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Crypto News: OKX Partnership with Circle, CFTC Targets DeFi Protocols, JPMorgan’s Blockchain Development

OKX will help Circle simplify USDC cross-chain transfers, three DeFi protocols at once fell under the CFTC’s sights, the media learned about the new JPMorgan Chase blockchain development in the field of payments – these and other cryptocurrency news on the morning of September 8 in our review.

Behavior of cryptocurrencies – capitalization leaders

Bitcoin (BTC), according to CoinMarketCap, started Friday with a slight increase. As of 05:42 (UTC), the cryptocurrency is trading at $26,235 (1 token in rubles – ₽2,583,139). Bitcoin minimum for 24 hours is $25,608, maximum is $26,414.

Bitcoin price chart. Source: TradingView

You can track the exchange rate of bitcoin in rubles at the link.

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Ethereum, the second largest cryptocurrency by capitalization, also started the day with a slight increase. As of the time of writing the review, the coin is trading at $1645 (1 token in rubles – ₽162,009).

Ethereum price chart. Source: TradingView

In the top 10 most capitalized cryptocurrencies, the best result for the day was recorded by bitcoin (+1.82%). Within the week, Tron grew more actively than others (+2.73%). The largest losses in 24 hours were recorded by Dogecoin (-0.13%). During the week, XRP was losing more actively than others (-1.10%).

Top 10 most capitalized cryptocurrencies. Source: CoinMarketCap

In the top 100 most capitalized cryptocurrencies, the best result for the day was recorded by XDC Network (+5.20%), for the week – by Synthetix (+16.32%). Over the past 24 hours, Toncoin (-1.82%) has been losing in price more actively than others. Gala (-14.68%) recorded the biggest losses for the week.

The main news of cryptocurrencies on the morning of September 8

DeFi protocols Opyn, ZeroEx, and Deridex have been targeted by the Commodity Futures Trading Commission (CFTC). Information about the regulator’s claims to projects appeared on its website. official website.

The CFTC accuses DeFi protocol operators of offering users tools to illegally trade digital asset derivatives. To resolve the conflict, representatives of Opyn, ZeroEx and Deridex will have to pay a fine of $250,000, $200,000 and $100,000 respectively, as well as eliminate the violations identified by the regulator.

Financial conglomerate JPMorgan Chase is exploring the use of a tokenized blockchain deposit system to speed up cross-border payments and settlements. About this, with reference to information received from anonymous sources writes Bloomberg.

According to the anonymous source, JPMorgan Chase plans to secure approval of the project from regulators before launching the token for the settlement system. If the company receives permission, corporate clients of the bank will be able to access the new development within a year.

Recall that the financial conglomerate has been developing blockchain in the field of payments for many years. The company has its own token – JPM Coin.

The popular crypto exchange OKX and the issuer of one of the most capitalized USDC stablecoins, Circle, have entered into a partnership agreement. This information appeared in press release.

As part of the agreement, the OKX decentralized crypto exchange aggregator will integrate the Circle Cross-chain Transfer Protocol (CCTP), thanks to which it will be possible to conduct USDC cross-chain exchange between Ethereum, Avalanche, Arbitrum and OP Mainnet.

Recall that earlier the editors of BeInCrypto wrote that Vitalik Buterin presented an alternative to Tornado Cash.

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2023-09-08 04:27:07
#Cryptocurrency #News #September

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