๐ Immunefi announced the launch of Vault Systems, a smart contract system that allows developers to securely deposit funds intended to pay hackers or researchers for reporting vulnerabilities in their code.
decrypt.com
decrypt.com
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๐ #TBD Celestia launch.t Genesis airdrop: a total of 60 million #TIA will be allocated, applications close on October 17 www.witter.com
๐ #TBD #TIA, Celestia airdrop website is down, officials say a fix will be released soon.
celestia.org
celestia.org
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๐๐ #LINA #LUSD Linear Finance is launching a vote on options for restoring access to user assets. Medium.com
๐ #LINA #LUSD Currently, the Linear Finance protocol is closed for maintenance, user assets are safe.
twitter.com
twitter.com
๐โโ #XRP Ripple appoints former Obama White House official as head of US Department of Public Policy and Government. theblock.com
๐ Pantera Research: Almost all employees of cryptocurrency companies are paid in fiat, and the average salary is $120,000.
The vast majority are paid in USDC and USDT, with 13% in BTC
The vast majority are paid in USDC and USDT, with 13% in BTC
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๐ฐ #ETH Web3 Blocknative infrastructure firm raises $15M for Ethereum block building market The funding round was led by Blockchain Capital, Foundry Group and several other venture capital firms. #Web3 coindesk.com
๐
โโ Blocknative will suspend its MEV-Boost Relay and associated Ethereum #ETH block developers tomorrow. the block
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๐ฅณDBS, Singapore's largest bank by market cap, said it has become the first Asian bank to use JPMorgan's (JPM) blockchain-based trading network Onyx
๐ง๐ญ๐ฆ Bahrain-based Bank ABC will use JPMorgan's Onyx Coin Systems for blockchain-based cross-border payments. cointelegraph
๐ #BTC Sentiment: BTC is experiencing its lowest level of trading volume (in dollar terms) since March 2019. Unsurprisingly, this decline coincided with a drop from the peak supply of BTC on exchanges, which occurred almost 3 years ago.
๐ #RON Ronin Network will release name service - RNS.
Companies and brands have until October 26, 2023 to reserve their RNS titles ahead of a public sale scheduled for later in the year.
Companies and brands have until October 26, 2023 to reserve their RNS titles ahead of a public sale scheduled for later in the year.
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๐ผ๐ The Pudgy Penguins NFT project has agreed to collaborate with Hollywood agency WME #NFT twitter.com
๐ง๐ค #NFT Pudgy Penguins enter into major IP and merchandising deal with Walmart
๐บ๐ธ The Federal Reserve Banks of Boston and New York published report, comparing stablecoins to money market funds.
Key findings from the report include the observation that stablecoins and money market funds are following similar patterns during circulations and that stablecoins could introduce instability into the broader financial system: โStablecoins appear to have a discrete โprofitabilityโ threshold of $0.99, below which redemptions accelerate and prolongโperiods in which investors flee, potentially leading to asset collapse for remaining investors.โ
Key findings from the report include the observation that stablecoins and money market funds are following similar patterns during circulations and that stablecoins could introduce instability into the broader financial system: โStablecoins appear to have a discrete โprofitabilityโ threshold of $0.99, below which redemptions accelerate and prolongโperiods in which investors flee, potentially leading to asset collapse for remaining investors.โ
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๐๐ฎ๐ณ Chainalysis: India has become the world's second largest cryptocurrency market by transaction volume, ahead of the UK, Turkey and Russia. More broadly, Central and South Asia and Oceania account for 20% of the global cryptocurrency market.
๐ฎ๐ณ๐ฐ Gemini is investing $24 million in expansion in India. cointelegraph.com
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๐บ๐ธ There is nothing new in the prepared section on crypto in Gensler's written testimony for today (17:00 Moscow time): โWhile I am happy to discuss the work of the SEC, I will not be able to comment on any active, ongoing litigation.โ
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๐บ๐ธ๐ฃ Prepared Statement of Gensler for the House Financial Services Committee hearing scheduled for tomorrow, the contents are the same as the September 12 Senate hearing.
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โก๏ธ Franklin Templeton has applied for a spot BTC-ETF