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Crypto NewsPaper 🗞️
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Crypto NewsPaper 🗞️
📰 AAVE Tops DeFi as Market Survives Bearish August

📰 August was a bearish month for the cryptocurrency market, especially because of the Aug. 5 decline. While the market attempted to recover the rest of the month, another downturn followed in the final week of August.

🎙Nevertheless, some categories and projects within them have been more resilient than others. More specifically, the Decentralized Finance basket fell by single digits, while its best performer, Aave (AAVE), had a positive rate of increase.

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📰 NFT Sales Drop 7.91% as Buyers and Sellers Pull Back Sharply

📰 Over the past seven days, non-fungible token (NFT) sales have dipped once again, sliding 7.91% compared to the previous week.

👀 The number of NFT buyers has taken a notable hit, plummeting 73.46%, and sellers are following suit, down 61.18% from last week.

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📰 PancakeSwap plans v4 update following $836B trading volume milestone

📰 Decentralized exchange PancakeSwap has reported $836 billion in cumulative trading volume and a total value locked (TVL) of about $1.72 billion in four years of operation.

📰 PancakeSwap held about $1.72 billion in total value locked as of Sept. 20, which has decreased over the years, from an all-time high of $7.16 billion on May 4, 2021, according to DefiLlama. On March 30, PancakeSwap’s TVL was about $2.42 billion and has been dropping since.
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BlackRock calls Bitcoin a ‘unique diversifier’ in document sent to clients

Asset manager BlackRock sent a 9-page document to its clients on Sept. 18 that portrays Bitcoin (BTC) as a “unique diversifier” for portfolios.

The document highlighted the characteristics that make Bitcoin distinct from traditional asset classes on any long-term basis and suggested a “modest allocation.”

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📰 Giko Cat, inSure DeFi and Sudeng coins exhibit double-digit gains as Solana struggles

👀Giko Cat, Sudeng and inSure DeFi emerged as the top gainers in the last 24 hours with a double-digit surge.

ℹ️ CoinGecko data shows that while top coins like Ethereum (ETH) and Solana (SOL) are recovering with a 1-3% surge after the recent dump, some meme coins pulled off double-digit gains.

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📰 Ubisoft Reveals Release Date for ‘Champions Tactics’ NFT Game

📰 Gaming giant Ubisoft announced Thursday that it will release Champions Tactics: Grimoria Chronicles, its first original blockchain game, on October 23. The tactical PC role-playing game will be launched on the Oasys Home Verse gaming network.

ℹ️ The game allows players to assemble teams of "Champions"—digital collectibles with unique abilities—to engage in player-versus-player battles in a dark fantasy setting.

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📰 MicroStrategy eyes trillion-dollar valuation in bitcoin bank endgame, Michael Saylor tells Bernstein

📰 MicroStrategy has aggressively acquired bitcoin since 2020, leveraging debt and equity to maximize returns and outperform many traditional investments.

📰 The firm’s latest purchase of 7,420 announced last month took its holdings to 252,220 BTC, currently valued at just over $15 billion, against a total cost of around $9.9 billion and $4 billion worth of debt.

✔️ That’s the equivalent of 1.2% of bitcoin’s total 21 million supply — making MicroStrategy the largest corporate bitcoin holder in the world.

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📰 Daily NFT Sales Jump 30% As Ethereum & Bitcoin NFTs Explode In Sales Volume

📰 The global non-fungible token market has surged in trading sale volume today after non-fungible token collections created on the Ethereum and Bitcoin blockchain networks exploded in sales volume.

🟢In the past 24 hours, the Ethereum and Bitcoin NFT trading sales volume has surged +25%, showcasing that the global NFT market is still staged for higher volumes before the end of 2024.

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📰Winklevoss-backed DeFi platform launches after $6.9M investment round

📰 Azura, a new all-in-one crypto application aggregation layer, has launched with support from some of the most notable crypto founders.

📰 Azura, which brands itself as an onchain interfacing layer, launched on Oct. 22, aims to lower the entry barrier for new investors and enable them to trade any asset via decentralized finance (DeFi) applications.

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📰 Vitalik Buterin says The Purge can help reduce Ethereum’s complexity and storage requirements

📰 One of the problems of Ethereum, or any blockchain, is that it grows in size over time. This means an increase in the complexity of its code and its storage requirements.

💬A blockchain must retain all the data throughout its history which needs to be stored by all clients and downloaded by new clients. This leads to a constant increase in client load and sync time.

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📰 In October 2024, crypto venture capital investments totaled $782 million

👀 October saw a 28.8% increase from September, despite a 3% drop in the number of investment rounds.

✔️Infrastructure projects led with $249 million, followed by gaming ($92.5 million) and DeFi ($88.8 million).

✔️Blockstream secured the largest funding at $210 million for Layer-2 tech and mining expansion.

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There'll be many 100X or even more Gems on Solana this cycle and I think I've found something to position you early.

TAB is the native token of Dextab, an hybrid platform between a CEX and a DEX, you can easily trade your own way and enjoy limit orders, stop loss orders, and target orders!

Talk about the whole package, this is it. Not just that, you can swap, and stake. The staking feature has a massive profit of 20% on your staking portfolio for just 20 days.

Head over here to position early.

Dexscreener:
https://dexscreener.com/solana/8EgtDhfHqgyVvJSQVvuxvFCfcLzzsdy18hkDJMi7q9gP

TG: https://t.me/TabManCoin
Dextab: https://dextab.io
Website: https://www.tabman.io
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📣 Breaking News 🚨 The Somnia Devnet is LIVE! Experience the fastest and most cost-efficient EVM Layer 1 during public testing hours! Capable of processing 400,000+ transactions per second with sub-second finality, Somnia’s Multistream Consensus introduces unparalleled speed and scalability 🔥

With advanced sequential execution and compression algorithms, it’s perfect for powering real-time applications in gaming, social, metaverses, finance, and more—all fully on-chain ⚡️

Now, with the launch of the Somnia Devnet, the future of mass-consumer blockchain applications is here!

Join the Somnia Devnet Galxe campaign & earn rewards now 👉 https://bit.ly/SM-DVN-CP-GX
Galxe
Somnia Devnet Odyssey - Week 1 by Somnia Network | Galxe Quest
Join Somnia Devnet Odyssey - Week 1 by Somnia Network on Galxe. Earn rewards to enhance your web3 presence and reputation.
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📰 McDonald’s Is Trying to Bring Back NFTs

🔠 McDonald’s will soon feature cartoon animation-style characters on its McCafe coffee cups for a limited time. That’s not particularly odd.

📍 But in this case, the animated characters are from Doodles, the web3 project. And it’s just the latest sign that some people are trying to bring back the NFT fad after a very brief but loud explosion in the tech scene a few years ago.

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📰 Gary Gensler, the chair of the U.S. Securities and Exchange Commission (SEC), has announced his resignation, effective early 2025

📰 This move comes as the U.S. transitions to a new presidential administration following Donald Trump’s election victory.

❕ Gensler's tenure was marked by his strong regulatory stance on cryptocurrencies, leading to multiple high-profile enforcement actions against crypto companies.

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📰 Metaplanet continues to emulate MicroStrategy with planned $62M Bitcoin expansion

📰 Tokyo-listed investment firm Metaplanet plans to raise 9.5 billion yen (approximately $62 million) to strengthen its Bitcoin portfolio. In a Nov. 28 statement, the company revealed that the funds will be raised through its 12th Series Moving Strike Stock Acquisition Rights.

🔴 These rights will be allocated to EVO FUND via third-party allotment between Dec. 17, 2024, and June 16, 2025.

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📰 Putin says Bitcoin is inevitable, endorses BTC over US dollar as global reserve currency

✔️ Russian President Vladimir Putin said Bitcoin (BTC) and digital currencies are unstoppable, positioning them as key tools for reducing financial inefficiencies and enhancing economic stability.

✅ Putin made the statements at the Investment Forum in Moscow on Dec. 4, where he argued in favor of Bitcoin as a global reserve asset over the US dollar.

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📰 Australia intensifies crypto ATM oversight to curb money laundering risks

📰 The Australian Transaction Reports and Analysis Centre (AUSTRAC) has intensified efforts to enforce Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF) regulations among crypto ATM providers.

✔️Despite the country having around 400 registered crypto exchanges, only a small portion operate crypto ATMs. This gap leaves a significant share of Australia’s 1,200 crypto ATMs potentially non-compliant.

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📰 MetaWin launches much anticipated NFT Collection: Launch sells out in hours

✔️ Metawin.com, the pioneering Web3 gaming & prize draw platform, proudly announces the successful mint and complete sell-out of its much-anticipated MetaWinners NFT collection.

✔️The MetaWinners NFT collection is a super premium collection of 10,000 individual art pieces, designed by Terraform Labs, the top concept art studio behind projects such as Transformers: Rise of the Beasts, Avatar 2, Thor and Destiny 2.

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📰 DeFi lending platform with ‘smart leverage’ sees five-fold TVL, buys back 4M tokens

Decentralized finance (DeFi) needs to tackle a set of challenges before going fully mainstream, starting with high collateral demands, volatile markets and inefficient leveraging mechanisms.

Creating a barrier to broader adoption, these issues hinder accessibility and expose users to unnecessary risks.

DeFi leasing, where users control assets with a fraction of their cost upfront, provides a blueprint for making DeFi more inclusive by lowering the financial barriers to entry.

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Pudgy Penguins NFT users targeted by malicious Google ad campaign

A sophisticated phishing campaign has been uncovered, targeting users of the Pudgy Penguins NFT project through malicious Google Ads.

The attack uses advanced mechanisms to exploit vulnerabilities in Web3 wallets and ad networks, exposing unsuspecting users to significant risks.

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