DeFi
THORSwap Temporarily Suspends Swapping Services Over Hacker Money Laundering Issues Background As reported by Coin68, there has been a surge in concerns regarding the use of THORSwap for laundering money obtained from various high-profile hacks. These hacks include Stake.com, Atomic wallet, and the infamous FTX hack, where stolen assets
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On October 5th, the Sui Foundation announced the allocation of 117 million SUI tokens to establish a new ecosystem development fund, valued at $51 million USD at the time of writing. The tokens were unlocked from Sui's Community Reserve and will not affect the current circulating supply. Sui
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Binance's decision to cease BUSD lending and staking illustrates its phased "isolation" of BUSD leading up to February 2024. Binance Halts BUSD Lending and Staking Before October 25 According to an announcement on October 3, Binance will halt its lending, borrowing, and staking services for the
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As part of its "Polygon 2.0" development roadmap, the Polygon ecosystem has deployed smart contracts for the POL token on the Goerli testnet. Polygon Deploys POL Token on Goerli Testnet Previously, the Polygon community proposed replacing the current MATIC token with a new token format, POL. However,
DeFi
Introduction The OP Stack toolkit by Optimism has recently integrated a trial Fault Proof mechanism on the OP Goerli testnet. This marks a significant step in ensuring the security and robustness of Layer-2 solutions. Details According to a post from OP Labs' X account, this is the first Fault
DeFi
Orbiter Finance Denies Rug Pull Accusations Introduction Cross-chain bridge Orbiter Finance has refuted rumors of a rug pull, citing a loss of access to their Discord account as the reason for delayed responses to the community. They assured that the project and user assets remain safe. Background On the evening
DeFi
Yield Protocol Announces Closure Introduction The fixed-rate lending protocol, Yield Protocol, has announced its decision to cease operations due to the challenging economic environment and increasing regulatory pressures in various countries. We’ve made the tough decision to wind down the Yield Protocol. The March 2024 fixed rate series will
NFT & GameFi
Last week, Walmart began selling Pudgy Penguin-branded toys in 2,000 U.S. stores. Pudgy Penguins NFT Volume Surges 240% Thanks to Walmart Partnership Image: NFT Now From September 24 to October 1, the trading volume for Pudgy Penguins NFTs skyrocketed by 241%, driven by the collaboration with retail giant
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ETF Ethereum futures have had a challenging initial trading period, though it's premature to draw long-term conclusions. ETF Ethereum futures launch with lackluster debut. Photo: U Today As of 11:15 PM on October 2nd (Vietnam time), the trading volume for ETF Ethereum futures was approximately $2 million
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According to experts at Bloomberg, there's a strong likelihood that up to 9 Ethereum Futures ETFs will launch on October 2, 2023. Series of Ethereum Futures ETFs Could Launch This Week. Photo: Reuters It's predicted by Bloomberg's Eric Balchunas that ETFs from ProShares, Bitwise,
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The cryptocurrency market has seen positive growth at the beginning of October 2023 as the price of Bitcoin (BTC) surpassed the $28,000 mark. Fluctuations of top cryptocurrencies compared to a day ago. Screenshot from Coin360 taken at 03:50 PM on October 2, 2023 At the start of October
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Grayscale has submitted an application to the U.S. Securities and Exchange Commission (SEC) to convert the Grayscale Ethereum Trust (ETHE) into an Ethereum spot ETF. Grayscale files to convert ETHE Trust into Ethereum spot ETF with SEC. Photo: CryptoSlate On the evening of October 2nd, crypto investment management firm
