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DeFi protocol Stream Finance has temporarily suspended all withdrawals and deposits after an external fund manager overseeing its assets disclosed a loss of roughly $93 million.
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Balancer Hacker Converts Stolen Funds to #Ethereum as Stakewise Recovers $21M. #CryptoNewsFlash
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"Shiba Inu Listed Among Possible Spot ETFs — Grayscale Sparks Massive Hype"
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In a remarkable turn of events, the supply of RLUSD, Ripple’s stablecoin, has surpassed the $1 billion valuation mark. Market-tracking platforms such as Ripple Stablecoin Tracker on X and CryptoQuant confirm this milestone. With a $1 billion market cap, #RLUSD solidifies its position among the top ten largest stablecoins in the market. #CryptoNewss
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"Cardano Could Explode in the Next Altcoin Cycle — Mid and Long-Term Targets Revealed"
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#shiba⚡ Inu ecosystem team, through its marketing lead Lucie, has unveiled a significant milestone for its primary token, SHIB. In an X post titled, “Good News for SHIB Holders,” marketing lead Lucie celebrated Shiba Inu’s inclusion in the FTSE Grayscale Crypto Sectors Framework, a classification system jointly developed by Grayscale Investments and FTSE Russell. Notably, Shiba Inu was listed under the Consumer & Culture” crypto sector. According to Lucie, this classification highlights Shiba Inu among the crypto projects contributing to community, culture, and entertainment within the digital asset space. For context, Grayscale and FTSE launched the crypto index framework in 2023 as part of efforts to expose investors to assets beyond Bitcoin and Ethereum. The index classified cryptocurrencies into five distinct niches, such as financials, smart contracts, currencies, utilities & services, as well as consumer & culture. At the time, the consumer and culture niche featured tokens like ImmutableX (IMX), Decentraland (MANA), and ApeCoin (APE). However, Shiba Inu was not mentioned at that time. Notably, Grayscale has now listed Shiba Inu under the Consumer & Culture sector in its latest report. According to Lucie, the inclusion of Shiba Inu in the framework reaffirms that the project’s foundation is strong, its vision remains alive, and its future is undeniably real. #CryptoNewsFlash
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