Daily Report | Sources: Bitmain's operating cash flow in September has not yet turned positive, and the payment of part of the September salaries is temporarily postponed; Starknet team and members are currently safe

整理：bayemon.eth, ChainCatcher

"What important events happened in the past 24 hours"

1. Author of "The Big Short": SBF planned to apply for a $1 billion loan from Morgan Stanley to participate in Musk's acquisition of Twitter

According to The Block, Michael Lewis, the author of "The Big Short," revealed in his new book "Going Infinite" that SBF met with the Prime Minister of the Bahamas to discuss repaying the country's total national debt of about $10 billion.

Lewis claims that FTX moved its headquarters from Hong Kong to the Bahamas in 2021 partly due to the Chinese government's crackdown on cryptocurrencies. SBF chose the Bahamas as its registration location because the country implemented regulations that could legalize the crypto industry. SBF devised a plan to repay the Bahamas' national debt, thereby improving the country's infrastructure and providing a more attractive work and living environment for FTX employees. The idea was discussed during a meeting with Prime Minister Philip Davis of the Bahamas.

Additionally, SBF planned to apply for a $1 billion loan from Morgan Stanley to invest in Musk's acquisition of Twitter and intended to use FTT tokens as collateral. Lewis stated that Musk sought SBF's help to raise $44 billion for the deal. SBF suggested to former FTX executives Nishad Singh and Ramnik Arora that they should invest between $250 million and $1 billion in Twitter, but both executives opposed the idea. However, SBF ignored their advice and asked Morgan Stanley if they would lend him $1 billion to invest in Twitter using FTT as collateral. (Source link)

2. Data: A Bitcoin whale address dormant for over 3 years has been activated, transferring out 5,000 BTC

A Bitcoin whale address that had been dormant for over 3 years was activated today, transferring all 5,000 BTC (approximately $140 million) to two new addresses three hours ago.

It is reported that this address initially received Bitcoin on June 21, 2020. (Source link)

3. Shandong Liaocheng police crack the city's first virtual currency pyramid scheme, recovering illegal gains of over 10 million yuan

According to the Liaocheng Public Security WeChat account, the police in Xinxian County, Liaocheng City, Shandong Province, successfully cracked the city's first pyramid scheme involving virtual currency, "12·04." Six key members of the pyramid scheme were arrested, and over 10 million yuan in illegal gains were recovered.

In December 2022, police discovered virtual currency pyramid scheme activities on the Binance Smart Chain during online patrols. The project used the "token pocket" wallet and smart contracts to issue decentralized cryptocurrencies DCS and CAR, enticing participants with high returns to inflate the prices of DCS and CAR and recruit new members, which constituted pyramid scheme activities. The task force set up a forward command post in Qingdao and received assistance from public security agencies in Tai'an, Weifang, Xi'an, Fuzhou, and other locations. (Source link)

4. FTX pays a total of $90 million in marketing fees to NFL player Tom Brady and NBA star Steph Curry

According to an official announcement, Michael Lewis, author of "The Big Short," stated in an interview that FTX paid $55 million and $35 million in marketing fees to NFL player Tom Brady and NBA star Steph Curry, respectively, as part of a three-year promotional partnership, requiring 20 hours of work each year.

FTX wrote in an NBA All-Star promotional post that Steph Curry became part of the company as a global ambassador in 2021 and holds equity. (Source link)

5. Sources: Bitmain's operating cash flow in September has not yet turned positive, delaying the payment of part of September's salaries

According to sources, regarding the community's hot discussion about "Bitmain delaying the payment of part of September's salaries to all employees," an insider has confirmed the authenticity of this news to Odaily Planet Daily. At the same time, the insider stated that although the announcement mentioned that salaries would be paid after October 7 depending on the situation, no notifications have been received so far.

Another source revealed that Bitmain's total budget for the mining conference held in Hong Kong last month was about $5 million, stating, "It's not that there's no money, but having money and being stingy are two different things."

Internal emails from Bitmain show that the company's operating cash flow in September has not yet turned positive, especially with significant delays in mining progress. The EMT decided to delay the payment of part of September's salaries for all employees, with payments to be made after the October 7 holiday depending on the situation.

6. Data: The adoption rate of ERC-6551 on Polygon has significantly increased, with over 8,900 TBAs activated in the last week of September alone

According to The Cryptonomist, since July, the number of token-bound accounts created based on the ERC-6551 token standard has significantly increased on the Polygon network. Dune data shows that a total of 18,116 ERC-6551 accounts have been activated so far, with 7,581 NFTs stored in TBAs. In the last week of September alone, over 8,900 ERC-6551 related accounts were activated.

It is reported that the NFT collections with the most usage of this standard and implementation of crypto wallet functions on Polygon are Dippi TBA, Lens Protocol Profiles, and OrbSoulbound. Additionally, the adoption rate of ERC-6551 accounts on the Ethereum network is also on the rise. Across all EVM chains, a total of 26,334 token-bound accounts have been activated through 1,520 transactions, holding a total of 11,270 NFTs. (Source link)

7. Starknet community administrator: Starknet team and members are currently safe

Due to recent international events, Starknet community members expressed concerns about the team's situation. In response, Starknet community administrator Wind Rider stated that the Starknet team and its members are safe.

It is reported that Starknet, an Ethereum Layer 2 scaling solution, was established in 2018 and is headquartered in Israel. (Source link)

"What are some interesting articles worth reading in the past 24 hours"

1.《How do intentions optimize trading experiences? Taking Coswap, Uniswap, Anoma, and others as examples》

Recently, the concept of intention has gained popularity in discussions within the crypto field, with various protocols leveraging this concept, such as Anoma, Essential, and others.

This article aims to provide a preliminary introduction to various viewpoints, ultimately presenting the form of intention resolution architecture when expressed in natural language. If the concept of intention succeeds, it is expected to fundamentally change application architecture at all levels.

2.《A brief analysis of ETH's recent price performance and direct influencing factors》

Recently, Bitcoin has shown strong upward momentum, attempting multiple times to break through the resistance range of 28,000–28,500; ETH, on the other hand, has been relatively weak, with only one test of the resistance level at 1,750. This article briefly analyzes ETH's recent price performance and possible influencing factors.

3.《2023 Global DeFi Lending Landscape Overview: New Opportunities for Financial Technology Development》

This report aims to explore the development trends, key challenges, and outlook of the Web3 lending sector in depth. Researchers from Go2Mars Capital and our lab's research team have conducted extensive research and analysis in this field and engaged in in-depth discussions with industry experts and practitioners. We will provide a comprehensive overview of key topics such as Web3 lending protocols, decentralized lending markets, asset collateralization, and risk management. Additionally, this report will introduce some of the latest lending innovation cases, with Prestare Finance being one of our lab's innovative projects exploring how Web3 technology can facilitate the development and innovation of financial markets. We will discuss emerging areas such as blockchain-based lending protocols, decentralized lending platforms, and lending derivatives, as well as their potential impact on the traditional financial system.

We hope that this report will provide readers with a comprehensive perspective on the Web3 lending sector and offer valuable references for industry practitioners, academic researchers, and policymakers. We believe that with the development of Web3 technology, the lending market will become more open, efficient, and inclusive, contributing to the sustainable development of the global financial system.

4.《The Unseen Tech Powerhouse: The Rise of Israel's Web3 Unicorns》

Israel's vibrant startup environment has made it the world's startup capital, having developed 97 unicorns (private companies valued at over $1 billion) and boasting the highest density of startups per capita. In 2021, over $2.5 billion was invested in Israeli startups, setting a record for the country.

Israel has the deepest pool of tech talent, a vibrant entrepreneurial culture, and top-tier venture capital firms—making it an ideal destination for blockchain innovation. The future development potential of Israel's Web3 sector is immense.

Furthermore, the Israeli government is actively promoting digital transformation and supporting the development of blockchain and cryptocurrencies. As global demand for decentralization continues to grow, Israel's Web3 sector will continue to attract more investments and entrepreneurs, becoming one of the leading global centers for Web3 innovation.