First, and most critically, only a small fraction of crypto is used for illicit activity, far less than we see in traditional finance, which according to the United Nations could be up to 5% of global GDP. Per analytics firm Chainalysis, money laundering accounts for less than 0.5% of all crypto transaction flows. This is
Month: August 2024
There is a better way to manage token launches — one that prioritizes long-term utility and organic growth over speculative gains. Protocols are beginning to experiment with alternative models. FRIEND, a blockchain-based social platform, for example, launched with 100% float, distributing all tokens to the community from day one. After taking a radically different approach
“Ripple USD is currently in its beta phase and is being rigorously tested by our enterprise partners,” the company said in a blog post. “This phase is crucial for ensuring that the stablecoin meets the highest standards of security, efficiency, and reliability before it becomes widely available, and after receipt of regulatory approval.”
“If Trump wins, a rush of new buyers could take the bitcoin price over $100,000,” Terpin said, adding that the six months after the halving have had pullbacks — and this fifth bitcoin cycle is no exception. “October and November are historically strong months for bitcoin, especially in the year of the halving and the
This is all about why the next 30 days are critical for the crypto market. After the most recent crypto crash, where is Bitcoin, Ethereum, Solana and Altcoins going next? In this video we will be looking at: 0:00 – Intro 0:51 – The Big Flush 2:33 – Yen Carry Trade 4:30 – Jerome Powell’s
Kwon’s Montenegrin defense attorney Goran Radić did not respond to CoinDesk’s requests for comment by press time, but told Vijesti, a Montenegrin newspaper, that the continuous delays and seven court decisions in Kwon’s case represent a “judicial disgrace.” Radic also told Vijesti that Milović had made an “illegal private promise” to extradite Kwon to the
“Rather, the Court finds that Ripple’s willingness to push the boundaries of the Order evinces a likelihood that it will eventually (if it has not already) cross the line,” she said. “On balance, the Court finds that there is a reasonable probability of future violations, meriting the issuance of an injunction.”
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“Note that the 11,500 ETH has been transferred to the wallet ‘0xf58’ which they often use to deposit ETH to CEX,” Spot On Chain posted on X. “Currently, Jump Trading still holds 21,394 WSTETH ($63.6M) and 16,292 ETH ($41.3M) in the wallets and has 19,049 STETH under the unstaking process from Lido.”
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“He was so excited,” Eric Semler, the company’s chairman and son to Herbert Semler, said about his father’s reaction to this new investment strategy. Herbert’s father and Eric’s grandfather, Harry Semler, had seen gold as a great investment during his time, so he would’ve loved seeing the company invest in the “new gold,” Eric Semler
“The U.S. slowdown looks clearly underway, and the Fed, behind the curve, will need to cut more aggressively than previously expected. U.S. [Treasury] yields and the dollar are consequently repricing lower, which is hugely bullish for bitcoin. Further, with China ramping up stimulus and liquidity injections, combined with a weaker dollar, global liquidity conditions are
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But the race between Democrats Ansari and Raquel Terán, who’d been endorsed by leading crypto critic Warren, has come down to a 67-vote gap almost a week after that state’s elections, and Ansari’s lead has narrowed each time a new batch was tallied. Wider Maricopa County, which includes the 3rd district, still has an estimated
In addition to the Bank of Japan’s somewhat unexpected hawkishness last week, the U.S. Federal Reserve also surprised a few – not by holding rates steady, but instead by appearing somewhat ambivalent about cutting rates in September, which nearly all market participants assumed was a sure thing.
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Proofs should ideally be generated on sensors, location trackers, compute nodes, and other devices. Local proving ensures that proof data remains in the hands of the network participants and doesn’t centralize operations – aligning with networks’ core principles. Proof verification can take place locally, on cloud networks, or on chain, depending on how the network
Donald Trump: “Crypto is a very interesting thing. Very high-level in certain ways, intellectually very high-level. But if we don’t do it, China’s going to do it. China’s going to do it anyway. But if we don’t do it, China’s doing it. China is already doing it, and if we don’t do it, other countries
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