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Nazir

@glorfinde1

372 Following
171 Followers
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Nazir
@glorfinde1
Mint If God is a circle, man is one too
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@glorfinde1
Visa has developed a platform for asset tokenization Thanks to it, financial institutions will be able to issue fiat-backed tokens and test their use cases.
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@glorfinde1
TON Foundation and Curve Finance announced a new project for trading stablecoins based on TON Curve founder Mikhail Egorov will act as a consultant.
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@glorfinde1
UK government plans to designate crypto assets as a new form of ownership A corresponding bill was submitted to parliament. It aims to identify crypto assets, NFTs and RWAs. There are two categories of property in the country: “things in possession” (gold, money, cars) and “things in action” (debts, shares). If the new law is adopted, it will introduce a third type of property.
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@glorfinde1
Tether invested $100 million in agricultural company Adecoagro Adecoagro is the main milk producer in Argentina and also operates in the Brazilian and Uruguay markets. Tether previously said it would diversify its investments.
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@glorfinde1
Financial Times: in 2023, Telegram’s financial losses were partially offset by the growth in the value of digital assets that the company held on its balance sheet The company's digital assets were valued at almost $400 million. Also, according to the balance sheet, in 2024 Telegram sold TON worth more than $244 million.
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@glorfinde1
MakerDAO announced it is renaming itself "Sky" As part of the rebranding, a new stablecoin USDS and a governance token SKY will be released. They will be available on September 18th with a new DeFi application. DAI and MKR will remain in circulation unchanged, and new tokens will exist in parallel. Token holders will be able to exchange DAI tokens 1:1 for USDS, and each MKR token can be exchanged for 24,000 SKY tokens.
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@glorfinde1
CNBC: Wyoming plans to launch its own dollar stablecoin The project is called Wyoming Stablecoin and will be used for crypto payments in the state. Its release is expected in the first quarter of 2025. According to the publication, since 2018, Wyoming has passed more than 30 laws to support the digital asset industry.
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@glorfinde1
According to Public Citizen, 48% of all corporate political donations in 2024 in the US came from cryptocurrency companies Various companies donated a total of $119 million (a total of $248 million was raised).
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@glorfinde1
A subsidiary of Bitmain reported that the cost of bitcoin mining in the second quarter of 2024 was $51,887 According to BitFuFu, the cost of mining for the same period in 2023 was $19,344.
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@glorfinde1
76 companies have applied for a crypto license in Turkey Last week the list consisted of 47 companies. Applications were submitted by Binance, Nexo, WhiteBit, Bitfinex, OKX, Coinbase, Kucoin, Gate and others.
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@glorfinde1
Binance has resumed operations in India The company has registered as a reporting entity with the Financial Intelligence Unit of India.
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@glorfinde1
Ripple has begun testing its stablecoin Ripple USD (RLUSD) Closed tests are conducted on the XRP Ledger and Ethereum networks.
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@glorfinde1
Ronin Bridge suspended operations due to $9 million hack The attacker's address is marked as a MEV bot, and the exploit itself was reported by white hat hackers. The developers are currently studying the problem.
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@glorfinde1
Total outflow from spot Bitcoin ETFs amounted to $237.45 million The largest outflows were observed in GBTC - $45.9 million, FBTC - $104 million and ARKB - $87.68 million. At the same time, the total outflow from the Ethereum ETF amounted to $54.2 million. The main outflows were observed from ETHE from Grayscale.
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@glorfinde1
SEC intends to temporarily defer consideration of whether some tokens are securities in case against Binance The US Securities and Exchange Commission (SEC) intends to seek permission to amend its complaint against Binance to avoid the need for an immediate court ruling on whether certain tokens are securities. Making these changes will allow the SEC to temporarily put this issue aside and focus on other aspects of the case. In essence, the court will not consider the issue of the legal status of certain tokens. The document does not explicitly say that the SEC is no longer going to prove that these tokens are securities. In the case against Binance, the SEC defined SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS and COTI as securities. This amendment may change the definition of these assets.
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@glorfinde1
Senator Cynthia Lummis plans to speak at the Bitcoin 2024 conference and announce a new bill requiring the Fed to buy BTC and hold it as a reserve asset In other words, equate it to gold and foreign currencies. It is unknown whether this document will be adopted as law.
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@glorfinde1
The developers reported that the dYdX v3 website was compromised The project asked not to visit the site pages or click on links. dYdX v4 works normally. Just a couple of minutes ago an article was published that dYdX is considering the possibility of selling dYdX v3.
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@glorfinde1
South Korea proposed postponing taxation of cryptocurrency income until 2028 The 20% tax was expected to take effect on January 1, 2022. However, it was postponed twice to January 1, 2025.
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@glorfinde1
CFTC Chairman Reiterates Most Crypto Assets Are Commodities According to Fox journalist Eleanor Terrett, CFTC Chairman Rostin Benham said an Illinois court has confirmed that BTC and ETH are classified as digital goods. Benham once again added that 70-80% of assets on the crypto market are not securities.
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