FTX Begins $1.6 Billion Creditor Payouts Amid Key Economic Events
Key Updates in Crypto Investments:
- FTX Creditors: FTX begins its third tranche of payouts, distributing $1.6 billion to creditors.
- Arbitrum Voting: The Arbitrum DAO is voting on investing idle ETH to earn rewards.
- PancakeSwap Changes: PancakeSwap will discontinue support for Polygon zkEVM liquidity pools; users need to withdraw funds by the deadline.
- Starknet Launch: Starknet launches BTC staking on mainnet with a 25% consensus weight and reduced un-staking period.
Macro Events to Watch:
- U.S. employment figures are anticipated, with nonfarm payrolls expected to increase by 39,000.
- U.K. Q2 GDP Growth Rate and Eurozone inflation data releases.
- Several speeches from Federal Reserve officials and SEC & CFTC regulatory roundtable discussions.
Token Governance Votes:
- Lido DAO considers implementing V3 upgrade; voting ends Sept. 29.
- GnosisDAO votes on a $40,000 pilot fund proposal; voting concludes Oct. 1.
- ENS DAO decides on reimbursing legal fees, with voting ending Oct. 2.
- Arbitrum DAO plans to transfer 8,500 idle ETH for yield generation.
Upcoming Token Unlocks:
- Sui (SUI) to unlock 1.23% of its supply worth $137.27 million on Oct. 1.
- EigenLayer (EIGEN) will release 13.77% of its circulating supply.
Conferences:
- Sept. 29-30: Sonic Summit 2025 in Singapore.
- Oct. 1-2: TOKEN2049 Singapore.
- Oct. 4-5: Electronic Cash Conference 2025 in Barcelona.