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Kronos Research Halts Operations After Losing  Million In Security Breach

Kronos Research Halts Operations After Losing $26 Million In Security Breach

[ad_1] Kronos Research, a Taipei-based market maker, trading firm, and venture capital fund, witnessed the withdrawal of significant amounts of crypto assets due to a breach of its security system.  Kronos Breach: Investigation Underway On Sunday, November 19, Kronos Research disclosed – via a post on X (formerly Twitter) – a security incident that involved […]

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Yearn Finance (YFI) price dives 45% in hours– what happened?

Yearn Finance (YFI) price dives 45% in hours– what happened?

[ad_1] Yearn Finance (YFI) price fell more than 45% to below $9k on November 18. The decline occurred amid market manipulation claims, including from the dYdX team. YFI price was around $9,260 on Sunday morning. Yearn Finance (YFI) is changing hands just above $9,260 on Sunday morning, November 19. The YFI token’s 45% slump from

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NYDFS Introduces Stricter Crypto Listing and Delisting Rules

NYDFS Introduces Stricter Crypto Listing and Delisting Rules

[ad_1] The New York State Department of Financial Services (NYDFS) has revised its guidelines on the listing and delisting of cryptocurrencies. This move aims to bolster investor protection and ensure that virtual currency businesses adhere to heightened regulatory standards. Since 2015, the NYDFS has been a pivotal regulator in the virtual currency sphere, introducing specific

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Republic chooses Avalanche blockchain for its Republic Note token

Republic chooses Avalanche blockchain for its Republic Note token

[ad_1] Republic aims to leverage Avalanche’s features for global scalability. Republic Note has already attracted over $30 million in pre-sale participation. The move could potentially help stop the current AVAX price drop. Investment platform Republic has selected Avalanche as the blockchain for its Republic Note token. The move is part of Republic’s strategic vision to

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dYdX founder claims targeted attack led to M insurance claim

dYdX founder claims targeted attack led to $9M insurance claim

[ad_1] Decentralized exchange (DEX) dYdX was forced to use its insurance fund to cover $9 million in user liquidations on Nov. 17. According to dYdX founder Antonio Juliano, the losses resulted from a “targeted attack” against the exchange.  Based on reports from the dYdX team on X (formerly Twitter), the v3 insurance fund was used

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Terraform Labs’ Do Kwon Denied Appeal in Montenegro

Terraform Labs’ Do Kwon Denied Appeal in Montenegro

[ad_1] The High Court of Montenegro has denied Terraform Labs Founder Do Kwon’s appeal, upholding his four-month prison sentence for falsifying documents. This decision intensifies Kwon’s plight as he faces potential extradition following the completion of his sentence. The decision by the court dealt a blow to Kwon’s earlier attempt to overturn the prison sentence

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Is ,000 Next? 4 Reasons Behind The Bitcoin Emerging Rally

Is $40,000 Next? 4 Reasons Behind The Bitcoin Emerging Rally

[ad_1] The Bitcoin price rally is losing strength as the cryptocurrency returns to its support levels following weeks of bullish momentum. In the short term, the landscape seems sloped to the downside, but an analyst presented the main reasons why the rally has just begun. As of this writing, Bitcoin (BTC) trades at $36,550 with

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As the Market Takes a Breather, New GameFi Contender Galaxy Fox Pumps in Presale Mode

As the Market Takes a Breather, New GameFi Contender Galaxy Fox Pumps in Presale Mode

[ad_1] After posting some scorching returns over the past month, with coins like Chainlink, Avalanche and Solana posting huge gains, the market looks like it’s starting to cool down a bit and catch its breath. RSI is showing way overbought, and prices are hovering precariously above their daily averages.  Whether the near future holds a

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Dismissal of Lawsuit Against Tether and Bitfinex Affirmed, Plaintiff Drops Appeal

Dismissal of Lawsuit Against Tether and Bitfinex Affirmed, Plaintiff Drops Appeal

[ad_1] The U.S. District Court for the Southern District of New York has finalized the dismissal of a class action lawsuit against Tether and Bitfinex. This lawsuit, initially filed by plaintiffs Shawn Dolifka and Matthew Anderson in 2021, targeted the stablecoin issuer Tether and its affiliated company Bitfinex. The primary allegation centered on the claim

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Aave rebrands into Avara and acquires Family Wallet

Aave rebrands into Avara and acquires Family Wallet

[ad_1] Aave Companies rebrands and diversifies its portfolio. The rebranding and acquisition underscore a pivotal moment for the company. This marks a strategic shift towards a more expansive and inclusive web3 future. In a strategic move to solidify its position in the web3 landscape, Aave Companies has undergone a significant transformation, rebranding itself as Avara.

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