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Echo Protocol (ECHO), a platform for using BTC in DeFi, announced its closure after failing to recover from an $80 million hack. New deposits and loans are no longer accepted, and interest accrual has stopped.
Borrowers must repay debts by mid-November, or their collateral will be liquidated to repay lenders. Users can still repay debts, withdraw assets and exit positions. The Aptos-to-BΒ² bridge will remain open for aBTC withdrawals.
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In India, the USDT buying premium reached 6.4%, with buyers paying nearly 101 rupees per token instead of the usual 95 rupees per dollar.
The premium reflected high local demand, limited USDT supply, and exchange costs, with a 6,000-rupee overpayment on a 100,000-rupee purchase.
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The premium reflected high local demand, limited USDT supply, and exchange costs, with a 6,000-rupee overpayment on a 100,000-rupee purchase.
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SkyAI, formerly Sharps Technology, sold all its SOL after ranking among the top five public holders in September, with over 2 million SOL. As of October 16, it held $223.8 million in cash.
It plans to buy back up to 95% of shares and warrants at $3 each, spending about $201 million. If fully accepted, about $22.5 million would remain. The SOL price condition above $100 was removed.
SkyAI still wants to build a Solana stablecoin and AI financial platform, but gave no timeline or details.
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Tesla is accepting deposits of up to $250,000 for its new Roadster, recently shown performing aerial stunts. The company does not guarantee delivery timing, or even that the car will be delivered.
The agreement says the money only secures an approximate place in the order queue. The final price is unknown, but the deposit is fully refundable if canceled before configuration. A quarter-million for βweβll let you know.β π
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One casino was not enough.
PumpFun launched trading in PreStocks, tokens tied to shares of major private companies not yet listed on an exchange. Speculation now extends to assets unavailable on regular stock markets.
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PumpFun launched trading in PreStocks, tokens tied to shares of major private companies not yet listed on an exchange. Speculation now extends to assets unavailable on regular stock markets.
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