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Business — Page 281

China Speeds Blockchain Development to Compete Globally

A senior member of the National People's Congress (NPC), Dong Jin, has emphasized the need for the Chinese government to bolster the infrastructure surrounding blockchain technology to keep pace with rapid digitization.

Mar 12, 20242 min read

Near Protocol Surges 100% Ahead of Nvidia AI Conference

The native token (NEAR) of layer-1 blockchain NEAR has witnessed a nearly twofold increase since March 5, fueled by the anticipation surrounding Nvidia's upcoming annual conference, which continues to propel AI-relate…

Mar 12, 20242 min read

Crypto Fraud Surges 52% in 2023, Says FBI

The Federal Bureau of Investigation (FBI) has disclosed a concerning trend in cryptocurrency investment fraud, revealing a substantial increase in losses from $2.57 billion in 2022 to $3.94 billion in 2023, marking a …

Mar 11, 20242 min read

Solana Hits $140 After Bagging CMC Crypto of the Year Award

Solana, the groundbreaking blockchain platform conceived by former Qualcomm engineer Anatoli Yakovenko in 2017, has achieved a significant milestone by clinching the esteemed Crypto of the Year award for its token (SO…

Mar 8, 20242 min read

FTX to Pay BlockFi $874M, Ending High-Stakes Legal Tug-of-War

In a significant development, financially troubled firms BlockFi and FTX have announced a groundbreaking agreement to resolve their longstanding disputes. The agreement, described as "in principle," signifies a pivota…

Mar 8, 20243 min read
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