#september
132 articles found
Latest
Tether's Silent Bitcoin Buying Spree
In a low-key yet significant move, Tether, the company behind USDT stablecoin, added 8,888.88 BTC (approximately $380 million) to its reserves in the previous quarter. This acquisition increased its Bitcoin stash to a hefty 66,465 BTC, valued at $2.8 billion, adhering to its policy of monthly Bitcoin purchases since September 2022. Ukraine's Crypto Future: Expert Predictions and Analysis
On September 29, GNcrypto journalists participated in an online panel discussion titled “European Regulation of the Cryptocurrency Market: Implementation in Ukraine”. Let’s explore the prospects of implementing the European set of cryptocurrency regulation rules, MiCA, in Ukraine. Treasure Considers Switching to ZKsync
Treasure DAO, which is set to launch its own gaming network, is considering migrating to the Layer 2 blockchain ZKsync instead of Arbitrum, citing a more suitable infrastructure for decentralized games. A vote is scheduled for September 17 to allow users time to discuss the proposal. 
TeraWulf to Launch New Bitcoin Mining Facility
TeraWulf, a mining company, is set to launch a new Bitcoin mining facility named WULF Den by the end of September 2024. This facility will be equipped with a liquid cooling system and will deliver a minimum of 2 MW of power, substantially increasing the company's total output. 
Trading Volumes Hit Annual Lows in September
With $549 billion, September recorded the lowest trading volume of the year for Bitcoin futures. The list of leaders comprises:
Binance with $247 billion in trades
OKX with $95 billion
ByBit accounting for $75 billion
Bitget recording $68 billion
On another note, DEX platforms also set an annual low with a trading volume of $32 billion.With $549 billion, September recorded the lowest trading volume of the year for Bitcoin futures.The list of leaders comprises:
Binance with $247 billion in trades
OKX with $95 billion
ByBit accounting for $75 billion
Bitget recording $68 billion
On another note, DEX platforms also set an annual low with a trading volume of $32 billion. 
Dapper Labs Under SEC's Secret Scrutiny
The Securities and Exchange Commission (SEC) of the United States secretly investigated Dapper Labs, known for its NFT initiatives, concluding its probe on September 29, 2023. Fortune, an American business publication, disclosed this based on an internal agency document. Manta Enters Top 10 TVL Ranking
Manta, a modular L1 blockchain launched in September 2023, has clinched the 9th position in the list of top projects by Total Value Locked (TVL). With $468 million, it has outperformed rivals such as Sui, Cardano, and Base. Despite this achievement, the trading activity on its DEX remains relatively low ($4.6 million). 