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Zcash Extends Rally After Proof-of-Stake Plan, Twitter Shills


The privacy-focused cryptocurrency zcash (ZEC) is being noticed by traders again after a rally of more than 50% over the past week. The rally followed news from last week that the coin will switch to a proof-of-stake consensus algorithm. At 14:27 UTC on Wednesday, ZEC was up 22.7% over the past...

Canada Detains Teen for Alleged $36 Million Cryptocurrency Theft


A teenager has been arrested in Canada after committing what law enforcement officials in Ontario have described as the largest crypto theft by a single person. The Canadian is accused of stealing tens of millions of dollars through a SIM swap targeting a crypto holder in the U.S. Teen Arrested...

BTC, ETH Find Support After Sell-Off, Long-Term Technicals Remain Strong


A sell-off in the crypto market that started on Monday this week intensified overnight, with bitcoin (BTC) dipping as low as 55,600 before a slight recovery started during early European trading hours. At 11:20 UTC, bitcoin traded at USD 56,777, down 5.8% for the past 24 hours and down 12.6%...

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