THE DAILY ENCRYPT

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First for SEC: Crypto Lending Platform Charged — Blockfi Agrees to Pay $100 Million in Penalties

The U.S. Securities and Exchange Commission (SEC) has charged cryptocurrency lending platform Blockfi in a first-of-its-kind action. The crypto lender has agreed to pay $100 million to settle the charges and pursue necessary registrations. SEC Charges Crypto Lending Platform Blockfi The U.S. Securities and Exchange Commission (SEC) announced Monday that crypto lending platform Blockfi has

Clesson Co. Ltd: The Operating Company of LABEL Foundation Receives $2 Million Equity Funding From Groom Investments and eBEST Investments & Securities

PRESS RELEASE. Clesson, the operating firm of the LABEL Foundation, has received an extra $2 million in equity funding from eBest Investments & Securities and Groom Investments to advance the Web 3.0 NFT infrastructure for musicians, fans, and content producers and boost the revolution in the industry. eBest Investments and Securities, a leading South Korean

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Bitcoin Fundamentals Show Signs Of Fresh Rally, Here Are Things To Consider

Bitcoin has been steadily increasing since its January low of $32,933.33. While seeing a 28 percent increase in value. However, after forming a ‘double top’ formation near the swing highs of $45,500, the price fell. Bitcoin begins the week on a steady decline towards pivotal support at $40,000, where it has been for some time. …

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Monero Supporters Beg XMR Miners to Boycott Mining Pool Capturing 44% of the Network Hashrate

Reports indicate that the Monero community is upset about a specific mining pool that currently commands 44% of the network’s hashrate. Supporters are asking mining participants to leave a mining pool called Minexmr as they believe the operation threatens decentralization. A Single Monero Mining Pool Commands 44% of the Network’s Hashrate, Monero Community Members Debate