Centralization Blamed for Cloudfare Outage that Caused Billions of Dollars in Losses

Yesterday’s (November 18) Cloudflare outage caused billions of dollars in losses as the internet seemingly came to a standstill. The disruption affected many users trying to access  X, Truth Social, Reddit, ChatGPT, Coinbase, Ledger, BitMEX, DefiLlama, and many more. Ironically, many of the affected platforms and websites were crypto-related, a sector that promotes decentralization. However,…

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Grayscale set to launch XRP trust ETF

Key Takeaways Grayscale is preparing to launch an XRP trust ETF, allowing broader investor access to XRP via a regulated, traditional product. The Grayscale XRP Trust currently operates as a private placement for accredited investors, tracking XRP’s price through a reference rate. Share this article Grayscale has hinted that it will soon launch its XRP…

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Semrush stock rockets 75% pre-market on $1.9B Adobe takeover

Key Takeaways Semrush shares surged around 75% pre-market following reports of a $1.9 billion Adobe acquisition. Integrating Semrush would enhance Adobe’s AI-driven digital marketing and content optimization offerings. Share this article Shares of Semrush Holdings jumped around 75% to $11.8 in pre-market trading today after Adobe reached a $1.9 billion agreement to acquire Semrush, a…

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The Unmatched Perspicacity of Andrew Tate Crypto Portfolio Just Got Liquidated

Even with Andrew Tate holding an unmatched perspicacity coupled with calling for $25,000 Bitcoin, the controversial influencer and alleged human trafficker has been fully liquidated. While BTC has tanked from over $100,000 to $90,000, the Andrew Tate crypto portfolio has lost over $750,000, according to Polymarket. Many rumors are circulating, from Tate orchestrating the public…

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Chainlink (LINK) Down 53% Since August

Chainlink’s (LINK) 53% drawdown hasn’t scared whales. Chainlink (LINK) has had little success in claiming the $14 mark amidst recent headwinds that led the broader market to post devastating losses. The asset is, however, seeing renewed interest from large holders after a prolonged downturn, according to a new analysis from CryptoQuant. LINK has fallen…

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