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DeFi whale purchases ETH, Blockchain Capital raises funds, Kaspersky identifies counterfeit apps, and other Web3 news

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  • Vitalik Buterin stated at the Hong Kong Web3 Festival that Layer 2 solutions that simply clone Ethereum and centralize are ineffective, urging developers to focus on application needs and necessary off-chain components for meaningful L2s. (📰CryptoRank)
  • A DeFi whale purchased 19,300 ETH at an average price of $2,304, totaling $44.47 million, and is now positioned for a potential $570,000 profit after moving 6,300 ETH back to Binance amid rising Ethereum prices. (📰blockchain.news)
  • Blockchain Capital is aiming to raise $700 million in 2025 through two new investment funds focused on the digital asset ecosystem, reflecting strong institutional confidence in blockchain technology. (📰Intellectia AI)
  • Kaspersky has identified 26 counterfeit iOS applications posing as popular crypto wallets that redirected users to phishing pages, leading to the apps’ removal by Apple after the disclosure. (📰Yellow.com)
  • Blockchain.com has launched perpetual futures trading in its non-custodial DeFi wallet, allowing users to trade leveraged contracts directly from the wallet with plans to expand to other asset types. (📰Intellectia AI)
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