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Ethereum achieves local ATH in Japan and Korea, supported by domestic demand and institutional ETH acquisition strategies.
Share link:In this post: An Indian high court has denied the bail petition of a suspect involved in a crypto investment fraud of about $240 million. The court denied him bail because of the severity of the crime and its impact on society. Indian police reveal the modus operandi of the fraudulent group.
Share link:In this post: TRM Labs has revealed that the Embargo ransomware group has moved $34 million in illicit funds since April 2024. The blockchain intelligence firm said the group attacks industries in the critical sector in the United States. The United Kingdom has moved to initiate laws against ransomware payments in the public sector.
Share link:In this post: Indian authorities have warned that the youth demographic of its population is being used to move illegal funds out of the country. Criminal elements are offering innocent youths incentives to use their accounts to move fraudulent funds. Police have arrested about 60 young men as they continue to investigate the growing issue.
Share link:In this post: XRPL EVM launched with big promises but has just $100k in TVL and $3.2k in daily volume. Ripple’s RLUSD stablecoin has a tiny slice of the $271B stablecoin market. Ripple made political and regulatory progress, but its flagship products still haven’t gained real adoption.
Share link:In this post: A California lawsuit seeks to force Microsoft to keep supporting Windows 10 for free until less than 10% of such systems are in circulation. Around 700 million PCs still run Windows 10, including 240 million that cannot upgrade to Windows 11 due to hardware limits. The plaintiff claims that Microsoft’s decision is intended to increase hardware sales and adoption of its AI tools, such as Copilot.
- 09:27Digital RMB Secured Loans Launched in Beijing ShijingshanJinse Finance reported that recently, Beijing Shichuang Tongsheng Financing Guarantee Co., Ltd., a subsidiary of JingShi Wenlv, in cooperation with the Shijingshan branch of Bank of China, successfully provided digital RMB loan support to Lingyu Technology Co., Ltd., marking a new digital stage for the regional "government-bank-guarantee" cooperation model. According to the "Several Measures for Supporting Small and Micro Enterprises Financing with Special Funds for Inclusive Finance Development in Shijingshan District (Trial)", enterprises that obtain loan funds in the form of digital RMB for the first time will receive a 100% interest subsidy based on the actual interest paid, and can also enjoy a 50% guarantee fee subsidy, significantly reducing corporate financing costs and further stimulating market vitality.
- 09:22Analysis: The current round of Fed easing expectations may provide momentum for Bitcoin to reach new highsForesight News reported that Matrixport tweeted that the probability of the Federal Reserve cutting interest rates by 25 basis points this week has risen significantly. Although there are still voices in the market advocating for "no change" or a "one-time 50 basis point rate cut," given inflation is below target and tariff pressures are limited, the Federal Reserve is more likely to opt for a moderate rate cut and maintain a cautious stance. In an easing environment, concerns about "buy the rumor, sell the news" are unlikely to materialize; instead, it is more likely to fuel the continuation of the bull market. Monitoring shows that the market has already priced in expectations for more than three rate cuts, and this round of easing expectations may provide momentum for bitcoin to reach new highs.
- 09:12Bitcoin Officially Integrated into Starknet Staking MechanismChainCatcher reported that Starknet has announced the completion of its Bitcoin staking integration upgrade. BTC holders can now participate in Starknet consensus, with a staking weight of 25% for BTC and 75% for STRK. Supported BTC-wrapped assets include WBTC, LBTC, tBTC, SolvBTC, etc. Validators can deploy BTC delegation pools, and the reward mechanism will be launched on September 30. The unbonding period for both STRK and BTC stakers is unified at 7 days.