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Nasdaq is launching a crypto custody service for institutional investors. Nasdaq Digital Assets is hoping to take advantage of the institutional market's growing appetite for digital assets.
More info: https://bit.ly/3R5WlOU
The South Korean prosecutors have reportedly requested a Red Notice from Interpol to be issued against Kwon for not cooperating with the prosecutors for investigative purposes.
More info: https://bit.ly/3duApPA
Cash advance apps have grown 69% year-over-year (YoY), more than other fintech sectors, the performance of crypto and retail investing apps was trending downward. Indeed, cryptocurrency trading and crypto wallet app downloads fell 55% YoY through Q3, according to data from Apptopia published on September 19.
More info: https://bit.ly/3qPARuC
WazirX, India’s largest cryptocurrency exchange by trade volume, said it has stopped deposits of stablecoins USDC, USDP and TUSD, and will automatically convert users’ existing balances to Binance’s USD-backed stablecoin BUSD at a 1:1 ratio.
More info: https://bit.ly/3RVPit6
The Cardano network is finally set to go ahead with the Vasil hard fork on 22 September, which is still less than a week away. The preparations for the hard fork have been in full swing for months now. Among these preparations is the launch of Transaction Chaining on Cardano.
More info: https://bit.ly/3Unx45i
A hacker drained $3.3 million from multiple Ethereum addresses generated with a tool called Profanity, according to on-chain data from Etherscan. These addresses suffered from a vulnerability that allowed hackers to extract private keys, a previous report from 1inch said.
More info: https://bit.ly/3Uj97wa
Japanese gaming giants are positioning for mainstream blockchain game adoption, and will not be swayed by the section of gamers that are against crypto and nonfungible tokens (NFTs).
More info: https://bit.ly/3ShuZpF
The White House has published the first framework on regulating the digital assets space.
It highlighted the need for protecting consumers, preventing crypto-related crime, and maintaining the country's standing as a global financial powerhouse.
More info: https://bit.ly/3DwGFkq
Despite the event being touted as bullish, 24 hours later, the crypto market is recording capital outflows outweighed by other factors like skyrocketing inflation.
Indeed, as of September 16, the global crypto market capitalization stood at $958.83 billion, a drop of about 3.2% or $32.24 billion from the $991.07 billion recorded on September 15.
More info: https://bit.ly/3S5lkmc
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler said proof-of-stake (PoS) cryptocurrencies could be considered securities, which would include the US$200 billion Ethereum network after it completed its shift to a PoS system on Thursday.
More info: https://bit.ly/3Dx4aKk
Staking ATOM currently offers a 17.75% APY and, according to Staking Rewards, 66.75% of the available circulating supply is being staked. Cosmos is set to launch liquid staking, a phenomenon which when deployed in other DeFi platforms on other blockchains resulted in increased buy pressure on the ecosystem’s native token(s).
More info: https://bit.ly/3QOYHl5
Proof-of-work blockchain Ethereum Classic has recorded a large spike in hash rate as miners close shop on the now proof-of-stake Ethereum.
Its hash rate — a measure of crypto mining output — shot up to 183 terahashes per second (TH/s), 280% higher than the 64 TH/s hash rate 24 hours ago. Ethereum Classic's hash rate has witnessed a 500% growth in the last 30 days.
More info: https://bit.ly/3QLjuWy
Google Cloud and BNB Chain have partnered to provide developers with access to cloud computing services. The partnership will provide credits for access to Google Cloud, plus technical support and mentorship. BNB Chain is home to approximately 1,300 blockchain applications that could take advantage of the offer.
More info: https://bit.ly/3BHG5Pm
Shiba Inu, the dog crypto, burned close to 200 million coins within the last 24 hours. According to SHIB Burn data, the burn rate of Shib tokens has spiked by about 3000% in the space of 1 day.
Furthermore, most of the tokens sent to Shiba Inu’s burn wallet are from individual whale accounts. This burn initiative has taken off big since the beginning of this month. More than 500 million tokens went out of circulation in the first week. At this rate, it is possible the burn rate might hit 5000% in a few days.
More info: https://bit.ly/3S0WXWG
Ethereum has completed its transition to Proof-of-Stake. “The Merge” is one of the most significant events in crypto history.
More info: https://bit.ly/3QHgHxv
Binance U.S. users can stake ETH and earn a starting annual percentage yield of 6%, the highest offered by a major U.S. crypto exchange, according to a company announcement.
More info: https://bit.ly/3QIOB5d