Karim

@skkarim2244

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BNB announced the winning projects of the fourth quarter of 2024 hackathon: the first place is the blockchain-based salary platform Paynova; the second place includes the DeFi project Outrun and the AI agent launchpad AgentArcade; the third place is the music competition platform Rhythm Malural, the Telegram robot Star Bridge, and the blockchain QA platform DoubtEarn.

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YZi Labs rebrands from Binance Labs to reflect its independence, while expanding its investment focus to include Web3, AI, and biotech. CZ takes an active role in investment activities, offering direct mentorship and coaching to founders; while Ella Zhang returns as Head of YZi Labs.

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The Wealth Truth Behind the TRUMP Token Author | Frank, PANews This article examines the top 1,000 holders. Whales had an average buy - in of $591,000, with nearly 40% buying in below $15. The most powerful address invested $1.09 million within a minute. Success with TRUMP relied more on speed and capital. It has become a whales' arena rather than a retail investors' jackpot.

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Trump responded to the TRUMP token for the first time during a meeting with SoftBank CEO, Sam Altman and others. Trump said: I don't know much about it other than I launched it, I heard it was very successful. I haven't checked. When a reporter said TRUMP has generated several billion dollars in the past few days, the president quipped, "several billion? That's peanuts for these guys".

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The South Korean government has issued a suspension notice to Upbit, the largest cryptocurrency exchange in the country, for allegedly violating anti-money laundering obligations related to KYC. Upbit may face a suspension of up to 6 months, during which new customer registrations will be restricted, but existing user transactions will not be affected. The final decision will be made on the 21st.

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Foresight Ventures Twitter/X has been hacked and is posting fake AI cryptocurrency information. Earlier, Litecoin's official Twitter account was hacked, and the hacker posted information on the account, promoting fake Litecoin tokens based on the Solana, with scam links. Aiccelerate DAO's X account is suspected to have been frozen today, and the relevant content is currently inaccessible

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North Dakota in the United States has become the latest state to consider including Bitcoin in its asset allocation. The state legislature proposed Resolution 3001 on Friday. New Hampshire, Florida, Texas and others are also promoting similar plans.

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Aleš Michl, the governor of the Czech National Bank, said that they are considering buying a small amount of Bitcoin as a diversification strategy for foreign exchange reserves. The decision needs to be approved by the seven members of the CNB Board of Directors. In addition, it is planned to increase the proportion of gold reserves to total assets to 5% by 2028.

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Hong Kong Approves Spot ETFs for Bitcoin and Ethereum; Over 30% of South Korea’s Population Invests in Cryptocurrency, with Trading Volume Surpassing the Stock Market; Singapore’s Central Bank Grants Digital Token Service Licenses to Around 30 Payment Companies; Russian President Putin Signs Digital Currency Taxation Law; Thailand Launches a Crypto Regulatory Sandbox to Support Cryptocurrency Development.

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Nate Geraci, president of The ETF Store, said that Volatility Shares has submitted an application to the U.S. SEC for an exchange-traded open-end index fund (ETF) based on Solana futures, covering 1x, 2x and -1x leverage exposure. Solana futures contracts that trade only on an exchange registered with the Commodity Futures Trading Commission.

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Venture capital USV transferred another 578,000 UNI (about $8.45 million) to Coinbase Prime today. Since December 6, USV has transferred a total of 3.511 million UNI (about $54.56 million) to Coinbase Prime, all of which came from its investment in 2020. The USV address still holds 10.364 million UNI (about $150 million).

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MicroStrategy CEO Michael Saylor released a proposal for the framework, principles and opportunities of digital assets in the United States, and specifically suggested the establishment of Bitcoin reserves, believing that this could create $16-81 trillion in wealth for the U.S. Treasury and provide a new way to offset national debt.

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JUST IN: "Hawk Tuah" girl Haliey Welch issues statement after being sued over her meme coin that crashed 95% hours after launch. "I am fully cooperating with and am committed to assisting the legal team representing the individuals impacted, as well as to help uncover the truth, hold the responsible parties accountable, and resolve this matter."

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According to Bloomberg, Germany's largest bank, Deutsche Bank, is developing an Ethereum L2 blockchain based on ZKsync, introducing a trusted verifier mechanism and granting regulators special supervisory authority to prevent risks of interaction with sanctioned entities.

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Thaksin Shinawatra, the former prime minister of Thailand and the father of the current prime minister, said on the 13th that his friends believe that Bitcoin will reach $850,000, and the Thai people should learn and stay informed, which will undoubtedly be reflected in government policies; the prime minister has instructed to initiate research and efforts to enable Bitcoin to be used for payment, starting with tourist cities; and also consider issuing stablecoins backed by government bonds.

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According to The Block, Goldman Sachs CEO David Solomon stated at the Reuters Next conference that the company may consider entering the Bitcoin and Ethereum markets if U.S. regulations change. He described Bitcoin as speculative but acknowledged its technology addresses certain issues and has drawn significant attention.

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As Pudgy Penguis is about to launch its token, the floor price of Pudgy Penguis has risen by 45% in the past 7 days to over 22 ETH, setting a new record high. Its market value has reached about $760m, surpassing BAYC and becoming the second largest NFT in terms of market value, second only to CryptoPunks ($1.5 billion). Lil Pudghys has also risen by more than 45% in the past 7 days, becoming the eighth largest NFT in terms of market value.

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Tether said that as of the beginning of the fourth quarter of 2024, there were 109 million on-chain wallets holding USDT, more than twice the number of wallets holding Bitcoin and close to the 128 million wallets holding Ethereum. There are 86 million accounts on centralized platforms that have received on-chain USDT deposits.

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El Salvador’s President Nayib Bukele announced the country’s bitcoin portfolio data on December 5, when bitcoin first broke through $100,000. The country’s bitcoin portfolio has accumulated investments of about $270 million, with unrealized gains exceeding $333 million. El Salvador currently holds 6,180 bitcoins, with an average purchase price of $44,739.88, and a return on investment of 122%.

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FOX Business reporter Eleanor Terrett said that the current U.S. Securities and Exchange Commission (SEC) has notified at least two SOL spot ETF applicants that their submitted 19b4 documents will be rejected, and the SEC may not approve any new cryptocurrency ETF applications during the current administration.

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