Pudgy Penguins’ Abstract becomes second Ethereum layer 2 to shut in a week

The consumer-focused blockchain will close Dec. 15 after Igloo spent tens of millions supporting it, days after Blast said its own network was no longer worth operating.
Solana DvP settlement requires 100% upfront cash for every trade

The published design of Solana’s new institutional settlement program requires the full cash and asset legs of a trade to be available before it can execute the trade. Its atomic transaction can prevent a buyer from paying without receiving the asset, but the program supplies neither the cash nor the financing needed to reach that […]
U.S. Spot Bitcoin ETFs Draw $119 Million in Net Inflows on Oct. 6
Blackrock IBIT led individual funds with $122 million in inflows, while the Grayscale Bitcoin Mini Trust ETF posted the largest outflow.
Ether Spot ETFs Post $202 Million Outflow for Sixth Straight Day
BlackRock’s ETHA recorded the largest daily outflow, while total net assets remained at $17.356 billion.
TSMC Expands U.S. Investment to $265 Billion as AI Supply Chains Shift
The company plans four more advanced fabs in the United States, while Taiwanese technology companies expand AI-server supply chains across Southeast Asia.
Whale Alert Confirms Transfer of $120M USDT from Bitfinex
Whale Alert has reported a substantial transfer of $120 million USDT from Bitfinex to Tether Treasury, as detailed in their recent tweet here. This movement indicates possible shifts in liquidity, although it may not be enough to trigger significant market trends. Traders should keep an eye on how this impacts overall market dynamics moving forward. […]
Cardano Proposal Enables Programmable Tokens to Freeze and Seize Assets
CIP-0113 adds programmable transfer rules for regulated assets, including compliance checks, freezes and forced transfers without a Cardano hard fork.
Ray Dalio warns AI bubble is nearing its bursting point as rates rise

Rising interest rates and debt reliance could trigger financial strain in the AI sector, echoing past market bubbles’ collapse patterns. The post Ray Dalio warns AI bubble is nearing its bursting point as rates rise appeared first on Crypto Briefing.
Claude’s $200 Plan Has $11,726 in Estimated API Value at Full Use
A usage test found the Claude Max 20x plan offered 5.6 times the estimated API value of ChatGPT Pro 200 when focused on their everyday-use models.
Binance Ether Perpetuals Show $9.64 Million Bid Advantage
Ether traded near $2,610.05 as Binance’s perpetual market posted the largest bid-ask gap among the venues measured.