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Author: CryptoPress

What is Cosmos (ATOM)?

Cosmos (ATOM) is a distributed network of blockchains designed to grow and function together. Cosmos wants to create an Internet of Blockchains so that blockchains can keep their sovereignty, talk to other blockchains in the ecosystem, and process transactions quickly. This makes it great for a wide range of uses.  Resources Name Price24H (%)Cosmos Hub(ATOM)$8.68-3.05% #ccpw-list-widget-15341.ccpw-widget...

$ATOM, Blockchain, Coins, COSMOS, Featured, Front page

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Crypto Market – October 17, 2022

Investors expect the FOMC to increase interest rates by 75 basis points at its meeting next month and remain cautious until the end of the year. After a relatively calm weekend, the cryptocurrency market showed no signs of stabilizing. However, within the first few hours of trade, the majority of tokens were trading at a profit. Bitcoin’s price was steady around $19,000 during the day. Bitcoin$59,429.002.88%#ccpw-label-widget-11234.ccpw-price-label...

$ADA, $AVAX, $MATIC, $SOL, $stETH, $XRP, Bitcoin, COSMOS, Crypto market, Ethereum, Lido, Polygon, Tron

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Binance burns the BNB tokens the recent hacking minted

Last week, someone broke into the BNB Chain Bridge and used fake withdrawal proofs to get exactly 2,000,000 BNB. At the time, the net value of the stolen BNB was around $566 million. Now that Binance has finished its twenty-first quarterly burn of BNB tokens, the losses from last week’s bridge attack have been made up for.  When BSC chain validators stopped the network because of the attack, the hacker lost most of these coins....

$BNB, Altcoins, Cryptocurrencies, Front page, News

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Tether swaps CP for US Treasuries

Tether, the company behind USDT, the most valuable stablecoin on the crypto market at $69 billion, has sold all of its commercial paper. The bulk of the company’s reserve assets are now invested in U.S. Treasury Bills. T-Bills are Treasury-backed, short-term U.S. government debt obligations having maturities of one year or less. USDT Assets – Tether The popular cryptocurrency tied to the U.S. dollar said that the move is part...

$USDT, Cryptocurrencies, Front page, News, Stablecoins

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Crypto Market – October 13, 2022

Before US inflation data came out on Thursday, the Fed made some aggressive comments at the last FOMC meeting. This led to a mixed day on the crypto market. The volume of trades has been pretty low, often falling below the averages for the last 20 days. This shows that investors aren’t very committed to the market. Bitcoin$59,429.002.88%#ccpw-label-widget-11234.ccpw-price-label li a , #ccpw-label-widget-11234.ccpw-price-label li{color:#000;} Bitcoin...

$ADA, $AVAX, $DOGE, $SHIB, $SOL, $XRP, Bitcoin, Crypto market, Ethereum, Polygon, Tron

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