mesevil94

@mesevil94

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Vitalik's recent focus on Ethereum as the "world ledger" instead of the "world computer" offers a clearer narrative. Positioning Ethereum as a foundational layer for global asset storage, financial systems, governance, and high-value data authentication aligns with a long-term vision that's both ambitious and relatable. However, the immediate priority remains reclaiming L1's dominance. Scaling Ethereum at the base layer and addressing L2 liquidity fragmentation are critical steps to secure the network's future. Solving these challenges now buys time for strategic evolution, ensuring Ethereum stays ahead as the backbone of decentralized value.

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Speaking at the Fin/Sum 2025 event during Japanese Fintech Week on March 4, Ito highlighted the role of stablecoins in financial innovation.

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SBI’s latest stablecoin moves came on the same day Financial Services Agency Commissioner Hideki Ito expressed support for stablecoin transactions in Japan.

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“Congrats to SBI for being the first to be permitted to list and distribute USDC. And much more to come from Circle in Japan soon,” he added.

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Circle founder and CEO Jeremy Allaire took to X to describe USDC as the “first and only global dollar stablecoin to become approved for use in Japan.”

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In February, Japan’s Financial Services Agency (FSA) reportedly approved a report from a working group recommending policy changes easing stablecoin-related regulations.

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“TraderTraitor actors are proceeding rapidly and have converted some of the stolen assets to Bitcoin and other virtual assets dispersed across thousands of addresses on multiple blockchains,” the FBI said in its recent announcement.

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Citing anonymous sources, Bloomberg News reported on Jan. 30 that SBF’s parents, Joseph Bankman and Barbara Fried, were seeking a presidential pardon for their son and meeting with lawyers and other figures close to the Trump administration to determine if clemency was possible.

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This approval will be instrumental in shifting institutional perceptions of Solana because it provides investors with a regulated vehicle to gain exposure to SOL without any of the risks of owning the token onchain.

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More than two-thirds of the existing Bitcoin layer-2 projects will cease to exist within three years as their initial excitement fades, said Muneeb Ali, co-founder of Stacks.

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Today in crypto, Stacks co-founder Muneeb Ali has warned that most Bitcoin layer-2 projects will fade away within three years even as Bitcoin gains dominance, and the US Securities and Exchange Commission has moved to drop its appeal over the controversial crypto broker-dealer rule, which comes as the regulator is reportedly prioritizing pausing crypto enforcement cases with imminent deadlines while addressing regulatory gaps.

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Controversies and accounting consistencies aside, DOGE seems to show no signs of slowing down, with the Securities and Exchange Commission reportedly next up on the chopping block.

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Only two days later, Trump seemed to contradict his own administration. Reuters reported that he told a crowd in Miami, “I signed an order creating the Department of Government Efficiency and put a man named Elon Musk in charge.”

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The White House felt it necessary to clarify Musk’s role amid the mounting controversies, stating on Feb. 17 that he was a special adviser to the president, is not a DOGE employee and had no authority to make decisions.

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The pair requested a 60-day stay of suit — giving them until March 28 to finalize the settlement. The exact details of the settlement were not disclosed.

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DraftKings and the NFLPA said in a Jan. 27 joint letter to New York federal Judge Analisa Torres that they had mediated the suit and reached a settlement in principle pending “a definitive settlement agreement.”

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US sports betting site DraftKings has reached a settlement with the National Football League Players Association, which accused the platform of failing to pay for using NFL player likenesses featured in non-fungible tokens.

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Amid ongoing structuring, Bitfarms expects a 21% reduction in Bitcoin mining capacity and a 10% reduction in estimated average power costs by year-end.

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Out of the remaining $29 million, $19 million will be the reimbursements for power deposits and $10 million in remaining capital obligations.

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The transaction between Hive and Bitfarms is expected to close at the end of the first quarter of 2025, when the latter will receive its first payment of $25 million. Hive will pay $31 million over the following six months.

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