Ethereum network activity has dropped to its lowest level since February
Currently, the average daily number of transactions on the ETH network has reached its lowest point since February.
In mid-August, this figure was 1.12 million transactions per day, but it has now decreased to 1.06 million.
Furthermore, trading volume has also significantly declined: in July, it was $6.56 billion, but in August, it has dropped to $2.9 billion.
In July, Ethereum users conducted 35.49 million transactions, but as of now, with four days remaining in August, the number of transactions has only reached 27.27 million.
The altcoin lacks the support needed to surpass the $3,000 mark.
The decline in…
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Currently, the average daily number of transactions on the ETH network has reached its lowest point since February.
In mid-August, this figure was 1.12 million transactions per day, but it has now decreased to 1.06 million.
Furthermore, trading volume has also significantly declined: in July, it was $6.56 billion, but in August, it has dropped to $2.9 billion.
In July, Ethereum users conducted 35.49 million transactions, but as of now, with four days remaining in August, the number of transactions has only reached 27.27 million.
The altcoin lacks the support needed to surpass the $3,000 mark.
The decline in…
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SEC vs. Images
The NFT platform OpenSea has come under scrutiny from the SEC over a potential securities case.
A quote from a post by OpenSea’s CEO, Devin Finzer:
“OpenSea has received a notice from the U.S. Securities and Exchange Commission (SEC) threatening to sue us, claiming that NFTs on our platform are considered securities.
We are shocked that the SEC has taken such drastic action against creators and artists. However, we are ready to stand up and fight.
If we follow this logic, the SEC could classify as securities things like artwork, collectible cards, watches, concert tickets, sneakers, clothing, vinyl…
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The NFT platform OpenSea has come under scrutiny from the SEC over a potential securities case.
A quote from a post by OpenSea’s CEO, Devin Finzer:
“OpenSea has received a notice from the U.S. Securities and Exchange Commission (SEC) threatening to sue us, claiming that NFTs on our platform are considered securities.
We are shocked that the SEC has taken such drastic action against creators and artists. However, we are ready to stand up and fight.
If we follow this logic, the SEC could classify as securities things like artwork, collectible cards, watches, concert tickets, sneakers, clothing, vinyl…
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Donald Trump’s fourth NFT collection sales exceed $2 million
On August 27, former U.S. President Donald Trump unveiled his fourth NFT collection titled Series 4: The America First Collection.
These digital cards feature various images of the politician and are priced at $99 each. Depending on the number of tokens purchased, buyers can expect various bonuses, such as limited edition gold sneakers or the opportunity to dine with Trump.
According to Polygonscan data, over 22,140 tokens have already been minted, with a total value exceeding $2.19 million, and the number of holders has reached 1,193.
If all 360,000 planned NFTs are released, the collection’s revenue will exceed $35…
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On August 27, former U.S. President Donald Trump unveiled his fourth NFT collection titled Series 4: The America First Collection.
These digital cards feature various images of the politician and are priced at $99 each. Depending on the number of tokens purchased, buyers can expect various bonuses, such as limited edition gold sneakers or the opportunity to dine with Trump.
According to Polygonscan data, over 22,140 tokens have already been minted, with a total value exceeding $2.19 million, and the number of holders has reached 1,193.
If all 360,000 planned NFTs are released, the collection’s revenue will exceed $35…
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B2Copy and cTrader
B2Broker, a renowned provider of technology and liquidity for cryptocurrency and forex markets, has announced a strategic integration of its investment platforms, B2Copy and cTrader by Spotware. This integration, as announced in the company’s blog, promises a new level of flexibility and control for cTrader users.
The integration allows traders on the cTrader platform to take advantage of copy trading features through B2Copy, including the ability to close copied trades and disconnect orders associated with the master trader’s positions. Additional features include:
- Six allocation methods that enable flexible investment management;
- The ability to reverse copy trades, offering…
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B2Broker, a renowned provider of technology and liquidity for cryptocurrency and forex markets, has announced a strategic integration of its investment platforms, B2Copy and cTrader by Spotware. This integration, as announced in the company’s blog, promises a new level of flexibility and control for cTrader users.
The integration allows traders on the cTrader platform to take advantage of copy trading features through B2Copy, including the ability to close copied trades and disconnect orders associated with the master trader’s positions. Additional features include:
- Six allocation methods that enable flexible investment management;
- The ability to reverse copy trades, offering…
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Impact of Mt.Gox on Cryptocurrency Liquidity
According to Kaiko analysts, the additional selling pressure associated with the distribution of 47,170 BTC (equivalent to $2.7 billion) held by the Mt.Gox trustee should not significantly impact the liquidity of digital assets. Despite potential effects, the market has already demonstrated the ability to adapt to large-scale liquidations, reducing the risk of a substantial price shock.
The analysts noted that from May to August, investors faced waves of liquidations and sales of coins by clients of bankrupt cryptocurrency companies. One of the main concerns was the payouts from Mt.Gox. During the first distribution wave of 100,000 BTC, the market…
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According to Kaiko analysts, the additional selling pressure associated with the distribution of 47,170 BTC (equivalent to $2.7 billion) held by the Mt.Gox trustee should not significantly impact the liquidity of digital assets. Despite potential effects, the market has already demonstrated the ability to adapt to large-scale liquidations, reducing the risk of a substantial price shock.
The analysts noted that from May to August, investors faced waves of liquidations and sales of coins by clients of bankrupt cryptocurrency companies. One of the main concerns was the payouts from Mt.Gox. During the first distribution wave of 100,000 BTC, the market…
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bybit | bingx | okx | Trading Academy💰 | its-crypto.com
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Forwarded from 🔥Crypto News - Crypto World
Considering the amount of investment in this project as well as partnerships, it's safe to expect a reward on the community.
Before it's too late, come and familiarize yourself
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Cryptocurrency Owners Are More Likely to Exhibit Psychopathic Traits
A study titled “Political, Psychological, and Social Correlates of Cryptocurrency Ownership” revealed that cryptocurrency holders are more prone to exhibiting psychopathic traits and tend to adhere to “non-traditional political identities.” The survey, which included 2,000 Americans, provided the following key findings.
Key Findings of the Study:
- Cryptocurrency owners are predominantly young men with high levels of education, income, and religious beliefs.
- They show a higher propensity for conspiracy thinking and belief in conspiracy theories, distinguishing them from other population groups.
- For news consumption, cryptocurrency owners often rely on alternative social networks like Telegram, avoiding traditional media.…
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A study titled “Political, Psychological, and Social Correlates of Cryptocurrency Ownership” revealed that cryptocurrency holders are more prone to exhibiting psychopathic traits and tend to adhere to “non-traditional political identities.” The survey, which included 2,000 Americans, provided the following key findings.
Key Findings of the Study:
- Cryptocurrency owners are predominantly young men with high levels of education, income, and religious beliefs.
- They show a higher propensity for conspiracy thinking and belief in conspiracy theories, distinguishing them from other population groups.
- For news consumption, cryptocurrency owners often rely on alternative social networks like Telegram, avoiding traditional media.…
👉 Read More
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Forwarded from 🔥Crypto News - Crypto World
The number of active users is only growing, which can't help but please. In addition, the listing date is already known, hurry up!
Here is the most interesting
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Lawyers Earned Over $750 Million from Crypto Company Bankruptcies
22 law firms involved in seven crypto company bankruptcies under Chapter 11 of the U.S. Code have requested or already received fees totaling $751 million, according to Bloomberg Law.
An analysis of court documents conducted by journalists revealed that as of mid-August, the leading recipients of these fees were Sullivan & Cromwell, Kirkland and Ellis, White & Case, and Cleary Gottlieb, which together accounted for $484 million.
Sullivan & Cromwell, managing the FTX bankruptcy, earned $215 million. Kirkland & Ellis issued the second-largest bill, amounting to $120 million. Their clients include companies such as Voyager, BlockFi, and Celsius, with…
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22 law firms involved in seven crypto company bankruptcies under Chapter 11 of the U.S. Code have requested or already received fees totaling $751 million, according to Bloomberg Law.
An analysis of court documents conducted by journalists revealed that as of mid-August, the leading recipients of these fees were Sullivan & Cromwell, Kirkland and Ellis, White & Case, and Cleary Gottlieb, which together accounted for $484 million.
Sullivan & Cromwell, managing the FTX bankruptcy, earned $215 million. Kirkland & Ellis issued the second-largest bill, amounting to $120 million. Their clients include companies such as Voyager, BlockFi, and Celsius, with…
👉 Read More
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Forwarded from 🔥Crypto News - Crypto World
Love the fact that the project combines advanced blockchain and encryption technologies.
In the meantime, we are waiting for accurate information on the drop and listing:
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Forwarded from 😎Crypto Vestor - Crypto Trends
The registration of new USDT addresses has reached a record high over the past six months
Indicating growing interest in this stablecoin and increasing activity in the cryptocurrency market.
USDT continues to maintain its undisputed leadership among stablecoins, accumulating $117 billion in assets, while the total market capitalization of all stablecoins is rapidly approaching $169 billion. This reflects ongoing trust in stablecoins as a tool for capital preservation in times of market volatility.
The primary networks for USDT remain Tron and Ethereum, where the supply has reached an impressive $58.68 billion and $46.18 billion, respectively. These platforms offer high transaction speed and low fees, making them preferred choices for USDT users.
In addition to Tron and Ethereum, USDT is actively used across other networks such as BNB Chain, Arbitrum, Avalanche, Optimism, Polygon, Solana, TON, and Near. This demonstrates the broad integration of USDT into the blockchain ecosystem,…
Indicating growing interest in this stablecoin and increasing activity in the cryptocurrency market.
USDT continues to maintain its undisputed leadership among stablecoins, accumulating $117 billion in assets, while the total market capitalization of all stablecoins is rapidly approaching $169 billion. This reflects ongoing trust in stablecoins as a tool for capital preservation in times of market volatility.
The primary networks for USDT remain Tron and Ethereum, where the supply has reached an impressive $58.68 billion and $46.18 billion, respectively. These platforms offer high transaction speed and low fees, making them preferred choices for USDT users.
In addition to Tron and Ethereum, USDT is actively used across other networks such as BNB Chain, Arbitrum, Avalanche, Optimism, Polygon, Solana, TON, and Near. This demonstrates the broad integration of USDT into the blockchain ecosystem,…
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Forwarded from 🔥Crypto News - Crypto World
And while there's still time to get in on the project, it's worth taking that chance.
You can get started here
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Australians Lose $122 Million in Cryptocurrency Due to Scammers
Over the past year, Australian citizens have incurred losses amounting to $122 million in cryptocurrency, falling victim to scammers.
Australian law enforcement authorities strongly advise investors to remain vigilant and not to fall for the tricks of criminals who continually adapt and refine their fraudulent methods.
From 2023 to 2024, scammers inflicted a total loss of $259 million on Australians, with 47% of these losses being tied to cryptocurrency. These crimes not only cause financial damage but also undermine trust in digital assets.
Notably, most of the victims are citizens under the age of 50. Scammers skillfully manipulate their…
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Over the past year, Australian citizens have incurred losses amounting to $122 million in cryptocurrency, falling victim to scammers.
Australian law enforcement authorities strongly advise investors to remain vigilant and not to fall for the tricks of criminals who continually adapt and refine their fraudulent methods.
From 2023 to 2024, scammers inflicted a total loss of $259 million on Australians, with 47% of these losses being tied to cryptocurrency. These crimes not only cause financial damage but also undermine trust in digital assets.
Notably, most of the victims are citizens under the age of 50. Scammers skillfully manipulate their…
👉 Read More
bybit | bingx | okx | Trading Academy💰 | its-crypto.com
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🚨 We have given a new VIP signal that generates 9% profit per transaction. With our instruction you will earn even without P2P experience 🔥 Get VIP signal 🔝
Forwarded from 🔥Crypto News - Crypto World
As we wrote earlier, in this case the project is supported by trustworthy investors and partners, which is important nowadays.
You can see more details here
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The USA Will Become the “Crypto Capital of the World”
Donald Trump made a bold statement aimed at attracting participants from the cryptocurrency market to his side.
The politician promised to turn the USA into a leading center for the blockchain industry by creating all the necessary conditions for its development. In his speech, he emphasized the importance of cryptocurrencies and decentralized technologies for the future of the global economy.
“I am preparing a plan to make the USA the crypto capital of the world,” the former president announced, adding that his administration will provide tax incentives and legal protection for blockchain companies, as well as encourage innovation…
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Donald Trump made a bold statement aimed at attracting participants from the cryptocurrency market to his side.
The politician promised to turn the USA into a leading center for the blockchain industry by creating all the necessary conditions for its development. In his speech, he emphasized the importance of cryptocurrencies and decentralized technologies for the future of the global economy.
“I am preparing a plan to make the USA the crypto capital of the world,” the former president announced, adding that his administration will provide tax incentives and legal protection for blockchain companies, as well as encourage innovation…
👉 Read More
bybit | bingx | okx | Trading Academy💰 | its-crypto.com
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Microsoft Tests AI for Audio Transcription
Microsoft has begun testing a new feature called Intelligent Media Search in Windows, which uses AI to convert media files into text. The existence of this feature was reported by a user with the nickname Xeno.
This tool can transform any spoken word from audio and video files on Windows into text format. Access to the feature is provided through an AI model.
With Intelligent Media Search, users will be able to search for keywords within video and audio files, significantly simplifying the process of finding specific information. For example, it can quickly locate a specific chapter in an…
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bybit | bingx | okx | Trading Academy💰 | its-crypto.com
Microsoft has begun testing a new feature called Intelligent Media Search in Windows, which uses AI to convert media files into text. The existence of this feature was reported by a user with the nickname Xeno.
This tool can transform any spoken word from audio and video files on Windows into text format. Access to the feature is provided through an AI model.
With Intelligent Media Search, users will be able to search for keywords within video and audio files, significantly simplifying the process of finding specific information. For example, it can quickly locate a specific chapter in an…
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In August DeFi protocols faced a decline in commission volumes and revenues
This impacted the overall state of the market. The 24.4% drop in commissions to $288.38 million raised concerns among market participants, as this figure returned to February levels, indicating a slowdown in sector activity.
Despite the overall decline, the Lido platform maintained its leading position with a commission income of $76.18 million, significantly outpacing Uniswap, Jito, and PancakeSwap. However, even these leaders experienced revenue declines, highlighting the challenges faced by even the most resilient protocols.
According to Nick Rack, the decrease in yields from liquid restaking strategies has been one of the reasons traders have shifted to less stable…
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This impacted the overall state of the market. The 24.4% drop in commissions to $288.38 million raised concerns among market participants, as this figure returned to February levels, indicating a slowdown in sector activity.
Despite the overall decline, the Lido platform maintained its leading position with a commission income of $76.18 million, significantly outpacing Uniswap, Jito, and PancakeSwap. However, even these leaders experienced revenue declines, highlighting the challenges faced by even the most resilient protocols.
According to Nick Rack, the decrease in yields from liquid restaking strategies has been one of the reasons traders have shifted to less stable…
👉 Read More
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xAI Startup Launches the World’s Largest AI Training System
The xAI team, led by Elon Musk, has unveiled a cluster named Colossus, equipped with 100,000 Nvidia H100 graphics processors designed for artificial intelligence training. Musk announced that Colossus is the most powerful system in the world, and its capacity will double to 200,000 processors (50k H200) in the coming months. He expressed his gratitude to the xAI team, Nvidia, and their partners for successfully executing this ambitious project.
The cluster was installed and launched in record time—just 122 days—highlighting the scale and complexity of the project.
Back in July, Musk announced plans to build a system with 100,000…
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The xAI team, led by Elon Musk, has unveiled a cluster named Colossus, equipped with 100,000 Nvidia H100 graphics processors designed for artificial intelligence training. Musk announced that Colossus is the most powerful system in the world, and its capacity will double to 200,000 processors (50k H200) in the coming months. He expressed his gratitude to the xAI team, Nvidia, and their partners for successfully executing this ambitious project.
The cluster was installed and launched in record time—just 122 days—highlighting the scale and complexity of the project.
Back in July, Musk announced plans to build a system with 100,000…
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Forwarded from 🔥Crypto News - Crypto World
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