🔔 Cardano shifts to decentralized governance as Chang hard fork goes live

◾️Cardano has completed the first stage of its Chang hard fork, making it the first major blockchain to switch from centralized governance to a token-based decentralized system.

💰Cardano (ADA) Overview:

• Current Price: $0.3303
• Market Cap: $11.78B
• Total Supply: 45B
• Circulating Supply: 35.65B
• All-Time High: $3.09 (Sep 02, 2021)

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⬆️ Pump{.}Fun sets record as fastest growing crypto app by revenue: $100M in just 217 days

◾️Pump{.}fun, a launchpad for meme coins, has reached $100 million in revenue in just over seven months, making it the fastest-growing protocol by revenue growth in the cryptocurrency ecosystem.

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🔔 Former Mt. Gox CEO to launch new crypto exchange this month

◾️Mark Karpeles, the former CEO of Mt. Gox, announced that his new crypto exchange will launch in Europe this month, with a focus on transparency and user-friendliness.

◾️Mt. Gox, founded in 2010, was once the largest bitcoin exchange in the world. However, in 2014, it was hacked, leading to the loss of at least 850,000 BTC.

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🔔 96% of NFTs declared dead in 2024, report reveals

◾️NFT Evening reports that 96% of NFTs are now considered "dead."

◾️About 43% of NFT owners are losing money, with an average loss of 44.5%.

◾️The average lifespan of NFTs is only 1.14 years, which is 2.5 times shorter than traditional crypto projects.

◾️2023 saw the most NFT deaths, with nearly one-third of NFTs becoming "dead" that year.

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🔔 Uniswap Labs settles with US CFTC for $175,000 over derivatives trading charges

◾️The U.S. Commodity Futures Trading Commission filed and settled charges against Uniswap Labs for $175,000 in connection to the firm's offering of "illegal digital asset derivatives trading."

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🪂 EigenLayer launches season 2 'Stakedrop,' set to distribute 86 million EIGEN tokens

◾️The distribution targets participants active between March 15 and August 15 and is set to begin on or before September 17, 2024.

◾️Additionally, the platform's TVL experienced a significant decline, dropping from $20.1 billion in June to $11.5 billion.

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🔔 Binance CEO Richard Teng confirms CZ is banned from managing or operating the exchange

◾️Richard Teng confirmed that CZ was given a lifetime ban from managing the platform, which was a key part of the agreement between Binance and US authorities.

◾️Teng also mentioned that despite stepping down as CEO, CZ remains Binance's largest shareholder. This allows him to still influence certain company decisions, such as proposing management changes or appointing new board members.

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🔔 Ethereum stablecoin volume hits record $1.46 trillion as DeFi demand surges

◾️Stablecoin volumes have more than doubled from $650 billion at the start of the year.

◾️DAI is leading the charge with a staggering $960 million in volume.

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🇮🇳 India leads in crypto adoption for second straight year

◾️Out of 151 countries, India ranked the highest in Chainalysis' global crypto adoption index, ahead of countries like Nigeria, Indonesia, the U.S., and Vietnam.

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🔔 Coinbase Launches 'cbBTC' Wrapped Bitcoin Digital Asset

◾️Coinbase Wrapped BTC – An ERC-20 token backed 1:1 by Bitcoin (BTC) held by Coinbase.

◾️cbBTC will be supported on Base and Ethereum, with plans to expand to additional chains.

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🔔 Binance announces the 58th project on Binance Launchpool - Hamster Kombat (HMSTR)

◾️Users will be able to lock their BNB and FDUSD to receive HMSTR Airdrops over a period of seven days, with farming starting from September 19, 00:00 (UTC).

▶️ Listing: 26th September at 12:00 (UTC)

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🔔 Donald Trump to launch World Liberty Financial crypto platform on Sept. 16

◾️The project aims to move away from traditional banking by embracing cryptocurrencies.

“Embracing the future with crypto and leaving slow and outdated big banks behind,” he said.

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🔔 Binance announces the 59th project on Binance Launchpool - Catizen (CATI)

◾️Users will be able to lock their BNB and FDUSD to receive CATI Airdrops over four days, with farming starting from September 16, at 00:00 (UTC).

▶️ Listing: 20th September at 12:00 (UTC)

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💰 MicroStrategy acquires 18,300 Bitcoin, now holds 244,800 BTC

◾️MicroStrategy acquired 18,300 BTC at an average price of $60,408 between August 6 and September 12, totaling approximately $1.11 billion.

◾️As of September 12, 2024, the company holds 244,800 BTC, worth approximately $9.45 billion, with an average purchase price of around $38,585.

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📣 Binance Founder CZ to be released on September 29, According to Federal Bureau of Prisons website

◾️The official website shows that 47-year-old Changpeng Zhao, an Asian man, will be released on September 29, 2024.

◾️His registration number is 88087-510.

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💰 MicroStrategy to raise $700 million to buy more Bitcoin

◾️MicroStrategy currently holds 244,800 BTC.

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📱Solana launches its second crypto smartphone, 'Seeker'

◾️Solana Mobile's latest crypto smartphone, "Seeker," has emerged from stealth, with over 140,000 presales already reached.

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