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Token-Specific Risks in August:
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Fully homomorphic encryption network Zama announces a strategic partnership with Conduit to expand confidential smart contracts. It will choose to run a dedicated Arbitrum rollup for the Zama protocol, powered by Conduit, and when the Zama mainnet launches, all Conduit chains will access its confidential computing through the Conduit marketplace. Projects on Conduit can provide encrypted transactions and private smart contracts to their users through minimal integration.$ARB $BNB
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Are you ready for trade????? Just wait for signal!!!!! $ARB
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On July 31, according to OnchainLens monitoring, a newly created wallet address withdrew $4.20M worth of tokens from Binance: 80,126 LINK, worth $1.46M; 110.34B SHIB, worth $1.45M; 3.44M MATIC, worth $762,000.00; 142.62 ETH, worth $552,000.00. $BNB $SOL
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The Philippine government has announced the launch of a document verification system based on the Polygon blockchain to ensure the authenticity and transparency of budget documents, despite a brief network outage on the same day. The project, implemented by the Department of Budget and Management (DBM) in collaboration with local company Bayanichain, uses blockchain to record file data hashes for public query and verification. Officials say the move is aimed at preventing the risks posed by AI deepfakes and enhancing the credibility of government governance. $POL $SOL
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