☕️ GM! Here are the top events in #Crypto for the past 24 hours
🟠 Stripe has acquired stablecoin platform Bridge for $1.1 billion, marking the largest acquisition in crypto history, expanding Stripe’s crypto adoption.
🟠 Tether’s USDT market cap hit a record $120 billion, signaling potential Bitcoin and Ether rallies as stablecoin inflows suggest buying pressure.
🟠 Vitalik Buterin outlined approaches to reduce proof-of-stake centralization risks in Ethereum’s “Scourge” upgrade, calling it a major concern.
🟠 Pumpfun teased a future token and launched the new “Pump Advance” trading terminal, offering tools like mini-charts and top holder data.
🟠 Crypto influencer Jaypeg was accused of scamming the Uptober memecoin team by receiving tokens for promotion, selling them, and denying receipt.
🟠 Ethereum held in accumulation wallets has surged 65% in 2024, with over $50 billion worth of ETH locked, signaling rising investor confidence.
🟠 Leader of Japan’s Democratic Party for the People, promises to cut crypto taxes to 20% if elected, aiming to boost Japan’s Web3 leadership.
🟠 A crypto trader made $9M from a $3K investment in Solana-based memecoin GNON, yielding a 3,000x return within just three days.
🟠 Arcology Network introduces Ethereum's first parallel execution rollup, offering EVM-equivalent, multithreaded processing with up to 15,000 TPS.
🟠 U.K. pension giant Legal & General is exploring blockchain-based tokenization for its investment funds, following other major firms like BlackRock and Franklin Templeton.
