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The latest news from the world of cryptocurrencies. Paid promotion: @gqsoul

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November’s your final fire, light it up before SEED listing's out of sight! 🔥 Hey Seedizens, the clock’s ticking, and this is your last big move! If you've been holding back, now’s the time to jump in before it’s game over!
🔥 SEED burning has returned! Stay away too long, and your SEED will go up in smoke. 🪙 Your wallet will be linked to one Telegram account only, ensuring fairness for the upcoming airdrop. With a single connected wallet, you’ll have the chance to mint NFTs! Make sure you connect your frequently-used wallet! Need help? Check out the GUIDE here! 🥰 Big events with big partners are on the horizon, and all the listing details will be revealed soon!
No time to waste — November is the make-or-break moment. Get active, dominate tasks, and secure your SEED before the big listing hits. COME BACK SEED HOME 🏡
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🎉 @coindepo_community Exclusive Promo – Celebrating the Start of Blockchain Life 2024! 🎉 Deposit & Earn Interest Up to 24% per year on BTC, ETH, USDT, USDC, and other crypto coins with CoinDepo. Our CEO is at Blockchain Life 2024 🌐 and to celebrate, we're offering an exclusive bonus! 💥 Use promo code !BLOCKCHAINLIFE2024 to claim your rewards: 🔹 $50 Bonus in COINDEPO Tokens for Signing Up! 🔹 $100 Bonus for Every $100 Deposited for 90 Days ($15 in the same asset + $85 in COINDEPO Tokens) Example: If you deposit $1,000, you’ll receive: $50 in COINDEPO Tokens for signing up + $150 in the same asset you deposited $850 in COINDEPO Tokens That’s a total of $1,050 in bonuses! Don’t miss out—boost your crypto earnings today! 🚀 Website: https://coindepo.com Twitter: https://x.com/DepoCoin Telegram: @coindepo_community Discord: https://discord.gg/pSbfZ7uMVQ
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Avalanche Launches Visa Card for Crypto Payments 💳 Avalanche has taken a significant step toward integrating cryptocurrency into everyday financial transactions by launching the Avalanche Card. This card enables users to make payments using their crypto assets at any Visa-accepting location. 💵 The card currently supports WAVAX, USDC, sAVAX, and other supported cryptocurrencies, allowing users to spend their digital assets as easily as cash. The Avalanche Card is available in physical and virtual formats. It was initially rolled out in Latin America and the Caribbean, and plans are to expand to other regions in the future. 💳 Users can now make purchases with their crypto at millions of merchants worldwide, wherever Visa is accepted. Upon signing up, users receive a self-custody wallet with a unique address for each crypto asset. This feature ensures that funds are secure while offering instant access to spending.
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European Central Bank Claims Early Bitcoin Investors Exploit New Buyers ✉️ A recent paper published by the European Central Bank (ECB) claims that early Bitcoin investors are profiting at the expense of newer entrants to the market. The paper argues that Bitcoin’s decentralized and limited supply structure has led to a system where those who bought the cryptocurrency earlier or at lower prices are selling at a profit, thereby exploiting new buyers. 💎 The authors suggest that Bitcoin should either be subjected to strict price controls or banned entirely to prevent what they describe as an “unfair” wealth transfer. According to the paper, the wealth distribution caused by Bitcoin could lead to social unrest. “Current non-holders should realize they have compelling reasons to oppose Bitcoin and advocate for legislation against it, aiming to prevent Bitcoin prices from rising or to see Bitcoin disappear altogether.” 🖥 The ECB report also raises concerns about Bitcoin’s role in criminal activity, citing previous studies that claim it is often used in illegal transactions. However, this view is contested by a May 2024 report from the U.S. Treasury Department, which points out that fiat currency remains the most common means for illicit activities, not cryptocurrencies like Bitcoin.
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Experts Predict MiCA Will Fragment The Billion-Dollar Stablecoin Market 👑 The stablecoin market has expanded to over $172 billion by October 2023, with the European Union’s Markets in Crypto Assets Regulation (MiCA) playing a key role in shaping its direction. Recent data from DeFiLlama shows that stablecoins accounted for $123 billion in transactions during that month, reflecting the growing influence of stablecoins in global finance. 🙂 Stablecoins make up about 50% of all value settled on public blockchains, surpassing Bitcoin, which only accounts for 25% of such transactions. Additionally, CryptoQuant reports that stablecoins held on exchanges have surged by 20% this year. 🔝 A major shift is underway as the European Union introduced the Markets in Crypto Assets Regulation (MiCA) in June 2023. This regulatory framework establishes uniform rules for crypto assets across the EU, and while it isn’t fully implemented yet, its effects are already being felt within the stablecoin market.
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Crypto is the Future’ Says Trump, but WLFI Token Initial Sale Far From Target 🪙 Donald Trump’s highly anticipated cryptocurrency project, World Liberty Financial (WLFI), launched its initial public token sale to significant fanfare, with the former president proclaiming that “crypto is the future.” ⚡️ Despite this bold assertion and the Trump brand’s backing, the WLFI token sale has stumbled out of the gate. After raising $5 million in the first hour, sales slowed dramatically, and technical glitches on the platform hindered progress. 🪙 The token sale, designed to raise $300 million by offering 20% of the total token supply, has yet to reach its goal. By late Tuesday evening, only $9.15 million had been raised. The project, which positions itself as a decentralized finance (DeFi) protocol, aims to revolutionize how users engage in borrowing, lending, and other financial activities. However, early reactions have been mixed, with some critics questioning the project’s legitimacy and long-term prospects.
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🚨 @waterfall_network Sets New TPS Record on Mainnet!🚨 On September 27, 2024, we hit a groundbreaking milestone by reaching 12,778 TPS on the mainnet, surpassing our previous testnet record of 11,667 TPS! 🚀 In just 3 tests, we generated over 1,000,000 transactions and measured how quickly they were added to blocks and fully confirmed on the network. The mainnet result of 12,777 TPS (https://docs.waterfall.network/tests/mainnet-test21/ ) is more than 1,000 TPS higher than our peak testnet performance (https://docs.waterfall.network/tests/testnet8-test18/), bringing us closer to the 13,000 TPS mark! 🌟 📌 Key factors behind this achievement: The network operated with a 6-second slot duration. Supported by 7,766 validators, nearly 4 times higher than during the testnet phase, ensuring efficient and reliable transaction processing. Waterfall Network continues to push the boundaries of speed and scalability, joining the ranks of networks that outperform their testnet benchmarks on the mainnet! 🌊🔥 Find more tests by following the links: Test 1: https://docs.waterfall.network/tests/mainnet-test19/ Test 2: https://docs.waterfall.network/tests/mainnet-test20/ Don’t miss out– check $WATER: https://www.gate.io/uk/trade/WATER_USDT 🌊✨ 🎉Find $WATER on MEXC: https://www.mexc.com/exchange/WATER_USDT Follow @waterfall_network on social media: Discord: https://discord.gg/Nwb8aR2XvR  Twitter: https://twitter.com/waterfall_dag   Telegram: https://t.me/waterfall_network Website: https://waterfall.network
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Google Search Stops Displaying Bitcoin and Crypto Price Data Google Search appears to have stopped showing Bitcoin and other cryptocurrency price charts directly. Nevertheless, one can still access these charts through Google Finance. Over the weekend, users on X noted that when they searched for Bitcoin’s price, no chart appeared in the search results. In contrast, when searching for stock prices, Google still provided charts. 🔔 Google’s decision has sparked conversations about the reasoning behind this shift. Some in the crypto community see this as a positive signal for Bitcoin, suggesting that traditional financial institutions may feel threatened by the growth or potential of cryptocurrencies. ⭐️ Previously, Google provided charts displaying the current rates of leading cryptocurrencies, enabling users to check prices anytime. Consequently, this feature enabled users to see real-time or near-real-time price charts for Bitcoin without the need to navigate to another financial site or platform.
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Arkham Intelligence to Launch Cryptocurrency Derivatives Exchange, ARKM Token Surges 🆒 Blockchain analytics firm Arkham Intelligence is set to launch a cryptocurrency derivatives exchange as early as next month. The new platform is aimed at retail traders and will compete directly with established giants like Binance, sources familiar with the matter revealed, according to a report by Bloomberg. 💎 The exchange will operate under a license in the Dominican Republic, where Arkham is reportedly in the final stages of securing regulatory approval. The move aligns with the growing demand for cryptocurrency derivatives, a market that has seen rapid expansion in recent months, driven mainly by retail investors. 💸 In September alone, crypto derivatives trading volumes soared to over $3 trillion, doubling from $1.5 trillion recorded the previous year, according to data from CCData. The increased interest is due to the expanding variety of crypto derivatives products now available on major exchanges like the Chicago Mercantile Exchange (CME).
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👑 THE KING IS CALLING AND THE TREASURE AWAITS! 👑 The Capital is in turmoil waiting for a true leader to take charge, and the 🎁 LOST TREASURE is within your grasp! Will you rise above the rest to claim the throne and riches? The journey begins soon, and only the strongest will succeed! Assemble your army. Your destiny is waiting! ⭐️ 👉 @Ton_kombat_bot ✉️ Chat | 🐣 Twitter | 📹 Youtube
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German Parliament Member Joana Cotar Advocates Bitcoin as a Solution to Inflation 🇩🇪 German parliament member Joana Cotar believes Bitcoin could transform the fight against inflation and promote economic independence. In an October 9 interview, Cotar highlighted Bitcoin’s potential to safeguard wealth, stating that inflation is “stealing money from the people every month” and that Bitcoin can offer financial sovereignty and protect against this erosion of value. ⚡️ Cotar stressed the importance of individual financial sovereignty, particularly during times of economic instability. She argued that Bitcoin gives people the power to manage their own wealth without relying on traditional banking systems or government-controlled currencies. 🌛 “Bitcoin is going to fix this. It’s about basic freedom rights for people, getting sovereignty back as individuals,” said Cotar. She emphasized that it can restore individual financial sovereignty, reducing reliance on centralized institutions.
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DHS Investigators Prevent Hundreds of Ransomware Attacks, Seize Billions Since 2021 ❓ The Department of Homeland Security (DHS) has disrupted hundreds of crypto scam incidents, reclaiming billions in extorted cryptocurrency since 2021. According to a recent report from Bloomberg, DHS investigators have intercepted 537 ransomware attacks before they could cause widespread damage. ⛔️ The effort, led by the Homeland Security Investigations (HSI) Cyber Crimes Center, has proven particularly vital for the protection of U.S. government agencies, which have been the primary targets of these cyber threats. 🚫 Mike Prado, Deputy Assistant Director of HSI’s Cyber Crimes Center, highlighted that 21% of the foiled attacks were directed at U.S. government agencies, surpassing the number aimed at any other sector. Prado explained that HSI’s proactive approach to cyber threats involves close monitoring of internet traffic, analysis of potential vulnerabilities, and keeping track of emerging tactics used by ransomware groups.
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Detained Binance Executive Tigran Gambaryan Is A Hostage, Former IRS Chief Says 🌛 Former Internal Revenue Service (IRS) Chief of Investigations Richard Weber shed light on the dire conditions that Nigerian Binance executive Tigran Gambaryan is facing amid his imprisonment in the African country. According to an October 3 podcast episode of Illicit Edge’s “Designated,” Weber said Gambaryan’s detainment at Kuje prison had been anything but ideal, with the crypto compliance chief behind bars alongside “the worst of the worst” terrorists. ⚡️ “It’s a prison that hold really bad people, including terrorists, and here we have a former law enforcement official and dedicated public servant who is working at a crypto company as a mid-level employee…who is trying to resolve a compliance issue – who then gets arrested and thrown into the same facility,” Weber said. The former top U.S. law enforcement official then urged the U.S. government to release Gambaryan to his wife Yuki and their two young children back in California. ⭐️ “Tigran is a hostage. He did nothing wrong. He is sitting in a prison for a crime he did not commit,” Weber continued. “He’s been in prison for over 200 days – almost eight months – and no one knows what he really did wrong. I don’t even think the Nigerian government knows what he did wrong, and yet they are holding him there.”
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📉 Ethereum Co-Founder Selling These Meme Coins To Help Tornado Cash Developers 👀 Ethereum co-founder Vitalik Buterin has sold popular meme coins for ETH and donating the proceed to Tornado Cash developers' release campaign. 👉 Read more
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🤑 NEW SEASON LOCK IN 🤑 Warriors, the battlefield is calling! Season 3 has officially started, and fresh challenges await. 😮 Season 2 Reward 🏆 will be distributed after a while with a Mystic Key. With the start of a new Season, your rank put back a bit to maintain competitive balance. Now is your chance to climb higher, earn new rewards, and prove your dominance once again! ⚔️ 👉 @Ton_kombat_bot ✉️ Chat | 🐣 Twitter | 📹 Youtube
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🤑"Sirwin Crypto Casino: Feel Elegance in Every Spin."🤑 💎Enjoy secure crypto gaming with top-tier games, exclusive rewards, and fast payouts.💎 🎁Unlock a Welcome Package with big bonuses, up to 250 Free Spins, and 25% cashback on losses.🎁 🔒No KYC: Start playing instantly with full privacy. 🌐VPN-Friendly: Access Sirwin from anywhere, anytime. ⏱24/7 Support: We're here around the clock for you. For more info: 🌐 Website - 📱 Twitter- 📱 Telegram - 📱 Instagram
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Bitwise CIO Compares Bitcoin and Gold as Currency Hedges 👑 Investors weigh Bitcoin and gold as potential hedges against economic uncertainty amid recent monetary policy shifts from the Federal Reserve and China’s economic stimulus measures.According to a blog by Bitwise Asset Management, both assets have their advantages, with Bitcoin offering higher potential returns and gold providing greater stability. The decision ultimately depends on the investor’s risk tolerance and objectives. ⭐️ Bitwise Chief Investment Officer Matthew Hougan emphasized that Bitcoin and gold are attractive hedges because they operate independently of government control. “Jerome Powell can print all the dollars he wants, but he can’t create more gold or change Bitcoin’s supply cap of 21 million,” he stated. 🙂 Hougan further explained that while both assets are appealing, their differences are significant. He pointed out that Bitcoin offers greater flexibility due to its ease of transfer and storage, though it has increased volatility.Gold, meanwhile, is more stable but less versatile. “Bitcoin is less established and more volatile than gold, but it’s also easier to send, store, and divide,” he explained.
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Why Eric Adams Failed to Make NYC a Crypto Hub 🌛 Eric Adams made huge promises to make New York City attractive for crypto businesses — but lacked the power to turn this into reality. New York City Mayor Eric Adams is best known in crypto circles for being unabashedly pro-Bitcoin — even engaging in friendly rivalry with Miami counterpart Francis Suarez. Back in 2021, he vowed on X that he planned to take his first three paychecks as mayor in BTC and ETH, and make NYC the beating heart of the crypto sector. 🥇 He was unsuccessful in attempts to block New York State proposals to impose a two-year moratorium on Bitcoin mined using fossil fuels. While you could argue this policy is good from an environmental standpoint, Adams had raised fears that this would “put barriers in place” that prevent NY from becoming an attractive destination for crypto businesses. 🏠 Adams’ Democratic counterpart Kathy Hochul declined to veto the measures and they came into force in November 2022 — affecting all Proof-of-Work cryptocurrencies. Meanwhile, the mayor was left red-faced after it emerged that he had failed to declare his BTC holdings last year. Even though Adams had vowed that he would not sell his digital assets during the recent bear market, he told regulators he didn’t own more than $1,000 in crypto. It remains unclear how much is in his wallet — or whether he’s still converting his paychecks.
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Fake Wallet App Downloaded 10,000 Times on Google Play, Steals $70K in Crypto 📣 A fraudulent cryptocurrency wallet app on Google Play has reportedly stolen $70,000 from users in a sophisticated scam that has been described as a world-first for targeting mobile users exclusively. The malicious app, named WalletConnect, mimicked the reputable WalletConnect protocol but was, in fact, a sophisticated scheme to drain crypto wallets. 🚫 The deceptive app managed to deceive over 10,000 users into downloading it, according to Check Point Research (CPR), the cybersecurity firm that uncovered the scam. The scammers behind the app were well aware of the typical challenges faced by web3 users, such as compatibility issues and the lack of widespread support for WalletConnect across different wallets. ☄️ They cleverly marketed the fraudulent app as a solution to these problems, taking advantage of the absence of an official WalletConnect app on the Play Store. Coupled with a slew of fake positive reviews, the app appeared legitimate to unsuspecting users. While the app was downloaded over 10,000 times, CPR’s investigation identified transactions linked to more than 150 crypto wallets, indicating the number of individuals who actually fell victim to the scam.
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