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Stablecoins, Not Bitcoin, Extend US Dollar Hegemony, Chinese Economist Warns

A Chinese economist, Zhang Ming, argues that U.S. dollar-pegged stablecoins, not Bitcoin or Ethereum, are strengthening the U.S. dollar’s global dominance. Dollar-Pegged Stablecoins Bolstering Dollar’s Global Role According to Zhang…

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Immutable X and zkEVM NFT Sales Surge 55% in Q4 2024, But Market Participation Declines

In the fourth quarter of 2024, the total NFT sales volume across Immutable X and Immutable zkEVM increased by 55.3% quarter-over-quarter. Messari’s latest analysis revealed that the figure rose from…

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OFAC Unshackles Tornado Cash—But Security Hawks Warn: Frontend Remains a Minefield

In a notable regulatory pivot, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has rescinded sanctions targeting Tornado Cash, an Ethereum-powered service for algorithmic mixing of digital assets,…

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