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Welcome to our official updates, news, and content-only channel! To chat with the community, head to @CoinMarketCap (https://coinmarketcap.com/alexandria/article/coinmarketcap-official-social-channels)

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CoinMarketCap Announcements

🚀 Excited to announce a new addition to #CMCLabs!

Welcome to the CMC Accelerator Program, XYRO! We're stoked to have you on board 🎉

We're bullish on XYRO and believe they'll make a mark in GameFi!

Find out more: https://coinmarketcap.com/academy/article/xyro-selected-as-incubatee-of-cmc-labs-coinmarketcaps-web3-accelerator-program

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CoinMarketCap Announcements

Layer-2 Network Base Reaches Key Milestone, Surpassing 1M Daily Active Addresses
https://coinmarketcap.com/academy/article/layer-2-network-base-reaches-key-milestone-surpassing-1m-daily-active-addresses

Coinbase's Layer-2 network, Base, has reached a significant milestone, surpassing 1 million daily active addresses amid a surge in the registration of new "basenames" on its blockchain.

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CoinMarketCap Announcements

DeFi Protocol Maker Rebrands as Sky, Dai Stablecoin is Now USDS
https://coinmarketcap.com/academy/article/defi-protocol-maker-rebrands-as-sky-dai-stablecoin-is-now-usds

Maker Protocol, the DeFi lending platform, has officially rebranded itself as Sky and introduced a new suite of upgrades.

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CoinMarketCap Announcements

Tune in to our CMC Live in Spanish! 🇪🇸

🎙 [CMC Live] Lo Último en TON: Airdrop de DOGs y más.

🔥 El fundador de Telegram, ha sido detenido por las autoridades francesas, mientras que DOGS, realizó su tan esperado airdrop.

📍LIVE NOW!
https://coinmarketcap.com/community/es/post/339430406/

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CoinMarketCap Announcements

Celsius Distributes Over $2.5 Billion to Creditors in Bankruptcy Case
https://coinmarketcap.com/academy/article/celsius-distributes-over-dollar25-billion-to-creditors-in-bankruptcy-case

In a significant development in the Celsius bankruptcy case, the crypto lender's administrator has distributed over $2.53 billion to more than 251,000 creditors.

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CoinMarketCap Announcements

Vitalik Buterin Questions DeFi's Long-Term Viability, Sparks Debate in Ethereum Community
https://coinmarketcap.com/academy/article/vitalik-buterin-questions-defis-long-term-viability-sparks-debate-in-ethereum-community

MediaEthereum has faced its share of criticism about whether decentralized finance (DeFi), one of the main use cases, has genuine long-term value.

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CoinMarketCap Announcements

EigenLayer’s EigenDA Expands Support for Native Token Restaking in L2 Networks
https://coinmarketcap.com/academy/article/eigenlayers-eigenda-expands-support-for-native-token-restaking-in-l2-networks

EigenDA, the data availability protocol developed by EigenLayer, has announced an expansion of its services to support native token restaking for layer-2 scaling networks.

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CoinMarketCap Announcements

Bitcoin Stagnates as Analysts Warn of Imminent Price Correction
https://coinmarketcap.com/academy/article/bitcoin-stagnates-as-analysts-warn-of-imminent-price-correction

Bitcoin (BTC) grinded downwards following the Wall Street open on August 26, as analysts issued warnings of a possible short-term price correction.

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CoinMarketCap Announcements

Hong Kong's Bitcoin Spot ETFs Surpass HKD$2B in Assets
https://coinmarketcap.com/academy/article/hong-kongs-bitcoin-spot-etfs-surpass-hkddollar2b-in-assets

Hong Kong's spot Bitcoin exchange-traded funds (ETFs) have achieved a significant milestone, surpassing 2 billion Hong Kong dollars.

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CoinMarketCap Announcements

Telegram Co-Founder Pavel Durov Arrested in France, TON Plummets 18%
https://coinmarketcap.com/academy/article/telegram-co-founder-pavel-durov-arrested-in-france-ton-plummets-18percent

Pavel Durov, the co-founder and CEO of Telegram, was detained in France on Saturday after arriving on his private jet from Azerbaijan.

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CoinMarketCap Announcements

If you speak Spanish 🇪🇸 and would like to know more about TON ecosystem, join us LIVE NOW!

🎙️ ¿Qué sucede en el ecosistema de Ton? AirDrops y más

Link: https://coinmarketcap.com/community/es/live/339205194/

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CoinMarketCap Announcements

Crypto Hacks Lead to Long-Term Price Declines, Immunefi Report Reveals
https://coinmarketcap.com/academy/article/crypto-hacks-lead-to-long-term-price-declines-immunefi-report-reveals

According to a recent security report, most cryptocurrencies struggle to recover in value following hacks.

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CoinMarketCap Announcements

Ethereum Spot ETFs Face Record Outflows Amid Grayscale Exodus
https://coinmarketcap.com/academy/article/ethereum-spot-etfs-face-record-outflows-amid-grayscale-exodus

The U.S. spot Ethereum (ETH) ETFs have experienced five consecutive days of outflows, in contrast to spot Bitcoin (BTC ETFs, which marked the fifth consecutive day of net inflows.

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CoinMarketCap Announcements

SunPump Surpasses $1.1 Million in Revenue on Tron Blockchain
https://coinmarketcap.com/academy/article/sunpump-surpasses-dollar11-million-in-revenue-on-tron-blockchain

SunPump, a memecoin platform on the Tron blockchain, has generated over $1.1 million in revenue just 11 days after its launch.

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CoinMarketCap Announcements

BlackRock's Ethereum ETF Surpasses $1 Billion in Net Inflows
https://coinmarketcap.com/academy/article/blackrocks-ethereum-etf-surpasses-dollar1-billion-in-net-inflows

BlackRock's spot Ethereum (ETH) ETF, the iShares Ethereum Trust ETF (ETHA), has exceeded $1 billion in net inflows.

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CoinMarketCap Announcements

Ethereum Foundation Reveals 2023 Spending Breakdown Amid Community Scrutiny
https://coinmarketcap.com/academy/article/ethereum-foundation-reveals-2023-spending-breakdown-amid-community-scrutiny

Ethereum co-founder Vitalik Buterin and Ethereum Foundation spokesperson Josh Stark provided a detailed account of the Foundation's 2023 expenditures.

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CoinMarketCap Announcements

Sony Launches Testnet and Incubation Program for its Ethereum Layer-2 Soneium
https://coinmarketcap.com/academy/article/sony-launches-testnet-and-incubation-program-for-its-ethereum-layer-2-soneium

Sony Group's blockchain subsidiary has officially launched the "Minato" testnet for its Ethereum Layer-2 blockchain, Soneium.

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CoinMarketCap Announcements

AI Crypto Tokens’ Market Cap Surge as Nvidia Is Set to Announce Earnings
https://coinmarketcap.com/academy/article/ai-crypto-tokens-market-cap-surge-as-nvidia-is-set-to-announce-earnings

The market capitalization for artificial intelligence (AI) and big data cryptocurrency projects has experienced a remarkable surge, climbing by 79.7% over the past three weeks.

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CoinMarketCap Announcements

Tune in to our CMC Live in French! 🇫🇷

🎙 [CMC Live] La décentralisation de Bitcoin est-elle menacée ?

🔥ICP et Cointribune s'allient et présentent un podcast sur les enjeux de la décentralisation.

📍LIVE NOW!
https://coinmarketcap.com/community/fr/post/339205586/

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CoinMarketCap Announcements

Russia to Launch Cryptocurrency Exchange Trials for Cross-Border Payments Starting September 2024
https://coinmarketcap.com/academy/article/russia-to-launch-cryptocurrency-exchange-trials-for-cross-border-payments-starting-september-2024

Moscow, Russia - In a move to circumvent Western restrictions, the Russian government has announced plans to launch regulated trials of cryptocurrency exchanges for cross-border payments.

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CoinMarketCap Announcements

NFT Sales Rebound on Major Blockchains After Prolonged Decline
https://coinmarketcap.com/academy/article/nft-sales-rebound-on-major-blockchains-after-prolonged-decline

MediaAfter declining throughout 2024, the weekly sales volumes of non-fungible tokens (NFTs) on some of the leading blockchains for digital collectibles have finally turned positive.

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CoinMarketCap Announcements

PayPal's Stablecoin PYUSD Surpasses $1 Billion in Market Cap
https://coinmarketcap.com/academy/article/paypals-stablecoin-pyusd-surpasses-dollar1-billion-in-market-cap

PayPal’s stablecoin, PayPal USD (PYUSD), has reached a significant milestone, surpassing $1 billion in total market capitalization, according to CoinMarketCap.

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CoinMarketCap Announcements

Toncoin (TON) Could See Rebound Following Sharp Decline After Durov’s Arrest
https://coinmarketcap.com/academy/article/toncoin-ton-could-see-rebound-following-sharp-decline-after-durovs-arrest

Toncoin (TON) experienced a significant drop in value over the past 24 hours, plummeting as much as 21% to $5.33 on August 25.

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CoinMarketCap Announcements

Robert F. Kennedy Jr. Suspends Presidential Campaign, Backs Donald Trump
https://coinmarketcap.com/academy/article/robert-f-kennedy-jr-suspends-presidential-campaign-backs-donald-trump

Robert F. Kennedy Jr. revealed that he is suspending his independent bid for the White House to endorse former President Donald Trump.

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CoinMarketCap Announcements

Bitcoin Faces Potential ‘Bart Simpson’ Move Amid Market Caution
https://coinmarketcap.com/academy/article/bitcoin-faces-potential-bart-simpson-move-amid-market-caution

Bitcoin (BTC) is currently hovering around $63,840 as of August 26, after a surge to $64,800 in the early morning of the Asian trading session.

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CoinMarketCap Announcements

NFT Marketplace Magic Eden Revamps Token Strategy with ME Token Launch
https://coinmarketcap.com/academy/article/nft-marketplace-magic-eden-revamps-token-strategy-with-me-token-launch

Magic Eden announced plans to launch the ME token through the rebranded ME Foundation.

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CoinMarketCap Announcements

Franklin Templeton's OnChain FOBXX Fund Now on Avalanche Network
https://coinmarketcap.com/academy/article/franklin-templetons-onchain-fobxx-fund-now-on-avalanche-network

Franklin Templeton, a leading asset manager, has launched its Nasdaq-listed OnChain U.S. Government Money Fund (FOBXX) on the Avalanche blockchain.

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Bitcoin Spot ETFs See Fifth Day of Net Inflows
https://coinmarketcap.com/academy/article/bitcoin-spot-etfs-see-fifth-day-of-net-inflows

U.S. spot Bitcoin ETFs attracted $39.5 million on Wednesday, showing robust demand for these ETFs despite market uncertainty.

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Tether to Launch Stablecoin Pegged to UAE Dirham
https://coinmarketcap.com/academy/article/tether-to-launch-stablecoin-pegged-to-uae-dirham

Tether, the major stablecoin issuer, has announced plans to create a new stablecoin linked to the United Arab Emirates Dirham (AED).

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Value of Most Expensive NFTs Plummet as NFT Winter Continues
https://coinmarketcap.com/academy/article/value-of-most-expensive-nfts-plummet-as-nft-winter-continues

The once-booming market for non-fungible tokens (NFTs) has cooled significantly from its peak when digital artwork captivated global attention.

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