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Kaia DLT Foundation co-hosts hackathon, CoinDCX suffers breach, DIA’s price surges, and other Web3 news

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  • Kaia DLT Foundation is co-hosting Korea’s first Stablecoin Hackathon with Tether, KakaoPay, and LINE NEXT, aiming to promote stablecoin innovation and financial inclusion, with prizes totaling $72,500 for winners. (📰BlockchainReporter)
  • CoinDCX experienced a security breach resulting in a loss of $44.2 million, but assured users that no customer funds were affected and that all user assets remain secure in cold wallets. (📰AInvest)
  • DIA’s price surged 1050.14% in 24 hours to $0.4888 following strategic partnerships and governance upgrades, including a new multi-tiered voting system for token holders and an API layer for improved data access. (📰AInvest)
  • Base, the Ethereum Layer-2 network by Coinbase, has surpassed $1 billion in Total Value Locked on Aave, positioning itself as a significant player in the DeFi landscape with assets like wrapped staked Ethereum and tokenized Bitcoin. (📰BlockchainReporter)
  • MEET48’s Web3.0 Idol Event has received 36.05 million IDOL tokens, representing 0.75% of the total supply, ahead of the final selection event scheduled for August 2, 2025, which aims to integrate blockchain into the idol selection process. (📰AInvest)
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