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Notcoin Token Launch: Key Details and Insights

Notcoin's Token Launch: A Game Changer for Players As the world of cryptocurrency continues to evolve, Notcoin is poised to make significant waves with its imminent launch on The Open Network (TON). Scheduled for April 20, the same day as the Bitcoin halving, this event is not just another token release; it represents a transformative moment for the millions of players engaged in the viral Telegram-based game. Key Details of the Token Conversion Process The Notcoin team has made clear the mechanics behind the conversion of in-game coins to on-chain tokens, a process that could have been fraught with complications given the astronomical figures involved. By moving the decimal point three places to the left, they simplify the transition from trillions of in-game coins to manageable amounts of Notcoin (NOT) tokens. Conversion Rate Breakdown Here’s how the conversion works: 1,000 in-game coins = 1 Notcoin (NOT) 10 million in-game coins = 10,000 Notcoins (NOT) 532,487 i...

Plummeting Institutional Crypto Trading Volume in North America: The Impact of U.S. Bank Failures

Institutional crypto trading volume in North America experienced a significant decline following a series of high-profile U.S. bank failures in March. These failures, which included banks such as Silicon Valley Bank, Signature Bank, and Silvergate, had a profound impact on the crypto industry, particularly in terms of accessing US dollar liquidity. As a result, crypto businesses were forced to seek banking support offshore, leading to a contraction in crypto activity in the region. One notable consequence of this shift was the loss of presence for stablecoins in North America, with the region's share of crypto volume occupied by stablecoins dropping from 70.3% to 48.8% between February and June. This decline in institutional crypto trading volume highlights the challenges faced by the industry in the wake of banking failures, and raises questions about the future of stablecoins in North America.

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