Author: CryptooTimes
Bitget CEO Gracy Chen said that as millions of Africans use Telegram, the rise of TON contributed to Bitget’s user growth in the region.
“PeerDAS is crucial to make sure L2s have more room for future throughput growth, so the sooner we ship it, the more certain we can be that we can support whatever throughput L2s might need over the next year,” Dietrichs told CoinDesk. “For now, we still have some room to go even before PeerDAS. So hopefully it won’t matter at all. Worst case, L2s will have slightly higher fees again for a few months while we wait for the second half of the Pectra fork.”
Crypto custodian BitGo plans to launch a dollar-backed stablecoin next year, offering rewards to liquidity providers. BitGo is set to launch a dollar-backed stablecoin dubbed USDS in January 2025, positioning it as the first “open-participation stablecoin” in the market. In a Sept. 18 post on X, BitGo said the stablecoin is “fully backed by short-duration T-bills, overnight repos, and cash, ensuring high liquidity and low risk with real-time proof of reserves.” Introducing $USDSThe first open-participation stablecoin to redefine financial freedom.Built on a foundation of transparency, USDS empowers the community by democratizing the stablecoin experience and putting the power back in…
BitMEX co-founder Arthur Hayes disclosed significant holdings in Ether, Ethena and Pendle, expressing confidence about the next ETH bull market.
Ethena’s USDe, which uses BTC and ETH as backing assets, combining them with equal-value short perpetual futures positions to generate yield, and DeFi platform Pendle’s BTC staking, which, as of last week, offering a floating yield of 45% stands to benefit as well, Hayes explained.
Google Cloud has launched an Ethereum-compatible Remote Procedure Call service to simplify blockchain development and provide a reliable way to interact with blockchain data. Announced on Sept. 17, Google Cloud’s latest offering allows decentralized applications to communicate with blockchain networks, starting with support for the Ethereum mainnet and testnets, offering a cost-effective alternative to managing node infrastructure. An RPC is a software protocol that enables one program to request a service from another program located on a different network. In blockchain, RPCs are crucial for DApps to interact with blockchain data, handling tasks like transaction validation, data retrieval, and node…
Bitstamp’s Bobby Zagotta said Ether ETFs came at a “burdened moment” for risk assets but was optimistic things would pick up at the end of the year.
“The main reason for launching USDS is that, while existing stablecoins serve a good function, we see an opportunity to create a more open and fair system that promotes innovation and, most importantly, rewards those who build the network,” CEO Mike Belshe said in an interview with CoinDesk before his keynote at Token2049. “A stablecoin’s true value comes from the people using it, the liquidity they provide, and the access points for interchange.”
Image: GKIDS / Toho Co., Ltd. / Wild BunchReleased a decade after his intended retirement, Hayao Miyazaki made The Boy and the Heron at 82 years old. The ambitious film treads familiar territory as a young boy goes on a journey to a brightly colored fantasy world where the living and the dead live in harmony (and there’s also an army of human-like parakeets). Set in 1940s Japan, the film centers 12-year-old Mahito, who has been mourning the death of his mother in a hospital fire after a Tokyo bombing raid by the Allies.Miyazaki confronts this devastating event in a…
SquidGrow price is down 18% since hitting a new high on September 15, with the 24-hour price fluctuating just above $0.028. The SquidGrow meme coin, which recently migrated its token from the Binance Smart Chain to a new contract on the Ethereum (ETH) network, fell sharply to lows of $0.025. The losses saw the SQGROW token touch its all-time low, with the price down 18% from its peak of $0.034 on Sept. 15. Although SquidGrow’s price remained negative over the past 24 hours at the time of writing, it signals a potential upside with a retest of $0.028. Can SquidGrow…
