CZ is trolling Sun in a friendly way: “ A week after you rename your exchange after FTX... 😂”
“Jokes aside, our security team will help in tracking hacker funds in all cases where we can.”
https://x.com/cz_binance/status/1706326077021274327
Hot wallet HTX (formerly Huobi) was hacked for $7.9 million.
https://x.com/cyversalerts/status/1706301345223897506
MicroStrategy has acquired an additional 5,445 BTC for ~$147.3 million at an average price of $27,053 per bitcoin.
As of 9/24/23 MicroStrategy hodls 158,245 BTC acquired for ~$4.68 billion at an average price of $29,582 per bitcoin.
https://x.com/saylor/status/1706278284651077714
Amazon will invest as much as $4 billion in AI startup Anthropic.
https://www.bloomberg.com/news/articles/2023-09-25/amazon-to-invest-as-much-as-4-billion-in-ai-startup-anthropic#xj4y7vzkg
Crypto Market Daily Review ☀️
The market is down. Market cap is $1.05T. Bitcoin is trading at $26.1K
dropstab | icodrops | twitter | telegram
The founder of Arrington Capital Michael Arrington has removed himself from the board of the new company that will take over Celsius.
Arrington’s decision appears to be the result of Simon Dixon’s appointment to the board observer position.
https://www.theblock.co/post/252687/arrington-removes-himself-from-board-of-celsius-successor-following-board-observer-appointment
A fake APT was sold on Upbit.
Scammers were making deposits of fake APTs on Upbit (the token is called ClaimAPTGift). After the fake tokens were deposited into a large number of accounts, many sold them directly. Upbit's customer centre is reportedly demanding that users who sold fake APT tokens return the money.
https://x.com/definalist/status/1705916604473901076
TVL in Ethereum Layer 2 projects increased by 0.86% over the week and now stands at $10.29B.
https://l2beat.com/scaling/summary
The Terra Classic (LUNC) community has voted to stop all minting and reminding of Terra Classic USD.
https://www.theblock.co/post/252679/terra-classic-community-votes-to-stop-minting-terra-classic-usd-ustc
Bitcoin volatility may rise as options worth $3 billion expire at end of month.
https://www.theblock.co/post/252621/bitcoin-volatility-may-rise-as-options-worth-3-billion-expire-at-end-of-month
Coinbase has registered as a cryptocurrency exchange and custodian wallet provider with the Bank of Spain.
This registration will allow Coinbase to offer our full suite of products and services to retail and institutional users in Spain, all in compliance with the national legal framework.
https://www.coinbase.com/blog/coinbase-obtains-bank-of-spain-registration-in-spain
Rollbit closes Degen EXchange due to regulatory uncertainty and weak activity.
https://twitter.com/rollbitcom/status/1705196259189878856
Crypto asset manager CoinShares (CS) is establishing a hedge fund unit for qualified U.S. investors.
https://www.coindesk.com/business/2023/09/22/european-crypto-asset-manager-coinshares-to-enter-us-hedge-fund-fray/
Arbitrum: “There’s 2 days | 16 hours | 16 mins until all unclaimed ARB tokens are sent to the DAO treasury. There are about 70 million unclaimed ARB.”
https://x.com/arbitrum/status/1704954038364893323
Judges deny Sam Bankman-Fried's appeal for early release.
https://cointelegraph.com/news/judges-deny-sam-bankman-fried-s-appeal-for-early-release
There is a small growth on the market.
In a few hours, BTC grew by 1.5%, ETH by 2%.
https://dropstab.com/
Binance Futures will launch the USDⓈ-M GLMR perpetual contract at 2023-09-26 01:30 UTC, with up to 10x leverage.
https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-m-glmr-perpetual-contract-with-up-to-10x-leverage-155dd1d3b26d48918d75d263833a5d1d
Polymarket has launched a sweepstakes on LayerZero airdrop until October 31st.
https://polymarket.com/event/layerzero-airdrop-by-oct-31
Merit Circle DAO voted in favor of converting its MC token to BEAM token at a ratio of 1:100.
The BEAM token will have the same utility as the MC token currently has.
https://vote.meritcircle.io/#/proposal/0xafa7bd1d6ef1ac550f64ac73b2bad7b2a79bb4047de924f5c1cfe9252887f0d7
This week, 8 projects (GT, DYDX, FLOW, AXL, EDU, OP, MC, BLD) will unlock tokens with a total value of over $100 million.
GT - 6.67 million tokens ($25.82 million) - 26 September
DYDX - 6.44 million tokens ($12.3 million) - 26 September
FLOW - 13.2 million tokens ($5.87 million) - 27 September
AXL - 24.91 million tokens ($8.29 million) - 27 September
EDU - 21.2 million tokens ($9.09 million) - 28 September
OP - 24.16 million tokens ($30.66 million) - 30 September
MC - 14.41 million tokens ($4.66 million) - 1 October
BLD - 37.83 million tokens ($3.88 million) - 2 October
https://dropstab.com/insights/vesting
Ethereum (ETH) co-creator Vitalik Buterin reportedly says that central bank digital currencies (CBDCs) are not developing in the way he had once hoped for.
In a new interview with CNBC, Buterin says that he was once more optimistic about CBDCs, but now he believes they have mostly become “front ends” for the traditional banking system.
https://dailyhodl.com/2023/09/24/vitalik-buterin-says-cbdcs-moving-in-wrong-direction-calls-them-front-ends-for-the-banking-system-report/
The Melbourne couple who accidentally received 10.5 million Australian dollars ($6.7 million) will be facing a plea trial in October for a theft charge after spending the funds that they received by mistake in 2021.
In May 2021, Thevamanogari Manivel transferred funds to her partner Jatinder Singh’s Crypto.com account. However, the exchange detected that the bank account did not match the exchange account. Therefore, a refund was issued, but instead of refunding the 100 AU$ that the couple tried to put in, the exchange mistakenly sent 10.5 million AU$ to Manivel’s bank account.
The mistake was not discovered until December 2021, when the exchange conducted its annual audit. After the exchange filed a lawsuit in the Victoria Supreme Court, the judge ruled that the funds should be returned to the crypto trading platform.
https://cointelegraph.com/news/couple-mistakenly-sent-10-5-m-crypto-com-october-plea-hearing
CZ: “If markets are predictable it would cease to be markets and be without profits.”
https://x.com/cz_binance/status/1705697860556144965
The Securities and Exchange Commission (SEC) requires Do Kwon to serve the Terraform Labs claim while he remains in Montenegro until at least the end of the year.
https://coingape.com/is-terra-co-founder-do-kwon-coming-to-us/
Bitwise has withdrawn their application to convert BITC from a Bitcoin futures fund to a Bitcoin & Ethereum futures Fund.
https://twitter.com/JSeyff/status/1705258028042199052
Arkham has identified $25B of Coinbase Bitcoin reserves (~1M BTC) on chain.
This makes Coinbase the largest Bitcoin entity in the world on Arkham, with almost 5% of all BTC in existence - about as much as Satoshi Nakamoto.
https://x.com/arkhamintel/status/1705254948324233270
💧Current state of the market in our weekly overview
dropstab | icodrops | twitter | telegram
Crypto Market Daily Review ☀️
The market is down. Market cap is $1.06T. Bitcoin is trading at $26.6K
dropstab | icodrops | twitter | telegram
Coinbase CLO said the launch of the BASE token is possible in the future, but not now.
https://decrypt.co/videos/interviews/oWMD6y1W/will-base-ever-have-a-token-not-something-weve-ruled-out-entirely-says-coinbases-paul-grewal
Binance.US lawyers ask court to dismiss SEC case, pushing against wash trading claims.
The SEC alleged in June that Binance.US, connected to Binance Holdings Limited and BAM, lied about market manipulation and allowed wash trading.
https://www.theblock.co/post/252441/binance-us-lawyers-ask-court-to-dismiss-sec-case-pushing-against-wash-trading-claims