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OKX WEB3: Classic Theft Cases Faced by Airdrop Hunters and How to Prevent Them Read more
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Farcaster's new users have fallen into a low growth phase, from a daily peak of about 15,000 in early February to about 650 at present. Farcaster's DAU has dropped from a peak of 100k in early July to 60k, a decline of about 40%. The number of posts and interactions has dropped by more than 60% from the peak, according to @filippoarman dune.
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Bitcoin spot ETFs had a net outflow of $706 million last week, and none of the 12 Bitcoin spot ETFs had a net inflow last week. Grayscale ETF GBTC had a weekly net outflow of $160 million, and Fidelity ETF FBTC had a weekly net outflow of $404 million. https://sosovalue.com/zh/assets/etf
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Events that may cause macro market fluctuations this week include: Apple's new product launch, the US release of August CPI, Harris and Trump debate on ABC News, and the US release of the September University of Michigan Consumer Confidence Index. https://tradingeconomics.com/calendar
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FriendTech, the Web3 social network which surged in activity one year ago, has been effectively shuttered after its developers renounced control over its smart contracts. A revival of the platform now seems unlikely as the contract ownership revocation prevents its takeover by a new team interested in adding features to the social platform. TheBlock
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Multicoin partner Kyle Samani said that interoperability issues have a direct impact on Ethereum's price performance. Many users are frustrated with cross-chain operations. Vitalik needs to promote the establishment of an interoperability standard so that all Layer 2 projects can reach a consensus.
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