🥊🍿 COPA and Unified Patents have launched a campaign against cryptocurrency “patent trolls” who own patents in order to profit from them by suing those who use them without permission, without using them themselves. Such lawsuits accounted for 58% of US patent litigation in 2023. cointelegraph

Join to the EXCAVO team

https://partner.bybit.com/b/excavo

After registration txt to @excavo

📊 #NYM Messari. State of Nym Q2 2024:
▪️ Packets received increased 186% QoQ in Q2 2024;
▪️ Average rewards per packet decreased 65% QoQ in Q2 2024;
▪️ Delegated NYM increased 3.7% QoQ at 197 million NYM;
▪️ NymVPN launched in public beta.

📊 One possible obstacle to #BTC growth in Q4 could be the recent surge in BTC movement to OTC platforms, which currently hold ~410,000 BTC, the highest since May 2022.

💸 #BTC Over the last 24 hours, ~$523.38 million worth of contracts have been liquidated, of which ~$451.95 million worth of longs and ~$71.44 million of shorts have been liquidated.

🗓 Crypto Calendar for October 2024

📊📝 Lattice Fund published report that of the >1,200 crypto startups that raised a total of $5 billion in 2022, 76% managed to launch a product on the mainnet, although 18.5% are no longer active or have announced closure.

💰 The biggest Fundraising Rounds conducted in Q3

Projects that received the most funding are Sentient ($85M), an open-source AI platform, Story ($80M), a Layer 1 intellectual property blockchain, Partior ($60M), a Bitcoin miner company, and ceτi AI ($60M), an Ethereum-based AI platform.

📊🐶 #DOGE Santiment: Dogecoin has retraced -18% from its top back on Saturday. But on-chain activity indicates that whales may not be done with all the bullish momentum of crypto's top meme coin. Though they took profit just before the top, their activity remains very high on DOGE's network.

👀 #W Wormhole (W) new transaction support information (KRW, BTC, USDT markets) upbit

🕵️‍♂️ Animoca Brands contributed 8 million #PIXEL (~$1.11 million) to Binance 4 hours ago. They still own 21.94 million PIXEL (~$3.1 million).

🐳🤔 A whale has once again hit their stop-loss, reducing their position to 890 Bitcoins with a liquidation price of $57,335. This resulted in a total loss of $13.5 million.

This highlights a significant issue with decentralized services like perpetual swaps or lending platforms—everyone knows your liquidation point. It’s already problematic that centralized exchanges (CEXs) have complete knowledge of your positions and often engage in squeezes.

🕵️‍♂️🐳 Whale who made >$32 million in profits from #ETH since September 2023, an hour ago transferred on Binance 1500 ETH (~$3.72 million).
He currently owns 14,456 ETH, most of which is staked in various LRT and Pendle protocols.

📊👀 #BTC C.Q.: Yesterday saw very few realized losses, and given the current bull cycle, you could say there were none at all.

On average, losses of up to $100M are realized on the market daily, even when the price is rising.

🔝 Top 10 Tokens Launched in Q3 2024 by Market Cap. #NEIRO #LBTC #CBBTC

🥳 Binance Will Support the Cosmos (#ATOM) Network Upgrade

📊 #ETH #SOL Weekly DEX trading volume on Solana surpassed Ethereum for the first time in 43 days.

🐶📈#DOGE just saw its largest spike in active DOGE addresses in the past six months, reaching 84,306 active DOGE addresses

🇲🇾 #AI American technology giant Oracle plans to invest >$6.5 billion to create an AI and cloud services center in Malaysia.

📉🤔 #BTC C.Q.: Quarterly P&L to Exchanges for the STH cohort is currently -1.6K, having decreased by 6.4K BTC since the drop to the $56K level.

Once the P&L exceeds 20K, selling pressure will appear. Right now, there is none.