Tony Kim November 22, 2024 01:00 Japan’s cryptocurrency landscape is experiencing a growing problem of money laundering and fraud, despite a decline in illicit activity globally. On-chain analysis reveals serious financial threats. Japan’s cryptocurrency ecosystem faces serious problems related to money laundering and fraud, despite a decline in illicit activity globally. According to Chainalysis, while the global cryptocurrency environment has seen positive developments, such as the approval of Bitcoin and Ethereum ETFs in the United States, Japan is facing unique threats. Global and regional trends Globally, the use of cryptocurrencies for illicit activities decreased…
Author: Crypto Flexs
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reporter Posted on: November 22, 2024 Huzz coin plummeted after rising 100x amid massive profit taking. Can HUZZ accelerate its recovery and reverse its recent losses? TikTok meme coin We’ve seen massive market shifts, especially among top competitors like Just A Chill Guy (CHILLGUY) and Huzz coin (HUZZ). On November 20, CHILLGUY ranked first with a market capitalization of $240 million, followed by HUZZ with $27 million. November 21st, CHILLGUY’s market size decreased slightly to $400M after tapping $500M. However, HUZZ decreased significantly from $27 million to $4 million. This is an 85% drop in HUZZ in a matter of…
The much-anticipated massive bull market for Dogecoin could be just around the corner, as a cryptocurrency expert claims DOGE is gearing up for the next rally that will potentially hit new all-time highs. This forecast follows DOGE’s recent rally over the past few weeks, suggesting a resurgence of upward momentum. Dogecoin is set to make huge gains in the coming weeks Amid growing optimism about Dogecoin, seasoned cryptocurrency expert and investor Trader Tardigrade has declared that the meme coin is gearing up for its next major run. The Tardigrade trader shared his predictions on the X (formerly Twitter) platform, which…
Terrill Dickey November 22, 2024 00:26 Learn how NVIDIA NIM microservices enable organizations to build AI agents that streamline content creation while maintaining human oversight. AI agents based on large language models (LLMs) are transforming organizational workflows by automating complex tasks and reducing manual tasks, according to an NVIDIA blog post. These agents utilize multi-step, iterative reasoning to analyze problems, devise solutions, and execute tasks using a variety of tools. But despite these capabilities, human oversight is still essential to manage potential risks and ensure AI applications are used responsibly. Introduction to NVIDIA NIM…
Chainwire, Sydney, Australia, November 21, 2024 GMT DAO, an independent community organization of GMT holders, is pleased to announce the launch of the GMT Burn Initiative, an event designed to place the future of GMT firmly in the hands of the community. This initiative will allow GMT holders to vote on the burn decision. 600 million Greenwich Mean Time, This equates to $100 million, making it one of the most ambitious token burns in the web3 ecosystem. The GMT Burn Initiative reflects GMT DAO’s commitment to transparency, governance, and sustainable token management. This community-driven approach is consistent with the DAO’s…
Chinese court warns that Bitcoin is a commodity but its use is illegal According to Sun Jie, a commercial judge at the Shanghai Songjiang District People’s Court, cryptocurrencies are considered commodities in China and are not explicitly prohibited by law. However, cryptocurrency activities such as trading, issuance, or payments are considered illegal financial activities. Judge Sun Jie warned that although Bitcoin is a commodity, cryptocurrency trading comes with legal risks. (Songjiang District People’s Court) Sun’s statement, posted on Songjiang Court’s official WeChat channel, provides legal guidance for cryptocurrencies during the booming market cycle, which she calls the new “gold rush.”…
Palo Alto, CA, November 21, 2024, Chainwire Integration to strengthen Aptos’ DeFi use cases, expand interoperability, and simplify global payment solutions for merchants. The Aptos Foundation announced today that Circle’s native USDC and Cross-Chain Transfer Protocol (CCTP) will be integrated into the Aptos network, and Stripe is adding support for Aptos to its cryptocurrency products. These integrations will make Aptos the home of interoperable DeFi and the fastest, cheapest, and most reliable enterprise-grade blockchain, further expanding the global financial ecosystem. Aptos integration into Stripe’s cryptocurrency on-ramp and payout product paired with native USDC provides a stable fiat on-ramp to the…
Chinese court warns that Bitcoin is a commodity but its use is illegal According to Sun Jie, a commercial judge at the Shanghai Songjiang District People’s Court, cryptocurrencies are considered commodities in China and are not explicitly prohibited by law. However, cryptocurrency activities such as trading, issuance, or payments are considered illegal financial activities. Judge Sun Jie warned that although Bitcoin is a commodity, cryptocurrency trading comes with legal risks. (Songjiang District People’s Court) Sun’s statement, posted on Songjiang Court’s official WeChat channel, provides legal guidance for cryptocurrencies during the booming market cycle, which she calls the new “gold rush.”…
Tony Kim November 21, 2024 21:47 Sui’s ecosystem is evolving with the introduction of native stablecoins, reshaping DeFi, and creating new opportunities. Look at the impact of USDY, AUSD, USDC and FDUSD. The Sui blockchain is marking a significant milestone in its journey with the introduction of its native stablecoin, which is poised to reshape the decentralized finance (DeFi) landscape and open the way to new opportunities, the Sui Foundation said. These developments mark a maturing phase for the Sui ecosystem, moving from reliance on bridged or wrapped stablecoins to more autonomous financial products.…
Chainwire, London, UK, November 21, 2024 Ike is proud to announce its official launch. Liquid Staking Token (LST), SA0From Aleph Zero. This milestone provides the Aleph Zero community with a new way to participate in the network by providing staking flexibility without compromising on rewards. What is sA0? SA0 Ike’s native Liquid Stake Token designed to enhance your staking experience on Aleph Zero. sa0 allows users to stake AZERO tokens to keep their assets liquid while supporting network security and earning rewards. This means that sA0 tokens can be used across Aleph Zero’s ecosystem, opening up new opportunities for engagement…