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    1.8 billion SHIB tokens burned

    1.8 billion SHIB tokens burned

    The Shiba Inu (SHIB) token has been on a bear trend following the unsuccessful Shibarium launch. SHIB’s value has dropped by 22.3% over the last seven days almost erasing all the last month’s gains. The increased burn rate has caused an increased curiosity within the...
    Coinbase buys a stake in USDC stablecoin issuer Circle

    Coinbase buys a stake in USDC stablecoin issuer Circle

    Previously, Coinbase only assumed a minority role as a distributor and promoter of the Circles USDC project. Buying a stake in Circle means Coinbase is taking a more hands-on approach to the project. The size of Coinbase’s stake in Circle has, however, not been...
    NFT platform Recur is shutting down

    NFT platform Recur is shutting down

    Recur announced the gradual wind down of its operations and functionality on August 18, 2023. All NFT activity will be disabled by November 16, with metadata migrated to IPFS. The startup had secured a $50 million series A funding round in 2021. Recur, an NFT startup...
    Akash Network up 6% after HSBC hikes Nvidia price target

    Akash Network up 6% after HSBC hikes Nvidia price target

    Akash Network price rose 6% to $1.48 at the time of writing and was 150% up in two weeks. The AI related cryptocurrency has outperformed amid strong forecasts for the AI sector. HSBC has reaffirmed the buy rating for Nvidia, with price target up from $600 to $780....
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