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Only 72.5% of Ethereum (ETH) is available after staking growth
Only 72.5% of Ethereum (ETH) is available after staking growth

Share link:In this post: Less ETH tokens are freely available, with more offers of staking limiting the supply. ETH is deflationary, leading to a flat supply of 120M tokens. More entities are offering staking services for smaller investors lack the full 32 ETH stake to build a validator node.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/o

Cryptopolitan·2024/06/17 22:34
SEC’s top crypto enforcer announces his resignation
SEC’s top crypto enforcer announces his resignation

Share link:In this post: David Hirsch, head of the SEC’s crypto asset enforcement division, has resigned after nearly 10 years. Rumors of Hirsch joining memecoin platform Pump.fun was quickly debunked by him. His departure comes as the SEC continues to tackle high-profile crypto cases and enforce compliance across the industry.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly

Cryptopolitan·2024/06/17 22:34
US SEC pushes back against Ripple's efforts to lower its fines saying the firm 'is agreeing to nothing'
US SEC pushes back against Ripple's efforts to lower its fines saying the firm 'is agreeing to nothing'

“Ripple is agreeing to nothing,” the SEC said in its response to Ripple’s push for lower fines. Ripple, which has been in a legal battle with the SEC since 2020, compared the regulator’s proposed $2 billion fine for selling XRP to institutional investors to a settlement between Terraform Labs and the regulator.

The Block·2024/06/17 21:01
Bitcoin FOMC watch – Investors pull $600m from the crypto market
Bitcoin FOMC watch – Investors pull $600m from the crypto market

Share link:In this post: A “more hawkish-than-expected” FOMC meeting has sparked $600 million in weekly crypto product outflows, the highest since March. American markets saw most of the outflows, totaling $565 million. The global crypto market cap stands at $2.51 trillion, having tanked by 2% in the last 24 hours.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend ind

Cryptopolitan·2024/06/17 20:22
Tether launches its own gold-backed synthetic dollar
Tether launches its own gold-backed synthetic dollar

Share link:In this post: Tether has launched Alloy by Tether, a new asset backed by Tether Gold, combining gold’s reliability with a stable digital currency. Alloy by Tether features aUSD₮, a digital currency pegged to the US dollar, over-collateralized by physical gold stored in Switzerland. Users can mint aUSD₮ by depositing Tether Gold as collateral, managed through transparent Ethereum-compatible smart contracts.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liab

Cryptopolitan·2024/06/17 20:22
ZK Community claims over 45% of airdropped ZK Tokens in a few hours
ZK Community claims over 45% of airdropped ZK Tokens in a few hours

Share link:In this post: zkSync’s anticipated ZK token airdrop coincides with the Binance listing, influencing the token’s price. A few hours after the airdrop, over 45% of the ZK tokens had already been claimed. ZK tokens price declined immediately after listing on Binance and other crypto exchanges.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent resea

Cryptopolitan·2024/06/17 18:13
Flash
03:26
Five northeastern provinces in Thailand conduct joint crackdown on illegal Bitcoin mining farms, confiscating more than 300 mining machines
ChainCatcher reports that Thailand's Ministry of Interior, together with provincial power authorities, police, and local administrative officials, carried out a joint enforcement operation this Saturday across five provinces in the northeast: Ubon Ratchathani, Yasothon, Amnat Charoen, Roi Et, and Maha Sarakham. The operation inspected 14 locations and seized a total of 315 cryptocurrency mining devices. Investigators found that those involved had supplied power to the mining machines by tampering with electricity meters and through illegal connections. The total estimated loss is 40.38 million baht (approximately $1.227 million), including 5.38 million baht in penalties for power violations and around 35 million baht in unpaid electricity fees. All relevant evidence has now been collected, and authorities have filed suits against those involved.
03:24
Thai Authorities Raid Illegal Bitcoin Mining Operation in Five Northeastern Provinces, Seize Over 300 Mining Rigs
BlockBeats News, June 21st: The Ministry of Interior of Thailand, together with provincial electricity authorities, police, and local officials, conducted a joint law enforcement operation this Saturday in the northeastern provinces of Ubon Ratchathani, Yasothorn, Nakhon Phanom, Roi Et, and Maha Sarakham, inspecting a total of 14 locations. The operation resulted in the seizure of 315 cryptocurrency mining rigs. Investigators found that the individuals involved were powering the mining rigs through tampered electric meters and illegal connections. The total loss is estimated to be 40.38 million baht (approximately $1.227 million), including 5.38 million baht for electricity theft fines and around 35 million baht in unpaid electricity bills. Currently, all relevant evidence has been collected, and legal action has been taken against the individuals involved.
03:10
Data: Solana blockchain 24-hour application revenue reaches 2.8 million dollars, ranking first
According to ChainCatcher, citing Defillama data, 24-hour application revenue on the Solana blockchain reached 2.8 million US dollars, Hyperliquid L1 was 1.37 million US dollars, Ethereum was 1.09 million US dollars, Polygon was 954 thousand US dollars, and Base was 346 thousand US dollars.
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