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Uniswap has approved the UNIFication upgrade and will enable protocol fee collection this week. Key points of UNIFication: - Initial UNI burning: approximately 100 million UNI were burned, reducing the supply from 629 million to 529 million. - Protocol fees were introduced on Uniswap v2 and v3, giving UNI value directly tied to trading activity. - Increased profitability for liquidity providers and a new auction-based fee reduction mechanism to encourage more efficient liquidity. UNIFication is a major turning point that helps Uniswap move towards a model with a clear cash flow for UNI, reducing supply while increasing benefits for users and LPs. #uni $UNI

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JPMORGAN CONSIDERING CRYPTO TRADING 🔸 JPMorgan is considering offering crypto trading services to large institutional clients. 🔸 The bank is considering both spot and derivatives trading but has not yet made a final decision. 🔸 The growing demand from clients and the increasingly clear crypto regulatory framework in the US are the main drivers. 🔸 Institutions want to trade crypto through a tightly regulated system, not a retail platform #JPMorgan #NewsAboutCrypto $BTC

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🇭🇰 HONG KONG INSURANCE REGULATION CONSIDERING CAPITAL REQUIREMENTS FOR CRYPTO 🔸 The Hong Kong Insurance Regulator is proposing new capital regulations related to crypto assets. 🔸 Insurance companies investing in crypto would be subject to a 100% risk rating, meaning they must have sufficient capital to cover the entire investment. 🔸 Stablecoins could be subject to a lower risk rating if regulated in Hong Kong and backed by fiat currency assets. 🔸 This proposal is still in draft form and will be open for public comment from February to April. 🔸 The regulator stated that the goal is to update insurance regulations to reflect new developments in the regulation of crypto and stablecoins. $BTC $ZEC

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Are you still holding your positions or have you already taken profits ? #memecoin🚀🚀🚀 $FARTCOIN

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Elon Musk's net worth has skyrocketed to a record $749 billion after the Delaware Supreme Court reinstated his 2018 Tesla compensation package. This decision adds approximately $139 billion to Musk's stock options, making him the first person in the world to surpass $700 billion in net worth. Currently, Elon Musk is three times richer than the world's second richest person, Mark Zuckerberg. In other words, Musk's wealth is greater than the combined wealth of Mark Zuckerberg, Jeff Bezos, and Larry Ellison. #ElonMusk $BTC #NewsAboutCrypto

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