#september

The chance that the U.S. Federal Reserve will cut interest rates by 50 basis points in September surged to 47%, according to CME Group data at the time of publication.

On September 12, Vitalik Buterin wrote on X that starting next year, he will no longer publicly mention L2 projects that haven't reached at least Stage 1 of his rollup milestones, which he introduced in 2022.

On September 10, tech giants Apple and Google encountered significant legal defeats that will require them to pay substantial fines.

On September 6, the US Bureau of Labor Statistics released its August employment report. The unemployment rate dropped to 4.2%, in line with market forecasts. However, non-farm payrolls grew by 142,000, falling short of the expected 164,000.

WhiteBIT, the official partner of Ukraine's national football team, launched an exclusive presale of tickets for the upcoming match between Ukraine and Albania on September 7 in Prague.

Canadian mining firm Hut 8 reported that it hasn't sold any of the 111 BTC it minted in September 2023, despite a decline in the previous year's revenues.

Treasure DAO, which is set to launch its own gaming network, is considering migrating to the Layer 2 blockchain ZKsync instead of Arbitrum, citing a more suitable infrastructure for decentralized games. A vote is scheduled for September 17 to allow users time to discuss the proposal.

On September 11, the U.S. Bureau of Labor Statistics reported that the Consumer Price Index (CPI) year-over-year for August had decreased to 2.5%, down from the previous 2.9%.

TOKEN2049, one of the largest crypto conferences in the world, will host more than 20,000 participants, 200 speakers, and over 500 side events. The conference will take place in Singapore from September 18 to 19.

TeraWulf, a mining company, is set to launch a new Bitcoin mining facility named WULF Den by the end of September 2024. This facility will be equipped with a liquid cooling system and will deliver a minimum of 2 MW of power, substantially increasing the company's total output.

The Securities and Exchange Commission (SEC) of the United States secretly investigated Dapper Labs, known for its NFT initiatives, concluding its probe on September 29, 2023. Fortune, an American business publication, disclosed this based on an internal agency document.

Manta, a modular L1 blockchain launched in September 2023, has clinched the 9th position in the list of top projects by Total Value Locked (TVL). With $468 million, it has outperformed rivals such as Sui, Cardano, and Base. Despite this achievement, the trading activity on its DEX remains relatively low ($4.6 million).

In a low-key yet significant move, Tether, the company behind USDT stablecoin, added 8,888.88 BTC (approximately $380 million) to its reserves in the previous quarter. This acquisition increased its Bitcoin stash to a hefty 66,465 BTC, valued at $2.8 billion, adhering to its policy of monthly Bitcoin purchases since September 2022.

OpenAI’s revenue for September from mobile ChatGPT subscriptions saw a notable increase of 20% from the previous month, reaching an estimated total of $3.2 million.

With $549 billion, September recorded the lowest trading volume of the year for Bitcoin futures. The list of leaders comprises: Binance with $247 billion in trades OKX with $95 billion ByBit accounting for $75 billion Bitget recording $68 billion On another note, DEX platforms also set an annual low with a trading volume of $32 billion.With $549 billion, September recorded the lowest trading volume of the year for Bitcoin futures.The list of leaders comprises: Binance with $247 billion in trades OKX with $95 billion ByBit accounting for $75 billion Bitget recording $68 billion On another note, DEX platforms also set an annual low with a trading volume of $32 billion.