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Solana unveils new Seeker device, says it’s not just a ‘memecoin phone’
Solana’s new Seeker device will be a “rewards magnet” like the Saga, but it’s not just a “memecoin phone,” says Solana Labs General Manager Emmett Hollyer. Solana has just revealed its newest, shiniest smartphone, “Seeker” — it’s half the cost of its predecessor, and, according to the team, won’t just lean on free memecoins.Saga was…
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Solana Unveils Details of Second Crypto Phone ‘Seeker’
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Crypto scammers orchestrate massive hack on X but barely made $8K
The scammers breached countless X accounts to shill the memecoin, but they didn’t even make enough to buy a Toyota Corolla. An unknown group of crypto scammers has seemingly missed their payday after hacking their way into several high-profile social media accounts on Sept. 18 — only to end up with a few thousand bucks.On…
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‘Silly’ to shade Ethereum, the ‘Microsoft of blockchains’ — Bitwise exec
Ethereum is still home to the most active crypto developers and is the most attractive chain to build applications on top of for big companies, argues Bitwise’s Matt Hougan. Ethereum may be in the “doldrums” at the moment, but haters of the blockchain will probably end up looking “silly,” says the chief investment officer of…
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Louisiana takes first crypto payment over Bitcoin Lightning
Louisiana is now taking crypto payments for state services, and its Wildlife and Fisheries Department has just taken the government’s first crypto payment. The government of Louisiana has taken its first-ever crypto payment after the state’s Treasurer announced residents would have the option to pay for state services with certain crypto.Louisianians now have the option…
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Bitcoin holds above $60k amid heavy volatility after FOMC confirms 50bp rate cut
Bitcoin (BTC) experienced heavy volatility on Sept. 19 following the Fed’s FOMC meeting but maintained its position above the $60,000 threshold. Fed chair Jerome Powell confirmed weeks of speculation by announcing a 50 basis point rate cut after four years of restrictive monetary policy. According to the press release: “The Committee has gained greater confidence…
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Real-world asset tokenization is the crypto killer app — Polygon exec
According to Colin Butler, financial institutions that don’t embrace blockchain technology will lose their relevancy and competitive edge. Colin Butler, Global Head of Institutional Capital at Polygon Labs, believes that real-world asset tokenization for institutional clients may be the killer application for cryptocurrencies because it dramatically reduces costs and settlement time — becoming increasingly difficult…
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Donald Trump uses Bitcoin to buy burgers at NYC bar
Pubkey, a Bitcoin bar in New York City, hosted the former US President and 2024 Republican nominee for a campaign stop on Sept. 18. Republican Party presidential nominee Donald Trump appeared in a New York City bar and restaurant famous for accepting Bitcoin, becoming the first former US president to use the cryptocurrency in a…
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Trump Buys Burgers With Bitcoin at NYC Crypto Hangout PubKey
Former president reportedly bought burgers using bitcoin at the crypto-themed bar.
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It's time to update the SEC's disclosure process for crypto
SEC Commissioner Mark Uyeda wants to update the agency’s S-1 disclosure for cryptocurrency firms. His stance is a positive step toward progress. Securities and Exchange Commission member Mark Uyeda suggested in a July statement that his agency had missed the mark with its approach to cryptocurrency, and proposed a shift in how the SEC handles…
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