Big Cap
Just months after acquiring the Swiss custody startup Metaco, Ripple continues its acquisition spree with Fortress Trust. Ripple Seeks to Acquire Fortress Trust, a Blockchain Infrastructure Firm. Image: CoinDesk Ripple has announced its intention to acquire Fortress Trust, a company specializing in blockchain infrastructure. In a statement released this morning
DeFi
Key Announcement Infura, a critical infrastructure protocol for Ethereum, has announced plans to decentralize its operations starting from late 2023. This move aims to enhance the reliability and security of the service by distributing control and minimizing the risks associated with centralized management. Transition to Decentralization Currently managed solely by
NFT & GameFi
Binance NFT has announced it will discontinue support for The Sandbox (SAND) NFT staking program and Polygon network NFTs starting September 26, 2023. Binance Ends Support for Polygon Network NFTs After 6 Months Key Details: * The Sandbox NFT Staking Program: * From 13:00 (GMT+7) on September 26, 2023, users
DeFi
Key Developments MakerDAO, a pioneering project in integrating traditional assets into the blockchain space, has recently made significant strides in the Real World Assets (RWAs) market. According to the latest data from MakerBurn, $50 million worth of RWAs have been added to the collateral backing DAI, facilitated through BlockTower Andromeda
NFT & GameFi
Starting September 15, 2023, Google will allow advertisements for NFT games, marking a significant shift in the tech giant's approach to blockchain and NFTs. Google has updated the Cryptocurrencies and related products policy. Beginning September 15, 2023, advertisers offering NFT games that do not promote gambling-related content may
Big Cap
ARK Invest and VanEck have simultaneously filed applications to register Ethereum spot ETFs with the SEC. Two Proposals for First Ethereum Spot ETFs in the US Announced According to filings released early on September 7th, two prominent Wall Street financial firms, ARK Invest and VanEck, are seeking SEC consideration and
DeFi
Incident Overview In the early hours of September 7, 2023, a whale wallet with the address 0x13e3 lost $24.23 million due to a phishing attack. The victim's funds were drained during transactions involving stETH and rETH, possibly after clicking on a phishing link. Transaction Details According to
Big Cap
Optimism and Base are among the six blockchains Circle has committed to supporting USDC on in the coming period, aiming to boost the market cap utility of USDC. Stablecoin USDC Supported on Optimism and Base. Image: Circle On the evening of September 6th, stablecoin issuer Circle announced it had begun
Big Cap
Despite its significant holdings of US Treasury bonds as part of the USDT reserve, Tether is considered the 22nd largest "whale" of this asset class globally. Tether Holds the 22nd Largest US Treasury Bond Holdings According to a post by Chief Technology Officer Paolo Ardoino, Tether currently holds
Big Cap
Despite recent positive news, activity on the Solana blockchain continues to yield pessimistic results. Solana's Active Wallet Addresses Drop to Three-Year Low. Image: The Block Crypto According to data from The Block, the average number of active wallets on the Solana blockchain over a 7-day period as of
Big Cap
Analysts are increasingly optimistic about the SEC's approval of Ethereum ETF futures registrations. Researcher Suggests Buying ETH Over BTC Ahead of Potential SEC ETF Approval According to crypto market analysis firm K33 Research, Ethereum (ETH) may experience superior growth compared to Bitcoin (BTC) following the Securities and Exchange
Big Cap
Following Binance's preference after BUSD's decline, the market capitalization of FDUSD continues to soar. However, its reliance on a CEX and lack of on-chain presence have left the community somewhat skeptical about this stablecoin. FDUSD Market Cap Surges 51% in 30 Days, Nearing Top 10 Stablecoins
