Hyperliquid Faces Backlash Over Decentralization Flaws

Hyperliquid is facing backlash due to its decentralization issues, particularly around validator participation and transparency. Despite the criticisms, Hyperliquid defends its system and announces plans to improve decentralization.
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Starknet Releases SN Stack Allowing Devs to Launch Appchains

Starknet unveils SN Stack, a versatile toolset enabling developers to create custom appchains. With Madara, Dojo, and StarkWare Sequencer, the suite combines ZK-STARK cryptography for secure and scalable blockchain solutions, addressing on-chain gaming and diverse appchain needs.
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Cardano Price Slumps Under $1 – Time to Buy the Dip?

The Cardano (ADA) price has slumped back below $1.0 as cryptocurrency markets take a beating amid concerns about an ominous rise in long-term US government bond yields.
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China to Adopt Blockchain Technology for National Data Infrastructure by 2029

China announces a national data infrastructure initiative, leveraging blockchain technology to enhance transparency and trustworthiness in data management. The plan includes 5G-A upgrades, future 6G research, and aims to attract over $54.5 billion in annual investments, reinforcing its global digital economy role.
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Movement Labs Close to Raising $100M Reaching $3B Valuation: Report

Movement Labs, a blockchain developer founded in 2022, is reportedly closing a $100M funding round led by CoinFund and Brevan Howard Digital, boosting its valuation to $3B. The funds aim to support global scaling and growth in the Asia-Pacific region.
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Shiba Inu Burn Rate Explodes 2,133% – Is This the Start of a Massive Rally?

Crypto’s second biggest doge-themed meme coin, the $12.6 billion Shiba Inu ($SHIB), has experienced a significant 2,133% surge in its burn rate, which coincided with a 10% increase in price. The community says these burns are helping $SHIB keep its place among the best meme coins even as the top ten leaderboard gets a reshuffle. […]
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