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What is #cNTF ? Compressed NFTs (cNFTs) are revolutionizing the digital asset landscape by offering a cost-effective and scalable alternative to traditional NFTs. Leveraging state compression technology, cNFTs significantly reduce storage and minting expenses, making them ideal for large-scale applications like gaming, social media, and metaverse assets. Key Advantages of cNFTs: 💡Cost Efficiency: Minting large quantities of cNFTs is substantially cheaper than traditional NFTs. For example, creating 1 million standard NFTs on Solana might require about 24,000 $SOL , whereas the same number of cNFTs can be minted for approximately 10 $SOL , representing a cost reduction of over 1000x. 💡Scalability: Designed to handle high-volume use cases, cNFTs enable the minting of thousands or even millions of tokens without compromising performance. 💡On-Chain and Off-Chain Flexibility: While ownership is tracked on-chain, much of the metadata can be stored off-chain, further reducing costs without sacrificing utility. Platforms like DRiP on Solana have already distributed over 4 million free cNFTs, demonstrating the accessibility and potential of this technology for onboarding new users and reshaping digital art experiences. As the #NFT ecosystem continues to evolve, cNFTs offer a promising solution for creators and businesses seeking scalable, eco-friendly, and cost-effective digital asset management. For a comprehensive understanding of compressed NFTs and their minting process, refer to the detailed guide by #Cointelegraph

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🇷🇺 The Moscow Exchange has signaled its readiness to launch cryptocurrency futures. The chairman, Viktor Zhidkov, indicated that such a decision is only possible with the legalization of transactions involving digital assets in Russia. Zhidkov noted that progress cannot be ignored; however, the introduction of new products related to cryptocurrency currently seems premature. He emphasized that futures can only be issued on assets that are already actively traded in the market. With cryptocurrency, there are certain doubts due to its volatility and the lack of a stable cash flow compared to stocks and bonds, which is concerning. 💁‍♂️ The situation feels like a dilemma—wanting it and yet hesitating. Indeed, it is necessary for the Central Bank to make a statement that international trade is possible—only then will cryptocurrencies receive the green light! Meanwhile, futures for familiar commodities like sugar, gold, coffee, and even orange juice are already available on the exchange! However, it seems that something more is required for cryptocurrency. What do you think? #Russia #RussiaCrypto

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Trump: "We will do something big with cryptocurrencies" In an interview with CNBC, Donald Trump stated that the United States should lead the cryptocurrency sector before countries like China take the lead. He also expressed that the U.S. must become a l

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According to information from Bloomberg, Brian Quintenz, the head of the crypto policy department at the venture firm Andreessen Horowitz (a16z), has emerged as the leading candidate for the position of chairman of the U.S. Commodity Futures Trading Commission (CFTC). If he is appointed, it could lead to significant changes in CFTC's policy regarding the regulation of cryptocurrencies. What do you think, will Brian Quintenz become the head? #quintenz #Bloomberg

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🔶 Binance and Circle Partner to Promote USDC Stablecoin Globally The largest cryptocurrency exchange, Binance, and company Circle have entered into a partnership aimed at accelerating the adoption of the USDC stablecoin worldwide. Over 240 million Binance users will have the opportunity to use USDC for trading, savings, and transactions. Additionally, Binance will use USDC as its primary stablecoin to manage its corporate fund. Binance CEO Richard Teng noted that this will open access to new trading pairs and unique offerings. In the face of competition from Tether, which holds a leading position among stablecoins, Circle is positioning its product as more regulated. This partnership also underscores Binance's commitment to comply with global regulations following the resolution of $4 billion in claims in the United States. #USDCoin #richardteng

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