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Crypto Exchange Binance Settles $1.75M Penalty with Brazilian SEC

The long-running regulatory dispute between Binance and the Brazilian SEC has finally been settled, and the exchange is now making excellent progress throughout Latin America. The exchange has lately been making amends with authorities in many nations, adding to its reputation for having a wide reach in the sector. The

August 15, 2024 2 mins read

Avalanche Faces 9.54 Million AVAX Token Unlock: How Will Price React?

Avalanche (AVAX) stands at a critical juncture as it approaches a major token unlock event scheduled for August 20. This impending release of 9.54 million tokens, valued at approximately $251 million, has the potential to introduce substantial volatility into AVAX’s price action. As market participants brace for this event, an

August 14, 2024 2 mins read

Avatar.One’s 3D AI Companions Empower 120K+ Users to Combat Loneliness

Decentralized protocol Matrix.One accelerating the development of human-like AI characters is proud to announce that their flagship product, Avatar.One, has over 120,000 active users every month since its launch earlier this year. Many of these users spend more than three hours chatting with their personalized AI companions. Avatar.One, which is based on

August 14, 2024 3 mins read

Ethereum Climbs 5% Despite Major Sell-Off Preparations

As the crypto market regains momentum, attention is drawn to the upcoming US election, which will have a huge impact on digital assets. Ethereum (ETH), the second-largest cryptocurrency by market cap, has climbed more than 5% in the past 24 hours, trading above the $2,750 zone. This surge comes at

August 14, 2024 2 mins read

Can Shiba Inu (SHIB) Expect a Revival Soon this Week?

The meme coin market is priced green, and several meme coins have briefly spiked from their recent lows. Among them, the dog-themed meme coin, Shiba Inu (SHIB), has seen a price recovery of 2.45% over the past 24 hours.  On the other hand, SHIB’s burn rate has been displaying a

August 14, 2024 2 mins read

BTC Miners Ramp Up Operations Hinting A Potential Market Rebound 

Bitcoin (BTC) miners are showing an optimistic approach by expanding their operations, even with Bitcoin’s price volatility. This uptick in mining activity comes after a significant miner capitulation event, which signals a potential price bottom. Bitcoin mining solves complex puzzles, validates transactions, and secures the network, with new blocks added

August 14, 2024 2 mins read

STS Digital’s Flovtec Acquisition Aims to Enhance Market Liquidity

STS Digital has announced the acquisition of Swiss market maker Flovtec, a move that underscores its commitment to enhancing liquidity solutions within the cryptocurrency space. Flovtec’s trading infrastructure and proprietary algorithms will be integrated into STS Digital’s existing platform, further strengthening its offerings.  The acquisition is set to bolster STS

August 14, 2024 2 mins read

dYdX to Revolutionize DeFi with Unlimited Market Listings

Decentralized exchange dYdX is preparing for a significant upgrade this fall, dubbed dYdX Unlimited, which promises to reshape the platform by allowing users to list an unlimited number of markets. This new feature removes the need for governance approval when listing a new market, greatly enhancing flexibility and accessibility on

August 14, 2024 2 mins read