đ What happened in Crypto in the last 12h? đ
âą $PHB $CFX - China's central bank announced on Thursday that it will cut bank reserve requirements by 0.5% points to inject 1 trillion yuan ($142B) of liquidity into the market. CTs expect a massive influx of Chinese money into crypto.
âą $TRU $TUSD - SEC charges TrustToken and TrueCoin with fraud. The SEC alleged that 99% of TUSD reserves were being invested in speculative offshore funds, which made money by exposing investors to undisclosed risks. The two companies settled with the SEC to pay a fine of $163,766 each.
âą $ETH - SEC delays decision on BlackRock $ETH spot ETH options approval to November 10th.
âą $ZK - Coinbase announces the listing of $ZK. $ZK is scheduled to trade at 9AM PT on Sept 25th.
âą The Bank of New York Mellon is advancing its plans to offer custody services for $BTC, $ETH ETF clients.
âą $ENA - Ethena launches $eUSD, a restaking coin of $USDe. This is a collaboration between Eigenlayer and Ether.fi.
âą $FET - ASI has officially announced that $CUDOS is joining the ASI Alliance and will be merged into $FET.
âą DWF Labs co-founder Andrei Grachev has announced that DWF Labs will launch a synthetic stablecoin project in Q4 to Q1 of next year.
âą $CHR - Chromia has announced the launch of $CHR native staking.
âą $ALICE - My Neighbor Alice has announced the launch of Beta Season 2.
