headlines
Fox reporter: ETF approval is fake news and the application is still under review
Fox reporter Eleanor Terrett said on social platforms that BlackRock had just confirmed to her that Cointelegraph’s previously exclusive announcement that “the U.S. SEC approved BlackRock’s iShares Bitcoin Spot ETF” was wrong news and that their application is still under review.
The U.S. SEC issued a statement on the X platform: Be careful with information on the Internet. The best source of information about the SEC is the SEC official.
Earlier news, Fox reporter Eleanor Terrett said on the X platform that the SEC had confirmed that BlackRocks iShares Bitcoin Spot ETF was approved was false news.
The U.S. government has seized approximately 200,000 Bitcoins worth more than $5 billion from cybercriminals and darknet markets. These Bitcoins are primarily stored offline in hardware wallets controlled by the Department of Justice, IRS, or other agencies. According to an analysis of public documents by crypto company 21.co, the U.S. government has seized more than 200,000 Bitcoins in the last three times alone, and even though about 20,000 Bitcoins have been sold, its holdings are still worth more than $5 billion. It is reported that the legal process may take several years from the seizure of illegal Bitcoins to the receipt of a final order to liquidate them.
Industry News
SBF applies for increased dose of Adderall during trial to ensure ability to testify
SBFs attorney, Mark Cohen, sent a letter to Judge Kaplan stating that SBF had not been taking Adderall as prescribed during the past two weeks of the trial and was concerned that SBF was unable to concentrate at normal levels, noting that this may have affected SBFs ability to testify. Note: According to the guidance document provided by the official website of the U.S. Food and Drug Administration (FDA), amphetamines represented by Adela are prescription drugs that are central nervous system stimulants and are mainly used for attention deficit disorders. Treatment of attention deficit hyperactivity disorder (ADHD) disorder. The news comes in August after SBFs psychiatrist told Judge Lewis Kaplan in a letter that SBF had a history of depression and attention-deficit/hyperactivity disorder.
On-chain data shows that FTX has pledged more than 5.5 million SOL (worth about $122 million) and more than 24,000 ETH (worth about $30 million). Among them, SOL is pledged through Figment, and the annualized return is expected to be 6.79% (that is, SOL worth more than 8 million US dollars); Ethereum is directly pledged on the network without any agreement, and the annualized return is expected to be 3.4% (that is, worth 1 million U.S. dollars) USD in ETH).
Upbit Singapore receives in-principle approval for MPI license from Monetary Authority of Singapore
Upbit Singapore announced that it has received in-principle approval for a Singapore Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS), allowing it to continue providing digital payment token services to institutional investors while it awaits full license.
It is reported that in October alone, the Singapore entities of Coinbase, Ripple and Sygnum Bank all received licensing approval from the MAS, bringing the number of digital payment token service companies with such licenses to 15.
BillyWen, the founder of Negentropy Capital, published an article on the (a total of more than 300,000 yuan). The lawyer confirmed with the Longgang District Procuratorate that the case has been submitted to the court after the supplementary investigation. The suspect has been arrested and pleaded guilty. The court will hear and pronounce the case in the near future. During the investigation of this case, the suspect Wu Moumou confessed that he was instigated by a Twitter influencer named BitRun and provided false rights protection materials concocted by him to carry out extortion through the Internet. At the same time, Longgang police have instigated the BitRun organization to instigate Wu. The crime of XX fraud will be investigated as a separate case. Since the suspect BitRun has left the country and has been operating overseas for a long time, which has affected the progress of the police evidence collection investigation, we are now collecting detailed information about the life and work of the suspect BitRun, including bank account number, home address, contact information, etc. The clues provided will be of great help to the police. If the investigation work is effective, we will provide 100,000 yuan as a reward for reporting clues. In addition, BillyWen said that its fund plans to donate 500,000 yuan to establish the Web3 builders legal aid center.
Over 51.22 million BLUR monthly unlocked tokens transferred to Coinbase Prime
According to monitoring by on-chain analyst Ember, the unlocking of the first January phase of BLUR has been transferred out within 4 hours. 51, 220, 870 BLUR (approximately US$8.56 million) were transferred from the unlocking contract to the 0x 0 A 0 multi-signature address. Then transfer it to Coinbase Prime via the 0x 0 A 0 multi-signature address.
According to monitoring by The Data Nerd, Wintermute received 21.58 million ARKM (approximately $7.34 million) from the Arkham team and subsequently deposited 1.5 million ARKM into Binance.
According to Spot On Chain monitoring, a whale address (starting with 0x 88 e) transferred its last 4,404 ETH holdings to Binance ($6.98 million) 10 minutes ago at an average price of $1,585. On June 23, 2020, the whale accumulated 11,904 ETH ($2.894 million) from Bitfinex at an average price of $243.1. Over the past 3 days, the whale deposited all 11,904 ETH ($18.58 million) into Binance at an average price of $1561, making an estimated profit of $15.8 million (542%) in ETH.
Kang Yicong, senior investor relations manager at Meitu, said that Meitus turnaround in performance this year is largely due to the companys subscription system, which prevents the companys earnings from fluctuating significantly due to macroeconomic changes. The recently popular AI business is also a growth driver for Meitu. It will not only help drive subscriptions, but its profit contribution is also expected to continue to increase. As for the cryptocurrency investment that the market is paying attention to, she revealed that the company no longer focuses on and buys such assets, and may sell them at the appropriate time. The company has basically stopped buying cryptocurrencies after 2021. The purchases at that time were for strategic considerations, and no operations have been carried out since.
FTX creditors have agreed to support a revised reorganization plan to be filed in December
FTX officially announced that after extensive discussions with the Non-U.S. Customer Ad Hoc Committee, the Unsecured Creditors Committee and the class action plaintiffs, the FTX Debtors have reached a settlement plan for the customer property dispute. If approved by the bankruptcy court, the settlement agreement will create a special Gap claims to benefit customers, as the FTX debtors filed in July, and to facilitate offers to qualifying customers for agreed amounts. All relevant creditor representatives have agreed to support the relevant revised reorganization plan to be submitted by December 16, 2023.
Project News
Slow Mist Cosine: friend.tech custom tool FrenTechPro is a phishing scam
X platform user @iamyourchaos said that FrenTechPro, the all-in-one customization tool for friend.tech, is likely to be a scam project and provided several suspicious signs, including pinned tweets that do not allow comments and followers buying behavior. In this regard, SlowMist founder Yu Xian confirmed that it is a phishing scam. After clicking ACTIVATE NOW on the webpage, it will continue to try to steal wallet-related assets. One of the phishing wallet addresses is: 0x0000d56b6e33cb711256ff3483ace599f17f0000.
According to official news, Binance completed the 25th BNB quarterly destruction. This time, a total of 2,139,182 BNB were destroyed, worth approximately US$453 million. It is reported that this destruction is based on the BNB automatic destruction mechanism, including an additional 314.69 BNB destroyed in the BNB anti-black hole plan.
Uniswap will charge a flat fee of 0.15% for 11 tokens traded through the official frontend
According to the official announcement, Uniswap Labs will charge a 0.15% exchange (swap) fee for certain tokens in its web application and wallet starting from October 17, including: ETH, USDC, WETH, USDT, DAI, WBTC, agEUR, GUSD, LUSD, EUROC, XSGD. These tokens are only charged when transacted on mainnet and L2 through the Uniswap Labs interface to sustainably fund Uniswap operations.
The NFT project y00ts announced on the .
During the migration, cross-chain transactions will be verified on Polygon within seconds, but must first be verified on the Ethereum mainnet before NFTs can be minted.
In addition, after October 22, trading y00ts on Polygon will charge a 33.3% royalty, and the team recommends users to complete the migration within 7 days.
According to Spot On Chain monitoring, rollbot.eth (the address related to the RLB deployer) exchanged 123.89 ETH for 1.426 million RLB ($193,000) at an average price of $0.135 within the past 24 hours. The last time this address purchased RLB was 40 minutes ago. During this period, the price of RLB increased by more than 10%. Currently, rollbot.eth holds 14.26 million RLB (approximately $2.04 million) in this address and 13.6 million RLB (approximately $1.95 million) in the liquidity pool.
Web3 social app Tip Coin will launch TipChat on October 23
Web3 social application Tip Coin posted on the X platform that TipChat will be launched on October 23 and will undergo a comprehensive audit before then.
A new Hook available in the Uniswap V4 Hook open source catalog is sparking controversy within the crypto community, which enables KYC checks on users before they trade. An X platform user pointed out that this opens up the possibility of DeFi protocols being whitelisted by regulatory agencies.
Hooks are tools that allow developers to customize code without changing the main structure of the program. In Uniswap V4, this Hook will allow developers to use KYC verification in DeFi protocols.
Investment and Financing
OKX Ventures announces investment in Celestia Labs
According to official news, OKX Ventures today announced its participation in Celestia Labs’ Series B financing. The specific amount has not yet been disclosed.
It is reported that Celestia is the first modular blockchain network. By separating consensus and application execution into separate chain layers, Celestia modularizes the blockchain technology stack and opens up new possibilities for DApp builders. Celestia is expected to go live later this year, becoming the first blockchain network to use Data Availability Sampling (DAS). Dora, founder of OKX Ventures, said: In order to scale, the blockchain industry is moving towards modularization, which is todays trend. Celestia has chosen a modular approach that is completely different from Ethereum, allowing developers to have higher customization capabilities , may lead blockchain infrastructure into a new era.
Squads Labs, the main development company of Solana ecological multi-signature management tool Squads, completed a strategic financing of US$5.7 million, led by Placeholder VC, Multicoin Capital, Solana Ventures, Jump Crypto, Solana Labs co-founder Anatoly Yakovenko, Jito Labs CEO Lucas Bruder, Helius Labs CEO Mert Mumtaz and others participated in the investment. Squads Labs co-founder Stepan Simkin revealed that this was a funding round with token warrants, but declined to comment on the valuation. To date, Squads Labs has raised total funding of $12.5 million.
Character·Voice
In response to the false news that SEC approves Bitcoin spot ETF, OKX CEO Star commented: It doesnt matter whether its real news or fake news. The key is do you believe that Bitcoin will become a key asset in the global economy? If you believe it, then Take it; if you don’t believe it, just sell it.”
Information on the chain shows that Huang Licheng’s address purchased a total of 8 art NFT Winds of Yawanawa in the past two hours, spending a total of 117.77 ETH. Blur data shows that the NFT floor price is temporarily quoted at 14.5 ETH, with a 24-hour increase of 70.79%.
Bloomberg Analyst: Proshares short Ethereum ETF to launch in early November
Bloomberg ETF analyst James Seyffart posted on the
