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Osmosis unveils Polaris, enabling wallet-agnostic, one-click cross-chain trading. Users can manage and track assets across ecosystems, with automated conversions and gas token acquisition. Polaris integrates with various liquidity venues and bridges, enhancing scalability and flexibility.
$ADA founder Charles Hoskinson refutes claims of locked staking, emphasizing Cardano’s liquid staking model. Cardano hits new milestones with the first phase of the Chang Hard Fork and increased network activity. @Cardano_Community
Crypto market faces pressure as $BTC sees $983M outflows, $ETH loses $103.5M in two weeks. Stablecoin supply drops $450M, reflecting investor caution. Election uncertainty and weak macro data add to market woes.
Tether, @Tronfoundation, and @trmlabs collaborate to combat USDT crime on TRON amid rising concerns. Nearly 50% of Tether’s $118B USDT supply is on TRON. Partnership aims to enhance blockchain security and promote crypto education.
VanEck will liquidate its Ethereum futures ETF, $EFUT, by Sept. 16, 2024, due to performance and low investor interest. Focus shifts to the newly SEC-approved spot Ethereum ETP, $ETHV. This highlights a trend towards spot ETFs over futures.
Cardano founder Charles Hoskinson opposes burning 1.5 billion $ADA tokens, calling it theft from SPOs and holders. The proposal, sparked by community member Big Pey, has led to mixed reactions amid Cardano’s governance shift post-Chang hard fork.
PixelRealm partners with Neon EVM to bring Ethereum games to Solana, reducing development costs and time. Blockchain gaming sees renewed interest with $580M invested in 2024. PixelRealm, supported by Binance Labs and Polygon Studios, serves over 120,000 players.
WazirX hacker launders $10M via Tornado Cash. Cyvers reports 5,000 ETH moved to a new wallet, mirroring Lazarus Group tactics. WazirX allows 66% INR token withdrawals amid restructuring and user discontent.
Monochrome Asset Management seeks approval for an Ethereum ETF under ticker $IETH on Cboe Australia, aiming to provide regulated exposure for retail investors. This follows their successful Bitcoin ETF, $IBTC, highlighting Monochrome’s role in Australia’s crypto ETF market.
Polygon’s $MATIC tokens on PoS Chain are upgraded to $POL, now serving as the native gas and staking token with a 2% annual emissions rate. Despite this, $POL’s value fell by 10%, reflecting broader market trends.
Cantor Fitzgerald CEO Howard Lutnick predicts U.S. banks will hold and trade $BTC within five years, driven by regulatory changes. The firm plans a $2 billion Bitcoin lending initiative and supports stablecoins like Tether for economic benefits.
Ethereum ETFs face early challenges as US-traded funds see $476M outflows and Grayscale’s ETHE loses $2.6B. However, BlackRock’s ETHA and Fidelity’s FETH gain $1B and $393M, respectively, signaling a resilient future for $ETH ETFs.
Potato Cat revolutionizes NFT trading on $SOL by eliminating bid/ask spread losses with a seamless swap marketplace and a proposal engine for fair deals. Users earn “Potatoes” rewards, and a memecoin launch is planned.
Crypto ETFs dominate U.S. market in 2024, comprising over half of new ETF launches. Spot Bitcoin ETFs lead with $2B YTD flows. Notable funds include Franklin Templeton’s $EZBC and Fidelity’s $FETH. $IBIT sees $210M inflows amid market outflows.
