Kine Protocol Has Officially Launched BNT/USDT and Other Trading Pairs
According to official sources, decentralized derivatives trading platform Kine Protocol officially launched BNT/USDT, STORJ/USDT, WLD/USDT, MKR/USDT, ZRX/USDT, GALA/USDT trading pairs on October 17, 2023, and supports 1-50X leverage. Kine Protocol provides users with a more efficient and secure trading environment.
THORChain Announces That RUNE Has Been Fully Distributed and Confirms That All VC Investors Have Exited
October 18th, decentralized cross-chain trading protocol THORChain announced that its token RUNE has been fully allocated to the protocol and reserves. The Treasury holds only 7 million (2% in circulation) for ecosystem funding. All tokens for OG seed/team/investors were unlocked months ago, and all participating investors have exited.
Platypus Finance Recovers 90% of Stolen Assets After Security Breach
Platypus Finance, a DeFi protocol, announced that it has recovered 90% of the assets stolen in a security breach last week. The net loss incurred was limited to "18,000 Avalanche," worth $167,400 at the time of publication. The hacker voluntarily returned the funds, and Platypus Finance has stated that it will not pursue any legal action. The protocol has halted all liquidity pools and is conducting a security audit following the attack, which was the third against Platypus this year.
Fresh Wallets Accumulated 3.28 Million ZRX in the Past 3 Days
Monitoring data from The Data Nerd shows that an address starting with 0xc52 deposited 4.55 million ZRX (1.08 million USD) into Coinbase at a price of 0.236 USD. These tokens were accumulated at an average price of 0.198 USD over the past three months. The whale earned a total profit of 176,000 USD (19%).
BlockTower Capital CEO: Uniswap’s Charges for Front-End or Extra Features Not Related to the Protocol Are Unreasonable
In response to Uniswap founder hayden.eth's announcement that Uniswap will charge a 0.15% exchange fee for certain tokens, BlockTower Capital CEO Air Paul replied that it is unreasonable to charge for additional front-end or protocol-independent functionality, but also believes that Uniswap's explanation for the fee is a wise communication strategy. Previously, Uniswap announced that it will charge a 0.15% exchange (swap) fee for certain tokens in its web application and wallet, including: ETH, USDC, WETH, USDT, DAI, WBTC, agEUR, GUSD, LUSD, EUROC, XSGD starting on October 17th.
Trader Joe’s Sues Crypto Trading Platform for Trademark Infringement
Trader Joe's has filed a lawsuit against the crypto trading platform Trader Joe for violating its trademark rights. The platform, which is registered in the British Virgin Islands and has a headquarters in New York, allows users to borrow and lend funds on the Avalanche and Ethereum blockchains.
Today’s Panic and Greed Index Is 47, With the Level Turning From Panic to Neutrala
Today's panic and greed index is 47 (yesterday was 45), the level of panic has decreased, and the level has changed from panic to neutral.
Note: The panic index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market survey (15%) + bitcoin's proportion in the entire market (10%) + Google keyword analysis (10%).
ether.fi: Will Launch Native Re-staking Tokens on EigenLayer and Implement DAO Governance in March Next Year
October 16th, the non-custodial liquidity staking protocol ether.fi announced its decentralized roadmap on its social platform and will limit its market share. It promises to limit the number of validators and ETH self-restriction to less than 25% on the consensus layer of the protocol.
Status Quo, Challenges and Prospect of Decentralized Social Networks
Three basic features of decentralized social networks include freedom from centralized control, decentralized data storage, and censorship resistance.
Transaction Volume of PancakeSwap V3 Exceeds $850 Million Within 2 Months After Launch on zkSync Era
PancakeSwap announced on X platform that the trading volume of PancakeSwap V3 on zkSync Era has exceeded $850 million within 2 months.
