RECENTLY: Truflation has launched an AI Index to track generative AI companies as the global market is projected to grow from $44.89 billion to $1.3 trillion by 2032.
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RECENTLY: Hamster Kombat announced that players who stake their airdropped HMSTR tokens in-game will earn a bonus in the upcoming season.
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RECENTLY: Cardano's Charles Hoskinson pledges closer collaboration with Polkadot, aiming to overcome crypto tribalism.
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JUST IN: Capybara Exchange, a DEX on the Kaia chain, saw its total value locked (TVL) rise over 750% in the past month, reaching a record $7.5 million, according to DefiLlama.
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JUST IN: South Korea plans to regulate foreign exchange for cross-border stablecoin transactions to address their rising use in international trade, according to local media.
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TODAY: CryptoCom said it is suing the SEC, claiming the agency has overstepped its jurisdiction by labeling most cryptocurrencies as securities.
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JUST IN: Alchemy Pay is integrating its virtual cards with Samsung Pay, enabling cryptocurrency payments for its over one million users.
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OPINION: Standard Chartered's analysis predicts Solana could outperform Ethereum and Bitcoin by 2025, especially under a Trump presidency, with a fivefold increase in SOL's price expected.
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RECENTLY: Scroll announced plans to launch the SCR token as the first step in its decentralization roadmap.
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RECENTLY: Bloomberg analyst Eric Balchunas faced backlash for claiming Ethereum is less secure than Bitcoin and suggesting the U.S. could "shut down Ethereum" by disabling AWS services, prompting accusations of misinformation and propaganda.
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JUST IN: Honeywell International Inc. (NYSE: HON) plans to spin off its advanced materials division, prompting a 2.3% rise in its shares to $208.00 in premarket trading, according to the Wall Street Journal.
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TODAY: According to Lookonchain, an Ethereum ICO whale recently transferred 5,000 ETH worth $12.22 million to Kraken, adding to a total of 60,000 ETH sold for $149.68 million since the ICO.
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RECENTLY: Rapper Cardi B's launch of the cat-themed meme coin WAP has sparked controversy as the crypto community identified irregularities in its tokenomics and development team.
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JUST IN: Binance will autoconvert Tornado Cash (TORN), OMG Network (OMG), and Waves (WAVES) on October 29, along with related listing and delisting actions.
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JUST IN: Binance's latest proof of reserves report shows a decline in user assets for BTC, ETH, USDT, and FDUSD, while BNB holdings increased.
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JUST IN: On October 9, Dogs (DOGS) and Notcoin (NOT) will burn $4 million worth of unclaimed tokens from their Telegram airdrops, raising speculation about potential price impacts.
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ANALYSIS: K33 analysts estimate $2.4 billion could re-enter crypto markets following FTX’s reorganization, boosting Bitcoin's Q4 outlook.
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RECENTLY: Russia's communications regulator has blocked Discord for violating national laws, TASS reported, making it the latest foreign tech platform restricted in the country.
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JUST IN: Jupiter Exchange has launched a Mobile App to improve access to Solana (SOL) for all cryptocurrency users.
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JUST IN: Chosun Ilbo is accused of promoting the KOK cryptocurrency scam, which allegedly misled investors and led to $2.97 billion in losses.
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ANALYSIS: Blockchain activity rose 70% in Q3 2024, driven by a 71% increase in AI-related DApps, according to DappRadar.
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TODAY: According to Lookonchain, Ty Dolla $ign accidentally burned $409,000 in SUNDOG tokens but received 3.2 million TRX from Justin Sun, enabling him to buy back 1.64 million SUNDOG.
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RECENTLY: IntoTheBlock reports that large investors purchased 2.07 billion DOGE worth over $220 million last week, the highest accumulation since January.
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TODAY: Binance Launchpool has announced the launch of Scroll (SCR) as its 60th project, offering users the opportunity to participate.
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ANALYSIS: The nine ether ETFs in the U.S. recorded zero flows for the second time since their July launch, according to SoSoValue, while Bitcoin ETFs saw $235.2 million in inflows, totaling nearly $18.75 billion since January.
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JUST IN: An Ethereum transaction incurred an unusual fee of 288 ETH ($700,000) due to a validator withdrawal exploit, prompting on-chain researchers to suspect hacking and seek to return the funds to the original owner.
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STUDY: A report from Elympics, the Blockchain Game Alliance, and PlayToEarn reveals that over 10% of gamers avoid Web3 games due to the complexity of cryptocurrency wallets.
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ANALYSIS: Defillama data shows that while an October Bitcoin rally seems unlikely, investor optimism for a strong fourth quarter persists amid over $2.68 billion in outflows from exchanges and a drop in stablecoin reserves from $38.5 billion to $35 billion.
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RECENTLY: Ty Dolla $ign invested 3.2 million TRX into meme coin Sundog, while Mark Cuban remains skeptical of meme coins, calling them potential "rug pulls."
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ANALYSIS: The global crypto market cap dropped 3.5% to $2.26 trillion, while meme coins fell 2% to $52.5 billion after a recent surge.
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