๐Ÿ”ฅCrypto News - Crypto World
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Welcome! Here you will find the latest news about the crypto industry๐Ÿ’ฐ

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LAY3R IDO is getting closer ๐Ÿ”ด

To be precise, it's already the 12th of September.

What is
Autolayer?
It's a multi-chain hub for liquid restacking, yield and more.

Also, it's worth highlighting the main investors:
Kucoin Labs, Poolz Ventures, Genesis Block, Stakely, MorningStar Ventures and others.

And highlights
โคต๏ธ
- Vesting: 15% TGE / 6m linear
- TGE: $550,028
- Total number of users to date: +95,000
- $175M in total volume and $56M in weekly volume

Come in and lock in +$250$POOLX for guaranteed distribution ๐Ÿšจ
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๐Ÿคž Cryptocurrency are the key asset for 25 per cent of investors in the US

The basics from the survey:

- Americans need an average annual income of $110,000 to live comfortably.
- 70% believe inflation is preventing them from achieving the life of their dreams.
- 40% believe they will never be able to achieve the life of their dreams.
- members of โ€˜Generation Zโ€™ (ranging from about 12 to 30 years old) are 40% more confident that they can achieve the life of their dreams than members of โ€˜Generation Xโ€™ (roughly 40 to 60 years old).


#investing
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โš™๏ธ Ripple to launch new "multi-purpose tokenisation" standard

Aiming to better support "real world" tokenised assets.

MPT will reportedly combine the benefits of both fungible and non- fungible tokens.

#Ripple #RWA
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๐Ÿš€ Ripple launches new "multi-purpose tokens" token standard on XRP Ledger for tokenisation projects

#XRP #Ripple
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๐Ÿคจ This morning the price of TON dropped to $0.31 on Coinmarketcap

Although on exchanges as well as the Wallet app on Telegram, the price was fine.

As of now, the TON team said they have already fixed the issue โœ”๏ธ

#TON
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๐Ÿ’ฌ Ethereum network revenue has fallen 99% since March this year

This happened after the Dencun hardfork, one of the main components of which was the EIP-4844 update, which implemented the Proto-Danksharding option.

Dencun also allowed to significantly reduce commissions in Ethereum network scaling solutions (L2 and L3) - currently 74 Layer-2 and 21 Layer-3 projects are fully up and running.

#eth
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๐Ÿ˜” Cardano founder Charles Hoskinson criticised Bitcoin for its lack of innovation

And also stated that it could gradually lose its position in the market.

While BTC supporter Tuur Demester pointed out that in just 3 years Cardano has gone from 10% of bitcoin's market value to a measly 1% and has fallen out of the top 10, and ADA prices have fallen 89.2% from ATH in September 2021.

#ADA #BTC
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๐Ÿ› Half of tap-to-earn app users are new to crypto

Gleb Kostarev said that half of the 50 million users who have registered on Telegram app Blum are absolute beginners in cryptocurrencies.

The emergence of tap-to-earn gaming apps on Telegram marked the beginning of the most mass adoption of cryptocurrency in recent years.

#Telegram #Blum
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โŒ›๏ธ The probability of the Fed cutting the interest rate by 25 points has already been estimated on Polymarket

Users of the platform believe that the Fed will cut the interest rate by 25 basis points with a 77% probability. The next meeting is scheduled for 17-18 September 2024.

The overall probability of a rate cut is 98%. The pool of put funds for this position has reached $10.9 million.

#polymarket #fed
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๐Ÿ“‰Bitcoin fell below $56,000 overnight

Ethereum tested the $2300 level, with cumulative liquidations approaching $200 million.

#btc #eth
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๐Ÿ”ต Protos and CK Pool visualised the performance of solo miners over the last decade

During this period, โ€˜solo minersโ€™ mined 329 blocks.

Contrary to the increasing difficulty of mining and the industrialisation of the trend, solo block finds have been noticeably more frequent in recent years.

#mining #CKPool
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โฌ‡๏ธ Collected the top important network updates of this week

1๏ธโƒฃ Fantom is launching its biggest update this week called Sonic

2๏ธโƒฃ Arbitrum's Stylus update is scheduled for 3 September

3๏ธโƒฃ Polygon's MATIC token MATIC will be renamed POL on 4 September.

#tokens #updates
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๐Ÿ˜ฎ Polymarket has been successfully integrated into the Bloomberg trading terminal

This is according to its founder Shane Coplan.

#polymarket
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๐Ÿ“‰ Nvidia shares have fallen almost 10% in the last 24 hours

In a day, $300 billion of capitalisation was lost, making it the biggest one-day drop in the history of the US market.

The share price collapsed due to news of an antitrust investigation against Nvidia.

#nvidia
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๐Ÿ’ฌ Hackers hacked the Penpie protocol for $27 million

In this way, the attackers managed to get hold of assets worth about $27 million. The hackers channelled some of the funds to cryptomixer Tornado Cash.

#scam #penpie
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๐Ÿ”ต Arthur Hayes is looking in a bearish direction

Unexpectedly, he stated that Bitcoin could fall to $50k and altcoins will become worthless.

He also states that the only addition to the portfolio is to increase position size โ€˜in safe altcoins.โ€™

#hayes
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