24/7 Blockchain industry dynamics and breaking crypto news
On September 25, Binance founder CZ publicly expressed support for Bitget amid its challenges. He pledged that Binance, the BNB Chain ecosystem, and the community would mobilize all possible assistance, while urging the broader crypto community to remain vigilant and secure. This move highlights solidarity among major industry players during critical times.
Read MoreOn September 25, the yield on the benchmark US 30-year Treasury bond decisively broke through the 5.5% threshold, reaching its highest level since 2004. This significant milestone signals a new era of elevated long-term borrowing costs, with profound implications for global financial markets, corporate financing, and economic policy.
Read MoreAsset manager Bitwise has filed with the SEC to launch a NEAR Protocol ETF, aiming to list on NYSE Arca under the ticker “NRR.” This move seeks to provide regulated exposure to the NEAR token, signaling growing institutional interest in layer-1 blockchain assets beyond Bitcoin and Ethereum.
Read MoreCross-chain DEX aggregator Jumper is spinning off from LI.FI as an independent company and launching its first JUMP token sale via Legion. The platform has processed over $40 billion in volume with 100k monthly active users. Funds will fuel expansion into perpetuals and real-world asset trading.
Read MoreAI cloud computing firm Nscale has raised $33.6 billion in convertible notes led by Third Point, with participation from NVIDIA, Apollo, and Citadel. The funds will accelerate expansion of AI cloud infrastructure, including power, liquid-cooled data centers, and large-scale GPU clusters, supporting over $103 billion in total contract value.
Read MoreKey developments emerged in crypto on Sept 25. Circle froze assets in a stolen exchange address, while CoinMarketCap finalized its Coinglass acquisition. Updates on dividends, platform features, and security incidents highlight industry activity.
Read MoreBackpack has launched a cash dividend feature for stocks and ETFs, automatically crediting eligible payouts directly to user accounts. This update streamlines the investment process, offering a more convenient way to earn passive income and marking a significant expansion in traditional asset services.
Read MoreBitcoin has broken below the key $84,000 support level, currently trading at $83,988.06 with 24-hour gains of 0.52%. Market volatility is intensifying, requiring investors to monitor technical indicators closely and implement robust risk management strategies. This analysis examines current market conditions and provides actionable insights.
Read MoreEthereum (ETH) has broken below the crucial $2,700 support level, currently trading at $2,699.7. Despite a 24-hour gain of 1.95%, market volatility has intensified significantly. This analysis explores the dynamics behind the price action and offers essential risk management insights for investors.
Read MoreSolana's SOL token has decisively broken through the $120 resistance level, currently trading around $120.03. The asset recorded a notable 24-hour gain of 5.65%, accompanied by increased market volatility. Investors are advised to exercise caution and implement robust risk management strategies amidst the bullish momentum.
Read MoreMagic Eden's CEO clarified the platform was not directly attacked; the issue stemmed from a smart contract flaw in partner Limit Break's trading protocol. The platform ceased using it two years ago and is coordinating asset freeze measures while advising users to revoke approvals. A white-hat hacker helped mitigate losses.
Read MoreCircle has frozen $100K in USDC linked to the Bitget security incident. With approximately $218K in USDT remaining in the same address, the crypto community is urging Tether to follow suit, highlighting a pivotal moment for stablecoin issuer accountability.
Read MoreCoinMarketCap has completed its acquisition of crypto derivatives data provider Coinglass. The deal integrates Coinglass's extensive market data into CoinMarketCap's platform for its massive user base, while Coinglass continues to operate independently.
Read MoreStrategy plans to shift four STR series preferred stocks to a daily dividend model, calculated daily and paid the next business day. The move aims to enhance price stability and market liquidity while keeping economic terms unchanged, potentially impacting investor cash flow and trading strategies.
Read MoreThe UAE and Singapore are emerging as key testing grounds for stablecoin-based cross-border payments and corporate treasury solutions. Despite rapid market growth and rising merchant adoption, challenges like compliance, liquidity, and local settlement remain significant hurdles.
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