G.M Frens !

📰 Today's Crypto and Defi Rundown: All the must-know updates in one place! 👇

News 📝

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📊 Bitcoin miner wallets containing coins from 2009 have shown movement for the first time, stirring speculation about Satoshi Nakamoto's involvement and possible impacts on the market.

🏢 MicroStrategy has launched its third debt offering of 2024, raising $700 million to pay off debt and acquire additional Bitcoin, signaling continued institutional confidence in Bitcoin as a long-term asset​.

🏛️ U.S. Representatives are pressing the SEC's Chair Gary Gensler for clear guidelines on crypto airdrops, which could impact how blockchain startups distribute tokens and raise funds

💵 Tether's market share surged from 55% to 75% over two years, reflecting its growing adoption as a payment method and trading pair across the crypto ecosystem​

📈 Bybit, one of the largest crypto exchanges by volume, has been granted a provisional license by Dubai regulators, expanding its reach in the Middle East​

🔥 A low-cap memecoin named Simon's Cat (CAT) is on the verge of a "face-ripping breakout" as traders watch its steady upward movement within the Binance Smart Chain​

🧠 NEAR protocol is seeing renewed interest as it integrates AI applications, potentially breaking out of a six-month downtrend with rising investor enthusiasm​

🏆Tectum won the "Best Blockchain Innovation Award" at the Leaders in Fintech Awards 2024, boosting its reputation as a leader in blockchain innovation​.

📱 Coin98 Wallet Launches Version 15: Coin98 Super Wallet's new update introduces AI and on-chain chat features, providing users with smart interactions in the Web 3.0 space​.

🌍Orderly Network launched an AI bounty program in collaboration with Google Cloud to power Web 3.0 trading, a move that could significantly advance blockchain trading tools​

🔧 QuillAudits is establishing itself as a go-to service for blockchain security audits, further securing the decentralized ecosystem​.

🔐TBTC became the first incentivized Bitcoin asset on EigenLayer, an innovation aimed at securing and scaling decentralized finance protocols​

🎮The open builder platform for scaling Web 3.0 games has been introduced by Super Champs with a Layer 3 chain on Base, aiming to transform the gaming industry​.

⚖️ PayPal partners with Paxos to offer crypto services within its platform, further strengthening its footprint in digital assets​.

🌉 Polygon is deploying zero-knowledge rollups to enhance scalability and security, making it more attractive for enterprise solutions​.

🌱 StarkNet has witnessed tremendous growth, launching over 200 decentralized applications (Dapps) as part of its rapid development in the Ethereum ecosystem​.

🔍 Chainlink's expansion of its Cross-Chain Interoperability Protocol (CCIP) is enabling seamless communication between different blockchain networks, solidifying its role in the crypto infrastructure​.

📉 XRP's price continues to drop as legal uncertainty surrounding Ripple's ongoing lawsuit with the SEC puts pressure on the token.

🔗 Uniswap V4 introduces concentrated liquidity and gas optimizations, promising more efficient and cheaper trades on its decentralized exchange​.

👾 Aave unveils Lens, a decentralized social media protocol that aims to revolutionize how users interact with social platforms by giving them control over their data​.

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Stay informed, stay ahead! 🚀

See u soon 😇

Maboo :)

#MarketDownturn #Web3 #Binance