MAGIC/USDT Doing good magic 🪄 Now ! #MAGIC #FedOfficialsSpe | CryptoMagaKing on Binance Square

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MAGIC/USDT Doing good magic 🪄 Now !#MAGIC #FedOfficialsSpeak #StrategyBTCPurchase #FedOfficialsSpeak #MarketPullback 
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🚨 Hyperdrive Exploit: $782K Drained from Hyperliquid-Based Protocol On Saturday night, Hyperdrive, a lending protocol built on Hyperliquid, was exploited for ~$782,000 after an attacker targeted its Primary USDT0 Market and Treasury USDT Market. 🔻 The attacker extracted 673,000 USDT0 and 110,244 thBILL, quickly converting them into cross-chain assets (BNB & ETH) and moving them off-chain. 🔍 CertiK (CTK) reported the exploit stemmed from an arbitrary call vulnerability in the router contract. ⚡ In response, Hyperdrive: ✅ Paused the protocol to prevent further losses ✅ Identified and fixed the root cause ✅ Announced a compensatory plan for affected accounts 📊 Currently, Hyperdrive still holds $21M TVL (per DefiLlama). 👉 This marks the third major security incident on Hyperliquid since its launch in late 2024. DYOR No Financial advice! #DeFi #Security #Hyperdrive #Binanceupdate #TradingAlert $HYPE $ETH $CTK

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📢 Mega Whale Moves $SOL! According to Onchain Lens, the whale wallet “CMJi” transferred 250,000 $SOL (≈ $51.89M) into several centralized exchanges — including Binance — over the last 48 hours. Such large inflows could signal major market intentions 👀. Will this whale spark volatility in the $SOL market? DYOR No Financial advice! #Solana #WhaleAlert #Binance #MarketRebound #SolanaETFUpdate $SOL

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📢 Babylon Proposes Inflation Cut & BTC-BABY Joint Staking The Bitcoin staking protocol Babylon community has introduced a new proposal aimed at reshaping the $BABY token economy. The plan focuses on reducing inflation and launching BTC-BABY joint staking to strengthen security and long-term adoption. 🔑 Key Highlights: 📉 Inflation Cut: Annual rate lowered from 8% → 5.5% (≈30% reduction). 🪙 Allocation Breakdown: 1️⃣ 1% → Bitcoin ($BTC) stakers (+ commissions for finality providers) 2️⃣ 2% → BABY stakers (+ commissions for CometBFT validators) 3️⃣ 2.35% → BTC-BABY joint staking rewards (1 BTC staked per 20,000 BABY) 4️⃣ 0.075% + 0.075% → Active validators & finality providers (delegation-based) ⚡ Why It Matters: The introduction of joint staking incentivizes Bitcoin holders to also stake BABY, boosting protocol security while aligning rewards across both ecosystems. 📌 The proposal notes that once trustless Bitcoin custody is enabled, tokenomics will be re-evaluated to further optimize adoption and growth. DYOR No Financial advice! #Babylon #Bitcoin #BABY #Cryptonews #Staking $BABY $BTC

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🚀 Plasma Network (XPL)Surges on Aave! According to data from sealaunch_, Aave’s activity on the Plasma network (XPL) is hitting new milestones: ✅ Deposits surpass $6.50B ✅ Borrowings exceed $2.00B With these numbers, Plasma now ranks as the 2nd largest lending scale network on Aave, showcasing its rapid adoption and strong DeFi momentum. 🔥 DYOR No Financial advice! #AAVE #DeFi #Binanceupdate #Cryptonews #MarketRebound $XPL $AAVE

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🚀 Sonic Labs ($S ) Names New CEO — Mitchell Demeter According to Decrypt, Sonic Labs (formerly Fantom) has appointed Mitchell Demeter as its new Chief Executive Officer. Demeter will spearhead Sonic Labs’ next phase of global expansion, focusing on: ✅ Driving worldwide developer & ecosystem adoption ✅ Building strong institutional partnerships ✅ Connecting with U.S. & global capital markets 📌 Background: Mitchell Demeter is a well-known crypto pioneer — he launched the world’s first Bitcoin ATM in Vancouver and co-founded Cointrader Exchange, one of Canada’s earliest digital currency trading platforms. Meanwhile, Michael Kong, who guided Sonic Labs to its current success, will remain actively involved as Board Member & CIO. DYOR No Financial advice! #CryptoNews #Binanceupdate #SonicLabs #Leadership #MarketRebound $S $BTC

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Latest News

Binance Launches Educational and Trading Promotions with Token Rewards

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Mitchell Demeter Appointed CEO of Sonic Labs to Drive Global Expansion

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Ethereum Foundation Promotes ERC-8004 Standard for Decentralized AI Agents

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USDC Treasury Burns 51 Million Tokens on Ethereum

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