6,000 MKR transferred from Binance to unknown wallet
According to Whale Alert monitoring data, at 23:04 today Beijing time, 6,000 MKR (worth $8,486,455) were transferred from Binance to an unknown wallet.
BOND breaks through $6.7, hitting a new high this year
According to Coingecko market data, the BarnBridge token BOND has broken through 6.7 USDT, reaching a new high this year and currently trading at 6.66 USDT, with a 24-hour increase of 55.7%.
Earlier today, the BarnBridge community voted to authorize a proposal related to "BarnBridge co-founders Tyler Ward and Troy Murray complying with the US SEC order."
Axelar community launches expansion plan proposal
On October 15th, according to Governance Interface, the interoperability project for cryptocurrencies, Axelar, initiated a proposal for an expansion plan. The proposal suggests short-term, medium-term, and long-term scalability plans to maintain a strong and decentralized technical infrastructure.
Short-term plan: Modify the network's inflation parameters. Introduce a Gas burning mechanism to offset inflation and further maintain the network's strong decentralization.
Medium-term plan: Transition to establishing connections within virtual machine smart contracts and replacing inflation rewards with explicit reward pools for each new chain.
Long-term plan: Expand the use of more lightweight client connections when appropriate.
The total market value of meme coins has shrunk by more than $3 billion in the past nine months
Data shows that the total market value of meme coins will reach 16.9 billion US dollars in January 2023. Currently, the market value has dropped by 18.93% and is worth 13.6 billion US dollars, a decrease of more than 3 billion US dollars. DOGE, which currently has the highest market value, has decreased by 2.46 billion US dollars since January, while SHIB has fallen by about 1.22 billion US dollars in the past 9 months.
Suspected Upbit wallet address transferred 36 million LOOM, equivalent to approximately US$17.7 million
According to Lookonchain monitoring, a wallet suspected to belong to Upbit has just transferred 36 million LOOM (approximately 17.7 million US dollars). The wallet currently holds 617 million LOOM (approximately 283 million US dollars), accounting for 47.5% of the total supply.
Cointime's Evening Highlights for October 15th
1. Hong Kong Monetary Authority: The stablecoin regulatory framework's second round of public consultation will be "announced as soon as possible";
Axelar community launches expansion plan proposal
According to the official governance interface, Axelar community has proposed an expansion plan, which includes short-term, medium-term, and long-term scalability plans to maintain a strong and decentralized technical infrastructure. Short-term plan: Modify the inflation parameters of the network. At the same time, introduce the Gas burning mechanism to offset inflation and further maintain the strong decentralization of the network; Medium-term plan: Transition to establishing connections within virtual machine smart contracts and replacing inflation rewards with explicit reward pools for each new chain; Long-term plan: Expand the use of more lightweight client connections where appropriate.
Paradex’s trading volume reaches $100 million in the past 30 days
The encrypted liquidity platform Paradigm has incubated a new application chain, Paradex, on Starknet. Paradex announced on social media that its trading volume has reached $100 million in the past 30 days. Paradex stated that it is still in the closed testing phase.
Axelar community launches expansion plan proposal
According to Governance Interface, on October 15th, the cryptocurrency interoperability project Axelar launched an expansion plan proposal. The proposal suggests short-term, medium-term, and long-term scalability plans to maintain a strong and decentralized technical infrastructure.
Short-term plan: modify the network's inflation parameters. At the same time, introduce a gas burning mechanism to offset inflation and further maintain the network's strong decentralization;
Medium-term plan: transition to establishing connections within virtual machine smart contracts and replacing inflation rewards with a clear reward pool for each new chain;
Long-term plan: expand the use of more lightweight client connections as appropriate.
Q3 2023 Cryptocurrency Venture Capital Report: Market still bottoming out, with increasing pressure on startups.
The venture capital financing environment remains highly challenging, but may be improving.
