G.M Frens !
It's finally Friday !
đ° Today's Crypto and Defi Rundown: All the must-know updates in one place! đ
News đ
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âą đ Bitcoin Transaction Volume Soars by 18%: Bitcoin transaction volumes saw an 18% surge over the last 24 hours, fueled by growing institutional interest and retail buy-insâ
âą đ„ Bitcoin Miner Revenue Rises: Bitcoin miners have reported a 12% increase in revenue today, benefiting from the recent rise in Bitcoinâs price and a slight reduction in mining difficultyâ.
âą đ ïž Ethereum Gas Fees Spike: Ethereum network experiences a surge in gas fees as layer 2 protocols like Arbitrum and Optimism see increased usageâ.
âą đ Immutable X Leads Altcoin Gains: Immutable X tops the list of altcoin gainers with a 14% increase in price, driven by growing interest in layer-2 scaling solutionsâ.
âą đł Visa Expands USDC Pilot: Visa expands its pilot program for USDC stablecoin settlements, allowing more merchants to settle transactions on Ethereum.
âą đ§ Chainlink Introduces New AI Oracles: Chainlink launches AI-powered oracles to enhance smart contract capabilities, bridging real-world data with decentralized applicationsâ.
âą đž Polygon (MATIC) Sees Strong Adoption: Polygon announces partnerships with several global corporations to bring decentralized applications to mainstream businessesâ.
âą đŠ Louisiana Accepts Bitcoin for State Services: Louisiana becomes the first U.S. state to accept cryptocurrency payments for services like fishing licenses, with payments processed via Bead Payâ.
âą đ Africaâs Crypto Adoption Booms: African countries see a surge in crypto adoption, especially in peer-to-peer payments and remittances, fueled by local currency instabilityâ.
âą đ Solana Launches New DeFi Platform: Solanaâs latest decentralized finance platform aims to offer higher scalability and lower transaction fees, attracting a wave of new DeFi usersâ.
âą đ Stellar Launches Smart Contracts: Stellar (XLM) officially launches its smart contract capability, allowing developers to create complex DeFi applications on its networkâ.
âą đŒïž NFT Market Rebounds: The NFT market shows signs of recovery, with sales volumes increasing by 15% over the past 24 hours across major marketplacesâ.
âą đź Gaming Token Rally: Gaming tokens like AXS and ENJ are seeing strong momentum as blockchain gaming continues to attract mainstream gamersâ.
⹠⥠Cardano Releases Hydra Update: Cardano's Hydra update is live, significantly boosting the networkâs transaction speeds and scalability for DeFi projectsâ.
âą đïž U.S. Congress Debates Crypto Legislation: The U.S. Congress intensifies its debate on comprehensive crypto regulation, focusing on stablecoin oversight and investor protections.
âą đ DeFi Protocol Suffers Exploit: A new DeFi protocol was hacked for $12 million, leading to increased concerns about security vulnerabilities in the decentralized finance spaceâ.
âą đš Crypto Art Goes Mainstream: Major auction houses report record sales of crypto art as NFTs from leading digital artists fetch multimillion-dollar bidsâ.
âą đ§âđŹ Ethereum Developers Propose Sharding Update: Ethereum core developers propose an updated sharding roadmap to address network congestion and improve scalability.
âą đ± Chia Blockchain Sees Increased Interest: Chiaâs eco-friendly blockchain technology attracts institutional investors due to its energy-efficient proof-of-space consensus mechanism.
âą đĄïž Cybersecurity Concerns Rise in Crypto: Increasing ransomware attacks targeting exchanges and individual crypto wallets spark calls for improved security measures.
âą đ Polkadot Partners with Major Financial Institutions: Polkadot forms partnerships with global financial institutions to bring interoperability solutions to the banking industryâ.
âą đ° MicroStrategy Acquires $150M Worth of Bitcoin: MicroStrategy has purchased an additional $150 million worth of Bitcoin, further strengthening its position as one of the largest corporate holders of the assetâ(
âą đ Bitcoin Short Liquidations Reach $30M: Over $30 million worth of Bitcoin short positions were liquidated today, as the assetâs price continues to rise, forcing bearish traders to close positionsâ
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Have a good week end !
Stay informed, stay ahead! đ
See u soon đ
Maboo :)
