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Sonic Labs Announces $250,000 Sonic DeFAI Hackathon in Partnership with DoraHacks and Zerebro By PK Press Club

George Town, Cayman Islands, January 20, 2025, PK Press Club Sonic Labs, the team behind the highest-performing EVM L1 blockchain Sonic, announced the launch of the Sonic DeFAI Hackathon, in partnership with DoraHacks, a global hackathon organizer, and Zerebro, an autonomous AI agent. With $250,000 in prize money, the hackathon invites participants to compete over

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Rex and Osprey want to bring Trump Memecoin to institutions with a new crypto ETF

Crypto issuers surely seem to think anything is possible now that Donald Trump is in power. Exchange-traded fund issuer Rex Shares and crypto asset manager Osprey Funds filed numerous crypto-focused exchange-traded funds (ETFs) on Tuesday, including a Trump ETF, according to a Tuesday filing with the Securities and Exchange Commission (SEC). The ETF would track

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Building a strategic Bitcoin reserve could take up to 2 years: Willy Woo by PK Press Club

PK Press Club – In a recent tweet, cryptocurrency investor, trader and entrepreneur Willy Woo shared his views on the prospects of creating the US National Reserve and why the new US president has not signed any orders to do so. subject on his first day in the White House. . Woo warned that creating

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USDC Stablecoin Issuer Circle Acquires $1.3 Billion Tokenized RWA Company Hashnote

Circle, the crypto company behind the $48 billion USDC stablecoin, announced Tuesday that it has acquired tokenized real-world asset (RWA) issuer Hashnote. The companies closed the deal this morning, a Circle spokesperson told CoinDesk, and was announced in Davos, Switzerland, at the World Economic Forum’s annual meeting. The companies did not reveal pricing details. Circle

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Smart Valor conducts a strategic review that could lead to a sale of the company

Smart Valor, an AI-powered cryptocurrency exchange and investment company, is exploring the possibility of selling all or part of its business. The Zug, Switzerland-based company is conducting a strategic review after receiving a number of inquiries from major global exchanges, crypto platforms and traditional financial institutions (TradFi), including banks and trading platforms. trading, CEO and

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RabitiAI Launches to Simplify AI Technology with User-Centric Solutions by PK Press Club

SINGAPORE, Singapore, January 21, 2025, PK Press Club RabitiAI enters the AI ​​landscape with a focus on simplifying the technology and making it more accessible. As artificial intelligence continues to expand its role in everyday life, it often presents challenges alongside its potential. Today, many AI tools are complex and lack the adaptability to meet

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CoinDesk Indices Launches New Index That Diversifies Exposure Beyond Top 20 Digital Assets

CoinDesk Indices, a subsidiary of CoinDesk, introduced the CoinDesk 80 Index to meet the growing institutional demand for liquidity across various digital assets. The new offering is designed to track the performance of the next 80 digital assets beyond the CoinDesk20 Index, according to a press release. The bullish exchange, which has surpassed $1 trillion

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Binance Claims Its Users Saved $1.75 Billion in Funds Transfer Fees By PK Press Club

PK Press Club — Binance, the global cryptocurrency exchange, announced that its users saved approximately $1.75 billion in transfer fees by using its platform for user-to-user crypto fund transfers . From 2022 to 2024, Binance facilitated $26 billion in these transactions, highlighting the profitability of cryptocurrencies for international money transfers. Remittances play an important role

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