#crypto innovation

[bitcoinversus]

SEC Sued By 18 States For Overreach

Eighteen U.S. states have filed a lawsuit against the Securities and Exchange Commission (SEC) and its commissioners, including Chair Gary Gensler, alleging “unconstitutional overreach” and “unfair persecution” of the cryptocurrency industry. The lawsuit contends that the SEC’s enforcement actions infringe upon states’ rights to regulate digital assets and exceed the agency’s statutory…

[cryptonewscentral]

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[techdriveplay]

How Many People Are Investing in Cryptocurrency?

Cryptocurrency has evolved from a niche interest to a mainstream financial asset. As digital currencies like Bitcoin, Ethereum, and others continue to gain traction, the question arises: how many people are investing in cryptocurrency? Statistics on Cryptocurrency Investment: As of 2023, an estimated 420 million people worldwide own cryptocurrencies. Approximately 15% of adults in the United…

[bettreworld]

Sander Gansen building Supplain protocol & World of Freight NFT ecosystem

[ultragamerz]

MongCoin: The Meme Coin With Staying Power in a Fading Frenzy

New Post has been published on https://www.ultragamerz.com/mongcoin-the-meme-coin-with-staying-power-in-a-fading-frenzy/

MongCoin: The Meme Coin With Staying Power in a Fading Frenzy

MongCoin: The Meme Coin With Staying Power in a Fading Frenzy

The world of cryptocurrency is no stranger to fleeting trends. In 2023, meme coins, digital tokens inspired by internet jokes and cultural references, exploded in popularity. Dogecoin, the undisputed king of meme coins, saw meteoric growth, while newcomers like Shiba Inu and Floki Inu rode the wave of hype. However, as with any trend, the meme coin frenzy started to cool down in 2024, leaving many projects floundering and forgotten.

But amidst the fading enthusiasm, MongCoin stands out as a curious anomaly. Launched in May 2023, MongCoin emerged from the now-infamous congressional hearing where a U.S. congressman’s remarks about “crypto replacing crypto” sparked a wave of animal-themed meme coins. What began as a lighthearted homage to the bizarre moment has, surprisingly, shown some staying power.

Unlike many meme coins that relied solely on hype and social media buzz, MongCoin built a small but dedicated community. The project embraced its meme-coin identity, branding itself as the “king of memes” and fostering a playful, lighthearted atmosphere. Additionally, MongCoin partnered with other platforms to enhance its utility. These collaborations explored avenues like social betting and NFT storage, providing some semblance of real-world use cases beyond mere speculation.

The Ethereum (ETH) network serves as the backbone of MongCoin, allowing for secure transactions and global accessibility. While the project primarily focuses on humor and community building, its presence on the established Ethereum blockchain lends a touch of legitimacy compared to meme coins operating on less robust platforms.

A Glimpse into the Meme Coin Landscape:

MongCoin’s story highlights the volatile nature of meme coins. Projects like Doge and Shiba Inu, while still holding significant market caps, haven’t replicated their 2023 peaks. Others like Hamster Coin, once touted as a “friendly companion” to MongCoin, have faded into obscurity.

The Future of MongCoin:

Whether MongCoin can maintain its momentum remains to be seen. The cryptocurrency market thrives on innovation and utility, and meme coins built solely on hype often struggle to stay relevant in the long run. However, MongCoin’s community-driven approach and playful branding could potentially carve out a niche within the broader crypto landscape.

It’s important to remember that cryptocurrency investments are inherently risky. While MongCoin’s ongoing activity might seem enticing, thorough research and a cautious approach are crucial before making any investment decisions.

[dragoblog]

#cryptocurrencies #investments #bitcoin100k #Ethereum #LUNCcommunity #TerraLunaClassic #Dogecoin #CryptoCommunity

[drugsforaddicts]

I think I might’ve teared my tutor a new one…

[probablyasocialecologist]

“It works very well for the industry to frame every technology that they put out into the world — whether it’s crypto or generative AI, or whatever else — as an innovation that we must pursue,” Paris Marx, host of the Tech Won’t Save Us podcast, tells me. “But Silicon Valley and venture capitalists are not actually interested in developing technology for the betterment of society . . . What they’re interested in is making money off of whatever hype cycle they are going to gin up next.” Sometimes the problem with innovation is that while the idea in question might be new, it is not actually very useful: it is a solution looking for a problem, as in the case of blockchain technology. And sometimes the problem is that the innovation, while not without its uses, is incredibly harmful: synthetic opioids have provided millions of people with pain relief, but they have also created an overdose epidemic, killing almost 80,000 Americans in 2022 and helping to drive US life expectancy down to a 25-year low. Why is it, therefore, that we have come to see “innovation” as such an unalloyed good, and why is “stifling” it so unequivocally bad? Surely the objective of the innovation — and the possible repercussions — should matter, too. Innovation might be crucial in making progress in all sorts of areas, such as medicine or science, but we seem to have got to a place where it is the idea itself that we venerate. That is wrong-headed: innovation should not be seen as an end in itself, but as a means of making something better. Crypto might be novel but that does not make it useful or valuable to society. We cannot go on imagining that all innovation is a force for good. In practice, “innovation” often just means exploiting gaps in existing rules until the regulators catch up — so called “regulatory arbitrage”, a strategy that the crypto industry has very successfully deployed and indeed relied upon. Unfortunately for these ingenious crypto “innovators”, catching up is exactly what regulators are now doing.

[mohamed080]

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[xlsdesignt]

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[archidottech]

Our latest article is out! The amazing Dr Janet Bastiman is a legend within the AI/ML space and is currently the Chief Data Scientist at Napier AI and the Chair of the Royal Statistical Society's Data and AI Section.

Janet is talking to Richard Stockley, providing her insights into how “intelligence driven” Anti-Money Laundering and compliance technology can rise to the challenges of different payment devices, micmicropayments, and digital currencies.

There are also some juicy AI/ML topics.

[unpluggedfinancial]

From Horse-Drawn Carriages to Vehicles: Understanding Bitcoin's Transformative Potential

Throughout history, technological advancements have dramatically reshaped societies, often in ways that were unimaginable at the time. From the advent of the printing press to the rise of the internet, each innovation has brought about significant change. Today, we stand on the brink of another revolutionary transformation with Bitcoin. Yet, just as people once struggled to envision a world without horse-drawn carriages, many today find it challenging to grasp the full potential of Bitcoin. This analogy aims to bridge that gap, helping readers understand Bitcoin's transformative nature and why it's often difficult to see the next generation of technology.

The Horse-Drawn Carriage Era

In the not-so-distant past, horse-drawn carriages were the primary mode of transportation. These carriages were reliable and served their purpose well, but they had significant limitations. Travel was slow, maintenance was cumbersome, and the infrastructure required for horses was extensive. Despite these drawbacks, few could imagine an alternative. The thought of vehicles replacing horses seemed far-fetched, and many were content with the status quo.

The Advent of Vehicles

The arrival of motor vehicles marked a pivotal shift in transportation. Cars and trucks addressed the limitations of horse-drawn carriages by offering speed, efficiency, and convenience. Initially, there was significant resistance to this new technology. People were skeptical, and many couldn't see how vehicles could fit into their lives. Over time, however, the advantages became undeniable. The infrastructure adapted, society adjusted, and vehicles became the new standard, revolutionizing how we travel and conduct business.

Drawing Parallels with Bitcoin

Fiat currency today is akin to the horse-drawn carriages of the past. While it has served us for centuries, it comes with its own set of limitations: inflation, centralization, and lack of transparency, to name a few. Just as people once couldn't envision a world without carriages, many today can't imagine a financial system without fiat currency.

Enter Bitcoin, the new "vehicle" of the financial world. Bitcoin addresses the limitations of fiat currency through decentralization, transparency, and a deflationary nature. However, like the early days of automobiles, Bitcoin is often misunderstood and underestimated. People struggle to see how it can fit into the existing financial landscape, much like they struggled to see the potential of vehicles.

The Road to Adoption

Bitcoin, like any transformative technology, has faced significant resistance. Skepticism and misunderstanding are common, as are regulatory hurdles. Despite these challenges, Bitcoin's adoption is growing steadily. Key milestones, such as institutional investments and increased public awareness, signal its rising acceptance. Influential supporters and advocates continue to drive its adoption, paralleling the journey of vehicles from novelty to necessity.

Conclusion

The analogy of horse-drawn carriages to vehicles helps illustrate Bitcoin's transformative potential. Just as vehicles revolutionized transportation, Bitcoin has the potential to revolutionize our financial system. While it may be difficult to envision this next generation of technology, history shows us that such advancements often lead to significant improvements in our lives. Embracing the possibilities of Bitcoin requires an open mind and a willingness to explore its potential. Just as society once transitioned from carriages to cars, we may soon find ourselves transitioning from fiat to Bitcoin, ushering in a new era of financial innovation.

Take Action Towards Financial Independence

If this article has sparked your interest in the transformative potential of Bitcoin, there's so much more to explore! Dive deeper into the world of financial independence and revolutionize your understanding of money by following my blog and subscribing to my YouTube channel.

🌐 Blog: Unplugged Financial Blog Stay updated with insightful articles, detailed analyses, and practical advice on navigating the evolving financial landscape. Learn about the history of money, the flaws in our current financial systems, and how Bitcoin can offer a path to a more secure and independent financial future.

📺 YouTube Channel: Unplugged Financial Subscribe to our YouTube channel for engaging video content that breaks down complex financial topics into easy-to-understand segments. From in-depth discussions on monetary policies to the latest trends in cryptocurrency, our videos will equip you with the knowledge you need to make informed financial decisions.

👍 Like, subscribe, and hit the notification bell to stay updated with our latest content. Whether you're a seasoned investor, a curious newcomer, or someone concerned about the future of your financial health, our community is here to support you on your journey to financial independence.

[bitnestloop]

BitNest

BitNest: The Leader of the Digital Finance Revolution

BitNest is a leading platform dedicated to driving digital financial innovation and ecological development. We provide comprehensive cryptocurrency services, including saving, lending, payment, investment and many other functions, creating a rich financial experience for users.

Our story began in 2022 with the birth of the BitNest team, which has since opened a whole new chapter in digital finance. Through relentless effort and innovation, the BitNest ecosystem has grown rapidly to become one of the leaders in digital finance.

The core functions of BitNest ecosystem include:

Savings Service: Users can deposit funds into BitNest's savings system through smart contracts to obtain stable returns. We are committed to providing users with a safe and efficient savings solution to help you achieve your financial goals. Lending Platform: BitNest lending platform provides users with convenient borrowing services, users can use cryptocurrencies as collateral to obtain loans for stablecoins or other digital assets. Our lending system is safe and reliable, providing users with flexible financial support. Payment Solution: BitNest payment platform supports users to make secure and fast payment transactions worldwide. We are committed to creating a borderless payment network that allows users to make cross-border payments and remittances anytime, anywhere. Investment Opportunities: BitNest provides diversified investment opportunities that allow users to participate in trading and investing in various digital assets and gain lucrative returns. Our investment platform is safe and transparent, providing users with high-quality investment channels. Through continuous innovation and efforts, BitNest has become a leader in digital finance and is widely recognised and trusted globally. We will continue to be committed to promoting the development of digital finance, providing users with more secure and efficient financial services, and jointly creating a better future for digital finance.

[xbuddykinsx]

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[ladookhotnikov]

China's preparations are bearing fruit: an important milestone in e-yuan testing

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Anticipating Hong Kong to blow up the crypto market, we have nearly missed a very important point. The “black swan” is about to knock, which is just around the corner. 

Bitcoin dominance keeps rising while alt is falling. What does all of this mean? China has completed the second preparation stage to introduce its own digital currency! 

Bank of China Limited, HSBC, Hang Seng, and Standard Chartered are now at the final phase of digital currency testing by doing cross-border transfers. 

Currently, only a few have access to the digital yuan (eCNY), but soon it will be available to everyone in retail networks. What does this mean? We will see an answer to this question very soon. One can only assume that complete control over our finances will no longer seem a fairy tale. Why can't you buy a new phone or spend your money going on vacation? Later on, you can ask your bank about this. 

A logical question is: “How to gain full control over your finances?” The answer is simple: move into the world of crypto. This is a promising area where you can earn and control your funds yourself. 

Join us to be the first to know how to earn cryptocurrency. We provide valuable advice, strategies and news to help you achieve financial independence.

[aeternusfoundation]

Crypto Tokens: The New Shade of Lifestyle