Author: Crypto Flexs

Alvin Lang Aug 31, 2024 03:58 According to Gala News, musician Clash will release a new single titled ‘luv’ on August 30th. According to Gala News, musicians Clash will make a comeback on August 30th with a new single titled ‘luv’. Coming soon Known for their dynamic sound and emotional lyrics, Clash have announced the release of their latest track, ‘luv’. The upcoming single promises to deliver the same intensity and passion fans have come to expect from the artists. Background and Reaction The announcement has created quite a buzz in the music community,…

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Welcome to Finance Redefined, a weekly newsletter designed to bring you the most important events of the past week, providing essential insights into decentralized finance (DeFi).This week brought some worrying news. Cryptocurrency hackers are set to steal more than $1.2 billion in 2024, a 15.5% increase over 2023. Will they surpass the total value stolen in 2023?In more positive news for investors, Celsius, a bankrupt crypto lender, has finally paid back two-thirds of its customers after paying back $2.53 billion to 251,000 creditors. Celsius owed a total of $3 billion to over 375,000 creditors.Cryptocurrency Hackers to Steal $1.2 Billion by…

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Financial Company • August 30, 2024 10:27 AM EDT Posted 1 minute earlier ~ in Episode 53 of Season 6 of The Scoop was recorded as follows: Block’s Frank Chaparro and George Calle & Securitize Founder and CEO Carlos Domingo. Listen below and subscribe to The Scoop on YouTube. apologize, Spotify, Google Podcasts, Stitcher, Or wherever you listen to podcasts. Please send feedback and correction requests to (email protected).Carlos Domingo is the founder and CEO of Securitize.Earlier this year, Securitize partnered with BlackRock to launch the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). In this episode, recorded live at last…

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South Korea’s Naver has officially entered the cryptocurrency market. The company announced a new digital asset solution targeting 33 million users. The solution was launched in partnership with popular blockchains. South Korean internet giant Naver is partnering with Chiliz to launch the first cryptocurrency wallet targeting over 33 million users, the sports-focused blockchain platform said on Friday. Founded in 1999, Naver is Korea’s first portal website and the country’s most-used search engine, with around 1.7 billion visits in July. The company’s first foray into cryptocurrency via storage solutions underscores the growing appeal of digital assets among institutions. Naver’s Crypto Wallet…

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This article is also available in Spanish. Ethereum price has started a recovery wave in the $2,400 zone. ETH is currently struggling to gain speed to move above the $2,600 resistance zone. Ethereum recovered above $2,500 and $2,550. The price is trading below $2,550 and the 100 hourly simple moving average. A major downtrend line has broken, forming resistance at $2,550 on the ETH/USD hourly chart based on data provided by Kraken. To start another uptrend in the short term, the pair needs to stay above $2,485. Ethereum Price Recovery Attempts Ethereum price remained stable above $2,400 and attempted a…

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Rebecca Moen Aug 31, 2024 04:39 Nigerian Afrobeat artist JIRE has debuted on Gala Music with the single ‘Call God’ featuring an NFT eligible for $MUSIC rewards. According to Gala News, Nigerian Afrobeat sensation JIRE has officially debuted on Gala Music with the release of his new single, “Call God.” Fans can now collect the $MUSIC rewardable NFT associated with the track, while supplies last. JIRE’s popularity rises JIRE has been gaining attention in the Afrobeats scene for his unique sound and captivating lyrics. His debut on Gala Music is a significant milestone in…

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Cardano (ADA) price fell today, reflecting investor caution ahead of the blockchain’s first hard fork in two years.Chang Hard Fork Brings On-Chain Governance to Cardano The price of ADA has fluctuated between ups and downs over the past 48 hours. On August 30, it fell 1.5% to $0.35, wiping out almost all of the gains it had made the previous day.ADA/USDT daily price chart. Source: TradingViewThis bullish and bearish slump reflects traders’ uncertainty about the impact Cardano’s Windows hard fork could have on the ADA market. The network upgrade will begin on September 1 and will allow users to participate…

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According to cryptocurrency analytics firm Santiment, certain on-chain metrics suggest that blockchain scaling solution Polygon (MATIC) may be on the verge of a price reversal. Santiment noted that MATIC has recently seen a surge in active addresses and increased movement of dormant coins. “Polygon has been one of the many networks that has been declining since the crypto pullback began in March. However, the noticeable spike in on-chain activity could be a sign that a MATIC reversal could be imminent. A spike in active addresses and dormant coins are common signals ahead of this.” MATIC is trading at $0.423 at…

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Bitcoin Bitcoin +0.54% It has not performed as well as U.S. stocks and other macro assets over the past few weeks since the widespread debt cleanup in early August. On Monday, August 4, cryptocurrency markets lost about $367 billion in value in 24 hours. The selloff coincided with a broad-based decline in stocks, one of the worst days for risk assets since the “Black Monday” crash of 1987.According to Friday’s Coinbase weekly report, Bitcoin has underperformed the index since the early August deleverage incident.“On a risk-adjusted basis, the Bitcoin price is currently 0.50 standard deviations below its three-month average, and…

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India’s central bank digital currency (CBDC) initiative is attracting attention from global financial institutions. JP Morgan has expressed optimism about the potential impact CBDCs could have on the country’s financial environment. “CBDC is another step forward for Indian payments,” said Naveen Mallela, Global Co-Head of Onyx at JP Morgan. He told local media: August 29, 2024. The initiative, led by the Reserve Bank of India (RBI), is seen as a major step forward in the development of digital payments in the country. RBI Governor Shaktikanta Das has highlighted the importance of a unified CBDC framework to improve global payments efficiency.…

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