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🚨$GMX TO COMPENSATE USERS AFTER $42M EXPLOIT 🔹$44M in $GLV tokens to affected Arbitrum $GLP holders 🔹Includes $2M from treasury funds 🔹Eligible users get GLV [BTC-USDC] & GLV [WETH-USDC] 🔹Extra $500K incentive pool for holding GLV 3+ months
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🪙🚀Another ATH for $BNB 🎉
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🚨TAYLOR SWIFT’S ‘SHOWGIRL’ ALBUM CELEBRATES ERAS TOUR JOY 🔥Taylor Swift says her upcoming album The Life of a Showgirl, out October 3, channels the exuberance of her record-breaking $2B Eras Tour. 🔹Recorded partly in Sweden mid-tour, the 12-track release features upbeat melodies, vivid lyrics, and a title track with Sabrina Carpenter. 🔹Tracks like “Elizabeth Taylor” and “Actually Romantic” mark a vibrant shift from her previous album The Tortured Poets Department. Source: Reuters
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🚨Dragonfly investor Omar said a 100 bps rate cut would slash Circle's annualized revenue by $618M (-23%), gross profit by $303M (-30%), and margins by 3.3 points, raising its valuation from 42x EV/annualized gross profit to 60.4x (~50% higher). 🚨To offset the impact, USDC supply would need to grow by $28B (44% of the current $64B). 🔥He noted rate cuts are inevitable, explaining yesterday’s ~$1.5B share sale and Circle's push to launch transaction flow monetization products like CPN and Circle Chain.
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🔥These are the top 10 largest commercial #banks in the world based on the total assets: 1. 🇨🇳 ICBC: $7.10 trillion 2. 🇨🇳 Agricultural Bank of China: $6.18 trillion 3. 🇨🇳 China Construction Bank: $5.90 trillion 4. 🇨🇳 Bank of China: $4.96 trillion 5. 🇺🇸 JPMorgan Chase: $4.36 trillion 6. 🇺🇸 Bank of America: $3.35 trillion 7. 🇬🇧 HSBC: $3.05 trillion 8. 🇫🇷 BNP Paribas: $2.81 trillion 9. 🇯🇵 Mitsubishi UFJ: $2.72 trillion 10. 🇫🇷 Crédit Agricole: $2.69 trillion
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