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- 26-08-2024
26-08-2024
Howdy folks,
💡💱 Vitalik Buterin shared his insights on promising and sustainable crypto projects, praising decentralized applications and stablecoins. Buterin commended DEXs, Polymarket, and RAI for their usefulness and sustainable benefits, contrasting them with what he termed the fleeting appeal of 2021’s liquidity farming craze.
He also emphasized USDC's convenience, particularly for international donations, but hinted at a future preference for decentralized stablecoins like RAI.
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In other news:
⚽💼 Gate.io announces a strategic partnership with FC Internazionale Milano, featuring the exchange's logo on the team’s playing kits starting the 2024/25 season. The collaboration aims to expose Gate.io to Inter’s 500 million followers, enhancing fan experiences through exclusive content and engagements.
Gate.io’s CEO, Han Lin, emphasized the synergy between football and digital assets, marking the exchange's logo debut on August 30 against Atalanta.
🚨📉 Toncoin (TON) plummeted over 20% after Telegram’s founder, Pavel Durov, was arrested in France. French authorities detained Durov, linked to a lack of moderators on Telegram, prompting a swift decline in TON value from $6.8 to $5.38.
Despite the market shake-up, The Open Network assured users of ongoing operations and urged calm and unity within the community.
🚀⚖️ Ripple has supported Kraken in its ongoing legal battle against the SEC, challenging the classification of digital assets as securities. A federal judge’s recent decision to deny Kraken’s motion to dismiss could set an important precedent and spotlight the SEC’s “regulation-by-enforcement” approach.
Ripple’s and Kraken’s unified stance reveals increasing industry collaboration against regulatory overreach.
DailyCoin Daily Meme
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DISCLAIMER: The content provided does not constitute financial advice. This newsletter is purely educational and should not be considered as investment advice or a recommendation to buy or sell any assets or make any financial decisions. Please exercise caution and do your own research.