Tether has reduced its commercial paper holdings to zero, replacing those holdings with U.S. Treasury bills.

https://tether.to/en/tether-slashes-commercial-paper-to-zero/

Pillow, a Singapore-based crypto investment startup, has raised a $18.1 million Series A.

The funding round was co-led by Accel and Quona Capital with participation from Jump Capital and Elevation Capital.

https://www.coindesk.com/business/2022/10/13/singapore-crypto-investment-startup-pillow-raises-18m-series-a/

Binance Pool is launching a $500 million lending project to support crypto miners and digital infrastructure providers.

https://www.binance.com/en/blog/mining/binance-pool-to-support-btc-mining-industry-with-a-$500m-miner-lending-project-694684880316935062

Here is our Crypto Market Daily Review.

- The market is growing today. Market cap is $971B, Bitcoin is trading at $19.8K.

Dropstab.com

Crypto Daily News.

Highlights:
- BlockTower has announced the launch of a new venture capital arm with a $150M blockchain fund;
- Binance has burnt 2.06M BNB ($547M);
- The Uniswap governance vote passed the necessary 40M votes 'For' the Uniswap V3 launch on zkSync.

Have a nice day! ☀️

Crypto hardware technology startup Fabric Systems has raised $13 million in seed equity funding.

Participating in the round were Metaplanet - the investment vehicle of Skype co-founder Jaan Tallinn – Blockchain.com and 8090 Partners.

https://www.coindesk.com/business/2022/10/13/crypto-startup-fabric-systems-raises-13m-seed-round-to-provide-blockchain-hardware/

Overview of top P2E projects with ROI data.

More P2E projects here: dropstab.com/categories/play-to-earn

UniLend v2 will be launching on Ethereum Testnet on 27th October.

https://twitter.com/UniLend_Finance/status/1580933596080001024

Huobi Eco Chain (HECO) Ecosystem

@icodrops

#HECO #Huobi

https://twitter.com/ICODrops/status/1580970747463610368

Bounce has introduced Bounce V3

Bounce V3 will introduce a new era for Bounce as a multi stage management and logistics platform with an emphasis on personal and project development with tools built for individuals, companies and institutional investors across all realms of defi.

https://bouncefinance.medium.com/introducing-bounce-v3-6d70f5021b6f

Here is our Crypto Market Daily Review.

- The market is neutral. Market cap is $950B, Bitcoin is trading at $19.2K.

Dropstab.com

The hacker of the TempleDAO protocol has moved stolen funds via crypto mixer Tornado Cash

https://www.theblock.co/post/177504/templedao-hacker-moves-funds-via-sanctioned-crypto-mixer-tornado-cash

Crypto Daily News.

Highlights:
- Magic Eden made royalties on collections optional
- Coinbase CEO Brian Armstrong plans to sell 2% of his stake in the company
- Societe Generale will be offering Bitcoin trading and Crypto custody

Have a nice day! ☀️

Our weekly news digest.

Read here👇
https://telegra.ph/ICODROPS-WEEKLY-NEWS-DIGEST-10-17

Binance has launched the Binance CMC Top 10 Equal-Weighted Index.

Each asset in the index is equally weighted and rebalanced on a monthly basis. The first way to purchase digital assets/currencies in this new index will be via Auto-Invest, available from November 2022.

https://www.binance.com/en/ew-index
https://www.binance.com/en/support/announcement/0ece0aaab0b442d293e1be2eae60a19d

Mastercard today introduces Crypto Source, a new program to enable financial institutions to bring secure crypto trading capabilities and services to their customers.

https://www.businesswire.com/news/home/20221017005547/en/Mastercard-to-bring-crypto-trading-capabilities-to-banks

South Korea plans to offer a digital identity secured by blockchain.

Korea will launch digital IDs in 2024 and seeks their adoption by 45 million citizens within two years.

https://www.bloomberg.com/news/articles/2022-10-16/south-korea-aims-to-boost-economy-with-digital-id-on-blockchain

Tapio Protocol raised $4 million in a seed round led by Polychain, Hypersphere and Arrington, in an effort to bring a unified liquidity standard to Polkadot.

Others investors in the round included Spartan, LongHash, 0xVentures, CMS, D1 Ventures, 11-11 DG Partners, Genlock, Valhalla, PAKA, and Double Peak, according to an announcement.

Tapio is a synthetic asset protocol that aims to promote staking and crowd-loan derivatives efficiency on the blockchain protocol Polkadot.

https://www.theblock.co/post/177576/polkadot-synthetic-asset-protocol-tapio-raises-4-million-from-polychain-and-others

Ripple Begins Testing XRP Ledger Sidechain That’s Compatible With Ethereum Smart Contracts

https://www.coindesk.com/tech/2022/10/17/ripple-begins-testing-xrp-ledger-sidechain-thats-compatible-with-ethereum-smart-contracts/

Binance and FTX will list Aptos (APT) and will open trading at 2022-10-19 01:00 UTC.

https://www.binance.com/en/support/announcement/1139c7e87dd84664abb62f73c5e1dea2
https://help.ftx.com/hc/en-us/articles/10138537356180

Here is our Crypto Market Daily Review.

- The market is growing. Market cap is $964B, Bitcoin is trading at $19.5K.

Dropstab.com