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- Crypto Alpha - 17 October 2024
Crypto Alpha - 17 October 2024
Daily Alpha on All Things Crypto, Web3 and Blockchain
TL;DR
Stripe is in advanced discussions to acquire Bridge, a fintech company focused on stablecoins.
The Trump family’s crypto project, WLFI, has raised more than $12.5 million.
Bitwise has filed an updated XRP ETF registration (S-1/A) with the U.S. SEC.
Vitalik shared a new article detailing Ethereum's future development, with a key focus on maximizing L2 interoperability.
Hackers from the Radiant Capital attack converted their stolen assets to ETH and BNB, storing them across two addresses.
Robinhood has launched a desktop platform and added Bitcoin futures trading alongside other app features.
Kabosu, the Shiba Inu behind the Doge meme, had its Instagram hacked, with the account now spreading false content.
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Alpha of the Day
Stripe Eyes Bridge Acquisition to Strengthen Stablecoin Game
Stripe is reportedly in deep talks to buy Bridge, a fintech company that’s all about stablecoins. Seems like Stripe wants to solidify its place in the crypto space, and what better way to do that than snatching up a stablecoin-focused startup? If this deal goes through, you might see Stripe making bigger moves in the stablecoin world. The negotiations are advanced, so keep an eye on Stripe to see if they’re about to turn into the cool kid at the stablecoin party.
Trump’s WLFI Crypto Project Raises Over $12.5 Million—Who Said Politics Isn’t Lucrative?
The Trump family’s crypto project, WLFI, has now raked in more than $12.5 million. Whether you love or hate the guy, you have to admit Trump’s family knows how to raise some serious crypto cash. WLFI, the crypto equivalent of a political fundraiser, is proving that even in the blockchain world, the Trumps can pull in the big bucks. The project has hit that sweet 8-figure mark, but whether it’s just a quick campaign or here for the long haul—time will tell.
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Bitwise Files Updated XRP ETF Registration with SEC—Still Waiting for the Green Light
Bitwise is back at it again, filing an updated XRP ETF registration with the U.S. SEC. This S-1/A filing is basically Bitwise saying, “Hey SEC, how about now?” as it waits for approval to launch a fund that tracks XRP. The ETF world has been buzzing lately, but XRP investors are still waiting to see if this one gets the nod. It’s kind of like trying to get into an exclusive club—maybe this time Bitwise will make it past the bouncer.
Vitalik Drops Knowledge on Ethereum’s Future, L2 Interoperability is the Name of the Game
Vitalik Buterin, Ethereum’s very own crypto philosopher, released a new article about the future of Ethereum’s protocol. His latest musings are all about L2 interoperability—aka making sure different layer 2 solutions can play nice together. Vitalik’s vision is like trying to get all your favorite apps to sync without losing your mind, but for blockchains. It’s a solid roadmap for keeping Ethereum ahead of the pack, but as usual, Vitalik is thinking 10 steps ahead of everyone else.
Radiant Capital Hackers Swap Stolen Goods for ETH and BNB, Split the Spoils in Two
Radiant Capital’s hackers are at it again, converting their stolen loot into ETH and BNB, then neatly stashing it in two separate addresses. It’s like a digital bank heist with the hackers splitting the goods to throw off the trail. They’ve shown a knack for dodging detection, but with the crypto community keeping a close watch, it’s only a matter of time before the authorities catch up to these virtual thieves. Radiant Capital, meanwhile, has some serious explaining to do.
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Robinhood Rolls Out Desktop Platform and Adds Bitcoin Futures Trading—More Power to the Users
Robinhood just stepped up its game, launching a desktop platform and giving users access to Bitcoin futures trading. Whether you're on the couch or in a cubicle, Robinhood is making it easier to get your crypto fix. The new desktop platform lets you trade like a pro, while the addition of Bitcoin futures brings more options to the crypto-curious. Robinhood isn’t just for stocks anymore—it’s going all-in on crypto, and users are loving the new tools.
Doge’s Instagram Gets Hacked—Kabosu’s Account Now a Hotbed for Fake Posts
Kabosu, the Shiba Inu behind the legendary Doge meme, just had her Instagram hacked. The beloved Doge’s account has started posting fake content, leaving fans scratching their heads (and tails). It’s a weird twist for the pup that became a crypto mascot, but not even Kabosu is safe from cyberattacks. The hack has turned her wholesome Instagram feed into a hub for false info, but hopefully, the Doge team will regain control soon and restore the account’s good vibes.
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Daily #Crypto Alpha | October 17 2024… x.com/i/web/status/1…
— WAGMI | Crypto, DeFi & Web3 News (@wagmiglobal_)
8:36 AM • Oct 17, 2024
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