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nekiytip

@nekiytip

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Statistics show that the Solana (SOL) blockchain brings 24% more income to validators than the Ethereum (ETH) network. According to the DeFiLlama portal, on October 24, the earnings of Solana network nodes in the form of transaction processing fees reached a record high of $4.6 million. The revenue of Ethereum blockchain nodes was only $3.6 million. At the same time, since the beginning of September, the income of SOL network validators has increased almost 12 times, and ETH blockchain nodes began to earn only six times more. Growth in the amount of income received by Solana blockchain participants Solana and Ethereum networks operate on the basis of the PoS consensus protocol, so they generate income not only as a result of processing transactions, but also by blocking coins. It turns out that ETH is still ahead in terms of staking, because on October 24, people who locked Solana earned $2.3 million, while Ethereum earned $2.6 million.
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Crypto exchange Bitnomial has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) over the agency’s attempts to regulate an XRP futures contract as a security. The SEC classifies XRP as a security, arguing that transactions involving the token fall under federal securities laws. This position extends to Bitnomial’s upcoming futures contracts, which will allow traders to bet on the price of XRP against the U.S. dollar. Meanwhile, the Bitnomial team filed for XRP futures contracts in August after Ripple won another victory over the SEC. At the time, a federal judge ruled that XRP was not a security in certain transactions. However, the SEC still maintains that XRP functions as an investment contract and thus falls under its purview.
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SARS noted that more than 5.8 million South Africans own cryptocurrencies. People who trade digital assets are required to pay income tax and declare their profits or losses from crypto assets. Tax evasion will result in large fines.
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The U.S. Securities and Exchange Commission (SEC) has filed an appeal to challenge Judge Torres’ latest ruling in Ripple’s favor, in which she ruled that XRP is not classified as a security. The appeal is currently pending in the U.S. Court of Appeals, but there is speculation in the community that Ripple and the SEC could settle the case within the 14-day period. One XRP supporter has expressed the opinion that the SEC may push for a higher fine than the initial $125 million. However, former SEC lawyer Mark Fagel is convinced that the appeal is not about the fine.
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Bitcoin outflow from crypto exchanges reaches November 2022 level
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Ethereum and Tron Blockchains Control 84% of the Stablecoin Market
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f2f💚 🖤
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Wormhole's Sigma Startup Program is a comprehensive initiative designed to guide builders and startups from ideation to a fully-funded startup in the crypto space, with a total prize and seed funding pool of over $1 million USD.
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nu shoooo
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The on-chain vote to retire the Vega chain has officially passed. As a result, the Vega chain no longer supports trading on any markets. The chain is expected to cease operations after a “ramp-down” period, during which validators are incentivised to maintain node operations, allowing users to withdraw their funds from the network. For full details, you can read the announcement here: https://blog.vega.xyz/vote-to-retire-the-vega-chain-passed-22a52d81c80d A final governance vote is now live on the Vega chain to settle all markets: https://governance.vega.xyz/proposals/2fdea2ad53a8865c9554d0a0cb68b4ed61260fa49d711defa5aad62334d630ac If you currently have VEGA staked and are able to vote, please participate in this proposal and keep your tokens staked until the vote closes at 15:00 UTC on Friday, 13th September. Please withdraw your assets from the Vega chain as soon as possible.
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Сообщество Vega Protocol поддержало закрытие работы сети и токена VEGA
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Nigerian Authorities Froze $330,000 in Bank Accounts of Bitcoin Exchange Clients
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I am for crypto
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Cryptocurrency or paper money?
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Singapore, Hong Kong and UAE Lead in Cryptocurrency Adoption
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Up to 1% of the population is active in Web3
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Durov🤞
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I just minted Kazoo Legends! https://create.party.app/mint/base/0x0933e8739a2fd1a99723d7acaf0b527c49920ee4
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In 2024, the US Securities and Exchange Commission (SEC) continued enforcement actions against crypto companies. According to data for 2023, the American regulator initiated 46 enforcement actions related to cryptocurrencies. Compared to 2022, this figure has increased by 53%, according to a report by the analytical company Cornerstone. The trend of increased attention to the crypto market by the SEC is expected to continue in 2024.
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