Important news of the day - October 7, 2023 👇
1. Binance has launched a new domain for UK users and partnered with Rebuildingsociety, an FCA-regulated company authorized to approve cryptocurrency marketing and communication materials as a S21 approver. Link: https://www.binance.com/en/blog/ecosystem/binance-launches-uk-domain-in-compliance-with-new-financial-promotions-rules-2903800236178709961
2. According to BitMEXResearch, FTX co-founder Gary Wang said that the insurance fund amount issued by FTX is false and was generated by a random number generator. Many exchanges promise to use Insurance funds to compensate for adverse events or losses that occur on the trading platform. Link: https://twitter.com/BitMEXResearch/status/1710416199115247926
3. Ethereum Devnet-10 is considering launching next week. Most likely this will be the final developer testnet and will later enter the public testnet phase, mainly to test EIP-7514. Many developers also advocate releasing Dencun on a public testnet ahead of Devconnect, the Ethereum developers conference in November. Link: https://www.galaxy.com/insights/research/ethereum-all -core-developers-consensus-call-119/
4. According to NYDIG, Bitcoin fell 11% in the third quarter and was one of the worst performing assets; however, Bitcoin is up 63% since 2023 and remains the best-performing asset in 2023. Historical data shows that Q3 has consistently proven to be Bitcoin's weakest period, while Q4 was one of the best quarters in Bitcoin history. Link: https://viewemail.nydig.com/3q23-review-and-look-ahead?ecid=ACsprvvrjvRS1dF7WIswzxNBRSpIkoi_QwsmpL0Fqw-mQUN1yYkvnoWJrqVazo9r4DLYhAvh-F1G&utm_medium=email&_hsmi=277343343&_hsenc= p2ANqtz-937fDtI-f8_4OyGNO6hpzugE8GDFntAteVviBmLEDILzrcy04dwizX3YoHtHw6p0I9F_IZQUDoKpgp6_fVuIAlqCIjKg&utm_content=277343343&utm_source=hs_email
6. Stars Arena, an Avalanche social protocol similar to Friend Tech, tweeted that there is a major security vulnerability in the smart contract and is actively testing the issue, reminding users not to send any funds any money. According to PeckShield, Stars Arena was hacked, resulting in approximately $2.9 million in losses. Link: https://twitter.com/starsarenacom/status/1710540444075978846
7. Wallet address 0xD0...8fd7 associated with Vitalik Buterin transferred 1,000 ETH (1.64 million USD) to wallet address 0x55...31B1 today. 0xD0...8fd7 has transferred 4,000 ETH, approximately $6.39 million, since September and currently holds 36,000 ETH, worth $59 million. From the historical transaction record 0x55...31B1, the ETH transferred to this address mainly flows to Bitstamp and Paxos. Link: https://platform.arkhamintelligence.com/explorer/address/0xD04daa65144b97F147fbc9a9B45E741dF0A28fd7
8. According to lookonchain, hackers HTX (formerly Huobi) just returned 4,999 ETH of stolen funds. On September 24, the HTX hot wallet was attacked and 5,000 ETH was hacked. The cooperative said it has confirmed the hacker's true identity and requested the money back as well as a 5% white hat bonus. Link: https://x.com/WuBlockchain/status/1710652006338273496?s=20
10. Horlomite Research released an article accusing Luca Netz of acquiring Pudgy Penguins for 750 ETH in April 2022 using proceeds from 6 Rugpulls operations. Horlomite also said Luca is a serial scammer such as selling fake jewelry, fake AirPods devices, buying fake news and providing sports betting signals. Link: https://docs.google.com/document/d/1S0N96UJ_oYa05xp2HCyDFPGwZvRg2gZ5/edit