🤕 💰Speculators Back Trump After Rally Injury
In today’s edition: 🤝 US Rep Michael Collins and Coinbase Ventures invest in AERO, 🚨 Friend.tech's token hits rock bottom as platform loses momentum, and more!
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How Satoshi Nakamoto and Vitalik Buterin Inspired Key Parts of Celestia
Mustafa Al-Bassam, co-founder of Celestia, shares his most vivid stories of his early days of hacking, the next steps for Celestia, and what he’s cautious about.
Mustafa Al-Bassam was a teenage hacktivist who outsmarted a US government contractor, shamed the Westboro Baptist Church, hacked Sony a record number of times and eventually got arrested—though his 80 transgressions got halved for a funny reason.
At the Modular Summit in Brussels, Laura had a fireside chat with Mustafa to discuss how he went from his teenage years as the head of LulzSec and member of Anonymous to founding Celestia, a project aiming to solve key issues in blockchain scalability by going with a modular approach.
He also discussed data availability sampling, why he believes Celestia has achieved significant product-market fit since its launch, and the three key components of Celestia’s roadmap.
Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform.
What’s Poppin’?
by Sage Young and Sam Sriram
Trump-Themed Tokens Soar, Odds of Election Win Hit 71% on Polymarket
Crypto prediction markets rallied in Trump’s favor after the presidential candidate was injured from a shooting at a rally in Pennsylvania.
Coinbase Ventures and US Representative Michael Collins Scoop Up Aerodrome’s AERO Token
AERO, which is distributed to liquidity providers and can be locked up to give holders governance rights, has seen its price jump nearly 20% in the past seven days to 61.8 cents.
Friend.Tech Token Reaches All-Time Low as Two Other Metrics Plummet
After it dropped plans to launch its own chain, multiple of Friend.tech’s main metrics dropped, while users criticized them for “greed or incompetence.”
Daily Bits… ✍️✍️✍️
⚖️ A Dutch court denied bail to Tornado Cash developer Alexey Pertsev as he prepares to appeal his money laundering conviction for laundering $2.2 billion through the platform.
🗣 US lawmakers urged the government to designate the detention of Binance executive Tigran Gambaryan in Nigeria as a hostage situation and called for his immediate release.
🛡️ The SEC ended a three-year investigation into Hiro Systems, previously known as Blockstack, marking another regulatory victory for the crypto industry.
🔄 Celsius agreed to settle with KeyFi founder Jason Stone, resulting in the transfer of tokens and hundreds of NFTs to Celsius for liquidation over the next year, with Stone receiving up to $800,000 and a rare NFT in return.
🔓 CoinStats revealed that $2.2 million in crypto was stolen in June by “a sophisticated attacker,” believed to be the Lazarus Group.
⛏️ Bitcoin miner Bitfarms scheduled a shareholder meeting on October 29 to address Riot Platforms' attempt to reconstitute its board of directors.
💱 Hong Kong's Financial Services and the Treasury Bureau will soon publish the results of a stablecoin consultation as part of its legislative proposal to regulate stablecoin issuers, following the launch of a stablecoin sandbox in March.
The $$$ Corner…
💰 Token distribution protocol ZAP reached a $100 million valuation after raising $15.1 million in recent funding rounds.
🎮 Pixelverse, after launching a Telegram-based crypto game, secured an additional $2 million in funding, bringing its total funding to $7.5 million.
What Do You Meme?
📈 Your Market Update 📉
BTC is up 3.9%, trading at $62,385
ETH is up 4%, trading at $3,332
BTC dominance: 51.25%
Crypto market cap: $2.4T
*All data as of today, 06:23 am ET. Source: CoinGecko
Recommended Reads
From bridge protocol LI.FI’s blog: With Intents, It’s Solvers All The Way Down
CoinDesk: Conduct Versus Code May Be the Defining Question in Roman Storm Prosecution
Forbes Crypto: Janet Yellen Quietly Admits Serious U.S. Dollar Collapse Fears As Trump Primes Bitcoin For A $4 Trillion Price Surge
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