3AC Liquidators Just Filed a $1.3 Billion Claim Against Terraform Labs
Allegedly misled by Terraform about the stability of TerraUSD (UST) and $LUNC , 3AC's sizable investments were caught up in the catastrophic downfall of the Terra ecosystem
Judge orders Ripple to pay $125 million in civil penalties, officially ending SEC lawsuit and concluding that $XRP is not a security
Brad Garlinghouse, CEO at Ripple comments "The SEC asked for $2 billion and the Court reduced their demand by approximately 94% recognizing that they had overreached. We respect the Court's decision and have clarity to continue growing our company
This is a victory for Ripple, the industry, and the rule of law. The obstacles that the SEC had against the entire XRP community are gone"
We have always promoted Dollar Cost Averaging (DCA) as a strategy to buy/sell cryptoassets, this fall in the markets is an opportunity to improve the average entry of cryptocurrencies into our portfolio, without being corrupted by greed
This opportunity also allows us to add one of those gems of the crypto ecosystem that sneaked into the top100 during the current year and that had escaped our hands.
Of course, like any long-term investor, keep our crypto assets in Simple Earn.
Tether Holdings Limited, the company behind the world's largest stablecoin USDT, has reported a profit of $5.2 billion in the first half of 2024, according to its latest quarterly certification report.
I have opted for this long-term project, do your research, participate in this activity
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Telegram reaches 950 million users, the milestone was obtained thanks to the immense interest in tap-to-earn (T2E) games, which proliferate in the application and the rise of The Open Network (TON)
Galaxy Digital Holdings acquires nearly $1 billion worth of staked Ethereum, increasing the company's total percentage of staked crypto tokens by approximately 43%
The company owned by Michael Novogratz said in a statement on Friday that it had assumed ownership of the tokens following the purchase of node operator CryptoManufaktur (CMF).
The Republican Party has unveiled a draft platform that takes a strong stance on cryptocurrencies and artificial intelligence, positioning itself in opposition to what it perceives as a "crypto crackdown" by Democrats.
The platform places emphasis on the protection of Bitcoin mining rights and individual freedom in managing digital assets, the draft also addresses artificial intelligence policy and criticizes President Biden's executive order on the issue
Avalanche, also known as $AVAX , has gained popularity in the world of decentralized finance (DeFi) due to its innovative approach and cutting-edge technology, which has stood out for its ability to process high volumes of transactions quickly and securely. , one of its distinctive features is its unique consensus called Avalanche Consensus, which allows almost instantaneous transactions and high throughput, this differentiates it from other #criptomonedas that often suffer from network congestion and high transaction fees
The #Avalanche network also offers the ability to create smart contracts and decentralized applications (dApps), making it a versatile platform for developers and users. In addition to its advanced technology, AVAX has attracted the attention of investors for its focus on interoperability. and scalability, the Avalanche network seeks to solve the challenges of traditional blockchains by enabling the transfer of assets between different networks, facilitating mass adoption and integration with other crypto ecosystems.
In terms of adoption, AVAX has been well received by the crypto community and has gained traction in the financial markets, its strong development team and focus on technological innovation position it as a promising cryptocurrency in the current decentralized finance landscape.
In short, AVAX is a cryptocurrency that has captured the attention of investors and developers due to its cutting-edge technology, focus on scalability and interoperability, and its ability to drive DeFi adoption, with its growing fan base and With its strong technological foundation, AVAX promises to play a significant role in the future of the crypto ecosystem