Tag: contract
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Bitcoin Miner Selling Pressure Continues to Contract Amidst Post-Halving Landscape and Evolving Industry Dynamics
On-chain analytics reveal a significant and persistent contraction in Bitcoin miner selling activities, with the supply of newly mined BTC flowing to exchanges maintaining a clear descending trend observed since mid-2023. The latest data indicates that Bitcoin miners collectively transferred a mere 4,841 BTC to Binance over the past 30 days, a figure that astonishingly…
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Salesforce Secures $1.6 Billion VA Contract, Bolstering Government Digital Transformation Efforts
Shares of Salesforce (CRM) advanced by 3.24% to close trading at $162.01 following the announcement that the technology giant has secured a substantial $1.6 billion contract with the U.S. Department of Veterans Affairs (VA). This three-year enterprise license agreement is poised to significantly extend Salesforce’s technological footprint across the department’s vast and complex network of…
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Litecoin Under Scrutiny: Price Reaches Critical Support While Whale Activity and New Smart Contract Platform Spark Renewed Interest
Litecoin (LTC) is currently navigating a pivotal period, drawing significant attention from market analysts and on-chain data providers as its price revisits historically significant support levels. This technical juncture is underscored by a notable surge in accumulation by large wallet holders, often termed "whales" and "sharks," alongside the emergence of fresh ecosystem interest driven by…
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Circle Freezes $12.6 Million in Zama’s Confidential USDC Contract on Ethereum, Sparking DeFi Centralization Debate
A significant stablecoin freeze, first brought to light by prominent blockchain investigator ZachXBT, has sent considerable shockwaves throughout the decentralized finance (DeFi) community, reigniting critical discussions surrounding centralization risks inherent in the ecosystem. Circle, the issuer of the widely used stablecoin USDC, has reportedly blacklisted the smart contract address associated with privacy protocol Zama’s Confidential…
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Circle Freezes 12.6 Million USDC in Zama cUSDC Contract Following Links to Overnight Finance Rug Pull Allegations
The digital asset industry was recently reminded of the inherent centralized control governing the world’s second-largest stablecoin. On May 30, Circle Internet Financial, the issuer of USD Coin (USDC), took the decisive action of freezing the cUSDC contract deployed by Zama, a prominent cryptography firm. The freeze effectively locked approximately 12.6 million USDC, valued at…
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