Cryptocurrency

He also drew his followers’ attention to the real “de-dollarization” taking place around the world. Meanwhile, Taleb continues to criticize the world’s flagship cryptocurrency, Bitcoin.He clarified that this process is not about trade settlements, because these transactions are still labelled in U.S. dollars as an “anchor currency.” However, Taleb mentioned an important detail. He said that despite settling transactions in U.S. dollars, central banks, especially those from the BRICS countries – Brazil, Russia, India, China and South Africa, have been storing gold. These banks have been putting their free reserves into this risk-off asset.He also proudly pointed out that gold has surged by approximately 30% year-on-year – spot gold has seen an increase from $2,043 on Jan. 2 to $2,508 on Sept. 10.However, in 2020, he switched sides, stating that he had become disappointed in Bitcoin due to its high volatility. Since then, he has claimed Bitcoin to be a “tumor” in the body of the economy and has been taking every chance to criticize it.Earlier this year, Taleb teased a new book he is working on at the moment. It will be called the Lydian Stone (also famous as the “touchstone”). That is a flint stone that used to be leveraged by people to verify the quality of silver and gold. The book will be “partly on how humans get confused by sequences,” according to Taleb. “It also maps to the arrow of time and Entropy,” he specified.This article was originally published on U.Today More

Whale Alert reported: “A dormant address containing 185 BTC ($10,553,799) has just been activated after 11.0 years.”The wallet, which had remained untouched for over a decade, resurfaced, attracting interest from the crypto community. The reasons behind its long dormancy and sudden activation remain unknown, fueling speculation ranging from forgotten investments to strategic long-term holdings.The owner of the wallet, whose identity remains unknown, from indications now holds a significant fortune.With Bitcoin’s value skyrocketing over the past decade, what was once a relatively modest sum is now a multimillion-dollar fortune. The BTC stored in the wallet was likely purchased when Bitcoin traded for less than $100 per coin, compared to its current price hovering above $56,000The rest of the crypto market was also trading in red, save for a few crypto assets such as Internet computer (ICP), which was up 11% in the last 24 hours. Dogecoin, PEPE, SUI and BONK recorded losses of nearly 4%.The yen rose sharply in late July after the Bank of Japan raised interest rates for the first time in decades, sparking an unwinding of risk-on yen carry positions.According to Glassnode, the CVD metric can determine the current net balance of market buying and selling pressure on spot markets. Using the same method, Glassnode found that investor sell-pressure has increased over the last 90 days, contributing to the downward trend in Bitcoin’s price action.This article was originally published on U.Today More

Plume Network, the first modular EVM chain built to bring any real world asset (RWA) onchain, is proud to launch on Plume the Mineral Vault fund (“Mineral Vault”) of the Allegiance Oil & Gas family of companies, which holds over $1 billion in assets under management (AUM). This deployment simplifies the complexities of mineral interest management while also opening new investment opportunities for a broader range of participants. By leveraging Plume’s composable RWAfi infrastructure, users on both Plume and Mineral Vault will benefit from increased liquidity, streamlined portfolio management processes, and enhanced transparency. Mineral interests, unlike speculative cryptocurrencies, are tied to commodities and offer stability and diversification. Mineral Vault’s launch represents a significant opportunity to diversify into RWAs and enter the emerging onchain commodities market, which currently has limited options.Tokenizing mineral interests provides a stable investment, offering financial exposure to resource production like gold, silver, coal, and primarily crude oil and natural gas in the U.S.ContactCMOTiffany LungPlume Networktiffany@plumenetwork.xyzThis article was originally published on Chainwire More

New Integration Expands Dune’s Coverage Across the Entire Polkadot Ecosystem, Delivering Unmatched Onchain AnalyticsZurg, Switzerland, September 11th 2024 – Dune, the leading platform for onchain analytics, announces the integration of 50+ parachains from the Polkadot ecosystem. With this expansion, Dune solidifies its position as the most comprehensive data hub for Polkadot, offering unparalleled insights and analytics for developers, investors, and data enthusiasts alike.Earlier this year, Dune launched support for Polkadot, Kusama, and six parachains. Now, the platform takes a major step forward by expanding coverage to include the entire Polkadot ecosystem. This integration enables users to explore, analyze, and visualize all onchain activities across Polkadot in real time, making Dune the go-to destination for data-driven decision-making.Polkadot’s ecosystem, known for its diverse and innovative parachains, generates a vast amount of data. Navigating this complex network can be a challenge. Dune’s expanded support simplifies access to crucial onchain data, empowering users to gain deeper insights into Polkadot’s dynamic ecosystem.The newly integrated parachains include Moonbeam, which specializes in smart contracts and cross-chain DeFi; Acala, known as Polkadot’s hub for decentralized finance; Phala, which focuses on privacy-first DePIN and AI solutions; and Mythos, a protocol bringing AAA decentralized gaming and hugely popular franchises to Polkadot. These integrations, along with dozens of others, position Dune as the most expansive source for Polkadot’s onchain analytics, allowing users to track transaction flows, analyze DeFi activity, and monitor developments in gaming and NFTs—all within a single, comprehensive platform.FredrikHaga, CEO of Dune shared, “Polkadot and its Substrate-based chains form a vast and complex ecosystem. With this integration of 50+ parachains, our goal is to make that complexity easier to navigate. We want to give people a clear, accessible view of what’s happening across the network, so they can focus on innovation and building with confidence.” This milestone integration was achieved through Dune’s partnership with Colorful Notion. Together, the teams developed a streamlined process for integrating new parachains, ensuring Dune’s data remains comprehensive, accurate, and reliable.Dune’s integration also includes enhanced functionality through the Dune API, allowing users to convert any query into a flexible API endpoint. This feature offers greater flexibility for developers and analysts, enabling them to seamlessly incorporate Dune’s data into their own applications.To learn more about the latest Polkadot integrations, readers can visit Dune’s Polkadot Analytics.About Dune Dune is a leading data analytics platform that democratizes access to onchain data by enabling users to query, visualize, and share insights across various blockchains. With over 700,000 community-contributed data tables, Dune supports comprehensive analysis of tokens, wallets, protocols, and more. The platform’s recent launch of the Dune API extends its capabilities for automated reporting, alerting, and integration into user applications. For more information, readers can visit https://dune.com/home About PolkadotPolkadot is the powerful, secure core of Web3, providing a shared foundation that unites some of the world’s most transformative apps and blockchains. Polkadot offers advanced modular architecture that allows devs to easily design and build their own specialized blockchain projects, pooled security that ensures the same high standard for secure block production across all connected chains and apps connected to it, and robust governance that ensures a transparent system where everyone has say in shaping the blockchain ecosystem for growth and sustainability. With Polkadot, you’re not just a participant, you’re a co-creator with the power to shape its future.ContactJonathan Duranjonathan@distractive.xyzThis article was originally published on Chainwire More

Following its initial support for Polkadot, Kusama, and six parachains earlier this year, Dune has expanded its coverage to include the entire Polkadot ecosystem. This addition allows users to analyze all onchain activities across Polkadot in real time, making it easier to access critical data and supporting data-driven decision-making.Among the newly supported parachains are Moonbeam, a smart contract and cross-chain DeFi hub; Acala, known for decentralized finance; Phala, focusing on privacy-first DePIN and AI solutions; and Mythos, which supports decentralized gaming. Dune users can now track transaction flows, DeFi activity, gaming developments, and NFTs on a single platform.Dune CEO Fredrik Haga said: “Polkadot and its Substrate-based chains form a vast and complex ecosystem. With this integration of 50+ parachains, our goal is to make that complexity easier to navigate. We want to give people a clear, accessible view of what’s happening across the network, so they can focus on innovation and building with confidence.”  The integration was developed in collaboration with Colorful Notion and includes improved features via the Dune API, enabling users to convert queries into flexible API endpoints for smoother integration into their applications.Although blockchain data is inherently on-chain and transparent, it can be challenging to interpret or analyze. The complexity and fragmentation of this data often pose obstacles for businesses and researchers looking to harness it for insights, innovation, or competitive advantage.Dune is structured to allow community members to use its abstraction layer, Spellbook, to analyze raw blockchain data, which would otherwise be a complex and time-consuming task. This approach makes it easier for data scientists, analytics professionals, and businesses to access a wide range of blockchain data across different protocols and solutions, including Polkadot, Arbitrum, Base, Bitcoin, Ethereum, Optimism, Solana, and more. More

Trump had positioned himself as a pro-crypto candidate, promising friendlier regulation for the cryptocurrency industry. In July, at a conference in Nashville, Trump said he wants the U.S. to become the “crypto capital of the planet” and the Bitcoin “superpower of the world.”However, Harris has not yet taken an official position on cryptocurrency during her run as the democratic nominee so far. However, her performance in the debate seems to have impacted crypto stocks. Bitcoin, the largest cryptocurrency, is currently down around 0.8% in the last 24 hours, while ether fell by 1%. This decline suggests that the market may be reacting to the potential regulatory implications of a Harris presidency.Crypto mining companies, such as Riot Platforms (NASDAQ:RIOT), Marathon Digital Holdings (NASDAQ:MARA), and Hut 8 Mining Corp (HUT), also experienced losses, with shares falling more than 2% premarket Wednesday. Microstrategy, Inc. (NASDAQ:MSTR), a software firm that has invested heavily in Bitcoin, saw a drop of more than 3%.The cryptocurrency market has been gaining mainstream appeal, with support from Wall Street institutions and corporate titans like Elon Musk. However, the industry continues to face scrutiny from regulators like the U.S. Securities and Exchange Commission, which have accused it of violating securities laws.The presidential debate highlights the potential impact of political developments on the cryptocurrency market. As the election draws closer, investors will be closely watching the campaign and the potential regulatory implications for the industry. More

Additionally, the Company reports further details on the At-The-Market (ATM) sales conducted from July 1-19, 2024, under the August 2023 ATM Equity Program.Executive Commentary:Frank Holmes, Executive Chairman of HIVE, reiterated the Company’s commitment to maintaining low General and Administrative (G&A) costs, maximizing cash flow, and achieving strong revenue per employee while avoiding excessive share dilution. Aydin Kilic, President and CEO, highlighted the ongoing fleet optimizations, projecting an increase in hashrate to 13.5 EH/s following upgrades at their Paraguay facility, all while prioritizing sustainable energy use.The Company’s HODL value and operating practices align with HIVE’s broader strategy of enhancing mining performance, clean virgin Bitcoin on its balance sheet and environmental sustainability.At-the-Market Offering:On August 17, 2023, the Company entered into an equity distribution agreement (“August 2023 Equity Distribution Agreement”) with Stifel GMP and Canaccord Genuity Corp. Under the August 2023 Equity Distribution Agreement, the Company may, from time to time, sell up to $90 million of common shares in the capital of the Company (“the August 2023 ATM Equity Program”). The August 2023 Equity Distribution Agreement was terminated on July 19, 2024.For the period from July 1, 2024, to July 19, 2024 (the “Terminal Period”), the Company issued 1,368,297 common shares (the “August 2023 ATM Shares”) pursuant to the August 2023 ATM Equity Program for gross proceeds of C$6.09 million ($4.46 million). The August 2023 ATM shares were sold at prevailing market prices, for an average price per August 2023 ATM Share of C$4.45. Pursuant to the August 2023 Equity Distribution Agreement, a cash commission of $133,735 on the aggregate gross proceeds raised was paid to the agent in connection with its services under the August 2023 Equity Distribution Agreement.The Company is using the net proceeds from the August 2023 Equity Distribution Agreement for the purchase of data center equipment, strategic investments including building BTC assets on our balance sheet and general working capital. More

BrilliantCrypto, Inc. announces that the BRIL token is now officially listed on Bit2Me, one of Europe’s leading cryptocurrency exchanges. This significant step not only enhances BRIL’s accessibility across Europe but also expands its reach into Spanish-speaking markets in Latin America. This milestone opens up new opportunities for BrilliantCrypto’s growing mining community to trade and invest in $BRIL.In addition to Coincheck and QuickSwap DEX, $BRIL can now be traded on Bit2Me across 66 countries where the exchange operates. With its robust system and extensive reach in the European and Latin American regions, Bit2Me is an ideal platform for $BRIL. The new exchange listing is a major step in Brilliantcrypto’s mission to make blockchain and Web3 gaming accessible to a wider audience.Starting on September 10, 2024, users can trade $BRIL against key fiat and stablecoin pairs, BRIL/EURO and BRIL/USDT. Discover BRIL, the Token Powering Brilliantcrypto $BRIL is the native token of Brilliantcrypto, a groundbreaking mining game where players mine, collect and trade authentic digital gemstones. Launched in June 2024, Brilliantcrypto introduces a new model called Proof of Gaming and aims for sustainable Play-to-Earn in a decentralized environment.As the game’s utility token, $BRIL can be used to buy, sell, repair and upgrade pickaxes, as well as to buy and sell gemstones on the Gem Exchange. Players can earn BRIL tokens by mining Brilliantstones and collecting BRIL points. In addition to earning $BRIL through gameplay, the token can be bought and traded on various exchanges.The total supply of $BRIL is capped at 1 billion, with no additional issuance beyond this limit. 70% of the total supply is reserved for the Game Supply, while the remainder is allocated for marketing (20%), the IEO (7%) and the team (3%).Brilliantcrypto is available on both PC and mobile devices, making it extremely easy for everyone to join the game.Record-Breaking BRIL Token IEO The launch of Brilliantcrypto in Japan was a major success, highlighted by the BRIL token’s record-breaking Initial Exchange Offering (IEO) on Coincheck, Japan’s largest crypto exchange.The IEO set records by raising $212 million USD, with over 79,400 participants, each receiving at least one $BRIL thanks to a guaranteed win system.Here is a snapshot of the impressive milestones achieved since the launch of Brilliantcrypto:Brilliantcrypto is excited to showcase the game at NFT Brazil in São Paulo on September 12-13, 2024. The Brilliantcrypto team, along with Crypto Blockchain Industries (CBI), the game’s publisher in Europe and South America, will host two dedicated gaming booths in the GameFi Arena, the free area of the fair.Attendees can visit the Brilliantcrypto booths to get familiar with $BRIL and the Brilliantcrypto ecosystem. With exclusive live demonstrations and opportunities to engage with our team, we look forward to connecting with gamers and crypto enthusiasts.Brilliantcrypto’s team will also participate in two speaking sessions to present the game’s vast potential to both players and businesses.Users can join our community of gamers and Web3 enthusiasts atNFT Brazil.Trading Incentives on Bit2MeNew users on Bit2Me who trade $BRIL can benefit from a limited-time promotion. BrilliantCrypto is offering a €15 bonus for users who register on the platform and make an initial purchase of over €100.About BrilliantCrypto, Inc.BrilliantCrypto, Inc., a subsidiary of COLOPL, Inc., develops cutting-edge blockchain games, merging COLOPL’s gaming expertise with blockchain technology. Established on November 9, 2022, the company aims for global growth, with upcoming token listings in South America, Southeast Asia, and Europe.BrilliantCrypto’s innovative “Proof of Gaming” model allows players to create value within the game by extracting and trading Gemstones. The platform is available in multiple languages, including English, Spanish, French, and German, ensuring accessibility for its diverse user base.For more information, users can visit https://brilliantcrypto.net or BrilliantCrypto’s headquarters in Tokyo, Japan.ContactGlobal Business Development LeadHugo ChurchBrillantCrypto inch-church@brilliantcrypto.netThis article was originally published on Chainwire More