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

Crypto Daily News.

Highlights:
- Aptos Labs launched the mainnet "Aptos Autumn".
- US is investigating bankrupt crypto hedge fund Three Arrows Capital.
- Binance to launch cloud mining products in November.

Have a nice day! ☀️

CFTC and SEC are probing a bankrupt crypto hedge fund Three Arrows Capital.

US regulators are now looking into whether the money manager violated rules by misleading investors about the strength of its balance sheet and not registering with the agencies, according to two people familiar with the matter.

https://www.bloomberg.com/news/articles/2022-10-17/us-investigating-bankrupt-crypto-hedge-fund-three-arrows-capital

Binance plans to begin offering a crypto cloud mining product next month.

https://www.coindesk.com/business/2022/10/17/binance-to-launch-cloud-mining-business-in-november/