🚀 Stacks Network to Utilize Bitcoin's CPU for Transaction Settlement
#StacksNetwork #Bitcoin #Layer2 #NakamotoRelease #TransactionSettlement #Crypto #Blockchain #STX
According to Odaily, the Bitcoin Layer 2 network Stacks announced on X that the upcoming Nakamoto Release will leverage Bitcoin's CPU capabilities to settle Stacks transactions with 100% Bitcoin finality. The Nakamoto RC2 testnet has already been deployed and will soon go live on the mainnet.#StacksNetwork #Bitcoin #Layer2 #NakamotoRelease #TransactionSettlement #Crypto #Blockchain #STX
🚀 Debridge Introduces Hooks For Real-Time Cross-Chain Data Transfer
#deBridge #CrossChain #Blockchain #DataTransfer #Interoperability #RealTime #Trustless #Web3 #DecentralizedApplications #AssetDistribution
According to BlockBeats, on October 8, cross-chain interoperability protocol deBridge announced the launch of deBridge Hooks, a feature enabling real-time, trustless data transfer between blockchains. This new functionality aims to allow developers and protocols to integrate advanced cross-chain capabilities into their applications.
The project stated that with the integration of deBridge Hooks, assets and custom data can now be transferred across chains almost instantaneously. Key use cases for deBridge Hooks include cross-chain asset distribution, blockchain abstraction for user acquisition, smoother user registration processes, and automated trigger actions for protocols and decentralized applications.#deBridge #CrossChain #Blockchain #DataTransfer #Interoperability #RealTime #Trustless #Web3 #DecentralizedApplications #AssetDistribution
🚀 Goldman Sachs Analysis Shows Bitcoin Outperforms Major Assets in 2023
#GoldmanSachs #Bitcoin #Assets #Investment #Volatility #Gold #MarketAnalysis #Cryptocurrency #FinancialNews #BTC
According to PANews, a recent analysis by Goldman Sachs reveals that Bitcoin has surged over 40% this year, outperforming major stock indices, fixed income securities, gold, and even oil, which has recently risen due to geopolitical tensions. Despite its impressive performance, Bitcoin's volatility remains a significant concern. Goldman Sachs' data indicates that Bitcoin's year-to-date volatility-adjusted return is below 10%, significantly lower than gold's industry-leading risk-adjusted return of nearly 20%. In absolute terms, gold has risen by 28%. The relatively low risk-adjusted performance of Bitcoin supports the long-held view of cryptocurrency skeptics that Bitcoin's high volatility prevents it from being a safe haven asset like gold.#GoldmanSachs #Bitcoin #Assets #Investment #Volatility #Gold #MarketAnalysis #Cryptocurrency #FinancialNews #BTC
🚀 Hindenburg Shorts Roblox, Shares Drop Over 9% Pre-Market
#Hindenburg #Roblox #Shares #ShortSelling #Metaverse #StockMarket
According to BlockBeats, on October 8, short-selling firm Hindenburg announced that it has taken a short position against the metaverse platform Roblox (RBLX.N). Following this announcement, Roblox shares fell more than 9% in pre-market trading.#Hindenburg #Roblox #Shares #ShortSelling #Metaverse #StockMarket
🚀 September CPI Data Crucial For Federal Reserve's November Decision
#CPI #FederalReserve #InterestRates #Economy #SeptemberReport #LaborData #UBS #BrianRose #Finance #MarketAnalysis
According to Odaily, UBS economist Brian Rose stated in a report last Friday that the Consumer Price Index (CPI) for September will be a critical data point. If prices rise faster than expected, coupled with strong labor data, the likelihood of the Federal Reserve holding steady at its November meeting will increase. Based on data from the CME FedWatch tool, following the release of the September employment report, the probability of the Federal Reserve cutting interest rates by 50 basis points next month has dropped from 33% to zero. Traders are now not even fully pricing in a 25 basis point rate cut. Therefore, Thursday's CPI reading has gained significant importance for the Federal Reserve's next move.#CPI #FederalReserve #InterestRates #Economy #SeptemberReport #LaborData #UBS #BrianRose #Finance #MarketAnalysis
🚀 Ton Holders Surge To 100 Million From 4.3 Million At Start Of Year
#TON #cryptocurrency #blockchain #massadoption #CryptoQuant
According to Odaily, data disclosed by CryptoQuant reveals that the number of TON holders has reached 100 million. At the beginning of this year, this figure was only 4.3 million.#TON #cryptocurrency #blockchain #massadoption #CryptoQuant
🚀 Truflation Launches AI Index To Track AI Company Performance
#Truflation #AIIndex #AICompanyPerformance #GenerativeAI #RealWorldAssets #FinancialData #MarketGrowth #Fortune500 #DecentralizedFinance #FinancialPlatforms
According to Odaily, real-time financial data provider Truflation has announced the launch of an AI Index aimed at tracking the performance of AI companies and promoting real-world assets (RWA) generated by AI. This launch comes at a pivotal moment for the global generative AI market, which is currently valued at $44.89 billion. The market is projected to grow to $1.3 trillion by 2032, with 92% of Fortune 500 companies already integrating generative AI into their operations. The index provides a benchmark for monitoring performance and serves as a practical tool for both traditional and decentralized financial platforms.#Truflation #AIIndex #AICompanyPerformance #GenerativeAI #RealWorldAssets #FinancialData #MarketGrowth #Fortune500 #DecentralizedFinance #FinancialPlatforms
🚀 Circle Launches Native USDC On Sui Network
#Circle #USDC #SuiNetwork #Stablecoin #Blockchain #MoveLanguage #SUI
According to Odaily, Circle, the issuer of USDC, has announced the launch of native USDC on the Sui network. This integration allows Sui users to directly access one of the most widely used stablecoins as a native asset, eliminating the additional complexity and risks associated with bridged assets. Sui is noted as the first blockchain based on the Move language to feature native USDC.#Circle #USDC #SuiNetwork #Stablecoin #Blockchain #MoveLanguage #SUI
🚀 AI Web3 Startup Bluwhale Aims To Raise $10 Million Through Node Sales
#AI #Web3 #Startup #Bluwhale #Fundraising #NodeSales #Smartphones #Lending
According to Odaily, AI Web3 startup Bluwhale is planning to raise $10 million through node sales. The company utilizes smartphones for lending purposes. The node sales campaign is set to run from now until the end of November.#AI #Web3 #Startup #Bluwhale #Fundraising #NodeSales #Smartphones #Lending
🚀 Usual Launches New Trading Pair On Uniswap V3 And Expands PT-USD0++ On Morpho
#Usual #UniswapV3 #SolvBTC #PTUSD0 #Morpho #PendleProtocol #DeFi #Stablecoin #TradingPair #YieldPools
According to BlockBeats, on October 8, the stablecoin protocol Usual announced the launch of the SolvBTC/USD0 trading pair on Uniswap V3. This move is part of Usual's collaboration with Solv Protocol and marks the first phase of its partnership with the BTCfi protocol, aimed at expanding the use cases for Usual products.
Additionally, Usual's PT-USD0++ has been launched on Morpho. The PT-USD0++ leverages Pendle Protocol's PT model to achieve time-based yields and enhances capital efficiency and composability through the Morpho market. By optimizing lending rates, PT-USD0++ holders can achieve higher returns and greater flexibility within the DeFi ecosystem.
Furthermore, Usual and the Pendle team are working together to develop new yield pools to replace the existing ones set to expire on October 31.#Usual #UniswapV3 #SolvBTC #PTUSD0 #Morpho #PendleProtocol #DeFi #Stablecoin #TradingPair #YieldPools
🚀 Router Protocol Integrates Solana To Enhance Interchain Connectivity
#RouterProtocol #Solana #InterchainConnectivity #CrossChainInteroperability #Osmosis #IBC #Tron #SOL #OSMO
According to Foresight News, Router Protocol, a cross-chain interoperability protocol, has announced its integration with Solana. This development positions Router Protocol as a network connecting the Interchain ecosystem. The integration also includes Osmosis, facilitating interoperability between the IBC and Tron ecosystems.#RouterProtocol #Solana #InterchainConnectivity #CrossChainInteroperability #Osmosis #IBC #Tron #SOL #OSMO
🚀 Bridgewater Founder Dalio Does Not Expect Significant Rate Cuts
#Bridgewater #Dalio #interestrates #financialnews #marketupdate
According to BlockBeats, on October 8, market sources reported that Ray Dalio, the founder of Bridgewater Associates, does not anticipate significant interest rate cuts in the near future.#Bridgewater #Dalio #interestrates #financialnews #marketupdate
🚀 Dune Expands Data Support To Sei CosmWasm
#Dune #Sei #CosmWasm #DataSupport #SmartContracts #CosmosSDK #EVM #SEI
According to Odaily, Dune has announced the completion of data support for Sei CosmWasm, following the recent integration of Sei EVM data. Effective immediately, all data on the Sei platform can now be accessed through Dune's services. Sei's infrastructure comprises both EVM and CosmWasm, the latter being a smart contract environment based on the Cosmos SDK.#Dune #Sei #CosmWasm #DataSupport #SmartContracts #CosmosSDK #EVM #SEI
🚀 Crypto Influencer Accidentally Burns SUNDOG Tokens, Receives TRX Compensation
#Crypto #Influencer #SUNDOG #TRX #JustinSun #TokenBurn #Blockchain #Cryptocurrency
According to Odaily, a monitoring report by Lookonchain revealed that a crypto influencer known as @tydollasign accidentally sent 1.66 million SUNDOG tokens to a contract address, resulting in the destruction of these tokens. The value of the burned tokens was approximately $409,000. Fortunately, Justin Sun intervened by sending him 3.2 million TRX, valued at around $500,000, enabling the influencer to repurchase 1.64 million SUNDOG tokens.#Crypto #Influencer #SUNDOG #TRX #JustinSun #TokenBurn #Blockchain #Cryptocurrency
🚀 Midas Expands Tokenized US Treasury Products After Regulatory Approval
#Midas #TokenizedTreasury #RealWorldAssets #Investment #RegulatoryApproval #FinancialMarket #Liechtenstein #Europe #RetailInvesting #Cryptocurrency
According to PANews, Midas, a Real-World Asset (RWA) issuer, has announced plans to expand its tokenized US Treasury and yield arbitrage trading products for retail users following approval from Liechtenstein's regulatory authorities. This development eliminates the previous $100,000 minimum investment requirement and investor accreditation process for mTbill and mBasis tokens, simplifying the investment process to a 'one-click' token acquisition. The tokens will be available globally, excluding the United States and sanctioned countries.
Co-founder Dennis Dinkelmeyer stated in an interview that the product issuance has received regulatory approval from the Liechtenstein Financial Market Authority and will be available across Germany and Europe. By securing approval from one member state, financial institutions can access all countries within the European Economic Area.#Midas #TokenizedTreasury #RealWorldAssets #Investment #RegulatoryApproval #FinancialMarket #Liechtenstein #Europe #RetailInvesting #Cryptocurrency
🚀 JPMorgan CEO Highlights Impact Of Artificial Intelligence
#JPMorgan #CEO #JamieDimon #ArtificialIntelligence #AI #Innovation #Workforce #Technology
According to Odaily, JPMorgan Chase CEO Jamie Dimon has emphasized the transformative potential of artificial intelligence (AI). Dimon stated that AI is a real and significant force that will bring about substantial changes across various sectors. He highlighted that AI will provide individuals with an assistant, enhancing their capabilities and efficiency.
Dimon also noted the positive aspect of people being able to raise funds through private capital. This development, he suggested, is beneficial for fostering innovation and growth. In line with this vision, JPMorgan has expanded its AI workforce by adding 1,000 new employees specializing in artificial intelligence.#JPMorgan #CEO #JamieDimon #ArtificialIntelligence #AI #Innovation #Workforce #Technology
🚀 🔥 Crypto.com Sues SEC and Chair Gary Gensler After Receiving Wells Notice 🔥
#CryptoCom #SEC #GaryGensler #WellsNotice #Lawsuit #Cryptocurrency #CFTC #Regulation #NetworkTokens #SecondaryMarket
According to CoinDesk: Crypto.com has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), along with its Chair Gary Gensler and four commissioners, following the receipt of a Wells Notice from the regulator. The lawsuit seeks to block the SEC from what it claims is an unlawful expansion of its jurisdiction over secondary-market sales of certain network tokens traded on the exchange.The suit, filed by Foris DAX Inc., the entity operating as Crypto.com, seeks declaratory and injunctive relief to prevent the SEC from exerting authority over these transactions. Wells notices serve as preliminary notifications, warning of potential charges the regulator may bring, typically leading to enforcement actions.In a related move, Crypto.com has also submitted a petition to both the Commodity Futures Trading Commission (CFTC) and the SEC, requesting a joint interpretation to confirm that certain cryptocurrency derivative products fall under the CFTC’s regulatory oversight, not the SEC's. #CryptoCom #SEC #GaryGensler #WellsNotice #Lawsuit #Cryptocurrency #CFTC #Regulation #NetworkTokens #SecondaryMarket
🚀 Polymarket Bettors Adjust Odds of Bitcoin's Creator Reveal Ahead of HBO Documentary
#Polymarket #Bitcoin #SatoshiNakamoto #HBO #cryptocurrency #LenSassaman #AdamBack #documentary #betting #blockchain #BTC
According to CoinDesk: The mystery surrounding Satoshi Nakamoto, the elusive creator of Bitcoin, has led to shifting odds on Polymarket as rumours swirl ahead of an upcoming HBO documentary. Over the weekend, bettors favored the late cryptographer Len Sassaman as a prime candidate to be Nakamoto. However, new information caused a major shake-up, with Sassaman’s odds plunging from 55% to 14% after his widow, Meredith L. Patterson, firmly denied the claim and revealed that the documentary makers had not contacted her.As a result, bettors now believe that "Other/Multiple" candidates will be revealed in the documentary, holding a strong 56% lead in the odds. Sassaman remains at 13%, with Adam Back, CEO of Blockstream and an early Bitcoin developer, trailing at 11%. Back, who was suggested by Samson Mow, has denied being Nakamoto, tweeting that he doesn't know Satoshi's true identity.Despite no concrete leaks, speculation has driven millions of dollars in bets across various candidates on Polymarket, with over $13 million wagered in the last 24 hours. The documentary will air at 02:00 UTC on Wednesday (9 p.m. Tuesday ET), and viewers are eager to see if any definitive revelations about Bitcoin’s creator will finally emerge. #Polymarket #Bitcoin #SatoshiNakamoto #HBO #cryptocurrency #LenSassaman #AdamBack #documentary #betting #blockchain #BTC
🚀 Zama Releases Latest Cryptographic Research Updates
#Zama #Cryptography #TFHErs #Concrete #ConcreteML #fhEVM #SmartContracts #Ethereum #ResearchUpdates #Technology #ETH
According to Foresight News, cryptography company Zama has announced the latest advancements in its research, including updates to TFHE-rs (v0.8), Concrete (v2.8), and Concrete ML (v1.7). The new version of TFHE-rs v0.8 features encrypted arrays and enhanced multi-GPU support. Concrete v2.8 introduces interoperability with TFHE-rs and automatic module tracking capabilities. Concrete ML v1.7 includes transformer model fine-tuning and DNA applications.
In November, Zama plans to release fhEVM v0.6, which will feature a new fhEVM coprocessor. This update will enable developers to deploy confidential smart contracts directly on Ethereum.#Zama #Cryptography #TFHErs #Concrete #ConcreteML #fhEVM #SmartContracts #Ethereum #ResearchUpdates #Technology #ETH
🚀 JPMorgan CEO Dimon Supports Fed's Decision On Rate Cuts
#JPMorgan #JamieDimon #FederalReserve #RateCuts #InterestRates #EconomicPolicy #Finance
According to Odaily, JPMorgan CEO Jamie Dimon has expressed support for the Federal Reserve's decision to slow down the pace of rate cuts by 50 basis points. Dimon believes that long-term interest rates may remain at their current level or slightly increase. He also noted significant concerns among the public regarding the United States' fiscal and monetary policies.#JPMorgan #JamieDimon #FederalReserve #RateCuts #InterestRates #EconomicPolicy #Finance