Crypto Exchange Gate Unveils Its Own Layer 2
Gate, a leading cryptocurrency exchange, has unveiled its proprietary Layer 2 (L2) network dubbed Gate Layer. The launch of this L2 coincides with a significant upgrade to the tokenomics of…
WhatsApp Rolls Out In-App Message Translation for iOS and Android.
WhatsApp has launched a new built-in message translation feature for iOS and Android users, enabling seamless cross-language communication without external apps. The rollout began this week (as of September 25,…
FTX Recovery Trust Files $1.15B Lawsuit Against Genesis Digital.
The FTX Recovery Trust filed a $1.15 billion lawsuit on Monday in a Delaware bankruptcy court, accusing Genesis Digital Assets (GDA), a Kazakhstan-based bitcoin mining firm, of receiving customer funds…
Bitcoin Faces Liquidity Threat as $107K Cluster Builds.
Bitcoin is currently growing under a huge selling pressure as a liquidity cluster forms near $107,000, raising the risk of sharp price swings. In contrast, the global crypto market cap…
Michael Saylor Says Bitcoin Is the “Next Frontier” for Treasuries.
Michael Saylor, CEO of Strategy, described Bitcoin as the “next frontier” for national reserves and corporate balance sheets. He argued that, unlike cash or share buybacks, Bitcoin strengthens companies’ finances…
Tether Plans Capital Raise at $500B Valuation, CEO Says.
Tether, the issuer of the world’s largest stablecoin, is exploring a fundraising round that could value the company at around $500 billion, its CEO Paolo Ardoino confirmed. The El Salvador-based…
SEC Clears Grayscale’s ETH ETFs Under New Generic Rules.
The U.S. Securities and Exchange Commission (SEC) has approved Grayscale’s Ethereum Trust and Ethereum Mini Trust to list under NYSE Arca’s new generic Rule 8.201-E, streamlining the exchange traded fund…
Bitcoin Holders Dump $3.3B as BTC Price Tests Key Support
Over 30,000 BTC worth $3.3B hit exchanges at a loss as short-term holders capitulated. Bitcoin price sits near the short-term holder realized price, historically a key support level. Whale wallets…
Strategy Acquires Additional 850 Bitcoin, Total Holdings Reach 639,835.
Strategy, a business intelligence and software firm, announced the acquisition of an additional 850 Bitcoin (BTC), bringing its total holdings to 639,835 BTC, according to its latest disclosure. The company…
Base Is A Model Ethereum L2, Enhancing User Experience: Vitalik Buterin.
Base, a Coinbase Layer-2 (L2) solution, is getting support from Vitalik Buterin. The Ethereum Co-Founder recently stated that its sequencer enhances Ethereum’s scalability while preserving user fund security through Layer-1…