BTC mining profitability has been declining for the third consecutive month and remains at a record low, while the hashrate is increasing and the BTC price remains stable.
Times are tough for miners — JPMorgan
Times are tough for miners — JPMorgan
Coindesk
Bitcoin Mining Profitability Fell for Third Straight Month in September: JPMorgan
Daily block reward gross profit fell to the lowest "on recent record" last month, the report said.
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CoinDesk
Franklin Templeton Adds Aptos Blockchain to Support Tokenized Money Market Fund
Aptos {{APT}}, the Layer 1 blockchain inspired by the discontinued Diem (formerly Libra) blockchain developed by Meta, has become the latest where Franklin Templeton’s OnChain U.S. Government Money Market Fund (FOBXX) can be traded.
Franklin Templeton has added the Aptos blockchain to support its tokenized money market fund
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The Block
SEC appeals Ripple case ruling, citing conflict with Supreme Court precedent
"We believe that the district court decision in the Ripple matter conflicts with decades of Supreme Court precedent and securities law," an SEC spokesperson said.
The SEC is appealing the previous court ruling in the Ripple case, where the judge ordered the company to pay a civil penalty of $125 million, which is significantly less than the $2 billion requested by the SEC.
Ripple's CEO stated that they are ready to fight until the end.
Ripple's CEO stated that they are ready to fight until the end.
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Binance Labs invested in the ZKsync Sophon network
The Block
Binance Labs invests in ZKsync 'elastic chain' Sophon in token round
Binance Labs has invested an undisclosed sum in ZKsync 'elastic chain' Sophon ahead of its mainnet launch and token deployment next month.
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Cointelegraph
Tether is ‘best friend’ of US, says CEO Paolo Ardoinopost.title.seo-tail
As Tether’s 10-year anniversary approaches, its CEO Paolo Ardoino discusses what helped the company become one of the industry’s most significant and profitable players.
Paolo Ardoino stated that Tether is the best friend of the U.S. government.
Tether holds more U.S. Treasury securities than Germany, much more than any other competitor or any other financial institution in the world.
Tether holds more U.S. Treasury securities than Germany, much more than any other competitor or any other financial institution in the world.
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The Block
JPMorgan says geopolitical risk could drive investors to gold and bitcoin
Analysts at JPMorgan suggest geopolitical risk could lead investors to adopt a "debasement trade" strategy, favoring gold and bitcoin.
JPMorgan believes that globally, demand for BTC is growing due to four reasons:
▪️Increasing global tensions since 2022.
▪️Rising concerns about inflation.
▪️Budget deficits in developed countries.
▪️Sharp decline in trust in fiat currencies.
▪️Increasing global tensions since 2022.
▪️Rising concerns about inflation.
▪️Budget deficits in developed countries.
▪️Sharp decline in trust in fiat currencies.
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Cointelegraph
New Ethereum proposal aims to increase throughput by 50%
A new Ethereum Improvement Proposal, EIP-7781, aims to reduce block times by four seconds, increase short-term data capacity, and make DEXs more efficient.
Developers have submitted a new proposal for improving Ethereum.
If approved, the new update EIP-7781 will reduce block times on the network by 33% and increase data capacity — overall throughput will increase by 50%.
If approved, the new update EIP-7781 will reduce block times on the network by 33% and increase data capacity — overall throughput will increase by 50%.
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The Block
US bankruptcy judge approves FTX reorganization plan, two years after the exchange's collapse
A U.S. judge has approved FTX's bankruptcy plan, two years after the crypto exchange collapsed following allegations of fraud and misconduct.
FTX will fully repay $16 billion in debts to users — the court has approved the bankruptcy plan:
✏️ Payments under $50,000 — Q4 2024
✏️ Payments over $50,000 — Q1-Q2 2025.
✏️ Payments under $50,000 — Q4 2024
✏️ Payments over $50,000 — Q1-Q2 2025.
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Binance
Introducing Scroll (SCR) on Binance Launchpool and Pre-Market! | Binance Support
IMPORTANT: Binance will be the first platform to list the token mentioned herein, with Pre-Market trading starting at 2024-10-11 10:00 (UTC) . Any claims to offer this token for sale before the sta...
Scroll (SCR) has become the latest project on Binance Launchpool.
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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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Helium Mobile Blog
Partnering with Ameriband to Expand the Helium Network
We’ve partnered with American Bandwidth (Ameriband), a leader in Wi-Fi infrastructure, to expand Helium – the world’s largest people-powered network!
Helium announced yesterday a partnership with American Bandwidth (Ameriband) to expand the Helium network by integrating Ameriband Data-Only hotspots across the U.S.
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BBG reports on higher-than-expected inflation data in the U.S. for September.
Markets are actively pricing in a 0.25% rate cut at the next meeting, with no further expectations for a 0.5% cut.
Markets are actively pricing in a 0.25% rate cut at the next meeting, with no further expectations for a 0.5% cut.
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Aethir launches a $100 million fund to accelerate AI and gaming innovations.
Cointelegraph
Aethir launches $100M fund to accelerate AI, gaming innovation
Aethir unveils a $100 million ecosystem fund, which will distribute 336 million ATH tokens to support AI and gaming innovation through high-performance GPU access.
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The Block
Trump-linked World Liberty Financial to raise $300 million at $1.5 billion valuation: Roadmap
After the WLFI tokens are launched, they will be non-transferable for the first 12 months but can be used for voting.
According to the roadmap, World Liberty Financial, a DeFi project created and supported by Trump's family and friends, plans to raise $300 million through a token sale next week. The project could receive an initial valuation of $1.5 billion.
This valuation means that Aave DAO's (#AAVE) stake in WLFI will be valued at $105 million.
This valuation means that Aave DAO's (#AAVE) stake in WLFI will be valued at $105 million.
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