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Binance has agreed to sell its entire russian assets to CommEX, marking a full exit from the country. The transition will take up to a year, ensuring a smooth migration for existing russian users. Notably, CommEX is a newly launched exchange, just one day into its official journey. Alex Bornyakov, the Deputy Minister of Digital Transformation of Ukraine, reflects on Binance's exit from the russian market: “There’s no longer room for any business to stay “neutral”. Blockchain technology is neutral but people leading crypto businesses should not be.” Check out our exclusive interview with Alex Bornyakov, where we delve into Ukrainian blockchain projects and digital education on the Diia.Digital platform.
The CEO of Binance has repeatedly aired his distrust of USDT, dubbing it a "black box" due to its lack of transparency in audits and reports.
Also, Binance listed a new stablecoin, FDUSD, on July 26th, that has seen a rapid rise in capitalization. They are in the process of designing their own algorithmic stablecoin and are open to listing more USDT equivalents on their exchange.
Meanwhile, Tether's CTO has hinted at CZ's involvement in market manipulation in the stablecoin sector, mentioning a 10 basis point USDT depeg on July 28th.
"Isn't it interesting that USDt is being pressured down (slightly, within 10bps, just to push market makers to react), and USDc, the main competitor that you would expect being gaining from the situation, is redeemed heavily nevertheless, while suddenly a competitor born 2 days ago is getting it all? Exactly! It feels definitely organic and not manipulative at all. Some people never learn."
For the record, the Twitter account of First Digital Labs (FDUSD) has a mere 585 followers.
It's intriguing to watch the outcome of this power struggle. Is this just the tip of the iceberg?
Fingers crossed, this won't escalate into a challenge for a bout in the octagon, as seems to be a popular move among billionaires...
Kenya’s Interior Minister Kithure Kindiki announced the suspension of Worldcoin’s local activities in the country.
Relevant agencies are conducting inquiries and investigations to determine the authenticity and legality of the activities, ensuring the absence of risks to Kenyans.
The video shows people lining up to have their irises scanned, with the promise of receiving 25 free Worldcoin tokens ($56) in Kenya.
We've previously detailed Sam Altman's vision for the Worldcoin project in our article. CognoSpeak: How AI Can Power Early Alzheimer's Detection
Memory disorders pose a serious challenge that greatly degrades people's quality of life. As such, diagnosing Alzheimer's disease and other forms of dementia in their early stages is of paramount importance. CognoSpeak, an AI tool, is designed to facilitate this. Gallup: Rising Number of People Experiencing FOBO Due to AI
An increasing number of Americans are grappling with FOBO – a fear of becoming obsolete. This phobia revolves around the idea that new technologies will render one's profession outdated, leaving them as an unemployable relic in the job market. 92% of People Have Heard of Cryptocurrency
Consensys, the minds behind the famed Metamask crypto wallet, recently unveiled their report “The State of Web3 perception around the world". This report provides insights into how well cryptocurrency is understood worldwide, the depth of Web3 comprehension, and the public's stance on pivotal aspects like online data privacy and ownership.
Yesterday on Twitter, Elon Musk confessed that his call-out for a fistfight was just a jest that, evidently, went a bit too far.
Musk mentioned that after suggesting a face-off with Mark at the Colosseum, Zuckerberg shot down the idea without batting an eye, citing he was "traveling."
"Is there anywhere he will fight?" Musk tweeted.
Meanwhile, Zuckerberg voiced his frustrations on Threads, implying Musk isn't serious about the showdown, citing some impending surgery and being elusive about confirming a final date.
"I'm going to focus on competing with people who take the sport seriously," Zuckerberg writes.
Such spectacles would even make Cirque du Soleil green with envy.
“I saw some ridiculous views, so i want to clarify that I’m refunding you not because you can find me, it’s because I don’t want to ruin your project, maybe it’s a lot of money for a lot of people, but not for me, I’m smarter than all of you, fuck!!!”
Was this hack simply for the thrill of causing disorder? Or was there a message he was trying to convey?
Given the thorough preparation that spanned weeks or perhaps even months, it's a thought-provoking consideration. Crypto Regulation and Market Anticipations
The MiCA's ratification has effectively legalized the cryptocurrency market across 27 EU countries. Eight more potential member nations will soon modify their laws to comply with MiCA. This move means the legislation will impact over half a billion people, making it a unique event of unprecedented scale. Why Are People Still Buying NFTs in 2023?
The crisis in the non-fungible token market, which for a long time held great appeal for investors, continues. In April 2023, trading activity on NFT marketplaces hit new lows. The daily number of individuals wishing to sell their NFTs consistently exceeded the number of potential buyers. People's wealth will be destroyed by inflation, says Arthur Hayes
Arthur Hayes, a well-known crypto entrepreneur and ex-founder of BitMEX, consistently voices his concerns about the issues currently troubling the industry. His prior forecast of a BTC price of $1 million no longer sounds as assertive as it once did. Deciphering Crypto Slang: Depth of Market, Whale, Shitcoin
Bitcoin and blockchain technology have garnered attention from a significant number of people across the globe. Nevertheless, engaging with traders or passionate crypto enthusiasts may give the impression that the crypto universe is laden with intricate terms, which can be quite daunting for the layperson to comprehend. 






