🚀 Tokenized U.S. Treasury Market Value Reaches $2.23 Billion
#TokenizedTreasury #USTreasury #MarketValue #BlackRock #FranklinTempleton #OndoFinance #Ethereum #Stellar #RWA #Investment
As of September 21, 2024, the total value of the tokenized U.S. Treasury market has reached $2.23 billion, reflecting a 0.24% increase over the past week, according to data from the RWA monitoring platform, RWA.xyz. The average yield to maturity for tokenized U.S. Treasuries stands at 4.93%, with a weighted average duration of 0.106 years.BlackRock's BUIDL fund leads with $522 million in assets, followed by Franklin Templeton's FOBXX fund, holding $435 million. Ondo Finance's OUSG and USDY products also play a significant role in the market, with a combined value of approximately $628 million.On the Ethereum network, tokenized U.S. Treasuries dominate with a market value of around $1.62 billion. The Stellar network ranks second, holding a market cap of approximately $422 million.#TokenizedTreasury #USTreasury #MarketValue #BlackRock #FranklinTempleton #OndoFinance #Ethereum #Stellar #RWA #Investment
🚀 SolanaFM Former Employee Joins Jupiter Team To Enhance User Support
#SolanaFM #Jupiter #UserSupport #Blockchain #Solana #DataInfrastructure #ContentCreation
According to Odaily, a former employee of Solana blockchain explorer and index provider SolanaFM, known as @0xmiir on X, has announced their new role with the Jupiter operations team. The focus will be on user support and assisting new users in joining Jupiter. Additionally, @0xmiir will work on accelerating communication and creating impactful content across Jupiter's various products.
Recently, Jupiter revealed its acquisition of SolanaFM, aiming to enhance its data and infrastructure capabilities. This strategic move is expected to bolster Jupiter's overall performance and service offerings, providing a more robust platform for its users.#SolanaFM #Jupiter #UserSupport #Blockchain #Solana #DataInfrastructure #ContentCreation
🚀 STEPN GO Collaborates With Adidas To Launch New Genesis Sneakers
#STEPNGO #Adidas #GenesisSneakers #LimitedEdition #Collaboration #GMTtokens #Raffle #Sportswear #SneakerRelease
According to Odaily, STEPN GO has announced a new collaboration with sportswear brand Adidas to release 1,000 pairs of limited-edition Genesis sneakers. These exclusive shoes will be available only on the STEPN GO platform. The collection features four distinct designs inspired by Adidas' most iconic running shoe models. From September 25 at 8 PM to September 30 at 8 PM (UTC+8), holders of GMT tokens can participate in a Genesis raffle for a chance to purchase these unique sneakers.#STEPNGO #Adidas #GenesisSneakers #LimitedEdition #Collaboration #GMTtokens #Raffle #Sportswear #SneakerRelease
🚀 🔥 Binance Announces Scheduled Account Service Upgrade on September 25, 2024 🔥
#Binance #AccountUpgrade #ScheduledMaintenance #SystemPerformance #TradingInterruptions #UserSecurity #APITrading
Binance has announced a planned upgrade to its account services on September 25, 2024, starting at 06:30 UTC, with the process expected to take approximately 3 hours. This upgrade aims to enhance the overall system performance and stability.Impacted Services: During the upgrade, users may experience temporary interruptions across various services, including:Account login and registrationSpot, Margin, and Futures tradingP2P transactionsVIP account servicesOther account-related featuresThese interruptions will be brief, with access restored shortly after.Important Notes:User data and assets will remain secure and unaffected by the upgrade.API-based trading will continue to function as usual.Users may temporarily be unable to log in or manage their positions/orders during the upgrade.#Binance #AccountUpgrade #ScheduledMaintenance #SystemPerformance #TradingInterruptions #UserSecurity #APITrading
🚀 Bankless Founder Criticizes Harris' Late Support for Crypto Industry
#Bankless #Crypto #KamalaHarris #DavidHoffman #Cryptocurrency #Support #Industry
According to a post on X by Bankless founder David Hoffman, U.S. Vice President Kamala Harris' recent statement in support of the cryptocurrency industry is "too late," although he acknowledged that it is still a positive development for the sector. Hoffman remarked that Harris has significant work to do if she hopes to match former President Donald Trump’s influence and engagement within the crypto space. He expressed hope that Harris will continue to build momentum in supporting the industry.#Bankless #Crypto #KamalaHarris #DavidHoffman #Cryptocurrency #Support #Industry
🚀 Stacks Foundation Announces Nakamoto Activation Scheduled for October 9
#StacksFoundation #NakamotoActivation #October9 #STXtokens #Bitcoin #hardfork #developerworkshops #block864864 #fastblocks #Bitcoinfinality #nodeoperators #secure #reliable #networkactivity
According to Odaily, the Stacks Foundation has announced that the Nakamoto activation is expected to take place on October 9. In preparation for this event, the Stacks community will host over 20 developer workshops worldwide, featuring lectures, live demonstrations, and technical challenges where participants can win STX tokens. Recently, it was revealed that core developers have selected Bitcoin block #864864 for the Nakamoto hard fork, which will introduce key improvements such as fast blocks and Bitcoin finality.
As part of the hard fork, all node operators are required to upgrade their nodes, with binaries expected to be available approximately one week before the hard fork. The foundation emphasized that core developers remain committed to a secure and reliable release. If necessary, they reserve the right to select a new hard fork block to address issues or investigate network activity. Any updates to the block will be communicated immediately.#StacksFoundation #NakamotoActivation #October9 #STXtokens #Bitcoin #hardfork #developerworkshops #block864864 #fastblocks #Bitcoinfinality #nodeoperators #secure #reliable #networkactivity
🚀 Ethereum Ecosystem Seen As Hub For Innovation And Experimentation
#Ethereum #Ecosystem #Innovation #Experimentation #Layer2 #Scalability #Developers #Blockchain #Crypto #NetworkEffects #ETH
According to Odaily, Anthony Sassano, founder of The Daily Gwei, expressed his views on X, stating that the most exciting aspect of a rollup-centric roadmap is the allowance for unlimited experimentation. While scalability is crucial, it is considered a given for Layer 2 solutions. Sassano emphasized that Layer 2 is not constrained by Layer 1 limitations, enabling the exploration of different execution environments and various other elements, all while benefiting from Ethereum's vast network effects. This positions Ethereum as an innovation-focused 'black hole.' In the past, developers aiming to build non-EVM protocols had to move to another Layer 1, but now they can experiment within Ethereum's orbit. Although many of these experiments may not gain significant attention, the key point is that such experimentation can now occur within the Ethereum ecosystem, preventing the outflow of developers and users to other ecosystems due to non-EVM attempts. Sassano is optimistic about the Ethereum ecosystem being a hotbed for innovation and experimentation in the crypto space.#Ethereum #Ecosystem #Innovation #Experimentation #Layer2 #Scalability #Developers #Blockchain #Crypto #NetworkEffects #ETH
🚀 Likwid Launches Native Shorting Protocol
#Likwid #ShortingProtocol #AMM #MemePlatform #TradingVolume #ETH #NoLossMechanism #PublicChains
According to Odaily, the all-chain Meme platform LIKWID has introduced a native shorting protocol. Utilizing its algorithm and trading curve, users can trade short tokens within the AMM, enabling spot shorting without the need for complex order books, oracles, or liquidation processes. Currently, the first test token on LIKWID has surpassed 1200 ETH in trading volume.
LIKWID is an all-chain Meme platform supporting over ten public chains. Its original no-loss mechanism ensures zero loss for users during the fundraising phase. To date, LIKWID's trading volume has exceeded $200 million.#Likwid #ShortingProtocol #AMM #MemePlatform #TradingVolume #ETH #NoLossMechanism #PublicChains
🚀 Scallop TVL Surpasses $150 Million With Significant Borrowing And Trading Volumes
#Scallop #DeFi #TotalValueLocked #TVL #Sui #lendingprotocol #borrowing #tradingvolume #SCA #cryptocurrency
According to Odaily, the decentralized finance (DeFi) lending protocol Scallop, part of the Sui ecosystem, has achieved a Total Value Locked (TVL) exceeding $150 million. The total borrowing amount on the platform has reached $80 million. Additionally, the swap trading volume on Scallop has hit $47 million.
Furthermore, data from CoinGecko indicates that Scallop's native token, SCA, has seen a significant increase of 57.2% over the past 14 days, currently trading at $0.3577.#Scallop #DeFi #TotalValueLocked #TVL #Sui #lendingprotocol #borrowing #tradingvolume #SCA #cryptocurrency
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🚀 Early SHIB Investor Gains $1.07 Million in Five Days Amid Price Surge
#SHIB #cryptocurrency #investment #whale #profits #price surge
According to Odaily, an early SHIB investor has seen significant gains due to a recent price surge. Monitoring by Spot On Chain reveals that the investor achieved an unrealized profit of $1.07 million, marking a 46% increase in just five days. Overall, this whale has two out of four recent investments currently in profit.#SHIB #cryptocurrency #investment #whale #profits #price surge
🚀 Core Scientific Positioned For Major Role In AI Hosting
#CoreScientific #AIhosting #bitcoinminer #HPC #CoreWeave #stockmarket #Canaccord #investment #hyperscalers #cashflow
According to CoinDesk, Core Scientific (CORZ) is poised to become a significant player in artificial intelligence (AI) hosting, as highlighted in a recent report by broker Canaccord. The report initiated coverage of the bitcoin miner with a buy rating and set a price target of $16. Early trading saw the shares rise by 1.4% to $12.15.
A pivotal 12-year contract signed with hyperscaler CoreWeave in June is seen as a transformative deal for Core Scientific. Canaccord described it as the first major agreement by a bitcoin miner to offer high-performance compute (HPC) data center hosting capacity. Hyperscalers are large-scale data centers that provide substantial computing power.
Canaccord analysts, led by Joseph Vafi, identified three key drivers for the stock: increasing revenue from AI hosting, improved cash flow, and the potential for additional site acquisitions. The price target includes approximately $12 attributed to the CoreWeave contract, $3 for the company's remaining power supply designated for AI hosting, and around $1 for the bitcoin-mining business.
The report also noted that Core Scientific has potential upside from its mining operations. Despite repurposing nearly 500 megawatts (MW) for AI hosting, the company still retains about 230MW of power for bitcoin mining.#CoreScientific #AIhosting #bitcoinminer #HPC #CoreWeave #stockmarket #Canaccord #investment #hyperscalers #cashflow
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🚀 Vitalik: An Ethereum Story Receives High IMDb Rating
#Vitalik #Ethereum #Documentary #IMDb #Blockchain #Cryptocurrency #FilmRating #Technology #ETH
According to BlockBeats, the documentary 'Vitalik: An Ethereum Story' has garnered significant attention and praise. As per the official website of IMDb, the 1 hour and 25 minute documentary currently holds an impressive rating of 8.8 out of 10. This high rating reflects the positive reception from viewers and critics alike.
IMDb, short for Internet Movie Database, is a widely recognized online platform that offers comprehensive information on movies, TV shows, actors, directors, and more. The platform's ratings are often considered a reliable indicator of a film's quality and popularity. The documentary's high rating on IMDb suggests that it has resonated well with its audience, providing an insightful look into the life and contributions of Vitalik Buterin, the co-founder of Ethereum.
The documentary delves into the journey of Vitalik Buterin, exploring his role in the development of Ethereum and his impact on the blockchain and cryptocurrency industry. It offers viewers a detailed narrative of his achievements and the challenges he faced along the way. The positive reception of 'Vitalik: An Ethereum Story' on IMDb underscores the growing interest in blockchain technology and the figures behind its evolution.#Vitalik #Ethereum #Documentary #IMDb #Blockchain #Cryptocurrency #FilmRating #Technology #ETH
🚀 Hong Kong Monetary Authority Launches Second Phase Of Digital Hong Kong Dollar Pilot Program
#HongKong #MonetaryAuthority #DigitalHongKongDollar #eHKD #tokenizedDeposits #digitalCurrencies #pilotProgram #tokenizedAssets #programmability #offlinePayments #digitalCurrencyEcosystem
According to PANews, the Hong Kong Monetary Authority (HKMA) has announced the commencement of the second phase of its Digital Hong Kong Dollar (e-HKD) pilot program. This phase aims to further explore new types of digital currencies for both individuals and businesses, including the e-HKD and tokenized deposits. The project has been renamed 'e-HKD+' to reflect a broader exploration of the digital currency ecosystem.
Eleven selected institutions will conduct innovative use case studies in three key areas: tokenized asset settlement, programmability, and offline payments. This phase of research will assist the HKMA in understanding the potential design and operational challenges within a coexisting public and private digital currency ecosystem.#HongKong #MonetaryAuthority #DigitalHongKongDollar #eHKD #tokenizedDeposits #digitalCurrencies #pilotProgram #tokenizedAssets #programmability #offlinePayments #digitalCurrencyEcosystem
🚀 Fed's Kashkari Predicts Policy Rate for 2024 and 2025
#Fed #Kashkari #PolicyRate #InterestRate #2024 #2025 #FederalReserve
According to BlockBeats, on September 23, Federal Reserve official Neel Kashkari stated that the policy interest rate is expected to be 4.4% by the end of 2024. This projection aligns with the median forecast of Federal Reserve policymakers. Kashkari also indicated that by the end of 2025, the policy rate is anticipated to decrease to 3.4%, maintaining consistency with the central bank's median predictions.#Fed #Kashkari #PolicyRate #InterestRate #2024 #2025 #FederalReserve
🚀 OpenAI Academy To Distribute $1 Million In API Credits
#OpenAI #APIcredits #OpenAIAcademy #artificialintelligence #innovation #developers #researchers
According to PANews, OpenAI has announced plans to distribute the first batch of $1 million in API credits through its OpenAI Academy. This initiative aims to expand access to OpenAI's models, providing more opportunities for developers and researchers to utilize the technology. The move is part of OpenAI's broader strategy to democratize artificial intelligence and foster innovation in the field.#OpenAI #APIcredits #OpenAIAcademy #artificialintelligence #innovation #developers #researchers
🚀 Rio Platforms And Bitfarm Reach Settlement Agreement
#RioPlatforms #Bitfarms #settlementagreement #boardofdirectors #AmyFreedman #specialcommittee #shareholders #commonshares
According to Odaily, Rio Platforms has announced a settlement agreement with Bitfarm. The key points of the agreement include the resignation of Andrés Finkielsztain from the company's board of directors and the appointment of Amy Freedman to the board, governance and nomination committee, and the board's compensation committee. Freedman will also be a member of any independent 'special committee' formed by the board, provided she remains independent within the scope of the committee's tasks. Additionally, Riot has withdrawn its request to convene a special meeting of the company's shareholders. Prior to and following the agreement, Riot beneficially owns 90,110,912 common shares of Bitfarms, representing approximately 19.9% of the issued and outstanding common shares, based on information provided by the company.#RioPlatforms #Bitfarms #settlementagreement #boardofdirectors #AmyFreedman #specialcommittee #shareholders #commonshares
🚀 Lumia Launches Testnet And User Task Points Program For RWA Layer 2
#Lumia #testnet #RWA #Layer2 #developers #userexperience #blockchain #ecosystem
According to Odaily, Lumia has announced the launch of a testnet and a user task points program for its RWA Layer 2. The testnet allows developers and users to explore various features such as faucets, bridging, and sequencers before the mainnet goes live. This initiative is expected to attract developers and users interested in experimenting with the foundational components of the Lumia L2 ecosystem.#Lumia #testnet #RWA #Layer2 #developers #userexperience #blockchain #ecosystem
🚀 Coinbase's bBTC Sees Rapid Adoption With Over 3,500 Users
#Coinbase #bBTC #cryptocurrency #BaseChain #blockchain #adoption #usergrowth #BTC #IntoTheBlock #milestone
According to Odaily, data from IntoTheBlock reveals that Coinbase's recently launched bBTC has quickly gained traction, with the number of user addresses surpassing 3,500. This significant milestone comes shortly after its introduction earlier this month.
Notably, these addresses are actively engaged in transactions on the Base chain, with an average daily settlement value of $472 million in BTC. This rapid adoption highlights the growing interest and utilization of bBTC within the cryptocurrency community.#Coinbase #bBTC #cryptocurrency #BaseChain #blockchain #adoption #usergrowth #BTC #IntoTheBlock #milestone
🚀 Traders Increase Bets on ECB Rate Cut in October
#Traders #ECBratecut #October #EuropeanCentralBank #FinancialNews #RateCut
According to Odaily, traders have raised their expectations for a rate cut by the European Central Bank (ECB). The probability of a 25 basis point rate cut in October is now estimated at 40%.#Traders #ECBratecut #October #EuropeanCentralBank #FinancialNews #RateCut
🚀 Federal Reserve's Bostic Supports 50 Basis Points Rate Cut
#FederalReserve #Bostic #RateCut #EconomicNormalization #Inflation #JobMarket #MonetaryPolicy #PriceStability #InterestRates
According to Odaily, Federal Reserve official Bostic has expressed support for a 50 basis points rate cut. He emphasized the need to balance the uncertainties surrounding inflation and the risks in the job market. Bostic noted that the process of economic normalization is progressing faster than previously anticipated, necessitating adjustments in monetary policy.
Recent data indicates that the United States is steadily moving towards a sustainable path of price stability. Bostic also mentioned that, given the current high-interest rates, the differences in the neutral rate level are 'irrelevant.'#FederalReserve #Bostic #RateCut #EconomicNormalization #Inflation #JobMarket #MonetaryPolicy #PriceStability #InterestRates
🚀 Worldcoin Launches World ID Verification Service In Malaysia
#Worldcoin #WorldID #VerificationService #Malaysia #IdentityVerification #UserSecurity #GlobalReach #Convenience #LocalMarket #WLD
According to BlockBeats, Worldcoin has officially launched its World ID verification service in Malaysia as of September 23. This new service aims to provide secure and reliable identity verification for users in the region. The introduction of World ID in Malaysia marks a significant step in Worldcoin's efforts to expand its global reach and enhance user security. The company believes that this service will help streamline various processes that require identity verification, offering a more efficient and trustworthy solution for both individuals and businesses. The launch is expected to have a positive impact on the local market, providing a new level of convenience and security for users.#Worldcoin #WorldID #VerificationService #Malaysia #IdentityVerification #UserSecurity #GlobalReach #Convenience #LocalMarket #WLD