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@aurum

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🎲Polymarket approaches $1 billion in bets for 2024 presidential election winner. The decentralized prediction platform Polymarket accumulated a nearly $900 million bet for the winner of the United States 2024 presidential election. U.S. Vice President and Democratic presidential candidate Kamala Harris leads the way with an estimated 50% chance of winning and a bet surpassing $127 million, according to the platform. Republican presidential candidate Donald Trump comes in a close second at 49% winning odds and a nearly $144 million bet. Trump had initially been leading Harris in the Polymarket bet, but Harris flipped Trump on Aug. 12 when the prediction market for the winner was $572 million, The Block previously reported.
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🎮As ‘Banana’ Telegram Game Rises, CARV Reveals $50 Million Accelerator CARV Labs will support startups working on the data protocol, with first project—the Telegram game Banana—hitting 10 million players. CARV Labs' first incubated project, an idle game called Banana built as a Telegram mini app in The Open Network (TON) ecosystem, has attracted 10 million players since launching in late July. Banana lets players tap to earn points, as well as unlock a variety of colorful and unique fruit collectibles—akin to a popular but unrelated PC game of the same name. The accelerator has a number of gaming-centric partners, CARV said, including Netmarble subsidiary Marblex, Intella X, Doublejump.tokyo, and Xterio. CARV says that it has generated over $5 million in revenue year-to-date from applications using its protocol. In August, CARV launched its Alphanet, operated by 40,000 community-run verifier nodes valued at $35 million.
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🐶DOGS token sets memecoin record with 17M users on The Open Network. According to the TON community, the DOGS airdrop’s success could be trumped by the upcoming Hamster Kombat and Catizen airdrops, set for September. The newly launched Dogs token claims to have staged the biggest token generation event (TGE) in memecoin history. Over 17 million users have already claimed their Dogs (DOGS) tokens, which is a memecoin project on The Open Network TON inspired by Telegram co-founder Pavel Durov’s iconic dog drawing. The Dogs Mini App📱 has surpassed 53 million users, of whom 42.2 million are eligible for the token airdrop, making it the “largest meme TGE in cryptocurrency history,” according to a Sept. 10 Telegram post by the TON community.💎
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🖼️Magic Eden's multi-chain NFT dominance surges with $60 million daily volume amid ME token hype. Magic Eden, the multi-chain NFT marketplace, is conjuring up a storm in the NFT world, with daily trading volumes skyrocketing from a modest $1 million to a staggering average of $30 million. The platform recently hit a peak of $60 million in daily volume, showcasing the renewed interest in digital collectibles across multiple blockchains. This surge coincides with Magic Eden's announcement of its forthcoming utility token, ME, being developed by the ME Foundation. While launch details remain under wraps, the mere prospect has ignited trader enthusiasm.
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Bought Doodles Certified Viral: Coffee Me
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⚡Polygon developers transition MATIC token to POL. This change introduces POL as the new ticker symbol for the native gas and staking token on the Polygon PoS chain. Exchanges are expected to list the upgraded token. The transition to POL is a crucial component of Polygon’s development into a ZK chain and its integration with AggLayer, which aims to consolidate liquidity and state across multiple chains. POL will maintain MATIC’s existing tokenomics and a supply of 10 billion tokens. The initial exchange ratio from MATIC to POL is set at 1:1, with a gradual increase of 2% in emissions over ten years to support growth. "For validators, this emissions model ensures continuous rewards, making it attractive for new validators to join and participate," Polygon stated. MATIC holders on the Polygon PoS do not need to take any steps, as the upgrade to POL will occur automatically. However, MATIC holders on Ethereum, Polygon zkEVM, or centralized exchanges must actively migrate their tokens to POL via a m…
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gm!🦉 I Just snagged 1800 points on @thedapplist! 🤯 @guildxyz Pin holders - you gotta get in on this! 🙌 !
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🅱️Bitcoin OP_CAT Upgrade: Can Revived Satoshi Code Transform the Top Blockchain? Could OP_CAT, called BIP-420 by some, be transformative for Bitcoin? Here's what developers think of the fiercely debated potential upgrade. Bitcoin’s developer ecosystem is the hottest it has been in years. Projects, tools, and proposals to unlock new decentralized applications for the OG crypto network are now part of the mainstream Bitcoin conversation. One proposal central to that conversation is BIP-347, or “OP_CAT”—though called BIP-420 by some proponents—a potential soft fork upgrade that proponents think could supercharge Bitcoin’s capabilities. At a bare-bones level, what OP_CAT does is allow users to join, or “concatenate,” two pieces of data within a stack. It then places those values on top of the stack, making them the first items acted on within a transaction.
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Mint Doodles Certified Viral: You Blow Me Away
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Minted Owly Bebop
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🔄MakerDAO rebrands to Sky, DAI stablecoin optionally upgradeable to USDS. MakerDAO, the decentralized autonomous organization behind the DAI stablecoin, has rebranded to Sky and named its new upgradeable tokens, set to launch on Sept. 18. As part of the project’s “Endgame” plan, the changes will allow DAI holders to upgrade to a new stablecoin, Sky Dollar (USDS), at a 1:1 ratio that provides access to native token rewards. MakerDAO’s governance token, * MKR +0.69% , which currently has a value of $2,129, according to The Block’s MKR price page, will become upgradeable to SKY at a 1:24,000 ratio. The Block reported on the redenomination plans last week, though the token names had yet to be unveiled. The redenomination aims to broaden participation in MakerDAO’s governance by allowing more users to hold significant amounts of SKY.
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Minted Farcaster x Zora
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⚡Telegram founder and CEO Pavel Durov arrested in France by National Anti-Fraud Office. Telegram founder and CEO Pavel Durov has been arrested in 🇫🇷France and placed in custody by agents of France's National Anti-Fraud Office, according to a report from reputable French news site TF1. Durov was reportedly arrested after traveling with a woman and his bodyguard from Azerbaijan to Paris's Le Bourget airport, which exclusively services private jets. Durov was the subject of a search warrant from OFMIN, an investigative agency which combats child sexual exploitation in France, based on a preliminary investigation, according to the report.  The news report noted that the billionaire Durov typically travels very little in Europe, perhaps in an attempt to avoid being detained in this very way, as the news site noted his arrest warrant was only valid on French territory. "He made a mistake tonight. We don't know why... Was this flight just a stopover? In any case, he's locked up," a source reportedly t…
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⚡Sony, Startale Unveil Blockchain Project in Latest Web3 Foray. A joint venture between Sony Group and Startale unveiled a new blockchain built on Ethereum, according to a statement. Sony Block Solutions Labs, the joint venture, announced the development of a new layer-2 blockchain named Soneium. Soneium aims to attract app developers spanning sectors including entertainment, gaming and finance, it said in statement. The project has launched a testnet through a partnership with Astar Network
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Minted Owly Guild
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Minted interested in everything
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🆔ENS Labs Teams With Dentity to Advance Real-World Credentials via Crypto Both companies plan to integrate verifiable credentials on-chain to bridge the gap between off-chain and online identities. ENS Labs, the company behind the open-source blockchain naming protocol, Ethereum Name Service, is collaborating with Dentity, a leading digital identity provider, to integrate verifiable credentials on-chain. The new integration allows ENS users to link their on-chain identity with their real-world identity, giving them the power to decide the scope of the information they share, the companies said in a statement on Wednesday. The development could have far-reaching implications for the future of online identity. ENS users can maintain control over publicly accessible personally identifiable information while ensuring that no such information is stored on-chain. Khori Whittaker, Executive Director of ENS Labs, noted how the two companies are attempting to bridge the gap between off-chain and on-chain i…
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🪙XRP Primed For A Major Breakout, The Next Price Target Will Shock You. Amid recent market volatility, major cryptocurrencies like XRP have seen a wave of optimism among investors and traders as several crypto analysts continue to offer bold predictions regarding the altcoin. Even though XRP has not been able to witness a massive surge since its rally to its current all-time high in 2017, these analysts are confident that a similar move could take place in the ongoing bull cycle.
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⛏️Bitcoin miners may gain $13.9B yearly from 20% shift to AI and HPC — VanEck. Bitcoin miners have the opportunity to potentially generate around $13.9 billion in additional yearly revenue if they partially transition to providing energy to the artificial intelligence and high-performance computing (HPC) sector by 2027, according to investment firm VanEck. 🤖“AI companies need energy, and Bitcoin miners have it,” VanEck stated in an Aug. 16 report. “Bitcoin miners generally have bad balance sheets, either because of too much debt, too much share issuance, too much executive compensation, or some combination of all three,” VanEck claimed. VanEck estimates that if publicly traded Bitcoin mining companies shifted 20% of their energy capacity to AI and HPC by 2027, “total additional yearly profits could exceed an average of $13.9 billion per year over 13 years."
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🔴Optimism Set For Major Upgrade on Mainnet To Tackle Security Vulnerabilities. Mofi, a protocol engineer at software development company OP Labs, hinted at a major upgrade on the Optimism mainnet. The proposed upgrade targets tackling a few security🔐 vulnerabilities discovered by Spearbit, Cantina, and Code4rena during security audits. However, there have yet to be any exploit reports on these vulnerabilities. Therefore users’ assets remain safe. Optimism has proposed introducing a set of smart contract upgrades and an L2 hard fork to fix these loopholes. The smart contract upgrades will fix the identified vulnerabilities, while the L2 hard-forking will improve the stability and performance of the fault-proof system.
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