Conor McGregor accuses Khabib Nurmagomedov of scamming fans with $4.4 million NFT sale

Conor McGregor, the former UFC champion, attempted to engage Khabib over NFTs but faced a rebuttal from ZachXBT. This incident follows McGregor's unsuccessful launch of his celebrity memecoin, REAL, in April, which failed to attract interest.

Tether has responded to S&P Global Ratings' downgrade of its stablecoin USDT to the lowest score, emphasizing its substantial assets, including $135 billion in Treasuries and $13 billion in profit, as well as its critical role in global payments.

S&P Global has downgraded Tether's stability rating for its USDT stablecoin to the lowest level, citing concerns over reserve exposure and governance issues. This downgrade reflects growing apprehensions regarding Tether's financial practices and asset management, particularly in light of its increasing vulnerability to market fluctuations, especially in Bitcoin prices.

Upexi has successfully raised $23 million to expand its treasury holdings in Solana (SOL), aiming to acquire additional SOL tokens and enhance its digital asset portfolio. This strategic move reflects Upexi's commitment to strengthening its position in the cryptocurrency market.

Tom Lee, co-founder of Fundstrat, has identified $2,500 as a critical exhaustion point for Ethereum sellers, suggesting that a dip to this level could present a significant buying opportunity. This prediction comes amid a broader market correction that has affected various cryptocurrencies, including Ethereum, which has seen fluctuations in its price recently.

PayPal has launched a Bitcoin raffle for US users, offering weekly prizes of up to $100,000 through purchases or mail-in entries until December. This initiative aims to engage users in the cryptocurrency space and promote the use of Bitcoin within its platform.

DDC Enterprise has acquired an additional 100 Bitcoin, increasing its total holdings to 1,183 BTC. This strategic purchase underscores the company's commitment to utilizing cryptocurrency as a long-term reserve asset amidst fluctuating market conditions.

Grayscale has filed for the first Zcash ETF in the U.S., a move aimed at broadening access to privacy-focused cryptocurrencies and potentially enhancing institutional adoption of digital assets. This filing comes amid a significant rally in Zcash's price, which has surged over 1,500% this year.