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VCs are start building on $SUI
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SUI
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What Happened in the last 24 hours? (2 Oct 2023) 1. OPNX CEO meets Justin Sun - OPNX is a new crypto exchange created by Zhu Su & Kyle Davies - Will Justin help OPNX after Zhu is arrested in Singapore? 2. SUI will unlock $16.43 million in tokens next week - Based on Token Unlock , apart from SUI, IMX & DYDX will also unlock tokens worth millions of dollars - AXS will unlock $69.5 million worth of tokens in October, 11.5% of its supply 3. VanEck planned to donate 10% of profits from the Ethereum Future ETF - This donation is for the Protocol Guild, a collection of 152 contributors from Ethereum - They plan to donate for 10 years - ETH price continues to rise due to these Ethereum Futures ETF rumors 4. BitMEX will sell $ETH for millions of dollars - BitMEX plans to convert their $20.6 million ETH and $80 million USDT insurance funds to USD (fiat) - This USD will then be deposited in a custodian account - BitMEX still has an insurance fund of 36,700 BTC or currently worth $1 billion 5. Brazil launches blockchain-based digital ID - More than 214 million Brazilians will start having digital IDs - In recent years, Brazil has been trying to unify ID for its 30 states - Apart from digital ID, Brazil is also developing CBDC 6. Over $889 million lost to Web3 in Q3 2023 - According to Beosin reports almost $300 million was lost due to rugpull - Funds lost in Q3 surpassed Q1 & Q2's $300 & $333 million respectively - DeFi on Ethereum is still the biggest target of hackers and rogue devs 7. Ghana is bankrupt! - Ghana has relied on the IMF for support 17 times, 8. Honda accepts crypto payments such as $XRP $DOGE & many cryptocurrencies. - Thanks to a partnership with FCF Pay, - At least 46 cryptos supported by the FCF Pay for Honda blockchain payment system 9. UBS Launches Tokenization Trial On Ethereum - Part of the Monetary Authority of Singapore's Project Guardian to tokenize real-world assets.
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