DeepNewz
Blockchains
Fuel Labs Launches Ignition Rollup Network, Mainnet Live with 21K TPS
Fuel Labs has launched 'Ignition', a new rollup network with a focus on parallelization and a UTXO-based model
Markets
Bitcoin Volatility Triggers $300 Million in Liquidations, $63 Million in Long Positions, as Price Rebounds to $68,000
The cryptocurrency market experienced significant volatility, with Bitcoin at the center of the action
DeFi
Binance Labs Invests in Lombard's LBTC, Capturing 40% of Bitcoin LST Market
Binance Labs has announced an investment in Lombard, the developer of the Bitcoin DeFi project LBTC
Blockchains
U.S. Bitcoin Miners Reach 29% Global Hashrate with 66% Supermajority, JPMorgan Reports
U.S.-listed Bitcoin miners have reached a new milestone, accounting for 29% of the global Bitcoin network hashrate
DeFi
Sei Network Launches FastUSD Stablecoin with Elixir and DragonSwap DEX Integration
The Sei Network has officially launched fastUSD, a yield-bearing stablecoin integrated with Elixir and DragonSwap DEX
DeFi
Solv Protocol Gains Backing from 4R Capital and OKX Ventures, Enhances Bitcoin Staking Liquidity with LSTs and 50XP Rewards
Solv Protocol is gaining traction in the cryptocurrency space, with notable support from various entities
Markets
Standard Chartered Predicts Bitcoin Could Reach $73,800 Before U.S. Presidential Election, Valued at $800 Billion
Standard Chartered has forecasted that Bitcoin could potentially reach a new all-time high of $73,800
Infrastructure
Paxos Partners with Stripe to Launch Stablecoin Payment Platform on October 15 Amid Cooling S&P 500 and Dow Trends
Paxos has announced a partnership with Stripe to launch a stablecoin payment platform, marking a significant development in the cryptocurrency space
Markets
Memecoins Could See 5x Growth, Reaching $700 Billion Amid Market Optimism
The current market capitalization of memecoins stands at $58 billion, a significant drop from their peak of $140 billion in the last cycle
DeFi
ZeroLend Nears $250M TVL, Spark Deploys $25M USDS to Aave, Sky's D3M Module Active
ZeroLend's @LineaBuild market is nearing $250 million in Total Value Locked (TVL), allowing users to supply or borrow more than 15 assets with competitive Annual Percentage Rates (APRs) and emissions
