Brazilian government opens tender for cryptocurrency trading monitoring contract
PANews reported on June 20 that according to Bitcoin.com, the Brazilian Ministry of Justice and Public Security issued a contract tender notice on June 20, planning to purchase a cryptocurrency tracking software system. The software must support transaction monitoring of at least 12 mainstream blockchains such as Bitcoin and Ethereum, and must be able to expand more blockchains in the future and obtain key data such as IP addresses, geographic locations and wallet addresses. The system will be deployed in 15 state capitals first, and the contract period is 36 months. The Brazilian government has recently stepped up its efforts to combat cryptocurrency crimes, and has launched four large-scale special operations in the past year, involving many cases of money laundering and illegal encryption activities.
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Wormhole token soars following tokenomics overhaul, W reserve launch
Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle. Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more
