JUST IN: 🤡 The Securities and Exchange Commission (SEC) clarified that when it referred to "securities," it never intended to imply that tokens themselves constitute securities.
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JUST IN: 🇬🇧 England's High Court of Justice rules Tether's stablecoin USDT is a property.
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JUST IN: "Rich Dad, Poor DAD" author says, “The real problem is the $35 trillion US 🇺🇸 debt that neither Trump nor Kamala can solve.”
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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: MicroStrategy buys another 18,300 Bitcoin ($1.11 billion).
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RUMORS: Pro-Russian hackers reportedly crashed 🇹🇼 Taiwan Stock Market website on Thursday.
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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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