#A.major.digital.currency is witnessing a meteoric rise, increasing more than 10-fold in record time.

_The popular cryptocurrency, #Solana , SOL/USD, broke the $100 barrier on Saturday, regaining a price level not seen since the eve of the #Terra.cryptocurrency collapse a year and a half ago. At press time, Solana is worth approximately $111.85. Its value increased more than tenfold in 2023, with an increase of 1021%, and rose by more than 90% on a monthly basis, according to data available on the Investing Saudi website.
Saturday's price action capped weeks of frenetic trading that — at least temporarily — catapulted the Solana blockchain to the top of the leaderboard for on-chain activity. Much of these gains are driven by strong bullish speculation for cryptocurrencies over the coming year. Some of the most popular crypto assets being traded on Solana currently are “dog” themed meme coins. Solana is a smart contract platform that supports fast and cheap cryptocurrency transactions. It has been compared to Ethereum, which despite Solana's rise, remains the most popular and popular place for cryptocurrency traders to trade on-chain. This comes in conjunction with the rise of the most famous digital currency in the world, Bitcoin, by more than 160% during the year 2023, which is about to end, as its market value now amounts to about 845 billion dollars.

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#The.Shiba.Inu burn rate increased by 5000%.. What happens?

_#Shiba.Inu.coin , one of the most popular cryptocurrencies in the world of cryptocurrencies, has acquired. Recently, it has witnessed a noticeable increase in its burning rate over the past day. Furthermore, the rise in SHIB's burn rate appears to have orchestrated a torrent of speculative noise across the broader cryptocurrency market on Monday as it emerged amid a price decline seen in the token. A large whale transfer also received notable attention among #cryptocurrency.market enthusiasts. Notably, the whale transfer resulted in the redistribution of approximately 4 trillion SHIB between unknown wallets. Which sparked more speculation about the token. SHIB Burn Amid Whale Activity: Report According to data revealed by #Shibburn , a platform that simplifies SHIB burn metrics. It appears the community has burned 53.13 million SHIB in the past 24 hours. Moreover, according to the data, the burn rate indicated a massive rise of 5043.37%, sparking optimism about the token.
In line with today's spike in burn rate, the cryptocurrency's weekly burn rate also registered a rise of 98.66%. Meanwhile, a big deal also occurred for the whales orbiting the Shiba Inu as the token set a bullish record for burn rate. It unveiled Whale Alert, a platform that provides on-chain metrics. According to data showing the transfer of 4.25 trillion SHIB yesterday, December 24th. According to the data, an unknown wallet, 0x3ce6bed2…87d896c59f, transferred the blocked amount to another unknown wallet, 0x9c570088…a22fd8b51b. Interestingly, the rise in SHIB burning rate, accompanied by whales transferring 4.25 trillion coins. Coinciding with the price drop observed by the token today, it sparked a spiral of speculation across the cryptocurrency horizon. Shiba Inu Price Decline As at the time of writing, the Shiba Inu price has shown a marginal decline of 0.97% and is currently trading at $0.00001077.

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#A.small.digital.currency rises by more than 18 thousand% and outperforms #Solana

_AROUND THE WORLD - Over the weekend, decentralized exchanges (DEXs) on the #Solana.blockchain saw a significant spike in trading volumes, briefly surpassing Ethereum's daily trading volume. This rise was primarily driven by activity surrounding a new cryptocurrency, the Bonk token. The digital currency, whose symbol is #BONKUSD , rose by more than 18,000% during the year. The surge in trading volumes on Solana's DEXs has reached over $3 billion, a milestone that highlights the growing interest and activity in alternative blockchain ecosystems. The rise was significantly attributed to both Bonk token trades and USDC transactions .

Despite this increase in Solana, Ethereum quickly regained its position as the leader in daily DEX trading volumes. Ethereum maintains a significant presence in the decentralized finance (DeFi) sector, holding a 55% share of total value locked (TVL) across all platforms. The market response to Solana's interim leadership demonstrates the competitive and volatile nature of the cryptocurrency market. While Solana's DEXs have enjoyed a brief period of increased activity, investors and traders continue to closely monitor these developments as they indicate changing trends and movements within the DeFi space.

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#Today_Remainds #WorldcoinRise

In 2023, World ID verifications jumped from under a million in January to more than 2.5 million by the end of November. On top of helping protect against sybil attacks, World ID is at the center of Worldcoin’s mission to increase global access to financial services and help address the issues faced by more than 4 billion people worldwide who lack a legal, digitally-verifiable identity.

Additional Orb locations are also opening in both new and existing cities to help make sure everyone who wants to be a part of the Worldcoin community can do so.

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SINGAPORE LAUNCH, USER GROWTH AND EXPANSIONS CAP LANDMARK YEAR FOR WORLDCOIN

Hello Binance Square! Individuals in Singapore can now verify their unique humanness at an Orb in the latest sign of growing global interest in proof of personhood and the Worldcoin project.

After the successful launch of World ID 2.0 and the open sourcing of the Worldcoin iris recognition pipeline in mid December, World ID verifications are now available in Singapore via the Orb, the project’s custom hardware device. A full list of verification locations is available on the Worldcoin Orb locations page.

In addition to World ID verifications, project contributor Tools for Humanity (TFH) has become a member of two of Singapore’s most respected startup and tech associations: ACCESS and the Singapore Fintech Association (SFA). The project launch and association memberships come in the wake of a recent multi-city tour in Asia made by members of the TFH product development team.
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OpenAI CEO promotes Crypto Project Worldcoin after Fundraising Report.

Hello Binance square !OpenAI CEO Sam Altman doubled down on his vision for cryptocurrency project Worldcoin, following reports the company was seeking $50 million in funding.

Worldcoin says it aims to create a global identity and financial network. More than 2.6 million people have signed up to have their irises scanned by Worldcoin's "orb" devices in exchange for a digital ID and free cryptocurrency.

Altman appeared as part of a virtual Q&A hosted by fintech-focused investment bank FT Partners on Thursday, a week after crypto news outlet The Block reported that Tools For Humanity, the company behind Worldcoin, was seeking to raise $50 million from investors.

The company is raising funds by selling the project's crypto tokens at a discounted rate, according to The Block.

Sam Altman, CEO of OpenAI, attend the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023.
"In a world with a lot of AI, knowing who is human matters more and more," Altman said at the event.

"The belief was and is that as AI becomes an increasingly important part of our lives...the ability to identify unique humans was going to be more and more important."

A spokesperson for Worldcoin did not immediately respond to a request for comment on The Block's report.

The firm previously raised $115 million in a Series C funding round led by Blockchain Capital, alongside a16z crypto, and Bain Capital Crypto.

Various regulators, including in the United Kingdom and Germany, have said they were looking into Worldcoin following its launch in July.
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INTEREST IN WORLD ID CONTINUES TO GROW AS IBERIA PASSES 500K VERIFICATIONS

Interest in access to proof of personhood technologies like World ID is continuing to grow globally.

In 2023, World ID verifications jumped from under a million in January to more than 2.5 million by the end of November. On top of helping protect against sybil attacks, World ID is at the center of Worldcoin’s mission to increase global access to financial services and help address the issues faced by more than 4 billion people worldwide who lack a legal, digitally-verifiable identity.

Additional Orb locations are also opening in both new and existing cities to help make sure everyone who wants to be a part of the Worldcoin community can do so.
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#Mt.Gox.creditors.started receiving their money in fiat currencies and #Bitcoin after 10 years.

_According to the latest news on social media. Creditors of bankrupt cryptocurrency trading platform Mt.Gox have started receiving payment after 10 long years of closure. Mt.Gox creditors get refunds in fiat or bitcoin Creditors of bankrupt bitcoin trading platform Mt.Gox have reportedly started receiving fiat payments in exchange for their bitcoins. These creditors' funds have been stranded on the trading platform since February 2014. Reports have emerged on social media, particularly from posts on the Reddit page r/mtgoxinsolvency. Until Mt.Gox sends refunds in Japanese Yen to users through #PayPal (NASDAQ:PYPL).
I received my payment,” Reddit user Free-end254 confirmed. Provided a screenshot of the email containing the PayPal receipt as proof. “I just got money!” Another Reddit user stated. He expressed initial skepticism about the email, thinking it might be a scam. However, they confirmed the legitimacy of the payment when it appeared in their PayPal account. The initial report of Mt.Gox's renewed payments surfaced on December 21, where a pseudonymous Japanese user Repayment to Creditors Bankrupt cryptocurrency trading platform Mt.Gox is working to repay all creditors whose funds were frozen after the trading platform was shut down in 2014. Just one month after Nobuaki Kobayashi, the trustee in charge of Mt.Gox's assets. Communicate via emails with rehab creditors about starting repayment on November 21. In the email, Kobayashi outlined a plan to begin initial repayments to creditors in cash in 2023. With expectations for continued repayments throughout 2024. However, Kobayashi did not disclose specific details regarding the timing of repayments to individual creditors for rehabilitation. We are yet to hear any official statement from Mt.Gox regarding refunds.

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