Planet Daily | CZ: Will continue to invest in blockchain/decentralized technology, AI and biotechnology, Giggle Academy

Titres

CZ: Will continue to invest in blockchain/decentralized technology, AI and biotechnology, Giggle Academy is progressing smoothly

CZ YuX posted: “This food tastes amazing… What a luxury it is to be able to eat more than one piece of fruit a day!

I know some of you may have a lot of questions. I dont have all the answers.

Let me calm down. Then think about the next steps. The future always has more opportunities than the past.

I want to thank everyone for their support. It means so much to me and keeps me strong during my darkest moments.

Some quick updates/thoughts:

Giggle Academy is going great and will be a big part of my life for the next few years.

Will continue to invest in blockchain/decentralized technology, artificial intelligence and biotech. I am a long-term investor and I care about impact, not returns.

I will also be devoting more of my time and money to charity (and education). I have some rough ideas.

Im still working on my book, Im about 2/3 done. Writing a book is a lot more work than I thought it would be, but Im going to keep doing it.

Binance is doing fine without me in the back seat, which is great. This is every entrepreneurs dream.

Stay tuned. See you at the conference.”

The rumor that FTX will pay compensation next week is untrue. The compensation plan still needs to wait for confirmation at the hearing on October 7

FTX bankruptcy case files show that the Delaware Bankruptcy Court will hold a confirmation hearing on FTXs bankruptcy plan at 10:00 EST on October 7 (22:00 BJT).

On that day, the court will consider confirming FTXs proposed Chapter 11 reorganization plan and its related disclosure statement plan. If the court confirms the plan, FTX will be allowed to pay more than 98% of its customers and unsecured creditors in full with interest based on the US dollar prglace of crypto assets on November 11, 2022.

In addition, according to US media Protos, the compensation may be implemented after three comprehensive hearings aimed at discussing the merger of multiple claimants into a unified category, scheduled for October 22, November 20 and December 12.

Odaily Note: There are currently a lot of rumors on social media that FTX will start paying compensation next week, which is false.

The pump.fun fee account sold 122,250 SOL in the past 5 days, equivalent to about 18.9 million US dollars

According to Lookonchain monitoring, the pump.fun fee account sold another 122,250 SOL (US$18.9 million) in the past 5 days.

So far, pump.fun has generated a total revenue of 773,617 SOL ($120.68 million) and sold 398,313 SOL ($62.13 million) at an average price of $156.

Nouvelles de l'industrie

Japanese listed company Remixpoint has purchased approximately $5.27 million in crypto assets, including 64.4 BTC

Remixpoint, a Japanese listed entreprise, recently announced in a statement the number and amount of crypto assets (virtual currency) it purchased: a total of 750 million yen (about 5.27 million US dollars) was spent on purchasing 64.4 BTC (600 million yen), 130.1 ETH (50 million yen): 2,260.5 SOL (50 million yen) and 12,269.9 AVAX (50 million yen).

The purchase is part of the companys purchase of a total of 1.5 billion yen in virtual currencies announced on the 26th. At a board meeting on the same day, Remixpoint decided to purchase virtual currencies as part of its cash management strategy.

On the other hand, considering the possibility of further depreciation of the yen, the company invested part of its surplus funds in virtual currencies to diversify the risk of fluctuations in the value of the currencies held and control its exposure to the yen. (Coinpost)

Stand With Crypto: Crypto voters are real, bipartisan, and ready to participate in the current election

The executive director of Stand With Crypto, a lobbying group founded and funded by Coinbase, recently stated: Crypto voters are real, bipartisan, and ready to participate in the current election cycle. The organization scored politicians crypto stances, with Trump scoring an A.

Stand With Crypto states that “Cryptocurrency is a national priority… 52 million Americans own cryptocurrencies and want their voices to be heard in the upcoming election, and nearly nine in ten Americans believe that the financial system is in urgent need of an update. Yet, U.S. policymakers seem content to maintain the status quo rather than fulfill their responsibilities.”

Cryptocurrencies have also accounted for nearly half of all corporate spending in the election so far, with the pro-cryptocurrency Fairshake super PAC alone raising more than $200 million. (FT)

Analysis of 12,000 spWETH stolen from a certain address: Hackers induce users to pre-generate non-transaction addresses and create contracts through Permit offline authorization

According to official news, through analysis by the OKX Web3 security team, a certain address lost more than 12,000 spWETH due to phishing yesterday. The hacker induced the user to authorize a pre-generated non-transaction address through Permit offline, and then created a contract on the address through Create 2 to transfer assets.

For this scenario, OKX Wallet will automatically identify this type of address signature as an EOA address and provide a prompt. OKX Web3 will continue to improve its security risk detection capabilities.

The whale that received 150,000 ETH during the Ethereum IC0 deposited another 2,990 ETH to Kraken 9 hours ago

According to on-chain analyst @ai_9684 xtpa, the ancient whale with 150,000 ETH in Ethereum IC0 recharged 2,990 ETH (worth $7.97 million) to Kraken nine hours ago, which is suspected to be a sale.

In the past six days, he has transferred a total of 15,000 ETH to the exchange, with a total value of US$39.33 million; at this point, all the ETH in this address has been sold, and the remaining four addresses still hold 60,000 tokens.

Nouvelles du projet

StakeStone Opens EigenLayer Season 2 Stakedrop Token Claims

StakeStone, a full-chain liquidity asset protocol, has published a post on X-platform that it has opened the EigenLayer Season 2 Stakedrop token claim portal. Eligible users can now claim EIGEN rewards, and it will remain open until December 1, 2024.

Zilliqa: Network problems reappeared, the team will solve it as soon as possible, funds are safe

The public chain Zilliqa posted on X that the network had problems again after a few days. The team has discovered the error and will resolve it as soon as possible. All funds are safe. It added that this error was not caused by the Zilliqa 2.0 upgrade.

Catizen has launched CATI payment function and supports the purchase of Airdrop Premium Pass

Catizen posted on X that Catizen PC web version and third-party top-up payment (Top-Up Payments) center now supports CATI payment, powered by Pluto.

In addition, the recharge payment center also supports the purchase of Largage aérien Premium Pass and provides a 30% discount.

Investissement et financement

Fully homomorphic encryption re-staking layer Mind Network completes $10 million Pre-A round of financing, with Animoca Brands and others participating

According to official news, the fully homomorphic encryption re-staking layer Mind Network recently announced the completion of a US$10 million Pre-A round of financing. Animoca Brands, Arkstream Capital, Cogitent Ventures, G Ventures, MH Ventures, Master Ventures, Moonhill Capital, SwissBorg Ventures, IBC Group, ether.fi CEO Mike Silagadze, crypto KOL Mario Nawfal, Mr Block, Kyle Chassé and other angel investors participated in the investment.

Mind Network plans to use the new funding to expand its business by integrating more staking protocols and continue to release supporting infrastructure. Users holding staked assets from partner protocols can redeem vFHE on Mind Network and participate in FHE voting.

Earlier news, Mind Network announced the launch of the FHE voting solution to ensure the consensus and data security of AI and PoS networks.

The scheme introduces the concept of Total Governance Value (TGV), which separates voting rights from staked assets and allocates them to networks/systems that require governance and consensus. Users can obtain vFHE by holding staked assets, thereby participating in ensuring the consensus of other networks they wish to support.

Character Voice

Zhu Su: The $16 billion allocated to FTX creditors will partially return to the market, which is a large amount of incremental funds

Zhu Su, co-founder of Three Arrows Capital, commented on FTX expects to distribute $16 billion to creditors in Q4. Even if these funds cannot be fully returned to the crypto market, it is still a large number, which may imply that it will boost the market.

Opinion: ETH and BTC ETFs have a large inflow of funds, and Asia may drive the bull market

Michaël van de Poppe, a well-known cryptocurrency analyst, said on social media that Ethereum (ETH) and Bitcoin (BTC) ETFs have seen a large influx of funds recently.

He expects the trend to continue, viewing the two “blue chip” cryptocurrencies as the best bets against a potential failure of the U.S. dollar. Van de Poppe also noted that China is driving the market forward, predicting that Asia could be a key force driving the next bull run.

This article is sourced from the internet: Planet Daily | CZ: Will continue to invest in blockchain/decentralized technology, AI and biotechnology, Giggle Academy is progressing smoothly

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