#热门事件 Recent Hot Events in the Crypto Circle

Sonic Summit Held and Leadership Change: On September 29, the Sonic Summit took place, and Sonic Labs announced that Mitchell Demeter has been appointed as the new CEO, with Michael Kong transitioning to Chief Information Officer. Demeter will focus on expanding ecosystem adoption and strengthening institutional collaborations. As a result, Sonic's utility token S rose nearly 4% in the past 24 hours.

Falcon Finance Launches FF Token: On September 29, Falcon Finance launched the FF token and opened wallet registration to receive FF. The issuance of the token may boost trading activity, but investors should be aware of the price correction risks brought by early profit-taking.

FTX Distributes $1.6 Billion to Creditors: Starting September 30, FTX began distributing $1.6 billion to creditors, with eligible creditors receiving funds from their chosen distribution service providers within 1 to 3 business days. Although this distribution may enhance liquidity, the expenditure is $300 million less than the forecast in July, raising market concerns.

Phala Network Plans to Stop Parachain and Migrate to Ethereum L2: On September 30, Phala Network announced that due to its Polkadot parachain slot expiring on November 20, 2025, it has submitted a proposal to stop the parachain and fully migrate to Ethereum L2 to align with Intel's roadmap and the broader EVM ecosystem.

Crypto.com Receives CFTC Approval to Conduct Margin Derivatives Business in the U.S.: On September 30, news emerged that Crypto.com has received approval from the U.S. Commodity Futures Trading Commission (CFTC) to conduct margin derivatives business in the U.S. Its affiliated brokerage, Foris DAX FCM LLC, has also received approval from the National Futures Association (NFA) to become a futures commission merchant.

Coinbase Derivatives to Launch SUI Futures on October 22: On September 30, it was announced that Coinbase Derivatives will launch SUI futures contracts on October 22, provided by Coinbase Derivatives, and will be listed on Coinbase through approved FCM partners for retail and institutional traders.

Token2049 Conference Held in Singapore: From October 1 to 2, Asia's largest and most influential Web3 industry summit, Token2049, was held at Marina Bay Sands in Singapore, with many big names in attendance, including Ethereum co-founder Vitalik Buterin and Solana co-founder Anatoly Yakovenko.