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Traders have increasingly favored these networks over Ethereum for their lower transaction fees and faster speeds.

Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.

Bitcoin has pulled back below the $42,000 level, causing almost $16 million in long liquidations.Conversely, major stock indices continued to post gains two days after the Fed’s latest rate pause.

Like it or not, dog tokens are driving big business in the crypto markets.

The U.S. central bank yesterday signaled that far easier monetary policy is in store for 2024.
Ether is expected to outperform bitcoin and other cryptocurrencies next year due to the Ethereum blockchain’s EIP-4844 upgrade, the report said.




- 02:12Zhonglian Development Holdings surges over 60% as the company plans to acquire a 20% stake in RWA firm NVTH for HK$100 millionAccording to Jinse Finance, market data shows that China United Development Holdings (00264.HK) surged over 60%. The company plans to acquire a 20% stake in NVTH Limited, a firm engaged in RWA tokenization-related business, for HKD 100 million. (Jin10)
- 01:01Identity of the First YZY Buyer Revealed, Previously Profited Over $100 Million from TRUMPOn August 22, according to on-chain analysis by Bubblemaps, the first buyer of YZY was Naseem—a trader who invested $1.1 million in TRUMP earlier this year and ultimately made over $100 million in profit. YZY was deployed on-chain on August 17, with the first actual transaction taking place on August 21, when an address starting with AwY1V purchased $250,000 worth of YZY. Bubblemaps discovered a strong connection on-chain between the AwY1V address and wallets previously associated with Naseem, including addresses that had previously snapped up Libra and Trump tokens. Based on this evidence, there is reason to believe that the AwY1V address belongs to Naseem. So far, Naseem has cashed out $800,000 from the initial purchase, still holds $600,000 worth of YZY, and may have used other addresses for trading.
- 00:57Europol’s Bounty on Russian Crypto Ransomware Gang Turns Out to Be a ScamAccording to Jinse Finance, a supposed $50,000 bounty offered by Europol for tracking down the administrators of the Russian ransomware group Qilin is actually just a Telegram scam. This fake bounty announcement deceived several cybersecurity news outlets, leading them to mistakenly believe that Europol would reward anyone who could provide information on Qilin’s two administrators, Haise and XORacle. The two are reportedly responsible for “coordinating affiliates and overseeing extortion activities,” and Europol was said to be seeking intelligence that could “directly lead to the identification or location of these administrators.” However, Europol confirmed to Security Week that this so-called bounty is in fact a “scam,” and the agency has never issued such a reward.