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Powering the Next Generation of Gaming: XBorg Sells Out $2 Million Seed Round Community Allocation

Powering the Next Generation of Gaming: XBorg Sells Out $2 Million Seed Round Community Allocation

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Dubai, United Arab Emirates, July 13th, 2023, Chainwire XBorg, the Web3 company developing a collaborative credential infrastructure that allows players to create their digital identity and enjoy tailored user experiences within enhanced gaming applications, sold out their $2 million seed round community allocation in record time. The funds will facilitate the scaling and adoption efforts

The post Powering the Next Generation of Gaming: XBorg Sells Out $2 Million Seed Round Community Allocation appeared first on BTC Ethereum Crypto Currency Blog.

CEL price takes another hit, US SEC files lawsuit against Celsius

CEL price takes another hit, US SEC files lawsuit against Celsius

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Celsius is currently going through a Chapter 11 bankruptcy proceeding. Last week, the US CFTC found Celsius and Alex Mashinsky guilty of breaking several laws before Celsius collapsed in 2022. Alex Mashinsky has been arrested and will be arrayed in court on Friday. Celsius Network, a cryptocurrency lending company that collapsed in 2022, is the

The post CEL price takes another hit, US SEC files lawsuit against Celsius appeared first on BTC Ethereum Crypto Currency Blog.

Exclusive: Bitget’s proof of reserves sets record with a total reserve ratio of 223%

Exclusive: Bitget’s proof of reserves sets record with a total reserve ratio of 223%

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Bitget has been publishing verifiable data since December 2022. The recent proof of reserves shows USDC at a reserve ratio of 2604% The exchange’s reserve ratios have consistently exceeded 200% in the past seven months. Coinjounal can exclusively reveal that Bitget, a leading platform for copy trading and crypto derivatives, has released its monthly Proof

The post Exclusive: Bitget’s proof of reserves sets record with a total reserve ratio of 223% appeared first on BTC Ethereum Crypto Currency Blog.

Hedge Funds’ Long-Term Crypto Interest Remains Robust Even as Proportion Investing Drops: PwC

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The proportion of traditional hedge funds investing in crypto assets declined in the past 12 months though the long-term outlook remains positive, according to a new report by Big Four accounting firm PricewaterhouseCoopers (PwC).The percentage of funds with crypto exposure fell to 29% from 37% in 2022, according to the Global Crypto Hedge Fund Report.

The post Hedge Funds’ Long-Term Crypto Interest Remains Robust Even as Proportion Investing Drops: PwC appeared first on BTC Ethereum Crypto Currency Blog.

More Tokenized Treasurys Arrive on Polygon as Digital Bond Market Expands

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Ondo Finance, which already offers tokenized U.S. Treasurys on the Ethereum blockchain, expanded the product to the Polygon network.The company has issued its OUSG token, a tokenized version of BlackRock’s short-term U.S. government bond exchange-traded fund (ETF), natively on Polygon as part of a “strategic alliance,” according to a press release Thursday.The firm also plans

The post More Tokenized Treasurys Arrive on Polygon as Digital Bond Market Expands appeared first on BTC Ethereum Crypto Currency Blog.

Celsius Network’s Alex Mashinsky Arrested, Firm Sued by SEC, CFTC, FTC

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Alex Mashinksy, co-founder and former CEO of insolvent crypto lender Celsius was arrested on Thursday following an investigation into the company’s collapse, according to a U.S. Department of Justice (DOJ) indictment.Mashinsky and others are charged with seven counts including securities fraud, commodities fraud, wire fraud and conspiracy to manipulate the price of Celsius’ token CEL.The

The post Celsius Network’s Alex Mashinsky Arrested, Firm Sued by SEC, CFTC, FTC appeared first on BTC Ethereum Crypto Currency Blog.

No, Bitcoin Ordinals Do Not Inscribe Data Onto Sats

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This is an opinion editorial by Bitcoms, a Bitcoin writer.“So quick bright things come to confusion” –William Shakespeare, “A Midsummer Night’s Dream”“Inscriptions” are a way of writing pieces of arbitrary information onto the Bitcoin blockchain. “Ordinals” are a convention used for tracking individual sats and linking them to inscriptions. This article does not attempt to argue

The post No, Bitcoin Ordinals Do Not Inscribe Data Onto Sats appeared first on BTC Ethereum Crypto Currency Blog.

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