A new bill introduced to Parliament in the UK would classify cryptocurrencies as "personal property", clarifying their status in disputes. - Protos
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Osmosis launches cross-chain token portal 'Polaris,' expanding beyond Cosmos roots — link | tl;dr
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BNB Chain announces the latest winner of its "Meme Heroes" program. Simon's Cat (CAT) will receive $50,000 in liquidity pool support. The “Meme Heroes” initiative is designed to empower meme projects by providing liquidity pool support. Projects participating in the selection must verify their token source code on BscScan or undergo a security audit. — link
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Huma Finance announced the completion of a $38 million financing round, which includes $10 million in equity investment and $28 million in real-world assets (RWA) investment. The round was led by Distributed Global, with participation from Hashkey Capital, Folius Ventures, and others. Huma will use these funds to expand its blockchain-based PayFi platform and plans to extend to the Solana and Stellar Soroban smart contract networks in the coming months. —link
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Ethereum community defends Vitalik Buterin’s Layer 2 vision, with Offchain Labs’ Steven Goldfeder addressing misconceptions and reaffirming alignment with Ethereum's 2020 rollup-centric roadmap. - Cryptonews
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Ethereum's stablecoin volume has soared to a record $1.46 trillion, doubling from $650 billion earlier this year. DAI leads with $960 billion, reflecting strong demand for DeFi, but ranks behind USDT and USDC when adjusted for potential wash trading and high transfer frequency. - The Block
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Trump-Harris debate ignores crypto, despite $14M in Polymarket bets on a Bitcoin mention. - DL News
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According to Cyvers Alerts, Indonesian crypto exchange Indodax was suspected to be attacked, and more than 150 suspicious transactions were detected, with a total loss of $18.2 million. Suspicious addresses were exchanging tokens for ETH. SlowMist found that it was not the hot wallet private key that was leaked, but other systems that were attacked, such as the signature machine. — link
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Coinbase teases cbBTC logo a month after initial reveal, increasing speculation of imminent launch: X
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JUST IN: 🇬🇧 UK introduces bill to officially and legally recognize cryptocurrency as personal property.
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UK Government introduces bill to recognise crypto as personal property, give owners greater legal protection: Coindesk
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JUST IN: 🇮🇳 India leads in global crypto adoption for the second year in a row, Reuters reports.
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Bankman-Fried's ex-girlfriend Ellison urges judge to spare her prison for FTX fraud - RTRS: Terminal
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JUST IN: 🇦🇪 $800 billion Standard Chartered bank launches #Bitcoin and crypto custody service in the UAE 💪
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The U.S. seasonally adjusted core CPI for August increased by 0.3% month-on-month, with an expected 0.20% and a previous value of 0.20%. The unadjusted CPI year-on-year for August was 2.5%, with an expected 2.6% and a previous value of 2.9%.
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Polymarket shows that after the debate, Harris's chances of winning increased by 4%, and now both Harris and Trump are at 49%. QCP points out that the absence of a clear frontrunner in this election, coupled with the murky policy stances from both parties, heightens the possibility of a risk-off move in risk assets as we approach Election Day. — link
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Eigen Labs unveils its updated EigenLayer Security Model, outlining how it empowers AVSs with efficient operations and economically aligned incentives ahead of its 'Slashing' protocol release, based on three core concepts. - blog.eigenlayer.xyz
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Binance introduces a new tokenomics feature in partnership with CoinMarketCap, providing token unlock and vesting data to help users make informed trading decisions. - decrypt.co
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U.S. lawmakers clash over DeFi in first Congressional hearing, with Republicans advocating for financial freedom and Democrats raising concerns about crime and scams. - CoinTelegraph
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Indonesian crypto exchange Indodax hit by a hack, losing around $22 million from hot wallets. - 𝕏/@SlowMist_Team
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Socket and ZeroDev come together to launch Magic Accounts. Magic Accounts enable unified balances across chains, zero bridging latency, and no need for native gas tokens - 𝕏/@socketprotocol
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