Robinhood's 23M Users Can Now Bet on US Election

️ On today's Top Picks:

Crypto News

• ⭐️ FTX drops lawsuit against Bybit in $228m settlement; to reclaim $175m in digital assets & sell additional assets.

• Digital Asset Investment Products saw $901m of net inflows last week.

• Bitmain $BTC states it is NOT involved in the TSMC supply chain investigation.

• Scroll's $SCR TVL has dropped ~15% to ~$1.16b in the past 7 days; $SCR airdrop was on October 22nd.

• Tether $USDT launches on Aptos $APT Mainnet; follows recent Circle $USDC launch on Sui $SUI Mainnet.

• OpenSea partners with Art Blocks; to help guide OpenSea’s roadmap for creators & new product features.

• Hong Kong Stock Exchange $HKEX to launch crypto index on November 15th.

• Hong Kong plans tax breaks for crypto; to also approve more crypto platform licenses by end of year.

• Bitpanda considers IPO or selling itself; valued at $4b or more.

Alpha

• Babylon & BTC LSTs Analysis by Wu Blockchain.

• Reddio launches support for StakeStone $STONE; earn limited-time double staking points.

• Jumper launches Jumper Ambassador Program; applications open.

• Bungee launches Bungee Protocol Beta; Bungee Ball holders have exclusive access.

• Initia posts "Initializing Mainnet ▓▓▓▓▓▓▓▓▓▓▓░░░ 78%" on X.

• ⭐️ Astria launches Mainnet Alpha; Flame, a hub for Celestia Native DeFi on Astria is coming soon.

• Avantis launches XP Boosts; 2x XP Boost on all Bitcoin & Dollar-Yen trades until November 11th.

• Gitcoin launches Mint Your GG22 Attestations quest on Galxe.

Airdrops

• Grass launches $GRASS Airdrop One.

• ⭐️ Magic Eden to test launch $TestME Airdrop on October 29th; Magic Eden Mobile Wallet app required to claim.

• ICYMI Weekly Airdrop Recap by Earndrop.

• ICYMI Corn Airdrop Strategy by Earndrop.

• Airdrop Updates by Airdrop Official.

Finance News

• Metaplanet buys an additional $10m of Bitcoin; total Bitcoin holdings worth ~$69m.

• Emory University discloses $16m in Bitcoin ETF holdings; first endowment to report exposure to Bitcoin.

• ⭐️ Robinhood $HOOD introduces US Presidential Election Market; feature rolling out to limited number of customers today.

• Ark Invest $ARKK $ARKQ sells ~$22m of Tesla $TSLA shares; still holds nearly ~$1b worth of shares.

• Delta $DAL sues Crowdstike $CRWD over July tech outage; claims over $500m in lost revenue & extra expenses.

• Boeing $BA raises $19b through public offerings; raise was larger than expected.

Security and Exploits

• SlowMist publishes Weekly Security Report; over $24m in total reported losses.

• Ambient Finance refunds all victims of recent domain hijack attack.

• TeamTNT hacker group targets exposed Docker environments for cryptocurrency mining.

• US FBI & US CISA allege Chinese state-affiliated hackers breached US telecommunications infrastructure.

• Windows Driver Signature bypass discovered; allows kernel rootkit installs on fully patched systems.

• Nvidia GPU Driver update patches 8 high-severity vulnerabilities.

• Free SAS confirms data breach; customer personal information stolen.

Token Unlocks

• EigenLayer $EIGEN / ~$4m / OCT 29th
• Ethena $ENA / ~$5m / OCT 30th
⭐️• Celestia $TIA / ~$890m / OCT 30th
• Optimism $OP / ~$50m / OCT 31st
• Manta Network $MANTA / ~$1m / OCT 31st

Funding

• Gelato raises $11m in Extended Series A funding led by Hack VC.

• bitSmiley raises $10m in funding.

• Cap Labs raises $1.9m in Pre-Seed funding.

• Streamflow raises $1.9m led by John Lilic.

• Talent Protocol raises an undisclosed amount in Strategic funding from Base Ecosystem Fund.

• UniLive raises an undisclosed amount in Seed funding.

The Degen Farmer