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The program, called Retro9000, is supposed to encourage developers to build on Avalanche ahead of a much-anticipated upgrade known as Avalanche9000.
Hackers stole $409 million worth of cryptocurrency in the third quarter, with an additional $3 million lost to fraud, according to a report by ImmuneFi.
Powell is expected to speak at 13:30 UTC at the US Treasury Market Conference amid mounting expectations for another U.S. interest rate cut this year.
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Guggenheim Treasury Services, a subsidiary of financial services giant Guggenheim Partners, has issued $20 million of tokenized commercial paper on the Ethereum blockchain, its partner, blockchain platform Zeconomy, announced Thursday.
Reserves for UStb will be invested in BUIDL, which in turn holds U.S. dollars, U.S. Treasury bills, and repurchase agreements.
The CELO token has rallied nearly 20% in the past 24 hours.
The U.S. crypto market will “bifurcate from the rest of the world” said Stephan Lutz, CEO of crypto exchange BitMex, in an interview with CoinDesk.
“crvUSD is overexposed to minor stablecoins, especially TUSD which has a dubious track record and has recently been charged by the SEC with defrauding investors,” the proposer wrote.