RECENTLY: Grayscale launched its Sui Trust for accredited investors. $SUI surged over 15% in the past day.
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TODAY: Vitalik Buterin said that beginning next year, he will no longer publicly reference L2 projects that haven’t reached at least stage 1 according to his proposed milestones for rollups.
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JUST IN: ZKsync has launched a governance system in the main network. The project is now fully controlled by the community.
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RECENTLY: Trump will launch his DeFi project “World Liberty Financial” — September 16.
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JUST IN: 🇺🇸 Donald Trump says "we're embracing the future with crypto and leaving the slow and outdated big banks behind."
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JUST IN: BlackRock says Bitcoin could be a "hedge against increasing global disorder and declining trust in governments, banks, and fiat currencies."
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TODAY : The European 🇪🇺 Central Bank (ECB) has announced a 25 basis point cut in interest rates as a prelude to the Federal 🇺🇸 Reserve's upcoming decision.
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JUST IN: Coinbase has launched the Coinbase Wrapped BTC (cbBTC) token on the Base and the Ethereum mainnet.
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JUST IN: The international payment system Swift announced it is working on solutions to facilitate transactions with digital assets.
Swift plans to enable securities buyers to simultaneously pay for and exchange tokenized assets in real time.
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JUST IN: 🇺🇸 GOP lawmakers investigate SEC Chair Gary Gensler for politically biased hiring.
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JUST IN: OpenAI valued at at least $150 billion in talks over next funding round — BBG
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ANALYSIS: Sui Network Becomes 10th Largest Blockchain Network by TVL —Deflama
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JUST IN: US debt payments exceed $1 trillion a year for the first time.
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RECENTLY: According to Forbes, Flowcarbon, a startup co-founded by former WeWork CEO Adam Neumann, is returning investor funds because Goddess Nature Token was not issued. Flowcarbon announced in May 2022 that it had completed a $70 million financing, of which at least $38 million came from token sales. a16z and Samsung NEXT participated.
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ANALYSIS: 🇸🇬 Stablecoin Transactions Surge in Singapore. A Chainalysis report shows that in Q2 2024, transactions totaled nearly $1 billion, mainly driven by payments at merchant outlets.
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ANALYSIS:Surveys released by Visa and others show that the use of stablecoins in cross-border payments, remittances, commodity payments, salary payments, etc. has increased significantly. In the first half of 2024, the value of global settlement via stablecoins reached $2.62 trillion, and is expected to reach $5.28 trillion for the full year.
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TODAY: USDT issuer Tether announced a whopping $5.2B net profit in the first half of 2024.
While The biggest assets manager in the world - BlackRock net income for the 12 months ending June 30, 2024 was $6.047B.
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JUST IN: Mastercard $MA agreed to buy cyber-defense firm Recorded Future for $2.65 billion — Bloomberg
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JUST IN: 🇺🇸 US government announces it has spent over $1 trillion this year on interest payments for its $35.3 trillion national debt.
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JUST IN: OpenAI launches new ChatGPT model, o1, with reasoning capabilities of a PhD student.
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JUST IN : 🇨🇳 Chinese stocks fall to lowest prices since January 2019.
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JUST IN: 🇺🇸 eToro settles lawsuit with SEC agreeing to limit crypto trading in the US.
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JUST IN: 🇺🇸 NBA Legend Scottie Pippen says, “Bullish on Bitcoin”.
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ANALYSIS: Chainalysis released its 2024 report on global cryptocurrency adoption.
Countries were ranked based on factors like crypto transaction volumes on CEXs and DeFi platforms relative to their GDP per capita.
India leads the list, followed by Nigeria in second and Indonesia in third. The U.S. ranks just behind them.
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JUST IN: 🇬🇧 UK introduces bill to officially and legally recognize cryptocurrency as personal property.
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