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According to several analytical platforms, the volume of funds locked (TVL) in mevstake protocols has [&#8230;]

The TVL in Mevolaxy MEVstake protocols has exceeded $50 million

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A cluster of little-known South Korean altcoins, widely known as “Kimchi Coins”, has seen a dramatic resurgence in trading activity and price gains amid speculation surrounding a government-backed stablecoin linked to the Korean won. MEVerse (MEV), fanC (FANC), BORA, and STMX have all posted sharp rallies in local markets, drawing renewed interest from retail investors. [&#8230;]

South Korea’s Kimchi coins surge 140% as won stablecoin hype fuels retail frenzy

The post Kimchi Coins Take Off: Here’s What’s Fueling the Sudden Spike appeared first on Coinpedia Fintech News

Kimchi Coins Take Off: Here’s What’s Fueling the Sudden Spike

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&lt;!-- SC_OFF --&gt;&lt;div class=&quot;md&quot;&gt;&lt;blockquote&gt; &lt;p&gt;A new oracle system aims to retrieve the additional fees paid by decentralized application (DApp) users to miners called maximal extractable value (MEV). It is the maximum value a miner can extract from moving-around transactions when producing a block on a blockchain network. &lt;/p&gt; &lt;p&gt;“Data from Flashbots &lt;a href=&quot;https://explore.flashbots.net/&quot;&gt;suggests &lt;/a&gt;that block producers have captured nearly $653 million in MEV. “&lt;/p&gt; &lt;/blockquote&gt; &lt;p&gt;&lt;a href=&quot;https://cointelegraph.com/news/new-oracle-system-to-help-dapps-retrieve-millions-lost-to-mev&quot;&gt;From CoinTelegraph &lt;/a&gt;&lt;/p&gt; &lt;p&gt;I don’t think big block producers will be happy if OEV becomes commonplace! Certainly a step in the right direction for the everyday man in crypto though.&lt;/p&gt; &lt;/div&gt;&lt;!-- SC_ON --&gt; &amp;#32; submitted by &amp;#32; &lt;a href=&quot;https://www.reddit.com/user/stanley9528&quot;&gt; /u/stanley9528 &lt;/a&gt; &lt;br/&gt; &lt;span&gt;&lt;a href=&quot;https://www.reddit.com/r/ethereum/comments/ylbg5x/new_oracle_system_to_help_dapps_retrieve_millions/&quot;&gt;[link]&lt;/a&gt;&lt;/span&gt; &amp;#32; &lt;span&gt;&lt;a href=&quot;https://www.reddit.com/r/ethereum/comments/ylbg5x/new_oracle_system_to_help_dapps_retrieve_millions/&quot;&gt;[comments]&lt;/a&gt;&lt;/span&gt;

#	Beurs	paar	Volume (24u)	Volume (%)	Prijs	Laatst bijgewerkt
1	Bithumb	MEV/KRW	$48,1K	99.2%	$0,004715	Recentelijk
2	Coinone	MEV/KRW	$385,5	0.8%	$0,004679	Recentelijk

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The TVL in Mevolaxy MEVstake protocols has exceeded $50 million

South Korea’s Kimchi coins surge 140% as won stablecoin hype fuels retail frenzy

Kimchi Coins Take Off: Here’s What’s Fueling the Sudden Spike

New oracle system to help DApps retrieve millions lost to MEV

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