Mia

@mia20

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ConsenSys, the parent company of Metamask, has announced the creation of the Linea Association, a non-governmental organization based in Switzerland, aimed at promoting the decentralization of its Layer-2 zkEVM. The association intends to launch the Linea token in the first quarter of 2025.

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The total market value of cryptocurrencies exceeded 2.9 trillion US dollars 🪙

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A French user who wagered over $38 million on Donald Trump’s victory on the Polymarket platform stated he had no political agenda behind his decision. He identified himself as a French national who has lived in the United States and worked as a trader at a bank. Should Trump win, the user could receive returns exceeding $80 million, while a victory for Kamala Harris could mean the loss of all or most of his investment.

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BlackRock, the largest asset manager globally, now holds over 400,000 bitcoins, totaling 403,725 BTC, valued at approximately $26.98 billion. In the last two weeks, BlackRock acquired an additional 34,085 bitcoins, worth around $2.3 billion.

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Tether CEO Paolo Ardoino denies that the company is under investigation, stating that this is just FUD.

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BlackRock is reportedly in talks with Binance, OKX, and Deribit to integrate the BUIDL token as collateral for futures trading.

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The U.S. Financial Crimes Enforcement Agency discovered that TD Bank failed to report suspicious cryptocurrency transactions. One of its customers transferred $420 million to cryptocurrency service providers in high-risk regions like Colombia. As a result, TD Bank was fined $3 billion for violating anti-money laundering regulations. Toronto-Dominion Bank, one of the largest banks in Canada, also serves over 10 million customers in the United States.

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Vitalik published an article exploring ways to improve Ethereum's PoS system. He focused on two main objectives: reaching single-slot finality (where blocks are finalized in just one slot) and making staking more accessible by reducing the minimum staking requirement to 1 ETH. To achieve these objectives, he suggested three possible approaches: enhancing the signature aggregation protocol, introducing the Orbit committee mechanism, and creating a two-tier staking system.

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The U.S. government may soon begin selling 69,000 BTC confiscated in connection with the Silk Road case. The court has authorized the sale of these BTC, valued at approximately $4.3 billion.

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Afik Rechler examined the global search trends for Hamster Kombat, a popular game on the TON network that recently launched its tokens. The search volume is highest in India at 22%, followed by Pakistan at 14%. Bangladesh and Russia each account for 6%, while Nigeria and Indonesia both represent 5%. These percentages also indicate where the game's user base is concentrated.

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I just won 131 $DEGEN in Gate of Degen! @degengate

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The issuer of the USDC stablecoin, Circle Internet Financial, will move its global headquarters from Boston to New York. The company's head office will be located on one of the upper floors of the main building of the World Trade Center, also known as the Freedom Tower.

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Huma Finance announced the successful completion of a $38 million funding round, consisting of $10 million in equity investment and $28 million in real-world assets (RWA) investment. The round was led by Distributed Global, with contributions from Hashkey Capital, Folius Ventures, and others. Huma plans to use the funds to grow its blockchain-based PayFi platform and intends to expand to the Solana and Stellar Soroban smart contract networks in the coming months.

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Flowcarbon, the startup co-founded by former WeWork CEO Adam Neumann, is refunding investors after the Goddess Nature Token was not launched as planned. The company had previously announced a $70 million funding round in May 2022, with at least $38 million coming from token sales. Notable investors included a16z and Samsung NEXT.

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Huma Finance announced the successful completion of a $38 million funding round, consisting of $10 million in equity investment and $28 million in real-world assets (RWA) investment. The round was led by Distributed Global, with contributions from Hashkey Capital, Folius Ventures, and others. Huma plans to use the funds to grow its blockchain-based PayFi platform and intends to expand to the Solana and Stellar Soroban smart contract networks in the coming months.

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FBI: Americans lost $5.6 billion due to crypto fraud in 2023! (A 45% increase compared to 2022)

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Binance's subsidiary, Tokocrypto, has received a physical crypto asset dealer license from Indonesia's Commodity Futures Trading Regulatory Authority. This makes Tokocrypto the third exchange in Indonesia to obtain the PFAK license. The exchange has seen its user base grow to over 4.5 million this year.

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Today, the Penpie hacker deposited the remaining 1,661 ETH into Tornado Cash, completing the laundering of approximately 11,261 ETH (valued at $27 million) stolen from Penpie. Despite Penpie's earlier attempt to negotiate a bounty, offering the hacker the chance to return the funds, become a white-hat hacker, and avoid legal consequences, the hacker appeared to ignore the proposal and continued with the transfers.

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Switzerland's fourth-largest bank, Cantonal Bank Zurich (ZKB), has introduced cryptocurrency trading and storage services, supporting Bitcoin and Ethereum. These services are seamlessly integrated into ZKB's existing platforms, such as electronic and mobile banking, allowing customers to trade cryptocurrencies 24/7.

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