🆘 What happened in Crypto in the last 12h? 🆘

• China announced an economic stimulus package on the 8th of this month, including an early injection of 100B yuan. However, it fell short of expectations as it did not propose a large-scale fiscal expansion policy. China has scheduled a press conference on the expansion of fiscal policy for 1AM UTC on the 12th.

• $ATH - Aethir announced the launch of the $100 million Aethir Ecosystem Fund to accelerate innovation in AI and gaming.

• $UNI - Uniswap has announced Unichain, an Ethereum L2 built on the OP Stack, in collaboration with Flashbots.

• $BIGTIME - Coinbase Int. has announced the $BIGTIME-PERP market, which will begin on Oct 17, after 9:30AM UTC.

• The SEC charged Cumberland DRW with acting as an “unregistered dealer” in cryptocurrency trading.

• $WLFI - World Liberty Financial plans to raise $300M at a $1.5B valuation through an initial token sale next week, according to a roadmap obtained by The Block.

• Fidelity is preparing to introduce its first money market fund that will be traded on the blockchain.

• $ENA - Ethena announced that it has decided to invest its $46 million reserve fund in a variety of tokenized assets. The investment will be allocated to BlackRock BUIDL, Mountain's USDM, Superstate's USTB, and Sky's USDS.