NymVPN introduces revolutionary decentralized VPN in response to privacy crackdown

In the midst of intensifying efforts to curb privacy violations, NYM VPN has unveiled a groundbreaking fully decentralized VPN service. This innovative solution comes at a crucial time when online privacy is under siege, as governments and corporations ramp up surveillance and data collection activities. By leveraging blockchain technology, NYM VPN ensures that user data [...]

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Senate Banking Committee Holds Hearing on Recent Bank Collapses, Calls for Tougher Regulations

On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the recent bank collapses in the United States and the regulatory response. Throughout the testimonies, digital assets and crypto businesses were mentioned. Senate Banking Committee chairman Sherrod Brown claimed on Tuesday [...]

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Auradine Unveils Teraflux, New Line of US-Crafted Bitcoin Mining Rigs Providing Up to 270 TH/s

According to a press release published July 25, 2023, Auradine, a new competitor in the blockchain infrastructure sector, is entering the application-specific integrated circuit (ASIC) bitcoin mining industry with a line of bitcoin mining rigs known as the Teraflux series. Auradine’s new machines boast hashrates between 185 terahash per second (TH/s) and 270 TH/s. Auradine [...]

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Report: Silicon Valley Bank Under FDIC Auction as Calls for Bailout Grow

The U.S. Federal Deposit Insurance Corporation (FDIC) began an auction process for Silicon Valley Bank (SVB) late Saturday night, according to reports. Final bids are due by Sunday afternoon. Unnamed sources indicate that the FDIC is seeking to close the deal promptly after California regulators closed the bank and placed it into FDIC receivership on [...]

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Genesis and DCG seek path for the recovery of assets amid liquidity issues

Gemini co-founder Cameron Winklevoss says that global investment bank Houlihan Lokey is working to resolve liquidity issues at the exchange.

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XRP Rallies as Ripple Submits Response to Claims by Ex-SEC Director Hinman

The price of Ripple's XRP plummeted as hard as 27% as the Terra ecosystem crash plunged the entire crypto market into the red sea.

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Ruby on Rails Creator Capitulates on Bitcoin After Seeing Canadian Government’s Response to Freedom Convoy – Featured Bitcoin News

The creator of Ruby on Rails says the situation in Canada is “terrifying” and “a real wakeup call.” He admits that he was wrong about bitcoin and cryptocurrency. “A few months ago, I would not have found it credible if you said a three-week peaceful protest in Canada could have led to martial law, frozen […]

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SafeMoon CEO Urges Acceleration of Trial in Response to Trump SECs New Policies

Cryptocurrency project SafeMoon has recently announced changes in its leadership team, with Braden Karony being appointed as the new Chief Policy Officer. This move comes as SafeMoon aims to navigate regulatory challenges and establish itself as a legitimate player in the cryptocurrency space. Karony’s appointment signals SafeMoon’s commitment to compliance and transparency in the face [...]

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CZ Criticizes Response to Secure Post-Mortem Update

Safe Releases Post-Mortem Update, CZ Criticizes Response After a recent incident, Safe has released a post-mortem update to address the community and provide insight into the situation. The update comes as a response to concerns raised regarding the security of the platform. In a statement, Safe highlighted the steps taken to mitigate the issue and [...]

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Solanas Short-Term Price Surges in Response to Memecoin Controversies

Solana Shorts Surge Amid Memecoin Controversies The Solana community was sent into a frenzy as memecoin scandals rocked the market, leading to a significant increase in short positions on the Solana blockchain. This sudden surge in short interest highlighted the impact of these controversies on the popular cryptocurrency platform. Investors and traders on Solana were [...]

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Sui Network Outage Resolved Swiftly Following Validator Collaboration

Sui Network experienced a brief outage due to a bug in congestion control. Swift action by engineers and validators restored operations within minutes, highlighting effective incident response. (Read More)

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US Inflation Climbs to 3.2% in July, Stoking Concerns and Dividing Market Opinions

The most recent data from the Bureau of Labor Statistics reveals a growingly intricate inflationary scenario for the U.S. economy. Disclosed on Thursday, the Consumer Price Index for All Urban Consumers (CPI-U) exhibited a 3.2% annual increase in July, primarily propelled by housing expenses. This monthly surge aligns with June’s 0.2% escalation, where food costs [...]

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‘Big Short’ Investor Michael Burry Says He Was Wrong to Advise Selling; Congratulates ‘BTFD Generation’

Famed “Big Short” investor Michael Burry tweeted Thursday, telling his 1.4 million followers, “I was wrong to say sell.” The tweet follows Burry’s warning for months that the U.S. was headed for an “extended multi-year recession” and his decision to dump all of his stocks but one in August 2022. Burry: ‘I Was Wrong to [...]

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