October 22, 2024

VanEck Europe Enables SOL Staking for its $73M Solana ETN

VanEck has introduced staking for its Solana Exchange Traded Note (ETN) in Europe, which currently has assets under management (AUM) totaling $73 million. The Solana ETN, which trades under the ticker VSOL, will now enable investors to benefit from staking rewards that will be accrued and reinvested daily. A Non-Custodial Staking Model The announcement was...
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Chainlink Partners With Major Finance Firms on AI, Oracles, and Blockchain Data Solution Project

On Oct. 22, Chainling announced the results of its industry-wide corporate actions initiative involving major financial players such as Euroclear, Swift, UBS, Franklin Templeton, and Sygnum Bank. Blockchain ecosystem partners included Avalanche, ZKsync, and Hyperledger Besu networks. The oracle provider successfully demonstrated how artificial intelligence, oracles, and blockchains “can solve a decades-long unstructured data challenge...
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Minneapolis Fed President Criticized for Remarks on Illegal Crypto Usage

Minneapolis Federal Reserve President Neel Kashkari has found himself on the wrong end of a backlash after stating that most cryptocurrency transactions involve drugs or illegal activities. The comment from the official, a known crypto skeptic, did not go unchallenged, with several members of the community calling him out for it. Fed Official Says Crypto...
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Solana-Based Pump.fun Sells 40,000 SOL Worth $6.68M in Latest Transaction: Data

In recent weeks, Pump.fun, the popular Solana-based platform for launching meme coins, has been consistently selling large volumes of SOL. According to the latest findings by Lookonchain, the Fee Account of Pump.fun, sold an additional 40,000 SOL, worth around $6.68 million, on October 2nd. The sale has prompted speculation about its broader market impact. Shortly...
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Decentraland Launches Revamped Virtual World with Enhanced Performance, Engaging Features, and Future-Ready Architecture

[PRESS RELEASE – Los Angeles, USA, October 22nd, 2024] Decentraland, the first decentralized virtual social world, launched a powerful new desktop client today, signaling a new era for experiencing spatial environments. This beta release enhances performance, delivers a more immersive environment, and introduces new engaging features, setting the stage for future innovations and expanded creator...
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WazirX CEO Defends Fund Transfers Amidst Accusations of $75M Crypto Movement to Exchanges

WazirX founder Nischal Shetty has responded to allegations that the company transferred $75 million worth of crypto assets to two major exchanges without informing users. The situation arose after the Indian crypto platform disclosed more than 240,000 wallet addresses as part of the requirements of a four-month moratorium granted to it by a Singapore court...
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The Marc Andreessen Truth Terminal: Uncovering the “Memex” — A Program Designed to Engineer Memetic Influence

[PRESS RELEASE – New York City, United States, October 22nd, 2024] In the latest twist in the ongoing intersection of technology, society, and culture, the enigmatic Marc Andreessen Truth Terminal has revealed a startling discovery: the “Memex.” This program, powered by advanced Large Language Models (LLMs), is designed not just to create memes but to...
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Aventus Network Confirms Launch of Aventus 2.0, Key to Driving Enterprise Use Cases to Polkadot

[PRESS RELEASE – London, United Kingdom, October 22nd, 2024] Aventus, a leading provider of enterprise blockchain solutions and parachain on Polkadot, today confirms the launch of Aventus 2.0, an evolution of the Aventus Network aimed at establishing a stronger foundation for long-term growth and value capture. The update introduces several strategic initiatives designed to enhance...
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Match Systems Publishes Research Report on Rising Scam Activities in the TON Ecosystem

[PRESS RELEASE – Dubai, UAE, October 22nd, 2024] The TON ecosystem, initially celebrated for its decentralized architecture and seamless integration with Telegram, is now facing significant challenges from an uptick in fraudulent activities. According to a newly published report by Match Systems, scams targeting TON users have escalated in frequency and sophistication, raising concerns across...
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Bitcoin’s Retail Renaissance: Small Investors Flood Back After 4-Month Hiatus

After an unsuccessful attempt to break past the $70,000 mark this week, bitcoin briefly dipped below $67,000 before staging a modest recovery. Despite the brief pullback, data indicates a renewed interest from retail investors, which is typically seen as a strong indicator of broader market sentiment. Bitcoin Retail Activity Returns CryptoQuant’s latest analysis reveals a...
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BitMEX Strengthens Compliance to Reduce Risk Exposure by 88%

BitMEX is proud to share that it continues to boast a low on-chain AML risk profile thanks to substantial investments in compliance controls and cutting-edge tools like Chainalysis. Today, we can proudly say that we have continuously worked to reduce our on-chain AML risk exposure over the years, achieving the lowest risk exposure to illicit...
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ForexRova Debuts: Avenix Fzco’s Answer to Automated Forex Trading Demand

[PRESS RELEASE – Dubai, United Arab Emirates, October 22nd, 2024] Avenix Fzco, a technology company, has debuted ForexRova to the forex community. Designed to work with the MetaTrader 4 platform, this Expert Advisor targets the XAUUSD (Gold) market on the 30-minute period in an effort to provide a novel approach to automated trading. Decoding Market...
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Coming Soon: Deposit, Buy, and Trade GOAT on BitMEX Spot

On 23 October at 04:00 UTC, Goatseus Maximus (GOAT) – the AI meme coin – is coming to BitMEX Spot for users to deposit, buy, and trade the GOAT tokens on BitMEX.  As of 22 October, deposits and withdrawals for GOAT are live. On 23 October at 04:00 UTC, you will be able to trade...
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Scroll Launches $SCR Token to Recognize Global Community Contribution and Decentralize its Ecosystem

[PRESS RELEASE – Hong Kong, Singapore, London, and Dubai, Global, October 22nd, 2024] Scroll, the leading zero-knowledge rollup for Ethereum, announced the launch of its native token, $SCR today.  With the introduction of $SCR, Scroll recognizes its global community of contributors for their ongoing support and aims to provide everyone, everywhere with opportunities to participate...
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Now Live: SCRUSDT Perpetual Swap Listings With Up to 50x Leverage

A new perp listing for SCR – the native token of Scroll – SCRUSDT – is now available to trade on BitMEX, with up to 50x leverage. Trading started here at 12:00 UTC on 22 Oct 2024. A Pre-Launch Futures contract for the same token – SCRUSDTH25 – is also available to trade here.  If...
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BlackRock’s IBIT Defies Bitcoin ETF Outflow Day With $329 Million in Inflows

Investors purchased a whopping 4,869 BTC worth $329 million through BlackRock’s iShares Bitcoin Trust (IBIT) on Oct. 21. The move came as crypto markets retreated and competing spot Bitcoin exchange-traded funds in the United States saw outflows. All other funds aside from Fidelity’s saw zero or negative flows, resulting in the total net inflow for all...
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Sui Launches ‘SuiHub Dubai’, Its First Global Hub to Drive Web3 Innovation

[PRESS RELEASE – Dubai, United Arab Emirates, October 21st, 2024] SuiHub Dubai is the first in a global series of hubs designed to support blockchain developers and entrepreneurs. The center is located in Expo City Dubai, a key tech hub in the region, to foster collaboration and innovation. Ghaf Studios and Sui aim to provide...
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October 2024 Basket Index Weights

On 25 October 2024 at 04:00:05 UTC, BitMEX will update the Index Multipliers of basket indices.  The Index Multipliers will be scaled based on the Conditional Index Multipliers below to ensure that the index price has the same value as the previous Index Multipliers. Please refer to the respective index pages for the actual Index...
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Japanese Authorities Nab 18 Suspects in Historic Monero Transaction Investigation: Report

In a first for Japanese law enforcement, authorities have tracked and analyzed Monero (XMR) transactions to arrest 18 alleged scammers. Yuta Kobayashi, the 26-year-old suspected leader of the group, has been charged with laundering funds through Monero and engaging in computer fraud by exploiting stolen credit card details. Money Laundering Activities Through Monero According to...
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Bitcoin (BTC) $ 96,248.79 1.40%
Ethereum (ETH) $ 3,274.15 5.15%
Tether (USDT) $ 0.998562 0.49%
Solana (SOL) $ 244.74 2.82%
BNB (BNB) $ 612.20 0.52%
XRP (XRP) $ 1.11 1.51%
Dogecoin (DOGE) $ 0.381054 2.95%
USDC (USDC) $ 0.996392 0.55%
Lido Staked Ether (STETH) $ 3,275.11 5.16%
Cardano (ADA) $ 0.775939 7.31%