💵 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.
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.
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.
‼️The North Korean hacker group Lazarus Group lost access to $4.96 million after two of their addresses were blacklisted by stablecoin issuers. The assets were discovered by renowned on-chain investigator ZachXBT
During a months-long investigation, ZachXBT traced how the organization, linked to North Korean authorities, laundered more than $200 million in fiat and cryptocurrencies over a roughly three-year period. The funds were stolen in 25 exploits across various blockchains.
📌 The expert worked in collaboration with teams from Metamask, Binance, TRM Labs, and Five I's LLC.
✔️ As a result, companies behind stablecoins such as USDT (Tether), USDC (Circle), TUSD (Techteryx), and BUSD (Paxos) froze two of the hackers' wallets.
In addition to nearly $5 million in stablecoins, the addresses also contain $720,000 in DAI and $313,000 worth of Ethereum, which could not be frozen.
Furthermore, $1.65 million of Lazarus Group’s funds were frozen on various exchanges as part of the investigation.
ZachXBT noted that the community often criticizes Tether’s compliance practices. However, the longest delay in freezing (4.5 months) came from Circle. The expert was surprised to find that despite having 1,000 employees, the USDC issuer does not have a dedicated hack response team to protect its ecosystem.
⚠️ The odds of Trump winning have increased on Polymarket after an assassination attempt.
Last night, on September 16, Donald Trump Jr. reported that shots were fired at a golf club in Florida. U.S. presidential candidate Donald Trump was present on the premises.
The FBI stated they are "investigating what appears to be an assassination attempt."
Amid these events, Donald Trump surpassed Kamala Harris by 1% on Polymarket. Additionally, several Trump-related memecoins have risen in value.
🥸 The well-known crypto investigator ZachXBT criticized Circle for its lack of care for the ecosystem.
The organization is simply extracting profit from the ecosystem. It has never blacklisted addresses after DeFi hacks and took 4.5 months longer than others to blacklist the Lazarus Group.
⚠️ Binance analysts have discovered dangerous malware called Clipper, which changes the withdrawal address during a transaction. The malware intercepts data stored in the clipboard and primarily targets cryptocurrency wallet addresses.
‼️Be very cautious with the plugins and applications you install, especially on Android and web applications.
💸 The cryptocurrency exchange Coinbase has launched a wrapped version of Bitcoin — Coinbase Wrapped BTC (cbBTC). The token will operate on the Base and Ethereum networks.
The asset is backed by Bitcoin held on Coinbase at a 1:1 ratio.