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Bitcoin sell-off occurs, DMCC and EAK launch BlockDown Dubai, new DeFi architecture introduced, and other Web3 news

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  • DMCC and EAK Digital are launching BlockDown Dubai on January 26-27, 2027, at Uptown Dubai, aiming to connect global leaders in digital assets, blockchain, AI, and finance, with an expected attendance of 2,000 to 3,000 participants. (📰travelsdubai.com)
  • A new cross-chain DeFi architecture has been introduced, allowing users to manage GHO tokens seamlessly across layers using the sGHO ERC-4626 vault on Ethereum and Chainlink CCIP. (📰KuCoin)
  • A significant sell-off in Bitcoin is occurring, with major players like Michael Saylor’s company and the government of Bhutan reducing their holdings, indicating a potential market imbalance and the beginning of a larger decline. (📰quasa.io)
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