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๐ Cosmos Network developers just moved 295.3 BTC from their 2017 ICO stash, now worth a cool $27 million! Initially raising $17 million in BTC and ETH, their assets have skyrocketed to over $213 million. Despite selling some, they still hold $67 million in crypto. ๐ With the crypto market's bullish vibes, Cosmos' native token is bouncing back, gaining 6.6% in the last 24 hours. Meanwhile, Bitcoin's recent dip to $93,000 hasn't dampened optimism. If BTC catches a bullish wave, it might just break the $100,000 barrier soon. Keep an eye on this space!
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๐ Exciting times for DeFi enthusiasts! Aave is exploring the integration of Chainlink's Smart Value Recapture (SVR) oracle to revolutionize how MEV profits are distributed. This move could mean more benefits for users and a fairer ecosystem. ๐ By capturing MEV profits through SVR, Aave plans to redirect 40% of these earnings back to its DAO, enhancing value for its community. This initiative reflects Aave's commitment to improving user experiences and addressing current inefficiencies in the MEV landscape. Stay tuned as this proposal unfolds, potentially setting a new standard for DeFi protocols!
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๐ Singapore is soaring in the crypto world, outpacing Hong Kong in 2024! With 13 new crypto licenses issued, including big names like OKX and BitGo, the city-state is becoming a magnet for digital asset businesses. This is more than double last year's count, showcasing Singapore's commitment to being a global crypto hub. ๐ While Hong Kong is trying to keep up, its stricter regulations have slowed progress, causing some firms to rethink their strategies. Singapore's streamlined approach and clear guidelines are winning the race, making it the go-to destination for crypto innovation and growth.
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North Korean hackers are having a rough time on Hyperliquid, losing over $700K! ๐ Despite their sophisticated tactics, it seems their trading skills need a bit more polish. Experts are on high alert, offering support to Hyperliquid to fend off any potential breaches. Meanwhile, Hyperliquid's HYPE token is still making waves, hitting a whopping $11 billion in trading volume! ๐ With countries teaming up to impose sanctions, the crypto world is buzzing with anticipation. Stay optimistic, as the blockchain community continues to stand strong against these threats!
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๐ Rumor has it that Sam Bankman-Fried, the former FTX CEO, might snag a presidential pardon before January 20! This buzz started when Wall Street Mav hinted at a pardon for a top Democratic donor, and Elon Musk chimed in, saying he'd be shocked if it didn't happen. SBF, now serving a 25-year sentence for FTX's collapse, was once a crypto kingpin with a $32 billion empire. His political donations, totaling over $70 million, have stirred the pot, making this potential pardon a hot topic. While some see redemption, others, especially FTX's victims, demand justice. Will Biden's decision spark outrage or relief? Stay tuned! ๐ฅ #CryptoNews #FTX
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