🚀 Lombard To Launch Public Test Of Bitcoin Repledge Protocol On September 5
#Lombard #Bitcoin #repledge #DeFi #Veda #publictest #funding #Polychain #ForesightVentures #MiranaVentures #BabylonChain #dao5 #MantleEcoFund #NomadCapital #BTC
According to Foresight News, Bitcoin repledge protocol Lombard has announced the commencement of its public test on September 5. In addition, the project has introduced a DeFi Vault operated by Veda, designed to offer a one-click solution for accessing DeFi yields.
Previously, Foresight News reported that Lombard successfully completed a $16 million seed funding round. The round was led by Polychain Capital and saw participation from Franklin Templeton, Foresight Ventures, Mirana Ventures, BabylonChain, Inc., dao5, Mantle EcoFund, and Nomad Capital.#Lombard #Bitcoin #repledge #DeFi #Veda #publictest #funding #Polychain #ForesightVentures #MiranaVentures #BabylonChain #dao5 #MantleEcoFund #NomadCapital #BTC
🚀 Sei Official Discord Suspected of Being Hacked, Users Warned of Phishing Links
#Sei #Discord #Hacked #Phishing #Security #SEI
According to BlockBeats, on September 3, community reports indicate that the official Discord server of Sei may have been compromised. Hackers have allegedly posted fraudulent phishing links on the server. Users are advised to avoid interacting with these links to prevent potential security risks.#Sei #Discord #Hacked #Phishing #Security #SEI
🚀 Yooldo Secures Significant Investment From Consensys
#Yooldo #Consensys #investment #crosschaingaming #Linea #BlockBeats
According to BlockBeats, on September 3, cross-chain gaming platform Yooldo announced that it has received a significant investment from Consensys through its Linea ecosystem investment alliance.#Yooldo #Consensys #investment #crosschaingaming #Linea #BlockBeats
🚀 NFT Market Faces Severe Challenges With 96% Considered 'Dead'
#NFT #NFTmarket #cryptocurrency #trading #blockchain #ForesightNews #investment #losses #digitalart #crypto
According to Foresight News, a recent report by NFTevening reveals that the NFT market is facing significant difficulties, with 96% of NFTs considered 'dead.' These NFTs exhibit minimal trading volume, extremely low 7-day sales, and almost no presence on social media platforms. The report analyzed over 5,000 NFT collections and 5 million transactions, uncovering that more than 43% of holders have incurred losses, with an average return on investment declining by 44.5%. Additionally, the average lifecycle of an NFT is only 1.14 years, which is notably shorter than traditional crypto asset projects.#NFT #NFTmarket #cryptocurrency #trading #blockchain #ForesightNews #investment #losses #digitalart #crypto
🚀 Web3 Security Firm Hypernative Secures $16 Million In Series A Funding
#Web3 #Security #Funding #Hypernative #SeriesA #Quantstamp
According to BlockBeats, on September 3, Web3 security company Hypernative successfully completed a $16 million Series A funding round. The investment was led by Quantstamp.#Web3 #Security #Funding #Hypernative #SeriesA #Quantstamp
🚀 Crestal Launches Public Testnet Crestal Carbon On Berachain
#Crestal #CrestalCarbon #Berachain #Testnet #Web3 #ModularService #Avail #Blockchain
According to BlockBeats, on September 3, dynamic modular service platform Crestal announced the launch of its public testnet, Crestal Carbon, on the Berachain testnet.
In addition to Crestal Carbon, the company also revealed its integration with Avail. This integration makes Avail the first modular service supported by Crestal. Avail's Web3 infrastructure enables modular execution layers to scale and interoperate in a trust-minimized manner.#Crestal #CrestalCarbon #Berachain #Testnet #Web3 #ModularService #Avail #Blockchain
🚀 Cardano's ADA Faces Decline After Hoskinson's Bitcoin Criticism
#Cardano #ADA #Bitcoin #BTC #CharlesHoskinson #cryptocurrency #blockchain
According to Cointelegraph, Cardano (ADA) prices have experienced significant declines following negative comments about Bitcoin (BTC) by Charles Hoskinson. The ADA/BTC trading pair has dropped by 75% nearly two years after Hoskinson questioned Bitcoin's viability in an October 2022 interview. During the conversation, Hoskinson suggested that BTC should be used on faster blockchains like Cardano or Ethereum as a wrapped asset. At that time, ADA/BTC was trading at 2,188 satoshis, but by September 3, 2024, it had fallen to 562 satoshis, nearing its lowest levels since December 2020.
This pattern of decline following Hoskinson's critiques is consistent. For instance, after his June 2021 comment likening Bitcoin to a #Cardano #ADA #Bitcoin #BTC #CharlesHoskinson #cryptocurrency #blockchain
🚀 Parlay Labs Secures $2 Million Funding Led By DNA.fund
#ParlayLabs #Funding #DNAfund #MemeCoin #Launchpad #TradingPlatform #Blockchain
According to Foresight News, Parlay Labs has initiated a $2 million funding round led by DNA.fund. The funds will be used to launch the Parlay platform, a multi-chain, no-code MemeCoin launchpad and trading platform.#ParlayLabs #Funding #DNAfund #MemeCoin #Launchpad #TradingPlatform #Blockchain
🚀 BNB.xyz Launches One-Stop On-Chain BNB Staking Platform
#BNB #staking #onchain #CeFi #DeFi #BlockBeats
According to BlockBeats, on September 3, the one-stop on-chain BNB staking platform BNB.xyz officially launched.
BNB.xyz is an innovative integrated on-chain platform designed to connect and maximize the returns of CeFi BNB and DeFi BNB.#BNB #staking #onchain #CeFi #DeFi #BlockBeats
🚀 Dune Launches AI-Driven Visualization Tool Wand
#Dune #AIDriven #VisualizationTool #Wand #CryptoData #Insights #SQL #DuneAI
According to BlockBeats, on September 3, Dune announced the launch of its AI-driven visualization tool, Wand. This new tool allows users to automatically generate recommended charts after completing SQL queries, aiming to help users focus on data and insights. Previously, in December 2023, Dune introduced DuneAI, which enables users to ask questions in any language using its natural language engine, providing crypto data insights without the need for SQL knowledge.#Dune #AIDriven #VisualizationTool #Wand #CryptoData #Insights #SQL #DuneAI
🚀 FLock.io Secures Ethereum Foundation Academic Grant for 2024
#FLockio #EthereumFoundation #AcademicGrant #2024 #Blockchain #MachineLearning #IncentiveMechanisms
According to Odaily, FLock.io has announced that it has received funding from the Ethereum Foundation's Academic Grants Round for 2024. While the specific amount of the grant has not been disclosed, it is reported that the funds will be allocated towards research on incentive mechanisms for its blockchain-based machine learning solutions.#FLockio #EthereumFoundation #AcademicGrant #2024 #Blockchain #MachineLearning #IncentiveMechanisms
🚀 UniSat Service Temporarily Suspended Due To Network Issues
#UniSat #ServiceSuspension #NetworkIssues #InfrastructureOptimization #Odaily
According to Odaily, UniSat announced on the X platform that its services were temporarily suspended for five minutes due to network issues. The interruption occurred from 12:52 to 12:57 UTC on September 3, 2024. The issue was resolved by 12:57, and services have been fully restored. UniSat stated that they will continue to improve and optimize their infrastructure.#UniSat #ServiceSuspension #NetworkIssues #InfrastructureOptimization #Odaily
🚀 Tom Lee Predicts Market Volatility And Buying Opportunities In Coming Weeks
#TomLee #MarketVolatility #BuyingOpportunities #StockMarket #Investors #FederalReserve #Caution #Dips #USaelections
According to Odaily, Tom Lee, co-founder and head of research at Fundstrat, anticipates some turbulence in the stock market over the next eight weeks. Despite this, he believes the potential downturn could present a buying opportunity for investors. In an interview with CNBC's 'SquawkBox Europe' on Tuesday, Lee stated, 'The upcoming Federal Reserve policy meeting in September and the U.S. elections are events that will make people nervous. I think investors should remain cautious over the next eight weeks.'
However, Lee also mentioned, 'I believe there will be opportunities to buy in the next eight weeks. While caution is advisable, investors should also be prepared to buy on dips.' According to the CME's 'FedWatch' tool, the market is pricing in a 67% chance of a 25 basis point rate cut by the Federal Reserve in September, with some seeing a possibility of a 50 basis point cut.#TomLee #MarketVolatility #BuyingOpportunities #StockMarket #Investors #FederalReserve #Caution #Dips #USaelections
🚀 SunPump Warns Community About Fake Accounts on Social Media
#SunPump #FakeAccounts #SocialMedia #CommunityAlert #AssetSecurity #Telegram #X #Scams #WalletSafety
According to Odaily, SunPump has issued a notice urging its community to be cautious of fake SunPump accounts that have surfaced on Telegram and X (formerly Twitter). The company emphasized the importance of verifying information sources to ensure asset security. Users are advised to rely solely on updates from official SunPump channels and to be wary of any information from unofficial sources. Additionally, SunPump recommends avoiding granting wallet permissions on unfamiliar platforms to protect against scams and potential losses.#SunPump #FakeAccounts #SocialMedia #CommunityAlert #AssetSecurity #Telegram #X #Scams #WalletSafety
🚀 BlackRock IBIT Pre-Market Trading Volume Reaches $6 Million
#BlackRock #IBIT #PreMarket #TradingVolume #BuyOrders #SellOrders
According to Odaily, data disclosed by Trader T reveals that BlackRock's IBIT pre-market trading volume today reached $6 million. Of this volume, 34% consisted of active buy orders, while 49% were active sell orders.#BlackRock #IBIT #PreMarket #TradingVolume #BuyOrders #SellOrders
🚀 BNB Drops Below 530 USDT with a Narrowed 2.18% Increase in 24 Hours
#BNB #Binance #USDT #cryptocurrency #marketdata #priceupdate #trading
On Sep 03, 2024, 13:41 PM(UTC). According to Binance Market Data, BNB has dropped below 530 USDT and is now trading at 529.299988 USDT, with a narrowed narrowed 2.18% increase in 24 hours.#BNB #Binance #USDT #cryptocurrency #marketdata #priceupdate #trading
🚀 US August Manufacturing PMI Falls Short of Expectations
#US #Manufacturing #PMI #Economy #Contraction #S&PGlobal
According to Odaily, the final reading for the U.S. S&P Global Manufacturing PMI in August was 47.9, slightly below the expected 48.1. The previous value was recorded at 48. This indicates a continued contraction in the manufacturing sector.#US #Manufacturing #PMI #Economy #Contraction #S&PGlobal
🚀 CoinDesk 20 Index Sees Positive Movement With Majority Of Assets Trading Higher
#CoinDesk #CoinDesk20 #CryptoMarket #DigitalAssets #Cryptocurrency #MarketTrends #Investing #DOT #HBAR
According to CoinDesk, the CoinDesk 20 Index is currently trading at 1864.5, reflecting a 0.9% increase (+16.74) since the previous day's close. Out of the 20 assets in the index, fifteen are trading higher, showcasing a positive trend in the market. Leading the gains are DOT with a 2.6% increase and HBAR with a 2.4% rise. On the other hand, ETH and ETC are among the laggards, with ETH down by 0.4% and ETC by 0.2%. The CoinDesk 20 is a comprehensive index that is traded on multiple platforms across various regions globally.#CoinDesk #CoinDesk20 #CryptoMarket #DigitalAssets #Cryptocurrency #MarketTrends #Investing #DOT #HBAR
🚀 21.co Launches Wrapped Bitcoin Product on Ethereum Blockchain
#WrappedBitcoin #Ethereum #21co #21BTC #DecentralizedApplications #ColdWallets #Blockchain
According to Odaily, 21.co, the parent company of 21Shares, has introduced its wrapped Bitcoin product, '21BTC,' on the Ethereum blockchain. The company announced that it is collaborating with market maker Flow Traders to offer a product that provides customers with peace of mind while exploring decentralized applications and new opportunities on the Ethereum blockchain. The underlying assets of 21.co's 21BTC will be securely stored in cold wallets, eliminating the need for cross-chain bridges.#WrappedBitcoin #Ethereum #21co #21BTC #DecentralizedApplications #ColdWallets #Blockchain
🚀 Uniswap Labs Launches UniswapX Mobile App And Extension
#Uniswap #UniswapX #mobileapp #extension #liquidity #UNI
According to Odaily, Uniswap Labs has announced the launch of the UniswapX mobile application and extension on the X platform. UniswapX utilizes a network of 'fillers' to source liquidity outside the Uniswap protocol.#Uniswap #UniswapX #mobileapp #extension #liquidity #UNI