GM anon ☕🐺

In today’s Alpha Bytes👇

FTX creditors will receive only 10-25% of their crypto back, and FTX's reorganization plan gains support from over 94% of Dotcom voting creditors. Trump says the whitelist is now open for World Liberty Financial. Binance to list EigenLayer (EIGEN) with Seed Tag Applied. Gemini to close all customer accounts in Canada. Arbitrum One surpasses 1B transactions since launch.

BTC $63,945 (-0.89%), ETH $2,648 (+0.36%), SOL $156.38 (-0.49%)

Crypto News 📰

• EigenLayer token trades on exchanges at $7B FDV as transfer restrictions lift

• Bitcoin’s link to Ishiba-led swoon in Nikkei comes into question as Yen declines

• Japan’s Metaplanet buys additional $6.9M in bitcoin, bringing total holdings to $32 million

• Coin Center Executive Director Jerry Brito plans to depart the organization at the end of the year

• Bitcoin miner CleanSpark restores 200MW in the wake of Hurricane Helene

• Polymarket bettors set to lose Eigen airdrop wager by one minute over time zone technicality

• Paxos Gold's $500M milestone highlights increasing TradFi interest in gold-backed crypto

• Ethereum Foundation has sold over $10M worth of ether this year

• Australian bank ANZ joins Monetary Authority of Singapore-led Project Guardian

• South Korean crypto exchange Bithumb considers Nasdaq listing

• China’s former vice finance minister calls for deeper study of crypto amid global policy shifts

• Matrixport acquires Swiss firm Crypto Finance (Asset Management) AG to expand in Europe

• Base creator Jesse Pollak to join Coinbase exec team and lead wallet charge

• Judge axes class action claiming Iris Energy misled investors during IPO

• SEC wins case against defunct crypto firm over $18M ICO

• Ohio to consider accepting crypto for tax payments and fees

• Hong Kong’s ZA Bank becomes first virtual bank to get SFC license

• FTX Token spikes 70% amid looming bankruptcy distributions

• Chinese stocks surge 8.5% in best day since 2008

Project Updates 🔥 

• ZAP.TECH ⚡️ is a multichain token distribution protocol with 3 core products: 💧 DROPS- 🧪 LABS- 🚀 LAUNCH

• Toncoin nears a dreaded pattern despite strong on-chain metrics

• Spot and perps DEX named Ethereal proposed to be built on Ethena Network

• Zilliqa announces permanent fix after latest bug halts block production

• Pump.fun is riding high again thanks to Moo Deng

• TRON DAO completes security assessment conducted by ChainSecurity, strengthening network integrity

• Magic Eden Wallet to simulate ME airdrop in October

• Bybit conducts WSOT 2024 Livestream with former champions, giveaways

• Hamster Kombat down 59% after airdrop

• Manta Network launches 4-year Gas Gain program

• Coinbase to add proof of reserves to Bitcoin wrapper cbBTC

• Onyx to shutdown Ethereum-based lending market, relaunch Onyx Core

• Hive Digital expands focus from crypto mining to AI data centers

• These 3 PolitiFi meme coins see huge gains as the US elections near

• TON blockchain captured 50% of Layer-1 transactions amid major token listings

• China stimulus rockets

• BTC dominance dropping

• The Pudgy Arcade is here

Threads 🧵 

• Hypurrcollective weekly updates volume 11

• Revolution to the next stage of Web3

• How Monad revolutionizes EVM transaction processing

• How LCR technology is revolutionizing the AI industry

• Liquidity ascends from the east

• Kaito introduces KOL mindshare

• Top 7 token unlocks of the upcoming week

• Bybit potentially listing Moodeng

• Digital asset fund flows weekly report

• Spot volumes on Coinbase and Binance are at the lowest levels

Launches 🚀

• Vitalik Buterin launches an experiment on network state ideology

• Hinkal launches a shared privacy solution for cross-chain privacy

• Hermetica launches Bitcoin-backed stablecoin USDh on the Stacks L2 network.

• Ocean launches decentralized mining protocol Datum

• PizzaSwap launches on Fractal Bitcoin, enabling trading and liquidity management.

• Sui Bridge launches on the mainnet, supporting ETH and WETH transfers.

Fundraise 💰

• RD Technologies secures $7.8M in Series A1 funding.

• Syrupal Protocol secures $3.75M in seed funding; valuation hits $25 million.

• SoftBank Vision Fund invests $500M in OpenAI's latest funding round.

• @SecondLiveReal raised $12M in a private funding round

The Coiners Live Streams💻

• Bitcoin’s key support level + altcoins to buy on the dip

The Coiners Community🌐

• September recap

• Catalysts for the week (Monday - September 30th)

That's a wrap for today!

Join the Crypto Pragmatist YouTube channel and enjoy the journey into the depths of the crypto world 👇