UXLINK: Both CEX and on-chain UXLINK token migration will start next week

PANews reported on September 28 that Cathie Wood, founder and CEO of Ark Invest, said in an interview with "The Master Investor" podcast that she firmly believes that Bitcoin will become the largest cryptocurrency to date. She also shared her friendly disagreement with Fundstrat's Tom Lee, explaining why she believes Ethereum cannot surpass Bitcoin, despite her growing interest in Ethereum and recent purchases of BitMine stock. Wood said she prefers Bitcoin to Ethereum because Bitcoin will continue to expand in scale; it is a rules-based global monetary system, and as Layer 1 that has never been hacked, it is also the first platform to create an entirely new asset class. In contrast, although Ethereum provides support for DeFi, it is facing fierce competition from Layer 2.

The post Circle unveils CCTP V2 for seamless USDC crosschain transfers with Stellar appeared on BitcoinEthereumNews.com. Key Takeaways Circle’s CCTP V2 now supports the Stellar blockchain, allowing direct USDC transfers between Stellar and other networks. CCTP V2 eliminates the need for wrapped tokens or traditional bridges, reducing security risks in cross-chain transactions. Circle’s Cross-Chain Transfer Protocol Version 2 (CCTP V2) now supports Stellar, the decentralized blockchain platform designed for cross-border payments. Today’s integration enables seamless USDC transfers between Stellar and other blockchain networks. CCTP V2 allows users to move USD Coin, the stablecoin pegged 1:1 to the US dollar, across different blockchains without requiring wrapped tokens or traditional bridges that can introduce security risks. Source: https://cryptobriefing.com/circle-unveils-cctp-v2-for-usdc-crosschain-transfers-with-stellar/

The post Tether Pursues Major Private Funding Round with SoftBank Support appeared on BitcoinEthereumNews.com. Key Points: Tether seeks $15–20 billion in private funding for expansion. Potential $500 billion company valuation targeted by Tether. SoftBank and Ark Investments involved in major funding talks. Tether Holdings is reportedly seeking a private funding of $15–$20 billion, with participation from SoftBank Group and Ark Investment Management, potentially valuing the company at $500 billion. This funding round could significantly boost institutional investment in stablecoins, enhancing Tether’s market position, while intensifying scrutiny and impacting related cryptocurrencies like USDT, BTC, and ETH. Tether Eyes $500 Billion Valuation in New Funding Round Bloomberg Source: “Tether is reportedly in discussions for a $15–20 billion private funding round, potentially valuing the company at up to $500 billion. If successful, Tether’s funding round will shift market perceptions of stablecoins by potentially solidifying USDT’s position as a cornerstone asset in crypto trading. The participation of SoftBank and Ark Invest underscores their sustained interest in digital assets and blockchain technology. There have been no official statements from Tether executives or their potential investors regarding the funding round. The absence of direct confirmations has not dampened remarks on social media, where users anticipate significant market shifts. Notable figures have yet to provide public insights on these developments. Market Implications and Regulatory Concerns Surrounding Tether’s Funding Did you know?Past major funding rounds in crypto, such as Circle’s, have increased stablecoin adoption and scrutiny. Tether’s potential $500 billion valuation marks an unprecedented peak in stablecoin history. According to CoinMarketCap, USDT currently trades at $1.00 with a market capitalization of $174.26 billion, dominating 4.62% of the market. Over the past 24 hours, USDT’s trading volume reached $82.34 billion, decreasing by 43.37%. Recent price changes show slight declines, with a 0.01% drop in 24 hours and a 1.90% fall over the past week. Tether USDt(USDT), daily chart, screenshot on CoinMarketCap at 02:54…