DailyNews

Odaily Star Daily News Zeta Markets said in a post by X that the utility and usage of ZEX are being upgraded to enhance its role in the Zeta ecosystem. The proposed mechanism focuses on rewarding ZEX stakers and encouraging increased trading activity on the platform. To promote this, the team will introduce two key features: increased incentives and fee discounts. The stake bonus will go live in Epoch 3, and stay tuned for the official release.

Odaily Planet Daily News, Avalanche's ecological social protocol The Arena, announced in a post on X: "We plan to launch Token next week. As the transaction is still ongoing, we will launch the Arena Uprising event as part of the ARENA Token launch, rather than a week ago. Please continue to follow the official channels for further information.

Golden Finance reported that Arkham announced support for BTC's P2PK script Address, which can display the first BTC transaction.

Odaily Star News According to Lookonchain monitoring, since August 20th, a trader has executed 8 POPCAT transactions with a 100% success rate and total profit exceeding $1 million.

On October 8th, 1kx announced the launch of the privacy tool zkSafe, aimed at enhancing the Safe Multi-signature privacy module. With zkSafe, Safe owners can collectively sign transactions without revealing who signed the transaction. In addition to the privacy advantages, the zkSafe module enables a backend-free Safe UI, allowing developers to seamlessly use Safe on forked chains. Currently, zkSafe has been deployed on Ethereum, Base, BSC, Polygon, Gnosis, Arbitrum One, Optimism Mainnet, Scroll, and Sepolia.

PANews October 8th news, according to Bloomberg, data from sports sponsorship agency SportQuake shows that Cryptocurrency companies spent a record nearly 130 million pounds (170 million US dollars) on transactions in the English Premier League 2024/25 season, and this number may further increase as more partnerships are usually announced during the season.

Odaily Planet Daily According to SoSoValue data, the total net inflow of Ethereum Spot ETF was zero yesterday (October 7th, Eastern Time), which was the second consecutive day of zero net inflow since its launch. The first day of zero net inflow occurred on August 30th, Eastern Time. As of the time of writing, the net asset value of the ETH Spot ETF was 6.7 billion US dollars, with the ETF net asset ratio (Market Cap as a percentage of total Market Cap) reaching 2.28%. The historical cumulative net outflow has reached 5.61 billion US dollars.

Odaily Planet Daily News According to reports, more than twenty residents of Granbury, Texas, have filed a lawsuit against the cryptocurrency mining company Marathon Digital, claiming that the noise from Marathon's BTC mining facilities in the area is a "nuisance" and has caused "extreme discomfort and annoyance" to the residents near the mine. The plaintiff pointed out that due to the "continuous" noise and vibration of the Marathon Mining Farm, some residents have suffered "sensory, emotional, psychological, and health effects." Some locals have experienced fatigue, headaches, memory problems, hearing loss, migraines, and tinnitus. The organization also stated that some residents' pre-existing health conditions, such as high blood pressure, have worsened. The lawsuit states, “Even within their own homes, (residents) can hear the noise of MARA Cryptomine and feel its vibration.” It goes on to say that Marathon's Mining Farm “severely interfered with the plaintiffs' private use and enjoyment of their property.” The organization also stated that the energy usage of BTCMining operations has led to "increased electricity costs and decreased property value". (Cointelegraph)

Gold Finance reported that Williams of the Federal Reserve said that the 50 basis points rate cut in September is not a "rule for our future actions", and the officials' latest Interest Rate forecast dot plot is a "very good baseline scenario".

Golden Finance reported that, according to Lookonchain's monitoring, a savvy Whale sold 2.66 million POPCAT (3.61 million US dollars) at a price of 1.36 US dollars in the past 20 hours, leaving 3.45 million POPCAT (4.48 million US dollars), making a profit of about 3.96 million US dollars, and then spent 1.45 million US dollars to buy 30.22 million GIGA at a price of 0.048 US dollars.

Golden Finance reported that, according to official sources, the Australian MonochromeSpotBTCETF (IBTC) held 164 BTC as of October 7, with an AUM of approximately $15.36 million.

Odaily Planet Daily According to Farside Investors data, there was no capital inflow/outflow for the US Ethereum Spot ETF yesterday.

On October 8th, PANews reported that Immutable, a Web3 game development platform, announced that its registered users on the X platform have exceeded 3 million. Since the launch of Immutable Passport in early 2024, the number of registered users has doubled in just the past two months.

Odaily Planet Daily News According to official information, the Yield Guild Games (YGG) Guild Advancement Program Season 7 has been launched, including games such as: Arena of Faith, Axie Infinity, Blade of God X, GensoKishi Online, Parallel, Pixels, Mighty Action Heroes, Mystery Society, Nine Chronicles, Rumble Racing Star, Sipher Odyssey. In the seventh season of the Guild Advancement Program, participants can receive rewards after completing each task, without having to wait until the end of the season.

Odaily Star Daily News GeniiData data shows that the total Market Cap of rune has exceeded 1 billion US dollars, reaching 1.04 billion US dollars. As of now, the rune projects with a market capitalization of over 100 million are only DOG•GO•TO•THE•MOON and PUPS•WORLD•PEACE, with market capitalizations of 394.81 million USD and 140.39 million USD respectively, accounting for over 50% of the total market capitalization of rune.

On October 8th, according to Protos, the US Supreme Court refused to hear the appeal of Battle Born Investments and others regarding 69,370 BTC (valued at $4.4 billion) related to the Silk Road. Protos reported that this means that these BTC may soon be auctioned. Earlier, the US Northern District of California Court ruled to allow the US government to lawfully dispose of the confiscated BTC. Battle BornInvestments had attempted to obtain ownership of the BTC through appeal, but the Supreme Court's ruling left their request in vain. Due to the lower court's order for the US government to "dispose of the confiscated defendant's property in accordance with the law," US marshals or other agencies may soon receive instructions from the court to sell this batch of BTC that was once stolen from the Silk Road.

Golden Finance reported that after the US court approved FTX's bankruptcy reorganization plan, FTX will distribute cash to its customers and creditors. At present, it is working hard to finalize the arrangement plan for distributing funds to creditors in more than 200 jurisdictions worldwide, and is formulating relevant protocols. It will also hire professional agent agencies to recover debts from global customers.