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$LUNC’s v3.1.5 upgrade includes a critical security fix and enhanced transaction efficiency. @Binance supports the upgrade by suspending deposits/withdrawals temporarily. Despite the upgrade, $LUNC and $USTC prices dipped due to broader market sentiment.
TrueX, a new stablecoin exchange by ex-Coinbase execs, adopts PayPal’s $PYUSD as its primary stablecoin. The non-custodial platform raised $9M from Paxos, Hack VC, and RRE Ventures, aiming to enhance security and trust in the crypto market.
Cardano’s new NIGHT token aims to enhance network governance and transparency, while the DUST token focuses on transaction privacy. With TypeScript for smart contracts, the ecosystem is set for growth, potentially boosting $ADA value.
Arthur Hayes warns that a Fed rate cut could trigger a Bitcoin and crypto market crash. He predicts a 60-70% chance of a 50 bps cut, which may lead to market instability. Investors should consider Treasury bills and Ethereum.
Worldcoin introduces World ID verification in Warsaw using Orb biometric tech to distinguish humans from AI bots. $WLD token price jumps 5% to $1.52, with a 30% increase in 24-hour trading volume to $99 million.
Anthony Scaramucci predicts Bitcoin ($BTC) could hit $100K, driven by potential U.S. Fed rate cuts and presidential elections. Recent BTC surge to $60K and increased institutional inflows reflect market optimism. Regulatory changes may support further growth.
BitGo to launch $USDS stablecoin in Jan 2025, backed by Treasury bills, overnight repos, and cash. USDS will reward institutions for liquidity provision, sharing monthly returns from assets. BitGo targets $10B in assets within a year.
Bitcoin surged 4.5% to $60,500 ahead of the FOMC meeting. A break above $61,900 could trigger the next bull run, while the market is split on the Fed’s rate cut. More liquidity may fuel $BTC’s rally.
Cyber Capital CIO Justin Bons dispels FUD, asserting $SOL’s economic model is robust and sustainable. Bons likens Solana’s design to $BTC and $ETH, noting its favorable token distribution and scalable architecture compared to Ethereum’s EIP-1559. @Solana
Circle integrates PIX in Brazil and SPEI in Mexico, enabling local USDC access through banks. This move reduces transaction times and costs, potentially benefiting Mexico’s $63B remittance market and setting a precedent for blockchain finance in emerging markets.
TON Foundation collaborates with Curve Finance to enhance stablecoin trading using CFMM technology. Toncoin price rises 2.31%, with trading volume up 8.84%, signaling increased market interest. Potential rally could see $TON break the $8 mark.
Dragonfly Capital aims to raise $500M for its fourth fund, targeting early-stage crypto projects. The firm has secured $250M internally and plans to complete fundraising by Q1 next year, aligning with broader crypto venture capital trends.
The Human Rights Foundation allocates $590K in Bitcoin to 20 global projects, focusing on Bitcoin education, development, mining decentralization, and privacy tools, benefiting regions like Latin America, Asia, and Africa.
IoTeX partners with @0xPolygonLabs to integrate AggLayer, enhancing cross-chain capabilities and liquidity for DePIN projects. AggLayer’s zero-knowledge proofs ensure secure, private transactions, aiming to revolutionize decentralized physical infrastructure networks by enabling seamless multichain environments.
