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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
Ethena's USDe stablecoin has recently emerged as the third-largest stablecoin globally, surpassing DAI and breaching a circulating supply of $5 billion. - research.artemis.xyz : Leviathan News
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Major shifts in crypto technology, feat. @LogarithmicRex - 𝕏/@leviathan_news : Leviathan News
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Tren Finance announces liquidty generation event for the 17th of Dec. - blog.tren.finance : Leviathan News
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LayerZero will be holding a referendum to turn on a fee switch on December 19th. - 𝕏/@RisitasCapital : Leviathan News
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Magic Eden launches ecosystem token ME — link | tl;dr : unfolded. DeFi
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Bitcoin mining company MARA raised funds through zero-interest convertible bonds and purchased 11,774 bitcoins at a price of approximately $96,000 per bitcoin, with a total amount of approximately $1.1 billion. As of December 9, 2024, MARA holds a total of 40,435 bitcoins. — link : Wu Blockchain News
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Video explainer of redemptions in Liquity v2 - Youtube : Leviathan News
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MARA has acquired 11,774 BTC for ~$1.1 billion at ~$96,000 per Bitcoin — link : unfolded.
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10 Sets of Data to Understand Hyperliquid
Hyperliquid has amassed $1.58 billion USDC in assets. The airdrop distributed 274 million HYPE tokens, driving the token’s market cap to $4.75 billion and its FDV to $14.2 billion. Hyperliquid's futures open interest has grown 58.5% to $3.55 billion, and its daily trading volume hit a record $9.79 billion. Its Assistance Fund, backed by USDC trading fees, has repurchased 567,083 HYPE tokens and generated $82 million in profit, while the Hyperliquid Provider Vault (HLP) has earned $45 million in PnL gains with a 34% APR. With estimated annual revenue of $94.41 million, Hyperliquid is now one of the most profitable crypto protocols. Read more — link : Wu Blockchain News
Cryptocom, a cryptocurrency exchange, announced a strategic partnership with Deutsche Bank, a global leader and Germany's largest bank. Deutsche Bank will provide corporate banking services to Cryptocom in Singapore, Australia and Hong Kong, and plans to expand support in the future. — link : Wu Blockchain News
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South Korea passed a bill to delay the taxation on cryptocurrencies until 2027 : unfolded.
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Binance will launch RAY, KOMA, VIRTUAL and SPX U perpetual contracts on December 10, 2024, with leverage up to 75x. KOMA, VIRTUAL and SPX have not yet been listed for spot trading. KOMA is a dog-themed Memecoin on BNB Chain; Virtuals Protocol is an AI Agents launch platform on the Base; SPX is a Memecoin on Ethereum. — link : Wu Blockchain News
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Binance will list Magic Eden (ME) with seed tag. Trading will be open on December 10, 2024 at 23:00 (UTC+8). Magic Eden is a multi-chain NFT marketplace. — link : Wu Blockchain News
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According to Lookonchain, one address turned $3,000 into $73 million by trading PEPE tokens, with a return on investment of 24,656x. It invested about $3,000 on April 15, 2023 to buy 4.91 trillion PEPE. It has sold 3.03 trillion PEPE and earned $27.5 million. It still holds 1.88 trillion PEPE ($45.66 million), with a total profit of $73 million. — link : Wu Blockchain News
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BounceBit's CeDeFi platform expands into Real World Assets, launching with Ondo Finance's USDY vault that offers institutional-grade yields (4.65% APY, $450M+ TVL) with boosted BB rewards. This first rollout introduces treasury-backed assets to the platform, while the second rollout in Q1 2025 will bring both traditional and exotic RWA assets to BounceBit Chain, featuring mint/burn capabilities, clearing mechanisms, and RWA collateralization for compound yields. — link : Wu Blockchain News
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Ethena's USDe stablecoin has recently emerged as the third-largest stablecoin globally, surpassing DAI and breaching a circulating supply of $5 billion — link : unfolded. DeFi
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South Korea passes bill to delay crypto taxation to 2027. - n.news.naver : Leviathan News
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In the last 24h over 1.07b where liquidated on hyperliquid. - stats.hyperliquid.xyz : Leviathan News
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LayerZero will be holding a referendum to turn on a fee switch on December 19th — link : unfolded. DeFi
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Tether announced that its stablecoin USDT has been recognized as an "accepted virtual asset" (AVA) by the Financial Services Regulatory Authority of the Abu Dhabi Global Market (ADGM), the capital of the United Arab Emirates. This recognition covers USDT on the three major blockchains of Ethereum, Solana and Avalanche. — link : Wu Blockchain News
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Chainlink Labs announced today that it is expanding its presence in the Middle East and North Africa (MENA) region, including setting up an office and establishing an entity in Abu Dhabi under the Registration Authority of ADGM. - Prnewswire : Leviathan News
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Ethereum rollup Fuel unveils native token to decentralize its chain — link | tl;dr : unfolded. DeFi
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Tether’s USD₮ recognized as Accepted Virtual Asset in Abu Dhabi Global Market (“ADGM”) — link : unfolded.
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Binance Customer Support said that the inscription market integrated into the Binance wallet has been removed. Users are currently unable to buy and sell inscription assets. In February this year, Binance launched the inscription market, supporting BRC20 and others. — link : Wu Blockchain News
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Bithumb, the second largest exchange in South Korea, announced that it will launch the Korean won trading pairs of SynFutures (F) and Magic Eden (ME). F supports the Ethereum network, ME supports the Solana network, and F is the governance token of the decentralized derivatives trading platform SynFutures. — link : Wu Blockchain News
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South Korea's largest exchange Upbit announced that it will launch Magic Eden (ME) token trading, supporting three trading pairs: KRW, BTC and USDT. ME tokens will be open for deposits and withdrawals at 23:00 local time on December 10, and only support deposits and withdrawals through the Solana network. — link : Wu Blockchain News
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Frax finance supercharges Visi¤n roadmap week (Dec 11–16), igniting unstoppable decentralized synergy, hyper-real liquidity flows, and exponential Defi growth. - 𝕏/@fraxfinance : Leviathan News
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From $3K to $73M.
Legendary PEPE trader nets a 24,656x return and cashes out millions before the dip! - 𝕏/@lookonchain : Leviathan News
South Korea's National Assembly has approved the postponement of cryptocurrency taxation until 2027.
As previously reported, South Korea plans to impose a 20% tax on cryptocurrency gains (22% as local tax), which was originally scheduled to take effect on January 1, 2022. Due to strong opposition, the plan has been postponed twice to January 1, 2025. — link : Wu Blockchain News