Coinlive Weekly Magazine (September eleven – September 17): FTX May Sell $three.four Billion in Crypto, Exchanges Are ‘Sadly and Happyly’ Mixed

The most notable details in the 2nd week of September 2023 was that FTX obtained court approval for its proposal to liquidate $three.four billion well worth of cryptocurrencies, leading to confusion amongst a lot of folks.

Additionally, at the TOKEN2049 occasion in Singapore, a lot of tasks and exchanges announced new goods and attributes, but not all of them had superior information to share with the local community.

Let’s overview all the crypto movements of the week with Coinlive to make confident you never miss any crucial information! 😉

Volatility in important cryptocurrencies in contrast to seven days in the past. Screenshot by Coin360 at 08:05 on September 17, 2023

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📰 News

The concentrate 🔥

The American court allowed it FTX sells $3.4 billion worth of cryptocurrencies

Chairman of the SEC confirms that it is reviewing spot Bitcoin ETF proposals

– Flooring CoinEx Hot wallet attack, loss of $54 million – The culprit is a North Korean hacker

– Flooring They row was attacked, causing $2.7 million in damage

– Flooring Huobi Renamed Cooperative on the tenth anniversary of its foundation

Vietnam lost the top spot in cryptocurrency adoption in the Chainalysis rankings

Futures on Binance Copy exchange functionality launched for users Vietnam

Big Beanie 🌈

Paxos Bitcoin transaction with a fee of half a million dollars

Ethereum Welcome to the new Holesky testnet

Polygon Proposed replacement of the MATIC token for the 2.0 update

Curve (CRV) reduced to OTC price 0.4 USD

UNIBOT token price increased by 20% after competitor BANANA encountered an error in the smart contract

BitMEX Open more prediction markets and bets on real-life events

Telegram Integrate your crypto wallet TONNE

Optimism Send 48 million OPs to users who didn’t airdrop

IOTA Announcing new tokenomics, releasing 70% more token supply

Justin Sole issued and then burned an $800 million stablecoin TUSD

DeFi and Layer 2 🦄

MetaMask Introducing the Snaps toolkit to expand beyond the EVM ecosystem

– Some people create their own DEX exchange zkSync airdrop hunt with 22,000 wallets

sushi expand to blockchain Aptos

Coat invading RWAs, complementing Ondo Finance’s USD (USDY) yield

New projects launching Level 2: Manta, Astar. opBNB, Ancient8

NFT, GameFi and Metaverse 🖼🎮🌐

– TVL friend.tech has doubled, even as the number of new users has declined

Animoca brands raised $20 million for the Mocaverse NFT project

– A person spends 4 BTC on one Bitcoin NFTs

Great organizations 💰

FTX sued LayerZero, seeking recovery of money withdrawn before the bankruptcy

Director of Binance.US resigned, the staff cut the word again

Genesis stop providing all services

Legal and Reception ⚖️

SEC continues to sue the Stoner Cats NFT project

– Co-founder OneCoin he was sentenced to 20 years in prison, with a fine of $300 million

– A person sued the city council for “waste treatment” Find the hard drive containing 8,000 BTC

Prey Partnership Circle to integrate the Web3 wallet into the application

Japan It allows companies to raise capital with cryptocurrency

Coinlive compiled

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