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• So-called Sam Coins, promoted by the now-defunct FTX exchange’s founder Sam Bankman-Fried, have staged a surprising recovery this month despite FTX’s bankruptcy proceedings and Bankman-Fried’s criminal charges. • The value of these crypto assets, such as FTT, Solana, Oxygen, and Maps, have increased despite the negative news, with FTT up 160% this month after shedding almost all of its value in 2022. • Rumors circulate that the platform’s operators are assessing the possibility of re-launching the beleaguered FTX. The…

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• The Ethereum Merge upgrade has been surpassed by the Shanghai Network Upgrade, which is expected to launch in March. • The number of validators on Ethereum has now exceeded 500,000, surpassing the 400,000 benchmark in July last year. • With the Shanghai network upgrade, validators will be able to withdraw their staked ETH and profit, leading to a massive increase in the number of validators. The Ethereum Merge upgrade was once the most highly anticipated news in the crypto…

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• The legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple has seen renewed activity, with Ripple Labs Inc., CEO Brad Garlinghouse, and Executive Chairman Chris Larsen filing their opposition to the SEC’s motion to seal certain documents related to the parties‘ mutual summary judgment motions. • Both parties are primarily fighting over the sealing of the Hinman documents in their briefs, with Ripple arguing that the documents are relevant beyond their relevance to the impeachment. •…

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• Polygon surged 3% in the last 24 hours as Ethereum whales were shopping up MATIC. • The 500 biggest ETH whales bought MATIC as part of their top 10 most purchased coins. • The crypto is still 3% in the red in terms of returns over the past seven days. Polygon (MATIC) has experienced a surge of 3% in the last 24 hours, as Ethereum whales have been shopping up the coin this New Year. The 500 biggest ETH…

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• Investors had taken to sending coins to dead (burn) addresses in a bid to reduce the large supply of the token. • On Sunday, Jan. 01, a total of 142,426,318 LUNC tokens were burned, 6,940% increase from the previous day. • The report shows that 50 burns occurred at 3 BPH, with 1 LUNC equalling $0.00015025. Investors of LUNC tokens had taken a unique approach to reduce the large supply of the token – sending coins to dead (burn)…

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