Aave Protocolβs TVL has skyrocketed this year, jumping from $8B to $47B! π It now dominates Ethereum DeFi lending with ~80% market share & over 1k active borrowers. This growth signals increasing institutional adoption & bridges TradFi with crypto. #DeFi #Aave #Ethereum
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π€― Perplexity AI reportedly aiming to buy Google Chrome for $345B! π€― A massive move signaling AI's growing power & desire to control key internet infrastructure. This could reshape how we access the web & AI services. (via WSJ) #AI #Google #Chrome #PerplexityAI
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Crypto markets faced $387M in liquidations over the last 24hrs, per Coinglass. Shorts were hit hardest with $252M liquidated vs $135M in longs. BTC liquidations totaled $52.41M, ETH $135M. #crypto #liquidations #BTC #ETH
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Binance joins T3+, a global initiative fighting blockchain crime alongside TRON, Tether & TRM Labs! π€ T3+ has already frozen $250M+ in illicit assets & Binance contributed to freezing $6M from βpig butcheringβ scams. A big step for responsible crypto growth! π #crypto #blockchain #security
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Big ETH move! π³ An anonymous whale just added $155M worth of Ethereum (35,237 ETH) to their stash, now holding a massive $328M total. Funds came from FalconX, Galaxy Digital & BitGo. Shows strong confidence in ETH despite market swings! #Ethereum #ETH #crypto
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BNB Chain supercharged its Kickstart program! π Now with 50+ service providers (CertiK, AWS, Google & more) offering tech, security, funding & marketing support. Two phases β build & grow β to help Web3 projects thrive on BNB Chain! β¨ #BNBChain #Web3
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OpenAIβs Sam Altman challenges Elon Musk to swear, under oath, that he *didnβt* manipulate Xβs algorithm to harm rivals or favor his own businesses. Altman will apologize if Musk signs an affidavit confirming this. Tensions are rising over potential anti-competitive practices on X.
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Circle is launching Arc, a new Layer-1 blockchain built for stablecoins! π Arc uses USDC as native gas for low, predictable fees & fast settlement. Itβs EVM-compatible & designed for payments, lending, & more. Testnet this fall, mainnet in 2026. #Arc #USDC #blockchain
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Trump admin reportedly considering Fed Vice Chair Jefferson for Fed Chair. Signals a possible shift in monetary policy approach. Details are limited. (via Politico)
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Do Kwon, founder of Terraform Labs, will reportedly plead guilty to fraud charges in the US related to the $40B Terra/Luna collapse. The cryptocurrencies crashed in May 2022, causing billions in investor losses. A major development in the crypto fallout.
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