π·πΊ Alfa-Bank proposed to join forces to create a liquid stablecoin in Russia, which will be able to compete with global crypto players, such as Binance.
@DeCenterOrg
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π Investors have been withdrawing money from spot Bitcoin ETFs for 8 consecutive weeks β a total of $8.3 billion has left the funds during this period.
Only last week, the net outflow amounted to $526 million.
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Only last week, the net outflow amounted to $526 million.
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At the same time, the company Bitmine holds almost 5% of all ETH and earns more from staking than the organization that once launched Ethereum.
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π In June, stablecoin transaction volume reached a record high of $1.79 trillion β the indicator grew by 63% compared to May and by 125% year-on-year.
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βοΈ Vitalik Buterin proposed to significantly simplify Ethereum β part of the load to remove from the Beacon Chain and transfer to validators, and the network instead of constant calculations will verify ZK-proofs.
The idea is that Ethereum could comfortably live with millions of validators, load the network less and at the same time give participants more privacy through regular public key changes.
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The idea is that Ethereum could comfortably live with millions of validators, load the network less and at the same time give participants more privacy through regular public key changes.
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πΏ Tokens worth $20,000,000 were withdrawn from the BonkDAO treasury β the project team stated that it was a "malicious governance attack through a sham proposal".
Do we believe it? π¬
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Do we believe it? π¬
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Analysts note that such a level of pressure on miners was previously observed only before major market reversals in 2015, 2018, and 2020, which is why some investors consider this a potential signal of a market bottom formation.
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πΊπΈ Trump administration's plan to create a Bitcoin reserve has encountered legal and bureaucratic obstacles β Bloomberg.
Initially, the reserve was expected to be managed by the U.S. Treasury, but officials are questioning whether the department has the legal authority to store and manage government BTC.
The administration is now evaluating alternative structures, including transferring the reserve under the jurisdiction of the Department of Commerce, while legal counsel from the Department of Justice is working with both agencies to determine a legally viable structure.
@DeCenterOrg
Initially, the reserve was expected to be managed by the U.S. Treasury, but officials are questioning whether the department has the legal authority to store and manage government BTC.
The administration is now evaluating alternative structures, including transferring the reserve under the jurisdiction of the Department of Commerce, while legal counsel from the Department of Justice is working with both agencies to determine a legally viable structure.
@DeCenterOrg
Recall, Tether left the European market after the MiCA rules came into effect.
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πͺ Michael Saylor stated that yesterday's BTC sale β a tactically sound opportunity to obtain tax benefits (due to a realized loss) and support the STRC program.
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Simply put, Bitcoin on Coinbase is trading cheaper than on other major exchanges, and this usually indicates weak demand and a predominance of sellers from the US side.
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π·πΊ In Moscow, a 17-year-old teenager came to "Moscow City" to buy cryptocurrency for 1,500,000 rubles, obtained from selling a car, but the deal fell through β after leaving the building, he was pulled out of a taxi and his bag with money was taken.
Police detained three suspects, part of the sum has already been seized, a case was initiated under the article on grand larceny, which carries up to 12 years in prison.
@DeCenterOrg
Police detained three suspects, part of the sum has already been seized, a case was initiated under the article on grand larceny, which carries up to 12 years in prison.
@DeCenterOrg
π§πΎ Belarus wants to expand crypto regulation β they are already discussing the legalization of copy trading, airdrops, and trust management of cryptocurrency.
In parallel, the country is launching a format for crypto banks β they will be able to work with crypto deposits, tokens, loans, staking, transfers, and cryptocurrency exchange.
@DeCenterOrg
In parallel, the country is launching a format for crypto banks β they will be able to work with crypto deposits, tokens, loans, staking, transfers, and cryptocurrency exchange.
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If the license is approved, Kraken will be able to go beyond a regular crypto exchange and follow the path of Revolut β offering broader financial services under European regulation.
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π·πΊ In Russia, a bill on cryptocurrency market regulation has been prepared for its second reading β Aksakov.
The document introduces judicial protection for cryptocurrency owners, divides investors into qualified and unqualified, and also allows licensed brokers to work with foreign crypto exchanges and use cryptocurrency for international settlements and attracting foreign investments.
@DeCenterOrg
The document introduces judicial protection for cryptocurrency owners, divides investors into qualified and unqualified, and also allows licensed brokers to work with foreign crypto exchanges and use cryptocurrency for international settlements and attracting foreign investments.
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The first phase will become operational in the second half of 2027, with full launch in early 2028. The contract value exceeds TeraWulf's current market capitalization, which is about $10 billion.
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