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๐ Vitalik Buterin: Solo Staking Essential for Ethereumโs Security
Vitalik Buterin stressed at the 2024 Singapore conference that solo staking is crucial for Ethereum's security and decentralization, helping protect the network and ensure its long-term flexibility.
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๐๏ธ CZ to Be Released from Prison on September 29
Changpeng Zhao, founder of Binance, will be released from his four-month prison term on September 29. Despite recent confusion due to his transfer to a new facility, his release date remains the same.
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๐ง๐น Bhutan Holds Twice as Much Bitcoin as El Salvador!
According to Arkham Intelligence, Bhutan's government holds 13,029 BTC, worth approximately $755 million, making it the fourth largest holder of Bitcoin globally. Additionally, Bhutanโs wallets hold 656,013 ETH, valued around $1.5 million.
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๐ SEC Targets Binance Altcoins as Securities
The SEC's revised complaint against Binance includes 10 digital assets as unregistered securities, following a judgeโs validation of most allegations.
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๐ผ Wall Street Divided on Rate Cut: 0.5% or 0.25%?
Wall Street giants are split; some predict a 0.5% Fed rate cut, while others like Goldman Sachs and JPMorgan expect 0.25%. These changes could impact markets, including Bitcoin and gold.
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โ๏ธ Gensler Under Fire; Will SEC Chair Face Consequences?
On September 18th, a House subcommittee will question former and current SEC members on the agency's politicized crypto stance, putting Chair Gary Gensler in the hot seat.
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โ๏ธ Hamster Combat's Profit Increase Deadline Announced; Anti-Cheat Measures in Place!
With the airdrop just days away, Hamster Combat's team has set the season's end date for September 20th.
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๐ How Will Bitcoin React to Interest Rate Cuts? Analysts Weigh In
Bitcoin has lost the $60,000 support level, raising concerns of further declines. Analysts suggest that a Federal Reserve rate cut of 0.25% or 0.50% could significantly impact Bitcoin's price in the coming months.
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โ๏ธ Sam Bankman-Fried Seeks Retrial
Sam Bankman-Fried, FTX founder, is requesting a retrial, claiming bias from the judge and unfair treatment by media, prosecutors, and the court. He calls for a new judge to oversee the case.
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๐จ Justin Sun Criticizes Coinbase's cbBTC
Justin Sun calls Coinbaseโs cbBTC a "centralized Bitcoin" and questions its centralization and audits. Coinbase defends the tokenโs transparency and audits.
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