Dalmas, Author at Block Magnates

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Bitcoin Miners in Texas Switch off 1,000 MW of Electricity Load

Bitcoin mining farms in Texas responded to ERCOT’s request by taking off 1,000 MW of electricity load for retail and commercial use….

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Omni, an NFTs-for-ETH Loans Platform, Hacked for over $1.45 Million

Omni, an NFTs-for-ETH loans protocol, lost $1.45 million of their internal testing ETH to a hacker on July 10, 2022….

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White House, FED, Treasury Department, and all U.S. Government Employees with Exposure to Crypto cannot write on Crypto Policy

The U.S. Office of Government Ethics (OGE) now bans all government employees with crypto exposure from commenting on digital asset policy….

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FTX Has $2 Billion in Cash to Bailout Strategic Crypto Firms

FTX has $2 billion in cash and will offer credit lines to distressed strategic crypto firms to prevent a contagion….

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Centralized Crypto Lending Firms are to Blame for their Failure

Robert Leshner of Compound Finance has said centralized crypto lending firms are to blame for their failure and is good for DeFi protocols….

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Users Prefer Litecoin (LTC) on BitPay, Payment Count Rose 21% in June

Litecoin transactions via BitPay, the world’s oldest crypto payment processor, are up 21 percent, pointing to increasing demand for low fees….

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Voyager is Bankrupt but will Restructure Debts and Pay Creditors

Voyager has submitted its Chapter 11 bankruptcy filing in New York, declaring bankruptcy less than a week after suspending withdrawals. …

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KuCoin (KCS) Token Crashed 25% after Insolvency Rumors

The native token of KuCoin, KCS, fell 25 percent last week after rumors of insolvency and possibility of the ramp suspending withdrawals….

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MakerDAO vote to Extend a $100 Million Loan to a U.S. Bank

MakerDAO is voting on a proposal that will see Huntingdon Valley Bank access a $100 million line of credit….

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Over $8.2 billion of Ethereum (ETH) burnt in 331 Days

Over $8.2 billion worth of Ethereum (or more than 2.5 million ETH) have been burnt in 331 days following the activation of EIP-1559….

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Binance Discovers 1 Billion Entries of Hacked User Data on the Dark Web

Binance Threat Intelligence has discovered one billion entries of hacked user data being sold in the dark web….

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Crypto will Bottom once “Tourists” Leave

Tom Loverro, a former board member at Coinbase, has said the crypto bottom is not yet in, and prices will recover once “tourists” leave….

Dalmas

Latest Articles From

Dalmas

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Bitcoin Miners in Texas Switch off 1,000 MW of Electricity Load

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Omni, an NFTs-for-ETH Loans Platform, Hacked for over $1.45 Million

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White House, FED, Treasury Department, and all U.S. Government Employees with Exposure to Crypto cannot write on Crypto Policy

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FTX Has $2 Billion in Cash to Bailout Strategic Crypto Firms

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Centralized Crypto Lending Firms are to Blame for their Failure

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Users Prefer Litecoin (LTC) on BitPay, Payment Count Rose 21% in June

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Voyager is Bankrupt but will Restructure Debts and Pay Creditors

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KuCoin (KCS) Token Crashed 25% after Insolvency Rumors

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MakerDAO vote to Extend a $100 Million Loan to a U.S. Bank

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Over $8.2 billion of Ethereum (ETH) burnt in 331 Days

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Binance Discovers 1 Billion Entries of Hacked User Data on the Dark Web

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Crypto will Bottom once “Tourists” Leave

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