Odaily News According to official news, Solana domain name service Bonfida announced the launch of the token SNS. In the next few weeks, more information about the distribution, claiming mechanism, and how .sol users (past, present, and future) can obtain it will be shared.

Odaily News Kaiko noted in a report that as of last year, FTX estate had recovered nearly $4 billion in digital assets and was authorized to start selling some of its assets in September 2023. Since November 2022, FTX estate's asset recovery has benefited from a rebound in cryptocurrency prices, with key assets such as SOL, TON, and TRX more than doubling in value. The 1% market depth of FTX's main assets (including SOL, DOGE, TON, TRX, BIT, XRP, and the native token FTT) rose from $80 million to more than $200 million, enabling larger sales without causing serious price disruptions. FTX also holds a number of smaller, less liquid tokens, some of which have little market value. These include tokens such as Oxygen (OXY) and Maps (MAPS), which are particularly problematic for FTX estate due to FTX's overwhelming ownership. The exchange holds 99% of MAPS, 97% of OXY, and 95% of Serum (SRM). Given FTX's dominance in these assets, any attempt to sell them could cause their prices to drop to zero almost immediately. As a result, FTX estate has given a significant discount to its valuation. MAPS is considered worthless, OXY faces a 99.9% discount, and SRM is discounted by 18.6% due to liquidity issues. Other assets, such as BRC, BRLT, and BTRN, are worth zero because they are no longer traded. Earlier, it was reported that John Dorsey, a judge in the Delaware Bankruptcy Court, decided to approve the plan at a hearing on Monday to begin distributing funds to creditors. Under the plan, 98% of creditors will receive at least 118% of the value of their claims in cash.

Odaily News Jump Trading subsidiary Tai Ho Shan sued the bankrupt FTX over a $264 million Serum Token loan. Tai Ho Shan reportedly stated that Alameda failed to deliver 800 million Serum (SRM) tokens and demanded $264 million in compensation, but Alameda stated that the claim was invalid because the loan was never started.

Odaily星球日报讯 据官方公告，币安将基于用户在快照时间 4 月 21 日 08:00（东八区时间）于币安钱包的持仓量，将以下代币余额转换为等值 USDT。币安将于 10 月 21 日 07:59（东八区时间）前将用户钱包中的以下代币余额转换为等值 USDT。 4 月 21 日 07:59（东八区时间）后，币安将不再支持下列空投代币/已下架代币的提现业务。用户可在此时间前进行提现。 受影响的币种：Moeda Loyalty Points（MDA）、Helium（HNT）、Mithril（MITH）、DFI.Money（YFII）、Mirror Protocol（MIR）、Venus Reward Token（VRT）、TokenClub（TCT）、Augur（REP）、EasyFi（EZ）、Swerve（SWRV）、Boba Network（BOBA）、Serum（SRM）、Raiden Network Token（RDN）、Cobak Token（CBK）、OnX Finance（ONX）。 兑换将根据 4 月 21 日 08:00 至 10 月 21 日 07:59（东八区时间）期间，代币兑 USDT 平均汇率作为兑换汇率。请注意：币安将在完成上述代币兑换 USDT 后更新本公告，并向所有受影响的用户单独发送电子邮件。

Odaily星球日报讯 在 3 月 26 日的法庭听证会上，代表加密交易所 FTX 的律师 Brian Glueckstein 向特拉华州破产法官 John Dorsey 提出申请，要求其驳回投资者对所谓“Sam Coins”的索赔，表示在持续的破产案件中，这些币种的价值应为零。 这些代币与 FTX 创始人 Sam Bankman-Fried（SBF）关系密切，包括旅游平台 Maps（MAPS）的原生代币、去中心化金融经纪商 Oxygen（OXY）、去中心化交易所 Serum（SERUM）以及 Boba（BOBA）代币。Brian Glueckstein 表示，客户对这些代币的索赔应大幅折扣或降至零。 Glueckstein 解释说，专家们已仔细分析了这些资产在申请日的价值，以确定合理的价值折扣，客户对这些数字资产索赔的估值基于一个从未存在且永远不会存在的市场。 FTX 的估值专家 Sabrina Howel 得出的结论是，由于该公司持有超过 95% 的 OXY 和 MAPS 代币（曾经与 SBF 密切相关），因此需要几十年的时间才能清算它们。根据其分析，FTX 声称与 MAPS 和 OXY 代币相关的索赔（按当前汇率计算价值超过 6 亿美元）应该被视为毫无价值。同时，与 SERUM 代币相关的索赔（价值 5.09 亿美元）应折扣约 58%。 然而，仍然持有这些“Sam Coins”的 FTX 客户对这些估值提出了反对，并要求推翻 FTX 律师的估测数据。客户声称这四种数字资产的总价值仍超过 11 亿美元。 Dorsey 法官表示，很难正式量化加密货币的价值，并将数字资产描述为“没有内在价值”。他表示：“唯一的价值来自于交易本身。据我所知，加密货币的交易仅基于情绪，没有其他价值。” 他听取了双方的论点，并表示在就如何估计这些有争议的加密资产的价值作出裁决之前，他会考虑此事。（Cointelegraph）

Odaily News DEX Lifinity’s LFNTY-USDC pool was depleted by arbitrage bots on December 8, with a loss of approximately US$699,090. A Lifinity core member named Durden explained that a bot tried to conduct arbitrage trading along the route of USDC > xLFNTY > LFNTY > USDC. The bot initiated an Immediate-or-Cancel (IOC) market order on Serum V3, an order type that if filled must be executed immediately at the current market price. Orders that cannot be completed immediately will be cancelled. (Cointelegraph)

Odaily News According to the official website, Raydium has now added support for OKX Web3 wallet. Users can trade, pledge, provide liquidity, etc. in Raydium through the OKX Web3 wallet plug-in. Raydium is an automated market maker (AMM) built on the Solana blockchain. It realizes lightning transactions by docking with the central order book of the Serum decentralized exchange (DEX), sharing liquidity within the ecosystem and new liquidity mining. Mining and other income models. It is reported that OKX Web3 wallet is a one-stop Web3 portal that now supports 80+ public chains. App, plug-in and web page are unified, covering five major sectors: wallet, DEX, DeFi, NFT market, DApp exploration, and supports Ordinals market, MPC and AA smart contract wallets, exchange Gas, connect hardware wallets, etc.

Odaily News During SBF’s criminal trial, FTX’s former engineering director Nishad Singh read out a list of transactions in a spreadsheet in court, which showed that FTX provided promotion funds to celebrities and influencers in excess of $1 billion. Those deals include FTX spending $135 million to rename Miamis famed entertainment center FTX Arena (now Kaseya Center). The list also includes a $28 million payment to NBA basketball player Steph Curry, a $14 million payment to Canadian businessman Kevin OLeary, and an undisclosed amount to NFL quarterback Tom Brady, supermodel Gisele Bundchen and actor Larry David. . Singh said the transactions totaled $1.3 billion. (The Block) Previous news, crypto KOL Autism Capital released some information about the FTX trial on the Caroline Ellison, former FTX chief technology officer Gary Wang, and former FTX engineering director Nishad Singh handed over their personal assets — including cryptocurrencies and Serum (SRM) — to Alameda in order to maintain operations. He even included his own personal FTX stake, which he had tried to hide in Paper Bird, another independent non-Alameda/FTX entity he owned.

Odaily News Crypto KOL Autism Capital released some information about the FTX trial on the Chief Technology Officer Gary Wang and former FTX engineering director Nishad Singh handed over their personal assets — including cryptocurrency and Serum (SRM) — to Alameda in order to maintain operations. He even included his own personal FTX stake, which he had tried to hide in Paper Bird, another independent non-Alameda/FTX entity he owned.

Odaily News The Big Short author Michael Lewis revealed in his new book Going Infinite that former FTX CEO Sam Bankman-Fried was worried that his employees would hold a large amount of SRM tokens due to the sharp rise in the price of Serum (SRM) tokens in 2021. Get rich and you may no longer be willing to work 14 hours a day for your crypto trading platform. Therefore, Bankman-Fried modified the release rules for SRM tokens so that employees must wait longer before selling these tokens. (CoinDesk)