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- We are here to help the crypto community and provide the recent crypto news and market analysis by the experts. We have been in the market since 2013. ⚡️ Owner: @napoleon
Binance announced that it has appointed Grant Thornton Singapore to provide global accounting and tax advisory services. Grant Thornton is ranked as the seventh largest accounting network globally. Binance said that for the 2023 financial year alone, its entities have completed 25 audits. — link
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OpenAl co-founder Sutskever's new safety-focused AI startup SSI raises $1B
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JUST IN: 🇨🇭 Switzerland's fourth largest bank, Zurich Cantonal Bank, launches Bitcoin & Ethereum trading.
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OPEC+ Discussing a Delay to Planned Oil Output Hike in October
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Polygon developers transition MATIC token to POL — link | tl;dr
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US spot Bitcoin ETFs see $287 million in net outflows, largest negative flows since May — link | tl;dr
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Samsung Next, the investment arm of South Korean giant Samsung, announced an investment in Startale Labs, which has established a joint venture with Japanese giant Sony to jointly develop Sony's blockchain Soneium. Startale Labs provides tool services Astar Network, Soneium and Startale Cloud Services. — link
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Polymarket CEO Shayne Coplan announced that Bloomberg Terminal has officially integrated the Polymarket platform. This marks the official entry of the prediction market into the mainstream news and financial fields, gradually changing from a science fiction concept to a new normal that changes the flow of information. Currently, tens of millions of people are accustomed to relying on Polymarket's predictions as a source of information. This trend is still in its early stages. — link
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Modular blockchain project Elixir announced that its v3 testnet is now live, which is the last testnet version before the mainnet is launched. Users can now run verification nodes to provide network security. Previously in July, Elixir launched a decentralized synthetic US dollar asset deUSD to challenge Ethena's USDe, which is expected to be officially launched in September. — link
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World Liberty Financial, a crypto project associated with the Trump family, is a credit account system built on Aave and Ethereum. The project is said to be inspired by the DeFi protocol Dough Finance and plans to issue a "non-transferable" governance token called WLFI. — link
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Fidelity (FBTC) Daily BTC Flows: -162.2m: BBG
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BlockDAG latest crypto firm to score deal with major European soccer clubs — link | tl;dr
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Donald Trump-backed DeFi protocol reportedly based on Dough Finance code — link | tl;dr
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JUST IN: 🇺🇸 US Department of Justice subpoenas NVIDIA $NVDA.
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Euler returns to launch v2 modular DeFi lending protocol following 31 audits post-$197 million hack — link | tl;dr
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JUST IN: 🇨🇭$290 billion Zurich Cantonal Bank launches #Bitcoin and crypto offerings 🔥
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According to Nftplazas, the gaming company Mino Games announced that its independent card game Dimensionals will completely shift from Web3 to Web2 mode, abandoning the previous blockchain technology and NFT integration. Since its launch, the project has encountered robot fraud, DDoS attacks, and changes in the NFT market environment, which has led to a sharp drop in revenue streams. — link
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On September 3, the total net outflow of Ethereum spot ETF was 47.3994 million US dollars. Grayscale ETF ETHE outflow was 52.3103 million US dollars, and Fidelity ETF FETH inflow was 4.9109 million US dollars. Currently, the total net asset value of Ethereum spot ETF is 6.758 billion US dollars. — link
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Vitalik Buterin: 0x22…3A9D unlocked 1.268m STRK from the Starknet LockedTokenGrant contract at 13:15 UTC+8 today, worth about $470,000. Vitalik Buterin currently holds a total of 2.113m STRK, worth about $781,000, which is his most valuable token besides ETH. Vitalik Buterin is one of the early investors in StarkNet. — link
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Bitcoin spot ETF had a total net outflow of $288 million on September 3, and continued to have net outflows for 5 consecutive days. Grayscale ETF GBTC had a net outflow of $50.395 million in a single day, and Fidelity FBTC had a net outflow of $162 million. Currently, the total net asset value of Bitcoin spot ETF is $52.689 billion. — link
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NFT Evening released its latest report, and the NFT market is facing a serious recession. 96% of NFTs are considered "dead". About 43% of NFT holders are currently in a loss, with an average loss of 44.5%. The average lifespan of NFTs is only 1.14 years, which is 2.5 times shorter than the traditional crypto projects. 2023 is the year with the most NFT deaths, with nearly one-third of NFTs "dead" that year. — link
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Arthur Hayes' latest article says that in the worst case scenario, Bitcoin will slowly fall to $50,000. He will be bearish for the time being. Intervention is expected to begin in late September. Between now and then, Bitcoin will continue to fall at best, while altcoins may fall deeper. He is still long in an unleveraged manner. The only addition to the portfolio is to increase the size of the position in reliable altcoins. — link
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Penpie, a DeFi protocol built on the tokenized yield platform Pendle, was hacked, mainly LRT assets (wstETH/agETH/rswETH, etc.). Most of them were exchanged by hackers for 11,109 ETH (about $26.95 million), of which 1,000 ETH was laundered through Tornado Cash. — link
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❗️ Trump family members hacked to promote apparent crypto scam — link | tl;dr
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"They can make more real estate. They can find more gold. They can't make any more Bitcoin."
- Jack Mallers
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JUST IN: 🇺🇸 FBI warns that North Korean hackers are attempting to steal #Bitcoin and crypto funds from the ETFs 👀
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Don't be this guy, take the opportunity to stack more sats now
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NVIDIA GETS DOJ SUBPOENA IN ESCALATING ANTITRUST INVESTIGATION
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JUST IN: 🇺🇸 Over $1.05 trillion was wiped out from the US stock market today.
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