According to BlockBeats, on September 25, according to the official announcement, Coinbase will add support for ZKsync (ZK) on the ZKsync network.

Trading will commence on or after 9:00 a.m. (PT) on September 25, 2024, provided liquidity conditions are met.

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According to BlockBeats, on September 25, The Block reported that the U.S. Securities and Exchange Commission (SEC) has postponed its decision on whether to allow BlackRock’s spot Ethereum ETF to conduct options trading.

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BlockBeats news, on September 25, the decentralized social protocol Farcaster client Warpcast launched a native way to develop applications for decentralized social media protocols. The tool system is called Mini-app and went live on Tuesday. Similar to the existing Farcaster Frames feature, it allows users to embed decentralized applications (dapps) directly into their social media dynamics.

Warpcast developer horsefacts explained in a social media post: “The Mini-app view is a complete HTML/CSS/JS web page, so it is both simple and complex in some ways. Simple because users can use a full interactive canvas and any web framework they want, complex because it requires more content to set up than a simple image.” (The Block)

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According to BlockBeats, on September 25, according to HTX market data, affected by the news that “the U.S. Securities and Exchange Commission accused stablecoin TUSD operators TrustToken and TrueCoin of deceiving investors about stablecoin investment plans”, TRU fell by more than 5% in a short period of time, temporarily reporting US$0.0975.

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According to BlockBeats, on September 25, according to market news, the U.S. Securities and Exchange Commission stated that 99% of TUSD reserves were invested in “speculative offshore funds.”

Previously, the U.S. Securities and Exchange Commission accused stablecoin TUSD operators TrustToken and TrueCoin of deceiving investors about stablecoin investment plans.

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According to BlockBeats, on September 25, according to Coinglass data, the entire network had a liquidation of 27.1045 million US dollars in the past 4 hours, of which long positions were liquidated for 21.9173 million US dollars and short positions were liquidated for 5.1755 million US dollars.

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According to BlockBeats, on September 25, spot silver stood at $32/ounce, a new high since May, up 4.31% on the day. (Jinshi)

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According to BlockBeats, on September 25, The Block Pro reported that the U.S. Securities and Exchange Commission reached a settlement on the charges against TRUECOIN LLC and TRUSTTOKEN INC.’s stablecoin plan.

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According to BlockBeats, on September 25, Ethena Labs announced that Ethena’s liquidity re-collateralization token eUSD, which is in cooperation with EigenLayer, is now online and currently supports deposits of different stablecoins to exchange for eUSD.

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According to BlockBeats, on September 25, the S&P 500 index hit a new intraday high, up 0.24% on the day. (Jinshi)

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According to BlockBeats, on September 24, CryptoQuant pointed out that the price of Bitcoin rose nearly 8% after the Federal Reserve cut interest rates by 50 basis points. Its “profit supply” indicator has broken through the 365-day moving average, indicating that further increases may be possible in the future.

The indicator shows that more and more Bitcoin holders are in profit, which may reduce selling pressure and improve market confidence. However, analysts warned that Bitcoin’s rise was initially driven by spot market purchases, but the slowdown in this activity may lead to consolidation or partial pullback in the short term.

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BlockBeats news, on September 24, multi-asset investment platform eToro expanded its cryptocurrency products in Germany by launching spot trading services. Previously, German users could only trade cryptocurrency contracts for difference (CFDs) on the platform.

eToro announced that it has partnered with two local companies regulated by BaFin to support spot cryptocurrency trading services, of which DLT Finance will be responsible for spot trading execution and Tangany will be responsible for digital asset custody. Under the new arrangement, German traders will interact with DLT Finance as their counterparty, and Tangany will hold their cryptocurrency assets on behalf of eToro.

To trade, users need to agree to the terms of service of the three entities (eToro, DLT Finance and Tangany), and eToro plans to charge a 1% fee on crypto asset transactions.

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According to BlockBeats, on September 24, according to official news, the CATIZEN Stake To Earn reward withdrawal channel is open, and users can withdraw previously staked CATI and additional trading platform tokens.

During this staking income activity, more than 15 million CATI have been staked and more than 1.1 million CATI Holders have participated.

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According to BlockBeats, on September 24, Binance CEO Richard Teng disclosed on social media that earlier this month, Binance’s historical trading volume exceeded 100 trillion US dollars.

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Featured News

1.Neiro announces partnership with DWF Labs

2.Arthur Hayes: Doubled MOTHER Position

3.CREAM, ID, and UNI top the Smart Money 24-hour inflow list

4.Phaver: SOCIAL airdrop will be open for claiming at 17:00 today

5.Yesterday, the US Bitcoin ETF had a net inflow of $4.53 million

Trending Topics

来源：Overheard on CT（tg：@overheardonct），Kaito

$TIA：Discussions around TIA today have focused on Bain Capital Crypto’s $100 million investment in the project. This significant investment has sparked optimism about Celestia’s potential to improve blockchain scalability and throughput, with many highlighting its unique modular architecture and data availability solutions. The news has also sparked increased interest in the $TIA token, with people discussing its potential price action and the impact of the upcoming token unlock.

$ZK：Discussions around ZK today focused on its important progress and growing ecosystem. Key topics included the launch of Aave V3 on ZKSYNC, Treasure DAO’s migration from Arbitrum to ZKSYNC, and the increase in the number of active users on the platform. The community is excited about ZKSYNC becoming the leading liquidity layer and its role in decentralized gaming, with Treasure DAO’s move being a major highlight. The overall sentiment was very positive, with many looking forward to further growth and innovation within the ZKSYNC ecosystem.

$NEAR ：Discussions about NEAR today have focused on its recent implementation of sharding technology, which has received a lot of attention and is seen as a major breakthrough in blockchain scalability. This development has sparked optimism about NEAR’s potential, with many predicting its breakthrough and emphasizing its role in the field of artificial intelligence, along with other tokens such as TAO and FET. Grayscale also listed NEAR as one of the most promising AI tokens in the third quarter of 2024.

Threads & Tweets

1. The truth about DeFi’s market value,@0xpotatoSam

2. How to become a better crypto KOL,@edison_near

3. The crypto middle class is disappearing,@francescoweb3

Featured Articles

1.《The great return of DeFi》

Flow, Cryptography Researcher

On one hand, we are witnessing the emergence of multiple new DeFi primitives that are more secure, scalable, and mature than they were a few years ago. DeFi has proven its resilience, establishing itself as one of the few crypto sectors with proven use cases and real applications. On the other hand, the current monetary environment is also supporting the recovery of DeFi. Similar to the last DeFi summer, current DeFi indicators suggest that we may be at the beginning of a larger upward trend.

2.《Seven years after leaving Africa and joining Crypto, we are still talking about faith》

Athena Y, Developer at Wello

How the narrative is translated is not too important, especially when another big shot joked that PayFi could actually be called FiFi, because Payment itself is finance. What is really interesting and meaningful is that after a long detour, we began to return to the fundamental attribute of crypto related to payment in addition to investment and speculation. Just like the redistribution of value and wealth, the development of all things in the world follows the basic laws of history. From a small product to a large track and industry, what really lasts is the product that truly creates positive value for society. Returning to this essence, our beliefs will not be so fragile and easily shaken.

3.《In Web3, where meetings fill every day, how can we improve our meeting efficiency? | In-depth dialogue》

Steven Rogelberg, Professor, University of North Carolina

A good meeting atmosphere cannot be separated from the active guidance of leaders. They need to pay attention to team dynamics and promote the exchange and collision of different perspectives. In addition, regular one-on-one meetings are also an important means to improve employee engagement and retention, especially when managers can listen to and understand employees’ needs. In general, improving the quality of meetings should focus on their main purpose, structure design, participant selection and feedback mechanism to ensure that each meeting can bring substantial value.

Biggest gainers & losers

Token volatility on September 24, sorted by trading volume

Top Gainer

1.$FIDA (Solana)

2.$UXLINK (Ethereum)

3.$Aavegotchi (Ethereum)

Top Loser

1.$UP(Ethereum)

2.$REEF (Ethereum)

Today’s Hot Meme

Meme fund flows on September 24, sorted by trading volume and increase

1.$HERSELF (Solana)

2.$NEIRO (Solana)

On-chain data

On-chain fund flows on September 24

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According to BlockBeats, on September 24, QCP released a daily report stating that in terms of cryptocurrencies, the overall bullish trend has led to a greater increase in the price of Ethereum relative to Bitcoin, with the ETH/BTC cross rate rising from 0.038 on Friday to 0.0415 today. This is a sign of a recovery in confidence in ETH, or simply due to high volatility caused by impaired liquidity.

In terms of the options market, ETH’s front-end skew has shifted from put options to call options, while ETH’s implied volatility is 9% higher than BTC, indicating market sentiment for an upside and higher expected volatility.

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According to BlockBeats, on September 24, according to Lookonchain monitoring, 3 hours ago, yamster.eth sold 6.4 billion Terminus and obtained 31.22 ETH, equivalent to about 826,000 US dollars.

yamster.eth made $151,800 (306 times) on Terminus and $837,000 (355 times) on TERMINUS, and currently still holds 2 million TERMINUS (about $836,000) and 4 billion Terminus (about $697,000).

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Original author: Heart

Original translation: Plain Language Blockchain

In recent years, the financial world has undergone a revolutionary change brought about by the tokenization of real-world assets. This innovative way of representing and trading real-world assets on blockchain platforms is gaining attention worldwide, and many countries are actively promoting and regulating this technology. When we delve into the current status and future possibilities of real-world asset tokenization, it is not difficult to find that we are on the verge of a financial revolution that may completely change the way we understand and interact with assets.

1. The global landscape of real-world asset tokenization

Multiple countries are leading the application and regulation of real-world asset tokenization, each using unique methods and showing varying degrees of enthusiasm:

1) Singapore: Pioneer in real-world asset tokenization

Singapore has become a leader in the field of real-world asset tokenization. The Monetary Authority of Singapore (MAS) actively promotes and regulates tokenized securities through its Fintech Regulatory Sandbox. The launch of Project Guardian, a collaboration with the financial industry, further demonstrates Singapore’s strong commitment to exploring the economic potential and value-added applications of asset tokenization.

2) Switzerland: Building a comprehensive legal framework

Switzerland has taken a proactive approach and provided a comprehensive legal framework for the trading rights of tokenized securities through the Blockchain Act. The Swiss Financial Market Supervisory Authority (FINMA) is supportive of tokenized securities and provides clear guidance for their issuance, making Switzerland an ideal place for blockchain and tokenization projects.

3) The United States: A decentralized regulatory model across states

Although the United States has not yet established a federal framework for the tokenization of real assets, some states have taken the lead. Take Wyoming as an example. The state has passed a number of laws to build a regulatory framework for digital assets including tokenized securities. This state-level model provides room for innovative experimentation and may also lay the foundation for a more nuanced federal framework in the future.

4) EU: Markets in Crypto-Assets Regulation (MiCA)

The EU is developing the Markets in Crypto-Assets Regulation (MiCA), which aims to provide a comprehensive framework for digital assets, including tokenized securities. Although the regulation does not specifically target the tokenization of real assets, it is expected to have a significant impact on the tokenization space across Europe and may set standards for other regions.

5) Japan: Revising existing laws

The Financial Services Agency (FSA) of Japan is developing regulations to allow the issuance of tokenized securities. By revising the Financial Instruments and Exchange Act to include security tokens, Japan is adapting its existing legal framework to accommodate this emerging technology.

6) UAE: Embracing blockchain and tokenization

The UAE, especially Dubai, is actively promoting the application of blockchain technology and tokenization. The Dubai Financial Services Authority (DFSA) has launched a regulatory framework for digital assets including tokenized securities, positioning the UAE as a hub for blockchain innovation in the Middle East.

7) Hong Kong: Developing a comprehensive framework

The Securities and Futures Commission (SFC) of Hong Kong has issued guidelines on the issuance of security tokens and is working on developing a comprehensive regulatory framework for virtual assets, including tokenized securities. The move demonstrates Hong Kong’s commitment to maintaining its position as a major financial center in the digital age.

8) Nigeria: Tokenization of Real Estate

The Lagos State Government in Nigeria has proposed an innovative plan to tokenize real estate, aiming to use blockchain technology to improve the transparency, efficiency and ease of transfer of real estate transactions, a move that is expected to increase the state’s endogenous revenue.

2. The Future of Tokenization of Real Assets: Expanding into New Areas

As the tokenization of real assets continues to accelerate, it is expected to involve all aspects of the economy and society. The following are some areas that the government may consider adopting in the future:

1) Infrastructure Financing

The government can explore the tokenization of infrastructure projects to achieve more efficient financing and management of public works. This may make infrastructure investment more popular and allow small investors to participate in large projects.

2) Public Services

Tokenization can be applied to various public services, such as healthcare and education. For example, tokenized healthcare credits can be used to more efficiently manage and trade healthcare benefits.

3) Energy and Environmental Assets

Tokenization of renewable energy credits or carbon offsets can create a more liquid market for these environmental assets, thereby accelerating the transition to sustainable energy.

4) Intellectual Property

Governments may consider developing a framework for tokenizing intellectual property to make it easier to trade and manage patents, copyrights, and trademarks in the digital realm.

5) Government Bonds and Securities

Tokenizing government bonds and securities could increase their accessibility to a wider range of investors and potentially reduce the costs associated with issuance and trading.

6) Land and Property Registry

Following Nigeria’s example, other governments may also explore tokenizing land and property registries to increase transparency, reduce fraud, and streamline property transactions.

7) Digital Identity

While digital identity is not an asset in the traditional sense, it can be tokenized to provide secure, portable, and user-controlled authentication for a variety of government and private sector services.

8) Cultural and historical assets

Tokenization can be used to divide the ownership of cultural and historical assets, allowing a wider range of the public to participate in their protection and appreciation.

9) Pension and social security systems

Governments may consider tokenizing pensions and social security benefits to create a more flexible and portable system for citizens.

10) Public transportation

Tokenized transportation points can be used to create a more efficient and flexible public transportation system, and even have the potential to integrate multiple modes of transportation and achieve convenient management through an easily tradable token.

3. Outlook for the future

The global application of real-world asset tokenization is accelerating, and countries are gradually realizing that it can not only transform the financial sector, but also expand to a wider range of application scenarios. From Singapore’s proactive initiatives to Nigeria’s innovative real estate tokenization program, governments are exploring ways to integrate this technology into their financial and regulatory frameworks.

Looking ahead, the potential applications for real-world asset tokenization are nearly endless. From infrastructure financing to environmental assets, from intellectual property to public services, tokenization has the potential to reshape the way we understand, manage, and trade all types of assets.

However, as with any transformative technology, the road ahead is not without challenges. Governments and regulators will need to adapt to develop frameworks that promote innovation while protecting consumer rights and financial stability. The global landscape for real-world asset tokenization is still evolving, and it will be interesting to see how different countries navigate this new frontier.

What is certain is that the tokenization of real assets is no longer a distant concept, but a reality that is rapidly reshaping the global financial landscape. As more and more countries adopt and explore the potential applications of this technology, a more interconnected, efficient and inclusive financial world is gradually emerging. The tokenization revolution has arrived and is setting off a global wave.

Original link

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According to BlockBeats, on September 24, during Bitcoin’s recovery over the past month, altcoins have shown strong momentum, leading analysts to believe that the market may be about to usher in the altcoin season.

Trader 360Trader observed that the total crypto market capitalization (TOTAL3) excluding Bitcoin and Ethereum retested the upper boundary of the descending channel. Although this key level has been suppressing prices since March, a decisive close above it would confirm “a fatal blow to the bears.”

ParabolicPump said that as altcoin prices rise, Bitcoin’s market share is about to break down from its rising wedge. “It’s only a matter of time. Every bull run in cryptocurrencies will have a stage where Bitcoin’s market share will drop significantly.”

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BlockBeats reported that on September 24, Robinhood officially announced that UNI, XLM and XTZ trading is now open to users in New York State, and users can buy and sell 14 assets in New York State.

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