🚀 Astar Network Announces Upgrade Utilizing Polkadot SDK
#AstarNetwork #PolkadotSDK #blockchain #crypto #upgrade #ASTRtokens #AgileCoretime #cryptonews
According to PANews, Astar Network has announced on its official X account that it is undergoing an upgrade, leveraging the Polkadot SDK. The network will transition seamlessly to Agile Coretime at the end of its current lease and will purchase block space as needed. This change aims to make it faster, more convenient, and more affordable for projects to join Polkadot and connect to Astar. Additionally, Astar Network mentioned that 350 million ASTR tokens, accounting for 5% of the initial supply, have been destroyed as they are no longer needed for slot auctions with the advent of Agile Coretime.#AstarNetwork #PolkadotSDK #blockchain #crypto #upgrade #ASTRtokens #AgileCoretime #cryptonews
🚀 Solana Meme Project MARU Sees Significant Surge And Charity Donation
#Solana #MARU #MemeProject #Charity #OwnTheDoge #Dogecoin #Philanthropy #AutismSupport #Blockchain #GuinnessWorldRecord
According to Odaily, the Solana-based meme project MARU has experienced a notable increase in value. As of now, MARU is priced at $0.0007475, marking a 24-hour rise of 119%. In addition to this financial surge, MARU has announced a charitable donation to Variety, a project dedicated to supporting children with autism. This philanthropic effort has garnered a response from Own The Doge, the owner of the original Dogecoin prototype.
MARU CAT, the mascot of the project, is a cat that gained fame by achieving a Guinness World Record due to its high view count on a YouTube video. This combination of financial success and charitable activities highlights the diverse impact of the MARU project within the Solana blockchain ecosystem.#Solana #MARU #MemeProject #Charity #OwnTheDoge #Dogecoin #Philanthropy #AutismSupport #Blockchain #GuinnessWorldRecord
🚀 Vitalik.eth Sells 10 Billion MOODENG Tokens, Donates ETH to Charity
#Vitalik #MOODENG #Charity #ETH #Lookonchain #Donation #Cryptocurrency
According to Odaily, Lookonchain monitoring has revealed that vitalik.eth sold 10 billion MOODENG tokens 45 minutes ago, receiving 308.69 ETH in return, valued at approximately $762,000. Out of this, 260.16 ETH, worth around $642,000, was transferred to the charity organization Kanro. Vitalik.eth still holds 40 billion MOODENG tokens, valued at roughly $8 million.#Vitalik #MOODENG #Charity #ETH #Lookonchain #Donation #Cryptocurrency
🚀 Ethereum-Based Meme Coin EBULL Surges Over 2000% In 24 Hours
#Ethereum #MemeCoin #EBULL #VitalikButerin #Crypto #Investment #MarketSurge #Charity #Caution
According to BlockBeats, the Ethereum-based meme coin EBULL has experienced a significant surge of over 2000% in the past 24 hours, with its market capitalization surpassing $17 million. This remarkable increase follows a social media post by Ethereum co-founder Vitalik Buterin, who expressed his gratitude towards meme coin projects that donate a portion of their token supply to charitable organizations. Buterin specifically mentioned that EBULL had made substantial donations to multiple groups last month.
BlockBeats advises users to exercise caution when investing in meme coins, as they typically lack practical use cases. Investors are encouraged to carefully assess the risks associated with such investments.#Ethereum #MemeCoin #EBULL #VitalikButerin #Crypto #Investment #MarketSurge #Charity #Caution
🚀 Moodeng Experiences Significant Price Surge
#Moodeng #Cryptocurrency #VitalikButerin #PriceSurge #CoinMarketCap #USDT
According to Foresight News, the cryptocurrency MOODENG saw a notable price increase, potentially influenced by a tweet from Vitalik Buterin. Data from CoinMarketCap indicates that MOODENG briefly reached 0.00027 USDT before settling at its current price of 0.00018 USDT. This marks a 120% increase within an hour.#Moodeng #Cryptocurrency #VitalikButerin #PriceSurge #CoinMarketCap #USDT
🚀 IBIT Trading Volume Reaches $14 Million Before Market Opens
#IBIT #TradingVolume #BlockBeats #MarketOpening #CryptoTrading
According to BlockBeats, on October 7, monitoring by Trader T revealed that IBIT's trading volume reached $14 million before the market opened today. Of this volume, 30% consisted of active buy orders, while 39% were active sell orders.#IBIT #TradingVolume #BlockBeats #MarketOpening #CryptoTrading
🚀 CoinDesk 20 Index Sees Modest Gains Led By UNI And NEAR
#CoinDesk20 #UNI #NEAR #cryptocurrency #index #gains #APT #RENDER #trading
According to CoinDesk, the CoinDesk 20 Index has shown a modest increase, currently trading at 1955.23, which is up by 1.2% (+22.74) since the previous Friday's close. Out of the 20 assets in the index, eleven are trading higher. Leading the gains are UNI with a 7.9% increase and NEAR with a 5.0% rise. On the other hand, APT and RENDER are the laggards, with declines of 7.2% and 4.7%, respectively. The CoinDesk 20 is a comprehensive index that is traded on multiple platforms across various regions globally.#CoinDesk20 #UNI #NEAR #cryptocurrency #index #gains #APT #RENDER #trading
🚀 Bitcoin(BTC) Surpasses 64,000 USDT with a 2.74% Increase in 24 Hours
#Bitcoin #BTC #USDT #cryptocurrency #Binance #marketdata #investment
On Oct 07, 2024, 14:18 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 64,000 USDT benchmark and is now trading at 64,026.011719 USDT, with a narrowed 2.74% increase in 24 hours.#Bitcoin #BTC #USDT #cryptocurrency #Binance #marketdata #investment
🚀 Ethereum(ETH) Surpasses 2,500 USDT with a 2.78% Increase in 24 Hours
#Ethereum #ETH #USDT #crypto #Binance #marketdata #cryptocurrency #priceincrease
On Oct 07, 2024, 14:19 PM(UTC). According to Binance Market Data, Ethereum has crossed the 2,500 USDT benchmark and is now trading at 2,500.280029 USDT, with a narrowed 2.78% increase in 24 hours.#Ethereum #ETH #USDT #crypto #Binance #marketdata #cryptocurrency #priceincrease
🚀 BNB Surpasses 580 USDT with a 2.89% Increase in 24 Hours
#BNB #580USDT #Cryptocurrency #Binance #MarketData #PriceIncrease
On Oct 07, 2024, 14:23 PM(UTC). According to Binance Market Data, BNB has crossed the 580 USDT benchmark and is now trading at 580.099976 USDT, with a narrowed 2.89% increase in 24 hours.#BNB #580USDT #Cryptocurrency #Binance #MarketData #PriceIncrease
🚀 Global Cryptocurrency Adoption Nears Significant Milestone
#Cryptocurrency #Adoption #GlobalAdoption #FinancialSystem #Blockchain #Matrixport #EconomicUncertainty #NicheMarket #MainstreamFinance
According to BlockBeats, a report from Matrixport reveals that global cryptocurrency adoption is approaching a significant milestone, with 7.51% of the world's population currently using cryptocurrencies. The report anticipates that by 2025, this figure will exceed 8%, indicating a potential shift of cryptocurrencies from a niche market to the mainstream financial system.
The report highlights that the increasing involvement of institutions and economic uncertainty are key factors driving the steady growth in adoption.#Cryptocurrency #Adoption #GlobalAdoption #FinancialSystem #Blockchain #Matrixport #EconomicUncertainty #NicheMarket #MainstreamFinance
🚀 Ethereum Network Gas Fees Rise to 68 Gwei
#Ethereum #GasFees #Gwei #Etherscan #Blockchain
According to BlockBeats, on October 7, Etherscan data revealed that the current gas fees on the Ethereum network have increased to 68 gwei.#Ethereum #GasFees #Gwei #Etherscan #Blockchain
🚀 Adam Back Considered Leading Candidate For Satoshi Nakamoto In HBO Documentary
#AdamBack #SatoshiNakamoto #Bitcoin #HBO #documentary #cryptocurrency #Polymarket
According to BlockBeats, data from prediction market Polymarket on October 7 indicates that Adam Back is now considered the leading candidate for being Satoshi Nakamoto, the mysterious creator of Bitcoin, in an HBO documentary. The probability of Back being Satoshi Nakamoto has risen to 21%, surpassing Len Sassaman, who stands at 20%.#AdamBack #SatoshiNakamoto #Bitcoin #HBO #documentary #cryptocurrency #Polymarket
🚀 Marvin Mars Dog Sees Significant Surge in Value
#MarvinMarsDog #cryptocurrency #MemeProject #surge #valueincrease #USDT #holders
According to Odaily, the Musk-themed Meme project Marvin Mars Dog (7055) has experienced a notable increase in value over the past 24 hours. The cryptocurrency saw a surge of over 60%, with its current price standing at 0.0000136 USDT. Additionally, the number of holders has surpassed 3,643.#MarvinMarsDog #cryptocurrency #MemeProject #surge #valueincrease #USDT #holders
🚀 21Shares Urges ESMA To Standardize Crypto Regulations For UCITS Funds
#21Shares #ESMA #CryptoRegulations #UCITS #Cryptocurrency #Investment #InvestorProtection #EU #MarketStability #FinancialProductDevelopment
According to PANews, on October 7, crypto investment firm 21Shares called on the European Securities and Markets Authority (ESMA) to establish standardized regulatory rules for including cryptocurrencies in Undertakings for Collective Investment in Transferable Securities (UCITS) funds. The company highlighted the current lack of consistency, which has led to confusion among retail and institutional investors across Europe. For instance, Germany and Malta permit UCITS funds to include cryptocurrencies, while Luxembourg and Ireland do not.
Mandy Chiu, Head of Financial Product Development at 21Shares, explained that this fragmented approach limits retail investors' ability to fully leverage cryptocurrencies. She added, 'By providing a consistent set of rules across Europe, ESMA can open new avenues for investors to diversify and enhance their portfolios in a regulated environment designed to protect investors.' Chiu also noted that clear and consistent regulations would help stabilize the market while promoting the growth of the cryptocurrency industry.
As a result, 21Shares is urging ESMA to develop comprehensive guidelines that would allow all EU member states to indirectly invest in cryptocurrencies. According to 21Shares, this would protect investors and broaden the channels for cryptocurrency investment. It is noteworthy that 21Shares' call for regulatory clarity comes as ESMA reviews feedback from its recent consultation on including new asset classes, such as cryptocurrencies, in UCITS funds.#21Shares #ESMA #CryptoRegulations #UCITS #Cryptocurrency #Investment #InvestorProtection #EU #MarketStability #FinancialProductDevelopment
🚀 APRO Oracle Secures $3 Million Seed Funding Led By Polychain And Franklin Templeton
#APROOracle #SeedFunding #Polychain #FranklinTempleton #Bitcoin #DecentralizedOracle #Liquidity #MultiChain #Blockchain
According to BlockBeats, on October 7, the decentralized oracle network APRO Oracle, which operates within the Bitcoin ecosystem, successfully completed a $3 million seed funding round. The funding was led by Polychain, ABCDE, and Franklin Templeton, with participation from CMS Holdings, Comma3 Ventures, UTXO Ventures, Oak Grove Ventures, and Presto Labs. APRO Oracle aims to enhance liquidity within the Bitcoin ecosystem and is currently expanding its services to multiple chains, providing oracle solutions for the broader ecosystem.#APROOracle #SeedFunding #Polychain #FranklinTempleton #Bitcoin #DecentralizedOracle #Liquidity #MultiChain #Blockchain
🚀 Copper Seeks New CEO As Dmitry Tokarev Steps Down
#Copper #CEO #DmitryTokarev #cryptocurrency #custody #leadership #blockchain #digitalassets #financialengineering #ImperialCollege
According to CoinDesk, Copper, a cryptocurrency custody firm, is in the process of interviewing candidates to replace its current CEO, Dmitry Tokarev. Tokarev, who co-founded the company in 2018, is stepping aside from his role as CEO to take on a founder's role within the company. Despite stepping down, Tokarev will remain significantly involved in the business and retains a substantial shareholding in the firm.
The company, which has former U.K. Chancellor Philip Hammond as its chairman, has not commented on the ongoing search for a new CEO. A spokesperson for Copper stated, "We do not comment on market rumours or speculation." This leadership change comes amid other recent executive departures. Last month, Boris Bohrer-Bilowitzki, a founding partner and chief commercial officer, left Copper to become the CEO of blockchain firm Concordium. Additionally, Mike Milner, who served as the global head of revenue for five years, also departed to join Concordium.
Tokarev has led Copper since its inception, guiding the institution-focused digital asset storage firm through its formative years. He holds a degree in Risk Management and Financial Engineering from Imperial College, London. The search for a new CEO marks a significant transition for Copper as it continues to navigate the evolving landscape of digital asset custody.#Copper #CEO #DmitryTokarev #cryptocurrency #custody #leadership #blockchain #digitalassets #financialengineering #ImperialCollege
🚀 BNB Drops Below 570 USDT with a Narrowed 0.53% Increase in 24 Hours
#BNB #USDT #cryptocurrency #marketdata #trading #priceupdate
On Oct 07, 2024, 18:47 PM(UTC). According to Binance Market Data, BNB has dropped below 570 USDT and is now trading at 569.599976 USDT, with a narrowed narrowed 0.53% increase in 24 hours.#BNB #USDT #cryptocurrency #marketdata #trading #priceupdate
🚀 Bitcoin(BTC) Drops Below 63,000 USDT with a Narrowed 0.33% Increase in 24 Hours
#Bitcoin #BTC #Cryptocurrency #MarketData #Binance #USDT #CryptoNews
On Oct 07, 2024, 18:48 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 63,000 USDT and is now trading at 62,892.011719 USDT, with a narrowed narrowed 0.33% increase in 24 hours.#Bitcoin #BTC #Cryptocurrency #MarketData #Binance #USDT #CryptoNews
🚀 Tether Surpasses 350 Million Users Marking Decade Of Growth
#Tether #USDT #stablecoin #cryptocurrency #usergrowth #marketcapitalization #USTreasuries #digitalcurrency #10thanniversary #adoption
According to Cointelegraph, Tether, the company behind the USDT stablecoin, announced on October 7 that it had surpassed 350 million users, just 10 years after its launch in 2014. The stablecoin issuer reported a 24% increase in user count over the past 12 months, indicating that it had approximately 282 million users in October 2023. In 2022, Tether had around 141 million users, showing significant growth in a short period.
While Tether is not the first stablecoin—BitUSD and NuBits hold that distinction—it currently has the highest market capitalization among all stablecoins. According to CoinMarketCap, Tether's market capitalization stands at $119.6 billion. Tether's substantial holdings of U.S. Treasuries further strengthen the dollar's global influence, solidifying USD₮ as a trusted digital representation of the world's reserve currency. As of its Q2 2024 Attestation, Tether had direct and indirect exposure to over $97 billion in U.S. Treasuries, making it one of the top 20 largest buyers of U.S. Treasury bills, surpassing countries like Germany, the United Arab Emirates, and Australia.
Cointelegraph also reported that Tether is celebrating its 10th anniversary and will soon launch a documentary about its journey over the past decade, featuring interviews with people whose lives have been affected by the stablecoin. The majority of Tether's 350 million users appear to have joined in the past few years, indicating accelerating adoption rates. To put this milestone into perspective, a AAA study from 2024 estimated there are more than 560 million cryptocurrency users worldwide, while the 2023 AAA report showed around 420 million users globally.#Tether #USDT #stablecoin #cryptocurrency #usergrowth #marketcapitalization #USTreasuries #digitalcurrency #10thanniversary #adoption