Crypto Bureau

🖼 ZF Group launches metaverse platform in India for talent acquisition ZF Group has launched its metaverse platform in India for talent acquisition and employee engagement.  "They can virtually interact with hiring managers, understand the various positions and career options open to them, and get a feel of our collaborative work culture and innovative practices that impact the future of mobility," he added.

MicroStrategy acquired an additional 18,300 BTC using cash at an average price of $60,408 between August 6 and September 12, worth approximately $1.11bn. Their total holdings reached 244,800 BTC, worth $9.45bn.

OpenAI has introduced a new series of models called OpenAI o1, designed to handle more complex tasks with better reasoning and problem-solving abilities, particularly in areas like science, coding, and math. The models are part of a beta available to ChatGPT Plus users and come in two versions: ⚫o1-preview: The larger model with advanced reasoning capabilities and a broad knowledge base. ⚫o1-mini: A smaller, faster version optimized for coding tasks, performing competitively with the larger model.

💰 Grayscale launches new #XRP closed-end fund, token jumps 8% Grayscale said Thursday it's planning to launch an  "closed-end" fund that will allow investors to gain exposure to the popular token. The firm once managed an XRP fund it then shut down in 2021 after the U.S. Securities and Exchange Commission sued Ripple and argued that the digital asset XRP is a security under U.S. law. Ripple, which utilizes XRP, the native asset of the XRP Ledger, is the company most closely associated with the token.

🖼 Magic Eden's multi-chain NFT dominance surges with $60 million daily volume amid ME token hype Magic Eden, the multi-chain NFT marketplace, is conjuring up a storm in the NFT world, with daily trading volumes skyrocketing from a modest $1 million to a staggering average of $30 million. The platform recently hit a peak of $60 million in daily volume, showcasing the renewed interest in digital collectibles across multiple blockchains.

The U.S. Treasury Department said the annual interest alone on its $35.3tr national debt topped $1tr for the first time.

🖼 CryptoPunk sells for $1.5 million amid NFT market downturn According to CryptoPunks Bot, CryptoPunk 6915, one of the 24 rare Ape Punk, was acquired for 620 ETH (around $1.48 million)  by an anonymous collector identified by “0x8bbccd.” The NFT is one of just 24 other Ape Punks issued on the Ethereum blockchain by Larva Labs.

Grayscale is launching the first U.S. XRP trust, giving accredited investors direct exposure to XRP. While different from an ETF, the trust could potentially convert into one with SEC approval, following Grayscale's successful Bitcoin and Ethereum ETF launches.

🇯🇵 Ripple CEO: Japan's Leaders Committed to Advancing Crypto and Blockchain Technology Ripple CEO Brad Garlinghouse discussed Japan’s potential in blockchain technology with Japanese lawmaker Taira Masaaki during XRP Community Day. Garlinghouse praised Japan’s commitment to advancing crypto, highlighting the country’s “clear frameworks and constructive policy” that encourage innovation while ensuring consumer protection. Taira, a Web3 and AI advocate in Japan’s House of Representatives, noted that the meeting focused on maximizing Japan’s capabilities through blockchain.

Chainalysis data shows that payments in Singapore using stablecoin reached a record high of almost $1bn in Q2, doubling Q1 numbers, led by transactions at merchant outlets.