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Solana Mobile is preparing to airdrop its new SKR token to users of the Seeker phone, but Saga phone owners will not be eligible for this distribution. The airdrop aims to incentivize users of the Seeker device, which is designed to enhance the mobile Web3 experience. The SKR token is
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World Liberty Financial has submitted an application to the Office of the Comptroller of the Currency (OCC) for a trust bank charter. This move aims to enhance the company's ability to offer financial services, particularly in the cryptocurrency sector. By obtaining the charter, World Liberty Financial seeks to
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The U.S. crypto market structure bill is facing challenges due to disagreements among lawmakers and regulatory bodies over key provisions. Central issues include the classification of digital assets and the regulatory authority of the SEC versus the CFTC. Additionally, there are concerns about consumer protection and the need for
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World Liberty Financial, a company associated with former President Donald Trump, has applied for a federal bank charter. The application is part of the company's strategy to expand its financial services, which may include cryptocurrency-related offerings. If approved, this charter would allow World Liberty Financial to operate as
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OpenAI's recent initiative to integrate health-related features into ChatGPT has sparked concerns regarding data security and privacy. The new capabilities aim to assist users with health inquiries, but experts warn that sensitive personal health information could be at risk. Critics emphasize the need for robust data protection measures
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Crypto credit is increasingly resembling traditional cash savings accounts, as platforms begin offering interest rates on crypto deposits similar to those found in conventional banks. In Asia, several cryptocurrency firms are launching products that allow users to earn yields on their digital assets, attracting investors looking for alternative savings options.
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Wyoming has officially launched its state-backed FRNT stablecoin, aiming to enhance the state's financial ecosystem and attract blockchain innovation. The stablecoin is pegged to the U.S. dollar and is designed to facilitate transactions within the state's economy. This initiative is part of Wyoming's
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Crypto executives are expressing concerns that proposed changes to the GENIUS Act could pose a significant threat to national security. They argue that the legislation, aimed at regulating cryptocurrency, may inadvertently stifle innovation and drive businesses overseas. Critics warn that the increased regulatory burden could hinder the U.S.'
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Fireblocks has acquired the crypto accounting platform TRES for $130 million. This acquisition aims to enhance Fireblocks' offerings in digital asset management and streamline accounting processes for its clients. TRES specializes in providing accounting solutions tailored for cryptocurrency firms, which aligns with Fireblocks' focus on security and compliance
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Wyoming has launched its first stablecoin, dubbed the "Frontier" stablecoin, which is designed to be fully backed by U.S. dollars and regulated under state law. The stablecoin aims to provide a secure and efficient means of digital transactions while potentially offering yield to holders. It is part
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Solana Mobile is preparing to airdrop its new SKR token to users of the Seeker phone, but Saga phone owners will not be eligible for this distribution. The airdrop aims to reward Seeker phone users, who are part of the Solana ecosystem, as the company seeks to enhance user engagement.
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Solana Mobile has announced that it will launch its SKR token on January 21. The company also confirmed an airdrop associated with the token's release. This move aims to enhance the Solana ecosystem and attract more users to its mobile platform. Details regarding the airdrop and how users