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.
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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.
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📊 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.
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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.
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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.
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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.
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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.
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The Block Crypto News
TON Foundation collaborates with Curve Finance to incubate stablecoin swap project
➖ Elf Crypto Alert ➖
TON Foundation collaborates with Curve Finance to incubate stablecoin swap project
➖ Elf Crypto Alert ➖
The Block
TON Foundation collaborates with Curve Finance to incubate stablecoin swap project
The TON Foundation has announced a partnership with Curve Finance to incubate a new TON-based stable swap project.
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The Block Crypto News
Coinbase reports ‘degraded performance’ for Polygon transactions shortly after network upgrade
➖ Elf Crypto Alert ➖
Coinbase reports ‘degraded performance’ for Polygon transactions shortly after network upgrade
➖ Elf Crypto Alert ➖
The Block
Coinbase reports 'degraded performance' for Polygon transactions shortly after network upgrade
Polygon, one of the most popular Ethereum scaling layers, recently launched its new POL token as part of a network-wide upgrade.
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The Block Crypto News
Auditor Prager Metis settles SEC charges for negligence while investigating FTX
➖ Elf Crypto Alert ➖
Auditor Prager Metis settles SEC charges for negligence while investigating FTX
➖ Elf Crypto Alert ➖
The Block
Auditor Prager Metis settles SEC charges for negligence while investigating FTX
Audit firm Prager Metis agreed to settle charges with the Securities and Exchange Commission related to its investigation of FTX.
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The Block Crypto News
The Daily: WalletConnect to airdrop 185 million WCT, Trump-backed World Liberty Financial unveils WLFI token plans and more
➖ Elf Crypto Alert ➖
The Daily: WalletConnect to airdrop 185 million WCT, Trump-backed World Liberty Financial unveils WLFI token plans and more
➖ Elf Crypto Alert ➖
The Block
The Daily: WalletConnect to airdrop 185 million WCT, Trump-backed World Liberty Financial unveils WLFI token plans 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
The Scoop: As the world looks to Singapore, don’t sleep on Japan
➖ Elf Crypto Alert ➖
The Scoop: As the world looks to Singapore, don’t sleep on Japan
➖ Elf Crypto Alert ➖
The Block
The Scoop: As the world looks to Singapore, don't sleep on Japan
Conferences like Token2049 tend to expose Western audiences to what's happening in the East, highlighting the cultural differences and distinct ways in which the markets operate.
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The Block Crypto News
CleanSpark buys two bitcoin mining sites in Mississippi for $5.775 million
➖ Elf Crypto Alert ➖
CleanSpark buys two bitcoin mining sites in Mississippi for $5.775 million
➖ Elf Crypto Alert ➖
The Block
CleanSpark buys two bitcoin mining sites in Mississippi for $5.775 million
The bitcoin miner has been on a bit of a buying spree of late and the latest acquisitions will support a total of 16.5 MW.
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The Block Crypto News
CFTC Chair Behnam warns of election betting risks, says agency is keeping an eye on offshore prediction markets
➖ Elf Crypto Alert ➖
CFTC Chair Behnam warns of election betting risks, says agency is keeping an eye on offshore prediction markets
➖ Elf Crypto Alert ➖
The Block
CFTC Chair Behnam warns of election betting risks, says agency is keeping an eye on offshore prediction markets
U.S. CFTC Chair Rostin Behnam said his agency will keep making the case against Kalshi while also keeping an eye on offshore prediction markets.
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The Block Crypto News
Galaxy exec says Wall Street intermediaries are ‘proactively pushing the bitcoin story’
➖ Elf Crypto Alert ➖
Galaxy exec says Wall Street intermediaries are ‘proactively pushing the bitcoin story’
➖ Elf Crypto Alert ➖
The Block
Galaxy exec says Wall Street intermediaries are 'proactively pushing the bitcoin story'
Galaxy Digital's Steve Kurz shares how Galaxy is facilitating the institutionalization of crypto's capital markets.
The Block Crypto News
Coinbase’s Base Layer 2 shatters transaction records with over 4.5 million in a single day
➖ Elf Crypto Alert ➖
Coinbase’s Base Layer 2 shatters transaction records with over 4.5 million in a single day
➖ Elf Crypto Alert ➖
The Block
Coinbase's Base Layer 2 shatters transaction records with over 4.5 million in a single day
The surge in transactions represents a significant leap from Base's impressive performance, highlighting its rapid adoption and scalability.
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The Block Crypto News
SEC charges NanoBit and CoinW6 in alleged ‘relationship investment scams’ using social media
➖ Elf Crypto Alert ➖
SEC charges NanoBit and CoinW6 in alleged ‘relationship investment scams’ using social media
➖ Elf Crypto Alert ➖
The Block
SEC charges NanoBit and CoinW6 in alleged 'relationship investment scams' using social media
The U.S. SEC accused two alleged fake crypto platforms, NanoBit and CoinW6, of lying to investors and stealing their money.
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The Block Crypto News
In letter to Gensler, Republicans urge SEC to clarify how it treats crypto airdrops
➖ Elf Crypto Alert ➖
In letter to Gensler, Republicans urge SEC to clarify how it treats crypto airdrops
➖ Elf Crypto Alert ➖
The Block
In letter to Gensler, Republicans urge SEC to clarify how it treats crypto airdrops
Top Republican lawmakers say they want clear answers on how the U.S. SEC views airdrops in the crypto industry.
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The Block Crypto News
Circle is launching USDC on Sui, marking its 15th network integration
➖ Elf Crypto Alert ➖
Circle is launching USDC on Sui, marking its 15th network integration
➖ Elf Crypto Alert ➖
The Block
Circle is launching USDC on Sui, marking its 15th network integration
SUI, the network’s native token, is up over 10% following the news and currently exchanging hands for $1.15.
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