blake1 (blake1)

Overall, Geraci's remarks reflect a sense of optimism and anticipation within the cryptocurrency community, as stakeholders prepare for what could be a pivotal year in the evolution of digital finance. #ETF #DOGE

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Bitcoin accounted for a significant portion of these liquidations, with $166 million being liquidated. Ethereum also saw notable liquidations, amounting to $94.79 million. These figures highlight the volatility and rapid changes in the cryptocurrency market, impacting both long and short traders significantly.

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According to Odaily, Whale Alert has reported that at 6:44:35 UTC+8, Tether Treasury minted an additional 1 billion USDT on the Ethereum blockchain. Tether's CEO, Paolo Ardoino, clarified that this transaction is authorized but not yet issued. It is intended to serve as inventory for upcoming issuance requests and on-chain exchanges. #ETH #USDT

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According to U.Today, Stuart Alderoty, the chief legal officer at Ripple, has voiced his concerns following the U.S. Securities and Exchange Commission's (SEC) unexpected decision to halt its investigation into Ethereum. Alderoty referred to the SEC's decision as a significant victory for Ethereum studio Consensys, but expressed uncertainty about whether this implies that the company's offers and sales of the Ether token are not securities. He also noted that the legal status of Ether itself largely remains ambiguous.

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Paradigm urged ESMA to deepen its understanding of MEV and support innovative tools to address potential abuse risks. At present, there is no universally accepted method to identify which activities related to MEV are harmful or suspicious. Therefore, requiring the ecosystem to monitor and prevent essentially subjective behaviors could lead to inconsistent applications and unexpected outcomes.

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According to PANews, OpenTensor Foundation (OTF) has initiated a proposal to burn 10% of the Bittensor (TAO) supply. This move is aimed at stabilizing the token price in response to a recent vulnerability that led to token losses.

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The stakes for the hackathon are high, with the top 500 developers competing for over $200,000 in prize money, as well as the potential for millions more in grants and venture capital funding.

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