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.

Bitcoin bulls are trying to push the price back inside the range, indicating that the markets have rejected the breakdown. source: https://cointelegraph.com/news/price-analysis-9-9-spx-dxy-btc-eth-bnb-sol-xrp-doge-ton-ada?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

يعمل البنك المركزي الروسي، على توسيع البرنامج التجريبي لعملته الرقمية، وسيتم اختبار ميزات جديدة، حيث من المتوقع التنفيذ الكامل بحلول أواخر عام 2025. وبحسب المسؤولين، فإن الطلب على الروبل الرقمي آخذ في النمو، ومن المتوقع أن يتم التكامل الناجح بسبب العقوبات المستمرة. روسيا توسع برنامجها التجريبي للروبل الرقمي أعلن بنك روسيا (البنك المركزي الروسي) في […] source: https://arabeum.net/%d8%b1%d9%88%d8%b3%d9%8a%d8%a7-%d8%aa%d8%af%d8%b9%d9%85-%d9%85%d8%b4%d8%b1%d9%88%d8%b9-%d8%a7%d9%84%d8%b1%d9%88%d8%a8%d9%84-%d8%a7%d9%84%d8%b1%d9%82%d9%85%d9%8a-%d8%a7%d9%84%d8%aa%d8%ac%d8%b1%d9%8a/

According to Chris Yin, investor demand for RWAs is moving “upstream” from tokenized treasury bills to private alternative assets. source: https://cointelegraph.com/news/plume-tokenized-mineral-vault-hunger-rwa-yield-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

A closely followed crypto strategist believes that one decentralized finance (DeFi) altcoin is gearing up for “explosive” rallies. Pseudonymous analyst Altcoin Sherpa tells his 215,400 followers on the social media platform X that the native token for lending platform Aave (AAVE) could soon spark another leg up after trading in a range for weeks. “AAVE’s […] source: https://dailyhodl.com/2024/09/09/trader-says-true-move-coming-for-one-defi-altcoin-turns-bullish-on-sui-and-one-ai-focused-crypto-asset/

Ethereum experiences a sudden spike in interest over the weekend. source: https://dailycoin.com/ethereum-network-growth-surges-to-4-month-high-can-eth-rebound/?utm_source=cryptopanic&utm_medium=rss

The $4.5 billion market cap Litecoin ($LTC), the 24th biggest cryptocurrency on the market, has fallen a percent in the last 24 hours and is now perilously close to slipping the $60 mark as it trades for a few cents higher as of this writing. Litecoin’s price woes come amidst a generally good day for […] source: https://cryptonews.com/news/as-litecoin-falls-to-60-heres-where-investors-are-really-putting-their-money/

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/

null source: https://x.com/DaanCrypto/status/1833203969650241665

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