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Swan Bitcoin cancels conference amid staff reduction, mining shutdown

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According to Swan Bitcoin CEO Cory Klippsten, “it just doesn’t feel like the right time for a festival” after the firm announced staff cuts in July.

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Coin Market

Mercado Bitcoin begins post-hack reopening without a timeline for withdrawals

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Customers can view their pre-hack balances as access returns in phases. The exchange has yet to say when withdrawals will resume.

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Avalanche’s AVAX leads crypto gains following NYSE tokenization deal

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Avalanche’s AVAX token rose as much as 10% after the NYSE selected its blockchain to support settlement on a planned tokenized stock trading platform.

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PNC Bank tests turning USDC payments into dollar deposits

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The pilot lets eligible corporate and institutional clients accept USDC on Ethereum, with each token converted to one US dollar before deposit.

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