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Mantle Ventures into RWA, Integrates Ondo Finance's USD Yield (USDY) Real World Assets (RWA) continue to demonstrate their allure even during market downturns. Evidence of this is seen as numerous major players enter the RWA race, such as MakerDAO and Pendle, introducing RWA-based products. On September 12, 2023,
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Franklin Templeton, a giant asset manager overseeing trillions of dollars, has joined the race alongside BlackRock, Fidelity, and others by filing an application for a Bitcoin Spot ETF. Franklin Templeton Files Application for Bitcoin Spot ETF Late on September 12, 2023, Franklin Templeton, managing nearly $1.5 trillion in assets,
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A recent Bitcoin transaction has incurred approximately $500,000 (equivalent to 19 BTC) in fees. Bitcoin Transaction Accrues Half a Million USD in Fees On the morning of September 11th, the community began buzzing about an unidentified account that spent $510,000 on a Bitcoin transfer fee, making it the
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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
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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
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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
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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
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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
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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
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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
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The team behind the DeFi protocol Lido on Solana is considering halting operations if a funding agreement cannot be reached. Lido Finance to Cease Support for Solana Without Funding Agreement According to a proposal on September 4th, the Lido team on Solana P2P has requested $1.5 million in funding
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Ethereum co-founder Vitalik Buterin emphasizes the importance of decentralizing nodes to achieve the highest level of decentralization for the Ethereum network. However, he acknowledges that this cannot be solved overnight... Vitalik Buterin: Ethereum's Biggest Risk May Take 20 Years to Fully Resolve Korea Blockchain Week is currently underway