FBI Creates Token to Catch Crypto Scammers

️ On today's Top Picks:

Crypto News

• ⭐️ US DOJ charges Gotbit, ZM Quant, CLS Global, & MyTrade for fraud; US FBI launched a token to enlist their services & catch them.

• ⭐️ HBO Documentary suggests Peter Todd is Satoshi Nakamoto; Todd denies being Satoshi.

• PlusToken Ponzi Scheme-related crypto moved to exchanges; Chinese authorities seized ~$4b of crypto from PlusToken in 2020.

• Crypto[.]com sues US SEC following receipt of a Wells Notice.

• Former Alameda CEO Caroline Ellison agrees to forfeit assets to settle FTX lawsuit.

• Ryan Salame, former co-CEO of FTX, to begin 7.5-year sentence at a US federal correctional facility on October 11.

• Canary Capital files for spot $XRP ETF with the SEC; follows Bitwise who filed last week.

• Circle's $USDC launches natively on Sui $SUI Network; first Move-based L1 to partner with Circle.

• South Korea's Financial Services Commission to investigate the market monopoly structure of Upbit.

• Thai SEC proposes new regulations allowing mutual & private funds to invest in digital assets.

Alpha

• Babylon Phase-1 Cap-2 completes; nearly ~23k Bitcoin worth ~$1.5b staked.

• Puffer Fugu NFT takes newer snapshot of $pufETH holders; more Fugu Spin tickets distributed.

• Caldera launches Meet the Metalayer: Celestia quest on Layer3.

• Blackwing launches Single Token Mainnet on Solana; to launch Mainnet on Initia soon.

• Bungee teases "More Balls are coming" on X.

• Union posts "Loading: Testnet-9 ████░░░░░░ 40%" on X.

• Usual partners with PumpBTC; introduces $pumpBTC/$USD0 trading pair.

• Level adds support for $DYAD; $lvlDYAD coming soon.

• Morph Mainnet to launch soon; posts "Countdown Starts NOW" on X.

• Legion (similar to Echo) announces first fundraising rounds are coming soon.

• Nudge launches Re:allocation Points App.

Airdrops

• Hemi Airdrop Strategy by Earndrop.

• ⭐️ Optimism launches $OP airdrop #5 claim; eligibility based on the Superchain usage.

• Scroll unveils $SCR; snapshot on October 19th, airdrop claim on October 22nd.

• Scroll $SCR Marks Value Scenarios by Olimpio.

• Swell launches $SWELL Airdrop eligibility & allocation checker.

• Puffer unveils $PUFFER tokenomics; airdrop to launch on October 14th.

• Thruster launches $THRUST Airdrop claim.

• CARV launches $CARV Airdrop claim.

Finance News

• Ark Invest buys ~$2.2m of Coinbase $COIN shares; $ARKF contains ~$67m of Coinbase stock.

• Ark Invest $ARKK sells $36m of Robinhood $HOOD shares; cites portfolio compliance.

• Bitfarms $BITF Co-Founder sold $4m of shares over past two weeks.

• CIS Alliance consisting of 12 Countries ditches US Dollar; uses local currencies for 85% of transactions.

• Multilateral Banks could collectively lend another half-trillion dollars before rating downgrades.

• Berkshire Hathaway nets $10b from Bank of America $BAC share sales since July; reduces stake from 13.1% to 10.1%.

• TSMC Q3 2024 revenue increases to ~$23.41b; 12% increase compared to Q3 2023 revenue.

Security and Exploits

• Symbiotic posts update regarding Twitter account compromise on X.

• MoneyGram confirms data breach following a cyberattack in September; some sensitive personal information was exposed.

• ⭐️ Internet Archive suffers data breach; hackers steals user authentication database.

• Microsoft releases Windows October 2024 security updates; patches 5 zero-days.

• Qualcomm warns of actively exploited vulnerability; patches issued to device manufacturers.

• Firefox discloses vulnerability being actively exploited in the wild; urges users to update immediately.

• Doctor Web Antivirus suffered a cyberattack in September; denies user data was compromised.

• North Korean hackers target job seekers with fake interviews leading to malware.

Token Unlocks

• Ethena $ENA / ~$4m / OCT 09
• Xai $XAI / ~$7m / OCT 09
• Optimism $OP / ~$13m / OCT 10
• IOnet $IO / ~$4m / OCT 11
⭐️• Aptos $APT / ~$100m / OCT 11
• Cardano $ADA / ~$7m / OCT 12
• Taiko $TAIKO / ~$12m / OCT 14
• Render $RENDER / ~$3m / OCT 14
• Cyber $CYBER / ~$3m / OCT 14
• Axie Infinity $AXS / ~$43m / OCT 14
• Starknet $STRK / ~$25m / OCT 15

Funding

• VanEck launches $30m early-stage fund; to focus on fintech, digital assets, & AI startups.

• delta raises $11m in funding.

• Toncoin $TON raises $10m in Strategic funding from Gate[.]io.

• Bitlayer raises $9m in Extended Series A funding led by Polychain Capital & Franklin Templeton.

• OpenGradient raises $8.5m in Seed funding.

• Kiva AI raises $7m in Pre-Seed funding led by CoinFund.

• Semantic Layer raises $3m in Seed funding led by Figment Capital.

• APRO raises $3m in Seed funding led by Polychain Capital, ABCDE, & Franklin Templeton.