What Happened in the Market of the Week September 30–October 6
Project news
The Eigenlayer crypto project team has completedthe second distribution of EIGEN tokens. The community initially criticized the project's airdrop — users were outraged by the conditions of the coin distribution. After the listing and the start of trading, the situation did not change: Eigen Labs was accused of insufficient transparency in matters related to EIGEN staking.
The X Empire tapalka with Elon Musk as the main character has completed the mining phase and is preparing for the launch of the token and the airdrop.
The developers of Blum, one of the leading clicker games on Telegram, shared their long-term plans for the development of the project.
The developers of the tapping game Moonbix from Binance have announced plans to pay playersrewards in the form of tokens. Players were asked to choose which coins they would like to receive payments in.
The crypto community is criticizing the crypto project World Liberty Financial, which is linked to Donald Trump's election campaign. The project has been called a possible scam and an attempt to enrich the Trump family.
Cryptocurrency Exchange News
Binance exchange will add risk warning pop-ups for a number of tokens that have significantly changed tokenomics over the past 18 months.
Binance has assigned “monitoring tags” to five altcoins, which now risk being delisted from the platform.
Kraken has delisted the Monero (XMR) token. The coin is no longer available for trading in the European Economic Area due to regulatory changes.
Coinbase Global Inc. has announced plans to remove all stablecoins that do not comply with new EU regulations from its platform by the end of 2024. Tether has not yet received a license to operate in Europe.
Regulatory news
The U.S. Securities and Exchange Commission (SEC) has appealed a previous court ruling in the Ripple crypto project case. The commissioners believe the court's decision is contrary to multiple precedents and securities laws.
- Digital asset manager Bitwise has filed to launch a spot exchange-traded fund (ETF) based on Ripple (XRP)
- The start of payments to creditors affected by the FTX bankruptcy is postponed until the restructuring plan is approved.
Other crypto market news of the week
Documentary filmmaker Cullen Hoback has announced a film that could reveal the identity of Bitcoin creator Satoshi Nakamoto. The film will be released on HBO on October 8.
Changpeng Zhao (CZ) has revealed what he will do after being released from prison.
Luxury carmaker Lamborghini is developing a Web3 platform called Fast ForWorld that will allow the company's models to be used in a blockchain game
BlackRock and Fidelity's BTC ETFs Are Among the TopLargest Crypto Funds of the Decade
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