Prediction platform Polymarket considers launching over $50 million in token financing
According to sources, the decentralized crypto prediction platform Polymarket is considering raising more than $50 million through token issuance to support the operation of its platform. Investors in this financing will receive token warrants, which will give them the right to purchase tokens if they are issued in the future. However, Polymarket has not made a final decision, and there is still no clear timetable for token issuance.
In May this year, Polymarket completed a $45 million Series B financing led by Peter Thiel's Founders Fund. Other well-known investors include Ethereum co-founder Vitalik Buterin. The platform has currently attracted nearly $1 billion in bets, mainly focusing on major events such as the 2024 US presidential election.
BNB once broke through $615 this morning and is now priced at $606
According to Mars Finance, on September 24, according to HTX market data, BNB once rose above 615 US dollars this morning, and now fell back to 606 US dollars. The 24-hour increase was 3.09%, setting a new high since June 17.
Data: 94.09% of all Bitcoins have been mined
According to Mars Finance, on September 23, according to HODL15Capital monitoring data, 19.7579 million of the total 21 million bitcoins have been mined, and only 5.91% of the remaining bitcoins can be mined.
Celestia Foundation Completes $100 Million Funding
Celestia Foundation, the team behind the Celestia blockchain network, announced the completion of a $100 million financing round, led by Bain Capital Crypto, with participation from Syncracy Capital, 1kx, Robot Ventures, Placeholder and others, bringing the total financing for the project to $155 million.
TERMINUS breaks through $0.45, up 239% in 24 hours
On September 24, according to market data, TERMINUS broke through $0.45, setting a new all-time high, with a 24-hour increase of 239%.
The current market value is temporarily reported at US$45.5 million, and the 24-hour trading volume reaches US$9.7 million.
Siemens uses JPMorgan Onyx blockchain to settle digital commercial paper
German industrial giant Siemens has successfully issued and settled €100,000 worth of digital commercial paper through JPMorgan’s Onyx blockchain platform and SWIAT’s private blockchain. The transaction was conducted under the German Electronic Securities Act (eWpG), with payment made using JPMorgan’s JPM Coin System and asset transfers completed via the SWIAT network’s delivery-versus-payment (DvP) mechanism. The entire process took just 93 seconds, marking the start of Onyx’s collaboration with SWIAT in developing digital asset issuance products for commercial banks.
The move aims to shorten the value chain, improve transaction flexibility and speed, and promote the large-scale application of blockchain in financial transactions.
DefiLlama founder: cbBTC is far below industry standards in terms of transparency
According to Mars Finance, on September 23, DefiLlama founder 0xngmi posted on social media, “To be honest, almost every cross-chain bridge (including WBTC) provides proof of reserves so that users can check whether the issued tokens have sufficient support. However, Coinbase did not do this, and cbBTC is far below the standard in terms of transparency.
This is also why we haven’t listed it on Defillama yet, because we can’t verify its TVL (total value locked). If we don’t list other cross-chain bridge projects whose TVL we can’t verify, then we won’t make an exception for Coinbase. We follow the same rules for all projects.”
BlackRock verifies Bitcoin holdings through blockchain nodes to ensure ETF asset security
According to Eric Balchunas, a well-known ETF analyst, global asset management giant BlackRock extracts the balance of its Bitcoin address from Coinbase Prime through its own blockchain node every day to verify the Bitcoin holdings of its spot Bitcoin ETF. Although this data is only available to institutional clients, BlackRock has won widespread trust with its flawless 30-year record. Unlike crypto platforms such as FTX, BlackRock's ETF system is highly transparent, secure, and has always followed strict custody processes.
Despite market doubts about the transparency of its Bitcoin transactions, Balchunas stressed that BlackRock ensures the security of assets and customer trust through self-custody and blockchain verification.
OpenAI’s news account on the X platform was hacked and published false cryptocurrency information
OpenAI's official news account was hacked on the X platform and posted information about a fake cryptocurrency "$OPENAI". The post claimed that the token "connects artificial intelligence and blockchain technology" and encouraged all OpenAI users to claim part of its initial supply. However, $OPENAI does not exist, and the post link points to a phishing website that mimics OpenAI's official website, attempting to steal users' login credentials. The "Get $OPENAI" button on the website induces users to connect their crypto wallets. The false information has not been deleted, and the comment function has been disabled, increasing the concealment of the scam. This is not the first time OpenAI has suffered such an attack. As early as June 2023, its CTO's account also posted information about similar fake tokens. OpenAI has become the target of multiple phishing campaigns, and users need to be vigilant to avoid being deceived.
Vitalik releases Chinese lyrics of "Jiangnan" and interacts with JJ Lin
According to Mars Finance, on September 23, Ethereum co-founder Vitalik Buterin commented on a photo of the two of them posted by singer JJ Lin, saying, "I believe that one day of love is worth forever. Time is frozen at this moment."
Mars Finance Note: Vitalik’s response was the lyrics of the song “Jiangnan” from JJ Lin’s 2004 album “Second Heaven”.
This week's unlocking data summary: The total unlocking value is 101 million US dollars, and OP, VENOM, etc. will usher in a large unlocking
On September 23, the mainstream market will unlock $101 million in tokens, including Venom, Ygg, SingularityNET, Ethena, and Optimism. Among them, Venom will unlock 235 million VENOM, worth about $25.55 million; Ygg will unlock 14.08 million YGG, worth about $6.5 million; SingularityNET will unlock 8.19 million AGIX, worth about $5.82 million; Ethena will unlock 14.89 million ENA, worth about $4.3 million; Optimism will unlock 31.34 million OP, worth about $55.47 million. The total amount of these tokens reached $101 million, accounting for 12.66% to 0.78% of the circulating supply.
Last week's crypto news review | The Federal Reserve cut interest rates by 50 basis points, and Bitcoin broke through $63,000
Bitcoin's market value rose to 58.47% of the total crypto market, a new high since April 2021. The Louisiana government in the United States accepted cryptocurrency payments, becoming the latest state to accept digital currencies. U.S. stocks hit a new record high, MicroStrategy rose 9.04%, and Wall Street traders bet that the Federal Reserve will achieve a soft landing, stimulating a rebound in riskier areas of the market. In terms of cryptocurrency concept stocks, Coinbase rose 3.44% and MicroStrategy rose 9.04%. This week, the U.S. Bitcoin ETF attracted $414 million in inflows, and the Ethereum ETF outflow was $296.6 million. The small currency NEIRO landed on Binance and soared nearly 30 times, and the demand for Ethereum on-chain activities was high. The market expects that a new round of bull market is about to start, and Bitcoin may become the preferred asset for investors. The NEIRO token was launched on Binance, with a 24-hour trading volume of $500 million and a record market value. Binance co-founder He Yi mentioned three types of projects on the market: small games, infrastructure projects and Memecoin. Catizen is a super casual cat-raising game based on the Telegram ecosystem, with 7 million daily active users, and will be listed on many well-known exchanges. Sui Network will support the native UDSC stablecoin to improve its usability, security and interoperability.
This article lists the most promising 1000x low-priced coins before the bull market!
The next bull run will start in 13 days. $BTC has been parabolic for the past 157 days. Understanding the market cycle is key to predicting the next move and maximizing returns. Today, we entered the upward phase, driven by multiple factors. I started accumulating the most promising low-priced altcoins for the next bull run, including RIO, ORAI, TOKEN, DEAI, PHA, KARRAT, SPEC, FLT, GFI, POND, involving industries such as risk-weighted assets, artificial intelligence, game finance, and decentralized finance, with great potential.
Binance strongly promotes! Mini games and meme projects gather on Ton, which one will be the next hit?
Binance Launchpool has launched 4 projects related to the TON ecosystem, including the native token TON, the meme project Dogs, the mini-game Hamster Kombat and the kitten Catizen. On September 20, Binance opened trading for the Catizen token CATI. Binance also launched the mini-game project Moonbix, and plans to launch an official release date in the future. Blum, a crypto trading app founded by former Binance executives, has brought together crypto assets on more than 30 chains, supporting users to complete transactions of various crypto assets in one stop. Binance has partnered with Gatto to help its games enter the Asian market. Vana aims to build a decentralized data network and provide Internet users with a way to earn income. It has received $5 million in strategic financing and launched the mini-game Vana Data Hero.
The strengthening of Bitcoin price drives up AVAX, SUI, TAO and AAVE. Are there signs of recovery in the altcoin market?
Bitcoin fell as short-term traders booked profits. Analysts are bullish on the long-term outlook, with Standard Chartered predicting a Bitcoin value of $200,000 by 2025. Bitcoin recovery drives altcoin buying, and traders may turn to altcoins if Bitcoin consolidates. Bitcoin price may pull back to $60,232, but a rebound above $65,000 could see it surge to $70,000. SUI/USDT may rebound to $1.72, Aave (AAVE) shares fall as bears attempt to pull the price lower. TAO/USDT may fall to $361, Aave AAVE shares fall as bears attempt to pull the price back to $142.
