Claudia Olah

Whether #Bitcoin maxis want it or not, the future for the asset is multichain liquidity, wrapped BTC token standards, and dApps—not sitting in wallets as a sluggish store of value. This is how Bitcoin will ultimately achieve its original vision of being a global currency, flowing freely outside of damaging centralized control. A major BTCFi narrative is emerging, just in time for the bull run...

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🔄📊 The AAVE community has launched an ARFC proposal to introduce Umbrella, a protocol fee restructuring scheme. Marc Zeller, co-founder of AAVE and the proposer, explained, "Umbrella will enable AAVE users to deploy cost-effective token security modules. AAVE service providers will purchase AAVE to fund the token distribution program, with the purchased AAVE being distributed to the ecosystem reserve. The distribution speed and funds will be adjusted according to the quarterly budget." #BitcoinWorld

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Ethereum Foundation, Will Officially Be Launching. Mekong Testnet, Ahead Of Its Game Changing, Pectra Upgrade... 👀 👀! Developers will fine-tune Ethereum's Pectra EIPs in a short-lived Mekong Testnet environment. The Ethereum Foundation has introduced the Mekong Testnet, a short-term testing environment designed to allow developers to explore new features from the upcoming Pectra upgrade, before its mainnet release. In a blog post on November 7th , the Foundation said the Mekong Testnet incorporates all Ethereum Improvement Proposals (EIPs), intended for Pectra. These proposals focus on enhancing various aspects of the Ethereum network, including user experience (UX), staking processes, and deposit and withdrawal mechanisms. Mekong will serve as a testing ground for wallet developers and stakers as they prepare for Pectra’s official rollout. The Foundation stated: “Mekong is meant to be a playground for wallet developers to experiment with UX changes and for stakers to gain confidence in the upcoming changes. The testnet will be short-lived and is feature complete with all the intended EIPs for Pectra”. The Mekong Testnet will enable developers to experiment with the upcoming upgrades, without affecting the mainnet or Ethereum testnets like Holesky and Sepolia. Notably, one of the primary features developers can explore is an updated staking workflow, which includes changes to deposit and withdrawal functions. Although minor tweaks may still occur, the Foundation confirmed, the features tested in the Mekong Testnet are scheduled for integration into the mainnet. The Ethereum Foundation is said to have, named the testnet after the Mekong River, which flows through Southeast Asia. With Devcon set to take place in the region ahead of the Pectra upgrade, the Foundation saw the river as an appropriate namesake to reflect the local connection. The Pectra upgrade is set to be Ethereum’s next significant step toward better scalability, efficiency, and security. By merging elements from the Prague and Electra updates, Pectra aims to introduce Verkle Trees to streamline blockchain data storage, reducing node requirements and gas fees. This upgrade will also enhance Ethereum’s execution and consensus layers, benefiting developers and users. #canPECTRAsSCALABILITYwithEFFICIENCYandSECURITYbeaGAMECHANGERforETHEREUM... 🤷 🤷

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🤯 A locally licensed crypto exchange in the Philippines just sold USDC at a price of ₱1 per 1 USDC. It has been some days since we first got ahold of this story - after numerous posts on social media and private messages sent to BitPinas by users who experienced the issue, we look into the matter, which has not yet been covered by news sites and mainstream media. People are torn with how this should be resolved 1. On one hand, one key aspect of crypto transactions is finality. Crypto traders have come to expect that if they send crypto to a wrong address, they can never get it back, they cannot ask for customer support etc. It’s the price crypto users pay in exchange for having control of their own money. 2. On the other hand, the crypto exchange is a centralized entity that has its own rules and regulations it has to abide to. But the same finality applies. If I send to a wrong address inside any of the top exchanges, that transaction is final and no amount of pleading will make them reverse the transaction. So when Maya sold USDC for ₱1, users expect the transaction to be final. Maya however thinks otherwise, saying this is a pricing error. This is important, because this is all happening at the backdrop of Bitcoin reaching a new all time high of $75,000. And users still cannot take out their crypto out of Maya. They can only only sold it for pesos inside the app. The responsible thing to do is publish the story once we have quotes from both sides. And that we did - we emailed Maya about the issue and they said they are going to send a statement. We publish the story only after Maya has sent their side of the story. Please check out our article which has the full story including Maya’s response. https://lnkd.in/gWiSmfAf Myself and BitPinas writer Nathaniel Cajuday worked on this story.

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Digital Assets 2024 OMFIF OMFIF Digital Monetary Institute R3 Stellar Development Foundation - CBDCs favoured over other stablecoins settlements. - Tokenization will transform the Financial market infrastructure - Security risk a leading concerns for digitalisation -Bond market will lead the asset tokenization Faster settlement a clear benefit for tokenisation. Standardisation and faster settlement would most improve post-trade processes. #digitalassets #tokenization #adoption #dlt #blockchain Prasanna Lohar FSV Capital FSV Labs Garranto Academy Sreeman Mannamu India Blockchain Forum Xaults Nakul Garg CrowdInvest MOI Technology

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#Blockchain #Crypto VC contact directory featuring over 200 #VC firms, more than 1,100 #VC professionals (including Partners and Principals), and 1,000 email addresses. https://payhip.com/b/sXEGH #startup #startups #vc #venturecapital #investmentbanking #privateequity #managementconsulting #b2b #founders #entrepreneurs

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Notes from «Ded» in Singapore. Day four. End of the TOKEN2049 Token2049 is officially over… as are 656 side-events. There were only four days for all of this, which seems a bit short to me, but we’ll talk about the length a bit later. Up next, Solana Breakpoint… and 133 more side events. Then it’s two days on the road and home sweet home. The main narratives that are in the air in Singapore during the conference: - AI and all its possible combinations with Web3. It looks like it’s with us for the long haul, also because with available APIs, Big Data and trainable models, things have gotten a lot easier to use. They can be bought as in a store - Memes, memepads, and everything related to that. - The TON Foundation ecosystem — and it’s not just tap game and mini-apps. It’s also lending protocols, Curve on TON, and so on. The tools that every ecosystem needs to fully develop. - Interoperability, crosschain, and that’s about it. Most liquidity is on Ethereum, and bridges are an unreliable thing. It’s a mess. - Abstractions for end-users and frameworks for developers. Anything that makes it easier to interact with complex technical stuff. Developers get the ability to create smart contracts and tokens in a conditional one click, and end-users get all those transaction confirmations, complex addresses and other things ‘under the hood’. About the duration of Token2049. At first I thought that with so many stands, speakers, visitors and partners it would be possible to stretch the conference for 4–5 days. But then I came to the conclusion that the key word here is ‘stretch’. If you have specific goals for the conference, you have done your homework, prepared lists, arranged meetings, then one day will be enough for you. And if you came just to go back and forth, then God is your judge — what difference does it make whether it lasts two days or five. Read the full article at the link: https://lnkd.in/ewFBh5NB #crosschain #Memecoins #Singapore #Solana #Breakpoint #SolanaBreakpoint #Token2049 #Ethereum #TON #Incrypted #crypto

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Tether's Strategic Expansion and Regulatory Engagement in the Crypto Industry Tether (USDT) has become a key player in the crypto industry, surpassing a $100 billion market cap and aiming to expand beyond stablecoin issuance into Bitcoin mining and other ventures. The company is engaging with global regulators to foster understanding and acceptance of cryptocurrencies, emphasizing the importance of regulation for mass adoption. Tether's CEO, Paulo Arduino, highlights positive regulatory dialogues in regions like Dubai and El Salvador, which are advancing digital asset and stablecoin licenses. Tether is committed to financial stability, investing in treasury bills rather than cash deposits to mitigate banking risks, and exploring new sectors like biotech and AI to support decentralization and financial freedom. Future goals include diversifying into various sectors while maintaining a focus on decentralization, disintermediation, and promoting educational initiatives to empower individuals and communities globally. #CryptoInnovation #StablecoinLeadership #BitcoinMining #RegulatoryEngagement #FinancialStability #Decentralization #TechForGood Tether.io

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As the end of the month approaches, the crypto market faces potential downtrends, yet Shiba Inu and Arbitrum maintain pivotal price levels. BlockDAG, a Layer 1 project thriving from a stellar presale, has become a hot spot for capital, outshining other market giants with its vast potential. Its seamless DApps integration has propelled its growth, setting a bold price target of $30 by 2030. With a presale rocketing past $53.8 million due to soaring investor interest, this Altcoin Season is poised for significant developments, marked by Shiba Inu’s Bull Run and stable Arbitrum (ARB) prices. Read to find out more... #BLOCKDAG #DApps #SHIBA #BULLRUN

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HOT UPDATE. Cex.Io PowerTap CEX is tier 1 Centralized Exchange Ranking 74 on Coinmarketcap & Ranking 78 on Coingecko . Recently, they ventured into the Telegram Tap-To-Industry & They Are Offering Their Exchange Native Token ($CEXP) . Join Me On This Journey As We Farm $CEXP Together Invite Link - https://lnkd.in/d79b6ymW . CEXP tokens farming major upgrade! Two is better than one! Join my squad, and let's double the fun (and earnings )! CEX.IO Power Tap!

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🔒🇵🇭 Binance Ban in Philippines: Good or Bad for Crypto? Do you think the Philippines' ban on Binance will ultimately benefit or harm the local crypto market? Share your views!

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