TOP9ICO CRYPTO DAILY DIGEST — 03 OCTOBER '23 Project Upda | TOP 9 Where to Invest❓NFT / Blockchain games / DEFI / WEB3
TOP9ICO CRYPTO DAILY DIGEST — 03 OCTOBER '23
Project Updates
• Axie Infinity, Optimism, and Aptos feature prominently among over $200 million in October token unlocks.
• ZeroSync blazes a trail by implementing the first Stark-based ZK client for Bitcoin.
• Chainlink is on the move, unveiling 'Data Streams' to significantly reduce latency while simultaneously expanding decentralized computing capabilities.
Raises
• Deus X Capital bursts onto the scene with an impressive launch, boasting $1B in assets.
Rugs / Exploits
• A shadow looms as the FTX hacker transfers more than $38 million in just a matter of days.
Governance
• The landscape shifts as Chia Network lets go of a third of its workforce, primarily due to the unexpected delay of their anticipated public launch after the departure of a key banker.
Onchain
• Pudgy Penguins sees a staggering surge of 241% in
its trading volume, primarily driven by its groundbreaking deal with Walmart.
Regulatory / Lawsuits
• All eyes are on Sam Bankman-Fried as he goes on trial today.
• GSR edges closer to its goal, securing in-principle approval for a Singapore payment institution license.
The IMF takes a deep dive into the world of crypto, releasing a paper proposing a unique framework aimed at assessing the systemic risk posed by crypto assets.
Crypto Companies
• Nomura's crypto arm spreads its wings, establishing a new office in Japan.
• The financial landscape sees a significant shift as Tesla reveals its first quarter-on-quarter decline since 2020, with Elon Musk's actions reportedly letting down many Wall Street bulls.
• Rollbit reports a massive $38M in betting revenues for September, with the RLB Token experiencing a notable uptick.
Industry / Pop Culture
• The worlds of fashion and finance collide as Anna Wintour's representatives reportedly convey to Bankman-Fried that he would be persona non grata in the fashion industry following his decision to give the Met Gala a miss.
• Football legend Tom Brady and supermodel Gisele Bündchen find themselves in the limelight with revelations of Bankman-Fried agreeing to fork out a staggering $55 million and $20 million respectively for their time prior to FTX's downfall.
Market Analysis
• The overall crypto venture scene undergoes a downturn, with deals plummeting by 33% in what's described as the most lackluster quarter since 2020.
Metrics / Miscellaneous
• Friend Tech's remarkable summer boom now accounts for a whopping 20% of Base transaction fees.
#CRYPTONEWS
