Stablecoins
Crypto
Fresh Bitcoin whales invest over $100 billion, signaling market transformation
Addresses holding BTC for less than 155 days on average represent 48.8% of Bitcoin's realized cap, on-chain data reveals.
Payments
Samsung Pay expands crypto payments options via Alchemy Pay partnership
Over 500,000 Alchemy Pay users will be able to use the Samsung Pay gateway for online and in-store crypto payments in 24 different countries.
Privacy
Privacy tokens reach highest delisting rate in 2024 — Kaiko
Monero delistings increase six-fold in one year, followed by Dash's nearly 20 removals from crypto exchanges.
Crypto
Bitcoin’s latest dip below $60K signals market stabilization amid geopolitical tensions – Bitfinex
Bitcoin's pullback last week reduced perpetual open interes by over $3 billion, to more stable levels.
Crypto
Court greenlights FTX’s $16.5 billion bankruptcy plan to repay defrauded customers
The repayments will be in cash, with interest, and should start within 60 days after the plan comes into effect.
Investments
Crypto startups secure $691 million in venture capital during September
Investments in blockchain gaming grew for the second consecutive month, with $68 million directed at this sector's startups.
Crypto
Standard Chartered advises buying Bitcoin below $60,000 despite geopolitical uncertainty
Middle East tensions and US elections potential outcomes push Bitcoin's price in opposite directions, creating an "interesting circularity."
Crypto
PayPal settles invoice with EY in PYUSD first business payment
PayPal’s senior vice president for blockchain, cryptocurrency, and digital currency stated that stablecoins are well-suited for enterprises.
Crypto
Tokenized funds get preliminary approval to be used as collateral in the US
Funds such as BUIDL and FOBXX could be approved as collateral in 2024 in the US traditional finance market.
Featured
CFTC loses appeal as US court greenlights prediction markets involving elections in Kalshi case
The CFTC endured two legal loses against prediction market Kalshi, which now can resume its US election-related offerings.
DeFi
DeFi TVL up 10% in September to $133 billion
DeFi ecosystems built on Move-based blockchains Aptos and Sui made huge contributions to the TVL growth last month.
Banking
Fraud platform integrates JPMorgan’s blockchain solution to verify vendor banking data
Trustpair taps JPMorgan's blockchain-based solution Confirm to reduce payment fraud risk and reduce delays.
