Category: Industry Insights
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Klever KLV wallet supports Bitcoin and Ethereum with 5M downloads
Klever (KLV) offers a user-friendly crypto wallet with 5M+ downloads, supporting Bitcoin, Ethereum, and TRON. The platform emphasizes security and simplicity for global users.
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Google veteran uses seed phrase math to defend Bitcoin against quantum attacks
Google veteran proposes seed phrase math to safeguard Bitcoin from quantum attacks, involving 12-word phrases and SHA-256 encryption for enhanced security.
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Ex-Binance dealmaker Gabriel Ibghy launches Hilbert Group tokenized funds platform targeting $500M AUM
Former Binance dealmaker Gabriel Ibghy joins Hilbert Group to launch a tokenized funds platform targeting $500M AUM by 2025, leveraging blockchain technology.
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MARA secures 51% stake in EDF subsidiary for $200 million HPC expansion
Bitcoin miner MARA acquires 51% stake in EDF subsidiary, entering HPC sector; H.C. Wainwright reports deal valued at $200 million.
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Bitcoin hashrate falls 15% as mining difficulty hits 80T in June 2024
Bitcoin hashrate drops 15% from 600 EH/s peak as mining difficulty hits 80T. Marathon, Riot Platforms adjust operations amid rising costs.
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Sei Network migrates to EVM-only in 2024, retiring Cosmos accounts
Sei Network plans EVM-only migration, phasing out Cosmos accounts by 2024. The move impacts 1.2M users, aligning with Ethereum and SEI token standards.
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Qubic mining shifts 35% of Monero hash rate, threatening network security
Qubic mining raises Monero (XMR) security concerns as 35% of network hash rate shifts, impacting ASIC-resistant CryptoNote protocol stability and decentralization.
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Transak raises $16M from Tether and IDG Capital for stablecoin payments
Transak secured $16M from Tether and IDG Capital to build a stablecoin payments framework, enhancing crypto transaction efficiency and global adoption.
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Perplexity bids $34.5 billion for Google Chrome in 2024 tech acquisition
Perplexity, an AI startup, bids $34.5 billion for Google’s Chrome, marking a major tech acquisition attempt involving Alphabet and the browser market.
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Circle launches Arc blockchain with USDC support and 100K TPS target
Circle launches Arc, a Layer-1 blockchain, joining Ethereum and Solana. Arc supports USDC, aims for 100K TPS, and targets decentralized finance applications.
