Headlines
Insider: Bitmain has paid part of the delayed September salary
Odaily Planet Daily News: Insiders told Odaily Planet Daily that Bitmain had paid part of the previously delayed September salary at around 15:00 this afternoon. Earlier news, an internal email from Bitmain showed that the company's operating cash flow in September had not turned positive, especially the progress of some mines was seriously below standard. EMT decided to postpone the payment of part of the salary of all employees in September, and pay it after the holiday on October 7th depending on the situation.
Starknet Community Administrator: Starknet team and members are currently safe
Odaily Planet Daily News: Affected by recent international events, members of the Layer 2 expansion solution Starknet community expressed concerns about the team situation. In response, Starknet Discord community administrator Wind Rider responded that the Starknet team and its members are currently safe. It is understood that Starknet's parent company StarkWare is headquartered in Israel.
Well-known DeFi investor Sisyphus' real identity is suspected to be Kevin Pawlak, head of OpenSea Ventures
Odaily Planet Daily News X platform user "NFTethics" posted that the real identity of the well-known DeFi investor Sisyphus is Kevin Pawlak, head of OpenSea Ventures, and accused him of being involved in the AnubisDAO Rug incident. It is understood that AnubisDAO is an Olympus DAO imitation project, which was rug in November 2021, causing a total loss of approximately US$57 million.
Industry News
Hong Kong police arrested another person related to the JPEX case, who is the head of the crypto OTC
Odaily Planet Daily reported that a person related to the JPEX case was arrested after arriving at the airport. He was a 28-year-old male manager of a virtual currency exchange shop named Cai. The Hong Kong police have received more than 2,500 reports so far, involving 1.56 billion yuan, and a total of 28 people have been arrested. (Sina Hong Kong)
FTX paid Tom Brady and Steph Curry $55 million and $35 million in marketing fees
Odaily Planet Daily News: "The Big Short" Michael Lewis said in an interview that FTX had paid Tom Brady (American football player) and Steph Curry (NBA star) $55 million and $35 million in marketing fees respectively, both for a three-year promotion cooperation, working 20 hours a year. FTX wrote in an NBA All-Star promotion post that Steph Curry became part of the company as a global ambassador in 2021 and has equity. (BITCOINIST)
Bitcoin mining company output increased month-on-month, CleanSpark produced 643 BTC in September
Odaily Planet Daily News According to data released by CleanSpark, it produced 643 BTC in September, and the total number of BTC held reached 2,240. The company's CEO said that the past few months have been the most profitable quarters in history, making CleanSpark's 23rd fiscal year the best year so far. In addition, Riot Blockchain produced 362 BTC and Marathon Digital Holdings produced 1,242 BTC. (CryptoPotato)
FTX attacker transferred a total of 15,000 ETH to THORChain in the past day and still holds 95,700 ETH
According to Scopescan, the FTX attacker transferred a total of 15,000 ETH to THORChain in the past day, worth $24.5 million. The attacker has transferred out 90,000 ETH in total and still holds 95,700 ETH, worth $157 million.
Project News
Stars Arena: Funds have been moved to a new Gnosis Safe multi-signature wallet, and some access has been restored
Odaily Planet Daily News Stars Arena posted on the X platform that the funds have been transferred from the original fee wallet to the new Gnosis Safe multi-signature wallet, which requires 3/6 signatures under the control of all Stars Arena team members. Gnosis Safe: 0xAc0388Fe24D65358f2F063ebCbEfa321A2a091d. Stars Arena reminds users not to deposit new funds: "Although some access to Stars Arena has been restored, users cannot and should not deposit new funds."
Ripple CTO calls on the community to reach consensus on the adoption of XRPL AMM functionality
Odaily Planet Daily News Ripple CTO David Schwartz called on the community on the X platform to reach a consensus on the adoption of the XRP Ledger (XRPL) AMM function, especially for XRPL validators to vote in support. He said that if the majority of validators support the amendment, it will be implemented within two weeks, but no validators are currently participating in the vote.
Aave community proposes to activate OP as a borrowable asset in the Aave V3 Optimism pool
Odaily Planet Daily News: The Aave community is conducting an on-chain vote on the "OP Risk Parameter Update" proposal, which will end on October 9. The AIP proposes to activate OP as a borrowable asset in the Aave V3 Optimism pool, aiming to adapt to the maturity of L2 and attract more LPs and borrowers, thereby creating new income for the protocol. According to the proposed new risk parameters, the borrowing limit is 500,000, the loan value is 30%, the liquidation threshold is 40%, and the reserve factor is 20%. The proposal states that while the proposed reforms are less conservative, they still maintain strict supply, borrowing limits, and conservative interest rate strategies. This ensures that the DAO can promote growth and new opportunities while remaining risk-averse.
Aave launches vote to add FXS to Ethereum V3 temperature checks
Odaily Planet Daily News: The governance platform shows that Aave has initiated a temperature check vote to add FXS to the Ethereum V3 liquidity pool. FXS is the governance token and utility token of Frax Finance. The proposal stated that Aave can promote the diversification of GHO collateral by adding FXS. In addition, FXS obtained from the Aave V3 pool can be used as a new strategic asset for GHO or new aTokens. The addition of FXS will make it an important lending and collateral asset in the Aave ecosystem, similar to tokens such as BAL, SNX and CRV. The current proposal support rate is 99.99%, and the legal number of voters has not yet been reached. The voting will end on October 10.
Circle claims Perimeter Protocol did not copy code from any other project
Odaily Planet Daily News: A Circle spokesperson said: "Circle Research built its first open source contribution, Perimeter Protocol, from scratch, without copying any project's code, providing a new standard for others to build on-chain credit markets. Perimeter's open source code is available for everyone to view and verify." Earlier, the encrypted credit protocol Maple Finance said that the code of Perimeter Protocol was forked from its project. Maple Finance co-founder Sid Powell posted on the X platform: "Imitation is the most sincere compliment." (DL News)
The Metaverse project ZepetoX will launch ZTX tokens on October 16, with 4% of the total amount being airdropped
Odaily Planet Daily News Metaverse project ZepetoX announced that the ZTX token airdrop and release date is October 16, and the total supply will be fixed at 10,000,000,000, of which 4% is allocated to the Genesis airdrop. ZTX tokens can be used for community governance, purchasing in-game assets, and improving players' progress in the game. In addition, the platform will also promote the value of the ZTX ecosystem through a token repurchase program, including destruction (reducing the total supply), providing rewards to players (incentive pool), and a portion of it is used to fund the treasury.
Investment and Financing
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Global Policy
SEC says cryptocurrencies have 'no intrinsic value, are investment contracts' in Coinbase case
Odaily Planet Daily News: The U.S. Securities and Exchange Commission (SEC) argued in a federal court case against Coinbase that cryptocurrencies lack any "inherent or intrinsic value." The SEC stated in its filing: "Crypto assets themselves have no inherent or intrinsic value - it is tied to their underlying value, which is an investment contract for the crypto assets involved in this case." Coinbase Chief Legal Officer Paul Grewal retorted: "The SEC's argument today means that everything from Pokemon cards to stamps to Swiftie bracelets is a security. This is not the law at all, and it should not be the law." (Decrypt)
Character*Voice
OpenAI CEO: Bitcoin is a super logical and important step on the technology tree
Odaily Planet Daily News: Sam Altman, CEO of OpenAI and ChatGPT, said in a video interview: As a currency without regulatory control, Bitcoin is a super logical and important step on the technology tree.
Ethereum core developer: Lido's 33% market share doesn't mean Ethereum is in trouble
Odaily Planet Daily News: Ethereum core developer eric.eth posted on the X platform: "Lido's staking share of 33% does not immediately mean that Ethereum is in trouble. Yes, this situation is not good, but you have to understand that more than 30 Lido nodes must collude and destroy their business (to do evil)." Eric.eth further stated that even so, the social layer can intervene and fork malicious Lido node operators and move to a new chain.
Former SushiSwap CTO: Will unsubscribe from any cryptocurrency-related content
Odaily Planet Daily News: Joseph Delong, CTO of NFT lending platform Astaria, former CTO of SushiSwap, and former core developer of Ethereum, posted on the X platform that he will unsubscribe from any content related to cryptocurrency Web3 or Bitcoin. This notice takes effect immediately and can be enforced by depriving rights in legal form.
