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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)
EigenLayer his been hit by criticism after it was revealed that staking rewards received by early investors are not restricted by token lock-ups.
The situation echoes Celestia's token launch, which was followed by a 75% plunge as investors could sell staking rewards.
EIGEN's total supply is fixed at 1.68 billion and its circulating supply is 186 million. As it stands, there are 130 million EIGEN tokens staked. Many believed these were all a part of the claimed tokens but in fact, 70 million of these tokens belong to this small group of early investors.
https://www.coindesk.com/business/2024/10/02/eigenlayers-token-launch-draws-scrutiny-over-supply-concerns/
OpenAI has completed a deal to raise $6.6 billion in new funding, giving the artificial intelligence company a $157 billion valuation.
The funding round was led by Thrive Capital.
Other investors included Microsoft, Nvidia, SoftBank, Khosla Ventures, Altimeter Capital, Fidelity, and MGX.
https://www.bloomberg.com/news/articles/2024-10-02/openai-has-closed-new-funding-round-raising-over-6-5-billion
The FTX estate is set to auction 22.3 million locked Worldcoin (WLD) tokens, currently valued at around $37.7 million, at a significant discount, three sources with direct knowledge of the matter told The Block.
https://www.theblock.co/post/319198/ftx-estate-worldcoin-wld-token-sale
Franklin Templeton Adds Aptos Blockchain to Support Tokenized Money Market Fund
The $435 million fund is also available on Avalanche, Arbitrum, Stellar and Polygon.
https://www.coindesk.com/business/2024/10/02/franklin-templeton-adds-aptos-blockchain-to-support-tokenized-money-market-fund/
1 billion total transactions are on Injective.
https://x.com/injective/status/1841444174232801542
Binance Futures will launch the DIAUSDT Perpetual Contract at 2024-10-02 12:30 UTC with up to 75x leverage.
https://www.binance.com/en/support/articles/b2552cf226ed409990663ea2a8fc089f
Ozean has integrated with LayerZero to unlock liquidity for RWAs across DeFi.
The integration will enable Ozean’s native stablecoin (USDX) and yield-bearing stablecoins (ozUSD) to be accessed across all EVM Layer 2s and Solana.
https://x.com/clearpoolfin/status/1841100931443933514
Argentina's VP meets with Bukele over Bitcoin and volcano bonds.
https://cryptobriefing.com/bitcoin-bilateral-talks-argentina-2/
Spot ETF Flow on 1.10: BTC-ETF -$242.53M, ETH-ETF -$48.52M
https://sosovalue.com/assets/etf/us-btc-spot
Bitwise has filed an XRP ETF
https://cointelegraph.com/news/bitwise-files-xrp-etf
The crypto market is down
BTC Dominance - 55.86%
Market Cap - $2.19T
BTC - $61,770.15 (-3.03%)
ETH - $2,491.16 (-5.25%)
BNB - $554.5 (-4.11%)
SOL - $147.26 (-5%)
INJ - $21.03 (-14.29%)
TON - $5.44 (-6.05%)
EIGEN - $4.07 (14.62%)
SUI - $1.81 (-4.89%)
ZRO - $4.46 (-5.76%)
https://dropstab.com
Conflux has introduced its roadmap for the next few years.
https://confluxnetwork.medium.com/embark-on-the-conflux-tech-odyssey-mapping-out-the-next-3-5-years-de4c35b75dfe
IOTA will make an announcement on October 15.
https://x.com/iota/status/1841093063000613006
EGLD now on Bit2Me card
You can now use EGLD, the MultiversX token, to make purchases with your Bit2Me Card.
https://x.com/MultiversX/status/1841077031456452680
Ripple has secured in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its services from the Dubai International Financial Centre (DIFC).
https://x.com/Ripple/status/1841013971676967283
Puffer snapshot is coming soon
For every 10k ETH deposited, we'll raise the PUFFER community allocation by 0.1%.
70% of the increase goes to new stakers, rest to previous users.
Date: Sat, Oct 5 2024
Times: 12:00 UTC
https://x.com/puffer_finance/status/1841504279518953779
The crypto market correction
BTC Dominance - 56.31%
Market Cap - $2.15T
BTC - $61,126.59 (-1.01%)
ETH - $2,386.5 (-4.17%)
BNB - $546.7 (-1.26%)
SOL - $141.78 (-4.01%)
INJ - $20.19 (-3.85%)
TON - $5.23 (-3.96%)
EIGEN - $3.5 (-13.67%)
SUI - $1.94 (+7.35%)
https://dropstab.com
The second cap of Babylon Bitcoin staking mainnet Phase-1 is scheduled to open on 9 October 2024, around 11:00 UTC, with updated parameters.
▫️Cap-2 will be a duration-based cap that will last 10 BTC blocks, starting from height 864790.
▫️The minimum amount per transaction is still 0.005 bitcoins.
▫️The maximum amount per transaction is increased from 0.05 bitcoins in Cap-1 to 0.5 bitcoins.
▫️The number of points per BTC block will increase from 3125 to 10000.
▫️The unbonding transaction fee for stakes accepted during Cap-2 will be set to 0.00032 bitcoins, which is a 50% reduction compared to Cap-1 stakes.
▫️The 10000 points will be allocated proportionally among all active stakes (from all caps) within that block.
https://babylonlabs.io/blog/babylon-bitcoin-staking-mainnet-launch-phase-1-cap-2
Justin Sun team withdrew 21.66 million USDT from Binance today, which means that the 5.374 million EIGEN airdrops that Justin Sun received yesterday have all been sold at an average price of $4.03.
Previously, the six addresses belonging to Sun received 5.374 million EIGEN the night before, and after EIGEN was open for transfer at noon yesterday, they transferred these tokens to HTX, and then immediately transferred them to Binance.
https://x.com/wublockchain/status/1841439308307366046
💧 Top Protocols by TVL with Potential Airdrop
👉 https://dropstab.com/activities
Upbit will list Wormhole (W) on October 2 at 10:00 UTC.
After the news, the W price has increased by 20%.
https://upbit.com/service_center/notice?id=4537
The crypto venture capital market hasn’t fully adjusted to post-pandemic downturn realities, said Multicoin Capital Managing Partner Tushar Jain.
Overhyped valuations and stalled token prices reflect challenges across the crypto sector.
Jain maintains confidence in crypto’s core principles despite the market’s volatility.
https://www.theblock.co/post/319101/crypto-faces-hangover-from-venture-capital-glut-during-previous-bull-market-multicoins-tushar-jain
Drops Mini App & Bot announces the Early Bird phase is about to close and will end within the next few days!
We're removing all limits and restrictions on invites. Anyone can now get into the 👀app just by clicking on the link.
In the past 24 hours, long positions worth ~$450 million liquidated.
https://www.coinglass.com/LiquidationData
Top 300 losers in 24h: SUNDOG -18%, CAT -18%, DYM -18%, ETHFI -16%, DOGS -16%, STRK -15%, INJ -14%.
https://dropstab.com/insights/top-performance
Helix, the DEX built on Injective, is now hosting a trading competition, offering two brand-new Mercedes-Benz G-Wagons as the prizes.
The competition is live now.
Blog: https://x.com/HelixApp_/status/1840816813304660422
Join the campaign: https://helixapp.com/leaderboard/competition/
Binance has introduced risk warnings for tokens with significant tokenomics changes
With these changes, Binance will apply the risk warning banner and pop-up to the following tokens that have undergone significant changes to their tokenomics in the past 18 months:
- Travala (AVA)
- Chiliz (CHZ)
- Enjin Coin (ENJ)
- IOTA (IOTA)
- Lisk (LSK)
- Metal DAO (MTL)
- Orion (ORN)
- Self Chain (SLF)
- Solar (SXP)
- Vanar Chain (VANRY)
https://www.binance.com/en/support/announcement/introducing-risk-warnings-for-tokens-with-significant-tokenomics-changes-fc3b6e0ac0b644138cd35969663775b2
Crypto exchange Gemini is set to close all customer accounts in Canada by the end of 2024.
Gemini said it would close all accounts in Canada on Dec. 31 and told users they have 90 days to withdraw assets from the platform.
Gemini’s move comes months after the country’s financial regulators introduced rules for crypto exchanges and trading platforms operating on Canadian soil.
https://cointelegraph.com/news/crypto-exchange-gemini-close-all-customer-accounts-canada
💧 Top Tokens by FDV Launched in the Last 30 Days
👉 https://dropstab.com/tab/new-tges-listings-g5vfoxo2ch
Andrei Grachev: “AUM of DWF Labs asset management is 10x in last 10 days. Our target is to reach 50b$ AUM / 30% market share of all liquid altcoins within the following 2 years”.
https://x.com/ag_dwf/status/1841004021483532471