Top 10 Bitcoin Mining Countries & Their Renewable Electricity Mix.
https://www.visualcapitalist.com/sp/top-10-bitcoin-mining-countries-their-renewable-electricity-mix/
In the last 24 hours, 164K people have registered at Farcaster.
https://dune.com/pixelhack/farcaster
The U.S. Securities and Exchange Commission (SEC) will not appeal a recent court ruling that found it was wrong to reject an application from Grayscale Investments to create a spot bitcoin exchange-traded fund (ETF), said a source familiar with the matter.
https://www.reuters.com/markets/us/us-sec-does-not-plan-appeal-court-decision-grayscale-bitcoin-etf-source-2023-10-13/
JPMorgan forecasts a potential 20% decline in Bitcoin hashrate before the next halving.
https://x.com/bitcoinnewscom/status/1712840363000643841
STEPN has partnered with Apple Music.
Now users will be able to listen to songs from Apple Music directly in the app.
https://x.com/stepnofficial/status/1712793531524272628
The Merit Circle DAO has burnt 368,707,273 MC ($121M) to date.
That is more than 35% of the total supply.
https://x.com/meritcircle_io/status/1712730159097237922
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $1.05T. Bitcoin is trading at $26.8K
dropstab | icodrops | twitter | telegram
Coinbase is arguing that a recent proposal from the U.S. Internal Revenue Service (IRS) will endanger the industry and Americans’ privacy.
The IRS had proposed a rule recently to formally define crypto brokers and instruct them on how they and their customers can properly pay taxes. But Coinbase said in a comment letter to the agency that the proposed rule represents “an unprecedented, unchecked, and unlimited tracking on the daily lives of Americans.”
https://www.coindesk.com/policy/2023/10/12/coinbase-sounds-alarm-on-irs-crypto-tax-proposal/
The Commodity Futures Trading Commission charged Voyager Digital co-founder Stephen Ehrlich with fraud and for failing to register with the agency.
Ehrlich and his firm lied to customers, and then, when Voyager began to collapse, kept lying in an effort to hide the crypto lender's true financial health, the CFTC said.
https://www.theblock.co/post/256200/cftc-charges-voyager-co-founder-stephen-ehrlich-with-fraud
Mastercard announced a successful CBDC pilot project with Bank of Australia.
https://www.mastercard.com/news/ap/en/newsroom/press-releases/en/2023/mastercard-demonstrates-interoperable-cbdc-for-trusted-web3-commerce-in-australia-and-beyond/
Bounce Finance has integrated ZetaChain’s testnet, Athens-3.
To celebrate the beginning of the partnership with ZetaChain, Bounce has announced a special giveaway for beta-testers. One beta-tester will have the chance to win an exclusive Off-White sneaker.
https://bouncefinance.medium.com/bounce-finance-and-zetachain-unite-unlocking-a-new-era-of-decentralized-cross-chain-rwa-auctions-52d07fed1459
Platypus Finance on AVAX has been hacked for more than $2 million.
https://x.com/peckshieldalert/status/1712367911766257912
Crypto Market Daily Review ☀️
The market is down. Market cap is $1.06T. Bitcoin is trading at $26.8K
dropstab | icodrops | twitter | telegram
Stablecoin USDR lost its peg and fell to $0.5.
The project claims that this happened because they withdrew all liquid DAIs from USDR Treasuries. This led to panic and down. The company is working on a solution to this problem and is not going to shut down.
https://x.com/tangibledao/status/1712250414618562725
ARK has just filed an updated version of its spot bitcoin ETF prospectus.
This signals that Ark Invest and likely others are discussing with the SEC the issues they want to clarify in these documents.
https://x.com/ericbalchunas/status/1712187138932953138
Ferrari will accept cryptocurrency payments for its sports cars in the United States due to customer demand.
The carmaker also plans to accept crypto payments in Europe.
https://cointelegraph.com/news/ferrari-to-accept-crypto-payments-in-the-us
Invesco Galaxy has updated their spot bitcoin ETF S-1, following ARK in responding to SEC comments.
https://x.com/MichaelJayDFS/status/1712904902605754865
ProShares will be launching a short Ethereum Futures ETF.
It should begin trading on October 16th.
https://x.com/JSeyff/status/1712885357614674127
💧Current state of the market in our weekly overview
dropstab | icodrops | twitter | telegram
The Loom Network team deposited nearly $2M worth of LOOM tokens to Binance.
The LOOM price has grown over 500% in 3 weeks.
https://x.com/onchaindatanerd/status/1712795766031622380
Bounce Finance has announced Finceptor private sale.
Finceptor is a multi-chain liquidity and community growth platform for unlaunched and publicly-traded tokens through liquidity vaults and DeFi bonds.
Private sale details:
Start Time: Oct 15, 12:00 UTC
End Time: Oct 22, 12:00 UTC
Swap Ratio: 0.05 USDT per FINC
Total Supply: 1,000,000 FINC
Total Value: $50,000
Release Method: 3M Cliff, 9M Vest
https://bouncefinance.medium.com/finceptor-launches-finc-private-sale-on-bounce-finance-a-comprehensive-guide-for-participants-f484cad0f48d
Genesis halts withdrawals after the court orders to pay $175M to FTX.
https://beincrypto.com/genesis-withdrawals-pay-millions-ftx/
According to former Alameda Research CEO Caroline Ellison, a single tweet from Binance CEO Changpeng “CZ” Zhao contributed to the failure of cryptocurrency exchange FTX.
In the now famous tweet on X (formerly Twitter) from Nov. 6, 2022, CZ announced that Binance would be liquidating its holdings of FTX Token (FTT) “due to recent revelations that have came to light.”
https://cointelegraph.com/news/changpeng-zhao-tweet-ftx-collapse-caroline-ellison
Game project AbyssWorld has claimed that it was defrauded by early investor Chainhill Capital by never transferring the promised investment.
It is alleged that Chainhill Capital owed various game developers more than $20m in debt.
The AWT price has decreased by 60%.
https://www.techflowpost.com/newsletter/detail_32145.html
The Uniswap wallet is coming to Android users.
https://x.com/uniswap/status/1712487330978967643
CoinList is launching a fund that will allow U.S. accredited investors to earn returns from the staking of several different digital assets including Ethereum and Near.
https://www.theblock.co/post/256023/coinlist-launches-multi-chain-staking-fund-for-u-s-accredited-investors
LayerZero is live on OpBNB.
https://x.com/layerzero_labs/status/1712278979263250608
Stars Arena hacker has returned ~90% of stolen funds.
The funds have been returned in exchange for a 10% bounty fee.
https://x.com/starsarenacom/status/1712192197443883453