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Major cryptocurrencies, including Ether (ETH), XRP, Solana (SOL), and Cardano (ADA), have experienced significant price drops ranging from 8% to 16% over the past week. This downturn follows a broader market sell-off, with Bitcoin also breaking below key psychological levels, leading to substantial liquidations of leveraged positions. Key Takeaways * Major

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

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

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

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

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