Arkham’s Token Soars 16% on Report Sam Altman-Backed Crypto Firm Plans Derivatives Exchange

The company also relocated to the Dominican Republic, Arkham CEO Miguel Morel confirmed to CoinDesk.Source

Scroll Airdrop Allocation Met With Dismay From Farmers

Airdrop farmers are up in arms over the release of layer-2 network Scroll’s airdrop allocation this week, with 7% being set aside for early adopters whilst centralized exchange Binance will receive 5.5% for its Launchpool users.Source

Has Ethereum Lost Its Way?

Is Ethereum in danger of being all things to all people and being master of none? It needs to focus on its original ambition to be a World Computer, says Ganesh Swami, co-founder of Covalent.Source

Mt. Gox Postpones Repayment Deadline to 2025, Allaying Concerns of Bitcoin Selling Pressure

Mt. Gox-linked crypto wallets still hold $2.7 billion of bitcoin after having distributed nearly $6 billion worth of assets to creditors earlier this year, Arkham data shows.Source

FTX’s Salame Hoped Dog Bite Would Delay Prison, But Tucker Carlson Derailed Effort

Former FTX executive Ryan Salame, convicted of violating U.S. election laws in his contribution of millions of dollars in the previous congressional elections, has been rebuffed in an 11th-hour attempt to delay his prison sentence to treat a dog bite to his face.Source

DePIN Promises Small Business Innovation in Emerging Markets

DePIN node sales are not like ICOs or even token sales. They are more like a market stall or “micro franchise programs” for the emerging markets. DePIN networks have potential to be a prodigious driver of tech-centered economic development, says Huddle01 founder, Ayush Ranjan.Source

CoinDesk 20 Performance Update: RENDER jumps 6.5%, With All Index Constituents Rising

NEAR was also a top performer, gaining 5.1%Source

First Mover Americas: Bitcoin Trims Thursday’s Inflation-Led Losses

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Bitcoin on Track for Record Sideways Action, With Eyes on November Elections as Bullish Catalyst

Bitcoin’s boring price action, characterized by continued accumulation by small investors, is being attributed to several reasons. including the U.S. election uncertainty and renewed uptick in the U.S. Treasury yields.Source

Bitnomial Exchange Sues U.S. SEC, Alleging Regulatory Overreach

Bitnomial’s action follows a similar suit filed by Crypto.com on Tuesday.Source