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Friend.Tech Has Attracted 300,000 unique users | Cryptocurrency Trends

John, Bitget Research
2023/10/07
Friend.Tech Has Attracted 300,000 unique users | Cryptocurrency Trends

1.Mainstream Exchange Trends:

● Binance announces that users from around the world can now make posts on Binance Feed.
● Mainstream Exchange Listings (CEX: Token — Time of Listing in UTC)
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2.Cryptocurrency Trends:

● Galxe, a Web3 credential data network, announces that it has discovered a security vulnerability affecting DNS records on its official website via its Dynadot account.
● According to crypto researcher Messari, friend.tech has attracted 300,000 unique users and is generating US$320,000 in daily fee revenue (six times that of OpenSea).
● U.S. September quarterly nonfarm payrolls increased by 336,000, exceeding the expected increase of 170,000 and the previous increase of 187,000.
● According to Lookonchain, the FTX hacker has converted 75,636 ETH (~US$124 million) into BTC and cross-chained the assets to the Bitcoin network. The hacker still holds 109,485 ETH (~US$179 million).
● According to Ming Pao, Christopher Hui, Hong Kong's Secretary for Financial Services and the Treasury, noted in an interview with the Investment Committee that until Hong Kong introduces a formal stablecoin regulatory regime, retai l trading will not be allowed for the time being.
● Data from Solana Compass shows that during epoch 512, around 16.12 million SOL (~US$370 million) was unlocked.
● The Block reports that wallet company Ledger has laid off 12% of its staff.

3.Financing Trends:

● Ostium Labs, a crypto startup, raises US$3.5 million in funding with participation from General Catalyst, LocalGlobe, SIG, and Balaji Srinivasan.
● Fairblock, a privacy infrastructure provider, raises US$2.5 million in pre-seed funding led by Galileo.
● Phaver, a Web3 social protocol, raises US$7 million in funding with participation from Polygon Ventures, Nomad Capital, Symbolic Capital, dao5, 33DAO, Foresight Ventures, Alphanonce, f.actor, Superhero Capital, and others.

4.Regulatory Trends:

● Singapore to form an inter-ministerial committee to re-examine its AML regime in response to Singapore's largest money-laundering case.
● The Basel Committee releases a report on the 2023 banking turmoil, agreeing on consultation for climate and crypto asset disclosures and outlining that banks must disclose cryptocurrency holdings.
Disclaimer: This content includes third-party opinions, and we do not guarantee its accuracy. Cryptocurrency prices are highly volatile, so please conduct your own research and make judgments accordingly.