By Kapil Rajyaguru
FTX Bankruptcy Estate Auctioning Worldcoin Tokens This Week.
On Oct. 3, the FTX estate will auction 22 million Worldcoin tokens for $38 million.
To qualify for the auction, investors must bid $2.5 million by 8 pm on Oct. 3. The tokens might sell at a 75% discount.
Starting Dec. 1, 2024, 20,000 WLD tokens will unlock everyday. From July 2026 until 2028, the unlocking schedule will slow to 14,000 WLD tokens every day.
Tron Network Posts Record $577 mn Revenue In Q3.
Tron Network reported a record $577 million in Q3 sales, surpassing Bitcoin and Ethereum.
Tron’s Q3 income was $577.2 million, with 74% coming from staking and 26% from burning, according to Tronscan, which Tron creator Justin Sun referenced in an Oct. 2 X post.
Uruguay Enacts Cryptocurrency Law After Two Years Of Deliberation.
After almost two years of debate, Uruguay passed a cryptocurrency legislation. The bill, presented two years ago, acknowledges cryptocurrencies as virtual assets and makes the Central Bank of Uruguay the regulator and administrator for cryptocurrency enterprises.
Uruguay is now among the top Latin American nations to regulate cryptocurrencies.
The Financial Services Supervision (SSF) must also identify VASP exchanges, wallets, and miners.
Binance Secures 20th Global Milestone With Argentina Crypto Registration.
On Oct. 1, Binance announced its 20th worldwide regulatory milestone: registration in Argentina’s Virtual Asset Service Providers Registry.
This registration will allow the crypto exchange to provide its complete range of services to Argentina customers, boosting its presence there.
Binance underlined that this shows its commitment to compliance and secure cryptocurrency use in Argentina and beyond.
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