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Jun 14, 2024 | 
coinnounce.com | Joyce Lang |Janet Sánchez
Recently, Daddy Tate (DADDY) – the new meme coin on Solana that was announced by the ex-professional kick boxer, Andrew Tate, and which he has been promoting on X since Jun 11, 2021 – recorded a market capitalization of $300 million while it was selling at $0.30 at the time of compiling this report; an increment of 218% that occurred within the last day according to DEX Screener. In another event, the participation of Andrew Tate in Solana had a big impact on meme coin market.
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Mar 19, 2024 | 
coinnounce.com | Joyce Lang |Jai Pratap
The cryptocurrency market has witnessed a significant recovery in liquidity, with levels almost fully rebounding to pre-collapse levels following the shutdown of FTX and Alameda Research in November 2022. According to a recent report by crypto research firm Kaiko, the liquidity gap, known as the “Alameda Gap,” has now vanished, thanks in part to the recent surge in Bitcoin's price.
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Feb 22, 2024 | 
coinnounce.com | Janet Sánchez |Jai Pratap |Joyce Lang
In a striking display of cryptocurrency's growing influence in digital payments, Block Inc., under the leadership of Jack Dorsey, has reported a substantial 90% increase in its Bitcoin gross profits. This leap in profitability, primarily through its popular Cash App platform, highlights a significant year-over-year growth, underscoring the company's expanding footprint in the crypto space.
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Feb 22, 2024 | 
coinnounce.com | Jai Pratap |Joyce Lang
Google responds to criticism over inaccuracies in Gemini AI's imagery, introducing updates to the model while acknowledging concerns over biased historical depictions. Enhancements to Gemini AIAmidst controversy surrounding inaccurate imagery generated by Gemini AI, Google rolled out two updates to the model. The first upgrade, applied to Gemini Advanced, enables users to edit and run Python code snippets directly within the interface.
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Feb 22, 2024 | 
coinnounce.com | Joyce Lang |Jai Pratap
Despite recent ETF approvals in the US, the European Central Bank (ECB) maintains its cautious stance on cryptocurrencies, particularly Bitcoin. ECB's Anti-Crypto PositionThe ECB executives, including Ulrich Bindseil and Jürgen Schaaf, expressed skepticism regarding the recent spot Bitcoin ETF approvals by the US SEC.
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Feb 22, 2024 | 
coinnounce.com | Jide Idowu |Jai Pratap |Joyce Lang
Arianee has introduced a Polygon-powered layer 2 solution to amplify its digital product passport platform utilized by luxury brands. Arianee's Latest AdvancementLuxury brand blockchain infrastructure provider Arianee has rolled out a new layer 2 solution on Polygon, enhancing its digital product passport platform for luxury brands and businesses. This development aims to bolster scalability and efficiency in managing digital assets.
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Feb 21, 2024 | 
coinnounce.com | Joyce Lang |Jai Pratap |Janet Sánchez
Amidst growing concerns over the impact of cryptocurrency trading on the Nigerian economy, Bayo Onanuga, an adviser to President Bola Tinubu, has urged for the ban of major platforms including Binance and KuCoin. Onanuga alleges that these platforms manipulate the Nigerian naira, exacerbating its decline in the forex market.
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Feb 21, 2024 | 
coinnounce.com | Joyce Lang |Jai Pratap |Janet Sánchez
Amidst a flurry of activity, the value of Starknet's STRK token has plummeted by more than half within just two days of its launch. The rapid decline comes as a result of significant sell-offs by both airdrop participants and large token holders. Market Turmoil and Sell-offsSince its debut, the STRK token has experienced a dramatic 60% drop in value, trading at less than $1.90 from its initial peak of $4.41 on February 20th, according to data from CoinGecko.
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Feb 13, 2024 | 
coinnounce.com | Joyce Lang |Jai Pratap
The Korea Financial Intelligence Unit (FIU) has declared an intensified crackdown on crypto exchanges in South Korea, signaling the expulsion of "unsuitable" platforms from the market, starting this year. Ramped-Up Scrutiny on Crypto ExchangesSouth Korea's FIU has unveiled plans to bolster oversight on crypto exchanges, aiming to weed out platforms deemed unfit for the local market.
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Feb 10, 2024 | 
coinnounce.com | Joyce Lang |Jai Pratap |Azeez Mustapha |Aubrey Hansen
Fraudulent Entity Deceives InvestorsThe Hong Kong Securities and Futures Commission (SFC) has issued a warning alongside the local Police force regarding a fraudulent entity impersonating the well-known cryptocurrency exchange MEXC. This imposter is reportedly misleading potential investors and misappropriating funds.
