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Fintech Giant Revolut Said to Be Planning Stablecoin

[Sep 18 11:58 AM] Crypto-friendly Revolut is said to be quite far along in creating its own stablecoin, according to two people familiar with the plan.

Bitget, Foresight Ventures Buy $30M TON Tokens From Whales

[Sep 18 11:10 AM] Deal was with a number of TON whales directly, and not a fundraising round with the TON Foundation

Ethereum Devs Poised to Split Blockchain's Next Big Upgrade, 'Pectra,' in Two

[Sep 18 11:00 AM] On Thursday, Ethereum developers will decide if Pectra will be split into two forks. If developers agree on the split, the first package could come in 2025, as early as February.

BlackRock Releases a New Report, "Bitcoin: A Unique Diversifier"

[Sep 18 10:34 AM] Asset management giant BlackRock, with over $10 trillion in assets under management, has published a new report touting Bitcoin as a unique portfolio diversifier. This marks the latest embrace of Bitcoin from the world's largest asset manager…

Australia to Prioritize Wholesale CBDC Over Retail

[Sep 18 10:06 AM] The Reserve Bank of Australia made a strategic commitment to prioritize work on a wholesale CBDC.

Ethereum Is the Microsoft of Blockchains, ETH Underperformance May Reverse Into Year-End: Bitwise

[Sep 18 8:59 AM] The Ethereum blockchain has the most active developers, the most active users and a market cap that is five times larger than its nearest competitor, the report said.

Fiat Currencies Will Be Irrelevant Within a Decade

[Sep 18 8:45 AM] Following on from my April article titled “Democracy Fails Without Cryptocurrency,” I believe that we will see a complete collapse of traditional fiat currencies within the next ten years. These government-issued and controlled monies will be…

Fed Rate Cut Could Crash Crypto Markets, But Era of Central Banks is Over: Arthur Hayes

[Sep 18 7:51 AM] A rate cut could add to inflation and strengthen the Japanese yen, crashing markets, Hayes explained.

Bitcoin Holds Above $60K as Traders Warn of Sell-Off on 50 Basis Point Fed Rate Cut

[Sep 18 6:49 AM] Traders betting on Fed fund contracts are pricing in a 65% implied probability of rates cut to a 4.5-5% range. PLUS: Circle announces partnership with Polymarket

BitGo to Enter Stablecoin Market With Reward-Bearing USDS Coin

[Sep 18 5:22 AM] BitGo says USDS is an "open participation" stablecoin that provides rewards to institutions for providing liquidity to the ecosystem.

Animoca's Timeline to Go Public Would Depend on The Market's Status: Yat Siu

[Sep 18 3:26 AM] Animoca Brands is hoping to go public soon but the final decision on the timeline is dependent on a key component, the "market’s status, amongst other" aspects, the Web3 giant’s chairman Yat Siu told CoinDesk in Singapore on Monday.

Decentralized AI Society Launched to Fight Tech Giants Who 'Own the Regulators'

[Sep 18 12:00 AM] Web3 industry leaders have launched a non-profit organization called the Decentralized AI Society (DAIS), dedicated to tackling the probability of the monopolisation of the Artificial Intelligence (AI) industry, the chair of DAIS, Michael Casey…

Samourai Developers Appear Together In Court For First Time At Status Conference

[Sep 17 10:59 PM] Today, Samourai Wallet developers Keonne Rodriguez and William Lonergan Hill appeared together in court in the Southern District of New York for a status conference. This was the first time the two made a public appearance together since the US…

BTC Miner Cathedra Shifts Focus to Bitcoin Acquisition Strategy

[Sep 17 9:35 PM] Cathedra Bitcoin Inc. has announced a significant shift in its corporate strategy, moving away from bitcoin mining to focus on growing its bitcoin holdings. The company aims to increase its shareholders’ bitcoin per share through a strategy…

DePIN Tech Shows Promise, But Implementation Faces Several Hurdles, Moody's Says

[Sep 17 9:01 PM] The Wall Street ratings agency's first-ever report about the sector underscores the increased attention towards DePIN apps.

SEC Charges 3 Individuals, 5 Companies With Operating Pig Butchering Scams

[Sep 17 7:30 PM] The U.S. Securities and Exchange Commission (SEC) has filed suit against three individuals and five companies for allegedly operating pig butchering scams – a type of confidence-enabled investment scam in which fraudsters befriend victims over…

Brian Armstrong, ETF Experts Shoot Down 'Paper Bitcoin' Rumors

[Sep 17 6:50 PM] Rumors alleging Coinbase (COIN) of issuing bitcoin IOUs to BlackRock were quickly shut down by industry experts as well as Coinbase CEO Brian Armstrong on Monday.

FTX’s Accounting Firm Prager Metis to Pay SEC $1.95M to Settle Negligence Allegations

[Sep 17 6:26 PM] International accounting firm Prager Metis has agreed to pay $745,000 to settle misconduct allegations from the U.S. Securities and Exchange Commission (SEC) tied to its bungled audit of FTX before its collapse in November 2022.

U.S. Treasury Sanctions Cambodian Tycoon With Ties to Pig Butchering Scams

[Sep 17 4:57 PM] One of Cambodia’s wealthiest businessmen has been hit with U.S. sanctions for allegedly playing a role in serious human rights abuses – including human trafficking and torture – tied to a pig butchering scam operation headquartered in the Southeast�

Bitcoin Gains 5% to $61K Ahead of Fed, but Order Books Suggest Rally Could Be Capped

[Sep 17 4:55 PM] Wednesday's FOMC meeting carries uncertainty for the market, with investors still divided on the magnitude of rate cut.

U.S. Republican Lawmakers Say Crypto Legislation Not Yet Off the Table for This Year

[Sep 17 4:40 PM] Two of the leading U.S. lawmakers seeking crypto oversight legislation, Rep. Patrick McHenry (R-N.C.) and Sen. Cynthia Lummis (R-Wyo.), are maintaining their position that a chance remains for a bill to clear Congress before the year is out.

Key Battleground State Pennsylvania Hosts Day Five of the America Loves Crypto Tour

[Sep 17 4:34 PM] On a cool autumn evening in Philadelphia, PA, more than just crypto bros showed up in The City of Brotherly Love to show their support for Bitcoin and crypto on the fifth stop on the America Loves Crypto tour. A diverse crowd of approximately 200…

Circle's USDC in Brazil and Mexico Now Available to Businesses Via Banking System

[Sep 17 4:30 PM] Previously, the stablecoin could only be purchased through crypto exchanges.

U.S. CFTC Chair Behnam Says Regulator Will Keep Pursuing Kalshi Case

[Sep 17 3:39 PM] After the U.S. Commodity Futures Trading Commission's court defeat last week in the agency's pursuit of Kalshi's election contracts, the regulator's chairman, Rostin Behnam, said it will still keep pursuing the case against what it continues to…

BlackRock's Bitcoin ETF Monday Posted First Net Inflows in 14 Days

[Sep 17 2:46 PM] BlackRock’s iShares Bitcoin Trust (IBIT) broke its 13-day long streak of flat or negative flows, with the fund Monday taking in $15.8 million, according to data from Farside Investors.

Tether-Issued Stablecoin USDT's Market Share Grows to 75% as Market Cap Tops $118B

[Sep 17 2:33 PM] The largest stablecoin's market cap has almost doubled, while key rivals declined and new entrants have yet to challenge its position.

Winklevoss Twins' Father Donates $4M Bitcoin to School Teaching Theory That Inspired Satoshi

[Sep 17 2:29 PM] His donation is the first bitcoin gift that the college has received, and will fund new business programs

Human Rights Foundation Grants 10 Bitcoin to 20 Projects Worldwide

[Sep 17 2:00 PM] Today, the Human Rights Foundation (HRF) announced its most recent round of Bitcoin Development Fund grants, according to a press release sent to Bitcoin Magazine. 10 BTC, currently worth $590,000 at the time of writing, is being granted across 20…

CoinDesk 20 Performance Update: NEAR Gains 4.8% as Index Rallies

[Sep 17 1:42 PM] Uniswap, up 3.3%, also lead gainers in overnight trading.

A New Prediction Market Raises $3M in Pre-Seed Round Led by 1confirmation

[Sep 17 1:00 PM] Unlike industry leader Polymarket, Limitless Network isn't focusing on the election. It's carving out a niche with contracts that expire quickly and user-created markets.