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News Editor

News Editor
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FTX’s LedgerX $50M sale approved

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TL;DR Breakdown Following FTX's Chapter 11 bankruptcy proceedings in November 2021, LedgerX will now be sold for just $50 million.  The exchange's co-founder is facing 13...

Google is concerned about open-source AI

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TL;DR Breakdown Google highlights the rapid progress of open-source AI in areas such as language and image generation, outpacing the tech giant and OpenAI. Key innovations...

Celsius network CEO defends against NYAG’s claims of financial mishandling

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TL;DR Breakdown Celsius Network CEO, Alex Mashinsky, is facing allegations of financial mishandling by the NYAG. Mashinsky has filed a motion to dismiss the lawsuit, denying...

Terraform Labs fights back, claims US laws don’t apply in explosive...

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TL;DR Breakdown Terraform Labs has requested to dismiss a class action lawsuit, arguing that United States securities laws do not apply to its foreign-developed protocols. On...

Presidential candidate Robert Kennedy Jr. highlights banking collapse, criticizes Biden’s crypto...

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TL;DR Breakdown U.S. Presidential candidate Robert F. Kennedy Jr. recently cautioned about an impending economic "mega-crisis," emphasizing that it extends beyond the banking collapse. Kennedy Jr....

Binance Unleashes SUI Perpetual Contracts: Market Reels as SUI Price Plummets...

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TL;DR Breakdown Binance has launched perpetual contracts for the SUI token, causing its price to drop by 70%. The move is part of Binance's strategy to...

White House summons tech giants to talk about AI

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TL;DR Breakdown The White House is hosting a meeting with CEOs of top AI companies, including Google and Microsoft, on May 4th to discuss risks...

Arbitrum price analysis: ARB at $1.18 as the bearish trend takes...

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TL;DR Breakdown Arbitrum price analysis appears to be bearish Support for ARB/USD is present at $1.2020 The resistance for ARB/USD is present at $1.51 Arbitrum price analysis reveals that...

White House defends 30% crypto mining tax proposal

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TL;DR Breakdown Back in March, the White House initially proposed an energy tax law. The proposed tax, introduced in the White House's 2024 budget in March,...

Binance Coin price analysis: BNB to retest $328 as resistance as...

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TL;DR Breakdown Binance Coin price analysis shows bullish trend. Resistance is present at $328, for BNB/USD. Support is present at $317 level. The most recent Binance Coin price analysis shows...
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