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US President Donald Trump has moved to cull the SEC’s regulatory oversight of the crypto space, looking to make good on one of his campaign promises. The agency launched a Crypto Task Force last month to create a framework for digital assets.
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Former Terraform CEO Do Kwon blamed Citadel Securities for intentionally shorting the TerraClassicUSD (USTC) stablecoin to the point that it lost its peg in May 2022, with Kwon arguing that the stablecoin’s collapse wasn’t a result of instability in its algorithm.
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Citadel Securities even struck a partnership with Terraform Labs before it collapsed.
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Securities regulators had been investigating Robinhood’s cryptocurrency operations for the better part of a year. As Cointelegraph reported, Robinhood’s US-based crypto business was subject to an SEC Wells notice on May 4, 2024. At the time, the SEC made a “preliminary determination” to recommend enforcement actions tied to alleged securities violations.
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Preetam Rao, CEO of QuillAudits, a Web3 security company, expressed concerns about the TRUMP token’s allocation structure and purpose.
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“Eighty percent of the supply is locked for CIC Digital, a company owned by the Donald Trump Revocable Trust. This is the same entity that launched Trump NFT Trading Cards three years ago. The website says it’s ‘not an investment but a show of support,’” Rao said.
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The timing is also particularly relevant for the Philippines because the country ranks number one globally in social media usage, it stated.
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Rao noted that the top 10 holders own 89.06% of the supply, and there’s no clarity on the liquidity pool burn status. “Interestingly, the token was launched in an Asian morning time zone. It feels like this is just a way for Trump to make money,” he said.
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https://warpcast.com/rubyw7137/0xcb25b7c6
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Additionally, Filipinos are also among the most prolific early adopters of artificial intelligence, with 86% of Filipino knowledge workers integrating AI into their workflows, it said.
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https://warpcast.com/rubyw7137/0xfd722209
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https://warpcast.com/evansisabella24/0xa4397e65
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https://warpcast.com/evansisabella24/0xa4397e65
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Financial and identity network World has announced it is now available in the Philippines, starting with Orb verifications near the capital, Manila.
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On Feb. 17, World, formerly known as Worldcoin, said that the Philippines was a country “fueled by a young, digitally savvy population and an emerging middle class eager to adopt new technologies and financial solutions.”
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On Feb. 17, World, formerly known as Worldcoin, said that the Philippines was a country “fueled by a young, digitally savvy population and an emerging middle class eager to adopt new technologies and financial solutions.”
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Financial and identity network World has announced it is now available in the Philippines, starting with Orb verifications near the capital, Manila.
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Launched on April 19, 2023, Mad Lads was created by Armani Ferrante and Tristan Yver of Backpack Exchange. It features 9,965 NFTs blending anime-style art with Peaky Blinders-inspired themes.
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The Solana NFT market has grown by 15% in the last 24 hours, with its total market cap reaching $714 million. The trading volume over the same period stands at $3.39 million, according to CoinGecko.
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Meanwhile, other Solana-based NFT collections also gained traction. Claynosaurz’s floor price rose to $4,882, up 13.8%, with a market cap of $48.8 million. Solana Monkey Business has a floor price of $7,956, with a market cap of $39.7 million following a 7.1% increase.
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