🥷Could The Real Satoshi Please Stand Up?

GM Defiers!

HBO is set to air a new documentary claiming to have solved the mystery of Satoshi Nakamoto’s identity. Polymarket users are punting that it will name Len Sassaman, a cypherpunk who took their own life in 2011, as Bitcoin’s pseudonymous founder.

Markets rallied ahead of September’s CPI report, due to be released on Thursday. BTC and ETH jumped 2% while SOL and DOT gained 3% and 1%, respectively. Sui surged 20% to become the day’s top gainer.

EigenLayer attributed a recent EIGEN sale worth $5.6 million closely linked to a team wallet to a compromised email.

The transaction count of Ethereum’s scaling ecosystem has slumped to its lowest level since June. Base adoption continues to soar despite the pullback.

Plus, Aerodrome’s code license garners criticism, meme “cult” coins post heady gains, Binance’s CEX dominance crashes to a four-year low, UAE exempts crypto from VAT, and Puffer completes airdrop snapshot.

✍️ In today’s newsletter:

HBO promises to unmask Satoshi Nakamoto
Markets rally ahead of CPI, Fed minutes
Hacker compromises EigenLayer investors’ email
Ethereum L2 adoption falls despite Base growth
Aerodrome under fire for closed code
Former fund manager backs memecoins with “cult” support
Binance’s market share drops to 36.6% of CEX volume
UAE lures crypto firms with VAT exemptions
Puffer snapshots airdrop eligibility

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👥 Who Is Satoshi? HBO Documentary Claims To Know And Sparks Polymarket Bets

HBO will air a documentary on Oct. 8 it claims will unmask Satoshi Nakamoto. Polymarket punters are betting the documentary is most likely to name cypherpunk Len Sassaman as Bitcoin’s mysterious founder, followed by Adam Back, the co-founder and CEO of Blockstream, Nick Szabo, the cryptographer and computer scientist, and Hal Finney, the deceased Bitcoin contributor.

📈Crypto Markets Rally Ahead of U.S. Inflation Report

BTC rose 1.7% to $63,800, while ETH climbed 1.5% to $2,500. Most major cryptocurrencies posted gains ahead of a busy week packed with significant U.S. economic data releases, including Federal Reserve meeting minutes and the Consumer Price Index (CPI).

📧 EigenLayer Blames Presumed $5.6M Insider EIGEN Dump On Email Compromise

EigenLayer said a hacker sold $5.6 million worth of EIGEN intended for an Eigen Labs investor through an email compromise. The sales set off alarm bells from onlookers who feared insiders were violating EIGEN’s vesting schedule.

📉 L2 Adoption Wanes Despite Base Activity Continuing To Surge

The combined throughput of Ethereum scaling networks has slumped to its lowest level since June as activity on Arbitrum and Linea dries up. Despite the pullback, Base’s active wallets and transaction count posted new highs last week.

🔎 Aerodrome Faces Criticism Over Code License Amid Rapid Growth

Sonic Labs’ Andre Cronje is firing shots at Aerodrome, the surging decentralized exchange, over its code license. Cronje claims the DEX co-opted code he developed for Solidly and placed a closed Business Source License on it.

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🚀 Memecoin-Linked NFTs Rally on “Cult” Thesis

Memecoins held by the former fund manager Murad Mahmudov posted eye-watering gains last week. Mahmudov said meme tokens with “cult” support offer the main opportunity for retail traders to profit from the current digital asset landscape.

🌍 ELSEWHERE

Memecoin Moodeng on Ethereum Jumps 480% After Vitalik Buterin's Mention and Donation Sales (CoinDesk)
U.S. moves to seize $2.7 million from Lazarus hacks traced through Tornado Cash, other mixers (The Block)
Metaplanet buys average of 34 BTC per day in October Bitcoin buying spree (CryptoSlate)
EIP-7781 Aims to Boost Ethereum Throughput by 50% (Unchained)