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Polymarket Airdrop Farmers Have Become 'More Sophisticated' as Token Launch Looms

Users on Polymarket are adapting their strategies for farming an anticipated token airdrop as trading techniques have evolved. In contrast to last year's blatant wash trading, which clogged the activity feed and was easily identifiable, farmers have become more sophisticated in their approaches. Instead of conspicuous large trades, users now employ multiple wallets to obscure their activities from detection. Analysts speculate that the criteria for future airdrop allocations may include trading volume, profitability, liquidity provision, and the diversity of markets traded. While wash trading tactics have diminished, farming remains prevalent, albeit in a refined form. This development comes in light of Polymarket's confirmed plans to launch a native token, likely following significant investment and as the platform looks to reestablish its presence in the U.S. market after regulatory hurdles from the CFTC in 2022. Traders believe that the streamlined operations now employed will make it more challenging for platforms to exclude them from potential rewards, reflecting an ongoing evolution in the crypto landscape.

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China’s rare earth export controls to accelerate dollar collapse: Analyst

Analyst Luke Gromen argues that the recent announcement by China to impose export controls on rare earth minerals marks a significant shift in the global monetary order, potentially heralding the decline of the US dollar’s hegemony. According to Gromen, these critical minerals are essential for electronics manufacturing and military

Bitcoin mining just got easier — but not for long, as hashrate roars back

Bitcoin's network hashrate reached an all-time high of over 1.2 trillion hashes per second, despite a decrease in mining difficulty. The mining difficulty fell to 146.7 trillion, down approximately 2.7% from the previous peak of over 150.8 trillion. This change occurred leading up to

XRP Investor Says $3M in XRP Was Stolen; Cold Wallet Maker Says Seed Import Made Wallet Hot

Brandon LaRoque, a long-time XRP investor, reported a loss of over $3 million in XRP after checking his balance on the Ellipal mobile app on October 15. The theft, which occurred on October 12, involved two test transactions followed by a significant withdrawal of approximately 1.21 million XRP to

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