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XRP is among cryptocurrencies with concentrated ownership in a few top addresses, raising concerns about the impact of centralization. A breakdown of ownership indicates that Ripple-controlled addresses account for most of the asset, primarily locked in escrow. Major exchanges also rank among the top holders. The top 10 XRP holders collectively own 35.39% of the total supply, amounting to 27.53 billion tokens. Ripple dominates this list, with its seven accounts holding 24.53 billion XRP, including tokens in escrow, representing 31.57% of the total supply, according to data retrieved by Finbold from XRP Scan on December 23.  Picks for you This crypto is down 42% and screams “buy” right now (Hint: Not XRP) 3 hours ago AdEx releases AURA, an...

The cryptocurrency market experiences changes and developments that shape investment choices every day. Since last month, the cryptocurrency market has been on a bullish run, even as several tokens experienced price fluctuations. The crypto market is observing a noteworthy increase in trading signals, leading investors to religiously search for the next promising token. However, spotting the next cryptocurrency to explode amidst this abundance requires a thorough understanding of the market dynamics. Today’s article identifies coins with some potential and informs investors and traders about each token. Next Cryptocurrency To Explode Today’s review highlights promising cryptocurrencies that investors should keep an eye on. Among these is a new project called Wall Street Pepe. Wall Street Pepe is a new variation of the beloved Pepe coin that aims to empower traders with exclusive market insights and tips. The token has taken the crypto scene by storm, raising over $20 mil...

Several cryptocurrencies, including Bitcoin, remain subdued after recent sell-offs by major players and prominent entities. The ongoing slip in the overall market outlook also contributed to a cautious atmosphere. However, historical trends suggest that periods of heightened selling pressure can create opportunities for savvy investors to enter the market strategically.  New cryptocurrency releases, listings, and presales today offer attractive investment entry points. InsideBitcoins provides a curated list of these tokens to assist interested investors. New Cryptocurrency Releases, Listings, and Presales Today Suzuverse embarked on its journey in the internet business with a clear mission: to connect the world while enhancing people’s financial well-being. On the other hand, GEODNET is establishing itself as a decentralized network by deploying GNSS reference stations on rooftops, which monitor space weather and collect precise geospatial data.  Meanwhile, Galxe ha...

Shiba Inu’s price has increased 252.6% in the past month. Chainlink whales have dumped over 2 million LINK in the past month. The NuggetRush price has increased 90% since the start of its crypto ICO. The crypto market is witnessing a massive shake-up as altcoins react to market sentiments. Shiba Inu has seen a massive surge, rising by 252.6% over the past month.  At the same time, Chainlink whales have been busy offloading over 2 million LINK token s. On the other hand, NuggetRush has witnessed a 90% price increase since the beginning of its crypto ICO. NuggetRush (NUGX) gives early investors 90% ROI  Some analysts are indicating that NuggetRush (NUGX) could be the best ICO right now, as it has achieved various feats despite the changing market conditions. In the last phase of its presale, the token witnessed a rally of 90% from its initial value of $0.010 to its current value of $0.019. That means that investors who joined the presal...

WOO Network repurchases 20 Million WOO Tokens from 3AC. Woo has also cancelled shares purchased by the Three Arrows Capital (3AC). The 20 Million tokens were sent to a burn address. Taiwan-based liquidity provider, WOO Network, has finalized a pivotal agreement with Three Arrows Capital (3AC) liquidators, marking a significant step in their mission to regain control of their financial future. Three Arrows Capital’s filing for bankrupt cy in July 2021 was triggered by a financial meltdown driven by excessive leverage. This crisis coincided with the tumultuous collapse of the $60 billion Terra Luna ecosystem, in which 3AC held substantial investments. In a move that clears the uncertainty surrounding 3AC’s involvement, WOO Network has repurchased shares and token s initially sold to the bankrupt hedge fund during its 2021 Series A fundraising. 20M WOO Network tokens sent to burn address Besides repurchasing the 20 million WOO Tokens worth app...

Speaking at CNBC’s Delivering Alpha event, Jenny Johnson discussed how digital assets are disrupting securitization and the financial markets. Securitization, a practice with over 50 years of history, is undergoing a dramatic transformation, believes Jenny Johnson, CEO of Franklin Templeton, one of the world’s largest asset managers. During CNBC’s Delivering Alpha event, Johnson noted that tokenization — the process of converting asset ownership rights into digital tokens on a blockchain — is akin to “ securitization done on steroids ,” a term often used to describe something that exceeds expectations. Johnson’s remarks were part of an Analysis of the future of alternative investment vehicles. The executive noted that available capital and technology disruption have been attracting more companies and CEOs to invest in “things for the future,” like blockchain technology. Johnson said: “One is it allows a payment mechanism. Number two, it allows smart contracts to be programmed into...

A proposal to deploy the third version of lending protocol Aave has recently passed a “temperate check” with an overwhelming favorable majority. A " temperature check " proposal to deploy the decentralized exchange (DEX) Aave on the zkSync Era Mainnet has passed with overwhelming support from the Aave community.  When voting closed on April 16 more than 99% of Aave (AAVE) token holders voted in favor of launching the third version of the lending and borrowing protocol on the zero-knowledge Ethereum Virtual Machine (zkEVM). According to the proposal first pitched on March 26, the launch will be limited to USD Coin (USDC) and Ether (ETH). A [Temp Check] is currently running to deploy Aave V3 on the @zksync Era Mainnet, expanding Aave’s presence and tapping into the growing zkEVM ecosystem.https://t.co/ps1RMl7Sva — Aave (@AaveAave) April 14, 2023 Now that the temperature check has indicated a "positive sentiment," the next steps listed in the proposal will be to p...

Explore essential skills for top legal and compliance jobs in the crypto market. Cryptocurrencies are a rapidly growing market that is changing how people invest, buy and sell goods and services, and transfer money. However, with the growth of this market comes an increasing need for legal and regulatory compliance, particularly concerning issues such as money laundering, fraud and data protection. As a result, there is a demand in the cryptocurrency sector for legal and compliance specialists. The positions listed below are just a few examples of the various legal and compliance positions available in the cryptocurrency sector. Each one is crucial to ensuring that the market functions fairly, openly and lawfully. Compliance officer A compliance officer in the crypto market is responsible for ensuring that the company complies with all relevant laws and regulations, including Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements.  Knowing the relevant laws and regul...