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โšก๏ธ #1 channel about blockchain, cryptocurrencies, and decentralized finance. ๐Ÿ‘‰ Admin: @jonnesnow
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๐Ÿš€ Bitdeer's Acquisition of Desiweminer: Expanding Horizons in ASIC Design

๐Ÿ’ช Bitdeer (Nasdaq: BTDR) is taking a bold step forward with its recent acquisition of Desiweminer, an ASIC designer renowned for its cutting-edge chip designs tailored for ultra-fine 4nm processes. This move comes after an extensive ten-month evaluation, highlighting the strategic significance of this deal.

๐Ÿ”ฌ By integrating Desiweminer's talented team into its Singapore operations, Bitdeer aims to supercharge product development and solidify its position in the fiercely competitive semiconductor market. Linghui Kong, Bitdeer's chief business officer, lauds Desiweminer's impressive track record and their presence of nearly 30,000 high-performance machines worldwide.

๐Ÿ’ฐ This news comes hot on the heels of Bitdeer securing a hefty $100 million investment from Tether, the global leader in stablecoin issuance. Moreover, their ongoing collaboration with Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract semiconductor manufacturer, further underscores their commitment to innovation.

โšก๏ธ "By harnessing these advanced technologies," Kong declares, "we are poised to elevate our existing product lineup and push the boundaries of ASIC technology and efficiency." Despite a slight dip in Bitdeer shares on Wednesday, the past five days have seen a remarkable surge of over 17% against the U.S. dollar โ€“ a testament to investors' confidence in this forward-looking venture.

In the dynamic realm of cryptocurrency mining, Bitdeer's acquisition of Desiweminer signals not just a strategic move but also a resounding commitment to staying at the forefront of ASIC design innovation.

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๐Ÿš€ Polygon Labs Expands Zero-Knowledge Arsenal with Toposware Acquisition

๐Ÿ”’ In a bold move to bolster its zero-knowledge prowess, Polygon Labs has acquired Toposware, a rising star in the field. This strategic union comes hot on the heels of Polygon's groundbreaking Type 1 ZKEVM prover release, signaling their unwavering commitment to cutting-edge cryptographic solutions.

๐Ÿค The collaboration is set to turbocharge progress on multiple fronts, as Toposware's talented team joins forces with Polygon's existing ZK experts. From the AggLayer to the Polygon CDK and the mighty ZKEVM, this dream team aims to revolutionize scalability and security across blockchain networks.

๐Ÿ’ฐ But it's not just about geeky tech wizardry. Polygon is keenly aware of the bottom line, highlighting Toposware's track record of slashing transaction costs for Ethereum users. With this acquisition, expect even more cost benefits and efficiency gains in proving blocks on the world's second-largest blockchain.

โšก๏ธ Looking ahead, Polygon's ambitious plans for its PoS network get an extra boost from this acquisition. As they continue to snap up top-notch zero-knowledge talent (remember Hermez and Mir?), Polygon solidifies its position as a true trailblazer in blockchain innovation.

While the financial nitty-gritty remains under wraps, one thing is clear: Polygon Labs means business when it comes to zero-knowledge tech โ€“ and they're not slowing down anytime soon.

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๐Ÿ” Bitcoin's Scaling Dilemma: Binance Report Unveils Challenges and Promising Solutions

๐Ÿ“ˆ BTC Transaction Fees Soar: From $1.50 to $9.50 in just two years, Bitcoin's transaction fees are skyrocketing, underscoring the urgency for scalability.

๐Ÿ”„ Innovations Ignite Hope: Ordinals inscriptions, BRC20 tokens, and the Runes protocol are stirring discussions on scalability, signaling a shift towards a more robust Bitcoin network.

๐Ÿš€ Ethereum Leads L2 Adoption: With 10% TVL in layer two solutions, Ethereum outshines Bitcoin's meager 0.13%, highlighting untapped potential for growth.

๐ŸŒ‰ Building Trustless Bridges: Trustless two-way bridges and collaboration incentives are key to scaling Bitcoin while maintaining its secure base layer.

โšก๏ธ Beyond Lightning Network: While Lightning Network shines, it's just one facet of a diverse range of solutions like sidechains and zero-knowledge rollups enhancing Bitcoin's throughput.

๐Ÿ’ก Adapting to DeFi Surge: Embracing defi primitives and advanced trading protocols is crucial as Bitcoin faces mounting pressure from a growing mempool and rising fees.

๐Ÿ”ฎ Future Lies in L2 Innovation: Zero-knowledge rollups and other cutting-edge L2 technologies hold the key to unlocking Bitcoin's full scalability potential.

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๐Ÿš€ Bitcoin Hashrate Soars, Setting New Records Amidst Market Volatility

๐Ÿ“ˆ After a post-halving slump, the Bitcoin network is bouncing back with a vengeance. On May 8, the hashrate hit a low of 582 EH/s, but fast forward to May 25, and we're celebrating an all-time high of 657 EH/s!

๐Ÿ’ฐ Not only is the hashrate surging, but so is the hashprice, which now stands at over $53 per petahash. That's a significant improvement from the sub-$45 levels we saw just weeks ago.

๐Ÿ“Š The numbers don't lie โ€“ over the past month, the hashprice has climbed by an impressive 20.45%, signaling renewed interest and confidence in Bitcoin mining.

โšก๏ธ With the three-day SMA peaking at a record-breaking 691 EH/s, it's clear that the Bitcoin network is flexing its muscles and proving its resilience in the face of market fluctuations.

๐Ÿ— This resurgence in hashrate isn't just good news for miners; it's a testament to the robustness of Bitcoin's infrastructure. As mining activity picks up and stakeholders show their faith, it's safe to say that BTC's future is looking bright amidst this ever-changing crypto landscape.

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๐Ÿ“ˆ Stablecoin Supply Shifts: FDUSD Takes a Dive as GUSD Surges

๐Ÿ’ฐ The stablecoin market continues to expand, reaching a whopping $161.45 billion, with Tether (USDT) leading the pack at $111.95 billion.

๐Ÿ“‰ While USDT grows steadily by 1.3%, Circle's USDC sees a slight decline of 1.9%, and Makerdao's DAI enjoys a modest 1.8% increase.

๐Ÿ”ป However, it's FDUSD that steals the spotlight with a significant 29% supply reduction, shrinking its market cap to $3.13 billion.

๐Ÿš€ On the flip side, GUSD rockets back into the top ten with an impressive 336.2% surge, now valued at around $432 million.

๐Ÿ”„ Meanwhile, other stablecoins like USDE, USDD, and FRAX experience mixed fortunes, showing resilience in this ever-evolving market.

๐Ÿ’ผ As the stablecoin landscape shifts, it's clear that investors are navigating this space with caution, seeking opportunities amidst the ups and downs.

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๐Ÿš€ US Lawmakers Push for Ethereum Equality with Bitcoin ETFs

๐Ÿ“œ Five U.S. representatives have penned a letter to SEC Chair Gary Gensler, urging the regulatory body to treat ethereum exchange-traded funds (ETFs) with the same open-mindedness as their bitcoin counterparts. The lawmakers believe that the approval of bitcoin ETPs was a game-changer for digital assets and financial markets.

๐Ÿค "Consistency is key," stressed the representatives, calling on the SEC to apply the same principles they used for bitcoin when evaluating upcoming ether ETP applications. They argue that what's good for bitcoin should be good for ethereum too.

๐Ÿ’ก Encouraging innovation while safeguarding investors is the name of the game, according to these lawmakers. They see this as a logical next step following the SEC's green light for bitcoin ETPs earlier this year.

โณ The clock is ticking for the SEC, with spot ethereum decisions looming. Proposals from Vaneck and Ark Invest are on the table, and the industry eagerly awaits their fate.

๐Ÿ› In a separate development, the U.S. House of Representatives passed FIT21, a bill aimed at providing much-needed regulatory clarity for digital assets. This comes despite reservations from President Biden and Chair Gensler, indicating growing support for crypto in Congress.

๐Ÿ—‘ As if that weren't enough, both the House and Senate recently voted to scrap SAB 121, an SEC accounting rule that had caused quite a stir in the industry.

The winds of change are blowing in Washington, and it seems like digital assets are catching a favorable breeze.

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๐Ÿš€ Bitcoin Awakening: 114 BTC Worth $7.6M Transferred After 11 Years!

๐Ÿ’ค In the realm of digital currency, dormant wallets occasionally stir to life, and the latest awakening is quite the spectacle. On May 20, a slumbering legacy Pay to Public Key Hash (P2PKH) address roused itself, transferring a staggering 114.42 BTC to another P2PKH wallet. This address had been in hibernation for a mind-boggling 4,125 days since its creation on Feb. 2, 2013.

๐Ÿ’ฐ Back then, when each BTC was valued at a modest $20.50, the original funds amounted to around $2,345. Fast forward to May 2024, and with Bitcoin's meteoric rise, those same coins now command an eye-watering $7.67 million!

๐Ÿ“ˆ Talk about an investment that would make even the most seasoned trader envious โ€“ a jaw-dropping return of 37,451,348% over just over a decade! The newfound riches now reside in their new P2PKH abode, but interestingly enough, the accompanying 114.42 BCH has yet to budge from its original spot.

๐Ÿ”’ While this transaction may not have scored high on privacy with a rating of 45 out of 100 by Blockchair due to some repetitive addresses in play, it's worth noting that the sender opted for the "send everything" approach โ€“ no half-measures here!

โฐ This recent movement is part of a trend we've witnessed lately โ€“ slumbering Bitcoin wallets from 2013 are stretching their legs once more. Just last week alone, we saw 36.2 BTC make its long-awaited comeback on Thursday and not one but two transfers of 50 BTC each on Wednesday.

๐Ÿ“… Earlier in the month, it was dรฉjร  vu as another 2013 wallet awoke, this time with 26.6 BTC in tow, followed by an even more impressive move of 1,000 bitcoins from yet another 2013 slumberer. It seems like the past is catching up with the present in the world of cryptocurrency!

Hold on tight, fellow Bitcoin enthusiasts โ€“ who knows what other treasures these digital time capsules may hold?

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๐Ÿš€ Mastercard's Start Path Explores Blockchain Innovations with Five Dynamic Startups

๐ŸŒ Mastercard's Global Expertise Fuels Blockchain Innovation
Mastercard, a pioneer in global payments, is leveraging its extensive network to connect regulated money, stablecoins, and central bank digital currencies (CBDCs) with forward-thinking startups. By fostering collaboration and enhancing user experiences, Mastercard aims to revolutionize digital commerce.

๐Ÿ” Start Path: Unleashing Blockchain's Potential
Through its renowned Start Path program, Mastercard is empowering startups to tackle real-world challenges using the unique capabilities of blockchain technology. With access to training, mentorship, and Mastercard's vast customer base, these selected startups are poised for success.

๐Ÿ“ˆ Meet the Innovators
Among the chosen few is Kulipa, enabling seamless crypto payments through digital wallets. Parfin is making waves with enterprise-grade blockchain solutions for financial institutions. Peaq from Singapore is building a borderless digital infrastructure, while Triangle focuses on sustainability by integrating climate data into finance. Venly simplifies blockchain integration for developers and businesses.

๐Ÿ’ก Unlocking Mass Adoption: Kulipa's Vision
Kulipa's founder, Axel Cateland, sees immense potential in global stablecoin payments for driving widespread crypto adoption and fostering financial inclusion. With Mastercard's support, these startups are well-positioned to make a lasting impact.

๐ŸŒ Mastercard's MTN: Pioneering Blockchain Applications
In an exciting development, Mastercard and Standard Chartered Bank Hong Kong have successfully tested the Multi-Token Network (MTN). This groundbreaking pilot involved tokenizing carbon credits within Hong Kong's Fintech Supervisory Sandboxโ€”a glimpse into the future of sustainable finance.

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๐Ÿš€ Gamestop's Rocket Ride Continues: Roaring Kitty Returns to Social Media

๐Ÿ’ฅ The Gamestop saga takes another twist as Roaring Kitty makes a triumphant comeback on X, formerly known as Twitter. His enigmatic post, featuring a determined gamer, sets off a frenzy among retail investors, pushing the stock to new heights at over $38, up 70%!

๐ŸŒŠ Rewind to 2021 when Roaring Kitty and the Wall Street Bets subreddit shook the financial world with their Gamestop crusade. Hedge funds like Melvin Capital felt the squeeze, requiring multi-billion dollar rescues from Citadel and Point72.

๐Ÿ“‰ Skeptics warn that this surge may not be built to last. Gamestop still faces challenges in an increasingly digital market, with quarterly revenue drops and cost-cutting measures. Can the company level up its business model?

๐Ÿ’ฐ The excitement doesn't stop at stocks; it spills over into cryptocurrencies too! Wall Street Bets tokens and Solana-based GME coins see impressive gains, riding the wave of Gamestop's meteoric rise.

๐Ÿ“ˆ As we approach mid-month, GME shares on NYSE are still soaring high at an astonishing 173% increase. Buckle up for more thrills in this rollercoaster ride!

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๐Ÿš€ New Crypto to Watch: 99Bitcoins Token Raises $1M and is Offering $99K BTC Airdrop

๐Ÿ’ฐ Every once in a while, a new crypto project catches the eye of investors. That's exactly what's happening with 99Bitcoins Token (99BTC) right now.

๐Ÿ“ˆ The project has already raised over $1 million in funding, and the team has an exciting plan up their sleeves โ€“ they're airdropping a whopping $99,999 worth of Bitcoin to early community members.

๐ŸŽ“ But it's not just about the money. With 99BTC, investors can also earn while they learn. Backed by the renowned educational platform 99Bitcoins, this token rewards holders for expanding their crypto knowledge through tutorials and quizzes.

๐Ÿ’ผ Plus, there are staking opportunities with attractive APYs currently set at 1,532%. No wonder investors are rushing to get in on the action before those rewards decrease.

๐ŸŽ The excitement doesn't stop there. The launch of a massive $99,999 Bitcoin airdrop has sparked a frenzy around 99BTC. With thousands of entries pouring in, this giveaway is set to be a blockbuster event.

๐Ÿ—“ Mark your calendars for July 19 โ€“ that's when the lucky winners will be chosen. And with a capped supply of 99 billion tokens, thoughtful tokenomics, and support from influential voices like Michael Wrubel and Crypto Gains, the potential for 99Bitcoins Token is sky-high.

๐ŸŒ As plans for listings on major exchanges take shape, accessibility for investors is set to soar. So keep an eye on this new crypto gem โ€“ it could be a game-changer in both education and investment opportunities in the ever-evolving world of digital currencies.

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๐Ÿšจ SEC Targets Robinhood's Crypto Operations: Wells Notice Issued!

๐Ÿ” In a startling development, the SEC has its sights set on Robinhood. An 8-K filing, unveiled on May 6, 2024, exposed the agency's intentions to take enforcement action against the popular trading platform.

๐Ÿ“œ The filing's "Item 8.01" section spills the beans, revealing that the SEC's investigative subpoenas have honed in on cryptocurrency listings, custody, and platform operations of Robinhood Crypto, LLC (RHC).

๐Ÿค Despite their cooperation, Robinhood received a dreaded "Wells Notice" from the SEC staff on May 4. This notice indicates a preliminary determination to recommend an enforcement action for alleged violations of the Securities Exchange Act.

โš–๏ธ The potential consequences? Brace yourself for a possible storm of a civil injunctive action, a public administrative proceeding, or even a cease-and-desist order. It seems regulators are ramping up scrutiny in the crypto space!

๐Ÿ“‰ And Robinhood isn't alone in this regulatory rollercoaster. Just last month, Uniswap Labs' creator also found themselves in hot water with a Wells Notice. The crypto industry is undoubtedly navigating choppy regulatory seas.

Stay tuned as this unfolding drama could have far-reaching implications for both Robinhood and the wider crypto community! ๐Ÿš€

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๐Ÿ“‰ FRIEND Token Airdrop Plummets: A Bumpy Ride for Friendtech

๐Ÿš€ From High Hopes to Low Lows: FRIEND Token's Steep Decline

It was a promising start for Friendtech's FRIEND token as it soared to $169 per token on its market debut. However, the current situation tells a different story, with the price plummeting to a mere $1.48, marking a staggering 98% decrease from its initial trading value.

๐Ÿ”„ Differing Perspectives: The Tale of Peaks and Dips

While Coingecko presents a slightly more optimistic view, noting an all-time high of $3.26 per token, the decline is still evident at 48.52%. Trade volume, on the other hand, has reached an impressive $33.63 million, showcasing some activity in this rollercoaster ride.

๐Ÿ’ผ Market Cap Mysteries and Token Tidbits

With a self-reported circulating supply of 14,598,835.1 FRIEND, Coinmarketcap ranks FRIEND at 2,484 in the vast crypto landscape. However, it's worth noting that this information hasn't been verified by CMC itself.

๐Ÿ”ข Numbers Game: Holders and Transactions Unveiled

The Base network's contract reveals interesting figures โ€“ there are currently around 19,023 holders of FRIEND tokens, engaging in approximately 292,016 transactions. The contract also holds onto a significant portion of the supply โ€“ about 32.23%, or roughly 12,004,864 FRIEND tokens.

๐Ÿฆ Token Distribution Drama: Concentrated Holdings

When it comes to ownership concentration, things get intriguing. The top 100 holders control a whopping 61.85% of the supply, which amounts to around 24,459,236.07 tokens. It's a tale of few wallets holding a significant sway over the FRIEND token ecosystem.

As the market continues to fluctuate, Friendtech's FRIEND token faces its fair share of challenges. Will it bounce back or continue its downward trajectory? Only time will tell in this volatile crypto landscape. Stay tuned!

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๐Ÿšจ Coin Center Sounds Alarm on DOJ's Crypto Crackdown: A Threat to Innovation and Privacy

๐Ÿ’ผ The Department of Justice's recent crackdown on wallet developers has raised eyebrows in the cryptocurrency community. Despite lacking control over user assets, these developers are now facing criminal charges for unlicensed money transmission. This shift from regulation to criminal enforcement is a cause for concern, warns Peter Van Valkenburgh from Coin Center.

๐Ÿ“œ Since 2013, it has been crystal clear that wallet developers aren't considered money transmitters by the US government. But the DOJ's new stance challenges this understanding, diverging from the definitions set by regulatory bodies like FinCEN. This sudden change in approach could have far-reaching implications for the crypto industry.

โš–๏ธ In the ongoing Tornado Cash case, a telling section of the DOJ's reply brief caught Van Valkenburgh's attention. Titled "Section 1960 Does Not Require the Business to Have Control of the Funds," it suggests an expansion of what constitutes an "unlicensed money transmitting business." This potential overreach raises concerns about due process and regulatory boundaries.

๐Ÿ”’ It's not just about legal technicalities; it's about our privacy and fundamental freedoms. The FBI's warning to wallet users about non-regulated entities adds another layer of worry. Van Valkenburgh emphasizes that this assault on personal liberties is nothing short of a "disaster for the rule of law."

๐ŸŒ The implications go beyond individual cases; they could impact the entire crypto ecosystem. If wallet software is reclassified as money transmitters across the board, regardless of their actual operations, it could stifle innovation and limit users' ability to manage their digital assets independently.

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๐Ÿ‘€ Meme Coins Crash In Sync With Crypto Market: Hereโ€™s Why ๐Ÿ”ฅโ“

๐Ÿ‘‰ Read more

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๐Ÿ”’ The Eroding State of Privacy in the Crypto World: A Battle for Freedom

๐Ÿšฆ The crypto industry stands at a crossroads, caught in a tug-of-war between privacy and regulatory oversight. The outcome will shape the future of cryptocurrency, determining whether it remains true to its roots or succumbs to external pressures.

๐Ÿ”จ Cracks in the Armor: The first blow came when the US OFAC slapped sanctions on Tornado Cash, accusing it of aiding North Korean hackers. This move effectively cut off all interaction with the platform, leaving many questioning the future of privacy coins.

๐Ÿ“‰ Privacy Coins Under Siege: Exchanges like Binance and Okx have bowed to compliance pressure, delisting coins like Monero, causing significant market value drops. It's not just about one coin; it's a trend that threatens the very essence of privacy in crypto.

โš–๏ธ Justice or Overreach?: The founders of Samourai Wallet now face legal trouble for allegedly facilitating money laundering. As governments tighten their grip, even privacy-focused tools are being scrutinized.

๐Ÿ—ฃ Voices of Concern: Figures like Pavel Durov and Edward Snowden warn of a growing intolerance towards privacy. They envision a future where secure communication devices and enhanced privacy protocols become the norm.

๐Ÿ’ก A Beacon of Hope: Ethereum's Vitalik Buterin champions on-chain privacy, endorsing protocols like Railgun to safeguard transactions. As Tornado Cash faces sanctions, alternatives emerge to keep the torch of privacy burning bright.

In this battle for digital freedom, it's clear that privacy is no longer a given in the crypto world. How we navigate these challenges will determine whether we preserve the values that sparked this revolution or surrender them to external forces.

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๐Ÿ”’ US Prosecutors Demand 36-Month Sentence for Binance's CZ: A Defiant Path to Profitability

๐Ÿ’ฐ Scaling Success or Regulatory Roulette? Changpeng Zhao, the mastermind behind Binance, gambled on flouting US regulations to catapult his cryptocurrency empire to the top. But his defiance may come at a steep price.

๐Ÿšซ A Disregard for Rules, a Risk to Integrity Court documents reveal that Zhao knowingly skirted anti-money laundering requirements and turned a blind eye to transactions with sanctioned entities, including Iran. The integrity of US financial operations was put on the line.

๐Ÿ’ธ From Prohibited Transactions to Profitability Over $898 million in illicit deals involving US individuals and sanctioned regions were facilitated by Binance's lax compliance measures. Zhao's motive? Not just success, but a spot among the crypto elite.

๐Ÿ’ก Compliance vs. Growth: A Calculated Gamble Prosecutors argue that Zhao saw compliance as an expensive hurdle, one that could slow down Binance's meteoric rise. But they contend that profitability must never eclipse legal obligations.

โš–๏ธ A Pivotal Moment for Cryptocurrency Regulation The sentencing recommendation for Zhao isn't just about punishment; it's about sending a clear message. The US wants to show that even the biggest players aren't above the law in an industry facing increasing scrutiny.

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โšก๏ธ PORTAL seems to be cooking up some new things with their new launchpad

The debut token on the Portal Launchpad is $SOMO (https://twitter.com/playsomo) and those who stake $PORTAL will be able to receive a guaranteed allocation for the $SOMO sale which is happening on Thursday, 25th April at 11 am EST and Iโ€™m expecting this to skyrocket ๐Ÿค‘

Within the niche of Web3 gaming, weโ€™ve seen many successful launches recently such as My Pet Hooliganโ€™s $KARAT โ€“ $SOMO could be next. SOMO will quite literally be the Pokemon Go of Web3 and is also a playable 3D game

$SOMO seems to be the next big cook following after $PORTALโ€™s success, hitting a 3bn FDV and it was the biggest Binance Launchpool launch in history. I would really recommend picking up some $PORTAL and staking via their launchpad for the $SOMO saleโžก๏ธ https://launchpad.portalgaming.com

โบWallets will be able to purchase up to 1 ETH of $SOMO and to balance the demand against the available allocation โ€“ there will be a weighted raffle to give everyone a fair chance. Your chances in the raffle are dictated by your ticket size and how early within the 24 hours you purchase.
The earlier you purchase and the bigger your ticket, the more $SOMO youโ€™re likely to receive. The current presale price terms seem very fair considering other rounds available like Pixelmonโ€™s $MON and Revolving Gamesโ€™ $RCADE.

โœ–๏ธ Portal Twitter: https://twitter.com/Portalcoin
โœ–๏ธ SOMO Twitter: https://twitter.com/playsomo

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Did you know that 425 million people own crypto, but 70% face spending challenges due to scarce payment solutions ๐Ÿ˜ง

SpacePay is about to change all of that thanks to its innovative payment protocol that enables crypto payments in all major stores:

๐Ÿซ‚Doxxed team, with $750,000 raised from VCs and Angels๐Ÿค‘
๐Ÿ‘›Pay with your crypto in stores from 325+ walletsโ€”no app or transfers needed ๐Ÿ‘›
๐Ÿ’ณ$SPY is VISA/Mastercard for Crypto, gaining significant traction in the payment space๐Ÿ’ณ
๐Ÿš€ Reduced transaction time from 5-30 minutes to just 5 seconds! ๐Ÿš€

๐Ÿ† SpacePay, an award-winning payment solution, recognized by Barclays Bank and others! ๐Ÿ†

Join the community:
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โœˆ๏ธTelegram Group: @SpacePayTG
โœ–๏ธTwitter: https://twitter.com/SpacePayLTD

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๐Ÿ“ˆ Gold's Rally Continues: World Gold Council Remains Bullish

๐ŸŒ Despite hitting record highs, gold's bull rally shows no signs of slowing down, according to the World Gold Council (WGC). In their latest report, the WGC highlights several factors that continue to support the precious metal's ascent.

๐ŸŒ Geopolitical Risks and Central Bank Buying have been key drivers behind gold's recent surge, with demand for both jewelry and investment bars and coins remaining resilient.

๐Ÿ“‰ While some may worry about a potential bubble, the WGC dismisses these concerns, stating that gold is currently underowned and not exhibiting the usual signs of a market top.

๐Ÿ’ผ Interestingly, gold ETFs have been lagging behind the global rally, but history suggests that this could be a bullish signal for the precious metal.

๐Ÿช™ Contrary to speculation, the WGC finds little evidence of a significant shift from gold to Bitcoin ETFs, suggesting that recent flows are more speculative than structural.

๐Ÿ”ฎ Looking ahead, the WGC sees a positive market setup and believes that low participation from U.S. investors could provide further fuel for gold's upward trajectory.

In an uncertain world, it seems that gold remains a shining star in investors' portfolios.

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๐ŸญSirwin Crypto Casino, Experience the Sweetness of 'Sweet Bonanza'๐Ÿญ

๐ŸŽ‰ Dive into a world of sugary delights and big wins with 'Sweet Bonanza' โ€“ a colorful and exciting slot game available exclusively on Sirwin Crypto Casino! ๐ŸŽ‰

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๐Ÿฌ Why Play 'Sweet Bonanza' on Sirwin? ๐Ÿฌ

โญ๏ธ Convenient Access: Sirwin invites global players with no KYC needed and VPNs allowed. โญ๏ธ

๐Ÿญ Delicious Graphics: Dive into vibrant visuals and tempting symbols! ๐Ÿญ

๐Ÿฌ Exciting Gameplay: Spin and watch sweet treats cascade for big wins! ๐Ÿฌ

๐ŸŽ Generous Bonuses: Enjoy special features and bonuses for sweeter wins! ๐ŸŽ

๐Ÿ›ก๏ธSecure and Fair: Play confidently with Sirwin's top-notch security and fairness! ๐Ÿ›ก๏ธ

๐Ÿ“ฑ Play Anytime, Anywhere: Enjoy 'Sweet Bonanza' on Sirwin from any device, anywhere! ๐Ÿ“ฑ

๐Ÿค‘๐ŸฌDon't Miss Out! Join Sirwin today for the sweet 'Sweet Bonanza' experience! ๐Ÿฌ๐Ÿค‘

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๐Ÿ“Œ Solana's Latest Update: A Step Towards Smoother Operations

โš ๏ธ Solana developers have rolled out a mainnet beta update, version 1.17.31, to tackle the recent network congestion issues that have been plaguing the platform.

โž• This update specifically targets the problem of spam transactions, which have been clogging up the network and causing transaction failures. It's also expected to address recent open interest spikes.

๐Ÿ”’ Validators are urged to upgrade their nodes when the delinquent stake falls below 5%, ensuring stability during the process. Any hiccups should be reported on Discord's mb-validators channel.

๐Ÿ’ช The congestion woes on Solana have been frustrating for developers, with a staggering 75% of non-voting transactions failing. But Solana insists it's not a fundamental flaw, just a pesky bug.

๐Ÿ“ˆ With SOL trading between $160 and $200 lately, bulls will be eyeing that crucial $200 resistance level for a potential upward trend in price.

๐ŸŒŸ This latest update is just the beginning! Solana has more improvements lined up as part of its multi-phased plan to make the network even better. Stay tuned for what's next!

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