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Biggest Movers: MATIC Remains Near 11-Month Low, as Price Plunges by 9%


Polygon moved closer to an 11-month low on Thursday, as crypto markets continue to react to yesterday’s United States Fed rate decision. The global market cap is trading 4% lower as of writing, as a wave of bears captured sentiment. Litecoin plunged to a three-month low today. Polygon...

SEC Crackdown on Crypto: Harsh Realization or Necessary Clarity?


The cryptocurrency industry has been under huge pressure since the price of Bitcoin plunged from its all-time high of $69,000 in late 2021.  A string of alleged frauds, financial contagions, and security breaches, along with the collapse of some high-profile trading and lending platforms, has...

Crypto Broker FPG Suspends Services After $15 Million Cyberattack


Floating Point Group (FPG), a crypto prime brokerage, has suspended all withdrawals, deposits and trading on its platform after suffering from a $15 million cyberattack over the weekend. The firm said in a Twitter thread on Wednesday that although it had managed to limit the overall impact of...

Hong Kong Welcomes Crypto Exchanges Following SEC Crackdown, Lawmaker Says


A Hong Kong lawmaker has invited global cryptocurrency exchanges, including the Nasdaq-listed Coinbase, to register in Hong Kong to provide crypto services. “Please feel free to approach me and I am happy to provide any assistance,” the lawmaker noted. Hong Kong Welcomes Crypto Exchanges Hong Kong...

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