Author name: gcmadmin

ftx sues

FTX Sued LayerZero Labs, For Recovering Over $21 Million.

FTX is now going through a tough situation. It seems to have collapsed. FTX returning millions to LayerZero Labs and its affiliates. Bankrupt crypto exchange platform FTX has filed a lawsuit against cross-chain protocol LayerZero Labs.  FTX filed to recover $21 million in funds that were assertedly illegally withdrawn prior to FTX’s shutdown in November. …

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Crypto coins

G20 Moves Forward With An International Crypto Framework

Read the following article for further details and information. G20 is considered the leader of the 20 biggest in the world which is rushing for a rapid implementation of the crypto assets of a cross-border framework.  The two-day summit was attended by the group members and the framework will easily exchange the information between countries …

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Digital

The U.S. And Europe’s Asset Managers And Hedge Fund Have Recruited Senior Executives For Digital Asset Strategies

Senior executives who can oversee Digital Asset Strategies are recruited by the US and Europe for One-quarter of asset managers with hedge funds in the country.  Market intelligence firms have reported that the United States, the United Kingdom, and Europe are searching for senior executives for digital investment strategies. As we can see in the …

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pepe coin

The Price Of PEPE Coin Likely To Lose Even More Value In The Month Of September

The price of Pepecoin has crashed by nearly eighty-five percent from its value it stood at (0.00000448$) back in the month of May 2023. This momentum is likely going to continue for the month of September as well.  The coin has now suffered about two security breaches over the past two weeks. The first was …

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bitcoin

Volume Of AI-Tokens Remain Stagnant Amidst Hype Of Worldcoin

Worldcoin crypto did draw the attention of many. Some recent reports show that these AI tokens have gained a stagnant value ever since its launch.  According to these data, the AI crypto coins trading volume has now very steadily increased since last month. Their trading volume has now increased from $570Mn to a whopping $870Mn. This …

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bitcoins

Black Swan Event In The Crypto Market – BTC Getting Weak In Value

Popular crypto Bitcoin (BTC) is now recovering from an event called “Black Swan” that was rivaled by the year 2020’s March during the COVID-19 period.  There has been a major peak in loss-making regarding several UTXOs (Unspent Transaction Outputs). These UTXOs actually refer to the leftover BTC after on-chain transactions get executed. This is essentially …

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