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The percentages on deposits as of January 2️⃣7️⃣

The percentages on deposits as of January 2️⃣7️⃣

Jan-27-2025

Important Update: USDT (TRC20) Withdrawal Fee ✔️

Important Update: USDT (TRC20) Withdrawal Fee ✔️

Jan-27-2025

Starting 01.27.2025, a 2 USDT (TRC20) withdrawal fee will apply to USDT (TRC20) transactions.

We hope this message finds you well. Due to the continuous increase in the price of the TRON (TRX) cryptocurrency, there has been a corresponding rise in transaction fees for TRC20 tokens. As a result, we will introduce a withdrawal fee of 2 USDT (TRC20) for USDT (TRC20) transactions.

We understand that changes in fees can be concerning. Please rest assured that this decision was made after careful consideration to maintain the quality and sustainability of our services. The TRON network has seen significant growth, processing over $2 million in USDT transfers daily and experiencing a 48% increase in transaction volume in 2024. This increased activity has led to higher transaction costs, making this adjustment necessary.

We appreciate your understanding and continued support.

The percentages on deposits as of January 2️⃣4️⃣

The percentages on deposits as of January 2️⃣4️⃣

Jan-24-2025

CryptoQuant: Chinese Authorities Sold Almost $20 Billion in Bitcoin ✔️

CryptoQuant: Chinese Authorities Sold Almost $20 Billion in Bitcoin ✔️

Jan-24-2025

China's Treasury sold approximately 194,000 bitcoins for $19.7 billion. This news was shared by CryptoQuant founder and CEO Ki Young Ju.

PlusToken Bitcoin Reserves Analysis

He specified that we are talking about $4.2 billion worth of bitcoins seized in 2019 from crypto wallets associated with the PlusToken financial pyramid. At the same time, 109 people were arrested on charges of fraud.

Despite the massive sell-off of bitcoins by the Chinese authorities, the rate of the flagship cryptocurrency has not suffered. Over the past 24 hours, BTC has added 0.7% to its value and was trading around $105,000 on the evening of January 23.

Experts attribute Bitcoin's resilience to ongoing purchases by major companies, including asset manager BlackRock. A few days ago, its IBIT exchange-traded fund bought $600 million worth of BTC.

The leading cryptocurrency quickly reacts to all news related to cryptocurrency regulation in the US. For example, on January 23, Bitcoin jumped to $106,000 after Senator Cynthia Lummis promised to release “big news”.
In addition, at the Davos Economic Forum, Donald Trump promised to make the US a center for artificial intelligence and cryptocurrencies.

The percentages on deposits as of January 2️⃣3️⃣

The percentages on deposits as of January 2️⃣3️⃣

Jan-23-2025

V. Buterin: Ethereum's future depends on its culture, not just its technology ✔️

V. Buterin: Ethereum's future depends on its culture, not just its technology ✔️

Jan-23-2025

Ethereum co-founder Vitalik Buterin has spoken out about the importance of the connection between technology and culture.

It all started when a member of the LambdaClass community, which focuses on Ethereum infrastructure and zero-knowledge proofs, highlighted Ethereum's alignment with technology and societal goals.

If your technology is awesome at time T, but your culture sucks, your technology will suck at time T+k… — Buterin noted.

In doing so, Buterin highlighted how weak governance or cultural misalignment can threaten even the most innovative ecosystems.

Some members of the crypto community believe that despite its technological advancement, Ethereum lags behind other networks that have stronger cultural cohesion. They believe that addressing governance issues and fostering cultural growth could be key to maintaining Ethereum’s competitive advantage.

Critics argue that Ethereum's future depends on optimizing the crypto project's innovative technology with culture. They don't see any solutions to this problem in the Ethereum Foundation or in Vitalik Buterin's speeches.