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As of now, Ethereum is experiencing a notable decline, reflecting a broader downturn in the cryptocurrency market. With a nearly 2% drop in value, Ethereum, alongside Bitcoin and other leading altcoins, is contributing to a decrease in the total market capitalization, which has fallen to approximately $2.17 trillion.

Bitcoin mining firm TeraWulf has announced a significant financial maneuver, selling its stake in a 200 megawatt Bitcoin mining facility to its partner Talen Energy for $92 million.

In a significant move to curb illegal cryptocurrency activities, Russian authorities have reportedly launched a crackdown on unauthorized crypto exchanges, conducting extensive raids in Saint Petersburg and surrounding areas.

The meme-inspired cryptocurrency Shiba Inu (SHIB) has experienced a remarkable surge in its burn rate over the past month, skyrocketing by nearly 250% to a staggering 2.4 billion tokens.

On October 3, 2024, Visa announced the launch of its Visa Tokenized Asset Platform (VTAP), a groundbreaking service designed to facilitate the issuance and management of fiat-backed tokens.

The cryptocurrency landscape is witnessing a period of cautious behavior, particularly with the stablecoin USDC trading just below its peg of $1. Despite this fluctuation, USDC's daily trading volume remains robust, exceeding $8 billion, and its market capitalization has stabilized around $35.5 billion.

OKX, a leading cryptocurrency exchange, has officially announced the listing of a new U.S. dollar-backed stablecoin, PayPal USD (PYUSD).

The Society for Worldwide Interbank Financial Telecommunication (SWIFT), a prominent player in global fintech communication, is set to make significant strides into the digital asset realm.

In the evolving landscape of decentralized finance, sUSD is emerging as a game-changer for the Solana community. Think of sUSD as a digital dollar that not only holds value but also earns interest, making it a dynamic asset rather than a passive one.

In an exciting development for the automotive and gaming industries, Lamborghini has joined forces with Animoca Brands’ division, Motorverse, to create an innovative Web3 racing game.

Toncoin (TON) has experienced significant price fluctuations in recent weeks, struggling to establish a solid support level around $5.96. After a series of unsuccessful attempts to maintain this threshold, the price of the Telegram-linked cryptocurrency has fallen below key support levels, prompting concerns among investors about its future trajectory.

Metaplanet, a Bitcoin investment firm, has announced a significant move to bolster its Bitcoin reserves by selling 233 Bitcoin (BTC) put options. In a statement released on October 3, the firm detailed that it earned a premium of 23.97 BTC from this transaction, highlighting a strategic approach to leverage Bitcoin’s inherent volatility.