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About MIR

Today, as in the past, financial transactions in the banking system face enormous difficulties, including systemic segmentation and isolation, high transfer fees, and the unavailability of liquidity in certain amounts and among banks. Even more so now, since Covid-19, it has become increasingly common to use digital transaction methods. Thus, the most digitalized banks are more and more solicited and efficient with three details: Transactions from one bank to another take a lot of time, they are costly and sometimes when they drag on, it is almost impossible to track the level of evolution of the transaction, both for the Sender and the Reciever. All this is even worse when it comes to Africa.One of the main difficulties, which central banks will face when they finally decide to start using it, is the progressive weighting of Blockchain over time. Indeed, it turns out that the more Blockchains are solicited, the heavier they become over time. This is the case of the Bitcoin blockchain, whose speed of issuance has been considerably reduced over the past ten years. Not to mention its mining costs, which have become increasingly insignificant, for increasingly complex algorithms. Also other Blockchain models have emerged, offering a total mining, but suffering quite quickly the same problem of weighting in the medium term. All this does not serve the banking sector any more at the moment when it decides to tackle it.MIR is a Token to fund the future of Blockchain, an optimization model of two types: Blockchains that will be able to carry billions of transactions per day without the constraint of reduced performance, thanks to new types of servers already in development.Algorithms that reverse the weighting of Blockchain, thanks to new types of encodings and language of micro compression of information on Blockchain.All the results of this work will be primarily dedicated to the banking sector and made available to them in open source. Then, they will be able to be used by Blockchain operators worldwide, while revolutionizing what today seems to be a global innovation, the Blockchain itself. Thus the two solutions, new types of powerful servers combined with the new micro-compression language, will give us access to a Blockchain 100 times more powerful than anything we know today. This will give Africa via Russia a stroke of genius on the world, in a partnership that will make them the first users with closed ears. Blockchain solves the three primary problems of the banking sector, namely the slowness of operations, progressive and instantaneous nontraceability, and very expensive transfer fees. However, the Blockchain itself has another problem, is that the more users there are, the heavier it gets.Two solutions are possible: Create a new language for microcompression of information on the Blockchain to reverse the weighting process.Develop server solutions 100 times more powerful than those available and at average market costs.MIR will finance this work and make available to the banking system the first models of a supreme open source Blockchain, via R3, Corda and Ripple..Blockchain solves the three primary problems of the banking sector, namely the slowness of operations, progressive and instantaneous nontraceability, and very expensive transfer fees. However, the Blockchain itself has another problem, is that the more users there are, the heavier it gets.

MIR Token (MIR) is a cryptocurrency launched in 2023. MIR has a current supply of 10.00Bn with 0 in circulation. The last known price of MIR is 0.000438743584 USD and is 0.000027102387 over the last 24 hours. It is currently trading on active market(s) with $14,031.11 traded over the last 24 hours. More information can be found at https://mir-token.com/.

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MIR Price Statistics
MIR’s Price Today
24h Price Change
+$0.0000271023876.58%
24h Volume
$14,031.112.11%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#5259
MIR Market Cap
Market Cap
$0
Fully Diluted Market Cap
$4.39M
MIR Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
MIR Supply
Circulating Supply
0
Total Supply
10.00Bn
Max Supply
10.00Bn
Updated Apr 13, 2024 4:56 am
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MIR
MIR Token
$0.000438743584
$0.000027102387(+6.58%)
Mkt Cap $0
There's nothing here for now
The U.S. SEC asks the court to use the Terra case ruling in its lawsuit against Binance
The U.S. SEC asks the court to use the Terra case ruling in its lawsuit against Binance
The U.S. SEC submitted a supplementary basis notice to the court on January 3. The SEC asked the court to consider the ruling in SEC v. Terraform Labs in its lawsuit against defendants including Binance, Binance.US, and CZ because similar arguments exist in those cases. "This view is closely relevant to the court's consideration of defendants BAM Trading Inc and BAM Management US Holdings Inc's motion to dismiss," the SEC said in its filing. In addition, the SEC claimed that if it draws on the findings of the Terra case, the court should deny the above defendants. Seeking a motion to dismiss the lawsuit. The SEC said in the filing that the court defined “investment contract” in the Terra case to reject the defendants’ efforts to “throw aside decades of established law” and that an investment contract does not mean a contract, transaction or plan. In addition, the court also applied the "Howey test" to determine that UST, LUNA, wLUNA and MIR were investment contracts and therefore securities. The SEC said the ruling was related to Binance-related stablecoin BUSD, staking services, BNB Vault and Simple Earn programs. (CoinGape) Previously, in December 2023, Judge Jed Rakoff of the U.S. District Court for the Southern District of New York ruled in a summary judgment that Terraform Labs violated federal securities laws when selling its cryptocurrency to the public because it illegally sold unregistered cryptocurrency securities LUNA and MIR. Summary judgment could impact eventual trial over Terraform Securities violations. At the same time, the judge prevented two other defense witnesses from appearing, one of whom was to testify about the activities of Terraform’s custodial wallet, and the other who was to outline Terraform’s cryptoeconomic system to the jury.
Jan 04, 2024 4:12 pm
Judge Rules in Favor of SEC in Terraform Labs Case, Asserts LUNA and MIR Tokens as Unregistered Securities
Judge Rules in Favor of SEC in Terraform Labs Case, Asserts LUNA and MIR Tokens as Unregistered Securities
According to Blockworks, Judge Jed Rakoff, who is overseeing the US Securities and Exchange Commission's (SEC) case against Terraform Labs and former CEO Do Kwon, has granted a summary judgment in favor of the regulatory agency. The judgment states that both Kwon and Terraform offered and sold unregistered securities, focusing on LUNA and MIR tokens. The SEC argued that the defendants engaged in fraudulent schemes to mislead investors and conducted transactions in unregistered security-based swaps. Rakoff wrote that there is no genuine dispute that UST, LUNA, wLUNA, and MIR are securities because they are investment contracts. He further ruled that Howey's definition of an investment contract is a binding statement of the law. Rakoff found that UST, wLUNA, and the aforementioned LUNA and MIR are investment contracts under the Howey test. The trial will now focus on the fraud claims that the SEC brought against Terraform and Kwon. The SEC filed its charges in February. Rakoff said that Kwon's repeated statements led investors to believe that they could make a profit due to the efforts of Terraform to develop its blockchain. The SEC had asked for the judge to grant a judgment on the securities claims to prevent them from being decided by a jury when the case ultimately proceeds to the courtroom. The filing confirms that jury selection is set to begin on Jan. 24, with the actual trial beginning Jan. 29. Additionally, the court denied a motion from the defendants to exclude two SEC experts, and a motion from the SEC to exclude one expert for the defense. Judge Rakoff did, however, grant the SEC's motion to exclude two other defense experts: Raj Unny and Dr. Christine Parlour.
Dec 29, 2023 6:22 am

Frequently Asked Questions

  • What is the all-time high price of MIR Token (MIR)?

    The all-time high of MIR was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of MIR Token (MIR) is 0. The current price of MIR is down 0% from its all-time high.

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  • How much MIR Token (MIR) is there in circulation?

    As of , there is currently 0 MIR in circulation. MIR has a maximum supply of 10.00Bn.

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  • What is the market cap of MIR Token (MIR)?

    The current market cap of MIR is 0. It is calculated by multiplying the current supply of MIR by its real-time market price of 0.000438743584.

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  • What is the all-time low price of MIR Token (MIR)?

    The all-time low of MIR was 0 , from which the coin is now up 0%. The all-time low price of MIR Token (MIR) is 0. The current price of MIR is up 0% from its all-time low.

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  • Is MIR Token (MIR) a good investment?

    MIR Token (MIR) has a market capitalization of $0 and is ranked #5259 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze MIR Token (MIR) price trends and patterns to find the best time to purchase MIR.

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