growth, outpacing both Layer 1 and Layer 2 blockchains. This tremendous growth has propelled the daily active user count on Polygon’s Layer 2 blockchain to surpass that of some of the largest Layer 1 blockchains in the world. The increasing popularity…
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