Crypto News

💵 BNB Chain has announced a gasless payment solution for stablecoins USDT, USDC, and FDUSD. The development will be carried out in partnership with centralized exchanges. The initiative aims to simplify the use of stablecoins, allowing for faster integration into everyday life. 🔗 Bitget Wallet and SafePal have already integrated the gasless solution. The Binance Web3 wallet and Trust Wallet will follow suit soon.

⚠️ Yesterday, a mass hack of accounts on the X social network, aimed at promoting the meme token HACKED on Solana, caught the attention of on-chain sleuth ZachXBT. Various business pages and personal accounts were compromised. According to ZachXBT’s observations, after the meme creators drained all liquidity, their revenue amounted to just $8,000, resulting in significant losses:

"They likely spent five to six figures on this method, so they lost money, lol. A serious contender for the title of the most incompetent hacker of the year."

💥 Fed rate cut — -0.5%💥 The U.S. Federal Reserve has lowered the interest rate by 0.5% — the first cut since 2020! The current rate stands at 5%. ✔️ Meanwhile, Arthur Hayes believes that the Fed rate cut will lead to a decline in crypto. 🔽According to him, the rate cut will exacerbate inflation and strengthen the yen, causing a drop in risk assets. Later, the Fed will continue cutting rates and quickly bring them close to zero. These low levels will positively impact the crypto market, as investors will look for better returns. They will find it in staking Ether, USDe, and BTC through the DeFi platform Pendle. ETH will benefit the most from ultra-low rates, offering a 4% annual yield.

🦄 1inch launches cross-chain swaps The solution is based on previously introduced resolvers and allows for asset exchanges between networks. How does it work? ➡️ You initiate the swap. ➡️ The new Fusion+ tool locks assets in both networks. ➡️ The swap is completed. Fusion+ is currently in beta testing. Soon, Fusion+ will be available directly in the 1inch wallet.

🔥 TON Foundation and Curve Finance have partnered to create a new stablecoin exchange project based on the TON network.

🐹 The snapshot in Hamster Kombat for the airdrop distribution will take place on September 20. Based on the snapshot, HMSTR tokens will be distributed. ✔️ A reminder that the listing will take place on September 26.

⚠️ Trust Wallet commented on the FUD. Yesterday, FUD started spreading due to a price drop of over 20% in TWT. One of the reasons cited for the drop was the upcoming delisting of the token from Binance. The Trust Wallet team stated that the delisting of TWT from Binance is a rumor that misled people. Additionally, any reports of the platform being hacked are completely fabricated ❌.

📊 The Bitcoin bull market could resume within the next 22 days, based on historical cycles and current data, according to WeRate co-founder Quinten François. 📈 In his observations, the average Bitcoin cycle begins approximately 170 days after the halving, with a peak forming 480 days later. As of September 15, it has been 147 days since the halving. 📉 CryptoQuant CEO Ki Young Ju highlighted $62,000, $55,000, and $43,000 as key levels for Bitcoin. These represent the average coin cost for various groups of investors and serve as important psychological and technical markers.

🔗 Ledger and Exodus Join Forces to Create an Advanced Exchange Aggregator Exodus Movement, a company specializing in cryptocurrency exchange services, is partnering with renowned digital asset wallet developer Ledger. ✔️ The primary goal of the specialists is to integrate the XO Swap function into Ledger Live. This will simplify the process of connecting to third-party API servers and enable direct swaps among thousands of currency pairs with minimal costs. 🔒 Company representatives emphasized that the new integration prioritizes customer security. All transactions within the new XO Swap service will be aggregated through multiple different counterparties. 💵 All funds will be processed directly through the Ledger Live wallet. Initially, the new feature is available on desktop, but the developers have announced that a mobile solution will be launched soon.

APES to be Listed on Gate The team behind the APES meme coin, launched via PumpFun, has announced an upcoming listing on the Gate exchange. 🔝 The exact date and time have not yet been disclosed. Additionally, the project promises another "grand announcement" following the listing on Gate.