Binance Will List EigenLayer (EIGEN) with Seed Tag Applied
https://www.binance.com/en/support/announcement/29494a3db1034233b65522b9e122d079

📊 Weekly fee revenue on the Ethereum network has reached $45 million.

This is the highest level since June 10, 2024.

IntoTheBlock:

"While the Bitcoin narrative of 'digital gold' is gaining more attention in traditional finance, Ethereum's growing network activity and price dynamics continue to impress."

📈 For the third consecutive week, there have been inflows into cryptocurrency-based funds.

Last week, amid expectations of continued accommodative monetary policy in the U.S., the inflow amounted to $1.2 billion.

Ethereum broke a streak of 5 negative weeks, recording an inflow of $87 million.

📉 On the night of October 2, the price of Bitcoin dropped to the $60,000 level but soon returned to above $61,000.

✔️ The total liquidation volume over the past 24 hours amounted to $524 million, with $452 million being long positions.

📊 Over the last 24 hours, Bitcoin lost 3.5%, while many altcoins fell by 5-10%. Against this backdrop, the Fear and Greed Index in the crypto market dropped to 42 (fear).

‼️ Binance will add a pop-up risk warning for 10 tokens

Binance has announced that trading the 10 tokens listed below will now be accompanied by a pop-up warning about the risks of trading them for users.

This is due to the fact that over the past year and a half, the teams behind these tokens have significantly deviated from the originally planned tokenomics of their projects, particularly by substantially increasing the token supply.

▫️Travala (AV)
▫️Chiliz (CHZ)
▫️Enjin Coin (ENJ)
▫️IOTA (IOTA)
▫️Lisk (LSK)
▫️Metal DAO (MTL)
▫️Orion (ORN)
▫️Self Chain (SLF)
▫️Solar (SXP)
▫️Vanar Chain (VANRY)

Tokenomics refers to the economic model of a token that considers the interests of project participants, including the team, investors, and users.

Typically, it includes the mechanism and schedule for coin distribution.

📉 Recently launched tokens DOGS, CATI, and HMSTR in the TON ecosystem have dropped by 40–50% over the past month.

🚨 Unusual Exchange Inflows
5,059.58 #BTC ($307,540,114)
aggregated inflows to spot exchanges in an hour

1. Coinbase_prime 2,803 BTC (55%)
2. Coinbase_advanced 2,253 BTC (44%)
3. Gemini 2 BTC (0%)

⚠️ The SEC has filed a notice of appeal against Judge Torres' decision in the case against Ripple, which reduced the company's fine to $125 million.

Ripple CEO Brad Garlinghouse called this move unpromising for the Commission.

👀 Edward Snowden called the Solana blockchain overly centralized.

According to the former CIA employee, Solana centralizes everything. And once a country starts interfering, control over the system will be easily taken away. Bitcoin, on the other hand, is designed with the assumption of a worst-case scenario.

If developers don’t design their service to be decentralized at the protocol level, they will face the same situation as Telegram.

❌ The cryptocurrency exchange Kraken will discontinue support for Monero (XMR) for residents of the European Union.

‼️ Satoshi Nakamoto's Identity Revealed

In a new HBO documentary, *Money Electric: The Bitcoin Mystery*, it is claimed that the true identity of Satoshi Nakamoto has been revealed.

If these findings are widely accepted, they could send shockwaves through global financial markets and even impact the U.S. presidential elections.

The film is set to be released on Tuesday, October 8.

📊 Tron has risen to 9th place by market capitalization, surpassing TON

Cardano is once again outside the Top 10.

✔️ Buterin proposed lowering the minimum staking deposit to 16 or 24 ETH

This is beneficial for staking accessibility and scalability.

Later, the minimum deposit could be reduced to as low as 1 ETH.

💸 Geopolitical tensions and the U.S. presidential elections are driving investors towards gold and Bitcoin as safe-haven assets, JPMorgan analysts note.

In the last quarter, the precious metal has surged in price, reaching nearly $2,700.

Bitcoin could follow a similar trend. However, digital gold is currently showing a negative correlation with the precious metal.

💸 IMF Urges El Salvador to Reconsider Its Stance on Bitcoin

The IMF has called on the government of El Salvador to review its regulation of crypto assets and reduce the use of Bitcoin.

The country holds approximately 5,892 BTC (around $360 million).

🗓 Uptober is still on

CryptoQuant analysts reminded that over the past 6.5 months, the maximum average Bitcoin drop was 10% (excluding August, when the price fell by 22%).

🔽The current drop is 7%.

"Just because Uptober started off poorly doesn’t mean it will end the same way."

Additionally, growth traditionally begins in the second half of the month—starting from the 19th.

⚠️ Coinbase to delist all "non-compliant stablecoins" in the European Union by December 31 — even the largest stablecoin USDT from Tether could be fully banned.

❌ The reason for this is the new regulatory framework for the crypto industry known as MiCA.

Here’s the translation:

‼️ 1.67 million EIGEN tokens stolen by an attacker

The EigenLayer team stated that the incident occurred as a result of an investor's email being hacked, which allowed the attacker to gain access to the assets.

❌ The hacker managed to steal more than 1.67 million EIGEN (around $5.7 million). He later sold them through a DEX, and transferred the obtained stablecoins to a CEX. Some of the funds have already been frozen, according to EigenLayer.

Project representatives emphasized that the incident is not related to vulnerabilities in the protocol, and the investigation is ongoing.

🔐 The largest one-time token unlocks this week: APT, OP, TAIKO, XAI, ADA

The largest linear unlocks: SOL, WLD, TAO, AVAX, SEI, NEAR, DOT, DOGE, SUI, FIL, BEAM

💵 The total value of unlocks in the next 7 days exceeds $451 million.

🥸 Wall Street experts predict that an ETF for the meme token SHIB may be launched in the near future.