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Crystal Intelligence Report Reveals $19 Billion Lost in Crypto Crimes Over 13 Years

In a comprehensive new report, Crystal Intelligence, a blockchain analytics firm, details a significant $19 billion in losses due to cryptocurrency crimes over the past thirteen years. The study covers…

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Polygon Unveils $1 Billion Grant Program to Foster Blockchain Development Over Next Decade

Polygon has announced a $1 billion Community Grants Program, set to roll out over the next ten years, aimed at supporting developers on its platform. This initiative promises to allocate…

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Nigerian Minister: Binance Fails to Pay Taxes on Over $20 Billion Turnover

In 2023, Binance generated revenues exceeding $20 billion in Nigeria; however, the company has not paid taxes, a government minister disclosed. The Nigerian official also seemed to refute U.S. lawmakers’…

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The Memecoin Frenzy Has Ignited a Scalability Arms Race

Following a spell of TradFi breakthroughs, all-time highs, and intense optimism in the crypto industry, selling pressure across most major cryptocurrencies are slowly beginning to ease, with trading volumes submitting…

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Hoskinson Laments the Disconnect Between Public Perception of Cardano and Its Fundamentals

The Cardano blockchain co-founder, Charles Hoskinson, has expressed frustration over what he perceives as a disconnect between the public perception of Cardano—shaped by influencers and media—and the project’s actual progress…

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Allegations of ‘Rug Pull’ Arise After Gemholic Team Withdraws $3.5M in Previously Locked ETH

On June 7, the team behind the Zksync project Gemholic withdrew 921 previously locked ethereum tokens in a suspected rug-pulling incident. The Gemholic team executed the theft despite reportedly completing…

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Rising NFT Sales Highlight Market Recovery: $133M in Weekly Sales Recorded

During the week of June 1-8, 2024, non-fungible token (NFT) sales experienced an increase compared to the previous week. NFT sales reached $133.19 million, a rise of 7.51%. NFT Market…

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