🔝 Top Crypto News for August 26, 2024
☢️ Bitcoin Mining Concentration!
Two mining pools, Foundry USA and AntPool, now control 56.95% of the entire Bitcoin network hashrate! Foundry USA, a subsidiary of DCG (which also owns Grayscale), holds a 32.2% share, while AntPool holds 24.75%. This raises questions about the centralization of the Bitcoin network and its future implications.
🦾 Vitalik on Polymarket!
Vitalik Buterin stated that the Polymarket service should not be classified as gambling like other prediction markets. This comes after US senators called for a ban on election betting. Meanwhile, Polymarket is seeing a surge in activity, with 55,000 active participants per month.
⛑ Support for Pavel Durov!
Tron founder Justin Sun proposed launching a DAO to support Telegram CEO Pavel Durov and "show the cryptocurrency industry's unity." He also pledged to donate $1 million to the DAO to help this cause.
🎩 Binance Adds Eurite Stablecoin!
Binance has announced the listing of Eurite (EURI), a stablecoin that complies with all MiCA bill requirements. The total capitalization of stablecoins (excluding algorithmic ones) has reached an all-time high of $168 billion.
📕 Blockchain Education in Argentina!
The Ministry of Education of Buenos Aires, in partnership with ETH Kipu, is launching blockchain and Ethereum technology classes in high schools. The first session of the course begins today, marking a new era of crypto education!
Stay tuned for more crypto news and updates! 🚀
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