🗞️ Flash-News: SEC launches 'Crypto Task Force' page on its website, with the goal of establishing a clear regulatory framework for cryptocurrencies. 🇺🇸
🇫🇷 Donald Trump has signed an executive order imposing tariffs of 25% on imports from Canada and Mexico , and 10% on Chinese products .
⚡️ The official reason given is the fight against drug trafficking and illegal immigration, but experts see it as a further escalation of the global economic conflict.
❗️ The response has been swift: Canada and Mexico have announced retaliatory measures, while China is preparing a lawsuit at the World Trade Organization (WTO) and could impose sanctions against the US technology sector.
📉 As a result: - U.S. stock market indices began to fall rapidly. - BTC plunged to $91,000 ; - ETH fell below $2,100 ; - Meme coins fell by 30-40% .
Coinglass: In the last 24 hours, crypto positions worth $2,000,000,000 have been liquidated.
🔽 Long-term traders were the hardest hit , losing $1.79 billion .
🟠 A total of 708,604 traders were affected , with the largest liquidation taking place on Binance in the ETH/USDT pair, for a total of $25.64 million .
🗞️ The Trump family's crypto project, World Liberty Financial, bought 86,000 ETH for $220 million during today's drop, then transferred the funds to Coinbase.
🗞️ Hedge fund Elliott Management warns that Donald Trump's infatuation with cryptos is inflating a speculative bubble that could "wreak havoc" when it bursts, and deems backing dollar-competing assets "dangerous". (Financial Times)
Here are some African personalities certified or recognized for their contributions in the field of
1. John Kamara (Kenya) Founder of Adanian Labs and Blockchain expert, John Kamara is a technological entrepreneur and an advocate of digital innovation in Africa. He is a recognized speaker and consultant in the fields of Blockchain, artificial intelligence and fintech, with several certifications in these fields. 2. Alakanani Itireleng (Botswana) Known as the "Bitcoin Lady", Alakanani Itireleng is one of the first people to have introduced Bitcoin and Blockchain technology to Botswana. She is t
Market Trends: The market is on a downward trend, with an acceleration in capital turnover. Older coins are catching up, while meme tokens are flying erratically. US stocks fluctuate. The stock market is closed Monday for Christmas, and there is a 90% expectation of a rate cut in March.
Market Highlights: Solana (SOL) has grown significantly, becoming one of the top three blockchains by market capitalization. Spot and futures trading volumes for SOL have exceeded those for Bitcoin (BTC). The instant feature of the Zebec protocol allows SOL USDC to be deposited onto debit cards, similar to BUSD. Polkadot (DOT) tokens like Mosurgonriver (MOVMR), KAMA (GAMA) (GAMA) (GAMA) (GAMR) (GAMR) (GAMR) (GAMR) (GAMR) (GAMR) (Capital is turning to the Polkadot ecosystem previously late, indicating a later stage in the market cycle. Layer 2 solutions Optimism (OP) and Métis saw major increases. OP releases 80 million USD this week. Métis has allocated funds to establish an ecosystem foundation. Ethereum announced the testnet schedule for the Cancun upgrade. In the Bitcoin ecosystem, BakerySwap (BAKE) has surged. BAKE announced its next IDO project, Bitland.
Ledger hack: When the crypto security symbol puts DeFi in danger
Ledger, the French flagship of crypto hardware wallets, is in turmoil. A worrying flaw was discovered in the code of its system for connecting to decentralized finance (DeFi), posing serious security challenges for the company and its users.Back to the hackLedger's Connect Kit, used to integrate decentralized applications (dapps) with Ledger products, was the target of a hacking attack. The incident was initially reported by Matthew Lilley, CTO of Sushi, who warned users of the compromise of the
China has launched a blockchain-based identity verification system, which allows citizens to authenticate online with their national ID card. But is this really a good idea? Thread✍🏾The system, called Blockchain-based Service Network (BSN), aims to facilitate access to public and private online services, such as banks, insurance, transportation, etc. It uses blockchain technology to store and share identity data securely and transparently.But there is a catch: the BSN is controlled by the Chine
Google Cloud joins forces with MultiversX and further strengthens its presence in Web3
Two industry giants, MultiversX and Google Cloud, have just sealed a strategic partnership. Together, they aim to act as catalysts, stimulating the widespread adoption of blockchain solutions in these major spheres of innovation. Partnership between Google Cloud and MultiversX: propelling Web3 into a new era Through...
Ferrari Will Accept Crypto Payments for Its Luxury Supercars in the U.S. : In response to rising client demand, Ferrari, the renowned luxury car maker, plans to accept cryptocurrency payments for its premium sports cars.
Solana becomes a partner of the Dubai Free Economic Zone The Solana Foundation becomes a partner of the Dubai Free Economic Zone, one of the prestigious free economic zones in the United Arab Emirates. This collaboration aims to provide enhanced technical support to the DMCC Crypto Centre, a hub dedicated to Web3 and blockchain businesses.
💰 🇿🇼 Zimbabwe is turning the gold-backed Zimbabwe Gold ( $ZiG) digital token into a means of payment. The aim is to persuade local investors to invest their money in national assets rather than US dollars. The Reserve Bank of Zimbabwe first presented this project in April 2023.
🇩🇪 Deutsche Bank, which manages €1.3 trillion in assets, will launch digital asset storage and tokenization services. “As the digital asset industry will span trillions of dollars in the future, it will definitely be considered one of the priorities for investors.”
Token Generation Event refers to the release of a token by dapp developers over a certain period of time. It also refers to the time interval in which a token is issued; it is a process of releasing tokens that have been developed on a blockchain network associated with decentralized applications ( dapps ) by a dapp developer.
In other words, the process of releasing a token by dapp developers within a specific time interval is called a Token Generation Event or TGE. TGE plays an important r