🚀 Upcoming Token Unlocks For Venom, YGG, AGIX, And Others
#Venom #YGG #AGIX #Ethena #Galxe #Acala #TornadoCash #Euler #TokenUnlocks #Cryptocurrency #ENA
According to PANews, several significant token unlocks are scheduled for the upcoming week, impacting various cryptocurrencies including Venom (VENOM), Yield Guild Games (YGG), SingularityNET (AGIX), and Ethena (ENA). These unlocks are expected to influence the circulating supply and market value of the respective tokens.
Venom (VENOM) will unlock approximately 235 million tokens on September 25 at 4 PM UTC+8. This represents 12.66% of its current circulating supply, with an estimated value of $26.1 million. Yield Guild Games (YGG) is set to unlock around 14.08 million tokens on September 27 at 10 PM UTC+8, accounting for 3.65% of its circulating supply and valued at approximately $6.4 million.
SingularityNET (AGIX) will unlock about 8.19 million tokens on September 28 at 8 AM UTC+8, which is 1.63% of its circulating supply, with an estimated value of $5.8 million. Ethena (ENA) will unlock around 8.19 million tokens on September 29 at 3 PM UTC+8, representing 0.78% of its circulating supply and valued at approximately $3.9 million.
Additionally, Galxe (GAL) will unlock about 416,000 tokens on September 24 at 8 AM UTC+8, which is 0.33% of its circulating supply, valued at around $980,000. Acala (ACA) will unlock approximately 4.66 million tokens on September 25 at 8 AM UTC+8, representing 0.43% of its circulating supply and valued at about $300,000.
Tornado Cash (TORN) will unlock around 91,600 tokens on September 28 at 11:30 AM UTC+8, which is 2.41% of its circulating supply, valued at approximately $240,000. Lastly, Euler (EUL) will unlock about 42,000 tokens on September 27 at 8:47 AM UTC+8, representing 0.23% of its circulating supply and valued at around $190,000.#Venom #YGG #AGIX #Ethena #Galxe #Acala #TornadoCash #Euler #TokenUnlocks #Cryptocurrency #ENA
🚀 JJ Lin Collaborates With Vitalik Buterin And Ethereum Foundation In Singapore
#JJLin #VitalikButerin #Ethereum #EthereumFoundation #Singapore #Collaboration #ETH
According to PANews, JJ Lin recently shared a photo on the X platform featuring himself with Ethereum co-founder Vitalik Buterin. Lin expressed his excitement about collaborating with Buterin and the Ethereum Foundation in Singapore.#JJLin #VitalikButerin #Ethereum #EthereumFoundation #Singapore #Collaboration #ETH
🚀 Fractal Bitcoin Mainnet Launches With Upcoming PizzaSwap Release
#FractalBitcoin #PizzaSwap #BRC20 #UniSat #BoolBridge #SimpleBridge #Runes #MainnetLaunch #CryptoNews
According to PANews, UniSat announced that the Fractal Bitcoin mainnet has been launched over the past two weeks. The BRC-20 on Fractal has been activated, and PizzaSwap on the Fractal mainnet is scheduled for release on September 30. The platform will support asset bridging through Bool Bridge and SimpleBridge.
Before the launch of PizzaSwap, on September 25, the BRC-20 index implementation will be open-sourced on Fractal. Preparations are currently underway to activate Runes on Fractal at block height 84,000.#FractalBitcoin #PizzaSwap #BRC20 #UniSat #BoolBridge #SimpleBridge #Runes #MainnetLaunch #CryptoNews
🚀 Solana Breakpoint Highlights Focus on Applications Over Infrastructure
#Solana #Breakpoint #Applications #Infrastructure #SyncracyCapital #BullishTrend #SOL
According to Odaily, the co-founder of SyncracyCapital recently shared insights on X, emphasizing that the most notable aspect of the Solana Breakpoint event was that 90% of the presentations were centered around products rather than the usual endless discussions on infrastructure. The current bullish trend for Solana is not driven by technology but by applications.#Solana #Breakpoint #Applications #Infrastructure #SyncracyCapital #BullishTrend #SOL
🚀 Unisat CEO Discusses CAT20 Development Plans
#UniSat #CAT20 #blockchain #crypto #trading #AMM #decentralizedfinance
According to BlockBeats, on September 22, UniSat CEO Lorenzo addressed community questions, stating that the team will not specifically develop tools for minting or deploying CAT20, as others have already done an adequate job. The team is actively researching the CAT20 trading market and will provide updates as they become available.
Additionally, in response to a community query about whether UniSat will support CAT20 in modular swaps or use OPCAT without bridging to create Fractal AMM, Lorenzo expressed hope that they will perform better this time.#UniSat #CAT20 #blockchain #crypto #trading #AMM #decentralizedfinance
🚀 FB Rebounds Over 10% In The Past Hour
#FB #rebound #priceincrease #UniSat #PizzaSwap #Fractal #blockchain #BoolBridge #SimpleBridge
According to BlockBeats, FB has experienced a significant rebound of over 10% in the past hour, with its current price standing at $15.26.
In related news, UniSat has announced that PizzaSwap will be launched on Fractal on September 30. The platform will support assets bridged through Bool Bridge and SimpleBridge.#FB #rebound #priceincrease #UniSat #PizzaSwap #Fractal #blockchain #BoolBridge #SimpleBridge
🚀 Cryptocurrency Adoption Grows With Key Partnerships And Integrations
#Cryptocurrency #Adoption #Partnerships #Integrations #Stablecoins #Finance #Mastercard #Mercuryo #PayPal #Ethereum #DePIN #Helium #Telecom #TON #LINE #Kaia #UserFriendly #Mainstream #MessagingApps
According to BlockBeats, on September 23, K33 Research analyst David Zimmerman highlighted the ongoing practical applications of cryptocurrencies despite skepticism fueled by the meme coin craze. Zimmerman pointed out that the actual use cases for cryptocurrencies are already evident if one looks closely at the market developments.
The market capitalization of stablecoins recently reached $175 billion, underscoring their importance in emerging markets. Stablecoins serve as crucial financial tools for people in these regions, helping them avoid hyperinflation in their local currencies and circumvent exorbitant remittance fees. This growing adoption signifies the practical utility of cryptocurrencies beyond speculative trading.
In a significant move, Mastercard has partnered with Mercuryo to enable users to spend their self-custodied cryptocurrencies at over 100 million merchants. Additionally, PayPal and Venmo have integrated Ethereum Name Service, allowing users to transfer cryptocurrencies using readable names instead of traditional wallet addresses. These integrations are making cryptocurrency transactions more accessible and user-friendly.
The DePIN project Helium has collaborated with major telecom companies, resulting in 113,000 registrations for its mobile service. This indicates a shift where a substantial number of users are opting for cryptocurrency-based services over traditional providers like Verizon. Such partnerships highlight the growing acceptance and integration of cryptocurrencies in mainstream services.
Telegram, with nearly 1 billion monthly active users, has integrated the Open Network (TON), enabling users to transfer cryptocurrencies as easily as sending text messages. Similarly, the Asian messaging app LINE, which boasts over 230 million monthly active users, is implementing a comparable plan with Kaia. These developments reflect the increasing ease of cryptocurrency transactions and their integration into everyday communication platforms.#Cryptocurrency #Adoption #Partnerships #Integrations #Stablecoins #Finance #Mastercard #Mercuryo #PayPal #Ethereum #DePIN #Helium #Telecom #TON #LINE #Kaia #UserFriendly #Mainstream #MessagingApps
🚀 US Inflation Expected To Stabilize By Late 2025 Or Early 2026, Says Economist
#USInflation #Economy #FederalReserve #EconomicStability #InflationForecast #NerdWallet
According to BlockBeats, on September 23, NerdWallet Senior Economist Elizabeth Renter stated that if everything goes as planned, U.S. inflation data will continue to slow down. She anticipates that inflation will stabilize at the Federal Reserve's target level by the end of next year or early 2026. Renter expressed hope that this process will not lead to a severe economic recession.#USInflation #Economy #FederalReserve #EconomicStability #InflationForecast #NerdWallet
🚀 Silvergate Bank's Closure Linked to Regulatory Changes and Financial Losses
#SilvergateBank #bankclosure #cryptocurrency #regulatorychanges #financiallosses #bankruptcy #digitalassets #interestrates #SiliconValleyBank #SignatureBank
According to BlockBeats, on September 23, in a new bankruptcy filing, executives responsible for winding down the crypto-friendly Silvergate Bank's parent company stated that despite the contraction in the cryptocurrency industry and rising interest rates, the bank was stable, able to meet regulatory capital requirements, and capable of continuing to serve customers who retained deposits.
However, in 2023, sudden regulatory changes by the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) clearly indicated that, at least in the first quarter of 2023, these agencies would no longer tolerate banks with a significant number of digital asset customers. This ultimately prevented Silvergate Bank from continuing its digital asset-focused business model.
Elaine Hetrick, Chief Administrative Officer of Silvergate Capital Corporation, provided a timeline in the bankruptcy filing that led to the closure of Silvergate Bank on March 8, 2023. This date was two days before the closure of Silicon Valley Bank and four days before Signature Bank was taken over by regulators.
The document also revealed that Silvergate's consolidated operations reported a net loss of $948.7 million for the year ending December 31, 2022, compared to a net income of $75.5 million for the year ending December 31, 2021. This loss was primarily due to the sale of long-term securities amid rising interest rates.#SilvergateBank #bankclosure #cryptocurrency #regulatorychanges #financiallosses #bankruptcy #digitalassets #interestrates #SiliconValleyBank #SignatureBank
🚀 Ashigaru Project Launches Mobile Wallet After Samourai Wallet Hard Fork
#AshigaruProject #MobileWallet #SamouraiWallet #OpenSource #Crypto #Privacy #CensorshipResistance #DigitalCommerce #MoneyLaundering #FBI #JusticeDepartment
According to Cointelegraph, on Sept. 20, a group of developers announced the release of a mobile wallet following a hard fork of the Samourai Wallet code. This new initiative, named the Ashigaru Open Source Project, aims to build upon the work of the Samourai team by developing, releasing, and maintaining free and open-source software. The project emphasizes creating solutions with a low technical barrier to entry while ensuring user security, privacy, and resistance to censorship.
The Ashigaru developers highlighted their extensive use of public domain code and contributions from other crypto projects. Their mission statement underscores a commitment to enabling peaceful, voluntary, and private online commerce without tracking, surveillance, or censorship. The development team, identifying themselves as former users of Samourai Wallet, clarified that they have no direct ties to the original Samourai Wallet core development group.
In April 2024, the founders of the Samourai Wallet, Keonne Rodriguez and William Hill, were arrested on money laundering charges by the United States Department of Justice (DOJ). The DOJ accused them of executing over $2 billion in unlawful transactions and facilitating more than $100 million in money laundering. If convicted, they face a maximum sentence of five years in prison for conspiracy to commit money laundering and conspiracy to operate an unlicensed money-transmitting business.
As part of the investigation, the FBI seized the Samourai Wallet's website and servers, and law enforcement officials mandated the removal of the Samourai Wallet application from app stores. Rodriguez pleaded not guilty and was released on a $1 million bail-bond agreement with the United States District Court for the Southern District of New York, with restrictions on his geographic movements until the case concludes.#AshigaruProject #MobileWallet #SamouraiWallet #OpenSource #Crypto #Privacy #CensorshipResistance #DigitalCommerce #MoneyLaundering #FBI #JusticeDepartment
🚀 Crypto Venture Capital Firms Raise Over $2.2 Billion in 2023
#Crypto #VentureCapital #Investment #Fundraising #Blockchain #Capital #Finance #PitchBook
According to BlockBeats, data from PitchBook reveals that as of August, crypto venture capital firms have raised over $2.2 billion in new capital through closed-end funds this year. In the past few weeks alone, at least six venture capital firms have collectively raised more than $500 million. This includes ParaFi Capital's $120 million fund, Borderless Capital's $100 million fund, Hack VC's $77 million fund, and Robot Ventures' $75 million fund.
Additionally, several funds are actively seeking new capital this year. Bloomberg reports that Dragonfly Capital is aiming to raise $500 million for its new fund and has already secured half of that amount.#Crypto #VentureCapital #Investment #Fundraising #Blockchain #Capital #Finance #PitchBook
🚀 Kamala Harris Pledges Support For Innovation And Digital Assets
#KamalaHarris #Innovation #DigitalAssets #Cryptocurrency #ArtificialIntelligence #SmallBusiness #Consumers #Investors #PresidentialCandidate
According to BlockBeats, on September 23, U.S. Vice President and presidential candidate Kamala Harris spoke at a fundraising event at Cipriani Wall Street in Manhattan. Harris emphasized her commitment to bringing together the workforce, small business founders, innovators, and large corporations to collaborate on investing in America's competitiveness and future. She highlighted the importance of encouraging innovative technologies such as artificial intelligence and digital assets while ensuring the protection of consumers and investors. This marks the first time Harris has personally commented on cryptocurrencies as the Democratic presidential candidate.#KamalaHarris #Innovation #DigitalAssets #Cryptocurrency #ArtificialIntelligence #SmallBusiness #Consumers #Investors #PresidentialCandidate
🚀 MicroStrategy's Bitcoin Strategy Outperforms S&P 500 Companies
#MicroStrategy #BitcoinStrategy #SP500 #stockperformance #cryptocurrency #BTC
According to Odaily, data reveals that since adopting its Bitcoin strategy, MicroStrategy's stock performance has surpassed that of over 100% of S&P 500 index companies.#MicroStrategy #BitcoinStrategy #SP500 #stockperformance #cryptocurrency #BTC
🚀 Putin's Comment on US Election Was a Joke, Says Russian Foreign Minister
#Putin #USPresidentialElection #KamalaHarris #Lavrov #RussianPolitics #ForeignPolicy #WhiteHouse
According to Odaily, Russian Foreign Minister Sergey Lavrov stated that President Vladimir Putin's remark about supporting Democratic candidate Kamala Harris in the upcoming US presidential election was made in jest. This comment from Putin led the White House to urge him to refrain from making further statements about the November 5 election.
When questioned about the potential impact of the US presidential transition on Russia's foreign policy, Lavrov responded, 'It was a joke. President Putin has a good sense of humor. He often jokes during speeches and interviews.'#Putin #USPresidentialElection #KamalaHarris #Lavrov #RussianPolitics #ForeignPolicy #WhiteHouse
🚀 Burger Token Sees Significant Price Increase
#BurgerToken #PriceIncrease #Cryptocurrency #BlockBeats #MarketData #BURGER
According to BlockBeats, on September 23, market data indicated that the price of BURGER token experienced a short-term surge, briefly surpassing $0.49. The current price stands at $0.486, marking a 24-hour increase of 10.7%.#BurgerToken #PriceIncrease #Cryptocurrency #BlockBeats #MarketData #BURGER
🚀 New Zealand's Judo Bank Economist Predicts Significant Rate Cuts
#NewZealand #JudoBank #Economics #InterestRates #MonetaryPolicy #Inflation #ReserveBank #EconomicReport
According to Odaily, Judo Bank's Chief Economist Jarrod Kerr has stated that New Zealand's latest economic report indicates that restrictive monetary policies have already inflicted enough damage to curb inflationary pressures. He mentioned that the Reserve Bank of New Zealand is responding, but it may be too late. Kerr emphasized that an interest rate cut in October is almost certain, advocating for a 50 basis point reduction, followed by another 50 basis point cut in November. He believes that the official cash rate needs to decrease by as much as 300 basis points.#NewZealand #JudoBank #Economics #InterestRates #MonetaryPolicy #Inflation #ReserveBank #EconomicReport
🚀 UniSat to Launch Decentralized Exchange PizzaSwap on September 30
#UniSat #PizzaSwap #DecentralizedExchange #Blockchain #Fractal #CrossChain #BoolBridge #SimpleBridge #BRC20 #CAT20 #Crypto
According to Foresight News, UniSat has announced that its decentralized trading platform, PizzaSwap, will go live on the Fractal mainnet on September 30. The platform will support cross-chain asset trading through Bool Bridge and SimpleBridge, including tokens such as bBTC, bORDI, bSATS, sBTC, sORDI, and sSATS. The asset names will be prefixed with 'b' or 's' to distinguish between different cross-chain methods.
UniSat also plans to open-source the BRC-20 index implementation code on Fractal on September 25. Additionally, the team has completed the evaluation of the CAT20 protocol and intends to integrate it into the UniSat wallet after finalizing the engineering implementation plan next week.#UniSat #PizzaSwap #DecentralizedExchange #Blockchain #Fractal #CrossChain #BoolBridge #SimpleBridge #BRC20 #CAT20 #Crypto
🚀 Technological Advances Lowering Software Development Costs
#TechnologicalAdvances #SoftwareDevelopment #Cryptocurrency #CostReduction #Claude #Cursor #ApplicationLayer
According to BlockBeats, on September 23, Zhu Su shared on social media that the cost of developing software is rapidly decreasing to zero due to technologies like Claude and Cursor. This trend is expected to significantly benefit the application layer in the cryptocurrency sector.#TechnologicalAdvances #SoftwareDevelopment #Cryptocurrency #CostReduction #Claude #Cursor #ApplicationLayer
🚀 Sui Ecosystem Meme Coins Experience Significant Gains
#meme #Sui #cryptocurrency #BLUB #Sacabam #ScubaDog #Suishicat #gains #BlockBeats #CoinGecko #SUI
According to BlockBeats, on September 23, CoinGecko data revealed a notable surge in the prices of various meme coins within the Sui ecosystem. This increase coincided with SUI briefly surpassing $1.6 earlier today.
Among the notable gainers, BLUB saw a 24-hour increase of 26.2%, currently priced at $0.0000100829. Sacabam (SCB) experienced a 31.6% rise in the same period, with its price now at $0.000078635. Scuba Dog (SCUBA) recorded a significant 246.9% jump, reaching $0.00245. Additionally, Suishicat (SUISHI) saw a 65.9% increase, now priced at $0.00199.
These substantial gains highlight the growing interest and investment in meme coins within the Sui ecosystem, reflecting broader trends in the cryptocurrency market.#meme #Sui #cryptocurrency #BLUB #Sacabam #ScubaDog #Suishicat #gains #BlockBeats #CoinGecko #SUI
🚀 Ethereum ICO Whale Sells 3,510 ETH Worth $9.12 Million
#Ethereum #ICO #Whale #ETH #Crypto #Blockchain #Investment #Market
According to Odaily, an Ethereum ICO whale has sold 3,510 ETH, valued at $9.12 million, nine hours ago. The whale, who originally held 150,000 ETH from the ICO, still retains 71,490 ETH, distributed across five addresses, amounting to approximately $187 million.
One of the addresses, 0xF07...9d526, previously sold 10,000 ETH between June 16 and June 18. The other addresses have not shown any recent activity.#Ethereum #ICO #Whale #ETH #Crypto #Blockchain #Investment #Market