Month: August 2024

Telegram-Linked TON Blockchain Suffers Second Outage

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Crypto Exchange Abra Settles With SEC Over Unregistered Securities Allegations

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The crypto exchange Abra has settled with the U.S. Securities and Exchange Commission (SEC) for a yet-to-be-determined amount over charges stemming from alleged unregistered investment offerings. The SEC specifically accused Abra’s parent company, Plutus Lending LLC, of failing to register its retail crypto asset lending product, Abra Earn. Abra settled the SEC’s charges without admitting or denying the allegations. The exchange began offering Abra Earn in 2020, allowing users to tender their crypto to earn an interest rate. The product secured approximately $600 million worth of assets at its height,…

Expert Shares Timeline For Expected Surge, Here’s When

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My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…

Bitcoin L2 network Mezo launches yield token stBTC

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Mezo, a Bitcoin layer-2 network aiming to expand the decentralized finance (DeFi) market on the flagship blockchain, has launched its liquid-staked Bitcoin token, stBTC. The introduction of stBTC brings Bitcoin (BTC) yield to Mezo, the Pantera-backed project announced on Aug. 28. StBTC is a token backed 1:1 with tBTC, the Bitcoin bridge token powered by The Threshold Network. According to Mezo, users can now mint stBTC against their Wrapped Bitcoin (WBTC) and tBTC, a Bitcoin-backed token that allows holders to participate in Ethereum (ETH) DeFi applications. Expanding BitcoinFi Mezo claims…

Proof of Play Adds ‘Boss’ as 2nd Arbitrum Orbit Chain, Lombard Launches LBTC

Lombard has publicly launched LBTC, a “cross-chain, yield-bearing Bitcoin token designed for DeFi use.” According to the team: “The launch follows a successful private beta that attracted more than $165 million in deposits from over 600 institutional allocators. LBTC allows users to stake Bitcoin through Babylon and utilize it across various DeFi protocols. Initial integrations include major DeFi protocols such as Symbiotic, Morpho, Pendle, Corn, Gauntlet, Derive, EtherFi and Gearbox.” Source

Market Correction or Long-Term Trend? Investors Choose Mpeppe To Secure Big Profits

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Dogecoin (DOGE), once celebrated for its meteoric rise and community-driven success, is currently experiencing a significant price dip. This downturn has led to intense speculation about whether it signifies a mere market correction or hints at a deeper, long-term trend. Market corrections are common in the volatile crypto landscape, often driven by shifting investor sentiment or external economic factors. Understanding these dynamics is crucial for investors assessing the future of Dogecoin (DOGE). Mpeppe (MPEPE): Why It’s Gaining Traction In the midst of Dogecoin (DOGE)’s fluctuations, Mpeppe (MPEPE) has emerged as…

Race To 100X Gains, MPEPE & PlayDoge Added To Top Investment Watchlists

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In the rapidly evolving world of cryptocurrency, finding projects with the potential for exponential gains is akin to striking gold. Among the tokens capturing investor attention are PlayDoge (PLAY) and Mpeppe (MPEPE), both of which are being closely watched for their potential to deliver 100X returns. Let’s explore what makes these two tokens the latest additions to top investment watchlists and why they might be the next big opportunities in the crypto space. PlayDoge: Combining Play with Earnings PlayDoge (PLAY) has quickly become a sensation, particularly in the play-to-earn (P2E)…

The Impact of Telegram CEO’s Arrest on TON Blockchain

TON OF TROUBLE. With Telegram CEO Pavel Durov set to appear in a French court on Wednesday, blockchain analysts are weighing the possible impact on the closely affiliated TON blockchain, officially called The Open Network. Alex Thorn, Galaxy Digital’s head of research, reminded investors in a report that the value of the TON blockchain and its native token, toncoin (TON), are “substantially dependent” on the project’s integration with Telegram. The TON price tumbled after the news that Durov was arrested on Saturday – detained as part of an investigation into…

Crypto Investors Pile Into Pepecoin and Mpeppe (MPEPE) as the Bull Run Approaches

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As the cryptocurrency market braces for an anticipated bull run, investors are flocking to promising coins with strong potential for substantial gains. Among the notable contenders are Pepecoin (PEPE) and the rapidly rising Mpeppe (MPEPE). Both of these memecoins have captured the attention of savvy investors who are positioning themselves to capitalize on the upcoming market surge. Pepecoin (PEPE): The Established Player Pepecoin (PEPE), a well-known memecoin that has made waves in the digital asset space, continues to be a favorite among investors. With its roots deeply embedded in internet…

$3.5M Internet Computer Investor Purchases Solana (SOL) & MPEPE

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Strategic investments by major crypto players can signal significant market movements and opportunities for savvy traders. Recently, a notable Internet Computer (ICP) investor made headlines with a substantial $3.5 million investment in Solana (SOL) and Mpeppe (MPEPE), highlighting these two assets as key contenders in the crypto space. This move underscores the growing interest in Solana (SOL) as it rebounds from recent market challenges and the rising potential of Mpeppe (MPEPE), a new player in the meme coin arena. Solana’s Path to Recovery: A Strategic Investment Solana (SOL) has been…