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EXMO and Euler Partner to Enhance Yield Opportunities in DeFi

EXMO has partnered with Euler to enhance yield opportunities for its users by leveraging Euler’s secure lending protocol. This collaboration aims to bridge centralized and decentralized finance, allowing EXMO users to access new DeFi products and potentially higher yields while ensuring security and accessibility. The partnership also introduces Euler’s governance token, EUL, to EXMO’s community, expanding its reach within the centralized exchange environment.

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Suspicious Cryptocurrency Outflows Linked to Mask Network Founder Detected

Suspicious outflows were detected from a wallet linked to Mask Network founder Suji Yan, with approximately $4 million in cryptocurrencies flagged, including 113 ETH and 48,400 MASK. The funds were subsequently swapped to ETH and funneled through multiple addresses, highlighting the growing sophistication of cyber threats in the Web3 space. This incident follows a series of high-profile hacks, including the $1.4 billion Bybit breach, attributed to the Lazarus Group, which exploited compromised developer credentials to divert funds.

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Danny Ryan Gains Support for Ethereum Foundation Leadership Amid Ongoing Discussions

A majority of ETH wallets, holding over 51,198 ETH ($164 million), have informally voted for Danny Ryan as the next leader of the Ethereum Foundation, with 97% of 335 voters in support. Despite this, Ethereum co-founder Vitalik Buterin emphasized that leadership changes will remain under his control until structural reforms are implemented. Meanwhile, discussions about the future of Ethereum include proposals from Justin Sun and Hayden Adams, while the Aave DAO has expressed interest in acquiring the Ethereum Foundation.

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Ronin Partners with Transak to Simplify NFT and Crypto Purchases

Ronin, a gaming blockchain built on Ethereum, has partnered with Transak to simplify NFT and crypto purchases. Users can now buy RON, USDC, WETH, and SLP directly with fiat currencies using credit and debit cards, making transactions as easy as traditional online shopping. Additionally, Transak’s NFT Checkout is integrated into Mavis Market, allowing for seamless NFT purchases without needing pre-purchased crypto.

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Ronin Network Partners with Transak for Simplified Fiat to Crypto Transactions

Ronin Network has partnered with Transak to facilitate fiat-to-crypto transactions and NFT purchases, allowing gamers to use credit cards and Apple Pay for direct purchases. The integration includes Transak’s NFT Checkout service in Mavis Market, enabling users to buy NFTs without needing prior cryptocurrency. Transak aims to simplify blockchain interactions for gamers by 2025, while also addressing a recent data breach that exposed information of over 92,000 users.

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Sonic Chain Launches Ethereum Bridge Impacting FTM Price and Liquidity

Sonic Chain has launched its Ethereum bridge, enabling secure asset transfers of USDC, EURC, WETH, and FTM from Ethereum to Sonic. Following its mainnet launch, the bridge has passed audits from three security firms and includes a $2 million bug bounty program with ImmuneFi. Despite these advancements, FTM’s price remains under pressure, currently at $0.9720, reflecting a 21% loss over the past week.

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Donald Trump’s World Liberty Financial Acquires 50 Million in DeFi Assets

Donald Trump’s World Liberty Financial (WLFI) has acquired $50 million in decentralized finance (DeFi) assets, including $35 million in ETH/WETH and $10 million in cbBTC, as it prepares for its token sale. The project, which claims to be the only DeFi platform inspired by Trump, aims to disrupt traditional financial institutions. Notably, TRON DAO founder Justin Sun has become the largest holder and advisor after receiving 2 billion tokens from his investment.

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Chainlink Partners with 21X to Launch Tokenized Asset Settlement System

Chainlink (LINK) has partnered with EU-based firm 21X to provide oracle services for a tokenized asset settlement system, set to launch in Q1 2025 under German financial regulations. This collaboration aims to facilitate trading of tokenized stocks, bonds, and stablecoins across multiple chains.As LINK rallies above $23, driven by new integrations and a growing altcoin season, it continues to dominate the oracle market, securing over 51% of services in the crypto space. The community anticipates further price increases, with expectations of breaking its all-time high above $49.

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QuillAudits Enhances Security by Resolving 32 Critical Issues in Five Projects

QuillAudits has successfully identified and mitigated 32 critical issues across five major projects, enhancing security in the Web3 landscape. Their audits included protocols like Torque, BTCfi, LicenseFlow, OMA3, and ERUSD, addressing vulnerabilities such as fund handling, outdated software, and centralization risks. With a flawless track record and over 1,000 audits across 20+ blockchains, QuillAudits continues to set the standard for smart contract security.

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