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Elon Musk - "I get asked a lot about aliens and I usually say I am one"
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🚫🇷🇺 Big Update: Russia Halts Bitcoin Usage, Bans Non-Local Crypto from September 1 📣 🔥 Major Crypto Development from Russia: 📅 Effective Date: September 1 🔍 Details: Russia enforces a ban on Bitcoin and all non-Russian cryptocurrencies. Only digital assets issued within Russia will be permitted moving forward. 🔒 Reason: Amid escalating geopolitical tensions, the government aims to tighten control over the crypto ecosystem. 👤 Spokesperson: Anatoly Aksakov, head of Russia's financial committee. #Fed #Russia
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🛑 Uniswap faces potential legal challenges from the SEC, with a Wells notice indicating the platform might have acted illegally as an unregistered securities broker and exchange. 🔍 The SEC argues that some ICO tokens traded on Uniswap are investment securities requiring proper registration and oversight, which Uniswap allegedly lacks. 💡 Despite the legal pressures, Uniswap contends that it only developed the platform's user interface, with the protocol itself being independent, autonomous code. This distinction could be crucial for their defense, highlighting that the protocol is accessible independently of the developed front end. 📉 While these developments might affect market confidence and token prices, Uniswap's solid regulatory standing and foundational strength suggest it could withstand these challenges. 🔒 The crackdown on Uniswap coincides with significant security breaches in the DeFi sector, emphasizing the urgent need to enhance security measures across the industry to avoid further regulatory backlash and ensure sustainable development. 🎮 In a significant security lapse, the NFT game Munchables was exploited for $62.5 million due to a proxy contract manipulation by a developer potentially linked to notorious cybercriminals. This underscores the critical need for stringent security protocols and comprehensive understanding of deployed blockchain code. 🚀 For DeFi to advance and gain wider acceptance, it must prioritize security enhancements and regulatory compliance, fostering collaboration with regulators to shape a framework that supports innovation while protecting consumers. 💪 Despite the challenges, a secure and compliant DeFi ecosystem holds immense potential benefits, paving the way for broader adoption and achieving its full potential by emphasizing security, collaboration, and proactive regulatory engagement. #Fed #SEC #Uniswap
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📊MatrixPort : Crypto is in need of a boost, as Bitcoin's💰 support at $62,000 is at risk. Failure to hold could lead to lower prices, with a potential target of $52,000📉. #Bitcoin saw gains of nearly $10,000 in late February, but they could be in danger if support is not maintained. @Crypto PM #CryptoPM
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📊 Bitcoin Dominance Analysis 📚 BTC.D Time Frame - Weekly 👉🏻I've been travelling since last week so can't post charts from desk, so kindly apologize for unmethodical charts. Looking at the Dominance chart weekly, I can clearly see Bearish divergences on RSI & MACD in weekly candles with confluence in bull divs on many weekly charts for large cap alts. Lose 54% and we should see some liquidity shift into $alts during the summer. 👉🏻PS :- I don’t believe this is alt season but a first glance at a small liquidity shift for alts. Real alt season should start from Q4 2024. But over-all time for accumulation will be gone soon. I just wish you guys won't end up being coinless waiting for that final dump 😉 @Crypto PM #CRYPTOPM
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BlackRock is shaking up its leadership by announcing Lindsey Haswell's addition to the board of its prestigious $IBIT spot Bitcoin ETF. 👩💼 Haswell, known for her role at MoonPay and as a founding member of the Core blockchain, brings significant expertise to the crypto world. 💼 Her experience at Blockchain.com further solidifies her qualifications, making her a valuable addition to BlackRock's $IBIT board. 🔄 Haswell will replace financier Kimun Lee on the board starting November 6, 2024, signaling a notable shift in BlackRock's management to adapt to the evolving crypto market. 📈 The $IBIT ETF, managed by BlackRock, has seen substantial trading volumes recently, positioning itself as a leader in its category and showcasing BlackRock's strategic commitment to expanding its presence in the cryptocurrency sector. #bitcoinhalving #BTC #ETF✅ #BlacoRock
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