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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

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Cryptoy ₿

*A Robinhood spokesperson said it has “no imminent plans to launch this offering.”

*A Revolut spokesperson said the company plans to “further grow” its crypto product suite, without confirming a future stablecoin. : infinityhedge

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Robinhood and Revolut looking into creating their own stablecoins: BBG : Zoomer News

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*ROBINHOOD, REVOLUT SAID TO EXPLORE LAUNCHING OWN STABLECOINS: BBG : Tree News

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Ethena announces $UStb, a new fiat-based stablecoin backed by BlackRock's BUIDL fund - 𝕏/@ethena_labs : Leviathan News

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SEC CHAIR SIGNALS DESIRE TO FINISH PLAN THAT MAY AFFECT DEFI: BBG : Tree News

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Liquity updates the whitepaper for its v2 stablecoin $BOLD, with finalized collateral assets and more information on governance - 𝕏/@LiquityProtocol : Leviathan News

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JUST IN: $65,000 Bitcoin : Watcher Guru

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LlamaRisk finds GHO users to be wealthy contributors to the DeFi ecosystem - 𝕏/@LlamaRisk : Leviathan News

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JUST IN: 🇺🇸 SEC Chair Gary Gensler says Bitcoin is not a security. : Watcher Guru

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NEW: 🟠 BlackRock spot Bitcoin ETF had $184 million inflows yesterday 🔥 : Bitcoin

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Telegram tap-to-earn game Hamster Kombat goes live with $900m market cap 🐹 - 𝕏/@traders_insight : Leviathan News

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Guggenheim Partners tokenizes $20M of commercial paper on Ethereum with Zeconomy, citing strong demand for digital assets. - Coindesk : Leviathan News

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It's been 1051 days since the global crypto market cap peaked on November 15, 2021.

The longest-ever crypto market cap drawdown lasted for 1,106 days from Dec 15, 2013, to Dec 25, while past cycles drawdown lasted for 1096 days from Jan 7, 2018, to Jan 7, 2021 — link : unfolded.

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Wall Street titan Guggenheim tokenizes $20M of commercial paper on Ethereum — link | tl;dr : unfolded. DeFi

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Ethena plans to launch new stablecoin backed by BlackRock's tokenized BUIDL fund : infinityhedge

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Robinhood, Revolut said to explore launching own stablecoins: Bloomberg : unfolded. DeFi

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ROBINHOOD, REVOLUT SAID TO EXPLORE LAUNCHING OWN STABLECOINS: BBG : infinityhedge

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JUST IN: 🚨 Coinbase is down as Bitcoin pumps❗️ : Bitcoin

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SEC CHAIR SIGNALS DESIRE TO FINISH PLAN THAT MAY AFFECT DEFI : infinityhedge

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Afik Rechler analyzed the global search volume of Hamster Kombat, a popular TON game that just released tokens, and found that the search volume rankings are: India 22%, Pakistan 14%, Bangladesh 6%, Russia 6%, Nigeria 5%, and Indonesia 5%. This also means the distribution of users participating in the game. — link : Wu Blockchain News

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Opinion: Potential Directions and Goals for Blockchain Development in the Next Five Years
- Stablecoins in Global Economic Activities
- On-chain tokenization of more existing assets
- Enhancing privacy protection Read more — link : Wu Blockchain News

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JUST IN: 🇺🇸 Gary Gensler in the hot seat on CNBC for refusing to give his view on #Bitcoin as a strategic reserve asset 🤡 : Bitcoin

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Onyx Protocol's oVUSD lending market has been exploited for $3.2 million - 𝕏/@DecurityHQ : Leviathan News

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Bitcoin mining company Hut 8 announced the launch of its GPU-as-a-Service business, and will work with Hewlett Packard Enterprise to build a cluster of 1,000 NVIDIA H100 GPUs in a Tier 3 data center in Chicago, and has begun serving AI cloud developers. — link : Wu Blockchain News

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The U.S. announced the final annualized quarterly rate of real GDP in the Q2 of 3%, which was expected to be 3% and the previous value was 3.00%. The final annualized quarterly rate of the core PCE price index in the Q2 of the U.S. was 2.8%, which was expected to be 2.8% and the previous value was 2.80%. The number of initial jobless claims in the U.S. for the week ending September 21 was 218,000, the lowest since May 18. : Wu Blockchain News

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Bitdeer Technologies Group announced today that its latest bitcoin mining chip, SEAL02, has completed testing. In cooperation with TSMC, the SEAL02 chip has demonstrated an energy efficiency ratio of 13.5J/TH. The SEAL02 chip will be integrated into Bitdeer's upcoming SEALMINER A2 mining machine, which is expected to be put into mass production by the end of 2024. — link : Wu Blockchain News

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Hamster Kombat token goes live for trading with airdrop to 131 million user accounts — link | tl;dr : unfolded. DeFi

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Ethena Labs announced Ethena new product offering: UStb. UStb will be collateralized by BlackRock and Securitize BUIDL and will function identically to a traditional stablecoin. Ethena can close hedging positions and re-allocate those backing assets to UStb to further ameliorate risk associated with negative funding rate environments. — link : Wu Blockchain News

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Ethena plans to launch new stablecoin backed by BlackRock's tokenized BUIDL fund — link | tl;dr : unfolded.

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THE BLOCK: Ethena plans to launch new stablecoin backed by BlackRock's tokenized BUIDL fund

https://www.theblock.co/post/318297/ethena-ustb-stablecoin-blackrock-buidl-securitize : Tree News

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