🚀 HIVE Digital Reports September Bitcoin Production And Holdings Growth
#HIVE #Bitcoin #BitcoinProduction #BitcoinHoldings #CryptoNews #BTC
According to PANews, HIVE Digital has released its financial report for September, revealing the production of 112 Bitcoins during the month. The report also indicates that the company's total Bitcoin holdings have reached 2,604, marking a 50% increase over the past 12 months.#HIVE #Bitcoin #BitcoinProduction #BitcoinHoldings #CryptoNews #BTC
🚀 Tether Marks 10th Anniversary With Documentary On USDT's Role In Combating Inflation
#Tether #USDT #Inflation #Cryptocurrency #Stablecoin #FinancialInclusion #Blockchain #Brazil #Documentary #10thAnniversary
According to Cointelegraph, stablecoin issuer Tether has announced the release of a documentary on its 10th anniversary, highlighting the impact of USDT in fighting inflation. The documentary trailer features interviews with users from countries like Turkey, Brazil, and Argentina, where high inflation rates are prevalent. The film aims to showcase USDT as a tool similar to the US dollar, with one interviewee noting that in Brazil, “Tether with USDT is like 90% of the transactions that Brazil makes during the day.” In 2023, USDT adoption in Brazil surged, accounting for 80% of all crypto transactions in the country.
Tether’s journey began on October 6, 2014, when its first tokens were launched by entrepreneur Brock Pierce, Reeve Collins, and software engineer Craig Sellars. Initially branded as Realcoin, the project rebranded to Tether, offering tokens that represent fiat currencies at a 1:1 ratio, facilitating global asset transfers via blockchain technology. Originally built on the OmniLayer platform on the Bitcoin protocol, USDT has since expanded to multiple blockchains, including Ethereum, Tron, and The Open Network. With a market capitalization of $120 billion, USDT remains the largest stablecoin by market cap and the third-largest cryptocurrency overall, following Bitcoin (BTC) and Ether (ETH).
Tether CEO Paolo Ardoino emphasized the company's commitment to financial inclusion, particularly for those “left behind” by traditional banking systems. In a post on X, Ardoino described Tether as a “symbol of disintermediation, resilience, and stability,” focusing on empowering people, communities, and entire countries. He highlighted that Tether aims to provide financial technology for individuals in developing countries who lack access to bank accounts due to insufficient revenue generation for traditional banks.#Tether #USDT #Inflation #Cryptocurrency #Stablecoin #FinancialInclusion #Blockchain #Brazil #Documentary #10thAnniversary
🚀 UniSat Releases Q4 Roadmap With Key Updates
#UniSat #Roadmap #Updates #DigitalAssets #Runes #CAT20 #Marketplace #FBVoting #PizzaSwap #BRC20 #zkAtomicSwap #CATProtocol
According to Odaily, UniSat has unveiled its roadmap for the fourth quarter, detailing significant updates and new features scheduled for release over the next three months. The roadmap outlines the following key developments:
In October, UniSat plans to activate Runes, introduce CAT20 recognition and transmission, and launch the CAT Marketplace. These updates aim to enhance the platform's functionality and user experience, providing more robust tools for users to interact with digital assets.
November will see the introduction of FB voting, a major update to PizzaSwap, and optimizations for BRC-20, Runes, and CAT20. These enhancements are expected to improve the efficiency and performance of the platform, offering users more streamlined and effective ways to manage their digital assets.
In December, UniSat will roll out zkAtomicSwap, an effective atomic swap solution, along with advanced support for the CAT protocol and another significant update to PizzaSwap. These updates are designed to further bolster the platform's capabilities, ensuring secure and efficient transactions for users.#UniSat #Roadmap #Updates #DigitalAssets #Runes #CAT20 #Marketplace #FBVoting #PizzaSwap #BRC20 #zkAtomicSwap #CATProtocol
🚀 Fractal Bitcoin Releases Q4 2024 Roadmap
#FractalBitcoin #Q42024 #Roadmap #DigitalAssets #UniSat #CAT20 #TrustlessTrading #RetrospectiveFunding #Voting #Governance #PizzaSwap #Decentralized #CommunityDriven #zkAtomicSwap #CATProtocols #MainnetUpgrade
According to BlockBeats, on October 6, Fractal Bitcoin unveiled its roadmap for the fourth quarter of 2024. The roadmap outlines significant developments and upgrades planned for the upcoming months.
In October, Fractal Bitcoin plans to activate Runes, introduce CAT20 indexing and transfers in the UniSat wallet, launch a trustless CAT20 trading market, and initiate the first season of retrospective funding. These steps aim to enhance the functionality and security of the platform, providing users with more robust and efficient tools for managing their digital assets.
November will see the implementation of Fractal voting and governance mechanisms, along with upgrades and performance optimizations for PizzaSwap. These enhancements are expected to improve user experience and streamline operations within the ecosystem, fostering a more decentralized and community-driven environment.
In December, Fractal Bitcoin aims to achieve zkAtomicSwap, support advanced CAT protocols, and upgrade the PizzaSwap mainnet. These advancements are designed to bolster the platform's capabilities, ensuring seamless and secure transactions while expanding the range of supported protocols and features.#FractalBitcoin #Q42024 #Roadmap #DigitalAssets #UniSat #CAT20 #TrustlessTrading #RetrospectiveFunding #Voting #Governance #PizzaSwap #Decentralized #CommunityDriven #zkAtomicSwap #CATProtocols #MainnetUpgrade
🚀 IMF Recommends El Salvador Narrow Bitcoin Law Scope
#IMF #ElSalvador #Bitcoin #RegulatoryOversight #LoanProgram #EconomicReforms #CryptoPolicy
According to PANews, the International Monetary Fund (IMF) has advised El Salvador to narrow the scope of its Bitcoin law and enhance regulatory oversight amid ongoing discussions about a potential loan program. The IMF has expressed concerns about the risks associated with El Salvador's adoption of Bitcoin, which has become a significant topic in the new loan program negotiations. The aim of these discussions is to establish a policy framework that will help boost productivity and strengthen economic reforms.#IMF #ElSalvador #Bitcoin #RegulatoryOversight #LoanProgram #EconomicReforms #CryptoPolicy
🚀 🔥 Tokens Including APT, EIGEN, and NEON to Undergo Large Unlocks Next Week 🔥
#APT #EIGEN #NEON #ADA #XAI #MODE #IO #ENA #HFT #GLMR
PANews reported on October 6 that data from Token Unlocks indicates tokens like APT, EIGEN, and others will experience significant unlocks next week, totaling over $200 million in value. Details are as follows:Aptos (APT) will unlock approximately 11.31 million tokens at 7:59 PM UTC on October 11, accounting for 2.25% of the current circulating supply, valued at about $103 million.Eigenlayer (EIGEN) will unlock approximately 9.93 million tokens at 7:00 PM UTC on October 8, accounting for 5.32% of the current circulating supply, valued at about $35.8 million.Neon (NEON) will unlock approximately 53.91 million tokens at 12:00 AM UTC on October 7, accounting for 93.43% of the current circulating supply, valued at about $18.7 million.Cardano (ADA) will unlock approximately 18.53 million tokens at 12:00 AM UTC on October 7, accounting for 0.05% of the current circulating supply, valued at about $6.5 million.Xai (XAI) will unlock approximately 35.88 million tokens at 9:30 AM UTC on October 9, accounting for 6.20% of the current circulating supply, valued at about $7.2 million.Mode (MODE) will unlock 500,000 tokens at 12:00 AM UTC on October 7, accounting for 38.64% of the current circulating supply, valued at about $5.6 million.io.net (IO) will unlock approximately 2.11 million tokens at 12:00 PM UTC on October 11, accounting for 2.22% of the current circulating supply, valued at about $3.7 million.Ethena (ENA) will unlock approximately 12.86 million tokens at 7:00 AM UTC on October 9, accounting for 0.47% of the current circulating supply, valued at about $4 million.Hashflow (HFT) will unlock approximately 13.62 million tokens at 12:00 AM UTC on October 7, accounting for 2.99% of the current circulating supply, valued at about $2 million.Moonbeam (GLMR) will unlock approximately 3.04 million tokens at 12:00 AM UTC on October 11, accounting for 0.34% of the current circulating supply, valued at about $500,000.#APT #EIGEN #NEON #ADA #XAI #MODE #IO #ENA #HFT #GLMR
🚀 Ethereum Mainnet Fees Hit Record Low After Dencun Upgrade
#Ethereum #DencunUpgrade #L2Transactions #EIP4844 #Blockchain #CryptoFees #ETH
According to BlockBeats, on October 6, data from IntoTheBlock revealed that following the Dencun upgrade, Ethereum mainnet fees have reached a historic low due to a surge in Layer 2 (L2) transactions. The implementation of EIP-4844 has reduced L2 costs by tenfold, leading to a record number of transactions.
However, the reduction in the amount of Ethereum being burned has caused ETH to shift from a deflationary to an inflationary state.#Ethereum #DencunUpgrade #L2Transactions #EIP4844 #Blockchain #CryptoFees #ETH
🚀 🔥 Next Week's Macroeconomic Preview: Fed Minutes, CPI Data, and Key Speeches 🔥
#MacroeconomicPreview #FedMinutes #CPIData #Inflation #InterestRates #EconomicIndicators #JoblessClaims #PPI #ConsumerSentiment #FederalReserve
According to Jin10, multiple Federal Reserve officials are scheduled to deliver speeches in the coming week, and the Consumer Price Index (CPI) data may support slowing the pace of interest rate cuts. Investors will focus on the Federal Reserve's meeting minutes, U.S. September inflation data, and other key events. Here are the macroeconomic highlights that the market will closely watch in the new week (all times are in UTC+0):Wednesday, October 116:00 PM: The Federal Reserve releases its monetary policy meeting minutes.Thursday, October 1212:30 PM: Release of the U.S. September Consumer Price Index (CPI) year-over-year and month-over-month data.12:30 PM: Release of the U.S. Initial Jobless Claims for the week ending October 7.Friday, October 1312:30 PM: Release of the U.S. September Producer Price Index (PPI) year-over-year and month-over-month data.2:00 PM: Release of the preliminary University of Michigan Consumer Sentiment Index for October.#MacroeconomicPreview #FedMinutes #CPIData #Inflation #InterestRates #EconomicIndicators #JoblessClaims #PPI #ConsumerSentiment #FederalReserve
🚀 Crypto Companies Raise $823 Million In September
#Crypto #Funding #Investment #DeFi #TokenSales #Ecosystem #Humanode #SybilResistance #Blockchain #September2023 #TIA #TON
According to Blockworks, crypto companies raised a total of $823 million in September, distributed across 200 different companies. Leading the list was Celestia’s ecosystem fundraise of $100 million, followed by Infinex, which raised $65 million through public token sales. Strategic funding, such as Celestia’s, contributed significantly to the total amount, bolstered by TON Foundation’s ecosystem fundraises. However, seed rounds were the most common, with 41 companies securing seed funding last month, according to TIE data.
DeFi companies also saw substantial funding, with 33 companies announcing raises. Despite this, Protocol Development led in terms of total funds raised, accumulating $192 million. As October begins, the funding landscape appears quieter, with only a few token unlocks anticipated later in the month.
In a related development, Humanode has launched an Ecosystem Funding Program worth $10 million, aimed at supporting and nurturing the next generation of Sybil-resistant projects on its chain. The program will initially focus on consumer dapps with the potential to reach one million unique users. Humanode plans to collaborate with selected projects, offering not only funding but also technical, media, and community-building support. The team, including the founders and other core members, will assist these projects throughout the process.
Dato Kavazi, co-founder of Humanode, emphasized the importance of investing in people and projects that understand the value of Sybil-resistance in their dapps. The goal is to support projects that have the drive and potential to make a significant impact in the industry.#Crypto #Funding #Investment #DeFi #TokenSales #Ecosystem #Humanode #SybilResistance #Blockchain #September2023 #TIA #TON
🚀 BNB Surpasses 570 USDT with a 1.44% Increase in 24 Hours
#BNB #USDT #Binance #cryptocurrency #marketdata #trading #priceincrease
On Oct 06, 2024, 23:22 PM(UTC). According to Binance Market Data, BNB has crossed the 570 USDT benchmark and is now trading at 570.5 USDT, with a narrowed 1.44% increase in 24 hours.#BNB #USDT #Binance #cryptocurrency #marketdata #trading #priceincrease
🚀 Bitcoin(BTC) Surpasses 63,000 USDT with a 1.89% Increase in 24 Hours
#Bitcoin #BTC #USDT #cryptocurrency #trading #Binance #marketdata #priceincrease
On Oct 07, 2024, 00:39 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 63,000 USDT benchmark and is now trading at 63,078.75 USDT, with a narrowed 1.89% increase in 24 hours.#Bitcoin #BTC #USDT #cryptocurrency #trading #Binance #marketdata #priceincrease
🚀 Whale Gains $4.36 Million From POPCAT In One Month
#Whale #POPCAT #Profit #Blockchain #Cryptocurrency #Investment #ReturnRate
According to PANews, a whale has made a profit of $4.36 million from POPCAT within a month, achieving a return rate of 106%. Monitoring by Lookonchain revealed that the address purchased 6.11 million POPCAT tokens on September 12 and 13 at a price of $0.68 each. The current value of these tokens has now reached $8.49 million.#Whale #POPCAT #Profit #Blockchain #Cryptocurrency #Investment #ReturnRate
🚀 Hong Kong SFC CEO Discusses Virtual Asset Trading Platform Regulation
#HongKong #SFC #VirtualAssets #Blockchain #Fintech #Regulation #Tokenization #MarketFairness #FinancialInnovation #Cryptocurrency #OTC #CryptoCustody #Web3 #Licensing
According to PANews, Hong Kong Securities and Futures Commission (SFC) CEO Julia Leung stated in a recent interview that the SFC is committed to advancing the regulatory framework for virtual asset trading platforms while maintaining market fairness. Leung emphasized the importance of supporting the tokenization of traditional products and utilizing blockchain and Web3 foundational technologies to foster a responsible and secure fintech ecosystem. She noted that completing the entire framework would take at least until next year.
To lead the financial market transformation, Leung highlighted the need to embrace financial innovation and advance the regulatory system for virtual asset trading platforms. The SFC has issued its third license, and 11 other platforms are currently considered license applicants. These platforms have undergone the first phase of on-site inspections and have been asked to make necessary adjustments. The goal is to make progress by the end of the year, including issuing licenses in batches. Applicants who do not meet the requirements will lose their eligibility, while those who comply will be conditionally licensed.
Regarding cryptocurrency over-the-counter (OTC) services, Leung mentioned that the SFC has sought industry feedback on the new licensing regime for OTC and cryptocurrency custody services. The SFC will continue to advance the regulatory framework for virtual asset trading platforms.#HongKong #SFC #VirtualAssets #Blockchain #Fintech #Regulation #Tokenization #MarketFairness #FinancialInnovation #Cryptocurrency #OTC #CryptoCustody #Web3 #Licensing
🚀 Ethereum(ETH) Surpasses 2,500 USDT with a 3.29% Increase in 24 Hours
#Ethereum #ETH #USDT #cryptocurrency #Binance #marketdata #trading
On Oct 07, 2024, 02:02 AM(UTC). According to Binance Market Data, Ethereum has crossed the 2,500 USDT benchmark and is now trading at 2,501.02002 USDT, with a narrowed 3.29% increase in 24 hours.#Ethereum #ETH #USDT #cryptocurrency #Binance #marketdata #trading
🚀 Standard Chartered Explores Universal Stablecoin Development
#StandardChartered #UniversalStablecoin #HKMA #Stablecoin #DigitalAssets #Fintech
According to PANews, the Hong Kong Monetary Authority (HKMA) announced the list of stablecoin issuer sandbox participants in July, with Standard Chartered being one of the selected entities. Dominic Maffei, the bank's Head of Digital Assets and Fintech, revealed that Standard Chartered is focusing on developing a 'universal stablecoin.' This stablecoin aims to connect various application scenarios, thereby expanding its potential for future development.#StandardChartered #UniversalStablecoin #HKMA #Stablecoin #DigitalAssets #Fintech
🚀 KIP Protocol Partners With NTU I&E x HackQuest MOOC For Web3 Education
#KIPProtocol #Web3 #AI #DecentralizedAI #HackQuest #Education #Partnership #Innovation #Developers #NTUIE #Crypto #Blockchain
According to Odaily, decentralized AI protocol KIP Protocol has announced its strategic partnership with NTU I&E x HackQuest MOOC: Building & Ideating in Web3. Julian Peh, CEO and co-founder of KIP Protocol, will personally conduct a class titled 'Why AI Needs Decentralisation: Retaining Economic Agency in the AI-Powered Future' on October 8 at 10 AM UTC+8. This course and event aim to help students, developers, and educators understand the fundamentals of combining Web3 and AI, and explore their applications across various industries. The course will delve into decentralized AI topics, sharing industry insights and practical experiences. Other instructors include Animoca Brands founder Yat Siu, Arbitrum co-founder Ed Felten, Axelar co-founder Sergey, and Ethereum Foundation's Austin Griffith, among others. Additionally, KIP Protocol plans to make a strategic investment in HackQuest. Both parties will collaborate to advance the Web3 education ecosystem. This partnership will strengthen KIP Protocol's presence in the Web3 education sector and accelerate HackQuest's efforts to bring Web3 education to more schools, developer communities, and entrepreneurial environments worldwide, aiming to cultivate the next generation of Web3 developers and innovators.#KIPProtocol #Web3 #AI #DecentralizedAI #HackQuest #Education #Partnership #Innovation #Developers #NTUIE #Crypto #Blockchain
🚀 Tether Celebrates 10th Anniversary With Documentary Release
#Tether #10thAnniversary #USDT #FinancialInclusion #Documentary #DecentralizedFinance #DigitalDollar #Blockchain #Innovation #FinancialTechnology
According to PANews, Tether CEO Paolo Ardoino announced yesterday that Tether is celebrating its 10th anniversary. Tether was established with the mission of promoting financial inclusion, aiming to assist individuals who are unable to open bank accounts due to low income or living in high-inflation countries. Currently, hundreds of millions of people globally use USDT as a digital dollar in their daily lives, with tens of millions of new wallets being added each quarter.
Tether is committed to building decentralized, resilient, and stable financial technology, expanding its reach into sectors such as telecommunications, artificial intelligence, education, and energy. To commemorate the 10th anniversary of USDT issuance, Tether is set to release a documentary titled 'Stability and Freedom in Chaos.'#Tether #10thAnniversary #USDT #FinancialInclusion #Documentary #DecentralizedFinance #DigitalDollar #Blockchain #Innovation #FinancialTechnology
🚀 Nerio Holdings Increase by $1.8 Million in 24 Hours
#NerioHoldings #Blockchain #Ethereum #Investments #CryptoProfits #SpotOnChain #RektDolphin
According to Odaily, blockchain monitoring service Spot On Chain reported that the Ethereum address rektdolphin.eth has increased its holdings of Nerio by $1.8 million in the past 24 hours, resulting in a floating profit of $334,000. The address has conducted three transactions involving Nerio between August 15 and September 26, yielding a total profit of $824,000, with a success rate of 66.7%.#NerioHoldings #Blockchain #Ethereum #Investments #CryptoProfits #SpotOnChain #RektDolphin
🚀 Arbitrum Foundation Unveils Plan To Boost Presence In Asia Ahead Of Devcon 2024
#Arbitrum #Devcon2024 #Asia #Blockchain #Cryptocurrency #Developers #Community #Bangkok #ApeChain #KoreaBlockchainWeek #ArtScienceMuseum #Singapore #ARB
According to PANews, the Arbitrum Foundation has announced a new initiative titled 'Road to Devcon' aimed at capitalizing on the rapidly growing potential of the Asian market, with a focus on the latter half of 2024.
The foundation emphasized that the Asia-Pacific region will play a crucial role in Arbitrum's international expansion. The region's rapidly growing developer community and increasing adoption of retail cryptocurrencies are key factors driving this initiative. The 'Road to Devcon' plan includes a series of activities leading up to Devcon 2024, which will be held in Bangkok. These activities are part of Arbitrum's broader strategy to strengthen its presence in Asia.
The initiative follows Arbitrum's recent tour of Asia, which featured several significant events. These included the first Arbitrum Night in Tokyo, a collaborative booth with ApeChain, the inaugural high-level roundtable during Korea Blockchain Week, and the first ArbiVerse event at the ArtScience Museum in Singapore. Through these efforts, the Arbitrum Foundation aims to engage more deeply with the Asian market and foster a stronger community of developers and users in the region.#Arbitrum #Devcon2024 #Asia #Blockchain #Cryptocurrency #Developers #Community #Bangkok #ApeChain #KoreaBlockchainWeek #ArtScienceMuseum #Singapore #ARB
🚀 BGB Experiences Sharp Decline, Reports 24-Hour Loss
#BGB #marketdecline #cryptocurrency #USDT #trading
According to Odaily, recent market data indicates that BGB has experienced a significant short-term decline of 40%, currently trading at 0.82 USDT. Over the past 24 hours, BGB has reported a decrease of 20%.#BGB #marketdecline #cryptocurrency #USDT #trading