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Matter Labs Restructures, Cuts 16% of Workforce Amid Strategy Shift

Matter Labs, a key player in the crypto industry, is restructuring, resulting in a 16% workforce reduction. The decision, made to align with evolving market demands and internal strategy shifts,…

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Yonsei University Joins Ripple’s UBRI to Advance Blockchain Research in South Korea

Yonsei University in South Korea has joined Ripple’s University Blockchain Research Initiative (UBRI), becoming the 58th global partner and the 12th in the Asia Pacific region. This partnership aims to…

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Changenow Partners With Privacy Token Zano to Expand Cryptocurrency Offerings

Changenow has announced a strategic partnership with Zano Project, integrating the $ZANO cryptocurrency into its platform. This collaboration aims to expand the variety of digital assets available for exchange on…

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Dash Launches Evolution Platform, Ushering in a New Era of Decentralized Applications

Dash has officially launched its Evolution platform, marking the biggest release in the cryptocurrency’s history. The Evolution chain is now live, producing blocks, executing data contracts, and sending files to…

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Holy Bitcoin: Paraguayan Power Company Detects Illegal Crypto Mining Operation in a Church

The National Power Administration of Paraguay (ANDE) recently detected an illegal bitcoin mining operation in an evangelical church. The church, which shared a power line with a nearby store, had…

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Markets Bet Big on a 25bps Fed Rate Cut—Low Odds for a Bigger Reduction

On Sept. 2, 2024, or roughly 16 days before the next Federal Open Market Committee (FOMC) meeting, an overwhelming majority of the market seems to be predicting the U.S. Federal…

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India’s HDFC Bank Launches New UPI and CBDC Features

HDFC Bank, a leading private sector bank in India, has introduced new features for Unified Payments Interface (UPI) and central bank digital currency (CBDC) to enhance digital banking for its…

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Plastic Surgery Fails to Help Crypto Scammer Evade Arrest After 10 Months

South Korean police arrested a man in his 40s for orchestrating a cryptocurrency scam that defrauded 158 investors of 16 billion won ($12 million). Operating from November 2021 to June…

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