TRON achieved record growth in 2024, with daily transactions rising 7.19% to 7.67 million and USDT supply increasing from $48 billion to $62 billion. The network’s cost-efficiency and scalability were highlighted, alongside significant ecosystem developments and a rise in Stake 2.0 adoption from 31% to 51%.
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February 10, 2025 | 16:16
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February 10, 2025 | 13:25
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February 8, 2025 | 16:03
February 8, 2025 | 16:03News from BRA
Generated 8 posts last week Ripple Partners with Unicâmbio to Enhance Portugal Brazil Remittances
Ripple has partnered with Unicâmbio to facilitate cross-border payments between Portugal and Brazil, marking its first deployment of Ripple Payments in Portugal. This collaboration aims to enhance financial connectivity, offering near-instant settlements and reducing costs compared to traditional payment methods. With this expansion, Ripple Payments now operates in over 90 payout markets, covering a significant portion of daily foreign exchange transactions.
read moreRipple Partners with Unicâmbio to Enhance Cross-Border Payments in Portugal
Ripple has partnered with Portuguese currency exchange Unicâmbio to enhance cross-border payments between Portugal and Brazil, marking a significant step in its European expansion. This collaboration aims to provide faster and more cost-effective transactions, leveraging blockchain technology to facilitate money movement between the two nations. Unicâmbio’s corporate clients will benefit from Ripple Payments for instant transfers and settlements, further solidifying Ripple’s presence in the Latin American market.
read moreBitcoin Miners Hoard Cryptocurrency Amid Growing Competition and Market Trends
Major Bitcoin miners, including Marathon Digital Holdings and Riot Platforms, are hoarding significant amounts of BTC, likely in anticipation of future profitability and competition. This trend reflects a strategic choice to maximize future earnings, especially with the upcoming halving event. Meanwhile, Petrobras is entering the Bitcoin mining space, indicating growing interest from energy firms in cryptocurrency.
read moreRipple and Unicâmbio Partner for Instant Payments Between Brazil and Portugal
Ripple has partnered with Unicâmbio to enable near-instant cross-border payments between Portugal and Brazil, benefiting corporate clients with faster settlements and reduced costs. This collaboration marks Ripple’s entry into the Portuguese market, enhancing economic ties between the two nations through blockchain technology.
read moreBest Wallet Token Emerges Amid Brazil’s Crypto Surge and Meme Coin Hype
Brazil’s crypto market has seen a surge, with $90B in inflows over the past year, primarily in stablecoins, as the country grapples with taxation and money laundering concerns. The Best Wallet App, featuring the $BEST token, aims to capture 40% of the non-custodial wallet market by 2026, having already raised $9.3M in presale. With 250,000 active users and a 96.3% month-on-month growth, $BEST is positioned as a potential 100x meme coin.
read moreKentucky Proposes Bitcoin Reserve Bill Joining Growing National Trend
Kentucky has introduced legislation to create a Bitcoin reserve, becoming the 16th US state to do so. The bill, proposed by State Representative Theodore Joseph Roberts, allows the State Investment Commission to invest up to 10% of excess state reserves in cryptocurrencies, specifically Bitcoin, which is the only digital asset meeting the criteria of a market cap over $750 billion. While several states have proposed similar bills, none have been implemented yet, though Utah’s bill has advanced in the legislative process.
read moreSafra Plans Acquisition of Saxo Bank Amid Digital Banking Challenges
Safra Sarasin, a prominent Swiss private bank managing over 200 billion francs in client assets, is reportedly planning to acquire Saxo Bank, which has over 100 billion euros in assets. This move follows the failure of Safra’s digital banking initiative, prompting a search for a robust solution in Saxo’s established trading platform. If successful, Safra aims to expand Saxo’s operations first in Europe and then globally.
read moreConcerns Over Financial Incentives for Biometric Data and Informed Consent
Evin McMullen, co-founder of Privado ID, argues that financial incentives for biometric data violate informed consent, especially in emerging markets where economic challenges can lead to coercion. Governments worldwide, including Kenya, Spain, and Brazil, have imposed bans or restrictions on Worldcoin due to data security and ethical concerns surrounding its iris-scanning technology.
read moreTexas Bitcoin Mining Faces Challenges from Cold Weather and Power Outages
Texas, contributing 17% to the global Bitcoin mining hashrate, faced significant operational disruptions due to extreme cold and power outages, resulting in Bitcoin’s first negative difficulty adjustment in four months. While the declining difficulty may benefit miners, the reliance on the state’s electricity highlights the vulnerability of the sector to severe weather events. In response, some companies are exploring sustainable energy solutions like solar and wind to mitigate risks and reduce their carbon footprint.
read moreTop Six Promising Cryptocurrencies to Invest in Before Price Increases
Investors are eyeing six promising cryptocurrencies poised for significant growth, with Qubetics ($TICS) leading the charge by revolutionizing cross-border transactions through low-cost, instant payments. Kaspa’s innovative blockDAG architecture enhances transaction speed and scalability, while Arweave offers permanent data storage solutions, addressing the growing need for immutable records. Stacks (STX) aims to bring smart contracts to Bitcoin, expanding its utility beyond a mere store of value.
read moreTrump threatens tariffs on BRICS as Russia denies currency challenge
Russia has dismissed Donald Trump’s threat of 100% tariffs on BRICS nations, asserting that the group is not pursuing a common currency to rival the US dollar. Kremlin spokesman Dmitry Peskov emphasized that BRICS focuses on investment projects rather than currency competition, despite ongoing discussions about a gold-backed currency for trade. Trump’s warnings reflect his stance against any efforts to diminish the dollar’s dominance in global trade.
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