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.