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🚀 Exciting times ahead for crypto enthusiasts! Oobit, backed by Tether, is making waves by applying for a Financial Services Regulatory Authority (FSRA) license in Abu Dhabi, UAE. This move is a strategic leap into the booming Middle Eastern market, aligning with a forward-thinking regulatory framework. 🌍 With integration with Mastercard and Visa, Oobit aims to make crypto payments as easy as a tap, expanding its reach to 100 million locations. Supported by a $25M Series A funding led by Tether, Oobit is set to foster global crypto adoption, breaking barriers and enhancing trust in the crypto space.

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CoinSwitch to the rescue! 🚀 WazirX users can breathe a sigh of relief as CoinSwitch announces a ₹600 Crore ($70M) recovery program. After the $234M hack in 2024, CoinSwitch steps in with a two-year plan to help affected users recover their losses. Users can choose to receive funds in crypto or fiat, with options to trade or withdraw. This initiative aims to support around 4 million users, offering incentives for sign-ups and referrals. While WazirX navigates its challenges, CoinSwitch's move is a positive step for the Indian crypto community. 🌟 #CryptoRecovery #WazirX #CoinSwitchCares

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🚀 Pro-XRP attorney John E. Deaton is sounding the alarm on the outsized role of big money in U.S. politics, especially from the crypto sector! He highlights how massive donations, like those from Sam Bankman-Fried, can sway political influence and undermine democracy. 💸 Deaton calls for the crypto community to rethink its political contributions to safeguard democratic integrity. With growing scrutiny on political spending, could this be a turning point for transparency in the crypto world? Let's keep our eyes on the horizon for a brighter, more accountable future!

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🚀 Big moves in the Bitcoin mining world! Phoenix Group, listed on the Abu Dhabi Stock Exchange, is ramping up its game with a new 50MW facility in North Dakota, boosting their global mining capacity by 2.7 exahashes. This follows their recent expansion in South Carolina. 🌍 The North Dakota site showcases Phoenix's commitment to securing the Bitcoin blockchain with top-notch tech and efficiency. Plus, they’re expanding into Canada with a cost-effective 20MW facility in Manitoba. With leadership changes and dual listing plans, Phoenix is set on becoming a global Bitcoin mining powerhouse!

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🚀 Filecoin is on fire! After a 21% surge this week, it's one of the top performers in the crypto world. The buzz started with a 12% jump in just 24 hours, thanks to Bithumb's listing announcement in South Korea. Trading volume skyrocketed by 180%, and futures volume hit $712 million, a 200% increase! 📈 Messari crowned Filecoin as the DePIN leader for 2024, spotlighting its advancements like the F3 upgrade, which slashes transaction times. Partnerships with SingularityNET and Theoriq AI are set to boost its decentralized AI infrastructure. Filecoin is definitely one to watch!

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