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Crypto & Bitcoin News

BNY plans crypto ETF custody as Wall Street eyes digital asset revenue — link | tl;dr : unfolded.

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Crypto & Bitcoin News

Benchmark says MicroStrategy could soon generate yield by lending its bitcoin holdings — link | tl;dr : unfolded.

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For every rate cut of 50 bps, Tether loses $488M and Circle loses $144M in annualized revenue. - 𝕏/@bluechip_org : Leviathan News

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Rep. Maxine Waters calls for 'grand bargain on stablecoins' to end years of negotiations by 2024, amid regulatory framework efforts with Rep. Patrick Mchenry. - The Block : Leviathan News

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You can't.
Nobody can.
Bitcoin is inevitable. : Bitcoin

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ANDREAS ANTONOPOULOS: 🟠 “Bitcoin is not unregulated. It is regulated by algorithm instead of being regulated by the government bureaucracies. Un-corrupted.” 💯 : Bitcoin

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JUST IN: 🟠 Hal Finney's wallet allegedly sent 5 $BTC to Kraken 👀

The wallet still holds 1,215 $BTC ($77M)

The wallet is reportedly controlled by his family. : Bitcoin

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Crypto & Bitcoin News

Aave onboards cbBTC and quickly doubles the supply cap from 450 to 900 after quickly hitting the initial limit - aavechan.notion.site : Leviathan News

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Cryptocurrency exchange Kraken announced the completion of its acquisition of Dutch cryptocurrency broker Coin Meester B.V. (BCM). Kraken currently offers VASP services directly or through partnerships in Germany, Spain, Italy, the Netherlands, Belgium, Ireland, France, and Poland. — link : Wu Blockchain News

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Bybit said it launched the World's first Crypto Islamic account. Shariah-Compliant and Initial offerings include spot trading (limited to 75 Shariah-compliant tokens), DCA trading bot, and Spot Grid Bot. Bybit has consulted ZICO Shariah, a licensed Shariah advisory and consulting firm based in Kuala Lumpur, Malaysia. — link : Wu Blockchain News

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Eigen Foundation announced that transfer restrictions on the EIGEN token are expected to be removed on September 30th, 2024. There is a 7-day withdrawal period for unstaking EIGEN. Earlier, Eigen Foundation proposed an intersubjective token innovation paradigm, that is, any AVS node or individual can initiate a fork of the Eigenlayer protocol. — link : Wu Blockchain News

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TON ecosystem game Hamster Kombat announced that it has banned more than 2.3 million cheating accounts. Some cheaters connected more than 400 accounts through a Binance address, and other users invited nearly 2,000 "friends". 6.8 billion tokens have been recovered from these accounts, 50% have been redistributed to honest players, and the remaining 50% will be burned. — link : Wu Blockchain News

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Telegram on Monday made significant changes to its privacy terms. The app will now share information such as a user's IP address and phone number with judicial authorities in cases of potential criminal conduct. The changes come after Telegram CEO Pavel Durov's arrest in France last month. — link : Wu Blockchain News

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🇸🇻 El Salvador mined 474 #Bitcoin worth $29 million using volcano-fueled geothermal power 🌋🔥 : Bitcoin

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According to Arkham, $15.95 million worth of Bitcoin (250 BTC) has just been moved from 5 addresses that were active in the first month of Bitcoin's existence (January 2009). Each address received 50 BTC for mining one of blocks 2247, 2401, 2455, 2486, and 2690. The Bitcoins in these addresses have been dormant for nearly 16 years. — link : Wu Blockchain News

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USDC issuer Circle unveils new compliance tool for programmable wallets — link | tl;dr : unfolded. DeFi

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As the Grayscale Sui Trust opened up to accredited investors, SUI’s daily trading volume surged past $800 million. On-chain activity has also shown strength, with TVL reaching $1.15 billion — a 377% increase year-to-date and a 47% rise month-to-date. The DeFi protocols driving this growth include: Navi Protocol (TVL: $439M, MTD growth: 54.67%) Scallop (TVL: $233M, MTD growth: 30.69%) SuiLend (TVL: $198M, MTD growth: 89.27%) . — link : Wu Blockchain News

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In Q3, major large-cap altcoins, including Ethereum (ETH), have trailed behind Bitcoin’s price performance — link : unfolded. DeFi

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Looking for a long term channel sponsor, 1 spot left dm with your project/company @nakamotocat * : unfolded.

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🚨 WARNING! FTX creditors are being sent USB sticks loaded with malware.

⚠️ DO NOT plug them in! Official FTX estate communications are ONLY via email. Stay safe! - 𝕏/@traders_insight : Leviathan News

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Crypto & Bitcoin News

QCP: The strong policy action by China is on back of the Fed's 50bps cut, suggesting a continued wave of global easing that will provide strong support to asset prices in the near term. On the options side, front end skew for ETH has shifted from puts to calls, while ETH implied vol is trading 9% higher than BTC, suggesting both upside sentiment and higher expected volatility. — link : Wu Blockchain News

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JUST IN: Bitwise Chief Investment Officer says "the most powerful people in finance are allocating to crypto." : Watcher Guru

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China's central bank on Tuesday unveiled its biggest stimulus since the pandemic. Chinese stocks and bonds rallied and Asian stocks hit 2-1/2 year highs as Governor Pan Gongsheng announced plans to lower borrowing costs and inject more funds into the economy, as well as to ease households' mortgage repayment burden. The yuan currency jumped to a 16-month high against the dollar. — link : Wu Blockchain News

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EigenLayer expects token transfer restrictions to end September 30 — link | tl;dr : unfolded. DeFi

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On September 23, the total net inflow of Bitcoin spot ETFs was $4.5559 million. Grayscale ETF GBTC outflowed $40.3344 million, Fidelity ETF FBTC inflowed $24.9280 million, and BlackRock ETF IBIT inflowed $11.5419 million. — link : Wu Blockchain News

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Polymarket is seeking $50 million in fresh funding, according to The Information. It is also considering issuing its own token. Investors in the proposed round would receive warrants entitling them to buy the tokens should Polymarket go ahead with the issuance plan. Polymarket would use the potential token "as a way for users to validate the outcome of real-world events." — link : Wu Blockchain News

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Celestia Foundation announced that it has completed a $100 million financing, led by Bain Capital Crypto, with participation from Syncracy Capital, 1kx, Robot Ventures, Placeholder, etc. Celestia Mainnet Beta launched in October 2023, and developers have deployed the first 20 rollup chains. — link : Wu Blockchain News

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According to Citibank, the number of family offices that are optimistic about cryptocurrencies has doubled from 8% last year to 17% this year, and direct investment remains their favorite investment method. Large family offices show greater interest in tokenized RWA. The Asia-Pacific region leads in digital asset adoption, with 37% of family offices investing or interested in investing in digital assets. — link : Wu Blockchain News

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On September 20, the total net inflow of Bitcoin spot ETFs was $91.9965 million. Grayscale Bitcoin Mini Trust ETF BTC had a net inflow of $13.3728 million. The Bitcoin spot ETF with the largest net inflow in a single day yesterday was Fidelity ETF FBTC, with a net inflow of $26.123 million. The second largest was Ark Invest and 21Shares ETF ARKB, with a net inflow of $21.9938 million. — link : Wu Blockchain News

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Chainlink has unlocked and transferred 18.75 million LINK from 5 non-circulating supply addresses, of which 18.125 million were transferred to Binance, worth approximately US$207 million. Every three months, Chainlink's non-circulating supply address will unlock and transfer about 20 million LINK. Since 2022, approximately 133.4 million LINK (approximately US$1.29 billion) have been unlocked and flowed into Binance in this way. — link : Wu Blockchain News

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