Category: crypto
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UQUID Report Identifies TRON as Core Infrastructure for E-Commerce Payments Across Latin America, Africa, and Asia
The sponsored post by UQUID from Geneva, Switzerland, highlights TRON’s accelerating adoption in stablecoin payments and everyday purchases, particularly in Latin America, Africa, and Asia. TRON’s technical advantages, low fees, and fast processing times have made it a preferred network for Web3 payments, driving financial inclusion and reliable digital payments. UQUID is a Web3 commerce…
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Democrats unveil new market framework to counter Trump’s crypto footprint
Democrat lawmakers have proposed new legislation to regulate the U.S. digital asset market, aiming to close regulatory gaps and restore investor confidence. The plan includes giving the CFTC jurisdiction over digital commodities, enhancing oversight of crypto trading platforms, and preventing abuse by public officials. The proposal also addresses DeFi protocols and stablecoins, emphasizing the need…
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Employment data revision washes $60B from crypto market cap
The crypto market lost $60 billion in market capitalization after the US labor market was revealed to be weaker than previously reported. Bitcoin and Ethereum both dropped in value, with major altcoins also posting losses. The revision of employment data suggests a possible rate cut in September due to overcounting of jobs.
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Ethereum layer-2 networks Linea and Polygon hit by significant outages
Two major Ethereum layer-2 networks, Linea and Polygon, experienced operational setbacks on Sept. 10, raising concerns about scaling solutions. Linea had an hour-long pause in block production due to reduced performance from the mainnet sequencer, coinciding with an airdrop. Polygon faced a 10-15 minute finality delay due to a bug affecting nodes.
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AI agents can now pay APIs with USDC in 200 ms as Coinbase activates x402 Bazaar
Coinbase has launched x402 Bazaar, a catalog for AI agent-powered micropayments. It indexes services accepting USDC payments and settles through a hosted facilitator. x402 protocol uses the HTTP 402 status code for payments. The whitepaper discusses sub-second confirmations and low gas fees. Regulatory changes support stablecoin rules in the US and Europe.
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Ethena enters USDH race supported by BlackRock BUIDL, Anchorage, Securitize
Ethena Labs submitted a proposal to become the issuer of Hyperliquid’s stablecoin USDH, backed by USDtb from BlackRock’s BUIDL fund. They plan to return 95% of revenue to the community. Hyperliquid is considering various proposals to introduce USDH and improve revenue. Ethena differentiates itself with partnerships and security infrastructure plans.
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Eric Trump removed from ALT5 Sigma board following Nasdaq rule compliance requirements
Eric Trump was removed from ALT5 Sigma Corporation’s board of directors in compliance with Nasdaq’s listing rules. The company restructured its board composition, appointing Zachary Folkman as a new director. ALT5 Sigma formed a partnership with World Liberty Financial, acquiring a stake in WLFI tokens. The company faces challenges including potential financial misstatements and criminal…
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Winklevoss twins’ Gemini gears up for public debut this week with Nasdaq backing
Gemini, a cryptocurrency exchange founded by the Winklevoss twins, is set to go public in New York with Nasdaq as a strategic investor. The share sale could raise up to $317 million, with Nasdaq expected to buy $50 million of stock. Gemini plans to trade under the ticker symbol “GEMI” and the partnership with Nasdaq…
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Solana TVL hits new all-time high of $12.1B amid rising institutional interest
Solana (SOL) reached a new all-time high in total value locked (TVL) of $12.11 billion, a 15% increase in the past month driven by growth in DeFi protocols. Institutional interest in Solana is growing, with companies like Forward Industries investing $1.6 billion in SOL and the launch of staking-enabled ETFs in the US.
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CBOE plans November launch for Bitcoin and Ethereum continuous futures contracts
CBOE Global Markets plans to launch Bitcoin and Ethereum continuous futures contracts on Nov. 10 pending regulatory review. The new product suite will debut on CBOE Futures Exchange with single, long-dated instruments and cash-settled contracts aligned to real-time spot market prices. Regulatory coordination between the SEC and CFTC is increasing to advance digital asset oversight…