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somehow feel correction is near !
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FLUX Token: A cross-chain pioneer driving a decentralized future” 1. Basic Overview FLUX token, full name Flux Token, is the cross-chain native utility token of Flux Protocol. Flux Protocol is a cross-chain oracle network supported and developed by the Open Oracle Association, which aims to provide smart contracts with access to economically secure data sources for anything for decentralized applications (DApps). FLUX tokens play an important role in the Flux ecosystem, not only for paying transaction fees on the network, but also for incentivizing network participants (such as miners and node operators) to maintain network security. 2. Technical Features Cross-chain capabilities: FLUX tokens support cross-chain operations, allowing data to flow freely between different blockchain networks, enhancing the interoperability and flexibility of the entire ecosystem. Data Security: As part of the oracle network, FLUX tokens ensure that smart contracts have access to economically secure data sources, thereby improving the reliability and security of DApps. Decentralized governance: FLUX token holders can vote on proposals and decisions related to network development, participate in the decentralized governance process, and ensure the fairness and transparency of the network. 3. Economic Model Deflationary supply mechanism: After part of the transaction fees paid in FLUX are destroyed, the total supply of tokens will be gradually reduced. This deflationary model helps to alleviate inflation and increase the value of the remaining tokens. Staking and Incentives: FLUX tokens can also be used as collateral for nodes to dispute and challenge data results, making transactions fair, transparent and rewarding for participants. 4. Market Performance FLUX tokens have been listed on many mainstream exchanges including Binance, KuCoin, etc., and have high market liquidity and recognition. The price of FLUX tokens has shown an upward trend, demonstrating its good market potential and investment value. DYOR before investing !
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Why #Zcash ’s Price Topped the #CryptoCharts Last Week? Zcash Leads Market Gains as Founder Returns and MetaMask Integrates Support - Last week, Zcash (ZEC) emerged as a leading crypto asset, securing the fifth spot among top gainers. By Tuesday, it trailed only Aptos (APT) at #4, with Sui (SUI) leading the week’s gains at +57%. Zcash saw a remarkable 29% gain over seven days and surged 56% from its low point between August 5 and August 12. Why Did Zcash Outperform? While much of the cryptocurrency sector struggled, Zcash’s impressive performance can be attributed to several factors: 1. Founder’s Return: Zcash’s recent rally coincides with the return of its founder, Zooko Wilcox. After stepping down as CEO of the Electric Coin Company in December, Zooko announced his return to lead the project through Shielded Labs. His comeback has been positively received, with support from notable figures like Ethereum founder Vitalik Buterin, who emphasized the importance of Zcash’s mission beyond individual contributions. 2. #Metamask Integration: In early August, MetaMask, the leading Web3 wallet for Ethereum and DeFi, announced support for Zcash. This integration, bolstered by a $150,000 matching grant from MetaMask for developing a MetaMask Snap to support Shielded ZEC, has further boosted Zcash’s market appeal. The Broader Impact - The excitement around Zcash’s developments, alongside a broader recovery rally in the crypto market, has contributed to its gains. Additionally, Monero (XMR), another privacy-focused cryptocurrency, also saw price increases, suggesting a potential surge in interest for privacy coins. - Zcash, a privacy-focused coin derived from #Bitcoin’s codebase, continues to attract attention and investment as it strengthens its position in the crypto space.
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Real work on cryptocurrency was done way before you think! Many people believe that Bitcoin emerged suddenly and was created by a single person named Satoshi Nakamoto. However, in reality, Bitcoin is the result of the efforts of dozens or even hundreds of people over the course of 40 years.
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Top 10 Largest Banks in the World in 2054 1. JPMorgan Chase Total Assets: $4.090 Trillion Overview: The largest bank in the United States, leading in investment banking and financial services. Early adopter of the FedNow instant payment system. 2. Bank of America Total Assets: $3.273 Trillion Overview: Major player in investment banking, wealth management, and trading. Serves over 68 million consumers and 3 million small businesses. 3. Industrial and Commercial Bank of China Total Assets: $6.592 Trillion Overview: The largest bank in China, known for extensive global lending operations. 4. Agricultural Bank of China Total Assets: $5.838 Trillion Overview: Supports China’s agricultural sector and operates internationally. 5. Wells Fargo Total Assets: $1.959 Trillion Overview: Provides comprehensive financial services globally, integrated with the FedNow system. 6. China Construction Bank Total Assets: $5.502 Trillion Overview: Key player in China’s construction and infrastructure projects, with extensive corporate and retail banking services. 7. Bank of China Total Assets: $4.661 Trillion Overview: One of China’s oldest banks, with a significant international presence and focus on currency stability and economic growth. 8. Morgan Stanley Total Assets: $1.228 Trillion Overview: American investment bank known for global financial services, recently expanding its alliance with Mitsubishi UFJ Financial. 9. Goldman Sachs Total Assets: $1.698 Trillion Overview: Leading global investment banking, securities, and investment management firm, influential in mergers and acquisitions. 10. HSBC Total Assets: $3.000 Trillion Overview: British banking group serving 42 million customers across 62 countries, with a strong international network. $BTC DYOR before investing
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BlackRock, Inc. is the world's largest asset management firm, BlackRock, Inc. is the world's largest asset management firm, known for its significant influence in the financial markets. Here are a few key historical moments involving BlackRock இன்றைய உலகளாவிய பொருளாதாரத்தில் மிக முக்கியமான இடத்தைப் பெற்றுள்ள BlackRock பற்றி. . BlackRock, Inc. என்பது உலகின் மிகப்பெரிய சொத்து மேலாண்மை நிறுவனம் ஆகும், இதன் நிதி சந்தைகளில் மிக்க செல்வாக்கும் உள்ளது. இதை 1988-ல் லாரி ஃபின்க் (Larry Fink) மற்றும் அவரது கூட்டாளர்கள் சிலரால் நிறுவப்பட்டது. முதலில் இது ஒரு ஆபத்து மேலாண்மை மற்றும் நிலையான வருவாய் நிறுவனமாக இருந்தது, ஆனால் பின்னர் ஒரு சர்வதேச முதலீட்டுத் தனியார் நிறுவனம் ஆக மாறியது. Founding 1988: BlackRock was founded by Larry Fink, along with Robert S. Kapito and a group of partners. Initially, it was a risk management and fixed income institutional asset manager. Over time, it grew into a global investment management corporation. Influence and Power 2010s - Present: BlackRock became increasingly influential, managing trillions of dollars in assets. The firm is known for its Aladdin platform, which provides risk management and portfolio management tools to many of the world's largest financial institutions. BlackRock's size and influence have made it a key player in financial markets, and it is often called upon by governments and central banks for its expertise, particularly during times of economic crisis
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