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Certainly! Here are the top cryptocurrency news and market updates for Thursday, October 16, 2025! 📰🚀 🔝 Today's Top Crypto Headlines 1. Kraken Buys Derivatives Exchange to Enter US Market 🇺🇸 Crypto exchange Kraken is making a major push into the US derivatives market by acquiring the Small Exchange for an estimated $100 million. This move positions Kraken to launch a regulated platform for futures and other derivatives trading in the United States, competing directly with larger established firms. 2. Paxos Accidentally Mints $300 Trillion in PYUSD (and Burns It) 😮 Stablecoin issuer Paxos made a jaw-dropping technical error overnight, accidentally minting $300 trillion worth of its PayPal USD (PYUSD) stablecoin on the Ethereum network. The company quickly identified the massive error and burned all the excess tokens just 22 minutes later, confirming it was a technical glitch during an internal transfer. 3. Market Struggles Continue as BTC Holds Near $111K 📉 The market is showing persistent weakness as Bitcoin (BTC) consolidates around the $111,000 level. Analysts report that selling pressure has intensified, with notable "whale selling" and an increase in short-term put demand (bets on lower prices). Traders are cautious, and the overall market sentiment remains in the "fear" zone following last week's major crash. 💼 Key Business & Policy Updates ✳️Crypto Baskets Come to Crypto.com: Tokenwell Platforms has integrated its platform with Crypto.com Exchange, allowing retail investors to access professionally structured crypto baskets (index funds) from leading providers, making diversified investing easier. How would you like to see these updates next—perhaps with a deeper dive into one of these stories, or maybe an analysis of the top-performing altcoins today? 🤔 ⚠️️Disclaimer: This report is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are highly volatile. #CryptoNews $BTC #Altcoin
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ZKC rewards real contribution — not empty hype. ⚙️ Provers stake their ZKC, take on proof jobs, and get paid for verified output. Fail to deliver? You lose part of your stake. That’s accountability baked into crypto. This is why Boundless stands out in the ZK world — transparency, efficiency, and fairness. @Boundless #Boundless $ZKC
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ZKC = Zero Knowledge Compute. 🧠 Each transaction, proof, and computation can now scale without blowing up gas costs. In the Boundless network, provers earn ZKC for completing verified jobs — not for speculation. This means every token is backed by work. Proof of Verifiable Work = Proof of Real Value. 🚀 @Boundless #Boundless $ZKC
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🔥 Developers, listen up! Boundless helps you build smarter, faster, and cheaper dApps. With its ZK infrastructure and PoVW model, you can offload complex logic off-chain while still keeping trust and verification. You don’t need to be a cryptographer — Boundless gives you tools to use ZK proofs easily. This is how real-world adoption happens! @Boundless #Boundless $ZKC
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💡 Boundless (ZKC) is redefining how decentralized computation happens! Imagine outsourcing your app’s heavy lifting to a global network of provers — and paying them with ZKC. 🚀 It’s cheaper, faster, and verifiable thanks to zero-knowledge proofs. The best part? Everything remains trustless and secure. No need to re-execute transactions again and again — Boundless handles the math. The future of scalable blockchain is here, and ZKC is the engine that powers it. 🌐 @Boundless #Boundless $ZKC
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