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After ringing the bell at the New York Stock Exchange (NYSE) today, Donald Trump, the United States president-elect and famous felon, announced that he “will be doing something great with crypto.” This was in response to a question from Jim Cramer that seemed to allude to a “strategic bitcoin reserve.” Trump has previously promised to create a “strategic national bitcoin stockpile.” Elsewhere yesterday, World Liberty Financial, a crypto project endorsed by Trump that describes him as the “Chief Crypto Advocate,” has been diversifying the assets in its multisignature wallet, apparently exchanging USDC for ether, LINK, and AAVE. The protocol itself intends to exist as an AAVE wrapper and it has already partnered with Chainlink . Trump's World Liberty(@worldlibertyfi) is buying $ETH, $LINK and $AAVE! In the past 9 hours, the World Liberty Multisig wallet spent 10M $USDC to buy 2,631 $ETH at $3,801, 1M $USDC to buy 41,335...

Dubai-based crypto exchange XT.com has suspended withdrawals after a hacker reportedly stole up to $1.7 million before converting it into ether (ETH).  A statement from XT this morning claims the exchange suffered an “abnormal transfer” of crypto from its platform wallet with the address 0xdb3ded7731c781224ec292e2163d9554c094fd7c. “The amount involved in this incident is approximately 1 million USDT across 12 different currencies,” XT claimed. However, the crypto security firm PeckShieldAlert reports that the exchange appears to have been hacked. It claims that the stolen funds were converted into 461.58 ETH, worth almost $1.7 million at the time of writing, and are sitting in an Ethereum address.  #PeckShieldAlert Our community member has detected that @XTexchange appears to have been hacked for ~$1.7 million worth of cryptos. The hacker has swapped the stolen funds for 461.58 $ETH & sit in 0xB43f…8F83 pic.twitter.com/bwINPguXlZ — PeckShieldA...