What is people coin about? … ownership of the Constitution copy, but rather a governance token that would have allowed its holders to vote on the placement of the Constitution copy
The People's Coin is a Decentralized peer-to-peer platform designed to securely allow its users access to a gated interactive ecosystem, Safe Haven.
The digital Yuan The digital Yuan is China's version of a central bank digital currency, which means the central bank gets directly involved in issuing individual accounts to individuals
Bitcoin posted its biggest drop since the turmoil that gripped global markets in early August, part of a wider retreat in crypto prices that included a sharp fall in second-ranked token Ether $BTC
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ConstitutionDAO is a decentralized autonomous organization (DAO) founded by a group of web3 enthusiasts to purchase a copy of the United States Constitution from Sotheby’s Auction House. Founded in November 2021, the organization raised millions of dollars to purchase a rare copy of the US Constitution, of which there are only 13 physical original copies. However, the bid failed with $40 million in ETH raised, underwritten by billionaire Ken Griffin, CEO of Citadel. After the auction, ConstitutionDAO announced that it was dissolving itself and donations would be returned.
“I have noticed an interesting phenomenon where some mainstream media articles are increasingly driven by emotions and biases rather than facts. For example, the complaints of former employees can become the basis of an article, while Binance’s proactive assistance to law enforcement agencies in investigating and apprehending the mastermind behind Zkasino (as a matter of fact) is not deemed worthy of reporting.”
Bitcoin Tumbles Back Under $58K as Crypto Quickly Crumbles Thursday Afternoon
The blame this time can't be laid on macro jitters, as stocks are up big again, with the Nasdaq and S&P 500 both more than erasing early August declines.
Crypto plunges in quick fashion (Unsplash) Crypto plunges in quick fashion (Unsplash) Several days of mostly quiet price action came to a fast end during U.S. trading hours Thursday afternoon, with cryptocurrencies suddenly plunging and sending bitcoin (BTC) to its weakest level since just after the early August market panic.
At press time, bitcoin was changing hands at $57,700, down nearly 3% from its price just about an hour earlier. Other majors saw even steeper declines, including ether (ETH) and solana (SOL). The broad market gauge CoinDesk 20 Index was lower by 3% from 24 hours ago.