1. Bitcoin’s price fell Monday on larger macroeconomic concerns while lower Ethereum fees benefit hardcore DeFi users. Bitcoin (BTC) trading around $13,011 as of 20:00 UTC (4 p.m. ET). Slipping 0.33% over the previous 24 hours, which trading range was between $12,773 and $13,250.
2. According to the ChainNews, DeFi aggregator Frontier (FRONT) stated that it will launch an airdrop event as soon as possible to distribute Frontier NFT (non-homogeneous tokens) for free. Users who have obtained NFT will be able to buy and sell Frontier NFT through the trading platform Bonfida and Solible, the first NFT market on the Solana blockchain. Chain Wen noted that on October 22, Bonfida, a trading platform built on Serum and Solana, released its first NFT trading platform Solible, which can trade digital collectibles on the Solana blockchain.
3. Binance Launchpad will soon launch decentralized game and NFT project Axie Infinity (AXS), and will open the BNB special session. This time it will be based on the lottery lottery model. Binance will allocate lottery numbers based on the average daily BNB holdings of users on the 7th. . The BNB holding snapshot period of this Launchpad project is from 08:00 am on October 27th to 08:00 am on November 3rd, 2020. Axie Infinity is committed to creating a digital pet game kingdom, allowing users to raise pets in a virtual world, namely “Axies”, and participate in battles, collection or construction of land kingdoms.
4. Harvest Finance updated its Twitter saying that just like other arbitrage economic attacks, this attack originated from a huge flash loan. The attacker repeatedly manipulated the price of one fund pool (Curve y Pool) to exhaust the funds in the other fund pool (fUSDT, fUSDC), and then converted the funds into renBTC and cashed out. At present, the attacker returned $2,478,549.94 to Deployer in the form of USDT and USDC. This will be distributed proportionally to depositors whose funds have been damaged through snapshots. Harvest Finance stated that in order to protect the safety of user funds, all stablecoins and BTC funds have been transferred from the strategy pool to the Vault.
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