Web3 News
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Backpack: A New Crypto Exchange by Former FTX and Alameda Employees
A group of former employees of FTX and Alameda Research, two of the most prominent crypto firms that collapsed last…
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US Government Transfers $922M in Seized Bitcoin from Bitfinex Hack
The US Department of Justice (DOJ) recently transferred over $922 million worth of Bitcoin (BTC) seized from the infamous 2016…
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VeChain Launches VeBetterDAO For Sustainable Web3
VeChain, the leading blockchain platform for enterprise solutions, has announced the launch of VeBetterDAO, a new initiative to revolutionize web3…
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Ethereum Dencun Upgrade Set For March 13
Ethereum, the leading smart contract platform and the second-largest cryptocurrency by market cap, is undergoing a major network upgrade on…
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OTCPro Seeks Return of $650,000 Mistakenly Sent to User, Who Goes Unresponsive
In a bizarre turn of events, Australian crypto exchange OTCPro, owned by Rhino Trading, is embroiled in a legal battle…
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Polygon’s Web3 Gaming Ambitions Take Flight with Chainers in the Village
Polygon Labs, the driving force behind the Ethereum scaling solution Polygon (MATIC), has set its sights on the burgeoning world…
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Reddit Invests in Bitcoin and Ethereum Ahead of IPO
Reddit, the self-proclaimed “front page of the internet,” has made a splash in the web3 world by revealing they’ve been…
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Solana(SOL) Loses Over $3 Billion in Market Cap in a Single Day
Solana (SOL), one of the fastest-growing and most promising blockchains in the web3 economy, suffered a major setback on Tuesday,…
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Ripple Invests $25 Million in Campaign to Promote Crypto-Friendly Leaders
The cryptocurrency industry is no stranger to political lobbying, but Ripple’s recent move takes things a step further. The company,…
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UK Set to Release Crypto Legislation in 6 Months
The UK government has announced its plans to regulate cryptoassets and protect consumers and businesses in the fast-growing web3 economy.…
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