Author: CryptoExpert
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Ethereum Treasury Set to Grow as Huobi Founder Leads $1B Initiative
[ad_1] TLDR Huobi founder Li Lin is launching a $1 billion Ethereum treasury firm, backed by major Asian investors. The planned firm will acquire and hold Ethereum as its core reserve asset to boost long-term institutional demand. Avenir Capital has committed $200 million while Asian institutional investors have added another $500 million. The group is…
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Will a supply wave hit BTC?
[ad_1] Mt. Gox trustees face a deadline on Oct. 31 to complete Base, Early lump-sum, and Intermediate repayments for Bitcoin creditors (BTC), with roughly 34,689 BTC still sitting in Mt. Gox-linked wallets as the clock ticks down. The Tokyo court extended the original cutoff date of Oct. 31, 2024, by one year after processing delays…
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South Korea scraps AI textbook programme
[ad_1] The South Korean government spent 1.2 trillion won ($850m) on developing AI textbooks for schools, but the national programme has been rolled back after just four months, amid allegations of inaccurate texts, concerns about privacy, and increased workloads on staff and pupils. Writing in Rest Of World, journalist Junhyup Kwon quotes a student as…
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Tornado Cash Dev Roman Storm Warns Community About Retroactive Prosecution
[ad_1] Roman Storm, a developer of the Tornado Cash privacy-preserving protocol, asked the open source software community whether they are concerned with being retroactively prosecuted by the US Department of Justice for developing decentralized finance (DeFi) platforms. Storm asked DeFi developers: “How can you be so sure you won’t be charged by the DOJ as…
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Crypto wrap: BNB dips 10% as SOL tests $200; XRP ETFs updates
[ad_1] Binance Coin slides amid market pressure. SOL rallied past $200 psychological mark today. The Ripple community expects XRP ETC decisions between 18 and 25 October. The cryptocurrency market took another hit on Tuesday as major altcoins plunged after Bitcoin dipped from $115,800 intraday high to $110,280. Coinmarketcap data shows top digital assets suffered the…
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Weekly Crypto Wrap: BTC Rebounds Above $108K After Macro Fears Trigger Violent Plunge
[ad_1] The global crypto market rose 1.6% despite a volatile week, ending just under $3.8 trillion in market cap. Bitcoin, which started the week near $114,000, plunged below $103,600 on Oct. 17, then rebounded to close above $108,000. Bitcoin Plunges, Then Stages a Resilient Recovery A turbulent week saw the global crypto economy struggle to…
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OpenSea Rejects NFT ‘Pivot,’ Says It’s Evolving to ‘Trade Everything’
[ad_1] OpenSea CEO Devin Finzer has rejected claims that the company is pivoting away from non-fungible tokens (NFTs), saying instead that the marketplace is “evolving” into a universal platform to trade every type of onchain asset. In a Friday post on X, Finzer announced that OpenSea’s October trading volume exceeded $2.6 billion, with over 90%…
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OpenSea Plans To Launch SEA Token By Q1 2026
[ad_1] Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Popular NFT market OpenSea is set to launch its highly anticipated native token SEA by Q1 2026, following a recent statement by its CEO Devin Finzer. Notably, the proposed cryptocurrency is designed as a key part of OpenSea’s transformation to a…