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you can now "connect " to read your #Forbes newsletter.
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Screven County, Georgia, made history on November 5, 2024, by becoming the first U.S. county to use the #Bitcoin blockchain to secure its election results. Partnering with Simple Proof, a company specializing in safeguarding digital records using Bitcoin’s immutable ledger, the county ensured that its election data—such as vote tallies and summaries—could not be altered. This process involves timestamping documents on the blockchain using cryptographic technology. Stacy Scott Mincey, the county's election supervisor, adopted this approach to enhance voter confidence and avoid disputes seen in other counties. Simple Proof, previously used in Guatemala's presidential elections, made the process seamless, requiring only the emailing of reports to their system for blockchain verification. While Simple Proof secures records, the integrity of the votes remains the responsibility of local election boards. In Georgia, this is supported by a combination of machine and paper ballot systems, along with routine audits. Simple Proof and its team hope to expand their services statewide and nationally, highlighting the technology's simplicity and affordability. Both Mincey and Simple Proof envision broader adoption in future elections. $BTC
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#santimentfeed 🥳📈 XRP has now broken a 3-year high, reaching $1.2679 on Binance for the first time since November 11, 2021. This rally has come on the backs of key whale & shark wallets that hold between 1M-100M tokens. This group has collectively accumulated 453.3M more tokens (worth $526.3M) in the past week alone. Meanwhile, the coins that they are accumulating are mainly coming from retail traders attempting to dump their coins on any small $XRP rally. Wallets with under 1M XRP have collectively dumped 75.7M tokens (worth $87.9M) this past week. Historically, any cryptocurrency tends to see positive market cap growth when its key stakeholders are increasing their holdings and confidence, while simultaneous retail FUD fuels this growth more. This has been the exact scenario unfolding for crypto's now #6 market cap asset. 👍
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Total Value Locked (TVL) across various blockchain platforms. 1. Top Chains by TVL: - Arbitrum One leads with a TVL of $15.04 billion, showing a 70% increase over the past year - #ARBİTRUM - Base follows at $9.73 billion, showcasing a significant 1,365% growth in a year - #BaseChain - OP Mainnet holds $6.54 billion with a yearly increase of 73%. 2. Remarkable Yearly Growth: - #scroll exhibits the most substantial growth at 2,204% over the past year. - #MantaPacific and #Metis have also experienced impressive growth, with 1,977% and 2,261% respectively. 3. Daily Trends: - The daily change shows mostly negative trends for several chains, with Scroll experiencing the steepest drop of 8.7% in a 24-hour period. - Some chains, like Base, managed a slight positive gain (+0.9%) daily. 4. Monthly and 30-Day Trends: - Positive 30-day changes are notable for Mantle at 30% and Base at 23%. - Gravity and Scroll faced declines of 13.3% and 35.2% over 30 days, respectively. The data reflects varying trends across different blockchain platforms, indicating changes in user engagement, capital influx or overall market performance. $ARB $OP $MANTA
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The stablecoin market cap data highlights the performance of various blockchain platforms in terms of locked #Stablecoins . #ArbitrumOne leads with $4.96 billion, showing a 1.5% increase in 24 hours, 11% growth over 30 days and a yearly rise of 125%. #BaseChain follows at $3.33 billion, with a slight 0.4% daily decline, a 5% drop in 30 days, but an impressive yearly growth of 1262%. Other notable performers include #worldchain , with a 188% yearly increase, and Mantle, which surged 368% over the year. On the other hand, #scroll saw a significant 67% decline in 30 days despite a yearly growth of 223%, while **ZKSync Era** dropped 51.7% over the past month. Smaller platforms like **Metis**, **Polygon zkEVM**, and **Manta Pacific** show mixed trends, with **Polygon zkEVM** achieving 106% growth annually, while **Immutable X** faced a 23.3% yearly decline. These trends highlight the varying adoption and retention rates of stablecoins across different blockchain ecosystems.
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