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🚀Pending transaction....GOAL!!

Happy Tuesday, fellow Geckos!

 

Fancy yourself as a patient person? Well then, you would probably be less patient than this project's supporters.

 

Filecoin (FIL) has confirmed their mainnet launch for next month, which is expected to be on October 15. Barring no further delays, Filecoin would have taken 3 years from ICO to launching mainet.


(Editor's Note: Must have felt like a lifetime)

 

Three years earlier, the blockchain-based storage provider raised $205 million from its ICO in 2017.

 

The project was originally slated to be released in the middle of last year. However, it was pushed back due to final testings and a "calibration period" for miners.

 

In today's news, real-world sports meet crypto, users achieve milestones on the testnet and hackers strike again.

 

(Editor's Note: Remember to always stay safe, understand the risks and DYOR)

 

Read on!

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Paris Saint-Germain Joins Sorare


Sorare, an Ethereum-based fantasy soccer game has signed Paris Saint-Germain (PSG) as its 100th licensed club.


The club's players will be tokenized as digital cards on the blockchain, to be used to form fantasy squads.


Additionally, the game will officially launch today in the United States.


DeCrypt

Close To $2 Million Staked in Ethereum 2.0 Testnet


Validators have staked nearly $2 million dollars worth of testnet ETH in preparation for the mainnet release of Ethereum's (ETH) largest upgrade.


On the Eth2 Medalla testnet, over 60,000 validator nodes have been activated.


Phase 0 of Eth2 is expected to launch this year in November.


DeCrypt

Hacker Grabs $15 Million From Unreleased Project

 

Users have lost $15 million after purchasing tokens for Eminence, an unreleased project by the creator of yearn.finance (YFI), Andre Cronje.

 

In a strange move, the hacker who drained the funds transferred $8 million dollars of the stolen funds to Cronje's yearn deployer account.

 

Cronje has announced that the Yearn treasury will help to refund the money received back to the users.

 

(Editor's Note: We cannot stress this enough..always DYOR. Investing in unaudited code is highly risky and may bring about "financial doom".)

 

CoinTelegraph

All-Time-Low (ATL)

The lowest point (in price, in market capitalization) that a cryptocurrency has been in history.


Decentralized Finance (DeFi) refers to the movement of building decentralized financial applications that have no central authority and is censorship free. DeFi applications cover many use cases and a few popular ones are stablecoins, lending/borrowing and trading (decentralized excanges). By removing the middleman in systems, DeFi applications are able to achieve a better rate of returns for its users, while lowering barrier of entry as the application does not discriminate or censor any particular party from joinLearn about other Crypto terms here

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