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Former Coinbase manager sentenced to prison and more cryptocurrency news

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Former Coinbase Product Manager Sentenced to Prison in Groundbreaking Crypto Insider Trading Case Introduction: In a landmark development for the cryptocurrency industry, former Coinbase product manager Ishan Wahi has been handed a two-year prison sentence in the first-ever insider trading case involving digital assets. Wahi was found guilty of sharing confidential information regarding upcoming cryptocurrency …

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Binance resumes Bitcoin withdrawals after suspension and more cryptocurrency news

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Binance Resumes Bitcoin Withdrawals After Temporary Suspensions On Sunday, May 8th, Binance, the world’s largest cryptocurrency exchange by trading volume, halted Bitcoin (BTC) withdrawals twice within a few hours due to the unprecedented congestion in the network. The exchange announced that it had temporarily suspended BTC withdrawals because of the record-high number of unconfirmed transactions. …

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Sports illustrated subsidiary launches new NFT box office platform and more cryptocurrency news.

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SI Tickets, has announced the launch of a new NFT ticketing platform called Box Office on the Polygon network. Sports Illustrated’s ticketing subsidiary, SI Tickets, has announced the launch of a new NFT ticketing platform called Box Office on the Polygon network. The platform, developed in partnership with the Web3 software company ConsenSys, is set …

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Bitcoin continues to outperform the bear market and other cryptocurrency news!

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Bitcoin daily transactions on the network reach a new all time high Bitcoin daily transactions on the network reached a new all-time high on May 1 by hitting the 492,220 level. This surge in transaction volume has been attributed to the rise of Ordinals NFTs, which are digital assets permanently attached to a satoshi, or …

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Gen Z most likely to vote based on Crypto promises when voting, and more crypto news

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Gen Z Most Likely to Consider Crypto Promises When Voting, According to Bitget Survey A recent survey conducted by Bitget, a cryptocurrency exchange, has found that Generation Z is the age group most likely to prioritize crypto-related promises when voting for political candidates. The survey, which was conducted across 26 countries and polled nearly 255,000 …

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Google partners with polygon and more cryptocurrency news

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GOOGLE partners with Polygon to help scale the blockchain network Google Cloud has announced a partnership with Polygon to help scale the blockchain network using its cloud technology. The collaboration will leverage Google Cloud’s Blockchain Node Engine to enhance the speed, security, and user experience of Polygon’s blockchain network. This will include using Google Cloud’s …

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Bitcoin price rally’s amid unconfirmed government dump and more crypto news!

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Bitcoin recovers despite unconfirmed government dump Bitcoin experienced a dramatic crash, dropping from $30,000 to below $28,000, wiping out the day’s gains in a single hourly candle. Liquidations reached almost $200 million over four hours. The exact cause of the crash is unconfirmed, but rumors spread about Mt. Gox and US government wallets making transactions. …

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Binance opens arms to Russia and Google invests in web3.

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Google Cloud Launches Web3 Initiative to Support Startups Google Cloud, the cloud computing unit of Google, has launched a new initiative aimed at supporting Web3 startups. The program will allow member startups to use Google Cloud’s servers for free and gain early access to the platform’s Web3 products. The initiative is an expansion of the …

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Coinbase Files Petition to Force SEC to Create a Clear Framework for Digital Assets

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Coinbase Files Petition to Force SEC to Create a Clear Framework for Digital Asset Coinbase, one of the world’s largest cryptocurrency exchanges, has filed a petition with the U.S. Court of Appeals for the Third Circuit, requesting the court to force the U.S. Securities and Exchange Commission (SEC) to create a clear framework for digital …

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Standard Chartered’s head of digital assets research, Geoff Kendrick, has declared the end of the crypto winter

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Standard Chartered’s head of digital assets research, Geoff Kendrick, has declared the end of the crypto winter Standard Chartered’s head of digital assets research, Geoff Kendrick, has declared the end of the crypto winter that started in 2022, stating that Bitcoin could reach $100,000 by the end of 2024. Kendrick’s statement was included in a …

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