Worldcoin will use WLD to pay rewards to Orb operators and renew market maker loan agreements
Worldcoin stated in its official blog that during the transition phase after the launch of Worldcoin, Orb operator rewards were paid in the form of USDC. This transition phase is now coming to an end, and operators will then receive rewards in the form of WLD.
In addition, at the time of WLD's official launch, World Assets Ltd. (a subsidiary of the Worldcoin Foundation) entered into loan agreements with five market makers operating outside the United States. The purpose of the participation of these entities is to ensure that WLD traded on centralized trading platforms outside the United States has sufficient liquidity and enhance the price stability of WLD. The five entities received a total of 100 million WLD loans, which were originally due on October 24, 2023. However, World Assets Ltd. decided to extend the initial loan agreement to December 15, 2023, reducing the total loan amount by 75 million WLD, while keeping all other terms of the agreement unchanged. Therefore, on October 24, 2023, the market makers will return 25 million WLD of the current outstanding loans.
The price of some FTX debts exceeds 50%, and the asset recovery rate may increase
According to The Block, Thomas Braziel, a partner at 117 Partners who specializes in FTX claims, said that the valuation of some FTX claims over the counter transactions exceeded 50%, indicating that the market currently expects about half of the user assets to be recovered. Braziel said that a claim worth more than $20 million was sold at about 52% at an auction last Friday, but only the "largest and cleanest claims" could be sold at this price.
Enthusiasm around the value of FTX’s claims has grown since Anthropic, an artificial intelligence company, recently announced several large investments. FTX had bought a large stake in Anthropic. Creditors hope that the sale of Anthropic shares will help return funds to creditors, potentially leading to full recovery.
In a January X poll, most respondents said they expected to recover only 25% of their funds. Since then, FTX debtors, led by current FTX CEO John Ray III, have attempted to recoup their funds, starting to sell tokens and liquidate other assets.
SlowMist: Password manager KeePass shows advertisements for phishing websites in Google searches, please be aware of the risks
SlowMist Chief Information Security Officer 23pds issued a reminder on the X platform that the well-known open source password manager KeePass has an advertisement phishing official website in Google search. Once the user enters the "fake official website", what they download will be Trojan software. Cryptocurrency users are advised to pay attention to security risks at all times. Currently, Google has begun to deal with this issue after receiving complaints.
A whale bought another 3,574 ETH, bringing the total to 14,647 ETH since October 20
According to the monitoring of on-chain analyst Yu Jin, a whale address that mainly makes ETH breakouts spent 6 million USDC to buy 3,574 ETH in the first 20 minutes. Since October 20, he has spent a total of 24 million USDC to buy 14,647 ETH, with an average purchase price of $1,638.
MakerDAO adds another $50 million in RWA assets, bringing the total RWA assets of the protocol to over $3.3 billion
Data from makerburn.com shows that MakerDAO once again added $50 million in RWA assets through BlockTower Andromeda on October 21. In addition, the current total RWA assets of the protocol are approximately $3.327 billion.
HTX's revenue in the third quarter reached US$24.75 million, and about 2 million HT tokens were destroyed
HTX released its third quarter 2023 financial report, with total revenue of $24.75 million. Revenue sources include trading fees for spot, futures and OTC transactions, margin loan interest and withdrawal fees. 20% of the proceeds are used for quarterly token destruction, totaling about 2 million HT tokens destroyed. As of October 15, 2023, about 300 million tokens have been destroyed. The token destruction mechanism is designed to increase transparency and community participation.
Data: Polkadot’s first batch of 100 million DOT tokens will be unlocked this week
Subwallet data shows that Polkadot's first batch of Crowdloan unlocking will unlock about 100 million DOTs at 10:00 on October 24, worth about US$396 million.
In addition, Token Unlocks data shows that the following six projects will unlock tokens this week, with a total release value of approximately US$8.8 million.
1. Cartesi (CTSI) will unlock approximately 21.43 million tokens at 12:00 noon on October 23, worth approximately US$2.8 million;
2.Acala (ACA) will unlock approximately 4.66 million tokens at 8:00 am on October 25, worth approximately $220,000;
3. Euler (EUL) will unlock approximately 145,000 tokens at 10:07 am on October 26, worth approximately $390,000;
4. Galxe (GAL) will unlock approximately 586,000 tokens at 8 pm on October 27, worth approximately $686,000;
5. Yield Guild Games (YGG) will unlock approximately 12.58 million tokens at 10 pm on October 27, worth approximately $2.96 million;
6. SingularityNET (AGIX) will unlock approximately 9.53 million tokens, worth approximately US$1.74 million, at 8 am on October 28.
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