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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
Bitcoin-backed stablecoin developer Hermetica raises $1.7 million in seed funding — link | tl;dr : unfolded. DeFi
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According to Tether Insights, as of the Q3 of 2024, the number of USDT on-chain wallets and accounts has reached 330 million. This figure does not include the tens of millions of users who use USDT on centralized platforms. In the Q3, 36.25 million new users were added, setting a quarterly record, especially with the recent additions of the TON and Celo users. — link : Wu Blockchain News
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With the TGE Approaching, Understand the Berachain Ecosystem Project
Including DeFi platforms such as Goldilocks and Honeypot, Kodiak liquidity management, Ooga Booga DEX aggregator, Gummi leveraged trading platform, Infrared liquidity pledge protocol and IVX options protocol, etc. Bong Bears is a Rebase NFT series, Honey Comb is a community welfare aggregator, and Yeet and BeraTone are interactive game projects. Read more — link : Wu Blockchain News
QCP: BTC continues to remain resilient above the 65k level as betting markets point to higher odds of Trump's win. Crypto assets have been positively correlated to a Trump victory as his crypto policies are much friendlier and more supportive than Kamala Harris. Also, the ECB is expected to cut rates by 25bps tomorrow. — link : Wu Blockchain News
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JUST IN: 🇮🇹 Italy to raise capital gain tax on Bitcoin from 26% to 42%. : Watcher Guru
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Italy to raise capital tax on Bitcoin to 42%, from 26%: BBG : Zoomer News
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OKX, the second largest exchange to leave the case, announced that it will delist multiple trading pairs including BLOCK/USDT, UTK/USDT, UTK/USDC, AST/USDT, AST/USDC, SIS/USDT, SIS/USDC, WXT/USDT, WXT/USDC, WIFI/USDT, WIFI/USDC on October 24, 2024. Deposits of related currencies have been suspended, and withdrawal services will stop. — link : Wu Blockchain News
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Cosmos co-founder Jae Kwon blames Iqlusion's Zaki Manian for security risks, alleging North Korean agents developed key parts of the liquid staking module. - The Block : Leviathan News
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Asymmetry Finance sets October 24 for crowdsale of $ASF token, used for governance and other protocol benefits - 𝕏/@asymmetryfin : Leviathan News
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On October 15, the total net inflow of US Bitcoin spot ETFs was $371 million. The inflow of BlackRock ETF IBIT was $289 million. The outflow of Ethereum spot ETF was $12.7031 million. — link : Wu Blockchain News
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South Korean lawmaker criticized Avail (AVAIL) and asked financial regulators to provide relevant information about Avail's abnormal trading on Bithumb. Avail's price rose sharply after listing, and then fell rapidly. South Korean lawmakers have previously made similar criticisms of Sui. — link : Wu Blockchain News
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A survey by a university in El Salvador showed that only 7.5% of respondents said they used cryptocurrencies for transactions, while 92% admitted that they did not. Only 1.3% of respondents believed that Bitcoin should be the main bet for the country's future. But 58% of respondents strongly support the current president. El Salvador made Bitcoin a legal tender in 2021. — link : Wu Blockchain News
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Arthur Hayes: For any position I hold, I am ready for insane mark-to-market drawdowns. When Iran launched its latest barrage of missiles at Israel, I cut memecoin positions dramatically. Currently, the only meme coin I own is the Church of Smoking Chicken Fish (symbol: SCF). Read more — link : Wu Blockchain News
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NEW: 🟠 Halving progress 12% 👀
Via therationalroot : Bitcoin
Just one week after announcing its application for an XRP ETF, Canary Capital announced plans to launch a Litecoin-focused product. According to the filing on Tuesday, the asset management company's proposed Canary Litecoin ETF will hold LTC and determine its net asset value every business day based on the CoinDesk Litecoin Price Index. — link : Wu Blockchain News
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Tether insights reports 330 Million USDT On-Chain wallets by Q3 2024, with record 36.25 Million new users added, driven by TON and Celo integrations. - tether.io : Leviathan News
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Uniswap has historically been the largest driver of fees on Ethereum L1, having generated nearly $3bn since its inception — link : unfolded. DeFi
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Italy plans to raise capital gains tax on Bitcoin investments from 26% to 42%. The Italian government previously planned to raise 3.5 billion euros (about 3.8 billion U.S. dollars) in budget funds by imposing additional taxes on banks and insurance companies. — link : Wu Blockchain News
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Italy to raise capital gain tax on Bitcoin from 26% to 42%: BBG : unfolded.
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Italy to Raise Capital Gain Tax On Bitcoin From 26% to 42%: BBG : Tree News
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The HashKey Group token HSK, which was originally scheduled to be launched in October this year, will be postponed. The official Twitter stated that the crypto market has been sluggish in the past three months, and a hasty launch is not in the best interests of the community. They are patiently waiting for more favorable market conditions, and expect the market to see significant growth by the end of this year. — link : Wu Blockchain News
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Leviathan News once again courts controversy reminiscent of the Ross Ulbricht case, as users bemoan alleged "murder for tokens" trend - t.me : Leviathan News
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According to CNBC, the Trump-supporting TRUMP 47 COMMITTEE has raised about $7.5 million in cryptocurrencies from July 1 to September 30, covering BTC, ETH, XPR, USDT and USDC. At least 18 donors donated more than $5.5 million in BTC, and another 7 donated about $1.5 million in ETH. — link : Wu Blockchain News
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All in Bits (AiB), the builder of the Cosmos ecosystem, issued an emergency alert, discovering that the Liquid Staking Module (LSM) of the Cosmos Hub has serious security risks. Most of the LSM code was written by North Korean developers. LSM is not an independent module, but a modification of the existing staking, distribution and slashing modules, which may affect all staked ATOMs. — link : Wu Blockchain News
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Trump project World Liberty Financial presale fills $10m in first 14 hours, about 3.4% of total offered amount: WLFI : Zoomer News
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Kraken now allows non-US customers to restake their staked ETH directly on the Ethereum network and earn additional rewards through EigenLayer. Kraken's subsidiary Staked, the operator of EigenLayer, has been selected as a validator for ETH restaking. — link : Wu Blockchain News
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BlackRock (IBIT) Daily BTC Flows: +291.1m: BBG : Tree News
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Bitnomial announced on Tuesday that it has raised $25 million in a funding round led by Ripple Labs and launched a crypto futures trading platform in the United States called Botanical. Bitnomial is one of the few U.S. companies approved by the U.S. CFTC to manage designated contract markets. The approval enables Bitnomial to offer bitcoin futures and options trading. — link : Wu Blockchain News
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Praxis, which calls itself the first "network state", announced that it has received $525 million in funding. This is suspected to be false information because the investors include the notorious fraud fund GEM Digital. — link Earlier investigation : Wu Blockchain News
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