Mysten Labs Technology Prototype on Sui Provides First Proof of Elastic Blockchain Scaling
Coincu (RSS)
Palo Alto, California, March 20th, 2024, Chainwire Pilotfish, a prototype Sui extension, was able to grow smart contract execution throughput in direct proportion to the number of machines used. Mysten Labs, a team of leading distributed systems, programming languages, and cryptography experts and originators of the Sui Network, today announced a landmark achievement in scalingRead more...
Coincu News
Coincu (RSS)
Palo Alto, California, March 20th, 2024, Chainwire Pilotfish, a prototype Sui extension, was able to grow smart contract execution throughput in direct proportion to the number of machines used. Mysten Labs, a team of leading distributed systems, programming languages, and cryptography experts and originators of the Sui Network, today announced a landmark achievement in scalingRead more...
Coincu News
QCP Analysis Report: Bitcoin Bull Market Can Reach New Highs After Fed Interest Rate
Coincu (RSS)
The Bitcoin bull market continues despite recent fluctuations, with QCP Analysis predicting upward momentum post-halving in April.Read more...
Coincu News
Coincu (RSS)
The Bitcoin bull market continues despite recent fluctuations, with QCP Analysis predicting upward momentum post-halving in April.Read more...
Coincu News
Starknet Roadmap Announced: Parallel Transactions Functionality Will Release In Q2
Coincu (RSS)
The Starknet roadmap has now been announced, with priority given to reducing transaction fees on the Ethereum Layer 2 network.Read more...
Coincu News
Coincu (RSS)
The Starknet roadmap has now been announced, with priority given to reducing transaction fees on the Ethereum Layer 2 network.Read more...
Coincu News
Uzbekistan increases fees for crypto operations
Cointelegraph.com News (RSS)
The National Agency for Prospective Projects (NAPP) anticipates the revenue generated from this sector to double once the new structure is in place.
Cointelegraph.com News (RSS)
The National Agency for Prospective Projects (NAPP) anticipates the revenue generated from this sector to double once the new structure is in place.
Kraken Unveils Qualified Custody for Institutions in Crypto-Friendly Wyoming
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Kraken Institutional operates under the exchange’s state-chartered banking license in Wyoming, attained back in 2020.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Kraken Institutional operates under the exchange’s state-chartered banking license in Wyoming, attained back in 2020.
Tornado Cash Dev Pertsev's $1.2B Money Laundering Allegations Detailed Ahead of Dutch Trial
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Pertsev's trial is set to take place on March 26 and 27 in a 'S-Hertegonbosch court.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Pertsev's trial is set to take place on March 26 and 27 in a 'S-Hertegonbosch court.
Saudi Arabia Announces $40 Billion Investment in Artificial Intelligence
Cryptopolitan (RSS)
Saudi Arabia is poised to embark on a significant venture into the realm of artificial intelligence (AI), with plans to establish a substantial fund amounting to approximately $40 billion. The endeavor aims to bolster the country’s presence in the global AI landscape, according to sources familiar with the matter as reported by The New York Times.
Massive investment fund
The Saudi government, through its Public Investment Fund (PIF), is gearing up to inaugurate a fund dedicated to AI investments, signaling a major stride towards technological advancement. The fund, anticipated to commence in the latter half of 2024, is expected to serve as a catalyst for fostering innovation in various AI-related sectors.
Representatives from the PIF have engaged in discussions with prominent U.S. venture capital firm Andreessen Horowitz regarding potential collaboration. Talks have revolved around the prosp...
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Cryptopolitan (RSS)
Saudi Arabia is poised to embark on a significant venture into the realm of artificial intelligence (AI), with plans to establish a substantial fund amounting to approximately $40 billion. The endeavor aims to bolster the country’s presence in the global AI landscape, according to sources familiar with the matter as reported by The New York Times.
Massive investment fund
The Saudi government, through its Public Investment Fund (PIF), is gearing up to inaugurate a fund dedicated to AI investments, signaling a major stride towards technological advancement. The fund, anticipated to commence in the latter half of 2024, is expected to serve as a catalyst for fostering innovation in various AI-related sectors.
Representatives from the PIF have engaged in discussions with prominent U.S. venture capital firm Andreessen Horowitz regarding potential collaboration. Talks have revolved around the prosp...
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Major AI-related Tokens Rally Amid Volatile Crypto Market
Cryptopolitan (RSS)
In a period of turbulence within the broader cryptocurrency market, major AI-related tokens have surged significantly over the past 24 hours, showcasing resilience amidst market fluctuations.
Despite a downturn in the wider cryptocurrency market, major AI-related tokens have surged in the past 24 hours, with notable gains observed in the native cryptocurrencies associated with SingularityNET and Fetch.ai. Fetch.ai’s native token (FET) has seen an impressive increase of over 11%, while SingularityNET’s token has surged by more than 9%.
Fetch.ai sees remarkable month-long rally
Fetch.ai, renowned for its utilization of AI and machine learning to automate business tasks, has particularly stood out with a remarkable rally of almost 170% over the past month. This surge underscores the growing interest and confidence in AI-driven technologies within the cryptocurrency sphere.
Among the top ten AI-related tokens...
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Cryptopolitan (RSS)
In a period of turbulence within the broader cryptocurrency market, major AI-related tokens have surged significantly over the past 24 hours, showcasing resilience amidst market fluctuations.
Despite a downturn in the wider cryptocurrency market, major AI-related tokens have surged in the past 24 hours, with notable gains observed in the native cryptocurrencies associated with SingularityNET and Fetch.ai. Fetch.ai’s native token (FET) has seen an impressive increase of over 11%, while SingularityNET’s token has surged by more than 9%.
Fetch.ai sees remarkable month-long rally
Fetch.ai, renowned for its utilization of AI and machine learning to automate business tasks, has particularly stood out with a remarkable rally of almost 170% over the past month. This surge underscores the growing interest and confidence in AI-driven technologies within the cryptocurrency sphere.
Among the top ten AI-related tokens...
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What’s the Fake News and AI Battle in the 2024 Election?
Cryptopolitan (RSS)
As the race for the 2024 election heats up, concerns over online fake news are rising. In a bid to protect voters, Springfield is taking action against misleading content. With AI tech growing fast, the fear is that fake videos could confuse voters.
Tech giants unite against fake news
Leaders in the tech world, including giants like Google, Microsoft, Meta, TikTok, and OpenAI, are joining forces. The goal is to make it easier for users to spot fake content. They’re adding special markers to AI-created images and videos, much like digital watermarks. This initiative aims to cut down on the spread of false political content.
Legislation in the works
Springfield is also moving to put legal guardrails around AI technology. A new bill up for discussion aims to regulate how AI can be used, especially with the November elections in mind. The fast pace at which AI can create realistic fakes is alarming. It’s not ...
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Cryptopolitan (RSS)
As the race for the 2024 election heats up, concerns over online fake news are rising. In a bid to protect voters, Springfield is taking action against misleading content. With AI tech growing fast, the fear is that fake videos could confuse voters.
Tech giants unite against fake news
Leaders in the tech world, including giants like Google, Microsoft, Meta, TikTok, and OpenAI, are joining forces. The goal is to make it easier for users to spot fake content. They’re adding special markers to AI-created images and videos, much like digital watermarks. This initiative aims to cut down on the spread of false political content.
Legislation in the works
Springfield is also moving to put legal guardrails around AI technology. A new bill up for discussion aims to regulate how AI can be used, especially with the November elections in mind. The fast pace at which AI can create realistic fakes is alarming. It’s not ...
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Resilient S&P 500 Hits Record Levels Despite Fed’s Rate Cut Outlook
Cryptopolitan (RSS)
Despite the Federal Reserve’s indication of an imminent end to any hopes of a rate cut in March, the S&P 500 index has shown remarkable resilience, hovering just shy of an all-time high. The disconnect between interest rates and equity markets has puzzled analysts, prompting closer scrutiny of market dynamics.
Fed’s influence on market sentiment
Analysis of the SPDR S&P 500 ETF (SPY) reveals a curious trend: during the Fed’s aggressive rate hikes up to 2022, the index exhibited a downward trajectory. However, as the Fed adopted a more tempered approach to rate increases in 2023, investor sentiment shifted positively, propelling the index upward. A notable downturn followed the Fed’s final hike in July 2023 in the index, signaling investors’ sensitivity to monetary policy.
The pivotal moment arrived in ...
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Cryptopolitan (RSS)
Despite the Federal Reserve’s indication of an imminent end to any hopes of a rate cut in March, the S&P 500 index has shown remarkable resilience, hovering just shy of an all-time high. The disconnect between interest rates and equity markets has puzzled analysts, prompting closer scrutiny of market dynamics.
Fed’s influence on market sentiment
Analysis of the SPDR S&P 500 ETF (SPY) reveals a curious trend: during the Fed’s aggressive rate hikes up to 2022, the index exhibited a downward trajectory. However, as the Fed adopted a more tempered approach to rate increases in 2023, investor sentiment shifted positively, propelling the index upward. A notable downturn followed the Fed’s final hike in July 2023 in the index, signaling investors’ sensitivity to monetary policy.
The pivotal moment arrived in ...
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Genesis Global to pay $21 million civil penalty in SEC settlement
Cryptopolitan (RSS)
Genesis Global has found itself in a bit of a pickle, agreeing to fork over a cool $21 million in civil penalties. Why, you ask? Well, it appears they’ve been a bit naughty, dabbling in the unregistered offer and sale of securities via something called the Gemini Earn program. It’s a huge price to tag on a mistake, but then again, when you’re playing in the big leagues of crypto lending, the stakes are just as colossal.
The drama unfolds in Washington D.C., where the Securities and Exchange Commission (SEC), essentially the hall monitors of the financial world, dropped the hammer on Genesis. These guys had the audacity to offer up a retail crypto lending product without registering it first. Imagine selling concert tickets without a venue; it’s a no-go from the start. And in the grand scheme of things, this $21 million penalty is the SEC’...
View original post
Cryptopolitan (RSS)
Genesis Global has found itself in a bit of a pickle, agreeing to fork over a cool $21 million in civil penalties. Why, you ask? Well, it appears they’ve been a bit naughty, dabbling in the unregistered offer and sale of securities via something called the Gemini Earn program. It’s a huge price to tag on a mistake, but then again, when you’re playing in the big leagues of crypto lending, the stakes are just as colossal.
The drama unfolds in Washington D.C., where the Securities and Exchange Commission (SEC), essentially the hall monitors of the financial world, dropped the hammer on Genesis. These guys had the audacity to offer up a retail crypto lending product without registering it first. Imagine selling concert tickets without a venue; it’s a no-go from the start. And in the grand scheme of things, this $21 million penalty is the SEC’...
View original post
U.S. economy’s growth forces Fed to rethink rate cut strategy
Cryptopolitan (RSS)
The tables have turned for the U.S. economy, leaving everyone wide-eyed and bushy-tailed. Gone are the days when the U.S. was the delicate flower of the global garden, wilting without the Federal Reserve’s nurturing low rates. Recent data throws a wrench in the works, showing an economy that’s not only standing tall but also flexing its muscles, forcing the Fed to second-guess its plans for cutting rates sooner rather than later.
The Tug-of-War: Growth vs. Interest Rates
It’s a bit of a spectacle, really. On one side, you’ve got the U.S. economy, doing its best impression of an overachiever by dodging the recession bullet and eyeing what experts like to call a “soft landin...
View original post
Cryptopolitan (RSS)
The tables have turned for the U.S. economy, leaving everyone wide-eyed and bushy-tailed. Gone are the days when the U.S. was the delicate flower of the global garden, wilting without the Federal Reserve’s nurturing low rates. Recent data throws a wrench in the works, showing an economy that’s not only standing tall but also flexing its muscles, forcing the Fed to second-guess its plans for cutting rates sooner rather than later.
The Tug-of-War: Growth vs. Interest Rates
It’s a bit of a spectacle, really. On one side, you’ve got the U.S. economy, doing its best impression of an overachiever by dodging the recession bullet and eyeing what experts like to call a “soft landin...
View original post
Microsoft Rewards on Xbox: Big Changes Ahead
Cryptopolitan (RSS)
Microsoft has announced a major change in its Rewards program for Xbox users. In April, the familiar Microsoft Rewards App on Xbox will see its end. This change will result in the discontinuation of the popular weekly streaks feature. Users are encouraged to transition to the Rewards hub, a platform introduced last year, for all their Xbox activities and offers.
Moving to Microsoft Rewards Hub
Starting in April, the Rewards hub will become the central spot for earning points through gaming. Microsoft plans to cease publishing tasks and offers in the existing app on the console. The final weekly set and streak tasks will wrap up by April 15, 2024. The company promises the Rewards hub will offer a more streamlined experience, making it easier for users to engage with Xbox activities, set goals, and redeem rewards. The hub is not just limited to console users but is also accessible on other devices, ensuring a unified expe...
View original post
Cryptopolitan (RSS)
Microsoft has announced a major change in its Rewards program for Xbox users. In April, the familiar Microsoft Rewards App on Xbox will see its end. This change will result in the discontinuation of the popular weekly streaks feature. Users are encouraged to transition to the Rewards hub, a platform introduced last year, for all their Xbox activities and offers.
Moving to Microsoft Rewards Hub
Starting in April, the Rewards hub will become the central spot for earning points through gaming. Microsoft plans to cease publishing tasks and offers in the existing app on the console. The final weekly set and streak tasks will wrap up by April 15, 2024. The company promises the Rewards hub will offer a more streamlined experience, making it easier for users to engage with Xbox activities, set goals, and redeem rewards. The hub is not just limited to console users but is also accessible on other devices, ensuring a unified expe...
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European Commission to Launch Selection Procedure for AI Office Head Following Approval of AI Act
Cryptopolitan (RSS)
The European Commission is poised to initiate the selection process for the head of its AI Office once the AI Act receives full approval, which is anticipated in May. Until then, policy units A1 and A2 in DG CONNECT will temporarily oversee the AI Office’s tasks.
Establishment of the AI office
Last month, on February 21, the European Commission established the AI Office, with operational activities set to commence in the forthcoming months. The recruitment process for policy and technical roles within the office has already commenced, with applications accepted until March 27. According to the job advertisement, prospective employees can anticipate starting their roles tentatively in autumn.
The AI Office, an internal department within the commission, is tasked with supervising regulat...
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Cryptopolitan (RSS)
The European Commission is poised to initiate the selection process for the head of its AI Office once the AI Act receives full approval, which is anticipated in May. Until then, policy units A1 and A2 in DG CONNECT will temporarily oversee the AI Office’s tasks.
Establishment of the AI office
Last month, on February 21, the European Commission established the AI Office, with operational activities set to commence in the forthcoming months. The recruitment process for policy and technical roles within the office has already commenced, with applications accepted until March 27. According to the job advertisement, prospective employees can anticipate starting their roles tentatively in autumn.
The AI Office, an internal department within the commission, is tasked with supervising regulat...
View original post
Leonardo AI Unveils Groundbreaking Transparency Feature for PNG Images
Cryptopolitan (RSS)
Leonardo AI emerges as a game-changer with its latest Transparency feature, revolutionizing the creation of transparent PNG files. By seamlessly integrating cutting-edge AI technology, the platform offers a hassle-free solution to the arduous task of background removal, promising users pristine images with unparalleled ease and efficiency.
Simplifying image composition with transparency
Leonardo AI’s Transparency feature streamlines the process of generating transparent PNG images, eliminating the painstaking task of manually removing backgrounds. With a simple toggle switch located within the “Image Generation” section of the platform, users can activate the Transparency tool, setting the stage for effortless image manipulation.
Unlike conventional background removal methods, Leonardo AI’s Transparency feature boasts true native transparent image diffusion, characterized by impeccable precisi...
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Cryptopolitan (RSS)
Leonardo AI emerges as a game-changer with its latest Transparency feature, revolutionizing the creation of transparent PNG files. By seamlessly integrating cutting-edge AI technology, the platform offers a hassle-free solution to the arduous task of background removal, promising users pristine images with unparalleled ease and efficiency.
Simplifying image composition with transparency
Leonardo AI’s Transparency feature streamlines the process of generating transparent PNG images, eliminating the painstaking task of manually removing backgrounds. With a simple toggle switch located within the “Image Generation” section of the platform, users can activate the Transparency tool, setting the stage for effortless image manipulation.
Unlike conventional background removal methods, Leonardo AI’s Transparency feature boasts true native transparent image diffusion, characterized by impeccable precisi...
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Tornado Cash founder faces Dutch money laundering charges
Cryptopolitan (RSS)
The founder of Tornado Cash, Alexey Pertsev, finds himself embroiled in legal turmoil as Dutch prosecutors pursue charges related to alleged money laundering activities amounting to $1.2 billion in crypto assets. The case, reported by DL News, underscores the growing prominence of Pertsev in the realm of crypto crime rather than for the intended service of his company.
Tornado Cash founder’s legal troubles deepen
According to reports, Dutch prosecutors have focused on 36 transactions deemed illicit, with the highest involving 175 ETH from the Axie Infinity-linked crypto protocol Ronin Bridge. Additionally, transactions related to decentralized protocols like Harmony and Nomad Bridge have also come under scrutiny.
Pertsev’s lawyer, Keith Cheng, revealed that prosecutors have broadly accused Pertsev of money launde...
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Cryptopolitan (RSS)
The founder of Tornado Cash, Alexey Pertsev, finds himself embroiled in legal turmoil as Dutch prosecutors pursue charges related to alleged money laundering activities amounting to $1.2 billion in crypto assets. The case, reported by DL News, underscores the growing prominence of Pertsev in the realm of crypto crime rather than for the intended service of his company.
Tornado Cash founder’s legal troubles deepen
According to reports, Dutch prosecutors have focused on 36 transactions deemed illicit, with the highest involving 175 ETH from the Axie Infinity-linked crypto protocol Ronin Bridge. Additionally, transactions related to decentralized protocols like Harmony and Nomad Bridge have also come under scrutiny.
Pertsev’s lawyer, Keith Cheng, revealed that prosecutors have broadly accused Pertsev of money launde...
View original post
LUNC and USTC Price Rises As Terra Luna Classic Holders Hit Record High
CoinGape (RSS)
Terra Luna Classic has hit a new milestone as the number of LUNC and USTC holders hit a new high of 5.5 million. The rate of increase is comparatively low to the post-Terra Luna crisis in 2022, but the number of wallets holding Terra Luna Classic ecosystem tokens continues to rise, primarily due to support from Binance and other crypto exchanges.
Terra Luna Classic Wallets Rises Over 5.5 Million
The number of accounts holding LUNC and USTC reaches a new landmark of 5.5 million, as per data by Cosmos blockchain explorer ATOMScan. The wallets have increased from 5 million when the Terra Luna Classic community backed by validators and developers took charge to revive the chain.
Terra Classic accounts are even higher than top cryptocurrencies such as Card...
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CoinGape (RSS)
Terra Luna Classic has hit a new milestone as the number of LUNC and USTC holders hit a new high of 5.5 million. The rate of increase is comparatively low to the post-Terra Luna crisis in 2022, but the number of wallets holding Terra Luna Classic ecosystem tokens continues to rise, primarily due to support from Binance and other crypto exchanges.
Terra Luna Classic Wallets Rises Over 5.5 Million
The number of accounts holding LUNC and USTC reaches a new landmark of 5.5 million, as per data by Cosmos blockchain explorer ATOMScan. The wallets have increased from 5 million when the Terra Luna Classic community backed by validators and developers took charge to revive the chain.
Terra Classic accounts are even higher than top cryptocurrencies such as Card...
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Just-In: Robinhood Launches Wallet for Android Users to Push Crypto Adoption
CoinGape (RSS)
Robinhood Markets on Wednesday said it has launched Robinhood Wallet for Android users around the globe. This expands Robinhood mission to push for crypto adoption while making Robinhood the most trusted and easiest way to use crypto.
Robinhood Wallet Launch for Android Users
Commission-free stocks and crypto trading app Robinhood in a press release on March 20 announced the launch of Robinhood Wallet for Android users. This is a significant step towards crypto adoption as Android holds a 70% share of the global mobile OS market.
“Launching Robinhood Wallet on Android is a big step forward in our commitment to make crypto more accessible and seamlessly integrated into daily life for millions of people around the world, ” said Johann Kerbrat, GM of Robinhood Crypto.
The timing of the launch is crucial as the cry...
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CoinGape (RSS)
Robinhood Markets on Wednesday said it has launched Robinhood Wallet for Android users around the globe. This expands Robinhood mission to push for crypto adoption while making Robinhood the most trusted and easiest way to use crypto.
Robinhood Wallet Launch for Android Users
Commission-free stocks and crypto trading app Robinhood in a press release on March 20 announced the launch of Robinhood Wallet for Android users. This is a significant step towards crypto adoption as Android holds a 70% share of the global mobile OS market.
“Launching Robinhood Wallet on Android is a big step forward in our commitment to make crypto more accessible and seamlessly integrated into daily life for millions of people around the world, ” said Johann Kerbrat, GM of Robinhood Crypto.
The timing of the launch is crucial as the cry...
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Bitcoin Price Surge to $75,000 Exposes $5B Short to Liquidation, What Next?
CoinGape (RSS)
Bitcoin, the leading cryptocurrency, has recently witnessed a tumultuous journey in its price trajectory. After enduring a period of bearish sentiment, there has been a notable resurgence, propelling Bitcoin predictions towards the much discussed $75,000 threshold. However, amidst this fervent optimism, cautionary flags are being raised by industry analysts. They highlight the looming specter of significant liquidations should Bitcoin breach the $75,000 mark.
The projected liquidations are estimated to reach a staggering $5 billion, a figure that underscores the potential for heightened volatility and market turbulence. This warning stems from the anticipation that short traders, facing margin calls, will scramble to cover their positions by purchasing Bitc...
View original post
CoinGape (RSS)
Bitcoin, the leading cryptocurrency, has recently witnessed a tumultuous journey in its price trajectory. After enduring a period of bearish sentiment, there has been a notable resurgence, propelling Bitcoin predictions towards the much discussed $75,000 threshold. However, amidst this fervent optimism, cautionary flags are being raised by industry analysts. They highlight the looming specter of significant liquidations should Bitcoin breach the $75,000 mark.
The projected liquidations are estimated to reach a staggering $5 billion, a figure that underscores the potential for heightened volatility and market turbulence. This warning stems from the anticipation that short traders, facing margin calls, will scramble to cover their positions by purchasing Bitc...
View original post
Toncoin Price Soars 10% Amid $115M TON Distribution Announcement
CoinGape (RSS)
The Toncoin (TON) has captured the attention of investors with a remarkable 10% surge in its price today, coinciding with the announcement of a substantial distribution plan. The Ton Foundation unveiled its intention to distribute $115 million worth of Toncoin in April through its Open League initiative.
Notably, this strategic move has sparked optimism and heightened interest in Toncoin’s future trajectory.
Ton Foundation To Distribute $115M Toncoin (TON)
Toncoin (TON) enthusiasts witnessed an impressive uptick in the cryptocurrency’s value, as it surged nearly 10% amid the anticipation surrounding the distribution of $115 million worth of Toncoin. The Ton Foundation, in a recent blog post, revealed its plans for The Open League Season 1, set to commence on April 1.
According to the foundation,...
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CoinGape (RSS)
The Toncoin (TON) has captured the attention of investors with a remarkable 10% surge in its price today, coinciding with the announcement of a substantial distribution plan. The Ton Foundation unveiled its intention to distribute $115 million worth of Toncoin in April through its Open League initiative.
Notably, this strategic move has sparked optimism and heightened interest in Toncoin’s future trajectory.
Ton Foundation To Distribute $115M Toncoin (TON)
Toncoin (TON) enthusiasts witnessed an impressive uptick in the cryptocurrency’s value, as it surged nearly 10% amid the anticipation surrounding the distribution of $115 million worth of Toncoin. The Ton Foundation, in a recent blog post, revealed its plans for The Open League Season 1, set to commence on April 1.
According to the foundation,...
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