Из жизни альткоинов

In a developing story from Politico, a potential clash between Wall Street’s regulator and Robinhood Crypto is looming. As the Securities and Exchange Commission (SEC) prepares to scrutinize Robinhood’s cryptocurrency operations, chief legal officer Dan Gallagher is emerging as a leading candidate to head the SEC should Donald Trump secure another term as president.

Potential SEC Chair Candidates

As the political landscape shifts, with crypto at the forefront of the upcoming election, Gallagher’s candidacy for SEC chair signals a potential return to the government-industry door, reminiscent of the early Trump administration. 

In a scenario where former President Trump secures the seat in the Oval Office, there is certainly a greater chance of positive regulatory change for the industry, which has been characterized by inappropriate actions and lawsuits, with Robinhood being one of the last firms targeted by the agency this year. 

Other names mentioned by Politico for the role include former Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo, known as “CryptoDad”, and current SEC commissioner Hester Peirce, who has been a vocal supporter of innovation and a new regulatory framework for the crypto industry.

Robinhood CLO Pledges Crypto Reform

Gallagher has long been seen as a preferred choice among Republicans. Representative Bill Huizenga (R-Mich.) praised Gallagher’s qualifications, noting the importance of thoughtful leadership that is not driven solely by ideology. Despite this, the Politico report notes that Robinhood’s CLO could face a contentious confirmation process. 

Democrats have previously expressed skepticism about industry insiders leading federal regulators, especially given Robinhood’s “controversial history”, including its actions during the GameStop trading frenzy in 2021. However, Gallagher insists that the company has since improved its compliance and risk management protocols.

Gallagher’s vision for the SEC reportedly includes a more tailored approach to cryptocurrency regulation, advocating a basic registration regime for crypto exchanges and brokers. He believes that if he had been in charge in recent years, the SEC would have already established clearer, more supportive regulations for the industry.

Featured image from DALL-E, chart from TradingView.com

As EigenLayer (EIGEN) continues to make headlines with its remarkable Total Value Locked (TVL) of $900 million, investors are eyeing a new opportunity in the cryptocurrency space: GoodEgg (GEGG), an A.I.-powered dating token that is gaining momentum. With EIGEN exploding in value, many investors are diversifying into GEGG, seeing it as a promising addition to their portfolios. Could GoodEgg follow in EigenLayer’s footsteps and become the next big thing in the crypto market? Let’s dive deeper into these two projects and what they offer.

EigenLayer (EIGEN): The Restaking Phenomenal

EigenLayer has captured the crypto community’s attention with its innovative restaking protocol built on Ethereum, enabling users to restake their ETH to secure multiple decentralized applications and networks. This groundbreaking feature has rapidly pushed EigenLayer’s TVL to over $900 million, marking it as a key player in the DeFi space.

The recent success of EigenLayer has been bolstered by prominent investors such as Justin Sun and major crypto investment firms like Fenbushi Capital, which sold off their EIGEN tokens following the protocol’s explosive rise. Sun, known for his high-profile moves in the crypto market, recently transferred $21.5 million worth of EIGEN tokens to HTX. These significant transactions highlight the growing investor confidence in EigenLayer.

Despite the sales by major holders, EIGEN has maintained a solid position, trading around $4.12 after a brief dip. The protocol’s ability to recover from volatility and continue growing its TVL reinforces the bullish sentiment around EIGEN, which is why it remains a focal point for both retail and institutional investors.

GoodEgg (GEGG): The New A.I. Dating Crypto to Watch

As EigenLayer secures its place in the DeFi sector, GoodEgg (GEGG) is making waves in the emerging field of A.I.-powered social engagement. GoodEgg is not just another meme coin; it’s a Play-to-Date token that uses artificial intelligence to offer users a unique experience of social interaction combined with cryptocurrency rewards. Investors are flocking to this new token, which promises long-term potential in a market increasingly focused on real-world applications.

With GEGG currently priced at $0.00021, early investors are already seeing substantial returns, with some analysts predicting a possible 1,000% surge post-launch. The token’s innovative use of AI in the dating world sets it apart from other projects in the space, making it a promising candidate for exponential growth as it prepares for its official launch. As more users and investors become aware of GoodEgg (GEGG)’s potential, the presale has been highly successful, drawing attention from profit-hungry investors looking for the next big opportunity in crypto.

Investors Are Doubling Down on GoodEgg (GEGG)

Many EigenLayer (EIGEN) investors are now shifting some of their portfolios to GoodEgg (GEGG). After seeing EigenLayer’s rapid ascent, they recognize similar potential in GEGG, which combines fun, utility, and innovation in a way that is drawing attention across the crypto space. The Play-to-Date concept allows users to engage in social interactions while earning rewards based on their participation and scoring.

For investors, the appeal of GoodEgg (GEGG) lies in its versatility. While EIGEN focuses on enhancing Ethereum’s security through restaking, GEGG taps into a different, more casual market, providing an attractive hedge for those looking to balance high-stakes DeFi investments with more innovative, consumer-facing tokens. Analysts suggest that GoodEgg’s low entry price and strong community backing could help it soar to significant heights, potentially rivaling EigenLayer’s success.

What the Future Holds for GoodEgg (GEGG)

As GoodEgg (GEGG) prepares for its official launch, all eyes are on its potential to replicate the success of EigenLayer (EIGEN). The project’s use of AI and its focus on social interaction could position it as a leader in the A.I.-powered crypto space, which has been growing rapidly in recent years. With the excitement around GEGG continuing to build, many experts predict that the token could experience a meteoric rise similar to EIGEN, especially as more investors join the presale.

In Summary

The rise of EigenLayer (EIGEN) and its massive $900 million TVL has set a high bar for new tokens entering the market, but GoodEgg (GEGG) is proving that it has the potential to follow suit. As investors diversify their portfolios and look for new opportunities, GEGG offers a unique blend of A.I. technology and social engagement, making it an attractive option for both crypto enthusiasts and serious traders. With analysts predicting significant price increases, GoodEgg is one token to watch closely as we head into 2024.

Join GoodEgg (GEGG) For More Information On Presale, Use links below to join our community: 

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Аналитики компании New York Digital Investment Group (NYDIG) заявили, что биткоин смог восстановиться после падения. Первую криптовалюту поддерживают деньги из Китая и спрос на спотовые биткоин-ETF, считают эксперты.

Глава Комиссии по ценным бумагам и фьючерсам Гонконга заявила о желании властей извлечь выгоду из растущего интереса к цифровым активам и намерение лицензировать 11 новых криптоплатформ.

The cryptocurrency market is poised for another potential bull run, and market strategists are closely watching two tokens that are predicted to lead the charge: Shiba Inu (SHIB) and Mpeppe (MPEPE). Both of these tokens have gained significant traction in recent months, and their strong community support, innovative features, and market positioning have them set to spark the next major wave of upward momentum in the crypto space.

Shiba Inu (SHIB): The Resilient Meme Coin

Shiba Inu (SHIB), known for its viral meme appeal, has captured the attention of millions of investors since its launch. What began as a speculative meme coin has now evolved into a robust ecosystem with plans for further growth. Shiba Inu (SHIB) continues to maintain its relevance in the market, driven by its passionate community, ongoing development efforts, and increasing use cases.

The Shiba Inu (SHIB) ecosystem is evolving to include projects such as ShibaSwap, a decentralized exchange (DEX) that allows users to trade, stake, and earn rewards. These developments have solidified Shiba Inu (SHIB) as more than just a meme coin, giving it added utility within the decentralized finance (DeFi) space. Market strategists believe that Shiba Inu (SHIB), with its strong community support and expanding ecosystem, is well-positioned to play a leading role in the next bull run.

Mpeppe (MPEPE): A New Player With Massive Potential

While Shiba Inu (SHIB) has established itself as a major player in the meme coin arena, Mpeppe (MPEPE) is quickly gaining ground as a key token in the decentralized gambling and gaming sectors. Mpeppe (MPEPE) is an AI-powered gambling coin built on the Ethereum (ETH) blockchain, offering a unique and innovative platform for decentralized online gambling.

What makes Mpeppe (MPEPE) stand out is its integration of DeFi elements within its tokenomics. Mpeppe (MPEPE) allows users to engage in yield farming, liquidity mining, and staking, creating opportunities for passive income while participating in the platform’s AI-driven gambling ecosystem. This combination of DeFi and gaming has attracted a growing number of investors, making Mpeppe (MPEPE) a highly attractive option for those looking for both utility and growth potential.

How DeFi and AI Are Shaping Mpeppe (MPEPE)’s Future

The integration of decentralized finance (DeFi) elements into Mpeppe (MPEPE) is a significant factor contributing to its bullish outlook. By adopting features such as decentralized governance and liquidity mining, Mpeppe (MPEPE) provides additional value to its community, encouraging long-term engagement and fostering a more decentralized ecosystem. These features not only enhance the functionality of the token but also allow investors to generate returns through various DeFi strategies.

For more information on the Mpeppe (MPEPE) Presale: 

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https://t.me/mpeppecoin

https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ

The general sentiment behind the XRP price has been divided between market participants in recent months. Recent market dynamics have seen many investors adopting a negative outlook for the cryptocurrency’s price, especially considering its failure to break into new heights above $0.6. Furthermore, this negative outlook has been recently exacerbated by news of the SEC’s appeal of the judgement of the Ripple-SEC lawsuit. 

One notable analyst who has adopted a negative outlook on XRP is Max Keiser. According to him, the XRP rally that members of the community are waiting for is never going to happen.  

Bitcoin Maximalist Says XRP Price Rally Isn’t Going To Happen

Max Keiser is a strong Bitcoin maximalist known for his stance on Bitcoin being the only legitimate cryptocurrency. Keiser has been known to criticize many altcoins, and XRP isn’t just the only one. Recently, he noted on social media platform X that Solana has already reached its all-time high against Bitcoin, and he predicts a downward trajectory for the asset moving forward.

However, Keiser’s latest comment regarding XRP has come amid trying times for the cryptocurrency. With the current situation, the XRP price seems to be back under the pressure brought about by the prolonged lawsuit involving the SEC and Ripple, its creator. This is because the SEC has now filed an appeal against Judge Torres’ ruling in the Ripple case. 

Alongside his critical commentary on XRP, Keiser shared a video on social media depicting a bird repeatedly failing to catch a worm in its beak. He drew a parallel between the bird’s futile attempts and XRP holders who have been waiting so long for an XRP price rally. The video ended with the bird failing to capture the beak, meaning Kaiser believes XRP holders are never going to be able to capture an XRP rally.

Current State Of XRP

The recent settlement ruled by Judge Torres was initially seen as a major breakthrough in favor of Ripple, bringing renewed hope to XRP investors. However, the SEC’s subsequent decision to appeal the ruling has reignited uncertainty and cast a shadow over the future of the XRP price, dampening optimism once again. 

Unsurprisingly, the news of the SEC appeal sent the price of XRP spiraling downwards. On-chain data shows that this price drop was kickstarted by some XRP whales moving their assets into crypto exchanges, probably in moves to sell them off.

At the time of writing, the XRP price is trading at $0.5413, reflecting a 1.8% gain over the last 24 hours. However, the cryptocurrency has shed a significant portion of its market cap over the past week, losing 16.17% in the last seven days. This, in turn, pushed XRP below stablecoin USDC in market cap rankings. 

Max Keiser isn’t the first Bitcoin maximalist to provide a negative outlook on XRP. Other analysts have labeled the cryptocurrency as dead in the past. Despite this, the XRP community has enough bullish advocates to go around. According to one analyst, technical analysis shows that the XRP price chart is signaling an explosive rally in the macro timeframe despite the SEC appeal.

Dogecoin (DOGE) has recently seen a bullish crossover on the Moving Average Convergence Divergence indicator, meaning the token could gain as high as 180% over the next few months. Meanwhile, RCO Finance (RCOF) is set to gain a massive 1,600% before 2024 ends.

How can crypto enthusiasts benefit from this epic surge? Let’s find out.

Top Analyst Predicts Dogecoin Pump After Bullish Crossover

Dogecoin has seen a bullish cross between the MACD and signal lines on the weekly chart. Based on the reading of the MACD indicator, DOGE could be in for a significant rise.

According to renowned analyst Ali Martinez on X, the previous two times Dogecoin had a MACD bullish crossover on the weekly chart, it rallied 90% and 180%, respectively. One instance was in February 2024, when Dogecoin gained 178% in six weeks, rising to $0.228 after a bullish MACD crossover.

Another bullish metric is Dogecoin reaching 84,306 active addresses, the highest in six months. A positive growth in network activity usually precedes a price increase.

However, Dogecoin has been affected by the ongoing market pullback, losing 12% in the past seven days.

How RCO Finance Will Rally By 1,600%

RCO Finance is a revolutionary financial platform that aims to extend anyone access to the best investment strategies. The protocol relies on artificial intelligence and machine learning to achieve this important goal.

This AI/ML technology is channeled through its AI Robo Advisor, which uses mathematical models to analyze markets and provide fully customized investment strategies tailored to each user’s financial goals, risk tolerance, and market preferences.

Machine learning models digest real-time financial data and generate market forecasts instantly, helping traders anticipate market movements with precision.

Traders are always prepared to capitalize on emerging trends without manually monitoring market activity. It is particularly useful during volatile market conditions, where quick, data-backed decisions can make all the difference.

All these are integrated into the decentralized multi-asset trading platform, which offers over 120,000 assets in 12,500 asset classes. Assets include traditional assets like ETFs, stocks, and bonds, others like cryptocurrencies, and tokenized real-world assets like commodities and real estate.

These options ensure users build diversified portfolios that balance risk and return across multiple asset categories.

Furthermore, RCO Finance offers up to 1000x leverage across multiple asset classes, allowing users to amplify their investments in both traditional and decentralized financial markets. It also offers a competitive advantage to investors seeking to maximize their returns with minimal capital.

RCO Finance’s presale is ongoing, and the RCOF token is sold for $0.0343. By the end of the presale, the token will rise by 1,649%, helping early investors gain significantly. This rise makes RCOF one of the more lucrative presale tokens around.

Importantly, users can trust RCO Finance’s smart contracts because they have been audited by SolidProof, a reputable European audit firm.

Purchase RCOF And Enjoy Huge Profits And Other Perks

RCOF is RCO Finance’s native token, with a total supply of 800 million. The token is sold for $0.0343 in Stage 2 of the ongoing presale. Investors who buy RCOF now will enjoy a 62.7% profit in Stage 3, and a 1,649% profit when it launches at $0.60.

In addition to the upcoming gains, token holders will enjoy significant discounts on trading fees. The more tokens a user holds, the larger the discount they receive on trades, making it financially advantageous to maintain a balance of RCOF tokens.

RCOF holders will also be involved in RCO Finance’s governance structure. They can propose and vote on crucial decisions like platform upgrades, changes to fee structures, and new features.

These attractive presale profits and other exciting perks make RCO Finance an attractive prospect for crypto investors seeking to grow their portfolios in Q4 2024.

For more information about the RCO Finance Presale:

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As we enter the final quarter of 2024, the cryptocurrency market is once again heating up. With fresh market trends, new developments, and growing optimism about a bullish season ahead, investors are searching for the best projects to focus on. Among the top cryptocurrencies gaining attention are SEI (SEI), Near Protocol (NEAR), and the emerging GoodEgg (GEGG). These three tokens offer distinct advantages that position them as promising investments for the autumn season.

SEI Crypto’s Impressive Run: To HODL or Not?

One of the standout performers in recent weeks has been SEI (SEI), a decentralized finance (DeFi) project that has experienced tremendous growth. SEI (SEI) has seen a significant surge in Total Value Locked (TVL), which now stands at $217.5 million, effectively doubling in size over the past month. This strong performance has caught the eye of both retail and institutional investors, pushing SEI’s trading volume up by a whopping 245.93%, reaching $961.82 million. The surge in volume reflects growing confidence in SEI, as large volumes typically signify strong buying pressure.

At the time of writing, SEI (SEI) is trading at $0.4949, with a 7% increase in the past 24 hours alone. The bullish sentiment around SEI (SEI) is also reflected in liquidation trends, where long positions dominate the market. This indicates that traders expect further gains, as the current price levels are supported by strong fundamentals.

Why Near Protocol (NEAR) Should Be on Your Radar

Another promising project heading into Q4 is Near Protocol (NEAR), a Layer 1 blockchain focused on scalability, usability, and low fees. Near Protocol (NEAR) has positioned itself as one of the top-performing cryptocurrencies, particularly within the DeFi and decentralized application (dApp) ecosystems. NEAR’s approach to cloud computing allows for faster and cheaper transactions, giving it an edge over many of its competitors.

Near Protocol (NEAR) has experienced significant growth in 2024, with its price climbing steadily and maintaining strong support levels. Currently, Near Protocol (NEAR) is trading above $5.50, with analysts predicting further gains as it continues to develop its ecosystem and onboard new users. With partnerships, innovations, and a dedicated community, Near Protocol has established itself as a project to watch this autumn.

GoodEgg (GEGG): The Underdog Ready to Skyrocket

Among the more recent entries to the crypto market, GoodEgg (GEGG) is quickly gaining attention for its innovative Play-to-Date model, integrating artificial intelligence (AI) and social scoring systems. Unlike many meme coins that rely solely on hype and community engagement, GoodEgg adds real utility through its platform, where users can interact, earn rewards, and benefit from AI-driven technologies.

GoodEgg (GEGG)’s presale price of $0.00021 has already surged by 214%, positioning it as one of the fastest-growing presale tokens in 2024. Investors are taking notice of its long-term potential, and with the current market conditions, GEGG could follow the success path of established projects like SEI (SEI) and NEAR.

What Lies Ahead for SEI, NEAR, and GoodEgg?

As we move into Q4, it’s essential to consider the broader market dynamics that could influence these tokens. SEI (SEI) is currently on a strong upward trajectory, with increasing TVL and trading volumes suggesting continued growth. Its bullish sentiment is backed by technical indicators, with rising open interest and liquidations skewed toward long positions, signaling further price increases.

Near Protocol (NEAR) also remains a solid bet, with its focus on scalability and usability positioning it for long-term success. As more developers and projects move to its platform, Near Protocol (NEAR) could see even greater adoption, pushing its price higher.

For GoodEgg (GEGG), the potential for massive gains is clear. Its innovative Play-to-Date model and AI-driven platform set it apart from other meme coins, offering both real-world utility and a strong community base. As GEGG continues to grow and attract more attention, it could emerge as one of the top-performing tokens of 2024.

In conclusion, SEI, Near Protocol (NEAR), and GoodEgg (GEGG) are all positioned for significant gains this autumn season. Whether you’re looking for a well-established DeFi project, a scalable Layer 1 blockchain, or an innovative new entrant, these three cryptocurrencies offer exciting opportunities for investors.

Join GoodEgg (GEGG) For More Information On Presale, Use links below to join our community: 

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Добыча биткоинов требует больших вложений, которые необходимо отбивать. Однако с этим могут возникать проблемы, так как продавать BTC не всегда выгодно. Чтобы определить, когда майнерам стоит избавляться от биткоинов, был придуман «мультипликатор Пьюэлла».

Неизвестные хакеры взломали вебсайт датского производителя конструкторов LEGO Group, опубликовав фишинговую ссылку на платформу по продаже мошеннического токена Lego Coin за эфиры.

Эксперты компании Matrixport сообщили, что с августа по сентябрь доход сети Эфириума вырос в два раза. Исторически стоимость самого эфира коррелируется с прибылью блокчейна, отметили аналитики.

Bitcoin‘s entry into the financial landscape has been remarkable. Many enthusiasts of the cryptocurrency industry demonstrate stark confidence in its potential to transform the monetary sector, further solidifying its stance as a promising investment asset.

Bitcoin Revolutionalizes The Wealth Game Strategies

In a recent post on X (formerly Twitter), Rajat Soni, a financial expert, offered insights on Bitcoin’s monetary power, declaring that the crypto asset is changing the conventional rules of wealth. The expert’s perspective might be driven by BTC’s decentralized nature, its scarcity, and its high return potential.

Specifically, this suggests that a growing number of people see cryptocurrencies as a competitive alternative to traditional assets like stocks, bonds, and real estate as the assets continue to gain popularity worldwide, with BTC leading the charge.

According to the financial expert, many people continue to play by the rules of the old financial system such as cash flow, fractional reserve banks, and others. Meanwhile, all of these conventional rules are being superseded by Bitcoin because it brings digital scarcity to the world.

Soni noted that the biggest mistake anyone can make at this time is not being exposed to the brand-new asset class because BTC has never existed before and can not be found again. Thus, the expert believes that those who understand that the traditional wealth rules are changing at an early stage will succeed, while those who keep operating under the rules of the old monetary system are going to lose badly.

His prognosis can be attributed to his strong belief that over the next 20 years, the crypto asset will be picked ahead of stocks and real estate as a better investment asset by institutional investors. Soni highlighted in another post that he would prefer telling people to learn about BTC rather than buy the digital asset. This is because those without knowledge of BTC will eventually panic sell after investing in it, causing them to regret their actions. “Don’t make the mistake of buying anything before you have an understanding of what you’re buying,” he added.

He underlined that having an understanding of BTC builds an investor’s confidence, and this is crucial since the market is currently in a shakeout phase, which will lead to several investors opting out of their investment because they lack confidence in the crypto asset.

Is BTC Set For More Daily Gains?

Bitcoin is presently demonstrating a healthy price movement after rebounding from a drop to the $60,000 level. The rebound can be attributed to the bullish sentiment around investors, whereby huge capital has flown into the coin, triggering an increase in its trading volume by over 65%.

Currently, BTC has recovered the $63,500 level once again, indicating a nearly 3% rise in the past day. With the heightened positive outlook around BTC and the recent rebound, there is a possibility that the asset could print additional gains in the upcoming days.

Аналитик и основатель торговой компании Eight Майкл ван де Попп заявил, что сейчас на крипторынке наблюдается затишье перед бурей, а на курс первой криптовалюты влияют три ключевых фактора.

Гендиректор и сооснователь компании Meanwhile Зак Таунсенд заявил, что предлагаемый действующей администрацией Белого Дома налоговый сбор в размере 25% от суммы нереализованного капитала нанесет ущерб ранним инвесторам в биткоин, а также приведет к массовой распродаже и бегству инвесторов из цифровых активов.

The Shiba Inu team has been one of the most active teams on social media, with marketing executive Lucie giving the community regular updates on the project. The team has also talked about their expectations for the Shiba Inu price at various times, especially as investors seem to be on the fence with the SHIB price decline. This time around, Lucie has stepped forward once again to reiterate her belief in the project and why she remains confident in SHIB.

Why Lucie Is Confident In SHIB

In an X post, Lucie boldly stated that she continues to be very confident in the Shiba Inu project. The marketing lead who has so far garnered more than 145,000 projects during her time with the SHIB project gave a number of reasons why she remains confident in Shiba Inu and its future.

For the first reason, Lucie explains that it is because Shiba Inu will always make a comeback. She uses the analogy of the “friend who always bounces back no matter what,” pointing to SHIB’s resilience in the market. This is not farfetched given that the SHIB price had initially crashed over 80% following its initial launch in 2020 before going on to become a top 10, billion-dollar project in 2021.

Another reason that the marketing lead remains confident in the Shiba Inu project is the strong community. The SHIB Army has grown to become one of the top crypto communities in the industry. The project’s official X account alone boasts over 3.8 million followers and is regularly trending on the platform. This strong community is one of the major reasons the meme coin has been able to maintain its spot as a top 20 crypto project.

Last but not lead, Lucie points to the fact that the Shiba Inu project keeps evolving. Over the years, the SHIB project has gone from being a joke spinoff of the Dogecoin meme coin to becoming a serious project with its own Ethereum Layer 2 blockchain, a game, and its own metaverse on the way.

The First Shiba Inu Conference Is Coming

Another major development that continues to put Shiba Inu in the spotlight is the announcement of its own crypto conference. The Shiba Inu conference called “ShibaCon” is expected to be held in Bangkok, Thailand, and will begin on November 9, spanning a total of one week to end on November 15, 2024.

Tickets are already being sold for early birds who can secure their spot in conference early. It is the first major crypto conference to be held by a meme project, further boosting Shiba Inu’s standing among the heavy hitters in the industry.

С 15 ноября в Объединенных Арабских Эмиратах (ОАЭ) вступает в силу поправка об освобождении от уплаты налога на добавленную стоимость (НДС) для всех криптовалютных транзакций физических и юридических лиц.

Управляющий директор европейского подразделения биометрического криптопроекта Worldcoin Фабиан Боденштайнер заявил, что компания сместит фокус с европейского рынка на страны Азии и Латинской Америки.

Charles Hoskinson, the founder of Cardano (ADA), addressed the crypto community from London amid a European tour that included Italy and Switzerland on Sunday. In a video update, Hoskinson dispelled rumors about his commitment to ADA while offering insights into other blockchain projects, notably Sui.

Hoskinson Clarifies His Position On Sui

Hoskinson began by acknowledging the polarized nature of the crypto ecosystem. “People are so radicalized and polar that they anticipate the founder of Cardano to always just say negative things about the things that people do,” he said. “If I say anything positive, there’s this immediate impression that I’m abandoning Cardano or somehow being disloyal to the project.”

He emphasized that such tribalism is counterproductive. “That tribalism is intrinsically self-destructive,” Hoskinson stated. “It prevents us from learning and growing together as an ecosystem.”

Hoskinson’s comments about Sui, a high-throughput blockchain project, sparked speculation about his allegiance to ADA. Addressing this, he noted his objective interest in Sui’s technology, particularly its consensus protocol developed by George Danezis, a researcher Hoskinson has known for nearly a decade.

“I’ve been looking at the project with an objective eye,” Hoskinson explained. “Some of the technology comes from George Danezis […] He wrote a paper called Narwhal and Tusk, which is one of the fastest BFT protocols ever conceived—incredibly high throughput, six-figure TPS, low latency.”

He clarified his position regarding Sui: “Not commenting on the distribution, the tokenomics, how they’ve launched—all those things—I haven’t looked at those things, nor do I care about them. I don’t hold any [Sui tokens], and I’m not involved with the project in any way.”

Cardano Remains Number One

Hoskinson also took the opportunity to reaffirm his dedication to ADA and highlighted its advancements. “Cardano is about compositionality and momentum,” he said. “When we make design decisions as an ecosystem, we build on top of those decisions for years to decades to come.”

He addressed criticisms about Cardano’s technology being outdated: “What’s ironic about it is that Ethereum is desperate to try to be Cardano. They’re trying to figure out how to do on-chain governance; they’re trying to have liquid, non-custodial staking; they’re trying to figure out how to bolt on UTXO.”

Hoskinson also detailed ongoing developments within the ecosystem, including the Ouroboros Leios Protocol which “will be the fastest single-shard protocol around, “according to Hoskinson who added, “The CIP is written; we’re nearly done with the prototyping of it.”

Moreover, the ADA founder praised the progress on governance and decentralization: “We have just turned on the largest decentralized government in the entire industry […] There are more than 500 people who have signed up to be DReps.”

He emphasized that ADA’s approach is geared towards long-term success. “Cardano chose that road because it’s a real cryptocurrency, and its aspiration is to be the dominant platform for the economic, political, and social systems of the world,” Hoskinson asserted and claimed, “We have the best network stack, the best consensus architecture, the best programming model.”

Directly tackling the speculation about leaving Cardano, Hoskinson stated: “I will praise from time to time good science and good engineering effort and interesting protocols that come across, but that doesn’t mean in any sense of the word that I’m no longer on the Cardano train.”

He confidently projected Cardano’s future: “Let me be very clear here: Cardano, I do believe, will become the largest cryptocurrency ecosystem in the world. It’s going to take some time, and it’s going to be done by the collective efforts of millions, if not tens of millions, of people working diligently in their own interests in their own projects over the coming years and decades.”

He concluded with a message of dedication and optimism: “I’m here to stay. I love every part of this. Cardano is here to change the world’s economic, political, and social systems, and it’s built purpose hand-in-glove for that expressed reason.”

At press time, ADA traded at $0.36.

Полиция Вьетнама арестовала пятерых человек, которые подозреваются в привлечении инвесторов в мошенническую криптосхему Biconomynft. Злоумышленники гарантировали инвесторам большую прибыль, а затем исчезали с полученными средствами.

Сооснователь Эфириума Виталик Бутерин перечислил 100 ETH на сумму $240 000 в юридический фонд поддержки разработчиков криптомиксера Tornado Cash Алексея Перцева и Романа Шторма.