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Dubai Court Freezes $456 Million Amidst TrueUSD Issuer Dispute

Dubai's Digital Economy Court has issued a worldwide freezing order for $456 million, funds linked to Justin Sun's bailout of TrueUSD issuer Techteryx. The court's decision aims to prevent the dissipation of assets while ownership is determined. Key Takeaways * A Dubai court has frozen

Two cryptocurrency coins, one silver (Ethereum) and one gold (Bitcoin).

Uniswap and dYdX Unveil Major Tokenomics Overhauls: Fee Activation and Increased Buybacks

In a significant development for decentralized finance, both Uniswap and dYdX have announced major proposals aimed at enhancing token value and protocol sustainability. Uniswap's "UNIfication" proposal seeks to activate long-delayed protocol fees and burn a substantial amount of UNI tokens, while dYdX has approved a significant

Bitcoin coin breaking apart with a downward red trend line.

Solana Faces Downward Pressure as Alameda Unlocks Continue, Breaking Key Support Levels

Solana's native token, SOL, has experienced a significant price drop, falling below crucial support levels amid ongoing token unlocks from the bankrupt Alameda Research estate. Despite robust institutional demand seen in Solana-based ETFs, the increased supply from these unlocks has exerted downward pressure on the cryptocurrency's

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Crypto Giants Navigate Shifting Tides: Coinbase Halts Talks, Circle Soars, Gemini Stumbles, and Rumble Acquires Northern Data

The cryptocurrency landscape is buzzing with significant corporate developments. Coinbase has reportedly ended acquisition talks for stablecoin startup BVNK, while Circle Internet has announced a substantial increase in its third-quarter profits. Meanwhile, Gemini faces a stock slump after missing earnings expectations, and Rumble is set to acquire Northern Data, bolstered

Stack of cryptocurrency coins, including Bitcoin and Ethereum.

IRS Unlocks Staking for Crypto ETFs, Paving the Way for Investor Yield

The U.S. Internal Revenue Service (IRS) has issued new guidance that creates a "safe harbor" for crypto exchange-traded products (ETPs), allowing them to engage in staking activities without jeopardizing their tax status. This development is a significant step towards enabling crypto ETPs to offer staking rewards to

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Trump Declares Ambition for U.S. to Lead in Crypto, Citing Global Competition

Former President Donald Trump has announced his vision for the United States to become a global leader in cryptocurrency, specifically aiming for "the Bitcoin superpower" status. Speaking at the America Business Forum in Miami, Trump declared an end to the "war on crypto" and emphasized the

Cryptocurrency market prices and trends displayed on a digital interface.

Internet Computer (ICP) Surges Past $7 Amid Market Volatility

The Internet Computer (ICP) token has experienced a significant price surge, breaking past the $7.00 mark with a 34% rally. This upward movement occurred despite broader market fluctuations and a general downturn in the cryptocurrency sector, highlighting ICP's recent strength and resilience. Key Takeaways * ICP surged 33.