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X Plans to Expand Paid Subscription for All New Users to Combat Bot Issues

X Plans to Expand Paid Subscription for All New Users to Combat Bot Issues

Social media platform X, formerly known as Twitter, is likely to introduce a paid annual subscription for all new users. This strategy, confirmed by owner Elon Musk, aims to effectively tackle the platform's persistent bot problem. Historically, a similar subscription model was implemented for users in New Zealand and the

EigenLayer Announces Mainnet Launch and Introduction of EigenDA: A Pioneering Move Towards Enhancing Blockchain Functionality

EigenLayer Announces Mainnet Launch and Introduction of EigenDA: A Pioneering Move Towards Enhancing Blockchain Functionality

In a groundbreaking development that marks a significant milestone in the blockchain industry, the EigenLayer project team has proudly announced the launch of its mainnet. This pivotal move is accompanied by the unveiling of a novel feature set designed specifically for restakers and operators, signaling a new era of functionality

SEC Delays Decision on Grayscale and Bitwise Bitcoin Options-Based ETF Applications, Sets New Deadline for May 29

SEC Delays Decision on Grayscale and Bitwise Bitcoin Options-Based ETF Applications, Sets New Deadline for May 29

The United States Securities and Exchange Commission (SEC) has postponed its decision on the applications by Grayscale Investments and Bitwise for the launch of Exchange-Traded Funds (ETFs) based on bitcoin options. This delay marks a significant moment in the ongoing debate around the regulation and acceptance of cryptocurrency-related financial products

FTX Sells Up to 30 Million SOL Tokens at $64 Each, Marking a Significant Discount from Current Market Price

FTX Sells Up to 30 Million SOL Tokens at $64 Each, Marking a Significant Discount from Current Market Price

In a move that has captured the attention of cryptocurrency enthusiasts worldwide, FTX, a major player in the digital asset exchange arena, has reportedly offloaded between 25 million to 30 million Solana (SOL) tokens. The sale, executed at a price of $64 per SOL, represents a significant discount from the

Google Integrates Crypto Wallet Tracking and Balance Viewing into Its Search Engine

Google Integrates Crypto Wallet Tracking and Balance Viewing into Its Search Engine

Google Corporation has recently enhanced its search service by integrating a new feature that enables users to track cryptocurrency wallets by their addresses and view their balances. This service covers a range of popular networks including Bitcoin, Arbitrum, Optimism, Polygon, Avalanche, and Fantom. When a wallet address is entered into

"KuCoin Faces $882 Million Withdrawal Amid US DOJ Accusations"

"KuCoin Faces $882 Million Withdrawal Amid US DOJ Accusations"

In a significant financial shift, the KuCoin exchange has experienced a substantial capital outflow following accusations by US authorities. The exchange is under scrutiny for alleged unregistered operations, violations of the Bank Secrecy Act, and facilitating money laundering. According to Nansen, a data analytics portal, this turbulence has led to

Legal Battle Intensifies: Sam Bankman-Fried's Defense Challenges 50-Year Sentence Proposal

Legal Battle Intensifies: Sam Bankman-Fried's Defense Challenges 50-Year Sentence Proposal

In a recent development that has captivated the financial and legal sectors alike, the defense team for Sam Bankman-Fried (SBF), the embattled founder of FTX, has vociferously objected to the U.S. prosecutors' recommendation for a 50-year prison sentence. This stance was taken in response to the U.S. prosecution's

"The Memecoin Misadventure: A $152,000 Lesson in Crypto Volatility"

"The Memecoin Misadventure: A $152,000 Lesson in Crypto Volatility"

In an astonishing turn of events, an anonymous trader's foray into the volatile world of memecoins ended in a staggering loss of $152,000 over just three days. The financial debacle unfolded on the blockchain, with Lookonchain reporting the rapid descent from a substantial investment to a significant deficit. The

"Kamino Finance Announces Upcoming KMNO Airdrop Event in April"

"Kamino Finance Announces Upcoming KMNO Airdrop Event in April"

Kamino Finance, a notable DeFi protocol built on the Solana network, has officially declared its plans to conduct an airdrop event for its KMNO token in April 2024. This eagerly awaited event will follow a crucial snapshot scheduled for March 31, during which the participating team will earmark a substantial

Binance Faces Potential $10 Billion Fine in Nigeria Amid Accusations of Operating Without a License and Currency Manipulation

Binance Faces Potential $10 Billion Fine in Nigeria Amid Accusations of Operating Without a License and Currency Manipulation

In a significant development that has caught the attention of both financial and cryptocurrency markets worldwide, Binance, the global cryptocurrency exchange, is currently under investigation by Nigerian authorities. The investigation stems from accusations that the exchange has been operating without the requisite license and has been instrumental in the depreciation