OpenSea Loses 4 Top Execs Amid Investigation

️ On today's Top Picks:

Crypto News

• Crypto prices tumble amid heightened tensions in the Middle East.

• Bitcoin miners' September revenue (~$816m) is the lowest since last year.

• ⭐️ Four OpenSea executives have quit in recent months amid SEC investigation & intense competition.

• Bitwise submits filing for Ripple $XRP ETF.

• Binance introduces Risk Warnings for tokens with significant tokenomics changes.

• FTX Estate to sell ~$38m of locked Worldcoin $WLD tokens; sale a part of ongoing effort to recover funds for creditors.

• FTX's Reorganization Plan receives support from ~94% of Dotcom voting creditors.

• US Appeals Court rules US presidential election markets are legal.

• US SEC files notice of appeal in case against Ripple $XRP.

• US Judge sides with SEC in case alleging Rivetz sold unregistered securities.

• Gemini to close all customer accounts in Canada; the move comes after the CSA introduced rules for CEXs.

• Australia seizes over $6m in crypto after deciphering seed phrases from organized crime wallets.

Alpha

• ⭐️ Babylon to launch Bitcoin Staking Phase-1 Cap-2 on October 9th.

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

• Caldera launches Meet the Metalayer: XR One quest on Layer3.

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

• Jumper updates Jumper Loyalty Pass XP system; will now issue daily XP rather than monthly.

• Corn adds PumpBTC $pumpBTC deposit Silo; earn 1.5x Kernels.

• BOB launches 1-Click BTC Staking with BOB Stake quest on Intract.

• Superseed launches Testnet Phase Three: Dolomite quest on Layer3.

Airdrops

• Curvance Airdrop Strategy by Earndrop.

• EigenLayer unlocks $EIGEN; now trading on both CEXs & DEXs.

• ⭐️ Puffer $PUFFER Airdrop & TGE coming soon.

• Puffer distributes full EigenLayer $EIGEN airdrop amending previous error.

• Zora Foundation domain discovered; $ZORA TGE & Airdrop potentially coming soon.

• deBridge introduces $DBR LFG Checker; check eligibility, track launch timelines, & more.

• CARV unveils Season 1 Airdrop; snapshots already taken & airdrop coming soon.

• ICYMI Weekly Airdrop Recap by Earndrop.

• ICYMI Telegram Airdrops by Earndrop.

• Airdrop Snooping: A Guide For Basically Anyone by Crypto Snooper.

Finance News

• US SEC Enforcement Director Gurbir Grewal to step down on October 11th.

• ⭐️ OpenAI raises $6.6b at a $157b valuation; Cathie Wood to invest at least $250m.

• Robinhood $HOOD launches crypto transfers in Europe; supports 20+ digital assets.

• MetaPlanet buys additional ~$7m of Bitcoin $BTC, total holdings now at ~$32m.

• UK FCA fines Starling Bank ~$39m for financial crime failings.

• Canada's TD Bank to pay ~$20m over US Treasuries market manipulation.

• Bank of America $BAC outage leaves some customers unable to access their accounts & others with $0 balances.

Security and Exploits

• North Korean workers successfully infiltrated more than a dozen blockchain firms.

• SlowMist publishes Monthly Security Report: September Edition.

• SlowMist publishes 2024 Q3 MistTrack Stolen Funds Analysis.

• Cryptojacking campaign targets Docker API to create malicious Docker Swarm Botnet.

• PayPal changes privacy policy; enables third-party data sharing.

Token Unlocks

• Manta Network / 1.87m $MANTA / ~$2m / SEP 30
• dYdX / 8.33m $DYDX / ~$2m / OCT 01
• Maverick Protocol / 36.4m $MAC / ~$8m / OCT 01
• Sui / 64.19m $SUI / ~$114m / OCT 01
• ZetaChain / 53.89m $ZETA / ~$35m / OCT 01
• Galxe / 2m $GAL / ~$5m / OCT 01
• Cardano / 18.53m $ADA / ~$7m / OCT 02
⭐️• Ethena / 428.38m $ENA / ~$152m / OCT 02
• Immutable / 32.47m $IMX / ~$50m / OCT 04
• Neon / 53.91m $NEON / ~$18m / OCT 07
• Mode / 500m $MODE / ~$6m / OCT 07
• Hashflow / 13.62m $HFT / ~$2m / OCT 07

Funding

• ZAR raises an undisclosed amount in funding.

• RoOLZ raises an undisclosed amount in funding from Animoca Brands.

The Degen Farmer