Odaily News Blockchain gaming platform Oasys announced that it will make a major upgrade to its Layer 1 (Hub Layer) in September. The v1.5.0 update will reduce the block time from 15 seconds to 6 seconds, aiming to improve network performance and user experience to accommodate the growing activities on the Verse Layer. Oasys said that shortening the block time will double the processing power per unit time of the Hub Layer, helping to support the growing number of users, games, and applications. However, faster block generation may lead to increased operating costs for validators.

Odaily News Binance’s Tokocrypto announced that it has successfully obtained a Physical Crypto Asset Dealer (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Authority (Bappebti), making Tokcrypto the third exchange in Indonesia to receive the PFAK license. This milestone highlights Tokocrypto and Binance’s commitment to regulatory compliance and marks a critical moment in the development of Indonesia’s crypto asset industry. Binance CEO Richard Teng congratulated Tokocrypto and all parties involved in this significant achievement. Richard said: “This milestone is a testament to Tokocrypto’s unwavering commitment to regulatory excellence and its vision of building a strong and transparent crypto ecosystem in Indonesia. Binance is committed to fully supporting Tokocrypto in its mission to drive the development of the region’s Web3 ecosystem.” Tokocrypto’s user base has exceeded 4.5 million this year, with trading volume up 170% compared to 2023.

Odaily News Tiff, Director of Marketing Development of ME Foundation, confirmed to attend the annual FAT Awards 2024 hosted by Odaily, co-hosted by Bitget, and co-supported by ArkStream Capital, Megabit, Mizu, AIAChain, etc. Odaily FAT Awards 2024 will be held during TOKEN2049, inviting leading institutions, first-line projects, and hot ecology to bring sharp perspectives and the latest trends to reveal the most influential, creative, and forward-looking industry leaders and top institutions for the Web3.0 market; creating a social occasion for everyone to express freely and build an industry ecology together. Time: September 16th Location: Conrad Centennial Singapore Singapore Conrad Hotel Please click on the original link to participate in the registration directly.

Odaily News According to data from the SunPump platform, the platforms Meme coin WHALE has increased by 9,052.45% in 24 hours, and its current market value exceeds 8 million US dollars. WHALE is a popular Meme token on the SunPump platform, with a price of 0.05128 US dollars and a trading volume of more than 24 million TRX in the last 24 hours.

Odaily News According to official news, Megabit, a world-renowned digital currency trading platform, will participate in the TOKEN2049 Summit from September 18 to 19, and will officially announce its brand upgrade at the surrounding conference. As the worlds leading digital asset exchange, Megabit has always been committed to providing users with safe and efficient trading services. This brand upgrade marks its entry into a new stage of development. Since its establishment in 2019, Megabit has won wide recognition in the industry with multiple financial regulatory licenses, a leading technical team, and strict security measures. At TOKEN2049, the worlds top encryption industry event, Megabit will show the industry its latest brand strategy and innovation results, and further consolidate its leading position in the global digital asset trading market.

Odaily News XT will soon list BULL (Tron Bull) and open the BULL/USDT trading pair in the Innovation Zone (HOT COIN).

Odaily News CryptoQuant analyst Amr Taha wrote that the net outflow of derivatives exchanges exceeded 40,000 ETH in recent days. This may indicate a reduction in ETH selling pressure or a reduction in the amount of borrowing for new short positions. Note: The net flow of ETH on derivatives exchanges is calculated as the difference between inflows (ETH deposited in the exchange) and outflows (ETH withdrawn from the exchange).

Odaily News According to OKX market data, BTC rebounded and broke through 55,000 USDT and is now trading at 55,128 USDT, up 1.26% in 24 hours.

Odaily News According to official news, OKX is about to launch CATI (Catizen), the specific schedule is as follows: CATI deposit opening time: September 9th 9:00 pm (UTC+8) CATI call auction time period: September 20th 6:00 to 7:00 pm (UTC+8) CATI/USDT spot trading opening time: September 20th 7:00 pm (UTC+8) CATI withdrawal opening time: September 21st 6:00 pm (UTC+8).

Odaily News According to Dune dashboard data, Friend.tech has generated approximately $89.29 million in fees since its launch, of which $44.67 million was allocated to creators and the rest belongs to the Friend.tech team. Industry insiders pointed out that after operating for nearly a year and earning approximately $45 million in fees, the team chose soft rug. Earlier news reported that the Web3 social platform Friend.tech gave up control of the smart contract in the early morning of September 8, 2024.