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ICO Drops - ICO News & Alerts

Story Protocol will make an announcement on October 10

https://x.com/storyprotocol/status/1842240874882937246

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ICO Drops - ICO News & Alerts

The crypto market is growing
BTC Dominance - 56.35%

Market Cap - $2.23T
BTC - $63,498.01 (+2.55%)
ETH - $2,493.4 (+3.16%)
BNB - $573.1 (+1.88%)
SOL - $149.91 (+4.93%)
INJ - $21.16 (+7.1%)
TON - $5.35 (+2.49%)
EIGEN - $3.53 (+12.95%)
SUI - $1.89 (+9.11%)
ZRO - $4.34 (+5.68%)

https://dropstab.com

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ICO Drops - ICO News & Alerts

💧 New Activities Among Blockchains by Social Performance

👉 https://dropstab.com/activities

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ICO Drops - ICO News & Alerts

Telegram is launching Gifts

Gift recipients can choose to display them on their profiles or sell them for Stars.

Some gifts are in limited supply. Later this year it’ll introduce the ability to convert these limited-edition gifts into TON-based NFTs. Users will then be able to auction and trade these tokenized gifts outside Telegram, with ownership recorded on the blockchain.

/channel/durov/348

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ICO Drops - ICO News & Alerts

🚀 Top Coins by Price Bounce in the Last 7 Days

💧 Price Bounce and Dip

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ICO Drops - ICO News & Alerts

EigenLayer: “In an isolated incident this morning, an email thread involving one investor’s transfer of tokens into custody was compromised by a malicious attacker.

As a result, 1,673,645 EIGEN tokens were erroneously transferred to the attacker’s address. The attacker sold these stolen EIGEN tokens via a decentralized swap platform and transferred stablecoins to centralized exchanges. We are in contact with these platforms and law enforcement. A portion of the funds have already been frozen.

The compromise has not impacted the broader ecosystem. There is no known vulnerability in the protocol or token contracts and this compromise was not related to any onchain functionality.

We continue to investigate the situation and will be posting further information once we have it.”

https://x.com/eigenlayer/status/1842317191045157099

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ICO Drops - ICO News & Alerts

Magic Eden and Ubisoft release gaming NFT collection on Arbitrum based on Captain Laserhawk anime

The collection of 10,000 NFTs is based on the “Captain Laserhawk: The G.A.M.E” show on Netflix.

https://www.theblock.co/post/319542/magic-eden-and-ubisoft-release-gaming-nft-collection-on-arbitrum-based-on-captain-laserhawk-anime

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ICO Drops - ICO News & Alerts

🔥 Babylon Ecosystem Overview

👉 https://dropstab.com/tab/babylon-ecosystem-p708rjf5gq

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ICO Drops - ICO News & Alerts

Risk assets are likely to rally if the monthly US jobs report due Friday is within the range of expectations, according to Bank of America Corp. strategist Michael Hartnett.

https://www.bloomberg.com/news/articles/2024-10-04/bofa-s-hartnett-sees-risk-on-rally-if-jobs-data-is-as-expected

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ICO Drops - ICO News & Alerts

💧Current state of the market in our weekly overview

dropstab | icodrops | twitter | telegram

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ICO Drops - ICO News & Alerts

Spot ETF Flow on 3.10: BTC-ETF -$54.13M, ETH-ETF -$3.2M

https://sosovalue.com/assets/etf/us-btc-spot

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ICO Drops - ICO News & Alerts

CFTC considers using tokenized shares of money-market funds traded as collateral by the end of the year

https://www.coindesk.com/policy/2024/10/03/cftc-subcommittee-sends-up-recommendations-for-letting-firms-use-tokenized-shares-as-collateral-bloomberg/
https://www.bloomberg.com/news/articles/2024-10-02/use-of-blackrock-tokens-as-collateral-moves-closer-to-mainstream

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ICO Drops - ICO News & Alerts

The crypto market is neutral
BTC Dominance - 56.56%

Market Cap - $2.13T
BTC - $60,960 (-0.71%)
ETH - $2,366.93 (-1.27%)
BNB - $546.7 (-0.54%)
SOL - $137.32 (-3.65%)
INJ - $19.13 (-5.95%)
TON - $5.33 (+0.45%)
EIGEN - $3.48 (1.99%)
SUI - $1.64 (-15.10%)
APT - $8.25 (+0.58%)

https://dropstab.com

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ICO Drops - ICO News & Alerts

Sonic Labs is planning a ~200 million S airdrop

Deflationary Mechanism Explained

As part of the initial distribution, recipients receive 25% of their allocated S tokens immediately upon the airdrop claim date. The remaining 75% is locked in a vesting schedule over 9 months in the form of ERC-1155 tokens (fungible NFTs).

If a user decides to claim their vested tokens before their full maturation period, a portion of these tokens is burned. The burn rate decreases linearly over the 9 months. The earlier the claim, the higher the percentage of tokens burned.

Benefits of the Deflationary Airdrop
1. Supply Reduction: As tokens are burned through early claims, the overall supply of S decreases, which can create token scarcity.
2. Incentivized Holding: Users are motivated to hold their tokens until the vesting period ends to avoid burn penalties, promoting long-term investment and stability
3. Active Engagement: The model encourages users to stay active within the network, as increased participation can maximize the utility of their tokens during the vesting period.
4. Speculative Opportunities: The vested tokens are represented as ERC-1155 NFTs, which can be traded on secondary markets. This adds a layer of flexibility and speculative opportunity for users who wish to capitalize on market dynamics without triggering the burn mechanism.

https://blog.soniclabs.com/designing-a-deflationary-airdrop/

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ICO Drops - ICO News & Alerts

Stafi Protocol has introduced its 2024Q4 Roadmap

▫️
FIS Tokenomics Update
Its vision is to steadily shift the FIS tokenomics towards a deflationary model that increases the token’s value over time.
▫️ StaFiHub Migration to Neutron: it plans to migrate the StaFiHub appchain to Neutron, which will then enable it to remove the StaFiHub appchain entirely in the future.
▫️Developers will create new modules and pTokens to increase competitiveness.
▫️A buy-and-burn mechanism is discussed to increase the value of tokens through protocol revenues.
▫️StaFi 2.0 includes rebranding and expanded functionality to support contract layer security.

https://medium.com/stafi/2024q4-roadmap-deflation-adoption-and-lsaas-open-as-a-sustainable-platform-11974d71d979

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ICO Drops - ICO News & Alerts

Babylon has announced its update for Babylon Bitcoin staking mainnet Phase-1 Cap-2.

The maximum staking amount per Bitcoin staking transaction will be 500 BTC instead of 0.5 BTC.

https://x.com/babylonlabs_io/status/1842248360691986541

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ICO Drops - ICO News & Alerts

UAE exempts crypto transfers, conversion from value-added tax

https://cointelegraph.com/news/uae-exempts-crypto-transfers-conversions-from-vat

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ICO Drops - ICO News & Alerts

Coinlist CEO: “Here’s how you launch a hyped, legit token (sorry EigenLayer missed this window, but everyone else can learn):

1. The community needs to feel like they’re insiders. Do an aggressive inside sale for the best community members at an aggressive discount to last round. I’m talking 70%+. Choose 500-2000 people for this. Give them meaningful stakes. I’d even do a custom NFT for this group (h/t patron sales).

2. For everyone else, give them a fair pre launch price for the community round. At least last round.

3. Be transparent and don’t engage in shenanigans. Were there secondaries? Can locked vesters stake? Is there a strange MM deal everyone should know about? Did you give Binance 20% of network supply? People should know.

4. Speaking of vesting, I’m conflicted. I don’t believe in 100% unlocks on day 1, as the team should absolutely continue vesting. And the data shows that sale participants / community should vest. But should investors and partners? Likely no. Low float high fdv is broken, go to market with a higher float or your four year chart doesn’t stand a chance.

5. Really there’s so much more to say on this. You can use CoinList to do all of the above and come chat with us. We don’t know all of the answers, but we’re (Skeeeeto) learning daily and can figure this out together.”

https://x.com/rargulati/status/1842736068422164699

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ICO Drops - ICO News & Alerts

The crypto market is neutral
BTC Dominance - 56.47%

Market Cap - $2.17T
BTC - $61,925 (-0.27%)
ETH - $2,416.67 (+0.13%)
BNB - $563.2 (+1.06%)
SOL - $142.95 (-0.11%)
INJ - $19.8 (-2.31%)
TON - $5.21 (-3.68%)
EIGEN - $3.12 (-10.78%)
SUI - $1.73 (+0.42%)
ZRO - $4.1 (-2.94%)

https://dropstab.com

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ICO Drops - ICO News & Alerts

Spot ETF Flow on 4.10: BTC-ETF +$25.59M, ETH-ETF +$7.39M

https://sosovalue.com/assets/etf/us-btc-spot

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ICO Drops - ICO News & Alerts

The crypto market is growing
BTC Dominance - 56.51%

Market Cap - $2.17T
BTC - $61,926 (+1.53%)
ETH - $2,403.01 (+1.52%)
BNB - $554 (+1.09%)
SOL - $142.04 (+3.18%)
INJ - $20 (+3.74%)
TON - $5.39 (+0.8%)
EIGEN - $3.47 (+0.23%)
SUI - $1.69 (+2.02%)
APT - $9.01 (+8.8%)

https://dropstab.com

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ICO Drops - ICO News & Alerts

Xterio Points Dashboard is live

Dashboard: https://xter.io/dashboard/points

https://x.com/XterioGames/status/1842194324810863098

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ICO Drops - ICO News & Alerts

Coinbase will delist all unauthorized stablecoins from its crypto exchange in the European Economic Area by year-end, a potential blow for tokens like Tether Holdings Ltd.’s USDT.

https://www.bloomberg.com/news/articles/2024-10-04/coinbase-to-delist-non-compliant-stablecoins-in-eu-in-december

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ICO Drops - ICO News & Alerts

Of the 62 airdrops analysed, only 8 had positive returns after 90 days—4 on Ethereum and 4 on Solana. BNB, Starknet, Arbitrum, Merlin, Blast, Mode, and ZkSync had no winners. Solana had a 25% hit rate, and Ethereum 14.8%.

https://keyrock.com/airdrops-in-the-barren-desert/

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ICO Drops - ICO News & Alerts

During the investigation,carried out with an industry-leading team Linea identified 7285 addresses pertaining to sybil farms who were able to bypass the PoH system.

This represents only 0.1% of the total Culture Szn activity.

https://x.com/LineaBuild/status/1841856854181478873

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ICO Drops - ICO News & Alerts

CryptoPunk 1563 sold for a record 24,000 ETH (~$56.3 million)

https://x.com/cryptopunksbot/status/1841924882868707530

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ICO Drops - ICO News & Alerts

An upcoming HBO documentary "Money Electric: The Bitcoin Mystery" aims to reveal the true identity of the pseudonymous creator of Bitcoin, Satoshi Nakamoto.

Nakamoto, the famously anonymous inventor of Bitcoin, apparently vanished in December 2010. Estimates are that if Nakamoto is still around, the Bitcoin creator could control as much as 1.1 million bitcoin, currently worth about $67 billion, at least on paper.

The documentary, entitled "Money Electric: The Bitcoin Mystery" and out next Wednesday, Oct. 9, was created by Cullen Hoback, the director of "Q: Into the Storm," the docu-series that exposed those behind the QAnon conspiracy theory.

https://www.theblock.co/post/319430/new-hbo-documentary-aims-to-reveal-bitcoin-creator-satoshi-nakamotos-true-identity
https://www.politico.eu/article/mystery-creator-bitcoin-identified-new-hbo-documentary-satoshi-nakamoto-crypto-currency/

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ICO Drops - ICO News & Alerts

Binance Labs Invests in Sophon

The amount of the investment was not disclosed.

https://www.binance.com/en/blog/ecosystem/binance-labs-invests-in-sophon-to-accelerate-web3-integration-into-entertainment-gaming-and-ai-applications-3514593157017953750

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ICO Drops - ICO News & Alerts

Grayscale’s has started a new fund which offers exposure to Aave's AAVE token

The asset manager currently offers over 20 different crypto investment products.

https://www.coindesk.com/business/2024/10/03/grayscale-rolls-out-aave-fund/

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ICO Drops - ICO News & Alerts

💧 Q3 Performance by Category

👉 https://dropstab.com/categories

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