Let's discuss the latest update in the crypto space this week…
• Almost $2B will be unlocked in October by major projects. Celestia will unlock 175.75M TIA worth $1.1B. Cheelee will unlock $300M tokens on Oct. 10. Other unlocks include; Aptos APT, Arbitrum ARB, Axie Infinity AXS, ImmutableX IMX, GateToken (GT), Starknet STRK, Internet Computer ICP and Ethena Labs ENA. These projects are scheduled to unlock almost $600M in tokens for open-market trading.
• Changpeng Zhao, commonly known as CZ, the founder of cryptocurrency exchange Binance, is set to be released from custody in Long Beach, California today earlier than expected with a weekend release policy. CZ resigned as the CEO but is still the largest shareholder at Binance with $60B net worth.
• On September 25, PayPal announced that PayPal Business accounts can now buy, sell, and trade crypto directly from their PayPal accounts. The new feature will be available across the United States for all merchants except those in New York.
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