In a historic victory for Ripple, the SEC has officially withdrawn its allegations against the top two executives of the company.

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Bitcoin recently experienced a 1.2% decline, reaching slightly above $27,000. Investor confidence in riskier assets waned due to escalating tensions in the Hamas-Israel conflict.

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After a two-year wait, AXO, the latest decentralized exchange (DEX) provided by the Cardano Foundation, has officially made its debut on the public testnet. This allows users to test its innovative trading features, gain hands-on experience, and provide valuable feedback before the platform goes live.

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Real USD (USDR), a stablecoin backed by tokenized real estate, experienced a significant loss of its value, dropping to nearly $0.5 on Wednesday, breaking its peg to the United States Dollar (USD).

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Cointelegraph, a popular crypto-oriented news media outlet, recently shared a message on X without obtaining prior editorial approval, falsely claiming that the United States Securities and Exchange Commission (SEC) had granted approval for a Bitcoin ETF (Exchange Traded Fund) to BlackRock. The fake news announcement has since resulted in over $60 million in losses for traders around the globe.

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On behalf of the Web3 community, we would like to extend our warmest congratulations to the companies that announced their success in fundraising between 10th October and 16th October 2023. We are thrilled to see such tremendous support from all involved. Well done! 

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