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<p><img decoding="async" src="https://cryptoslate.com/wp-content/uploads/202 ...

Source: https://nextgencoins.io/feed/

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<title>Paxos CEO warns US risks losing financial leadership without crypto reform</title>
<link>https://nextgencoins.io/paxos-ceo-warns-us-risks-losing-financial-leadership-without-crypto-reform/</link>
<comments>https://nextgencoins.io/paxos-ceo-warns-us-risks-losing-financial-leadership-without-crypto-reform/#respond</comments>
<dc:creator><![CDATA[admin]]></dc:creator>
<pubDate>Wed, 30 Oct 2024 04:48:41 +0000</pubDate>
<category><![CDATA[Legal and Regulatory]]></category>
<category><![CDATA[CEO]]></category>
<category><![CDATA[Crypto]]></category>
<category><![CDATA[Financial]]></category>
<category><![CDATA[Leadership]]></category>
<category><![CDATA[Losing]]></category>
<category><![CDATA[Paxos]]></category>
<category><![CDATA[reform]]></category>
<category><![CDATA[risks]]></category>
<category><![CDATA[warns]]></category>
<guid isPermaLink="false">https://nextgencoins.io/paxos-ceo-warns-us-risks-losing-financial-leadership-without-crypto-reform/</guid>
<description><![CDATA[Paxos CEO Urges Political Figures to Embrace Blockchain and Stablecoins for US Financial Leadership In a compelling open letter addressed to Vice President Kamala Harris and former President Donald Trump, Charles Cascarilla, the CEO and co-founder of Paxos, emphasized the critical role that digital assets and regulatory reforms play in securing America’s financial leadership on [...]]]></description>
<content:encoded><![CDATA[<div>
<h2>Paxos CEO Urges Political Figures to Embrace Blockchain and Stablecoins for US Financial Leadership</h2>
<img decoding="async" src="https://cryptoslate.com/wp-content/uploads/2023/09/paxos.jpg" />
In a compelling open letter addressed to Vice President Kamala Harris and former President Donald Trump, Charles Cascarilla, the CEO and co-founder of Paxos, emphasized the critical role that digital assets and regulatory reforms play in securing America’s financial leadership on a global scale.
Cascarilla passionately urged both political figures to acknowledge the transformative potential of blockchain technology and stablecoins in modernizing the US financial system. He cautioned that without a supportive regulatory environment, the country risks losing its competitive edge in the rapidly evolving landscape of global finance.
Highlighting the disparity between the surge in smartphone adoption and the persistent lack of banking access for a significant portion of the population, Cascarilla pointed out that 20% of Americans and 40% of the global population remain unbanked or underbanked. He proposed that blockchain technology, in conjunction with US dollar-backed stablecoins, could offer a viable solution to create a more transparent and inclusive financial ecosystem.
Cascarilla underscored the pivotal role of digital assets in “re-platforming the financial system,” enabling it to function securely and transparently on the internet. He emphasized the importance of stablecoins, or digital dollars, as a crucial upgrade to the payment system, revolutionizing money movement, enhancing global economic participation, and ensuring the dominance of the US dollar for years to come.
Expressing his frustration with the mounting regulatory challenges in the US, Cascarilla cited instances of regulatory overreach and convoluted banking policies that have prompted Paxos and other companies to contemplate relocating operations to countries like Singapore and the UAE, where regulatory frameworks foster innovation in the financial sector.
Cascarilla’s letter served as a clarion call for bipartisan support in establishing a comprehensive stablecoin framework. He argued that such reforms are imperative for preserving America’s influence in global finance, retaining jobs, capital, and technological expertise within the country, and avoiding the risk of losing ground to jurisdictions that actively support blockchain adoption.
In conclusion, Cascarilla appealed for collaborative efforts with the next administration, emphasizing the need for a constructive policy approach towards blockchain and digital assets. He asserted that embracing innovative technologies would not only reinforce US economic leadership but also demonstrate the nation’s commitment to leading the way in digital asset innovation during this pivotal moment in financial evolution.
<h4>Mentioned in this article</h4>
</div>
]]></content:encoded>
<wfw:commentRss>https://nextgencoins.io/paxos-ceo-warns-us-risks-losing-financial-leadership-without-crypto-reform/feed/</wfw:commentRss>
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<title>Top Telegram Airdrops to Claim in November</title>
<link>https://nextgencoins.io/top-telegram-airdrops-to-claim-in-november/</link>
<comments>https://nextgencoins.io/top-telegram-airdrops-to-claim-in-november/#respond</comments>
<dc:creator><![CDATA[admin]]></dc:creator>
<pubDate>Wed, 30 Oct 2024 04:30:19 +0000</pubDate>
<category><![CDATA[Gaming]]></category>
<category><![CDATA[Airdrops]]></category>
<category><![CDATA[Claim]]></category>
<category><![CDATA[November]]></category>
<category><![CDATA[Telegram]]></category>
<category><![CDATA[Top]]></category>
<guid isPermaLink="false">https://nextgencoins.io/top-telegram-airdrops-to-claim-in-november/</guid>
<description><![CDATA[Telegram games and airdrops have become increasingly popular due to their simple gameplay mechanics and the opportunity to earn real token rewards. These community-driven games offer a fun and interactive way for users to earn digital assets before they are listed on exchanges. ### November Telegram Airdrops This November, several Telegram airdrops are offering exciting [...]]]></description>
<content:encoded><![CDATA[Telegram games and airdrops have become increasingly popular due to their simple gameplay mechanics and the opportunity to earn real token rewards. These community-driven games offer a fun and interactive way for users to earn digital assets before they are listed on exchanges.
### November Telegram Airdrops
This November, several Telegram airdrops are offering exciting token rewards and unique gameplay experiences. Let’s take a closer look at some of the standout airdrops and what makes them special:
#### MAJOR
MAJOR is a Telegram game that challenges players to complete daily tasks to collect letters and words, leading to exclusive prizes. The game combines wordplay with token rewards, making it an ideal choice for casual gamers looking for a daily gaming experience. By completing tasks and accumulating tokens, players can unlock bigger rewards or exchange them as their value increases.
#### BLUM
BLUM is a hybrid exchange platform that supports both on-chain and off-chain transactions, appealing to a wide range of users. Backed by Binance Labs, BLUM offers airdrops that allow early participants to accumulate tokens before they are listed on exchanges. With the support of Binance Labs, BLUM’s unique airdrop structure rewards early adopters, making it a promising platform for gamers and investors alike.
#### SOON
SOON is a community-driven Telegram game built on the TON blockchain by TonStation. Leveraging TON’s existing community, SOON introduces a new gaming experience to the Telegram app. The airdrop is strategically timed with the token listing, allowing players to accumulate tokens and get involved early in the ecosystem. With the steady backing and enthusiasm from the TON network, SOON’s airdrop rewards are expected to hold value.
#### Not Pixel
Not Pixel offers a unique interactive gameplay experience where players can earn PX Points by drawing pixels. This Web3 twist on pixel-based games appeals to creative players looking for a different gaming experience. With PX Points earned through gameplay, players can participate in additional challenges and events within the Not Pixel ecosystem, unlocking more rewards along the way.
#### TapSwap
TapSwap is a Telegram tap-to-earn game that rewards players with TAPS tokens through a simple and enjoyable gameplay loop. The game aims to attract a wide range of users by offering an easy and fun way to earn tokens. By tapping to earn tokens, players can accumulate rewards over time, making TapSwap a great choice for anyone interested in token accumulation.
#### SEED
SEED features a nature-themed gameplay where players can earn tokens by planting trees and harvesting resources in the game. This eco-friendly twist appeals to users interested in socially responsible gaming. By participating in virtual “planting” activities, players can earn SEED tokens, with rewards tied to real-world environmental themes. SEED offers a meaningful and immersive gaming experience that rewards engagement with a sustainable message.
### How to Join Telegram Airdrops
Joining a Telegram airdrop is simple: subscribe to the game’s Telegram channel or group, follow the instructions, and complete in-game tasks to start earning tokens. Inviting friends to join can also increase your rewards. Stay informed about each project’s token generation event and listing date to maximize your earnings. However, be cautious with airdrops, verify the project’s legitimacy to avoid scams, and remember that token values can be volatile.
### Risks
While airdrops are enjoyable, there are risks to be aware of. Price volatility is common, and tokens earned during airdrops can experience sharp drops in value. There is also a risk of scams, so only participate in airdrops from verified sources. Airdrops should not be seen as investments, and it’s important to exercise moderation and prioritize security. Despite these risks, airdrops offer a great way to explore Web3 games and earn rewards.
### Final Thoughts
Telegram games are gaining momentum, offering a blend of entertainment and financial incentives that appeal to a growing audience. With more projects entering this space, the future looks promising, with opportunities for deeper community engagement, enhanced token utilities, and interactive features. Now is the time to get involved, as early adopters stand to benefit from the evolution of Telegram gaming and its rewards. 
Editor’s note: This article was written with the assistance of AI and edited by Owen Skelton, an experienced journalist and editor with a passion for delivering insightful and engaging content. 
]]></content:encoded>
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<title>‘Tomarket’ Telegram Game Selling Airdrop Booster Ahead of Token Launch</title>
<link>https://nextgencoins.io/tomarket-telegram-game-selling-airdrop-booster-ahead-of-token-launch/</link>
<comments>https://nextgencoins.io/tomarket-telegram-game-selling-airdrop-booster-ahead-of-token-launch/#respond</comments>
<dc:creator><![CDATA[admin]]></dc:creator>
<pubDate>Wed, 30 Oct 2024 03:58:06 +0000</pubDate>
<category><![CDATA[Gaming]]></category>
<category><![CDATA[Ahead]]></category>
<category><![CDATA[Airdrop]]></category>
<category><![CDATA[Booster]]></category>
<category><![CDATA[Game]]></category>
<category><![CDATA[launch]]></category>
<category><![CDATA[Selling]]></category>
<category><![CDATA[Telegram]]></category>
<category><![CDATA[token]]></category>
<category><![CDATA[Tomarket]]></category>
<guid isPermaLink="false">https://nextgencoins.io/tomarket-telegram-game-selling-airdrop-booster-ahead-of-token-launch/</guid>
<description><![CDATA[Telegram game Tomarket is gearing up to launch its TOMA token on The Open Network (TON) just in time for Halloween. Players are eagerly anticipating the token’s release, with some even willing to spend money in advance to enhance their allocation. Recently, Tomarket announced a sale for its Premium Medal, an in-game item that offers [...]]]></description>
<content:encoded><![CDATA[Telegram game Tomarket is gearing up to launch its TOMA token on The Open Network (TON) just in time for Halloween. Players are eagerly anticipating the token’s release, with some even willing to spend money in advance to enhance their allocation.
Recently, Tomarket announced a sale for its Premium Medal, an in-game item that offers various perks for users, including benefits for the upcoming airdrop. One of the standout features of the Premium Medal is a “bonus multiplier on your TOMA allocation,” as well as receiving “100% tokens when we list.”
Essentially, players who purchase the Premium Medal will receive a boost to the amount of tokens they earn through gameplay. Additionally, the game hints that without buying the medal, players may not receive their full earned allocation right away.
Similar to Hamster Kombat, which staggered the release of players’ tokens over several months, Tomarket is taking a similar approach. However, Tomarket is offering players the option to unlock their full token allocation immediately by purchasing the Premium Medal for 1 TON or 250 Telegram stars (approximately $5).
Limited to just 200,000 units, the Premium Medal promises additional bonuses in future features or services. The developers have not disclosed details about token vesting or the multiplier size, but players can expect more benefits from the in-game item.
A Tomarket representative confirmed that players will receive their airdrop allocations within 24 hours of the token generation event on Thursday, October 21. As the game continues to grow with over 40 million players, Tomarket plans to introduce a “Farming Pool” feature post-token launch. This feature will allow TOMA holders to participate in token farming opportunities for new projects and earn rewards by referring friends to these projects.
Stay tuned for more updates on Tomarket and the TOMA token as the game continues to evolve. For the latest news and insights, be sure to follow Decrypt for all the latest developments in the cryptocurrency and gaming space. 
]]></content:encoded>
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<title>The Hyperscale Data Center Market Investment to Hit $304.73 Bn by 2029, More than 10,249 MW Power Capacity to be Added in the Next 6 Years – Arizton</title>
<link>https://nextgencoins.io/the-hyperscale-data-center-market-investment-to-hit-304-73-bn-by-2029-more-than-10249-mw-power-capacity-to-be-added-in-the-next-6-years-arizton/</link>
<comments>https://nextgencoins.io/the-hyperscale-data-center-market-investment-to-hit-304-73-bn-by-2029-more-than-10249-mw-power-capacity-to-be-added-in-the-next-6-years-arizton/#respond</comments>
<dc:creator><![CDATA[admin]]></dc:creator>
<pubDate>Wed, 30 Oct 2024 02:03:06 +0000</pubDate>
<category><![CDATA[Web3 News]]></category>
<category><![CDATA[Added]]></category>
<category><![CDATA[Arizton]]></category>
<category><![CDATA[Capacity]]></category>
<category><![CDATA[Center]]></category>
<category><![CDATA[Data]]></category>
<category><![CDATA[Hit]]></category>
<category><![CDATA[Hyperscale]]></category>
<category><![CDATA[Investment]]></category>
<category><![CDATA[market]]></category>
<category><![CDATA[power]]></category>
<category><![CDATA[Years]]></category>
<guid isPermaLink="false">https://nextgencoins.io/the-hyperscale-data-center-market-investment-to-hit-304-73-bn-by-2029-more-than-10249-mw-power-capacity-to-be-added-in-the-next-6-years-arizton/</guid>
<description><![CDATA[The hyperscale data center market is experiencing significant growth, with a CAGR of 8.72% during the period of 2023-2029, according to a recent research report by Arizton. The market size in terms of investment is expected to reach $304.73 billion by 2029, up from $184.48 billion in 2023. This growth is driven by key players [...]]]></description>
<content:encoded><![CDATA[ The hyperscale data center market is experiencing significant growth, with a CAGR of 8.72% during the period of 2023-2029, according to a recent research report by Arizton. The market size in terms of investment is expected to reach $304.73 billion by 2029, up from $184.48 billion in 2023. This growth is driven by key players in the industry such as AWS, Microsoft, Google, Meta, Alibaba, Tencent, Apple, Equinix, and others.
In 2023, the U.S. hyperscale data center market saw substantial growth, fueled by factors such as increased internet usage, social media penetration, availability of free cooling and renewable energy, and the adoption of cloud-based services. Leading players like Meta, Microsoft, AWS, and Google are expanding their global presence in emerging markets across Europe and the Asia-Pacific region. North America led the investment landscape in 2023 with approximately $85.74 billion, followed by the Asia-Pacific region at $59.54 billion.
To mitigate the environmental impact of rapid data center growth, many companies are investing in clean renewable energy to power their facilities. Data center automation solutions are being used to identify maintenance requirements and prevent operational and backup power failures during outages. With big investments in hyperscale data centers expected to increase year after year, providers are focusing on setting up edge locations driven by the rollout of 5G technology.
Geographically, the Americas account for approximately 48% of the total market share in the global hyperscale data center market, with North America leading in investments. Europe ranks as the third-largest market, with Western Europe, the Nordics, and Central & Eastern Europe making significant contributions. In the Middle East and Africa, Saudi Arabia leads in investments followed by countries like South Africa, the UAE, and Israel.
Overall, the hyperscale data center market is poised for continued growth in the coming years, driven by advancements in technology and the increasing demand for cloud-based services. With key players investing heavily in expanding their global footprints, the industry is set to witness further innovation and development in the near future. The Asia-Pacific (APAC) region has emerged as the second-largest market globally for hyperscale data centers, with China leading the way by capturing around 48% of the market share. Following China, countries like Japan, Australia, India, Indonesia, Hong Kong, Malaysia, and other APAC nations contribute significantly to the growth of the market in the region.
The investment in hyperscale data centers in the APAC region is focused on various areas like IT infrastructure, electrical infrastructure, mechanical infrastructure, and general construction. The market is segmented based on different components such as server infrastructure, storage infrastructure, network infrastructure, UPS systems, generators, cooling systems, racks, and more. These segments provide a comprehensive overview of the infrastructure needed for the efficient functioning of hyperscale data centers.
In terms of cooling systems, the market is segmented into CRAC & CRAH units, chiller units, cooling towers, condensers & dry coolers, economizers & evaporative coolers, and other cooling units. The choice of cooling technique plays a crucial role in the performance and efficiency of the data center, with options like air-based and liquid-based cooling systems available.
The report also delves into the vendor landscape, highlighting key players in the IT infrastructure, support infrastructure, construction contractors & subcontractors, and data center investors categories. Companies like Cisco Systems, Dell Technologies, Hewlett Packard Enterprise (HPE), Schneider Electric, Siemens, and many others are actively involved in the development and maintenance of hyperscale data centers in the APAC region.
The research analysis in the report aims to provide valuable market insights for industry stakeholders, investors, researchers, consultants, and business strategists interested in understanding the hyperscale data center market. Key findings include the estimated market size, growth rate, power capacity, and market share held by different regions in the global hyperscale data center market.
As the demand for data storage and processing continues to rise, the APAC region is poised for significant growth in the hyperscale data center market. With a focus on expanding infrastructure and adopting advanced technologies, countries in the region are set to play a crucial role in shaping the future of data centers worldwide. The world of technology is constantly evolving, with new innovations and advancements being made every day. One area that has seen tremendous growth in recent years is artificial intelligence (AI). AI is the simulation of human intelligence processes by machines, especially computer systems. It involves the use of algorithms and data to enable machines to perform tasks that typically require human intelligence, such as visual perception, speech recognition, decision-making, and language translation.
One of the key areas where AI is being used is in the field of healthcare. AI has the potential to revolutionize the way medical professionals diagnose and treat patients, leading to more accurate diagnoses, personalized treatment plans, and improved patient outcomes. AI can analyze vast amounts of medical data to identify patterns and trends that may not be readily apparent to human doctors. This can help doctors make more informed decisions about a patient’s care and treatment.
AI is also being used in medical imaging to help doctors detect and diagnose diseases such as cancer at an earlier stage. AI algorithms can analyze images from MRI, CT scans, and X-rays to identify abnormalities and flag them for further investigation. This can help doctors catch diseases early when they are more treatable, leading to better patient outcomes.
Another area where AI is making a significant impact is in drug discovery and development. AI algorithms can analyze vast amounts of data to identify potential drug candidates and predict how they will interact with the human body. This can help pharmaceutical companies streamline their drug discovery process and bring new treatments to market more quickly.
AI is also being used to improve the efficiency of healthcare systems. AI-powered chatbots and virtual assistants can help patients schedule appointments, access their medical records, and get answers to their health-related questions. This can free up time for medical professionals to focus on more complex tasks and provide better care to their patients.
While AI has the potential to revolutionize healthcare, there are also challenges that need to be addressed. One of the main concerns is the ethical implications of using AI in healthcare. There are questions about patient privacy, data security, and the potential for bias in AI algorithms. It is important for policymakers, healthcare providers, and technology companies to work together to develop regulations and guidelines to ensure that AI is used responsibly and ethically in healthcare.
Overall, AI has the potential to transform the healthcare industry and improve patient care. By harnessing the power of AI, medical professionals can make more accurate diagnoses, develop personalized treatment plans, and streamline healthcare processes. As AI continues to advance, we can expect to see even more exciting innovations in healthcare that will benefit patients around the world. 
]]></content:encoded>
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<title>Georgia Opposition Party launches United Space, a blockchain-based democracy app ahead of elections</title>
<link>https://nextgencoins.io/georgia-opposition-party-launches-united-space-a-blockchain-based-democracy-app-ahead-of-elections/</link>
<comments>https://nextgencoins.io/georgia-opposition-party-launches-united-space-a-blockchain-based-democracy-app-ahead-of-elections/#respond</comments>
<dc:creator><![CDATA[admin]]></dc:creator>
<pubDate>Wed, 30 Oct 2024 02:01:27 +0000</pubDate>
<category><![CDATA[Blockchain]]></category>
<category><![CDATA[Ahead]]></category>
<category><![CDATA[App]]></category>
<category><![CDATA[BlockchainBased]]></category>
<category><![CDATA[democracy]]></category>
<category><![CDATA[elections]]></category>
<category><![CDATA[Georgia]]></category>
<category><![CDATA[Launches]]></category>
<category><![CDATA[Opposition]]></category>
<category><![CDATA[Party]]></category>
<category><![CDATA[Space]]></category>
<category><![CDATA[United]]></category>
<guid isPermaLink="false">https://nextgencoins.io/georgia-opposition-party-launches-united-space-a-blockchain-based-democracy-app-ahead-of-elections/</guid>
<description><![CDATA[The United National Movement, Georgia’s leading opposition party, recently launched United Space, an innovative identity app powered by Rarimo in preparation for the upcoming parliamentary elections on Oct. 26. This app aims to address the issue of low voter turnout in Georgia by incentivizing citizens to participate in the electoral process, regardless of their political [...]]]></description>
<content:encoded><![CDATA[The United National Movement, Georgia’s leading opposition party, recently launched United Space, an innovative identity app powered by Rarimo in preparation for the upcoming parliamentary elections on Oct. 26. This app aims to address the issue of low voter turnout in Georgia by incentivizing citizens to participate in the electoral process, regardless of their political affiliations.
According to a report on Alexa Blockchain, United Space utilizes blockchain technology to reward citizens for their engagement and aims to “digitize” the Public Service Hall if the party is elected. The app also plans to explore the concept of Universal Basic Income, with the proceeds being distributed back to the citizens.
Powered by the zero-knowledge social protocol Rarimo, the United Space app implements a liquid democracy model that allows citizens to vote anonymously through the app and receive rewards for their involvement. This app is an enhanced version of the existing Rarimo ZK proof-of-citizenship solution called Freedom Tool, which enables users to secure their identity by encrypting their national ID data on an on-chain registry.
One of the key features of United Space is its secure voting system that safeguards against privacy violations and voter manipulation. The blockchain technology ensures the integrity of the voting process and prevents external parties, including the government, from monitoring user activities within the app.
Given the current political climate in Georgia, characterized by increasing tensions and concerns about democratic backsliding, the anonymity provided by United Space is crucial for citizens. The app aims to encourage civic engagement by rewarding not only voting but also other forms of participation in public affairs.
Giorgi Vashadze, MP and leader of the United National Movement, envisions United Space as a transformative tool for strengthening democracy not only in Georgia but also globally. He believes that the app will empower citizens by providing them with unprecedented privacy, access, and ease of use in engaging with the electoral system and accessing state services.
Kitty Horlick, Director at Rarilabs, emphasized that United Space makes citizens direct stakeholders in the democratic process, state assets, and public services. By integrating this app into the WordPress platform, users can seamlessly engage with the app’s features and contribute to a more inclusive and participatory democratic system.
In conclusion, United Space represents a significant step towards enhancing democratic participation and transparency in Georgia. With its innovative features and commitment to citizen empowerment, this app has the potential to revolutionize the electoral process and strengthen democratic institutions in the country. 
]]></content:encoded>
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<title>Blockdaemon Forecasts Clarity by 2025</title>
<link>https://nextgencoins.io/blockdaemon-forecasts-clarity-by-2025/</link>
<comments>https://nextgencoins.io/blockdaemon-forecasts-clarity-by-2025/#respond</comments>
<dc:creator><![CDATA[admin]]></dc:creator>
<pubDate>Wed, 30 Oct 2024 01:03:53 +0000</pubDate>
<category><![CDATA[Legal and Regulatory]]></category>
<category><![CDATA[Blockdaemon]]></category>
<category><![CDATA[clarity]]></category>
<category><![CDATA[Forecasts]]></category>
<guid isPermaLink="false">https://nextgencoins.io/blockdaemon-forecasts-clarity-by-2025/</guid>
<description><![CDATA[Blockdaemon, a leading blockchain infrastructure provider, has made bold predictions about the future of crypto regulation in the United States. According to Sam Kim, Head of Legal & Compliance at Blockdaemon, significant progress is expected in the US crypto regulatory environment by 2025. Kim also anticipates bipartisan support for the Senate passage of the FIT21 [...]]]></description>
<content:encoded><![CDATA[Blockdaemon, a leading blockchain infrastructure provider, has made bold predictions about the future of crypto regulation in the United States. According to Sam Kim, Head of Legal & Compliance at Blockdaemon, significant progress is expected in the US crypto regulatory environment by 2025. Kim also anticipates bipartisan support for the Senate passage of the FIT21 bill, with eventual signing by the incoming president.
In a recent report released by Blockdaemon, two key regulatory policies are highlighted: the Staff Accounting Bulletin No. 121 (SAB 121) and the 21st Century Financial Innovation and Technology Act (FIT21). While the FIT21 Act has already been passed by the House in May 2024, efforts are now focused on repealing SAB 121. The FIT21 Act aims to establish clear guidelines for digital asset regulation, including defining SEC and CFTC jurisdiction, asset classification, and custody rules for financial institutions.
The impact of the upcoming presidential election on crypto regulations is also a key focus of Blockdaemon’s report. Regardless of whether Donald Trump or Kamala Harris is elected, the report suggests that 2025 will bring greater regulatory clarity for digital assets. However, achieving congressional agreement on a regulatory strategy remains a challenge, with differing opinions among members on the necessity of a regulatory framework.
Blockdaemon’s blog post emphasizes the ongoing efforts to repeal SAB 121, a move that the platform deems necessary for the industry. While President Joe Biden previously vetoed a proposal to repeal SAB 121, congressional efforts in this direction are viewed positively. The report also underscores the role of FIT21 in repealing SAB 121, as it classifies digital assets and outlines regulatory roles and responsibilities, paving the way for financial institutions to safely custody digital assets.
In conclusion, the future of crypto regulation in the US looks promising, with potential advancements on the horizon. By staying informed and engaged with regulatory developments, industry participants can navigate the evolving landscape with confidence.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. Readers are advised to exercise caution and conduct their own research before making any investment decisions. 
]]></content:encoded>
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<title>Will Dogecoin (DOGE) Hit $0.22? Insights from Market Sentiment</title>
<link>https://nextgencoins.io/will-dogecoin-doge-hit-0-22-insights-from-market-sentiment/</link>
<comments>https://nextgencoins.io/will-dogecoin-doge-hit-0-22-insights-from-market-sentiment/#respond</comments>
<dc:creator><![CDATA[admin]]></dc:creator>
<pubDate>Wed, 30 Oct 2024 00:38:33 +0000</pubDate>
<category><![CDATA[Altcoins]]></category>
<category><![CDATA[DOGE]]></category>
<category><![CDATA[Dogecoin]]></category>
<category><![CDATA[Hit]]></category>
<category><![CDATA[Insights]]></category>
<category><![CDATA[market]]></category>
<category><![CDATA[sentiment]]></category>
<guid isPermaLink="false">https://nextgencoins.io/will-dogecoin-doge-hit-0-22-insights-from-market-sentiment/</guid>
<description><![CDATA[Dogecoin (DOGE) has experienced a remarkable price increase of over 70% in October 2024, propelling it to a critical resistance level. This sudden surge has sparked concerns about a potential price correction or consolidation that could temporarily halt DOGE’s upward momentum. Technical analysis indicates that DOGE is currently positioned in a bullish trend, but it [...]]]></description>
<content:encoded><![CDATA[Dogecoin (DOGE) has experienced a remarkable price increase of over 70% in October 2024, propelling it to a critical resistance level. This sudden surge has sparked concerns about a potential price correction or consolidation that could temporarily halt DOGE’s upward momentum.
Technical analysis indicates that DOGE is currently positioned in a bullish trend, but it is facing a formidable resistance level at $0.18. Since March 2024, the meme coin has encountered this resistance multiple times, leading to selling pressure and price reversals. The current scenario suggests that DOGE must surpass this resistance level and close a daily candle above $0.18 to continue its upward trajectory.
If DOGE manages to breach the $0.18 resistance level, there is a strong possibility of a 25% surge towards the $0.22 mark in the near future. However, there is also a chance of a price correction as the meme coin has witnessed a substantial rally without any significant pullback.
On-chain metrics further bolster DOGE’s bullish outlook, with a Long/Short ratio of 1.09 indicating robust positive sentiment in the market. The open interest for DOGE has also surged by 14.1%, signaling increased participation from traders and investors amidst the prevailing bullish sentiment.
The combination of bullish on-chain metrics and technical analysis suggests that bulls are currently in control of DOGE’s price action and could potentially support its upward trajectory. At present, DOGE is trading around $0.174, with a price surge of over 10% in the last 24 hours. The trading volume has also spiked by 29%, indicating growing interest from both investors and traders in the meme coin.
In conclusion, while DOGE faces a crucial resistance level at $0.18, the overall market sentiment remains positive, backed by strong on-chain metrics and technical analysis. Whether DOGE can break through this resistance barrier and continue its upward rally remains to be seen, but the current indicators suggest a favorable outlook for the meme coin in the near future. 
]]></content:encoded>
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<item>
<title>Enterprises Need DePIN More Than DePIN Needs Enterprises</title>
<link>https://nextgencoins.io/enterprises-need-depin-more-than-depin-needs-enterprises/</link>
<comments>https://nextgencoins.io/enterprises-need-depin-more-than-depin-needs-enterprises/#respond</comments>
<dc:creator><![CDATA[admin]]></dc:creator>
<pubDate>Wed, 30 Oct 2024 00:27:08 +0000</pubDate>
<category><![CDATA[Bitcoin]]></category>
<category><![CDATA[DePIN]]></category>
<category><![CDATA[Enterprises]]></category>
<guid isPermaLink="false">https://nextgencoins.io/enterprises-need-depin-more-than-depin-needs-enterprises/</guid>
<description><![CDATA[The Rise of Community-Driven Wireless Networks and Decentralized Storage Helium network, which launched its mainnet in 2020, is a notable early example of a community-driven wireless network that rewarded its citizen-network-suppliers significantly while reducing costs and increasing accessibility for users (in certain geographies anyway). Its Helium Mobile offering, while still augmented by TMobile, continues gaining [...]]]></description>
<content:encoded><![CDATA[<h1>The Rise of Community-Driven Wireless Networks and Decentralized Storage</h1>
Helium network, which launched its mainnet in 2020, is a notable early example of a community-driven wireless network that rewarded its citizen-network-suppliers significantly while reducing costs and increasing accessibility for users (in certain geographies anyway). Its Helium Mobile offering, while still augmented by TMobile, continues gaining traction and was recently cited to have 335,000 subscribers. Many are also familiar with early decentralized storage networks such as Filecoin, Storj, and Arweave, which are becoming more essential to the advancement of AI due to their scalability, cost efficiency, and decentralization.
These innovative networks are revolutionizing the way we think about connectivity and data storage. By leveraging the power of community-driven networks, companies like Helium are able to create a more efficient and cost-effective solution for users. The Helium Mobile offering, in particular, has seen significant growth in recent months, indicating a strong demand for decentralized wireless services.
On the other hand, decentralized storage networks like Filecoin, Storj, and Arweave are providing a secure and scalable solution for storing data. With the rise of AI technologies, the need for efficient and decentralized storage solutions has never been greater. These networks offer a cost-effective alternative to traditional cloud storage providers, making them an attractive option for businesses and individuals alike.
Overall, the rise of community-driven wireless networks and decentralized storage solutions is reshaping the way we interact with technology. By harnessing the power of decentralized networks, we are able to create a more accessible, efficient, and secure digital ecosystem for all users.
]]></content:encoded>
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<title>Ransomware Payments Fall by 40% in 2022</title>
<link>https://nextgencoins.io/ransomware-payments-fall-by-40-in-2022/</link>
<comments>https://nextgencoins.io/ransomware-payments-fall-by-40-in-2022/#respond</comments>
<dc:creator><![CDATA[admin]]></dc:creator>
<pubDate>Tue, 29 Oct 2024 23:29:50 +0000</pubDate>
<category><![CDATA[Security and Privacy]]></category>
<category><![CDATA[Fall]]></category>
<category><![CDATA[payments]]></category>
<category><![CDATA[Ransomware]]></category>
<guid isPermaLink="false">https://nextgencoins.io/ransomware-payments-fall-by-40-in-2022/</guid>
<description><![CDATA[Ransomware payments have seen a significant decline in 2022 compared to the previous years, according to a recent report by Chainalysis. The blockchain analysis firm revealed that ransomware attackers managed to extort $456.8 million from victims in 2022, a notable drop from $765.6 million in 2021 and $765 million in 2020. While the actual figures [...]]]></description>
<content:encoded><![CDATA[Ransomware payments have seen a significant decline in 2022 compared to the previous years, according to a recent report by Chainalysis. The blockchain analysis firm revealed that ransomware attackers managed to extort $456.8 million from victims in 2022, a notable drop from $765.6 million in 2021 and $765 million in 2020.
While the actual figures may be higher due to undetected cryptocurrency addresses controlled by ransomware attackers, the trend of decreasing ransomware payments is evident. Jackie Koven, the head of cyber threat intelligence at Chainalysis, expressed surprise and optimism about this development, stating that the company hopes to see this trend continue in 2023.
One of the primary reasons for this decrease in ransomware payments is the growing reluctance of victim organizations to comply with extortion demands. This shift in behavior can be attributed to various factors, including heightened government pressure and the implications of paying ransomware demands. With many ransomware gangs linked to state actors, such as Conti’s association with the Russian government, organizations are increasingly wary of the risks involved in making payments.
Furthermore, governments have taken steps to discourage ransom payments by issuing advisories and warning organizations about the legal consequences of engaging with cyber actors operating under economic sanctions. The role of cyber insurance has also played a significant role in deterring ransom payments, as insurers are becoming stricter in their coverage policies and demanding improved cybersecurity measures from their clients.
Despite the decrease in ransomware payments, cybercriminals are adapting their tactics to evade law enforcement scrutiny. The report highlighted a surge in unique ransomware strains in operation in 2022, with threat actors frequently rebranding their activities to obfuscate their operations. Additionally, there has been a shift towards exfiltration-based extortion strategies, where data is stolen from victims’ systems without encryption, in an attempt to coerce organizations into paying the ransom.
The report also noted the thriving ransomware-as-a-service (RaaS) model, where developers provide malware to administrators in exchange for a share of the profits. This model allows affiliates to carry out attacks on behalf of multiple ransomware strains, contributing to the persistence of ransomware attacks in 2023.
Overall, the evolving landscape of ransomware attacks underscores the importance of cybersecurity preparedness, stricter insurance policies, and collaborative efforts to combat cyber threats. While ransomware payments have declined, the underground economy fueling these attacks continues to thrive, indicating the need for ongoing vigilance and proactive measures to mitigate cyber risks. 
]]></content:encoded>
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<title>Coinbase CEO Brian Armstrong Says SEC Should Issue Apology to American People – Here’s Why</title>
<link>https://nextgencoins.io/coinbase-ceo-brian-armstrong-says-sec-should-issue-apology-to-american-people-heres-why/</link>
<comments>https://nextgencoins.io/coinbase-ceo-brian-armstrong-says-sec-should-issue-apology-to-american-people-heres-why/#respond</comments>
<dc:creator><![CDATA[admin]]></dc:creator>
<pubDate>Tue, 29 Oct 2024 22:42:57 +0000</pubDate>
<category><![CDATA[Legal and Regulatory]]></category>
<category><![CDATA[American]]></category>
<category><![CDATA[Apology]]></category>
<category><![CDATA[Armstrong]]></category>
<category><![CDATA[Brian]]></category>
<category><![CDATA[CEO]]></category>
<category><![CDATA[Coinbase]]></category>
<category><![CDATA[Heres]]></category>
<category><![CDATA[Issue]]></category>
<category><![CDATA[people]]></category>
<category><![CDATA[SEC]]></category>
<guid isPermaLink="false">https://nextgencoins.io/coinbase-ceo-brian-armstrong-says-sec-should-issue-apology-to-american-people-heres-why/</guid>
<description><![CDATA[Coinbase CEO Brian Armstrong is calling for the U.S. Securities and Exchange Commission (SEC) to issue an apology to all Americans for the damage caused by their approach to regulating digital assets. Armstrong took to social media to express his frustration with the SEC’s handling of the crypto industry, stating that the lack of regulatory [...]]]></description>
<content:encoded><![CDATA[Coinbase CEO Brian Armstrong is calling for the U.S. Securities and Exchange Commission (SEC) to issue an apology to all Americans for the damage caused by their approach to regulating digital assets. Armstrong took to social media to express his frustration with the SEC’s handling of the crypto industry, stating that the lack of regulatory clarity has hindered growth and compliance efforts.
In a bold statement, Armstrong suggested that the next SEC chair should withdraw all frivolous cases and issue a formal apology to the American people. He believes that this action would be a step towards restoring trust in the SEC as an institution, although it may not fully undo the harm already done.
Armstrong shared a chart highlighting alleged conflicting statements made by the SEC, particularly under the leadership of current chair Gary Gensler. The chart showcases discrepancies in the SEC’s stance on digital assets, including whether Bitcoin is considered a security and the clarity of existing laws governing cryptocurrencies.
Critics of the SEC have accused the agency of enforcing regulations without clear guidelines and potentially violating the Administrative Procedure Act. The SEC recently filed a lawsuit against Coinbase, alleging that the exchange conducted unregistered sales of securities.
Despite the regulatory challenges, Armstrong remains focused on expanding Coinbase’s services to become customers’ primary financial accounts. He emphasized the potential for features like wire transfers and bank transfers, positioning Coinbase as a comprehensive financial platform for users.
As the crypto industry continues to navigate regulatory hurdles, Armstrong’s plea for an apology from the SEC underscores the ongoing tensions between regulators and innovators in the digital asset space. The call for greater clarity and cooperation between regulators and industry players remains a crucial step towards fostering a more conducive environment for crypto innovation and adoption. 
]]></content:encoded>
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