headlines
Insider: Bitmain has paid out some of its delayed September wages
Odaily News insiders told Odaily that Bitmain has paid out some of the previously delayed wages for September at around 15:00 this afternoon.
According to previous news, Bitmain’s internal emails showed that the company’s operating cash flow had not turned positive in September, especially the progress of its mines was seriously not up to standard. The EMT has decided to suspend the payment of part of the salary of all employees in September and will pay it according to the situation after the October 7 holiday.
Starknet Community Manager: The Starknet team and members are currently safe
Odaily News Affected by recent international events, members of the Starknet community, a Layer 2 expansion solution, expressed concerns about the teams situation. In response, Starknet Discord community administrator Wind Rider responded that the Starknet team and its members are currently safe. It is understood that StarkWare, the parent company of Starknet, is headquartered in Israel.
Odaily News It is understood that AnubisDAO is an Olympus DAO imitation disk project that was launched in November 2021, causing a total loss of approximately US$57 million.
Industry News
Odaily reported that a person related to the JPEX case was arrested after arriving at the airport. He was a 28-year-old male person in charge of a virtual currency exchange shop surnamed Cai. Hong Kong police have so far received reports from more than 2,500 people, involving NT$1.56 billion, and a total of 28 people have been arrested. (Sina Hong Kong)
FTX paid $55 million to Tom Brady and $35 million to Steph Curry in marketing fees
Odaily News The Big Short Michael Lewis said in an interview that FTX paid US$55 million and US$35 million in marketing fees to Tom Brady (American football player) and Steph Curry (NBA star) respectively, both for three-year promotions. Cooperation, 20 hours per year. FTX wrote in an NBA All-Star promotion post that Steph Curry became part of the company as a 2021 global ambassador and has an equity stake. (BITCOINIST)
According to data released by Odaily, CleanSpark produced 643 BTC in September, and the total number of BTC held reached 2,240. The past few months have been the most profitable quarters ever, making CleanSparks FY23 its best year yet, the companys CEO said.
In addition, Riot Blockchain produced 362 BTC and Marathon Digital Holdings produced 1,242 BTC. (CryptoPotato)
Odaily reported that according to Scopescan monitoring, FTX attackers transferred a total of 15,000 ETH to THORChain in the past day, worth US$24.5 million. The attacker has transferred a total of 90,000 ETH and still holds 95,700 ETH, worth $157 million.
Project News
Odaily News Stars Arena posted on the X platform that funds have been transferred from the original fee wallet to the new Gnosis Safe multi-signature wallet, which requires 3/6 signatures under the control of all Stars Arena team members. Gnosis Safe:
0xAc0388Fe24D65358f2F063ebCbEfa321A2a091d。
Stars Arena reminds users not to deposit new funds: While some access to Stars Arena has been restored, users cannot and should not deposit new funds.
Ripple CTO calls on community to reach consensus on XRPL AMM feature adoption
Odaily News Ripple Chief Technology Officer David Schwartz called on the community to reach consensus on the adoption of the XRP Ledger (XRPL) AMM function on the X platform, especially XRPL validators to vote for it. He said that if a majority of validators support the amendment, it will be implemented within two weeks, but currently no validators are participating in the vote.
Aave community proposes to activate OP as a borrowable asset in the Aave V3 Optimism pool
Odaily News The Aave community is conducting on-chain voting on the OP Risk Parameter Update proposal, which will end on October 9. The AIP proposes to activate OP as a borrowable asset in the Aave V3 Optimism pool, aiming to adapt to L2’s maturity and attract more LPs and borrowers, thereby creating new revenue for the protocol. Under the proposed new risk parameters, the borrowing limit is 500,000 coins, the loan value is 30%, the liquidation threshold is 40%, and the reserve factor is 20%.
While the proposed reforms are less conservative, they still maintain tight supply and borrowing caps and a conservative interest rate strategy, the proposal said. This ensures that the DAO can foster growth and new opportunities while remaining risk-averse.
Aave launches vote to add FXS to Ethereum V3 temperature check
Odaily news governance platform shows that Aave initiated a temperature check vote to add FXS to the Ethereum V3 liquidity pool. FXS is the governance token and utility token of Frax Finance.
The proposal states that Aave could promote diversification of GHO collateral by adding FXS. In addition, FXS obtained from the Aave V3 pool can be used as a new strategic asset for GHO or new aToken. The addition of FXS will make it an important lending and staking asset in the Aave ecosystem, similar to tokens such as BAL, SNX, and CRV.
The current proposal has a support rate of 99.99% and has not yet reached the quorum. Voting will end on October 10.
Circle states that Perimeter Protocol did not copy any other project’s code
Odaily News A Circle spokesperson said: “Circle Research built its first open source contribution, Perimeter Protocol, from scratch, without copying any project’s code, to provide a new standard for others to build on-chain credit markets. Perimeter’s open source code is available Viewed and verified by all.”
Previously, crypto credit protocol Maple Finance stated that Perimeter Protocol’s code was forked from its project. Maple Finance co-founder Sid Powell posted on the X platform: Imitation is the sincerest compliment. (DL News)
Odaily News Yuan Universe project ZepetoX announced that the ZTX token airdrop and release date will be October 16, and the total supply will be fixed at 10, 000, 000, 000, of which 4% will be allocated to the genesis airdrop.
ZTX tokens can be used for community governance, purchasing in-game assets, and improving player progress in the game. In addition, the platform will also promote the value of the ZTX ecosystem through a token buyback program, including destruction (reducing the total supply), providing rewards to players (incentive pool), and part of it being used to fund the treasury.
Investment and Financing
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global policy
SEC says cryptocurrencies have no intrinsic value, are investment contracts in Coinbase case
Odaily News The U.S. Securities and Exchange Commission (SEC) argued in a federal court case against Coinbase that cryptocurrencies lack any “inherent or inherent value.” The SEC said in its filing: “Crypto-assets themselves have no inherent or inherent value - -It is linked to its underlying value, which in the case of the crypto-assets involved in this case is an investment contract”.
Coinbase chief legal officer Paul Grewal countered: The SECs argument today means that everything from Pokemon cards to stamps to Swiftie bracelets are securities. This is not the law at all, nor should it be the law. ( Decrypt)
Character*Voice
OpenAI CEO: Bitcoin is a super logical and important step on the technology tree
Odaily News OpenAI and ChatGPT CEO Sam Altman said in a video interview: As a currency that is not subject to regulatory control, Bitcoin is a super logical and important step on the technology tree.
Ethereum core developer: Lido’s 33% market share does not mean Ethereum is in trouble
Odaily News Ethereum core developer eric.eth posted on the More than thirty nodes must collude and destroy their cause.
eric.eth further stated that even then, the social layer could step in and fork malicious Lido node operators and move to a new chain.
Former SushiSwap CTO: Will unsubscribe from any cryptocurrency-related content
Odaily News NFT lending platform Astaria CTO, former SushiSwap CTO, and former Ethereum core developer Joseph Delong posted on the X platform that he will unsubscribe from any content related to cryptocurrency Web3 or Bitcoin. This notice is effective immediately and may be enforced by legal deprivation of rights.
