Charles Hoskinson the founder of Cardano has made remarks about new claims that he misused funds in the treasury of the blockchain. This act reawakens a previous controversy surrounding governance and leadership of the Cardano ecosystem. Cardano Founder Reacts to Criticisms on Mismanaging Project’s Funds The controversy started when the SLR Cardano Stake Pool account
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HYPE price has crashed by over 40% from its highest point this year amid the ongoing crypto market plunge. This plunge my accelerate as Hyperliquid market share shrinks and as liquidations remain at an elevated level. HYPE Price Technicals Signal More Downside Ahead The daily timeframe chart shows that the HYPE price has slumped from
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The XRP price has struggled to gain traction after recent volatility in the crypto market. The asset trades with mild bearish pressure as investors weigh Ripple’s new treasury plans. The overall market remains cautious, but XRP continues to defend its critical support area on the daily chart. Several altcoins have mirrored similar pullbacks, signaling mixed
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BlackRock has repositioned its crypto, liquidating a large portion of Bitcoin (BTC) and increased its investment in Ethereum (ETH). This transfer implies that the biggest investment manager in the world is selling Bitcoin and investing the money in Ethereum. This comes as the crypto market becomes more volatile. BlackRock Leads Institutional Shift from Bitcoin to
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Crypto exchange Houbi’s founder, Li Lin, is reportedly planning to launch a $1 billion Ethereum treasury firm alongside a group of other investors. This move is significant because it could create new demand for ETH, which is currently in a downtrend alongside the broader crypto market. Li Lin To Launch $1 Billion Ethereum Treasury Firm
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BitMEX co-founder Arthur Hayes has commented on the recent Bitcoin crash, suggesting the decline may be a perfect buy-the-dip opportunity rather than a time to panic. This comes as BTC drops to a four-month low amid macro concerns and heavy selling from whales and miners. Bitcoin Is On Sale, Arthur Hayes Says In an X
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French authorities have launched an investigation into Binance amid growing concerns over anti-money laundering compliance. The move comes as Europe tightens its stance on crypto regulation. France Expands Anti-Money Laundering Checks According to Bloomberg, France’s regulators are conducting wide-ranging checks on digital asset exchanges as part of efforts to determine which of the 100-plus registered
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