#market

Tether Holdings Ltd continues to roll out ambitious plans to broaden its influence. As a major player in the crypto market and the leading stablecoin issuer, the company is now shifting its focus towards traditional financial markets.

FBI agents set up a fake company called NexFundAI, which issued several tokens on the Ethereum blockchain. The aim was to stage a trap to expose market makers involved in market manipulation and catch the fraudsters red-handed.

BitMEX co-founder Arthur Hayes discussed issues connected with token launches in the current crypto market.

Crypto investment company 21Shares urged financial authorities to establish clear rules for the European market.

A recent report from Kaiko reveals that Crypto․com has become the market leader in the U.S. for platforms supporting USD transactions. With over 50% of market share in weekly trading volume, the platform has outpaced Coinbase nearly three times over.

Flare has emerged as a new top gainer in the cryptocurrency market. The native token FLR surged by 16%, nearly tripling the growth of its nearest competitor.

Powell’s Speech - Today, on September 30, Federal Reserve Chair Jerome Powell will be delivering his latest briefing.

The Layer 1 blockchain Sui is at the center of a controversy following allegations of insider trading. Some users allege that insiders connected to the project managed to make substantial profits from a surge in SUI’s price, selling their tokens just before the broader market correction.

The AI bot "Truth Terminal," backed by a16z, has been the driving force behind the sharp surge of the relatively unknown meme token GOAT. In just a few days, GOAT skyrocketed by nearly 1000%, pushing its market cap to $150 million.

Uniswap, the decentralized exchange, has revealed its proprietary L2 blockchain, Unichain, developed using the OP Stack from Optimism. According to the development team, this initiative is part of a strategy to enhance Ethereum’s scalability, leading to a major increase in payment efficiency.

Binance has officially announced the 60th project on its Launchpool featuring Scroll (SCR). Pre-market trading for the token will start on October 11.

In response to the MiCA regulations that took effect in the EU on July 1, 2024, Tether has revealed it’s working on a game-changing solution, specifically created for the European market. This bold move comes as Coinbase sets strict deadlines for compliance, with rumors swirling about a possible delisting of USDT within the European Economic Area.

Raydium, an Automated Market Maker on the Solana blockchain, has announced a new feature enabling transfers from EVM networks to Solana.

Fidelity, an investment company, reports that the value of X has plummeted by 4х since Elon Musk's purchase. Musk bought the social platform for $44 billion, utilizing personal funds, loans, and other resources, before taking the company private—removing it from the stock market.