💰 Bitcoin Layer 2 Protocol Stacks Achieves New High in Smart Contract Deployments

Stacks, the Bitcoin Layer-2 protocol, has achieved a new high in smart contract deployments, with a 30% month-over-month increase. This growth reflects the ongoing efforts of developers to enhance the Bitcoin ecosystem, making Bitcoin a more productive network. The increase in deployments highlights the potential for decentralized finance (defi) on Bitcoin and the innovative projects being built on the layer-2 solution.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar

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🪙 Tether addresses $102 million agricultural investment: land is "crucial asset class"

The latest business that caught the eye—and the capital— of Tether, issuer of the world's largest stablecoin and the most valuable company in crypto, has been revealed. Between July 29 and August 16 of this year, Tether's investment division purchased shares worth about $102 million in South America-based agricultural giant Adecoagro SA, which trades on the Nasdaq stock exchange as AGRO, filings show.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar

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💰 Bitcoin falls below $54k as market sees volatility following jobs data

Bitcoin tumbled below $54,000 on Friday after initially climbing to $57,000 earlier in the day following the release of a key US jobs report. As of press time, the flagship crypto was trading at $54,100 after touching a low of $53,780 and had yet to establish a local bottom for the day, based on CryptoSlate data.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar

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🟠 CZ permanently barred from any involvement in managing Binance, retains voting rights

Binance has confirmed that its co-founder Changpeng Zhao (CZ) is permanently barred from managing the crypto exchange. While initial reports suggested CZ could return to Binance after three years, CEO Richard Teng clarified to Axios that the ban was permanent. This prevents Zhao from ever resuming a leadership role at the platform.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar

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💰 Bitcoin short-term holders' unrealized losses emerge as market weak spot: Glassnode

The average new bitcoin investor is holding an unrealized loss, which could lead to substantial sell-side pressure in the event of a further market correction, analysts at Glassnode said in a report published Wednesday. Although the total unrealized losses among all bitcoin holder cohorts remain historically low, this week's Glassnode report said short-term holders are an exception and could face significant market pressure.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar

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🏦 Kamala Harris turns to Coinbase for crypto campaign donations, CFO reveals

Coinbase CFO Alesia Haas revealed that Vice President Kamala Harris‘s campaign is using Coinbase Commerce to accept crypto donations, Fortune reported Sept. 4. Haas made the revelation during a conversation with Citigroup‘s director of payments, Peter Christiansen, at the lender’s 2024 Global TMT Conference in New York.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar

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💰 Solana network transactions hit multi-month low in August

Monthly non-vote transactions on the Solana network fell almost 63% from July's year-to-date high of 1.31 billion to 485.61 million for the month of August, according to The Block's Data Dashboard. August's transaction activity on the Solana blockchain dropped significantly, falling below levels observed throughout most of 2024, where every preceding month surpassed 700 million transactions. This decline has seen activity return to levels not seen since September 2023, when there were 494 million transactions.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar

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👑 WazirX begins second phase of fiat withdrawals early, hackers begins moving funds

WazirX has begun the second phase of its fiat currency withdrawal process ahead of schedule on Sept. 3. The process was originally slated to begin on Sept. 9 and comes as the exchange faces the aftermath of a major security breach that resulted in the theft of over $230 million in user assets. CEO Nishal Shetty shared the update on social media and said the exchange is continuing to do all it can to restore access to customer funds.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar

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