Terra's Do Kwon reveals why he cannot disclose his location.
Do Kwon refused to confirm his whereabouts due to possible threats to his personal security.
https://www.cryptopolitan.com/terra-do-kwon-cannot-disclose-his-location/
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Do Kwon refused to confirm his whereabouts due to possible threats to his personal security.
https://www.cryptopolitan.com/terra-do-kwon-cannot-disclose-his-location/
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Cryptopolitan
Terra’s Do Kwon reveals why he cannot disclose his location – Cryptopolitan
In an interview published today, the founder of collapsed Terraform project, Do Kwon, finally revealed the reason why he cannot admit his location. For months now, South Korean authorities have been pursuing Kwon with charges related to the collapse of Terra…
Aptos, an L1 blockchain backed by a16z and FTX, is off to a slow start.
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The Aptos Foundation has provided early network participants with APT tokens.
In total, 20,076,150 APT tokens will be airdropped to 110,235 participants.
Users who completed an application for an Aptos Incentivized Testnet (300 APT) or minted an APTOS:ZERO testnet NFT (150 APT) are eligible to claim Aptos tokens.
That's $2400 and $1200 in dollar value. Not bad in this market.
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In total, 20,076,150 APT tokens will be airdropped to 110,235 participants.
Users who completed an application for an Aptos Incentivized Testnet (300 APT) or minted an APTOS:ZERO testnet NFT (150 APT) are eligible to claim Aptos tokens.
That's $2400 and $1200 in dollar value. Not bad in this market.
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Shopify teams up with Novel to provide a Web3 app:
Shopify mentioned that merchants onboarded on the Web3 platform do not need any background technical knowledge or other commitments to access it. The first primary usage of the application is for minting and distribution, while the other will be utilized. The first usage will allow users to create a new NFT art from scratch or upload one to the platform.
The Novel will also be able to create smart contracts across the platform, making it easy for users to make purchases on the new app. If a user purchases an NFT, Novel oversees every other detail, including currency bridge and making wallets where the NFT will be deposited. In utility usage, the merchants on the platform will be allowed to enable utility across tokens in their store on the app.
https://www.cryptopolitan.com/shopify-unveils-web3-experience-merchants/
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Shopify mentioned that merchants onboarded on the Web3 platform do not need any background technical knowledge or other commitments to access it. The first primary usage of the application is for minting and distribution, while the other will be utilized. The first usage will allow users to create a new NFT art from scratch or upload one to the platform.
The Novel will also be able to create smart contracts across the platform, making it easy for users to make purchases on the new app. If a user purchases an NFT, Novel oversees every other detail, including currency bridge and making wallets where the NFT will be deposited. In utility usage, the merchants on the platform will be allowed to enable utility across tokens in their store on the app.
https://www.cryptopolitan.com/shopify-unveils-web3-experience-merchants/
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Cryptopolitan
Shopify unveils new Web3 experience for merchants – Cryptopolitan
Shopify has announced that it will bring merchants closer to the Web3 experience via its partnership with Novel. The e-commerce platform mentioned that it plans to make the ecosystem accessible for merchants across the globe. The Novel is a commerce platform…
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21,543,000 $AXS($233M) will be unlocked in 5 days (October 25th).
It should be noted that Advisors will unlock 2,501,750 $AXS ($27M), and Private Sale will unlock 1,997,500 $AXS ($21.6M).
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It should be noted that Advisors will unlock 2,501,750 $AXS ($27M), and Private Sale will unlock 1,997,500 $AXS ($21.6M).
📍 Follow @Coins for the hottest news in crypto.
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Brazil's largest digital bank Nubank will launch its own cryptocurrency Nucoin with Polygon in the first half of next year.
https://twitter.com/wublockchain/status/1582710267107942402
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https://twitter.com/wublockchain/status/1582710267107942402
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Twitter
According to portaldobitcoin, Brazil's largest digital bank Nubank, with 70 million users, will launch its own cryptocurrency Nucoin with polygon in the first half of next year. In June, the bank started selling bitcoin and eth on the app. @saorihonorato…
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Tesla didn't sell none of their 10,700 bitcoins in Q3, 2022.
https://twitter.com/bitcoinmagazine/status/1582826234412642304
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https://twitter.com/bitcoinmagazine/status/1582826234412642304
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Twitter
💥 Tesla didn't sell any #bitcoin in Q3, 2022
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Blur is a marketplace (like OS) and an Aggregator (like Gem). Backed by Paradigm.
Blur confirmed Airdrop for OpenSea/NFT users.
If you did any transactions on OpenSea, LooksRare, Sudo, X2Y2, and aggregators. You are more likely to receive airdrop.
Head to https://blur.io/airdrop, connect your wallet and check if you received airdrop.
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Blur confirmed Airdrop for OpenSea/NFT users.
If you did any transactions on OpenSea, LooksRare, Sudo, X2Y2, and aggregators. You are more likely to receive airdrop.
Head to https://blur.io/airdrop, connect your wallet and check if you received airdrop.
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blur.io
Fastest NFT Marketplace for Pro Traders
Sweep NFTs across multiple marketplaces, snipe reveals faster than others, and manage your portfolio with advanced analytics. Zero fees.
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JPMorgan hired Celsius' former head of policy and regulatory affairs to be its executive director for digital assets regulatory policy.
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📍 Follow @Coins for the hottest news in crypto.
ETH Deposited in Tornado Cash Declines by 60% After OFAC Sanctions
Tornado Cash is an open-source crypto mixer that enhances on-chain privacy on EVM-compatible networks. On Aug. 8, the Office of Foreign Assets Control (OFAC) imposed sanctions on the protocol.
As a result of the sanctions, ETH deposited in Tornado Cash has declined almost 60% from 224K ETH on the day before sanctions were announced to 91K ETH today. Unique depositors have also declined from 700-800 previously to under 100 currently.
The protocol uses multiple smart contracts that accept different quantities of ETH and ERC-20 deposits. Users can withdraw these deposits to different addresses at a later point. By using zero-knowledge proofs, the protocol breaks the link between the sender and the recipient.
Tornado Cash has been often used by hackers who use the service to erase on-chain links that can be traced to their real-world identity.
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Tornado Cash is an open-source crypto mixer that enhances on-chain privacy on EVM-compatible networks. On Aug. 8, the Office of Foreign Assets Control (OFAC) imposed sanctions on the protocol.
As a result of the sanctions, ETH deposited in Tornado Cash has declined almost 60% from 224K ETH on the day before sanctions were announced to 91K ETH today. Unique depositors have also declined from 700-800 previously to under 100 currently.
The protocol uses multiple smart contracts that accept different quantities of ETH and ERC-20 deposits. Users can withdraw these deposits to different addresses at a later point. By using zero-knowledge proofs, the protocol breaks the link between the sender and the recipient.
Tornado Cash has been often used by hackers who use the service to erase on-chain links that can be traced to their real-world identity.
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South Africa classifies cryptocurrency as financial instrument
https://www.cryptopolitan.com/south-africa-regulates-the-crypto-industry
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https://www.cryptopolitan.com/south-africa-regulates-the-crypto-industry
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Cryptopolitan
South Africa classifies cryptocurrency as financial instrument – Cryptopolitan
Several nations are working on crypto regulatory frameworks. Some have succeeded, others have failed, and South Africa is one of the successful ones. In South Africa, crypto assets will be treated as financial products moving forward. This will make it simpler…
On Oct. 19, Kraken, the second largest exchange in the US, sent out email statements to its Russian clients to announce that the exchange is halting services to its Russian customers.
“Due to the new European legislation, we have to take measures to restrict your Kraken account. We will update our support center if there are any changes,” Kraken noted, adding: “We apologize for the inconvenience caused.”
https://cointelegraph.com/news/kraken-crypto-exchange-is-next-to-close-doors-to-russian-users
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“Due to the new European legislation, we have to take measures to restrict your Kraken account. We will update our support center if there are any changes,” Kraken noted, adding: “We apologize for the inconvenience caused.”
https://cointelegraph.com/news/kraken-crypto-exchange-is-next-to-close-doors-to-russian-users
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Cointelegraph
Kraken crypto exchange is next to close doors to Russian users
Crypto exchange Kraken is restricting accounts of Russian users on its platform, joining firms like Blockchain.com, Crypto.com and LocalBitcoins.
PancakeSwap eyes Aptos following Ethereum integration.
The team intends to deploy four of its main features — swaps, farms, pools and initial farm offerings.
This will also involve creating a native version of the CAKE token on Aptos, which will be the first native CAKE token on another blockchain.
https://www.theblock.co/post/178602/pancakeswap-eyes-aptos-following-ethereum-integration
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The team intends to deploy four of its main features — swaps, farms, pools and initial farm offerings.
This will also involve creating a native version of the CAKE token on Aptos, which will be the first native CAKE token on another blockchain.
https://www.theblock.co/post/178602/pancakeswap-eyes-aptos-following-ethereum-integration
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The Block
PancakeSwap eyes Aptos following Ethereum integration
BNB Chain’s popular decentralized exchange PancakeSwap is looking at expanding to Aptos, just weeks after it extended to Ethereum.
Metamask announced the public beta launch of the MetaMask SDK: a set of simple, reliable, and secure tools that make it easier to connect your dapp to a 🦊 wallet no matter the platform or environment.
https://twitter.com/metamaskdev/status/1582778290179567616
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https://twitter.com/metamaskdev/status/1582778290179567616
📍 Follow @Coins for the hottest news in crypto.
Twitter
Hi Devs!
We’d like to announce the public beta launch of the @MetaMask SDK: a set of simple, reliable, and secure tools that make it easier to connect your dapp to a 🦊 wallet no matter the platform or environment. https://t.co/A5ygsZEnAE
We’d like to announce the public beta launch of the @MetaMask SDK: a set of simple, reliable, and secure tools that make it easier to connect your dapp to a 🦊 wallet no matter the platform or environment. https://t.co/A5ygsZEnAE
Looking to the stars: The Luna Foundation is wishing upon a star that their new plan to revive the network is taken seriously.
Luna developers have put in place a 4 year plan to revive the ecosystem dubbed the ‘Terra Expedition’, with developer incentivization at the core of the proposal. If the community votes in favor, the incentivization program will be managed by an elected committee and have 20m LUNA tokens available for developers.
It might not be all that easy to convince the market. While the incentive program is pretty attractive, developers would be taking a risk creating their platform on a network which has collapsed in the past. The tokens of both Luna Classic and the original Luna have
been trending downwards the last few weeks despite getting a rush of attention in September.
The worst is still not over for Luna’s founder, Do Kwon. Aside from his entire project collapsing in a multi-billion dollar disaster, South Korean authorities have nullified his passport and Interpol has issued a red notice for his arrest. If unsuccessful, the revival plan could end up just digging him a deeper hole.
Source: TradingView.
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Luna developers have put in place a 4 year plan to revive the ecosystem dubbed the ‘Terra Expedition’, with developer incentivization at the core of the proposal. If the community votes in favor, the incentivization program will be managed by an elected committee and have 20m LUNA tokens available for developers.
It might not be all that easy to convince the market. While the incentive program is pretty attractive, developers would be taking a risk creating their platform on a network which has collapsed in the past. The tokens of both Luna Classic and the original Luna have
been trending downwards the last few weeks despite getting a rush of attention in September.
The worst is still not over for Luna’s founder, Do Kwon. Aside from his entire project collapsing in a multi-billion dollar disaster, South Korean authorities have nullified his passport and Interpol has issued a red notice for his arrest. If unsuccessful, the revival plan could end up just digging him a deeper hole.
Source: TradingView.
📍 Follow @Coins for the hottest news in crypto.
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Fidelity will allow institutions to buy, sell, and trade Ethereum on its crypto platform starting Oct 28.
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📍 Follow @Coins for the hottest news in crypto.
Reddit now has more NFT wallets than OpenSea.
The Polygon integration for Reddit collectibles has routed to over 3 million Reddit Vault wallets.
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The Polygon integration for Reddit collectibles has routed to over 3 million Reddit Vault wallets.
📍 Follow @Coins for the hottest news in crypto.
Binance.US announced the appointment of former Federal Bureau of Investigation agent, BJ Kang, as the company’s first Head of Investigations.
https://blog.binance.us/former-fbi-joins-binance-us/
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https://blog.binance.us/former-fbi-joins-binance-us/
📍 Follow @Coins for the hottest news in crypto.
USDC adoption is lagging outside of the United States.
Currently, 3x more USDC is bought with USD versus non-USD currencies. In part this is because, outside of the US, users usually have to pay fees in the process of converting their local currency into USDC, and this is a barrier to broader international adoption.
https://cointelegraph.com/news/usdc-adoption-is-lagging-outside-of-the-united-states-coinbase
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Currently, 3x more USDC is bought with USD versus non-USD currencies. In part this is because, outside of the US, users usually have to pay fees in the process of converting their local currency into USDC, and this is a barrier to broader international adoption.
https://cointelegraph.com/news/usdc-adoption-is-lagging-outside-of-the-united-states-coinbase
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Cointelegraph
USDC adoption is lagging outside of the United States: Coinbase
According to Coinbase, USDC has seen “conservative” adoption outside the US and the exchange is building more on-ramps for users to access the U.S. dollar-pegged cryptocurrency.
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