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🦎🚀 It's Liquidation Time 💦

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Liquidation Approved


A Delaware district judge has granted approval for the bankrupt cryptocurrency exchange FTX to proceed with the sale of billions of dollars' worth of its cryptocurrency assets.


In August, the debtors had submitted a proposed plan stipulating that the estate's token sales would be overseen by a financial advisor. Under this plan, the estate would initially be restricted to selling a maximum of $100 million worth of most tokens per week. However, it also allows for the possibility of permanently raising this limit to $200 million on a token-by-token basis.


In today's news, Paxos was revealed as the entity behind the highest BTC transaction fee, Stone Cats 2 LLC, charged by SEC and TON integrated with Telegram Messenger.


Read on!

FTX's Top Crypto Holdings

Bankrupt crypto exchange FTX received U.S. court permission on Wednesday to liquidate cryptocurrency assets. Find out what are FTX's top crypto holdings!


SOL is FTX's top crypto holding, amounting to $1,162 million. However, a large portion of it is subject to a structured vesting schedule, with around 618.4k SOL unlocked monthly, and a massive unlock of 7.5 million on March 1, 2025. Other significant holdings include APT and STG, comprising 10.4% and 41.04% of the tokens current circulating supply.

24h Hot Searches Worldwide ðŸ”¥

  • Bella Protocol                    (+1.9%)

  • Trust Wallet                        (-0.1%)

  • ApeCoin                              (+1.5%)

  • GALA                                   (+0.1%)

  • Arbitrum                             (+0.6%)

  • Tellor Tributes                  (+28.7%)

  • Optimism                           (+0.2%)

Not all trading volume is real. Find out what wash trading is, and how you can keep an eye out for it.

TON of Users Onboard!


Telegram Messenger has introduced TON Space, a self-custodial crypto wallet based on The Open Network, for its extensive user base of over 800 million monthly active users. This wallet will be available through Telegram settings, as announced by The Open Network Foundation.


From now on, all Telegram Wallet users can utilize TON Space, with Telegram Wallet being a bot enabling the buying and selling of cryptocurrencies like Bitcoin. In November, this self-custodial wallet will become accessible to Telegram users worldwide, except those in the United States and select other countries.


The Block

SEC on Fire


The United States Securities and Exchange Commission (SEC) has taken action against the creators of the project Stoner Cats, alleging the sale of unregistered securities during the launch of NFTs in 2021.


Stoner Cats 2 LLC, responsible for the NFT-based cartoon project, has consented to a cease-and-desist order and will pay a $1 million civil penalty while not admitting wrongdoing. Additionally, the company will dispose of any remaining NFTs it holds and create a "Fair Fund" to reimburse investors who bought the NFTs during the initial sale.

Decrypt 

Fat Finger Identified!


Crypto services provider Paxos has been revealed as the entity responsible for setting a record for the single highest payment of a Bitcoin transaction fee, which appeared to be a result of a "fat finger" mistake.


On September 10th, an unidentified entity paid a fee of 19.89 BTC, equivalent to approximately $500,000, to transfer a mere 0.008 BTC (valued at $200).

CoinDesk

TON will be working with Telegram to integrate a TON-based Web3 ecosystem.


Learn about TON wallets, and discover some options to help you explore the TON blockchain, including a bot that lets you send and receive crypto through Telegram.


Read more here!

Today's Top DEXes by 24H Volume on GeckoTerminal

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