The Block
Quick Take TON blockchain’s growth, alongside its integration with Telegram, is changing the narrative on mass adoption, according to Midas CEO Dennis Dinkelmeyer. Over the past year, TON blockchain has grown to surpass 11 million monthly active wallets, with daily transaction volume growing twelvefold.
Quick Take Ethereum tends to lag behind bitcoin in terms of price performance in October. However, analysts cite derivatives market indicators showing near-term optimism for the digital asset.
Quick Take Tigran Gambaryan is constantly getting respiratory infections and needs to get his tonsils removed, his wife, Yuki Gambaryan, said in a podcast released on Tuesday. Yuki Gambaryan said the U.S. State Department needs to step in. U.S. House pushing for Gambaryan’s release through a resolution.
The world’s largest cryptocurrency rose beyond the $66,000 mark at one stage today before dipping.Traders are also keeping tabs on Mt. Gox’s transfers of billions of dollars worth of bitcoin ahead of its payouts.
Quick Take In a recent interview, Donald Trump said the country needs to take the lead in cryptocurrency before China. The former U.S. President also teased his plan to launch a fourth line of NFTs.
Quick Take Pike Finance’s token generation event took place on Monday with an initial liquidity of only $10,000. Early investors complained as the lack of initial liquidity saw the value of the token drop significantly.
Quick Take Vitalik Buterin said he supports the existence of a Hezbollah betting section on the predictions platform Polymarket, despite community concerns. Buterin was among the participants in Polymarket’s $45 million Series B funding round.
Quick Take Jesse Pollak, protocols lead at Coinbase, is stepping up to head the crypto exchange’s web3 non-custodial Coinbase Wallet. Pollak, currently leading the development of the Ethereum Layer 2 network Base, is also joining Coinbase’s executive team.
Cypherpunk Holdings “significantly” increased its solana holdings, the company disclosed Tuesday.It now holds 63,000 SOL worth around $14 million — up from its initial $1 million investment.The firm is also running its own Solana validator and staking a majority of its tokens using its own node.
Quick Take According to a Monday filing, about 94.48% of creditors in the “dotcom customer entitlement claims” class who returned ballots voted in favor of the plan. The reorganization plan’s confirmation hearing is scheduled for Oct. 7.
