Last week witnessed a series of new updates from layer-2 solutions, from old projects confirming airdrop timing and announcing tokenomics, to new projects "teasing" their launches and receiving investments.
Let's go through all the crypto movements this week with Coin68 to make sure you don't miss any important news!
Fluctuations of top cryptocurrencies compared to 7 days ago. Screenshot from TradingView at 10:55 AM on 13/10/2024
📺 Coin68 TV
- DeFi Discussion ep.167: What narratives will "take off"?
- Jen's Podcast - Episode 11:
- Economics Talk #2: Is the Fed's interest rate cut a 'double-edged sword'?
- Brain Boost #35: How to eliminate the psychology of early profit-taking and endless losses in investing
- Project Review: Final Glory - Earn thousands of dollars by playing games?
📄 News Highlights
Highlights 🔥
- HBO announces that Peter Todd is Satoshi Nakamoto - The community is debating
- The U.S. bankruptcy court approves the asset compensation plan of FTX
- 1.3 billion USD ETH related to the PlusToken case "moves", with 17 million USD being moved to exchanges
Big Cap 💎
- Whale wallets from the Ethereum ICO era are selling off assets
- Avalanche buys back 54 million USD of AVAX tokens from the Luna Foundation Guard
- Bitget commits to compensating for the BGB incident that suddenly "plunged" 50%
- Arkham is preparing to launch a derivatives exchange, ARKM "surges" 20%
- Fundraising: Bitlayer (9 million USD), Ithaca (20 million USD)
- Another case of a crypto trader losing 35 million USD ETH due to phishing
DeFi and Layer 2 🦄
- Uniswap launches Layer-2 Unichain
- Optimism announces Airdrop round 5, allocating 10 million OP to users
- Scroll sets the snapshot schedule and Airdrop plan for SCR token
- Swell confirms Airdrop of tokens for users
- Puffer Finance announces tokenomics ahead of the PUFFER Airdrop on 14/10
- The DeFi project of the Trump family proposes to launch on Aave, aiming to raise 300 million USD
- Ethena injects 46 million USD into RWA BUIDL, USDM, USTB and USDS products
NFT, GameFi, Metaverse and SocialFi 🖼 🎮🌐
- Ubisoft announces its first Web3 game title on Oasys
Major Institutions 💰
- MicroStrategy wants to become the world's first Bitcoin bank
- Bitfinex is considered the only entity eligible to recover 94,600 BTC from the 2016 hack
- Metaplanet buys an additional 108.99 BTC, increasing its total holdings to 46.8 million USD
- Canary Capital is the second company to register a spot XRP ETF with the SEC
- VanEck establishes a 30 million USD crypto and AI investment fund
- Mt. Gox extends the debt repayment period by an additional year to 31/10/2025
- Stripe reopens its cryptocurrency payment gateway
Legal and Regulatory ⚖️
- FBI issues tokens to set traps and then accuse crypto companies of "price manipulation"
- Crypto.com files a lawsuit against the SEC after receiving a Wells Notice
- UAE exempts crypto transactions from VAT
Compiled by Coin68
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