Tag: Blockchain Tech
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Three Wallets Hold 95% of Ondo’s BlackRock-Branded High Income Token
Ondo Finance, a prominent player in the burgeoning real-world asset (RWA) tokenization space, announced a significant milestone: its newly launched Intelligent Portfolios have accumulated over $20 million in Total Value Locked (TVL) within less than a month of their introduction. This rapid accumulation of assets underscores growing investor interest in tokenized traditional financial products, particularly…
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Bitcoin’s Midterm Election "Curse" Resurfaces Amidst Market Volatility, Prompting Cautious Analysis
Bitcoin’s historical tendency for significant price declines surrounding United States midterm elections has once again drawn attention, with analyst Ali Martinez documenting four consecutive cycles exhibiting substantial drawdowns. As the November 3 election approaches, renewed concerns about a potential market crash have emerged, although experts caution that the observed correlation does not provide definitive evidence…
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A Single Wallet Purchased Arkadiko’s Governance for $51,000 and Drained $1.09 Million
For approximately $51,000, a single cryptocurrency wallet acquired sufficient DIKO tokens to decisively influence Arkadiko’s governance vote, casting its ballot just 58 minutes before the poll concluded. The proposal faced no opposition and, within minutes of its activation, the attacker had siphoned an estimated $1.09 million from the protocol’s vaults. This incident highlights a critical…
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Argentine Federal Court Dismisses LIBRA Crypto Scandal Case Against President Milei and Key Figures
Argentina’s federal judiciary has definitively dismissed the criminal case surrounding the LIBRA cryptocurrency scandal, absolving President Javier Milei, his sister Karina Milei, and eight other individuals, including U.S. businessman Hayden Davis, of charges related to fraud, influence peddling, abuse of authority, and conflicts of interest. The 60-page ruling, issued by Federal Judge Marcelo Martínez de…
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Cronos v1.8 Mainnet Upgrade Delivers Parallel Execution, but Performance Claims Await On-Chain Validation
The Cronos blockchain, an EVM-compatible chain built on the Cosmos SDK, has successfully completed its v1.8 mainnet upgrade on October 22, integrating its parallel execution engine, Block-STM, directly into the core Cosmos SDK layer. This significant architectural shift aims to bolster the network’s processing capabilities. However, while Cronos leadership previously highlighted ambitious performance projections, including…
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Bitcoin Price Bets Fuel Record $2.7 Billion Weekly Volume in Crypto Prediction Markets on Kalshi and Polymarket
Crypto prediction markets, particularly those hosted on platforms like Kalshi and Polymarket, recently registered a combined notional volume of $2.7 billion in weekly trades, a significant milestone largely propelled by event contracts tied to Bitcoin and other short-term crypto price movements. This surge in activity underscores a growing trend within the digital asset landscape, as…
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NEAR Intents Records Monumental $10.41 Billion in Q3 Volume Amidst Scrutiny Over Lifetime Buyback Figures and On-Chain Discrepancies
NEAR Intents, a pivotal cross-chain swap layer, has reported an exceptional third quarter, processing a staggering $10.41 billion in volume. This marks a significant 66.8% increase quarter-over-quarter and an astounding 891% surge from the previous year, solidifying its position as a dominant force in the interoperability landscape. However, the impressive headline figure for transactional volume…
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Trump Announces Immediate Energy Ceasefire Between Russia and Ukraine, Details Remain Scant Amid International Skepticism
Washington D.C. – Former President Donald Trump on Sunday announced an immediate "energy ceasefire" between Russia and Ukraine, claiming both nations had agreed to halt attacks on each other’s energy infrastructure. The pronouncement, made via his Truth Social platform, stated the arrangement would take effect immediately but offered no specific terms, duration, or details regarding…
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The Collapse of Blast and ZeroLend: A Stark Warning on the Pitfalls of Airdrop-Driven Growth Strategies
The digital ledger network Blast, which once boasted a Total Value Locked (TVL) exceeding $2 billion, has announced its imminent shutdown, with recent data from DefiLlama revealing its 24-hour chain revenue plummeted to a mere $110. This precipitous decline, representing roughly the cost of a decent pair of athletic shoes, underscores a critical and often…
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Bitcoin Plunges to $80,400 Weekly Low Amid Broad Crypto Sell-Off, While NEAR Protocol and Monero Demonstrate Relative Resilience in a Volatile Market.
The cryptocurrency market experienced a notable downturn early in the week of October 7th, culminating in Bitcoin (BTC) dropping to a weekly low of approximately $80,400 on October 8th. This sharp decline represented an acceleration of a broader crypto market sell-off, which saw the flagship digital asset shed nearly $7,000 from its earlier weekly highs.…
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