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LBank Launchpad’s Next Big Thing: Is $UMM Your Second Chance after $PINS?


PRESS RELEASE. LBank is back in the spotlight with its second Launchpad project, MetaExpand, represented by its token, $UMM. The token $UMM will be distributed after the Launchpad ends on the 28th of this month and will be listed on LBank on the 29th. MetaExpand follows the trailblazing success...

Biggest Movers: SHIB Bears Snap 3-Day Win Streak, TON Profit Takers Swoop In


Shiba inu bears ended a three-day bull run on Thursday, as a red wave swept over cryptocurrency markets. Today’s drop comes as the global crypto market cap fell by as much as 1.50%. Toncoin also slipped, as profit takers moved to secure recent gains. Shiba Inu (SHIB) Shiba inu (SHIB) moved lower...

ZK-Rollup Coin Sector’s Value Plummets by 46% in 7 Months


At the outset of the year, cryptocurrency assets linked to the realm of ZK-rollups commanded significant attention. In February, the market capitalization of the ZK-rollup coin ecosystem reached a substantial $13.7 billion. However, the subsequent months witnessed a stark transformation, with...

Report: Bhutan Commences Plan to Develop 600-Megawatt Bitcoin Mining Farm


The Himalayan Kingdom of Bhutan along with its partner Bitdeer Technologies Group has reportedly kickstarted plans to develop a 600-megawatt crypto mining farm. Bitcoin mining in the kingdom is expected to “equip citizens to participate in the modern global economy from within Bhutan.”...

South Koreans Report Over $98 Billion in Overseas Crypto Assets


South Korean tax payers have declared some 131 trillion won (more than $98 billion) of crypto holdings in overseas accounts this year. The amount was announced by the country’s tax agency and it comes after the authorities in Seoul imposed a mandatory reporting requirement for financial assets held...

Global Debt Spikes to Record $307 Trillion Driven by US, Developed Nations


The world’s debt has surged to a record high level in the second quarter, according to the Institute of International Finance (IIF). The increase has also helped lift the global debt-to-GDP ratio which had been declining for seven quarters but is now projected to reach 337% by the end of this year....

Grayscale Files With SEC for Ethereum Futures ETF on NYSE Arca


The largest digital asset manager, Grayscale Investments, filed paperwork with the U.S. Securities and Exchange Commission (SEC) on September 19 for a new exchange-traded fund dedicated to ethereum (ETH) futures. The Grayscale Ethereum Futures Trust will hold ethereum futures contracts for...

Paypal Launches US Dollar-Denominated Stablecoin PYUSD on Venmo 


On Wednesday, the payment giant Paypal announced that the stablecoin PYUSD is now available on Venmo. Paypal detailed that the stablecoin asset will be available to select Venmo users and fully roll out for all users “in the coming weeks.” Paypal Stablecoin PYUSD Makes Its Way to Venmo...

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