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About ALYATTES

ALYATTES (ALYA) is a distinctive cryptocurrency project that seeks to address a variety of challenges in the cryptocurrency sector. It is not a standalone platform but a unified project built on six major platforms, each supporting the other. The project aims to cater to a broad user base, facilitating transactions for users, helping them understand the crypto market, and enabling them to interact with blockchain technologies. One of the key features of ALYATTES is its social responsibility project, which is automatically financed through transfer fees deducted from users. This project seeks to provide aid to children all over the world, positioning ALYATTES as a tool with potential for social impact.

ALYATTES operates through a unique mining consensus that combines Proof of Stake (PoS) and Proof of Active (PoA). This approach allows anyone in the world to initiate ALYA Mining with an average PC, without the need for extra power usage, energy expenditure, or hardware power. The ALYA Smart Contract deducts a 5% fee from each transfer, which is then distributed in a specific way: 2% is automatically distributed to ALYA holders, 2% is sent to a burning wallet to reduce the amount of ALYA in circulation, and 1% is sent to the ALYA Care wallet to be used for social aid projects. This system aims to ensure a balance of supply and demand, rewards long-term holders, and supports social causes.

ALYATTES is designed to be versatile with several potential use cases. It can be used as a standard cryptocurrency for transactions and as a potential use case due to its unique mining consensus. The ALYA token can also be used within the ALYATTES ecosystem, which includes platforms for trading signals, entertainment, and social aid projects. One of the unique features of ALYATTES is its unlimited alphanumerical memo transfers, which can simplify the integration of crypto into e-commerce by allowing companies to use just one wallet (Main Wallet) and check who is transferring funds into this wallet automatically via BSCScan. This feature could potentially open the door to many innovations in the future.

The ALYATTES project was initiated in the first quarter of 2021, with the planning phase and the creation of the ALYA team. The second quarter saw technical investigation and programming of ALYA codes, followed by various controls and tests. The third quarter involved web design and technical infrastructure development, and the deployment of ALYA codes. The fourth quarter saw the auditing of ALYA codes and the structuring of the presale. The project has since moved into the operational phase, with the listing on a decentralized exchange and the initiation of the unique mining consensus in the first quarter of 2022. The ALYA team is continuously updating the roadmap and is in the process of further developing and expanding the ALYATTES ecosystem.

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Canada News about ALYATTES

The Block • May 01, 24

Crypto forensics firm Elliptic using advances in AI to detect bitcoin money laundering

The analytics firm said it has made new advances in using artificial intelligence to detect money laundering with bitcoin.

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BeInCrypto • May 01, 24

Chainlink to Launch Financial Information eXchange (FIX) Blockchain Adapter

Chainlink and Rapid Addition are innovating in institutional trading by developing a blockchain adapter that enhances digital asset transactions.The post Chainlink to Launch Financial Information eXchange (FIX) Blockchain Adapter appeared first on BeInCrypto.

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Bitcoin Magazine • May 01, 24

Bitwise First To Join New Spot Bitcoin ETF Transparency Dashboard By Hoseki

Hoseki invites other Bitcoin ETF issuers to join Bitwise in providing transparency to the public.

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Blockworks • May 01, 24

Anchorage, Arca Labs link up in bid to advance tokenization adoption

The tokenization of real-world assets is set to continue as a “defining trend” for institutional crypto in 2024, Anchorage Digital CEO says

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CoinDesk • May 01, 24

Blockchain Sleuth Elliptic Explores AI and Anti-Money Laundering Using 200M Bitcoin Transactions

Patterns of illicit activity involving groups of bitcoin nodes and chains of transactions are described in a research paper by Elliptic and MIT-IBM Watson AI Lab.

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The Block • May 01, 24

Tether sees record net profit of over $4.5 billion in first quarter of 2024

Besides record profit, Tether highlighted its large Treasury bill holdings, disclosed a $11.37 billion net equity, and detailed investments in sectors like AI and renewable energy.

Read more

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ALYATTES is on the rise this week.

The price of ALYATTES has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. ALYATTES’s price has also risen by 100.00% in the past week.

FAQ

What is the current price of ALYATTES?

We update our ALYATTES to CAD currency in real-time. Get the live price of ALYATTES on Coinbase.

What other assets are similar to ALYATTES?

Assets that have a similar market cap to ALYATTES include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.

Can I buy ALYATTES on Coinbase?

Yes, ALYATTES is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy ALYATTES guide.