Tether’s Ties to Trump’s Commerce Nominee: Power Struggle or Professional Collaboration?

By Weilin, PANews In a dramatic turn of events, Howard Lutnick, the chairman and CEO of financial services powerhouse Cantor Fitzgerald, finds himself at the center of a brewing controversy following his nomination as U.S. Secretary of Commerce by former President Trump. This nomination has cast a spotlight on Lutnick’s intricate connections with the stablecoin…

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Polkadot Q3 Digest: Strong Developer Activity Amid Market Challenges

Market intelligence firm Messari recently released its Q3 performance report for Polkadot (DOT), highlighting significant developments in the blockchain network’s ecosystem. The report sheds light on various metrics, showcasing Polkadot’s resilience and growth potential despite market volatility. Robust Developer Engagement A standout aspect of the report is the high level of developer engagement on Polkadot….

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Brazil Proposes $18 Billion Bitcoin Reserve Initiative: A Bold Move Towards Digital Financial Leadership

In a groundbreaking move, Brazilian lawmaker Eros Biondini has introduced legislation proposing the creation of a Bitcoin (BTC) Sovereign Strategic Reserve (RESBit) with an allocation of up to $18.6 billion. This initiative represents approximately 5% of Brazil’s international reserves as of September, marking a significant step in diversifying the country’s financial assets and embracing the…

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