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@0xdoteth

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@0xdoteth
I currently rank #397 on The Leaderboard. Where do you rank?
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@0xdoteth
Circle applies for a national trust bank charter to manage USDC reserves Circle Internet Group the issuer of the USDC stablecoin, has formally applied for a national trust bank charter from the U.S. Office of the Comptroller of the Currency. The move was made public via a June 30 press release by Circle Internet Group. If approved, the new entity, First National Digital Currency Bank, N.A., would be authorized to manage the reserves backing USD Coin USDC USDC -0.01% USDC and offer digital asset custody services to institutional clients under federal oversight.
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@0xdoteth
South Korea halts CBDC project as regulators prioritize won-backed stablecoin rollout. South Korea’s central bank digital currency project has been put on hold as the regulators turn their attention to fast-tracking the issuance of won-backed stablecoins. According to a Bloomberg report citing an unnamed Bank of Korea official, the central bank has suspended plans for the second phase of its CBDC pilot, which had been scheduled for the fourth quarter of 2025.
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@0xdoteth
I currently rank #370 on The Leaderboard. Where do you rank?
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@0xdoteth
BTC and ETH Rebound as Altseason Optimism Fades: Binance Report BTC solidified its position as an emerging hedge asset amid geopolitical uncertainty, while ETH recorded greater downside volatility and a more muted recovery. This week, bitcoin (BTC) and ether (ETH) recovered from the decline triggered by geopolitical developments last week. While BTC showed greater resilience compared to ETH, both assets rebounded strongly as tensions appeared to ease. According to a weekly report by the world’s largest crypto exchange, Binance, Bitcoin’s dominance recorded a slight decline during the recovery. However, this is not a strong indication that the market will soon witness an altseason.
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@0xdoteth
I currently rank #369 on The Leaderboard. Where do you rank?
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@0xdoteth
https://askgina.ai/chat/83f28bbd-35e8-4a0f-946b-bbe6229e76b5 This app is cool
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@0xdoteth
XRP Down 3% After SEC Settlement Stalls, But Social Media Turns Bullish A federal judge has rejected Ripple and the SEC’s proposed $50 million settlement, but social media sentiment around XRP has turned bullish anyway. Ripple-SEC Settlement Stalled After Court Rejection The Ripple-SEC case seemed to be moving forward after both parties agreed on a reduced $50 million settlement, but the joint motion for an indicative ruling has now been rejected in court. According to the filing shared by defense lawyer James K. Filian in an X post, the two haven’t “come close” to showing exceptional circumstances outweighing public interest or the administration of justice that would justify modifying the judgment. This means that the original fine of $125 million still stands for Ripple.
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@0xdoteth
I currently rank #257 on The Leaderboard. Where do you rank?
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@0xdoteth
UK’s The Smarter Web Company raises $56M days after big Bitcoin buy UK-based The Smarter Web Company has made a multimillion-dollar raise just days after it purchased $20 million worth of Bitcoin to bring its holdings to over 540 BTC UK-based web design and marketing firm The Smarter Web Company has raised 41.2 million British pounds ($56.59 million), days after it purchased 196 Bitcoin to add to its growing holdings. The firm said on Thursday that the raise came from institutional investors via accelerated bookbuild, a process where a company raises capital quickly, usually within one or two days, without any marketing push. The Smarter Web Company raised 36.27 million British pounds ($49.8 million) with the bookbuild and a further 4.97 million British pounds ($6.82 million) by subscription. The offer price was 2.9 British pounds ($3.98) per share.
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@0xdoteth
I currently rank #523 on The Leaderboard. Where do you rank?
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@0xdoteth
I currently rank #523 on The Leaderboard. Where do you rank?
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@0xdoteth
Citibank accused of ignoring signs of $20M crypto romance scam The victim of a $20 million crypto pig butchering scam has sued Citibank, alleging it ignored “red flags” and should have investigated suspicious activity. Citibank has been sued by a self-claimed victim of a crypto romance scam, alleging the bank ignored red flags that allowed scammers to make off with $20 million. In a lawsuit filed in a Manhattan federal court on Tuesday, plaintiff Michael Zidell alleged Citibank turned “a blind eye to its statutory duties and obligations” when it allowed him to deposit millions of dollars to scammers who have accounts at the bank. Zidell said he sent $20 million to scammers through dozens of transactions across multiple banks, including nearly $4 million to accounts they held at Citibank.
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@0xdoteth
Where do you rank on The Leaderboard?
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@0xdoteth
Anthony Pompliano’s ProCap BTC files 8-K with U.S. SEC to go public via merger Anthony Pompliano’s Bitcoin-focused firm, ProCap BTC, has filed an 8-K with the U.S. Securities and Exchange Commission to go public through a merger with Columbus Circle Capital Corp I, a blank-check company. A June 25 announcement, shared by Pompliano on X, outlines a business merger that would form ProCap Financial, Inc., a Nasdaq-listed entity. The move comes after a series of high-profile events for the company, demonstrating its intention to develop institutional infrastructure around Bitcoin
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@0xdoteth
I currently rank #411 on The Leaderboard. Where do you rank?
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@0xdoteth
As volatility engulfs the cryptocurrency market amid war tensions, on-chain data shows that the Bitcoin short-term holders are selling at a loss. Bitcoin Short-Term Holders Just Made Large Exchange Inflows At A Loss In a new post on X, CryptoQuant author Axel Adler Jr has talked about how the Bitcoin short-term holders have reacted to the price volatility that has come alongside rising tensions in the Middle East following US strikes on three nuclear facilities in Iran.
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@0xdoteth
I currently rank #395 on The Leaderboard. Where do you rank?
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@0xdoteth
Crypto exchange OKX is reportedly exploring an initial public offering in the U.S., months after establishing a U.S. arm and agreeing to settle half a billion dollars with the Department of Justice over alleged money transmission violations. The exchange would "absolutely consider an IPO in the future," and if it does go public, it would "likely be in the U.S.," Haider Rafique, chief marketing officer at OKX, said in an interview, according to a report from The Information. A representative for OKX declined Decrypt's request to comment further. Although no official timeline or filing has yet been made public, OKX’s IPO considerations highlight its ambition to solidify a stronger foothold in the lucrative U.S. market.
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@0xdoteth
I currently rank #1247 on The Leaderboard. Where do you rank?
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