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Depending on how you look at it, this could be ominous for Coinbase’s future growth or simply a matter of common sense. ETH and BTC are the two largest networks, but that hasn’t prevented, say, Solana from finding a user base. Not every token will be a winner, but presumably
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In the ever-evolving crypto world, investors are constantly looking for the next best crypto to invest in. In recent days, XRP, the native token of the XRP Ledger (XRPL), has been wavy, edging lower. As such,
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MakerDAO, the decentralized autonomous organization (DAO) that governs the DAI stablecoin, has voted overwhelmingly to keep USD Coin (USDC) as the primary collateral for DAI. An alternative proposal to “diversify” collateral into Gemini U.S. Dollar (GUSD) and U.S. Dollar Paxos (USDP) has been rejected in a 20% to 79% vote,
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“FTX has shown our entire industry that accountability, diversification, transparency and prudent and active risk management protocols are an absolute necessity that shouldn’t be ignored,” Sean Ellul, co-founder of Web3 architecture firm Metaverse Architects and co-author of the proposal, told CoinDesk. Original Source
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The incoming governor of the Czech National Bank (CNB), Aleš Michl, has said he plans to increase the institution’s gold holdings almost tenfold from the current 11 tonnes to 100 tonnes. Michl also said he will ask the bank’s foreign exchange reserves management team to invest in stocks. Growing the
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