Top Blockchain Games by Volume in last 30 days 🔥🔥🔥 -Axi

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On April 24, the Bitcoin ETF market showed mixed performance, with significant developments: 📉 BlackRock's iShares Bitcoin Trust ETF (IBIT) saw no new investments for the first time, ending a 71-day streak of gains. 💰 Overall, the sector experienced a substantial net outflow of $121 million, primarily driven by a significant outflow of $130 million from the Grayscale Bitcoin Trust ETF (GBTC). 📈 Despite this, Fidelity’s Bitcoin ETF (FBTC) and Ark 21Shares Bitcoin ETF (ARKB) stood out by registering net inflows of $5.61 million and $4.172 million, respectively. 📊 These inflows have contributed to the historical totals of FBTC and ARKB, with FBTC reaching $8.186 billion and ARKB hitting $2.272 billion. 🛑 While the halt in IBIT’s inflow streak is notable, analysts like Rachael Lucas from BTC Markets caution against overreacting, noting that such fluctuations are common and influenced by broader market conditions and geopolitical factors. 🔄 In addition, there are reports suggesting that Morgan Stanley may soon allow its brokers to recommend Bitcoin ETFs to clients, potentially introducing new guidelines for risk tolerance and trading limits. 💡 Despite recent outflows, the outlook for Bitcoin ETFs remains optimistic, especially with potential endorsements from major financial institutions like Morgan Stanley. The ongoing integration of cryptocurrencies into traditional finance signals a promising future for Bitcoin ETFs. #ETF✅ #BTC #bitcoin

Worldcoin is taking steps to update its verification technology and introduce new Orb models in various colors, with the aim of expanding its global availability. 🌐 This move is part of Worldcoin's strategy to bolster its presence in the AI and financial sectors. Bloomberg reports that Worldcoin, co-founded by Sam Altman, is in talks with OpenAI and other industry leaders, although specific details regarding these discussions remain undisclosed. 🤝 Tools for Humanity, the organization managing Worldcoin, is broadening its collaborations beyond the AI industry, seeking to diversify its technological and financial partnerships. Alex Blania, CEO of Worldcoin, discussed the importance of these strategic partnerships in a recent Bloomberg interview, highlighting their potential to extend Worldcoin's operational reach. ⚙️ In June 2023, Worldcoin forged a significant partnership with Okta. This collaboration integrated Worldcoin authentication into Okta’s platform, enabling developers to offer it as a login option and positioning it as a competitor to established tech giants like Apple and Google. 🔍 The Orb, a biometric imaging device, lies at the core of Worldcoin’s system and serves as the foundation of its identity verification process. It distinguishes between real humans and AI or robots. Given the proliferation of advanced AI and chatbots like ChatGPT, accurate human identification has become increasingly crucial. 🛠️ Blania disclosed that the current Orb model was initially a prototype and was never intended for widespread release. To promote greater transparency, Worldcoin has made certain components of its verification software open-source. 💬 The company is shifting away from the term “universal basic income,” previously championed by Altman, and embracing “distribution of scarce resources” instead. This updated terminology aims to better encompass the breadth of resource distribution, including critical resources like computing power for AI. #WorldCoin. #Worldcoin #Worldcoin

The value of Uniswap's UNI token fell by 16% to $9.37 following a Wells Notice from the SEC, signaling potential legal challenges for the decentralized exchange. 📉 Uniswap 'whales' have been rapidly offloading their UNI holdings, with Lookonchain reporting that three such investors have sold off 2.03 million UNI, causing a swift $20 million drop in Uniswap’s valuation. 🐋 Major UNI stakeholders are transferring assets to Binance; one unloaded 1.25 million UNI, and another exchanged 472,000 UNI for $4.6 million in USDC, turning a profit of $1.67 million. Further sales are contributing to the token's price decline. 💼 The account whitzardflow.eth had to liquidate 107,010 UNI ($1M) to cover a stablecoin debt after UNI’s price dropped. 🔒 Uniswap founder Hayden Adams expressed determination to fight the SEC's warning, affirming the legality of Uniswap's operations and his commitment to the DeFi sector. ⚖️ This standoff with the SEC suggests a looming lengthy legal dispute with far-reaching implications for DeFi's future, raising anxiety in the crypto market about the repercussions of regulatory scrutiny for DEXs and investment security. #UNI📈 #Uniswap’s #Uniswap

What Is Transactions Speed (TPS) And Why It Matters?

🛡 Binance is using a legal strategy from a different case to defend itself against the U.S. Securities and Exchange Commission (SEC). 📜 On April 26, the exchange referenced a government filing related to the conviction of Mango Market's exploiter, Avraham Eisenberg, hoping it could aid its defense. 💼 During the Eisenberg trial, the government argued that the stablecoin USDC is not a security, as it doesn't promise profits due to its stable value tied to the U.S. dollar. 🔍 This argument could potentially support Binance's defense against certain SEC claims, but its applicability may be limited given the diverse nature of the charges against the exchange. ⚖️ However, this legal perspective might also benefit other cryptocurrency platforms like Coinbase, which are facing similar SEC charges. ⚔️ The use of legal precedents from unrelated cases underscores the complex legal landscape cryptocurrency exchanges navigate and the significance of the outcomes in defining securities in the industry. #Binance #ScamRiskWarning #BullorBear #Token2049

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