October, 2024

October, 2024

US Treasury says stablecoin growth is increasing demand for T-bills
The U.S. Treasury said it estimates that $120 billion of stablecoin collateral has been invested in Treasuries....

OpenEden fires employee following drugging allegations in Hong Kong
OpenEden, the real-world asset firm co-founded by DWF Labs partner Eugene Ng, has terminated the employee accused of drugging a woman....

Post-election regulatory environment is more important for Ethereum, altcoins: Bitwise CIO
A Donald Trump win would be more impactful for Ethereum and other altcoins, according to Bitwise CIO Matt Hougan....

Test token for Magic Eden’s forthcoming airdrop crosses $6 million market capitalization
The test token helps Magic Eden check the overall flow for users claiming ME, the platform's future ecosystem and utility token....

=nil; Foundation launches testnet looking to tackle scalability and fragmentation issues on Ethereum
In some sense, the protocol is keeping Ethereum’s original vision of using sharding to scale the network alive....

WhatsApp-based payment startup Felix partners with Zero Hash to improve international remittance service
The partnership is aimed at boosting the speed and ease of cross-border payments through the use of stablecoins when making money transfers....

Crypto Council for Innovation boosts its staking advocacy through new partnerships with the Proof of Stake Alliance, others
Crypto Council for Innovation is planning to delve more into staking as the advocacy group makes key moves to expand its outreach efforts. ...

Chainlink unveils modular architecture in latest upgrade, introducing ‘runtime environment’ across multiple chains
Chainlink has introduced a major platform upgrade designed to make it more flexible and easier to use for developers and enterprises....

BlackRock’s IBIT dominates as spot bitcoin ETFs record $870 million in daily inflows, largest since June
The 12 spot bitcoin ETFs in the U.S. reported total daily net inflows of $870 million on Tuesday, the largest since the first week of June....

Swell switches to OP Stack to develop rollup, replacing earlier plan to use Polygon CDK
Swell is transitioning to Optimism’s Superchain ecosystem and developing an optimistic rollup on the OP Stack....

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