π΅οΈββοΈπ§― Morph burned 220 million #BGB (~$1.09 billion) and blocked another 220 million BGB as part of a partnership with Bitget announced Tuesday.
Morph will use BGB as its gas token and management token, and the Morph Foundation will update the BGB burning mechanism by linking it to Morph network activity until the total supply of BGB is reduced to 100 million.
BGB reacted to the news of the partnership by pumping +14%
Morph will use BGB as its gas token and management token, and the Morph Foundation will update the BGB burning mechanism by linking it to Morph network activity until the total supply of BGB is reduced to 100 million.
BGB reacted to the news of the partnership by pumping +14%
πΏπ§― #CRO are burning in batches of $50 million They have currently burned $150 million worth of tokens.
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π€π° #AI startup Supersonik has completed a $5 million seed round of funding led by a16z
π° #ETH Bit Digital reported owning 121,252 ETH (~$533 million), of which about 86.6% (roughly 105,031 ETH) is staked.
ππ CQ: The #BTC/stablecoin ratio on Binance is about to give a rather rare buy signal, as this signal has only appeared twice since the last bear market.
The last time was in March when BTC rolled back to $78k before starting a new rally to its last ATH around $123k.
The last time was in March when BTC rolled back to $78k before starting a new rally to its last ATH around $123k.
πββ Fireblocks announced the launch of a network that will make it easier for cryptocurrency and financial services companies to exchange stablecoins with each other. fortune
π€ #SEI Sei and Etherscan unveiled Seiscan - the official blockchain scanner of the Sei network. source
ππΊπΈ Nasdaq steps up scrutiny of companies investing in cryptocurrency. theinformation
π°π€ Kraken has acquired Breakout, a proprietary trading platform created by Tradermayne and CryptoCred. businesswire
πͺπΊπββ #RWA Boerse Stuttgart unveiled Seturion, a pan-European blockchain-based settlement platform designed to unify disparate post-trade systems for tokenized assets and reduce settlement costs by up to 90%. coindesk
πΊπΈπ #macro US (Aug):
- S&P Composite PMI: 54.6 (pred: 55;1);
- S&P Services PMI: 54.5 (previous: 55;7)
- S&P Composite PMI: 54.6 (pred: 55;1);
- S&P Services PMI: 54.5 (previous: 55;7)
πΊπΈπΉSEC will consider amending its rules to allow cryptocurrency trading on national stock exchanges and alternative trading systems. reuters
π½π #HBAR Hedera has been selected by the state of Wyoming to issue the Frontier Stable Token (FRNT), which will be the first stablecoin issued by a US state.
πΊπΈπ§ The US Department of Justice has opened a criminal investigation of Fed chief Lisa Cook.
π½π Michael Saylor's #BTC Strategy meets all criteria for inclusion in the S&P 500 - bloomberg