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Birose159

@birose159

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A gamer with that level of control transcends gaming. They become a creator, owner and controller. In many cases, they can join a game’s decentralized autonomous organization to, democratically and trustlessly, modify the game based on community-centric ideation.
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Ownership without control is, as Web2 has proven, virtually ineffective and leaves users vulnerable. In the Web3 gaming or GameFi space, there’s a massive push for the right to ownership and control, to create, modify, upgrade and export (to other games and chains) your digital assets — profit from them even.
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Beyond the alleged extortion racket, Iza’s operations extended to financial fraud. Between 2020 and 2022, he is accused of defrauding Meta Platforms Inc., stealing over $37 million by accessing business accounts and associated credit lines.
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Saavedra also operated a private security firm, Saavedra & Associates LLC, which employed off-duty deputies. Iza reportedly paid $100,000 monthly between 2021 and 2024 for round-the-clock security.
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In August 2021, LASD deputies allegedly held a victim at gunpoint at Iza’s residence, forcing a $25,000 bank transfer. In October 2021, Iza personally coerced another victim into transferring $127,000 while holding them at gunpoint.
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Expect the total value locked (TVL) in decentralized applications to top $300 billion in 2025, far surpassing 2021’s highs of approximately $180 billion, according to the report.
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The purchase aligns with Hut 8’s strategy of combining low-cost Bitcoin production with opportunistic market buys to maximize returns and establish BTC as a reserve asset.
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Hut 8, one of North America’s largest Bitcoin miners, has announced a $100 million purchase of Bitcoin, increasing its holdings to over $1 billion.
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SOL was one of the few tokens to achieve a new all-time high in 2024, reaching $264.50 on Nov. 22. However, the momentum could not be sustained, with SOL underperforming as the broader altcoin market cap rose 18% since Nov. 22, while SOL price fell 12%.
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If bulls want to prevent the downside, they will have to swiftly push the price back above $0.000028. The pair could then climb to $0.000033, which is expected to pose a strong challenge.
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“We’re really waiting to see that exuberant move, and then we’ll look at that rotation of capital,” crypto exchange Swyftx lead analyst Pav Hundal told Cointelegraph at Aus Crypto Con 2024.
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Altcoins will swing between big rallies and pullbacks until Bitcoin confirms a breakout past the $100,000 mark, according to a crypto analyst.
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Meanwhile, leveraged spot Ether ETF demand has increased 160% since Trump’s election victory, K33 Research noted on Nov. 28.
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“[This] sends a strong signal of a potential DeFi renaissance under a Trump presidency.”
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President-elect Donald Trump and his sons would benefit from a more robust DeFi ecosystem because of their involvement in DeFi protocol World Liberty Financial, Thielen said.
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Markus Thielen, 10x Research founder, said crypto privacy mixer Tornado Cash’s partial court victory likely contributed to Ethereum’s price rally as it is the dominant decentralized finance (DeFi) chain.
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Despite the recent slowdown, spot Bitcoin ETFs have still had a record-breaking month with more than $6.2 billion of net inflows in November — which includes an eye-popping $3.1 billion of inflows last week.
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An industry executive attributed the price gain to Ethereum-based Tornado Cash’s recent court victory in the United States, along with reports that crypto advocate Paul Atkins may replace Gary Gensler and lead a more crypto-friendly Securities and Exchange Commission (SEC).
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Spot Ether ETFs took in $224.9 million in net inflows over the four trading days between Nov. 22-27, while spot Bitcoin ETFs tallied $35.2 million in net inflows due mainly to a heavy day of outflows on Nov. 25, Farside Investors data showed.
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Ether exchange-traded funds (ETFs) have seen more money from investors than their Bitcoin counterparts since Nov. 22, as Ethereum’s decentralized finance (DeFi) ecosystem scored a key victory in a US court this week.
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