Planet Daily | Friend.tech developers have earned nearly $20 million since its launch in August; two whale addresses withdrew 30,000 ETH from CEX and pledged it yesterday (October 8)

Headlines
friend.tech developers have earned nearly $20 million since launching in August
According to DefiLlama data, friend.tech leads the pack as the largest revenue-generating app on Base and the second largest app in all cryptocurrencies. At its current rate, it is on track to reach $180 million in annual revenue. To date, the platform has collected nearly $40 million in total fees from users. These fees are generated by taxing approximately 10% of the social token transaction volume. Half of the total fees are distributed as revenue to the project team, and the other half is distributed to users who trade Keys. In addition to the $20 million in revenue, friend.tech founder "0x Racer" also earned more than $440,000 from the platform alone, according to on-chain data aggregated on Dune.
Cryptocurrency
Two whale addresses withdrew 30,000 ETH from CEX yesterday and pledged
According to the monitoring of on-chain analyst Ember, two whale addresses withdrew 30,000 ETH (about 49.28 million US dollars) from CEX yesterday and deposited it as a stake a few hours ago. • 0x 44 a withdrew 20,000 ETH through Kucoin yesterday, and then deposited it as a stake through Abyss Finance 10 hours ago; • 0x f 30 withdrew 10,000 ETH from Binance through the 0x ACc address yesterday, and then deposited it as a stake through P2P.org 7 hours ago.
The trader who made $156,000 in UNI accumulated 468,279 WLD from Binance about an hour ago
According to Spot On Chain monitoring, the trader address starting with 0x8d7, which had earned $156,000 in UNI, accumulated 468,279 WLD (about $774,000) from Binance at an average price of $1.653 about an hour ago. It is worth noting that this is his first increase in WLD and his first major activity in 2 and a half months since he ended UNI trading on July 24. In the past 24 hours, the price of WLD has also risen by 8%.
A Huobi HTX address transferred 42,999 ETH from Binance and pledged it on Lido
According to Lookonchain monitoring, a Huobi HTX-related address transferred 42,999 ETH from Binance and pledged it in Lido, which may be a signal that Sun Yuchen did not sell ETH. Earlier news, according to Lookonchain monitoring, Sun Yuchen's related address applied to withdraw 80,251 ETH (about 132 million US dollars) from Lido on October 4. So far, 43,000 ETH (about 70 million US dollars) have been withdrawn and deposited in Binance.
Project News
The total transaction volume of social protocol Stars Arena is nearly 5 million US dollars, with a 24-hour increase of 230.06%
According to DappRadar data, the total value of assets of the Avalanche-based social protocol Stars Arena has reached 2.83 million US dollars, a 24-hour increase of 95.78%; the total transaction volume is 4.93 million US dollars, a 24-hour increase of 230.06%; the total number of transactions is 249,150.
Galxe/status/1710597235744866761>Galxe: Some users still see phishing sites, it takes time to update local server DNS records
Galxe posted on the X platform that some users still see phishing sites when visiting Galxe.com. This is due to DNS propagation. It takes time to update the DNS records on the user's local server, and the time varies around the world.
The NFT transaction volume of the game-focused Mythos Chain surged, increasing by 20.31% during the same period.
The gaming-focused Mythos Chain has seen a surge in NFT trading, with the network surpassing Polygon and Solana to become the second-largest blockchain in terms of NFT sales in the past 30 days. According to CryptoSlam data, Mythos Chain has seen $33.5 million in NFT sales in the past 30 days, up 20.31% from the same period last year. In contrast, Polygon and Solana have revenues of $30.9 million and $27.9 million, respectively, down 45.50% and 16.77%, respectively. One game that may be driving the surge in NFT sales is Nitro Nation World Tour, a Web3 mobile street racing game that officially launched in October. The game is backed by popular DJ Deadmau 5.
Investment and Financing
Ostium Labs Completes $3.5 Million in Financing, with General Catalyst and Others Joining
Cryptocurrency startup Ostium Labs has raised $3.5 million in funding from investors including General Catalyst, LocalGlobe, SIG and Balaji Srinivasan. Co-founder Kaledora Kiernan-Linn said the new protocol being developed by Ostium Labs will support perpetual contract trading related to oil, Bitcoin and oil. It will also support foreign exchange pair trading for the Australian dollar, British pound, euro and yen.
Regulatory policies
Hong Kong police arrested a suspect in the JPEX case, who may be a member of a fraud group
Hong Kong police arrested a suspect in the JPEX case, who may be a member of a fraud group. So far, the police have arrested 27 people, 7 are being detained for investigation, and 20 have been granted bail pending trial.
Character*Voice
Inside the SBF case: FTX customer balances are equal to hot wallet assets, but there is an additional $8 billion in liabilities
FTX co-founder Gary Wang testified at the SBF trial that in November 2022, FTX’s customer balances equaled the assets held in its hot wallets, with one important exception: a hidden $8 billion liability called “fiat@.” As customers began withdrawing assets from FTX in November 2022, SBF asked Gary Wang to calculate how much money Alameda Research needed to deposit on the exchange to cover the outflows. Wang, testifying under direct questioning by government prosecutors on the fourth day of the SBF trial last week, said that the sum of FTX’s customer balances, minus the Alameda Research account, matched the assets in FTX’s hot wallets. But, unbeknownst to him, there was a problem with his calculation. He testified that he got the full picture only when SBF asked him if he had included “our Korean friends” in his calculations. Confused, Wang sought confirmation from another former FTX executive, Nishad Singh, who told Wang that the "Korean friend" was actually referring to the $8 billion "fiat@" vulnerability at the heart of FTX's collapse. The fiat@ account balance in FTX's internal database had been reallocated to an account named "seoyuncharles 88@gmail.com," which was granted special privileges so that Alameda Research would not have to pay interest on the credit line. Wang also confirmed that SBF knew that FTX's financial situation was more transparent to the public and investors, while Alameda's financial situation was not.
Bitget Global Research Report: Women in East Asia and Turkey are highly interested in crypto investment
On October 5, Bitget released a report on the investment goals and behaviors of global cryptocurrency enthusiasts. From May 2023 to August 2023, in-depth research was conducted in 20 countries around the world, including Europe, China, Japan, South Korea and Turkey, with a sample of 1,500 crypto enthusiasts. The survey conducted a comprehensive analysis of the financial goals and investment behaviors of respondents in the target countries. The results showed that the most common financial goals of global cryptocurrency investors are to improve living standards and improve the quality of life. The report shows that 46% of Korean crypto investors’ primary goal is to improve their living standards, while 36% of Malaysians and Taiwanese people prioritize increasing family income. In addition, gender factors also affect financial goals. In South Korea, Japan and Turkey, women have a higher demand for crypto investment than men. In South Korea and Japan, the proportion of women who hope to improve their personal lives by investing in cryptocurrencies is 49% and 41% respectively, while the proportion of men is 45% and 30%. In terms of investment amount, Chinese investors are the most active, with 19% of them investing more than $100,000. In Europe, Turkey and South Korea, about 50% of investors invest $1,000-10,000 in cryptocurrencies.