π Michael Saylor Recommends Holding Bitcoin For Over Four Years
#MichaelSaylor #Bitcoin #HoldBitcoin #Investing #MicroStrategy #BTC
According to Odaily, Michael Saylor, co-founder and executive chairman of MicroStrategy, has advised purchasing Bitcoin and holding it for a minimum of four years.#MichaelSaylor #Bitcoin #HoldBitcoin #Investing #MicroStrategy #BTC
π Bitcoin Mainnet DEX SotSwap to Support Fractal Network
#Bitcoin #SotSwap #FractalNetwork #DEX #cryptocurrency #DeFi #interoperability #trading #BTC #FB
According to Odaily, Bitcoin mainnet decentralized exchange (DEX) SotSwap has announced on the X platform that it will soon support the Fractal network. Additionally, SotSwap plans to introduce a swap feature between FB and BTC.
This development marks a significant step for SotSwap as it expands its network capabilities and trading options. The integration with the Fractal network is expected to enhance the platform's functionality and provide users with more diverse trading opportunities. The introduction of the FB and BTC swap feature aims to facilitate smoother and more efficient transactions between these two cryptocurrencies.
SotSwap's announcement has generated interest within the cryptocurrency community, as it reflects the ongoing efforts to improve interoperability and user experience in the decentralized finance (DeFi) space. The support for the Fractal network and the new swap feature are anticipated to attract more users to the platform, potentially increasing its trading volume and liquidity.#Bitcoin #SotSwap #FractalNetwork #DEX #cryptocurrency #DeFi #interoperability #trading #BTC #FB
π Phantom's Swap Fees on Solana Chain Surpass $30 Million
#Phantom #SwapFees #Solana #Blockchain #Cryptocurrency #Finance #SOL
According to Odaily, Phantom's total swap fees on the Solana chain have exceeded $30 million, reaching $30,854,325. Notably, swap fees generated in August this year amounted to approximately $5 million.#Phantom #SwapFees #Solana #Blockchain #Cryptocurrency #Finance #SOL
π Zilliqa Announces Leadership Change at Web3 Gaming Studio Roll1ng Thund3rz
#Zilliqa #Web3 #Gaming #LeadershipChange #Roll1ngThund3rz #KennyCreanor #ValentinCobelea #GameDevelopment #ZIL
According to Odaily, Zilliqa has announced that Valentin Cobelea, the Chief Technology Officer (CTO) of its Web3 gaming studio Roll1ng Thund3rz, will be stepping down. Kenny Creanor will assume the role of interim leader for the Roll1ng Thund3rz team, continuing to advance the studio's ambitious roadmap for revolutionizing the gaming industry with Web3 technology. Kenny has previously held multiple positions within Roll1ng Thund3rz and Zilliqa, most recently serving as the lead developer. The strategic direction of Roll1ng Thund3rz will remain unchanged, with the company continuing to focus on growth through the development of Web3 gaming projects, such as its free, skill-based shooting game Web3War.#Zilliqa #Web3 #Gaming #LeadershipChange #Roll1ngThund3rz #KennyCreanor #ValentinCobelea #GameDevelopment #ZIL
π Bitcoin Spot ETF Sees Rapid Institutional Adoption
#Bitcoin #ETFs #InstitutionalAdoption #IBIT #13F #SEC #Investment
According to BlockBeats, on September 9, Bloomberg Senior ETF Analyst Eric Balchunas shared on social media that Bitcoin spot ETFs have garnered over 1,000 institutional holders within just two 13F reporting periods. This level of adoption is unprecedented.
Specifically, the IBIT ETF alone has 661 institutional holders, with 20% of its shares held by institutions and large advisors. Balchunas predicts that this proportion could rise to 40% within the next 12 months, highlighting the remarkable nature of this trend.
For context, Form 13F is a document required by the U.S. Securities and Exchange Commission (SEC) from certain institutional investors. Investment management companies with assets exceeding $100 million, including hedge funds, pension funds, and other large investment institutions, must submit this report quarterly to the SEC.#Bitcoin #ETFs #InstitutionalAdoption #IBIT #13F #SEC #Investment
π COTI AI Chatbot Now Available for Developer Community
#COTI #AI #Chatbot #DeveloperCommunity #TechnicalQueries #MPC #EVM #SDK
According to Odaily, COTI has successfully completed the trial phase of its custom AI chatbot and announced its official launch. The chatbot is now accessible through the COTI developer documentation. This AI model has been specifically trained to serve the COTI developer community, providing tailored answers to a wide range of technical queries.
The COTI AI model is composed of various sources, including GitHub repositories, MPC libraries, documentation, EVM technical documents, SDK documentation, and SDK examples. By integrating the most extensive COTI training data, the chatbot can offer customized responses on topics ranging from onboarding and accounts to contracts and dApps.#COTI #AI #Chatbot #DeveloperCommunity #TechnicalQueries #MPC #EVM #SDK
π BBVA Switzerland Enables USDC Management for Clients
#BBVASwitzerland #USDC #DigitalCurrency #Cryptocurrency #FinancialServices #InstitutionalBanking #PrivateBanking #NewGenAccounts #CurrencyExchange
According to BlockBeats, on September 9, BBVA Switzerland announced that its institutional and private banking clients, as well as those with NewGen accounts, can now manage their USDC funds on the same platform they use for traditional investments. Clients can exchange, custody, or automatically convert USDC to euros, dollars, or any fiat currency in near real-time.#BBVASwitzerland #USDC #DigitalCurrency #Cryptocurrency #FinancialServices #InstitutionalBanking #PrivateBanking #NewGenAccounts #CurrencyExchange
π Global Economic Slowdown Expected, Says Saxo Markets Strategist
#GlobalEconomicSlowdown #SaxoMarkets #EconomicForecast #RateCut #FederalReserve #FXStrategy #DovishRhetoric #InterestRates
According to Odaily, Saxo Markets' Global Market Strategist and Head of FX Strategy, Charu Chanana, has indicated that global data clearly points to an economic slowdown. Chanana stated, 'My inclination is a 25 basis point rate cut. As I mentioned, there is no reason to panic. If the Federal Reserve immediately cuts rates by 50 basis points, it might cause some panic.' She added, 'I believe they will use very dovish language and leave room for a 50 basis point rate cut in November or December if necessary. A 25 basis point cut combined with very dovish rhetoric will offset the impact of not cutting 50 basis points now.'#GlobalEconomicSlowdown #SaxoMarkets #EconomicForecast #RateCut #FederalReserve #FXStrategy #DovishRhetoric #InterestRates
π US Commerce Department Proposes Reporting Requirements For AI Developers
#USCommerceDepartment #AI #ArtificialIntelligence #CloudComputing #Cybersecurity #Regulations #ReportingRequirements #TechnologySafety #Cyberattacks #RedTeaming
According to Odaily, the U.S. Department of Commerce announced on Monday a proposal for detailed reporting requirements aimed at advanced artificial intelligence developers and cloud computing providers. The initiative, put forth by the Bureau of Industry and Security, seeks to ensure the safety of technology and its resilience against cyberattacks. The proposal mandates that activities related to the development of 'cutting-edge' AI models and computing clusters must be reported to the federal government. Additionally, it requires the reporting of cybersecurity measures and the outcomes of 'red-teaming' exercises, which involve testing for dangerous capabilities such as aiding cyberattacks or lowering the barriers for non-experts to develop chemical, biological, radiological, or nuclear weapons.#USCommerceDepartment #AI #ArtificialIntelligence #CloudComputing #Cybersecurity #Regulations #ReportingRequirements #TechnologySafety #Cyberattacks #RedTeaming
π Ether.fi To Launch Visa Cash Card In Collaboration With Scroll
#Etherfi #VisaCashCard #Scroll #Layer2 #Ethereum #CryptoAssets #FiatCurrency #Cryptocurrency #Rewards #PreOrder
According to Odaily, Ether.fi is set to introduce a new Visa cash card named 'Ether.fi Cash.' The company has also announced a partnership with Scroll, a Layer 2 network on Ethereum, to bring this credit card to the market. Ether.fi Cash allows users to utilize fiat currency while using crypto assets as collateral, enabling individuals to hold cryptocurrencies and earn rewards during everyday purchases. The card is currently in use within Ether.fi and will start shipping to pre-order customers on September 16.#Etherfi #VisaCashCard #Scroll #Layer2 #Ethereum #CryptoAssets #FiatCurrency #Cryptocurrency #Rewards #PreOrder
π Rabby Wallet Introduces Gas Account for USDT and USDC Transactions
#RabbyWallet #GasAccount #USDT #USDC #CryptoTransactions #Blockchain #GasFees
According to Odaily, Rabby Wallet has announced the launch of its Gas Account feature, which allows users to utilize USDT and USDC for gas fees across all networks without the need to hold native gas tokens. Rabby Wallet explained that the mechanism involves users paying the transaction fee and the equivalent gas fee, after which Rabby Wallet transfers the gas to the user's account and submits the transaction on-chain. Notably, Rabby Wallet does not charge any additional fees for this service.#RabbyWallet #GasAccount #USDT #USDC #CryptoTransactions #Blockchain #GasFees
π Farcaster Founder Dan Romero to Attend FarCon Asia in Singapore
#Farcaster #FarConAsia #DanRomero #Singapore #Web3 #CryptoConference #Blockchain #Innovation #Ecosystem #SocialInteractions
According to BlockBeats, Farcaster founder Dan Romero has confirmed his attendance at FarCon Asia, the first large-scale Farcaster ecosystem offline event in Asia. The event will be held in Singapore and will feature in-depth discussions on the future prospects and opportunities within the Farcaster ecosystem with other notable attendees.
Scheduled for September 16-17, FarCon Asia is organized by Tako Protocol, BlockBeats, and Jam. The event will take place at The Art House, a renowned venue in Singapore. The conference aims to explore and showcase the innovative achievements of the Farcaster ecosystem and the future of Web3 social interactions, challenging the traditional one-way communication format of financial crypto conferences. FarCon Asia is expected to attract over 500 participants, including Farcaster ecosystem builders, active users in Asia, venture capitalists, prominent investors, and experienced researchers.#Farcaster #FarConAsia #DanRomero #Singapore #Web3 #CryptoConference #Blockchain #Innovation #Ecosystem #SocialInteractions
π Snax Chain Integrates With Wormhole Ecosystem To Enhance Cross-Chain Services
#SnaxChain #Wormhole #CrossChain #OracleServices #Interoperability #MultiChainGovernance #SynthetixV3 #GovernanceModule #Voting #NFTs #Layer2
According to Foresight News, Snax Chain is set to integrate with the Wormhole ecosystem to enhance its cross-chain and oracle services. This integration aims to ensure seamless network integration and facilitate multi-chain governance processes. By collaborating with Wormhole, Snax Chain's interoperability will be significantly improved, positioning it as the primary platform for Synthetix V3 governance. The new governance module will utilize cross-chain bridges to synchronize voting, results, and NFTs across all connected networks, ensuring efficient and transparent governance processes.
Snax Chain is a Layer 2 application chain designed to enhance the governance operations of Synthetix.#SnaxChain #Wormhole #CrossChain #OracleServices #Interoperability #MultiChainGovernance #SynthetixV3 #GovernanceModule #Voting #NFTs #Layer2
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π CoinDesk 20 Index Sees Significant Gains Led By AVAX And LINK
#CoinDesk20 #AVAX #LINK #LTC #XRP #cryptocurrency #marketupdate #indexgains #trading
According to CoinDesk, the CoinDesk 20 Index has shown notable performance in its latest market update. The index is currently trading at 1766.89, reflecting a 4.2% increase, or a gain of 71.36 points, since the close of last Friday's trading session. This upward trend is observed in 19 out of the 20 assets included in the index. Leading the gains are AVAX, which has surged by 12.8%, and LINK, which has risen by 10.1%. On the other hand, LTC has experienced a decline of 4.5%, making it the only asset in the index to register a loss. XRP has also shown a modest increase of 2.9%. The CoinDesk 20 Index is a comprehensive index that is traded across multiple platforms and regions worldwide.#CoinDesk20 #AVAX #LINK #LTC #XRP #cryptocurrency #marketupdate #indexgains #trading
π Crypto Industry Expected To Address Real-World Issues In Three Years
#Crypto #Cryptocurrency #Web3 #Investment #VentureCapital #RealWorldSolutions #Entrepreneurs #Funding
According to Odaily, CryptoQuant co-founder Ki Young Ju recently stated on the X platform that investors guide the flow of funds, while entrepreneurs shape the world accordingly. He noted that due to investment mistakes, cryptocurrency and Web3 have been negatively labeled. However, venture capitalists are now funding genuine real-world solutions. In three years, cryptocurrency companies are expected to address real-world problems.#Crypto #Cryptocurrency #Web3 #Investment #VentureCapital #RealWorldSolutions #Entrepreneurs #Funding
π BlackRock IBIT Pre-Market Trading Volume Reaches $10 Million
#BlackRock #IBIT #PreMarket #TradingVolume #Finance #StockMarket
According to Odaily, Trader T disclosed on platform X that BlackRock's IBIT pre-market trading volume today reached $10 million. Of this, 32% were active buy orders, while 47% were active sell orders.#BlackRock #IBIT #PreMarket #TradingVolume #Finance #StockMarket
π Fetch.ai Releases Mobile Wallet Update With New Features
#FetchAI #MobileWallet #Blockchain #Governance #Security #Rebranding #ASIAlliance #UserEngagement #Crypto #FET
According to Odaily, Fetch.ai has announced the release of its mobile wallet version 1.0.2 update on the X platform. This update introduces several new features, including governance proposals, auto-lock, and a new brand image reflecting the recent merger with SingularityNET and Ocean Protocol into the ASI Alliance.
The new version includes a 'governance proposals' feature, allowing users to participate in voting and track proposal history. This enhancement aims to increase user engagement and transparency within the platform. The update also brings an auto-lock feature, enhancing security for users by automatically locking the wallet after a period of inactivity. The rebranding to reflect the ASI Alliance merger signifies a strategic move to unify the platforms and streamline their services under a cohesive identity.#FetchAI #MobileWallet #Blockchain #Governance #Security #Rebranding #ASIAlliance #UserEngagement #Crypto #FET
π Kamala Harris Expected To Win First Debate Against Republican Candidate
#KamalaHarris #Debate #DemocraticCandidate #RepublicanCandidate #USPresidentialDebate #Polls #Victory
According to Odaily, the second U.S. presidential debate, which is also the first involving the incumbent Democratic candidate Kamala Harris, is scheduled to air on ABC on September 10. Polymarket traders are betting that traditional polling organizations will declare Harris the winner of the debate. Additionally, an Ipsos/538 survey indicates a 75% probability that she will be perceived as the victor.#KamalaHarris #Debate #DemocraticCandidate #RepublicanCandidate #USPresidentialDebate #Polls #Victory
π US Stocks Continue Rally With Major Indexes Up 1%
#USStocks #StockMarket #Crypto #Nvidia #MarketRally
According to BlockBeats, on September 9, market data indicates that the rally in U.S. stocks has continued, with all three major indexes rising by 1%. Leading the gains were sectors related to cryptocurrency and Nvidia holdings.#USStocks #StockMarket #Crypto #Nvidia #MarketRally
π Leaked Video Suggests Monero Transactions May Be Traceable
#Monero #XMR #cryptocurrency #privacy #Chainalysis #traceability #anonymity #leak #Cointelegraph #blockchain
According to Cointelegraph, a leaked video from Chainalysis has raised concerns about the traceability of Monero (XMR) transactions, despite the cryptocurrency's reputation for privacy and confidentiality. The video, which has since been deleted, was accidentally leaked and shared by an anonymous source with Cointelegraph. The footage suggests that Chainalysis may have developed methods to track Monero transactions, potentially undermining the privacy features that Monero is known for.
When approached by Cointelegraph for comment, a spokesperson from Chainalysis declined to provide any statements regarding the leak. The video has also resurfaced on Reddit, posted by a user under the pseudonym _It_, who claims that Chainalysis has been tracking Monero transactions since 2021 using its own βmaliciousβ Monero nodes. The user explained that by running a large number of XMR nodes from various geographical locations and ISPs, Chainalysis could capture transaction IP addresses and timestamps. This data, combined with fake βdecoyβ inputs, could potentially reduce the anonymity of Monero transactions.
The implications of this leak are significant, as Monero has marketed itself as a secure and untraceable cryptocurrency. The potential ability of Chainalysis to track Monero transactions could have far-reaching consequences for users who rely on the privacy features of the cryptocurrency. Cointelegraph has also reached out to Monero for comment on the situation.#Monero #XMR #cryptocurrency #privacy #Chainalysis #traceability #anonymity #leak #Cointelegraph #blockchain