TRON Q3 Revenue Reaches All-Time High of $577 Million.

TRON network revenue in Q3 2024 has reached a new all-time high of $577.2 million. The network's revenue for the last month is almost $198 million, and for the year - more than $1.66 billion.

The project's founder Justin Sun noted that revenue in Q3 is 43% higher than in Q2. In addition, he predicted that revenue will grow in the next 90 days.

Note that the blockchain received $429.5 million (74%) of revenue from staking, and another $147.6 million (26%) from burning.

 

GLOBAL BANKING NETWORK SWIFT TAKES A STEP TO BRING DIGITAL CURRENCIES INTO THE BROAD FINANCIAL SYSTEM.

The global banking messaging network SWIFT will trial real-time transactions of tokenized assets and digital currencies next year, the latest step in the slow integration of such assets into the wider financial system, Reuters reports.

Banks and asset managers have been exploring the “tokenization” of traditional assets such as bonds for several years.

They hope that by using digital units – typically blockchain-based tokens that represent a fraction of the underlying asset – trading could become faster, cheaper and more efficient, including by cutting out the middlemen involved in many trades.

But they have yet to gain significant market adoption.

 

HBO has promised to reveal the identity of Bitcoin creator Satoshi Nakamoto in a new documentary.

HBO will release a documentary about the creator of Bitcoin, hiding under the pseudonym Satoshi Nakamoto. The project, titled Money Electric: The Bitcoin Mystery, promises to reveal his true identity. This was reported on the official HBO website.

The trailer for the upcoming film, which will premiere on October 8, was published on the YouTube channel of the American TV channel.

The director of the project is Cullen Hoback. "The documentary offers a gripping investigation that spans the entire globe. Hoback talks about key market players, reveals previously unseen details, and humorously unravels the meteoric rise of Bitcoin," the synopsis says.

According to Politico, if the film's findings are found to be true, HBO's investigation could send shockwaves through global financial markets and even influence the outcome of the US presidential election, given that Republican candidate Donald Trump has secured support from Bitcoin enthusiasts.

 

Arthur Hayes Lost ~$47,000 on Meme Token Price Drop.

Former head of the BitMEX cryptocurrency exchange Arthur Hayes, who recently had a positive outlook for the meme coin market, suffered an unrealized loss of $47,000 as a result of trading two coins. This was noted by analysts at Spot On Chain.

On September 27, Hayes spent $503,000 to buy 24.39 billion PEPE ($230,000) and 167.5 billion MOG ($223,000). On October 2, he transferred all the coins to the Binance and Bybit exchanges.

 

During this time, the total value of meme coins in his account fell to $460,000. Thus, if he sells the tokens, the loss will be $47,000.

 

Lamborghini to Create Digital Car Versions for Games.

Luxury car maker Lamborghini has announced the Fast ForWorld Web3 platform, which will allow the company's cars to be used in blockchain games like REVV Racing and Torque Drift 2.

The company has partnered with gaming company Animoca Brands to create a digital platform for collecting Fast ForWorld.

Motorverse, a subsidiary of Animoca Brands that manages the digital car ecosystem, will be involved in the development.

The new solution will allow gamers to buy, sell, and drive Lamborghinis in a range of games.

 

Forbes: Changpeng Zhao "earned" $25 million a day in prison.

Binance co-founder and former CEO Changpeng Zhao (CZ) has seen his fortune increase by about $3 billion while in prison, according to Forbes.

This means that the entrepreneur "earned" about $25 million for every day of his 117-day imprisonment, Protos noted.

On April 30, the court sentenced Zhao on charges of money laundering and other illegal activities. Prior to this, as part of a deal with the US Department of Justice, he agreed to pay a fine of $50 million and resign as CEO of the exchange.

On June 1, CZ arrived at a federal prison in Lompoc, California, USA to serve a four-month sentence. He was supposed to be released on August 29, but he was released two days early because the set date fell on a weekend.

 

OpenAI Introduces Voice Mode Customization for Developers.

OpenAI has announced several new tools, including a public beta of the Realtime API for creating apps with low-latency voice responses, TechCrunch reports.

The new feature allows developers to create real-time voice conversations in their apps with support for up to six voices.

Head of Development Romain Huet showed an example of a travel planning app that allows you to verbally communicate with an AI assistant.

Other OpenAI announcements include a customization of the AI ​​“vision” that will help developers improve the visual understanding of the neural network.

The feature for using larger models like o1-preview and GPT-4o to train smaller ones is also presented.

 

Prices of TON ecosystem tokens added to Binance have fallen by 30-50%.

The TON ecosystem tokens launched on Binance have faced massive sell-offs. Relative to ATH, the drop in quotes has reached 30-50%. Over the past 30 days, DOGS has fallen by 38.77%, HMSTR by 47.08%, and CATI by 37.08%.

The negative dynamics were caused by the reaction to the updated rules for distributing tokens of the Hamster Kombat gaming project.

On the first day, users were able to receive only 88.75% of the allocated amount of HMSTR. The remaining coins were reserved until July 2025.

 

In addition to unexpected vesting, the developers gave significant preference to referral leaders and large holders of in-game keys when distributing tokens.

About 2.3 million of the total number of users were excluded from the drop for cheating.

The hashtag #boycotthamsterkombat has entered the X trends.

Recall that the Hamster Kombat team announced the completion of the first stage and the beginning of the intermediate one, during which players will be able to earn diamonds.

 

Trumps' crypto project opens KYC for token sale.

The crypto project World Liberty Financial, supported by Donald Trump, has opened verification on the official website.

At the moment, the platform is not available in all countries.

Users are invited to select the United States or another country as their jurisdiction, connect a wallet and start the KYC procedure.

In September, the Trump family officially presented their cryptocurrency project - World Liberty Financial. It is known that it will offer cryptocurrency borrowing and lending services on the Ethereum network.

It is planned to sell a non-transferable WLFI governance token, which does not imply any economic rights. 62.66% of the coins will be distributed through a token sale.

Recall that in August, Trump announced a plan designed to help strengthen the US leadership in the cryptocurrency field.