DeepNewz

DeFi
Circle Launches New Web3 Developer Tools for Arbitrum
Circle has launched a new suite of developer tools for Arbitrum, enhancing the capabilities for developers building on the Arbitrum One platform

DeFi
DEX Wars Intensify: CoW Swap Gains 24% Ethereum Market Share, Uniswap Falls to 36%
CoW Swap has significantly increased its market share in the decentralized exchange (DEX) space, now handling 24% of all trade volume on Ethereum

DeFi
Eigen Labs Introduces Security Model, Partners with Nuffle Labs for Nuff Protocol Beyond Ethereum L1
Eigen Labs has introduced the EigenLayer Security Model, a novel approach to operating and securing decentralized services

Blockchains
CleanSpark Acquires 7 Bitcoin Mining Facilities in Tennessee for Up to $30 Million
CleanSpark Inc. has announced the acquisition of seven Bitcoin mining facilities in Tennessee for a total of $27.5 million.

NFTs & Web3
India Leads Global Crypto Adoption for Second Year, Chainalysis Report Cited by Reuters
India has emerged as the global leader in cryptocurrency adoption for the second consecutive year, according to a report by Chainalysis

Markets
Jefferies Report: Bitcoin Mining Profitability Declines in August Amid Price Drop and Increased Difficulty
Bitcoin mining profitability saw a significant decline in August compared to July, according to a report by Jefferies investment bank

Regulation & Politics
UK Parliament Passes Bill Recognizing Cryptocurrencies and NFTs as Personal Property
The United Kingdom has introduced and passed a new bill that recognizes cryptocurrencies, NFTs, and other digital assets as personal property

Markets
Bitcoin Shows Bullish Signs with $130k Target and 1-Hour Trend Flip
Bitcoin is showing signs of a potential bullish trend, with market analysts predicting significant price increases

TradFi & Fintech
$800 Billion Standard Chartered Launches Bitcoin and Crypto Custody Services in UAE
Standard Chartered, a $800 billion multinational banking giant, has launched a Bitcoin and crypto custody service in the United Arab Emirates (UAE)

CeFi
Indonesian Crypto Exchange Indodax Hacked for Over $22 Million, Goes Offline
Indonesian cryptocurrency exchange Indodax suffered a major security breach on the evening of September 10, 2024, resulting in the theft of over $22 million worth of various tokens





