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Bitcoin - $BTC mining just hit another major milestone, as the network's difficulty surged by 3.9%, reaching an all-time high of 95.7 trillion hashes. This means itâs now harder than ever to mine new blocks, reflecting the increased competition among miners. With the network's seven-day moving average hash rate hitting nearly 724 exahashes per second (EH/s), miners are scrambling to keep up, needing more computational power than ever to secure transactions. This latest adjustment occurred at block height 866,880, just as Bitcoin approaches its next halving event. While the rising difficulty indicates a robust and growing network, it also places increased pressure on miners, many of whom have been forced to upgrade their hardware or risk being left behind. This event often leads to heightened miner activity, as they race to maximize rewards before the halving slashes the payout from 6.25 BTC to 3.125 $BTC #BTC
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Update on BLUM The $DOGS storm was supposed to hit today, but is rolling into Blum Land on October 23rd at 9 AM UTC! To ensure everything runs smoothly, weâre giving our devs a bit more time to finalize the technical side of things đ ïž To Qualify: - Have an active $TON wallet connected to Blum with at least 1 outgoing transaction đ€đŒ - Your wallet must be activated before Oct 21, 8 AM UTC âïž - $DOGS Rain (test phase) participants are not eligible this time The full rollout will take 24 hours, allowing 7.6 million users to join in! đ Thank you for your patience as we ensure the best experience for everyone! Get your rain gear ready! â
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Sushi has unveiled a detailed roadmap for its "Super Swap," signaling ambitious moves towards multi-chain expansion. The decentralized exchange (DEX) is focusing heavily on cross-chain aggregation, enhancing liquidity access across different blockchain ecosystems. Sushi aims to create a seamless trading experience for its users through SushiXSwap, its cross-chain automated market maker (AMM), built to handle swaps across multiple blockchains. SushiXSwap utilizes LayerZeroâs Stargate protocol to facilitate quick and secure asset transfers. The roadmap also highlights the development of native DEXs for several blockchain ecosystems, such as Saru on ApeChain, Susa on Layer N, and Wara on Solana, extending its presence across multiple networks. These efforts will allow Sushi to support more blockchains and improve user experiences by aggregating liquidity from across its vast multi-chain network. Additionally, the integration of advanced API transaction functionalities is designed to drive innovation in the DeFi space.
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Valeria Fedyakina, also known as "Bitmama" or Russia's "Crypto Queen," has been caught up in a massive $23 million crypto fraud, scamming investors through fake crypto investment schemes. Her alleged crimes stretch beyond that figure, with some reports indicating the fraud might total closer to $72 million. Fedyakina built a social media persona as a wealthy, jet-setting crypto entrepreneur, promising quick returns from her investments. But her luxurious lifestyle came crashing down when Russian authorities arrested her, accusing her of defrauding wealthy clients by using Bitcoin to secretly transfer their funds between Moscow and Dubai. Prosecutors revealed that Fedyakina even filmed herself opening suitcases stuffed with cash, showcasing her boldness. Victims, including close acquaintances, claim they were duped into believing in her fake oil deals and lucrative crypto investmentsâ
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The Pump.fun Fee Account has made another notable sale, offloading 40,000 $SOL , equivalent to $6.68 million, around five hours ago. This move adds to their previous sales, bringing their total $SOL transactions to impressive numbers. So far, the platform has generated a total revenue of 969,945 $SOL , which is approximately $162 million. Out of this, they have sold 503,343 SOL, amounting to around $78.7 million, with the average price being $156.4. #SOL
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