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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 ETFs have crossed $20b in total net flows (the most imp number, most difficult metric to grow in ETF world) for first time after huge week of $1.5b. For context, it took gold ETFs about 5yrs to reach same number. Total assets now $65b, also a high water mark."
- Eric Balchunas : Bitcoin
The ECB cut interest rates by another 25 basis points. The ECB lowered the deposit facility rate from 3.5% to 3.25%, in line with market expectations. At the same time, the main refinancing rate and marginal lending rate were adjusted from 3.65% and 3.9% to 3.4% and 3.65% respectively. : Wu Blockchain News
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Kraken launches new wrapped Bitcoin product, kBTC : Zoomer News
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Ethena governance proposal for the integration of Ethena's liquidity and hedging engine onto Hyperliquid, alongside the addition of $USDe within Hyperliquid's L1 upon launch of its EVM mainnet. - 𝕏/@ethena_labs : Leviathan News
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South Korea's largest exchange Upbit announced that it will list Injective (INJ) at 17:15 on October 17, supporting the KRW and USDT trading markets. INJ is the native token of the L1 network Injective, mainly used for participating in governance, liquidity mining, and blockchain security enhancement. — link : Wu Blockchain News
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56% of all cbBTC is on Aave - 𝕏/@lemiscate : Leviathan News
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Why Liquity's Forkanomics will rejuvenate L2s. - 𝕏/@bjnpck : Leviathan News
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DeBridge announced that an airdrop has been distributed to 491,000 wallets. DBR, an SPL token on Solana, has an initial circulating supply of 1.8 billion and a maximum supply of 10 billion. All airdrop recipients can choose to claim 50% at TGE (Token Generation Event) and the remaining 50% after 6 months, or claim 80% at TGE minus a 20% penalty. 10% of the airdrop will be claimed through CEX, and 90% will be claimed on-chain. —link : Wu Blockchain News
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Crypto security firm Ancilia mistakenly shared a wallet drainer link while trying to help victims of Radiant Capital's $52 million hack, potentially exposing users to further losses. - CoinTelegraph : Leviathan News
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An investigation into February's fake Rabby Wallet scam, which stole $1.6 million from unsuspecting users through a fraudulent app on the Apple App Store, has traced the stolen funds to a wallet called "Konpyl," but deeper links, including to a Dubai crypto CEO, suggest a wider scheme. - CoinTelegraph : Leviathan News
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Asian private wealth managers increasingly embrace crypto, with 76% of family offices invested and some predicting Bitcoin will hit $100K by year-end, up from 58% in 2022. - Coindesk : Leviathan News
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a16z crypto report reveals cryptocurrency usage hit record highs in 2024, with 617 million global owners and over 220 million active addresses. - The Block : Leviathan News
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Coinbase has integrated ZetaChain mainnet as a default network within its ecosystem, and Coinbase Prime now supports institutional custody for ZETA. Coinbase has also joined as a validator, enabling native ZETA staking and rewards. Meanwhile, ZetaChain has launched full support for Base, facilitating seamless interactions across Base, Bitcoin, Ethereum, and other networks. —link : Wu Blockchain News
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According to Polymarket, the chances of Republican candidate Donald Trump winning the presidency in the United States exceeded 60% on October 16, reaching Polymarket's highest chance of winning since August. However, the latest NBC poll shows that both sides are tied at 48%. — link : Wu Blockchain News
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New Aave developer docs published - Aave : Leviathan News
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Crypto exchange Kraken announced the launch of kBTC, a cross-network compatible ERC-20 token fully backed by Bitcoin. Each kBTC token is backed by Bitcoin 1:1 managed by Kraken, and users can ensure its transparency and security through on-chain verification. kBTC brings the utility of Bitcoin to Ethereum and OP Mainnet, and plans to be compatible with more networks. — link : Wu Blockchain News
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85% of total transaction fees across the Optimism Superchain come from priority fees — link : unfolded. DeFi
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Crypto Exchange Kraken Launches Wrapped Bitcoin Token kBTC: COINDESK : Tree News
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deBridge token goes live with DBR airdropped to 491K wallets — link | tl;dr : unfolded. DeFi
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Nishad Singh's lawyers plead for leniency in sentencing, calling him an "uncommonly selfless individual" as he awaits judgment for his role in the FTX collapse on October 30. - Coindesk : Leviathan News
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DTCC Launches Digital Asset Sandbox to unite industry in developing secure and efficient financial infrastructure. - thedefiant.io : Leviathan News
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On October 16, Bitcoin spot ETFs recorded a net inflow of $459 million, extending a streak of four consecutive days of inflows, with BlackRock's ETF IBIT contributing $393 million, while Ethereum spot ETFs experienced a net inflow of $24.2 million. - Sosovalue : Leviathan News
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The DeFi Collective is celebrating its first anniversary - with a new NFT collection on Optimism - 𝕏/@Arke56374430 : Leviathan News
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Beaverbuild and Titan Builder produce 88.7% of blocks in two weeks, driven by exclusive private order flow (XOF), raising concerns about Ethereum's centralization and censorship resistance. - 𝕏/@nero_eth : Leviathan News
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The US is falling behind in global stablecoin adoption as demand surges abroad, with US-regulated exchanges seeing their share of stablecoin transactions drop from 50% in 2023 to below 40% in 2024, according to a Chainalysis report. - CoinTelegraph : Leviathan News
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Ethereum staker revenue drops 30% from March peak to $174 million in September, as on-chain activity slows despite growing validator participation. - The Block : Leviathan News
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Vitalik Buterin outlines ambitious goal of 100,000 TPS for Ethereum’s rollup-centric scaling roadmap — link | tl;dr : unfolded. DeFi
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On October 16, Bitcoin spot ETF had a total net inflow of $459 million yesterday, continuing its net inflow for 4 consecutive days. BlackRock ETF IBIT had an inflow of $393 million. Ethereum spot ETF had a total net inflow of $24.2192 million. — link : Wu Blockchain News
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WuBlockchain Podcast: RWAfi and Real Yield: Plume's Innovative Approach
Plume is purpose-built for RWAs and RWAfi, with over 180 projects already built on Plume and over $1 billion in assets deployed on Plume, with hundreds of millions more on the way. Youtube Transcript : Wu Blockchain News
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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