Crypto news for the week of October 7, 2024: Coin Hebdo #161

Le Coin Hebdo is the essential meeting place to stay informed about the week’s Crypto, NFT, DeFi and GameFi news! πŸ“°

HBO reveals the identity of Satoshi Nakamoto, the creator of Bitcoin?

Documentary film “Money Electric: The Mystery of Bitcoin” broadcast further HBO claims that Peter Toddan influential developer in the Bitcoin community, could be Satoshi Nakamotothe mysterious creator of Bitcoin.

However, Todd quickly denied the allegation on social media before the documentary aired. Film, direction Cullen Hobackpresents several clues linking Todd to Nakamoto, including exchanges on Bitcointalk and promoting the replacement function with a fee (RBF). Despite these revelations, the crypto community remains skeptical and the mystery surrounding Satoshi’s identity remains.

Since disappearing Satoshi Nakamoto in 2010, his identity is one of the most discussed topics in the community bitcoin. Although several theories have emerged, no conclusive evidence has been provided. The document is rekindling the debate, but many believe the elements presented are insufficient.

Optimism Airdrop 5: Find out how to get your chips

Optimism started his fifth Airbornedistributing 10.3 million tokens OPcosts approx 16 million dollarshas 54,700 addresses after interacting with Super chain between March and September 2024.

Eligible users are users who have interacted with at least 20 smart contracts across different chains in the ecosystem, with additional rewards for those who delegate OP tokens or interact with seven or more chains.

Participants have until February 13, 2025 For claim their tokens through the official website optimism.

πŸ‘‰ To claim your tokens, go to the Optimism website

This initiative is part of a series of airdrops that Optimism has launched since 2022 to reward its most active users and support the growth of the ecosystem. Call. By offering these distributions, Optimism aims to increase the adoption of its solutions layer 2and at the same time stimulates user participation in the management and development of its decentralized network.

Uniswap Labs unveils its own Layer 2 Unichain

Uniswap Labs launched Unichainblockchain layer 2 based on technology OPStack optimism, offer faster transactions AND cheaper while improving liquidity its DeFi platform.

This project is part of a network Superchain optimism and base.

This Layer 2 proposes to generate new blocks in 200 to 250 milliseconds, compared to 12 seconds on Ethereum, thus limiting MEV’s capabilities.

Unichain aims to reduce transaction costs while strengthening security thanks to the secure execution environment (TEE) and a decentralized verification network planned for 2025.

Unichain will also allow betting using chips UNITED earn income generated by the network sequencer(s), thereby significantly increasing the utility of the UNI token.

The unichain plan

Uniswap is trying to position itself as a major hub Callable to connect to multiple chains while taking advantage of the technological and economic benefits of the ecosystem Optimism.

It can be noted that contrary to what many people think, Unichain will not be limited to hosting the Uniswap application, developers will also be able to host their applications on its network.

uniswap more than appchain

NexFundAI token : FBI Launches Token to Catch and Charge Market Manipulators

THE FBI has officially infiltrated the cryptocurrency world by creating a fake token, the “NexFundAI Token” with the aim of catching companies involved in market manipulation to enrich themselves.

This operation led to the indictment of several companies, including Gotbit AND ZM quantaccused of artificially inflating the prices and trading volumes of certain tokens such as Saitama AND Robo Inuto mislead investors. These companies used illegal practices “market making” attract new investors by distorting the apparent demand for these cryptocurrencies.

Baijun OuANDRuiqi Liualong with two other unnamed accomplices, allegedly manipulated the trading volume and prices of several cryptocurrencies, taking advantage of market volatility to enrich themselves. ZM Quant allegedly offered illegal services to its clients, helping them artificially inflate cryptocurrency prices using fraudulent market-making strategies.

zm quant tango down

An example of these illegal practices involves the tokenSaitamathe price of which would be increased due to coordinated manipulation through a private Telegram group by the party ZM quant. The company allowed fraudsters to increase the trading volume of the token on platforms likeBitMartthereby creating the illusion of increased demand to attract new investors.

on his part, Gotbit he was accused of having manipulated the volume token exchange Robo Inuso it climbs on 1 million dollars. This fraudulent strategy was intended to make the token more attractive and credible in the eyes of investors, thereby masking its true value and lack of liquidity.

This initiative in collaboration with other agencies, e.g DRY and federal prosecutors helped unravel a complex web of fraud. Through messaging platforms such as Telegramfraudsters coordinated their actions to create the illusion of increased demand.

fbi prison crypto scam

MicroStrategy to become first $1 trillion bitcoin bank, says Saylor

MicroStrategyunder the leadership Michael Sayloraims to become the first major “bitcoin bank” by massive accumulation BTC and focus on its long-term growth.

The company already has 252,220 of them bitcoinsworth more than 15 billion dollarsand plans to borrow at low rates to invest more in this asset.

Mr Saylor believes this strategy could value the company at more than 1 trillion dollarstaking advantage of the exponential growth in the price of Bitcoin.

Saylor’s vision is based on the idea that bitcoin is the world’s most valuable asset with huge growth potential. It predicts that the price BTC could reach millions of dollars, which would be transformative MicroStrategy become a major player in the bitcoin financial markets. By combining financial instruments and low-cost debt, the company positions itself in a unique, hard-to-replicate way and reinforces its central role in the ecosystem. bitcoin.

microstrategic bull

Hyperliquid DEX temporarily locked its bridge to Arbitrum on Monday

DEX Hyperliquid temporarily closed hers must to Arbitration tracking erroneous call data RPCcausing a loss of synchronization between Arbitration & Ethereum.

The safety mechanism immediately triggered the closure of the bridge to protect the users’ assets. Although the incident lasted approximately four hours, no funds were compromised.

Hyperliquidexplained that this incident was caused by aa rare technical anomaly. One of the pseudonymous developers of the project,iliensinclisted on Contention that a set of RPC servers, computers used to connect users and applications to blockchain networks, were providing inconsistent data.

This incident, considered a false positivewas caused inconsistent data of several RPC. Although multiple endpoints rarely sync on stale data, this was enough to activate the lock. Hyperliquid confirmed that there will be infrastructure improvements RPC to avoid such anomalies in the future without jeopardizing the safety of users.

πŸ‘‰ More information

News in brief

  • Caroline Ellison, Alameda’s former CEO, agrees to sell nearly all of its assets
  • XRP: Ripple improves its escrow solution by introducing tokenization of real assets
  • Users in 70 countries have already adopted Stripe’s new USDC payment feature

The article Crypto news for the week of October 7, 2024: Coin Hebdo #161 appeared first on Coin Academy

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