🪙 Crypto and Blockchain News (October 25, 2023):

1️⃣ Nym Technologies, a privacy-focused blockchain infrastructure provider, has launched the Innovation Fund program to support #web3 developers! The company is currently seeking teams that are working on creating crypto wallets, RPC, and other services useful for the #nym ecosystem. Grants can range from $50,000 to several million dollars! 💡 If you have an interesting project, don't miss out on this opportunity and submit an application!

2️⃣ Chainalysis analysts report that US authorities are losing control over the #stablecoin market! More and more transactions are being processed through crypto companies that are not licensed in the United States. This is causing concern and hints at the need for new regulatory mechanisms. 🌍 What are your thoughts on this?

3️⃣ US residents made #cryptocurrency transactions totaling over $1 trillion from July 2022 to June 2023! This is the highest figure in the world! 🌟

4️⃣ Grayscale Investments has signed an agreement with FTSE Russell, a subsidiary of the London Stock Exchange, to launch indexes tracking the dynamics of cryptocurrencies by groups. 📊 This could help investors better navigate the market!

5️⃣ BlockFi has completed the legal procedures related to bankruptcy and is ready to start compensating its investors! 💸 Great news for everyone who has had dealings with this crypto lender!

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