PSquare Daily Alpha
1.14K subscribers
10.6K photos
419 videos
10 files
11.6K links
Download Telegram
Media is too big
VIEW IN TELEGRAM
πŸ”” Senator Cynthia Lummis' General Counsel says the SEC gave BNY Mellon a variance approval "to move forward" with Bitcoin and crypto custody.

➑️ Join Us @pSquare_Channel | @pSquare_Chat
πŸ”” Binance launches pre-market spot trading

➑️ Binance launched a pre-market spot trading service, enabling users to take early positions before a token's spot market listing.

➑️ Only selected Binance Launchpool tokens will be available for pre-market trading.

πŸ‘‰ https://www.theblock.co/post/318063/binance-pre-market-spot-trading
πŸ”” Telegram trading robot Banana Gun released details of the attack, which affected 11 users and caused losses of $3 million. All affected users will receive a full refund from the treasury. All targets were "known" in the space. The reason for the attack was a potential vulnerability in the Telegram message oracle.

πŸ‘‰ https://x.com/BananaGunBot/status/1838660010387116484?t=1_Pq62MFGbXRFmqV6r6GQw&s=19
πŸ”” Hamster Kombat, the largest mini-game on TON, will be launched on Binance on September 26. Hamster has 300 million total accounts, 32 million daily active accounts, 82 million monthly active accounts, and more than 55 million bound wallets. Three-quarters of HMSTR tokens were allocated for airdrops, with 60% of the total tokens airdropped at launch. The current OTC price of HMSTR is around $0.01. With 64.375% of the initial circulation, the circulating market value is $643 million.

πŸ‘‰ https://x.com/EmberCN/status/1838765960339296274?t=1P5TXEpNJGJxgUTXSiMa4Q&s=19
πŸ”” Circle is launching a new compliance tool focused on programmable wallets. The service, called Compliance Engine, will help companies build on-chain while meeting strict compliance requirements, including the FATF's travel rule. The system provides methods to program customizable and automated regulatory checks into different decentralized applications.

πŸ‘‰ https://www.theblock.co/post/317958/usdc-issuer-circle-unveils-new-compliance-tool-for-programmable-wallets?utm_source=rss&utm_medium=rss
πŸ”” According to CNBC, SBF's ex-girlfriend and Alameda CEP Caroline Ellison was sentenced to 2 years in prison by a federal judge in New York on Tuesday. While the judge praised Ellison's extensive cooperation with prosecutors, which ultimately led to SBF's conviction, he said Ellison's sentence needed to serve as a deterrent to other potential offenders.

πŸ‘‰ https://www.cnbc.com/2024/09/24/sam-bankman-fried-caroline-ellison-sentenced-ftx-.html
πŸ”” Cryptocurrency exchange Kraken announced the completion of its acquisition of Dutch cryptocurrency broker Coin Meester B.V. (BCM). Kraken currently offers VASP services directly or through partnerships in Germany, Spain, Italy, the Netherlands, Belgium, Ireland, France, and Poland.

πŸ‘‰ https://blog.kraken.com/news/kraken-bcm
πŸ”” Bybit said it launched the World's first Crypto Islamic account. Shariah-Compliant and Initial offerings include spot trading (limited to 75 Shariah-compliant tokens), DCA trading bot, and Spot Grid Bot. Bybit has consulted ZICO Shariah, a licensed Shariah advisory and consulting firm based in Kuala Lumpur, Malaysia.

πŸ‘‰ https://x.com/benbybit/status/1838433659029803046?t=sOmvUI9BcyFpaQOpvd1zAA&s=19
πŸ”” PayPal enables business accounts to buy, hold and sell cryptocurrency

➑️ PayPal announced that it is enabling U.S. merchants to buy, hold, and sell cryptocurrency directly from their PayPal business accounts.

πŸ‘‰ https://newsroom.paypal-corp.com/2024-09-25-PayPal-Enables-Business-Accounts-to-Buy,-Hold-and-Sell-Cryptocurrency
πŸ”” Binance set to list Scroll's token, SCR, for pre-market trading

➑️ Binance is launching pre-market trading for SCR, the native token of Ethereum Layer 2 network Scroll, starting on Oct. 11.

➑️ Users will be able to lock their BNB and FDUSD to receive SCR airdrops over a two-day period, with farming beginning on Oct. 9 at 00:00 (UTC).

πŸ‘‰ https://www.binance.com/en/support/announcement/introducing-scroll-scr-on-binance-launchpool-and-pre-market-22df1ba38f4a4033924a1adecf93735e?hl=en
πŸ”” SEC Reaches Settlement with Trading Firm Over $4M 'AI-Washing' Case

➑️ Rimar Capital LLC, its CEO Itai Liptz, and board member Clifford Boro settled SEC fraud charges for misleading investors about AI-driven trading capabilities, raising $3.73 million. They paid a $310,000 penalty without admitting or denying the allegations.

πŸ‘‰
https://x.com/SECGov/status/1844495679793561791
πŸ”” The Avalanche Foundation is set to repurchase 1.97M Avalanche tokens it sold to the Luna Foundation Guard in April 2022 a month before it’s Terra blockchain ecosystem collapsed.

πŸ‘‰ Source

➑️ Join Us @pSquare_Channel | @pSquare_Chat
This media is not supported in your browser
VIEW IN TELEGRAM
πŸ”” CNBC Arabia discusses Bitcoin mining in the UAE

➑️ Join Us @pSquare_Channel | @pSquare_Chat
πŸ”” According to TokenUnlocks, the single large-amount unlocking in the next 7 days includes ARB AXS EIGEN STRK APE PIXEL ADA PRIME, etc., and the linear large-amount unlocking in the next 7 days includes WLD SOL TAO AVAX SEI NEAR DOT DOGE SUI FIL BEAM ARKM, etc. The total unlocking value exceeds 498 million US dollars.

πŸ‘‰ token.unlocks.app
πŸ”” The Ethena community has initiated a proposal to add SOL as a backing asset for USDe, with a mechanism that is basically the same as the hedging mechanism currently used by Ethena for BTC and ETH perpetual futures. The proposal also includes BNSOL (Binance Liquid Staked SOL) and bbSOL (Bybit Liquid Staked SOL) as backing assets for USDe.

πŸ‘‰ https://gov.ethenafoundation.com/t/proposal-onboard-sol-as-a-usde-backing-asset/232
πŸ”” According to Protos, Bitcoin developers disclosed details of an high-severity software bug.

➑️ Over 13% of the home and business computers around the world that enforce Bitcoin’s rules are vulnerable to a remote shutdown. The bug, named CVE-2024-35202, affects Bitcoin nodes running Core software prior to version 25.0.

➑️ Nodes that have not updated to at least 25.0 allow an attacker to remotely exploit an assertion in the software logic that handles block transaction (β€˜blocktxn’) messages. Credit for discovering and disclosing the vulnerability goes to Niklas GΓΆgge, who also provided the patch implemented in Bitcoin Core v25.0.

πŸ‘‰ https://protos.com/no-auto-update-in-bitcoin-core-means-13-of-nodes-could-crash/
πŸ”” Vitalik: We need to maintain an ecosystem where ethereum people feel they are on the same team, and this has a tech interoperability part, a values/culture part, and an economics part too. EIP-7762, based rollups, other forms of fee sharing, are all valuable places to start.

πŸ‘‰ https://x.com/VitalikButerin/status/1844849559538950588?t=EmTOOE8IN9He8wD-_I6DrA&s=19
πŸ”₯1
πŸ”” James Howells, an IT engineer in Newport, UK, is suing the Newport City Council for Β£495 million (about $647 million) after accidentally discarding a hard drive containing 8,000 bitcoins.

➑️ Howells has tried to retrieve the hard drive from the local landfill, but has been thwarted by the city council, which has repeatedly rejected his requests to dig up the site.

πŸ‘‰ https://cointelegraph.com/news/british-man-sues-council-640m-lost-bitcoin-landfill
πŸ””  $800 billion Standard Chartered says Bitcoin could hit a new ATH before the US election
πŸ”” Binance has expanded its reach in West and Central Africa, integrating mobile money payments for cryptocurrency purchases in six countries.

πŸ‘‰ Source

➑️ Join Us @pSquare_Channel | @pSquare_Chat