Crypto Chronicles:News and Projects

1-As Tesla falls following Musk’s incident, Graphite Network’s message becomes clear: Reputation outvalues money

Nasdaq data shows Tesla's market worth fell over 50% from $1.5 trillion in December 2024 to $760 billion by March 10, 2025. Elon Musk's divisive political pronouncements have hurt sales and scared investors despite Tesla's innovation and capital strengths.

Musk's Trump administration involvement at DOGE, far-right sponsorships like Alternative für Deutschland, and divisive statements have tarnished the brand. CNN surveys from March reveal 53% of Americans see Elon Musk unfavorably, and boycotts are strong. Several Tesla vehicles and charging infrastructure have been vandalized, sales are down 49% in China and 76% in Germany, and old Cybertrucks are selling for 58% less than last year. Tesla is struggling with reputation, not technology.

Musk may have misjudged trust's impact on markets in 2025 along with performance. People respond faster, are more suspicious, more selective. No longer a soft asset, trust is the cornerstone.

Graphite Network predicted this trend before reputation became a headline concern. A blockchain team was already growing around it. Since Graphite Network has focused on reputation from the start, crypto.news contacted Marko Ratkovic, CTO, for his opinion.

Ratkovic argues markets promote innovation and penalize broken trust. Tesla's decrease confirms what we at Graphite Network know: reputation generates success.

Graphite Network's reputation-based infrastructure and L2 apps fulfill TradFi institutions' needs and bridge the gap between blockchain and traditional finance.

With its comprehensive reputation-based blockchain capabilities, Graphite Network seeks to reinvent the reputation game. It rivals TradFi systems in speed and scalability with its Proof-of-Authority (PoA) Polymer 2.0 blockchain and 1,400 transactions per second with predictable fees. But that's only the beginning.

With a one-account-per-user structure and a setup charge in @G, blockchain's native token, false or duplicate profiles are greatly reduced. That's good news for anybody seeking risk-free blockchain collaboration.

The blockchain-verified Trust Score system from Graphite Network assesses individuals based on transaction history, KYC status (because KYC is optional), and accounts they connect with. Zero-Knowledge-Proofs KYC enables decentralized applications to verify users' location or ag without disclosing their personal information, meeting conventional finance's compliance obligations while prioritizing privacy.

Tag addresses, Graphite Network's KYC system update, will increase blockchain transaction transparency. Each address will be connected to a charity to clarify money utilization. Smart contracts can stop suspicious transactions and promptly indicate financial abuse. This increases responsibility for on-chain money.

2-If the measure passes, Brazilian workers may choose crypto pay.

Today, governments and organizations worldwide are studying Bitcoin's benefits. Bitcoin reserves at the national level are often discussed. Brazil introduced a plan to enable workers to demand up to 50% of their wage in bitcoin.

Federal delegate and self-proclaimed prince Luiz Philippe de Orleans e Bragança proposed PL 957/2025 on March 12, 2025. Brazilian workers may seek crypto wages under the measure.

At least 50% of the pay must be paid in Brazilian real, the country's currency and sole legal money. The Central Bank of Brazil allows expats and international remote workers to receive 100% of their income in bitcoin. Other workers may get a full crypto wage under the specific contract if a private service provider pays.

The exchange rate must match the Central Bank of Brazil's permitted rate. Employers must provide workers a statement including a gross Brazilian real salary, a crypto salary split, conversion rate, and other information like charges, discounts, and incentives. As with Brazilian real compensation, taxes will remain the same. Using or not using crypto will not influence 13th pay, paid leave, or other concerns. The measure also protects workers against company fraud and pricing manipulation.

In addition, the bill requires employers to educate employees about virtual assets, including risks and price volatility, teach how to prevent fraud and secure crypto funds, and demonstrate how to exchange crypto for fiat and vice versa.

3-AI anticipates Cardano exit spots before bull run high, Rexas Finance profits

Rexas Finance has revolutionized real-world asset (RWA) tokenizing. By fractionalizing commodities and real estate using blockchain technology, RXS increases access and liquidity in existing markets.

Investor faith in its vision and potential has grown with over $47.1 million raised in its presale. Major exchange listings and partnerships might boost adoption. RXS is a top 2025 bull market growth contender due to its solid roots and innovative strategy.

Cardano is one of the most exciting blockchain projects because to its emphasis on scalability, security, and sustainability. A peer-reviewed, research-driven project, Cardano leverages Ouroboros, a proof-of-stake consensus method that saves energy and boosts efficiency.

As more people use dApps and smart contracts on Cardano, its ecosystem grows. ADA's consistent expansion and technical advances make it a long-term competitor.

References

https://crypto.news/as-tesla-falls-after-musks-controversy-graphite-networks-message-becomes-clear-reputation-outvalues-capital/

https://crypto.news/brazilian-workers-salaries-to-be-paid-in-crypto/

https://crypto.news/taking-profit-on-cardano-rexas-finance-ai-predicts-exit-points-before-bull-run-peak/