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Alex

@alexde

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Alex
@alexde
👍 Additional investment in Initia Recently, they announced a new mini-round. There’s visible interest in the project, with over 800 participants contributing to the round. Funding Total raised $22.5M Bullish? If the market keeps its momentum, it could turn out to be a solid case.
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💸 U.S. broker Robinhood and digital bank Revolut plan to launch their own stablecoins.
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🇺🇸 Kamala Harris has joined the crypto hype — the presidential candidate stated that the U.S. should dominate the blockchain space and reaffirmed her commitment to supporting the digital assets sector in her economic plan.
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🪙 Binance has launched a pre-sale spot trading service, allowing users to take early positions before the official token launch—essentially a "premarket." A new casino?
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🔮 **Polymarket**, the leading DEX prediction market platform, plans to launch its own token.
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🏦 Cryptocurrency venture funds are booming, raising **$500 million** in just the past few weeks. Many of these funds are investing in early-stage startups, indicating that venture capitalists remain optimistic about the potential for new innovations.
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🐹 Hamsters are going wild — **Hamster Combat** has distributed tokens to players. Current price per token is approximately **$0.01**, though selling is not yet allowed. On average, users will earn **$10 to $20** for **six months** of daily logins.
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🇫🇷 Macron stated that Pavel Durov's arrest is "not a political decision" and that the detention occurred as part of an ongoing judicial investigation. Global media reports suggest that Durov is being accused of refusing to cooperate on issues related to cyber and financial crimes on Telegram.
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🇻🇪 Venezuela has blocked access to Binance and 𝕏 (Twitter) amid unrest following the presidential elections. Binance's P2P service is widely used in Venezuela, as residents exchange fiat for crypto to combat inflation. Previously, Elon Musk vowed to "burn Maduro’s mustache" in response to the 𝕏 ban in the country.
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🇺🇸 A former SEC official believes Morgan Stanley could face strict scrutiny from the SEC and FINRA over compliance issues after allowing its entire team of financial advisors to start promoting Bitcoin ETFs.
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@alexde
🪙 Bankrupt crypto lender Celsius is suing Tether, seeking $2.4 billion.
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🇪🇺 Tether CEO warned that the MiCA regulation in the EU could threaten stablecoins and the banking system. MiCA requires at least 60% of stablecoin reserves to be held in EU bank accounts. Ardoino noted that banks operate on fractional reserves, meaning only part of deposits are available for withdrawal, and EU deposit insurance covers only up to $100,000.
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🪙 Tether will double its staff over the next year to better meet regulatory requirements, with the workforce expected to reach 200 employees by mid-2025.
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🪙 The percentage of Ethereum locked in staking has reached a new all-time high of 28% (33.67 million ETH). Since the launch of spot Ethereum ETFs, the staking rate has increased by 1.9%.
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🕵️‍♂️ In July 2024, cryptocurrency projects lost $278.8 million due to malicious activities, marking the second-highest amount in 2024. Of this total, $265.8 million was attributed to hacks, $9.8 million to flash loan attacks, and $3 million to other scams. Approximately $7.8 million of the total losses were recovered.
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🪙 Donald Trump raised $25 million from participants at the Bitcoin 2024 conference after promising to establish a BTC reserve in the U.S. and to fire SEC Chairman Gary Gensler if he wins the election.
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🪙 Tether reported a record profit of $5.2 billion in the first half of 2024.
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🇭🇰 Hong Kong police arrested four individuals, including a 14-year-old, who defrauded crypto traders using counterfeit banknotes — the scammers managed to earn $1,400,000. The young people posed as well-known crypto investors and offered victims the opportunity to exchange crypto for cash at above-market rates.
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An Ethereum developer stated that the second-largest cryptocurrency is losing its appeal — the research group aims to fully centralize Ethereum. Decentralized verification but centralized control. Ethereum is being taken over live. Vitalik Buterin refutes this, saying the developer's statements are incorrect.
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The Japanese crypto exchange BitFlyer has acquired "FTX Japan" — the deal is valued at "several billion yen." Plans include rebranding, offering custodial services to institutions, and a potential launch of a Bitcoin ETF.
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