50895
https://icodrops.com/ - Simple and beautiful ICO Calendar with independent ratings & analytics. With us it's impossible to miss the next great #ICO. 🚀 Contacts: @icodrops_support (for any questions)
Babylon: “Blocks are speeding up!
We're about 4 hours away from the Cap-2 launch!
Estimated start time: 6PM UTC.”
https://x.com/babylonlabs_io/status/1843663040522399798
Crypto.com sues SEC after receiving a Wells notice from the agency
Crypto.com says its lawsuit asserts that the SEC has overexpanded its jurisdiction while also pushing back on the agency's claim that most cryptocurrencies are securities.
https://www.theblock.co/post/320052/crypto-com-sues-sec-after-receiving-a-wells-notice-from-the-agency
STRK staking is now live on Starknet Sepolia
STRK staking will launch on Mainnet in a few weeks.
https://x.com/Starknet/status/1843618593264877635
📈 Sui VS Aptos: Price Comparison Last Year
💧 DropsTab
Binance has announced the 60th project on Binance Launchpool - Scroll (SCR)
Users will be able to lock their BNB and FDUSD to receive SCR Airdrops over two days, with farming starting from 2024-10-09 00:00 UTC.
Binance Pre-Market will then list SCR at 2024-10-11 10:00 UTC and open pre-market trading for the SCR/USDT trading pair.
https://www.binance.com/en/support/announcement/22df1ba38f4a4033924a1adecf93735e
Arthur Hayes has introduced a new article "PvP"
Highlights:
1. PvP, or “player vs. player,” is a phrase used often by shitcoin traders to describe this current market cycle. This contradicts the original idea behind cryptocurrencies.
2. New tokens launched this year have performed poorly for retail investors, but not for venture capital (VC) firms. The result has been the launch of a plethora of high, fully diluted value (FDV), but low circulating supply projects.
3. Listing on major exchanges does not guarantee token price growth. The data shows that tokens do not "pump" regardless of the exchange.
4. Projects must cut their valuations at launch by 40% to 50% to become attractive on a relative basis.
5. VCs are interested in accumulating assets and receiving management fees, rather than in the real return on investment. This leads to overestimation of projects.
6. The CEXs want a high FDV for two reasons. The first is that trading fees are charged as a percentage of the token notional. The higher the FDV, the more revenue and fees are earned, whether the project pumps or dumps. The second reason is that a high FDV and low circulating supply are good for exchanges because plenty of unallocated tokens can be given to them.
7. Listing on major exchanges is expensive: up to 16% of the total token supply and $5 million in BNB's purchase for Binance.
8. Projects need to make sure that their users/token holders get rich as the project succeeds.
9. An alternative is needed: launch with a low valuation on DEX to attract users and allow them to grow with the project.
10. Auki Labs. They didn’t have CEX on the first date. Instead, they listed a relatively low-FDV token starting on DEX.
https://cryptohayes.substack.com/p/pvp
US bankruptcy judge approves FTX reorganization plan, two years after the exchange's collapse
Judge John Dorsey in the U.S. Bankruptcy Court for the District of Delaware decided to approve the plan during a hearing on Monday in a move to start distributing funds to creditors. Under that plan, 98% of creditors will receive at least 118% of their claim value in cash.
After the news, the FTT price increased by ~50% and then decreased again. It is now trading at $2.43.
https://www.theblock.co/post/319909/us-bankruptcy-judge-approves-ftx-reorganization-plan-two-years-after-the-exchanges-collapse
CARV: “Snapshot of the Alphanet was taken on October 7th, 00:00 UTC.
The Mainnet will launch on Arbitrum on October 11th 00:00 UTC.”
https://x.com/carv_official/status/1843308171705962568
Babylon: “Bitcoin blocks are being mined faster than expected, currently 56 blocks ahead of schedule. This means Cap-2, opening at block height 864790, is now estimated to start around 8PM UTC on Tuesday, Oct 8th—15 hours earlier than planned.”
https://x.com/babylonlabs_io/status/1843314723028353416
Nasdaq has filed an application to begin the process of listing and trading shares of the Hashdex Nasdaq Crypto Index US ETF.
https://listingcenter.nasdaq.com/assets/rulebook/nasdaq/filings/SR-NASDAQ-2024-028_Order_Instituting_Proceedings.pdf
Vitalik Buterin: “I appreciate all the memecoins that donate portions of their supply directly to charity.
(eg. I saw ebull sent a bunch to various groups last month)
Anything that gets sent to me gets donated to charity too (thanks moodeng! The 10B from today is going to anti-airborne-disease tech), though I truly prefer if you guys send to charity directly, maybe even make a DAO and get your community directly engaged in the decisions and process.
I've said before that I think the best thing for memecoins is if they can be maximally positive-sum for the world, so it's great to see moments when that actually happens!”
The MOODENG and EBULL prices increased by more than 400% and 1600% respectively.
https://x.com/VitalikButerin/status/1843260976206082216
Worldcoin is shifting its focus from Europe to Asia and other regions, according to an executive.
https://cointelegraph.com/news/worldcoin-europe-not-priority-regulation
💧 Recent Funding Rounds Backed by Top Tier Angels
👉 https://dropstab.com/investors
Department of Homeland Security investigators say they’ve thwarted hundreds of ransomware cyberattacks before they occurred and have seized billions of extorted crypto since 2021.
United States government agencies were the top targets, accounting for 21% of the disrupted hacks, more than any business sector, Mike Prado, the deputy assistant director of Homeland Security Investigations (HIS) Cyber Crimes Center, told Bloomberg in an Oct. 4 report.
The division has disrupted 537 ransomware attacks since it was formed in 2021 and has traced and seized $4.3 billion worth of crypto on exchanges and hackers’ devices, which was stolen through extortion payments.
https://cointelegraph.com/news/over-500-crypto-ransomware-attacks-stopped-since-2021-dhs
Babylon has announced its update for Babylon Bitcoin staking mainnet Phase-1 Cap-2.
The maximum staking amount per Bitcoin staking transaction will be 500 BTC instead of 0.5 BTC.
https://x.com/babylonlabs_io/status/1842248360691986541
Native USDC has officially launched on Sui
https://x.com/circle/status/1843637747212591328
Scroll introduced its tokenomics and SCR launch date
Total Token Supply: 1,000,000,000 SCR
Airdrop Snapshot Date: October 19, 2024
Token Launch Date and Airdrop Claim Availability: October 22, 2024
https://x.com/Scroll_ZKP/status/1843638328459178043
Alchemy Pay Introduces Samsung Pay Integration for its Crypto Virtual Card
https://alchemypay.org/news-and-press/alchemy-pay-introduces-samsung-pay-integration-for-its-crypto-virtual-card/
The Supreme Court has denied a Certiorari petition which paves the way for the US Government to sell 69,370 BTC.
These are part of the bitcoins which were seized for the Silk Road marketplace.
https://coingape.com/bitcoin-news-us-government-could-soon-sell-69000-btc-heres-why/
Binance will perform a conversion of the below tokens to USDC based on users’ holdings in their Binance wallets at the snapshot time of 2024-10-29 00:00 UTC.
The conversion will be completed and an equivalent amount of USDC will be credited to users’ Binance wallets by 2025-04-28 23:59 UTC.
Users may withdraw the airdropped/delisted tokens as shown below before 2024-10-28 23:59 UTC, after which withdrawals will become unavailable.
List of Impacted Tokens: Vai (VAI), Tornado Cash (TORN), OMG Network (OMG), Waves (WAVES), NEM (XEM), BarnBridge (BOND), Dock (DOCK), Mdex (MDX), Polkastarter (POLS), Pundi X PURSE (PURSE).
https://www.binance.com/en/support/announcement/notice-on-the-withdrawals-of-delisted-tokens-conversion-of-selected-tokens-to-usdc-2024-10-08-1657c0d30d5449908e8e20d9efa893a2
Spot ETF Flow on 7.10: BTC-ETF +$235.19M, ETH-ETF $0M
https://sosovalue.com/assets/etf/us-btc-spot
BlackRock says Bitcoin and crypto adoption is growing faster than the Internet and mobile phones.
https://x.com/BTC_Archive/status/1843356882200863064
The crypto market is down
BTC Dominance - 56.40%
Market Cap - $2.20T
BTC - $62,639.99 (-1.54%)
ETH - $2,440.29 (-2.17%)
BNB - $570.2 (-0.92%)
SOL - $144.98 (-3.5%)
INJ - $20.74 (-2.19%)
TON - $5.23 (-2.28%)
EIGEN - $3.43 (-2.39%)
SUI - $2.1 (+10.63%)
APT - $9.1 (+2.46%)
ZRO - $4.33 (-0.34%)
https://dropstab.com
Bybit has announced the listing of CARV (CARV) on its spot trading platform.
CARV Listing: Oct 10, 2024, 8:00 UTC
https://announcements.bybit.com/en/article/new-listing-carv-usdt-grab-a-share-of-the-90-000-carv-prize-pool-blt3cf2335f9a5bedca/
Robinhood Chief Legal Officer Dan Gallagher is emerging as a leading contender to head the Securities and Exchange Commission should Donald Trump win back the presidency, according to a dozen former top regulators, lobbyists and securities lawyers.
https://www.politico.com/newsletters/morning-money/2024/10/07/the-crypto-executive-who-could-soon-be-running-the-sec-00182663
Bybit Launchpool has introduced NAVX, the native token of the NAVI protocol.
Event Period: Oct 7, 2024, 10:00 UTC – Oct 14, 2024, 10:00 UTC
Website: https://naviprotocol.io/
https://announcements.bybit.com/article/bybit-launchpool-stake-navx-sui-or-usdc-to-earn-a-share-of-2-500-000-navx--bltbbf1eb7dd4bc6954/
https://www.bybit.com/en/trade/spot/launchpool
✅ Free Access to the App is Live for Everyone!
What’s new?
• No more invite codes — now, anyone can access the app and start farming $DPS instantly.
Top 300 gainers in 24h: SPX +73%, NEIRO +51%, PUPS +34%, GIGA +31%, TRUMP +27%, APU +27%
https://dropstab.com/insights/top-performance
Story Protocol will make an announcement on October 10
https://x.com/storyprotocol/status/1842240874882937246
The crypto market is growing
BTC Dominance - 56.35%
Market Cap - $2.23T
BTC - $63,498.01 (+2.55%)
ETH - $2,493.4 (+3.16%)
BNB - $573.1 (+1.88%)
SOL - $149.91 (+4.93%)
INJ - $21.16 (+7.1%)
TON - $5.35 (+2.49%)
EIGEN - $3.53 (+12.95%)
SUI - $1.89 (+9.11%)
ZRO - $4.34 (+5.68%)
https://dropstab.com