Bitcoin's price is now above the mid-point of the monthly Bollinger Band.

Historically, this has been the beginning of a move to the top of the upper Bollinger Band, roughly a 100%+ move.

The current top monthly Bollinger Band is $52K+++

Polygon has proposed upgrading MATIC to a multipurpose token called POL

Polygon, the Ethereum scaling solution, has proposed a technical upgrade for its native $MATIC token, as part of its Polygon 2.0 roadmap. Pending community approval, $MATIC would be converted into Polygon $POL, a token capable of validating multiple chains within the Polygon ecosystem. The proposed $POL token is intended to operate across all Polygon protocols, including Proof of Stake (PoS), zkEVM and Supernets.

The feature of POL, if approved, would be its ability to validate transactions across different chains, introducing a new level of interoperability between the various protocols within the network. Polygon has proposed a lengthy grace period of at least four years for token holders to complete the upgrade process.

🔗 theblock.co/post/239350/polygon-upgrade-matic-tokens-to-pol

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Growing evidence suggests that there will not be a 'one size fits all' solution to Bitcoin scaling but rather many complementary protocols, each addressing different challenges and markets, that ultimately help usher in hyperbitcoinization.

In the latest Layer-2 Roundup, we delve into second-layer protocols, highlight the importance of interoperability, and showcase the projects using these solutions together to tackle the challenges of adoption and the growing pains that come with it—as we saw in May's high-fee environment.

https://blog.blockstream.com/increasing-interoperability-between-bitcoins-second-layer-protocols/

A number of pools using Vyper 0.2.15, 0.2.16 and 0.3.0 have been exploited as a result of a malfunctioning reentrancy lock related to a Vyper bug. All affected pools have been drained or white hacked and the team is assessing the situation with affected teams.

The targeted pools are alETH/ETH, msETH/ETH, pETH/ETH and CRV/ETH.

All remaining pools are safe and unaffected by the bug.

https://twitter.com/vyperlang/status/1685692973051498497

LlamaRisk team published a postmortem of the recent reentrancy exploit that resulted in loss of LP funds in several Curve pools: https://hackmd.io/@LlamaRisk/BJzSKHNjn

🌀 Open interest in CRV-linked futures skyrockets as Curve token reels from recent attack 🌀

https://blockchair.com/news/open-interest-in-crvlinked-futures-skyrockets-as-curve-token-reels-from-recent-attack--5a9ce342ca

BTC: $28956 ▪️ ETH: $1834 ▪️ XRP: $0.69 ▪️ BCH: $244

🌀 Curve DAO’s Price Surges as Positive Sentiments Indicate an End to Recent Troubles 🌀

https://blockchair.com/news/curve-daos-price-surges-as-positive-sentiments-indicate-an-end-to-recent-troubles--7c960b45b6

BTC: $28990 ▪️ ETH: $1830 ▪️ XRP: $0.62 ▪️ BCH: $224

Bitcoin's hallmark price volatility has all but disappeared https://www.bloomberg.com/news/articles/2023-08-15/bitcoin-btc-extreme-volatility-vanishes-amid-extreme-apathy-and-exhaustion?utm_source=telegram&utm_content=crypto&utm_medium=social

Bitcoin is falling further and dip-buyers are scarce as rising borrowing costs sap demand for riskier investments https://www.bloomberg.com/news/articles/2023-08-21/bitcoin-btc-price-falls-again-as-rising-bond-yields-repel-dip-buyers?utm_source=telegram&utm_content=crypto&utm_medium=social

🌀 Cryptic Bitcoin Wallet Emerges as the Third Highest Holder Worldwide! 🌀

https://blockchair.com/news/cryptic-bitcoin-wallet-emerges-as-the-third-highest-holder-worldwide--f06254a2b8

BTC: $26032 ▪️ ETH: $1663 ▪️ XRP: $0.52 ▪️ BCH: $185

Grayscale has won the lawsuit against SEC regarding their Bitcoin spot ETF

Crypto asset manager Grayscale has scored a victory against the SEC in its efforts to convert its over-the-counter GBTC application into a listed Bitcoin ETF. According court filings, U.S. Court of Appeals Circuit Judge Neomi Rao ordered that Grayscale's petition for review be granted and for the SEC's order to deny the GBTC listing application to be vacated. Previously, Judge Rao said that the SEC did not offer any explanation as to why Grayscale was in the wrong.

After the announcement, the price of $BTC increased by 5.5%. Current price is $27,477. Market cap is $534.9B.

🔗 cointelegraph.com/news/grayscale-wins-sec-lawsuit

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🧾 The entity that spent $510K on a single Bitcoin transaction fee was PayPal.

☎️ Apparently, due to a software bug and it took them only 24 hours to realize and halt withdrawals.

Как общацо со скамерами 😇

MakerDAO, the DeFi protocol whose token MKR has almost tripled this quarter, is poised to invest additional billions of dollars in short-term Treasuries

https://www.bloomberg.com/news/articles/2023-09-29/crypto-s-new-darling-makerdao-ready-to-deploy-6-billion-in-treasuries?utm_source=telegram&utm_content=crypto&utm_medium=social