Author: e_cash_top
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TRON ecosystem grows amid increasing DeFi activity
[ad_1] The TRON (TRX) network exhibited considerable growth in Q2 in daily active accounts, new accounts, and transactions, as metrics increased by 14%, 13.4%, and 28.9%, respectively, according to a recent report by Messari. Tron Q2 Growth. This growth coincided with the launch of BitTorrent Bridge and Stake 2.0, among other developments, showing promising expansion…
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Nigerian SEC doubles down on Binance warning despite its recent approval in Dubai
[ad_1] The Nigerian Securities and Exchange Commission (SEC) reiterated its warning that Binance’s operation within the country was illegal, according to a July 28 statement. In its new notice, the regulator specifically mentioned Binance’s official website, stating that: “The Commission again reiterates that the activities of Binance, https://www.binance.com and any such other platform through which…
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Bitcoin balances on top exchanges: What history tells us about future bull runs
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
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Rug pull fears emerge after obscure meme coin surges 10,000% on Coinbase-backed Base network
[ad_1] Over the weekend, meme coin mania returned with new fervor as it reached the Coinbase-backed Ethereum layer-2 network Base. On July 30, BALD, an obscure meme coin with no website, on the L2 solution gained wide attention after its value exploded by more than 10,000% on the decentralized exchange Leetswap to a peak of around…
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Binance secures first operational license in Dubai amid regulatory hurdles in Europe.
[ad_1] Following multiple setbacks with European regulators, Binance has become the first digital asset exchange to receive an Operational Minimum Viable Product (MVP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). The news comes as the exchange faces regulatory challenges in several European territories, including Germany, the Netherlands, and the U.K. The Operational MVP license,…
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Historical yield curve analysis for peak US unemployment rate
[ad_1] Quick Take Based on historical data from the past three recessions (excluding the effects of COVID-19), peak unemployment can take up to 40 months or longer to manifest following the initial inversion of the yield curve. The yield curve used for this analysis is the difference between the 10-year and 2-year U.S. Treasury yields…
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Curve Finance TVL halved following Vyper vulnerability exploit
[ad_1] The total value of assets locked on decentralized finance protocol Curve Finance (CRV) plunged nearly 50% in the last 24 hours to $1.731 billion from $3.26 billion recorded on July 30, according to DeFiLlama data. The exodus can be attributed to an exploit of the protocol, which increased fears of liquidation and bad debt…
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Coinbase CEO claims SEC said ‘every asset other than Bitcoin is a security’
[ad_1] The US Securities and Exchange Commission (SEC) reportedly asked Coinbase to stop trading in all cryptocurrencies besides Bitcoin. In an interview with the Financial Times, Brian Armstrong, Coinbase CEO, revealed the US Securities and Exchange Commission (SEC) asked Coinbase to halt trading in all cryptocurrencies except Bitcoin before launching its legal attack against the…
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AIs will organize using DAOs on public blockchains like Ethereum, says BitMEX co-founder Arthur Hayes
[ad_1] Arthur Hayes, the co-founder of crypto exchange BitMEX, believes artificial intelligence (AIs) will use decentralized autonomous organizations (DAOs) to organize themselves. In a blog post, Hayes wrote: “The DAO structure will allow AIs and humans to collaborate and serve as the organisational structure that allows the AI + human economy to grow and flourish.”…
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DAOs face growth barriers due to complexity and centralization issues
[ad_1] The decentralized autonomous organization (DAO), as a form of organizational structure, has all the potential to be the future of organizing for any group size, type, and purpose. DAOs are built with transparency, democratization, and automation in mind — making them ideal for any organization that wants to govern effectively and equitably, in theory.…