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🔔 MARKET MOVING NEWS! (21/10/24)
1️⃣ Stripe Acquires Stablecoin Platform Bridge For $1.1 Billion In Crypto's Largest Acquisition 💰
According to a recent tweet posted by TechCrunch founder Michael Arrington, the fintech company Stripe has finalised its acquisition of stablecoin platform Bridge in a $1.1 billion deal. Notably, this is its largest acquisition to date.
Bridge provides software tools that help companies accept payments in stablecoins. It had previously raised $40 million in a Series A round that valued the company at $200 million. The $1.1 billion acquisition deal therefore represents a large jump from the company's prior valuation. The acquisition comes less than two weeks after Stripe introduced stablecoin payments on its main payments’ user interface.
Source
2️⃣ Tapioca Offers $1M To ‘Social Engineering’ Attacker Who Stole $4.7M ‼️
The Tapioca Foundation has reportedly offered a $1 million bounty to an attacker who stole $4.7 million from its DeFi protocol in an alleged “social engineering attack” that targeted its pseudonymous co-founder “Rektora.” It acknowledged this was “significantly higher than the normal 10%” offered in bounties. According to the tweet, the attack compromised the ownership of the vesting contract for its Tapioca DAO Token (TAP) and the USDO stablecoin. The attacker was able to claim and sell vested TAP and “added a minter to infinite mint USDO and drain” a liquidity pool for USDO and USDC.
Source
3️⃣ Popular Crypto Influencer Jaypeg Accused Of Promotional Scam 🔍
Popular crypto influencer Jaypeg has been accused of orchestrating a promotional scam by the team behind a memecoin called Uptober. The team claims Jaypeg received project tokens to promote the project, sold them for approximately $2,200, and then denied ever receiving the funds. The influencer initially denied the allegations but later admitted to the claims along with an excuse. He claimed that the address was random and did not belong to him.
Onchain sleuth ZachXBT has since corroborated the team's claims through analysis of onchain data. ZachXBT revealed that the receiving address of the roughly $2,200 in Uptober tokens was the same address that claimed airdrops from the Solana Saga smartphone on Jan. 10, 2024, hours after Jaypeg posted a Solana Saga unboxing video and referenced the airdrops.
Source
4️⃣ Japan's DPP Leader Pledges 20% Tax Cap On Crypto Gains In Policy Pitch For Upcoming Election ⚡️
Yuichiro Tamaki, the leader of Japan’s Democratic Party for the People (DPP), has proposed a crypto tax plan that would lower the tax on crypto gains to 20% if he gets elected. Notably, this would bring crypto taxes on par with the taxes paid on profits from the stock market. However, the odds of the plan coming to fruition are slim since Tamaki’s DPP currently holds only seven of 465 seats in Japan’s House of Representatives.
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https://youtu.be/0IFKbvzISdI?si=zPkQO_PtcUgZvzJG
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https://youtu.be/7M2RqttqlFE?si=jUQpdJNY7sr5j7Ug
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🔔 MARKET MOVING NEWS! (20/10/24)
1️⃣ US Attorneys Push Biden to Help Free Binance Exec Held In Nigeria 🔍
A group of 18 state attorneys general have reportedly urged President Joe Biden to help secure the release of Tigran Gambaryan, the Binance executive who has been detained in Nigeria since February 2024. Notably, they asked Biden to designate Gambaryan as a hostage under the Robert Levinson Hostage Recovery and Hostage-Taking Accountability Act.
Source
2️⃣ Pump.Fun Planning To Launch A Token In The Future ⚡️
According to a recent X space hosted by Pump.Fun, the Solana-based memecoin exchange is launching a new advanced trading terminal and is "planning to launch a token in the future." The advanced trading terminal will reportedly include charts, top holder stats, advanced filters, live-updating threads, and other features designed to appeal to heavy users of pump.fun. The advanced platform will charge 0% fees for at least the first 30 days, with subsequent fees to be announced.
Addressing the token launch, the team stated,
We're going to make sure we're going to reward our earliest users. All the money we made so far is being reinvested back into the platform...we want to create something as big as Binance—bigger than that.
The new Lamborghini, Rolex, villa, and equity portfolios by early Bitcoin investors do not stem from an increase in the economy’s production potential; rather, they are financed by diminishing consumption and wealth of those who initially do not hold Bitcoin. Thus, 'missing out' on Bitcoin is not merely a lost opportunity for wealth accumulation, but means real impoverishment compared to a world without Bitcoin. This redistribution of wealth and purchasing power is unlikely to occur without detrimental consequences for society.
Next Week in Crypto: Key Events to Watch (Oct 21st-27th, 2024) 🗓
Get ready for another week packed with major conferences, project updates, and key economic data releases that could influence the crypto markets. From Cosmoverse to U.S. Initial Jobless Claims, here’s an overview of what you should have on your radar for the coming week.
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🪐 October 21-23 – Cosmoverse
Cosmoverse 2024 is set to be a hub for not only Cosmos enthusiasts but will also feature attendees from other major ecosystems like Solana, Polygon, and Bitcoin. The event will focus on advancements in interoperability, modular blockchains, and cross-chain solutions, with insights from leading projects across the crypto space. If you're attending, be sure to watch out for Nic and Guy from Coin Bureau—it’s a great opportunity to meet them in person!
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🌍 October 23 – Worldcoin Token Migration Deadline
Worldcoin, co-founded by OpenAI’s Sam Altman, asks users to move their WLD tokens from the Optimism network to World Chain by October 23. If you hold WLD, be sure to migrate your tokens before the deadline hits.
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🎙 October 23-24 – Cardano Summit
At the Cardano Summit 2024, Charles Hoskinson will outline his vision for Cardano’s next 10 years, focusing on the network's move to full decentralised governance. This event marks a major milestone, with discussions about the Cardano Constitution, which will shape how the ecosystem is governed moving forward. If you hold ADA, be sure to keep an eye on this one!
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📊 October 24 – Initial Jobless Claims (U.S.)
With last week's U.S. economic data largely aligning with expectations, markets are firmly pricing in a 25 basis point rate cut at the next Fed meeting, despite a recent modest rise in inflation.
The upcoming Initial Jobless Claims could further strengthen this outlook. If claims come in higher than expected, it would suggest weakness in the job market, reinforcing the case for rate cuts, which would be bullish for crypto and broader markets. Conversely, lower claims would indicate labour market strength, potentially reducing the need for a cut. However, unless jobless claims are significantly below expectations, this is unlikely to alter the current odds of a November cut.
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That wraps up the key events for the week ahead. Keep these dates on your radar, and we’ll be back with more insights in the next weekly update!
🚨New Video Alert!! 🚨
Ever wondered what crypto regulation looks like around the world? Well, you’re not alone. As you can imagine, regulation looks very different depending on your jurisdiction.
Obviously, we need to see effective crypto regulations if we want the crypto industry to succeed. However, it seems that no two countries have the same idea of what this regulatory framework should look like.
This was covered in a recent report by Elliptic, which explains the regulatory progress of different countries around the world. Naturally, we saw this report and knew we had to break it down for you, our wonderful Coin Bureau viewers.
Don’t forget to punch that like button on the way in!
🔥 Rally Report 🔥
WORLDCOIN
The price of WLD has rallied by 13% in the past 24 hours.
WHY?!
📈 The rally follows Worldcoin’s recent rebranding and launch of new services.
‼️ The project also announced the mainnet launch of its Ethereum layer-2 blockchain called World Chain. The newly launched services include World Apps 3.0 (a super app platform) and World ID 3.0 (a platform that allows you to use credentials verified by the Orb).
If you want to buy or trade WLD, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
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Looking for a Blofin guide?! 👇
🔍 https://www.coinbureau.com/review/blofin-review/
🔥 Rally Report 🔥
DOGECOIN
The price of DOGE has rallied by 9% in the past 24 hours.
WHY?!
🕯 The rally is likely led by speculative trading activity from crypto whales.
❓ The market is likely reacting to Elon Musk’s recent talk about his plans for the proposed “Department of Government Efficiency” (D.O.G.E) at a Pennsylvania town hall yesterday.
If you want to buy or trade DOGE, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
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Looking for a Blofin guide?! 👇
🔍 https://www.coinbureau.com/review/blofin-review/
🚨New Video Alert!!🚨
Liquidity. It’s been a buzzword in crypto these days, and many believe that it perfectly predicts the price action of coins and tokens. While this may be true, it scratches the surface of what’s really going on.
A recent report by Lyn Alden, one of the best macro analysts, unpacks when liquidity works and when it doesn’t work as an indicator. Obviously, right now it works, which is why everyone is talking about it.
As the crypto market evolves, however, liquidity will become less important, and this could leave crypto traders offsides if they don’t know how to pivot to the other, more important on-chain indicators.
If you want to exit the crypto market in profit, this is a video you need to watch…
🔔 MARKET MOVING NEWS! (17/10/24)
1️⃣ Radiant Capital Halts Lending After Exploit ▶️
Omnichain lending protocol Radiant Capital has reportedly lost more than $50 million worth of crypto assets after an attacker seized control of its smart contracts by obtaining three of the "private keys" that control the protocol’s multisignature wallet. The exploit has so far affected the Radiant Lending markets on Binance Chain and Arbitrum. The team has since announced that markets on Base and Mainnet are paused until further notice.
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2️⃣ Italy to Raise Capital Gains Tax on Bitcoin to 42% From 26% 💸
According to a Bloomberg report, Italy plans to raise the capital gains tax on Bitcoin and other cryptocurrencies to 42% from 26%. That’s a nearly 62% increase from the current rate. Deputy Minister of Economy Maurizio Leo disclosed the move during a press conference on the country’s budget for 2025. He claims the Italian cabinet made the decision because the “phenomenon is spreading." He also stated the measure is part of a broader effort to generate additional revenue to support families, young people, and businesses.
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3️⃣ Cryptocurrency Activity And Usage At All-Time High: a16z 📈
According to VC firm a16z’s latest annual “State of Crypto” report, crypto activity and usage are at an all-time high this year. The report highlights a dramatic increase in blockchain activity, with 220 million addresses interacting on-chain at least once in September, triple the number in late 2023. This year also saw the highest number of mobile wallet users, with the United States comprising 12% of global users. The report highlights the broader adoption of stablecoins as one of the key drivers behind this growth.
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4️⃣ Florida Man Sentenced to 20 Years in Prison Over Crypto Ponzi Scheme ‼️
Juan Tacuri, a senior promoter of the global cryptocurrency Ponzi scheme Forcount, has reportedly been sentenced to 20 years in prison by a federal court in New York. The U.S. Attorney’s Office for the Southern District of New York said that Tacuri, who actively targeted Spanish-speaking communities, played a key role in defrauding thousands of victims across the globe.
U.S. Attorney Damian Williams stated,
Juan Tacuri may have claimed to be involved in cutting-edge cryptocurrency investing, but in reality, he was running one of the oldest tricks in the book: a Ponzi scheme. Tacuri was one of the most prolific promoters of the Forcount Ponzi scheme, taking in millions of dollars from working-class victims. Instead of using victims’ funds as promised, he instead spent it on himself. Today’s sentence should serve as a stark reminder that, in the long run, fraud does not pay.
https://youtu.be/Yp2XtzFkwso?si=1At9_Do07nFacF0O
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According to a recent SEC filing, Grayscale Investments is looking to convert its current Digital Large Cap Fund into an exchange-traded fund (ETF). Notably, the Grayscale Digital Large Cap Fund is a multi-token fund that tracks the CoinDesk Large Cap Select Index which measures the market cap-weighted performance of five of the largest cryptocurrencies, including BTC, ETH, SOL, XRP, and AVAX. The request to the U.S. Securities and Exchange Commission (SEC) was made by The New York Stock Exchange on behalf of Grayscale.
Source
🔥 Rally Report 🔥
DOGECOIN
The price of DOGE has rallied by 8% in the past 24 hours.
WHY?!
📈 The rally could likely be from memecoin traders on Ethereum turning their attention towards older blue-chip memecoin projects.
🧐 One possible catalyst could be crypto asset manager Grayscale’s inclusion of DOGE in a list of 35 altcoins that are “under consideration” for future investment products. Another catalyst could be speculation surrounding DOGE supporter Elon Musk’s role in the upcoming U.S. Presidential election.
If you want to buy or trade DOGE, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
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Looking for a Blofin guide?! 👇
🔍 https://www.coinbureau.com/review/blofin-review/
🚨New Video Alert!! 🚨
Restaking is a new crypto primitive that could change the crypto market forever. It should come as no surprise then that Eigenlayer has been viewed with lots of speculation, including its EIGEN token.
What is surprising is just how much this new crypto protocol could affect Ethereum in the short term and long term. This has kept Ethereum Foundation researchers close to the point of controversy.
With the EIGEN token finally launching, everyone is wondering whether Eigenlayer’s innovation could turn into price action. It all depends on a factor that’s not obvious at first glance.
This is a video you can’t miss!
🔥 Rally Report 🔥
FIRST NEIRO ON ETHEREUM
The price of NEIRO has rallied by 12% in the past 24 hours.
WHY?!
📈 Part of a larger rally seen among memecoins.
🐳 Most of the price action for NEIRO seems to be driven by whale activity. On-chain analytics provider SpotOnChain noted that liquidity provider GSR Markets recently bought 40.4 million NEIRO on Ethereum. Notably, this represents roughly 4% of the meme coin’s circulating supply.
If you want to buy or trade NEIRO, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
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Looking for a Blofin guide?! 👇
🔍 https://www.coinbureau.com/review/blofin-review/
🔥 Rally Report 🔥
DYDX
The price of DYDX has rallied by 17% in the past 24 hours.
WHY?!
🕯 The rally follows speculation about potential bullish announcements being made during the dYdX Day at the Cosmoverse crypto conference in Dubai.
🎙 Notably, dYdX Foundation CEO Charles d'Haussy made a tweet yesterday hyping the conference.
If you want to buy or trade DYDX, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
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Looking for a Blofin guide?! 👇
🔍 https://www.coinbureau.com/review/blofin-review/
If you're serious about staying on top of the latest Bitcoin moves, you need to check out this video by Aaron from the Coin Bureau Trading channel! He breaks down the recent bullish momentum and explains why a pullback might actually be a great opportunity for future gains.
Aaron goes in-depth on bull flags, liquidation levels, and key market indicators, giving you the tools to make smarter trading decisions.
While you're there, make sure to subscribe to the Coin Bureau Trading channel for more expert insights and strategies. Aaron’s analysis is always top-notch!
🚨New Video Alert!!🚨
Who really controls the world? We all know about asset managers, central banks, governments, and the elite – those who seem to shape global events. But this raises an even bigger question: Who controls them?
It turns out, the answer might just be the United Nations (UN). As the de facto global government, the UN has been pulling the strings for quite some time. Recently, the UN’s General Assembly held its annual summit, and it revealed some seriously dystopian ideologies.
Today, we’ll be telling you everything you need to know about the UN’s “Summit for the Future”, and tell you what could come next. Enjoy!!
🔥 Rally Report 🔥
APECOIN
The price of APE has rallied by 77% in the past 24 hours.
WHY?!
‼️ The rally comes after the launch of the official bridge to the ApeChain.
💰 Bridged assets such as ETH, APE and select stablecoins will reportedly earn native yield on the chain.
If you want to buy or trade APE, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
🔗 https://www.coinbureau.com/deals/trading/blofin-cb/
Looking for a Blofin guide?! 👇
🔍 https://www.coinbureau.com/review/blofin-review/
https://youtu.be/UDXwfem8e3U?si=3SWhEQgkADZptTqq
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🔔 MARKET MOVING NEWS! (19/10/24)
1️⃣ Scammer Gets 5 Years in Prison After Swiping $20 Million via Fake Coinbase Websites ❌
A U.S. federal judge has sentenced Chirag Tomar, an Indian national, to five years in prison for creating fake versions of the Coinbase website to defraud users of the real platform. According to court filings, Tomar stole more than $20 million from duped Coinbase customers. The funds were typically drained by stealing users’ login credentials and authentication information. However, in some cases, the hackers would imitate customer service representatives who convinced the victims to allow them remote access to their computers.
Source
2️⃣ BlackRock Seeks Bigger Foothold in Crypto Derivatives Market ▶️
Asset manager BlackRock and its brokerage partner Securitize are reportedly in early talks with cryptocurrency exchanges Binance, OKX and Deribit to use its BUIDL token as collateral for derivatives trades. The report reveals that crypto prime brokers FalconX and Hidden Road already allow the use of BUIDL as collateral among their clients, which include hedge funds. This move would see BUIDL compete with stablecoins such as USDT which are largely used as collateral for crypto derivatives trading.
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3️⃣ Freedom Factory Unveils ethOS Mobile Hardware For Ethereum Ecosystem ⚡️
Freedom Factory, the team behind the ethOS operating system, has announced the launch of the dGEN1 – a mobile on-chain device used to interact with Web3 applications, DeFi protocols, and to sign transactions on Ethereum. The device will feature ethOS and a built-in web browser, touch screen, audio speaker, and a separate screen that displays transaction metadata. It will also feature a light node client on the device, meaning prospective users will not have to rely on third-party RPC nodes to interact with the blockchain. Ironically, dGen1 does not appear to have telecommunication capabilities. It’s set to ship in Spring 2025.
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4️⃣ Radiant Capital Hacker Compromised Developers’ Devices: Post-Mortem 🔍
According to a post-mortem report published by Radiant Capital, the attacker behind its recent $50 million exploit, compromised the devices of three of its long-standing developers through a “sophisticated malware injection” used to sign malicious transactions. The team claimed the devices were compromised in such a way that the front end of Safe{Wallet} displayed legitimate transaction data while malicious transactions were signed and executed in the background. The team also stated that they “believe this was one of the most sophisticated hacks ever recorded in DeFi” and that “many protocols are at risk”.
Source
5️⃣ 'Let Him Come Home': Jailed Binance Exec’s Trial Postponed Due to Illness 🧐
Tigran Gambaryan, the Binance executive jailed in Nigeria, reportedly could not attend a Nigerian court hearing on Friday due to his poor health. The trial has since been postponed to next Friday. Gambaryan’s family has been fighting desperately for his release as his health continues to deteriorate in prison due to a lack of medical attention. Gambaryan’s request for bail on “medical grounds” was denied last week, despite his family claiming that he met “all the requirements for bail.”
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6️⃣ NYSE, Cboe Win SEC Approval for Bitcoin ETF Options 💸
The U.S. Securities and Exchange Commission (SEC) has reportedly given NYSE American LLC and Cboe Exchange, Inc. the green light to list and trade options on multiple spot bitcoin exchange-traded funds. According to two memos from the SEC, NYSE will be allowed to list and trade options on the Grayscale Bitcoin Trust (GBTC), the Grayscale Bitcoin Mini Trust (BTC) and the Bitwise Bitcoin ETF (BITB) while Cboe Global Markets will be allowed to list and trade options on the Fidelity Wise Origin Bitcoin Fund (FBTC) and the ARK 21Shares Bitcoin ETF (ARKB).
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🔔 MARKET MOVING NEWS! (18/10/24)
1️⃣ EigenLayer X Account Compromised, Shares Malicious Airdrop Link ❓
The X account of Ethereum restaking protocol Eigenlayer was reportedly compromised earlier today. Hackers posted a fake airdrop campaign that redirected users to a malicious link unrelated to the restaking protocol. Despite the initial post being deleted within minutes, the account has continued displaying malicious links. Notably, the compromise of its X account comes just days after the project’s recent controversy surrounding the “unapproved selling activity” of $5.7 million worth of EIGEN tokens.
Source
2️⃣ Crypto Exchange Kraken Launches Wrapped Bitcoin Token kBTC 💸
Crypto exchange Kraken has announced the launch of its own wrapped bitcoin (BTC) token, kBTC. A company spokesperson revealed that the token will be backed 1:1 with BTC and be available on both Ethereum and OP Mainnet. The BTC reserves backing kBTC will be custodied by Kraken Financial in a segregated wallet. The address of this wallet will be made public so that customers can see the kBTC is in full reserve.
Mark Greenberg, Kraken's global head of asset growth and management stated,
We believe in an on-chain future and DeFi represents a key part of that opportunity. kBTC relies on Kraken's long history of seamless UX and top-of-the-range security, bringing DeFi to new users and accelerating the adoption of decentralised applications.
As the scale of the project grows along with the importance of World ID’s proof of human protocol, the name 'Worldcoin' no longer encapsulates the mission of the project, to accelerate every human. With its three key pillars (World Chain, World ID and Worldcoin), World is truly a network of real, verified humans built to enable an optimistic future in which humans will continue to be at the center of AI progress.
His role was far more limited than any other defendant. He does not minimize his conduct; he pled guilty to serious crimes at the outset of this case and will regret his actions for the rest of his life. But his sentence should recognize that Nishad did not join the conspiracy at the heart of this case – the theft of FTX customer funds – until September 2022, just two months before the collapse of FTX.
🔥 Rally Report 🔥
FTX TOKEN
The price of FTT has rallied by 14% in the past 24 hours.
WHY?!
📈 The rally is likely driven by speculative trading activity.
🕯 Many investors now treat FTT to be a memecoin. Coincidentally, almost every token that has rallied today within the top 500 coins by market capitalisation is a memecoin.
If you want to buy or trade FTT, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
🔗 https://www.coinbureau.com/deals/trading/blofin-cb/
Looking for a Blofin guide?! 👇
🔍 https://www.coinbureau.com/review/blofin-review/
🚨New Video Alert!! 🚨
Quantum Computers have an insane level of power - and yet, the technology seems to be slipping under the radar. This is crazy when you realise that quantum computing has the potential to crack the encryption code that’s used to protect personal information, like emails, banking information, and even cryptocurrencies.
Recently, QuEra - a market leader in quantum computing technology - sent a survey out to more than 900 people with some level of professional interest in quantum computing, and the results reveal a lot about where this technology is heading.
Today, we’ll break down the survey report published by QuEra, and tell you what it could all mean for the future of quantum computing.
Enjoy!
🔔 MARKET MOVING NEWS! (16/10/24)
1️⃣ Paxos Debuts New Stablecoin Payment Platform With Stripe ☄️
Stablecoin issuer Paxos has announced the launch of a new stablecoin payments platform targeting payment service providers (PSP) and fintech companies that want to enable stablecoin payments. The new stablecoin payments platform lets providers leverage a complete solution stack for onboarding, pay-ins, conversions, and pay-outs. Stripe, a global payment processing company, is reportedly the first PSP to integrate Paxos’ stablecoin payments platform into its system.
Stripe's Head of Crypto, John Egan stated,
We’re always looking for ways to make it easier and cheaper for businesses to accept payments from their customers worldwide. Partnering with Paxos, we’re excited to enable stablecoin payments for our users with our Pay with Crypto product.
Canary believes that Litecoin presents a unique and compelling opportunity for investors seeking exposure to a time-tested and reliable cryptocurrency. As one of the longest-running blockchains with 100% uptime since its inception, Litecoin has demonstrated a proven track record of security and reliability with significant enterprise-grade use cases.
https://youtu.be/7J8VV6LZA_k?si=j-L3BTXlsv1UmneS
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🔔 MARKET MOVING NEWS! (15/10/24)
1️⃣ Sui Foundation Disputes $400 Million Insider Selling Allegation Amid Token’s Price Surge 🕯
The recent price rally of SUI has sparked allegations of insider selling. One social media user claims that nearly $400 million worth of SUI tokens were offloaded during the recent price surge. Specifically, the user claims that wallets associated with the SUI initial coin offering (ICO), including what is alleged to be a large foundation wallet, were engaged in selling activity.
The Sui Foundation has refuted these allegations, stating on Monday that no such activity had occurred from someone within the foundation or its core contributor, Mysten Labs. It speculated that the wallet which sold $400 million worth of SUI was likely owned by an “infrastructure partner” under a lock-up schedule. The sales are reportedly in compliance with the respective lockup schedule.
Source
2️⃣ Bitcoin and Ethereum Price Charts Have Disappeared From Google Search Results ❓
Search engine service Google Search has reportedly stopped displaying price charts for Bitcoin and other cryptocurrencies in its search results. While users can still access these charts through Google Finance, X users noted that searching for Bitcoin's price no longer produces a chart in the search results. Interestingly, it appears that searching for “DOGE” still shows Dogecoin’s price chart. The same is true for stock price searches. The feature showing Ethereum Name Service (ENS) address balances is also still functional. It remains unclear what prompted the change for other crypto price charts.
Source
3️⃣ Tether Mulls Lending to Commodity Traders ☄️
According to a recent Bloomberg report, stablecoin issuer Tether is exploring the potential for it to play a role in mainstream commodities trades. Specifically, Tether Holdings Ltd is considering lending to commodities trading companies, which rely heavily on credit to finance international shipments of commodities such as oil and precious metals.
In an interview with Bloomberg News, Tether Chief Executive Officer Paolo Ardoino confirmed the news. He stated,
We likely are not going to disclose how much we intend to invest in commodity trading. We are still defining the strategy. We are interested in exploring different commodity trading possibilities.