What Happened on Oct. 24th|FTX to Compensate Phishing Victims Up to $6M

TI Research

On October 24th, FTX will provide a one-time compensation of about $6 million to accounts affected by the phishing incident. PancakeSwap will deploy on Aptos. QiDao said the suspicious transactions monitored by PeckShield are unrelated to QiDao contracts. QuickSwap temporarily shut down the lending marketplace after losing $220,000 due to a flash loans attack. Yuga Labs co-founder said Otherside Metaverse The Persistent World is expected to launch in 2023.

DeFi

  • QuickSwap temporarily shut down the lending marketplace after losing $220,000 due to a flash loans attack. Source
  • Crust Network won Polkadot's 30th parachain auction. Source
  • QiDao: the suspicious transactions monitored by PeckShield are not related to QiDao contracts. Source
  • PancakeSwap will deploy on Aptos. Source
  • Angle Protocol's Euro stablecoin $agEUR is live on Avalanche and BNB Chain. Source
  • Aave-based flashlend market Flaave goes live. Source
  • Juno halves $JUNO inflation. Source
  • Klaytn Foundation announces a $KLAY buyback is in progress. Source

CeFi

  • Robinhood lists $AAVE and $XTZ. Source
  • PayPal has filed a blockchain-related trademark application. Source
  • FTX will provide a one-time compensation of about $6 million to accounts affected by the phishing incident. Source
  • Crypto.com will migrate to GEN 3.0 on November 1st. Source
  • Crypto staking platform Freeway halts withdrawals, citing market volatility. Source
  • Binance publishes crypto security tips. Source

Infrastructure

  • Aptos-based wallet Rise goes live. Source

Policy & Regulation

  • South Korean regulator plans to look at stablecoins' role in money laundering. Source
  • SEC asks court to deny Ripple motion for summary judgment in $XRP lawsuit. Source

Metaverse & NFTs

  • Yuga Labs co-founder: Otherside Metaverse The Persistent World is expected to launch in 2023. Source

Funding

  • Web3 publishing platform Paragraph closed a $1.7 million round of funding with participation from FTX Ventures, Binance Labs, and others. Source
  • Crypto compliance platform Sealance closed a seed round of funding with participation from Coinbase Ventures, and others. Source
  • Crypto exchange Bit2Me acquires blockchain software development company Dekalabs. Source

DeFi

Ethereum

NFT

Exchanges

SBF

FTX

Binance

Fund Raising

Public Chain

Security Incidents

Metaverse

Aptos

Coinbase Ventures

Stablecoins

Lending

TI Research

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