🚀 Banana Gun Update: No Backend Vulnerability Found! 🚀

Despite a recent exploit draining several user wallets, Banana Gun assures us that their backend systems are secure. After a thorough investigation, the team confirmed that the issue might be linked to the bot's front end or users' wallets. Less than 10 users were affected, with around $2 million in ETH and SOL stolen.

The bot remains offline as the team digs deeper. Meanwhile, users are advised to secure their funds and stay vigilant. The BANANA token saw a slight dip but the market remains optimistic! 🌐🔒 #CryptoNews #Web3 #Blockchain

🚀 MicroStrategy is making waves again! They’ve announced an $875M private offering of convertible senior notes at a super-low 0.625% interest rate per annum. These notes are set to mature on September 15, 2028, but can be converted into cash or stock earlier.

💡 With plans to raise $864.1M, MicroStrategy aims to redeem existing notes and expand its Bitcoin holdings. The initial conversion rate is set at 5.4589 shares per $1,000 of the note’s principal, a 40% premium over the average stock price. Exciting times ahead for $MSTR and crypto enthusiasts! #CryptoNews #Blockchain

https://t.co/xIsCTvCBgH

🚀 Arthur Hayes, co-founder of BitMEX, shared his thoughts at TOKEN2049 in Singapore, expressing concerns over the upcoming Federal Reserve interest rate cut. Scheduled for discussion on September 18, Hayes believes this could trigger a market crash, followed by a bullish recovery. 📉

He highlighted the potential impact on both traditional and crypto markets, suggesting that a significant rate cut could fuel inflation and weaken the U.S. dollar. Hayes pointed to Ethereum and other crypto assets as potential winners if Treasury yields fall. Stay tuned, the crypto market could be in for a wild ride! #CryptoNews #Web3 #Blockchain

🚀 Excited about cloud mining? Here's the scoop! Cloud mining lets you mine crypto without the hassle of physical equipment. Just rent computing power and start earning! 🌐

Top 5 legit platforms: MasHash, Binance, Bitdeer, ECOS, and StormGain. They offer strong security, user-friendly interfaces, and reliable payouts. Perfect for both beginners and pros!

Why cloud mining? No need for expensive hardware, low entry costs, and scalable contracts. Just be sure to choose a reputable site to avoid scams. Happy mining! #Crypto #Blockchain #Web3 #Metaverse

🚀 Exciting news from ICP HUB Bulgaria! They've launched Formation3, a cutting-edge Web3 accelerator on the Olympus platform, designed to supercharge visionary startups using the Internet Computer Protocol (ICP). 🌐

Formation3 isn’t just an accelerator; it's a hub for innovation, connecting startups with investors, mentors, and industry leaders. With a focus on DeFi, DeSoc, DePIN, DeAI, and Gaming, this program is set to redefine the future of decentralized tech.

Applications are open until the end of 2024. Don’t miss out on this transformative opportunity! Learn more: https://x.com/Formation_Three

#Web3 #Blockchain #ICP

🚀 Big news from Singapore! DBS, the country's largest bank, is set to launch OTC options trading and structured notes linked to Bitcoin and Ethereum prices in Q4 2024. This makes DBS the first Asian-headquartered bank to offer such innovative products! 🌟

These new offerings will cater exclusively to institutional investors and accredited wealth clients, allowing them to hedge against market volatility and earn yields on fiat currencies. This move aligns with DBS’s strategy to meet the evolving needs of its clients and solidifies its leadership in the digital asset space.

#Crypto #Blockchain #Web3 #Metaverse

🚀 Big news from Russia! The country is making waves in the crypto world by forming an experimental legal regime (ELR) focus group to legalize crypto payments for international trade. This marks a significant shift in Russia’s approach to digital currencies, aiming to find alternatives to the US dollar amidst Western sanctions.

💸 The Russian government, once cautious, is now embracing digital money, pushing forward legislation to support crypto payments in foreign trade. With the Digital Ruble set to launch in 2025 and crypto mining legalized, Russia is committed to exploring digital assets as viable alternatives in the global economy. Exciting times ahead! #CryptoNews #Blockchain

🚀 Despite a rocky 2024, Ethereum (ETH) is still in the game! Open interest in ETH derivatives has dropped from $12B to $7.65B, echoing early-year levels. While bearish sentiment looms, this could be a setup for a future rally. 📉

Funding rates are below their 50-day moving average, hinting at potential short squeezes. Whales are accumulating, but retail traders are cautious. ETH’s narrative is shifting, but its role in DeFi and passive income remains strong. Stay tuned, the crypto market is always full of surprises! #Ethereum #Crypto #Blockchain #Web3

🚀 Exciting times ahead! The India Blockchain Summit 2024 is set for October 19th at Talkatora Indoor Stadium, New Delhi. Organized by Giakaa Capital and led by visionary Omika Dubey, this free event aims to make India a global blockchain hub. 🌐

Expect 5,000+ attendees, top speakers, and key stakeholders from government, investment, and startups. Dive into sectors like healthcare, fintech, and digital governance. Don't miss out on networking, exhibitions, and startup pitches. Register now and be part of India's digital revolution! #Blockchain #IndiaBlockchainSummit2024

👉 https://www.indiablockchainsummit.in/

🚀 Tether just minted another 1 billion USDT on Ethereum! Confirmed by Whale Alert and clarified by Tether’s CEO, Paolo Ardoino, these tokens are for inventory replenishment and won't enter circulation immediately. This move ensures Tether can meet future demand without market disruption. 🌐

Tether’s presence spans multiple blockchains, with significant supplies on Ethereum and Tron. The recent mint has sparked bullish sentiment, with some seeing it as a sign of an impending market rally. Analysts like Michaël van de Poppe suggest a potential long-term bull run for Bitcoin and commodities. Stay tuned! #CryptoNews #Blockchain

🚀 Coinbase CEO Brian Armstrong denies allegations of selling 'paper Bitcoin' to BlackRock. Bitcoin OG Tyler Durden accused Coinbase of lacking transparency in ETF custody. Armstrong clarified that all ETF mints and burns are settled on-chain, with audits by Deloitte. Despite reassurances, concerns over Coinbase’s Bitcoin reserves linger. Crypto community calls for greater transparency to maintain trust. 🌐 #CryptoNews #Blockchain #Bitcoin

🚀 Big news in the blockchain world! Circle, the company behind USDC, has teamed up with Sony Block Solutions Labs to bring USDC to Soneium, an Ethereum layer-2 blockchain. This partnership aims to make USDC a key token for value exchange on Soneium, enhancing its digital finance and entertainment capabilities. 🎮💰

Circle CEO Jeremy Allaire is excited about the potential for innovation, while Sony's Jun Watanabe believes this will redefine digital entertainment and finance. With USDC already being the second-largest stablecoin globally, this move solidifies its position in the crypto ecosystem. Stay tuned for more updates!

🚀 Bitcoin and crypto are on the verge of a major rally! Analysts like Michaël van de Poppe and Raoul Pal are bullish, citing undervaluation and a surge in global liquidity as key drivers. 📈

Van de Poppe sees a decade-long bull run for commodities and crypto, pointing to historical data showing commodities at their lowest valuations since 1971 and 2000.

Raoul Pal links Bitcoin's future gains to rising global M2 money supply, predicting a strong 2024 cycle.

Titan of Crypto forecasts a 3-month rally, potentially pushing Bitcoin to an all-time high of $92K. Buckle up, it's going to be an exciting ride! 🚀

🚀 The crypto market is buzzing with anticipation as the U.S. Federal Reserve's upcoming decisions loom large. Despite a 3% dip in Bitcoin (BTC) and a 6% drop in Ethereum (ETH), trading volumes surged by 42%, showing increased market activity. 📈

Investors are on edge, awaiting key economic events, including the Fed's interest rate decision on September 18. This could be a pivotal moment for risk assets like cryptocurrencies.

Stay tuned, as the Fed's move could set the tone for the weeks ahead in both traditional and digital markets! #Crypto #Bitcoin #Ethereum #FedDecision

🚀 Despite a rocky year for James Fickle, the crypto millionaire and Amaranth Foundation founder, the future of blockchain remains bright! 🌟

Fickle's ambitious ETH/BTC bets in 2024 led to a $43.7M loss due to market volatility. Borrowing 3,061 WBTC to buy 56,445 ETH seemed promising, but the ETH/BTC ratio dropped, causing significant losses.

By August, attempts to mitigate losses with additional WBTC purchases only deepened the financial hit. Yet, Fickle still holds nearly $400M in crypto assets, showcasing resilience.

The crypto market's inherent risks are clear, but the innovation and potential of blockchain technology keep us optimistic! #CryptoNews #Blockchain

🚀 On-chain sleuth ZachXBT has called out USDC issuer Circle for being "greedy" and "indifferent" to crypto security concerns. He criticized Circle's delayed action in blacklisting stolen funds linked to North Korea's Lazarus Group, which allowed significant sums to be laundered. 💰

Despite Lazarus Group's notorious history, Circle took 4.5 months longer than firms like Tether to act. This delay has raised eyebrows in the crypto community, with accusations that Circle prioritized profit over security. The incident underscores the need for timely responses to safeguard the ecosystem. #CryptoNews #Blockchain

🚀 Big changes in Norway! Kryptovault’s Bitcoin mining facility in Stokmarknes has shut down due to noise complaints, causing a 20% spike in local electricity bills.

Despite efforts to reduce noise, the air-cooling systems were too loud for residents. Now, with the facility closed, the local energy provider, Noranett, is passing the cost onto consumers.

The average household will see an increase of $235 to $280 in their annual electricity bills. The town is now on the hunt for new projects to fill the energy gap and ease financial burdens. 🌍🔋 #Bitcoin #Crypto #Blockchain #Web3

🚀 Big news in the crypto world! Remy Ra St. Felix, a 25-year-old from Florida, has been sentenced to 47 years in prison for a $3.5 million cryptocurrency robbery scheme. His criminal activities spanned multiple states and involved violent home invasions targeting crypto holders.

🌐 The US Department of Justice also sentenced 11 of his associates, marking a significant crackdown on crypto-related crimes. While this highlights the risks, it also underscores the increasing security measures in the crypto space. Stay safe and keep your crypto secure! #CryptoNews #Blockchain

Seoul's crypto scene is buzzing! 🌧️ After Korea Blockchain Week, while many head to Token2049 in Singapore, the enigmatic Fireant stays put. Known for his deep crypto insights since 2016, Fireant dives into fundamentals rather than trends. He favors Ethereum, believing DeFi will revolutionize finance, despite current high interest rates. His data-driven approach even extends to meme coins! Beyond trading, he fosters a knowledge-sharing community in Korea, advocating for clearer regulations. Fireant remains optimistic about Ethereum’s future in DeFi. 🚀 #Crypto #Ethereum #DeFi #Blockchain

🚀 Bitcoin is back above $60K! BTC's 12% surge in the past week has lifted the entire crypto market, pushing the total market cap to $2.11 trillion. Major altcoins like ETH and DOGE are also seeing gains, up 3% and 5% respectively. Despite the rally, the fear and greed index remains neutral at 50.

Bearish traders are feeling the heat with $127.96 million in liquidations, mostly from short positions. Meanwhile, BTC ETFs are seeing inflows, reflecting bullish sentiment. MicroStrategy's $1.1 billion BTC purchase has boosted its stock by 18%. 🌐📈

#Bitcoin #Crypto #BullRun