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Polygon exec: Tokenized funds set to disrupt stable coin market


With the proliferation of Blockchain technology among major financial institutions around the globe, token financial products may mark the return of the vintage financial scene. This trend may disrupt and pose a challenge to the long-standing dominance of stablecoins in this domain. According...

MtGox set to distribute $500 million in assets to creditors by October 2024


MtGox is on the way to deliver 142,000 Bitcoin (BTC) and 143,000 Bitcoin Cash (BCH), along with 69 billion yen, to creditors by October 31, 2024.  For some time now, the company has put investors in an absolute quandary regarding its actual status. The company was officially established in 2010...

Bitcoin Technical Analysis: Bulls Set Sights on a Glimmer of Recovery


As of May 13, 2024, bitcoin exhibits mixed signals across various time frames and technical indicators, presenting a complex landscape for traders. The leading crypto asset’s price currently stands at $62,792, reflecting a slight increase within the 24-hour range from $60,776 to $63,156....

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