Cryptocurrencies have revolutionized the way we think about currency and finance. As the world becomes more aware of the environmental impact of traditional currencies, sustainable cryptocurrencies are starting to gain attention. EarthCoin is one of the cryptocurrencies that aims to provide a sustainable and environmentally friendly alternative to traditional digital currencies. In this article, we will discover the potential of EarthCoin and explore why it could be the future of sustainable cryptocurrency. What is EarthCoin? EarthCoin is a decentralized cryptocurrency based on the Proof of Stake (PoS) algorithm. Unlike traditional cryptocurrencies, which require extensive mining and consume significant amounts of…
Author: Crypto Flexs
OKX, one of the world’s largest exchanges, has obtained regulatory license in Dubai, marking its strategic expansion in the United Arab Emirates (UAE). This move is in line with the UAE’s ambitions to become a global cryptocurrency industry player. This vision is also supported by the establishment of the Dubai Virtual Asset Regulatory Authority (Vara) in March 2022. OKX Receives Green Light License for Dubai Expansion Rifad Mahasneh, OKX’s General Manager for the MENA region, emphasized the importance of this expansion. Mahasne said: “We see this as a game changer as we can now target both retail and institutional customers…
Cryptocurrency intelligence platform DappRadar has reported an explosion in user activity for one Ethereum (ETH) challenger in 2023, with decentralized applications (DApps) seeing notable growth over the period. According to DappRadar’s annual industry report, smart contract platform Near (NEAR) recorded 302,000 new unique active wallets (UAW) last year, representing a year-on-year (YoY) increase of 1,902%, the highest among all chains. Enterprise-grade blockchain Klaytn (KLAY) and layer 2 scaling solution Arbitrum (ARB) were the networks with the highest UAW growth, ranking behind Near. This represents 73,000 new UAWs (an increase of 1,099%) and 88,000 UAWs (an increase of 624%). , each.…
join us telegram A channel to stay up to date on breaking news coverage New cryptocurrency project They often have more upside potential for buyers than traditional high market capitalization coins, i.e. ‘cap stocks’. CMC, Coingecko and other reputable platforms list tons of new tokens every day. Each of these new coins claims to offer high returns to investors in the future. These claims may be valid for some tokens, but some are scam projects. While analyzing newly listed coins, we came across three coins: Amnis Finance, Vitra Studios, and PhoenixCo. This new coin has shown excellent prospects for outstanding…
The U.S. Securities and Exchange Commission (SEC) has agreed to delay the trial of Terraform Labs and its co-founder Do Kwon pending Mr. Kwon’s extradition. This is according to a filing filed by the SEC with the U.S. District Court for the Southern District of New York on January 15, 2024. The trial, originally scheduled to begin on January 29, is now proposed to begin on March 18, 2024.. Kwon, who is currently in Montenegro following his arrest in March 2023, is accused of facilitating a $40 billion cryptocurrency fraud. The SEC, fully prepared to proceed with the trial, joined…
Bitcoin (BTC) closed last week at around $41,750, down 5.0% from the first week of the new year, at around $43,750. The price showed significant volatility, mainly influenced by the approval of the BTC spot ETF, which heightened market dynamics. The week began with a strong upward trend on Monday in anticipation of approval, witnessing a 9.0% price increase and reaching nearly $47,000. On Tuesday, BTC reached close to $48,000 before facing significant volatility due to false news about the approval, before falling below $45,000 before stabilizing around $46,000 overnight. The SEC on Wednesday granted approval for a BTC spot…
With the threat of artificial intelligence to democracy a top concern for policymakers and voters around the world, OpenAI announced plans Monday to ensure transparency in AI-generated content and improve trustworthy voting information ahead of the 2024 elections.Since the release of GPT-4 in March, generative AI and its potential for misuse, including AI-generated deepfakes, have become a central part of the conversation surrounding AI’s meteoric rise in 2023. By 2024, we could see serious consequences from such AI. Misinformation has dominated important election periods, including the US presidential election.“As we prepare for elections in the world’s largest democracy in 2024,…
Cardano’s DEX trading volume has surged amid ongoing discussions about stablecoins on the network. Cardano-based stablecoin USDM has confirmed its launch update. Cardano (ADA) has seen its price drop significantly over the past month amid renewed interest in altcoins. Despite these modifications, there may be optimism about ADA as interest in the ecosystem expands. volume surge One indicator of growing demand in the Cardano ecosystem has been the rise in popularity of decentralized exchanges (DEXs). Minswap, a popular DEX for Cardano, has seen a surge in daily trading volume, surpassing 10.5 million ADA. This increase in DEX volume suggests a…
Gulf Binance, a joint venture between Binance and Thailand’s Gulf Innova, has launched cryptocurrency exchange services for the general public in Thailand. Invite-only test November.In a statement shared with The Block today, Binance said that Gulf Binance, founded by Binance Capital Management and Gulf Energy Development, will begin full operations of Binance TH, a cryptocurrency exchange and brokerage platform. According to the statement, Thai users can buy and sell cryptocurrencies by linking their Binance TH account with their local currency.The launch of the Thai exchange comes after the company. Acquired cryptocurrency exchange and brokerage license From the National Treasury in…
Amid much anticipation approval Regarding Bitcoin spot exchange-traded funds (ETFs), which have sparked excitement in the cryptocurrency industry and opened the door to institutional investment, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said: expressed critical views about it. Aren’t cryptocurrency assets the same as money? In recent years interview Speaking with Yahoo Finance, Georgieva emphasized the distinction between money and cryptocurrency assets when discussing cryptocurrencies. According to Georgieva, cryptocurrencies should be considered an asset class rather than a form of currency. She highlighted the different levels of security and risk associated with different cryptocurrencies depending on whether the asset…