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Scroll has officially announced the launch of the mainnet.
Scroll Tech is a L2 solution for the Ethereum network. Scroll will create a fully EVM-compatible zk-Rollup, and the project aims to simplify development on L2.
https://scroll.io/blog/founderLetter
According to Fantom Foundation TG group, due to a zero day exploit on Google Chrome, some of the Fantom Foundation’s hot wallet assets were stolen today, resulting in a loss of $657K.
Most of the foundation's assets are stored in cold wallets and are not affected.
https://x.com/wublockchain/status/1714288131716022555
Everscale (formerly FreeTON) has been hacked.
The project reported that a large number of EVER tokens were stolen.
https://twitter.com/Everscale_net/status/1714227498702323912
SEC: “Careful what you read on the internet. The best source of information about the SEC is the SEC.”
https://x.com/secgov/status/1714020932509982771
BlackRock CEO said that customer demand for cryptocurrencies is high, cryptocurrencies will play the role of striving for quality.
https://www.foxbusiness.com/markets/blackrock-ceo-fink-clarifies-bitcoin-etf-status
Uniswap Labs will impose a 0.15% fee starting October 17 on crypto swaps involving ETH, USDC, WETH, USDT, DAI, WBTC, agEUR, GUSD, LUSD, EUROC, XSGD.
This commission will be used for the further development of products for the crypto industry.
https://www.coindesk.com/business/2023/10/16/uniswap-labs-to-charge-015-fee-on-crypto-swaps-involving-eth-usdc-other-tokens/
Binance stops register new users from Britain until it finds a replacement for a partner firm that has had its ability to approve the promotion of financial services revoked.
https://www.binance.com/en-GB/blog/all/update-on-binance-for-uk-users-937596818854026589
Cointelegraph published fake news about the approval of BTC-ETF.
BTC was over $29,300 at the moment. The liquidation amount reached $72.06 million in one hour.
https://www.coinglass.com/LiquidationData
According to the roadmap, ether.fi will launch its own native eETH token on EigenLayer within a month.
https://x.com/ether_fi/status/1713537089663615419
South Korean exchange Upbit gets initial license nod from Singapore.
https://cointelegraph.com/news/upbit-in-principle-approval-crypto-license-singapore-mas
Sam Bankman-Fried’s lawyers once again complain about their client not receiving his Adderall and note it could impact SBF’s ability to testify.
https://x.com/coinage_media/status/1713713395831075295
BTC hashrate has increased to an ATH of 455 EH/s and is expected to reach 500 EH/s by the end of the year.
https://news.bitcoin.com/bitcoins-hashrate-skyrockets-on-track-to-hit-half-a-zettahash-milestone-by-years-end/
After the price of LOOM skyrocketed by ~60%, the wallet suspected to be Upbit transferred 36M LOOM ($17.7M) out.
The wallet currently holds 617M LOOM ($283M), 47.5% of the total supply.
https://x.com/lookonchain/status/1713549817425826068
The BarnBridge community voted to authorize its founders to take all actions to comply with SEC orders.
BOND is up 76%
https://snapshot.org/#/barnbridge.eth/proposal/0x6eacba217278781b805686d7ecffabc2a07beca16da8d97e2b63c1cf235caf81
MetaMask is back on the Apple App Store.
https://x.com/metamask/status/1713235991174214131
⚡️ Recent Funding Rounds Among AI Startups
👉 Dropstab.com/insights/latest-fundraising-rounds
Binance.US users can no longer withdraw dollars directly from the platform after the exchange updated its terms of use.
U.S. dollar deposits in user wallets are no longer eligible for FDIC insurance protection, according to the updated terms of use.
https://www.coindesk.com/policy/2023/10/17/binanceus-halts-direct-dollar-withdrawals/
The most interesting testimony of former FTX tech director Nishad Singh in the SBF case.
▫️The acquisitions of Celsius, Voyager, BlockFi were made not only to save those companies, but in part to give Alameda access to more borrowed funds.
▫️ FTX never implemented liquidations. If a customer was liquidated at price worse than the bankruptcy price, FTX never implemented any system to deal with that loss. Sam and Gary have been working with this in manual mode.
▫️ SBF wanted to include employee Serum in the collateral, to make it appear like Alameda had more collateral than it did.
▫️ SBF put in Serum's staking revenue (about $50 million) to get a nice revenue figure for the entire FTX exchange of over 1 billion for the year.
▫️ SBF pitched the idea of a deal with Telegram to get TON tokens. This would cost $120 million. It should have been much cheaper to create such a system.
https://x.com/bitmexresearch/status/1714050721643999694
Crypto Market Daily Review ☀️
The market is growing. Market cap is $1.09. Bitcoin is trading at $28.2K
dropstab | icodrops | twitter | telegram
The new short Ethereum ETF from Proshares will be launching in early November.
https://x.com/jseyff/status/1713992128307532130
Kraken launches largest advertising campaign in the US and UK.
https://www.theblock.co/post/256712/kraken-steers-clear-of-fomo-with-largest-ad-campaign-to-date
As of 16 October Lido on Solana staking will be discontinued and no new stake will be accepted.
Voluntary node operator off-boarding will begin on November 17, 2023.
Lido on Solana Frontend support will conclude on February 4, 2024. After this point, unstaking will only be feasible via the Command Line Interface (CLI).
https://blog.lido.fi/sunset-lido-on-solana/
Trust Wallet announces a major upgrade, introduces new brand identity.
Trust Wallet reconsiders logo, brand identity, activates new interface.
https://u.today/trust-wallet-announces-major-upgrade-introduces-new-brand-identity
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $1.08T. Bitcoin is trading at $27.8K
dropstab | icodrops | twitter | telegram
This week 4 projects (APE, AXS, ID, CTSI) will unlock tokens totaling over $87 million in value.
APE - 15.6 million tokens ($16.74 million) - October 17
AXS - 15.13 million tokens ($64.89 million) - October 20
ID - 18.49 million tokens ($3.44 million) - October 22
CTSI - 21.43 million tokens ($2.8 million) - October 23
https://dropstab.com/insights/vesting
Stars Arena has launched the app after the hack, but there is no trading yet.
https://x.com/starsarenacom/status/1713676938483470474
Justin Sun is the largest private ETH staker with 282,796 ETH ($439 million) on Lido.
https://twitter.com/EmberCN/status/1713583449171521945
It has been reported that Uniswap V4 will soon have KYC.
https://x.com/WuBlockchain/status/1713486653464137970
The FTX estate has staked over 5.5 million Solana (SOL) coins, valued at $122 million, from one of its principal wallets on the Solana blockchain.
A wallet address identified as managed by the FTX estate delegated the coins with a Solana validator Figment.
https://www.theblock.co/post/256466/ftx-estate-stakes-122-million-of-solana-on-chain-data-shows
MetaMask appears to have been removed from the Apple App Store.
https://coinmarketcap.com/headlines/news/metamask-appears-to-have-been-removed-from-the-apple-app-store/