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2023-01-03 07:54:02 Token unlocks worth $169M scheduled in January

There are six token unlocks scheduled to take place between Jan. 16 and Jan. 27, with a total amount equating to $169 million, Wu Blockchain reported, citing data from Token Unlocks. The unlock is scheduled on Jan. 12 and represents 0.454% of the total supply.

The six tokens in question are Moonbeam (GLMR), Aptos (APT), BitDAO (BIT), ApeCoin (APE), Axie Infinity (AXS), and Ronin (RON). The first unlock is GLMR’s on Jan. 11. The project will unlock 46,182,879.41 tokens that account for 4.618% of the total token supply. The USD equivalent of the unlock will be around $15 million. The second unlock will release 4,543,478.03 APT tokens, equating to around $16 million.

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2023-01-02 11:09:02 Crypto Exchange Wash Trading Stats Depict Worrying Picture

Crypto platforms with 70% total reported volume of wash trading moved up by 46 positions in rankings. It’s no secret that wash trading continues to plague the crypto market. A paper titled “Crypto Wash Trading,” published by the National Bureau of Economic Research (NBER).

The nonprofit research organization studied 29 major exchanges, such as Binance, Coinbase, and Huobi, as well as lesser-known exchanges from a period of July 9th to November 3rd, 2019. Based on the rank of third-party websites, representativeness, and API compatibility, the crypto exchanges were classified into Tier-1 (ranked in the top 700 in the finance/investment section of SimilarWeb and Tier-2.

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2023-01-01 04:26:02 Dogecoin Drops 13% On Rumors Of An Ethereum-Like Merger

Dogecoin is one of the most volatile meme coins, which has been losing value as 2022 approaches, amid speculation of a possible proof-of-stake switch. Dogecoin’s price has dropped 13% in the last week and 6% in the last 24 hours to slightly less than $0.07.

According to CoinGecko data, the price of Dogecoin has decreased 13% in the last week and 6% in the previous 24 hours to slightly under $0.07. The notoriously volatile meme coin has dropped this week amid concerns about prospective modifications to the cryptocurrency’s existing energy-intensive proof-of-work mining methodology. Dogecoin remains the second largest proof-of-work cryptocurrency, trailing Bitcoin’s $316 billion market cap.

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2022-12-26 05:15:01 1inch Network Introduces Fusion Update for DeFi Swaps

The popular DEX aggregator announced the launch of Fusion, which focuses on the 1inch Swap Engine and aims to enhance user experience with DeFi swaps. Users will be able to choose between three options with the Fusion mode.

The press release shared with CryptoPotato informed that 1inch Swap Engine “facilitates Fusion, which empowers DeFi users to place orders with a specified price and time range, paying no network fees.”. The team said Fusion mode allows users to swap tokens on various decentralized exchanges without paying any network fees, “at the most favorable rates.”

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2022-12-25 08:43:02 Judge in SBF Case Recuses Herself Over Husband’s Firm’s Past Work for FTX

The judge assigned to oversee the blockbuster criminal trial of Sam Bankman-Fried recused herself from the case late Friday, citing a potential conflict of interest stemming from the fact that her husband’s law firm previously advised FTX, Bankman-Fried’s now-defunct crypto exchange.

Federal judge Ronnie Abrams of the US District Court for the Southern District of New York formally withdrew from adjudicating the case on Friday afternoon, just one day after Bankman-Fried was released from custody to stay with his parents in their Palo Alto home as he awaits trial on eight criminal charges including wire fraud, conspiracy to commit money laundering, and violations of federal campaign finance laws.

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2022-12-24 17:17:40 Bitcoin Breaking pinned a photo Open / Comment

2022-12-24 17:17:37 $TIME is the most oversold coin.

Located in the accumulation zone 53-57.
Could pump hard
I am buying some.

A few key points about the project:

1. Founded in 2016, Chrono.tech operates the biggest crypto freelance platfrom - LaborX. Seems like there're some special perks for TIME holders.
2. Token is already listed on tier-1 exchanges, including Coinbase and Kucoin.

3. In the near future the TIME token will be listed on two top exchanges.

4. TIME-30D Fixed Promotion on KuCoin, APR of 72%! WOW

The price stabilized at around 53-57, looks good for a medium term holding.

P.S: Not financial advice.
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2022-12-24 09:16:02 Crypto unicorn Mythical Games alleges former execs used company secrets to raise $150 million

Andreessen Horowitz-backed crypto gaming unicorn Mythical Games has filed a suit alleging that three former high-level executives violated their fiduciary duty by using company contacts and strategy to secure $150 million in funding.

Mythical Games filed the lawsuit in the Superior Court of the State of California in Los Angeles County’s Central District on Thursday. The suit names Rudy Koch, Chris Ko and Matthew Nutt of Fenix Games as defendants. Koch, Ko and Nutt all worked at Mythical Games until departing last month. Koch was the company's co-founder.

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2022-12-23 09:35:04 California Regulator Orders Halt to MyConstant’s Crypto Lending Services

California financial regulators have ordered online crypto loans platform MyConstant to desist from offering some of its crypto-related products in the state. The Department of Financial Protection and Innovation (DFPI) blocked the platform.

The DFPI alleged in an action that MyConstant engaged “in the business of acting as a finance lender or broker” without the needed license. Additionally, since at least 2020, MyConstant allegedly offered and sold “unqualified, nonexempt securities in issuer transactions in the State of California by offering two interest-bearing products.”. MyConstant offered loan brokering services for personal loans.

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2022-12-22 04:01:02 Waves CEO calls futures markets ‘breeding ground for FUD,’ requests exchanges disable trading

Waves (WAVES) founder Sasha Ivanov has begged all centralized exchanges to disable the futures markets for the digital asset in a Dec. 21 tweet.The Waves CEO tagged the social media handle of several crypto exchanges including Binance, OKX, Huobi, Kraken, and others in his tweet.

According to Investopedia, a futures market allow participants to buy and sell an asset at a predetermined future date and price. Meanwhile, when Ivanov was advised to buy more spot WAVES tokens to squeeze the short sellers, he revealed that he does not trade and the only asset he holds is the embattled token.

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