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CYRPTO TIMES

Sui blockchain stalls a second time

Sui blockchain stalled on May 28, halting block production and sending the SUI token down 8%. Summary Sui blockchain stopped producing blocks on May 28, its second major stall in five months. The core team confirmed a network stall and paused transactions while deploying a fix. The SUI token fell roughly 8% as block finality…

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Paxos becomes first blockchain native firm approved as SEC clearing agency

The story was updated with a quote from Charles Cascarilla. Paxos has received approval from the U.S. Securities and Exchange Commission to operate a blockchain-based clearing agency, becoming what the company says is the first blockchain-native firm authorized to provide central securities depository services in the country. Summary Paxos has received SEC approval to operate…

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Bitcoin’s next rally may depend on Congress, O’Leary says

Kevin O’Leary says Bitcoin’s next major catalyst has not arrived yet, even after the asset moved through previous highs.  Summary Kevin O’Leary says regulation could unlock larger Bitcoin allocations from pension and sovereign funds. He argues crypto’s next phase may depend more on legislation than short-term speculation. O’Leary says one enterprise blockchain could become a…

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wallet growth clashes with leverage risk

Ethereum traded near $1,616 on June 11, down 3.14% in 24 hours, according to crypto.news price data.  Summary Ethereum traded near $1,616 as selling pressure kept ETH down over 13% this week. Santiment data shows Ethereum is approaching 200m non-empty wallets despite weak market sentiment across crypto. Binance ETH open interest and perp-spot imbalance point…

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