Author: Cointelegraph by Ezra Reguerra
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Memecoins drop to July levels as Bitcoin and Ether lead market recovery
Memecoins’ sharp decline contrasts with Bitcoin and Ether’s recovery, highlighting crypto market volatility and the divergence between speculative assets and established cryptocurrencies during rebounds.
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LuBian-linked wallet moves $1.3 billion in Bitcoin according to reports
This large Bitcoin transfer from a wallet associated with LuBian highlights ongoing market monitoring of whale movements and their potential impact on liquidity and price volatility.
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NFT market recovers after $1.2 billion loss in crypto crash
The NFT market recovery demonstrates sector resilience following major volatility, indicating renewed investor confidence and potential stabilization in digital asset markets after sharp corrections.
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BNB Chain sets new record with 3.46 million daily active addresses
BNB Chain’s record user activity demonstrates growing network adoption and utility, potentially increasing its competitive position in the blockchain ecosystem against rivals.
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Scammers use Telegram ads to impersonate Monad token claim portal
This security incident highlights ongoing vulnerabilities in crypto communication platforms, requiring enhanced user verification measures to prevent fraudulent token distribution schemes.
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Cryptocurrency fundraising achieves all-time high for weekly investment totals
This record fundraising week signals strong investor confidence in blockchain projects, indicating robust capital inflows despite market volatility and regulatory uncertainties.
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WazirX gets Singapore court approval to repay users after $234 million hack
The Singapore court ruling enables WazirX to reimburse affected users, restoring trust in the exchange and setting a precedent for user protection in crypto security incidents.
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South Africans can pay with cryptocurrency at 650000 stores
This integration expands cryptocurrency utility for daily transactions in South Africa, advancing adoption by bridging digital assets with mainstream retail commerce networks.
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South Korea tax agency targets cold wallets in cryptocurrency seizure operations
South Korea’s tax authority expands enforcement capabilities by targeting offline crypto storage, reflecting global regulatory trends toward greater financial transparency and asset control.
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Bank of France seeks ESMA oversight and stricter stablecoin rules
The Bank of France advocates for ESMA oversight and stricter stablecoin regulations to enhance financial stability and align with EU-wide regulatory frameworks for digital assets.
