🦎🚀 Is FTX Gonna Dump On Us? 📉

Tuesday, September 12, 2023

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Awaiting the Stamp of Approval

FTX, the now-defunct cryptocurrency exchange, is currently in the process of seeking regulatory approval for the liquidation of approximately $3.4 billion worth of cryptocurrency assets.

The fate of this substantial asset sale is scheduled to be determined by Delaware Bankruptcy Court officials on September 13, pending their approval.

In today's news, we have Animoca Brands raising $20 million for Mocaverse, Sushi expanding to Aptos, and a user spending $500k in BTC to move $200 in BTC.

Read on!

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Oops!

In a remarkable incident, a user paid an exorbitant fee of nearly 20 bitcoin, equivalent to $500,000, to transfer a mere 0.008 bitcoin, approximately $200.

This transaction fee has now set a new record for the highest amount paid in U.S. dollars for a single Bitcoin transaction fee.

The Block

A New Identity

Hong Kong-based web3 investor Animoca Brands has successfully raised $20 million by issuing new ordinary shares for its Mocaverse project.

The newly acquired capital will be channeled into further enhancing the Mocaverse project. One of the forthcoming offerings is Moca ID, a non-transferrable NFT collection designed to empower users to craft their on-chain identities and actively participate in the expanding Mocaverse ecosystem.

Decrypt

New Milestone

Sushi, a well-established decentralized exchange (DEX), has expanded its services to the layer-1 blockchain Aptos.

This marks the first instance of Sushi becoming available on a blockchain incompatible with the Ethereum Virtual Machine (EVM). Previously, it had been accessible on various platforms, including Ethereum, Arbitrum, Base, Polygon, Fantom, BNB Chain, and more, as reported by DefiLlama.

CoinDesk