According to Foresight News, LayerZero has added support for Loot Chain, and the NFT project Loot has integrated LayerZero's cross-chain NFT standard, launching the Loot Bridge. This development enables Loot NFTs to be transferred between Ethereum and Loot Chain.

According to Foresight News, the French Orsay Museum has established a one-year partnership with the Tezos Foundation to provide blockchain-based digital souvenirs to visitors of the upcoming exhibition 'Van Gogh in Auvers-sur-Oise: The Final Months', which is set to open on October 3rd. In addition to this, the museum will also launch two digital souvenirs for museum guests and collectors to purchase.

According to Coincu, a prominent Ethereum whale with the address 0x828 executed a substantial swap approximately 16 to 10 hours ago, converting 9.88 million USDC into 6,000 ETH at an average price of $1,646 per ETH. This significant transaction occurred as the price of Ethereum made an impressive recovery, surging by up to 4.7%. The whale's recent actions have raised questions about long-term Ethereum accumulation strategies, as they have a history of strategic trading in the Ethereum market, realizing a remarkable $14 million profit from just two Ethereum accumulation trades in the past. However, not every trade yields a profit, and the whale's recent trading activities have included a third trade that ended up being unprofitable. This, along with the initial unprofitable trade, has impacted the estimated total profit from Ethereum for the 0x828 whale, reducing it to approximately $7 million. As of the latest available data, the 0x828 whale holds a substantial 8,000 ETH, amounting to approximately $13.2 million. This significant holding indicates that the whale remains actively engaged in the Ethereum market, despite the recent challenges and fluctuations. The 0x828 whale's trading journey serves as a reminder of both the potential rewards and risks involved in cryptocurrency trading, where strategic decisions can lead to substantial gains or losses in a matter of hours.

According to Foresight News, a former Multichain engineer has introduced a new cross-chain project called ValueRouter. The project utilizes Circle's Cross-Chain Transfer Protocol (CCTP) and ValueRouter relays to facilitate cross-chain asset transactions between Ethereum, Avalanche, Op Mainnet, and Arbitrum.

According to Coincu, Ethereum ACDE 171 took place recently, covering a wide range of topics such as Dencun devnets, extensive audits, the anticipated launch of Holesky, and a groundbreaking proposal for private ETH transfers. One of the highlights of the event was the introduction of EIP-7503, a proposal aiming to revolutionize private transfers on the Ethereum blockchain by allowing them through burning and reminting ETH. This innovative concept has attracted significant attention within the Ethereum community, as it could enhance privacy and security for users. The event's agenda, available on GitHub, provided a comprehensive outline of the topics covered during Ethereum ACDE 171, offering participants and enthusiasts valuable insights into the discussions and decisions made. The Ethereum community came together to delve into these crucial matters, emphasizing transparency and collaboration. The event was also live-streamed on YouTube, allowing a global audience to tune in and stay informed about the latest developments in real-time. Ethereum continues to evolve and adapt, and events like Ethereum ACDE 171 play a pivotal role in shaping its future. With innovative proposals, significant changes to specifications, and community involvement, Ethereum is on a path to becoming even more robust and user-friendly. The Ethereum community eagerly awaits the outcomes of these discussions and the potential impact they may have on the blockchain ecosystem.

According to Foresight News, MetaMask has chosen Across as its new cross-chain service provider. Across currently supports asset cross-chain between Ethereum, Polygon, Arbitrum, and Op Mainnet.

According to Foresight News, the decentralized social media application built on the Lens Protocol, Lenster, has announced its rebranding to Hey. The company has also updated its website domain to hey.xyz.

According to Coincu, the Sui Foundation has announced the launch of zkLogin on the mainnet, marking a significant step in simplifying and enhancing user authentication within the decentralized ecosystem. zkLogin is an innovative Web3 authentication solution designed to empower developers and provide users with a seamless authentication experience by allowing them to use their existing accounts from popular third-party providers such as Google, Facebook, and Twitch in various decentralized applications (DApps). Leveraging zk-SNARK technology, zkLogin ensures robust privacy and security for user data, aligning with the core principles of the blockchain and Web3 space. The solution eliminates the need for users to install a separate wallet or manage complex mnemonic phrases, making Web3 adoption more accessible to a broader audience. The Sui Foundation has made zkLogin immediately available to all Sui developers, allowing them to integrate the secure and user-friendly authentication method into their applications. The zkLogin launch on the mainnet signifies a major step towards bridging the gap between traditional web services and the decentralized world, with the potential to make Web3 more accessible and user-centric than ever before.

According to Foresight News, the DFINITY Foundation has launched the ICP Asia Alliance and a $20 million grant fund to support the development of blockchain and artificial intelligence in Asia. The ICP Asia Alliance will bring together government organizations, investors, technology entrepreneurs, universities, developers, and community members, with the aim of establishing a collaborative, educational, and innovative platform to promote the adoption of the Internet Computer (IC).

According to Coincu, Optimism has announced its plan to establish a security council to ensure the integrity and decentralization of its superchain network. The security council will play a pivotal role in improving Optimism's blockchain operations. As part of its commitment to transparency and community involvement, Optimism will introduce a governance proposal to incorporate the security council as a multi-party signatory. This proposal will be essential in overseeing and controlling the main network protocol upgrade of Optimistic Ethereum (OP). The security council will consist of at least eight members, and a key feature will be the 75% signature threshold required for any actions it takes. This ensures a high level of consensus among its members. The entire process of implementing the security council will be conducted through a series of governance votes, emphasizing community participation and decentralized decision-making. The security council will function as a multi-signatory co-signatory, significantly impacting the direction of essential network upgrades. Subsequent governance proposals will focus on the specifics of multi-signature transfers of authority to the OP. Optimism's dedication to improving the transparency, security, and decentralization of its superchain network is evident through the establishment of the security council. With the involvement of multiple stakeholders and a robust governance framework, Optimism's initiative is poised to usher in a new era of trust and reliability in the blockchain industry.

According to Foresight News, Web3 startup IYK has completed a $16.8 million seed funding round led by a16z Crypto. Other participants in the round included 1kx, Collabcurrency, Lattice Capital, and GMoney. IYK assists brands and creators in providing digital experiences, with clients such as Adidas.

According to Foresight News, cryptocurrency custody platform Fireblocks has acquired Australian blockchain startup BlockFold for approximately $10 million, as reported by Bloomberg, citing sources familiar with the matter. BlockFold's business involves assisting financial institutions in developing blockchain-based systems.

According to Cointelegraph, Meta's metaverse dream may be far from dead, as demonstrated by Mark Zuckerberg's recent appearance on the Lex Fridman podcast. On September 28, Zuckerberg and computer scientist Lex Fridman engaged in a one-hour conversation using photorealistic avatars in the metaverse, facilitated through Meta's Quest 3 headsets and noise-canceling headphones. Social media users, including those from Crypto Twitter, expressed genuine admiration for the sophistication of the technology. The avatars are part of Meta's Codec Avatars project, which was first revealed in 2019 and aims to create fully photorealistic real-time avatars using headsets with face tracking sensors. However, Zuckerberg explained that everyday consumers may need to wait a few years before using their own realistic avatars, as the technology currently requires expensive machine learning software and full head scans by specialized equipment featuring over 100 different cameras. The company aims to reduce these barriers in the future, potentially making the scans achievable with a regular smartphone. This demonstration follows Meta's recent unveiling of its AI assistant Meta AI, which is integrated across various chatbots, apps, and smart glasses.

According to CryptoPotato, the EOS Network Foundation (ENF), a non-profit organization coordinating the development of the EOS Network, has partnered with metaverse super application Upland and sustainability platform Aerial to foster an initiative that will turn EOS into a climate-positive blockchain network. The collaboration with Upland and Aerial will enable the EOS Network to move its sustainability efforts from being one of the world’s carbon-neutral blockchains to being climate-positive. The ENF intends to set a new standard through its partnerships with Upland and Aerial. The foundation aims to inspire other networks to implement climate-positive strategies, thereby creating a sustainable digital economy. The EOS Network is designed to consume minimal power while delivering on scalability and throughput. It is among the world’s most environmentally friendly blockchains, with an annual carbon footprint of 242 tonnes of carbon dioxide, which the ENF claims has been fully offset since 2018. As an open web3 platform for the metaverse mapped to the real world, Upland has been involved in the EOS Network’s sustainability efforts since 2021 by serving as the network’s carbon offset sponsor. The platform has extended its sustainability efforts beyond blockchain infrastructure by offsetting its carbon footprint for the cloud services that help power its metaverse. Aerial collaborates with verified environmental efforts globally to create a more sustainable planet. The sustainability platform will be in charge of reducing EOS’ carbon emissions. Yves La Rose, Founder and CEO of the ENF, said that the initiative underscores the EOS network’s commitment to environmental sustainability.

According to CoinDesk, U.S. Rep. Don Beyer, a Democrat, has proposed legislation that would require cryptocurrency exchanges to share their internal transaction data with regulated repositories. This would allow regulators such as the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) to monitor the movement of digital assets, which are currently only recorded on the exchanges' own ledgers. Beyer's proposal aims to prevent future collapses of major exchanges by providing regulators with greater visibility into the flow of crypto assets. Beyer has been in talks with Republicans in an attempt to merge his idea for crypto data repositories into their market-structure bill, which is already in motion. However, the Senate has so far been resistant to allowing major crypto legislation in this session. Beyer's proposal is intended to address concerns about the lack of transparency in the crypto market, which can leave investors and consumers vulnerable to fraud and manipulation. The proposed crypto data repositories would be similar to the swaps trading information repositories established by the Dodd-Frank Act of 2010. While Beyer is the top House Democrat on the Joint Economic Committee, he is not a member of the House Financial Services or Agriculture committees, which would likely be responsible for overseeing crypto legislation. Republicans, who control the House, have their own crypto agenda and have shown a willingness to advance bills without wide bipartisan support. It remains uncertain whether crypto-friendly Republicans will be receptive to Beyer's proposal, which represents a complex and costly action that would expose the inner workings of digital asset platforms.

Leading financial company VanEck is officially effective and set for an imminent launch, likely to take place on Monday morning, according to insights shared by Bloomberg's Senior ETF Analyst, Eric Balchunas, via social media. This launch is particularly noteworthy as it will mark the first time a fee, set at 66 basis points, has been implemented in such a sector. James Seffart, CFA and Crypt Assests Manager at Bloomberg also revealed in his tweet that VanEck has filed an updated prospectus for their Ethereum Futures ETF, $EFUT, hinting that it might be ready to commence trading as soon as Monday. This announcement establishes competition with ProShares, another asset manager rumored to be planning for a Monday launch, likely to be priced at 95 basis points, similar to its BITO fund.  

Bitget Wallet is capitalizing on the recent launch of the opBNB mainnet and has seamlessly integrated its advantages. This move sees us join an ever-growing community of projects levelling up by adopting our Layer2 solution. From September onwards, Bitget Wallet is inviting its users to enjoy opBNB mainnet capabilities including token asset display, transfers, transactions, and DApp interaction, among other features. OpBNB, an EVM-compatible Layer2 chain based on the Optimism OP Stack, revolutionizes blockchain interactions by making them faster, more accessible, and less costly — a significant step towards making digital asset management more efficient and cost-effective. We're eagerly looking forward to hearing from our esteemed users as we chart our new course with opBNB. We invite you to share your thoughts on the future opportunities and enhancements that opBNB can bring to Bitget Wallet. Your invaluable feedback will play a crucial role in shaping our roadmap. Join us in the comments section below to help create a user-centric experience on Bitget Wallet!

In an increasingly competitive cryptocurrency landscape, Valkyrie has stolen the limelight by announcing its plan to purchase Ether futures, according to a tweet by Eric Balchunas, Senior ETF Analyst for Bloomberg. This strategic move secures Valkyrie's position as the first U.S. firm to offer exposure to Ether futures through its newly amalgamated Bitcoin and Ether Strategy ETF. Balchunas highlights the intensity of the situation, stating "Game on." The decision comes ahead of a formal name change of the Bitcoin Trust Fund (BTF) scheduled for this Tuesday. Balchunas' tweet also suggests that several other issuers are poised to launch their offerings on Monday—precise numbers remain unclear, but he anticipates at least a couple. He notes that it's the beginning of competition among issuers in full swing. At 3:45 PM EST today on Fox Business, Valkyrie's Chief Investment Officer Steven McClurg is expected to discuss the firm's pioneering move and its implications for the market. The highly anticipated session is sure to shed more light on the evolving digital asset sphere and Valkyrie's strategic positioning within it. So, be sure to tune in for this engaging discussion.  

According to Cointelegraph, PayPal has filed a patent application for a nonfungible token (NFT) purchase and transfer system, marking a significant step towards creating its own blockchain ecosystem. The application, filed in March and published on September 21, outlines a method for conducting transactions with NFTs both on- and off-chain. The patent application, which is still pending, describes a system where users can buy and sell NFTs through a third-party service provider, although the provider is not specified. Ethereum is mentioned in the text. PayPal envisions using the full potential of NFTs for tokenization, extending beyond the exchange of electronic collectibles. The NFTs could represent any unique piece of digital data that can be tracked using a decentralized blockchain ledger, such as digital images, videos, music, collectibles, and other digital art, as well as deeds to personal property, event tickets, legal documents, and other real-world items. The system could be customized in various ways, including accommodating fractionalized purchases through the distribution of governance tokens, which could then be traded themselves. Additionally, a decentralized autonomous organization associated with the service provider could be used to promote NFT liquidity through a dedicated platform, and NFTs could earn income from royalties. The service provider's processing could include compliance and risk management. Users could have their own digital wallets, but would not be required to. A third-party broker could offer a range of storage and checkout services as an alternative. Off-chain transactions could be managed within an 'omnibus wallet' associated with the service provider and containing both the buyer and seller's wallets, eliminating the need to register the transfer on the blockchain or pay the gas fees associated with an on-chain transaction. The application states that any currency could be used in the system. In August, PayPal introduced its own stablecoin, PayPal USD (PYUSD), built on Ethereum.

According to Cointelegraph, Ripple has decided to cancel its acquisition of Fortress Trust, just 20 days after announcing the deal. Ripple CEO Brad Garlinghouse announced the decision on X (formerly Twitter) on September 28, stating that the company will not move forward with an outright acquisition, but will remain a shareholder in Fortress Trust's parent company, Fortress Blockchain Technologies. Ripple first announced the acquisition on September 8, with plans to acquire other companies in the Fortress group, including an affiliated firm, FortressPay. However, a few days later, Fortress Trust revealed that the acquisition was rushed due to a security incident involving a third-party analytics vendor. The company lost $12 million to $15 million in the attack, with a majority of the funds being Bitcoin (BTC), along with small amounts of USD Coin (USDC) and Tether (USDT). Ripple, an investor in Fortress since its seed round in 2022, had to step in to make customers whole. Fortress CEO Scott Purcell told Cointelegraph that the cancellation of the merger is not a big deal and is unrelated to the security incident. He added that Ripple remains an investor in Fortress and a great partner. Ripple declined to comment further on the matter beyond its CEO's X post. The deal's failure could benefit other companies linked to Fortress, such as Swan Bitcoin, which is working on a joint venture with BitGo to create a Bitcoin-only trust company in the U.S., pending regulatory approval. Fortress Trust provides custody of records for Swan, and with the deal's collapse, Swan will no longer be involved in Ripple's business in the country.