Top10 News

1、BNB Chain hacked, over $500 million in funds involved (updating) link

2、Solana Suffers Another Major Outage link

A misconfigured node caused the Solana network to stop processing transactions and go offline on Friday.Solana validator behind Stakewiz.com tweeted about the incident:"It appears a misconfigured node caused an unrecoverable partition in the network.A validator was running a duplicate validator instance. Meaning when it was their turn to produce a block, they produced one from each instance, for the same slot, so some validators saw the one block, some the others, then couldn't agree which one was correct."

3、Token Pocket's Flash Exchange DEX Transit Swap Attacked (Updating) link

The hacker who stole the most money from Transit Finance has returned more than $18.9 million, or 83.6 percent of the total funds stolen, and Transit Finance says it will refund 100 percent of its users' losses. Priority will be given to returning the assets returned by the hackers and a refund plan will be announced as soon as possible for the remaining unreturned user assets.

4、U.S. unemployment rate 3.5% and quarterly non-farm payrolls 263,000 in September

The US unemployment rate announced in September was 3.5% now, versus 3.7% expected and 3.7% previously. US non-farm payrolls were revised to 263,000 in September, compared with 315,000 previously and 250,000 expected.

5、Tether CTO: Tether as of 30 September 2022 holds ~58.1% of its assets in US t-bills link

6、Asset Management Giant Fidelity Adds to Crypto Offerings With Ethereum Index Fund link

Fidelity’s new Ethereum Index Fund will offer clients access to ether (ETH), the second-largest cryptocurrency by market capitalization. The fund has raised about $5 million since sales started on Sept. 26, according to a filing with the U.S. Securities and Exchange Commission. The minimum investment is $50,000.

7、Musk Revives $44 Billion Twitter Bid, Aiming to Avoid Trial link

According to Bloomberg, Elon Musk proposed to buy Twitter Inc. for an original offer of $54.20 per share. For months, Musk has been trying to back out of the contract he signed in April to buy Twitter, which sued Musk to force him to complete the purchase. The two sides were scheduled to appear in court on Oct. 17. Dogcoin rose rapidly after the news was released.

8、Lido launches layer-2 Ethereum staking and LDO rewards link

One of the biggest Merge staking providers, Lido Finance, has launched on two layer-2 networks, Arbitrum and Optimism, a move it says further improves accessibility to Ethereum staking while reducing gas fees.

9、Celsius provides users' names and trading history in legal filing link

Celsius has provided the names and trading history of its platform’s users in its latest court filing. The court required the company to produce this information. While some personal data is hidden, this could lead to many users having their crypto wallets identified.

10、Kazakhstan's president says he is considering full legal recognition of crypto assets link

The President of Kazakhstan Tokaev visited the joint booth of the country's Intebix exchange and Eurasian Bank to be briefed on the country's "first legal fiat currency purchase of cryptocurrencies", saying: "We are ready to go further. If this financial instrument shows its further demand and security, then it will certainly receive full legal recognition.

Fundraising

• Citi Ventures Makes First Crypto Seed Investment in Startup Xalts  link

• Resy co-founder Ben Leventhal raises $11 million for new web3 hospitality platform  link

• Blockchain Game Developer Horizon Raises $40M in Series A Funding Round  link

• Thai media giant to work with Sygnum for $300m hybrid equity-NFT raise  link

• AlterVerse Secures Funding from Binance Labs, Polygon Ventures & Ankr to Launch Sky City link

• Golden raises $40m Series B led by a16z crypto to build the decentralized protocol for knowledge  link

• Bored Apes' Otherside Builder Improbable Eyes Fresh Funding at $3B Valuation link

• Uber, Amazon vets raise $14 million in Paradigm-led seed round to build DeFi platform link

• Uniswap Labs eyes over $100 million in new funding link

• Arthur Cheong's DeFiance Capital raising $100 million to invest in liquid tokens link

Learn more, check out crypto-fundraising.info.

Insights

• Application-Specific Blockchains: The Past, Present, and Future link

• How NOT to Promote Your Cryptocurrency Project or Token  link

• special edition: all things zero knowledge  link

• Ethereum's New ‘Staking’ Model Does Not Make ETH A Security.  link

• The best apps today are games in disguise  link

• Quarterly State of the Market 3Q'22  link

• Why Culture Eats Strategy link

• What is Market Making? link

• How much can we constrain builders without bringing back heavy burdens to proposers? link

• Looking back at Solana outages, why are they frequent? link

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