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It’s half a year after the 2024
BTC
halving.
#Bitcoin
#crypto2024
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Stacks Integrates Bitcoin with Aptos Network 🤩 #Stacks is integrating its Bitcoin Layer-2 protocol with the #Aptos Network, enabling Bitcoin to be used in decentralized applications (dApps) and real-world use cases on Aptos’ Layer 1 blockchain. Through this partnership, #sBTC , a 1:1 Bitcoin-backed token, will facilitate secure Bitcoin transfers on Aptos, unlocking new possibilities in DeFi, gaming, AI, and social platforms. This comes after Stacks resolved an SEC investigation with no enforcement actions. The integration builds on Stacks’ recent advancements, including the Nakamoto upgrade, which enhanced transaction speeds and interoperability with other blockchain ecosystems. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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Ripple Co-Founder Chris Larsen Leads $10M Investment in Decentralized Clearing Network 🤝🏻 Chris Larsen, Ripple's co-founder, led a $10 million seed funding round for #Yellow Network, a decentralized clearing network aimed at resolving cryptocurrency inefficiencies like liquidity fragmentation, scalability, and capital inefficiency. Supported by major firms like #Consensys , GSR, and Gate Labs, the network is built on state channel technology to offer faster trade execution and improved capital efficiency. Decentralized clearing allows direct settlements on the blockchain without central intermediaries, though this raises concerns over balancing decentralization with consumer protections. In other news, Larsen joined corporate leaders in endorsing #Kamala Harris for the 2024 U.S. presidential race. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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SUI x USDC 🚀 #Sui co-founder and CEO Evan Chen tweeted that Sui has partnered with Circle and will soon add support for USDC. According to on-site reports, Circle CEO #Jeremy shared related information at the Sui Builder House. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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Can the Crypto Industry Regain Its Lost Excitement? 🥹 The crypto industry is in trouble because it’s no longer exciting for #traders or builders. In the past, people were drawn to crypto for two reasons: the thrill of making money through risky trades and the excitement of building new technologies. Traders and builders worked together, creating a vibrant and fast-growing industry. But things have changed. Many of the original builders have either moved on, been restricted by #regulations , or simply stopped innovating. What’s left are gambling-like products or slow, traditional finance projects that don’t excite traders. As a result, the crypto industry is losing its appeal, and money isn’t flowing in like it used to, especially in 2024’s poor-performing altcoin market. To revive the industry, a new wave of exciting opportunities needs to be created, or it risks staying in a #slump for a long time. What do you think? Leave your thoughts below 👇🏻 If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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Hamster Kombat: A Crypto Exchange CEO Simulator with Native Token HMSTR and Expansive Roadmap for 2024-2025 🐹 Hamster Kombat is a Telegram-based mini-app game where players simulate the role of a crypto exchange CEO. Its native utility token, #HMSTR , functions as an in-game currency used for purchasing items, upgrades, and accessing exclusive events. The token’s total #supply is 100 billion, with 64.38% circulating upon its Binance listing on September 23, 2024. As of September 12, 2024, Hamster Kombat boasts a user base of 300 million, with 82 million monthly active users. The game’s roadmap outlines significant developments, including external developer integration, #NFT mechanics, real money trading, and clan features through 2025. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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