Jump Trading Transfers 11,500 ETH to Selling Address | Cryptocurrency Trends

1. Mainstream Exchange Trends:

• OKX to delist MSN, OMN, REP, EURT, IGU, PCI, and SLN spot trading pairs.
• Bithumb to list io.net (IO) for trading with the Korean won.

2. Cryptocurrency Trends:

• FOX Business reporter Eleanor Terrett posts on social media that Fairshake, a pro-crypto super PAC, plans to spend $25 million in TV advertising campaigns to support 18 House of Representatives candidates from both parties.
• Ethena Labs announces its integration with Solana, allowing users to buy and sell USDe stablecoins, trade using USDe, and accumulate native Ethena's rewards through sUSDe. Additionally, SOL has been added as collateral for USDe.
• Hundreds of addresses linked to PlusToken are currently consolidating ETH. The total amount of ETH retained and outflowed from official addresses is approximately 808,000, with no selling activity reported so far.
• Jump Trading transfers 11,500 ETH to a selling address, and initiates the process to redeem 19,049 stETH for ETH.
• Developer Nima Owji posted yesterday that Musk's X platform is set to launch a payment service called X Payments, which encompasses transactions, balances, and transfers.
• According to Poly market, the probability of Trump winning the 2024 U.S. presidential election decreases to 52%, while the probability of Kamala Harris winning increases to 46%.
• The restaking protocol Symbiotic announces that its website is temporarily unavailable due to a temporary problem with the domain name registrar.
• Cosmos Hub releases Proposal 945 to simplify the governance process by enabling subchains to launch consumer chains through permissionless interchain security (ICS).

3. Financing Trends:

• Binance Labs, the venture capital and incubation arm of Binance, announces an investment in Solana restaking protocol Solayer.
• Blockscout, an open-source blockchain explorer, raises $3 million in seed round funding led by 1kx with participation from Primitive Ventures and Gnosis.
• Andrena, a Solana-based DePIN project, raises $18 million in a funding round led by Dragonfly.

4. Regulatory Trends:

• Montenegro's Supreme Court committee to decide by the end of the week whether to delay the extradition of Terraform Labs co-founder Do Kwon to South Korea.