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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๐Ÿ’€ A debate between Kamala Harris and Donald Trump took place overnight in the US

They ended without mentioning cryptocurrencies.

According to experts, the debate ended with Harris' victory. Her chances of winning the election on Polymarket have again increased to 49% (Trump's are 50%).

#Polymarket #USA
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๐ŸŸข Tether, TRON DAO and TRM Labs have teamed up to fight illegal activities

The goal is to crack down on the use of USDT on the TRON blockchain for illegal activity. This network accounts for half of the circulating supply of the stablecoin.

#tether #tron #trm
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๐Ÿ“‰ In August, trading volume on the CEX increased by 30 per cent

This is according to the data of Colin Wu. KuCoin, Crypto com and MEXC are the leaders in terms of growth.

MEXC also leads in terms of attracted traffic with an increase of 160%. Closest competitors Gate and Deribit recorded 24% and 17% growth respectively.

#CEX
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๐Ÿ‡ฆ๐Ÿ‡ช Standard Chartered has received approval from UAE regulator to provide cryptocurrency custody services

#uae
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๐Ÿ˜Ž A lone miner earned $181,000 from mining the blockchain

Solo CK Pool was responsible for the processing.

#mining
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โšก๏ธ US Consumer Price Index

Which shows inflation, decreased to 2.5 per cent in the month. The previous reading was 2.9 per cent.

#USA #CPI
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๐Ÿ˜ฎ A year earlier, Tether had generated more revenue than BlackRock

Surprising? A little yes, as Tether has less than 100 employees while BlackRock has 20,000.

And the numbers are as follows:
Tether - $6.2bn.
BlackRock - $5.5bn.


#Tether #BlackRock
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๐Ÿคก Political meme tokens are the trend of the year

After all, after the debates, for example, all tokens related to Donald Trump collapsed, while the few meme tokens of Kamala Harris - gave a good profit.

It is worth noting that the capitalisation of political meme tokens is currently around $500,000,000,000 and the daily trading volume is $200,000,000,000.

#meme #tokens
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๐Ÿ–ฅ The Wall Street Journal published an article about USDT and Tether

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Every day $190bn passes through Tether - roughly the amount that passes through Visa cards.

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USDT has become a major tool for moving assets abroad, and Russia, Venezuela and Iran are using USDT to circumvent sanctions and deals with China.

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Tether is creating a parallel economy that operates beyond the reach of US law enforcement.

#Tether #USDT
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๐Ÿ•ฏ Correlation of CPI with bitcoin exchange rate over distance

Visualisation from Lookonchain analysts.

#Lookonchain #CPI
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โœ… Standards for steiblcoin issuers in the EU will be approved by the end of the year

The requirements cover aspects of operations such as stablecoin authorisation, stress testing, methods for assessing the number and value of transactions.

#stablecoin
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๐Ÿ’€ Vega Protocol have ceased to exist

Community members voted in favour of closing the network and discontinuing support for the VEGA token due to the low popularity of the project.

The network will continue to operate until at least 27 October to give users time to withdraw funds.

#Vega
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๐Ÿ””Detailed guide to LAY3R IDO

LAY3R Lunch will take place at:

Ape Terminal - 12 September;
Chain GPT - TBA;
Magic Launchpad - 23 September;
Poolz - 23 September.

#LAY3R
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๐Ÿ˜ณ Gary Gensler has come under scrutiny

Republicans in the U.S. House of Representatives have taken aim at the head of the SEC for politically motivated hiring at the agency that violates federal law.

#SEC
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๐Ÿ—ฃ Vitalik Buterin announced a change of approach to mentioning L2 solutions

Starting next year, he will only speak publicly about projects at "stage 1+".

This stage means that the board has reached a 75% consensus to make important changes, 26% or more of the board members must not be part of the team.

#Buterin #L2
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๐Ÿ’ฌ Cryptocurrency exchange Coinbase has launched a wrapped version of bitcoin

The token will work on Base and Ethereum networks.

The asset is backed by bitcoin stored on Coinbase at a 1:1 ratio.

#coinbase
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