Ahmed Tawfeeq

San Francisco-based Movement Labs is close to securing a $100 million Series B funding round co-led by CoinFund and Nova Fund. The fresh capital will allow Movement Labs to enhance its blockchain infrastructure, integrating Facebook’s Move Virtual Machine with Ethereum.

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Cardano developer Input Output (IOHK) and Hedera have joined Algorand Foundation, Hashgraph, Ripple and XRPL Labs as the final Founding Members of the Decentralized Recovery Alliance, with two-year seats on the Technical Oversight Committee where they will provide input on governance and core Alliance policies. #DeRecAlliance DLT Science Foundation, HashPack, Oasis and Palisade, Inc. have joined as Alliance Members to advance the DeRec Alliance’s mission of creating a decentralized, interoperable recovery standard to facilitate the widespread adoption of #crypto and #web3. We look forward to working alongside these new members to further drive our collaborative, multi-chain efforts to develop an #OpenSource, industry-standard protocol that makes #DigitalAsset recovery seamless and secure—creating a safer and more accessible web3 ecosystem for all. Learn more: https://lnkd.in/eVvpV--Z

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🔥 Palisade is thrilled to join the Decentralized Recovery Alliance (DeRec) as the first regulated custodian! 🔐 Tom Kiddle, Our Co-founder, shares “This is a critical step for us at Palisade, signalling to the industry that we are passionate about safeguarding assets and private keys—not just for our clients, but across the entire ecosystem.” We're excited to work with industry leaders to make Web3 more secure, accessible, and ready for mass adoption. 🌐 #Web3 #Blockchain #DigitalAssets #Crypto #CryptoSecurity

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Welcome Input Output (IOHK) and Hedera to the Decentralized Recovery Alliance (DeRec)! Input | Output, developers of Cardano, and Hedera, are joining Algorand Foundation, Hashgraph, Ripple and XRPL Labs, as the final Founding Members of the DeRec Alliance. Together, we are advancing the #DeRecAlliance's mission of creating an interoperability recovery standard to facilitate the widespread adoption of crypto and other assets. Algorand Foundation CTO, John Woods, further emphasizes the importance of the alliance. "We co-founded the DeRec Alliance as part of our mission to improve the UX for the entire ecosystem, from regular users to developers, delivering a better, more accessible, and more secure experience for all. Streamlined key recovery is vital, as is further decentralization of other important infrastructures."

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The best kept secret in DeFi. The Euler Multiply page — It allows for looping strategies to be created in just a few clicks. The Euler Multiply page: https://lnkd.in/ghH-zek5 (Note that Multiply is not available in some jurisdictions)

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UCBI Banking UCBI Banking West Africa Crypto projects set to unlock $2.6B in tokens in November The most noteworthy token unlocks in November include Memecoin, Aptos, Arbitrum, Avalanche and Optimism ocked digital assets worth $2.68 billion will hit the market in November as vesting periods for blockchain-based projects expire. According to vesting data tracker Tokenomist (formerly Token Unlocks), $2.68 billion in crypto assets will be unlocked in November. Over $900 million in tokens will be unlocked on a cliff basis, while about $1.7 billion will be unlocked linearly.

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Your favorite hub for easy cross-chain transfers just added another option: $USDT has launched on Sui Bridge! Ethereum users can now enjoy easy, streamlined access to the Sui DeFi ecosystem by moving assets like ETH and USDT with the signature speed and security of Sui. Start bridging now: https://bridge.sui.io/

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🥸 Want to try out the #SUI #blockchain? Try bridging your assets over and play around in their ecosystem! 💯🤘🏼🙌🏼 Link below…

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Infamous crypto hacker resurfaces with massive $172M ETH transfer after two years of silence. The infamous "Blockchain Bandit," known for amassing 51,000 Ether by exploiting weak private keys, has unexpectedly moved the entire stash into a single wallet after two years of inactivity. Blockchain investigator ZachXBT reported the transfers on Dec. 30, revealing that the funds were consolidated into a multi-signature wallet address “0xC45…1D542.” The transfers, conducted in batches of 5,000 Ether, occurred within a short 24-minute window. #Secret3 #cryptonews #web3 #defi #crypto Read more: https://lnkd.in/gKJN8GRm

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Checker Node Holders’ Community Bonus Rewards Claims are Live 🎉 🚀 Node Holders, the Aethir Community Bonus Rewards Program has just gone LIVE. There are $20M in ATH tokens available to be claimed by our Checker Node Operators. 🏆 Claim your rewards on the Ethereum network here 🔗: https://lnkd.in/dqChiVPn Note: Users have 15 days to claim these rewards! That's not all. To earn even more from the second portion of the Community Bonus Rewards, you can stake the checker node ATH bonus into the Aethir Staking platform to earn from an additional $30M reward pool. Details below: 📅 After claiming your rewards, stake them in the ATH-AI pool anytime to earn for the next 6 months of bonus AI pool emissions at https://lnkd.in/dZKBZbCQ 🚩 First week of bonus emissions are eligible for those that staked in the ATH-AI pool by 23:59 UTC on July 31st 🪂 Node holders who staked and held their ATH in Season 1 of our airdrop as well as during the Community Bonus Rewards Program will receive additional airdrops in Seasons 2 and 3. 👀 With the support of our Node Operators, Aethir is building the largest decentralized infrastructure network in the space 🌐 Checker Node bonus rewards were distributed according to: 1️⃣ All checker node holders receive a base set of ATH rewards! 2️⃣ Extra bonus ATH are available to node holders who also have staked ATH between our token launch and the last snapshot on July 23 💎 Again, the bonus rewards are claimable now on the Ethereum chain: https://lnkd.in/dqChiVPn

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DeFi is making progress Total financial losses from DeFi exploits dropped from $84.51M in Q3 2024 to $58.6M in Q4 2024. 160 breaches show the need for better safeguards. Audited protocols are proving their worth with $3.21B in losses compared to $4.63B for unaudited ones. Most issues are caused by smart contract bugs and private key vulnerabilities. Lending protocols (43 incidents) and DEXs (28 incidents) require focused efforts to strengthen defenses. DeFi’s future depends on better security, rigorous audits, and user education to build a safer and more resilient ecosystem.

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🆕 The Omnity team is developing a new protocol internally named REE (Runes Exchange Environment), which enables fully programmable, composable, publicly verifiable, and censorship-resistant smart contracts on Bitcoin Layer 1. REE paves the way for the flourishing of BTCFi. 🔍 Learn more: https://bit.ly/3ZhpRbO

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$WENMOON Token Utility 📢 ▪️Governance Voting ▪️Staking Rewards ▪️Exclusive Access ▪️Fee Discounts ▪️Liquidity Mining Dive into $WENMOON LBP and unlock these benefits! #Blockchain #Crypto #DeFi #Solana #WenLaunch 

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