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[🔥Maui Emergency Response Fund🔥] The blaze, likely started by a downed power line on Aug. 8, has wiped out more than 160,000 residents on the island. In addition to the "All Together" donation, the governments of Japan and South Korea have each pledged $2 million in aid to support relief efforts Olga Ruggiero, Head of Organizational Integration and Events at All Hands and Hearts said: “Like any other type of donation, cryptocurrency donations help provide needed support in the aftermath of devastating wildfires.” "The cryptocurrency industry continues to unite with communities in need around the world." If you also want to contribute, you can go to X (Twitter): The Giving Block, there will be donation instructions #cryptocurrency##currency circle##news#

According to coinedition, US presidential candidate Ron DeSantis (Ron DeSantis) announced that if he is elected in 2024, he intends to ban the US Central Bank Digital Currency (CBDC) on his first day in office. DeSantis expressed this sentiment in a recent interview with Blaze TV. The presidential candidate noted that the Federal Reserve may issue a digital currency in the wake of economic turmoil. He criticized the Fed's suggestion that CBDC implementation could proceed without consulting the legislative and executive branches, stressing that the move would require the passage of a law. To prevent the implementation of a CBDC, DeSantis highlighted actions taken by the state of Florida, which passed a law invalidating the state’s recognition of a CBDC. He also predicted that other states would follow suit, hampering the Fed’s ability to introduce a CBDC through executive action.

Jinse Finance reported that Carlos Domingo, founder of the blockchain company Securitize, said in an interview that we have this set of licenses and basic technology that can carry out the tokenization process from start to finish. He admitted that tokenization "starts with a regulated premise". The SEC isn’t going to blaze a trail for crypto folks on a completely different path than other companies. While Domingo said Congress could eventually pass the new legislation, he said it was unlikely to happen in the next two to three years. Despite concerns that cryptocurrency companies may start to move some activities offshore, he doesn't think too many companies will leave the country directly. Securitize was founded in 2017 and has raised over $120 million. The company obtained a registered transfer agent license in July 2019 and has a broker-dealer.

Shiba Inu Token destroyed 1.74 billion in a week, what is the current situation? The Shiba Inu community has been insisting on burning SHIB tokens. In one week, it sent a whopping 1,748,403,277 SHIB tokens to the project’s dead wallet. The burning mechanism is part of the process the Shiba uses to maintain the stability of its ecosystem. This is a powerful measure to reclaim the value of SHIB tokens as it removes more tokens from circulation. Shibburn, however, revealed that the rate of Shiba Inu burns this week was down 69.48 percent from the previous week. The previous week’s token burn data showed that 3.98 billion SHIB tokens were sent to dead wallets. This process was accomplished through 19 separate transactions from the community. The 24-hour token burn record was about 11.42 million Shiba Inu coins burned. This represents an 11.21% drop in burn rate over the past day. Additionally, Shibburn highlighted the top three SHIB token burners of the week: Mysterious Wallet, Blaze Token, and SHIB Super Store. Mysterious Wallet is one of the top players in SHIB token burning, burning 11.42 million SHIB tokens in a single transaction. The famous Shiba Inu community-led burn project SHIB Super Store is the next top token burner. It sent about 10.45 million SHIB tokens to the protocol’s dead wallet in a single transaction on May 8. Blaze Token played the highest contributing role, with the highest number of SHIB tokens burnt this week. The new token burned over 1.69 million SHIB tokens in a single transaction on May 8. The Shiba Inu community has been removing a large amount of SHIB tokens from circulation through a burn process. But the value of SHIB has yet to recover significantly. The entire cryptocurrency market has been battling the impact of bears pushing most asset prices into bearish territory. (Data source: Mike D.)