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The spokesperson for the Ministry of Foreign Affairs of the Islamic Republic of Iran Nasser Kanani has proposed to link the payment systems of all the countries of the BRICS bloc, allowing for seamless settlements between these. Kanani stated that the conditions have been created for this to happen, as payments between these countries are … Read more
A Paxful co-founder has pleaded guilty to conspiracy charges for failing to maintain an effective anti-money laundering (AML) program on the peer-to-peer cryptocurrency platform. This led to various criminal activities being conducted on the platform, according to the U.S. Department of Justice (DOJ). He faces up to five years in prison and will step down … Read more
The Re-Staking ecosystem is experiencing rapid growth, with Eigen Layer at the forefront. As of June 14, 2023, Eigen Layer boasts a total value locked (TVL) of $15.03 billion, dominating the market with 69% of its TVL in WETH. Its early launch and successful $150 million fundraising have solidified its market position. A newcomer to … Read more
This month, Trondao continues to lead the blockchain space in terms of daily active users, boasting over 1.9 million users. This impressive figure surpasses other notable blockchains such as Polygon (1.3 million), Ronin (980,000), Solana (974,000), and BNB Chain (751,000), cementing Tron’s position as a dominant player in the industry. This month, @trondao continues to … Read more
Avalanche has reported impressive growth in its Q2 2024 financial and network metrics, signaling strong performance and adoption. During this quarter, Avalanche’s fees and revenue totaled $3.5 million, reflecting the platform’s increasing utility and engagement. Meanwhile, AVAX trading volume surged to $42.5 billion, marking a remarkable 165% increase compared to the same period last year. … Read more
Despite recent fluctuations in Bitcoin’s price, a significant majority of holders remain in profit. Data from IntoTheBlock indicates that 82% of Bitcoin holders are still in profit, even after the latest price drop. According to @intotheblock 82% of Bitcoin holders are still in profit, even after the recent price drop of $BTC. Do you think … Read more
The Ethereum market witnessed a notable downturn with a 7% drop in the past 24 hours, prompting strategic moves from savvy traders and projects alike. Two prominent traders capitalized on the bearish trend by selling off a substantial amount of ETH, totaling 13,680 ETH, equivalent to approximately $41 million. One of these traders, smartestmoney.eth, deposited … Read more
Consensys introduces a game-changing toolkit at EthCC, streamlining decentralized app development and enhancing Web3 user engagement. Go to Source
Riot Platforms Inc. (Nasdaq: RIOT) has proposed a comprehensive plan to improve Bitfarms Ltd. (Nasdaq: BITF) and has launched a website to detail this strategy. As part of its efforts to acquire Bitfarms, Riot has called for a special shareholders’ meeting to nominate three new directors: John Delaney, Amy Freedman, and Ralph Goehring, who bring … Read more
Crypto intelligence platform Messari has declared independence from the U.S. Securities and Exchange Commission (SEC). CEO Ryan Selkis calls SEC Chair Gary Gensler incompetent and corrupt. Messari plans to challenge the SEC’s legitimacy through legal, congressional, and media avenues, arguing that modern technologies render the agency’s functions redundant and that private market actors are better … Read more