CoinMarketCap: Read what our contributors have to say. This content is provided by the community. DYOR!
Weekly Article Recap: 9/23-9/27
Table of Contents
Market Musing-g

Weekly Article Recap: 9/23-9/27

BSCN
By BSCN
Created 6 months ago, last updated 6 months ago
3 mins read
Weekly Article Recap: 9/23-9/27

Recapping the Week in DeFi

As the DeFi and crypto space continues to evolve at a rapid pace, it's essential to stay informed 

about the latest developments and trends. Our weekly recap provides you with a concise yet comprehensive overview of the most significant news and trends in the DeFi and crypto space, helping you stay informed and up-to-date with the latest happenings.

Polymarket Considering Token Launch Amidst New $50M Fundraising Talks: Report

Polymarket, a blockchain-based prediction platform, is planning to launch its own token, according to The Information. The company is reportedly seeking to raise over $50 million in funding, with investors potentially receiving token warrants. The token could be used to enhance prediction markets and validate real-world events, marking a significant development in the crypto space post-2022 collapse.

Find details here

PayPal Opens Cryptocurrency Market to U.S. Business Accounts

On September 25, PayPal announced that U.S. business account holders can now buy, sell, hold, and transfer cryptocurrencies, broadening crypto access for millions of merchants. However, this feature is not available to merchants in New York.

Read the full story

Binance Introduces Exclusive Pre-Market Trading for Launchpool Tokens

Binance has introduced its Pre-Market Spot Trading service, developed with Binance Spot and Launchpool, enabling users to buy tokens before their official spot market listing. Unlike other exchanges that use derivatives, Binance offers actual tokens for trade during this phase, marking a first in the industry. The service aims to provide early access to Launchpool tokens, benefiting both users and token projects by extending token life cycles and offering early market entry.

Learn more in the article

Why Caroline Ellison Was Sentenced to Two Years in Prison

Caroline Ellison, ex-CEO of Alameda Research, was sentenced to two years in prison on Sept. 24 for her involvement in a massive financial fraud linked to the collapse of cryptocurrency exchange FTX. Ellison, who was a key figure in the downfall of FTX, testified against her former partner, Sam Bankman-Fried.

Read the full story

Celestia Foundation Raises $100M to Expand Modular Blockchain Ecosystem

Celestia Foundation has secured $100 million in a funding round led by Bain Capital Crypto, bringing its total raised capital to $155 million. Notable investors include Syncracy Capital, 1kx, Robot Ventures, and Placeholder. The funds will support Celestia's mission to enhance blockchain scalability through modular architecture, with a focus on scaling, data availability, and creating infrastructure to support real-world applications.

Find details in the article
0 likes
|

Other articles published on Oct 9, 2024

Market Musing-g

435 Trillion Shiba Inu (SHIB) Cluster: What Can Happen There?

Shiba Inu on verge of facing massive volume cluster than can affect volatility of asset
By U_Today
6 months ago
2 mins read
Market Musing-g

UAE Introduces VAT Exemption for Cryptocurrency Transfers and Conversions

The amendments clarify VAT provisions concerning virtual assets, defining them as digital representations of value that can be traded or converted for investment purposes.
By BSCN
6 months ago
2 mins read
Market Musing-g

Fed Rate Cut Boosts Appetite for Crypto, and These Coins Will Benefit Most

Fed Rate Cut Boosts Appetite for Crypto, and These Coins Will Benefit Most The post Fed Rate Cut Boosts Appetite for Crypto, and These Coins Will Benefit Most appeared first on TheCoinrise.com.
By TheCoinrise Media
6 months ago
5 mins read
Market Musing-g

Justin Sun receives 3.62M EIGEN; Deposits in Binance at $3.89

Tron founder Justin Sun received yet another big chunk of EIGEN tokens—3.62 million, worth about $14.1 million. This comes after he already received an $8.75 million airdrop from EigenLayer. Sun re...
By Coin Edition
6 months ago
2 mins read
Market Musing-g

Alameda Research Sells Over 1.5M WLD Coins as Worldcoin Aims for a Comeback

As the cryptocurrency market deals with short-term uncertainty, Worldcoin (WLD) has seen a sharp drop in price, leading to increased bearish sentiment. This mid-cap altcoin has a market cap that is...
By CoinPedia News
6 months ago
3 mins read
Market Musing-g

LEO Price Soars As Bitfinex Could Soon Reclaim BTC From 2016 Hack

The LEO price is up following the US government’s claims that the Bitfinex exchange is the sole entity eligible for compensation for the Bitcoin hack on the exchange in 2016. This has provided a bo...
By Coingape News Media
6 months ago

Join the thousands already learning crypto!

Join our free newsletter for daily crypto updates!