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Daily Summary on November 22, 2024
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Sonic unveils a partnership with Solv Protocol #Sonic partners with #SolvProtocol , a decentralized platform focused on providing liquidity and yield infrastructure for digital assets. Through this partnership, Solv Protocol will allow users to mint SolvBTC and SolvBTC.BBN natively on Sonic. Utilizing SolvBTC and SolvBTC.BBN within #DeFi applications on Sonic, users can earn a share of the ~200 million $S airdrop, unlocking substantial rewards. Additionally, Solv Protocol is planning integrations with Sonic's wide range of DeFi apps. Sonic (previously Fantom) is a #Layer1 platform with a secure gateway to #Ethereum . The protocol includes a significant incentive program designed to handle over 10,000 transactions per second. 👉 blog.soniclabs.com/unlocking-bitcoins-1-trillion-potential-on-sonic-through-solv-protocol/
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Sui Foundation unveils strategic partnership with Franklin Templeton Digital Assets #FranklinTempletonDigitalAssets has been actively investing in the #Sui ecosystem and believes this strategic partnership will further advance those efforts by identifying value creation opportunities that enable builders of Sui-based solutions to deploy innovative technologies leveraging the Sui blockchain protocol. Sui is a #Layer1 blockchain platform built to meet the demands of global adoption, providing a secure, robust, and scalable development environment. Sui utilizes a unique object-centric data model and #Move programming language to tackle inefficiencies found in current blockchain architectures. 👉 decrypt.co/293065/sui-foundation-enters-into-strategic-partnership-with-franklin-templeton-digital-assets
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COTI join forces with Poolz to launch MomentumX #COTI and #Poolz partner to launch #MomentumX , a privacy-centered accelerator aiming to drive the growth of the COTI ecosystem. MomentumX will support privacy-focused dApps built on COTI’s technology. Combining COTI’s innovation with Poolz’s fundraising expertise will ensure startups are fully equipped to succeed in the #Web3 landscape. COTI is a fintech platform that aims to empower organizations to create their payment solutions and digitize any form of currency. 👉 medium.com/cotinetwork/coti-and-poolz-partner-to-launch-privacy-focused-momentumx-accelerator-2ffb5b88e46f
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XION announces the launch of Believathon #XION launches #Believathon , its 3-week online hackathon with a $40,000 prize pool, millions in funding opportunities, fast-track access into XION’s upcoming #ACCELERAXION program and the opportunity to deploy to XION’s mainnet. Believathon was launched on November 21st and will last until December 15th. XION is the pioneering modular Generalized Abstraction layer tailored specifically for consumer adoption. By incorporating protocol-level implementations covering abstracted accounts, signatures, fees, interoperability, and additional features, XION empowers secure, user-friendly and effortless experiences. 👉 xion.burnt.com/blog/believathon-launch
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Ethereum's Bullish Momentum Signals Potential Market Surge
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State Pension Plans Lead In Cryptocurrency Investments
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Bitcoin(BTC) Surpasses 99,000 USDT with a 1.84% Increase in 24 Hours
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Tether Treasury Mints 1 Billion USDT On Ethereum Network
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