The Block Crypto News
CFTC says prediction markets are vulnerable to manipulation in Kalshi case appeal
➖ Elf Crypto Alert ➖
CFTC says prediction markets are vulnerable to manipulation in Kalshi case appeal
➖ Elf Crypto Alert ➖
The Block
CFTC says prediction markets are vulnerable to manipulation in Kalshi case appeal
The CFTC is once again attempting to stop election prediction marketplace Kalshi from offering its contracts for the 2024 election season.
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The Block Crypto News
Bitcoin and ether dip after Friday rally amid rate-cut expectations, reports of Trump assassination attempt
➖ Elf Crypto Alert ➖
Bitcoin and ether dip after Friday rally amid rate-cut expectations, reports of Trump assassination attempt
➖ Elf Crypto Alert ➖
The Block
Bitcoin and ether dip after Friday rally amid rate-cut expectations, reports of Trump assassination attempt
The prices of bitcoin and ether slid amid reports of another assassination attempt on Donald Trump, and Fed rate-cut expectations.
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⚠️ The odds of Trump winning have increased on Polymarket after an assassination attempt.
Last night, on September 16, Donald Trump Jr. reported that shots were fired at a golf club in Florida. U.S. presidential candidate Donald Trump was present on the premises.
The FBI stated they are "investigating what appears to be an assassination attempt."
Amid these events, Donald Trump surpassed Kamala Harris by 1% on Polymarket. Additionally, several Trump-related memecoins have risen in value.
Last night, on September 16, Donald Trump Jr. reported that shots were fired at a golf club in Florida. U.S. presidential candidate Donald Trump was present on the premises.
The FBI stated they are "investigating what appears to be an assassination attempt."
Amid these events, Donald Trump surpassed Kamala Harris by 1% on Polymarket. Additionally, several Trump-related memecoins have risen in value.
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The Block Crypto News
Bernstein says DeFi yields are set for a comeback amid likely US rate cuts
➖ Elf Crypto Alert ➖
Bernstein says DeFi yields are set for a comeback amid likely US rate cuts
➖ Elf Crypto Alert ➖
The Block
Bernstein says DeFi yields are set for a comeback amid likely US rate cuts
DeFi yields could rise above 5%, beating U.S. dollar money market funds and adding fuel to crypto prices, Bernstein analysts said.
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The Block Crypto News
Bitcoin leads global crypto investment products’ $436 million rebound as Ethereum funds struggle: CoinShares
➖ Elf Crypto Alert ➖
Bitcoin leads global crypto investment products’ $436 million rebound as Ethereum funds struggle: CoinShares
➖ Elf Crypto Alert ➖
The Block
Bitcoin leads global crypto investment products' $436 million rebound as Ethereum funds struggle: CoinShares
Global crypto investment products rebounded with $436 million in net inflows last week led by Bitcoin, according to CoinShares.
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The Block Crypto News
Bitcoin’s stagnation, gold’s record high reflect ongoing market caution: Bitfinex
➖ Elf Crypto Alert ➖
Bitcoin’s stagnation, gold’s record high reflect ongoing market caution: Bitfinex
➖ Elf Crypto Alert ➖
The Block
Bitcoin's stagnation, gold's record high reflect ongoing market caution: Bitfinex
Bitcoin's stagnation amid gold reaching an all-time high shows increased market caution towards risk assets, analysts say.
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The Block Crypto News
Residents of a Norwegian town complained about a Bitcoin mine’s noise; now that it’s shut down, they face a 20% energy bill hike
➖ Elf Crypto Alert ➖
Residents of a Norwegian town complained about a Bitcoin mine’s noise; now that it’s shut down, they face a 20% energy bill hike
➖ Elf Crypto Alert ➖
The Block
Residents of a Norwegian town complained about a Bitcoin mine's noise; now that it’s shut down, they face a 20% energy bill hike
For some, it may be a cost they are willing to bear to avoid the noise. For others, it’s an unintended consequence that adds to living costs.
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The Block Crypto News
Fed now expected to cut rates by 50 bps this week, giving boost to bitcoin, Bitwise analyst says
➖ Elf Crypto Alert ➖
Fed now expected to cut rates by 50 bps this week, giving boost to bitcoin, Bitwise analyst says
➖ Elf Crypto Alert ➖
The Block
Fed now expected to cut rates by 50 bps this week, giving boost to bitcoin, Bitwise analyst says
If the Fed decides to cut rates by 50 basis points, the market for risk assets, including bitcoin, could react positively, a Bitwise analyst said.
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The Block Crypto News
DeFi protocol Delta Prime suffers $6 million exploit after admin lost control of private key
➖ Elf Crypto Alert ➖
DeFi protocol Delta Prime suffers $6 million exploit after admin lost control of private key
➖ Elf Crypto Alert ➖
The Block
DeFi protocol Delta Prime suffers $6 million exploit after admin lost control of private key
The Delta Prime hacker initially only drained about $4.5 million but was able to continue attacking the protocol to steal funds.
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The Block Crypto News
Flappy Bird gets crypto reboot on Telegram with Notcoin, though original creator and fans denounce new version
➖ Elf Crypto Alert ➖
Flappy Bird gets crypto reboot on Telegram with Notcoin, though original creator and fans denounce new version
➖ Elf Crypto Alert ➖
The Block
Flappy Bird gets crypto reboot on Telegram with Notcoin, though original creator and fans denounce new version
Without the involvement of original creator, Flappy Bird is relaunching on Telegram, supported by Notcoin.
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The Block Crypto News
Multicoin and Solana Ventures join $10 million Series A in Permissionless Labs
➖ Elf Crypto Alert ➖
Multicoin and Solana Ventures join $10 million Series A in Permissionless Labs
➖ Elf Crypto Alert ➖
The Block
Multicoin and Solana Ventures join $10 million Series A in Permissionless Labs
The Pipe Network contributor has raised capital to help scale, recruit professionals and launch a private beta and testnet.
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The Block Crypto News
The Daily: Bitcoin and ether dip amid second Trump assassination attempt, Fed may cut rates by 50 bps this week and more
➖ Elf Crypto Alert ➖
The Daily: Bitcoin and ether dip amid second Trump assassination attempt, Fed may cut rates by 50 bps this week and more
➖ Elf Crypto Alert ➖
The Block
The Daily: Bitcoin and ether dip amid second Trump assassination attempt, Fed may cut rates by 50 bps this week and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
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The Block Crypto News
Ethereum stakers see 7DMA revenue fall as on-chain activity declines 60% since March
➖ Elf Crypto Alert ➖
Ethereum stakers see 7DMA revenue fall as on-chain activity declines 60% since March
➖ Elf Crypto Alert ➖
The Block
Ethereum stakers see 7DMA revenue fall as on-chain activity declines 60% since March
The 7-day moving average (7DMA) for daily staker revenue on Ethereum recently fell to a six-month low.
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The Block Crypto News
MicroStrategy is selling $700 million more in convertible senior notes to buy back debt and more bitcoin
➖ Elf Crypto Alert ➖
MicroStrategy is selling $700 million more in convertible senior notes to buy back debt and more bitcoin
➖ Elf Crypto Alert ➖
The Block
MicroStrategy is selling $700 million more in convertible senior notes to buy back debt and more bitcoin
The business intelligence firm holds about $14 billion worth of bitcoin, including a $1 billion purchase last week.
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The Block Crypto News
World Liberty Financial crypto project could deepen political divides if Trump wins presidential election: TD Cowen
➖ Elf Crypto Alert ➖
World Liberty Financial crypto project could deepen political divides if Trump wins presidential election: TD Cowen
➖ Elf Crypto Alert ➖
The Block
World Liberty Financial crypto project could deepen political divides if Trump wins presidential election: TD Cowen
Trump's plans to launch World Liberty Financial later today could deepen divides among lawmakers in Washington, TD Cowen said in a note.
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The Block Crypto News
New York restaurant Flyfish Club settles with SEC over NFTs and agrees to pay $750,000
➖ Elf Crypto Alert ➖
New York restaurant Flyfish Club settles with SEC over NFTs and agrees to pay $750,000
➖ Elf Crypto Alert ➖
The Block
New York restaurant Flyfish Club settles with SEC over NFTs and agrees to pay $750,000
NFT project Flyfish Club, LLC has agreed to pay $750,000 as part of the settlement it reached with the SEC on Monday.
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The Block Crypto News
Donald Trump-backed World Liberty Financial debuts plans to sell WLFI token
➖ Elf Crypto Alert ➖
Donald Trump-backed World Liberty Financial debuts plans to sell WLFI token
➖ Elf Crypto Alert ➖
The Block
Donald Trump-backed World Liberty Financial debuts plans to sell WLFI token
In his bid to make the U.S. "the crypto capital" of the world, Trump unveiled a few key details of World Liberty Financial on Monday night.
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🔗 Ledger and Exodus Join Forces to Create an Advanced Exchange Aggregator
Exodus Movement, a company specializing in cryptocurrency exchange services, is partnering with renowned digital asset wallet developer Ledger.
✔️ The primary goal of the specialists is to integrate the XO Swap function into Ledger Live.
This will simplify the process of connecting to third-party API servers and enable direct swaps among thousands of currency pairs with minimal costs.
🔒 Company representatives emphasized that the new integration prioritizes customer security.
All transactions within the new XO Swap service will be aggregated through multiple different counterparties.
💵 All funds will be processed directly through the Ledger Live wallet.
Initially, the new feature is available on desktop, but the developers have announced that a mobile solution will be launched soon.
Exodus Movement, a company specializing in cryptocurrency exchange services, is partnering with renowned digital asset wallet developer Ledger.
✔️ The primary goal of the specialists is to integrate the XO Swap function into Ledger Live.
This will simplify the process of connecting to third-party API servers and enable direct swaps among thousands of currency pairs with minimal costs.
🔒 Company representatives emphasized that the new integration prioritizes customer security.
All transactions within the new XO Swap service will be aggregated through multiple different counterparties.
💵 All funds will be processed directly through the Ledger Live wallet.
Initially, the new feature is available on desktop, but the developers have announced that a mobile solution will be launched soon.
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