Conversely, if the participation rate exceeds the target rate, token issuance is restricted, with a maximum cap placed on the inflationary rate to control the minting of new tokens.
Ju previously warned that this market cycle would deviate from previous cycles and said that altseason is no longer triggered by investors rotating capital gains from Bitcoin into altcoins.
The reason is a looming data shortage. Companies like OpenAI and Google may soon run out of data, AI’s lifeblood, used to “train” massive artificial intelligence systems.
On June 17, Malaysia’s Inland Revenue Board conducted an operation called “Ops Token,” raiding companies that did not report their crypto trading activities to the federal agency.
Securities and Exchange Commission Chair Gary Gensler looks set to be replaced by the pro-crypto Paul Atkins, and a Solana bagholder is set to become the new US crypto czar.
Liquid restaking protocol https://t.co/CEzGm384Q6 controls has over 50% of the LRT market TVL. According to DefiLlama, the protocol has $9.17 billion in restaked assets.
Roger Ver, widely known as “Bitcoin Jesus” for his early promotion of cryptocurrency, is contesting charges made against him by the United States Department of Justice (DOJ).
According to SDF, Build Better is more than a hackathon; it’s a movement to bridge Web3 technology with the aspirations of users. It’s an opportunity to identify broken systems, imagine better alternatives and build them.
The REX Crypto Equity Premium Income ETF executes a “covered call” strategy, holding a basket of 25 crypto stocks and writing out-of-the-money options against them to earn income from the options premiums.
After founding Binance in 2017, CZ resigned as CEO as part of the 2023 agreement with prosecutors but said he would “remain available to the team to consult as needed.” His reply on X reiterated that he had “no wish to be CEO again.”
The first play-to-earn mini-game, Bombie, launched its closed beta in August. We’ve attracted over 4.9 million users, achieved a 5% pay-to-play rate and surpassed $4.9 million in revenue.
The Next Step: Announcing Stable Jack v2
As @StableJack_xyz team, we are working on v2, which will revolutionize the DeFi ecosystem by introducing new primitives!
With this upgrade, Stable Jack will become the main yield, volatility, and points trading marketplace for any asset.
Do you want to learn more? Let's check the thread🧵
Thanks for Participating on Devnet!
https://t.co/AHxhfLuyOw Will be live on @MovementLabsxyz
Testnet Imminently -
Crowns will be retained for all users.
LFMOVE 💪👑
Following the election of Donald Trump, a shakeup of the SEC’s leadership is widely expected by investors and industry executives — and may come as early as January 2025 when Trump assumes office.
DMCC also supports up-and-coming startups and projects by introducing them to global venture capitals through a series of events, such as the VC Startup Connect organized by Cointelegraph Accelerator.