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AFL’s first limited-edition NFT drop sells out in under 12 hours
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The limited edition digital packs came at a retail price of 34.39 USDC each, raising over $130,000 after it sold out in the first drop.

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Solana wallet fires up the grill to burn spam NFTs out of existence
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The Phantom wallet app has launched a new Burn Token feature, allowing users to remove spam NFTs sent by scammers.

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Korean police seize crypto for unpaid traffic fines in trial
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Local police in a suburb of Seoul have the authority to seize crypto in order to clear the balance of delinquent fines from traffic violations.

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‘There’s a lot less land to go around’ — why White Rock established off-the-grid mining in Texas
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“The U.S. is where the action is in terms of markets, so we plan to be in at least another couple of states as well as Texas with some diversified offering," ...

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Senator asks FDIC about allegations it discourages bank relations with crypto companies
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Sen. Pat Toomey says he has information from whistleblowers that the FDIC without a legal basis is discouraging banks from dealing with companies with crypto ...

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Celebrities called out for shilling NFTs: Nifty Newsletter, Aug 10–16
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A Polygon executive highlighted that NFT games have an advantage over traditional "money in, no money out" gaming business models.

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3 strategies investors might use to trade the upcoming Ethereum Merge
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Investors have been crafting their strategies for navigating the volatility that could arise as the Ethereum Merge takes place. Here are a few to consider.

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Quebec Pension Fund loses almost entirety of its Celsius investment in less than ten months
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"For us, it is clear, when we look at all this, we arrived too soon in a sector which was in transition," says CEO Charles Émond.

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Fed adds a new layer of bureaucracy for US banks engaging in crypto asset activities
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The U.S. Federal Reserve Board has issued new instructions for banks engaging in crypto asset activities that include running their plans past their Fed ...

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European Central Bank addresses guidance on licensing of digital assets
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Specifically, the ECB will consider crypto firms’ business models, internal governance, and “fit and proper” assessments which apply to licensing other ...

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