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Max Cryptobuddy
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๐Ÿš€ Despite April's crypto dip, layer-2 networks saw a surge in developer activity, showing strong faith in these projects. According to Santiment's analysis of non-redundant GitHub activity, Optimism led the pack with 541.33 commits, a whopping 146% more than the next project. ๐Ÿ“ˆ Starknet, Arbitrum, Cartesi, Immutable X, and Skale Network followed, all showing high dev activity despite token value drops. MintLayer, Polygon, MetisDAO, and Mantle rounded out the top ten. ๐Ÿ‘‡ What's your take on these layer-2 networks? Are they the future of DeFi? Share your thoughts below! #DeFi #Layer2 #CryptoNews

๐Ÿš€ Despite April's crypto dip, layer-2 networks saw a surge in developer activity, showing strong faith in these projects. According to Santiment's analysis of non-redundant GitHub activity, Optimism led the pack with 541.33 commits, a whopping 146% more than the next project. ๐Ÿ“ˆ

Starknet, Arbitrum, Cartesi, Immutable X, and Skale Network followed, all showing high dev activity despite token value drops. MintLayer, Polygon, MetisDAO, and Mantle rounded out the top ten.

๐Ÿ‘‡ What's your take on these layer-2 networks? Are they the future of DeFi? Share your thoughts below! #DeFi #Layer2 #CryptoNews

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๐Ÿ“ข SEC Chairman Gary Gensler is feeling the heat from the media's crypto obsession! ๐ŸŽ™๏ธ๐Ÿ’ฐ - Gensler's had enough of the "outsized ratio" of crypto questions. He argues that the $2.3 trillion crypto market is a mere drop in the $110 trillion capital markets ocean. ๐ŸŒŠ - Yet, he acknowledges crypto's "outsized piece of the scams, frauds, and problems" across the market. ๐Ÿ˜ฌ - The SEC has been busy, filing multiple lawsuits and Wells Notices against major crypto companies. 43 enforcement actions in 2023 alone! ๐Ÿšจ - Gensler's stance on crypto remains firm: many tokens are securities under the law. ๐Ÿ›๏ธ What do you think about Gensler's views on crypto? Let's chat in the comments! ๐Ÿ‘‡ #CryptoNews #SEC #GaryGensler
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๐Ÿš€Big news! RD Technologies is teaming up with #Chainlink to supercharge its Hong Kong dollar stablecoin, HKDR.๐Ÿ”— โ€ข Chainlink's Cross-Chain Interoperability Protocol (CCIP) and Proof of Reserve (PoR) are being integrated to ensure secure, reliable cross-chain transfers of HKDR and easy access to the stablecoin.๐Ÿ”’ โ€ข This move is set to boost the use of HKDR for settling payments, making cross-border transactions faster and cheaper. Plus, it'll enable the reliable transfer of tokenized real-world assets.๐ŸŒ โ€ข RD Technologies CEO Rita Liu believes this will help develop Hong Kong as a global Web 3 and virtual assets hub.๐ŸŒ โ€ข Despite a recent dip in LINK's price, experts predict an altseason is just around the corner. So, keep your eyes peeled!๐Ÿ‘€ What do you think about this partnership? Drop your thoughts below!๐Ÿ‘‡ #DeFi #Web3 #DAO #Layer2
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๐Ÿš€๐Ÿ’ฐ Poloniex hacker moves 1,100 ETH (~$3.37M) to Tornado Cash, a sanctioned crypto mixer. Still sitting on a cool $180M+ in various crypto assets. ๐Ÿ” Arkham Intelligence tracked 11 transfers of 100 ETH each, plus two more of 10 ETH. ๐Ÿ“ˆ Hacker's portfolio includes Ether, TRX, Bitcoin, BTCT, and Floki, with Ether being the largest holding. ๐Ÿ”™ Poloniex lost $125M in a 2023 hack. Owner Justin Sun promised full reimbursement and a 5% bounty for return of stolen funds. ๐Ÿ’ป Tornado Cash, despite sanctions, remains a popular tool for obfuscating transaction trails. ๐Ÿ—ฃ๏ธ Thoughts on this? How can we improve blockchain security? #DeFi #CryptoNews
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๐Ÿ“ฃ #CryptoNews! Hong Kong's Bitcoin ETFs hit a bump in the road with their first daily BTC outflows on Monday, mainly from the China AMC Bitcoin ETF. ๐Ÿ“‰ ๐Ÿ‘€ Despite this, optimism remains: - The three HK Bitcoin ETFs have already gathered $262M in assets under management (AUM) in their first week. ๐Ÿ’ฐ - Bitcoin experienced a weekend surge, now trading near $64K, up from below $57K last week. ๐Ÿš€ ๐Ÿ” Perspective: Bloomberg ETF analyst Eric Balchunas reminds us not to compare HK to the US market. The $310M AUM of the HK ETFs is equivalent to $50B in the US market. ๐Ÿ‘ฅ A recent study shows nearly 80% of crypto-savvy investors in HK plan to invest in the new spot Bitcoin and Ethereum ETFs. What are your thoughts on the HK ETFs? Let's chat in the comments! #DeFi #Web3 ๐ŸŒ๐Ÿ’ฌ
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๐Ÿš€#ShibaInu is catching the eye of big-time traders and social media influencers, like Del Crxpto, who are betting big on $SHIB's future. ๐Ÿ•โ€๐Ÿฆบ - Del Crxpto, with nearly 100K followers, is hoarding $SHIB, hinting at exciting things to come. - Ali Martinez sees a bullish pattern, predicting a potential 300% rally. What's fueling the optimism?๐Ÿ”ฅ - A surge in SHIB token burn rate, reducing supply and potentially boosting prices. - Progress on Shibarium, $SHIB's layer-2 solution, with two major updates. - A decrease in SHIB tokens on exchanges, reducing selling pressure. What's your take on $SHIB's future? ๐Ÿš€ or ๐Ÿ“‰? Let's chat below! #DeFi #Layer2 #CryptoNews
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