Category: crypto
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Unpaid royalties are killing artists’ earnings
Music professionals worldwide are losing out on royalties due to outdated systems and intentional manipulation by major industry players. Lawsuits from Limp Bizkit and SoundExchange highlight the widespread issue. Blockchain technology offers a solution by providing transparent, accurate royalty calculations. Collaborative efforts and innovative platforms are striving to revolutionize the music industry for fair compensation…
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Crypto mergers and acquisitions expected to spike under second Trump presidency
Former President Donald Trump is expected to return to the White House in January following his election victory. He has promised to fire the SEC chairperson Gary Gensler on his first day in office, which could lead to more favorable crypto regulations. Experts anticipate an increase in crypto merger and acquisition deals under Trump’s presidency.…
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The 8 next big trends to watch in DeFi
Vincent Maliepaard, Marketing Director at IntoTheBlock, discusses how DeFi is revolutionizing finance with advancements like Yield AMM Protocols, Yield Aggregators, Derivatives DEXes, Flash Loan Vaults, Tokenization of Real-World Assets, Protocol-Based Credit Systems, Trade and Receivables Financing, and IP Fractionalization. These innovations are reshaping the financial landscape and attracting institutional involvement.
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USDT or USDC? Key considerations when choosing a stablecoin
Stablecoins like USDT and USDC are becoming increasingly popular in digital finance due to their 1:1 peg to the US dollar. USDC is known for its transparency and regulatory compliance, while USDT has higher liquidity and adoption. Users should choose based on their specific needs, as both play crucial roles in the crypto ecosystem.
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TRON DAO Participates as Gold Sponsor at Binance Blockchain Week in Dubai
TRON DAO participated as a Gold Sponsor at Binance Blockchain Week 2024 in Dubai. TRON founder Justin Sun discussed TRON’s advancements, including protocol revenue, stablecoin solution, BTC L2 development, and the T3 Financial Crime Unit. TRON supports stablecoin activity and digital payment infrastructure globally. TRON is a community-governed DAO accelerating internet decentralization.
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StanChart sees total crypto market cap climbing 5x to $10 trillion by 2026-end
Standard Chartered predicts that the recent Republican win in the US elections could fuel the growth of digital assets, potentially increasing their market cap to $10 trillion by 2026. Anticipated regulatory shifts under the new administration may lead to mainstream adoption of digital assets, with Bitcoin expected to reach $200,000 by 2025. Ethereum and Solana…
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SEC punts decision on options trading for spot Ethereum ETFs
The US Securities and Exchange Commission (SEC) has delayed its decision on approving options trading on Ethereum exchange-traded funds (ETFs) on the NYSE, citing the need for more time to review the proposal and assess market implications. This decision affects Bitwise’s ETHW, Grayscale’s ETHE, Ethereum Mini Trust, and BlackRock’s ETHA. The SEC stated that interested…
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US DOJ seeking statements about Bitfinex hack despite lack of formal victims
The US Department of Justice has launched a website to collect information from individuals affected by the 2016 Bitfinex hack. The DOJ is seeking statements from those impacted by the hack, including affected Bitfinex account holders. The hack involved the theft of approximately 120,000 Bitcoin, valued at $72 million at the time.
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Tether’s trade finance division funds first oil deal via USDT
Tether used its USDT stablecoin to fund a $45 million crude oil transaction in the Middle East, involving a major oil company and a top commodity trader. The company aims to increase efficiency in markets with USDT and plans to expand into various industries. Tether reported a $2.5 billion profit in the third quarter and…
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SunPump, $SUNDOG, and Nexmate.AI Drive Ecosystem Growth
SunPump is a leading platform in the TRON ecosystem for launching memecoins. It has played a significant role in boosting TRON’s transaction data and user base. SunPump recently launched a referral program and partnered with Trust Wallet’s launchpool for $SUNDOG, enhancing TRON’s memecoin visibility. Nexmate.AI, another project supported by SunPump, combines AI with meme culture…