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NiceHash Relocates to Switzerland, Boosting Crypto Mining Operations and Compliance

The leading cryptocurrency mining platform, NiceHash, has announced that it is moving its operations from the British Virgin Islands to Zug, Switzerland. The transition, which started in November, should be finished by the middle of December. Along with ensuring compliance with the Markets in Crypto-Assets Regulation (MiCA) of the European Union and

December 18, 2024 3 mins read

Flare Launches FXRP on Songbird Following Successful Open Beta Testing

The blockchain for data, Flare, has officially introduced FXRP (tokenized XRP) on its canary network Songbird. This significant event signifies the next stage in the implementation of Flare Labs’ FAssets protocol, which is intended to allow non-smart contract cryptocurrencies like DOGE, BTC, and XRP to interact with DeFi apps. The FAssets system

December 18, 2024 3 mins read

Metaplanet Expects First Profit in Seven Years with Bitcoin Strategy

Japanese investment firm Metaplanet expects to achieve its first consolidated operating profit since 2017. The Tokyo-based firm projects ¥890 million ($5.8 million) in revenue for the fiscal year ending December 31, 2024. This marks a 240% increase from the ¥261 million reported last year. Operating profit is anticipated to reach

December 18, 2024 2 mins read

MEV Bridge Introduces Revolutionary Blockchain Ecosystem To Address Industry Challenges and Pioneer Decentralized Innovation (Mev Flash & Mbridge28)

The Future of Blockchain: Interoperability, Scalability, and Usability Revolutionizing Decentralized Finance: MEV FLASH by MEV Bridge In a groundbreaking move set to redefine the blockchain and cryptocurrency landscape, MEV Bridge, a Dubai-based leader in blockchain innovation, proudly unveils MEV FLASH—a revolutionary financial tool designed to bridge the gap between decentralized

December 18, 2024 7 mins read

Synthetix Exchange Restarts, Launching Multi-Collateral Perpetuals on Base

Following two acquisitions, Synthetix announced its relaunch today with multi-collateral perpetuals on the Base network. The Synthetix reboot comes with the launch of a new website, relaunch of its exchange platform, and Synthetix Leveraged Tokens, along with perpetuals on Base. While the ongoing crypto bull run contributes to the success

December 18, 2024 2 mins read
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