Important news of the day - October 14, 2023 👇👇

1. ETF analyst James Seyffart said conversations between Grayscale and the SEC will begin next week, with the SEC likely to issue a new response in the next two weeks. He also said that ProShares will launch a Short ETH Strategy ETF, which will begin trading on October 16. Link: https://twitter.com/JSeyff/status/1712935855877128662

2. Since being opened to users without permission on October 12, the Farcaster decentralized social network supported by Vitalik and a16z has registered 164k Farcaster IDs (FIDs) in the last 24 hours, accounting for 87,000. 5% of total users. Maybe many users are there just to receive future airdrops, or maybe there are a lot of bots. Link: https://dune.com/pixelhack/farcaster

3. Investors should be careful when looking for fraudulent links on websites. A user who was scammed by a fake imtoken site on a search site was scammed. Account 3Hnx...8CZN transferred approximately 63 BTC ($1.69 million) to suspected attacker address 34uE...PjNm on October 13. Link: https://platform.arkhamintelligence

4. According to Perps Watcher, former Frog Nation CFO 0xSifu (sifu.eth) has opened and gradually increased long ETH positions on Kwenta over the past three days. He bought ETH at an average price of $1,562.27 and 5.2x leverage, with a position size of over $20 million. Link: https://watcher.synthetix.io/0x5dd596c901987a2b28c38a9c1dfbf86fffc15d77

5. Ferrari has started accepting cryptocurrency payments for its luxury sports cars in the US and will expand the program to Europe following requests from its wealthy customers. Ferrari has moved to BitPay in the early stages in the US and will enable transactions in bitcoin, ether and USDC. Link: https://www.reuters.com/business/autos-transportation/ferrari-accept-crypto-payment-its-cars-us-2023-10-14/

6. There have been recent malicious scripts targeting friendtech. This is a JavaScript code where scammers lure users into adding it as a bookmark. When a user visits the page and bookmarks it, the malicious script attempts to steal their password and tokens associated with their embedded wallet. Link: https://twitter.com/SlowMist_Team/status/1713168236483584018

7.MetaMask, the largest wallet app in the cryptocurrency industry with 30 million monthly active users, can no longer be found in the Apple App Store and may be removed from the Apple Store. In 2019, MetaMask was removed from Google Market. Link: https://metamask.io/download/

8. The native token LQTY of decentralized lending protocol Liquity is up 80% month-over-month, in contrast to the sluggish performance across crypto markets. Liquity is a borrowing and lending platform where users can take out loans in Liquity's US dollar stablecoin, LUSD, after staking ether (ETH) as collateral. Link: https://www.coindesk.com/tech/2023/10/13/stablecoin-lender-liquitys-token-gains-80-in-month-as-activity-increases/?_gl=1*rcdbk6*_up *MQ..*_ga*MTUyMjM4MjY4OC4xNjk3Mjk3MzYw*_ga_VM3STRYVN8*MTY5NzI5NzM1OS4xLjEuMTY5NzI5NzM2MS4wLjAuMA..

9. According to IntoTheBlock data, the Ethereum blockchain's network fee income has fallen to its lowest since April 2020 and is down 90% from its peak this May. The analytics firm says Ethereum may be entering a new regime dominated by low network revenue. Link: https://www.coindesk.com/markets/2023/10/13/ethereum-new-low-fee-regime-may-put-its-ultra-sound-money-thesis-to-test/?_gl =1*rcdbk6*_up*MQ..*_ga*MTUyMjM4MjY4OC4xNjk3Mjk3MzYw*_ga_VM3STRYVN8*MTY5NzI5NzM1OS4xLjEuMTY5NzI5NzM2MS4wLjAuMA.

10. The game Bigtime is gradually returning to the market and is listed on major exchanges. The $Bigtime token price is currently adjusted at 0.2031$. Bigtime claims to be a 3A blockchain game with a multiplayer online role-playing game on #Etherereum. https://x.com/ChalifourIven/status/1713159033954189400?s=20

#Steven_Research