Neela

@neela

590 Following

359 Followers

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🎁 I just got a reward from Monad Box! Try your luck and earn rewards too!

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I joined the waitlist for @livmore 🧬 🧬

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New Data by Alto Highlights Growing Shift Toward Crypto Asset Diversification in IRAs The crypto industry saw its worst quarter for hacks, losing $1.64 billion across 40 incidents—a 4.7x increase from Q1 2024. The Bybit hack alone accounted for $1.46 billion, linked to North Korea's Lazarus Group. CeFi suffered 94% of losses, while DeFi hacks fell 69% YoY to $106.8 million. BNB Chain surpassed Ethereum as the most targeted network. Only $6.5 million (0.4%) of stolen funds were recovered. No fraud cases were reported, a sharp decline from last year. Immunefi remains a key player in blockchain security, paying $112 million in bounties.

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Claiming my @socialtoken airdrop and crediting @bangcode with my social airdrop

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RTFKT, Inc. Announcement: If You Have Suffered Losses in Nike NFTs Issued by RTFKT, Inc., You Are Encouraged to Contact The Rosen Law Firm About Your Rights Rosen Law Firm is investigating potential legal claims on behalf of investors who purchased Nike-themed NFTs issued by RTFKT, Inc. The investigation follows RTFKT's December 2024 announcement to wind down operations, impacting NFT holders. Investors may be eligible for compensation through a class action lawsuit. Rosen Law Firm, a leader in securities litigation, encourages affected investors to join the case. The firm has a strong track record, securing major settlements for investors worldwide. Interested parties can contact Rosen Law Firm or visit their website for more details.

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PARADISE Looks To Revolutionize Gaming Through Upcoming Launch PARADISE, a highly anticipated Web3 game, officially launches on April 2, 2025, on Epic Games, Steam, and its own platform. A playtest will be available in late March before the $PAR token IDO ends on March 31. The game has gained massive traction, with 700,000+ players and strong influencer support. Players can switch between standard and blockchain (XRPL) versions, using $PAR for in-game purchases. Unsold IDO tokens will be burned, with listings planned on major exchanges. Airdrops and rewards are available for early supporters. More details can be found on PARADISE’s official channels.

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Top Cryptocurrencies Mostly Lower; Bitcoin Falls Below $88,000 Level Bitcoin fell 2.4% to $87,115, dropping below $88,000, while Ethereum declined 1.4% to $2,166. The CoinDesk Market Index lost 1.6%, mirroring a broader crypto market decline of 1.3% to $2.88 trillion. XRP dropped 4.1%, Cardano fell 5.8%, while Dogecoin gained 1.4% and BNB rose 0.6%. Bitcoin’s 24-hour trading volume surged 41.7% to $64.1 billion. Meanwhile, U.S. Treasury yields increased, with the 10-year yield rising to 4.315%.

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Bitcoin Sees $430M in Outflows as Market Responds to Fed’s Hawkish Stance Digital asset investment saw a sharp reversal, with $415 million in outflows after 19 weeks of inflows post-US election. Bitcoin faced the heaviest losses, with $430 million in outflows, while Ethereum also saw $7.2 million in withdrawals. In contrast, Solana led inflows with $8.9 million, followed by XRP ($8.5M) and Sui ($6M). Blockchain equities remained strong with $20.8 million in inflows. The US led outflows at $464 million, while Germany ($21M), Switzerland ($12.5M), and Canada ($10.2M) saw positive inflows. Federal Reserve policy concerns contributed to the shift in investor sentiment.

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Crypto market has become ‘very confusing,’ losing all logic — Traders Crypto traders are struggling as the market deviates from historical patterns, with Bitcoin retracing despite bullish factors like Trump's pro-crypto stance. The Crypto Fear & Greed Index dropped to 54, reflecting uncertainty. Bitcoin dominance stands at 61.40%, surpassing earlier predictions. After hitting a record $109K on Jan. 20, Bitcoin faced volatility, worsened by Trump's tariff plans, leading to a record $2.24B liquidation event. Although some tariffs were paused, Bitcoin remains below $100K, currently at $97,925. Analysts believe the crypto market is still in its early stages despite concerns.

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Cboe to launch 24-hour stock trading Cboe Global Markets announced plans for 24-hour weekday trading to meet rising global demand, especially from Asia-Pacific investors. This move aligns with the growing adoption of real-world asset (RWA) tokenization, which enables 24/7 trading on decentralized exchanges. Other U.S. equities exchanges, like 24X National Exchange, are also exploring round-the-clock trading, particularly for crypto ETFs. RWAs have surged post-Trump’s election, reaching a record $17.1 billion in value. Analysts predict the RWA market could grow 50-fold to $30 trillion by 2030. Tokenized money market funds now exceed $3 billion, with major players like BlackRock and Franklin Templeton involved. Apollo Global recently launched a tokenized private credit fund with Securitize.

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Why is Ethereum (ETH) price down today? Ethereum (ETH) experienced a flash crash to $2,080, its lowest since January 2024, before recovering nearly 30% to $2,700. The drop followed a failed breakout and was triggered by a broader market sell-off after Trump’s trade tariffs. Over $626 million in ETH liquidations contributed to a 28% decline in open interest, with total crypto liquidations reaching up to $10 billion. Despite the sharp recovery, ETH lost key support levels, suggesting potential sideways consolidation below $3,000. Market sentiment remains cautious as traders await further geopolitical clarity.

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Warren probes Trump’s commerce chief pick Lutnick over Tether dealings Senator Elizabeth Warren has raised concerns over Howard Lutnick’s ties to Tether as he awaits confirmation as Commerce Secretary. She questioned his ability to prioritize public interest given Cantor Fitzgerald’s 5% stake in Tether and its role as its asset manager. Warren fears his access to Trump could influence crypto regulations and demanded answers on Tether’s compliance with AML and KYC laws by Feb. 10. Tether has been criticized for facilitating illicit activities but has also assisted law enforcement in freezing criminal funds. Warren has long pushed for stricter crypto regulations, including the controversial Digital Asset Anti-Money Laundering Act.

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Japan’s Metaplanet plans to raise $745 million via stock warrants to buy more bitcoin Japanese investment firm Metaplanet plans to raise ¥116 billion ($745.5 million) by issuing 21 million 0% discount warrants to buy bitcoin, marking the largest capital raise in Asia for BTC. The company aims to expand its bitcoin holdings to 10,000 BTC by year-end and 21,000 BTC by 2026. Metaplanet cited the yen’s depreciation and bitcoin’s record high as reasons for the move. Already holding 1,761 BTC, the firm adopted the Bitcoin Standard in 2024, driving exponential growth. Metaplanet shares rose 3.1% on Tuesday, while bitcoin reached $102,794.

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The release of DeepSeek R1 shatters long-held assumptions about AI The release of China’s open-source AI model, DeepSeek R1, has disrupted assumptions about global AI development, highlighting China's rapid progress despite U.S. chip embargoes. Venture capitalist Nic Carter emphasized that DeepSeek challenges OpenAI’s dominance and long-held views on AI scalability and costs. Despite U.S. restrictions, China leveraged domestic manufacturing and cloud platforms while relaxing AI regulations to foster innovation. This development intensifies the global AI arms race, with the U.S. and UK ramping up efforts to maintain competitiveness. President Trump announced the $500 billion "Stargate" AI initiative to boost U.S. dominance, create jobs, and build AI infrastructure. Similarly, UK Prime Minister Keir Starmer outlined plans for AI data centers to strengthen the nation’s AI capabilities.

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Silk Road creator Ross Ulbricht says there’s ‘a lot to talk about’ following Trump pardon Ross Ulbricht, the Silk Road founder tied to Bitcoin's early history, called his pardon by President Trump a "victory" and expressed gratitude after being freed from over 11 years in prison. In a video, Ulbricht said he looks forward to reuniting with his family and re-engaging with the free world. Trump issued a full pardon earlier this week, citing the Libertarian Movement's support. Ulbricht was serving multiple life sentences for creating the Silk Road, a darknet marketplace that used Bitcoin and significantly influenced the cryptocurrency's rise.

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My Spam Label by @mvr

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Linea filters over half a million Sybil addresses from upcoming token airdrop Consensys-backed Ethereum Layer 2 network Linea is filtering Sybil wallets from its upcoming airdrop distribution with the help of Nansen. Out of 1,297,203 eligible addresses, about 516,960 were flagged as Sybils, reducing eligible recipients to 780,243. Users can check their status and appeal if wrongly flagged. Linea, a zkEVM-based Layer 2 using ZK-Rollup technology, has been live since July 2023. In November, it launched the Linea Association to oversee governance and decentralize infrastructure, with a token-generation event set for Q1 2025. The token will drive governance, but design and economics details remain pending.

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Check your $DEGEN Stats. Frame by @nikolaii.eth 🚀

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