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Why a Suspended DEX Is Stirring Drama Around Pi Network – BeInCrypto

Written & Edited by
Kamina Bashir
Fraudulent listings purporting to offer Pi Coins (PI) for trading on the Stellar (XLM) blockchain have emerged on a decentralized exchange (DEX), prompting warnings from users.
The scam surfaced amid rumors suggesting that Pi Network might leverage Stellar as a settlement layer for its upcoming decentralized applications (dApps).
Screenshots circulating on X (formerly Twitter) showed an interface from the platform Prashu that included multiple “PI” assets supposedly available for trading. The listings included price and issuer details designed to mimic legitimate tokens, giving the impression of authenticity.
However, prominent Pioneers quickly raised the alarm, labeling the listings as fake and urging users not to interact with the platform.
“This is a scam – do not buy PI on the Stellar network. For all we know Prashu is in on the scam. The addresses linked to the tokens are clearly fake,” a Pioneer stated.
🚨 PEOPLE ARE ASKING about $Pi Network token on the Stellar $XLM network.

AT THE MOMENT, there is no verified Pi token on #Stellar.

Always DYOR before buying anything. pic.twitter.com/zlcN1CNfdi
Notably, Prashu, marketed as a Stellar-based DEX, has been suspended. It’s not the first time that the platform has been involved in such a controversy.
In August, a user publicly accused Prashu of theft following a rigged giveaway that lured participants into revealing private keys, resulting in the loss of crypto holdings.
“SCAM ALERT!!!! They stole my tokens. Someone organized a giveaway – 1000 XLM to win – you had to make any transaction on Prash. They provided a link to an exchange, and the only “Wallet Connect” option was a private key. You had to like the post, retweet it, and comment “done”. And I did it. The next day, USDC and TKG disappeared from my account,” the user explained.
The scam coincides with unverified reports of a Pi-Stellar partnership. One user claimed Pi Network will launch real-world asset trading dApps using Stellar as the settlement layer. The post stated,
“Pi Network is expected to launch dApps for RWA trading by early 2026, with XLM as the settlement layer. This is adding 60 million users to the Stellar XLM ecosystem with a single integration. Unlocking instant access to its full DeFi infrastructure. Parallel transactions & smart contracts enable trading of real-world assets.”
However, once again, the community was quick to question the credibility of these claims. Many Pioneers pointed out that Pi Network already operates on its own blockchain, so it doesn’t need Stellar.
“That doesn’t even make sense. Pi would use it’s own blockchain for settlement,” another user replied.
Furthermore, neither Pi Network’s Core Team nor the Stellar Development Foundation has made any official announcements confirming such a collaboration. The absence of official statements further emphasizes that the partnership narrative likely stems from community speculation rather than verified developments.
Meanwhile, Pi Network and Stellar have a long-standing and often confusing relationship. Although the Pi Network borrows from Stellar, the blockchains remain separate. Owning XLM provides no privileges in the Pi Network, and actual PI transactions do not interact with Stellar’s ledger.
Official documentation clarifies the distinction: Pi Network’s consensus mechanism is adapted from two key technologies: the Stellar Consensus Protocol (SCP) and the Federated Byzantine Agreement (FBA)
This enables energy-efficient validation via trust graphs, eschewing proof-of-work’s power demands. The separation was reiterated in Pi Network’s August announcement of its protocol upgrade from version 19 to 23.
“Pi Network is preparing an important upgrade: the move from protocol version 19 to version 23. The Pi protocol is adapted from Stellar protocol. This version is a custom Pi protocol built on a base pulling upgrades from Stellar protocol version 23 that enables new layers of functionality and control,” the team stated.
The latest fake token incident again highlights how quickly misinformation can spread in crypto communities—especially when rumors of high-profile partnerships gain traction. While Pi Network and Stellar share certain technical roots, they remain separate ecosystems.
Thus, users should remain cautious, verify information from trusted sources, and avoid engaging with unverified platforms claiming to list or trade Pi Coins.

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The New York Times: The Trump family's money-making in the cryptocurrency world is unprecedented corruption – PANews

The Trump family’s involvement in cryptocurrency represents an unprecedented fusion of political power and personal financial gain, creating a new form of systemic corruption. Key aspects include:
Original title: Teapot Dome. Watergate. They're Nothing Compared to This.
Original author: Jacob Silverman (author of Gilded Rage: Elon Musk and the Radicalization of Silicon Valley)
Original translation: Kaori, Peggy, BlockBeats
Editor's note: In the history of American politics, no president has ever interwoven state power, personal brand and financial speculation into a global experiment like Trump.
The combination of money and power is not new, but when this combination takes the form of "tokens," when the image of a head of state is minted as a tradable asset, and when political influence can flow freely on the blockchain, what we are facing is no longer corruption in the traditional sense, but a systemic restructuring.
This article documents not a single scandal but a paradigm shift: the president is no longer just a politician, but the largest holder of cryptocurrency in the decentralized economy; diplomatic relations are no longer forged through secret conversations, but connected by wallet addresses. Technology, once seen as a guarantor of transparency and fairness, may now be the new power broker.
When cryptocurrency enters the White House, and when the digital shadow of the US dollar becomes entangled with national will, we must rethink a question: In this era of "on-chain sovereignty," do the boundaries of power still exist?
The following is the original text.
If you were an authoritarian leader trying to influence another head of state, you might gift him a luxuriously appointed Boeing 747; you might spend lavishly at his hotels or invest in the numerous businesses he and his children own; you might even buy his sneakers, NFTs, and other branded merchandise.
In President Trump’s case, potential “power brokers” have a richer menu of options.
But now, all of this seems redundant.
During his campaign, Trump announced his own cryptocurrency initiative, World Liberty Financial, and launched his eponymous "Memecoin" just days before his inauguration. Anyone who purchased World Liberty tokens could indirectly funnel funds into the Trump family business. Through crypto projects controlled by the president, his son, and family friends, the Trump family has amassed a paper fortune worth billions of dollars.
World Liberty became a powerful conduit for influence: anyone—you, me, or an Emirati prince—could enrich Trump simply by purchasing the company’s tokens.
The key lies in this convenience. For those seeking influence, suitcases filled with cash and Swiss bank accounts have been replaced by crypto tokens that can be quickly transferred between wallets and exchanges. And more sophisticated crypto users—nation-state actors, hacktivist groups, money laundering rings—can obscure their tracks with tools like coin mixers.
It is this convenience that makes cryptocurrency the tool of choice for criminal organizations and sanctions evaders.
This is unprecedented in American political history.
Looking back at scandals in past administrations—the corrupt staff around President Grant, the oil lease bribes in the "Teapot Dove Scandal" during the Harding era, and even Nixon's "Watergate"—none has ever seen anyone conflate personal and government interests on such a scale as Trump, nor has anyone ever reaped such huge personal profits from it as he has.
There's nothing innovative here. What's truly novel is that a sitting president is blatantly leveraging his name, image, and social media influence to promote crypto tokens that look like thousands of other products on the market. To MAGA supporters and ordinary speculators, buying these tokens could mean breaking the bank. For a president to lead a political supporter in such a risky investment is inherently reprehensible.
But the greater risk is that powerful overseas forces may use this to transfer huge amounts of money to Trump.
For any head of state, buying Trump’s tokens or investing in his crypto projects has become a straightforward act of political speculation.
This is exactly the perverse incentive created by Trump's "encrypted donation box."
Take, for example, two recent multi-billion dollar deals between Sheikh Tahnoon bin Zayed Al Nahyan, one of the most influential figures in the UAE, and Steve Witkoff, Trump’s Middle East envoy.
In the first transaction, the state-owned investment fund led by Tahnoun pledged to invest $2 billion worth of USD1 stablecoins (issued by World Liberty Financial) in Binance, the world's largest crypto exchange. (Stablecoins are cryptocurrencies designed to maintain a stable value and serve as a "digital dollar" alternative.)
Notably, Binance founder Changpeng Zhao is seeking a pardon from Trump after pleading guilty to money laundering.
In the second deal, Witkov brokered an agreement with venture capitalist David Sacks, Trump's appointed "AI and Cryptocurrency Chief," to allow the UAE to purchase hundreds of thousands of high-end AI chips for use in its data centers. These chips are highly sought-after in the global AI race and are subject to strict export controls. Experts worry that the chips could be resold or shared with Chinese companies by the UAE.
Although there is no conclusive evidence showing that there was a clear "exchange of interests" in these two transactions, the participants and interest networks are highly overlapping, and the model of mixing public and private is becoming a hallmark of the Trump administration.
Tahnoun’s use of the $2 billion USD1 stablecoin is intriguing in itself.
If his purpose is just to invest in Binance, he can just transfer the money directly.
Choosing World Liberty Financial’s USD1 stablecoin as an “intermediary” is essentially “making blood” for a company that directly benefits Witkov and Trump.
Despite the scandal, Trump's crypto activities have mostly taken place in a relatively public environment.
Some notorious crypto figures even boasted on social media that they had purchased tens of millions of dollars in WLFI tokens.
The most active among them is Chinese crypto entrepreneur Justin Sun, who frequently shows off his large holdings of World Liberty and Trump meme coins on social media, and positions himself as an important supporter of Trump's crypto empire.
In February, the U.S. Securities and Exchange Commission (SEC) asked a federal judge to halt its civil fraud lawsuit against Sun, a request the court granted. In May, Sun, one of the top holders of Trump Memecoin, was invited to a dinner at Trump National Golf Club in Virginia, where he received a gold watch from the president.
In the past (a few years ago), if the president had such an obvious conflict of interest, Congress would have held hearings and law enforcement agencies would have launched an investigation.
But the Supreme Court's recent ruling on "presidential immunity" has almost rendered these oversight measures ineffective.
The Justice Department will not prosecute a sitting president.
At the start of his new term, Trump fired 18 inspectors general—key figures who could have uncovered and investigated government encryption practices. In February, he ordered the Justice Department to suspend enforcement of the Foreign Corrupt Practices Act (which prohibits bribery of foreign officials) until four months later.
At the same time, regulators have shifted their focus away from the cryptocurrency sector, and the Trump administration has helped advance a legislative agenda favored by the crypto industry.
The crypto wealth accumulated by Trump and his descendants seems to be continuing to expand during his term.
There's no sign of a "ceiling" to stop the continued influx of foreign capital. This opens the door to a level of corruption never before seen in the United States. We must confront its dark potential.
Author: 区块律动BlockBeats
This article represents the views of PANews columnist and does not represent PANews' position or legal liability.
The article and opinions do not constitute investment advice
Image source: 区块律动BlockBeats. Please contact the author for removal if there is infringement.
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Decoding Token Launches: How to Spot the Next 100x Crypto – CoinCentral

In crypto, timing isn’t everything; analysis is. Every bull cycle brings stories of tokens that grew 100x overnight, but behind each success lies a smartly timed entry backed by strong fundamentals. That’s where understanding token launches becomes crucial. Early investors who perform solid crypto presale analysis often spot winners before the mainstream does, just like what’s happening with projects such as IPO Genie ($IPO), which is emerging as a model for transparent and data-driven tokenization.
Token launches mark the entry point of a new cryptocurrency into the market through a presale, IDO, or IEO. These early phases give investors a chance to buy tokens before public listings, often at favorable prices. For many, this stage represents the “ground floor” of opportunity, but only if the project is built on real fundamentals.
The challenge? Thousands of token launches take place every year, yet only a small fraction deliver sustained value. The secret lies in knowing how to filter hype from substance. That’s where structured analysis, like what IPO Genie applies through its AI-powered evaluation model, becomes the new standard for smarter investing.
To find the next 100x crypto, investors must look beyond marketing and focus on structural quality. Token launches that succeed long-term often share common traits: transparency, sustainability, and real-world relevance.
Buzz alone doesn’t create success; real adoption does. Projects that demonstrate organic community growth, consistent developer updates, and transparent communication often show stronger fundamentals.
IPO Genie’s growth strategy stands out here too: rather than relying on influencer hype, its traction builds from consistent engagement and verifiable development milestones. This is what genuine project maturity looks like during a token launch.
Spotting promising projects also means recognizing what to avoid. Even professional investors fall for red flags disguised as innovation.
A disciplined investor recognizes that legitimate token launches follow transparency, structure, and compliance, all areas where IPO Genie is setting a new standard within the 2025 presale market.
Modern investors no longer rely on guesswork. On-chain data, token trackers, and whale analytics reveal real trends long before the market reacts. Platforms such as DEX Screener, CoinMarketCap, and even IPO Genie’s own analytics tools make it easier to conduct evidence-based crypto presale analysis.
By studying these patterns, investors can apply logic, not luck, to identify tokens positioned for exponential growth.
Among 2025’s emerging projects, IPO Genie ($IPO) stands as a prime case study of how the next generation of token launches is evolving. Its platform blends AI with blockchain to evaluate and tokenize private market opportunities, allowing retail investors to access early-stage deals previously reserved for institutions.
It’s the kind of project that transforms the concept of token launches from hype-driven fundraising into institutional-grade innovation, showing exactly what a 100x foundation looks like in practice.
Token launches will continue to attract attention, but only disciplined investors who rely on structured analysis will consistently find the gems. Projects like IPO Genie ($IPO) demonstrate what modern crypto launches should look like: transparent, innovative, and grounded in real-world use cases.
With the right strategy, investors can identify early opportunities before the broader market catches on. The 100x potential isn’t about luck; it’s about recognizing credibility when it first appears.
The next wave of wealth begins with informed timing. Study every token launch like IPO Genie did, and you’ll spot the winners before they go mainstream.
For more information, please click:  IPO Genie ($IPO) IPO on X, and to join the chat on Telegram, scan the QR code below.
Disclaimer: Cryptocurrency investments are volatile and subject to market risks. This content is for informational purposes only and does not constitute financial advice.
Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

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Widespread internet outage reported as Amazon Web Services works on issue – ABC News – Breaking News, Latest News and Videos

  1. Widespread internet outage reported as Amazon Web Services works on issue  ABC News – Breaking News, Latest News and Videos
  2. Well-known internet sites hit by Amazon Web Services outage  Fox Business
  3. The internet just had another global outage. Why does this keep happening?  CNN
  4. Amazon Web Services outage hits major websites: What we know so far as recovery begins  CNBC
  5. Amazon Says Website Outages Ease After Disruption  The New York Times

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Binance Account Bans Spark a New Era of Integrity in Crypto Trading – OneSafe

In the fast-paced realm of cryptocurrency, where fortunes are made and lost with the blink of an eye, innovation often dances hand-in-hand with peril. Binance, one of the titans of crypto exchanges, recently made headlines by banning over 600 accounts that had misused its Binance Alpha feature—an initiative designed to benefit users through rewards and incentives. This significant step is not simply a punitive measure; it represents a fervent push towards restoring equity in a field that desperately needs systemic integrity. As the cryptocurrency sector continues to mature, the need for accountability and transparency has never been more urgent.
Originally intended to enrich user experience with generous rewards and airdrops, Binance Alpha has fallen prey to manipulation by unscrupulous traders. A faction exploited unauthorized automated tools, undermining the spirit of fairness that Binance champions. These offenders deployed bot farms to unfairly tilt the scales in their favor, blatantly infringing upon Binance’s guidelines. Such actions not only tarnish the credibility of the exchange but also alienate honest traders who strive to play by the rules, highlighting a growing divide in market ethics.
The tumultuous impact of these account bans rippled throughout the cryptocurrency circuit, with Binance Coin (BNB) experiencing a brief decline to $1,070, only to recover to $1,120. This volatility offers a glimpse into the fragility of investor sentiment in response to regulatory actions. Yet, within this chaos lies an opportunity for Binance to reinforce user trust. By tightening compliance measures, the exchange is not just maintaining order; it is nurturing a foundation of safety and integrity—a crucial requirement for any thriving trading environment.
In response to this crisis, Binance has rolled out a rewarding system that turns the community into guardians of the platform. Users who provide compelling evidence against fraudulent activities now have the chance to earn up to 50% of any reclaimed funds—a strategy designed to bolster collective vigilance. This initiative doesn’t just highlight Binance’s commitment to security; it actively involves users in the restoration of trust and safety. The more engaged the community becomes in protecting their own, the more solidified the pillars of equity and trust in the marketplace can be.
Concerns about fairness don’t cease with the banning of deceitful accounts; they extend deeply into the mechanics of promotional events like airdrops. Automation has often skewed the distribution of benefits, leaving ordinary users in the dust. Addressing this pressing issue, Binance co-founder He Yi has vowed to implement stricter risk assessments to ensure equitable access to airdrops. This proactive approach signals that Binance is not just reacting to criticism; it is actively innovating in ways that enhance user trust and ensure inclusivity in its promotional practices.
As cryptocurrency continues its upward journey, the importance of robust compliance mechanisms cannot be overstated. Many Web3 startups and offshore entities grapple with the challenge of aligning liquidity management with regulatory requirements. In this evolving landscape, the integration of fiat with cryptocurrencies, alongside comprehensive compliance strategies, is paramount for steering the industry towards stability and longevity.
The recent crackdown by Binance serves as a powerful reminder of the importance of fairness in cryptocurrency. This strategic enforcement is not a mere reaction; it stands as a hopeful beacon for those yearning for a balanced trading arena. With community-driven incentives and renewed focus on transparency, Binance is making bold strides towards fortifying trust in its ecosystem. This moment could mark the dawn of a more equitable trading landscape, where integrity and community engagement become the cornerstones of the cryptocurrency experience.

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Taiwo Afolabi tips Flamingos to do better than Bronze medal at 2024 FIFA U-17 Women's World Cup – Pulse Sports Nigeria

                     <span class="description">Flamingos captain Taiwo Afolabi has tipped this current squad to do better at the 2024 FIFA U-17 Women&#039;s World Cup than the Bronze medal at the last edition.</span>                     <br>Share on Facebook<br>Share on Twitter<br>Share on Whatsapp<br>Share on Viber<br>Share on Messenger<br>Flamingos captain Taiwo Afolabi has tipped this current squad to do better at the 2024 FIFA U-17 Women&#039;s World Cup than the Bronze medal at the last edition.<br>Nigeria's under-17 women's national football team known as the Flamingos are set to return to action on the pitch.<br>05:40 - 08.10.2024<br>                     <a href="https://www.pulsesports.ng/sports-gist/story/nigerias-flamingos-step-up-2024-fifa-u-17-womens-world-cup-preparation-with-a-draw-2024100804373212915">Nigeria&#039;s Flamingos step up 2024 FIFA U-17 Women&#039;s World Cup preparation with a draw</a>                 <br>Nigeria&#039;s Flamingos were held to a 1-1 draw against Mexico to prepare for the 2024 FIFA U-17 Women&#039;s World Cup.<br><a target="_blank" class="editor-link" href="https://www.pulsesports.ng/sports-gist/story/nigerias-flamingos-step-up-2024-fifa-u-17-womens-world-cup-preparation-with-a-draw-2024100804373212915">The Flamingos recently recorded a 1-1 draw against their counterparts from Mexico in a friendly</a> match played in the Dominican Republic.<br>18:20 - 07.10.2024<br>                     <a href="https://www.pulsesports.ng/sports-gist/story/nigerias-flamingos-set-for-2024-fifa-u-17-womens-world-cup-in-dominican-republic-2024100717185160021">Nigeria&#039;s Flamingos set for 2024 FIFA U-17 Women&#039;s World Cup in Dominican Republic</a>                 <br>See how Nigeria&#039;s Flamingos have fared since they arrived in the Dominican Republic for the 2024 FIFA U-17 Women&#039;s World Cup.<br>The tutored team by coach Bankole Olowookere, utilized the friendly match as practice for the 2024 FIFA U-17 women's World Cup.<br>At the 2022 FIFA U-17 women’s World Cup in India, Flamingos finished third and will aim to be better in this edition.<br>Flamingos captain compares eras<br>Captain Taiwo Afolabi was part of the team at the World Cup two years ago.<br>In an interview with the Nigeria Football Federation (NFF), Afolabi stated that this Flamingos team aims to do better against that the previous squad.<br>🗣️🇳🇬Flamingos captain Taiwo Afolabi opens up on the difference between her current squad and the last one that clinched bronze 🥉in India.<a href="https://twitter.com/hashtag/SoarFlamingos?src=hash&ref_src=twsrc%5Etfw">#SoarFlamingos</a> <a href="https://twitter.com/hashtag/U17WWC?src=hash&ref_src=twsrc%5Etfw">#U17WWC</a> <a href="https://t.co/PwMFuWU8Oi">pic.twitter.com/PwMFuWU8Oi</a><br>She said, "Well, no, for comparison, different team with different system and this particular team are good for the system as well in life in all, in all.<br>"We need to aim, I the last as we want brush.<br>"I see this thing surpassing what we did last year and hopefully we bring the call back home.<br>"We will pick ourselves as a family.<br>"So I don't have any problem with the girls.<br>"I see them as my family, both on and off.<br>"I played at the last World Cup in India and I always tell them my experience."<br><a target="_blank" class="editor-link" href="https://www.pulsesports.ng/sports-gist/story/flamingos-nigerias-u-17-to-face-dominican-republic-ecuador-at-new-zealand-world-cup-2024062306405609841">Nigeria are in Group A with hosts Dominican Republic, Ecuador, and New Zealand</a> and will open their campaign against New Zealand on October 16, 2024.<br>                     <a href="https://www.pulsesports.ng/football">Football</a>                     <a href="https://www.pulsesports.ng/other-sports">Sports</a>                     <a href="https://www.pulsesports.ng/betting">BET</a>                     <a href="https://www.pulsesports.ng/football/matches">Livescore</a>                     <a href="https://www.pulsesports.ng/newsfeed">Newsfeed</a>                                             <a href="https://www.pulsesports.ng/pulse-sports-30">Pulse Sports 30</a>                                         <a href="https://docs.google.com/forms/d/e/1FAIpQLSe0VHEVt_1aN7eIlm4J2SPd_Ik1z7WwFuuPIpY31o81yZ2a3w/viewform"                        target="_blank">Subscribe to Newsletter</a>                 <br>How can we improve the website? Tell us <a                         style="color: #ffeb3b;text-decoration: underline;" href="https://tally.so/r/wM1Pzl"                         target="_blank">here</a><br>                     <a href="https://pulse.africa/" target="_blank">About us</a>                                             <a href="mailto:sports@pulse.ng">Advertise with us</a>                                         <a href="https://www.pulsesports.ng/page/terms-of-use">Terms of use</a>                     <a href="https://www.pulsesports.ng/page/privacy-policy">Privacy policy</a>                     <a href="/page/recommended-sites">Recommended sites</a>                 <br>Copyright © 2025 - Pulse.ng<br>                     <a class="sportal365" target="_blank" href="https://sportal365.com/" title="sportal365.com">                         <img src="https://www.pulsesports.ng/images/sportal-color.svg" alt="sportal365" width="250" height="58">                     </a>                 <br><br><a href="https://news.google.com/rss/articles/CBMi8AFBVV95cUxORjJ5X25BaWhPdkt6bjZjTzNGOWRfMFhxN1JkaU5vMzdxZ3BveWdhcFNsYzdHX1I1Um1tUERhUkZWd1M2M0dyekIzUVZCdVFQTkhYUlV5QnBXMUo2OW53Wm9fbEtkMzE1dE5MbERJWC0xdHNKXzNOcUxFM0VPeGk0RjVjWlhPMk5fWGwyN055SHpOb2x6LXQ5aWJGb0pWNGtHc2dIdERBdHBMc1B4eFBaQlpBTnRCT3RqMWxpMVZQcHNFdmoyclZzNnpjQURRTnlrd0dLeXpYczRUdUl0MTZVck9wNXZmbTlNbGZPWEw3YXo?oc=5">source</a>
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Bodoland lottery result today(20-10-2025): Assam state lucky draw result(declared); Check winners list, ticke – India.Com

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Bodoland Lottery Result Today LIVE Updates for October 20, 2025: The Bodoland Lottery Department will declare the Bodoland Lottery Result today, October 20, 2025, at 3:00 PM. Usually, the Bodoland Lottery is played three times a day. Several people buy Bodoland Lottery tickets.

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