Ethereum Foundation Converts 1700 ETH to USDC | Cryptocurrency Trends

1.Mainstream Exchange Trends:

• OKX to delist eight token spot trading pairs, including SRM and MITH, on October 16.
• Binance to launch the CR7 ForeverZone NFT collection with Cristiano Ronaldo on October 11.
• Mainstream Exchange Listings (CEX: Token — Time of Listing in UTC+8)

2.Cryptocurrency Trends:

• Coinbase Director: Alameda minted 39.55 billion USDT, accounting for 47% of current circulating supply.
• Dapper Labs CTO unveils the EVM on Flow proposal, which aims for full EVM equivalence on Flow.
• Polkadot community considers proposal to adjust the ideal staking rate to incentivize staking in anticipation of the upcoming 100 million DOT unlock.
• BNB Chain launches a two-month airdrop marathon aimed at boosting ecosystem activity.
• Ethereum Foundation converts 1700 ETH (around US$2.76 million) to USDC.
• Around US$7 million of positions will be written down to zero as a result of issues affecting the US$20 million lending pool on DeFi protocol Goldfinch.

3.Financing Trends:

• Metaverse infrastructure developer Hadean receives strategic investment from Yuga Labs.

4.Regulatory Trends:

• Huobi, KuCoin, and over 140 other crypto trading platforms placed on the UK FCA Warning List.
• The Hong Kong FSTB plans to consider suitable institutions, methods, and regulatory requirements for the viable regulation of virtual asset OTCs.