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Len Sassaman's widow, Meredith L Patterson, denied speculation that Len Sassaman is Satoshi Nakamoto in an interview with DL News. Patterson said HBO did not contact her during the filming of the documentary. The coincidence that Nakamoto disappeared in 2011 and Sassaman died the same year has led some to doubt his identity. Patterson said details such as some technical errors in Sassaman's early design and his use of a Mac system did not match Satoshi's characteristics.
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According to Arkham Monitor, an address that received 51.251k ETH from the Ethereum Foundation nine years ago: 0xa9... 0c40 transferred 2,500 ETH to Bitstamp Deposit today at 16: 14-16: 19 UTC + 8, worth approximately $6.06 million. The address currently holds 11,000 ETH worth about $26.72 million. On November 17, 2015, the wallet received 51,251 ETH from the Ethereum Foundation, worth $51,200 at the time.
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QCP Capital analysis notes that despite the poor performance in early October, BTC has recovered to the level of last Monday. With the support of Uptober sentiment and strong non-farm data, Bitcoin gained support at the 60k position. The upcoming HBO Bitcoin documentary also brings more attention to the crypto market. The options market remains bullish, with investors continuing to buy the December 75k / 95k options portfolio. Keep an eye on this week's US CPI data, which could influence market expectations of a Fed rate cut.
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According to CoinShares, digital asset investment products outflowed $147 million last week, or due to higher than expected data last week. Bitcoin outflow of $159 million, while short bitcoin inflows of $2.8 million. Ethereum outflows amounted to $29 million. Multi-asset products saw inflows of $29 million, the 16th straight week of inflows.
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At the Oct. 3 conference, BlackRock said bitcoin is a "safe haven asset," a global currency alternative, a global, decentralized, non-sovereign asset that can hedge against rising global chaos and declining trust in governments, banks and fiat currencies.
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According to the LinkedIn platform, MicroStrategy is hiring a "Bitcoin Advocacy Manager." Based at MicroStrategy's headquarters in Tysons, Virginia, United States of America, this position will be responsible for: leading the planning and execution of the annual corporate bitcoin conference; Internal and external education programs to promote enterprise adoption of Bitcoin, the establishment of a Bitcoin Community Interaction Center in Washington, D.C., and Bitcoin-related marketing activities.
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Coinbase announced that it will add support for Arkham (ARKM) perpetual contracts on Coinbase International Exchange and Coinbase Advanced. The ARKM-PERP market will open on or after 17: 30 (Beijing time) on October 10, 2024. ARKM is the native token of blockchain analytics platform Arkham.
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According to WhaleAlert, the USDC Treasury destroyed 50 million USDCs on the Ethereum chain at around 2: 48 am today.
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The U.S. Securities and Exchange Commission (SEC) is appealing an earlier decision by the U.S. Court of Appeals for the Second Circuit regarding Web3 payments company Ripple, according to a filing on Wednesday. "We believe the district court's decision in Ripple conflicts with decades of Supreme Court precedent and securities law, and we look forward to presenting our case before the Second Circuit." An SEC spokesman said. Earlier, a judge ordered Ripple on Aug. 7 to pay a civil penalty of $125 million, well below the $2 billion the SEC had originally requested.
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EigenLayer has been criticized after it was revealed that the pledge rewards received by early investors are not subject to token locking. Investors and community members have complained about the lack of transparency in the supply of EigenLayer tokens. The total supply of EIGEN is fixed at 1.68 billion, with a circulation of 186 million, FDV reaching $5.8 billion and a market cap (excluding uncirculated tokens) of $650 million. Many of the questions raised by community members stem from some of these locked-in tokens, which were purchased by early investors in heavily discounted funding rounds. Investors who bought in EigenLayer's $14.4 million seed round, $50 million Series A round, and the latest $100 million round in February can now pledge their locked tokens for a return. A total of 130 million EIGEN tokens are currently pledged. Many people think these are all part of the claimed tokens, but in fact, 70 million of them belong to this small group of early investors.
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A group of diverse Web3 and DeFi industry leaders sent a letter requesting a meeting this month with the campaign policy team of U.S. Vice President Kamala Harris and her campaign partner Tim Walz to discuss the importance of developing a policy and regulatory framework for Web3 and deFi to promote innovation in the United States. The letter was signed by Cleve Mesidor, founder of WOC Blockchain, Olayinka Odeniran, founder of Black Women Blockchain, and Tonya Evans, professor at the Dickinson School of Law at Pennsylvania State University. The letter also mentions that black, Latino, Asian, and Indigenous communities were the first to adopt cryptocurrencies and remain one of the largest user groups of cryptocurrencies to this day.
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Core Foundation announced the launch of SolvBTCCORE in partnership with Solv Protocol, SolvBTCCORE as a bitcoin flow pledge token for the proceeds on the Core chain, bringing income opportunities and versatile applications to Bitcoin holders on the Core chain. Users can not only receive pledge benefits through the Solv Protocol, but also participate in the Core Ignition Drop chain incentive activities, enjoy the Sparks gain bonus and gamification experience.
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According to Newsbitcoin, Coinbase Institutional's latest report states that the crypto market is expected to perform positively in the fourth quarter of 2024 due to the U.S. rate cut and the massive stimulus measures taken by China. Bitcoin's outlook is strong, but Ethereum faces challenges from rising transaction costs and limited impact of spot ETFs. Solana and other L1 networks are more focused on scalability and transaction efficiency, and the improvement of decentralized exchanges and blockchain infrastructure is a positive sign for the crypto space.
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Binance mining pool has officially launched Bellscoin (BEL) combined mining, mining Litecoin (LTC) and won LTC, Doge (DOGE) and BEL rewards. BEL is not currently available on binance. Bellscoin was created by the same creator (Billy Markus) 8 days before Dogecoin was born. Inspired by the game "Animal Forest." In the Animal Forest world, bells are the primary form of money.
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"Dialogue with Grass: How LCR Technology is Revolutionizing the AI Industry" Andrej, co-founder of Wynd Labs, shared his experience in developing the Grass network and real-time context retrieval (LCR) technology. Andrej introduced the background of his transformation from a Ph.D. in applied mathematics to entrepreneurship, and delved into how LCR technology has changed the way AI models access real-time data, breaking through the limitations of traditional AI relying only on static data. Andrej also revealed plans for Grass in the coming months, including upcoming Android apps, new hardware devices, and incentives for contributors.
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According to Sina Finance, the 2024 Tsinghua Wudaokou Chief Economist Forum was held in Beijing on September 28. Former Vice Minister of Finance Zhu Guangyao attended and delivered a speech. Zhu Guangyao called for attention to study the development of cryptocurrencies.
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The U.S. Securities and Exchange Commission (SEC) announced that it has filed a settlement of charges against Mango Dao and Blockworks Foundation for providing and selling "MNGO" governance tokens for the Mango Markets platform without registration. According to the SEC's allegations, the two entities raised more than $70 million through unregistered token sales since August 2021. To reach the settlement, Mango Dao, Blockworks Foundation, and Mango Labs agreed to pay a civil penalty of nearly $700,000 and destroy all MNGO tokens, which still needs court approval.
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Bitcoin financial services firm SwanBitcoin has filed a lawsuit against former employees and consultants, accusing them of "stealing" its lucrative bitcoin mining operations with the help of Tether and setting up "illegal counterfeiting" firm Proton Management. Swan believes that Tether, as a former financing partner, promised investment while secretly plotting to encourage employees to leave and build competitive businesses. The incident led Swan to abandon its IPO plans and lay off about 45% of its staff. Swan seeks a permanent injunction against the defendants and seeks damages and punitive damages.
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Mawari Network, Solana's Decentralized Physical Infrastructure Network (DEPIN) project focused on spatial computing, closes $10.8 million in strategic funding led by Anfield Ltd, Borderless Capital and 1kx, Accord Ventures, Animoca Brands Japan, Blockchange Ventures Isoparametric vote. Following the $6.5 million raised in February 2023, this strategic round brings Mawari's total funding to $17.3 million. Mawari plans to go live on the Solana mainnet in the first quarter of 2025 and will expand its infrastructure by launching node sales in the fourth quarter of this year.
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According to Bloomberg, Robinhood and Revolut are considering issuing their own stablecoins. The two companies are still evaluating the plan and have yet to make a final decision, people familiar with the matter said. A Robinhood spokesperson said the company has no immediate plans to launch a stablecoin. A Revolut spokesperson said the company plans to "further expand" its crypto portfolio, but did not confirm whether it would launch a stablecoin. Nurichang, BitGo's head of product, said that as more issuers enter the market, the result could be "highly fragmented stablecoins."
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