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BlackRock’s iShares Bitcoin Trust ETF broke its outflow records by hitting a daily net outflow of roughly $523 million: The fund lost $1.43 billion from Saturday to Wednesday, with net outflows on each of the days. The price of bitcoin has dropped below $87,000 as of mid-day Thursday, erasing its gains year-to-date.
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Web infrastructure giant Cloudflare experienced a global network outage, causing 500 errors across numerous crypto platforms and the wider internet: The firm said it has rolled out a fix and platforms are slowly resuming normal functionality.
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Defunct exchange Mt. Gox transferred 10,608 BTC to an unmarked address and 185.5 BTC to a hot wallet: The value of the transfer was roughly $956 million, with observers suggesting that it could be the precursor to further creditor repayments. |
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Strategy purchased an additional 8,178 BTC for roughly $836M between November 10 and November 16: The latest acquisition takes the firm’s holdings to 649,870 BTC at an average cost of $74,433 per coin. |
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The Hong Kong Monetary Authority has pushed Project Ensemble to a live pilot, which enables real-value settlements using tokenized deposits and digital assets: The initiative will focus on tokenized fund trades and real-time liquidity throughout 2026. |
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| Smart contracts are transforming agreements by removing the middlemen. These self-executing digital agreements operate using smart contract code on blockchain networks, ensuring transparency, automation, and security. In this article, we’ll uncover the uses of smart contracts and why they’re redefining industries across the globe. Let’s dive deeper into the functionalities of smart contracts to understand their role in the crypto world. |
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