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- Crypto Alpha - 1 November 2024
Crypto Alpha - 1 November 2024
Daily Alpha on All Things Crypto, Web3 and Blockchain
TL;DR
TestME Token Says Goodbye: Unclaimed Airdrops Set for Destruction
Suilend Makes Waves with sSUI: A Liquid Staking Debut
500 BTC Moves from Mt. Gox Wallet — Cue the Speculation
MicroStrategy’s Non-Stop BTC Buying Spree: A Habit Since Q3 2020
Franklin Templeton’s Benji Brings Blockchain Record-Keeping to Base
ZetaChain Engineers Hustling to Fix Mainnet Consensus Issues
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Alpha of the Day
TestME Token Says Goodbye: Unclaimed Airdrops Set for Destruction
Magic Eden’s test token, testME, has officially closed its airdrop application window, and it’s a bit of a ruthless farewell for any unclaimed tokens. Those unclaimed little testMEs aren’t sticking around — they’re headed for destruction. No token stragglers here, Magic Eden is clearly keeping things efficient, maybe even a little savage. This “use it or lose it” approach is a wake-up call for anyone hoping to score free tokens without checking back in. So, for the procrastinators: better luck next time!
Suilend Makes Waves with sSUI: A Liquid Staking Debut
Suilend just took staking to the next level, introducing its shiny new liquid staking token, sSUI. This isn’t just another acronym in the crypto world; it’s a token that lets you keep earning on staked assets while having them available for trading. Imagine getting to have your cake and eat it too — except in this case, your cake is a staked token, and eating it is trading it. Whether you’re a DeFi junkie or just a passive income seeker, sSUI adds flexibility with flair. Now you don’t have to commit your tokens to staking purgatory just to make some gains.
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500 BTC Moves from Mt. Gox Wallet — Cue the Speculation
Just two hours ago, a whopping 500 BTC were moved from the infamous Mt. Gox wallet, setting the crypto community abuzz with questions. The word “mystery” doesn’t even cover it. What’s the reason behind this sudden movement? Is it a release to creditors or just some strategic reshuffling? Either way, it’s enough to make Twitter and Reddit light up like a Christmas tree. With so many BTC shifting around, you can bet everyone’s got their theories ready. Watch this space for conspiracy theories, expert analysis, and maybe a meme or two.
MicroStrategy’s Non-Stop BTC Buying Spree: A Habit Since Q3 2020
When it comes to Bitcoin, MicroStrategy is the ultimate hodler — they’ve bought BTC every quarter since Q3 2020, which means no bear market, no dip, no nothing has phased them. Picture that friend who orders the same coffee every day, rain or shine; that’s MicroStrategy with Bitcoin. It’s become almost like clockwork: new quarter, new stack of Bitcoin. If consistency is key, MicroStrategy is the door to Bitcoin adoption. With this unshakeable buying habit, they’re pretty much the official BTC cheerleader of the corporate world.
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Franklin Templeton’s Benji Brings Blockchain Record-Keeping to Base
Franklin Templeton has just launched Benji, a blockchain-based record-keeping platform, on Base. Now, we all know the finance world isn’t exactly known for quick tech adoption, so seeing Franklin Templeton make moves in the blockchain space is kind of a big deal. Benji’s got its eyes set on handling records with the transparency and efficiency only blockchain can offer. Whether it’s for real-time data access or just bragging rights in tech circles, Benji on Base is proof that even the finance giants are ready to dabble in decentralization.
ZetaChain Engineers Hustling to Fix Mainnet Consensus Issues
Over at ZetaChain, the engineers are rolling up their sleeves to iron out some mainnet consensus problems. They’ve got their hands full trying to get everything back to a smooth state of decentralized harmony. A mainnet without consensus is like a band where each musician’s playing a different song — chaotic, confusing, and not at all functional. But the team’s hard at work, troubleshooting and re-aligning the blockchain’s virtual choir to get everyone singing from the same sheet again. Fingers crossed for a quick fix so we can get back to decentralized normalcy.
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Daily #Crypto Alpha | November 1 2024… x.com/i/web/status/1…
— WAGMI | Crypto, DeFi & Web3 News (@wagmiglobal_)
1:20 PM • Nov 1, 2024
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