Good Evening

Today's Top Caps

BTC $107K (-2.8%)

ETH $3730 (-4.2%)

USDT $1

BNB $1065 (-2.3%)

XRP $2.43 (-5.8%)

Source: Coingecko

Today's Top Gainers

M, XAUT, PAXG, FIGR_HELOC

Source: Coingecko 24HR Top100

Top ETF Tracker

BTC -470M , ETH -81M

Source: Coinmarketcap

Today's Top Headlines

JP Morgan CEO Jamie Dimon admits he was wrong and crypto is “Real.”

Source: @WhaleInsider X

Jack Dorsey’s Bitchat becomes the 2nd most downloaded app in Jamaica as Hurricane Melissa knocks out communications across the Caribbean.

Bitchat enables peer-to-peer messaging without relying on centralized servers.

Source: @BTC_archive X

Sam Altman-backed World's 'proof of human' IDs coming to FIFA, NFL and Pudgy Penguins games.

Sam Altman’s “proof of human” World project is teaming up with top web3 gaming studio Mythical Games, which has published FIFA, NFL, and Pudgy Penguin-branded games. Mythical said it will bring its human users to World network while leveraging the company’s digital ID technology to separate bots from humans.

Source: The Block

Ethereum Foundation launches "institutions" website to onboard TradFi businesses to Ethereum.

Source: @Cointelegraph X

Telegram makes TON a hub for decentralized AI inference.

Telegram unveiled Cocoon, a decentralized AI inference network built on TON. Developers can access GPU power and pay with TON tokens; GPU owners earn by contributing compute. AlphaTON Capital backed the rollout with global GPU infrastructure to power private, onchain AI computation.

Source: Crypto.News

Mastercard poised to acquire crypto startup Zerohash for nearly $2 billion, sources say.

Mastercard has its sights on another crypto company. The payments goliath is said to be in late-stage talks to acquire the crypto and stablecoin infrastructure startup Zerohash for between $1.5 and $2 billion, according to five sources familiar with the deal, who asked for anonymity to discuss private business discussions. The deal may still fall through but, if closed, it would represent one of Mastercard’s biggest bets yet on stablecoins, or cryptocurrencies pegged to underlying assets like the U.S. dollar.

Source: Fortune

Revolut just dropped 1:1 Stablecoins by Revolut.

RevolutApp is introducing 1:1 conversion between USD and stablecoins (USDT & USDC), meaning you get exactly $1.00 in stablecoins for $1.00 in cash (and vice versa), every time.

Source: @Linasbeliunas X

Binance.US denies political motive in listing Trump-linked USD1 stablecoin.

Binance.US pushed back against a U.S. senator's claims of its political favoritism on Wednesday, defending its recent decision to list USD1, a stablecoin issued by the Trump-linked World Liberty Financial.

On Tuesday, Democratic Senator Chris Murphy alleged in a social media post that Binance's USD1 listing was a form of payback following Trump's pardon of Binance founder Changpeng Zhao last week.

In response, Binance.US said Wednesday on X that USD1 and WLFI are listed on over 20 exchanges in the U.S., including Coinbase, Robinhood and Kraken, and that both assets had been approved by its listing committee some time ago through its "ordinary course of business."

Source: The Block

Until Next Time, Stay Frosty!