Crypto Publish 🪙 Shilling

💰 Coinbase reports 'degraded performance' for Polygon transactions shortly after network upgrade Coinbase, the largest U.S. cryptocurrency exchange, has put out a status update alerting users that Polygon transfers may be delayed. “We are aware that some users may be experiencing delayed sends and receives for Polygon (Matic). Buys, Sells, and Fiat withdrawals/deposits are not affected. We are investigating this issue and will provide an update shortly. Rest assured, your funds are safe,” the company’s status page read.

📊Penpie crypto DeFi protocol exploiter successfully laundered all $27M ETH Penpie Crypto DeFi Protocol is an averagely popular decentralized finance (DeFi) platform designed to enhance liquidity provision and yield farming in the crypto ecosystem. Built on the Pendle Finance protocol, Penpie focuses on maximizing yield for its users by allowing them to split and trade yield-bearing assets. With a user-friendly interface and advanced features, Penpie aims to offer a flexible and efficient DeFi experience.

🇨🇭 Major Swiss bank ZKB launches 24/7 Bitcoin and Ethereum trading Switzerland’s fourth-largest bank, Zürcher Kantonalbank (ZKB), has introduced trading and secure storage for major digital assets, including Bitcoin and Ethereum, according to a Sept. 4 announcement. According to the bank, its customers can now trade BTC and ETH around the clock through its existing ZKB eBanking or ZKB Mobile Banking. It added that this was facilitated through its partnership with Crypto Finance AG, a subsidiary of Deutsche Börse Group.

Bitcoin’s FSIC Ordinal Collection Leads In Daily NFT Sales With +$900K Fractal Specific Integrated Circuit (FSIC), a new non-fungible token collection exclusively created on Bitcoin, the same blockchain network hosting the flagship crypto Bitcoin and renowned in the NFT market for its Ordinal, BRC-20, and Runes NFT collections, has exploded in trading sales volume and become the leading NFT collection in the NFT market table today.

💰 Antpool mines consecutive Bitcoin blocks, earns nearly $2 million amid Babylon staking surge Antpool has recently mined two consecutive Bitcoin blocks, securing nearly $2 million in total revenue from both block subsidies and transaction fees, according to mempool.space. Following that, Block 857911 featured 15.55 BTC in fees, amounting to around $950k. This surge in transaction fees is largely attributed to Babylon, a Bitcoin staking platform that recently gained significant traction.

Charles Hoskinson, the founder of Cardano, has put up $1 million to test the security of Cardano's wallets This challenge aims to enhance the security of the platform by encouraging community members to identify vulnerabilities. Cardano's Web3 wallet, Lace, has introduced a new security feature with its Paper Wallet option. This feature simplifies wallet protection by allowing users with existing PGP keys to restore their wallet using a single encrypted QR code. To celebrate this update, Lace has launched the Lace Paper Wallet Bug Bounty Program, inviting the community to test and improve the wallet’s security. The program will remain open until the end of 2024 or until the wallet is successfully hacked.

💰Two huge players raise money to buy Bitcoin Marathon Digital Holdings, the world’s largest Bitcoin mining company, has announced a $250 million offering of convertible senior notes due in 2031. Marathon plans to use the $250 million raised to buy more Bitcoin and hold it as a reserve asset. Also, El Salvador announced $1.6 billion private investment, the biggest in the nation's history to modernise the port at Acajutla and build a new port in La Union, where Bitcoin City will be built.

Casper Network Suspends Operations Following Security Breach Casper Network, known for decentralized applications, experienced a security breach, prompting a temporary halt of operations. The Casper team, along with validators, suspended the network to mitigate the impact and prevent exploitation. The Casper Association, Casper Labs, and validators are collaboratively working to resolve the issue.

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🚀Tether has made $5.2B net profit in the first half of 2024, more than some of the biggest companies in the world And they achieved all that with less than 100 employees. They are generating $20K each second, allowing them to invest most of their money into Bitcoin. They own 75,354 $BTC, worth $5B and $3.8B worth of gold, and also $97B in U.S. Treasuries, occupying the 20th spot in the world.