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Ethereum’s Merge Gave Birth to 2 Forks — Newly Launched Ethereumfair Gathers USD Value and Hashpower

A number of members of the cryptocurrency community have been discussing Ethereum's Merge. Its proof-of-work (PoW), fork, ETHW, has seen a significant drop in value over the past few days. Many people don't know that Ethereum has an additional PoW fork, ethereumfair (ETF). ETF has gathered a little hashrate and fiat since its mainnet launch.

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Stablecoin Economy Growth Stagnates for 73 Days, USDC Market Cap Slides 5% Lower

The market capitalization of the top stablecoins fell 10.66% since May's Terra fiasco. It was $171.37 billion, but it is now $153.09 billion. The top stablecoins according to market capitalization have experienced little growth in the past two months. They are now at $153 billion, which is the same as mid-July. Stablecoin Market Caps Stable

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DOJ Launches Network of Over 150 Federal Prosecutors to Combat Criminal Uses of Crypto

The U.S. Department of Justice has created the Digital Asset Coordinator Network, which includes over 150 federal prosecutors. According to the authority, the network will help to counter the increasing threat of illegal use of digital assets to American citizens strong> The US Government's Digital Asset Coordinator Network The U.S. Department of Justice (DOJ), announced

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Merge Flippening Predictions Fail as Ethereum’s Market Dominance Drops 13% in 30 Days

In the 35 days since The Merge, ethereum lost significant market dominance. On August 14, 2022 ethereum was the second-leading crypto asset in terms of market capitalization. However, three days after transitioning to proof-of-stake, it is now down 13% to 16.8 strong> Ethereum's Market Dominance Drops 13% in 35 Days After reaching $1,996 an unit

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CFTC Prepares to Step up Oversight of Crypto Market — Says Many Digital Assets Are Commodities

The Commodity Futures Trading Commission has shared its plans with Congress to regulate the cryptocurrency market with "full supervision capabilities" if the Digital Commodities Consumer Protection Act is passed. According to the regulator, they have the necessary experience and expertise. They believe that many digital assets are commodities. However, Gary Gensler, the Chairman of the

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Luna Founder Do Kwon Isn’t in Singapore, Police Say After South Korean Court Issues His Arrest Warrant

According to local police, Do Kwon, founder of Terraform Labs is not currently in Singapore. After a court issued him an arrest warrant, he was arrested in South Korea and charged with fraud following the collapse of cryptocurrency terrausd and luna. Kwon insists he isn't "on the run." Police Say Do Kwon Isn't in Singapore

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Report: Quebec’s Mohawk Council of Kahnawake Seeks Energy to Power Crypto-Mining Opportunities

According to Canada's Local Journalism Initiative, members from the Mohawk Nation of Kahnawake are considering using electricity from Hydro Quebec to power their cryptocurrency mining operations. Mohawk Council of Kahnawake created a new organization in order to investigate crypto-mining possibilities that could be added into the council's economic growth portfolio. Mohawk Council members create Kahnawake

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