Sky (formerly MakerDAO) will vote on whether to completely abandon wBTC in its ecosystem, with approximately $200 million in loans backed by the token. BA Labs proposed to gradually remove all wBTC exposure from collateral assets in five steps, the first of which will begin on September 26, and each step will be subject to voting. — link
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Digital asset management company ParaFi Capital announced that it will tokenize a portion of its $1.2 billion portfolio on the Avalanche blockchain through the Securitize platform. This is the company's first attempt at fund tokenization, through which investors can buy and sell these tokenized shares on a digital platform. — link
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Ethereum ETF's continue to struggle, with lifetime flows being -$583M, compared to Bitcoin's lifetime flows of +$17B: Farside
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ICYMI: 🟠 CleanSpark will acquire 7 additional #Bitcoin mining facilities in Tennessee for $27.5 million expecting to achieve 37 EH/s by EOY 🔥
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Sky, Formerly Maker Dao, Prepares Vote To Offboard WBTC As Concerns Over Justin Sun Remain: Coindesk
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FYI: 🟠 $1400 stimulus check is now worth ~$11,700... assuming you bought $BTC with it 🚀
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Treasure DAO proposal seeks migration from Arbitrum to ZKsync — link | tl;dr
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How To Make DAOs & Tokenomics work together? - A Special Builders Panel - youtube.com
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JUST IN: 🇺🇸 Donald Trump says "we're embracing the future with crypto and leaving the slow and outdated big banks behind."
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Trump's backed DeFi project "World liberty financial" to launch 8pm sept 16 — link
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JUST IN: 🟠 BlackRock says #Bitcoin "could serve as a hedge against increasing global disorder and declining trust in governments, banks, and fiat currencies." 🤔
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Vega Protocol, backed by Pantera Capital, to shut down Layer-1 chain following near-unanimous governance vote. - crypto.news
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JUST IN: BlackRock says Bitcoin could be a "hedge against increasing global disorder and declining trust in governments, banks, and fiat currencies."
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Treasure DAO, the most famous game project on Arbitrum, recently released a proposal to migrate its Web3 game ecosystem from Arbitrum to ZKsync. The proposal shows that ZKsync is more suitable for meeting Treasure's long-term plan in decentralized games. — link
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According to Cointelegraph, the US consumer protection organization Consumers' Research released a report on September 12, warning that stablecoin issuer Tether has problems with the transparency of its US dollar reserves and has not provided a complete audit conducted by a reputable accounting firm. — link
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According to Fox News reporter Eleanor Terrett, Republican Congressman John Rose of Tennessee is proposing a bill called the "BRIDGE Digital Assets Act" to establish a joint digital asset advisory committee between the US SEC and the US CFTC, consisting of 20 private sector participants in the crypto industry. — link
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DeFi lending giant Sky sets vote to offload wrapped Bitcoin (wBTC) as Justin Sun concerns linger — link | tl;dr
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FUN FACT: 🇺🇸 The national debt has risen under every Republican and Democrat president.
Maybe it’s time to study Bitcoin 💯
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In Q2’24, Arbitrum ($1.2 billion), Ethereum ($913 million), and Optimism ($893 million) were the top three source networks in transfer volume for bridges built on top of LayerZero — link
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NEW: 🇺🇸 MARA acquires more Bitcoin, now owns over 26,200 $BTC worth $1.5 BILLION 💥
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Trump says there will be more presidential debates, as Kamala slowly takes odds lead: Truth Social
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Crypto: We will see more SEC Enforcement actions over the next few weeks, as the SEC’s fiscal year ends Sept 30: Blockchain Association, CEO
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Coming up in an hour - the Leviathan News DAOs and Tokenomics Panel with TokenBrice, wagmialexander, twMatt, Amadeo Brands and Joey Roth - x/@leviathan_news
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CKS Systems has launched Manifest, an on-chain orderbook built on Solana — link | tl;dr
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JUST IN: 🇺🇸 US government announces it has spent over $1 trillion this year on interest payments for its $35.3 trillion national debt.
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