@PiCoreTeam In fact, all the utilities in ecosystem now is almost no use to real world, since the beginning in 6 years ago. Should project try different way more effective and more feasible! Or I just cant catch up with Pi's execution
@PiCoreTeam How do you plan to address the mass KYC fraud? The project is certainly aware of this, but it's unclear whether they've addressed it or have a solution in place! The fraud has been going on for a long time, yet the project hasn't mentioned it. Is there a lack of transparency here
@Cointelegraph@uniultra_xyz#U2UNetwork looks like the very impressive DePIN project up till now, about the idea, the social, the community, their VCs,... especially the tech. Hope you all have a great Live.
⚡️ @KuCoinVentures amplifies #DePIN innovations with strategic investment in @uniultra_xyz
👉 Check out for more information: https://t.co/STgVEphRQM
KuCoin Ventures, the leading investment arm of @kucoincom - one of the world's most popular crypto exchange platforms with over 34M users worldwide, has announced an investment in U2U Network to boost the DePIN growth globally.
KuCoin Ventures’ portfolio has a wide range of renowned projects in Web3 including UXLINK, The Open Network (TON), Taiko, Polyhedra Network, XION (Burnt), GoPlus, Port3 Network, NexGami, Merlin Chain, B² Network, bitSmiley, Crystal Fun, Halo Wallet, etc. This extensive array demonstrates the profound investment expertise and the unwavering commitment of KuCoin Ventures to empowering crypto/web 3 builders, highlighting their significant influence and leadership in the industry.
The KuCoin Ventures’ investment in U2U Network marks a strategic step in entering the DePIN market and developing the Web3 and Blockchain real-world applications in our daily lives.
This substantial funding boost will accelerate U2U Network’s initiatives, allowing us to rapidly enhance our DePIN subnet and expand our DePIN ecosystem on a global scale. With this strong endorsement, U2U Network is set to deliver significant impacts worldwide, driving innovation and growth in the decentralized infrastructure space.
BTC dropped below $53,000 and ETH fell to $2,200. The sudden decline is attributed to a downturn in the Japanese stock market and weak economic data from the US.
#Bitcoin#Ethereum#CryptoCrash#MarketAnalysis#BTC#ETH
The sudden flash crash resulted in the total crypto market capitalization losing up to $500 billion over the last three days, marking the largest 72-hour wipeout in over a year.
Spot Ether exchange-traded funds (ETFs) in the United States saw net outflows of $113.3 million on their second trading day, mainly due to significant losses from Grayscale’s Ethereum Trust.
#CryptoNews#Ethereum#ETFs#Grayscale#Finance#Investing
The price of BODEN, a meme coin poking fun at the president, fell by nearly half in the aftermath of his announcement. KAMA, a Harris coin, doubled in price.
US Bitcoin spot ETFs have surpassed $17 billion in inflows, setting a new record. Farside Investors data shows BlackRock's IBIT leading with $18.968 billion.
#Bitcoin#ETFs#Crypto#BlackRock#Finance#Investing
Bitcoin miners face a tough bear market with hashrates dropping and operational costs rising. Many are selling BTC to cover expenses, yet some remain optimistic, investing in new equipment and holding significant reserves. 🛠️💰
#Bitcoin#CryptoMining#BearMarket#BTC#CryptoNews