Coinbase Wrapped BTC (cbBTC) is now live
Coinbase is rolling out cbBTC – Coinbase Wrapped BTC – an ERC20 token that is backed 1:1 by Bitcoin (BTC) held by Coinbase.
At launch, cbBTC will be supported on Base and Ethereum, with plans to support more chains.
https://www.coinbase.com/en-gb/blog/coinbase-wrapped-btc-cbbtc-is-now-live
Scam Sniffer has detected a malware called Fato Reader that targets crypto users.
https://x.com/realScamSniffer/status/1834155077504041251
UniSat iOS App is now officially downloadable in the App Store
Key Features:
▫️Support Fractal Bitcoin Mainnet
▫️Effortless and instant brc20 & Runes inscribing and trading (after they are activated)
▫️Smoothly switch between accounts & wallets
▫️One-tap BTC, inscriptions and runes transfers
https://x.com/unisat_wallet/status/1834169183476879494
Grayscale Sui Trust is open to eligible accredited investors seeking exposure to SUI.
After the news, the SUI price has increased by 17%.
https://x.com/Grayscale/status/1833898477564395833
FTX/Alameda associated wallet redeems 177,693 SOL worth $24M from Solana POS Staking
The wallet still holds 7.057M SOL worth $954M in staking.
https://solscan.io/account/H4yiPhdSsmSMJTznXzmZvdqWuhxDRzzkoQMEWXZ6agFZ#transfers
Lawmakers to probe SEC over suspected political favoritism in staffing
The probe seeks to determine whether the SEC violated federal law by considering political affiliations in its hiring of senior employees, potentially compromising the agency's impartiality.
https://cryptoslate.com/lawmakers-to-probe-sec-over-suspected-political-favoritism-in-staffing/
The crypto market is growing
BTC Dominance - 55.73%
Market Cap - $2.07T
BTC - $58,231.94 (+2.74%)
ETH - $2,368.9 (+1.15%)
BNB - $543.1 (+5.71%)
SOL - $135.68 (+1.86%)
XRP - $0.5373 (+0.94%)
TON - $5.42 (+1.84%)
ZRO - $3.76 (+7.77%)
https://dropstab.com
Linea co-founder Marco Monaco steps down as the Growth Lead for Linea.
https://x.com/marcomonaco83/status/1833659307759407558
Former Alameda Research CEO Caroline Ellison's sentencing hearing has been scheduled for Sept. 24, 2024.
https://www.coindesk.com/policy/2024/09/11/former-ftx-executive-caroline-ellisons-sentencing-hearing-set-for-sept-24/
Paypal, Venmo integrate Ethereum Name Service for crypto payments
https://www.theblock.co/post/315188/paypal-venmo-integrates-ethereum-name-service
Ozean, the blockchain for RWA yield being launched by Clearpool, has partnered with Velodrome to enhance liquidity for RWAs.
Velodrome is a MetaDEX that serves as the central liquidity hub for the Optimism Superchain—a network of Layer 2 chains.
https://x.com/ClearpoolFin/status/1833490140687438132
⚡️ Top Blockchains by DEX Volume Growth in the Last 7 Days
👉 https://dropstab.com/exchanges/dex
Singapore police have launched an investigation into seven individuals suspected of offering services to buy and sell Worldcoin accounts and tokens.
Last month, the Singapore Police arrested five individuals suspected of buying or selling Worldcoin accounts and tokens. Initial investigations revealed that three men allegedly recruited people on behalf of various entities to create Worldcoin accounts.
They then took control of these accounts and tokens in exchange for cash. These assets were passed to a fourth man and a woman, believed to be involved in purchasing and managing their transfer. During the operation, the police seized over 200 mobile phones as evidence.
https://cryptonews.com/news/singapore-worldcoin-account-sales-investigation/
The U.S. Federal Bureau of Investigations recorded a 45% uptick in losses tied to crypto scams in 2023, according to an annual financial fraud report.
The FBI's Internet Crime Complaint Center received over 69,000 crypto-related complaints which resulted in $5.6 billion in losses in 2023, the agency said in its annual report. Crypto accounted for 10% of total financial fraud complaints and about half of the total losses.
People over the age of 60 filed the most complaints in 2023, followed by consumers in their 30s and 40s. Investment scams were the most reported crime, according to the report.
https://www.theblock.co/post/315446/fbi-reports-a-45-surge-in-losses-tied-to-crypto-fraud-in-2023
a16z Crypto has announced the CSX Fall 2024 Cohort and the 21 startups selected to join this cohort:
1. Anera Labs: building liquidity infrastructure that unites all onchain liquidity
2. Banyan: uses AI to bridge communication gaps at work and bring clarity to the enterprise
3. Blocksense: enables creation of oracles that can leverage internet data and CPU/GPU computations
4. Cork Protocol: risk pricing protocol accelerating onchain credit
5. Dot: transforms user-created pixel art into game pieces for onchain games
6. Fermah: building a universal zero-knowledge proof generation layer
7. Future Primitive: creating a new home for internet photo pals
8. Kuzco: a marketplace for LLM inference
9. MeshMap: building a 3D map of the world and a network of AR content
10. Opacity Labs: privately verifies web2 data with zkTLS
11. OpenGradient: building a blockchain that aims to bring the world’s compute onchain
12. PIN AI: building an open platform for personal AI (data+agents)
13. Pod: a new L1 primitive that is blockless, leaderless and relaxes the notion of transaction total ordering
14. Sekai: makes it easy to create, share, and monetize interactive narratives
15. Skyfire: an open payment protocol which enables AI agents to be able to pay for anything
16. Suave: enables DApps to accept any token from any wallet on any blockchain
17. t1: real-time proof generation to unify Ethereum
18. TACEO: MPC encrypted compute for Web3
19. Term Labs: a DeFi lending platform that matches borrowers and lenders at fixed rates
20. vlayer labs: trustless verifiable data infrastructure powered by zero-knowledge proofs
21. zkSpin: building highly-parallel blockchain to run demanding DApps onchain
https://a16zcrypto.com/posts/article/announcing-the-csx-fall-2024-cohort/
💧 Top Perp DEXs with Upcoming Airdrop by Trade Volume
👉 https://dropstab.com/tab/perp-dexs-with-airdrop-s8usexk6zj
Global financial messaging network Swift said it is building real-world solutions to interlink fiat currencies with different forms of tokenized assets as a part of its vision to offer its users access to existing and emerging asset types.
https://www.theblock.co/post/316066/swift-to-test-solutions-interlinking-fiat-with-various-tokenized-assets
The community members of Vega Protocol have voted to retire its existing Layer 1 blockchain.
https://www.theblock.co/post/316006/vega-passes-governance-vote-to-shut-down-its-layer-1-blockchain
Binance has introduced BNSOL - Binance SOL Staking
Users can securely stake their SOL tokens and receive BNSOL in return, a liquid staking token that represents their staked assets.
BNSOL allows users to continue earning staking rewards while keeping the flexibility to trade, lend, or utilize their assets across various Binance products and external DeFi platforms.
Each BNSOL represents 1 staked SOL plus the accumulated staking rewards. Over time, as SOL staking rewards accumulate, the value of 1 BNSOL progressively exceeds that of 1 SOL.
Users can withdraw their BNSOL to their Web3 Wallet and explore Solana protocols that have integrated with BNSOL, such as Kamino, Solayer, Drift, Orca, Meteora, MarginFi, Raydium, Sanctum, Save, Jupiter, and Pyth.
https://www.binance.com/en/solana-staking
https://www.binance.com/en/support/announcement/binance-introduces-bnsol-earn-sol-staking-rewards-and-unlock-liquidity-on-solana-de5969a9c20f42088fcf039101370e15
Spot ETF Flow on 11.09: BTC-ETF -$43.97M, ETH-ETF -$542.8K
https://sosovalue.com/assets/etf/us-btc-spot
The U.K. government introduced a bill to Parliament touching on the legal status of digital assets including cryptocurrencies, non-fungible tokens (NFTs) and tokenized real-world assets (RWAs).
The bill will clarify that these assets are considered personal property under British law. Once enacted, it will give the legal profession guidelines to follow when there's a dispute on ownership, such as during a divorce. It will also provide protection to crypto owners, whether individuals or companies, who are hit by fraud and scams.
Central to the proposal is a new category of property in addition to the existing "things in possession,” which covers items such as money and cars, and “things in action,” such as debt and shares. The new category of “thing” will allow certain digital assets to attract personal property rights, Justice Minister Heidi Alexander said in a statement.
https://www.coindesk.com/policy/2024/09/11/uk-introduces-bill-to-clarify-cryptos-legal-status/
Listing of HMSTRUSDT on Bybit Perpetual Pre-Market is on Sep 12, 2024, 10:00 UTC.
https://announcements.bybit.com/en/article/listing-of-hmstrusdt-on-bybit-perpetual-pre-market-on-sep-12-2024-10-00am-utc-blt6a2844e05df839d6/
Spot ETF Flow on 10.09: BTC-ETF +$116.96M, ETH-ETF +$11.44M
https://sosovalue.com/assets/etf/us-btc-spot
Indonesian exchange Indodax was hacked for ~$14.4m
https://x.com/CyversAlerts/status/1833629057256239175
https://x.com/indodax/status/1833681240735760633
The crypto market is neutral
BTC Dominance - 55.48%
Market Cap - $2.02T
BTC - $56,764 (+0.27%)
ETH - $2,345.68 (+0.06%)
BNB - $514.5 (-0.28%)
SOL - $133.48 (+0.13%)
XRP - $0.533 (-0.27%)
TON - $5.3 (+1.01%)
ZRO - $3.5 (+0.41%)
https://dropstab.com
Want to get bonuses from your favorite blogger/KOL/influencer? Bring him/her to us.
As part of KOL's 2nd round, we've launched a "Bring a KOL" promotion.
On early access, when invites are limited to everyone, you will have the opportunity to invite someone with an audience and subsequently receive 10% of their bonuses and 5% of their referrals' bonuses through the referral system.
What you need to do to do this:
- Find a KOL/blogger/influencer
- Send him a link to the bot @fomo and ask him to activate the App
- Ask to fill out a form and specify your telegram nickname in it (the form button is at the bottom of the App)
Next, we will check your KOL and if everything is ok, our team will contact you.
Important: the promotion is only valid for a few days. Hurry 🫡
The friend.tech team has no plans to shutter or discontinue the friend.tech web app.
The FRIEND price has increased by more than 60% in 24 hours.
https://x.com/friendtech/status/1833259362711986335
Spot ETF Flow on 9.09: BTC-ETF +$28.72M, ETH-ETF -$5.2M
https://sosovalue.com/assets/etf/us-btc-spot
A leaked Chainalysis video suggests that Monero transactions could be traceable despite the privacy-preserving nature of the blockchain.
The leaked video, which outlines the company’s tracking methods related to the coin, has since been deleted.
Chainalysis’ potential ability to track XMR transactions raises worrying concerns, as Monero brands itself as the “secure, private, untraceable cryptocurrency that keeps your money confidential.”
https://cointelegraph.com/news/chainalysis-leak-monero-traceability
Eric Balchunas: “Bitcoin ETFs collectively have over 1,000 institutional holders after just two 13F periods. That's beyond unprecedented. IBIT alone has 661 holders with 20% of its shares reported held by institutions and large advisors, likely headed to 40% in next 12mo IMO. How weird is this? For example, take an ETF at random- say a $7m ETF launched last Dec. It has TWO holders and they only own 0.03% of the fund. Not to dump on that ETF (bc that's normal) but more to point out how the bitcoin ETFs are freaks of nature, an anomaly in physics.”
https://x.com/EricBalchunas/status/1833115855988646061