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- Crypto Alpha, 1 September 2024
Crypto Alpha, 1 September 2024
Daily Alpha on All Things Crypto, Web3 and Blockchain
TL;DR
DOGS is introducing two new token claim options to alleviate network congestion and speed up transactions.
The U.S. Department of Justice has charged Geoffrey K. Auyeung in connection with a $64 million cryptocurrency money laundering operation.
Since October 30, 2023, Bitcoin has been trading at a premium in South Korea.
Justin Sun will soon reveal the plan for the destruction of the SUN token.
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Alpha of the Day
DOGS Token Claims: Faster and Less Chaotic
In an attempt to make the crypto world a little less chaotic, DOGS is rolling out two new token claim options. If you've ever felt like you were stuck in rush hour traffic while trying to claim your tokens, this one's for you. These new options are designed to ease the load on the network and speed up the entire process, so you can finally get your hands on those precious tokens without the stress. Think of it as a VIP pass that lets you skip the lineābecause who has time to wait?
Geoffrey K. Auyeung and the $64 Million Crypto Laundromat
In a plot twist that could be straight out of a heist movie, the U.S. Department of Justice has charged Geoffrey K. Auyeung with running a $64 million cryptocurrency money laundering scheme. If you thought laundering money was old school, think again. Geoffrey took it digital, proving that crime really does payāuntil it doesnāt. Now, instead of swimming in a pool of Bitcoin, heās facing the long arm of the law. Looks like this crypto caper has reached its final chapter.
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ETFs: Whereās the Trading Volume?
If youāre expecting spot Ethereum and Bitcoin ETFs to be as lively as your favorite CEX, think again. Analysis shows that the trading volume ratio between these ETFs is much lower compared to the action happening on centralized exchanges. Itās like comparing a quiet afternoon tea to a wild night at the club. The ETFs just arenāt bringing the same energy, and it seems investors are still partying elsewhere. Maybe these ETFs need a little more hypeāor maybe the quiet life isnāt so bad after all.
Since October 30, 2023, Bitcoin has been living its best life in South Korea, trading at a premium. If Bitcoin were a celebrity, this would be its red carpet moment. While the rest of the world watches from the sidelines, South Korea is throwing extra won at Bitcoin like itās the hottest ticket in town. Whether itās market dynamics or just pure FOMO, the premium is real, and Bitcoin is soaking up the spotlight in the land of K-pop and kimchi.
Behind-the-scenes stories from across the creator economy.
Uniswap Foundation: $2 Million for Mother Earth
The Uniswap Foundation is putting its money where its mouth is, and Mother Earth should be proud. In their latest ecological impact report, theyāve allocated over $2 million to four research-focused projects. Itās like a love letter to the planet, written in crypto. From sustainability to innovation, these projects are set to make wavesāor at least ripplesāin the ecosystem. Uniswap is proving that crypto isnāt just about profits; itās also about making a positive impact.
Justin Sunās SUN Token Burn: Incoming Heat
Justin Sun is about to turn up the heat with his upcoming SUN token destruction plan. While most people are busy hoarding tokens, Justin is planning to torch some of his own. The details are still under wraps, but you can bet itās going to be dramatic. This token burn could reduce supply and possibly give SUN holders something to cheer about. Stay tuned, because when Justin says āburn,ā you know things are about to get litāliterally.
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Daily #Crypto Alpha | September 1 2024
ā¢ #DOGS is introducing two new #token claim options to alleviate network congestionā¦ x.com/i/web/status/1ā¦
ā WAGMI | Crypto, DeFi & Web3 News (@wagmiglobal_)
7:33 AM ā¢ Sep 1, 2024
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