BlackRock and its brokerage partner, Securitize, are in early talks with some of the largest global crypto exchanges Binance, OKX and Deribit about using BlackRock’s new BUIDL token as collateral for derivatives trades, people familiar with the matter said, requesting anonymity to discuss private deliberations.
https://www.bloomberg.com/news/articles/2024-10-18/blackrock-wants-crypto-exchanges-to-use-buidl-token-as-collateral
BNB Beacon Chain will halt running and stop processing any new transactions on November 19.
BNB Beacon Chain assets holders are urged to transfer their BEP-2 and BEP-8 (mini BEP-2 tokens) from the BNB Beacon Chain to the BSC immediately. The transfers can be made through centralized and decentralized exchanges or by wallets.
https://www.bnbchain.org/en/blog/final-sunset-plan-of-bnb-beacon-chain
💧Current state of the market in our weekly overview
dropstab | icodrops | twitter | telegram
Yield Guild Games (YGG) has launched Future of Work (FoW), a new program to provide its community with decentralized earning opportunities across the broader web3 ecosystem.
https://medium.com/yield-guild-games/ygg-expands-beyond-gaming-with-future-of-work-976c7cb236a7
Spot ETF Flow on 17.10: BTC-ETF +$470.48M, ETH-ETF +$48.41M
https://sosovalue.com/assets/etf/us-btc-spot
Morgan Stanley Bitcoin ETF holdings have reached $272.1 million, representing 0.02% of its $1.2 trillion in assets.
https://coinmarketcap.com/community/articles/6711cf1114ad8873440d1f7b/
The Sam Altman-backed Worldcoin project has rebranded to World Network, or World for short.
Additionally, the Ethereum-secured Layer 2 blockchain network connected to the project, known as World Chain, launched its mainnet Thursday.
https://www.theblock.co/post/321792/sam-altman-backed-worldcoin-project-launches-mainnet-blockchain-following-a-rebrand
FBI Arrests Alabama Man in the January 2024 SEC X Hack that Spiked the Value of Bitcoin
Eric Council Jr., 25, of Athens, Alabama, was arrested this morning, in Athens, in connection with a January 2024 unauthorized takeover of the U.S. Securities and Exchange Commission’s (SEC) X account, formerly known as Twitter, in which hackers posted a fake message from the SEC Chair that caused the value of bitcoin (BTC) to spike by $1,000.
According to the indictment, on January 9, 2024, Council conspired with others to take unauthorized control of the @SECGov X account (sometimes called the SEC’s Twitter account) and transmitted a fake post in the name of the SEC Chair, falsely announcing, in part, “Today the SEC grants approval for #Bitcoin ETFs for listing on all registered national securities exchanges.” Immediately after the tweet, the price of BTC increased by more than $1,000 per bitcoin.
Shortly after the unauthorized post, the SEC regained control over their X account and confirmed that the announcement was unauthorized and the result of a security breach. Following this corrective disclosure, the value of BTC decreased by more than $2,000 per bitcoin. (At the time, the SEC had been deliberating whether to approve exchange traded funds (ETFs) that held bitcoin.) An unauthorized actor gained control of the SEC X account through a “SIM swap.”
https://www.justice.gov/usao-dc/pr/fbi-arrests-alabama-man-january-2024-sec-x-hack-spiked-value-bitcoin
Crypto Exchange Kraken Launches Wrapped Bitcoin Token kBTC
The token will be available on both Ethereum and OP Mainnet, and will be backed 1:1 with bitcoin, a company spokesperson said.
The bitcoin will be custodied in Kraken Financial, the exchange's U.S. qualified custody solution, in a segregated wallet.
The minimum deposit size for kBTC on both Ethereum and Optimism will be 0.00026 BTC, which is around $15, assuming a bitcoin price of $60,000.
At launch, kBTC will be supported across several blue-chip DeFi apps, and its partners will include: Kraken, Kraken Wallet, Ethereum, Optimism, Paraswap, Yearn, Gauntlet, deBridge, Definitive, CowSwap, Beefy, Velodrome, Curve and Morpho.
https://www.coindesk.com/business/2024/10/17/crypto-exchange-kraken-launches-wrapped-bitcoin-token-kbtc/
deBridge trading has started on MEXC.
DBR is now trading at $0.035.
FDV: ~$350M
deBridge launches DBR and airdrops to 491,000 wallets.
You’ll be able to claim 50% of tokens now with 50% available after 6 months.
You can claim all of your DBR tokens immediately, minus a 20% penalty.
https://www.mexc.com/exchange/DBR_USDT
https://debridge.foundation/blog/debridge-launches-dbr-and-airdrops-to-491-000-wallets/
💧 Top Blockchains by TVL Growth in the Last 30 Days
👉 https://dropstab.com/categories/blockchain
Vitalik Buterin shared key goals on how to increase the blockchain's capacity to handle over 100,000 transactions per second, using layer-2 scaling solutions while ensuring Ethereum remains decentralized and secure.
https://decrypt.co/286826/vitalik-buterin-lays-out-grand-vision-ethereum-layer-2s-the-surge-roadmap
dYdX launched a TRUMPWIN-USD Prediction Market with up to 20x leverage
https://x.com/dYdX/status/1846593195150311717
https://dydx.trade/trade/TRUMPWIN-USD
The crypto market is growing
BTC Dominance - 57.19%
Market Cap - $2.37T
BTC - $68,484.85 (+1.25%)
ETH - $2,648.99 (+1.4%)
BNB - $599.5 (+0.75%)
SOL - $154.77 (+1.59%)
INJ - $22.1 (+4.16%)
TON - $5.27 (+1.64%)
SUI - $2.1 (+2.31%)
EIGEN - $3.61 (+7.83%)
https://dropstab.com
EigenLayer’s X account was hacked.
Do not click the link.
https://x.com/eigenlayer/status/1847221101719367953
Magic Eden CEO: “Bitcoin’s on-chain market is no where near its full potential. We’re fully invested in building & contributing to the ecosystem on BTC. What’s next?
1. RBF: transactions no longer sniped
2. Runes Swaps: swap BTC to Runes and back
3. Runes Incentives: Runes will be counted retroactively in the reward system. Probably no time to ship diamonds tho as we are laser focused on token claim product.”
https://x.com/0xLeoInRio/status/1846952500458381824
Binance will end the Scroll (SCR) Pre-Market at 2024-10-21 09:00 UTC and open spot trading for the following pairs at 2024-10-22 08:00 UTC.
Withdrawals will open at 2024-10-23 08:00 UTC.
https://www.binance.com/en/support/announcement/binance-will-end-the-scroll-scr-pre-market-and-list-scroll-scr-with-seed-tag-applied-765ca1b5b58848fd88c9ee3684b91201
World Chain is now live on Uniswap
https://x.com/Uniswap/status/1846970493443695032
Wintermute is now the 3rd largest holder of GOAT at 1%.
https://solscan.io/token/CzLSujWBLFsSjncfkh59rUFqvafWcY5tzedWJSuypump#holders
Tomo has launched the Tomo Telegram Wallet (Beta)
https://x.com/tomo_wallet/status/1846500682075160824
https://medium.com/tomoinc/tomo-wallet-is-now-on-telegram-crypto-right-where-you-chat-214ca4fc88b4
The crypto market is neutral
BTC Dominance - 57.35%
Market Cap - $2.34T
BTC - $67,897.22 (+0.58%)
ETH - $2,622.4 (-0.76%)
BNB - $595.3 (-1.5%)
SOL - $152.84 (-1.15%)
INJ - $21.3 (+1.17%)
TON - $5.19 (-0.4%)
SUI - $2.05 (-4.06%)
EIGEN - $3.35 (-0.42%)
https://dropstab.com
The Ambient Finance website domain has been hijacked and compromised.
Do not connect wallet. Do not sign any transactions.
https://x.com/ambient_finance/status/1846895776116379747
Animoca Brands has disclosed that it intends to acquire additional WATCoins from the open market.
WATCoin is the utility token for WatBird, the Telegram Mini App built by Animoca Brands’ subsidiary GAMEE.
https://www.animocabrands.com/animoca-brands-to-purchase-additional-watcoin-from-open-market
AMA session right now about future Drops Bot, DropsTab, ICO Drops etc
/channel/EtherDrops_News
The PayPal USD token’s market capitalization is down 40% from a high above $1 billion set in late August, largely driven by a reduced circulating supply on Solana.
https://www.theblock.co/post/321584/paypals-pyusd-stablecoin-market-cap-is-down-40-from-its-high-above-1-billion-in-august
Fuel Labs has announced the launch of Fuel Ignition, a high-performance Ethereum Layer 2 powered by the FuelVM
https://fuel.mirror.xyz/U2xqey0oZFCrIBf7bO3yYyFplJKiJ0sfzAyYmhrPjag
Ethereum's staker revenue is on a slow descent, with September's total at $174 million, down from its March peak of $247 million. This trend mirrors broader crypto market sentiment.
Staker revenue has been gradually declining since March, reflecting reduced on-chain activity and lower overall market enthusiasm. September's staker revenue of $174 million dwarfs the $35.5 million generated from transaction fees, highlighting a significant reliance on the block subsidy.
The validator landscape continues to expand despite the revenue dip. Ethereum now boasts 1.09 million validators, showcasing growing participation in the network's security. This increase in validators comes even as individual rewards decrease, demonstrating continued faith in Ethereum's long-term prospects.
https://www.theblock.co/post/321613/ethereum-staker-revenue-drops-30-since-march-peak-as-onchain-activity-slows