24/7 Blockchain industry dynamics and breaking crypto news
Bankless co-founder argues ZEC is emerging as a new focal point for Bitcoin wealth. He believes ZEC's growth is fueled by capital overflow from the massive Bitcoin ecosystem, not just its inherent features like privacy. Even minor allocation from BTC holders could drive significant upside.
Read MoreBankless co-founder David Hoffman suggests NEAR Protocol could become a key smart contract asset by 2026. He notes crypto prioritizes store-of-value over smart contracts, with Ethereum's diverse culture facing stronger competition. NEAR may attract more varied market participants.
Read MoreUS Treasury Secretary Scott Besant announced on September 24th that the US and China have agreed to extend their trade truce by two months, pushing the deadline to January 10th. The extension aims to provide more time for both sides to explore potential economic solutions.
Read MoreBinance will suspend INJ deposits and withdrawals from 10 PM Beijing Time on September 24 to support the Injective network's hard fork upgrade. The upgrade is expected around 11 PM at block height 184,394,000. Spot trading remains unaffected. Services will resume once the network stabilizes.
Read MoreOn-chain lending protocol USD.AI secured a $128.9 million GPU financing facility, its largest single financing to date. The funds will support deploying 32 NVIDIA GB200 NVL72 systems in British Columbia, Canada, signaling a major push in AI infrastructure investment.
Read MoreOn-chain analysis reveals a major crypto investor has begun cutting losses on a sizable short position against CXMT stock, held since just before its IPO. The estimated total loss exceeds $10 million, nearly half from funding costs, highlighting the risks of mistimed market bets.
Read MoreSpot gold and silver prices extended losses on September 24. Gold is trading at $4275 per ounce, down 0.25%, while silver fell about 1% to $63.77. Market sentiment remains cautious amid short-term technical pressure.
Read MoreGoogle DeepMind's chief Demis Hassabis revealed that the flagship Gemini 4 AI model is in early "post-training" development. Aiming to catch up in the competitive race, Google targets an early release before year-end, followed by rapid iterations, citing "exciting" initial results.
Read MoreKB Securities partners with Securitize and Optimism to develop tokenized securities for Korean institutional investors, leveraging the Optimism network for infrastructure and Securitize's tokenization expertise.
Read MoreAn attacker manipulated a Neutron governance proposal, acquiring contract control and stealing ~$4.4M. Cosmos Hub validators halted the chain for nearly 24 hours to coordinate recovery, securing a portion of the funds.
Read MoreOn September 24, Nano Labs confirmed that founder Jack Kong's X account was compromised by hackers who posted fraudulent project information. The company issued an urgent warning, advising the community to avoid scams and verifying that official announcements are only made through authenticated channels. The incident highlights ongoing security risks for executives in the crypto space.
Read MoreBitcoin's price has fallen below the key $84,000 level, currently trading around $83,974.63 with a 24-hour decline of 2.72%, indicating heightened market volatility. This article analyzes potential drivers behind the pullback and offers risk management considerations for investors navigating the current environment.
Read MoreA cryptocurrency mining company has secured a significant credit facility increase to $50 million from its parent firm. The funds are earmarked for acquiring thousands of ASIC miners and expanding data center and power infrastructure.
Read MoreAn Arbitrum-based derivatives protocol has released its VAR token economics. 32% is allocated to a fully unlocked genesis airdrop, 18% to ecosystem reserves, and 50% to team and investors with long-term vesting. Token generation is scheduled for Q4, with unclaimed airdrops to be burned.
Read MoreOn-chain analysis reveals four linked addresses withdrew 31,979 ETH worth $85.68M from an exchange during the September 24 market dip, averaging $2,679 per token. This suggests strategic accumulation by a whale entity.
Read More