1/ THE FRAX BURN ENGINE IS LIVE 🔥
For the first time in Frax history, meaningful protocol revenue is being used to programmatically buy back and burn FRAX.
As announced in today's Q3 report, frxETH revenue will flow into the Burn Engine in Q4.
A new era for ethereum:0x3432b6a60d23ca0dfca7761b7ab56459d9c964d0 begins 🧵
$IQ is SAFU. We've burned the tokens held by the @Binance hackers and will return the IQ to Binance once SAFU.
$IQ는 SAFU 합니다. 저희는 Binance 해커들이 탈취한 토큰들을 전부 소각하였으며, 바이낸스가 정상 복구되는 대로 토큰들을 반환할 예정입니다.
We’re aware of the reported incident affecting Binance.
Frax assets and smart contracts are unaffected and operating normally. User and protocol funds remain safe.
Some partners, including LayerZero, have temporarily paused operations as a precaution and should resume soon.
Beyond the Dollar. 🌐 At @stblcnsummit 2026 in Singapore, $KRWQ Co-founder Navin V. shared his perspective on why the Korean won matters, the opportunity in offshore KRW markets, and the long-term vision for bringing Korean assets onchain.
Three key takeaways from the discussion. ↓
KRWQ is setting the pace, as the first Korean won stablecoin. @bloomingbit_io, a leading Korean crypto news site, recently mentioned @KrwqCash in an article on recent developments in Won stablecoins and other legislative priorities in Korea around digital assets.
Following @ethconf, $KRWQ Co-founder Navin Vethanayagam @NavV96 joins @TokenizeCon in a few hours: Are Stablecoins Really Stable?
📅 Oct 21 · 2:40 PM PT
📍 Las Vegas
🎤 Join us for the discussion
Sam Kazemian says FraxNet is turning into an app store, giving everyone from retail to businesses the tools they need under one identity check.
@samkazemian@fraxfinance@Frax
Frax just made internet history.
.frax is the first ICANN top-level domain application revealed for a crypto company brand, designed to connect real internet domains with onchain ownership, payments, AI-native commerce, and the Frax Burn Engine.
The internet is coming onchain.