Monday Oct 14, 2024

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Your Weekly Update On All Things Crypto

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MACRO NEWS

SHIB Developer Believes UAE Will Become The Crypto Capital Of The World...



Shytoshi Kusama, the enigmatic lead developer of the Shiba Inu (SHIB) ecosystem, commended the UAE government for its decision to exempt cryptocurrency transactions when it comes to value-added tax (VAT).


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Bitcoin Touches $63K As Meme Coins Continue To Soar..




After several days of disappointing price movements, bulls seem to be making a comeback. 


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FBI Ensnares Cryptocurrency Scammers Via NexFundAI...



A covert operation is typical for the U.S. Federal Bureau of Investigation (FBI). However, this marks the first effort by the agency to create its own crypto token aimed at achieving justice.


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Tether CEO Initiates Transparency Campaign And Wants Big Four Audit...


Tether has consistently faced scrutiny regarding the transparency of its reserves. While the company claims that its USDT token is fully backed on a one-to-one basis by its reserves, it has not yet completed a full audit, leaving lingering doubts.


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Hex Trust Will Work Alongside Clearpool To Launch Ozean Blockchain...



Hex Trust, headquartered in Hong Kong, has announced a partnership with the DeFi credit protocol Clearpool via X.


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Optimism Allocates Over 10 Million Tokens To Users In Fifth Airdrop...



Layer 2 network Optimism has launched its fifth airdrop, distributing 10.3 million OP tokens (valued at approximately $16 million) to 54,700 user addresses. 


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FUNDRAISING ANNOUNCEMENTS

Crypto Fundraising October 1 - 7...



It has been an incredible week for companies around the globe in terms of securing funding to fuel their growth and innovation. Here are some of the latest investment highlights between October 1 - 7.

  

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CONTENT OF THE WEEK

Did an HBO Documentary Just Reveal Satoshi's True Identity?

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MicroStrategy's $3.9B Bitcoin Play: Use Saylor’s Infinite Money Glitch!

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Bitcoin bounces back to $62,000 as economic outlook remains in focus: CNBC Crypto World

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We at CryptoWeekly are not Financial Advisors. None of the content or opinions expressed in this newsletter should be considered financial advice. We highly recommend that you do your own research before investing in any project within or outside the cryptocurrency space.