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Somnia launches new consensus model, EMURGO partners with BitcoinOS, Charles Hoskinson defends Cardano, and other Web3 news

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  • Fasst Global highlights various recent developments in the cryptocurrency space, including significant milestones for Cardano and DOGE, a solo Bitcoin miner’s success, and Microsoft’s board advising against Bitcoin investment due to volatility concerns.
    🔗CoinMarketCap
  • Somnia has released updates to its litepaper, introducing a new consensus model capable of processing over 400,000 TPS and launching a $10 million ecosystem grant program to support Web3 innovation, while also partnering with Yuga Labs to enhance NFT utility.
    🔗Blockchain Reporter
  • EMURGO has partnered with BitcoinOS to enable Cardano DeFi users to access $1.3 trillion in Bitcoin capital through a new bridge, allowing secure transfers of Bitcoin and associated assets into Cardano without third-party intermediaries.
    🔗Cardano Feed
  • Charles Hoskinson, the founder of Cardano, defends the protocol against criticism regarding its price performance, highlighting recent advancements that could drive adoption.
    🔗CoinMarketCap
  • Qubetics is projected to deliver significant profits while Filecoin expands its AI partnerships, and Intel Markets prepares for blockchain disruption.
    🔗CoinMarketCap
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    🔗Taiwan News
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