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Pump.fun revenue surged over $800 million from a 1% transaction fee, bouncing back to its top position in the number of graduating tokens.
The platform's daily revenue exceeds $1M, with LetsBonk.fun dropping below $30K.
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Wyoming state launches U.S. dollar stablecoin on seven blockchains, becoming the first public entity in the states to issue a crypto-based stable asset.
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Bo Hines, Former White House Crypto Council Director, joins @Tether USDT as a strategic advisor. Hines had announced in August 11th his departure from his previous role to return to the private sector, with plans to assist in AI initiatives alongside David Sacks.
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🚨Updates from Lawyer Gilbert Ng on Hong Kong's Stablecoin Law: > Only stablecoins issued in Hong Kong or pegged to its currency are regulated > USDT and USDC are not included > The law does not mandate KYC but regulators prefer closed-loop models
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Guangdong province, China, plans to support AI and robotic projects with a maximum of ¥50M Chinese Yuan ($6.96M USD). > Up to 40% subsidy > Focus: innovation centers, top enterprises, AI industrialization, open-source ecosystems > Policy valid: Sept 2025 - Dec 2027
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Ethereum’s leveraged short positions climbed to new heights of $38.75M. $378M was also added to the $ETH stablecoin supply in the last 24 hours, hinting to fresh liquidity pouring in. @Ethereum
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