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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…

The 2nd edition of the ethereum.org Translatathon is in the books! This year, we saw 327 contributors translate an incredible 2.53 million words across 70 languages. Let’s look at the details: What is the Translatathon? The Translatathon is our yearly translation competition to increase the amount of non-English Ethereum content. Participation is open to anyone who is bilingual and no technical knowledge is required. During the Translatathon, participants can learn more about Ethereum while contributing to ethereum.org and competing for prizes. 2 weeks of applications9 days of translations2 weeks of quality evaluations The goal was to get more translations in…

NFTs have suffered everything from ridicule and scams to a broad dip in demand due to the crypto winter. Sometimes it almost feels like some of the projects in the space are kept going simply on hopes and dreams. Still, the sector has persisted through the downturn, and recent momentum in crypto has investors, community members and spectators alike becoming interested in NFTs again. Sure, NFTs get a lot of heat for all the silly apes, rocks and JPEGs that people spend millions on, but there’s a widespread belief in the industry that there’s ample value underlying the concept and…

Today a substantial transaction happened in the Solana (SOL) market. A prominent institutional whale, recognized to be Pump.fun, moved 117,913 SOL (worth $18.26 million) to Kraken. This movement has drawn attention and curiosity among crypto market participants, attracted to understand the motive behind such transaction. The transfer hints at a possible sale The deposit of such a huge quantity of Solana coins to Kraken suggests that the whale could be planning to reorganize its portfolio. This could be an indicator of a strategic plan, likely internal investment strategies. The move indicates that the whale wants a liquidity provision and plans…

This week, several institutions and venture capital firms announced purchases or investments in Solana totaling $1 billion, highlighting the token’s relevance for the wider crypto industry. GSR, Galaxy Digital, SOL Strategies, Astra Fintech, and RockawayX are behind these moves to grow the Solana ecosystem. Solana Ecosystem Gets Attention: Close to $1 Billion Captured in a […]

BlackRock’s BUIDL fund has seen rapid growth in the past few weeks, showing growing recognition of blockchain’s role in tradFi. The investor appetite for blockchain-based securities is growing, despite a market downturn. On Friday, April 11, BlackRock’s BUIDL fund surpassed $2.1 billion in assets under management on Ethereum (ETH). These funds account for 90.5% of all BUIDL tokens across the seven chains it supports. https://twitter.com/tokenterminal/status/1910662345010864591 The BUIDL fund has seen rapid growth in the past few weeks, rising from around $500 million in AUM to its current level of over $2 billion. Interestingly, this growth began just as fears over…

The UK government has dropped its plans to produce a non-fungible token for sale through the Royal Mint, just under a year after it first announced the project.In response to a question from the Conservative MP Harriett Baldwin, the Treasury’s economic secretary, Andrew Griffith, confirmed the abandonment, saying: “In consultation with HM Treasury, the Royal Mint is not proceeding with the launch of a non-fungible token at this time but will keep this proposal under review.”Tulip Siddiq, the shadow City minister, welcomed the decision. “I’m glad that the Royal Mint has finally made the Conservatives see sense, but we’ve been…

World Liberty Financial (WLFI), the crypto firm associated with the family of US President Donald Trump, made waves when it debuted late last year.WLFI caused a stir when it launched ahead of the president’s inauguration. Observers have accused the project of front-running important crypto-related events, like the White House Crypto summit, and presenting a conflict of interest.Trump is in a unique position to influence outcomes that would affect his portfolio, but WLFI is not insulated from the broader market trends, which have seen crypto and stock prices drop amid significant macroeconomic concerns. The Trump administration will soon mark 100 days…

Key takeaways: Data suggests that Bitcoin currently trades at a 40% discount. Over 36,000 Bitcoin were withdrawn from Coinbase and Binance on April 25. Bitcoin’s fractal pattern from Q4 2024 could propel prices above $100,000 in April. Bitcoin (BTC) is currently trading at a 40% discount to its intrinsic value, according to Capriole Investments founder Charles Edwards. In a recent post on X, Edwards highlighted that since the April 2024 halving, which reduced block rewards to 3.125 BTC, Bitcoin’s energy value—an estimate based on mining costs and energy consumption—stands at $130,000.Bitcoin’s intrinsic value based on energy consumption, and market price.…

Russia’s finance ministry and central bank are reportedly planning to launch a crypto exchange for qualified investors under an experimental legal regime.The platform will be aimed at “super-qualified investors,” Finance Minister Anton Siluanov said during a ministry meeting, according to April 23 reports from Russian media group RBC and Russian news agency Interfax.“Together with the central bank, we will launch a crypto exchange for super-qualified investors. Crypto assets will be legalized, and crypto operations will be brought out of the shadows,” he said in a statement translated from Russian.“Naturally, this will not happen domestically, but as part of the operations…