According to Cointelegraph, Circle Internet Financial, the manager of the US Dollar Coin (USDC) stablecoin, has integrated the layer-2 scaling chain Arbitrum into its Web3 infrastructure platform. This integration, announced in a blog post on September 12, aims to enhance the capabilities of USDC-centric programmable wallets, smart contract tooling, and gas-fee abstraction on Arbitrum. Arbitrum, with a total value locked (TVL) of around $2.5 billion, is Ethereum’s largest layer-2 solution, as reported by DefiLlama. The Web3 platform is designed to help developers create seamless in-app wallets that support USDC for various applications, including global payments, e-commerce, and gaming, according to Nikhil Chandhok, Circle’s chief product officer. Circle’s Web3 tooling is already integrated with other blockchain networks such as Avalanche, Ethereum, Polygon PoS, and Solana. This integration is part of Circle’s ongoing efforts to accelerate the adoption of USDC, which competes with Tether’s USDT for market dominance. USDC’s market capitalization stands at approximately $35 billion, significantly lower than USDT’s $118 billion, according to CoinMarketCap. The competition has intensified with the introduction of PayPal’s US dollar-backed stablecoin, PayPal US (PYUSD), which reached a market capitalization of $1 billion in August 2023. In 2023, Circle made USDC available natively on Arbitrum, allowing applications to mint USDC directly on the layer-2 chain without needing to bridge from other chains. Circle also integrated Arbitrum into its cross-chain transfer protocol, enabling free USDC bridging by managing minting and burning across chains. Arbitrum is a crucial platform for Circle due to its status as a central hub for decentralized finance (DeFi) among layer-2 solutions. According to DefiLlama, Arbitrum hosts nearly $4.7 billion worth of stablecoins, which are used in various applications such as lending, decentralized exchanges (DEX), and leveraged perpetual trading. The platform is also gaining traction in tokenized real-world assets (RWA), which could become a multi-trillion dollar market in the future. Recent developments on Arbitrum include Ondo Finance expanding access to its US Dollar Yield Token (USDY) and asset manager Franklin Templeton expanding its FOBXX to the scaling chain. These moves highlight the growing importance of Arbitrum in the blockchain ecosystem.

The head of digital assets research at exchange-traded fund (ETF) provider VanEck says that Bitcoin (BTC) and one or two layer-1 blockchains will outperform the market. In a new interview on the Bitcoin Macro YouTube channel, VanEck executive Matthew Sigel says that in the long run, the economic value of the digital assets industry will […] source: https://dailyhodl.com/2024/09/12/bitcoin-and-one-or-two-layer-ones-will-outperform-market-says-matthew-sigel-here-are-his-top-altcoin-picks/

Global asset management company Grayscale Investment announced on September 12 that it had created and made the Grayscale XRP Trust public. The Grayscale XRP Trust is a closed-end fund that will allow accredited investors to explore and learn more about XRP without dealing with the risks of buying and holding the crypto. source: https://www.cryptopolitan.com/grayscale-launches-the-grayscale-xrp-trust/

The Manifest orderbook was developed by founders from Mango Markets, Dual Finance, and CKS Systems. source: https://www.nftgators.com/ks-systems-launches-fee-less-on-chain-orderbook-on-solana/

SUI outperforms the bulk of the crypto market with a strong double-digit gain, but is the rally sustainable? source: https://cointelegraph.com/news/sui-leads-the-crypto-market-with-a-27-weekly-gain-what-is-behind-the-momentum?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The country's monetary authority has announced key dates and integration plans for the digital currency. source: https://dailycoin.com/russia-sets-timeline-for-digital-ruble-rollout/?utm_source=cryptopanic&utm_medium=rss

Ionic Mining has revealed its wallets and retained rewards. The new mining entity took over from Celsius Network after the bankruptcy agreements came into force in February 2024. source: https://www.cryptopolitan.com/arkham-identifies-the-wallets-of-ionic-digital-heir-of-celsius-networks-mining-operations/

The last 48 hours have been very interesting for the crypto-space! source: https://ambcrypto.com/heres-what-happened-in-crypto-today-bitcoin-solana-and-more/

Recent analysis shows that Shiba Inu’s (SHIB) recovery prospects are closely tied to the broader altcoin market, which has seen prices plunge for months. However, if a consistent price increase occurs, the meme coin might also benefit from it. Here is how. Shiba Inu Continues to Struggle with FUD n March, Shiba Inu’s price surged to a yearly high of $0.000035, generating... source: https://beincrypto.com/shib-price-may-not-rise/

تستمر اليونان في شق طريقها ببطء نحو مشهد الذكاء الاصطناعي المزدهر في أوروبا، معلنة عن خطط جديدة لبناء مركز بيانات في البلاد. حيث قالت شركة Data4 في 12 سبتمبر (التي تتخذ من باريس مقراً لها)، أنها تخطط لاستثمار ما يقارب 300 مليون يورو (331 مليون دولار) في تطوير مركز بيانات جديد في بايانيا، وهي منطقة […] source: https://arabeum.net/%d8%a7%d9%84%d9%8a%d9%88%d9%86%d8%a7%d9%86-%d8%aa%d8%ae%d8%b7%d8%b7-%d9%84%d8%a5%d9%86%d8%b4%d8%a7%d8%a1-%d9%85%d8%b1%d9%83%d8%b2-%d8%a8%d9%8a%d8%a7%d9%86%d8%a7%d8%aa-%d8%a8%d9%82%d9%8a%d9%85%d8%a9-33/

本文从比特币编程的可行性与演进路径入手，系统探讨了比特币在去中心化金融（BTCFi）领域的潜力与挑战。

The direction of self-transcendence is "self → the world". Ultimately, this real world that has left my mark is regarded as the continuation of my individual life.

Golden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.

US dollar, cryptocurrency, is de-dollarization good or bad for cryptocurrency? Golden Finance, the rise of BRICS countries and maintaining their status as global reserve currencies, etc.

In 2022, when North Korea's encryption business was at its peak, it earned $1.65 billion in a single year. Almost half of the cryptocurrency on the entire Internet was stolen by North Korean hackers.

Mining industry confidence in Bitcoin continues to grow recently, with hash rates continuing to hit new highs. However, on-chain transaction volumes have been sluggish recently due to a clear lack of confidence in the market among investors.

There have been many controversial voices in the industry surrounding the development and current status of Ethereum.

OP_CAT, why is it doomed to fail to enable OP_CAT's native token on Bitcoin? Golden Finance, 4 reasons why CAT tokens are unlikely to succeed

Brazil's "Operation Niflheim" seizes $1.6 billion, dismantling a vast cryptocurrency fraud and money laundering network with international ties.

Residents near Granbury, Texas, are protesting Constellation Energy's plan to build a new power plant due to ongoing noise pollution and health issues from Marathon Digital’s nearby Bitcoin mine. The proposed power plant expansion would significantly increase air pollution, exacerbating local concerns about environmental and health impacts.