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๐Ÿš€ Crypto Community Unites: Bitcoin Emoji Movement Gains Momentum!

๐Ÿ–ผ Digital Expression Matters: Nexo and 35+ crypto powerhouses are teaming up, rallying for a dedicated bitcoin emoji. Their mission? To gather 50,000 signatures on change, urging the influential Unicode Consortium to embrace this symbol of bitcoin's cultural and tech impact.

๐Ÿ“ˆ Endorsements Soar: With an impressive 10,000 signatures already in just one week, this campaign is making waves. It's not just about the numbers; it's a statement of unity from over 170 million individuals, including big names like Kraken and Polygon.

๐Ÿ’ช Beyond Burritos and Swipes: This isn't your average emoji push. The crypto coalition aims to surpass previous efforts by major brands like Taco Bell and Tinder. As Kosta Kantchev of Nexo puts it, with bitcoin's market dominance, a dedicated symbol is "long overdue."

๐ŸŒ The Unicode Connection: Since '91, the nonprofit Unicode Consortium has been the gatekeeper of global digital communication. Now, these crypto crusaders want to ensure that bitcoin gets its rightful place in the universal language of characters.

With every signature, the call for a bitcoin emoji grows louder. It's not just about pixels; it's about recognition for a digital force that has reshaped finance. Join the movement โ€“ let's give bitcoin its well-deserved spot on every keyboard! ๐Ÿ™Œ๐Ÿš€
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๐Ÿ“‰ Grayscale Drops Cardano from Crypto Fund: ADA Loses Spot in GDLC

๐Ÿ”„ Grayscale Investments, the crypto world's titan, made a significant move this Thursday. In its quarterly rebalancing, it removed cardano (ADA) from its renowned Digital Large Cap Fund (GDLC).

๐Ÿ’ผ The adjustment was executed by selling ADA and redistributing the cash among the remaining assets based on their respective proportions. Consequently, cardano bids farewell to GDLC.

๐Ÿ“… The reshuffling took place on April 3, leaving the fund with a new composition: bitcoin (BTC) takes the lion's share at 70.96%, followed by ethereum (ETH) at 21.84%. Other players include solana (SOL), XRP, and avalanche (AVAX).

โช Rewind to Q4 2023, and cardano held a more substantial stake of 1.62% in GDLC. But times change, and so do portfolios.

๐Ÿ“ฃ Grayscale's defi fund remains unaffected, with no additions or subtractions. However, the Smart Contract Platform Ex-Ethereum Fund waves goodbye to cosmos (ATOM).

๐Ÿ“‰ While GBTC morphed into a bitcoin ETF earlier this year, Grayscale is now eyeing an ether ETF. The asset manager is actively seeking approval from the SEC for this next move in the evolving crypto landscape.
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๐Ÿ’ธ Tired of waiting for the Altcoin season like me? Letโ€™s switch to stablecoins!

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๐Ÿ’Ž Diment Dollar, backed by diamonds, offers stability, secured by blockchain, and compliant with regulations.

Moreover, they raffle $1000 in BTC in their Gleam campaign. Deadline: April 12th.

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๐ŸŽข Charles Hoskinson Criticizes Cardano โ€˜Dunking,โ€™ Expresses Concern Over โ€˜Carnival Barkersโ€™ Dominance

๐Ÿƒ Charles Hoskinson, co-founder of Input Output Global Inc., is tired of the dunking on Cardano. He firmly believes that this protocol is the best path for scalability, governance, and innovation. In fact, he proudly claims that Cardano holds all the cards and boasts the best community in town.

๐Ÿ“‰ Critics may have raised an eyebrow when Grayscale Investment recently removed ADA from its Crypto Large Cap Fund, calling it a mere "rebalancing" act. Some even see it as a sign of Cardano's slow demise. But Hoskinson isn't buying into that narrative.

๐Ÿ“ˆ With an upcoming hard fork named Chang and the introduction of Ouroboros Leios, which he hails as a game-changer in solving the blockchain trilemma, Hoskinson is confident that Cardano is far from being on its deathbed.

๐Ÿ—ฃ However, what frustrates him is how short-term narratives and carnival barkers tend to dominate the crypto industry's conversation. He compares it to the ever-changing landscape of AI with names like Claude, Grok, and Llama taking turns in the spotlight.

๐ŸŒฑ For Hoskinson, success lies in protocols built for longevity and supported by communities that value their foundations. So, while others may be caught up in the noise, he remains focused on steering Cardano towards a bright future.
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๐Ÿš€ Cleanspark Levels Up with 100,000 S21 Pro Miners from Bitmain

๐Ÿ’ช Cleanspark (Nasdaq: CLSK) is taking its mining game to the next level! The company proudly announced that it has reached a 17 exahash per second (EH/s) hashrate, thanks to its recent acquisition of 60,000 ASIC rigs. But that's not all!

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โšก๏ธ Winklevoss Twins Score Big: Investing in Crypto Podcaster's Football Dream!

๐Ÿค The Winklevoss twins, known for their early Bitcoin success, are now making headlines in the football world. With a whopping $4.5 million investment, Winklevoss Capital is joining forces with crypto enthusiast and podcaster Peter McCormack to take on the beautiful game.

๐Ÿ’ฅ Real Bedford FC, a plucky non-league club from the UK, is the lucky recipient of this game-changing partnership. The twins' involvement as co-owners signals their unwavering faith in both McCormack's vision and the power of Bitcoin.

๐Ÿ† Real Bedford has already shown its mettle, clinching a league and cup double in its debut season and securing promotion to the prestigious Spartan South Midlands Premier League. But this isn't just about football; it's about turning dreams into reality.

๐ŸŒŸ "Peter's drive and community-building prowess have captivated us," says Cameron Winklevoss. This investment isn't just about kicking a ball; it's about backing an underdog with big ambitions.

๐Ÿ“ฃ Football and crypto are becoming fast friends. From Paris Saint-Germain to FC Bayern Munich, clubs are embracing blockchain technology and partnering with crypto platforms to engage fans like never before. It seems that the beautiful game is finding new ways to score both on and off the pitch!
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๐Ÿšจ Prisoner's Perfidy: Funeral Leave Turns into Cryptocurrency Heist!

๐Ÿ’ฐ A shocking twist in the world of crypto transactions unfolded in South Korea as an inmate, temporarily released to mourn a loved one, cunningly robbed a buyer of a whopping $363,000. Seoul police have managed to recover most of the stolen funds, but the investigation is far from over.

๐Ÿ“‰ Tempted by an offer too good to refuse, the victim fell into the trap set by this audacious prisoner. The allure of acquiring digital assets at a bargain price proved too strong. Little did they know that behind this enticing deal lurked a felon on funeral leave, with a sinister plan up his sleeve.

๐Ÿข Gangnam, known for its glitz and glamour, witnessed an unexpected clash between a blunt weapon-wielding criminal and an unsuspecting buyer. As chaos ensued, the thief swiftly grabbed the cash and vanished into thin air. But not for long!

๐Ÿ‘ฎโ€โ™‚๏ธ The long arm of the law caught up with both the inmate-turned-robber and his female accomplice. This incident serves as a stark reminder that even in the realm of digital currencies, physical threats can still loom large.

๐ŸŒ While South Korea has been captivated by the crypto craze in recent times, it's crucial to stay vigilant amidst this financial frenzy. This brazen act joins a growing list of crypto-related thefts, echoing similar incidents across international borders.

As we navigate the ever-evolving landscape of digital finance, let's remember that caution is key โ€“ whether it's online or during an unexpected face-to-face encounter.
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๐Ÿ”ง Solana Developers Deploy Fixes to Mainnet to Address Network Congestion

๐Ÿš€ Anza Collective Releases v1.17.31 Update, Majority of Validators Upgrade

The Solana blockchain is taking action against network congestion with the release of v1.17.31 by the Anza developer collective. This update comes highly recommended for all users, and an impressive 90% of validators have already made the switch.

๐Ÿ” Modifications for "Super-Low Stake" Validators and QUIC Protocol

The new software tackles congestion by making adjustments to how it handles "super-low stake" validators and addresses issues related to the QUIC transport protocol. Early results are promising, but further patches may be delayed, according to Anza's Rex St. John.

โš ๏ธ Meme Coin Surge Keeps Solana Network Congested

Solana's network has been struggling with congestion for over a month now, with a staggering 70% of non-voting transactions failing, mainly due to the surge in meme coin activity. However, hope is on the horizon.

๐Ÿ”„ Next Update: v1.18 Introduces Transaction Scheduler

The upcoming v1.18 update aims to improve transaction management with a new scheduler, offering better handling of bulk transactions. Each validator will have the choice to enable or disable this feature based on their preferences.

โณ Devnet Downtime Raises Questions

While progress is being made, Solana's devnet encountered some downtime during testing of v1.18. The cause remains undisclosed, leaving developers and users curious about its relation to congestion-fighting efforts.

As Solana developers work diligently to address network congestion, users eagerly await smoother operations and improved transaction success rates.
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โšก๏ธ PORTAL seems to be cooking up some new things with their new launchpad

The debut token on the Portal Launchpad is $SOMO (https://twitter.com/playsomo) and those who stake $PORTAL will be able to receive a guaranteed allocation for the $SOMO sale which is happening on Thursday, 25th April at 11 am EST and Iโ€™m expecting this to skyrocket ๐Ÿค‘

Within the niche of Web3 gaming, weโ€™ve seen many successful launches recently such as My Pet Hooliganโ€™s $KARAT โ€“ $SOMO could be next. SOMO will quite literally be the Pokemon Go of Web3 and is also a playable 3D game

$SOMO seems to be the next big cook following after $PORTALโ€™s success, hitting a 3bn FDV and it was the biggest Binance Launchpool launch in history. I would really recommend picking up some $PORTAL and staking via their launchpad for the $SOMO saleโžก๏ธ https://launchpad.portalgaming.com

โบWallets will be able to purchase up to 1 ETH of $SOMO and to balance the demand against the available allocation โ€“ there will be a weighted raffle to give everyone a fair chance. Your chances in the raffle are dictated by your ticket size and how early within the 24 hours you purchase.
The earlier you purchase and the bigger your ticket, the more $SOMO youโ€™re likely to receive. The current presale price terms seem very fair considering other rounds available like Pixelmonโ€™s $MON and Revolving Gamesโ€™ $RCADE.

โœ–๏ธ Portal Twitter: https://twitter.com/Portalcoin
โœ–๏ธ SOMO Twitter: https://twitter.com/playsomo
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๐Ÿ”’ Thai SEC Takes Action: Unauthorized Digital Asset Platforms Under Scrutiny

๐Ÿšซ In a significant move, the Thailand Securities and Exchange Commission (SEC) has shifted gears, moving away from lawsuits and towards collaboration with the government. The aim? To block access to unauthorized digital asset service providers that may be facilitating criminal activities.

๐Ÿค The Ministry of Digital Economy and Society has called upon the SEC to share crucial information on these platforms. By doing so, they hope to bolster law enforcement efforts and safeguard users from potential harm.

๐Ÿ“ This isn't just a simple handover, though. The SEC must also navigate the legal landscape by filing a petition with the court. They're keenly aware of the need to balance their actions with the impact on users who may rely on these services.

โš ๏ธ While this new approach marks a departure from previous tactics, it's clear that the SEC is determined to protect investors. They've issued a stern warning about the risks associated with dealing with unlicensed operators, emphasizing scams and money laundering as potential pitfalls.

๐Ÿ” To stay on the safe side, investors are urged to consult the SEC's database of authorized operators. Caution is key in this rapidly evolving digital asset landscape โ€“ better safe than sorry!

Remember: when it comes to your investments, knowledge is power โ€“ and protection.
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๐Ÿ“ˆ Crypto Goes Mainstream: Over Half of Canadian Institutional Investors Embrace Digital Assets in 2023

๐Ÿฆ In a groundbreaking shift, a recent survey reveals that 50% of Canadian institutional investors are now actively offering crypto asset products to their clients. This marks a significant 9% increase from just two years ago.

๐Ÿ“Š The biannual study, conducted by KPMG Canada and CAASA, highlights that nearly 40% of institutional investors now have some form of exposure to digital currencies, up from around 30% in 2021.

๐Ÿ“ˆ Among the preferred investment vehicles, ETFs and regulated products take the lead, with half of the surveyed investors opting for these options. Additionally, crypto-related public equities have gained traction, attracting 58% of respondents compared to a modest 36% in the previous year.

๐Ÿ’ผ While venture capital and hedge funds saw a slight dip in interest, with only a quarter investing as limited partners, Kunal Bhasin from KPMG suggests that the industry's resilience after the FTX collapse and the allure of crypto as an inflation hedge played key roles in this evolving landscape.

๐ŸŒฑ Kareem Sadek, also from KPMG, emphasizes that Canada's progressive approach to approving bitcoin and ethereum ETFs and enabling advanced strategies like Ethereum staking has been instrumental in attracting institutional players.

๐Ÿ’ผ As for portfolio allocation, an impressive third of those surveyed have committed 10% or more to digital assets. This is a substantial leap from a mere 5% in 2021. The growing maturity of the market and improved custody solutions are cited as major factors driving this increased confidence.

With crypto assets gaining recognition as an alternative asset class, it seems that Canadian institutions are increasingly embracing the potential of digital currencies as they navigate an ever-evolving financial landscape.
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๐Ÿšซ Russia Cracks Down on Crypto Exchanges: Domestic Operations to Face Ban

๐Ÿฆ Anatoly Aksakov, Chairman of the Russian Duma for the Financial Market, Drops the Hammer

Starting September 1, Russia is set to tighten its grip on the crypto industry by banning domestic operations of cryptocurrency exchanges. This move comes as part of a broader bill aimed at regulating cryptocurrency mining in the country.

๐Ÿ›  Mining Gets a Pass, but Exchanges Are Out

While mining activities and pools will enjoy certain exceptions, Aksakov's bill leaves no room for crypto exchanges. The goal? To protect the Russian ruble, which he believes is the only true monetary unit.

๐Ÿ’ฑ Digital Rubles Get a Green Light

But it's not all doom and gloom for digital assets in Russia. Aksakov emphasizes that homegrown digital financial assets, such as the proposed digital ruble, will still be able to roam freely within national borders.

๐ŸŒ A Gateway to Global Markets?

Aksakov sees these digital assets as a potential game-changer for Russia's financial landscape, especially in light of economic sanctions. He even hints at their role in future international transactions, calling them a "serious channel" to replace traditional fiat currencies.

โŒ Circulation Not Prohibited, Just Organized

Dispelling rumors of a total crypto ban, co-sponsor Anton Gorelkin clarifies that while exchanges are off-limits, the circulation of cryptocurrencies itself won't face restrictions. It's all about keeping things within an experimental legal framework.

๐Ÿฆ Bank of Russia's Projects Get a Pass Too

Not to be left out, the Bank of Russia's own crypto endeavors will also be exempt from this regulatory crackdown. Governor Elvira Nabiullina had previously stressed the need for a controlled approach to digital currencies in international payments.

As Russia tightens its grip on the crypto landscape, it remains to be seen how this move will impact the country's position in the global digital economy.
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2024/05/02 17:07:48
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