In 2023, Binance pleaded guilty to AML violations, operating without a license, and violating sanctions, paying a $4.3 billion fine.
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If training costs start to be cut because of this, data centers, chips, and related debts will be hit, and potential US support for the industry, in his opinion, will ultimately add dollar liquidity and play in favor of Bitcoin.
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Currently, everything works only on the testnet, but the idea is simple β to give machines their own payment layer for the internet.
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π€ Ancient Bitcoin whale woke up after 14 years of inactivity and transferred 600 BTC to a new wallet β the user received these coins in 2012, when Bitcoin was trading at just $8.
Back then, the coins were worth about $4800, now β over $50 million.
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Back then, the coins were worth about $4800, now β over $50 million.
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The main goal is β to make the digital dollar more accessible for savings, payments, and remittances.
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π° Bitcoin will be mined directly in space β Nvidia-backed startup Starcloud plans to send a satellite with BTC mining equipment into orbit by the end of the year.
The calculation relies on almost continuous solar energy and cooling by radiating heat into space β the company expects to be the first to mine coins outside of Earth.
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The calculation relies on almost continuous solar energy and cooling by radiating heat into space β the company expects to be the first to mine coins outside of Earth.
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The Alpenglow update has already been launched on the testnet and should make transfers almost instant for exchanges, payment services, and regular users.
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πΊπ¦ Binance will cease support for hryvnia deposits and withdrawals starting September 28 β the exchange will also delist the USDT/UAH spot pair.
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The network is planned to be transitioned to STARK technology, to speed up transaction processing and increase privacy without the need for all participants to re-verify each operation.
In the future, blocks will be created jointly by 16 participants, and final transaction confirmation may decrease from the current 16 minutes to 8β32 seconds.
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π³ BlackRock believes, that blockchain could become a payment system for AI agents β in its research, the company describes a future in which AI independently pays for data, buys computing power, and manages assets via smart contracts.
The main tool for such settlements could be stablecoins, although the market is still in its early stages.
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The main tool for such settlements could be stablecoins, although the market is still in its early stages.
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π« BitMEX officially closed after 11 years of operation β users can still log into accounts and withdraw funds.
The exchange was founded back in 2014 by Arthur Hayes, Ben Delo, and Samuel Reed.
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The exchange was founded back in 2014 by Arthur Hayes, Ben Delo, and Samuel Reed.
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π·πΊ Russia intends to put an end to illegal crypto exchangers by July 1, 2027.
By this date, market participants must obtain licenses and switch to operating under new rules, and cryptocurrency exchange outside the regulated system will be prohibited.
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By this date, market participants must obtain licenses and switch to operating under new rules, and cryptocurrency exchange outside the regulated system will be prohibited.
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π Scammers have started offering Russians digital rubles at an "advantageous rate" β posing as bank employees, they convince people to transfer savings to a special account or hand over cash to a courier.
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