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Arbitrum’s dream to decentralize goes down the drain


Arbitrum’s efforts to hand over control to its community have not gone the way it wanted them to. Thus, efforts have been wasted due to critics’ harsh criticism of its first-ever governance proposal. Several critics called the procedure a “Sham Vote,” arguing that it was nothing...

Biggest Movers: ADA Snaps Losing Streak as BCH Moves to 10-Day High


Cardano ended a two-day losing streak on Monday, as the token moved closer to a two-month high to start the week. Cryptocurrency markets were mostly lower in today’s session, with the global market cap down 0.36% as of writing. Bitcoin cash also climbed, hitting a ten-day high. Cardano (ADA)...

SEC Takes Action Against Crypto Trading Platform Beaxy and Its Executives


The U.S. Securities and Exchange Commission (SEC) has filed charges against crypto trading platform Beaxy and its executives. Additionally, the regulator alleged that the cryptocurrency exchange’s founder raised $8 million in an unregistered crypto token offering and “misappropriated...

Crypto Exchange Beaxy Shut Down After SEC Lawsuit


Crypto platform Beaxy has officially closed its doors as the U.S. Securities and Exchange Commission (SEC) charged the company and its founder Artak Hamazaspyan with operating an unregistered exchange and brokerage, the agency said

Surprising Fans, WB's Smash Bros.-Like Shutters Until 2024 With No Refunds


Today, Warner Bros. Games and Player First announced that the MultiVersus open beta will be shutting down in 90 days. The publisher and devs promise the game will return in “early 2024.” In the meantime, players will be unable to play online, and no new updates will be released. And in bad news...

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