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Babylon is set to revolutionize the blockchain landscape with its upcoming mainnet launch, introducing an innovative self-custody Bitcoin staking mechanism that promises to leverage Bitcoin’s economic security to bolster the security framework of proof-of-stake (PoS) blockchains.

Bitcoin (BTC) has recently shown signs of stabilizing after hitting a six-month low of approximately $49,500 on August 5, 2024. This dip coincides with a global market rout, but it also aligns with historical patterns where Bitcoin has found local lows in the third quarter of U.S. election years.

El Salvador's commitment to Bitcoin adoption is set to advance with the National Bitcoin Office (ONBTC) launching an extensive training program for government employees.

Recent on-chain data reveals a significant rebound in Bitcoin's mining hashrate, suggesting that miners are expanding their operations despite recent market volatility.

In a dramatic instance of Web3 vulnerability, a phishing attack has resulted in the theft of more than $55 million in crypto assets. The attack, attributed to an individual or group operating under the alias Fake_Phishing187019, involved the minting and laundering of 55,473,618 Dai (DAI) tokens.

Dogecoin's price movements are increasingly linked to the outcome of the 2024 U.S. presidential election, with the possibility of a Donald Trump victory potentially favoring the meme coin.