Official encrypted remittance amount in El Salvador is less than 1% of the total remittance amount

According to Foresight News, Nexus, a company dedicated to achieving verifiable computation through cryptography and zero knowledge proofs, has announced in a tweet that it has sent 10000 reward points to Testnet III's first week contributors, which users can claim on the Nexus OS dashboard.

According to the Financial Times, PayPal co-founder Peter Thiel and other tech billionaires plan to establish a bank called Erebor, focusing on serving startups in the fields of cryptocurrency, artificial intelligence, manufacturing, and defense technology. Erebor has applied for a national banking license from the Office of the Superintendent of the Currency in the United States. The bank aims to fill the market gap left by the collapse of Silicon Valley Bank (SVB). It is reported that SVB has provided services to cryptocurrency companies including BlockFi, Circle, and Avalanche, as well as other venture backed startups, but went bankrupt in 2023 due to financial investment mistakes. Erebor was led by Palmer Luckey, co-founder of defense technology company Anduril, and supported by Founder Fund founded by Joe Lonsdale and Thiel, co founders of Palantir. The two co CEOs are Owen Rapaport, co-founder of software company Argus, and Jacob Hirshman, former Circle consultant. Erebor plans to include stablecoins in its balance sheet, but the specific currency has not yet been identified.

Odaily Daily News - Even Herd CEO Sam Juruns stated in an article on X platform that if Robinhood successfully launches a stock token, it will actually eliminate 90% of financial intermediaries, especially Robinhood's proposal to "tokenize everything for free" to accelerate this process. However, Eric Balchunas, a senior ETF analyst at Bloomberg, questioned Robinhood's promotional rhetoric, stating that although Robinhood's stock price has risen 338% in the past 12 months, if investments can already get everything for free through ETFs (investing in regulated large investment vehicles), there is actually no need to switch to Robinhood (24-hour trading or instant settlement is not an advantage because 99.9% of investors don't care about these).

On this day in 2018, the luxury goods market Fancy website officially accepted BTC and BCH payments.

According to Foresight News, a whale address that has held ETH for 8 years transferred 4123 ETH (approximately $10.51 million) to Gemini 9 hours ago. The address had previously hoarded 21662 ETH through Gemini and Kraken in 2017, with an average price of approximately $569, and began gradually transferring its ETH holdings from 2024 onwards.