🖐 Paxos, Tether and Circle, have frozen nearly $5,000,000 in crypto on their wallets

All of them are linked to North Korean hacker group Lazarus.

Plus, Lazarus was found to have withdrawn more than $200,000,000,000 stolen from 25 attacks on various blockchains into fiat over three years.

#scam

🔼DeFi lending markets are starting to wake up amid falling interest rates

This was stated by Bernstein analysts.

Experts expect that yields in DeFi could exceed 5 per cent, which would outpace the yields of US dollar money market funds.

#defi

💬 Bitwise CIO Matt Hougan has backed the launch of an ETF on memcoins

I'd rather they invest in memcoins via ETFs than FTX.

#Bitwise #memcoin

💀 Bitcoin kit wakes up after 11 years of hibernation

On 16 September 2024, an unknown bitcoin whale sent 43 BTC to another address.

The first cryptocurrency hodler received assets in November and December 2013. If he moved his assets for sale, the profit was about $2.52 million.

In almost 11 years, the user has received about 70 Xs.

#whale #btc

🎉 Trump's family's World Liberty Financial project is already up and running

The WLFI token will be distributed as follows: 63% will be sold to the public, 17% as a reward to users and 20% as a reward to the team.

#WLFI

🔈 Sui Network has partnered with One Championship

The mobile game ONE Fight Arena will be launched on the Sui blockchain with the support of Animoca Brands.

Sui Network will also add USDC support to increase liquidity.

#sui #usdc

💀 Alex Mashinsky (ex-CEO of cryptolending platform Celsius) faces 115 years in prison on a number of charges

The defence said that Mashinsky "did not want to harm anyone".

#celsius

💀 Binance has called on Zettai to pay out funds to customers affected by the hack on 18 July

So during the hacker attack $235 million was stolen - according to the statement of the CEO of the exchange in the court of Singapore, it is about half of the assets of WazirX.

Binance claims top management is trying to shift responsibility and mislead customers about the relationship between the companies.

#Binance #WazirX

⚡️ Perhaps Uber CEO will add BTC as a means of payment

There is no official confirmation anywhere, but now many companies are trying to build up bitcoin positions.

As an example, Marathon Digital (one of the largest US publicly traded mining companies) has already 26,200 BTC ($1.5bn) on its balance sheet.

#btc #uber

🟢 CFTC Chairman, Rostin Benham, stated that they are scrutinising offshore betting platforms with US users

And also promised to take action against any violators.

#cftc

🎆 1inch launches crosschain swaps solution

The aggregator's team presented the Fusion+ update, which includes the ability to conduct crosschain swaps. The project developers told Incrypted about it.

Fusion+ offers a decentralised, self-sufficient solution that leverages greater liquidity, ‘ensuring users get the best rates and security.’

#1inch #fusion

🇦🇪 Microsoft and with G42 are establishing two AI centres in Abu Dhabi

One of the new centres will focus on developing industry standards for the moral and responsible use of AI.

#AI

🔝 15 blockchain ecosystems by level of activity on GitHub over the past year

🗣ETH Ethereum: +0.8% YoY
🗣BNB BNB Chain: +3.0%
🗣POL Polygon: -1.6%
🗣ATOM Cosmos: +7.9%
🗣ARB Arbitrum: +11.6%
🗣OP Optimism: +39.3%
🗣AVAX Avalanche: +16.6%
🗣ONE Harmony: +5.9%
🗣DOT Polkadot: +1.8%
🗣SOL Solana: +12.1%
🗣OSMO Osmosis: +10.7%
🗣ADA Cardano: +16.3%
🗣GNO Gnosis: +2.4%
🗣FTM Fantom: +31.7%
🗣NEAR Near: +2.6%

#blockchain

💀 BNB Chain announced the launch of gas-free transactions

Specifically for USDT, USDC and FDUSD stablecoins.

Bitget Wallet and SafePal have already integrated this feature, and Binance Wallet and Trust Wallet will soon follow suit.

#BNB

📊 In 2024 only 42 projects will surpass bitcoin in terms of price growth

That said, 11 of the top tokens are memcoins.

#projects #btc

☄️The Fed lowered the rate by 0.5%, to 5%

This is the first cut since March 2020.

Also from the accompanying letter:
- Economic activity continues to expand at a solid pace.
- Job growth has slowed.
- The unemployment rate has risen but remains low.
- Inflation is moving steadily toward the 2% target.
- The economic outlook is uncertain. The Fed's further QE depends on macro data.

#fed

🔥Crypto News - Crypto World

🗣️ A 50 bp rate cut should not be perceived as the new normal" - Fed chief

During the press conference Jerome Powell said that the Fed will make rate decisions from meeting to meeting based on economic data and conditions.

He indicated that the US central bank may slow the pace of rate cuts or pause if it deems it necessary.

He also noted that the US economy is in good shape and the risks to the Fed's mandate of maximising employment and price stability are broadly balanced.

Inflation has declined but remains above the 2% target.

Crypto News — Crypto World

💵Digital bank Revolut to launch its own stablecoin

The fintech giant serves more than 45,000,000 customers.

Crypto News - Crypto World