213410
- 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
BlackRock's new research paper, titled *"Bitcoin: A Unique Diversifier,"* highlights Bitcoin's potential as a distinctive asset in investment portfolios, offering diversification benefits that set it apart from traditional financial assets. - Blackrock
Source
Binance Labs announced an investment in Hemi Labs, a modular blockchain network that aims to achieve better scalability, security and interoperability by integrating Bitcoin and Ethereum. Hemi plans to release multiple updates including AI data anchoring and DeFi applications in the next 12 months. — link
Source
Tether's second quarter 2024 audit showed that its reserves amounted to $118.4 billion, exceeding liabilities by $5.3 billion, of which more than $97.6 billion were U.S. Treasuries. This makes Tether the 18th largest holder of U.S. Treasuries in the world, surpassing countries such as Germany, the UAE and Australia. Tether has worked with 180 institutions in 45 jurisdictions around the world, freezing approximately 1,850 wallets involved in the case and assisting in the recovery of more than $113 million in assets. — link
Source
Fintech giant Revolut is reportedly advancing in its plans to launch its own stablecoin, aiming to expand its crypto offerings while prioritizing compliance, following its recent $45 billion valuation and U.K. banking license approval. - Coindesk
Source
Fintech giant Revolut said to be planning stablecoin — link | tl;dr
Source
Award-winning crypto influencer "Professor Crypto" deletes X account following accusations of using bots to inflate social media metrics after winning the Best Content Creator award at Token2049's DeGen Summit. - Protos
Source
Coinbase and Goldman Sachs alum launch TrueX, a new crypto exchange built on stablecoins: Fortune
Source
Bitget and Foresight Ventures jointly announced a strategic investment of US$30 million in TON token, which will be achieved by purchasing discounted TON tokens. They will be deeply involved in the governance and future development planning of the TON ecosystem, and will promote more potential dApps to quickly enter the market. — link
Source
Ethereum devs poised to split blockchain's next big upgrade, 'Pectra,' in two — link | tl;dr
Source
Arthur Hayes, founder of BitMEX, said that with the upcoming rate cut by the Fed, risk assets may fall in the short term, especially the rise in the yen exchange rate may hit the crypto market. As interest rates fall to near zero, high-yield assets such as Ethereum will benefit. When the U.S. Treasury bond interest rate is below 4%, ETH will become very attractive, or it may trigger a new round of bull market. — link
Source
Justin Sun vs Vitalik 🤣
https://x.com/sundog_trx/status/1836319656711258572?s=46
Switzerland’s SIX, Europe's 3rd biggest stock exchange, explores launching crypto exchange — link | archive
Source
Binance Customer Support said that it will launch the telegram mini-program game Moonbix. Moonbix is a crypto-themed game launched by Binance, based on the Telegram mini-program platform; in the game, players can explore the galaxy, collect items, and improve their scores. — link
Source
Andre Cronje with a multiple questions survey about potential projects and their token mechanisms - x/@AndreCronjeTech
Source
Google Cloud today announced the launch of our new Blockchain RPC (Remote Procedure Call) service. Blockchain RPC is fully compatible with the Ethereum JSON-RPC standard, allowing developers to integrate it into their applications with a single line of code. — link
Source
Hemi Labs raises $15m to launch modular blockchain in round led by Binance Labs — link | tl;dr
Source
According to Bloomberg, the hacker group Dark Angels obtained a $75 million ransom through a cyber attack on drug distributor Cencora Inc., which is the largest known cyber extortion payment record. The payment was made in three installments in the form of Bitcoin. The hackers stole sensitive data including personal information and medical data. — link
Source
JUST IN: Revolut to launch crypto stablecoin.
Source
Borderless Capital introduces $100M DePIN fund backed by Peaq, Solana Foundation — link | tl;dr
Source
COINDESK: Fintech Giant Revolut Said to Be Planning Stablecoin
https://www.coindesk.com/business/2024/09/18/fintech-giant-revolut-said-to-be-planning-stablecoin/
Source
As ETH staking yields compress to ~3%, investors flock to Liquid Restaking Tokens (LRTs), driving their value to $10B, but the $2.3B in collateral leverage and liquidity risks raise concerns reminiscent of the 2008 financial crisis. - eljhfx.substack
Source
Coinbase and Goldman Sachs alum launch TrueX, a new crypto exchange built on stablecoins: Fortune
Source
QCP: The Fed meets today and their decision will shape the path of financial markets in the medium to long term. Economists polled by Bloomberg see a 25bps cut as more likely, with 104 out of 114 predicting this outcome. We are confident that volatility will be high in the days following the meeting, as traders readjust their positions over the next few weeks. — link
Source
BNB Chain announced that it will use stablecoins as a core strategy to promote the adoption of real-world cryptocurrencies, and plans to promote the growth of use cases on BSC and opBNB by building a stablecoin payment infrastructure. BNB Chain invites wallet providers, payment gateways, and merchants to participate in the development of stablecoin infrastructure. — link
Source
Orderly Network Launches AI Bounty Program with Google Cloud and Empyreal — link
Source
993,425 different tokens have been swapped on the Uniswap Protocol this year — link
Source
Coinbase Ventures leads $5 million round in Vana, a network for user-owned data — link | tl;dr
Source
On September 17, the total net inflow of Bitcoin spot ETFs was $187 million, and the net inflow continued for 4 consecutive days. Grayscale ETF GBTC outflow was $0.00. Fidelity ETF FBTC inflow was $56.6121 million. Bitwise ETF BITB inflow was $45.3528 million. — link
Source
Bitget Exchange announced that its global registered user base has exceeded 45 million, with a growth rate of 1,614% in Africa, 729% in South Asia, and 216% in Southeast Asia in 2024. In addition, the recent TON projects have brought a lot of user growth in the above regions. — link
Source
The LayerZero Foundation announced the launch of lzCatalyst, investing up to $300 million in LayerZero integrated projects. Launch partners include a16z Crypto, Animoca Brands, Atrum, and Delphi Ventures. The lzCatalyst initiative is designed to empower developers with access to significant capital and resources. — link
Source