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Ether’s (ETH) DeFi activity has declined in the bear market and the sector faces further competition from Ethereum’s annual staking reward of 4%, according to Glassnode analysts. However, a DeFi narrative is building around liquid staking derivative (LSD) tokens that could revive Ethereum’s network activity.The percentage of gas consumed by
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A dozen European Union (EU) politicians have signed a letter calling for the “safe” development of artificial intelligence (AI) as Google's CEO cautioned against releasing powerful AI tech before society has had a chance to adapt.An April 16 open letter shared on Twitter by EU Parliament member, Dragoș Tudorache, called
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press release PRESS RELEASE. Zurich, Switzerland, April 1st, 2023 – Since its launch at the end of 2021 by founders Cristian Andrei, Shailesh Rajput, and Alexandru Badoi, IXFI has attracted nearly 9 million unique visitors and over 350,000 active platform users. The IXFI app has ranked among the top 15
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BRICS, a set of countries grouped as an alternative to the G7, is now the world’s largest gross domestic product (GDP) bloc, taking purchasing power parity into account, according to reports from Acorn Macro Consulting. Powered By China’s growth, the group now contributes 31.5% to the global GDP, while the
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One thing that has distinguished traditional banking from crypto, in the eyes of many financial experts, is stability. There's a strong belief that most people who put money into an account at a prominent bank will generally leave it there, indefinitely – whether due to comfort, satisfaction, relationships, laziness, lots
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Bitcoin and ether, the two largest cryptocurrencies by market volume, held steady within the narrow ranges they've occupied since mid December. Source
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On-chain data shows small Bitcoin holders have accumulated recently while whale holdings have decreased, a sign that may be bullish in the long term. Bitcoin Investors With 0-1,000 Coins Have Increased Their Holdings Recently As a Twitter user has pointed out using data from Santiment, holders with wallet amounts in the 0-1,000
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As the DeFi ecosystem tends toward maturity, the combined activities in this unique offshoot of blockchain technology rake in as much as $8.2 billion in fees.The digital currency industry and the Decentralized Finance (DeFi) ecosystem have been embroiled in a hash crypto winter for the better part of 2022. Despite
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On-chain data shows Bitcoin holders have done some rapid fresh accumulation recently, something that may lead to bottom formation for the cycle. Bitcoin 1w-1m Realized Cap UTXO Age Bands Have Sharply Gone Up As pointed out by an analyst in a CryptoQuant post, the percentage of the BTC realized cap that was
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Nigeria’s Economic and Financial Crimes Commission (EFCC) recently claimed it had identified individuals and organizations whose rapid accumulation of U.S. dollars recently accelerated the depreciation of the local currency, a report said. According to Abdulrasheed Bawa, the EFCC chairman, his organization is currently going after foreign currency speculators in Kano,
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