The regulator said that while stablecoin-denominated creditor repayments may not be illegal, it “reserves its rights” to challenge transactions involving crypto assets.
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Bitcoin whales have been increasingly active lately, gobbling up more crypto as smaller traders feel the pressure and sell their holdings.
The upgrade will transform Cardano governance over the next few months, enabling ADA holders to participate in the voting process.
August was the lowest revenue month for Bitcoin miners so far in 2024 and the worst revenue month since September last year.
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