Bitcoin
Liquid staking token providers are using WBTC directly for BTC staking in Babylon, while other stakers are unwrapping WBTC to participate.
Trump or Harris—does it really matter for bitcoin? Financial experts say a massive wave of liquidity is coming to push markets higher.
The film’s conclusion was met with much skepticism from the crypto community, including denials from Todd himself.
Business
The acquisitions come at a time when the decentralized exchange is positioning itself as a staple on Coinbase L2 Base, and yet its growth is raising questions about the sustainability of token-based incentives.
DeFi
The Ethereum-based Layer-2 protocol announced that it’s allocating 5.5% of its token supply to the Binance launchpool.
Regulation
If the Federal Reserve and FDIC are imposing an undisclosed rule, they may be in breach of the Administrative Procedure Act.
Bitcoin reserves on exchanges have dropped to a six-year low, suggesting that investors are leaning towards holding coins over actively trading.
FTX creditors will soon start to receive as much as $16.5 billion in distributions now that the bankrupt crypto exchange’s reorganization plan has been approved. But that doesn’t mean all this money will immediately flow back into the crypto markets.
Bitcoin has recovered its losses for the month, while memecoins are posting strong gains. However, some caution against overly optimistic expectations for October.
