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      "permlink": "tron-surges-to-10th-market-capitalization-position-above-ada",
      "title": "Tron Surges to 10th Market Capitalization Position Above ADA",
      "body": "![0.webp](https://cdn.steemitimages.com/DQmRSnS4s61tY8azZTXyAMkBw79CFRjvVgMApRCqm8dr4UC/0.webp)\n\n\nCardano (ADA) has lost its top 10 market capitalization position to Tron by Justin Sun.\n\nAccording to CoinMarketCap, Cardano (ADA) has just slipped from the list of the top 10 cryptocurrencies by market capitalization following a roughly 3% stumble in the last seven days. Going down further in the rankings of cryptocurrencies from the third position in the 2021 bull cycle, Cardano is now behind Tron (TRX) and falls in the 11th position. TRX has a market cap of $12.7 billion, with ADA lagging at $12.3 billion.\n\nThis is not the first time Cardano has been out of the top 10. Back in May, ADA fell behind Toncoin as TON surged by 30% within two weeks.\n\nCardano was not alone in this, as most coins were trading below critical support areas in the wider crypto market.\n\nIt is worth noting that Cardano also earned the nickname of being a \"ghost network\" since only 23,807 active addresses compared to Ethereum's at 350,000 and Tron's at 1.9 million, data from DefiLlama showed. The total value locked in the Cardano network amounts to $178.07 million and implies less than 1% of the DeFi market share at 29th, with Ethereum, Solana, and Tron taking the top three places.\n\nWhile TRX indeed has more network activity than ADA, some of its recent spike in value must be credited to Tron CEO Justin Sun. He has just begun shilling memecoins on the network, two of which boasts a market cap of tens of millions of dollars, and, of course, have also enhanced the sealing of TRX.",
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      "title": "Curve Seeks Community Funding for Operations",
      "body": "Curve has posted a proposal in its community to raise $6.3 million for its long-term operations.\n\nCurve Finance, one of the larger DEX platforms operating within the DeFi space, published a new proposal on its community forum in the evening of August 19th, calling for extra funding to support its continuous operation.\n\nIn the proposal, it is written that Swiss Stake, the legal entity behind Curve Finance, spent the allocated tokens fully since the launch of the project in August 2020. Now, to further develop software and find new developers for the project, the company needs additional resources in order to provide for Curve's long-term running.\n\nThe Swiss Stake, in particular, is requesting 21 million CRV tokens from the community fund, holding a total of 47.5 million CRV, or roughly $6.3 million. This will be transferred to the wallet of the project and be vested linearly over the course of one year.\n\nSwiss Stake has committed to using the funds raised for Curve ecosystem maintenance, expansion, and development while providing bi-annual reports. The company also clarified that the received CRV tokens may be staked and assured that funds would not be misused.\n\nThe proposal is currently at the discussion stage within the community and will soon move into the voting process.\n\nCommunity reception to the proposal has generally been negative. While Swiss Stake is recognized as having played a critical role in the development of Curve Finance—not only in the past but currently—many are, quite understandably, dissatisfied about the request by the company for half of the remaining funds from the treasury of the community without an obvious development roadmap. The concerns aired were on the company's ability to establish a stable revenue stream to avoid further funding requests in the future.\n\nCurve Finance TVL\nNotwithstanding the tumultuous events, Curve's Total Value Locked has held up so well. At present, the DeFi protocol holds a TVL of over $2 billion.\n\n\n![0.jpeg](https://cdn.steemitimages.com/DQmcQPbTyMtibusFqcjB5hTJMCGfrX4k65nHfU7WbRD7XJD/0.jpeg)",
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      "title": "Philosophical Foundations of Bitcoin",
      "body": "![Z1r761723718651_3093302.png](https://cdn.steemitimages.com/DQmQjsGZHRPzcE8qqbSKp5saz2BB1cDdy72gHmKsz1tTByF/Z1r761723718651_3093302.png)\n\n\nPhilosophical ideas behind Bitcoin\n\nAnother paramount principle of Bitcoin's philosophical underpinning is decentralization, which explains the rebellion against the tradition in conventional financial systems[1]. In building a payment system based on distribution, Bitcoin democratizes financial transactions. Inherent in this decentralization is also the easy mitigation of many of the risks related to centralized control, which include the ones leading to censorship and arbitrary decision-making. This is something that fosters empowerment since holders of financial assets gain more control over their assets, thereby achieving a sense of autonomy that the conventional banking system fails to provide for them. Decentralization, being a property of Bitcoin, aligns it with the movements towards greater privacy and freedom all over the world. In environments where the whole world leans toward more privacy and freedom, decentralization, as a characteristic applied to Bitcoin, seems to fit the greater movement that is for these two principles better. Influence majorly on adoption and usability in the cryptographic framework of Bitcoin is clearly seen. TR. Unlike traditional financial systems where one has to trust the faithful operations of a central authority, Bitcoin subscribes to the idea of a trustless model with a base of cryptography and blockchain technology at the helm, ensuring secure transactions without a middleman[5]. However, it is anchored on trust with transparency, giving a way for the users to trust, since they could readily view the transaction recording on the blockchain on their own[6]. The basic fundamental that drives the involvement of investors and users of Bitcoin is the general belief in the integrity of the system, believed to be much safe and reliable over fiat currencies and even any centralizing payment systems[7].\n\nAnother core philosophical principle under Bitcoin's support is the influence of individual sovereignty and financial freedom[8]. Being neither under the influence of a government nor having a trace or reserve—Bitcoin provides borderless and decentralized currency enabling an individual to keep their own wealth under their control without governmental interference and inflationary pressures of the traditional fiat currency[1]. This very empowerment would resonate with an individual seeking autonomy in their financial affairs, as it allows them to transact with no limitations geographically. Moreover, the concept of individual sovereignty represents a larger culture that is newly adopting values of freedom and independence, making Bitcoin important far beyond a financial space invention, rather as a proclamation regarding money and personal agency into the future[9].\n\nBenefits And Limitations\n\nBenefits: \n1. **Decentralization**: Being a peer to peer money transaction system, one can carry out the transaction without any mediation or an intermediary, thereby reducing the level of dependency on the traditional banking system and government institutions. This hands back financial power to the individual. \n2. **Security and Transparency**: The underlying Bitcoin blockchain technology provides an inarguably secure and transparent ledger of transactions, useful in avertance of fraud and building trust among users. \n3. **Financial Inclusion**: Bitcoin helps in bringing financial services, including that for the unbanked and people in developing regions, into the mainstream global economy. \n4. **Inflation Resistance**: A system purposely set up to keep Bitcoin supplies capped, hastens it into the atmosphere of deflation, which might also possibly offer users some level of resistance against the inflative nature that plagues fiat currencies.\n\nDemerits: \n1. **Volatility**: The value of Bitcoin is notoriously volatile; this in itself can discourage people and companies from using it in everyday transactions and dealings as it were, done in a more stable store of value and means of exchange. \n2. **Technical Complexity**: The average human has to learn a lot of new things about using Bitcoin, purse management, and private keys—very frightening, especially for a novice, making a bad entrance barrier. \n3. **Regulatory Uncertainty**: The ever-changing regulatory framework for cryptocurrencies might continue to remain a point of uncertainty for users and investors, which could deter the potential long-term viability of Bitcoin. \n4. **Environmental Concerns**: Bitcoin mining by its very nature is energy-intensive, with its sustainability and environmental impacts being questioned.\n\nSolution \n1: **Education and Resources**: Avail in-depth educative materials alongside user-friendly resources, helping to demystify Bitcoin and make it accessible and understandable for new users. Solution \n2: **Stablecoins**: For those worried about volatility, look to stablecoins—cryptocurrencies, which are pegged to stable assets, as a more stable way to access the benefits of blockchain. \nRegulatory Advocacy It is, therefore, important to interact with regulators and advocate for clear policy guidelines that will, in turn, stabilize the environment for Bitcoin as it reassures its stakeholders about the legitimacy of the systems. \nSustainability in Mining One can further support the springing of mining for Bitcoins with renewable forms of energy that will green the process and scale the network.\n\nThe main philosophy behind Bitcoin is full of powerful uses and notable limitations. Some of its powerful advantages are in decentralization and possible inclusion within the realm of finance, giving users control and access to the financial system. However, it presents a few important limitations such as volatility, high technical complexity, and enormous environmental impacts that negatively influence its adoption. These limitations can be addressed by stakeholders through education, regulatory clarity, and sustainable practices in order to enable people to make more informed choices about engaging with Bitcoin.\n\nIt means that the very foundational principles of philosophy under which Bitcoin operates are tied to decentralization, trust, transparency, individual freedom, and financial liberty. These are the core values that have basically attributed to determining Bitcoin's design, salability, and revolutionary adoption as an emerging unit of currency, further signifying an alternative fight against centralized financial systems. In decentralization, the very essence of removing all middlemen is clearly given to the individual, while cryptography ensures trust and transparency in transactions. In addition, Bitcoin supports personal sovereignty because it guarantees that a person has absolute control over their financial assets, and it supports financial emancipation by offering a borderless, censorship-resistant form of money. More generally, Bitcoin's philosophical motivations don't simply shape technical design but mirror a larger reconsideration of the nature of money and finance in a more democratic and just light.",
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      "body": "![0.jpg](https://cdn.steemitimages.com/DQmWESYSGDyc7ELEbD3NG98J8jZns362uoU1hNTTYZd7skf/0.jpg)\n\n\nThe Saudi Pro League are set to move for Mohamed Salah or Kevin De Bruyne this summer, if the opportunity opens.\n\nCrystal Palace are willing to pay a premium for Chelsea's teenage midfielder Carney Chukwuemeka.\n\nSaudi Arabian side Al-Ahli are reportedly keen on a shock move for Brentford forward Ivan Toney.\n\nAs of now, there remains no offer of a new contract on the table for Virgil van Dijk, who is about to enter the final season of his current deal at Liverpool.\n\nIpswich are haggling over a deal for Blackburn striker Sammie Szmodics—with the teams just £500,000 apart on a fee.\n\nYves Bissouma filmed himself inhaling deadly laughing gas just days before the new season kicks off.\n\nRaphael Varane hobbled off injured just 20 minutes into his Como debut.\n\nEiffel Tower has been evacuated after a shirtless British man was spotted climbing it just hours before the Olympics closing ceremony.\n\nEverton are reportedly facing the prospect of starting the Premier League season with another points deduction.\n\nThe US Olympic & Paralympic Committee (USOPC) challenges the decision of the Olympic chiefs to cancel Jordan Chiles' bronze medal, taking the floor podium in Paris.\n\nPER SPORT: Manchester United have agreed an exit settlement with Aaron Wan Bissaka on Sunday night in a deal paving the way for a £15million switch to West Ham.\n\nAtletico Madrid and Chelsea have opened talks over a deal involving Joao Felix after Sami Omorodion's move to Stamford Bridge hit the buffers on Sunday night.\n\nEderson thanks Pep Guardiola for his influence in making him decide to stay at Manchester City this season.\n\nJimmy Thelin has insisted no deal has been done - despite Bojan Miovski having looked to say his Aberdeen goodbyes.\n\nVaclav Cerny insists he's ready to start Rangers' crucial Champions League crunch with Dynamo Kyiv.\n\nNeil Lennon is adamant that he will not stand down as manager of Rapid Bucharest and says he is in it for the long haul.\n\nJose Mourinho did not waste any time at Fenerbahce — booked after less than 20 minutes in his opening league game.\n\nSteven Fletcher claims playing in front of co-owners Ryan Reynolds and Rob McElhenney is a \"big lift\" for the players at Wrexham.\n\nFulham have submitted a £20m bid to Crystal Palace for defender Joachim Andersen.\n\nMidfielder Sergi Roberto is to leave Barcelona, ending an association started in 2004.\n\nMikel Arteta confirmed that Takehiro Tomiyasu will be out for several more weeks in recovering from a knee injury, an absence that has spanned most of pre-season.\n\nVirgil van Dijk believes his Liverpool team should dip into the transfer market before the end of this month's deadline and thinks the Reds will do business.\n\nChelsea centre-back Caleb Wiley has joined Strasbourg on loan for the rest of the campaign.\n\nNewcastle want to sign Nikita Parris, the Manchester United Women front player, for England.\n\nLeicester City make a £23.2 bid for Panathinaikos striker Fotis Ioannidis as they continue talks with Galatasaray over a potential deal for Wilfried Zaha.",
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      "body": "![0.jpg](https://cdn.steemitimages.com/DQmQhTNkEHUmHQJLHqU2zBZG9PR1osWoWwEid6v3Gt6Phc7/0.jpg)\n\n\nSheffield Wednesday have warned it will ban supporters who don a replica football shirt from their ground.\n\nAtalanta has renewed its interest in Matt O'Riley for the second time around by bidding for the Celtic star, but an accord between them remains far from reaching an agreement.\n\nChelsea may face the beginning of the new Premier League campaign without a shirt sponsor for the second time in succession.\n\nBombshell ruling from the Court of Arbitration of Sport takes away Olympic bronze medal Jordan Chiles won in the women's floor final.\n\nSheffield United is set to make an ambitious loan move for Alex Oxlade-Chamberlain from Turkish side Besiktas.\n\nTrevoh Chalobah has been banned from using Chelsea's first-team facilities as he closes in on an emotional exit.\n\nEmma Hayes paid tribute to her late father following the United States' 1-0 victory over Brazil to win their first Olympic title since 2012.\n\nBarcelona defender Julian Araujo is closing in on a move to Bournemouth.\n\nLeicester are working on a deal to sign winger Wilfried Zaha from Galatasaray on a season-long loan.\n\nArsenal are ready to sanction Eddie Nketiah's departure to Marseille on loan with an obligation to buy for a fee in the region of €30m (£25.7m).\n\nChelsea defender Reece James has received a setback ahead of the new season following a new hamstring injury.\n\nNew Manchester United chief executive Omar Berrada has scrubbed his entire X account in an apparent bid to prove that he doesn't have any allegiance to arch-rivals Manchester City.\n\nLiverpool are still haggling with Real Sociedad over the signing of Martin Zubimendi, but they are keen to finalize the deal.\n\nManchester United will pay off a seven-figure sum to Aaron Wan-Bissaka so as to confirm his transfer to West Ham.",
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      "body": "The Community Shield Showdown in Manchester\n\n![0.png](https://cdn.steemitimages.com/DQmZKvXUXNScpL8QZtygS22NRaXkBjd1NsTa3HKSVMWt4mK/0.png)\n\nThe Community Shield is not just a game; it's the fight for pride and glory, hand in hand. Since time in memory, this event has further epitomized the epic showdown between Premier League champions and FA Cup winners. A gathering of fans awaits its team's quest for an early-season glory in Manchester. But what makes this battle so exciting? Let's hop in.\n\nThe Teams: Giants of English Football\n\nTwo of the world's largest clubs were spawned from Manchester's football scene: Manchester United and Manchester City. Each team brings along rich histories of victory and heartbreak, zealous fan bases.\n\nManchester United: Known for their legendary status, it would be hard to find a history that equaled the Red Devils'. With legendary players and unforgettable moments, they ruled the landscapes of English football for decades.\n\nManchester City: The rise of City in recent times has been nothing short of phenomenal. With a roster jampacked with world-class talent and tactical class to boot, they are very much the team everybody loves to hate—unless, of course, you happen to be a City fan.\n\nWhat Is the Community Shield?\n\nThe Community Shield is not some friendly pre-season friendly; it is actually a trophy! To win sets the tone for the season. It's that first sip of coffee in the morning—refreshing and full of promise.\n\nThis game often brings out tactical approaches, parades new signings, and gives fans a feel for the coming season. A victory in the Shield gets teams off on a run and boosts their confidence going forward into the competitive season.\n\nA History of Rivalry\n\nSuch was the rivalry between Manchester United and Manchester City. It's as if two heavyweight boxers, who over the years, engaged each other many times in a battle that progressively got stronger. The two giants have turned the Community Shield into a field of battle with moments that just will not be forgotten by the fans.\n\nFrom last-minute dramatic goals to nail-biting penalties, each battle adds another layer to their fierce competition. Who can forget the minutes of action when the match swings in favor of one team or the other? It's these moments that make the Community Shield a must-watch event.\n\nStar Players to Watch\n\nManchester United Star Players\n\n1. Alejandro Garnacho\n2. Bruno Fernandes\n3. Casemiro\n4. Andre Onana\n5. Rasmus Hojlund \n\nManchester City Star Players\n\n1. Erling Haaland\n2. Kevin De Bruyne\n3. Rodri\n4. Doku\n5. Ruben Dias \n\nThe Atmosphere: Electric and Unforgettable\n\nNow, discuss the atmosphere. If you ever had a chance to attend a Manchester derby, then you definitely felt it - the air is electric. With the crowd in team colours, hoarse voices from the chanting, waving of flags, comes a high sea of passion. The Community Shield amplifies that to a whole other level.\n\nEvery chant, every cheer, and every gasp fuels this energy onto the pitch. The players play off of that. It is like a symphony where every note has to count, and when that whistle blows at the end, the exhilaration transforms into celebration—or heartbreak.\n\nConclusion: A Battle Worth Watching\n\nThe Community Shield is not just any other game; it is the opening chapter of drama, action, and rivalry in English football. From die-hard to casual viewers, this battle in Manchester certainly has some unforgettable moments and fierce competition waiting.\n\nWell, as these teams get ready to meet each other, allow yourself this question: which side of Manchester will take the glory this year? The anticipation is half the fun, and here's one thing for sure: this is a face-off which you wouldn't want to miss.\n\nManchester City Should Win!",
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      "body": "![0001.webp](https://cdn.steemitimages.com/DQmcAcZEpANF7zTDVcKVUataiMNEskaGfN2UjFq5H629X7M/0001.webp)\n\nChelsea are set to start a second successive Premier League season without a shirt sponsor.\n\nManchester United are plotting a fresh bid for Jarrad Branthwaite - after learning their new signing Leny Yoro is unlikely to play again this year.\n\nItalian giants Juventus are plotting a move for Liverpool goalkeeper Caoimhin Kelleher.\n\nBrendan Rodgers does not want to sell Matt O'Riley but conceded Celtic may stand in the way should his valuation be met this summer.\n\nMarseille are attempting to hijack Leeds' bid to sign Norwich attacker Jonathan Rowe with the Canaries slapping a £15m price tag on the striker.\n\nOne of the most famous British architects in recent history, Sir Norman Foster, could be tasked with designing a new Old Trafford and transforming the surrounding area.\n\nOleksandr Usyk has welcomed a trilogy with Anthony Joshua, claiming he would be more than happy to face the Brit for a third time after 'beating Tyson Fury' in their December rematch.\n\nOrganizers of the 2024 Olympics have promised to replace rusty medals given to athletes after Team USA skateboarder Nyjah Huston revealed the state of his bronze piece—a week since winning it in Paris.\n\nLiverpool will benefit from the £65m deal that will take Dominic Solanke to Tottenham because they are due a 20 per cent cut of any profit Bournemouth make from the sale.\n\nTammy Abraham is going to be one of a raft of names in the frame for Bournemouth as they seek to replace Tottenham-bound Dominic Solanke.\n\nManchester United will have to cough up £30million if they are to fend off interest from a host of other Premier League sides and take Norway midfielder Sander Berge away from Burnley.\n\nMatias Soule has revealed how the intervention of Roma boss Daniele De Rossi led to him turning his back on Leicester.\n\nManchester United could be about to pip Arsenal to the signing of Fenerbahce defender Ferdi Kadioglu after holding talks with his representatives.\n\nLiverpool are in a transfer tug-of-war for midfielder Martin Zubimendi with Real Sociedad, who are pulling out all the stops in their bid to persuade the Spain international to stay put.\n\nLeicester City are working on signing Wilfried Zaha from Galatasaray as the 31 year-old is available on a season-long loan.\n\nThe Foxes have also looked at a loan deal for Atalanta striker Bilal Toure to add some attacking options for Steve Cooper before the start of their return to the Premier League.\n\nBournemouth are closing in on an ambitious move for Barcelona full-back Julian Araujo to bolster their squad for Andoni Iraola ahead of the Premier League season.\n\nLiverpool could still snatch two new forwards this summer as well as the £51m capture of Martin Zubimendi.\n\nManchester United plan to add at least three more signings before the summer transfer deadline.\n\nIt has emerged that Enzo Dallaglio, son of England's Rugby World Cup winner Lawrence, played a vital role in the naming rights deal under which Twickenham will be renamed as the Allianz Stadium next month.\n\nAmerican billionaire John Textor bidding to become majority owner of Everton – and it could end up saga surrounding sale of Premier League club.\n\nPolish official Bartosz Frankowski apologises and begs for forgiveness for his arrest shame before Rangers' Champions League showdown with Dynamo Kyiv and explains why he and a VAR sidekick stole a road sign.\n\nQueens Park Rangers have agreed a deal to sign Brest's former Celtic winger Karamoko Dembele.\n\nTodd Cantwell met with a high-powered delegation from Turkish outfit Trabzonspor to discuss a transfer move away from Rangers.",
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