The global cryptocurrency market cap now stands at $1.06T, down by -1.14% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $26,378 and $26,848 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $26,627, down by -0.74%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include LOOM, FRONT, and ARK, up by 47%, 31%, and 29%, respectively. Top stories of the day: Apple Releases Patches for Three Active Zero-day Vulnerabilities; Urges Users to Upgrade Data Breach at Nansen due to Third-party Supplier Attack Market movers: ETH: $1593.83 (-1.05%) BNB: $210.9 (-0.28%) XRP: $0.5092 (+0.08%) DOGE: $0.06161 (-0.74%) ADA: $0.2447 (-1.53%) SOL: $19.66 (-0.35%) TRX: $0.08358 (+0.25%) DOT: $4.018 (-1.28%) MATIC: $0.5213 (-1.97%) LTC: $64.94 (+2.06%) Top gainers on Binance: LOOM/BUSD (+47%) FRONT/BUSD (+31%) ARK/BUSD (+29%)

According to Certik Alert: Apple has recently issued security patches to tackle three actively exploited zero-day vulnerabilities affecting its iOS, iPadOS, macOS, watchOS, and Safari platforms. This new security move pushes the total number of zero-day vulnerabilities discovered and addressed in Apple software this year to sixteen. The list of identified vulnerabilities includes: 1. CVE-2023-41991: A certificate verification problem in the Security framework that could potentially enable malicious applications to skip signature checks. 2. CVE-2023-41992: A security vulnerability in Kernel that might let local attackers escalate their privileges. 3. CVE-2023-41993: An issue discovered in WebKit that could lead to arbitrary code execution upon processing certain web content. Apple has only confirmed that these issues are likely being actively exploited in versions preceding iOS 16.7. As a precaution, the tech giant is urging users to update their devices promptly to protect their security.

According to CoinDesk, Calcium (CAL), a token created by the Shiba Inu team and deemed worthless by its developers, has been resurrected by a group of followers who have turned it into a serious project. The token was issued on Friday as part of a plan to renounce the bone (BONE) token contract. Over 50% of its supply was picked up by a bot shortly after going live, and the tokens were live on the decentralized exchange (DEX) ShibaSwap. Despite warnings from the Shiba Inu community, traders purchased the tokens in hopes of making a quick profit, only to end up losing money. A group of community members who claim to have lost money used their CAL token holdings to create a new trading pair on Uniswap. The token quickly found over 1,400 holders in less than 12 hours. Participants in this new trading pair said they were 'tired of Shiba Inu's promises,' and intended to make Calcium a real project. This led to the original CAL token's price dropping 99% and having an on-chain liquidity of just $4,800 on ShibaSwap. However, CAL tokens on the Uniswap DEX racked up $4 million in trading volumes and amassed $164,000 in liquidity. Shiba Inu developers had issued calcium tokens to renounce the contract ownership of bone (BONE), the governance tokens of the newly launched Shibarium blockchain. Renouncing a smart contract means that the contract's creator will no longer have control over it, giving investors a sense of security as the contract can no longer be changed or updated, and is saved from possible manipulation by the contract creator. Despite the developers' warnings against trading the token, community members rallied around it, seeding liquidity on decentralized exchanges (DEXs) and gathering outside developers to work on use cases.

According to Odaily: Nansen, a leading blockchain analysis firm, suffers from a data leak impacting reportedly 6.8% of its users following a cybersecurity breach targeting a third-party supplier. Odaily Planet Daily reported that the breach, occurring on September 20, exposed some user data due to a vulnerability in this third-party supplier. Early investigations reveal that the leak comprised email addresses of affected users alongside password hashes and blockchain addresses of a smaller user cohort. In response to this security concern, Nansen has urged its impacted users to reset their passwords. Notifications to make the necessary modifications were sent through the support@nansen.ai email in the window between 1:00 and 5:00 on September 22. The company assures its clients that this essential measure was taken to mitigate any further risk and maintain the security of their accounts.

According to CoinDesk: Bankrupt cryptocurrency exchange FTX has initiated legal action against former employees of Salameda, a firm incorporated in Hong Kong and associated with FTX. The company claims that the ex-CEO of FTX, Sam Bankman-Fried, controlled Salameda. The aim of the lawsuit is to recover approximately $157.3 million from the alleged wrongdoing. The lawsuit names Michael Burgess, Matthew Burgess, their mother Lesley Burgess, Kevin Nguyen, Darren Wong and two companies, asserting they controlled several firms that had accounts with FTX.com and FTX US. It alleges that they fraudulently withdrew assets leading up to FTX's bankruptcy declaration. During the 90 days preceding the bankruptcy filing on Nov. 11, 2022, termed the "Preference Period," the defendants reportedly benefited from withdrawals characterized as preferential transfers, which are deemed avoidable under the Bankruptcy Code. They purportedly rushed to withdraw assets and misused their connections with FTX staff to ensure priority over other customers. The filing also alleges that Matthew Burgess manipulated Slack, a communication application, to encourage other FTX employees to expedite certain pending withdrawal requests from one of Michael Burgess' accounts on the FTX US exchange, while falsely representing the account as his own. The defendants completed these transfers mere hours before FTX stopped withdrawals on Nov. 8, 2022. Of the total $157.3 million claimed (calculated according to Aug. 31, 2023, pricing), over $123 million were withdrawn on or after Nov. 7, allegedly with the intention to obstruct, delay or defraud present or future creditors of FTX US. Bankman-Fried, who is currently in jail, is preparing for his trial starting Oct. 3. His recent attempt for an early release before the trial proceedings was rejected by the appeals court.        

According to Foresight News, Galaxy Research Vice President Christine Kim summarized the 118th Ethereum Core Developer Consensus Meeting (ACDC), which mainly discussed the preparations for Devnet-9 and changes to the Ethereum Consensus Layer (CL). Devnet-9 is the second testnet, including a full set of code changes in the Dencun upgrade. Devnet-9 will be the first testnet to activate EIP-7514 and EIP-7516, two new EIPs added to the Dencun upgrade during last week's execution layer meeting. Ethereum Foundation DevOps engineer Parithosh Jayanthi said that his team will launch Devnet-9 on September 27. EL and CL client teams such as Lodestar, EthereumJS, Lighthouse, and Geth have confirmed they are prepared for this testnet release. Developers also discussed the deployment strategy for EIP-4788 and deploying trusted settings for EIP 4844 on Devnet-9. Ethereum core developer Tim Beiko questioned the Dencun test schedule, stating that if developers cannot confirm the release of Dencun on the public testnet before the Ethereum Developer Conference Devconnect in November 2023, it is unlikely that Dencun's mainnet activation will take place this year. Previously, Tim Beiko suggested launching Dencun on the Holesky, Goerli, and Sepolia testnets in sequence, but due to Holesky's failed launch on September 15 and its rescheduled launch on September 28, Jayanthi proposed launching Dencun on Goerli first, followed by Holesky. As Goerli is a soon-to-be-deprecated testnet, this means developers can freely experiment with modifying the Dencun specifications. Tim Beiko and Del Fante agreed to test Dencun on Goerli before Holesky, and many developers also supported releasing Dencun on the public testnet before Devconnect.

According to CoinDesk: Ether's price volatility could be dampened ahead of next Friday's derivatives expiry due to the hedging activity from options market makers, according to market analysts. Options dealers have built net positive or long gamma exposure, indicating a potential approach where they buy low and sell high. Ether has seen a 2% decrease this week, finding solid ground beneath the pivotal support of the 200-week simple moving average, at $1,660. For the upcoming days, its prices may stabilize, influenced by market makers' strategy. A market maker or dealer is an entity that provides constant liquidity in a market by posting both a bid and ask, profiting off the bid-ask spread. These entities typically maintain delta-neutral portfolios, requiring continual purchasing and selling of the underlying asset to minimize exposure to price fluctuations. "Dealers predominantly hold long [gamma] positions for the $1,650-$1,700 strikes, both for 22nd and 29th September [expiries]... This could constrain Ethereum’s mobility leading up to the 29th September expiry, especially on the bullish side," said Imran Lakha, Founder of Options Insights. When market makers and dealers have net long gamma, they attempt to achieve market neutrality by buying low and selling high, effectively limiting price swings and enhancing liquidity. With the nearing expiry date, gamma increases substantially, necessitating further hedging by dealers with net positive gamma exposure, which in turn suppresses price volatility further. Ether options worth over $1.7 billion are scheduled to settle next Friday at 08:00 UTC on Deribit, the world's largest crypto options exchange.  

According to Foresight News, Eigen Layer Chief Strategy Officer (CSO) Calvin Liu has sold his remaining 61,729 LDO tokens at a price of $1.47 per token, exchanging them for 90,825 USDC. The transaction took place 30 minutes prior to the report. On May 7, 2021, Liu had purchased 370,370 LDO tokens from Lido: Treasury at a price of $0.75 per token, spending 80 ETH (approximately $279,000) in the process.

According to Foresight News, Bitmain has introduced its latest S21 Antminer models at the 2023 World Digital Mining Summit (WDMS) held in Hong Kong. The new models include the S21 Hyb., which boasts a hash rate of 335T and an energy efficiency ratio of 16J/T, and the S21, featuring a hash rate of 200T and an energy efficiency ratio of 17.5J/T.

Binance, has announced plans to release a USDⓈ-M FRONT perpetual contract. The launch, set for 2:30 pm (UTC) on Sept. 22, 2023, is geared towards expanding the platform's trading offerings and allowing traders to leverage up to 10x on their investments. The new FRONTUSDT contract will offer continuous, 24/7 trading with an underlying asset of FRONT and a settlement asset in USDT. Notably, the contract will support a minimum maintenance margin rate of 3.00% and a capped funding rate determined by the maintenance margin ratio. Furthermore, Binance is introducing a multi-assets mode, expanding the trading opportunities available to its users. The new high-leverage option signifies Binance Futures' commitment to creating diverse investment opportunities within the rapidly growing crypto market.  

According to Cointelegraph: Artificial intelligence research lab OpenAI has become the subject of an investigation by Poland's data protection authority, the Personal Data Protection Office (UODO), following a complaint lodged against OpenAI's ChatGPT product. The unnamed claimant alleges that OpenAI processed data in an "unlawful, unreliable manner." The applicant also accused OpenAI and its language model, ChatGPT, of generating false information about him. They further claim that OpenAI failed to fulfil their rights under the European General Data Protection Regulation (GDPR). UODO President, Jan Nowak, expressed on September 20 that this isn't the first time concerns have been raised about ChatGPT's adherence to European data protection and privacy standards. However, Nowak admitted that given OpenAI is not based in the European Union, the resolution could be challenging. Nowak stated, "The case concerns the violation of many provisions on the protection of personal data, which is why we will ask OpenAI to answer a number of questions in order to be able to thoroughly conduct administrative proceedings.” Jakub Groszkowski, deputy president of UODO, noted that the allegations in the complaint cast uncertainty over OpenAI's commitment to Europe's standards for personal data protection. The primary concern rests on the principle of privacy by design outlined in the GDPR. The investigation aims to primarily elucidate these doubts.          

According to Foresight News, StarkWare's exploration team is set to launch a decentralized synthetic platform called Satoru, inspired by GMX V2. Satoru will be developed as a neutral public product, allowing anyone to build products or businesses on top of it. The first minimum viable product (MVP) with an end-to-end process is expected to be released by the end of October.

According to Foresight News, cryptocurrency infrastructure startup Conduit is expanding its Rollup stack suite to support Arbitrum Orbit, including Stylus, which allows for the deployment of Rollup on top of Arbitrum within minutes. Previously, Foresight News reported that Conduit completed a $7 million seed funding round in March 2023, led by Paradigm. Conduit enables the rapid launch of Rollup, which is based on OP Stack and supported by Optimism.

According to Coincu, Bitmain, a leading cryptocurrency mining company, has announced a $53.9 million investment in Bitcoin mining firm Core Scientific. This strategic decision aims to strengthen their long-term partnership and propel both companies further into the digital currency mining industry. As part of the investment agreement, Bitmain will supply Core Scientific with 27,000 high-efficiency S19J XP 151 TH Bitcoin mining machines in exchange for $23.1 million in cash and $53.9 million worth of Core Scientific common stock. The stock's value is contingent on the approval of a Chapter 11 restructuring plan currently under consideration by the bankruptcy court, which is expected to gain approval in the fourth quarter of this year. In addition, Bitmain has entered into a new hosting agreement with Core Scientific, demonstrating its commitment to supporting its mining operations in North America. The S19J XP mining servers, known for their high efficiency at 21.7 Joules per TH/s, will significantly enhance Core Scientific's capabilities. Core Scientific, which has been a Bitmain hosting customer for nearly five years, already operates more than 600,000 Bitmain miners across its data centers. This investment underscores Bitmain's continued commitment to the North American digital asset mining industry and promises a stronger and more efficient future for both companies in the cryptocurrency mining landscape.

According to Foresight News, luxury phone brand VERTU is set to launch its Web3-friendly smartphone, METAVERTU 2, in October 2023. VERTU states that the METAVERTU 2 features its own decentralized operating system (DOS) and is equipped with a secure element (SE) chip. This chip can generate bank-grade encryption for signing, decrypting, hardware-based random number generation, and zero-knowledge proof (ZK) capabilities.

According to Foresight News, X, formerly known as Twitter, has announced that it will shut down its Circles feature on October 31. This feature allows users to share posts exclusively with a select group of people. After the closure, users will no longer be able to create new posts limited to their Circles or add friends to their existing Circles.

According to CoinDesk: The decentralized autonomous organization (DAO), Nouns DAO, experienced a painful rift resulting in a $27 million crypto loss from its $50 million treasury. It occurred due to the strained relationship between blockchain idealists and profit-orientated traders in the DAO. Infamous for spending $90,000 on naming rights for a rare frog, the Nouns DAO community parted ways, with a group of dissenting investors "forking" from the main body. A DAO operates similarly to a traditional company but aims to function with more democracy and ideally no centralized leadership. Anyone who purchases an NFT from a DAO earns a voting right in the group's decisions, including financial allocation. However, such organizations are ever-evolving, which can lead to internal conflict. For Nouns DAO, issues arose between those who wanted to use the treasury funds for imaginative, culture-populating projects and those who believed that funds should contribute to a higher NFT trade value. The debate over the decision to instigate forks, or splits in the network, was infamously heated. However, the fork was eventually implemented as it was considered an innovation towards improved overall governance and decentralization. The $27 million fork has received criticism for some, being perceived as a mechanism that lured in 51% attackers instead of deflecting them, drawing in arbitrageurs who exploited the governance for profit. This event raises tough questions about the viability of unregulated decentralized governance and serves as a cautionary tale for other DAO projects.   In light of recent events, Nouns DAO now faces the challenge of operating with a significantly reduced treasury. While some view the fork as highlighting the flaws in DAO structure, others believe it was a necessary step towards pushing the limits of DAO design.          

According to CoinDesk: Bitcoin (BTC) price dipped to about $26,600 (-1.5%) amidst the Federal Reserve's decision to maintain high interest rates, a rising U.S. dollar, stock market sell-off, and other cryptocurrencies following suit. Ether (ETH) price also fell to under $1,600, marking a new 14-month low against Bitcoin. Other major cryptos such as Solana's SOL, Polygon's MATIC, Lido's LDO, and Optimism's OP suffered declines of between 3% and 5%. Amid these losses, the CoinDesk Culture & Entertainment Index (CNE) bucked the trend, gaining 1% due to the strong performance of non-fungible token (NFT) platform ImmutableX's native coin (IMX). QCP Capital suggests that this decline in equity and other assets could further pressure BTC and potentially pull its prices lower, though it retains a lower beta compared to other markets. US 10-year Treasury rate (QCP Capital) Edward Moya, senior market analyst at online brokerage platform Oanda, predicts that the persistent high interest rates will continue to burden crypto firms by increasing their refinancing costs. Moya also highlighted that a soft landing is still expected from the Federal Reserve, but a few more sustained inflation reports could wipe out hopes of rate cuts by 2024.

According to Foresight News, blockchain technology and decentralized infrastructure solution Stratos has announced the launch of its blockchain mainnet, with the Stratos decentralized storage mainnet set to go live on September 28th. Stratos offers an integrated decentralized infrastructure solution, including decentralized storage, computing, databases, and blockchain.

Binance, has announced the removal of its Spot Trading Bot services for a comprehensive list of trading pairs, effective from September 29, 2023, 02:00 UTC. The trading pairs impacted include AAVE/BNB, AERGO/BUSD, AGLD/BTC, ALCX/BTC, ALGO/BNB, ALGO/ETH, ALPACA/BTC, ALPHA/BTC, BAL/BTC, BICO/BUSD, BNT/BTC, BNX/BNB, BNX/BUSD, C98/BTC, CHESS/BUSD, CLV/BUSD, COS/BNB, CRV/ETH, CTK/BNB, CTK/BTC, DAR/BUSD, among several others. The change comes as a part of Binance's service alterations, aimed at improving users' trading experience. Notably, these modifications will not affect trading on these pairs outside of the Bots service. As always, Binance advises users to adjust their trading strategies according to these updates to avoid any undesirable implications. This information is subject to regional availability, and the referred products and services may not be accessible in your location.