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It is also planned to reduce transaction finalization time to 18 seconds and lower the staking threshold to 1 ETH.
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A year ago, their shares soared to $107 after news of the creation of a $425 million Ethereum treasury, but then the quotes collapsed by about 96% from their peak.
Now the company is betting not on crypto reserves, but on the tokenization of real-world assets (RWA).
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๐ช The Board of Directors of GD Culture Group authorized the sale of 7500 BTC from the company's treasury.
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๐ฎ Prediction platform Kalshi for the first time revealed information about insider trading cases โ in one instance an employee of the most popular YouTube blogger MrBeast placed bets on outcomes, related to his videos, having access to non-public information.
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Currently, even the fastest networks operate at thousands of TPS, so the gap between reality and the demands of the "AI era" is colossal.
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๐ In January, the volume of stablecoin transfers exceeded $10.5 trillion โ the highest value since April 2022.
The majority of operations accounted for USDC from Circle โ $8.3 trillion, USDT's indicator was $1.7 trillion, and DAI took third place with a value of $138 billion.
For incomplete February, the volume of stablecoin transactions reached $7.8 trillion.
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The majority of operations accounted for USDC from Circle โ $8.3 trillion, USDT's indicator was $1.7 trillion, and DAI took third place with a value of $138 billion.
For incomplete February, the volume of stablecoin transactions reached $7.8 trillion.
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๐ฟ Several Axiom employees used internal company data for insider trading, reported crypto investigator ZachXBT. This refers to the abuse of official information for personal gain.
Axiom is a cryptocurrency trading platform (and infrastructure provider) that works with on-chain data and tools for traders.
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Axiom is a cryptocurrency trading platform (and infrastructure provider) that works with on-chain data and tools for traders.
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Meanwhile, three hours before the accusations were published, two newly created anonymous wallets placed bets on Axiom totaling $59,800 and earned about $109 000 in a short time.
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๐ท๐บ In the Astrakhan region, an illegal mining farm was uncovered โ 136 devices connected to a 10 kV network via two transformers and stole electricity worth almost 40,000,000 rubles.
According to "Rosseti Yug", the volume of illegal consumption amounted to about 3.2 million kWh. Now law enforcement agencies are identifying those involved.
It seems someone decided that hashrate is more important than the meter.
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According to "Rosseti Yug", the volume of illegal consumption amounted to about 3.2 million kWh. Now law enforcement agencies are identifying those involved.
It seems someone decided that hashrate is more important than the meter.
@DeCenterOrg
๐ท๐บ Russians' crypto transactions may fall under new restrictions โ according to the discussed version of the bill by the Central Bank and the Ministry of Finance, operations for the purchase, sale, and transfer of crypto assets are planned to be filtered through a "banking filter".
In addition, it is proposed the creation of a black list of market participants โ banks will automatically reject transfers to them.
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In addition, it is proposed the creation of a black list of market participants โ banks will automatically reject transfers to them.
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๐ฆ Moscow Exchange prepares to start cryptocurrency trading โthe platform is already testing trading processes together with brokers and preparing for the start of crypto trading.
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๐ An OTC whale, who aggressively bought BTC and ETH at the start of the market downturn, seems to capitulate โ he sold 23,500 ETH for $47.8 million to cover loans.
From January 8 to February 2, he accumulated 163,405 ETH for $440 million at an average of $2691, and then from February 2 to February 5, he bought an additional 4,000 cbBTC for $296 million at $74,004.
Now his position is deeply in the red โ about $135 million. It seems even large players cannot withstand market pressure.
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From January 8 to February 2, he accumulated 163,405 ETH for $440 million at an average of $2691, and then from February 2 to February 5, he bought an additional 4,000 cbBTC for $296 million at $74,004.
Now his position is deeply in the red โ about $135 million. It seems even large players cannot withstand market pressure.
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But he does not believe in its role as the money of the future. His prediction is harsh: by 2050, BTC could be worth less than $10,000 in today's prices โ and possibly much lower.
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The main impact came from the revaluation of Bitcoin reserves amid the falling exchange rate; while hashrate grew to 66.4 EH/s, mining decreased, and the cost of electricity per BTC increased to $48,611.
Despite the weak report, shares rose by more than 15% after the announcement of the launch of a joint AI project with Starwood Capital Group for the construction of data centers with a capacity of up to 2.5 GW.
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๐ณ What percentage of a portfolio in BTC is recommended on Wall Street:
๐ด Fidelity โ 2โ5%
๐ด Bank of America โ 1โ4%
๐ด Morgan Stanley โ 0โ4%
๐ด BlackRock โ 1โ2%
๐ด WisdomTree โ 0.5โ1.5%
๐ด JPMorgan Chase โ 0.5โ1%
In general, large financial institutions view Bitcoin as a small diversification addition to a portfolio, not its foundation.
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๐ด Fidelity โ 2โ5%
๐ด Bank of America โ 1โ4%
๐ด Morgan Stanley โ 0โ4%
๐ด BlackRock โ 1โ2%
๐ด WisdomTree โ 0.5โ1.5%
๐ด JPMorgan Chase โ 0.5โ1%
In general, large financial institutions view Bitcoin as a small diversification addition to a portfolio, not its foundation.
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