In partnership with

Happy Monday All!

Here are 5 Things to Know in Crypto This Week… 👇💡

Market Dips Amid Second Trump Assassination Attempt, Fed May Cut Rates by 50 bps this Week 📣

• Crypto Market Reaction: Bitcoin fell 4% to below $58,000 and ether dropped nearly 5% to under $2,300 amid reports of a second assassination attempt on Donald Trump. Analysts suggest the dip may be more related to broader market movements and pre-FOMC meeting jitters.

• Fed Rate Cut Expectations: The Federal Reserve is expected to cut interest rates by 50 basis points at the upcoming FOMC meeting, with a 65% probability according to CME FedWatch. Analysts predict this could boost bitcoin and DeFi yields.

• View Full Article

Degens Throw In-Flight Party En Route to Token2049 🎉

• Crypto enthusiasts flying to the Token2049 conference threw a party on a Qatar Airways flight from Dubai to Singapore.

• Videos surfaced showing passengers dancing, singing, and a musician playing the guitar in first class.

• The 10-hour party was organized by crypto startup Redacted, featuring notable prizes including a UAE Golden Visa, F1 Grand Prix tickets, and NFTs.

• View Full Article

DeFi Protocol DeltaPrime Suffers $6 Million Loss in Private Key Exploit 🔐

• DeltaPrime, a DeFi protocol on the Arbitrum network, suffered a $5.93 million loss due to a private key exploit, as reported by cybersecurity firm Cyvers.

• The attacker gained control of an admin key, allowing them to update the proxy smart contract and drain funds from DeltaPrime’s liquidity pools.

• Affected liquidity pools included USDC, ARB, and BTC, with the attacker converting tokens to Ethereum (ETH).

• View Full Article

Circle Partners with Sony’s Blockchain Lab on USDC Expansion 🎮

• Circle has partnered with Sony Block Solutions Labs to expand USDC adoption on Sony’s layer-2 blockchain, Soneium.

• The collaboration aims to integrate Circle’s Bridged USDC Standard, making USDC a primary token for value exchange on Soneium.

• Soneium, a public Ethereum layer-2 blockchain, was launched in August 2024 by Sony Block Solutions Labs, a joint venture with Sony Group Corporation and Startale Labs.

• View Full Article

Magic Eden Having ‘Best Year Ever’ Despite NFT Market Slump: CEO 🚀

• Despite a significant slump in the NFT market, Magic Eden is experiencing its best year ever, according to CEO Jack Lu.

• Magic Eden, which launched in September 2021, initially offered only Solana NFTs but has since adopted a multi-chain approach, supporting Bitcoin, Ethereum, Polygon, and Base.

• The NFT market has seen a 91% drop in trading volumes since Magic Eden's inception, yet the platform has captured a 70% share of revenue in the NFT market.

• Magic Eden's success is attributed to its focus on content and convenience, making it a one-stop shop for digital assets.

• View Full Article

Thank you for reading this edition of Digital Asset Insights!

🦾 Master AI & ChatGPT for FREE in just 3 hours 🤯

1 Million+ people have attended, and are RAVING about this AI Workshop.
Don’t believe us? Attend it for free and see it for yourself.

Save your spot here. (100 free spots only)

Highly Recommended: 🚀

Join this 3-hour Power-Packed Masterclass worth $399 for absolutely free and learn 20+ AI tools to become 10x better & faster at what you do

👉Save your seat  now (FREE for First 100)

🗓️ Tomorrow | ⏱️ 10 AM EST

In this Masterclass, you’ll learn how to:

🚀 Do quick excel analysis & make AI-powered PPTs 
🚀 Build your own personal AI assistant to save 10+ hours
🚀 Become an expert at prompting & learn 20+ AI tools
🚀 Research faster & make your life a lot simpler & more…

👉 Register here (Offer valid for First 100 people only)🎁