🚀 Aevo Launches Polygon Perpetual Contracts
#Aevo #Polygon #PerpetualContracts #Cryptocurrency #Trading #Derivatives
According to Foresight News, derivatives trading platform Aevo has announced the launch of Polygon (POL) perpetual contracts. This new offering aims to provide traders with more options and flexibility in their trading strategies. The introduction of these perpetual contracts is expected to enhance the platform's appeal to a broader range of users, particularly those interested in Polygon's ecosystem. Aevo's move to include Polygon perpetual contracts reflects the growing interest and adoption of Polygon in the cryptocurrency market.#Aevo #Polygon #PerpetualContracts #Cryptocurrency #Trading #Derivatives
🚀 Bitwise Analyst Highlights Bitcoin Supply Shortage
#Bitcoin #SupplyShortage #Bitwise #Cryptocurrency #ETFs #DeFi #Blockchain #Mining #BTC
According to BlockBeats, on September 6, Bitwise's Head of European Research, André Dragosch, shared insights on social media regarding the current state of Bitcoin supply. Dragosch emphasized that corporate purchasing alone has nearly absorbed all newly mined Bitcoin. Annually, approximately 164,000 BTC are mined. He pointed out that this figure does not account for the demand from other significant buyers such as ETFs, governments, trading platforms, and DeFi. Dragosch concluded that the shortage of Bitcoin supply is more severe than most people realize.#Bitcoin #SupplyShortage #Bitwise #Cryptocurrency #ETFs #DeFi #Blockchain #Mining #BTC
🚀 Bitcoin's September Performance May Surpass Expectations, Says Tyr Capital CIO
#Bitcoin #BTC #SeptemberPerformance #TyrCapital #EdHindi #Finance #Investing #CryptoMarket #FederalReserve #USEconomy
According to BlockBeats, on September 6, Tyr Capital's Chief Investment Officer Ed Hindi shared insights in an interview with Cointelegraph. Despite September historically being a challenging month for Bitcoin (BTC), Hindi suggested that a combination of Federal Reserve rate cuts and a relatively strong U.S. economy could surprise bearish investors. He believes that the likelihood of BTC stabilizing above $60,000 this month is higher than it falling below that threshold.#Bitcoin #BTC #SeptemberPerformance #TyrCapital #EdHindi #Finance #Investing #CryptoMarket #FederalReserve #USEconomy
🚀 Ethereum Foundation Transfers 1000 ETH to Multisig Wallet
#EthereumFoundation #ETH #MultisigWallet #BlockBeats #DAI
According to BlockBeats, on September 6, Lookonchain monitoring revealed that the Ethereum Foundation transferred 1000 ETH to a multisig wallet starting with 0xbC9a approximately 15 minutes ago. Based on previous transaction patterns, it is anticipated that this multisig wallet will transfer the ETH to another wallet starting with 0xd779 and subsequently convert it into DAI.#EthereumFoundation #ETH #MultisigWallet #BlockBeats #DAI
🚀 DataDAO Pre-Mining Phase Set to Launch Soon
#DataDAO #PreMining #Vana #Paradigm #DataCapital #Volara #Twitter #Tokens #Telegram
According to BlockBeats, the data AI platform Vana, supported by Paradigm, announced on September 6 that the pre-mining phase of DataDAO is about to go live.
User interactions on Twitter signify the creation of data capital for the platform. Volara, a subsidiary of Vana, aims to help users recapture this data capital by converting their tweets into tokens.
The pre-mining challenge can be initiated within Vana's Telegram application, allowing users to secure a leading position in DataDAO.#DataDAO #PreMining #Vana #Paradigm #DataCapital #Volara #Twitter #Tokens #Telegram
🚀 Catizen Token Countdown Begins With Significant Pre-Launch Trading Volume
#Catizen #CATI #TokenLaunch #PreLaunch #TradingVolume #Blockchain #Cryptocurrency #CryptoCommunity #UserBase #Telegram #Revenue #Ecosystem
According to BlockBeats, on September 6, Catizen (CATI) entered the final 15-day countdown before its official token launch. In the past 24 hours, pre-launch trading volume across various platforms has exceeded $260,000.
Catizen currently boasts a total user base of over 33 million, with more than 2 million on-chain users. The number of Telegram Premium users has surpassed 2.2 million. Additionally, the ecosystem's application center has generated total revenue exceeding $20 million, with a paying user base of over 750,000.#Catizen #CATI #TokenLaunch #PreLaunch #TradingVolume #Blockchain #Cryptocurrency #CryptoCommunity #UserBase #Telegram #Revenue #Ecosystem
🚀 XION To Introduce Chain Abstraction To Real-World Assets
#XION #ChainAbstraction #RealWorldAssets #PlumeNetwork #Solana #BNBChain #AVAX #SAGA #Injective #Neutron #MultiversX #RWAMarket #Liquidity
According to Foresight News, L1 network XION has announced its plan to introduce chain abstraction to real-world assets (RWA) through the Plume Network. XION has been rapidly expanding its chain abstraction solutions across several major networks, including Solana, BNB Chain, AVAX, SAGA, Injective, Neutron, and MultiversX. This collaboration aims to simplify access to various RWAs, thereby bringing more users and liquidity to the RWA market.#XION #ChainAbstraction #RealWorldAssets #PlumeNetwork #Solana #BNBChain #AVAX #SAGA #Injective #Neutron #MultiversX #RWAMarket #Liquidity
🚀 InterSwap Launches Public Testnet Supported By Axelar
#InterSwap #Axelar #Testnet #CrossChain #AMM #Cryptocurrency #Blockchain #AXL
According to BlockBeats, on September 6, the cross-chain protocol InterSwap, supported by Axelar (AXL), announced the launch of its public testnet.
InterSwap is the first fully composable native asset cross-chain Automated Market Maker (AMM). The cross-chain process does not rely on wrapped assets, bridge tokens, or intermediary protocols. Users can create cross-chain pools using native tokens or ERC20 tokens.#InterSwap #Axelar #Testnet #CrossChain #AMM #Cryptocurrency #Blockchain #AXL
🚀 Penpie Offers Bounty For Information On Recent Hack
#Penpie #hack #bounty #DeFi #crypto #Pendle #stolenassets #recoveredfunds
According to Odaily, Penpie has announced on Platform X that it is offering a bounty of up to 10% of the recovered funds to any individual or group providing reliable information to identify the attackers and recover the stolen assets. Previously, it was reported that the DeFi protocol Penpie, built on Pendle, was hacked, resulting in the theft of approximately $27 million in crypto assets.#Penpie #hack #bounty #DeFi #crypto #Pendle #stolenassets #recoveredfunds
🚀 Majority Of TON Holders Face Losses Amid Current Market Conditions
#TON #cryptocurrency #marketconditions #investmentlosses #blockchain #hodl #crypto
According to BlockBeats, data from IntoTheBlock on September 6 reveals that only 9% of TON holders are currently in a profitable position at the current price of $4.63. A significant 86% of holders are experiencing unrealized losses, while 5% are breaking even.
Additionally, only 5% of TON wallets have held the cryptocurrency for over a year. In contrast, 62% of wallets have held TON for less than a year, and 33% have held it for less than a month.#TON #cryptocurrency #marketconditions #investmentlosses #blockchain #hodl #crypto
🚀 BNB Drops Below 500 USDT with a 1.46% Decrease in 24 Hours
#BNB #USDT #Binance #Cryptocurrency #MarketData #PriceDrop
On Sep 06, 2024, 07:23 AM(UTC). According to Binance Market Data, BNB has dropped below 500 USDT and is now trading at 499.799988 USDT, with a narrowed 1.46% decrease in 24 hours.#BNB #USDT #Binance #Cryptocurrency #MarketData #PriceDrop
🚀 BTC And ETH Options Set To Expire With Significant Market Impact
#BTC #ETH #OptionsExpiration #Cryptocurrency #MarketImpact #PutCallRatio #ImpliedVolatility #BullMarket #CryptoTrading #MarketWeakness
According to BlockBeats, on September 6, Greeks.live researcher Adam shared data on today's options expiration on social media. A total of 14,000 BTC options are set to expire, with a Put Call Ratio of 0.81 and a maximum pain point of $59,000, amounting to a nominal value of $760 million. Additionally, 125,000 ETH options are due to expire, with a Put Call Ratio of 0.63 and a maximum pain point of $2,500, totaling a nominal value of $290 million.
This week, the cryptocurrency market has experienced a consistent decline. The options data clearly reflects the overall market weakness, with the recent maximum pain points failing to keep pace with the falling prices. The implied volatility (IV) for major terms has increased. As the U.S. election approaches, the IV spike for October 8 is gradually being smoothed out. Historical trading data mentioned last week indicates that September is usually slightly subdued. However, the market appears to be overly pessimistic, and there is a belief that a bull market could emerge by the end of the year.#BTC #ETH #OptionsExpiration #Cryptocurrency #MarketImpact #PutCallRatio #ImpliedVolatility #BullMarket #CryptoTrading #MarketWeakness
🚀 Lorenzo And dappOS Partner To Enhance User Flexibility And Earnings
#Lorenzo #dappOS #BTC #Babylon #decentralized #noncustodial #intentETH #DEX #CEX #liquidity #annualinterest
According to Odaily, Lorenzo has entered into a partnership with dappOS, enabling users holding intent BTC assets to automatically receive various returns from Lorenzo while maintaining usage flexibility. This collaboration is expected to bring more users to the Babylon ecosystem, as Lorenzo is a project built within it.
The intent assets of dappOS, under a decentralized and non-custodial framework, allow users to earn returns while seamlessly using the assets on-chain as if they were native. For instance, intentETH can be directly used in decentralized exchanges (DEX) to add liquidity to ETH/USDT pairs or be deposited as ETH into centralized exchanges (CEX), all while generating an annual interest rate of 6-12% in real-time.#Lorenzo #dappOS #BTC #Babylon #decentralized #noncustodial #intentETH #DEX #CEX #liquidity #annualinterest
🚀 Top Phishing Groups Target EVM, TON, and Tron Ecosystems
#Phishing #EVM #TON #Tron #CyberSecurity #Blockchain #Cryptocurrency #SlowMist #TRX
According to Odaily, SlowMist founder Yu Jian recently posted on the X platform, highlighting that leading phishing groups are currently focusing on the EVM, TON, and Tron ecosystems. He advised users to take a moment to pause and think for three seconds before signing any transactions.#Phishing #EVM #TON #Tron #CyberSecurity #Blockchain #Cryptocurrency #SlowMist #TRX
🚀 ZenAcademy Founder Questions End Of Bull Market
#ZenAcademy #BullMarket #Bitcoin #Ethereum #Solana #Cryptocurrency #Zeneca
According to Odaily, ZenAcademy and The 333 Club founder Zeneca recently posted on the X platform, suggesting that the bull market might be over. Zeneca stated, 'The bull market might already be over. I don't think it is, but it could be. You should have a plan just in case.' He posed a hypothetical scenario where Bitcoin could drop to $18,000, Ethereum to $900, and Solana to $28 over the next year, asking if people are prepared for such outcomes.#ZenAcademy #BullMarket #Bitcoin #Ethereum #Solana #Cryptocurrency #Zeneca
🚀 X Agrees To EU Data Compliance, Ends Investigation
#EUdata #dataCompliance #DPC #Grok #GDPR #socialMedia #Xplatform #ElonMusk #Brazil #VPN #dataProtection #rights #regulations #AI #investigation
According to Cointelegraph, the investigation into social media platform X has concluded after the platform agreed to meet the compliance requirements set by the European Data Protection Commission (DPC). On September 4, X agreed to cease using personal data from users located within the European Union and European Economic Area (EEA) for training its artificial intelligence chatbot Grok. The company behind X’s operations, Twitter International Unlimited Company, will erase previous data from May 7 to August 1 and will not collect any further data for developing, enhancing, or training Grok. The DPC filed the initial complaint, citing a risk to the “fundamental rights and freedoms of individuals.” This was the first time the EU data watchdog had to take such action under Section 134 of the 2018 Data Protection Act. DPC Commissioner Des Hogan welcomed the outcome, stating it protects the rights of EU/EEA citizens. He emphasized the DPC’s role in ensuring the best outcome for data subjects and its commitment to taking appropriate action where necessary. Prior to accepting the conditions, Twitter International rejected the DPC’s allegations, claiming compliance with the EU’s GDPR requirements and referring to the orders as “draconian.” However, since X agreed to the measures, the case has been dismissed. The case against the DPC is not the only battle X is currently facing. On August 30, regulators in Brazil suspended the platform after Elon Musk, the platform’s owner, refused to name a legal representative for the firm in the country. The Brazilian Supreme Court upheld the decision on September 2 in a unanimous decision made by five justices. Musk has hinted to X users in Brazil that they should defy the judge’s ruling against using VPNs to access the platform despite potential fines. He has also previously spoken out against Brazilian Supreme Court judge Alexandre de Moraes, accusing him of being “evil” and a “dictator” for allegedly engaging in “illegal political censorship” on X.#EUdata #dataCompliance #DPC #Grok #GDPR #socialMedia #Xplatform #ElonMusk #Brazil #VPN #dataProtection #rights #regulations #AI #investigation
🚀 🔥 Binance Kazakhstan Secures Consent for Full Regulatory License from AFSA 🔥
#Binance #Kazakhstan #AFSA #regulatorylicense #DigitalAssetTrading #DATF #financialservices #virtualassets #compliance #security #operationalexcellence #digitalassetecosystem
Binance Kazakhstan has received formal consent from the Astana Financial Services Authority (AFSA) for a full regulatory license, marking a significant milestone in its journey to become the first fully regulated Digital Asset Trading Facility (DATF) in the country.Key Highlights:Regulatory Approval: Binance Kazakhstan has successfully passed a comprehensive, multi-stage review process, including external financial audits, ISO certifications, and both internal and external audits.Regulatory Oversight: The AFSA, which governs financial and non-financial services within the Astana International Financial Centre (AIFC), conducted a thorough evaluation to ensure compliance with the highest regulatory standards.Next Steps: Once the full license is granted, Binance Kazakhstan will be authorized to operate a virtual assets trading facility, engage in principal investment dealings, and offer custody services for virtual assets.Binance’s Head of Regional Markets, Vishal Sacheendran, expressed excitement about the pre-approval, emphasizing Binance's commitment to compliance, security, and operational excellence. With this full license, Binance Kazakhstan aims to enhance its offerings and significantly contribute to the growth and development of the local digital asset ecosystem.#Binance #Kazakhstan #AFSA #regulatorylicense #DigitalAssetTrading #DATF #financialservices #virtualassets #compliance #security #operationalexcellence #digitalassetecosystem
🚀 🔥 Binance Research: Crypto Market Recovers from Flash Crash with Strong NFT and DeFi Growth in August 2024 🔥
#BinanceResearch #CryptoMarket #NFT #DeFi #MarketRecovery #FlashCrash #Cryptocurrency #USRateCut #GDPgrowth #TRX #BNB #ETH #TVL #Sui #Symbiotic #SUN #SUI
The latest Binance Research report provides an overview of key developments in the cryptocurrency market throughout August 2024. Despite a 13.1% drop in total market capitalization, the market showed strong resilience with notable growth in the NFT and DeFi sectors. Expectations for a potential U.S. rate cut and better-than-expected GDP growth boosted market recovery towards the end of the month.Crypto Market Performance (August 2024)The cryptocurrency market experienced significant turbulence in August 2024, with a 13.1% drop in total market capitalization, driven by global macroeconomic concerns, including weak U.S. unemployment data and a rate hike by the Bank of Japan. The flash crash led to over $819 million in liquidations. Despite the downturn, expectations of a September rate cut and a stronger-than-expected U.S. GDP growth (3%) led to a gradual market rebound.Notable Performances:TRX outperformed with a 19.5% gain, fueled by the SunPump memecoin launchpad.BNB remained relatively stable, with only a 9.1% decline, supported by increased interest in BNB Chain's Meme Coin Innovation Battle.ETH saw a 24.9% decline due to reduced on-chain activity and liquidations.Decentralized Finance (DeFi) GrowthThe DeFi market saw a 15.8% drop in TVL in August, yet key projects like Sui and Symbiotic showed impressive growth, reflecting ongoing innovation in the sector. Sui recorded a 35.63% increase in TVL due to new developments like the Grayscale Sui Trust.Key Highlights:Symbiotic gained 38.1% in TVL due to asset expansion, driving increased deposits.SUN surged by 42.4% in TVL, with the SunPump launchpad attracting significant trader interest.#BinanceResearch #CryptoMarket #NFT #DeFi #MarketRecovery #FlashCrash #Cryptocurrency #USRateCut #GDPgrowth #TRX #BNB #ETH #TVL #Sui #Symbiotic #SUN #SUI
🚀 Reentrancy Attacks Lead To $30 Million Losses In 2024
#ReentrancyAttacks #BlockchainSecurity #CryptocurrencyLosses #Penpie #Certik #2024 #Cybersecurity
According to Foresight News, data from Certik reveals that since the beginning of 2024, there have been eight reentrancy attacks, resulting in a total loss of approximately $30 million. Among these incidents, Penpie stands out as the largest reentrancy attack of 2024. It is also the third-largest reentrancy attack since January 2021, following the Grim Finance attack in December 2021, which resulted in a loss of around $40 million, and the Vyper vulnerability incident in July 2023, which caused losses of approximately $52 million.#ReentrancyAttacks #BlockchainSecurity #CryptocurrencyLosses #Penpie #Certik #2024 #Cybersecurity
🚀 Tron Community Plans To Reduce Network Transaction Fees
#Tron #TransactionFees #JustinSun #Blockchain #Crypto #Sunpump #Sunswap #DeFi #TRX
According to BlockBeats, on September 6, Justin Sun announced on X that the TRON community's super representatives plan to continue reducing network transaction fees. A specific proposal is expected to be submitted next week, which will significantly lower the transaction fees for Sunpump and Sunswap.#Tron #TransactionFees #JustinSun #Blockchain #Crypto #Sunpump #Sunswap #DeFi #TRX