Michael Saylor and Marathon Digital CEO will join Capitol Hill roundtable on national Bitcoin strategy

Key Takeaways Industry leaders, including Michael Saylor and Fred Thiel, will attend a Capitol Hill roundtable to support the BITCOIN Act. The BITCOIN Act, reintroduced by Sen. Cynthia Lummis, proposes the US government acquire 1 million Bitcoin over five years. Share this article Strategy co-founder Michael Saylor, Marathon Digital CEO Fred Thiel, and other industry leaders will attend a Capitol Hill roundtable on Tuesday to advocate for the BITCOIN Act. The bill, reintroduced by Sen. Cynthia Lummis in March, proposes the US acquire 1 million Bitcoin over five years through…

US SEC and Gemini Trust agree to settle lawsuit over unregistered crypto lending program

Key Takeaways The US SEC and Gemini Trust have agreed in principle to settle a lawsuit. The lawsuit was about Gemini’s unregistered crypto lending program. Share this article The US Securities and Exchange Commission and Gemini Trust have reached an agreement in principle to settle a lawsuit over an unregistered crypto lending program. The settlement resolves the SEC’s case against the digital asset exchange regarding its lending operations that regulators alleged violated securities laws by operating without proper registration. Share this article Source link

Rabby Wallet integrates XRPL EVM chain with Peersyst

Key Takeaways Rabby Wallet now supports the XRPL EVM chain, expanding its compatibility. The integration brings Ethereum Virtual Machine (EVM) compatibility to the XRP Ledger. Share this article Rabby Wallet has integrated the XRPL EVM chain in partnership with Peersyst. The integration allows Rabby Wallet users to access the XRPL EVM chain, which brings Ethereum Virtual Machine compatibility to the XRP Ledger ecosystem. Peersyst collaborated on the integration to enable this functionality within the wallet interface. Share this article Source link

Prenetics now holds 228 BTC and buys 1 BTC daily

Key Takeaways Prenetics, a NASDAQ-listed healthcare and diagnostics company, currently holds 228 Bitcoin. The company is actively buying 1 Bitcoin every day as part of its corporate treasury strategy. Share this article NASDAQ-listed Prenetics now holds 228 Bitcoin and is purchasing 1 Bitcoin daily, the company announced today. The healthcare and diagnostics company has joined the growing list of publicly traded firms adding Bitcoin to their corporate treasuries through regular purchases. Share this article Source link

OKX X Layer hits record 71,400 active addresses and tops $1M in DEX fees, second only to BNB Chain

Key Takeaways OKX’s X Layer recorded 71,400 active addresses on September 12, reaching a historic high for the network. Total number of addresses on X Layer has surpassed 4 million. Share this article OKX’s X Layer blockchain recorded 71,400 active addresses on September 12, marking a new high for the network. The milestone pushed the total number of addresses on X Layer to over 4 million. The network has generated nearly $1.0 million in fees for the OKX decentralized exchange, ranking second among Ethereum Virtual Machine-compatible networks behind BNB Chain.…

Vader launches EgoPlay closed beta for gamified smart glasses tasks

Key Takeaways Vader launched EgoPlay, a gamified platform for task completion using smart glasses. EgoPlay users earn Vader Points for completing daily tasks via smart glasses. Share this article Vader launched EgoPlay, a gamified platform where users complete daily tasks with smart glasses to earn Vader Points. The platform entered closed beta today. The system allows users to perform tasks through smart glasses technology while earning rewards through the company’s point system. EgoPlay represents Vader’s entry into gamified task completion using wearable technology. The closed beta provides limited access to…

Farcaster launches token and trade alerts on Base and Solana

Key Takeaways Farcaster introduced token and trade alerts for Base and Solana blockchains. Users can track trading activity and set customized price notifications directly within Farcaster. Share this article Farcaster launched token and trade alerts for Base and Solana networks today, allowing users to track trading activity and set price notifications. The decentralized social protocol now enables users to follow traders and receive notifications within seconds of their transactions. Users can also configure custom price alerts to monitor when to buy or sell tokens across both blockchain networks. The new…

Polymarket funding round aims to triple valuation to $3B

Key Takeaways Polymarket is seeking funding that would increase its valuation to $3 billion, triple its previous level. The platform gained significant traction during the 2024 US presidential election, driving up trading volume and user activity. Share this article Polymarket is seeking to raise funding in a round that would triple the prediction market platform’s valuation to $3 billion, according to sources cited by Business Insider. The crypto-based betting platform, which gained prominence during the 2024 US presidential election, is looking to capitalize on its recent surge in trading volume…

Stablecoin liquidity reaches record high

Key Takeaways Stablecoin liquidity has reached a record high, indicating increased market activity. Stablecoins play a crucial role as liquidity providers in the crypto ecosystem. Share this article Stablecoin liquidity has reached an all-time high, marking a new milestone for the digital asset sector. The development represents the latest indicator of growing activity and capital flows within the crypto market, as stablecoins serve as key infrastructure for trading and transactions across digital asset platforms. Stablecoins, which are digital assets typically pegged to traditional currencies like the US dollar, function as…

Bitcoin ETF sees $552.7M inflow and Ethereum ETF sees $113.1M inflow on Sept. 11

Key Takeaways Bitcoin ETFs saw significant inflows of $552.7 million on September 11. Ethereum ETFs attracted $113.1 million in inflows on the same date. Share this article Bitcoin exchange-traded funds recorded $552.7 million in inflows on September 11, while Ethereum ETFs saw $113.1 million in inflows on the same day. The inflows represent investor purchases of the digital asset ETFs during the trading session. Bitcoin ETFs attracted nearly five times more capital than their Ethereum counterparts. Both crypto asset categories saw positive investor demand, with the combined inflows totaling $665.8…