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The Ras Al Khaimah Region (RAK) in the United Arab Emirates (UAE) has announced the launch of a DAO regulatory framework, the DAO Association Regime (DARe), which will be implemented within the RAK Digital Assets Oasis free zone. The framework will enable DAOs to interact with the off-chain world, such as opening bank accounts and owning on-chain and off-chain assets. — link : Wu Blockchain News
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BitFuFu, a cloud bitcoin mining company affiliated with Bitmain, announced that it will acquire an 80-MW Bitcoin mining facility in Ethiopia, with an average electricity cost of less than $0.04 per kilowatt-hour. After the completion of this transaction, BitFuFu's hosting capacity will exceed 600 megawatts. Most of BitFuFu's mining infrastructure is currently located in the United States. — link : Wu Blockchain News
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JUST IN: Avalanche $AVAX releases Visa card for cryptocurrency payments. : Watcher Guru
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WOOFi Pro - the easiest way to DeFi
Low fees, clean UI, and 1.4m ORDER trading rewards distributed every fortnight *
🖤 Get 20% kickback on fees dex.woo.org/en/trade?ref=UNFOLDED : unfolded.
According to Defillama, the total transaction volume of on-chain perpetual contracts in Q2 and Q3 was US$1,185.7 billion, top three namely Hyperliquid (16.94%), dYdX V3 & V4 (14.37%) and SynFutures (14.11%). Next in line are projects such as Jupiter Perpetual Exchange (6.70%) and Orderly Perps (5.52%). — link : Wu Blockchain News
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⚠️Google Ad for Sony’s Soneium blockchain exposed as crypto wallet drainer, warns Scam Sniffer. - 𝕏/@realScamSniffer : Leviathan News
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Sky considers further brand identity changes, with a return to MakerDAO on the table amid community feedback and confusion over SKY token utility. - The Block : Leviathan News
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South Korea’s largest cryptocurrency exchange, Upbit, announced that it will list UNI on its KRW and USDT markets, with trading set to open at 15:00 on October 22. Previously, Upbit had already listed the UNI/BTC trading pair. Following this announcement, UNI saw a short-term increase of over 5.2%, with the current price at $8.31 and a fully diluted valuation (FDV) of $8.31 billion. — link : Wu Blockchain News
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According to Lookonchain, the Fee Account of the solana memecoin launch platform Pumpfun has sold 40,000 SOL($6.68M) again today. It has generated total revenue of 969,945 SOL($162M) and has sold 503,343 SOL($78.7M) at an average price of $156.4 so far, making it one of the most profitable protocols this year. — link : Wu Blockchain News
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According to Arkham, today the official ApeCoin address has transferred 8.289 million APE to Wintermute OTC, worth more than $12 million. With the launch of ApeChain, the price of APE has risen sharply. — link : Wu Blockchain News
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Blackrock (ibit) Daily BTC Flows: +332.3m - BBG: Tree : Zoomer News
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BlackRock (IBIT) Daily BTC Flows: +332.3m: BBG : Tree News
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Ripple co-founder Chris Larsen said on Monday that he has donated another $10 million worth of XRP to support Vice President Kamala Harris's campaign for the US presidency. Previously, Larsen donated $1 million worth of XRP through the same organization in August. — link : Wu Blockchain News
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FACT: 🟠 Bitcoin has the same number of users as the Internet had in 1999 👀
We are just getting started 🚀 : Bitcoin
Rune Christensen, founder of Sky (formerly MakerDAO), said that he would draft an Atlas Edit proposal to vote on the core brand selection of the project: continue to use Sky as the core brand; refocus on the Maker brand with the original brand image; refocus on the Maker brand with an updated brand image. — link : Wu Blockchain News
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OBAMA: 🇺🇸 "If in fact you can't crack that (Bitcoin) at all and the government can't get in then everybody is walking around with a Swiss bank account in their pocket." 🙌 : Bitcoin
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Trading-linked activity regularly accounts for 75-90% of Solana successful transaction fees, higher than Ethereum’s 55-65% — link : unfolded. DeFi
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Current status of Iran's local cryptocurrency Exchanges: Tens of Millions of Users and Severe US Sanctions
Nobitex, Excoino, Wallex, and Bit Pin are four major CEXs in Iran. 15 to 19 million Iranians are active in the cryptocurrency market. Most Iranian CEXs are affiliated with local government departments. As the United States tightens sanctions, any cryptocurrency transfers involving Iranian exchanges could be frozen. Read more — link : Wu Blockchain News
QCP: The S&P 500 is at record highs, with 20% of companies set to report earnings. The equities-crypto correlation is at a historically high 0.83. Short-term implied volatility is peaking at election day expiry. The election creates a zero-sum scenario for equities, with sector winners dependent on the outcome. — link : Wu Blockchain News
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WazirX discloses over 240,000 wallet addresses following alleged cyberattack, prompting CoinSwitch to launch a dashboard for users to navigate $72.13 million in crypto movements to Bybit and $1.5 million to Kucoin. - 𝕏/@ashish343 : Leviathan News
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CFTC chair says agency is 'handcuffed' as crypto regulations stall, but hopes a new Congress and president could accelerate progress. - CoinTelegraph : Leviathan News
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Sky mulls further changes to brand identity, return to MakerDAO on the table — link | tl;dr : unfolded. DeFi
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Pump.fun fee account sells 40,000 $SOL, generating total revenue to 969,945 $SOL and $78.7M sold at an average price of $156.4. - 𝕏/@lookonchain : Leviathan News
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On October 21, Bitcoin spot ETF had a total net inflow of $294 million, continuing its net inflow for 7 consecutive days. BlackRock ETF IBIT had an inflow of $329 million. Ethereum spot ETF had a total net outflow of $20.7993 million. — link : Wu Blockchain News
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After Bryan Pellegrino, CEO of LayerZero Labs, pointed out an admin loophole in Across Protocol bridge contracts, the head of Trust Security surfaced similar loopholes in LayerZero / Stargate bridge contracts - 𝕏/@trust__90 : Leviathan News
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🇪🇺 The author of the ECB’s anti-Bitcoin paper blames Bitcoin for people’s frustration over losing purchasing power, rather than the central bank he works for 👀 : Bitcoin
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Sky Protocol to host first community call in over a year on the subject of whether to revert their branding back to MakerDAO. - 𝕏/@ImperiumPaper : Leviathan News
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Uniswap Labs has relegated the governance rights of UNI token holders in a controversial suite of decisions that favor Optimism. - Protos : Leviathan News
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Crypto payment provider Transak announced that the company recently suffered a security incident, resulting in the leakage of basic identity information of 1.14% of users. The attacker gained access to an employee's laptop through a complex phishing attack and then logged into the system of a third-party KYC provider. — link : Wu Blockchain News
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🟠 We’ve hit 1:30 on the Bitcoin Spiral Clock 🕰
Between 1:30 and 4:30 is when the real magic happens 👀
Via John Osterman : Bitcoin