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- We are here to help the crypto community and provide the recent crypto news and market analysis by the experts. We have been in the market since 2013. ⚡️ Owner: @napoleon
Vitalik said at the 2024 Shanghai Blockchain Week that the main problem of Ethereum now is the lack of a unified ecosystem. Ethereum is now like 34 different chains. Ethereum's future goals include achieving more than 100,000 TPS through L2, completing transfers from any chain to any other chain within 2 seconds, a unified user experience, surpassing EVM and achieving secure links. — link : Wu Blockchain News
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The Aspen Digital report shows that interest in cryptocurrencies among Asia’s private wealth is growing significantly, with 76% of Asia’s private wealth already involved in digital assets and a further 18% planning to invest in the future. 53% of respondents have cryptocurrency exposure through funds or ETFs. — link : Wu Blockchain News
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🇮🇹 Italy's Deputy Finance Minister Maurizio Leo announcing their plan to increase capital gains on Bitcoin from 26% to 42% because "the phenomenon is spreading." 🤡 : Bitcoin
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Radiant Capital, a cross-chain lending protocol invested by Binance Labs, suffered a cyber attack, resulting in losses of more than $50 million. The attacker controlled the private keys of multiple signers and then controlled multiple smart contracts. The suspect's wallet held more than $32 million worth of Arbitrum-based assets and about $18 million worth of BNB Chain tokens. — link : Wu Blockchain News
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Robinhood to allow Bitcoin futures trading in app. - 𝕏/@AggrNews : Leviathan News
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Robinhood launches desktop platform, adds futures and index options trading to app — link : unfolded. DeFi
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Stacked Bitcoin and gold ETF launches with the goal of shielding investors from inflation and currency debasement — link | tl;dr |@ETFhearsay : unfolded.
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JUST IN: Michael Saylor says MicroStrategy "beat every single company in the S&P index using Bitcoin strategy." : Watcher Guru
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❗️ Radiant Capital appears to suffer $51 million exploit on its BNB Chain and Arbitrum instances — link | tl;dr : unfolded. DeFi
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Total exploited is up to $51m now. : Leviathan News
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⚠️ Radiant Capital (RDNT) exploited on BSC, ~$18M stolen so far - 𝕏/@AnciliaInc : Leviathan News
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NFT trading volumes dropped to $119M in September, down 23.7% MoM, hitting the lowest monthly figure of the year and marking the third consecutive month of declining activity — link : unfolded. DeFi
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WuBlockchain Podcast: RWAfi and Real Yield, Plume's Innovative Approach
We have an in-depth conversation with Chris Yin, CEO of Plume Network, discussing how Plume is tokenizing RWAs through its unique RWAfi platform. Chris explains how Plume is combining traditional finance with crypto-native principles to drive the development of RWAfi. Youtube : Wu Blockchain News
Elixir announced that the fastUSD is live. With bridging powered by hyperlane and superbridge, deUSD holders on mainnet or stablecoin holders on Sei Network can now access native yield, Elixir potion rewards, and liquid Sei rewards for holding (and using) fastUSD within the ecosystem. — link : Wu Blockchain News
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Siam Commercial Bank (SCB), the fourth largest bank in Thailand, has become the first financial institution in the country to offer stablecoin-based cross-border payments and remittance services. The stablecoin-based service will allow customers to send and receive payments around the world 24 hours a day, 7 days a week. The service was trialed through the Bank of Thailand's digital asset sandbox. — link : Wu Blockchain News
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BlackRock (IBIT) Daily BTC Flows: +391.8m: BBG : Tree News
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"Possible futures for the Ethereum protocol, part 2: The Surge" - a new blog post by Vitalik Buterin - vitalik.eth.limo : Leviathan News
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"Anybody who has zero #Bitcoin is really missing the most asymmetric bet that I have ever seen."
- Lawrence Lepard : Bitcoin
Robinhood to launch support for CME Bitcoin, Ether futures: Robinhood : Zoomer News
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JUST IN: Goldman Sachs expects the Federal Reserve to cut interest rates to 3.25%–3.5% by June 2025. : Watcher Guru
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JUST IN: 🇺🇸 Pro-Bitcoin presidential candidate Donald Trump's election odds rise to 17.5% against Kamala Harris, according to trading platform Polymarket. : Watcher Guru
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Radiant loses over $50M on cross-chain backdoor exploit: Ancilla : Zoomer News
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NEW: 🇯🇵 Metaplanet has executed a roll-up of 223 contracts of $62,000 put options to $66,000 expiring 12/27/24, generating an additional 5.90 $BTC in option premium, recognized as revenue 🙌
As of October 16, Metaplanet holds 861.38 $BTC, acquired for ¥8.022B.
Via Dylan LeClair : Bitcoin
September NFT trading volumes fall 23.7% MoM to $119M, the lowest monthly total of the year. - 𝕏/@theblockpro__ : Leviathan News
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Article 99 of the Hong Kong Chief Executive's 2024 Policy Address mentions a number of virtual assets, including promoting CBDC, the second round of OTC regulatory consultation, submitting a custody licensing system, promoting RWA development, encouraging tokenization technology, and submitting a draft stablecoin bill. — link : Wu Blockchain News
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a16z Crypto released a report saying that as of September this year, there were about 617 million cryptocurrency holders worldwide and 60 million monthly active users. The transaction volume of stablecoins in the Q2 of 2024 was more than twice that of Visa. The average cost of sending USDC on Base is less than one cent, compared to an average cost of $44 for sending international wire transfers. — link : Wu Blockchain News
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Sonic (prev Fantom) to enable protocols to earn up to 90% of fees generated via its fee monetization feature (FeeM): - blog.soniclabs : Leviathan News
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JUST IN: 🇺🇸 Donald Trump's campaign raised $7,500,000 in crypto last quarter. : Watcher Guru
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