Good morning 🙌🏻 | 3rdeyeofcrypto on Binance Square

Trending Articles

Bookmarked and Liked

--

Good morning 🙌🏻

0 people tipped the creator.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

3.1k

0

Replies 1

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@motec

Explore More From Creator

$BTC monthly close above 60k and 90k next

--

MicroStrategy Raises $1.01B to Fuel Bitcoin Purchases and Debt Repayment MicroStrategy has successfully raised $1.01 billion through a convertible senior note offering, continuing its bold strategy of acquiring Bitcoin. Led by Michael Saylor, the company plans to use the proceeds primarily to purchase more Bitcoin and redeem $500 million in secured notes, freeing up 69,080 BTC held as collateral. This latest funding round, completed on September 19, 2024, offers investors notes with a 0.625% interest rate, maturing in 2028, with an option to convert into cash or MicroStrategy stock. As of September 2024, MicroStrategy holds 244,800 BTC, having purchased 18,300 BTC between August and September at an average price of $60,408 per coin. Saylor's aggressive Bitcoin acquisition strategy has yielded a 4.4% return for the quarter and 17% for the year, positioning the company as a major player in the cryptocurrency market. 4o

--

BingX Loses $43M in Hot Wallet Hack, Promises Compensation to Users On September 20, 2024, hackers breached the hot wallet of BingX, a cryptocurrency exchange based in Singapore, and stole approximately $43 million in digital assets. Security firm PeckShield confirmed the amount, emphasizing the seriousness of the attack. In response, BingX's technical team quickly transferred assets to safer cold wallets and paused all withdrawals to prevent further losses. Despite the breach, BingX assured users that most of its assets remain secure in cold storage, with only a small portion affected. The exchange plans to compensate users impacted by the theft and expects to resume withdrawals within the next 24 hours. This incident underscores the ongoing security challenges facing crypto platforms, but BingX's swift action demonstrates its dedication to safeguarding user funds.

--

Ethereum's Pectra Upgrade to Be Split into Two Forks for Timely Implementation Ethereum's upcoming upgrade, Pectra, will be divided into two stages to implement over 20 Ethereum Improvement Proposals (EIPs) without delays. After the developers' meeting on September 19, 2024, the decision was made to split the upgrade into two forks: Pectra 1 and Pectra 2. Alex Stokes, a researcher at the Ethereum Foundation, led the call that resulted in the division. Pectra 1 will focus on eight EIPs currently undergoing testing, while Pectra 2 will address 12 other EIPs, including the highly anticipated PeerDAS and EOF. Pectra 1 will introduce Verkle Trees, reducing the burden on validators by decreasing node data storage. Additionally, EIP-7702 will bring "smart account" features, allowing batch transactions and better security for external wallets. Pectra 2 will focus on enhancing Layer 2 scalability with PeerDAS and improving Ethereum’s Virtual Machine (EVM) for faster smart contract execution. This two-stage approach will allow Ethereum to deliver timely improvements, enhancing scalability, security, and interoperability across both Layer 1 and Layer 2 applications.

--

$BTC Consolidation above the purple box or a retest towards the 60k area weekendd today

--

Latest News

Binance Market Update (2024-09-21)

--

DFINITY Foundation Partners With Cambodian Ministry To Support Smart City Innovation

--

DeBridge Foundation Announces Launch Date for DBR Token

--

Elon Musk's Mars City Name Sparks Massive Surge In Memecoin Value

--

Zeus Network Unveils Bitcoin-Solana Interaction Browser at Solana Breakpoint

--

Cookie Preferences

ba-one-trust-cookie