Onchain Collateral Unlocks Better Crypto Loan Terms
Lenders increasingly prefer onchain crypto assets over ETFs as collateral for loans. This preference, highlighted by Sygnum CIO Fabian Dori, offers borrowers advantages like higher Loan-to-Value (LTV) ratios due to the superior liquidity and real-time liquidation capabilities of onchain assets.
Utilizing onchain collateral can provide borrowers with access to more credit, faster processing, and potentially more favorable interest rates. The sector is experiencing growth and adoption by traditional finance institutions.
https://cryptovka.ru/en/news/4770/unlock-superior-crypto-loan-terms-the-power-of-onchain-collateral
Web3 White Hats: Lucrative Bounties in Cybersecurity
Ethical hackers, or "white hats," are earning millions in Web3 by discovering vulnerabilities in decentralized protocols. Platforms like Immunefi facilitate these payouts, with over $120 million distributed to date. Thirty researchers have achieved millionaire status through their work.
The stakes are high, with a $10 million bounty paid for a critical flaw in Wormhole's bridge. While early DeFi saw contract bugs, current threats include social engineering and compromised keys. Cross-chain bridges remain lucrative targets.
Despite evolving threats, Web3 security offers autonomy and rewards directly tied to impact, making it a vital career path.
Web3's Mass Adoption Hinges on Web2 Integration
Web3 enthusiasts often debate whether to replace Web2 entirely. However, a wholesale shift is impractical and risks hindering Web3's mainstream adoption. Instead, a collaborative approach is crucial.
Web3 remains complex for the average user, leading to a lack of trust. Integrating with familiar Web2 platforms offers a bridge to mass adoption. Major players like PayPal, Visa, and Google Cloud are already incorporating Web3, demonstrating the power of this hybrid future.
Web3 developers should prioritize user experience and clearly articulate the value proposition to Web2 organizations. Demonstrating practical advantages, such as immutable data tracking for AI training, will drive adoption. Ultimately, companies succeed by solving problems, not by adhering to labels. Leveraging Web2 infrastructure and user habits is key for Web3's widespread success.
Crypto Powers 'Twerk From Home': Revolutionizing Entertainment and Empowering Dancers
A new initiative, Twerk From Home (TFH), aims to professionalize exotic dancing, leveraging cryptocurrency to address industry challenges. Co-founder Joe Mahavuthivanij envisions TFH as a platform that includes webcam-based "twerk-offs" with a $10,000 grand prize.
Crypto is integral to TFH's model: viewers purchase "gifts" for dancers with crypto, with 100% of proceeds going directly to performers. The platform also allows crypto betting on tournament outcomes via Bet105 and offers dancers payment in cryptocurrency. This combats "debanking," a significant issue for exotic dancers.
Mahavuthivanij compares TFH's legitimacy goals to the UFC's. While initially reliant on audience voting, TFH plans to incorporate expert commentary to enhance objectivity and appreciation of skill. The initiative seeks to combat social stigma and financial exclusion, showcasing crypto's potential for economic empowerment in marginalized communities.
Bitcoin Eyes New All-Time Highs After Closing Key Futures Gap
Bitcoin has successfully closed a significant CME futures gap, a technical signal that analysts believe could propel BTC towards new all-time highs (ATHs) within weeks.
Investor Ted Pillows noted that reclaiming the $117,320 level is crucial. Meanwhile, Keith Alan of Material Indicators states that "$124,500 was not the top" due to strong institutional demand, evidenced by over $2.3 billion in net inflows into US spot Bitcoin ETFs in five days. Anticipated Federal Reserve interest rate cuts are also expected to boost market liquidity.
Trader BitBull suggests ATHs could be reached in as little as two weeks, citing BTC/USD reclaiming an 8-year trendline.
Coinbase Hacker Accumulates $18.9M in Ether Amidst Market Surge
A wallet linked to a major Coinbase social engineering scam has acquired 3,976 ETH, valued at over $18.9 million. This transaction occurred as Ether's price surged above $4,700. The wallet previously acquired Solana and significant amounts of ETH in July. This activity highlights the dynamic and often unpredictable nature of the cryptocurrency market.
HTX Reports Record Growth and Enhanced Security in August
HTX has released its August report, highlighting significant growth in spot and contract trading volumes, alongside new asset listings. The exchange also detailed its robust security measures, including blocking 40 phishing sites and intercepting suspicious withdrawals totaling over 150,000 USDT.
HTX maintained 35 consecutive months of Proof of Reserves disclosures, covering 9 major assets with reserve ratios at or above 100%. Customer support managed over 106,000 requests with an 80% user satisfaction rate.
US Government Explores Strategic Bitcoin Reserve
Industry experts suggest the United States may be close to announcing a Strategic Bitcoin Reserve (SBR). Alex Thorn of Galaxy Digital anticipates a formal announcement by year-end, citing strong indications despite some differing timelines.
Recent actions include a bill directing the Treasury to study SBR feasibility and reaffirmed administration interest. Concerns arise that delays could lead to other nations, like Pakistan or Kyrgyzstan, accumulating Bitcoin first. International interest in state-backed reserves adds urgency to the US's decision-making process.
Arthur Hayes Advises Bitcoin Investors: Patience Over Quick Riches
BitMEX co-founder Arthur Hayes urges Bitcoin holders to adopt a long-term perspective, cautioning against the "Lambo" mentality of expecting overnight wealth. He highlights Bitcoin's historical average annualized return of 82.4% over the past decade, emphasizing its strength as a hedge against currency debasement rather than a short-term speculative asset. Hayes posits that when deflated by Bitcoin, other assets show significantly weaker performance, underscoring BTC's superior value proposition.
Kalshi Faces Lawsuit Over Alleged Unlicensed Sports Betting
The US state of Massachusetts has filed a civil lawsuit against prediction market platform Kalshi, accusing it of operating unlicensed sports betting disguised as "event contracts." Kalshi, which maintains it is federally regulated by the CFTC, vows to defend its model vigorously.
This legal challenge highlights tensions between traditional regulations and novel financial instruments. While Kalshi navigates these issues, decentralized blockchain-based prediction markets like Polymarket are exploring different regulatory pathways. Polymarket is reportedly seeking new funding, potentially valuing the company at $10 billion, signaling investor confidence in the decentralized model.
The Kalshi lawsuit is a critical test case for the future of prediction markets in the US, with innovation continually pushing the boundaries of existing legal frameworks.
Tron Cuts Gas Fees by 60% in Strategic Move
Tron has significantly reduced its network's gas fees, decreasing the energy unit price from 210 sun to 100 sun. This move, driven by Proposal #789, aims to boost user adoption and ecosystem growth by making transactions more affordable.
While daily network fees saw a 64% drop to $5 million, Tron continues to lead Layer-1 chains in revenue generation, capturing 92.8% of L1 revenue in the past seven days. This strategy prioritizes user experience and long-term sustainability over immediate validator revenue.
Urgent Crypto Security Alert: New Phishing Wave Targets Hardware Wallet Users
Blockstream has issued a critical warning regarding a sophisticated email phishing campaign targeting users of their Jade hardware wallet. Attackers are directing users to download what appears to be firmware via deceptive links. Blockstream confirms they never send firmware files via email and that no data was compromised in this instance.
Phishing scams are a growing threat, costing crypto users millions. These attacks aim to trick individuals into revealing sensitive information. To protect yourself: always verify URLs, bookmark trusted sites, avoid clicking links from unknown senders, use a VPN, and scrutinize communications for errors.
OpenAI Reorganizes: Implications for Worldcoin and Decentralization
AI leader OpenAI is restructuring, creating a public benefit corporation while its nonprofit arm retains control. This unique hybrid model, with a nonprofit holding significant stake, offers insights for Web3 projects balancing innovation, community, and public good.
Key considerations include centralized oversight versus decentralized governance, profit motives versus public benefit, and navigating traditional regulatory frameworks. This comes as OpenAI faces scrutiny over its Worldcoin venture, raising privacy concerns. The company's significant financial scale and its intersection with blockchain technology make its corporate evolution a key development for the crypto community.
Viral Stunt Fuels Solana Meme Coin to 2,000% Pump, Generates $49,000 in Creator Fees
A recent incident involving a Solana-based meme coin, $BAGWORK, and fitness influencer Bradley Martyn highlighted the potent combination of virality and cryptocurrency. A staged prank at Martyn's gym, culminating in a slap and expletives, propelled the $BAGWORK token's market cap from $131,150 to $2.78 million in seven hours.
The creators, leveraging the Pump.fun platform's creator rewards system, earned nearly $50,000 in fees from trading activity. This event underscores the growing trend of leveraging social media influence and real-world stunts for significant financial gains in the meme coin market. While some lauded the innovative marketing, others raised concerns about potential harassment and the focus on sensationalism over quality content. The incident also draws parallels to Pump.fun's history of extreme livestreamed stunts, prompting ongoing discussions about content moderation and ethical boundaries in the evolving creator economy.
WisdomTree Launches Tokenized Private Credit Fund Amidst RWA Boom
Asset manager WisdomTree has introduced the Private Credit and Alternative Income Digital Fund (CRDT), a tokenized private credit vehicle. This move signifies a growing trend of traditional finance integrating with blockchain technology.
The market for tokenized real-world assets (RWAs) now exceeds $16.7 billion. CRDT aims to provide broader access to assets like private corporate credit and REIT loans. Tokenization converts asset ownership into verifiable digital tokens, lowering entry barriers for investors.
Major financial institutions, including Goldman Sachs, BNY Mellon, and State Street, are increasingly involved in tokenized assets, indicating a significant shift towards on-chain finance.
El Salvador's Bitcoin Accumulation: A Public Puzzle
Reports from President Bukele's administration claim daily Bitcoin purchases, supported by visible wallet growth. However, the IMF suggests El Salvador scaled back its Bitcoin experiment post-December 2024, stating total government-owned Bitcoin has not increased.
Potential explanations include pre-agreement acquisitions, routing through exchanges to obscure purchase dates, or internal wallet movements to create the appearance of new acquisitions. The lack of transparency raises concerns about the management of public resources. Despite IMF conditions, Bukele maintains the government's Bitcoin purchases are ongoing.
https://cryptovka.ru/en/news/4753/the-el-salvador-bitcoin-conundrum-bukele-vs-imf
Tether Launches USAT, a New U.S.-Centric Stablecoin
Tether is introducing USAT, a new stablecoin designed for the U.S. market and regulatory compliance, led by former White House digital assets working group executive director Bo Hines. Slated for launch by year-end by issuer Anchorage Digital, USAT will be headquartered in Charlotte, NC.
This move signifies Tether's strategic pivot to establish a stronger U.S. presence. USAT is built to adhere to the GENIUS Act, the U.S.'s first comprehensive stablecoin legal framework. Tether CEO Paolo Ardoino stated USAT will serve distinct use cases, including for underserved U.S. communities, and that USDT aims for GENIUS Act compliance within three years.
Tether also plans to become the world's largest Bitcoin miner by year-end.
UK Trade Groups Urge Blockchain Inclusion in US Tech Bridge
A coalition of UK trade groups has formally requested that blockchain technology be a central component of the nation's "Tech Bridge" initiative with the United States. They emphasize that excluding DLT would be a significant missed opportunity, especially given President Trump's increasing embrace of digital assets.
Key objectives include establishing a transatlantic payment corridor using stablecoins, tokenizing traditional financial instruments, and developing deep liquidity in cryptoasset markets. This push aligns with broader pro-innovation efforts in the UK, including growing public interest in cryptocurrencies for retirement planning and upcoming regulatory changes easing access to digital assets.
https://cryptovka.ru/en/news/4751/uk-trade-groups-demand-blockchain-inclusion-in-us-tech-bridge
BlockchainFX Raises Over $7.2M in Presale, Launches Beta Platform
Decentralized multi-asset trading platform BlockchainFX has announced surpassing $7.24 million in its presale, with over 9,000 participants. The platform's beta version is live, offering trading across 500+ assets including crypto, equities, forex, and commodities.
The $BFX token, priced at $0.023 in presale, is designed with a deflationary model. 70% of trading fees are redistributed: 50% to daily staking pools (BFX/USDT rewards) and 20% to buybacks, half of which are burned. Total supply is 3.5 billion tokens.
Early participants gain access to exclusive rewards and early access to the BFX Visa Card. The platform aims to bridge crypto and traditional finance, targeting significant market share in global trading.
Apertum ($APTM) Now Trading on BingX Exchange
Apertum Coin ($APTM), the native cryptocurrency of the Apertum Layer-1 blockchain, has been listed on BingX, a top-tier cryptocurrency exchange. This marks a significant milestone, expanding the project's reach to a global audience.
Apertum is a scalable, EVM-compatible Layer-1 blockchain within the Avalanche ecosystem, distinguished by its unique DAO-driven model without venture capital. The listing on BingX, which serves over 20 million users, is expected to enhance liquidity and exposure for $APTM, supporting the growth of its decentralized ecosystem.
https://cryptovka.ru/en/news/4745/major-milestone-apertum-aptm-now-trading-on-bingx-exchange
Phemex Launches Multi-Assets Mode for Futures Trading
Phemex has introduced a new Multi-Assets Mode for futures trading, aiming to boost capital efficiency and risk management. This feature consolidates various cryptocurrencies into a single margin pool, allowing profits from one position to offset losses in another.
Federico Variola, CEO of Phemex, stated that this model minimizes capital waste and enhances liquidity. The benefits include optimized capital utilization, superior risk management, increased trading flexibility, and enhanced liquidation resilience.
Urgent Crypto Security Alert: ModStealer Malware Targets Digital Wallets
A new sophisticated malware, ModStealer, is posing an immediate threat to cryptocurrency users. This cross-platform malware targets browser-based crypto wallets on Windows, Linux, and macOS, evading mainstream antivirus software. It spreads via fake job recruiter ads, targeting developers.
ModStealer scans for wallet extensions, credentials, and certificates, exfiltrating data to C2 servers. Its resilience against signature-based tools and persistence methods make it dangerous. Signs of infection include a secret file ".sysupdater.dat" and suspicious network connections.
The implications are severe: loss of private keys, seed phrases, and API keys. This underscores the need for robust, multi-layered security practices, including vigilance with job offers, monitoring system activity, keeping software updated, and prioritizing hardware wallets for significant holdings.
Bitcoin Transactions to Mars in Minutes: A Reality?
A new concept, Proof-of-Transit Timestamping (PoTT), could enable Bitcoin transactions from Earth to Mars in as little as three minutes. Leveraging existing optical links and a multi-hop system, PoTT aims to create a reliable interplanetary communication channel for Bitcoin and the Lightning Network.
While the technology is largely ready, a recipient on Mars is still needed. This development builds on previous efforts, such as Blockstream's satellite connectivity and Spacechain's ISS transaction, paving the way for a truly interplanetary financial system.
Quintenz Unveils Winklevoss Texts Amid CFTC Nomination Standoff
Brian Quintenz, a nominee for CFTC chair, publicly released text messages allegedly from Gemini founders Tyler and Cameron Winklevoss. The exchange reportedly shows the twins attempting to influence Quintenz's confirmation by linking their support to reforms addressing their past settlement with the agency.
Quintenz stated he refused to make promises, suggesting this led to the delay of his nomination. The incident highlights the intense lobbying in crypto regulation as the CFTC prepares for expanded oversight.
Paybis Unites iGaming and Crypto Leaders in Lisbon
Paybis is hosting an exclusive "Ramp ’n’ Roll | Paybis Prizes Night" on September 17, 2025, in Lisbon, alongside SBC Summit Lisbon. The event targets senior decision-makers from sportsbooks, platform providers, and payment companies.
The iGaming industry is seeking efficient, compliant payment solutions to simplify deposits, accelerate payouts, and expand market reach. Paybis offers an enterprise-ready toolkit addressing these demands with crypto-fiat integration, including Paybis Send, Payment Facilitation, and comprehensive on-/off-ramp rails.
"Ramp ’n’ Roll is the spirit of how we build: high-energy, modern and fun, but laser-focused on outcomes," stated Innokenty Isers, Founder and CEO of Paybis. The event aims to foster genuine collaboration through a senior-level exchange.
PredictIt Expands, Bringing New Opportunities to Prediction Markets
Regulated prediction market PredictIt has received CFTC approval to expand its offerings beyond political events. This move, set to launch in October, is expected to introduce more diverse markets and deeper liquidity.
The expansion appeals to the crypto community, familiar with dynamic, event-driven speculation. Competitors like Kalshi and Polymarket are also growing, showcasing a trend of traditional financial regulation merging with innovative market structures. Prediction markets offer unique engagement through dynamic trading of event shares, a concept resonant with crypto traders.
CLAPS Casino Records $7.5M USDT Slot Payout
CLAPS Casino has announced a $7.5 million USDT jackpot win on Pragmatic Play's Sweet Bonanza 1000. The payout, triggered by a $500 USDT spin and a x15,000 multiplier, highlights the growing potential of crypto gaming.
The platform offers over 4,500 games with direct crypto transactions, supporting BTC, ETH, USDT, USDC, and TRX without KYC. This record win underscores the transparency and accessibility of blockchain in iGaming.
Robinhood Joins S&P 500, Expanding Crypto's Indirect Reach
Robinhood, a key retail gateway for crypto investors, will join the S&P 500 on September 22. This inclusion, replacing Caesars Entertainment, signifies growing indirect exposure of the mainstream financial world to the cryptocurrency sector.
While the S&P 500 doesn't directly hold cryptocurrencies, Robinhood's role means the index will now capture part of the sector's growth. This underscores the influence of crypto-adjacent businesses in traditional finance. Coinbase's addition earlier this year, alongside Robinhood, provides vital access points to digital assets for millions, exposing the S&P 500 to the crypto market.
This inclusion validates crypto-related businesses as market pillars and channels passive capital into Robinhood. While introducing marginal volatility, it offers long-term benefits and a comfortable entry point to crypto exposure for index holders. It provides "safe" investors indirect crypto exposure, builds institutional comfort with the crypto landscape, and validates business models focused on digital asset access.
https://cryptovka.ru/en/news/4623/crypto-s-indirect-reach-expands-as-robinhood-joins-s-p-500
Hashed’s ShardLab and Bitkub Partner for Web3 Growth in Southeast Asia
Hashed’s R&D arm, ShardLab, has partnered with Thailand’s largest digital asset exchange, Bitkub, to accelerate Web3 ecosystem growth in Southeast Asia.
Bitkub will join ShardLab’s Protocol Camp program to mentor emerging Web3 startups. ShardLab will also sponsor the Bitkub Summit 2025 in Bangkok to showcase its stablecoin payment system and global Web3 strategies.
Trump-Linked Firm Targets $100M Dogecoin Mining Revenue
Thumzup Media Corporation, set to rebrand as Dogehash Technologies Holdings (XDOG), plans to acquire 3,500 Dogecoin mining rigs. The company projects potential annual revenues of $103 million if DOGE reaches $1.
The shift from adtech to crypto mining is driven by Dogecoin's profitability, cited as nearly three times that of Bitcoin mining by BIT Mining. Dogehash also plans a diversified crypto treasury, including BTC, LTC, SOL, XRP, ETH, and USDC. Donald Trump Jr. has purchased shares in the company.
https://cryptovka.ru/en/news/4522/dogecoin-mining-heats-up-trump-linked-firm-eyes-100m-haul
Stripe and Paradigm Launch Tempo Blockchain for Stablecoins
Fintech giant Stripe and crypto venture capital firm Paradigm have announced Tempo, a new layer-1 blockchain optimized for stablecoins and high-volume payments. Designed with input from OpenAI, Visa, and Shopify, Tempo aims to address the limitations of current blockchain infrastructure for global transactions.
Key features include over 100,000 TPS, enhanced privacy options, flexible fee payments using any stablecoin, and EVM compatibility. The project is currently in private testing and plans to transition to an open, permissionless network.
https://cryptovka.ru/en/news/4511/stripe-and-paradigm-unveil-tempo-a-new-era-for-stablecoin-payments
SEC Unveils Pro-Crypto Agenda for 2025
The SEC has released a new regulatory agenda aimed at fostering innovation in the crypto industry. Key proposals include safe harbors for crypto asset offerings, amendments to facilitate crypto trading on ATS and exchanges, and modifications to broker-dealer rules to ease reporting burdens.
The agenda also seeks to modernize the Investment Advisers Act of 1940 for crypto custody, marking a significant shift in regulatory approach. These changes signal a move towards greater clarity and a more supportive environment for digital assets in the U.S.
Transak and Fireblocks Revolutionize Institutional Stablecoin Payments
Transak has joined the Fireblocks Network for Payments as a launch partner, offering a turnkey solution for institutions to integrate stablecoins into global payment operations. This collaboration aims to provide a faster, more cost-effective alternative to traditional payment methods.
Industry forecasts predict a $1.2 trillion stablecoin market by 2028, with 49% of global institutions already using stablecoins for payments. The partnership bridges the gap by providing Transak's developer-friendly fiat-to-stablecoin rails, liquidity, and compliance tools through the Fireblocks Network. This simplifies access to stablecoin infrastructure, enhancing speed, compliance, and global reach for institutions.
Bybit and Mantle Forge CeFi-DeFi Convergence with Mantle 2.0
Bybit is strategically integrating with Mantle, an Ethereum L2 solution, to create "Mantle 2.0." This initiative aims to establish Mantle as the institutional liquidity chain for tokenized Real-World Assets (RWAs), fostering a convergence between centralized finance (CeFi) and decentralized finance (DeFi).
This partnership positions Mantle as the foundation of Bybit's ecosystem, potentially anchoring the MNT token's value to Bybit's trading volume. MNT holders stand to gain benefits like lower slippage and exclusive savings products. Bybit's support, coupled with the $200 million Mantle EcoFund, will drive innovation in the RWA sector, though governance decentralization remains a key consideration.
2025: Top Tax-Free Crypto Havens Revealed
As global tax scrutiny on cryptocurrency intensifies, several jurisdictions are emerging as prime destinations for tax-free digital asset gains. These nations offer significant advantages for traders, long-term holders, and Web3 entrepreneurs seeking to maximize returns.
Key tax-free havens for 2025 include:
• Cayman Islands: Zero tax on crypto gains and corporate income.
• United Arab Emirates (UAE): No tax on any crypto activities.
• El Salvador: Full tax exemption on Bitcoin transactions.
• Germany: Tax-free crypto gains after 12 months of holding.
• Portugal: Tax exemption on crypto capital gains held over 365 days.
These locations offer more than tax relief, providing clear regulatory frameworks and attractive environments. However, it is crucial to stay informed about evolving regulations and seek local tax advice before making decisions.
https://cryptovka.ru/en/news/4489/unlock-your-crypto-wealth-top-tax-free-havens-for-2025
US Fed Explores Digital Assets Amidst Independence Challenges
The US Federal Reserve will host a conference on October 21st to discuss stablecoins and financial product tokenization, signaling a move towards innovating payment systems. Governor Christopher Waller emphasized the importance of innovation in meeting consumer and business needs.
This focus on stablecoins follows the July passage of the GENIUS Act, which requires regulatory frameworks from the US Treasury and Federal Reserve. This development is seen as a positive step for clearer guidelines and institutional adoption within the crypto space.
However, the Fed faces scrutiny over its independence, highlighted by concerns about potential political interference in leadership appointments. This situation could introduce monetary policy uncertainty and affect regulatory bodies overseeing digital assets.
XRP Eyes $5 Amid Bull Flag Pattern and Approaching ETF Decisions
XRP's price is showing potential for a significant surge, driven by a classic bull flag technical pattern and the upcoming decisions on spot XRP ETFs by the SEC.
A daily close above $3 could confirm the bull flag, targeting $5, a potential 77% increase. Key resistance levels include $3.08, $3.40, and $3.66, with support at $2.68-$2.48. Analyst Crypto Pulse emphasizes holding above $2.75.
SEC decisions on approximately 11 spot XRP ETF applications are expected between October 18 and November 14. Betting odds for approval by year-end are currently at 87%, with experts like Nate Geraci and Eric Balchunas estimating even higher probabilities due to regulatory clarity. Approval could attract substantial institutional capital, with some analysts predicting XRP prices of $10-$20 or even $50.
https://cryptovka.ru/en/news/4437/xrp-s-ascent-to-5-bull-flag-signals-spot-etf-reality-nears
WLFI Blocks Hacking Attempts with Onchain Blacklisting
DeFi project WLFI has successfully defended against hacking attempts targeting its token launch. The project implemented proactive onchain blacklisting, disabling compromised wallets before the official launch. This strategy neutralized accounts identified as compromised due to end-user breaches, such as private key losses, thereby safeguarding user funds and vesting mechanisms.
Despite these defenses, WLFI users face ongoing threats, including fake smart contracts and sophisticated phishing exploits leveraging the Ethereum EIP-7702 upgrade. This upgrade, while enhancing user experience, has created a new attack vector allowing attackers to drain funds with an offchain signed message. Users are reminded to verify contract addresses and prioritize private key security.
KuCoin Launches KuMining for Accessible Crypto Accumulation
KuCoin introduces KuMining, a cloud mining brand focused on democratizing industrial-scale mining. The platform offers transparent, cost-effective access to hashrate for Bitcoin (BTC), Dogecoin (DOGE), and Litecoin (LTC), sourced from leading partners.
KuMining utilizes a robust infrastructure with 300 MW to 2 GW in global power resources, featuring over 10 EH/s in BTC hashrate and 200 TH/s for DOGE/LTC. Products will be available from September 16th, enabling users to dollar-cost average into crypto assets with reduced market volatility. Key benefits include transparent pricing, direct supply chain efficiencies, and seamless integration with the KuCoin ecosystem.
Falcon Finance Enhances Transparency with Detailed USDf Reserve Breakdown
Falcon Finance has updated its Transparency Page, providing an in-depth view of its USDf reserves, now totaling $1.29 billion. The update emphasizes a strong commitment to trust and accountability in decentralized finance.
Approximately 96.3% of reserves are held in major assets like Bitcoin, Financecoins, and stablecoins, with Bitcoin making up $640.16 million. Other significant holdings include $375.65 million in stablecoins and $89.84 million in Dogecoin.
Weekly attestation reports are conducted by HT Digital to ensure real-time verification. Reserves are diversified across custodians like Fireblocks and Ceffu, with 72.2% secured in multisignature arrangements. "Transparency is the cornerstone of trust in stable assets," stated Andrei Grachev, Managing Partner at Falcon Finance.