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Two of our competitors are spreading false rumors about ARKM movements in an attempt to create FUD. The ARKM movements being discussed, like all of the ARKM transfers that have ever been made, are of unlocked tokens as per the published tokenomics here: https://codex.arkhamintelligence.com/tokenomics. They point to two key transfers. Both of these transfers were of unlocked tokens as part of the published tokenomics: 1. 20M ARKM from the Foundation Treasury to a separate wallet. This movement was approved in the first and most recent Arkham governance proposal ( https://snapshot.org/#/arkmgovernance.eth/proposal/0x60ed9078a162681639021638444fceb99de11228d0efece12cccd6e70dde0090) This governance proposal was announced here: https://x.com/ArkhamIntel/status/1768732755590885645. And all of these tokens are fully unlocked as stated in the tokenomics. 152M remains in the Foundation Treasury out of 172M ARKM allocated (https://platform.arkhamintelligence.com/explorer/address/0x90423cBdE95cBC6FA30860b22eF5DD0181283914). 24M of the ARKM in the treasury is unlocked but has yet to be voted on in a governance proposal. 2. 5M ARKM from Ecosystem Fund. These tokens were unlocked as per the published tokenomics, according to which the Ecosystem Fund unlocks over the course of 5 years, starting with 70M at launch. The Ecosystem Fund currently holds 260M ARKM, more than the number of locked tokens. (https://platform.arkhamintelligence.com/explorer/address/0xd6aBb89b27eADC93C79649aF472d238ED2B40165) One of the competitors stated that the total ARKM in vesting wallets is below the number in the tokenomics allocation. Vesting wallets will be deployed over time as we receive addresses from less crypto-native investors and as new hires are made and receive token compensation. There have been no early unlocks and all team and investor tokens remain fully locked and trackable using the top holders feature on our platform. We spend our time building our product, not responding to people on the internet, but because there were serious false rumors spread, we've addressed them.

If we were them, we'd be worried about us too🐂 https://t.co/GWWPtcnhJt
TRENDING CRYPTO NEWS 🔥 - Beosin Alert has reported that the attacker targeting Balancer has accumulated profits of around $2.1 million. The attacker has gained approximately $1.6 million on Ethereum, $290,000 on Fantom, and $210,000 on Optimism. - Web3 social application friend.tech has issued an apology, stating, 'I am sorry, it was out of fear, this fear made me have a zero-sum game mentality when telling you not to use other products, it was a foolish statement, I know I have disappointed many of you.' In a recent report, friend.tech announced that users who opt to use the forked version will automatically choose not to earn points and will forfeit their existing points. - MakerDAO founder Rune Christensen has reportedly purchased an additional 211.61 MKR tokens, worth approximately $215,000, at an average price of $1,016 per token. This transaction took place 7 hours ago and follows a previous purchase made by Christensen on August 25th, when he exchanged 200,000 DAI for 197.5 MKR tokens at an average price of $1,013 per token. Over the past four days, Christensen has acquired a total of 409.06 MKR tokens, worth around $415,000, with an average purchase price of $1,015. - BlueMove, a multi-chain NFT marketplace designed based on the Move language public chain, announced that it will cease operations on the Sei Network in 72 hours (UTC August 31, 4:00). The decision comes as the current trading volume on Sei is lower than expected. During this period, BlueMove is urging all users to delist their NFTs to prevent any potential asset loss. - BlueMove, a multi-chain NFT marketplace designed based on the Move language public chain, announced that it will cease operations on the Sei Network in 72 hours (UTC August 31, 4:00). The decision comes as the current trading volume on Sei is lower than expected. During this period, BlueMove is urging all users to delist their NFTs to prevent any potential asset loss. - peaq to Demonstrate EV Charging and Parking Payments with Tesla and Jaguar at IAA MOBILITY 2023 #CryptoPM #CRYPTONEWS #NEWS
TRENDING CRYPTO NEWS 🔥

- Beosin Alert has reported that the attacker targeting Balancer has accumulated profits of around $2.1 million. The attacker has gained approximately $1.6 million on Ethereum, $290,000 on Fantom, and $210,000 on Optimism.

- Web3 social application friend.tech has issued an apology, stating, 'I am sorry, it was out of fear, this fear made me have a zero-sum game mentality when telling you not to use other products, it was a foolish statement, I know I have disappointed many of you.' In a recent report, friend.tech announced that users who opt to use the forked version will automatically choose not to earn points and will forfeit their existing points.

- MakerDAO founder Rune Christensen has reportedly purchased an additional 211.61 MKR tokens, worth approximately $215,000, at an average price of $1,016 per token. This transaction took place 7 hours ago and follows a previous purchase made by Christensen on August 25th, when he exchanged 200,000 DAI for 197.5 MKR tokens at an average price of $1,013 per token. Over the past four days, Christensen has acquired a total of 409.06 MKR tokens, worth around $415,000, with an average purchase price of $1,015.

- BlueMove, a multi-chain NFT marketplace designed based on the Move language public chain, announced that it will cease operations on the Sei Network in 72 hours (UTC August 31, 4:00). The decision comes as the current trading volume on Sei is lower than expected. During this period, BlueMove is urging all users to delist their NFTs to prevent any potential asset loss.

- BlueMove, a multi-chain NFT marketplace designed based on the Move language public chain, announced that it will cease operations on the Sei Network in 72 hours (UTC August 31, 4:00). The decision comes as the current trading volume on Sei is lower than expected. During this period, BlueMove is urging all users to delist their NFTs to prevent any potential asset loss.

- peaq to Demonstrate EV Charging and Parking Payments with Tesla and Jaguar at IAA MOBILITY 2023

#CryptoPM #CRYPTONEWS #NEWS
TOP 25 CRYPTO NEWS OF THE DAY 🔥 1. Whale leverages ETH to acquire wstETH and stETH 2. Multisig Wallet Purchases 32,820 RPL Tokens Using 450 ETH 3. Arbitrum Community Proposes Distribution of 75 Million ARB Rewards to Active Protocols 4. Tether CTO Suggests Crypto Exchanges Reinvest Profits in Bitcoin 5. Matter Labs CEO Proposes Ethereum Court System 6. London Stock Exchange Plans Blockchain-Based Digital Market Business 7. Blend's Total Transaction Volume Surpasses $2 Billion, Doubling Since June End 8. Canaan's Q2 Revenue Increases to $73.9 Million, Net Loss Rises by 31% 9. Zhongan Bank Opens Operating Accounts for 60-70 Web3 Companies, with 20-30 Awaiting Approval 10. Binance Integrates Maverick Protocol (MAV) on BNB Smart Chain, Opens Deposits and Withdrawals 11. FTX Wallet's $10M Crypto Transfer Raises Concerns of Potential Token Dumps 12. Opera Ranks Fifth in Global Browser Market Share 13. Blend NFT Lending Protocol Surpasses $2 Billion in Total Transactions 14. Gala Games to migrate platform to Gala Chain by year-end 15. Arbitrum Community Passes AIP 6 for Council Election Implementation 16. Arbitrum Incentive Working Group Proposes Short-Term Incentive Plan 17. Chain analyst ZachXBT returns donations on multiple platforms 18. dYdX Community Votes to Adopt V4 Proposal and Migrate DYDX Token to dYdX Chain 19. Open Exchange (OPNX) Reports $62.6 Billion in Trading Volume 20. Gala Games CEO sues co-founder over alleged theft of 8.6 billion GALA tokens 21. French data regulator inspects Worldcoin's Paris office 22. Token Unlocks Data: Upcoming One-Time Unlocks for TORN, LQTY, GAL, LOOKS, HFT, GLMR, IMX 23. Argo Blockchain Reduces Debt and Overall Costs, Revenue Takes a Hit 24. Over 425 Million XRP Transferred from Bitvavo to Unknown Wallet 25. Shiba Inu Lead Developer Provides Updates on Shibarium and Future Plans #CRYPTONEWS
TOP 25 CRYPTO NEWS OF THE DAY 🔥

1. Whale leverages ETH to acquire wstETH and stETH

2. Multisig Wallet Purchases 32,820 RPL Tokens Using 450 ETH

3. Arbitrum Community Proposes Distribution of 75 Million ARB Rewards to Active Protocols

4. Tether CTO Suggests Crypto Exchanges Reinvest Profits in Bitcoin

5. Matter Labs CEO Proposes Ethereum Court System

6. London Stock Exchange Plans Blockchain-Based Digital Market Business

7. Blend's Total Transaction Volume Surpasses $2 Billion, Doubling Since June End

8. Canaan's Q2 Revenue Increases to $73.9 Million, Net Loss Rises by 31%

9. Zhongan Bank Opens Operating Accounts for 60-70 Web3 Companies, with 20-30 Awaiting Approval

10. Binance Integrates Maverick Protocol (MAV) on BNB Smart Chain, Opens Deposits and Withdrawals

11. FTX Wallet's $10M Crypto Transfer Raises Concerns of Potential Token Dumps

12. Opera Ranks Fifth in Global Browser Market Share

13. Blend NFT Lending Protocol Surpasses $2 Billion in Total Transactions

14. Gala Games to migrate platform to Gala Chain by year-end

15. Arbitrum Community Passes AIP 6 for Council Election Implementation

16. Arbitrum Incentive Working Group Proposes Short-Term Incentive Plan

17. Chain analyst ZachXBT returns donations on multiple platforms

18. dYdX Community Votes to Adopt V4 Proposal and Migrate DYDX Token to dYdX Chain

19. Open Exchange (OPNX) Reports $62.6 Billion in Trading Volume

20. Gala Games CEO sues co-founder over alleged theft of 8.6 billion GALA tokens

21. French data regulator inspects Worldcoin's Paris office

22. Token Unlocks Data: Upcoming One-Time Unlocks for TORN, LQTY, GAL, LOOKS, HFT, GLMR, IMX

23. Argo Blockchain Reduces Debt and Overall Costs, Revenue Takes a Hit

24. Over 425 Million XRP Transferred from Bitvavo to Unknown Wallet

25. Shiba Inu Lead Developer Provides Updates on Shibarium and Future Plans

#CRYPTONEWS
Blockchain Betting Platforms: Ramaswamy Gains Ground Over DeSantis in GOP Nomination RaceBlockchain-based betting platforms like Polymarket and Manifold operate with limited legal backing in the United States. Still, their unique feature enables users to place bets on various subjects. While the accuracy of prediction markets in gauging election probabilities is debatable, they still serve as an intriguing gauge of public sentiment. To summarize, the odds offered by blockchain bettors remained relatively stable following Wednesday's debate. However, crypto betting platforms reveal that Vivek Ramaswamy has surged ahead of Florida Governor Ron DeSantis in the past week, emerging as the leading contender to challenge Trump. Despite its U.S. illegality for betting, Polymarket, the largest blockchain-based prediction market, has attracted nearly $5 million in bets regarding the Republican nomination race. Though Polymarket's GOP betting lines haven't shifted significantly since the recent debate, heightened betting activity and volatility are expected as the 2024 presidential race unfolds due to the substantial investment in the platform. Presently, Donald Trump holds a clear lead on Polymarket, aligned with most polls. In prediction markets, higher voting costs signify a higher perceived likelihood of a particular outcome. On Polymarket, betting 71 cents in favor of a second Trump nomination earns $1 if he wins, while betting 32 cents against yields nothing upon his loss. Polymarket's data suggests DeSantis's debate performance didn't drastically alter his position, as his support dipped from 14 to 12 cents in the past week. During the debate, entrepreneur and political newcomer Vivek Ramaswamy garnered praise for distinguishing himself among well-known politicians. On Polymarket and general prediction markets, Ramaswamy enjoys a lead over DeSantis in the race for the GOP nomination. Over the week, bets favoring Ramaswamy rose from 13 to 16 cents. While Ramaswamy's pro-Bitcoin stance might explain his popularity on platforms like Polymarket, his lead in the secondary race is also evident in polling and conventional betting markets. #CRYPTONEWS

Blockchain Betting Platforms: Ramaswamy Gains Ground Over DeSantis in GOP Nomination Race

Blockchain-based betting platforms like Polymarket and Manifold operate with limited legal backing in the United States.

Still, their unique feature enables users to place bets on various subjects.

While the accuracy of prediction markets in gauging election probabilities is debatable, they still serve as an intriguing gauge of public sentiment.

To summarize, the odds offered by blockchain bettors remained relatively stable following Wednesday's debate.

However, crypto betting platforms reveal that Vivek Ramaswamy has surged ahead of Florida Governor Ron DeSantis in the past week, emerging as the leading contender to challenge Trump.

Despite its U.S. illegality for betting, Polymarket, the largest blockchain-based prediction market, has attracted nearly $5 million in bets regarding the Republican nomination race.

Though Polymarket's GOP betting lines haven't shifted significantly since the recent debate, heightened betting activity and volatility are expected as the 2024 presidential race unfolds due to the substantial investment in the platform.

Presently, Donald Trump holds a clear lead on Polymarket, aligned with most polls.

In prediction markets, higher voting costs signify a higher perceived likelihood of a particular outcome. On Polymarket, betting 71 cents in favor of a second Trump nomination earns $1 if he wins, while betting 32 cents against yields nothing upon his loss.

Polymarket's data suggests DeSantis's debate performance didn't drastically alter his position, as his support dipped from 14 to 12 cents in the past week.

During the debate, entrepreneur and political newcomer Vivek Ramaswamy garnered praise for distinguishing himself among well-known politicians.

On Polymarket and general prediction markets, Ramaswamy enjoys a lead over DeSantis in the race for the GOP nomination. Over the week, bets favoring Ramaswamy rose from 13 to 16 cents.

While Ramaswamy's pro-Bitcoin stance might explain his popularity on platforms like Polymarket, his lead in the secondary race is also evident in polling and conventional betting markets.

#CRYPTONEWS
Blockchain Bettors Favor Vivek Ramaswamy Over Ron DeSantis as Strong Trump Challenger PostGOP DebateDuring Wednesday's first debate for the 2024 U.S. Republican presidential nomination, candidates aimed to shift attention away from non-participating former President Donald Trump. Nevertheless, much of the spotlight remained on political newcomer Vivek Ramaswamy. Former President Donald Trump and Florida Gov. Ron DeSantis have been prominent figures in the Republican presidential nomination race this year. However, their dominance didn't extend to the debate stage on Wednesday night. Trump chose to skip the GOP's initial presidential primary debate due to his strong lead in the polls. Instead, he opted for an interview with recently fired Fox News host Tucker Carlson. Meanwhile, during much of the event, DeSantis attended the debate but was overshadowed by a Bitcoin-friendly entrepreneur, Vivek Ramaswamy. Florida Governor Ron DeSantis went into the debate with significant potential gains and losses. Initially considered the leading GOP contender against a second Trump presidency, DeSantis fell far behind the former president in most polls due to campaign changes and financial difficulties. Amidst the intense debate, Vivek Ramaswamy stood on stage, a 38-year-old tech entrepreneur and unexpected contender. Despite being a newcomer and trailing Trump, he has gained ground in recent polls, earning a spot beside DeSantis at the forefront. Demonstrating his adeptness for video and staying on point, Ramaswamy spoke about his humble beginnings, emphasizing how his immigrant parents' sacrifices enabled him to establish billion-dollar enterprises. Initially considered the leading GOP contender against a second Trump presidency, DeSantis fell far behind the former president in most polls due to campaign changes and financial difficulties. Amidst the intense debate, Vivek Ramaswamy stood on stage, a 38-year-old tech entrepreneur and unexpected contender. Despite being a newcomer and trailing Trump, he has gained ground in recent polls, earning a spot beside DeSantis at the forefront. Demonstrating his adeptness for video and staying on point, Ramaswamy spoke about his humble beginnings, emphasizing how his immigrant parents' sacrifices enabled him to establish billion-dollar enterprises. #CRYPTONEWS

Blockchain Bettors Favor Vivek Ramaswamy Over Ron DeSantis as Strong Trump Challenger PostGOP Debate

During Wednesday's first debate for the 2024 U.S. Republican presidential nomination, candidates aimed to shift attention away from non-participating former President Donald Trump. Nevertheless, much of the spotlight remained on political newcomer Vivek Ramaswamy.

Former President Donald Trump and Florida Gov. Ron DeSantis have been prominent figures in the Republican presidential nomination race this year.

However, their dominance didn't extend to the debate stage on Wednesday night.

Trump chose to skip the GOP's initial presidential primary debate due to his strong lead in the polls. Instead, he opted for an interview with recently fired Fox News host Tucker Carlson.

Meanwhile, during much of the event, DeSantis attended the debate but was overshadowed by a Bitcoin-friendly entrepreneur, Vivek Ramaswamy.

Florida Governor Ron DeSantis went into the debate with significant potential gains and losses.

Initially considered the leading GOP contender against a second Trump presidency, DeSantis fell far behind the former president in most polls due to campaign changes and financial difficulties.

Amidst the intense debate, Vivek Ramaswamy stood on stage, a 38-year-old tech entrepreneur and unexpected contender.

Despite being a newcomer and trailing Trump, he has gained ground in recent polls, earning a spot beside DeSantis at the forefront.

Demonstrating his adeptness for video and staying on point, Ramaswamy spoke about his humble beginnings, emphasizing how his immigrant parents' sacrifices enabled him to establish billion-dollar enterprises.

Initially considered the leading GOP contender against a second Trump presidency, DeSantis fell far behind the former president in most polls due to campaign changes and financial difficulties.

Amidst the intense debate, Vivek Ramaswamy stood on stage, a 38-year-old tech entrepreneur and unexpected contender.

Despite being a newcomer and trailing Trump, he has gained ground in recent polls, earning a spot beside DeSantis at the forefront.

Demonstrating his adeptness for video and staying on point, Ramaswamy spoke about his humble beginnings, emphasizing how his immigrant parents' sacrifices enabled him to establish billion-dollar enterprises.

#CRYPTONEWS
How Commingling And Rehypothecation Affect BitcoinSince its introduction after the financial crisis, bitcoin has had an antagonistic relationship with Wall Street. However, the dynamics of that relationship seem to have changed in recent times. The cryptocurrency’s characteristics and mainstream popularity have made it an attractive investment vehicle for the same set of people.  Wall Street’s embrace of bitcoin comes with its own set of problems. Specifically, commingling and rehypothecation, two practices that enable investment firms to multiply their profits, could change the way that the cryptocurrency works and complicate its original intentions.   Forbes contributor and Wall Street veteran Caitlin Long has written a detailed explanation on this topic in a column. According to Long, rehypothecation and commingling will centralize risks associated with bitcoin and cryptocurrencies to exchanges, clearinghouses, and central derivatives counterparties. Centralized risk translates to greater vulnerability because this would offer hackers a single point-of-attack to cripple the cryptocurrency ecosystem.1  What Are Commingling and Rehypothecation?  Typically, banks and financial services companies segregate collateral from individual parties based on different parameters, such as owner and loan type.2 This practice makes for clean accounting and enables them to return the said collateral when it is due.  As its name denotes, commingling refers to a mixing of collateral from multiple parties into a single “omnibus” account. Commingling is standard practice in Wall Street and has become popular to avoid or reduce the probability of custodian counterparties (or CCPs) failing to honor their end of the bargain.  There are two harmful potential consequences to commingling. First, the practice makes it difficult to distinguish between assets and liabilities in a CCP’s balance sheet because they are not required to disclose individual amounts. As a result, there is no way to know whether they have enough assets to cover their liabilities. Commingling also centralizes cryptocurrency holdings to a single account, thereby making the account an attractive target for thieves and hackers. For example, a CCP may hold cryptocurrencies in a single “omnibus” wallet instead of distributing them across multiple online wallets. In turn, these wallets become repositories for hackers to target, if they wish to crash the cryptocurrency ecosystem.  Rehypothecation further complicates bitcoin’s identity. Put simply, rehypothecation allows CCPs to use given bitcoin as collateral several times. “It is the process by which a lender receives an asset as collateral for a loan, and then pledges that collateral to cover its own exposure to a separate party which then pledges the same collateral to a different part,”  This means that there is a chain of loans which can be traced back to the same asset. A loan default by a single party within that chain or a successful custodian hack could bring the entire setup tumbling down. Further complications related to rehypothecations arise from the fact that the same asset will be accounted for on multiple balance sheets, obfuscating its origins.  As the cryptocurrency ecosystem grows, the ripple effects of a crash could result in severe damage to unrelated assets, much the same way that the housing crisis affected different and unrelated parts of the world economy. Can These Risks Be Mitigated?  Long says the problems associated with centralized risk can be mitigated by disallowing rehypothecation and commingling for bitcoin. However, the chances of such an occurrence are low because it would drastically reduce profits for CCPs. Bitcoin’s manufactured scarcity makes it an especially valuable asset for Wall Street. Rehypothecation of bitcoin could allow financial services firms, such as Goldman Sachs, to mint profits by building up a chain of loans using the same stash of bitcoin in its custody. According to Long, rehypothecation and commingling related to bitcoin is the reason why Intercontinental Exchange (ICE) announced its foray into bitcoin #CRYPTONEWS #crypto2023 #BTC $BTC

How Commingling And Rehypothecation Affect Bitcoin

Since its introduction after the financial crisis, bitcoin has had an antagonistic relationship with Wall Street. However, the dynamics of that relationship seem to have changed in recent times. The cryptocurrency’s characteristics and mainstream popularity have made it an attractive investment vehicle for the same set of people. 

Wall Street’s embrace of bitcoin comes with its own set of problems. Specifically, commingling and rehypothecation, two practices that enable investment firms to multiply their profits, could change the way that the cryptocurrency works and complicate its original intentions.  

Forbes contributor and Wall Street veteran Caitlin Long has written a detailed explanation on this topic in a column. According to Long, rehypothecation and commingling will centralize risks associated with bitcoin and cryptocurrencies to exchanges, clearinghouses, and central derivatives counterparties. Centralized risk translates to greater vulnerability because this would offer hackers a single point-of-attack to cripple the cryptocurrency ecosystem.1 

What Are Commingling and Rehypothecation? 

Typically, banks and financial services companies segregate collateral from individual parties based on different parameters, such as owner and loan type.2 This practice makes for clean accounting and enables them to return the said collateral when it is due. 

As its name denotes, commingling refers to a mixing of collateral from multiple parties into a single “omnibus” account. Commingling is standard practice in Wall Street and has become popular to avoid or reduce the probability of custodian counterparties (or CCPs) failing to honor their end of the bargain. 

There are two harmful potential consequences to commingling. First, the practice makes it difficult to distinguish between assets and liabilities in a CCP’s balance sheet because they are not required to disclose individual amounts. As a result, there is no way to know whether they have enough assets to cover their liabilities. Commingling also centralizes cryptocurrency holdings to a single account, thereby making the account an attractive target for thieves and hackers. For example, a CCP may hold cryptocurrencies in a single “omnibus” wallet instead of distributing them across multiple online wallets. In turn, these wallets become repositories for hackers to target, if they wish to crash the cryptocurrency ecosystem. 

Rehypothecation further complicates bitcoin’s identity. Put simply, rehypothecation allows CCPs to use given bitcoin as collateral several times. “It is the process by which a lender receives an asset as collateral for a loan, and then pledges that collateral to cover its own exposure to a separate party which then pledges the same collateral to a different part,” 

This means that there is a chain of loans which can be traced back to the same asset. A loan default by a single party within that chain or a successful custodian hack could bring the entire setup tumbling down. Further complications related to rehypothecations arise from the fact that the same asset will be accounted for on multiple balance sheets, obfuscating its origins. 

As the cryptocurrency ecosystem grows, the ripple effects of a crash could result in severe damage to unrelated assets, much the same way that the housing crisis affected different and unrelated parts of the world economy.

Can These Risks Be Mitigated? 

Long says the problems associated with centralized risk can be mitigated by disallowing rehypothecation and commingling for bitcoin. However, the chances of such an occurrence are low because it would drastically reduce profits for CCPs. Bitcoin’s manufactured scarcity makes it an especially valuable asset for Wall Street. Rehypothecation of bitcoin could allow financial services firms, such as Goldman Sachs, to mint profits by building up a chain of loans using the same stash of bitcoin in its custody. According to Long, rehypothecation and commingling related to bitcoin is the reason why Intercontinental Exchange (ICE) announced its foray into bitcoin

#CRYPTONEWS #crypto2023 #BTC $BTC
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TOP 27 MORNING CRYPTO NEWS 🔥 Braavos Self-Hosted Wallet Releases New Version Supporting Starknet Mainnet BNB Chain Announces Ecosystem Catalyst Award Winners Cashmere introduces Liquidity Quantum model for cross-chain asset exchange Ethereum Co-founder Vitalik Buterin Co-authors Research Paper on Privacy Pools Bored Ape Yacht Club Delays Opening of HV-MTL Rift Due to Errors Ethereum Programming Language Vyper Releases v0.3.10 Candidate Version CertiK Report Highlights DNS Hijacking Threat to DeFi Protocols Bitcoin Price Jumps After FASB Approves Favorable Accounting Treatment for Crypto Holdings Arkham Intelligence Identifies Grayscale Bitcoin Trust Addresses Bankrupt Celsius Network Files Complaint Against EquitiesFirst Holdings to Recoup Assets Riot Platforms Receives Over $31 Million in Power Credits Despite Mining Fewer Bitcoin in August Lufthansa Launches NFT Loyalty Program and Ronaldo Teases Future NFT Plans Genesis Global Capital Sues Digital Currency Group for Over $600 Million Loan Repayment First U.S. Accounting Rule for Cryptocurrency to Require Fair-Value Approach Philip Jefferson Confirmed as Federal Reserve Vice Chair Ripple Adds Four European Institutions to University Blockchain Research Initiative Google to Allow NFT Game Ads Starting September 15, Excluding Gambling Content US Court Freezes Former Celsius CEO Alex Mashinsky's Assets Amid Criminal Case Ethereum Layer 2 Solution Starknet Announces Open Source Core Stack White Hat Hacker Discovers Euler's First Deposit Bug and Receives $50,000 Bounty Solana Hyperdrive Hackathon Officially Opens for Registration Marathon Digital's August Bitcoin Production Increases Fivefold Year-on-Year Sino Global Capital Rebrands as Ryze Labs TON Foundation established in Switzerland as a non-profit organization Australia's ASIC increases scrutiny on high-risk OTC derivatives for retail investors Shiba Inu Burn Rate Skyrockets 821% in the Last 24 Hours Zodia Markets receives preliminary approval to operate in Abu Dhabi #CRYPTONEWS
TOP 27 MORNING CRYPTO NEWS 🔥

Braavos Self-Hosted Wallet Releases New Version Supporting Starknet Mainnet

BNB Chain Announces Ecosystem Catalyst Award Winners

Cashmere introduces Liquidity Quantum model for cross-chain asset exchange

Ethereum Co-founder Vitalik Buterin Co-authors Research Paper on Privacy Pools

Bored Ape Yacht Club Delays Opening of HV-MTL Rift Due to Errors

Ethereum Programming Language Vyper Releases v0.3.10 Candidate Version

CertiK Report Highlights DNS Hijacking Threat to DeFi Protocols

Bitcoin Price Jumps After FASB Approves Favorable Accounting Treatment for Crypto Holdings

Arkham Intelligence Identifies Grayscale Bitcoin Trust Addresses

Bankrupt Celsius Network Files Complaint Against EquitiesFirst Holdings to Recoup Assets

Riot Platforms Receives Over $31 Million in Power Credits Despite Mining Fewer Bitcoin in August

Lufthansa Launches NFT Loyalty Program and Ronaldo Teases Future NFT Plans

Genesis Global Capital Sues Digital Currency Group for Over $600 Million Loan Repayment

First U.S. Accounting Rule for Cryptocurrency to Require Fair-Value Approach

Philip Jefferson Confirmed as Federal Reserve Vice Chair

Ripple Adds Four European Institutions to University Blockchain Research Initiative

Google to Allow NFT Game Ads Starting September 15, Excluding Gambling Content

US Court Freezes Former Celsius CEO Alex Mashinsky's Assets Amid Criminal Case

Ethereum Layer 2 Solution Starknet Announces Open Source Core Stack

White Hat Hacker Discovers Euler's First Deposit Bug and Receives $50,000 Bounty

Solana Hyperdrive Hackathon Officially Opens for Registration

Marathon Digital's August Bitcoin Production Increases Fivefold Year-on-Year

Sino Global Capital Rebrands as Ryze Labs

TON Foundation established in Switzerland as a non-profit organization

Australia's ASIC increases scrutiny on high-risk OTC derivatives for retail investors

Shiba Inu Burn Rate Skyrockets 821% in the Last 24 Hours

Zodia Markets receives preliminary approval to operate in Abu Dhabi

#CRYPTONEWS
Donald Trump’s NFT Prices Rise After ArrestCryptosHeadlines.com - The Leading Crypto Research Network The digital collectible cards known as NFTs, which showcase the likeness of former U.S. President Donald Trump, saw their prices surge after his arrest in Georgia. Over the past week, the trading activity for Trump’s digital cards jumped remarkably by 177%. This surge reached its peak on August 25 at 24.1 ETH. Additionally, the lowest price at which these cards are sold, known as the floor price, increased by 61%, now standing at 0.19 ETH. What Led to Trump’s Arrest? Trump was taken to jail in Atlanta because he’s accused of trying to do unlawful things to alter the outcome of the 2020 presidential election in Georgia. He denies any wrongdoing and calls it a “witch hunt.” Regardless of who is right or wrong, many people are now really interested in his digital cards. Trump’s NFT Release and Arrest Stir Interest Last December, Trump joined the NFT trend by launching 45,000 digital cards, depicting him in various roles, like a superhero or NASCAR driver. These cards were sold for $99 each but quickly gained higher values. Each card was registered on the blockchain, making it unique and unchangeable. After his arrest, Trump turned to X, a social platform replacing his banned Twitter account. He shared his mugshot with captions like “ELECTION INTERFERENCE” and “NEVER SURRENDER,” along with a donation link. This post went viral, garnering over 1.1 million likes and 269,000 reposts. Trump called his brief time in Fulton County jail a “terrible experience,” jokingly noting it wasn’t taught at the Wharton School of Finance. He was released in 20 minutes by posting a $200,000 bond. Nonetheless, he faces other charges that might lead to more time behind bars. NFT Prices Spike After Trump’s Arrest The value of NFTs has unexpectedly surged, but it’s uncertain if this increase will last or if it’s like a bubble that might burst quickly. So, that’s the story. Trump gets arrested, and his digital cards become really popular. The internet is buzzing about it non-stop. Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice. #CryptocurrencyNews #Blockchain #Bitcoin #CRYPTONEWS #DonaldTrump

Donald Trump’s NFT Prices Rise After Arrest

CryptosHeadlines.com - The Leading Crypto Research Network

The digital collectible cards known as NFTs, which showcase the likeness of former U.S. President Donald Trump, saw their prices surge after his arrest in Georgia.

Over the past week, the trading activity for Trump’s digital cards jumped remarkably by 177%. This surge reached its peak on August 25 at 24.1 ETH.

Additionally, the lowest price at which these cards are sold, known as the floor price, increased by 61%, now standing at 0.19 ETH.

What Led to Trump’s Arrest?

Trump was taken to jail in Atlanta because he’s accused of trying to do unlawful things to alter the outcome of the 2020 presidential election in Georgia. He denies any wrongdoing and calls it a “witch hunt.” Regardless of who is right or wrong, many people are now really interested in his digital cards.

Trump’s NFT Release and Arrest Stir Interest

Last December, Trump joined the NFT trend by launching 45,000 digital cards, depicting him in various roles, like a superhero or NASCAR driver. These cards were sold for $99 each but quickly gained higher values. Each card was registered on the blockchain, making it unique and unchangeable.

After his arrest, Trump turned to X, a social platform replacing his banned Twitter account. He shared his mugshot with captions like “ELECTION INTERFERENCE” and “NEVER SURRENDER,” along with a donation link. This post went viral, garnering over 1.1 million likes and 269,000 reposts.

Trump called his brief time in Fulton County jail a “terrible experience,” jokingly noting it wasn’t taught at the Wharton School of Finance. He was released in 20 minutes by posting a $200,000 bond. Nonetheless, he faces other charges that might lead to more time behind bars.

NFT Prices Spike After Trump’s Arrest

The value of NFTs has unexpectedly surged, but it’s uncertain if this increase will last or if it’s like a bubble that might burst quickly.

So, that’s the story. Trump gets arrested, and his digital cards become really popular. The internet is buzzing about it non-stop.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#CryptocurrencyNews #Blockchain #Bitcoin #CRYPTONEWS #DonaldTrump
⚡LATEST CRYPTO NEWS: - US Securities and Exchange Commission (SEC) has accused Los Angeles-based media and entertainment company Impact Theory of conducting unregistered crypto asset securities offerings in the form of NFTs. Impact Theory raised approximately $30 million in the offering from numerous investors, including those in the United States. The SEC states that the NFTs sold as "Founder's Keys" are investment contracts and therefore securities, and as such, Impact Theory has violated federal securities laws by offering and selling these crypto asset securities to the public without registration or exemption from registration. - Chairman of the U.S. House of Representatives Financial Services Committee, Patrick McHenry, joined by Subcommittee Chairmen French Hill and Bill Huizenga, sent a letter to Federal Reserve Chairman Powell. The letter expressed their concern that recent regulatory letters from the Federal Reserve regarding stablecoins could undermine congressional progress in establishing a regulatory framework for payment stablecoins. They also argued that the new activity supervision program appears to place an additional burden on banks participating in crypto assets and grants the Federal Reserve Board increased authority to reject activities related to such assets. - US Securities and Exchange Commission (SEC) is expected to respond to Bitcoin ETF filings from Bitwise, BlackRock, VanEck, WisdomTree, and Invesco before the Labor Day weekend. Bloomberg Intelligence anticipates that regulators can either reject, approve, or delay these applications. Bitwise's application is set for consideration on September 1, with the other companies' applications due the following day. The crypto community eagerly awaits the SEC's decisions as the journey to a potential Bitcoin ETF continues. - StarkNet's STRK Token Set for Launch, Offering Governance, Staking, and Gas Fee Payment Utility #CRYPTONEWS #cryptopm #NEWS
⚡LATEST CRYPTO NEWS:

- US Securities and Exchange Commission (SEC) has accused Los Angeles-based media and entertainment company Impact Theory of conducting unregistered crypto asset securities offerings in the form of NFTs. Impact Theory raised approximately $30 million in the offering from numerous investors, including those in the United States. The SEC states that the NFTs sold as "Founder's Keys" are investment contracts and therefore securities, and as such, Impact Theory has violated federal securities laws by offering and selling these crypto asset securities to the public without registration or exemption from registration.

- Chairman of the U.S. House of Representatives Financial Services Committee, Patrick McHenry, joined by Subcommittee Chairmen French Hill and Bill Huizenga, sent a letter to Federal Reserve Chairman Powell. The letter expressed their concern that recent regulatory letters from the Federal Reserve regarding stablecoins could undermine congressional progress in establishing a regulatory framework for payment stablecoins. They also argued that the new activity supervision program appears to place an additional burden on banks participating in crypto assets and grants the Federal Reserve Board increased authority to reject activities related to such assets.

- US Securities and Exchange Commission (SEC) is expected to respond to Bitcoin ETF filings from Bitwise, BlackRock, VanEck, WisdomTree, and Invesco before the Labor Day weekend. Bloomberg Intelligence anticipates that regulators can either reject, approve, or delay these applications. Bitwise's application is set for consideration on September 1, with the other companies' applications due the following day. The crypto community eagerly awaits the SEC's decisions as the journey to a potential Bitcoin ETF continues.

- StarkNet's STRK Token Set for Launch, Offering Governance, Staking, and Gas Fee Payment Utility

#CRYPTONEWS #cryptopm #NEWS
Pepe Coin Team Clarifies 16 Trillion Token TheftCryptosHeadlines.com - The Leading Crypto Research Network The Pepe Coin community used its official Twitter account to describe how a dispute within their team resulted in the theft of $15 million worth of Pepe coins. In a surprising turn of events on August 24, 2023, the PEPE community faced unexpected transactions. Around 16 trillion $PEPE tokens, worth about $15 million, were stolen from the project’s multisig CEX wallet. These tokens were then moved to well-known cryptocurrency exchanges like OKX, Binance, Kucoin, and Bybit. Additionally, the number of required signers for the multisig wallet was reduced from the original 8 to just 2. Pepe Coin Team Provides Transparency Explanation The unexpected token transfer and reduction in signers have caused confusion among the PEPE community. To offer clarity, the official PEPE Twitter account explained that the taken tokens were previously part of the CEX wallet. The team emphasized that the wallet wasn’t intended for market sales or personal gain. This incident highlights the internal disagreements that have existed within PEPE since its beginning. Team conflicts led to a portion of members separating shortly after the project’s launch. Their disagreements and unresponsiveness hindered progress. The situation escalated when three former team members orchestrated the theft of 16 Trillion tokens, 60% of the multisig’s holdings. Unauthorized transfers were made, erasing their connection to the project. The remaining 10 Trillion tokens are with a committed team member. Post-incident, most stolen tokens were rapidly sold on OKX and Binance. To prevent misuse, the remaining 10 Trillion tokens will be moved to a new wallet. The affected member is also striving to acquire web domains and usernames for PEPE, planning to burn the remaining tokens after completing these acquisitions. Pepe Coin Shows Optimism Despite Setback Despite the unfortunate situation and confusion, the price of Pepe Coin is showing positive momentum today. Over the past 24 hours, the price has risen by almost 7%, reaching $0.0000009045. Its market cap has also increased by 3.40%, totaling $354.98 million. Due to the crisis, the official PEPE Telegram group is currently locked due to hacking. The primary way of communication is now the @pepecoineth Twitter account, where new official group links will be shared. It’s important for the community to be cautious of scams related to airdrops, staking, mints, or claims, as the official PEPE team doesn’t participate in such activities. Despite the setback, the remaining PEPE community members are determined to guide the project towards a decentralized and resilient future. This incident underscores the need for carefulness in the cryptocurrency community and verifying connections before taking any actions related to wallets and tokens. Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice. #CryptocurrencyNews #Blockchain #Bitcoin #CRYPTONEWS #PepeCoin

Pepe Coin Team Clarifies 16 Trillion Token Theft

CryptosHeadlines.com - The Leading Crypto Research Network

The Pepe Coin community used its official Twitter account to describe how a dispute within their team resulted in the theft of $15 million worth of Pepe coins.

In a surprising turn of events on August 24, 2023, the PEPE community faced unexpected transactions. Around 16 trillion $PEPE tokens, worth about $15 million, were stolen from the project’s multisig CEX wallet.

These tokens were then moved to well-known cryptocurrency exchanges like OKX, Binance, Kucoin, and Bybit. Additionally, the number of required signers for the multisig wallet was reduced from the original 8 to just 2.

Pepe Coin Team Provides Transparency Explanation

The unexpected token transfer and reduction in signers have caused confusion among the PEPE community. To offer clarity, the official PEPE Twitter account explained that the taken tokens were previously part of the CEX wallet. The team emphasized that the wallet wasn’t intended for market sales or personal gain.

This incident highlights the internal disagreements that have existed within PEPE since its beginning. Team conflicts led to a portion of members separating shortly after the project’s launch. Their disagreements and unresponsiveness hindered progress.

The situation escalated when three former team members orchestrated the theft of 16 Trillion tokens, 60% of the multisig’s holdings. Unauthorized transfers were made, erasing their connection to the project. The remaining 10 Trillion tokens are with a committed team member.

Post-incident, most stolen tokens were rapidly sold on OKX and Binance. To prevent misuse, the remaining 10 Trillion tokens will be moved to a new wallet. The affected member is also striving to acquire web domains and usernames for PEPE, planning to burn the remaining tokens after completing these acquisitions.

Pepe Coin Shows Optimism Despite Setback

Despite the unfortunate situation and confusion, the price of Pepe Coin is showing positive momentum today. Over the past 24 hours, the price has risen by almost 7%, reaching $0.0000009045. Its market cap has also increased by 3.40%, totaling $354.98 million.

Due to the crisis, the official PEPE Telegram group is currently locked due to hacking. The primary way of communication is now the @pepecoineth Twitter account, where new official group links will be shared. It’s important for the community to be cautious of scams related to airdrops, staking, mints, or claims, as the official PEPE team doesn’t participate in such activities.

Despite the setback, the remaining PEPE community members are determined to guide the project towards a decentralized and resilient future. This incident underscores the need for carefulness in the cryptocurrency community and verifying connections before taking any actions related to wallets and tokens.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#CryptocurrencyNews #Blockchain #Bitcoin #CRYPTONEWS #PepeCoin
🚀 Hey, les fans de crypto ! Il y a des nouvelles intéressantes de Coinbase Research et Glassnode. Ils disent que les tendances actuelles des prix du Bitcoin (BTC) et de l’Ethereum (ETH) sont similaires à celles des années précédentes, où leurs prix ont bondi de 500 % et 1 000 %. Ouah! 😲 ✨Voici quelques points importants : - Cette recherche a révélé des similitudes entre le cycle actuel du marché de la cryptographie et la période 2018-2022. - Il existe plusieurs mesures cycliques qui reflètent les tendances passées, telles que les gains/non réalisés et l'offre de bénéfices. - Malgré l'impact positif potentiel de la prochaine réduction de moitié du Bitcoin, Coinbase Research reste prudent. 🔍 De plus, il existe également une analyse d'Ethereum : - Le prix des ETH a grimpé de plus de 90 % en 2023, sous l'effet de facteurs tels que le succès de la mise à niveau de Shapella et l'éventuelle approbation d'un ETF crypto. - Les analystes se concentrent sur la prochaine mise à niveau d'Ethereum, appelée Cancun, qui devrait améliorer l'évolutivité et la sécurité. Allez, discutons-en davantage dans la colonne des commentaires ! Êtes-vous optimiste quant aux tendances actuelles du marché de la cryptographie ? 😄 #CRYPTONEWS
🚀 Hey, les fans de crypto ! Il y a des nouvelles intéressantes de Coinbase Research et Glassnode. Ils disent que les tendances actuelles des prix du Bitcoin (BTC) et de l’Ethereum (ETH) sont similaires à celles des années précédentes, où leurs prix ont bondi de 500 % et 1 000 %. Ouah! 😲

✨Voici quelques points importants :
- Cette recherche a révélé des similitudes entre le cycle actuel du marché de la cryptographie et la période 2018-2022.
- Il existe plusieurs mesures cycliques qui reflètent les tendances passées, telles que les gains/non réalisés et l'offre de bénéfices.
- Malgré l'impact positif potentiel de la prochaine réduction de moitié du Bitcoin, Coinbase Research reste prudent.

🔍 De plus, il existe également une analyse d'Ethereum :
- Le prix des ETH a grimpé de plus de 90 % en 2023, sous l'effet de facteurs tels que le succès de la mise à niveau de Shapella et l'éventuelle approbation d'un ETF crypto.
- Les analystes se concentrent sur la prochaine mise à niveau d'Ethereum, appelée Cancun, qui devrait améliorer l'évolutivité et la sécurité.

Allez, discutons-en davantage dans la colonne des commentaires ! Êtes-vous optimiste quant aux tendances actuelles du marché de la cryptographie ? 😄

#CRYPTONEWS
Qatar slammed for not taking enough action against crypto companies. #QATAR #CRYPTO The Financial Action Task Force (FATF) has slammed Qatar Central Bank (QCB) for making little effort to enforce its own regulations prohibiting virtual asset service providers. In a report published on May 31, the global money-laundering and terrorist financing watchdog highlighted that Qatar needs to advance its capabilities to effectively combat evolving forms of criminal activity, including sanctioning virtual asset service providers. #CRYPTONEWS #DIGITALSPACE
Qatar slammed for not taking enough action against crypto companies. #QATAR #CRYPTO The Financial Action Task Force (FATF) has slammed Qatar Central Bank (QCB) for making little effort to enforce its own regulations prohibiting virtual asset service providers.

In a report published on May 31, the global money-laundering and terrorist financing watchdog highlighted that Qatar needs to advance its capabilities to effectively combat evolving forms of criminal activity, including sanctioning virtual asset service providers. #CRYPTONEWS #DIGITALSPACE
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Bitcoin: Crypto fans can now invest in exchange-traded funds - but what are they?
The US has made the long-awaited decision to allow Bitcoin to be part of mainstream investing funds.It has approved what are known as spot Bitcoin exchange-traded funds (ETFs), which can be purchased by anyone from pension funds to ordinary investors.The announcement from the head of the Securities and Exchange Commission was accompanied by a stern warning about risks associated with the asset.But cryptocurrency fans reacted with glee - and memes about becoming rich.The US financial watchdog had repeatedly rebuffed earlier requests for approvals, citing concerns about potential for fraud and manipulation.But a US court said last year its justification was inadequate.The go-ahead comes after a false start on Tuesday, when the regulator had to rapidly withdraw an "unauthorised" post announcing the decision early.SEC chairman Gary Gensler said on Wednesday that investors should not mistake the new approvals for an endorsement of the cryptocurrency."Bitcoin is primarily a speculative, volatile asset that's also used for illicit activity including ransomware, money laundering, sanction evasion, and terrorist financing," he said."Investors should remain cautious about the myriad risks associated with bitcoin and products whose value is tied to crypto."But what is an ETF?ETFs are portfolios that allow investors to bet on multiple assets, without having to buy any themselves.Traded on stock exchanges like shares, their value depends on how the overall portfolio performs in real time.An ETF could comprise a combination of gold and silver bullion, for example, or a mixture of shares in both top technology and insurance companies.Some ETFs already contain Bitcoin indirectly - but a spot Bitcoin ETF will buy the cryptocurrency directly, "on the spot", at its current price, throughout the day.Why is there such excitement?About a dozen investment companies, including Blackrock and Fidelity, have been waiting for months for the US Securities and Exchange Commission (SEC) to give them the green light to start buying Bitcoin for their own ETFs.And after weeks of wrangling over wording, the first have now been given the nod.This means a new group of investors can now enter the speculative world of Bitcoin, without having to worry about getting digital wallets or navigating crypto exchanges.Billions of dollars are expected to pour into the Bitcoin market, as these financial companies start buying the digital coin.A minority of analysts say the cryptocurrency's price will be little affected, as spot Bitcoin ETFs are already established in other countries.But with the US giants entering the market, most people are expecting the value of bitcoins to rise with demand.Bitcoin to blockchain: What key crypto words meanIs El Salvador's Bitcoin bet paying off?The price is notoriously volatile, however.It rose to nearly $70,000 (£55,000) a coin in 2021, before falling to $16,000 in 2022 as scandals shook the industry.But in 2023, it rose steadily, partly due to the hype around the Bitcoin ETF approval, and is now at $44,000.Based on an idea published online in 2008, by someone calling themselves Satoshi Nakamoto, Bitcoin was the first cryptocurrency and remains the most valuable and famous.Its price is often seen as a barometer for the whole industry of thousands of other coins, tokens and products built on the same blockchain technology.And with an influx of new money into the ecosystem, many expect a surge in interest in cryptocurrency technology in general.How will the decision affect cryptocurrency adoption?Some say this landmark decision shows the establishment is finally taking Bitcoin seriously, at least as a speculative asset.For those who consider Bitcoin legitimate "digital gold", what better proof could there be than the biggest wealth-management institutions flocking to buy, overseen by regulators?Others say cryptocurrency is about rejecting traditional financial systems in favour of a decentralised, people-powered alternative. And investment bankers buying Bitcoin just to get rich on US dollars is not what Satoshi Nakamoto had in mind.But judging from the excitement on social media, the prevailing sentiment is hope the cash injection will make existing Bitcoin investors rich.What are the risks to future investors?The price of Bitcoin can change rapidly and often without warning or explanation.So investors will have to weigh that up when they opt for ETFs linked to the digital coin.But ETFs are often sold as high-risk, high-reward products anyway.Another potential risk is cyber-crime.Bitcoin and other cryptocurrencies have been subject to huge and costly attacks that have seen crypto companies drained of sometimes hundreds of millions of dollars overnight.And if the likes of Blackrock become major holders of Bitcoin, their cyber-security will be tested in ways to which they are unaccustomed.Another downside is the cost to the environment.Bitcoin relies on a huge number of powerful computers around the world, to process transactions and create coins.Renewable energy use is growing - but it remains to be seen how investment companies can square the potential environmental cost of Bitcoin with buyers worried about environmental, social, and corporate governance (ESG) compliance.#BTC #invest #trade #exchange #TradingNews
Crypto News VanEck Foresees Ethereum ETFs Outpacing Bitcoin ETFs in Market Impact. VanEck Analysis Highlights Potential for Ethereum ETFs to Dominate Market Influence, Signaling a New Era in Crypto Investment Trends. #ETH #ETF #ETFbitcoin #CRYPTONEWS
Crypto News

VanEck Foresees Ethereum ETFs Outpacing Bitcoin ETFs in Market Impact.

VanEck Analysis Highlights Potential for Ethereum ETFs to Dominate Market Influence, Signaling a New Era in Crypto Investment Trends.

#ETH #ETF #ETFbitcoin #CRYPTONEWS