DeCenter โ€“ Blockchain and Bitcoin
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DeCenter is the #1 blockchain community in Russia with over 75 000 experts. And this is our channel for English-speaking members.

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๐Ÿ’ƒ A small group of traders made $100 million by buying the MELANIA shitcoin just minutes before Melania Trump announced its launch. Two and a half minutes before her post on Truth Social, around 20 wallets invested $2.6 million, then quickly sold during the pump.

Analysts have linked one of the wallets to Hayden Davis, who has been involved in other scammy meme tokens, including LIBRA.

The crypto project itself is registered under MKT World LLC โ€” a company Melania has used since 2021.

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๐Ÿช™ The Pectra upgrade has been successfully activated on the Ethereum network โ€” one of the bullish catalysts for ETH previously highlighted by JPMorgan.

The update introduces 11 improvements, including smart contract support for wallets (enabling easier use and recovery, as well as fee payments in various tokens), an increased staking limit to 2 048 ETH, validator process optimizations, and smart contractโ€“based withdrawal management.

Overall, these changes aim to make Ethereum more user-friendly, scalable, and accessible.

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๐Ÿ‡ช๐Ÿ‡บ Digital bank Revolut will launch Bitcoin payments via the Lightning Network in Europe.

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๐Ÿ’ฐ David Bailey, former crypto advisor to Trump, has raised $300 000 000 to launch a publicly traded cryptocurrency trading company.

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๐Ÿ‡บ๐Ÿ‡ธ Arizona has officially signed a bill to create a state cryptocurrency reserve โ€” it will be funded using unclaimed assets.

There is also a proposal under consideration to include confiscated cryptocurrency in the reserve.

Previously, the governor vetoed a bill that would have allowed state treasurers and pension systems to invest up to 10% of their funds in cryptocurrencies.

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๐Ÿ‡ง๐Ÿ‡ด Bolivia is preparing to launch a digital currency called the โ€œvirtual bolivianoโ€ to simplify international payments and preserve foreign currency reserves.

The head of the Central Bank stated that the project is being developed with support from international organizations and will be presented on August 6, the countryโ€™s bicentennial Independence Day.

Previously, Bolivia had banned the use of banks for purchasing cryptocurrencies, but after lifting the restrictions, transaction volumes doubled. The country has also started using stablecoins as a substitute for the dollar amid a foreign currency shortage.

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๐Ÿ’ธ Coinbase to Buy Crypto Options Platform Deribit in $2.9 Billion Deal.

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โ“‚๏ธ Meta in talks to deploy stablecoins three years after giving up on landmark crypto project.

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๐Ÿ“Š The largest short liquidation since 2021 has occurred โ€” over the past 24 hours, more than $700 million in positions were liquidated.

However, Binance did not fully disclose its liquidation data, so the actual figure is estimated to reach $800 million.

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๐Ÿ” The American fast food chain Steak 'n Shake will start accepting Bitcoin payments at all of its locations from May 16.

Currently, the chain has over 100 million customers.

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๐Ÿ‡ฉ๐Ÿ‡ช Law enforcement authorities in Frankfurt confiscated โ‚ฌ34 000 000, as well as the infrastructure of the cryptocurrency exchange eXch.

According to the authorities, the exchange had been used for years to launder hundreds of millions of dollars obtained through hacker breaches.

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๐Ÿ“ˆ Trumpโ€™s family-backed stablecoin USD1 is taking over BNB Chain โ€” with a market cap exceeding $2 billion, it has become the second-largest stablecoin on the network after USDT.

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๐Ÿ‡ฎ๐Ÿ‡ช Conor McGregor, who plans to run in the presidential election, is calling on Ireland to create a strategic Bitcoin reserve.

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๐Ÿ‘ Sam Altman's Worldcoin project has introduced a new version of its scanner โ€” the Orb Mini. This compact device makes it easier to collect retina scans around the world. It's designed to be portable and easy to set up.

A huge amount of biometric data has already been gathered โ€” makes you wonder where and when it will actually be used.

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๐Ÿ‡ฏ๐Ÿ‡ต Metaplanet has acquired another 1 241 BTC โ€” the company now holds 6 796 BTC ($700 million).

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๐Ÿช™ Whales continue to actively short Bitcoin:

1๏ธโƒฃ One user opened a $93 000 000 short position on BTC with 40x leverage and a liquidation price of $105 690.

2๏ธโƒฃ Another trader opened a $44 000 000 short on BTC with 40x leverage and a liquidation price of $112 660.

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โšก๏ธ China is reducing tariffs on American goods from 125% to 10% for 90 days.

The US will cut tariffs from 145% to 30% for 90 days.

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โ˜ ๏ธ The head of CryptoQuant believes that in an environment of increasing financial censorship, "dark" stablecoins may emerge โ€” resistant to freezes and operating without a central issuer.

Such solutions are already appearing in the form of algorithmic or anonymous projects, often built on technologies like Monero and Zcash.

Some major darknet marketplaces are also launching their own tokens โ€” for example, Huione Guarantee introduced USDH, a stablecoin designed to bypass regulatory oversight and asset freezes. This move followed the freezing of their USDT accounts due to alleged ties with the Lazarus hacking group.

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๐Ÿ‹ Strategy buys 13 390 Bitcoin worth $1.34 billion.

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