PayPal's PYUSD Stablecoin Market Cap Plummets 40% to $618 Million Amid Solana Decline

thedefiant.io PayPal's PYUSD stablecoin has experienced a significant decline in market capitalization, dropping 40% from its August high of over $1 billion to $618 million. This decline…

Swarm Markets Tokenizes 1 Ounce Gold Bars on Bitcoin Blockchain for First Time

thedefiant.io Swarm Markets has launched a groundbreaking initiative by tokenizing 1 ounce physical gold bars on the Bitcoin blockchain. Partnering with OrdinalsBot, they have utilized…

CME Bitcoin Futures Open Interest Hits All-Time High of 179,745 BTC, Totaling $20 Billion

thedefiant.io CME's open interest in Bitcoin futures has reached new notional all-time highs, closing at 179,745 BTC on October 17, 2024. This marks a significant increase of 32,440 BTC…

Memecoins Dominate 2024 Crypto Market Amid Financial Populism Trend, Led by 'Big Four'

thedefiant.io In 2024, financial populism has emerged as a dominant theme in the cryptocurrency market. The trend began in mid-2023 with the success of select meme coins such as PEPE,…

$BTC Reserves on Exchanges Hit All-Time Low Amid Potential Supply Squeeze

thedefiant.io Bitcoin ($BTC) reserves on centralized exchanges (CEXs) have reached an all-time low, signaling a potential supply squeeze. This development highlights the growing scarcity…

Ambient Finance Hacked, Users Warned of ETH Drain After Five Hours

thedefiant.io The website and dApp frontend of Ambient Finance have been hacked, compromising the user interface and phishing for malicious permits. Users are advised not to connect their…

Kraken Launches kBTC, a Fully Backed ERC-20 Wrapped Bitcoin with On-Chain Verification on Ethereum and Optimism

thedefiant.io Kraken, the cryptocurrency exchange serving over 10 million users worldwide, has launched its own wrapped Bitcoin token called kBTC. The ERC-20 token is fully backed 1:1 by…

JupiterExchange Launches ApeJupiter, Solana Memecoin Terminal with 0.5% Platform Fee

thedefiant.io JupiterExchange has officially launched ApeJupiter, a new memecoin trading terminal on the Solana blockchain. The platform, which is now out of beta, offers pro-performance…

JPMorgan Analysts Bullish on Crypto for 2025, Citing Trump Win and Digital Assets

thedefiant.io JPMorgan analysts have shifted to a bullish outlook on the crypto market for 2025, according to their Alternative Investments Outlook and Strategy report released Friday.…

Telegram Game Hamster Kombat Season 2 Introduces CEO Gameplay

thedefiant.io The popular Telegram game Hamster Kombat is set to launch its second season, introducing a new gameplay mode where players can step into the roles of CEOs running their own…

FBI Arrests Alabama's Eric Council for Hacking SEC's X Account with Fake Bitcoin ETF Approval

thedefiant.io An Alabama man, 25-year-old Eric Council Jr from Athens, was arrested by the FBI for allegedly hacking the Securities and Exchange Commission's (SEC) X account on January 9,…

Coinbase Rebounds to $204, Up 28% Amid Bitcoin Surge

thedefiant.io has experienced a significant rebound, with its stock price reaching $204, up from $140 in early August. The stock has gained 28% in the last week and is testing the 200-day…

Fuel Labs Launches Ignition Rollup Network, Mainnet Live with 21K TPS

thedefiant.io Fuel Labs has launched 'Ignition', a new rollup network with a focus on parallelization and a UTXO-based model. The mainnet for Fuel Ignition is now live, bringing…

Bitcoin Volatility Triggers $300 Million in Liquidations, $63 Million in Long Positions, as Price Rebounds to $68,000

thedefiant.io The cryptocurrency market experienced significant volatility, with Bitcoin at the center of the action. Over the past 24 hours, Bitcoin's price fluctuated dramatically,…

Binance Labs Invests in Lombard's LBTC, Capturing 40% of Bitcoin LST Market

thedefiant.io Binance Labs has announced an investment in Lombard, the developer of the Bitcoin DeFi project LBTC. LBTC is a security-first Bitcoin liquid staking token that allows…

Sei Network Launches FastUSD Stablecoin with Elixir and DragonSwap DEX Integration

thedefiant.io The Sei Network has officially launched fastUSD, a yield-bearing stablecoin integrated with Elixir and DragonSwap DEX. This new asset aims to enhance liquidity and provide a…

Solv Protocol Gains Backing from 4R Capital and OKX Ventures, Enhances Bitcoin Staking Liquidity with LSTs and 50XP Rewards

thedefiant.io Solv Protocol is gaining traction in the cryptocurrency space, with notable support from various entities. @4RCapital and @OKX_Ventures have publicly backed the platform,…

Standard Chartered Predicts Bitcoin Could Reach $73,800 Before U.S. Presidential Election, Valued at $800 Billion

thedefiant.io Standard Chartered has forecasted that Bitcoin could potentially reach a new all-time high of $73,800 before the upcoming U.S. presidential election. The bank attributes…

Paxos Partners with Stripe to Launch Stablecoin Payment Platform on October 15 Amid Cooling S&P 500 and Dow Trends

thedefiant.io Paxos has announced a partnership with Stripe to launch a stablecoin payment platform, marking a significant development in the cryptocurrency space. This collaboration aims…

ZeroLend Nears $250M TVL, Spark Deploys $25M USDS to Aave, Sky's D3M Module Active

thedefiant.io 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…

Accused of Earning $10M in Token Pump and Dump Scheme Involving $SUPER, $PMON, $SHOPX

thedefiant.io MrBeast, also known as Jimmy Donaldson, one of YouTube's richest stars, has been accused of making over $10 million through a low-cap token pump and dump scheme. The scheme…

Kamala Harris to Announce Crypto Regulatory Framework

thedefiant.io Vice President Kamala Harris has announced her support for a regulatory framework for cryptocurrency and other digital assets. This initiative is part of her broader…

Coinbase to List Degen (DEGEN) Token on Base Network for Spot Trading on October 15 at 9 AM PT

thedefiant.io Coinbase has announced that it will list the Degen (DEGEN) token for spot trading on the Base network starting October 15, 2024. This move follows the token's listing on…

$BTC Shows Bullish Momentum as Futures Funding Rate Hits Multi-Month High

thedefiant.io Bitcoin ($BTC) is showing signs of bullish momentum as it approaches a bullish MACD cross on the weekly chart. The Bitcoin futures funding rate has hit a multi-month high,…

BlackRock CEO Larry Fink Declares Bitcoin an Asset Class, Market Cap at $1.3 Trillion

thedefiant.io BlackRock CEO Larry Fink has made significant statements regarding Bitcoin, asserting that the cryptocurrency is an asset class in itself. Fink compared Bitcoin to other…

Arkham Intelligence, Backed by Sam Altman, to Launch Derivatives Exchange in November

thedefiant.io Arkham Intelligence, a blockchain data company backed by OpenAI's founder Sam Altman, is planning to launch a derivatives exchange next month in November. The new exchange…

Bitcoin Could Hit $125,000 if Trump Wins Amid US Election Results

thedefiant.io Geoff Kendrick of Standard Chartered forecasts that Bitcoin could reach fresh all-time highs by the end of this year. He predicts Bitcoin could hit $125,000 if Trump wins…

Goldman Sachs: Bitcoin Up 40% YTD, Gold's Risk-Adjusted Returns Superior

thedefiant.io Goldman Sachs reports that while Bitcoin has seen a 40% year-to-date gain, it remains significantly more volatile compared to gold. The data indicates that Bitcoin's…

U.S. Declares Bitfinex Sole Victim in 2016 $7.4 Billion Bitcoin Hack Restitution

thedefiant.io The U.S. government has declared that Bitfinex may be the sole victim eligible for restitution of the seized Bitcoin from its 2016 hack, which remains one of the largest…

MicroStrategy Holds 252K BTC, Surpassing US and China

thedefiant.io MicroStrategy, led by Michael Saylor, now holds more Bitcoin than the US and Chinese governments. The company owns 252,000 BTC, surpassing the US government's 203,000 BTC…

Hackers Shut Down TON Wallet Drainer Due to Lack of Whales, Target Bitcoin Next

thedefiant.io A wallet-draining scam operating on The Open Network (TON) has shut down due to a lack of high-value targets within the network and is now shifting its focus to Bitcoin. The…

Bitcoin Surges Past $64,000, Touches $65,000 Amid Strong Market Performance

thedefiant.io Bitcoin has experienced a significant surge, surpassing the $62,000 mark on October 4, 2024, and continuing its upward trajectory to reclaim $64,000 by October 7, 2024. The…

Worldcoin Deprioritises Europe, Shifts Focus to Asia and Latin America Amid GDPR Challenges

thedefiant.io Worldcoin, the digital identity project co-founded by OpenAI CEO Sam Altman, is deprioritising Europe to focus on Asia and Latin America. The move comes amid regulatory…

MicroStrategy Premium Hits 118% as Bitcoin Holdings Exceed Quarter Million BTC

thedefiant.io has seen its premium continue to rally, reaching 118% as of last Friday's close. The stock is now trading close to its multi-year high, with a split-adjusted price of…

Infinex Partners with Wormhole to Boost Cross-Chain Functionality After $65.3 Million NFT Sale

thedefiant.io Infinex, a new DeFi frontend founded by Synthetix creator Kain Warwick, has partnered with Wormhole to enhance cross-chain functionality and support multichain expansion.…

Digital Asset Funds See $147M Outflows Amid Economic Data; Solana Gains $5.3M, $159M Bitcoin, $29M Ethereum

thedefiant.io Digital asset investment products experienced minor outflows totaling $147 million last week, according to CoinShares. Bitcoin led the outflows with $159 million, while…

Dan Gallagher of Robinhood ($HOOD) Favored to Replace Gary Gensler as SEC Chair if Trump Wins

thedefiant.io Dan Gallagher, the Chief Legal Officer of Robinhood ($HOOD), is emerging as a leading contender for the role of SEC Chair if Donald Trump wins the 2024 presidential…

National Bank of Bahrain Launches First Bitcoin Investment Product, Managing $15 Billion in Assets

thedefiant.io The National Bank of Bahrain has launched its first Bitcoin-linked structured investment product in partnership with ARP Digital. This new product offers accredited…

Vitalik Buterin Proposes Lowering Ethereum Solo Staking Requirement from 32 ETH to 16-24 ETH

thedefiant.io Ethereum co-founder Vitalik Buterin has proposed lowering the solo staking requirement from 32 ETH to a range of 16-24 ETH, with a potential future reduction to 1 ETH. This…

ZachXBT Accuses Influencer Ansem of Promoting Solana Memecoin 'Pump and Dumps'

thedefiant.io Blockchain detective ZachXBT, also known as Zachary Wolk, has accused crypto influencer Zion 'Ansem' Thomas of promoting memecoin 'pump and dumps.' Ansem, who has a…

U.S. Seeks to Forfeit $879M in Crypto from Lazarus Group, APT38 via Tornado Cash Mixers

thedefiant.io The U.S. government is intensifying its efforts against North Korean hacking groups by initiating legal action to seize approximately $879 million in cryptocurrency linked…

Bitwise Files for Bitcoin and U.S. Treasuries Rotation ETF, Ticker BITC

thedefiant.io Bitwise has filed for a new Bitcoin and U.S. Treasuries rotation ETF, with the ticker BITC. The ETF will adopt Bitwise’s proprietary 'Trendwise' strategy, which aims to…

Magic Eden and Ubisoft Launch Captain Laserhawk Gaming NFT Collection on Arbitrum

thedefiant.io Magic Eden and Ubisoft have collaborated to release a gaming NFT collection on the Arbitrum blockchain. The collection is based on the Captain Laserhawk anime and marks the…