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Mantra to Burn $160M OM Tokens, 50% From DAO’s Founder, Following 90% Price Crash

Mantra, the real-world asset tokenization platform whose OM token crashed earlier this month, is pushing…

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WazirX to Get Day in Court Next Month, With Payouts After 10 Days If Recovery Plan is Approved

WazirX, the crypto exchange hit hard by a $234.9 million hack last year, says it’s…

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Bitcoin Pops Above $88K Amid Yen Strength; ETH, ADA, XRP See Declines

Bitcoin (BTC) held steady above $88,000 early Tuesday as the Japanese yen crossed the psychological…

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BlackRock Expands Digital Asset Team, Adds Four High-Level Roles

BlackRock is looking to add more people to its digital asset team as the industry grows in popularity among Wall Street firms. Since the inauguration of U.S. President Donald Trump, big names in finance have taken several steps to expand their ...

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Unicoin CEO: Why Are We Still Under the SEC’s Gun?

WASHINGTON, D.C. — Unicoin CEO Alex Konanykhin said he's asked the U.S. Securities and Exchange Commission to pull its investigation against the crypto operation and hasn't yet received a response. Unicoin represented a final shot against the ...

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U.S. House Stablecoin Bill Goes Live in Flurry of Crypto Activity on Capitol Hill

The U.S. Congress' opening priority for the crypto industry is to quickly finish a stablecoin oversight bill, and the House of Representatives has released the text of its version on Wednesday, following in the heels of a recent committee approval of ...

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The Protocol: Ethereum’s Final Pectra Test Goes Live

Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Ben Schiller. In this issue: Ethereum’s Final Pectra Test Goes LiveHyperliquid Eases Token Transfers for DeFiCelo Migration to ...

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Sen. Gillibrand Warns Against a ‘Watered-Down’ Stablecoin Bill

U.S. Senator Kirsten Gillibrand (D-N.Y.), one of the leading Democrats supporting crypto legislation, warned the industry against pushing for a “watered-down” version of the long-awaited stablecoin legislation currently moving through the Senate ...

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Wyoming State Gears Towards Launching a Stablecoin This Year

Wyoming state is making steps towards launching a stablecoin later this year, which could be the first fiat-backed and fully reserved token issued by a public entity in the U.S., state officials said at the DC Blockchain Summit on Wednesday. The ...

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GameStop Raising $1.3B of Convertible Debt for Bitcoin Purchases

Just 24 hours after adding its name to the roster of companies pursuing a bitcoin (BTC) treasury strategy, GameStop (GME) — led by its CEO Ryan Cohen — is also adding its name to those firms issuing convertible debt to raise funds for BTC acquisition ...

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GameStop Bitcoin Pivot Spurs Social Media Chatter as Stock Soars 16%

Shares of GameStop (GME) traded 16% higher on Wednesday after the company announced that it would start buying bitcoin (BTC) to add to its balance sheet. The gaming retailer reported holding $4.8 billion in cash during its fourth-quarter earnings on ...

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HyperLiquid Delists JELLY After Vault Squeezed in $13M Tussle

whichHyperliquidity Provider (HLP), a market making vault that is a part of derivatives exchange HyperLiquid, faced a grueling loss after a trader allegedly manipulated the price of the JELLY token. HyperLiquid's native token (HYPE) fell by 20 ...

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U.S. Senate’s Banking Chair Pushes Debanking Bill After Crypto Uproar

Senator Tim Scott, the chief of the banking committee, is backing a bill to stop U.S. regulators from citing "reputational risk" as a reason to block clients.

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