Ripple’s Singapore arm has secured a license as a major payments institution from the Monetary Authority of Singapore.
https://www.coindesk.com/policy/2023/10/04/ripple-says-singapore-license-formally-approved/
OpenSea has introduced OpenSea Studio, a one-stop shop for creators to launch and manage their projects.
https://twitter.com/opensea/status/1709283477168746997
StarkWare has delayed the first unlocks of its native StarkNet (STRK) token to Apr. 15, 2024, from the previously scheduled date of Nov. 29, 2023.
https://www.theblock.co/post/254142/ethereum-starkware-token-unlocks-delay
Injective has announced the launch of the Illuminate Hackathon supported by Google Cloud and co-hosted with DoraHacks.
The Injective Illuminate Hackathon is the prime builder launchpad for Web3 finance applications with a US$100,000 prize pool.
https://x.com/injective_/status/1708844806389084601
Crypto Market Daily Review ☀️
The market is down. Market cap is $1.10T. Bitcoin is trading at $27.5K
dropstab | icodrops | twitter | telegram
Binance Loans will close all outstanding BUSD loan and collateral positions at 2023-10-25 08:00 UTC.
Users are advised to repay any impacted loans by 2023-10-25 07:59 UTC to avoid potential losses.
https://www.binance.com/en/support/announcement/binance-loans-flexible-rate-will-close-all-busd-loan-and-collateral-positions-at-2023-10-25-1d7b456160b349ecbb389b121996d00b
Some Friend.tech users were hacked and had their assets stolen.
https://x.com/darengb/status/1709021872178729409
Chainalysis is laying off approximately 150 employees, or slightly more than 15% of its staff of 900 due to withdrawal from the commercial market.
https://www.forbes.com/sites/stevenehrlich/2023/10/02/chainalysis-idling-150-employees-as-chill-of-crypto-winter-persists/
A user with the nickname Satoshi Nakamoto on Twitter posted a message for the first time after 5 years of silence.
“Bitcoin is a predicate machine. Over the following months, we shall explore different aspects that were not explicitly contained within the white paper. These aspects are all parts of bitcoin, and are important. Some of these ideas were touched upon in the early years; now is the time to extrapolate and explain.”
https://twitter.com/satoshi/status/1708886029636137256
Chia lays off 30% of employees due to delay in planned IPO.
https://www.coindesk.com/policy/2023/10/02/chia-network-lays-off-third-of-its-staff-as-loss-of-banker-delayed-going-public/
Grayscale has filed 19b-4 to convert their $5b Ethereum private trust ETHE into an ETF.
https://x.com/ericbalchunas/status/1708822647369273637
According to DefiLlama, friend.tech's TVL has surpassed $50M, reaching $52.21M.
https://defillama.com/protocol/friend.tech
Crypto Market Daily Review ☀️
The market is growing. Market cap is $1.12. Bitcoin is trading at $28.1K
dropstab | icodrops | twitter | telegram
Coinbase obtains Major Payment Institution licence from the Monetary Authority of Singapore.
https://www.coinbase.com/blog/coinbase-obtains-major-payment-institution-licence-from-the-monetary
The Lybra DAO has now launched.
https://x.com/lybrafinance/status/1708468104584671679
The SEC motion for leave to file an interlocutory appeal in the Ripple case has been denied.
https://twitter.com/EleanorTerrett/status/1709344107208798595
TMX Group, the largest Canadian exchange, said its derivatives trading platform will soon introduce bitcoin (BTC) futures contracts.
https://www.coindesk.com/business/2023/10/03/canadian-exchange-tmx-soon-to-start-bitcoin-futures-trading/
💧Most Active Crypto Angel Investors
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A class-action suit was filed against Binance.US and Binance CEO Changpeng Zhao on Oct. 2 in the District Court of Northern California, alleging various violations of federal and California law on unfair competition for attempting to monopolize the cryptocurrency market by harming its competitor FTX.
At issue are posts made by Zhao on Twitter (now X) in early November on the eve of FTX’s collapse. The posts were made in conjunction with the decision by the defendants to liquidate their holdings in the FTX utility token, FTT, on Nov. 6. The plaintiffs estimated that Binance owned up to 5% of all FTT tokens.
https://cointelegraph.com/news/class-action-suit-filed-against-binance-alleged-harm-ftx-collapse
Coinlist announced Powerloom Incentivized Testnet.
Powerloom Network is a decentralized network that provides customized analytics and information about Web3.
Powerloom Network has allocated 0.4% of the network’s total token supply to reward participants for their active efforts and contributions to the incentivized testnet — 25% of which will be distributed in Phase 2 to eligible participants.
https://coinlist.co/powerloom-testnet
Coinbase will remove 80 trading pairs on Oct. 16
https://x.com/coinbaseexch/status/1708922837619114278
Visa plans to invest $100 million in generative AI companies.
The investments will be made through Visa Ventures.
https://techcrunch.com/2023/10/02/visa-earmarks-100m-to-invest-in-generative-ai-companies/
The SEC, FINRA, CFTC, NFA, SIPC and NASAA have issued a number of warnings about cryptoasset investments, stating that investments in cryptoassets can be unusually volatile and speculative, and the platforms through which investors buy, sell, borrow or lend these assets may not have protections.
https://news.bitcoin.com/sec-and-5-other-us-regulators-issue-crypto-investment-warnings/
Pretty meh volume for the Ether Futures ETFs as a group, a little under $2m, about normal for a new ETF but vs BITO (which did $200m in first 15min).
https://twitter.com/EricBalchunas/status/1708865693481836849
⚡️Top Derivative DEXs by Revenue in September 2023.
👉 https://dropstab.com/categories/perpetual
VanEck will list Ethereum Futures ETF (EFUT) today.
https://www.businesswire.com/news/home/20231002868969/en/VanEck-Launches-EFUT-the-Only-Ethereum-Futures-ETF-Structured-as-a-C-Corp
Andrew Kang: “Alt season getting louder. Stale shorts about to get carried out in body bags. Let’s go MFs.”
https://x.com/rewkang/status/1708423858087465196
This week, 4 projects (SUI, NEAR, TKO, GMT) will unlock tokens totaling over $45 million in value.
SUI - 34.99 million tokens ($17.43 million) - October 3
NEAR - 7.75 million tokens ($9 million) - October 4
TKO - 21.25 million tokens ($4.7 million) - October 7
GMT - 87.92 million tokens ($14.4 million) - October 8
https://dropstab.com/insights/vesting
Bitwise plans to launch two Ethereum futures ETFs today: AETH and BTOP.
https://www.businesswire.com/news/home/20230929506712/en/AETH-and-BTOP-Two-First-of-their-Kind-Ethereum-Futures-ETFs-From-Bitwise-Intend-to-Launch-October-2