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DeFi Platform Cork Protocol Suffers $12M Exploit, Markets Paused
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$BTC NYC’s Eric Adams Unveils Plan for Bitcoin Bonds at Vegas Conference New York City Mayor Eric Adams unveiled plans to issue Bitcoin Bonds during his appearance at the Bitcoin 2025 conference in Las Vegas on May 28. The initiative, still light on structural details, aims to integrate bitcoin into municipal finance and advance Adams’ vision of New York as the “crypto capital of the world.” Described as “Bitcoin-backed municipal investment vehicles,” the bonds may be denominated in bitcoin or supported by bitcoin reserves, although specifics remain pending. The announcement aligns with Adams’ long-standing crypto advocacy, including his 2022 decision to receive his first three mayoral paychecks in bitcoin and ethereum. #Binance #wendy #BTC $BTC
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Unlocking the Future: A Comprehensive Analysis of the Sophon (SOPH) Project
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$ETH A whale transferred their remaining 1,693 $ETH, valued at $4.47M, to #Kraken securing a $1.28M profit after holding for 4 years. Address: 0x060416c78...95571
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$BTC James Wynn (@JamesWynnReal) has boosted his $BTC long position from $200M to over $529M. To date, he’s recorded a $20.77M loss (including fees) on this trade, with a current floating loss of $2.5M. A recovery is possible but hinges on several factors. Bitcoin’s price volatility could work in his favor if the market trends upward, potentially offsetting losses and yielding gains on his massive position. However, the scale of his leverage and exposure amplifies risk—any downward move could deepen losses significantly. His ability to bounce back depends on market direction, his risk management, and liquidity to weather fluctuations. Given his bold strategy and past swings, success isn’t guaranteed but remains feasible if conditions align. Wishing him luck! https://hyperdash.info/trader/0x5078c2fbea2b2ad61bc840bc023e35fce56bedb6
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