Ondo Finance Announces Lower Minimums for Instant OUSG Transactions | Cryptocurrency Trends

1. Mainstream Exchange Trends:

• Bybit to list Catizen (CATI) for spot trading on September 20. Catizen boasts over 2.2 million Telegram Premium users and more than 2 million active on-chain users, making it the application with the highest-quality users in the TON ecosystem.
• Bitget launches a new CandyBomb promotion with a prize pool of 412,500 MetaCene (MAK) from September 5, 8:00 PM – September 12, 8:00 PM (UTC+8).
• Upbit announces the addition of the BIGTIME/KRW trading pair.
• Bithumb to open KRW pairs for JitoSOL (JTO) and EtherFi (ETHFI) on September 5, 5:00 PM (KST).

2. Cryptocurrency Trends:

• Ethereum Foundation AMA: DA projects like Celestia cannot match the Ethereum mainnet in terms of security, and blobs will not impact Ethereum revenue.
• CARV, a modular data layer platform, announces that a long-awaited airdrop is imminent. To ensure fairness, it introduces the Witch Surrender Mechanism, allowing users involved in witch attacks to self-report within 14 days to retain 15% of their original token allocation without facing penalties.
• StarkWare announces a partnership with sCrypt to explore building Bitcoin and L2 specification bridges using a PoC bridge design based on OP_CAT and ZK magic.
• Ondo Finance announces a reduction in the minimum limit for immediate OUSG transactions. The previous investment requirement of $100,000 has been lowered to $5,000 for both minting and redemption.
• Andrei Grachev, co-founder of DWF Labs, has announced on X that he has completed the design of his synthetic stablecoin. DWF Labs' synthetic stablecoin will accommodate various forms of collateral, including popular stablecoins like USDt, USDc, DAI, USDe, BTC/ETH, select blue-chip tokens, and a limited number of long-tail altcoins.
• German industrial giant Siemens AG has issued a €300 million ($330 million) digital bond on the blockchain as part of a European Central Bank (ECB) experiment, according to CoinDesk.
• Programmable privacy network Aleo announces the recipients of its incentive program airdrop and the token claim process. The airdrop will be available to eligible participants once the mainnet is launched.

3. Financing Trends:

• E-PAL, a Web3 gaming social companion platform, raises $30 million in a funding round led by A16Z and Galaxy Interactive.
• PuffPaw, an electronic cigarette blockchain platform, secures $6 million in seed funding led by Lemniscap Ventures. PuffPaw will operate on the Berachain network.

4. Regulatory Trends:

• According to a report from the China Police Department, the Public Security Bureau of Wuhe County, Anhui Province, carried out thorough research, precise judgment, and prompt actions to successfully dismantle a network that used virtual currency trading platforms as a front for score-based money laundering. Three suspects were subsequently arrested.