According to data from SMR Nuclear, nuclear energy plants produce 441,398,880 megawatt-hours of energy throughout their lifetimes. Source link
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The US Securities and Exchange Commission (SEC) has filed settled charges against crypto lending firm Abra for failing to register its crypto asset lending product, Abra Earn. Additionally, the regulator also filed settled charges against Plutus Lending LLC, Abra’s owner, for operating as an unregistered investment company. Stacy Bogert, Associate…
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The Telegram founder’s unexpected arrest marks a significant development in the ongoing scrutiny of tech leaders amid growing legal challenges facing the crypto industry. Source link
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Aave Labs proposed an update to its GHO Stability Module (GSM) on Aug. 26, which involves using BlackRock’s tokenized fund BUIDL’s shares to help maintain the dollar peg of its stablecoin. According to the proposal, a new GSM would let Aave exchange users’ USD Coin (USDC) given to mint its…
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PYUSD is competing with rivals such as Circle’s USDC and Tether’s USDT. Source link
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PayPal’s stablecoin PYUSD surpassed $1 billion in market cap on Aug. 24, according to CoinGecko data. On an X (formerly Twitter) post, PYUSD’s issuer Paxos celebrated the feat, highlighting how fast the stablecoin crossed the important mark when compared to its peers, USD Coin (USDC) and Tether USD (USDT). CoinGecko data…
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French authorities have come under fire from free speech activists and the crypto community after arresting Telegram founder Pavel Durov. Source link
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French authorities have disclosed the charges against Telegram founder and CEO Pavel Durov, who was arrested on Aug. 24 at Le Bourget airport near Paris. Durov faces a series of grave accusations, including complicity in child exploitation, drug trafficking, and other organized criminal activities, marking a significant escalation in a…
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The SEC announced securities charges against the lending platform over its Abra Earn service but also said the firm had settled with pending civil penalties and an injunction. Source link
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Web3 prediction platform Polymarket is experiencing unprecedented growth, fueled largely by the upcoming 2024 US presidential election. The platform has already achieved its highest trading volumes and user participation to date this month, solidifying its status as a significant player in the prediction market space. Consecutive record growth Polymarket’s trading…