Bloomberg.com
Coinbase to Delist Non-Compliant Stablecoins in EU in December
Coinbase Global Inc. will delist all unauthorized stablecoins from its crypto exchange in the European Economic Area by year-end, a potential blow for tokens like Tether Holdings Ltd.’s USDT.
Coinbase to delist stablecoins that do not comply with MiCA requirements in the EU in December. #USDT may also face delisting — BBG
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CoinPedia
Stablecoin Issuer Tether To Develop New Solution for European Market
Tether is preparing to launch a new technology specifically for the European market. This strategic move comes in response to changing regulatory
Tether announced that it is developing a technological solution tailored for the European market.
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X (formerly Twitter)
ZachXBT (@zachxbt) on X
In April 2024 an elderly victim from the US was targeted by Indian call scammers posing as Coinbase support resulting in a large portion of their life savings stolen.
Pleased to share that I helped recover $275K which was recently seized and will be sent…
Pleased to share that I helped recover $275K which was recently seized and will be sent…
Renowned crypto detective ZachXBT helped recover $275,000 in crypto for an elderly American woman who was scammed by Indian fraudsters posing as Coinbase support in April 2024 — the funds have been recovered and will soon be returned to the owner.
ZachXBT also added that this criminal group has stolen and laundered at least $5,000,000.
ZachXBT also added that this criminal group has stolen and laundered at least $5,000,000.
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The Block
JPMorgan analysts identify key catalysts shaping crypto's near-term outlook
JPMorgan analysts identified several key factors that could drive the cryptocurrency market in coming months.
PMorgan analysts identified key catalysts that are likely to shape the cryptocurrency market in the coming months:
Seasonality (Uptober)
Fed rate cuts
The "Pectra" update in ETH
However, the market will still depend on macroeconomic factors, analysts noted.
Seasonality (Uptober)
Fed rate cuts
The "Pectra" update in ETH
However, the market will still depend on macroeconomic factors, analysts noted.
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Mobile has taken a huge step forward by adding the option to pay for eSIMs with cryptocurrencies: TON, USDT, and BTC.
Now, paying for your mobile service and internet through Wallet Pay takes just a few clicks.
And yes, forget about QR codes — setting up an eSIM on your iPhone has never been easier and more convenient!
Mobile shows how crypto and blockchain can truly simplify our lives, offering new ways to manage mobile connectivity.
Whether you're at home or traveling, eSIM is perfect for everyone.
Try Mobile and experience all the benefits today.
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DeBank
DeBank | Your go-to portfolio tracker for Ethereum and EVM
A wallet associated with Continue Capital lost 15,079 ETH ($36 million) by signing a phishing transaction.
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The Block
MicroStrategy eyes trillion-dollar valuation in bitcoin bank endgame, Michael Saylor tells Bernstein
MicroStrategy seeks to borrow money at low rates, offer slightly higher rates to lenders, and invest those funds into bitcoin.
Michael Saylor aims to turn MicroStrategy into a company worth $1 trillion+ – Bernstein
Goal: to make MicroStrategy the leading "Bitcoin bank."
Goal: to make MicroStrategy the leading "Bitcoin bank."
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DWF Labs founder Andrei Grachev announced that the brand for the revenue-generating synthetic stablecoin by DWF Labs has been finalized. It will be called Falcon Finance, and there will be two versions of this stablecoin: #USDf and #USDwf, with new updates coming soon.
X (formerly Twitter)
Andrei Grachev 🦅🟠 $FF (@ag_dwf) on X
Update
We finalized branding for @DWFLabs yield-bearing synthetic stablecoin. It will be called:
Falcon Finance
And the stable coin will have two versions USDf and USDwf
Stay tuned, more updates are coming
We finalized branding for @DWFLabs yield-bearing synthetic stablecoin. It will be called:
Falcon Finance
And the stable coin will have two versions USDf and USDwf
Stay tuned, more updates are coming
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Who Will Profit from Uniswap Exchange's Unichain Network?
Developers designed the Unichain network with an "Apple-like approach," where the software requires a corresponding approach to hardware for smooth operation. The Uniswap Labs team aims to simplify user interaction with DeFi applications while simultaneously increasing liquidity across the entire sector.
Given the future operational structure, the main beneficiaries of the network's performance will be validators, holders of the native UNI token, the Optimism network (on which Unichain is built), and liquidity providers.
Uniswap is the largest protocol on the Ethereum network in terms of fees paid by users for transactions on the exchange. In the past month alone, users paid nearly $14 million just to initiate operations on the platform.
Since developers are discussing a 95% reduction in transaction costs compared to Ethereum, this could attract additional users and generate extra trading volume for the exchange.
Developers designed the Unichain network with an "Apple-like approach," where the software requires a corresponding approach to hardware for smooth operation. The Uniswap Labs team aims to simplify user interaction with DeFi applications while simultaneously increasing liquidity across the entire sector.
Given the future operational structure, the main beneficiaries of the network's performance will be validators, holders of the native UNI token, the Optimism network (on which Unichain is built), and liquidity providers.
Uniswap is the largest protocol on the Ethereum network in terms of fees paid by users for transactions on the exchange. In the past month alone, users paid nearly $14 million just to initiate operations on the platform.
Since developers are discussing a 95% reduction in transaction costs compared to Ethereum, this could attract additional users and generate extra trading volume for the exchange.
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Ripple's stablecoin is "ready for launch," awaiting only approval from the New York Department of Financial Services (NYDFS).
Ripple has already chosen partners, including exchanges and market makers, to facilitate the operation of RLUSD
Ripple has already chosen partners, including exchanges and market makers, to facilitate the operation of RLUSD
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Reuters
Ripple challenges industry giants with new stablecoin
Crypto firm Ripple launched a stablecoin pegged to the U.S. dollar on Tuesday, looking to disrupt a market in which the top two incumbents account for nearly 90% of the value.
Reuters reports: "Ripple challenges industry giants with its new stablecoin."
– The company has officially announced the launch of #RLUSD, a stablecoin set to compete with heavyweights like #USDT and #USDC.
– Initially, Ripple’s stablecoin will be listed on exchanges including Bitstamp, Bitso, Bullish, CoinMENA, Independent Reserve, MoonPay, and Uphold.
– Keyrock and B2C2 will serve as market makers.
– The company has officially announced the launch of #RLUSD, a stablecoin set to compete with heavyweights like #USDT and #USDC.
– Initially, Ripple’s stablecoin will be listed on exchanges including Bitstamp, Bitso, Bullish, CoinMENA, Independent Reserve, MoonPay, and Uphold.
– Keyrock and B2C2 will serve as market makers.
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CNBC
Amazon goes nuclear, to invest more than $500 million to develop small modular reactors
Amazon is the latest large tech company to buy into nuclear power to fuel the growing demands from data centers.
Amazon has invested more than $500 million in the development of small modular nuclear reactors, planning to use nuclear energy to power its AI centers and data centers.
Earlier, Google also announced its plans to utilize nuclear power for the development of AI infrastructure.
Earlier, Google also announced its plans to utilize nuclear power for the development of AI infrastructure.
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🔍 Bitcoin Support and Resistance Analysis
The latest data from IntoTheBlock highlights some key levels for $BTC.
🟢 Support Zone:
$61,045 - $63,075
With 2.4 million addresses holding at this level, strong buyer interest can be expected.
🔴 Resistance Zone:
$67,063 - $67,535
Around 1.54 million addresses hold BTC in this range, with an average price of $66,052.
These zones can provide insight into potential areas of support and resistance.
The latest data from IntoTheBlock highlights some key levels for $BTC.
🟢 Support Zone:
$61,045 - $63,075
With 2.4 million addresses holding at this level, strong buyer interest can be expected.
🔴 Resistance Zone:
$67,063 - $67,535
Around 1.54 million addresses hold BTC in this range, with an average price of $66,052.
These zones can provide insight into potential areas of support and resistance.
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