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.
👍4
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.
👍1
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.
👍1
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.
👍1
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.
👍1
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.
👍2
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.
👍3
🔗 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.
👍2
The Block Crypto News
BlackRock’s IBIT clocks first daily net inflows in three weeks as spot Bitcoin ETFs attract $12.8 million
➖ Elf Crypto Alert ➖
BlackRock’s IBIT clocks first daily net inflows in three weeks as spot Bitcoin ETFs attract $12.8 million
➖ Elf Crypto Alert ➖
The Block
BlackRock’s IBIT clocks first daily net inflows in three weeks as spot Bitcoin ETFs attract $12.8 million
Meanwhile, spot Ethereum exchange-traded funds returned to combined daily net outflows of $9.4 million on Monday.
👍2
The Block Crypto News
Crypto market volatility is rising as Fed rate decision approaches: analysts
➖ Elf Crypto Alert ➖
Crypto market volatility is rising as Fed rate decision approaches: analysts
➖ Elf Crypto Alert ➖
The Block
Crypto market volatility is rising as Fed rate decision approaches: analysts
Ahead of the Fed's interest rate decision on Wednesday, analysts report rising cryptocurrency market volatility.
👍2🔥1
The Block Crypto News
IoTeX collaborates with Polygon Labs to integrate with AggLayer for cross-chain DePIN liquidity
➖ Elf Crypto Alert ➖
IoTeX collaborates with Polygon Labs to integrate with AggLayer for cross-chain DePIN liquidity
➖ Elf Crypto Alert ➖
The Block
IoTeX collaborates with Polygon Labs to integrate with AggLayer for cross-chain DePIN liquidity
The integration is designed to enable IoTeX-based projects to distribute rewards and allow users to settle on a chain of their choice.
👍1
The Block Crypto News
WalletConnect set to airdrop 185 million WCT with native token launch
➖ Elf Crypto Alert ➖
WalletConnect set to airdrop 185 million WCT with native token launch
➖ Elf Crypto Alert ➖
The Block
WalletConnect set to airdrop 185 million WCT with native token launch
WalletConnect will launch its native Connect Token (WCT) on Optimism’s OP Mainnet, with 185 million WCT to be airdropped to users.
The Block Crypto News
a16z CSX fund and Lemniscap lead $5.2 million seed round for Fermah
➖ Elf Crypto Alert ➖
a16z CSX fund and Lemniscap lead $5.2 million seed round for Fermah
➖ Elf Crypto Alert ➖
The Block
a16z CSX fund and Lemniscap lead $5.2 million seed round for Fermah
Fermah aims to tackle issues related to zero-knowledge proofs by acting as a marketplace for ZK proof generation.
👍1
📊 The Bitcoin bull market could resume within the next 22 days, based on historical cycles and current data, according to WeRate co-founder Quinten François.
📈 In his observations, the average Bitcoin cycle begins approximately 170 days after the halving, with a peak forming 480 days later. As of September 15, it has been 147 days since the halving.
📉 CryptoQuant CEO Ki Young Ju highlighted $62,000, $55,000, and $43,000 as key levels for Bitcoin. These represent the average coin cost for various groups of investors and serve as important psychological and technical markers.
📈 In his observations, the average Bitcoin cycle begins approximately 170 days after the halving, with a peak forming 480 days later. As of September 15, it has been 147 days since the halving.
📉 CryptoQuant CEO Ki Young Ju highlighted $62,000, $55,000, and $43,000 as key levels for Bitcoin. These represent the average coin cost for various groups of investors and serve as important psychological and technical markers.
👍2
The Block Crypto News
Circle’s USDC stablecoin becomes available in Brazil and Mexico
➖ Elf Crypto Alert ➖
Circle’s USDC stablecoin becomes available in Brazil and Mexico
➖ Elf Crypto Alert ➖
The Block
Circle's USDC stablecoin becomes available in Brazil and Mexico
The move allows the direct conversion of Reas and Pesos into USDC, omitting the need to convert the fiat currencies into USD.
👍2
The Block Crypto News
Binance reiterates assertion it never owned or controlled WazirX amid ongoing $230 million hack fallout
➖ Elf Crypto Alert ➖
Binance reiterates assertion it never owned or controlled WazirX amid ongoing $230 million hack fallout
➖ Elf Crypto Alert ➖
The Block
Binance reiterates assertion it never owned or controlled WazirX amid ongoing $230 million hack fallout
Binance accused a director of WazirX's parent company of making “misleading statements” to the contrary on Tuesday.
👍2
The Block Crypto News
Dragonfly wants to raise $500 million for its fourth fund: report
➖ Elf Crypto Alert ➖
Dragonfly wants to raise $500 million for its fourth fund: report
➖ Elf Crypto Alert ➖
The Block
Dragonfly wants to raise $500 million for its fourth fund: report
Dragonfly previously closed $650 million in oversubscribed financing for its third crypto venture fund in May 2022.
👍2
The Block Crypto News
MoviePass taps Layer 1 network Sui to launch USDC stablecoin payments
➖ Elf Crypto Alert ➖
MoviePass taps Layer 1 network Sui to launch USDC stablecoin payments
➖ Elf Crypto Alert ➖
The Block
MoviePass taps Layer 1 network Sui to launch USDC stablecoin payments
Circle plans on launching the USDC stablecoin on Sui sometime soon, according to Circle CEO Jeremy Allaire.
👍2