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  • Writer's pictureAbi

Daily #Web3 Market

20 Sep 2024



Terraform Labs secures court approval to wind-down operations after settling with SEC

Terraform Labs received court approval to wind down its operations in bankruptcy after settling a US Securities and Exchange Commission (SEC) lawsuit. Read more


YouTube Page of India's Supreme Court Hacked to Promote XRP

The channel streams hearings of notable court cases but temporarily showed promotional videos of XRP and Ripple Labs before being taken down. Read more


Ether Is Going to Shine Again, Steno Research Says

The recent Federal Reserve interest cut will fuel increased onchain activity, and this will strongly benefit the Ethereum blockchain, the report said. Read more


Jump's 'Frankendancer' Validator Client Is Live on Solana Mainnet

The ramshackle validator client is a prelude to Jump's highly anticipated Firedancer software. Read more


SocGen's Crypto Unit Takes Euro Stablecoin to Solana After Flopping on Ethereum

Stablecoins are becoming systemically important to the global financial economy, Bernstein wrote in a recent report. Read more


Crypto Exchange BingX Hacked, Onchain Data Shows Over $43M Drained

Hacker have moved the stolen assets to decentralized exchanges. Read more


Crypto Investment Firm Deus X Capital Unveils DeFi Unit Which Will Start New Yield Generating Protocol

The first protocol will be launched in 2025 with more than $100 million in total value locked. Read more


DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns

The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans collateralized by the token, and since WBTC is one of the biggest cryptocurrencies, with nearly $10 billion outstanding. Read more


Bitcoin Faces Key Test at $64K as Altcoins Lead Crypto Rally; Options Traders Bet on $70K BTC Next Month

The broad-based CoinDesk 20 Index outperformed BTC and ETH, with all of its constituents advancing through the day and SOL, AVAX and APT gaining 10%-15%. Read more


Does SBF’s Appeal Stand a Chance of Succeeding?

Lawyers contacted by CoinDesk are skeptical the FTX’s founder will get another trial. Read more


Ethereum Developers Confirm Plan to Split 'Pectra' Upgrade In Two

The decision to split up the upgrade wasn't unexpected. Developers had been discussing previously that Pectra was becoming too ambitious to ship all at once, and expressed desires to split it in order to minimize the risk of finding bugs in the code. Read more


Crypto for Advisors: Are Advisors Investing in Crypto?

Did the launch of spot crypto ETFs help bring crypto into the mainstream and encourage adoption - particularly by closing the gap between advisors and their clients? Read more


Hashgraph Association to explore digital asset use cases with Qatar stakeholders

The Hashgraph Association will explore digital asset use cases like equity and real estate tokenization with stakeholders in Qatar. Read more


Crypto Price Analysis September-20: ETH, XRP, ADA, BNB, and SOL

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) The market has had a great week so far, and Ethereum closed with a 9% price increase. On Wednesday, the Fed cut the interest rate by 0.50%, which turned out to be extremely bullish for crypto.  Read more


Bitcoin (BTC) Price Touched $64K, Solana (SOL) Explodes 9% Daily (Market Watch)

AVAX is the other massive gainer from the larger-cap alts. Read more

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