The Bank of New York Mellon (BNY Mellon) is preparing to offer custody services for Bitcoin and Ether in the form of exchange-traded products (ETPs).

The recent review by the U.S. Securities and Exchange Commission (SEC) indicated that BNY Mellon can treat the safeguarding of these crypto assets as not being part of its liabilities. This is because the ETFs will be held on third-party exchanges, allowing BNY Mellon to bypass the accounting requirements typically imposed by SAB 121, which usually mandates that banks recognize such assets on their balance sheets.

#BitcoinCustody #EtherCustody #CryptoServices #BNYMellon #CryptoCustody

$BTC $ETH

Just in: Binance hits another milestone.

Binance, the largest centralized crypto exchange, has recently surpassed $100 trillion in all-time trade volume on their platform. The growing number of Binance users, which has now reached up to 230 million, continues to increase, pushing this target to new all-time highs every day.

Here is Richard Teng's statement about this achievement; you may click here.

#BinanceMilestone #keepbuilding #BinanceSuccess #CryptoNews #BinanceGrowth

$BNB

This is going to be your last chance!

Hamster Kombat will conclude its airdrop event tomorrow, so keep farming diamonds and do your best to maximize your profit per hour. Good luck guys!

#HamsterKombat #CryptoAirdrop #MaximizeProfit #DiamondFarming #FinalChance

$HMSTR

Just in: L2 transactions reached an all-time high on August 21, 2024, with a record-breaking transaction volume.

#CryptoNews #Blockchain #L2Transactions #FinTech #BreakingNews"

$OP $POL $ARB

Just in: Solayer Labs has raised new capital to develop the Solana restaking protocol.

In the past, the Ethereum blockchain introduced EigenLayer, an Ethereum restaking protocol focusing on exogenous AVSs such as cross-chain bridges and oracles. Meanwhile, Solayer will enable the restaking of SOL with a primary focus on endogenous AVSs, such as Solana on-chain dApps. In the upcoming months, Solayer will also develop general asset restaking and exogenous AVS.

Here is Solayer's progress since their launch, based on their blog:
$190M in TVL~100k+ unique deposit addressesMainnet launch with four endo AVSs:Restaking vaultNative staking/unstakingMEV-boostsSOL unfreeze to kickstart liquidity interfaceEndo AVS mainnet

#SolayerLabs #SolanaRestaking #CryptoInnovation #BlockchainProgress #DeFiRevolution

$SOL

Just In: SIX Exploring Crypto Exchange in Europe

The Swiss Infrastructure and Exchange (SIX), owned by 120 banks, mostly Swiss-owned, is currently exploring the creation of a cryptocurrency exchange in Europe. SIX has already made significant strides in the crypto space by successfully launching AsiaNext, a crypto derivatives platform in Singapore, in partnership with Japan's SBI Group. This achievement might serve as a strong foundation for their expansion into the European region. Good luck, SIX, with your crypto exchange creation.

#CryptoNews #SIXExchange #EuropeanCrypto #BlockchainInnovation #CryptoExpansion

$BTC

Just in: Dragonfly Capital, a crypto venture capital firm, has raised $250 million in funding, which is still only halfway to their funding goal for a new project. This is going to be epic.

#CryptoNews #VentureCapital #DragonflyCapital #BlockchainRevolution" #EpicProject

$BTC $ETH $SOL

In 2024, the months of March, April, and August have shown higher Bitcoin trade volumes compared to all previous years (2013 - 2023). This means more people are gaining exposure to Bitcoin. However, we might see even higher trade volumes in other months, as 2024 is not over yet. Let’s go BTC.

#BitcoinBoom #CryptoTrends #2024Crypto #BitcoinTrade #CryptoMarket

$BTC

Just in: The FED reduces the interest rate by 50 basis points.

The Federal Reserve (FED) just recently cut interest rates by 50 basis points from a range of 5.25%-5.5% to a new range of 4.75%-5.0%. This marks the first rate cut in over a year and it might pump the market even more. (Hopefully).

#FederalReserve #InterestRateCut #MarketBoost #EconomicNews #FinanceUpdate

$BTC $USDC

What will the FED say this time? Hopefully, they will cut the interest rates.

#EconomicUpdate #FinancialNews #FederalReserve #InterestRates #EconomyWatch

$BTC $USDC

In the privacy term, Bitcoin has to admit defeat as Monero is far more superior in this capability. Even though Bitcoin support coinjoin transactions, not all wallets can perform this. Thus, making Monero far more superior to Bitcoin and making Satoshi's dream look come true.

#Monero #Bitcoin #CryptoPrivacy #Decentralization #SatoshisVision

$BTC

Alert: There is a rumor of suppressing Bitcoin price.

#BitcoinSuppression #CryptoAlert #BitcoinRumor #CryptoWatch #PriceManipulation

$BTC

Just in: BIRDS will use SUI wallet

Most Telegram airdrop bots use the TON network, but this bot chose to use the SUI network, so this is a great achievement for Telegram to add another network to the app.

#SUIWallet #TelegramAirdrop #TONNetwork #CryptoAchievement #InnovativeBots

$SUI

BLUM try to solve.

The image shows the struggle process when people try to use a DEX wallet, conduct transactions, and withdraw the coin or token. Based on the BLUM project, they try to eliminate this process, so people can focus on DeFi. Good luck BLUM.

#DeFiSimplified #BLUMRevolution #EffortlessDEX #CryptoMadeEasy #BLUMInnovation

$TON

Have you played the Hexa Puzzle?

What was your high score on the Hexa Puzzle - Hamster Kombat game? My high score is 20,000,000+. The score will be converted to the hamster coin for purchasing more items on mine site.

#HexaPuzzle #HamsterKombat #HighScoreChallenge #GamingCommunity #HamsterCoin

$TON $HMSTR

Can history repeat itself?

The last two bull runs happened after the US elections. Now the USA will conduct another election. Will this time trigger the bull run phase?

#ElectionBullRun #HistoryRepeats #USAElections2023 #MarketTrends #BullRun2023

$BTC $USDC

Just in: BLUM has announce their new investor

BNB Chain, BInance Labs, and Coinmarketcap have been recently announce there new investment on AGGREGATA, BLUM, OPNINION LABS, SIDEKICK LABS, and VOOI.

#CryptoInvestment #BlockchainNews #BinanceLabs #TechInvestments #StartupFunding

$BNB

Just in: BNSOL is available on Binance.

Binance just recently introduced BNSOL where you can stake your SOL in the Earn section and receive BNSOL in return.

For more information, click here.

#CryptoNews #BinanceUpdate #StakeSOL #BNSOL #CryptoEarnings

$SOL $BNB

Just in: Hamster Kombat will be listed on Binance.

Another Telegram bot project, Hamster Kombat will be listed on Binance. Before the listing, Binance will conduct Launchpool and Super Earn so you can earn more HMSTR. The Launchpool procedure will be as usual, where you will lock your BNB and FDUSD for 7 days from 19 September 2024 to 26 September 2024. Meanwhile, for the Super Earn program, you have to wait until Binance announces it.

For more information, click here.

#HamsterKombat #CryptoNews #BinanceListing #EarnHMSTR #CryptoLaunchpool

$BNB $FDUSD $HMSTR