According to BlockBeats, on September 10, the Financial Times reported that Elon Musk might face a summons from the UK Parliament due to his role on the X platform. The social media giant has become a focal point for members of Parliament, who are pushing for Musk to appear before key House of Commons committee chairs. This move underscores the increasing scrutiny and regulatory interest in the activities and influence of major social media platforms and their executives.

According to Cointelegraph, Plume Network, a blockchain specializing in real-world assets (RWA), is launching a tokenized 'Mineral Vault' to meet the growing demand for high-yielding private assets onchain. Chris Yin, Plume’s CEO, announced the launch on September 9. The Mineral Vault, created by asset manager Allegiance Oil & Gas, represents tokenized mineral interests, a form of real estate that earns royalty revenues from natural resource extraction and sales. The Vault aims to provide financial exposure to resource production like gold, silver, coal, and primarily crude oil and natural gas in the United States, Plume stated in a release shared with Cointelegraph. Tokenized RWAs currently command nearly $12 billion in total value locked (TVL), according to RWA.xyz. Colin Butler, Polygon’s global head of institutional capital, mentioned in August that RWAs could eventually represent a $30-trillion market opportunity globally. Yin highlighted that the fastest-growing segment within RWAs is yield-bearing assets. The highest-TVL RWAs include tokenized US treasury bills and money funds, such as BlackRock USD Institutional Digital Liquidity Fund (BUIDL) and Franklin OnChain US Government Money Fund (FOBXX), which hold approximately $514 million and $443 million in TVL, respectively. Yin noted an increased demand for accessing more private, liquid assets like mineral interests, which are traditionally difficult to access but offer yields upward of 10%, paid out in stablecoins. He added that the natural evolution is to move slightly upstream where products provide extra yield. Plume aims to develop an RWA-centric ecosystem, dubbed RWAfi, to imbue real-world assets with the same properties as crypto-native assets. This includes using RWA tokens as collateral for loans and other decentralized finance use cases. Yin explained that $10 worth of tokenized mineral interests could be worth 1.5-2x more if properly collateralized and borrowed against within Plume’s RWAfi ecosystem, unlocking more liquidity and yield for the end-user. Plume launched its testnet in July in partnership with data availability layer Celestia and is not yet live on mainnet.

Toncoin rebounds above $5 after Pavel Durov’s release and public reassurance. Trading volume has surged by over 148%, boosting interest in both spot and futures markets. Resistance at $5.51; a breakout could push TON to its next target of $6.19. Toncoin (TON), the native cryptocurrency of the Toncoin blockchain, has experienced significant volatility in recent […] source: https://coinjournal.net/news/toncoin-bounces-back-above-5-with-next-target-at-6-19/

Tether, the issuer behind the USDT stablecoin, has invested $100 million to acquire a 9.8% stake in Adecoagro, a major agricultural firm in Latin America. source: https://cryptodnes.bg/en/tether-drops-100-million-on-major-agricultural-investment/

Last week, crypto traders in prediction markets for the US presidential election noticed an anomaly. Alleging market manipulation, users claimed that wealthy traders were betting simultaneously in two markets, “slamming bids” in Polymarket’s primary market expiring November 4 in order to “steal a pot of $4 million” in a subsidiary market that expired September 6. […] source: https://protos.com/did-a-polymarket-trader-rig-election-odds-for-a-side-bet/

While Vitalik Buterin may be stepping away from the Layer 2 investment landscape, the sector is far from cooling down as new Ethereum Layer 2 project, Pepe Unchained ($PEPU), has recently surpassed the $12.5 million mark in its ongoing presale. In just over three months, Pepe Unchained has quickly established itself as a solution to […] source: https://cryptonews.com/news/is-vitalik-buterin-funding-pepe-unchained-as-scaling-market-heats-up-new-pepe-raises-12-5m-in-presale/

Widespread corruption led to Bangladesh’s recent student-led revolution, toppling Prime Minister Sheikh Hasina. Blockchains can help secure it by offering greater transparency, says Sharmeen Shehabuddin, Social Media Lead at Consensys. source: https://www.coindesk.com/opinion/2024/09/09/genzs-toolkit-for-a-new-bangladesh-blockchain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin price volatility has been a significant concern among traders and investors as they try to predict the next big move that may lead to a crash. However, the founder of MN Capital has recently spoken out to reassure the company’s investors that such concerns are unwarranted. In his view, the current swings in the […] source: https://www.thecoinrepublic.com/2024/09/09/bitcoin-price-crash-incoming-but-heres-the-silver-lining/

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons. source: https://www.theblock.co/post/315337/the-daily-friend-tech-team-renounces-control-bernsteins-trump-vs-harris-bitcoin-price-prediction-drip-raises-8-million-and-more?utm_source=rss&utm_medium=rss

TL;DR Forbes Web3 will launch a new blockchain-based loyalty platform in collaboration with qiibee foundation later this year. The program will allow users to earn, track, and redeem rewards such as gift cards, donations, and airline miles. Attendees of the Crypto Carnival in Singapore will get a preview of the platform and receive FOR3 points ... source: https://crypto-economy.com/forbes-web3-introduces-blockchain-rewards-program-with-amazon-apple-and-more/

Judging from the ups and downs of Ethereum in the past, what is important is not whether there is a crisis, but whether Ethereum can continue to solve the problems encountered in the development process.

CZ, Justin Sun, Durov... Every founder of the crypto ecosystem has been swept up in the huge waves of the market, some have called the shots, some have been thrown into jail, some have changed their identities, and some have left their hometowns. The story of capital continues...

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

This article will provide a systematic report on the staking and re-staking space and its ecology, as well as the investment logic and opinions we have accumulated from our investment layout in this field.

What applications are there on the Ton network? Who are its users?

Interest rate cut, crypto market, after the September interest rate cut, the outlook for US interest rates remains unclear. Golden Finance, the economic data released in October will determine the Fed’s next move.

Most L2s will always remain centralized because their incentives are perverse.

Using stablecoins in international trade would make Russian businesses more vulnerable to further restrictions

Recommended readings tonight: 1. Why is marketing "crypto" so difficult: Crypto is facing an identity crisis; 2. a16z: A must-read list for crypto builders and founders in 2024; 3. Messari: The latest progress of TON mini-games;

Marketing crypto is a bit like trying to explain the internet in 1995—everyone knew it was supposed to change the world, but no one could say exactly how or when.