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The Rekt trading has started.
REKT is now trading at $15.
FDV is $7.9M.
https://dexscreener.com/bsc/0x4f8b986ecffe7bed5dbeb2b49310fb00ca85a539
Bankrupt crypto exchange FTX used customer funds to buy back the entirety of the firm’s stake held with competitor exchange Binance, a court hearing on Wednesday revealed.
Binance CEO Changpeng Zhao said in a 2022 post the company had received over $2.1 billion in binance usd (BUSD) stablecoins and FTX’s FTT tokens.
https://www.coindesk.com/policy/2023/10/19/ftx-used-billions-in-customer-funds-to-buy-back-binance-stake/
Bitcoin layer-2 infrastructure developer Lightning Labs has released its Taproot Assets protocol on the main network, enabling the issuance of stablecoins and other assets on Bitcoin and Lightning.
https://www.coindesk.com/tech/2023/10/18/lightning-labs-rolls-out-taproot-assets-to-make-bitcoin-multi-asset-network/
HTX (formerly Huobi) Q3 revenue was about $24.75M, 20% of this amount will go to the quarterly HT token burn (~2M).
https://www.huobi.com.gt/support/en-us/detail/84951413186358
Bitcoin's number of wallets holding at least 100 BTC has jumped to 15,970.
https://x.com/santimentfeed/status/1714729052165337294
A Bloomberg analyst said that even if Grayscale wins, the court will not demand the SEC to convert GBTC into an ETF.
https://x.com/ericbalchunas/status/1714673646890049994
Tesla did not sell BTC in Q3 2023.
https://digitalassets.tesla.com/tesla-contents/image/upload/IR/TSLA-Q3-2023-Update-3.pdf
The Immutable team has delayed the 125M IMX ($64.5M) unlock for another year.
https://x.com/0xferg/status/1714270599214981164
Gensler says the SEC is still reviewing applications for spot BTC-ETFs and negotiating with the companies that submitted applications.
https://m.investing.com/news/cryptocurrency-news/gensler-says-sec-is-still-weighing-bitcoin-etf-proposals--bloomberg-432SI-3202191
Parity Technologies, which develops Polkadot, has announced that it is laying off most of its employees.
The Web3 Foundation may also lay off about 40% of its employees.
https://www.dlnews.com/articles/defi/polkadot-workers-told-to-attend-retreat-after-being-laid-off/
WazirX co-founder Nischal Shetty said that the Shardeum Whitepaper will be released on November 8th.
Shardeum is a linearly scalable EVM-based smart contract platform that can continuously deliver low gas rates while maintaining decentralization and security through dynamic state sharding.
https://x.com/nischalshetty/status/1714599080825950237
The Genesis Drop has concluded with 191,391 claims.
Finalized genesis balances will be available soon at genesis.celestia.org.
Participants will receive TIA directly in their wallet at Mainnet, expected in the coming weeks.
https://x.com/celestiaorg/status/1714553699174113568
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $1.10T. Bitcoin is trading at $28.6K
dropstab | icodrops | twitter | telegram
Reddit is winding down Community Points — the blockchain-based “internet points” program designed to reward creators and developers.
MOON, BRICK and DONUT tokens fall 50-80% after the news.
https://techcrunch.com/2023/10/17/reddit-is-phasing-out-community-points-blockchain-rewards/
Korea's Financial Supervisory Service will investigate whether SUI's circulation is fraudulent.
Sui Foundation responded by writing in X that the foundation has never sold SUI and every SUI transfer is public.
The Foundation actively fights against any misinformation and FUD.
https://x.com/suifoundation/status/1714349720187859021
Gemini and DCG were sued by New York’s top law-enforcement officer for allegedly defrauding customers of $1.1 billion.
https://www.bloomberg.com/news/articles/2023-10-19/gemini-dcg-sued-by-ny-for-defrauding-customers-of-1-1-billion#xj4y7vzkg
MultiversX has announced the beginning of the xDay.
xDay is Europe’s Web3, AI and Metaverse conference organised by MultiversX.
Date: October 19 - 21.
https://twitter.com/MultiversX/status/1714953985424032109
The REKT project will be launched today at 13:30 UTC.
/channel/REKTgame/4473/4879
https://rekt.games/
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $1.08T. Bitcoin is trading at $28.2K
dropstab | icodrops | twitter | telegram
Aptos was down a few hours ago.
The network has resumed its work yet.
https://x.com/aptos_network/status/1714799744231539064
Invesco filed for a spot Ethereum ETF.
This is the 5th currently active spot Ethereum ETF filing.
https://x.com/jseyff/status/1714736564805214375
Mark Cuban, Elon Musk, Phillip Goldstein, Nelson Obus, Manoush Moshayedi filed a joint amicus brief against the SEC.
In a joint amicus curiae brief, they argued that the SEC's current administrative procedures should be revised.
The current procedures allow the use of staff judges to hear lawsuits filed by the SEC itself and prohibit defendants from having the right to a jury trial.
https://x.com/eleanorterrett/status/1714768782424494430
Since Scroll officially announced the launch of its mainnet, the network's TVL has increased 1091.43% to $5.61M.
https://l2beat.com/scaling/projects/scroll
Cross-Chain Transfer Protocol (CCTP) is now available on devnet for Solana.
CCTP lands on Solana mainnet later this year.
https://x.com/circle/status/1714626918421508148
Helix, the perpetuals dex on Injective, has unveiled pre-launch futures — enabling users to trade upcoming tokens before their official launch or exchange listings.
The Celestia (TIA) token will be the first listing via the new product offering.
https://x.com/helixapp_/status/1714628865400918333
https://www.theblock.co/post/258086/injective-dex-helix-unveils-token-pre-launch-futures-trading-celestia
Galaxy Digital CEO Michael Novogratz said the spot BTC ETF is expected to be approved by the SEC this year.
https://flash.jin10.com/detail/20231018200738383800
Vitalik Buterin: If you see an article saying "Vitalik sends XXX ETH to [exchange]", it's not actually me selling, it's almost always me donating to some charity or nonprofit or other project, and the recipient selling because, well, they have to cover expenses. I haven't "sold" ETH for personal gain since 2018.
https://warpcast.com/vitalik.eth/0xb8ccf84d
Stars Arena will resume trading within 24 hours.
https://x.com/starsarenacom/status/1714357949991092660
Fidelity has updated its application for the spot BTC-ETF.
https://www.sec.gov/Archives/edgar/data/1852317/000119312523257755/d375081ds1a.htm
The SEC deadlines for spot Bitcoin ETFs
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