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Project Faro Backers Reportedly Commit $270 Million Ahead of 2027 Stablecoin Launch

by Simon Crypto Team
NFTs

Coinbase Wins Full U.S. National Trust Bank Charter Coinbase Wins Full U.S. National Trust Bank Charter

by Simon Crypto Team
NFTs

Apple, Meta Reject OKXICE Tokenized Stocks as 90% Opt Out Apple, Meta Reject OKXICE Tokenized Stocks as 90% Opt Out

by Simon Crypto Team

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Bitcoin

Bitcoin Mining Difficulty Drops 2.6% as Hashrate Declines Signal Relief for Struggling Miners

by Simon Crypto Team

TLDR: Bitcoin mining difficulty decreased 2.6% with another 1.88% downward adjustment projected in next cycle. Block times exceeded 10 minutes 30 seconds, signaling excessive …

Bitcoin

Stablecoins Now Power Most Crypto Crime, Not Bitcoin

by Simon Crypto Team

Stablecoins now sit at the center of most illegal crypto activity, not Bitcoin, according to new data from Chainalysis. This comes at a time …

Bitcoin
Iran Faces Largest Protests in Three Years Amid Soaring Inflation and Currency Crisis
by Simon Crypto Team

Nationwide demonstrations erupt in Iran as the country’s currency collapses to a record low, …

Bitcoin
Individual Jailed For Bitcoin Espionage Tied To North Korea
by Simon Crypto Team

A South Korean crypto exchange employee was sentenced to four years in prison for …

Bitcoin
Bitcoin Long-Term Holders Stop Sell Off as ETH Whales Accumulate
by Simon Crypto Team

Long-term Bitcoin holders have pumped the brakes on selling their fat stacks for the …

Bitcoin
Bitcoin Long Term Holders Signal Accumulation as Selling Pressure Fades Into Year-End
by Simon Crypto Team

TLDR: Long Term Holders indicator returns to green zone, signaling renewed accumulation after distribution …

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latest blog posts

NFTs

Project Faro Backers Reportedly Commit $270 Million Ahead of 2027 Stablecoin Launch

by Simon Crypto Team

Goldman Sachs, Citigroup, and other members of the group of 21 financial institutions behind Project Faro have reportedly committed …

NFTs

Coinbase Wins Full U.S. National Trust Bank Charter Coinbase Wins Full U.S. National Trust Bank Charter

by Simon Crypto Team

Coinbase announced on November 9 that its subsidiary, Coinbase National Trust Company, has received final approval from the Office …

NFTs

Apple, Meta Reject OKXICE Tokenized Stocks as 90% Opt Out Apple, Meta Reject OKXICE Tokenized Stocks as 90% Opt Out

by Simon Crypto Team

Apple and Meta Platforms have objected to having tokenized versions of their stocks traded on OKXICE, a joint venture …

NFTs

Ethereum Delays Glamsterdam Testnet Fork Over Smart Contract Risks Ethereum Delays Glamsterdam Testnet Fork Over Smart Contract Risks

by Simon Crypto Team

Ethereum has postponed the next testnet phase of Glamsterdam on Hoodi after ChainSecurity discovered that new gas rules could …

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