Shiba Inu burn rate remains at 0% despite an anonymous user incinerating 25 million SHIB tokens in a single transaction. 
As usual, Shibburn, a community-driven burn tracker for Shiba Inu, reported the incineration of 25 million SHIB tokens. The tracking platform indexed the transaction yesterday, emphasizing that the 25 million SHIB tokens were sent to Shiba Inu’s official dead wallet.

#shiba⚡ #Crypto #CryptoNewsUSA #CryptoNewsDaddy #CryptoNews🚀🔥"

Cardano founder Hoskinson says IOG is ramping up efforts to improve Cardano’s speed, aiming to outpace competitors like Solana. 
In a recent community poll by Rick McCracken, a Cardano community figure associated with the stake pool operator (SPO) Digital Fortress, members were asked to choose between two proposals. In the hypothetical scenario, these proposals would enhance the network using a budget of 20 million ADA every month.
The choices were between building a Rust-based node for 11 million ADA or implementing the Leios protocol for 12 million ADA. Of the 1,798 participants, 56% voted in favor of the Leios proposal, while only 7% supported the Rust node option. 

#CardanoSurCardanoSurge #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥"

An unknown crypto user pays a hefty fee to send a tiny fraction of XRP to the popular crypto exchange Coincheck.
Prominent XRP Ledger (XRPL) dUNL validator Vet called the public’s attention to the transaction yesterday.
Transaction Details
According to Vet, the unknown user accidentally paid 26,000 XRP, valued at $15,288 at the time of writing, to move 0.15 XRP ($0.088). The XRPL dUNL operator disclosed that he spotted the transaction after conducting an advance search on XRPScan. Vet attached a screenshot of the transaction, confirming the incident. Per the data, the transaction occurred at 10:32 a.m. (UTC) on August 31, 2024. The 0.15 XRP was sent to a blockchain address registered on the Japanese-based crypto exchange Coincheck. Specifically, the unknown user paid exactly 25,922.7 XRP ($15,242) in fees to send these tokens.
2 Weeks ago someone paid accidentally ~26k #XRP in fees for a 0.15 XRP Payment 😬
Found via the advanced search of XRPScan ❤️ pic.twitter.com/yQlSDpH1LD
— Vet 🏴‍☠️ (@Vet_X0) September 16, 2024

#XRPGoal #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥"

Recent reports show significant growth within Ethereum’s Layer 2 (L2) ecosystem. 
According to Leon Waidmann, head of research at the Onchain Foundation, over $10 billion is now locked in Ethereum L2 solutions. This figure more than doubles Solana’s $4 billion, emphasizing Ethereum’s expanding dominance.
With Layer 2 adoption accelerating, the impact is expected to be reflected in Ethereum’s price as the L2 ecosystem plays an increasing role in enhancing Ethereum’s utility.

#EthereumMemecoin #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥"

Justin Sun, the founder of the Tron network, has applauded the impressive price performance of Ethereum-based memecoin, the First Neiro on Ethereum (NEIRO).

#NeiroWoof #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥"

Bitstamp’s Head of Strategic Partnerships Eva Gartner reveals the company’s plans to launch a derivatives exchange in collaboration with Ripple.
Gartner revealed the initiative in the tenth episode of the “Built on XRPL”  series. Speaking at the series, Gartner said Bitstamp will launch the derivatives exchange in the next few months, adding that “we [Bitstamp] really hope to cooperate closely with Ripple there as well.”
Additionally, the Bitstamp exec noted that the company is excited about the upcoming derivatives exchange, suggesting that the platform could drive crypto adoption.

#Ripple💰 #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥"

Former FTX CEO, Sam Bankman-Fried, alleges that he was mistried during the last court proceeding, requesting a new hearing in his latest appeal filing.
The lawyer representing disgraced FTX co-founder Sam Bankman-Fried has appealed the court ruling against his client, seeking a new trial. In a 102-page filing at the US Court of Appeals for the Second Circuit on Friday, Alexandra Shapiro tied the request to reassess the case to presumptuous judgment.
In the appeal, the defendant argued that Bankman-Fried was judged begrudgingly by the presiding judge, Lewis Kaplan of the Southern District of New York (SDNY). Shapiro cited a bias by all involved parties during this client’s sentencing, including the media, FTX debtor estate, and federal prosecutors.

#Ftx❓ #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewsUSA

Business intelligence firm MicroStrategy, renowned for its Bitcoin holdings, has once again expanded its cryptocurrency portfolio by purchasing an additional 18,300 BTC tokens.
MicroStrategy Chairman Michael Saylor disclosed the latest acquisition in a post on X a few hours ago. As highlighted in the associated SEC filing, the acquisition took place between August 6 and September 12.
Buying at an average price of $60,408 per BTC, MicroStrategy injected fresh capital of $1.11 billion into the Bitcoin market. This move comes just weeks after the firm disclosed its intention to raise $2 billion from its shares, part of which would go toward Bitcoin purchases.

#bitcoin☀️ #crypto #CryptoNewsUSA #CryptoNewsDaddy #CryptoNews🚀🔥"

Notable crypto community figures are increasingly convinced that XRP will be the next crypto asset to secure an ETF listing, with some issuing immediate timelines to watch.
This confidence follows the latest announcement from Grayscale, one of the most prominent crypto asset managers, launching an XRP Trust.
On Thursday, Grayscale Investments introduced the Grayscale XRP Trust, providing investors with a new way to tap into XRP’s potential. The trust offers exposure to XRP, and by investing in it, eligible investors can gain access to a protocol with significant real-world applications, according to Rayhaneh Sharif-Askary, Grayscale’s Head of Product.
Remarkably, the Grayscale XRP Trust opened for daily subscriptions for accredited individual and institutional investors after yesterday’s announcement. It will operate similarly to Grayscale’s other single-asset investment trusts, focusing solely on the XRP token.
This announcement excited the XRP Army, who believe it’s a step toward launching an XRP ETF.

#XRPGoal #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥"

An unknown whale address moves 200,000 Ethereum (ETH) worth around $469 million from the Arbitrum network to crypto exchange Binance.
Blockchain tracker Whale Alert identified the movements, which occurred across six transactions over the past 24 hours. The transactions involved transferring the assets from Arbitrum through the Arbitrum Bridge to the Ethereum network, and then moving them to exchanges. 

#EthereumMemecoin #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥"

Today, Coinbase has launched Coinbase Wrapped Bitcoin (cbBTC), an ERC-20 token backed 1:1 by Bitcoin (BTC). 
The prominent U.S. exchange confirmed the launch via an official press statement today and its verified social media handles.
The move opens new doors for millions of Bitcoin holders to access decentralized finance (DeFi) applications on Ethereum and the Base blockchain. It marks a significant leap toward increasing Bitcoin’s utility and driving further adoption in the DeFi ecosystem.

#CoinbaseFeature #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥"