Over the past week, the cryptocurrency market has seen many notable events. Let's take a look back at the hottest Crypto news of the past week with the Allinstation team!
Hottest Crypto News of the Week
Binance Announces Listing of EigenLayer (EIGEN)
Binance will list EigenLayer (EIGEN) and is expected to open trading for these spot trading pairs at 12:00 on October 1, 2024 (UTC).
Details: Binance Announces Listing of EigenLayer (EIGEN) (allinstation.com)
Coinbase Announces Listing of EigenLayer (EIGEN)
Coinbase recently announced that it will list the EigenLayer (EIGEN) token.
Details: Coinbase Announces Listing of EigenLayer (EIGEN) (allinstation.com)
Rumors that FTX will pay creditors on September 30 are false
There are currently rumors circulating on social media that FTX's bankruptcy fund will begin distributing reimbursements to creditors and customers on September 30, 2024. However, these rumors are incorrect, as the reimbursement plan has not yet been approved by the court.
Details: Rumors that FTX will pay creditors on September 30 are false (allinstation.com)
ZachXBT: Celo is just a “ghost” blockchain, with no real users
ZachXBT claims that Celo is just a “ghost blockchain” and claims that he has not seen any real users on this blockchain.
Details: ZachXBT: Celo is just a “ghost” blockchain, with no real users (allinstation.com)
Remixpoint Group just spent money to buy these 4 coins
Remixpoint, a Tokyo Stock Exchange-listed conglomerate that previously owned cryptocurrency exchange BITPoint, has announced the use of its funds to invest in cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Avalanche (AVAX).
Details: Remixpoint Group just spent money to buy these 4 coins (allinstation.com)
Binance Futures Announces Listing of COS
Binance Futures, Binance's derivatives trading platform, recently announced the listing of COS. If you do not have a Binance account, please register via THIS LINK to receive a discount on trading fees.
Details: Binance Futures Announces COS Listing (allinstation.com)
Japan Considers Tax Cuts on Cryptocurrencies
Japan is set to begin a review of the country’s cryptocurrency regulations, opening up the possibility of tax breaks for digital assets and possibly facilitating the launch of domestic funds that invest in tokens.
Details: Japan Considers Tax Cuts on Cryptocurrencies (allinstation.com)
Ethena Labs Considers Launching Its Own DEX to Boost Growth for Project’s USDe Stablecoin
Ethena Labs, the developer of the synthetic stablecoin USDe, has revealed that the community is considering a proposal to launch a decentralized exchange (DEX) called “Ethereal” to enhance the growth and utility of USDe.
Trump's World Liberty Financial project officially opens KYC
World Liberty Financial, a DeFi project backed by the family of former US President Donald Trump, has just officially opened the KYC (Know Your Customer) verification process on its website, attracting attention in the crypto community.
Details: Trump's World Liberty Financial project officially opens KYC (allinstation.com)
Binance Futures Announces Listing of EIGEN
Binance Futures, Binance's derivatives trading platform, recently announced the listing of EIGEN. If you do not have a Binance account, please register via THIS LINK to receive a discount on trading fees.
Details: Binance Futures Announces Listing of EIGEN (allinstation.com)
Cryptocurrency Exchange Bithumb Reveals Intentions to IPO on Nasdaq
Bithumb has recently revealed its intention to launch an initial public offering (IPO) on the Nasdaq. The announcement comes after the company announced its intention to enter the U.S. market at its extraordinary general meeting of shareholders on September 30.
Details: Cryptocurrency Exchange Bithumb Reveals Intentions to IPO on Nasdaq (allinstation.com)
“Microstrategy Asia” Metaplanet Just Bought Another 107.91 BTC
On October 1, Metaplanet, a company listed on the Japanese stock exchange, announced that it had purchased an additional 107.91 Bitcoin (BTC) worth a total of 1 billion Japanese yen (about $6.9 million).
Details: “Microstrategy Asia” Metaplanet Just Bought Another 107.91 BTC (allinstation.com)
DWF Labs Grows Asset Management Size 10X in Last 10 Days
On October 1, Andrei Grachev, co-founder of DWF Labs, announced on the X platform that they have recorded significant growth in asset management volume, with a 10x increase in just the last 10 days.
Details: DWF Labs Grows Asset Management 10x in Last 10 Days (allinstation.com)
Binance Moonbix Speaks Up About Rumors of Future Token Launch
According to the official announcement from the Moonbix development team, they currently have no plans and no intention to launch a token for this game.
Details: Binance Moonbix Speaks Out About Rumors of Future Token Launch (allinstation.com)
Binance Will Display Risk Warnings for the Following 10 Coins
In order to maintain platform quality and enhance transparency, Binance announced that it will apply warning measures to tokens with significant changes in tokenomics and supply.
Details: Binance Will Display Risk Warnings for the Following 10 Coins (allinstation.com)
Bitwise Files for XRP ETF
On the evening of October 2, Bitwise also filed an application to open an XRP ETF with the US Securities and Exchange Commission (SEC).
Details: Bitwise Files for XRP ETF (allinstation.com)
The deadline for the SEC to appeal the Ripple case is October 7.
The SEC faces an October 7 deadline to decide whether to appeal Judge Analisa Torres’ ruling in its lawsuit against Ripple.
Details: SEC Deadline to Appeal Ripple Case is October 7 (allinstation.com)
Coinbase Expected to List io.net (IO) and Degen (DEGEN) Tokens
Coinbase recently added io.net (IO) and Degen (DEGEN) tokens to its tentative listing list in a blog post.
Details: Coinbase Expects to List io.net (IO) and Degen (DEGEN) Tokens (allinstation.com)
Bitcoin Miners' September Revenue Lowest in 2024
According to the latest data, Bitcoin miners earned $815.7 million from rewards and transaction fees in September, marking the lowest income in 2024, down $35.66 million from August.
Details: Bitcoin Miners' September Revenue Lowest in 2024 (allinstation.com)
Upbit Announces Listing of Wormhole (W), Token Price Jumps
Upbit, the largest cryptocurrency exchange in South Korea, has just announced its decision to list Wormhole (W)
Details: Upbit Announces Listing of Wormhole (W), Token Price Jumps (allinstation.com)
Binance will delist the following 4 spot pairs
Binance has just announced that it will delist 4 spot pairs from the platform at 10:00 on October 4, 2024 (VN time) , please pay attention. In addition, if you do not have a Binance account, please register via THIS LINK to get a discount on transaction fees.
Details: Binance will delist the following 4 spot pairs (allinstation.com)
Justin Sun may have sold all EIGEN tokens at this price
On October 2, according to a report from Ember Monitoring, an address owned by Justin Sun withdrew 21.66 million USDT from Binance just hours ago, which suggests that the entire 5.374 million EIGEN received via airdrop may have been sold by Justin Sun at an average price of $4.03.
Details: Justin Sun may have sold all EIGEN tokens at this price (allinstation.com)
Binance Futures Announces Listing of DIA
Binance Futures, Binance's derivatives trading platform, recently announced the listing of DIA. If you do not have a Binance account, please register via THIS LINK to receive a discount on trading fees.
Details: Binance Futures Announces Listing of DIA (allinstation.com)
Vietnamese police arrest group of people who defrauded over 20 billion VND in cryptocurrency
According to information from CafeF, in the early morning of September 30, the Criminal Police Department of Quang Nam Province Police prosecuted and detained a Taiwanese/Chinese national along with 4 Vietnamese individuals, on charges of fraud and property appropriation through operating a cryptocurrency exchange.
Bitcoin Price Drops to $61,000 After Iran Missile Attack on Israel
On the evening of October 1, Bitcoin witnessed a sharp drop to the $61,000 mark following news of war.
Details: Bitcoin Price Drops to $61,000 as Iran Launches Missile Attack on Israel (allinstation.com)
Circle Announces Plans to Bring USDC to Australia Through Partnership with MHC Digital Group
Circle has officially announced plans to bring its stablecoin USDC to the Australian market and other regions, through a partnership with MHC Digital Group, a venture capital firm of Mark Carnegie.
Lamborghini partners with Animoca and Motorverse, bringing supercars into the Web3 world
Lamborghini has partnered with Animoca Brands to launch digital cars on the blockchain, marking the company’s first foray into Web3 gaming. The project, called “Fast ForWorld,” will allow players to buy, sell, and drive Lamborghinis in games like Torque Drift 2, REVV Racing, and Motorverse Hub.
FTX to Sell 22.3 Million of Its WLD Tokens to Pay Off Debt
FTX is preparing to auction 22.3 million Worldcoin (WLD) tokens, worth approximately $37.7 million, at a large discount to recover assets for creditors.
Details: FTX to Sell 22.3 Million of Its WLD Tokens to Pay Off Debt (allinstation.com)
SEC Officially Appeals in Ripple (XRP) Lawsuit
The US Securities and Exchange Commission (SEC) has officially appealed a federal judge's ruling in its lawsuit against Ripple.
Details: SEC Officially Appeals Case Against Ripple (XRP) (allinstation.com)
Franklin Templeton Expands Half-Billion-Dollar RWA Fund to Aptos Blockchain
Franklin Templeton, a $1.6 trillion asset manager, has announced the expansion of its OnChain US Government Money Fund (FOBXX) to the Aptos blockchain.Franklin Templeton, a $1.6 trillion asset manager, has announced the expansion of its OnChain US Government Money Fund (FOBXX) to the Aptos blockchain.
Details: Franklin Templeton Expands Half-Billion-Dollar RWA Fund to Aptos Blockchain (allinstation.com)
Ethereum ICO Whale Just Cashed In on ETH for 848,397% Gain
Over the past two days, a whale wallet that participated in the recent Ethereum ICO has sold 19,000 ETH, equivalent to $47.54 million. The whale's ETH sale comes after more than two years of "hibernation".
Details: Ethereum ICO Whale Just Cashed Out ETH for 848,397% Profit (allinstation.com)
Binance adds 5 coins to warning list
Recently, Binance announced that it will attach the Monitoring tag to 5 coins and put them under watch. This increases the risk of these 5 coins being delisted.
Details: Binance adds 5 coins to warning list (allinstation.com)
OpenAI Just Completed a $6.6 Billion Funding Round
OpenAI just completed a $6.6 billion funding round on October 3, bringing the company's valuation to $157 billion, making OpenAI one of the three largest funded startups globally.
Details: OpenAI Just Completed a $6.6 Billion Funding Round (allinstation.com)
Wintermute Deposits Over $100 Million ETH to Binance in Last 24 Hours
Wintermute continued to deposit ETH on the exchange on October 3, with a total value of more than $100M into 4 different Binance wallets.
Details: Wintermute Deposits Over $100 Million ETH to Binance in Last 24 Hours (allinstation.com)
Grayscale launches Trust for AAVE
Recently on the evening of October 3, Grayscale officially launched the $AAVE fund.
Details: Grayscale Launches Trust for AAVE (allinstation.com)
Binance Labs Announces Investment in Sophon
Binance Labs recently announced an investment in Sophon, a Layer-3 project on ZKsync, for an undisclosed amount.
Details: Binance Labs Announces Investment in Sophon (allinstation.com)
Identity of Bitcoin Founder Satoshi Nakamoto May Soon Be Revealed by HBO
Documentary filmmaker Cullen Hoback and HBO have just announced their upcoming film, “Money Electric: The Bitcoin Mystery,” with the promise that the true identity of Bitcoin’s creator, Satoshi Nakamoto, may be revealed.
Details: Identity of Bitcoin Founder Satoshi Nakamoto May Soon Be Revealed by HBO (allinstation.com)
Wintermute Receives 1,000 Bitcoin Worth Over $61 Million From Unknown Wallet Address
On October 4, Wintermute's address received 1,000 BTC from an unknown address at 8:48 AM Vietnam time, with a total value of about 61.01 million USD.
El Salvador President Discusses Cryptocurrencies in Meeting with Argentine Vice President
On October 4, El Salvador President Nayib Bukele made an official visit to Argentina and met with Argentina's Vice President, Victoria Villarruel, to discuss cryptocurrencies and El Salvador's experience with Bitcoin.
IMF Urges El Salvador to Scale Back Bitcoin Policy
On October 3, the International Monetary Fund (IMF) continued to call on El Salvador to scale back policies related to Bitcoin and reform the legal framework for this digital currency.
Details: IMF Urges El Salvador to Scale Back Bitcoin Policy (allinstation.com)
Coinbase Announces Listing of ARKM Futures
Coinbase recently announced the listing of futures contracts for a new token called Arkham (ARKM).
Details: Coinbase Announces Listing of ARKM Futures (allinstation.com)
Coinbase “threatens” to delist USDT in Europe in December 2024
Coinbase Global Inc. will remove all stablecoins that do not comply with new European Union (EU) regulations by the end of 2024.
Details: Coinbase “threatens” to delist USDT in Europe in December 2024 (allinstation.com)
