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Polyhedra Network Adopts New Token Ticker ZKJ Following Accusations Against zkSync

Polyhedra Network Adopts New Token Ticker ZKJ Following Accusations Against zkSync

Polyhedra Network, a prominent Web3 infrastructure provider, has announced a change in its token ticker to ZKJ from the previously used ZK. This decision comes amidst a contentious dispute with zkSync over the use of the ZK ticker. The change was reported by The Block, which cited an official statement

U.S. Court Dismisses DEBT Box Case, Orders SEC to Pay $1.8 Million in Penalties

U.S. Court Dismisses DEBT Box Case, Orders SEC to Pay $1.8 Million in Penalties

In a significant legal development, the U.S. District Court for Utah has officially closed the case against the cryptocurrency firm DEBT Box, marking a notable setback for the Securities and Exchange Commission (SEC). On May 28, 2024, Federal Judge Robert Shelby dismissed the SEC's lawsuit against DEBT Box and

Donald Trump Explores Using Bitcoin to Address the U.S.'s $34.7 Trillion National Debt

Donald Trump Explores Using Bitcoin to Address the U.S.'s $34.7 Trillion National Debt

Former U.S. President Donald Trump has shown interest in an unconventional method to manage the country's soaring national debt, which currently stands at $34.7 trillion. During a recent online event called the Orange Party hosted on the social media platform X (formerly known as Twitter), Trump queried the

Trader Turns $2,700 into $1.24 Million with Shiba Inu Meme Coin Investment, Achieving a 419-Fold Increase

Trader Turns $2,700 into $1.24 Million with Shiba Inu Meme Coin Investment, Achieving a 419-Fold Increase

In a remarkable display of cryptocurrency acumen, an unknown trader managed to transform a modest investment of about $2,700 into a staggering $1.24 million, all thanks to the meme coin Shiba Inu (SHIB). This astounding success story, reported by the analytics company Lookonchain, showcases a 419-fold increase in

Crypto Whale Falls Victim to Phishing Attack Again, Losing Nearly $7 Million

Crypto Whale Falls Victim to Phishing Attack Again, Losing Nearly $7 Million

In a startling repeat of financial misfortune, a crypto whale known for previously falling prey to phishing scams has once again suffered a staggering loss of nearly $7 million due to a sophisticated phishing attack. On-chain analysts reported that this unfortunate incident unfolded on May 26, 2024, stripping the trader

MetaMask Team Works on Integrating Bitcoin Network: Potential Access Expected in June 2024

MetaMask Team Works on Integrating Bitcoin Network: Potential Access Expected in June 2024

MetaMask, a widely recognized cryptocurrency wallet primarily associated with the Ethereum network, is reportedly expanding its capabilities to include the Bitcoin network. According to a recent report from CoinDesk, citing insider sources, the development team at ConsenSys, the company behind MetaMask, is actively working towards this integration. The anticipated access

Circle Launches Bold "Money Is Now Open" Campaign to Revolutionize Financial Transparency with USDC Stablecoin

Circle Launches Bold "Money Is Now Open" Campaign to Revolutionize Financial Transparency with USDC Stablecoin

Circle, the issuer of the prominent USDC stablecoin, has recently unveiled its dynamic new advertising campaign titled "Money Is Now Open". This initiative seeks to showcase how the advent of the open internet has dramatically reshaped various facets of human life and asserts that despite these advancements, the financial sector

Coinbase Derivatives to Launch Futures Trading for Oil and Gold Starting June 3

Coinbase Derivatives to Launch Futures Trading for Oil and Gold Starting June 3

Coinbase Derivatives, a prominent player in the derivatives market, has announced an expansion of its product offerings to include futures on commodities like oil and gold. This move will complement the existing cryptocurrency derivatives already available on the platform. The new trading positions are set to begin on June 3,

Venezuela Bans Cryptocurrency Mining to Protect Its Power Grid

Venezuela Bans Cryptocurrency Mining to Protect Its Power Grid

In a bold move to stabilize its national energy supply, Venezuela has officially imposed a ban on cryptocurrency mining across the country. According to government officials, this initiative aims to address the unreliable power supply that has plagued the nation for the past decade. Local law enforcement has already seized

Magic Square Launches New Launchpad Platform to Bolster Web3 Projects with Its 4.5 Million Users and 1,400 Applications

Magic Square Launches New Launchpad Platform to Bolster Web3 Projects with Its 4.5 Million Users and 1,400 Applications

Magic Square has announced the launch of its new launchpad platform, a significant development in the Web3 sector designed to facilitate Initial DEX Offerings (IDO). This platform is strategically designed to support and accelerate the growth of Web3 projects by leveraging Magic Square's substantial user base and extensive app ecosystem.