Vice President Kamala Harris has turned her attention to California this weekend, participating in fundraising events in San Francisco and Los Angeles, aiming to consolidate her financial lead over her Republican rival, Donald Trump.
At an event in San Francisco, Kamala Harris acknowledged the intensity of the presidential race, describing the race as “as close as it could be.”
Harris is seeking key support from leaders in Silicon Valley and Hollywood, strategic sectors for her campaign. Meanwhile, Trump is also targeting the same influential donors. With the race in key states remaining extremely tight, financing plays a crucial role in ensuring a competitive advantage.
This economic effort is vital for Kamala Harris, who told attendees that, despite her current lead in the polls, the race remains very uncertain.
Bitcoin-impulsa-ingresos-record-en-etf-al-contado-en-estados-unidos”>Bitcoin Drives Record Inflows into US Spot ETFs
Spot Bitcoin exchange-traded funds (ETFs) in the United States have raised more than $1.1 billion in the past week, marking a record in inflows since July. September 27 stood out with $494.4 million, being the best day since June 4, according to data from Farside Investors.
BlackRock’s iShares Bitcoin Trust led with $499 million, followed by the ARK 21Shares Bitcoin ETF and the Fidelity® Wise Origin® Bitcoin Fund. The surge in flows is partly attributed to the Federal Reserve’s rate cut on September 18, which boosted the price of Bitcoin by 13.8% to $65,800.
Ethereum also saw growth, with $85 million in inflows into its spot ETFs, its largest inflow since August.
Bitcoin Drives Resurgence in Coinbase Popularity Among Retail Traders
Bitcoin is regaining ground among retail traders, as new data shows that suggests an increase in app downloads from Coinbase, the largest Cryptocurrency exchange in the United States. According to Bitcoindata21 analysis shared on X, Coinbase’s popularity is on the rise after months of inactivity.
A chart of Coinbase App ranking on the apple iOS store.
Pink line = daily ranking
Black line = 7 day moving average
Red line = no.1 on app store
Green line = no.175 (above this is bullish sentiment)
Just like the previous cycle, the green line was not tested until all time highs… pic.twitter.com/Qa0oy6Wwnh
— bitcoindata21 (@bitcoindata21) September 18, 2024
The graph reveals that Coinbase has once again positioned itself among the 500 most downloaded applications in the Apple AppStore. Which correlates with the recent Bitcoin price rally. On September 28, the app reached number 385, reflecting renewed user interest.
During previous bull markets, Coinbase made it into the top 175 apps, even hitting the No. 1 spot in December 2017 and April and November 2021, when Bitcoin was testing all-time highs. Now, with BTC hovering around $66,000, retail traders appear to be returning to the market.
Onyx suffers a second attack for $3.2 million on its DeFi protocol
DeFi protocol Onyx, a fork of Compound Finance, was the victim of an attack that resulted in a loss of $3.2 million last Thursday. This is the second security incident the protocol has faced in the last year.
According to security company Fuzzland, a malicious contract was deployed on Onyx minutes before the attack. Other firms such as PeckShield and Cyvers also detected suspicious transactions on OnyxDAO before the exploit was executed.
Most of the losses were concentrated in the VUSD stablecoin, although the attacker also owns 521 ETH, valued at approximately $1.36 million, according to Cyvers. PeckShield indicated that the attack exploited a vulnerability in the Compound V2 codebase, affecting various cryptocurrencies, including VUSD, DAI and Tether.
This incident follows the attack in October last year, when Onyx lost $2.1 million due to a similar vulnerability in its code.
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