| FTX has contacted over 75 bidders since May to assess the possibility of restarting the exchange; G20 plans to automatically exchange information on cryptocurrency transactions between countries (September 12th)
Headline
According to "Fortune" magazine, a stakeholder briefing released on Monday stated that FTX has contacted at least 75 bidders since May 2023 to evaluate the possibility of restarting the exchange. According to the filing documents, the bidding deadline for FTX 2.0 is September 24th. The process is designed to consider different potential structures, including acquisitions, mergers, capital reorganizations, or other transactions, to restart FTX.com or FTX US exchange.
Industry News
G20 member leaders recently held a summit in New Delhi, India, and reached a consensus on the rapid implementation of a cross-border framework for cryptocurrencies. This framework will facilitate global information exchange on cryptocurrencies starting from 2027, and countries will automatically exchange crypto transaction information between different jurisdictions each year, including transactions conducted on unregulated cryptocurrency exchanges and wallet providers.
According to the consensus statement reached at the summit, the Global Forum on Transparency and Exchange of Information for Tax Purposes will establish an appropriate and coordinated timetable, determined by relevant jurisdictions, which will affect countries including Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the United States, and the European Union, among others.
FTX position update: SOL has the largest proportion, followed by BTC, ETH, APT, XRP, BIT, etc.
FTX creditor @sunil_trades announced an updated FTX shareholder report on the X platform on September 11th.
The report indicates that, based on the market price on August 31st, FTX (including FTX.com, FTX.US, Alameda) holds approximately $3.4 billion worth of crypto assets. In order of position value, they are:
1. SOL, with a position value of approximately $1.162 billion;
2. BTC, with a position value of approximately $560 million;
3. ETH, with a position value of approximately $192 million;
4. APT, with a position value of approximately $137 million;
5. USDT, with a position value of approximately $120 million;
6. XRP, with a position value of approximately $119 million;
7. BIT, with a position value of approximately $49 million;
8. STG, with a position value of approximately $46 million;
9. WBTC, with a position value of approximately $41 million;
10. WETH, with a position value of approximately $37 million.
The above top 10 coins account for 72% of FTX's total crypto asset holdings, while the remaining 28% of the holdings are composed of over 400 other tokens.
Data Changes
According to OKX market, BTC broke below 25000 USDT, the current price is 24996 USDT, with a 24-hour decrease of 3.25%.
ETH breaks below 1600 USDT, with a 24-hour decrease of 1.95%
OKX market shows that ETH broke below 1600 USDT, the current price is 1594 USDT, with a 24-hour decrease of 1.95%.
According to Coinglass data, the total network liquidation in the past hour reached 44,831,700 USD, with long positions liquidating 43,268,700 USD, BTC liquidation at 38,408,300 USD, and ETH liquidation at 2,479,000 USD.
Ethereum network gas fee falls below 10 gwei
Etherscan data shows that the current Ethereum network gas fee has fallen below 10 gwei, temporarily reported at 9 gwei.
Average gas price of Ethereum falls to its early year level, hitting an 8-month low
Glassnode data shows that the average gas price of the Ethereum network (7-day MA) is 19.567 GWEI, reaching its lowest point in 8 months, falling to the level of early this year.
Blockchain data shows that at 1:10:01 am Beijing Time today, there was a transaction on the Bitcoin blockchain with a fee as high as 19.82 BTC (worth nearly 510,000 USD), setting a historical record.
Security Notice
Regarding the incident of a single transaction fee of 19.82 BTC on the Bitcoin blockchain at around 1 a.m. today, Jameson Lopp, Co-founder and Chief Technology Officer of self-custody wallet Casa, stated on Platform X: "This transaction is suspected to be conducted by an exchange or payment company using software with vulnerabilities. They have received and sent over 60,000 transactions from the same address (malpractice), and it is highly likely that they have miscalculated the change output. The address where the fee calculation error occurred has the characteristics of an enterprise hot wallet used only for withdrawals. It seems that from time to time, it receives deposits from an address to replenish the balance."
Pie Shield: Phisher steals 2 CryptoPunks from Vitalik X Account and sells them for 202.5 ETH
According to Pie Shield's monitoring, after Vitalik Buterin's X account was stolen yesterday, the phisher stole 2 CryptoPunks from bokkypoobah.eth and sold them for 202.5 ETH.
The phisher also interacted with a SIM Swap SCAM address, transferring 39.25 ETH to CEX (such as eXch, OKX); the phisher also stole Vitalik #4100 and transferred it to the vitalik.eth address.
Project News
According to official news, the dYdX Foundation has released its semi-annual ecosystem report for 2023. The report states that the activity of the dYdX V3 protocol has remained stable in 2023, with approximately 68,628 new accounts created. The cumulative trading volume has reached 240.5 billion US dollars, with a daily trading volume of 1 billion US dollars. The weekly fee is approximately 1.5 million US dollars, and the number of active users has reached 61,600. In addition, the total trading volume on the dYdX V3 platform recently exceeded 10 trillion US dollars.
According to official news, the LSD stablecoin protocol Prisma Finance recently announced the launch of the Prisma Points System to reward user contributions during the Prisma Guardians launch period.
The Prisma Points measure and focus on the on-chain contributions of early Prisma users. The points will primarily be rewarded to users who open vaults and mint mkUSD, but other contributions to the Prisma ecosystem will also receive rewards.
Starknet bridge user volume surpasses 900,000 with a TVL of over $700 million
Dune data shows that the Starknet bridge user volume has surpassed 900,000, reaching 900,031 at the time of writing.
In addition, the Starknet TVL is 442,910 ETH, equivalent to over $700 million at current prices.
Web3 social application Tip Coin launches Epoch 2 with updated and additional scoring methods
According to official sources, the Web3 social application Tip Coin announced that it has launched Epoch 2 on September 11th at 10:00. Epoch 2 follows a similar token distribution model as Epoch 1, with additional tokens being reserved for the Tip platform. Epoch 2 introduces updates and a new scoring system, where mentions are only valid within 24 hours of the original tweet being posted. This means that users not only need to search for popular tweets but also recent ones.
In addition, there is a maximum limit of 5 original tweets per day, 10 quote retweets per day, and 15 replies per day. The rewards for original tweets are multiplied by 30, quote retweets by 10, and replies by 1. When other users mention $tip in the original tweet, the original tweet author also receives $tip and a rebate.
friend.tech TVL exceeds $20 million
According to DeFiLlama data, the friend.tech total value locked (TVL) has reached $20.27 million dollars.
friend.tech trading volume exceeds 80,000 ETH
Dune data shows that the friend.tech trading volume has reached 82,108.2 ETH, with a cumulative protocol revenue of 3,732.2 ETH and a current total user value of 23,316.64 ETH.
According to DefiLlama data, the friend.tech 24-hour protocol revenue amounts to $929,542.
