🚀 Aave Labs Re-Enables Collateral Repayment Feature in Aave V3 Market
#Aave #AaveV3 #CollateralRepayment #DeFi #Blockchain #AAVE
According to Odaily, Aave Labs has announced on social media that the collateral repayment feature in the Aave v3 market has been re-enabled.#Aave #AaveV3 #CollateralRepayment #DeFi #Blockchain #AAVE
🚀 MagicEden Leads NFT Market With Over $120 Million In August Transactions
#MagicEden #NFT #transactions #marketshare #Blur #OpenSea #August #CoinGecko #Odaily #BLUR
According to Odaily, a report from CoinGecko reveals that MagicEden topped the NFT market in August with a transaction volume exceeding $120 million, capturing a market share of 36.7%. This positions MagicEden as the leading platform in the NFT space for the month.
Blur, which held a market share of 35.4% at the beginning of the year, saw its share decrease to 25.4% in August. The platform's transaction volume for the month dropped to $84.69 million, placing it second in the rankings.
OpenSea secured the third position with a market share of 19.9% and a transaction volume of $66.52 million in August. The report highlights the shifting dynamics within the NFT marketplace, with MagicEden emerging as the dominant player.#MagicEden #NFT #transactions #marketshare #Blur #OpenSea #August #CoinGecko #Odaily #BLUR
🚀 Tron, Tether, And TRM Labs Form T3 Financial Crime Unit
#Tron #Tether #TRMLabs #T3FCU #FinancialCrime #Blockchain #Cryptocurrency #TRX
According to Foresight News, Tron, Tether, and blockchain intelligence firm TRM Labs have jointly announced the establishment of the T3 Financial Crime Unit (T3 FCU). This initiative aims to combat financial crimes through public-private collaboration, focusing on purifying the Tron network and addressing the illegal use of USDT.#Tron #Tether #TRMLabs #T3FCU #FinancialCrime #Blockchain #Cryptocurrency #TRX
🚀 DYdX Community Proposes $5 Million Token Distribution in Season Six Incentive Plan
#dYdX #DYDX #token #distribution #incentiveplan #cryptocurrency #trading
According to BlockBeats, on September 10, the dYdX community initiated a proposal to distribute DYDX tokens worth $5 million to traders as part of the Season Six incentive plan. The proposal is currently open for voting.#dYdX #DYDX #token #distribution #incentiveplan #cryptocurrency #trading
🚀 Band Protocol Launches Band V3 With Key Improvements
#BandProtocol #BandV3 #DecentralizedOracle #ForesightNews #Crypto #Blockchain #PriceFeeds #DataTunnels #DevUX #Security #BAND
According to Foresight News, decentralized oracle project Band Protocol has announced the release of Band v3. The code for this new version will be rolled out in multiple phases, with the public development network expected to be available in a few months. Band v3 comprises three key components: Signal Center, Concurrent Price Feeds, and Data Tunnels. Compared to its predecessor, Band v3 introduces several significant enhancements, including free access to open price data, easy integration through a new DevUX, and heightened security.#BandProtocol #BandV3 #DecentralizedOracle #ForesightNews #Crypto #Blockchain #PriceFeeds #DataTunnels #DevUX #Security #BAND
🚀 Bitmap Price Surges on Merlin Chain with Significant Premium
#Bitmap #MerlinChain #Bitcoin #Layer2 #MerlinSwap #MagicEden #CryptoTrading #TradingVolume #WhaleActivity
According to BlockBeats, on September 10, the price of Bitmap on the Bitcoin Layer 2 network Merlin Chain reached $36.39, reflecting a 14.2% premium compared to its price of $31.85 on Bitcoin Layer 1.
Over the past seven days, Bitmap's trading volume on the decentralized exchange MerlinSwap on Merlin Chain surpassed $464,000, while on Magic Eden, it was only $88,000. This significant difference highlights the growing preference for trading Bitmap on Merlin Chain.
Additionally, the largest whale holding Bitmap has sold over 13,200 Bitmap on MerlinSwap, exchanging them for 12 Bitcoins, valued at over $680,000. This substantial transaction underscores the active trading and liquidity of Bitmap on Merlin Chain.#Bitmap #MerlinChain #Bitcoin #Layer2 #MerlinSwap #MagicEden #CryptoTrading #TradingVolume #WhaleActivity
🚀 Magic Eden Futures Surge Over 50% in 24 Hours
#MagicEden #futures #surge #trading #cryptocurrency #WhalesMarket #increase #volume
According to BlockBeats, on September 10, data from Whales Market indicated that Magic Eden (ME) futures briefly surpassed $0.2, currently trading at $0.1999. This marks a significant increase of over 50% within the past 24 hours, with a trading volume of $840,000.#MagicEden #futures #surge #trading #cryptocurrency #WhalesMarket #increase #volume
🚀 GoPlus Unveils Web3 Security Layer Plan at KBW2024
#GoPlus #Web3 #KoreaBlockchainWeek #KBW2024 #EigenLayer #AVS #CryptoSecurity #Blockchain #Innovation #Decentralization
According to BlockBeats, on September 10, Web3 user security network GoPlus announced its participation in the Korea Blockchain Week (KBW2024). During the event, GoPlus revealed its plan to develop a modular user security layer for Web3 based on EigenLayer's Actively Validated Services (AVS). The initiative aims to provide a comprehensive, real-time, dynamic security firewall for users' crypto assets, operating 24/7. This project marks the first application of AVS in the security domain and the first provider to decentralize the entire process from data to computation.
In addition to the announcement, GoPlus co-hosted a forum at KBW2024 with EigenLayer, Altlayer, Solv Protocol, Story Protocol, Dodo Chain, and Nuffle Labs. The forum focused on the innovation and evolution of AVS, as well as infrastructure and security themes.#GoPlus #Web3 #KoreaBlockchainWeek #KBW2024 #EigenLayer #AVS #CryptoSecurity #Blockchain #Innovation #Decentralization
🚀 Lombard Reports Significant Growth In eBTC TVL
#Lombard #eBTC #TVL #etherfi #LBTC #EigenLayer #Symbiotic #KarakNetwork #wBTC
According to Odaily, Lombard has announced a substantial increase in the total value locked (TVL) of ether.fi's eBTC since its relaunch with LBTC last week. The TVL has surged from $38 million to $61 million, marking an increase of over 60%. To optimize re-staking benefits on platforms such as EigenLayer, Symbiotic, and Karak Network, all wBTC will be converted to LBTC starting from Wednesday, September 11.#Lombard #eBTC #TVL #etherfi #LBTC #EigenLayer #Symbiotic #KarakNetwork #wBTC
🚀 Bitcoin Repledging Protocol Lombard To Convert wBTC To LBTC
#Bitcoin #wBTC #LBTC #repledging #EigenLayer #Symbiotic #KarakNetwork #TVL #etherfi #eBTC
According to Foresight News, Bitcoin repledging protocol Lombard has announced that starting from September 11, all wBTC will be converted to LBTC. This move aims to maximize repledging benefits on platforms such as EigenLayer, Symbiotic, and Karak Network. The protocol's decision is expected to enhance the efficiency and returns of repledging activities across these platforms.
Additionally, Lombard highlighted that since the relaunch of LBTC last week, the total value locked (TVL) of ether.fi's eBTC has surged from $38 million to $61 million, marking an increase of over 60%. This significant growth reflects the rising interest and confidence in the repledging protocol and its associated platforms.#Bitcoin #wBTC #LBTC #repledging #EigenLayer #Symbiotic #KarakNetwork #TVL #etherfi #eBTC
🚀 Bitcoin Cross-Chain Liquidity Staking Platform Lombard Announces Growth in eBTC
#Bitcoin #Lombard #eBTC #liquidity #staking #crosschain #EigenLayer #Symbiotic #Karak #wBTC #LBTC
According to BlockBeats, on September 10, Bitcoin cross-chain liquidity staking platform Lombard announced that ether.fi's eBTC has grown from $38 million to $61 million since its relaunch with LBTC last week.
To maximize restaking on EigenLayer, Symbiotic, and Karak, all wBTC will be converted to LBTC starting September 11.#Bitcoin #Lombard #eBTC #liquidity #staking #crosschain #EigenLayer #Symbiotic #Karak #wBTC #LBTC
🚀 Core Scientific CEO Predicts Exponential Growth Through AI Data Center Services
#CoreScientific #AIDataCenters #BitcoinMining #ExponentialGrowth #Investment #CoreWeave #Blockchain #Hyperscaler #Bankruptcy #RevenueGrowth #Ethereum
According to BlockBeats, on September 10, Core Scientific CEO Sullivan stated in an interview with analysts that Bitcoin miners could achieve exponential growth in the coming years through the company's AI data center services.
However, this growth depends on the company's ability to demonstrate its capacity to deliver gigawatt-level AI data centers to clients beyond its initial customer, CoreWeave. Sullivan remarked, 'Securing additional contracts of 500MW or 1GW in the coming years could transform us from a $2.5 billion company to one valued between $25 billion and $30 billion.' Sullivan, a former investment banker, joined the company in April 2023, during the Chapter 11 bankruptcy proceedings, which began four months earlier following a significant drop in Bitcoin prices during the 2022 bear market and a surge in energy costs.
After successfully emerging from bankruptcy in January this year, Core Scientific signed a 12-year agreement with AI Hyperscaler CoreWeave, potentially generating up to $3.5 billion in total revenue. Sullivan noted that Core Scientific had previously collaborated with CoreWeave on Ethereum GPU mining before transitioning to a proof-of-stake consensus mechanism. The companies resumed discussions about potential conversions towards the end of 2023.#CoreScientific #AIDataCenters #BitcoinMining #ExponentialGrowth #Investment #CoreWeave #Blockchain #Hyperscaler #Bankruptcy #RevenueGrowth #Ethereum
🚀 Jupiter Co-Founder Comments On NX Token Presale Issues
#Jupiter #NXToken #Presale #Tokenomics #Cryptocurrency #Launchpool #Innovation #JUP
According to Odaily, Jupiter's co-founder Meow addressed the recent controversy surrounding the NX token presale on the X platform. Meow highlighted the need for corrections in the token presale process, stating that the current standards are detrimental to industry alignment. He further explained that this issue is why Jupiter chose not to conduct a presale for their JUP token but instead opted to innovate with a launchpool model.#Jupiter #NXToken #Presale #Tokenomics #Cryptocurrency #Launchpool #Innovation #JUP
🚀 Nansen Acquires StakeWithUs To Expand Token Staking Services
#Nansen #StakeWithUs #TokenStaking #Blockchain #Crypto #InvestmentServices #NonCustodialStaking #BlockchainEcosystems #Berachain #EVM #SOL #SUI #OSMO
According to CoinDesk, blockchain data provider Nansen has acquired staking platform StakeWithUs in a move to diversify its offerings beyond data provision. The acquisition, which cost over $1 million, marks Nansen's first venture into investment services for both institutional and retail traders.
StakeWithUs, supported by the Singapore government's SGinnovate program, offers staking services across multiple blockchains. Following the acquisition, Nansen will provide non-custodial staking for over 20 assets, including SOL, SUI, OSMO, and ATOM. This integration aims to enhance Nansen's service offerings and support for various blockchain ecosystems.
Staking is a process where participants lock away their tokens to help verify new blocks of data on a blockchain, receiving additional tokens as a reward. Nansen's CEO, Alex Svanevik, stated that enabling staking within Nansen not only broadens their service range but also strengthens their support for integrated blockchain ecosystems.
Additionally, Nansen plans to incorporate new blockchains into its platform, including Berachain, a new layer 1 system compatible with the Ethereum Virtual Machine (EVM). Nansen will be among the first validators on Berachain's mainnet, marking its initial step into blockchain transaction validation.#Nansen #StakeWithUs #TokenStaking #Blockchain #Crypto #InvestmentServices #NonCustodialStaking #BlockchainEcosystems #Berachain #EVM #SOL #SUI #OSMO
🚀 Crypto Adoption Steady In US And UK Despite Challenges
#CryptoAdoption #Cryptocurrency #DigitalAssets #Investment #RegulatoryConcerns #ETFs #MarketGrowth #GenderGap #USUK #2024Election
According to CoinDesk, crypto adoption has remained steady in the U.S. and the U.K. over the past two years, as detailed in Gemini's '2024 Global State of Crypto' report released on Tuesday. The report, based on a survey of 6,000 individuals from the U.S., U.K., France, Singapore, and Turkey conducted online between May 23 and June 28, highlights the resilience of the crypto market despite significant challenges.
The survey revealed that crypto adoption in the U.S. and the U.K. remained unchanged from 2022 to 2024, at 21% and 18% respectively. In France, digital asset ownership increased from 16% to 18%, while in Singapore, it decreased from 30% to 26%. The report also noted that 65% of respondents held crypto for its long-term investment potential, and 38% viewed it as a hedge against inflation.
Regulatory concerns continue to be a significant barrier to crypto ownership. In the U.S. and the U.K., 38% of non-crypto owners cited regulatory issues as a reason for not investing, while in France, this figure was 32%. In Singapore, nearly half of the respondents expressed concerns about regulations. Despite these challenges, spot exchange-traded funds (ETFs) have contributed to market growth, with 37% of U.S. holders owning crypto through an ETF.
The report also highlighted that the majority of crypto holders intend to allocate 5% or more of their portfolio to digital assets. However, the gender gap in crypto ownership has widened slightly, with 69% of holders identifying as male and 31% as female in 2024. Additionally, 73% of U.S. crypto holders indicated that they would consider a candidate's stance on digital assets when voting in the upcoming presidential election in November.#CryptoAdoption #Cryptocurrency #DigitalAssets #Investment #RegulatoryConcerns #ETFs #MarketGrowth #GenderGap #USUK #2024Election
🚀 ME Price Surges 49.4% in 24 Hours
#ME #PriceSurge #Crypto #WhalesMarket #TradingVolume #MarketData #Investment
According to BlockBeats, data from Whales.market on September 10 indicates that the pre-market price of ME stands at $0.1999. Over the past 24 hours, ME has experienced a significant increase of 49.4%, with a trading volume reaching $53,645.9.#ME #PriceSurge #Crypto #WhalesMarket #TradingVolume #MarketData #Investment
🚀 UK FCA Charges London Resident For Operating Unregistered Crypto ATMs
#UK #FCA #CryptoATM #Cryptocurrency #London #Regulations #AML #CTF #ProceedsOfCrime #Gidiplus
According to BlockBeats, the UK Financial Conduct Authority (FCA) announced on Tuesday that it has charged Olumide Osunkoya, a 45-year-old resident of London, for illegally operating multiple cryptocurrency ATMs that were not registered with the regulatory body. The FCA stated that these ATMs processed £2.6 million worth of cryptocurrency transactions between December 2021 and September 2023 across various locations.
The FCA revealed that Osunkoya was previously a director at Gidiplus Ltd, a company whose registration application was rejected by the regulatory authority in 2021. Following this rejection, Osunkoya continued his activities independently. The regulatory body has charged Osunkoya with two counts related to anti-money laundering and counter-terrorism financing regulations, two counts related to the creation and use of false documents in his operations, and one count involving property suspected to be the proceeds of crime from his cryptocurrency ATM business.#UK #FCA #CryptoATM #Cryptocurrency #London #Regulations #AML #CTF #ProceedsOfCrime #Gidiplus
🚀 US Inflation Expected to Remain Stable in 2024
#USInflation #CPI #PCE #FederalReserve #EconomicForecast #StableInflation
According to Odaily, a forecast model by China International Capital Corporation (CICC) indicates that, barring any black swan events, the US Consumer Price Index (CPI) inflation is likely to stay within the 2.5%-3% range this year. Additionally, the Personal Consumption Expenditures (PCE) inflation is expected to remain between 2%-2.5%. The risk of a secondary inflation surge in the latter half of the year is considered low, which alleviates concerns for the Federal Reserve regarding potential interest rate cuts.#USInflation #CPI #PCE #FederalReserve #EconomicForecast #StableInflation
🚀 Radicle Releases Version 1.0 With Enhanced Features
#Radicle #version1.0 #decentralized #codehosting #Git #peer2peer #collaboration #localfirst #secureauthentication #publickeyencryption #commandline #webfrontend #privacyprotection #signedbuilds
According to Foresight News, decentralized code hosting platform Radicle officially launched version 1.0 on September 10. Radicle 1.0, designed as a natural extension of Git, employs a peer-to-peer setup that supports collaborative and local-first workflows. The new version includes a peer-to-peer synchronization system based on the Git protocol, social interaction features, secure authentication using public key encryption, an intuitive command-line interface and web frontend, protocol-level privacy protection, and reproducible signed builds.#Radicle #version1.0 #decentralized #codehosting #Git #peer2peer #collaboration #localfirst #secureauthentication #publickeyencryption #commandline #webfrontend #privacyprotection #signedbuilds
🚀 🔥 Bitcoin ETFs See $28.6M Inflows After 8-Day Outflow Streak, but BlackRock Records Rare Outflows 🔥
#Bitcoin #ETFs #BlackRock #Fidelity #Grayscale #Ethereum #inflows #outflows #cryptocurrency #BTC
According to Cointelegraph: On September 9, U.S.-based spot Bitcoin exchange-traded funds (ETFs) experienced a significant rebound, with inflows totaling $28.6 million, marking an end to eight consecutive trading days of outflows. This resurgence in inflows came after a brief rally in Bitcoin prices, which hit $57,635 before settling around $56,682.However, BlackRock’s iShares Bitcoin Trust (IBIT) saw its third-ever day of net outflows, losing $9.1 million. Despite this, Fidelity's Wise Origin Bitcoin Fund (FBTC) led the day with the largest inflows of $28.6 million. Other notable ETFs include Bitwise Bitcoin ETF (BITB), which saw $22 million in inflows, and the ARK 21Shares Bitcoin ETF (ARKB) with $6.8 million. Invesco Galaxy Bitcoin ETF (BTCO) also recorded a smaller inflow of $3.1 million.Flows for the US spot Bitcoin ETFs on Sept. 9 (Green). Source: Farside InvestorsDespite the brief outflow streak, BlackRock remains the leading Bitcoin ETF issuer, with total net inflows of $20.9 billion, followed by Fidelity at $9.45 billion and ARK 21Shares at $2.28 billion. The overall inflows for all Bitcoin ETFs stand at $16.93 billion, with more than $20 billion in outflows from the Grayscale Bitcoin Trust (GBTC) over the same period. Bitcoin’s change in price since Sept. 8. Source: CoinGeckoEthereum ETFs Continue to Struggle Meanwhile, U.S.-based spot Ether (ETH) ETFs continued their decline, with $5.2 million in outflows on September 9, marking seven consecutive trading days without any inflows. BlackRock and Fidelity led the Ether ETF space with inflows of $1 billion and $405.4 million, respectively, while Bitwise’s Ether ETF followed at $315.9 million. Despite these figures, the Grayscale Ethereum Trust (ETHE) saw $2.69 billion in outflows, reflecting ongoing challenges for Ether ETFs.The return to inflows for Bitcoin ETFs signals a renewed interest in the asset class, while Ethereum ETFs continue to face headwinds amidst a broader market correction.#Bitcoin #ETFs #BlackRock #Fidelity #Grayscale #Ethereum #inflows #outflows #cryptocurrency #BTC