S&P Dow Jones Indices is launching tokenized versions of its benchmark indices (like the S&P 500!), bridging traditional finance & digital assets. They're prioritizing transparency, security & regulatory compliance. A big step for index investing! π #DeFi #tokenization
#crypto #blockchain #news
Crypto whale facing >$640K loss on a leveraged Ethereum (ETH) trade! π³ They went long on 31k ETH at $4,399.13 with 5x leverage. Liquidation price: $2,655.41. Highlights the risk of leverage in crypto. #crypto #ethereum #leverage
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βMaji Big Brother,β a high-leverage crypto trader, is back! π Theyβve reopened long positions with 5x leverage on PUMP/HYPE, 25x on ETH, & 40x on BTC β currently down $5.7M. A return to aggressive trading despite recent losses. #crypto #trading #leverage
#blockchain #news #BTC #Bitcoin
π Jupiter boosts JLP Loans! Borrowing limit increased to 80% of pool funds & interest rates are down. More USDC access for JLP holders, without impacting pool stability. πͺ #Solana #DeFi #Jupiter
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Bitdeerβs Bitcoin holdings hit a new high of 1,764.2 BTC as of Aug 15, despite selling 34.3 BTC after mining 80.4 BTC. The Nasdaq-listed miner is actively managing its treasury & balancing mining with market conditions. #Bitcoin #Bitdeer #BTC
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Fed ends dedicated crypto supervision, giving banks more freedom to engage with crypto activities & manage risks themselves. Prior approval for crypto business no longer needed. #crypto #regulation
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π¨ D3XAT exchange on Binance Smart Chain reportedly attacked, with estimated losses of $160k. π Security firm BlockSec points to potential price manipulation exploiting spot price dependencies. Investigation hampered by closed-source contract. #web3 #security #bsc
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Hyperion DeFi boosted its crypto vault with $50M in HYPE token purchases β over 1.5M tokens! π The Nasdaq-listed firm now holds ~$7.5M in cash & equivalents to grow its HYPE holdings. #DeFi #HYPE #cryptocurrency
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Manta Network borrowed $7.5M worth of MANTA tokens from Wintermute to boost liquidity on exchanges! π Unlike grants, it's a loan β tokens will return to the ecosystem after repayment, keeping supply stable. π° #MantaNetwork #MANTA #DeFi #Liquidity
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JPMorgan predicts huge growth for stablecoins & sees Ethereum as a major beneficiary! π Currently, Ethereum hosts most stablecoin assets (L1 & L2), making it the key network for this expanding ecosystem. Expect Ethereumβs role to grow with stablecoin adoption. #Ethereum #Stablecoins #Crypto
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