Hello,Crypto’s killer application is already here in the form of stablecoins. In 2023, Visa did close to $15 trillion in transaction volume. Stablecoins did about $20.8 trillion in total transaction volume. Since 2019, $221 trillion in stablecoins have been exchanged between wallets.Over the past few years, the equivalent of global GDPs has been moving through our blockchains. Over time, this capital has accumulated in different networks. Users switch between protocols for better financial opportunities or lower transfer costs. With the arrival of chain abstraction, users may not even know they are using a bridge.

PvP, or “player vs. player,” is a phrase used often by shitcoin traders to describe this current market cycle. The sentiment it evokes is predatory, where winning comes at the expense of others. That is so TradFi. The express purpose of the crypto capital markets is to allow those who risk their precious capital to enjoy the fruits of being “early” into projects that hopefully will grow apace with Web3. But oh, how we have strayed from the enlightened path laid down for us by Lord Satoshi and then subsequently Archangel Vitalik with his very successful Ether initial coin offering (ICO).

Over the past few months, the Synthetix Protocol has undergone significant developments and faced a range of challenges as it continues to expand and evolve. In this report, we will explore some of the key highlights, such as the successful migration to V3, new market launches, and governance updates. We’ll also dive into the challenges that have surfaced, particularly around liquidity, integration delays, and governance complexities. Let’s take a closer look at both the achievements and obstacles during this transformative period.

Former US President Donald Trump has declined an invitation from Fox News to participate in a second presidential debate with Vice President Kamala Harris on either October 24th or 27th. Trump stated that there will be no more debates before the November 5th election. Harris had previously accepted an invitation from CNN for a debate on October 23rd, while Trump had declined. Following their first debate on September 10th, polls currently show a tight race. Trump stated through Truth Social, "There will be no rematch, so there is nothing to debate."

US Republican presidential candidate Donald Trump said in a statement to overseas voters that he will terminate the collection of income tax from Americans living in other countries. This is the latest tax proposal in his 2024 election campaign. This commitment can simplify the tax obligations of American citizens living overseas. Americans living anywhere in the world must submit tax information to the US Internal Revenue Service and must pay US taxes in addition to paying taxes in their country of residence. This commitment requires congressional approval and, according to the US State Department, could potentially reduce the tax bills of approximately 9 million Americans living overseas. (Jinshi)

$147m Outflows Amid Weaker Sentiment; Multi-Asset Products Inflows for 16th Straight Week

Sometimes I get obsessed about certain topics to the point where I can’t stop reading about them and every adjacent topic required to understand that topic. The Japanese Yen has been the beneficiary of my passionate love for the past few months. Ask any of my friends and they’ll tell you how annoying I can be about it if you trigger me about it. Rather than re-explaining it all multiple times I thought why not just write an article to consolidate my knowledge into one blog post. This is that post.

Despite the arrival of the National Day holiday, PermaDAO’s momentum has never slowed, with 75 dedicated members continuing to stay highly active. Through focus and passion, they drive the creation of daily highlights and high-quality news.

Explore colorful Indian wallpaper designs like Krishna, Warli art, Lotus patterns, and Mughal gardens to add a touch of tradition and elegance to your space.

索引器们讨论了迁移到新的支付系统（TAP）的问题，表示需要等待下一次索引器代理发布后再进行迁移，并解释了为什么不是所有人都应该同时迁移。他们还讨论了索引器文档的状态，以及需要有一个地方可以获取与发布版本相匹配的最新信息。IOH欢迎了两位新成员，并听取了他们到目前为止在索引方面的经验。