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AbelCrypto

I'm a young lover of Blockchain and Web3.
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๐Ÿ‡บ๐Ÿ‡ธ Trump will fire FED Chairman Jerome Powell if elected in 2024. This is what he said in an interview with Fox Business. As a reminder, it was Trump who appointed Powell to this position in 2017 to succeed Janet Yellen.
๐Ÿ‡บ๐Ÿ‡ธ Trump will fire FED Chairman Jerome Powell if elected in 2024.

This is what he said in an interview with Fox Business.

As a reminder, it was Trump who appointed Powell to this position in 2017 to succeed Janet Yellen.
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๐Ÿšจ Terraform Labs is filing for Chapter 11 bankruptcy protection in the United States. The company claims to have between $100 and $500 million in estimated assets and liabilities, and the same amount in estimated assets. "We have overcome significant challenges before and, against long expectations, the ecosystem has survived and even grown in new ways after the depeg; we look forward to the successful resolution of the ongoing legal proceedings."
๐Ÿšจ Terraform Labs is filing for Chapter 11 bankruptcy protection in the United States.

The company claims to have between $100 and $500 million in estimated assets and liabilities, and the same amount in estimated assets.

"We have overcome significant challenges before and, against long expectations, the ecosystem has survived and even grown in new ways after the depeg; we look forward to the successful resolution of the ongoing legal proceedings."
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๐Ÿ—ž *Flash-New: The company behind the Terra ecosystem (LUNA) declares bankruptcy (Bloomberg)*
๐Ÿ—ž *Flash-New: The company behind the Terra ecosystem (LUNA) declares bankruptcy (Bloomberg)*
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๐Ÿ“Š Pantera Capital compares this early cycle with the previous ones: ๐Ÿ‘‰ We can see little change between 2021 and today compared to 2017-2021. ๐Ÿ‘‰ The top six, which account for 83% of total crypto marketcap, are all the same. ๐Ÿ‘‰ Fourteen tokens have remained in the top 20. ๐Ÿ‘‰ Bitcoin remained in the lead over all cycles.
๐Ÿ“Š Pantera Capital compares this early cycle with the previous ones:

๐Ÿ‘‰ We can see little change between 2021 and today compared to 2017-2021.

๐Ÿ‘‰ The top six, which account for 83% of total crypto marketcap, are all the same.

๐Ÿ‘‰ Fourteen tokens have remained in the top 20.

๐Ÿ‘‰ Bitcoin remained in the lead over all cycles.
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The trial of Do Kwon, former CEO of Terraform Labs, has been postponed until March 25. The trial was originally scheduled for January 29, but as Do Kwon is serving a prison sentence in Montenegro, he cannot be extradited until February or March.
The trial of Do Kwon, former CEO of Terraform Labs, has been postponed until March 25.

The trial was originally scheduled for January 29, but as Do Kwon is serving a prison sentence in Montenegro, he cannot be extradited until February or March.
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โŒ๐Ÿ‘จโ€๐Ÿ’ป Socket hack leads to loss of over $3.3 million.
โŒ๐Ÿ‘จโ€๐Ÿ’ป Socket hack leads to loss of over $3.3 million.
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๐Ÿšจ Chainlink integrates Circle's cross-chain transfer protocol (CCTP) into its CCIP system. The company will use CCTP to manage secure transfers of USDC stablecoins between different blockchains. Chainlink said that leveraging the two technologies will open up new stablecoin use cases around payments and DeFi.
๐Ÿšจ Chainlink integrates Circle's cross-chain transfer protocol (CCTP) into its CCIP system.

The company will use CCTP to manage secure transfers of USDC stablecoins between different blockchains.

Chainlink said that leveraging the two technologies will open up new stablecoin use cases around payments and DeFi.
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๐Ÿšจ Grayscale reportedly sent 9,000 #Bitcoin worth $385 million to an alleged Coinbase Prime deposit address.
๐Ÿšจ Grayscale reportedly sent 9,000 #Bitcoin worth $385 million to an alleged Coinbase Prime deposit address.
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Bitfinex prevent $15 billion exploit, reveals XRP Ledger vulnerability
Bitfinex prevent $15 billion exploit, reveals XRP Ledger vulnerability
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Solana Mobile to Sell Second Crypto Smartphone: Source The successor to Saga will have new hardware and a cheaper price point, according to a person familiar with the plans. Solana Mobile plans to launch a second smartphone as it looks to ride the unlikely success of its first crypto-ready smartphone, a person familiar with the matter said. The upcoming phone will have the same basic features as its predecessor, called Saga: an onboard crypto wallet, custom Android software and a "dApp store" for crypto applications โ€“ but at a cheaper price point and with different hardware, the person said. The original phone costย $1000ย when it first launched last year but later saw prices reduced amid struggling sales.
Solana Mobile to Sell Second Crypto Smartphone: Source
The successor to Saga will have new hardware and a cheaper price point, according to a person familiar with the plans.

Solana Mobile plans to launch a second smartphone as it looks to ride the unlikely success of its first crypto-ready smartphone, a person familiar with the matter said.

The upcoming phone will have the same basic features as its predecessor, called Saga: an onboard crypto wallet, custom Android software and a "dApp store" for crypto applications โ€“ but at a cheaper price point and with different hardware, the person said. The original phone costย $1000ย when it first launched last year but later saw prices reduced amid struggling sales.
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๐Ÿ‡บ๐Ÿ‡ธ ๐Ÿ’ฌ There's a "very good chance" that US lawmakers will approve a stablecoin bill. That's according to Jeremy Allaire, CEO of Circle. 2024 is likely to be the year when the US would pass concrete legislation for the stablecoin sector. "I think we're seeing a willingness from the administration, the Treasury, the Federal Reserve, both houses of Congress, and certainly on a bipartisan basis." "Digital dollars are spreading around the world, other governments are regulating digital dollar currencies before the US. So I think there's a very strong desire to act, to assert U.S. leadership and put in place the right protections for consumers."
๐Ÿ‡บ๐Ÿ‡ธ ๐Ÿ’ฌ There's a "very good chance" that US lawmakers will approve a stablecoin bill.

That's according to Jeremy Allaire, CEO of Circle.

2024 is likely to be the year when the US would pass concrete legislation for the stablecoin sector.

"I think we're seeing a willingness from the administration, the Treasury, the Federal Reserve, both houses of Congress, and certainly on a bipartisan basis."

"Digital dollars are spreading around the world, other governments are regulating digital dollar currencies before the US. So I think there's a very strong desire to act, to assert U.S. leadership and put in place the right protections for consumers."
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Hashkey Group Financing๐Ÿ’ฐ HashKey Group has announced the completion of nearly $100 million in Series A financing.HashKey Exchange holds the second Hong Kong-compliant cryptocurrency exchange license ๐Ÿ‡ญ๐Ÿ‡ฐ.

Hashkey Group Financing

๐Ÿ’ฐ HashKey Group has announced the completion of nearly $100 million in Series A financing.HashKey Exchange holds the second Hong Kong-compliant cryptocurrency exchange license ๐Ÿ‡ญ๐Ÿ‡ฐ.
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