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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

Global bank messaging network SWIFT will trial live transactions of tokenised assets and digital currencies next year.

https://www.reuters.com/technology/swift-trial-live-digital-currency-transactions-next-year-2024-10-03/

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ICO Drops - ICO News & Alerts

Binance will extend the Monitoring Tag to include more tokens, and remove the Seed Tag for selected tokens on 2024-10-03.

The tokens to be added to the Monitoring Tag list are:
- Bluzelle (BLZ)
- CLV (CLV)
- SelfKey (KEY)
- Prosper (PROS)
- VITE (VITE)

The tokens to be removed from the Seed Tag list are:
- Pendle (PENDLE)
- Sei (SEI)

https://www.binance.com/en/support/announcement/binance-will-extend-the-monitoring-tag-to-include-blz-clv-key-pros-vite-and-remove-the-seed-tag-for-pendle-sei-on-2024-10-03-2178333b0324406088737cf07436ba43

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ICO Drops - ICO News & Alerts

Spot ETF Flow on 2.10: BTC-ETF -$91.76M, ETH-ETF +$14.45M

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

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ICO Drops - ICO News & Alerts

SEC appeals Ripple case ruling, citing conflict with Supreme Court precedent

On July 13, 2023, the same judge ruled that while Ripple’s programmatic sales of XRP did not violate securities laws, direct XRP sales to institutional investors acted as securities.

https://www.theblock.co/post/319246/sec-appeals-ripple-case-ruling-citing-conflict-with-supreme-court-precedent

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ICO Drops - ICO News & Alerts

Puffer snapshot is coming soon

For every 10k ETH deposited, we'll raise the PUFFER community allocation by 0.1%.

70% of the increase goes to new stakers, rest to previous users.

Date: Sat, Oct 5 2024
Times: 12:00 UTC

https://x.com/puffer_finance/status/1841504279518953779

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ICO Drops - ICO News & Alerts

The crypto market correction
BTC Dominance - 56.31%

Market Cap - $2.15T
BTC - $61,126.59 (-1.01%)
ETH - $2,386.5 (-4.17%)
BNB - $546.7 (-1.26%)
SOL - $141.78 (-4.01%)
INJ - $20.19 (-3.85%)
TON - $5.23 (-3.96%)
EIGEN - $3.5 (-13.67%)
SUI - $1.94 (+7.35%)

https://dropstab.com

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ICO Drops - ICO News & Alerts

The second cap of Babylon Bitcoin staking mainnet Phase-1 is scheduled to open on 9 October 2024, around 11:00 UTC, with updated parameters.

▫️
Cap-2 will be a duration-based cap that will last 10 BTC blocks, starting from height 864790.
▫️The minimum amount per transaction is still 0.005 bitcoins.
▫️The maximum amount per transaction is increased from 0.05 bitcoins in Cap-1 to 0.5 bitcoins.
▫️The number of points per BTC block will increase from 3125 to 10000.
▫️The unbonding transaction fee for stakes accepted during Cap-2 will be set to 0.00032 bitcoins, which is a 50% reduction compared to Cap-1 stakes.
▫️The 10000 points will be allocated proportionally among all active stakes (from all caps) within that block.

https://babylonlabs.io/blog/babylon-bitcoin-staking-mainnet-launch-phase-1-cap-2

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ICO Drops - ICO News & Alerts

Justin Sun team withdrew 21.66 million USDT from Binance today, which means that the 5.374 million EIGEN airdrops that Justin Sun received yesterday have all been sold at an average price of $4.03.

Previously, the six addresses belonging to Sun received 5.374 million EIGEN the night before, and after EIGEN was open for transfer at noon yesterday, they transferred these tokens to HTX, and then immediately transferred them to Binance.

https://x.com/wublockchain/status/1841439308307366046

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ICO Drops - ICO News & Alerts

💧 Top Protocols by TVL with Potential Airdrop

👉 https://dropstab.com/activities

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ICO Drops - ICO News & Alerts

Upbit will list Wormhole (W) on October 2 at 10:00 UTC.

After the news, the W price has increased by 20%.

https://upbit.com/service_center/notice?id=4537

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ICO Drops - ICO News & Alerts

The crypto venture capital market hasn’t fully adjusted to post-pandemic downturn realities, said Multicoin Capital Managing Partner Tushar Jain.

Overhyped valuations and stalled token prices reflect challenges across the crypto sector.

Jain maintains confidence in crypto’s core principles despite the market’s volatility.

https://www.theblock.co/post/319101/crypto-faces-hangover-from-venture-capital-glut-during-previous-bull-market-multicoins-tushar-jain

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ICO Drops - ICO News & Alerts

Drops Mini App & Bot announces the Early Bird phase is about to close and will end within the next few days!

We're removing all limits and restrictions on invites. Anyone can now get into the 👀app just by clicking on the link.


/channel/EtherDrops_News/141

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ICO Drops - ICO News & Alerts

In the past 24 hours, long positions worth ~$450 million liquidated.

https://www.coinglass.com/LiquidationData

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ICO Drops - ICO News & Alerts

Top 300 losers in 24h: SUNDOG -18%, CAT -18%, DYM -18%, ETHFI -16%, DOGS -16%, STRK -15%, INJ -14%.

https://dropstab.com/insights/top-performance

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ICO Drops - ICO News & Alerts

💧 Q3 Performance by Category

👉 https://dropstab.com/categories

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ICO Drops - ICO News & Alerts

Bybit is introducing the ability to trade major indices using USDT. Now, you can now access the China A50 Index Cash CFD (USD), Dow Jones Index Cash CFD (USD), NAS100 Cash, Nikkei Index Cash CFD (JPY), Hang Seng Index Cash CFD (HKD), and more.

https://announcements.bybit.com/article/trade-indices-with-usdt-explore-beyond-gold-and-forex-on-bybit-metatrader-5-bltf72cf5397a941a47/

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ICO Drops - ICO News & Alerts

The SEC has received a proposal to list and trade the Franklin Templeton Bitcoin & Ethereum Crypto Index ETF.

The new ETF, managed by Franklin Templeton, aims to offer investors exposure to both Bitcoin and Ethereum, combining these two major crypto assets in one index fund.

https://cryptobriefing.com/crypto-etf-proposal-sec/

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ICO Drops - ICO News & Alerts

Securities and Exchange Commission Enforcement Director Gurbir S. Grewal is leaving the agency after a three-year tenure.

Sanjay Wadhwa, the division’s deputy director, will step up as temporary acting director and Chief Counsel Sam Waldon will serve as acting deputy director.

As the security watchdog’s top cop, Grewal filed enforcement actions against several of the most prominent U.S.-based crypto companies, including Coinbase, Kraken and Ripple Labs, as well as countless international entities like Binance. Under Grewal’s tenure, the agency authorized more than 100 enforcement actions specifically against crypto firms.

https://www.theblock.co/post/319238/top-sec-enforcement-official-gurbir-s-grewal-steps-down

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ICO Drops - ICO News & Alerts

EigenLayer his been hit by criticism after it was revealed that staking rewards received by early investors are not restricted by token lock-ups.

The situation echoes Celestia's token launch, which was followed by a 75% plunge as investors could sell staking rewards.

EIGEN's total supply is fixed at 1.68 billion and its circulating supply is 186 million. As it stands, there are 130 million EIGEN tokens staked. Many believed these were all a part of the claimed tokens but in fact, 70 million of these tokens belong to this small group of early investors.

https://www.coindesk.com/business/2024/10/02/eigenlayers-token-launch-draws-scrutiny-over-supply-concerns/

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ICO Drops - ICO News & Alerts

OpenAI has completed a deal to raise $6.6 billion in new funding, giving the artificial intelligence company a $157 billion valuation.

The funding round was led by Thrive Capital.

Other investors included Microsoft, Nvidia, SoftBank, Khosla Ventures, Altimeter Capital, Fidelity, and MGX.

https://www.bloomberg.com/news/articles/2024-10-02/openai-has-closed-new-funding-round-raising-over-6-5-billion

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ICO Drops - ICO News & Alerts

The FTX estate is set to auction 22.3 million locked Worldcoin (WLD) tokens, currently valued at around $37.7 million, at a significant discount, three sources with direct knowledge of the matter told The Block.

https://www.theblock.co/post/319198/ftx-estate-worldcoin-wld-token-sale

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ICO Drops - ICO News & Alerts

Franklin Templeton Adds Aptos Blockchain to Support Tokenized Money Market Fund

The $435 million fund is also available on Avalanche, Arbitrum, Stellar and Polygon.

https://www.coindesk.com/business/2024/10/02/franklin-templeton-adds-aptos-blockchain-to-support-tokenized-money-market-fund/

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ICO Drops - ICO News & Alerts

1 billion total transactions are on Injective.

https://x.com/injective/status/1841444174232801542

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ICO Drops - ICO News & Alerts

Binance Futures will launch the DIAUSDT Perpetual Contract at 2024-10-02 12:30 UTC with up to 75x leverage. 

https://www.binance.com/en/support/articles/b2552cf226ed409990663ea2a8fc089f

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ICO Drops - ICO News & Alerts

Ozean has integrated with LayerZero to unlock liquidity for RWAs across DeFi.

The integration will enable Ozean’s native stablecoin (USDX) and yield-bearing stablecoins (ozUSD) to be accessed across all EVM Layer 2s and Solana.

https://x.com/clearpoolfin/status/1841100931443933514

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ICO Drops - ICO News & Alerts

Argentina's VP meets with Bukele over Bitcoin and volcano bonds.

https://cryptobriefing.com/bitcoin-bilateral-talks-argentina-2/

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ICO Drops - ICO News & Alerts

Spot ETF Flow on 1.10: BTC-ETF -$242.53M, ETH-ETF -$48.52M

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

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ICO Drops - ICO News & Alerts

Bitwise has filed an XRP ETF

https://cointelegraph.com/news/bitwise-files-xrp-etf

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ICO Drops - ICO News & Alerts

The crypto market is down
BTC Dominance - 55.86%

Market Cap - $2.19T
BTC - $61,770.15 (-3.03%)
ETH - $2,491.16 (-5.25%)
BNB - $554.5 (-4.11%)
SOL - $147.26 (-5%)
INJ - $21.03 (-14.29%)
TON - $5.44 (-6.05%)
EIGEN - $4.07 (14.62%)
SUI - $1.81 (-4.89%)
ZRO - $4.46 (-5.76%)

https://dropstab.com

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