Featured News:
1.THORSwap resumed trading and updated its terms of service, and related tokens rose sharply;
2. G20 leaders issued a joint communiqué and unanimously approved a roadmap for cryptocurrency regulation;
3. Beluga Protocol on Arbitrum was attacked, losing 108.9 ETH;
4. Paidun: Rug Pull of BIGTIME token on BNBChain;
5. Metamask’s fee income in the past month reached $1.23 million, about 60% of which came from Symbolic Capital
Project News
THORSwap resumes trading and updates terms of service, and related tokens all rise sharply
THORSwap, a cross-chain DEX aggregator based on THORChain, announced that the platform has been back online and resumed trading, adding some additional protections to prevent illegal capital inflows and ensure compliance. In addition, THORSwap has also updated its terms of service to block users from countries subject to US sanctions. Previously, THORSwap suspended trading last Friday due to allegations that illegal funds related to the FTX vulnerability in November 2022 flowed through the trading platform.
Flare Network announces the destruction of 2.1 billion FLR tokens to support ecosystem development
According to CoinDesk, Flare Network announced that it will destroy 2.1 billion FLR tokens to support the healthy development of the ecosystem. Among them, 198 million FLR will be destroyed immediately, and then 66 million FLR will be destroyed every month until January 2026.
Merit Circle: Destroyed over 35% of total supply of MC tokens
The blockchain gaming guild Merit Circle announced that it has destroyed 368,707,273 MC tokens, accounting for more than 35% of the total supply.
G20 leaders issued a joint communiqué, unanimously approving a roadmap for cryptocurrency regulation
According to Cryptonews, G20 finance ministers and central bank governors issued a joint communiqué in Marrakech, Morocco, announcing the unanimous adoption of a comprehensive roadmap for regulating crypto assets. The roadmap aims to enhance global financial stability and ensure that cryptocurrencies are effectively managed within the international economic framework.
Binance Leverage adds NTRN asset and opens NTRN full-margin and isolated-margin leverage trading pairs
According to the official announcement, Binance Leverage has added NTRN assets and opened NTRN full-position and isolated leverage trading pairs.
Arbitrum 50 million ARB short-term incentive plan voting ends: Camelot, Jones, GMX and other 29 projects win
The first round of voting for the Short-Term Incentive Program (STIP) launched by Arbitrum has been completed. Among the 97 proposals submitted, 29 projects will be able to participate in this incentive program according to Arbitrum rules, including Camelot, Jones, Dopex, GMX, Galxe, LODESTAR, Socket, Timeswap, RADIANT, Pendle, MUX, Frax, Tally, Rysk, Silo, Stella, Good, Gamma, Umami, Abracadabra, KyberSwap, OpenOcean, Angle, Trader, Dolomite, Premia, Vertex, Perennial and Balancer.
Related reading: "New developments in the event: Arbitrum's 50 million ARB short-term incentive plan voting ended, 29 projects including Camelot, Jones and GMX won"
friend.tech「Keys」Price Ranking: Crypto KOL Vombatus ranked first with 8.372 ETH
The latest data from friend.tech「Keys」price rankings shows:
Crypto KOL Vombatus ranked first with 8.372 ETH;
Crypto KOL CBB0FE ranked second with 5.588 ETH;
Crypto KOL Levi ranked third with 4.935 ETH;
Crypto KOL dingaling ranked fourth with 4.128 ETH;
Crypto KOL Herro ranks fifth with 4.064 ETH.
Beluga Protocol on Arbitrum suffered an attack, losing 108.9 ETH
According to Paidun’s monitoring, the DeFi protocol Beluga Protocol on Arbitrum has been under continuous attack, with a total loss of 108.9 ETH (about 168,000 US dollars). The initial funds of the attacker’s address came from 0.1 ETH from OKX.
Paidun: Rug Pull of BIGTIME Token on BNBChain
According to Paidun’s monitoring, a Rug Pull occurred on BNBChain for the meme token of the same name BIGTIME. The address 0x60d6...27 has exchanged 1,000,000,000,000,000 BIGTIME for 789.15 BNB (approximately US$162,800).
Arca initiates discussion on Blur fee switch proposal, intended to be used to repurchase and destroy BLUR
Arca, an investment institution, initiated a discussion on the Blur fee switch proposal, which would add a 1% base transaction fee to the Blur market protocol. It is proposed that these fees be used to systematically repurchase and destroy BLUR every day.
Terraform Labs: Market maker Citadel Securities has potential connection with UST depegging
According to Blockworks, Terraform Labs filed a motion with the court requiring market maker Citadel Securities to "produce certain data pursuant to a third-party subpoena," stating that this was "critical" to its defense in a lawsuit filed by the U.S. SEC.
The motion states that Terraform Labs issued subpoenas to Citadel Securities and Citadel Enterprise Americas for trading data "related to the May 2022 unpegging." Terraform points out that public evidence shows that Ken Griffin, the head of the Citadel entity, intended to short UST around the May 2022 unpegging.
Terraform said Nansen’s data helped them find “seven so-called ‘whales’ who have the ability and determination to go long or short on an asset or financial instrument.” In addition, the data also showed that “a small number of participants discovered the vulnerability early in the UST depegging.”
data
Data: DWF Labs deposited 50 million ORBS to Bithumb, equivalent to approximately $1.3 million
According to Lookonchain monitoring, DWF Labs has just deposited 50 million ORBS (about 1.3 million US dollars) into Bithumb.
PYUSD Transparency Monthly Report: Total circulation exceeds US$94 million, with the core asset being US Treasury bonds due in 2027
The PayPal USD (PYUSD) transparency report shows that as of September 29, 2023, the total amount of PYUSD tokens in circulation is $94,396,540, and the corresponding assets are $96,459,630, which meets or exceeds the token balance. The main asset is the US Treasury bond due in 2027, with a market value of $95,880,104.
Lookonchain: LOOM rose 30% today, and Upbit-related wallets are suspected to hold 50% of its total supply
According to Lookonchain, the price of LOOM has soared by about 30% today, and a wallet address suspected to be related to Upbit has increased its holdings by 21.42 million LOOM (about 5.83 million US dollars) today. Currently, the wallet holds 653 million LOOM (about 181 million US dollars), accounting for 50% of the total supply.
Data: DWF Labs deposited 1.9 million ORBS to Coinone in the past two days, with a total holding of 138 million ORBS
According to Lookonchain monitoring, DWF Labs deposited another 800,000 ORBS (about $21,000) into Coinone 15 minutes ago. In the past two days, DWF Labs has deposited a total of 1.9 million ORBS (about $48,000) into Coinone.
Data: Loom Network team address deposited 7.154 million LOOM to Binance, worth approximately $2.03 million
According to The Data Nerd, 2 hours ago, the wallet 0x07f related to the Loom Network team deposited 7.154 million LOOM (worth approximately US$2.03 million) to Binance at an average price of US$0.283.
Data: $640 million worth of BTC and $290 million worth of ETH options contracts will expire today
According to Greeks.live data, 24,000 BTC options are about to expire, with a Put Call Ratio of 1.23, a maximum pain point of $27,000, and a notional value of $640 million.
In addition, 190,000 ETH options are about to expire, with a Put Call Ratio of 0.71, a maximum pain point of $1,600, and a notional value of $290 million.
Greeks.live said that BTC continues to lead the market, with BTC options holdings increasing by nearly 70% this week, of which BTC put options holdings accounted for 60% of the total, which is relatively rare, while ETH continues to be sluggish. IV of all major maturities is still at a historical low, with no signs of rebound, and as liquidity continues to deteriorate recently, the big market seems to be getting closer.
Metamask's fee income in the past month reached $1.23 million, about 60% of which came from Symbolic Capital
According to Scopescan, Symbolic Capital conducted 2 transactions through Metamask in the past 2 hours, totaling $4.15 million, contributing $34,000 in fees to Metamask (with a fee rate of 0.875%). In the past month, Metamask has earned $1.23 million in fees, of which about $740,000 (about 60%) came from Symbolic Capital.
Whales who are long on WBTC, ETH and other assets on Aave have started selling WBTC to repay their debts and are now at risk of liquidation.
According to Lookonchain monitoring, a whale went long on WBTC, ETH, LINK, UNI, and MKR on Aave and started selling WBTC to repay debts. The whale deposited $11 million in assets on Aave and borrowed $8.45 million in stablecoins. The current health rate is 1.08, close to the risk of liquidation.
A whale transferred 990,000 WLD to OKX, worth about $1.44 million
According to Scopescan, a whale has withdrawn 990,000 WLD ($1.44 million) from Optimism Bridge and transferred it to OKX. In the past 35 days, the whale has transferred 5.94 million WLD ($8.6 million) to OKX, and the transfer operation is carried out every week.
The address starting with 0xfF3 has transferred a total of 4.15 million ARKM to the Wintermute Binance deposit address in the past 7 days, with a value of approximately US$1.39 million
According to on-chain data analyst Ember, the Arkham Ecosystem & Community Incentives wallet transferred 25.73 million ARKM (US$8.6 million) to the address starting with 0xfF3 seven days ago. The address starting with 0xfF3 has transferred a total of 4.15 million ARKM (US$1.39 million) to the Wintermute Binance deposit address in the past seven days.
The third largest retail address of BLZ deposited 14.756 million BLZ into Binance
According to Spot On Chain monitoring, BLZ's third largest retail holding address 0xE8F deposited the remaining 14.756 million BLZ into Binance at an average price of $0.117 (approximately $1.73 million) 20 minutes ago.
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