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Ethereum layer-2 developer Fluent Labs raised $8 million in a funding round led by Polychain Capital, with additional participation from six venture funds and seven angel investors. Fluent describes itself as a “blended execution network” because it seeks to remove siloes that constrain onchain virtual machines. It currently supports the Ethereum Virtual Machine, Solana Virtual Machine and WebAssembly applications.
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According to Doll, the threat of a gridlocked government could stifle regulations, and the current administration must push through pro-crypto policies while still in control of both chambers of Congress.
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The Pump.fun team has also confirmed the hack and is working to restore the account to its proper functionality.
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“For founders looking to work with us — yes, your tech needs to be solid, but we’re equally interested in how you adapt to what users actually need,” OKX Ventures’ Jeff Ren told Cointelegraph in a recent interview.
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Bettors are wagering that 2025 will be a banner year for cryptocurrency markets, with BTC and ETH hitting all-time highs and several new types of crypto ETFs listing in the US.
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Mad Lads, a non-fungible token (NFT) collection on the Solana blockchain, has climbed to sixth place among the most valuable NFTs by floor market cap.
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According to NFT price floor, Mad Lads currently has a market cap of $188.1 million and a floor price of $18,905. In the last 24 hours, the collection recorded $473,788 in trading volume from 24 sales, with the floor price up by 5.15%.
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Panetta wants global regulations to prevent tech giants from circulating digital tokens via easily accessible online payment platforms.
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https://warpcast.com/darcylo996/0x2a1b6494
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“Commercial banks would risk losing an important part of their operations,” he said, warning against consequences to the fiat financial system if privately issued tokens were to attain widespread adoption.
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https://warpcast.com/darcylo996/0x6dbe625b
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https://warpcast.com/merfil09668/0x02b2f5e4
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The Bank of Italy and Consob highlighted banks’ liquidity risks as users increasingly use online applications to deposit and withdraw money. The duo is in discussions with crypto service providers that intend to operate in Italy:
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The Bank of Italy and Consob highlighted banks’ liquidity risks as users increasingly use online applications to deposit and withdraw money. The duo is in discussions with crypto service providers that intend to operate in Italy:
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“Eighty percent of the supply is locked for CIC Digital, a company owned by the Donald Trump Revocable Trust. This is the same entity that launched Trump NFT Trading Cards three years ago. The website says it’s ‘not an investment but a show of support,’” Rao said.
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Rao noted that the top 10 holders own 89.06% of the supply, and there’s no clarity on the liquidity pool burn status. “Interestingly, the token was launched in an Asian morning time zone. It feels like this is just a way for Trump to make money,” he said.
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The SEC alleges that the company sold unregistered investment products, including those that mine cryptocurrency and a program that allowed users to trade their personal data for crypto assets.
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The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Nova Labs, the firm behind the open-source Helium Network, just days before SEC chair and known crypto critic Gary Gensler steps down as chair on Jan. 20.
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In a statement on Jan. 17, the SEC alleged that Nova Labs sold unregistered securities by offering electronic devices called “Hotspots,” which mine the company’s cryptocurrency, Helium (HNT), as well as a program called “Discovery Mapping,” where users could trade their private data for crypto.
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Meanwhile, the SEC also accused Nova Labs of making false claims to potential investors, saying major companies like micro-mobility company Lime, food and beverage giant Nestlé, and cloud computing software firm Salesforce were using or depending on its wireless network, when they allegedly were not.
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