DeFi Data

1. Total market value of DeFi tokens: $73.882 billion

DeFi total market value Data source: coingecko

2. The transaction volume of decentralized exchanges in the past 24 hours was US$9.425 billion

The transaction volume of decentralized exchanges in the past 24 hours. Data source: coingecko

3. Assets locked in DeFi: $81.221 billion

The top ten rankings of DeFi projects with locked assets and locked-in amounts. Data source: defillama

NFT Data

1. Total NFT market value: $28.087 billion

NFT total market value, top ten projects by market value Data source: Coinmarketcap

2. 24-hour NFT trading volume: $1.921 billion

NFT total market value, top ten projects by market value Data source: Coinmarketcap

3. Top NFTs in 24 hours

Top 10 NFTs with the highest sales growth in 24 hours Data source: NFTGO

Headlines

US Senators propose stablecoin regulation bill

Golden Finance reported that US Senator Bill Hagerty, who supports cryptocurrencies, has released a draft for discussion of legislation that "provides much-needed regulatory clarity". The draft is very close to the Clarity for Payment Stablecoins Act drafted by Republican Congressman Patrick McHenry and Democrat Maxine Waters in the House of Representatives. Hagerty's draft adopts the structure of the House bill while dividing federal regulation into the Federal Reserve's regulation of banks and the Office of the Comptroller of the Currency's regulation of non-bank institutions. The draft will include a provision that issuers exceeding the $10 billion threshold may be exempted by federal regulators and then continue to be subject to the jurisdiction of their states. The draft legislation also includes maintaining foreign exchange reserves denominated in US dollars on a one-to-one basis.

NFT Hot Spots

1. NFT artist DeeKay: All wallets were stolen, but NFTs were intact

Golden Finance reported that NFT artist DeeKay posted that all his wallets were stolen for unknown reasons. DeeKay said he had just become a victim of cybercrime. All his wallets were stolen, and all the savings he earned as a Web3 artist disappeared. But only his funds were taken away, and the NFTs were intact.

2. NFT holders sued art galleries for violating the Metaverse promise

Golden Finance reported that 36 NFT collection Meta Eagle Club holders sued the art galleries and artists who produced their NFTs, claiming that they failed to deliver on the private clubs and other promised benefits based on the metaverse. The organization filed a lawsuit in the New York Federal Court on October 9, claiming that the project of Eden Gallery and artist GalYosef "is a 'carpet scam'."

DeFi Hotspot

1. Metis launches a funding program to support cross-chain DeFi, RWA tokenization and social projects

Golden Finance reported that Metis announced the launch of the "Thrive Metis STAR Tathon" funding program, which will provide more than US$200,000 in funds to support promising projects in the fields of cross-chain DeFi, RWA tokenization and social platforms. Applications will be accepted before October 21.

2. Privacy public chain Namada opens verification node delegation application

Golden Finance reported that the privacy public chain Namada announced that the Anoma Foundation is launching the Namada delegation program, and applications for the program are now open, with a deadline of October 31, 2024. The program will be used to delegate up to 50 validator nodes. Accepted validators will receive a 6-month delegation from the Anoma Foundation to help the decentralization, stability and security of the network.

3. Ethereum Foundation EcoDev Research Team Launches Full-time Researcher Scholarship

On October 11, the Ethereum Foundation's EcoDev research team launched five full-time researcher positions, which will provide researchers with a six-month research scholarship to explore emerging use cases for Ethereum and seek innovative research proposals to promote the development of the ecosystem. Applicants need to submit their applications before November 15, 2024. EcoDev hopes that researchers will provide monthly progress reports and a final report summarizing their findings at the end of six months.

4.Scroll Co-creation: Binance will support Scroll on stablecoins in the near future

Golden Finance reported that Sandy Peng, co-founder of Scroll, wrote that for Scroll, Binance is not just a listing platform, it is the best channel for us to reach global distribution. It will open deposit and withdrawal channels and help us develop to the next stage, especially in emerging markets. Scroll ETH deposit and withdrawal functions on Binance are now live, and Binance will directly support stablecoins on Scroll soon. We will be the first zkRollup to receive this support. This has been a repeated request we have received from developers in emerging markets, and we are doing our best to support them. We love and appreciate our community, but wider distribution will benefit everyone so that we can welcome more members to join us in the future.

5.Solana launches developer video training camp, covering knowledge such as smart contracts and DeFi application development

On October 11, Solana announced the launch of a free developer training camp, Bootcamp, which covers knowledge about Solana smart contracts, deployment of DeFi applications, and security. Developers can learn Solana development in a 20-hour course on YouTube.

Game Hotspot

1. Web3 blockchain game Infinitar completes $9 million Series A financing

Golden Finance reported that Web3 multiplayer online battle arena (MOBA) Infinitar announced the completion of a $9 million Series A financing, led by Lam Group and AccelByte, with participation from Waterdrip Capital, AC Capital, DEX Ventures, and Mason Labs. The post-investment valuation reached $150 million, bringing its total financing to $11.9 million. Infinitar announced plans to launch a public beta version and experience center, as well as game guild, community and studio node plans in the future, and will also launch a Gold mining system and token TGE announcement.

2. TON Ecosystem GameFi Game Project Coco Park Completes $800,000 in Financing

Golden Finance reported that Coco Park, a GameFi game project of the TON ecosystem, announced the completion of US$800,000 in financing to expand its user base and improve its user experience, while carrying out further product development. Its partners include Ton Degen, GenesisWeb3, Piggy Piggy, etc., and it plans to release game NFTs on October 16.

Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and is not intended as actual investment advice. Please establish a correct investment philosophy and be sure to raise your risk awareness.