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Krabs

I talk about crypto and finance ๐Ÿช™ | crypto since '10 | Trader, Educator, Entrepreneur ๐Ÿš€ | Follow for insights, engage for growth ๐Ÿง  | X @associateKrabs
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ยท
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Bullish
Hey there ๐Ÿซต๐Ÿผ No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ Ready to dive in? ใ€ฝ๏ธ โณ SEC is delaying the Spot ETF decision until January 2024. โ˜„๏ธ DeFi platforms Velodrome and Aerodrome had their frontends compromised yesterday. Do not interact. ๐Ÿ‚ Santander is working with Taurus, a crypto custody company, to safeguard crypto assets. ๐Ÿ‘จโ€โš–๏ธ Christiano Ronaldo has been sued in a class action lawsuit for having previously promoted Binance. ๐Ÿ‡ช๐Ÿ‡บ An official of the European Central Bank has said that crypto companies that behave like banks should be regulated as such. ๐Ÿ’ฌ Kyberswap hacker sends another on-chain message, saying he received โ€œmostly threads, deadlines, and general unfriendlinessโ€. He further said that if this continues, he will reschedule negotiations until โ€œwe all feel more civilโ€. โž• Sei blockchain is adding EVM support in the V2 upgrade. The update is scheduled for the first half of 2024. ๐Ÿ’ธ Investment firm Republic will list a profit-share token on the INX trading platform. โš ๏ธ Philippines regulators are warning Binance about operating without a license. ๐Ÿช‚ Everyone is talking about the Crypto gaming platform Portal and its airdrop. โ›๏ธ Jack Dorsey led a $6.2 million seed round for OCEAN, a decentralized Bitcoin mining pool ๐Ÿ•ณ๏ธ Wormhole raises $225 million at a $2.5 billion valuation. ๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong signals plans to empower regulators for crackdown on unlicensed crypto exchanges. #dailysummary #newsbrief
Hey there ๐Ÿซต๐Ÿผ

No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ

Ready to dive in? ใ€ฝ๏ธ

โณ SEC is delaying the Spot ETF decision until January 2024.

โ˜„๏ธ DeFi platforms Velodrome and Aerodrome had their frontends compromised yesterday. Do not interact.

๐Ÿ‚ Santander is working with Taurus, a crypto custody company, to safeguard crypto assets.

๐Ÿ‘จโ€โš–๏ธ Christiano Ronaldo has been sued in a class action lawsuit for having previously promoted Binance.

๐Ÿ‡ช๐Ÿ‡บ An official of the European Central Bank has said that crypto companies that behave like banks should be regulated as such.

๐Ÿ’ฌ Kyberswap hacker sends another on-chain message, saying he received โ€œmostly threads, deadlines, and general unfriendlinessโ€. He further said that if this continues, he will reschedule negotiations until โ€œwe all feel more civilโ€.

โž• Sei blockchain is adding EVM support in the V2 upgrade. The update is scheduled for the first half of 2024.

๐Ÿ’ธ Investment firm Republic will list a profit-share token on the INX trading platform.

โš ๏ธ Philippines regulators are warning Binance about operating without a license.

๐Ÿช‚ Everyone is talking about the Crypto gaming platform Portal and its airdrop.

โ›๏ธ Jack Dorsey led a $6.2 million seed round for OCEAN, a decentralized Bitcoin mining pool

๐Ÿ•ณ๏ธ Wormhole raises $225 million at a $2.5 billion valuation.

๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong signals plans to empower regulators for crackdown on unlicensed crypto exchanges.

#dailysummary #newsbrief
ยท
--
Bullish
Hey there ๐Ÿซต๐Ÿผ No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ Ready to dive in? ใ€ฝ๏ธ ๐Ÿฅท Tron is now the preferred network for illicit activity and bad actors. Taking over Bitcoin for the first time in this regard. ๐Ÿ”ต Coinbase Notifies Users of Mandatory Disclosure of Account Information and Transactions, Following CFTC Subpoena Linked to ByBit. ๐Ÿค– Eth Zurich researchers have developed a jailbreak method for AI models โ›“๏ธ The European Union is trying to shape the direction in which the metaverse is developed. Allegedly to โ€œreduce technological dependencies on other countriesโ€ ๐Ÿ˜  Arthur Hayes says that the treatment of CZ in the US is โ€œAbsurdโ€. He thinks they are trying to punish him for trailblazing crypto when it is a threat to the US lead financial hegemony ๐Ÿถ Dogecoin has reached 5 million holders. Active addresses have doubled to 168,000 since March 2022 ๐Ÿน Kronos Research is offering a 10% bounty to the hacker who stole $25 million earlier this month ๐Ÿ’ฉ The Global Financial Stability Board is suggesting that the crypto industry needs more regulation to prevent another FTX ๐Ÿ‘ฎ Hong Kong authorities are reporting $19 million lost in the latest Hounax Exchange scam ๐Ÿช™ JPMorgan Chase and Apollo revealed plans for a tokenized enterprise Mainnet ๐Ÿ‡ช๐Ÿ‡ธ Spanish citizens with crypto assets over 50,000โ‚ฌ on non-Spanish exchanges have to declare their holding until March 2024 #dailysummary #newsbrief
Hey there ๐Ÿซต๐Ÿผ

No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ

Ready to dive in? ใ€ฝ๏ธ

๐Ÿฅท Tron is now the preferred network for illicit activity and bad actors. Taking over Bitcoin for the first time in this regard.

๐Ÿ”ต Coinbase Notifies Users of Mandatory Disclosure of Account Information and Transactions, Following CFTC Subpoena Linked to ByBit.

๐Ÿค– Eth Zurich researchers have developed a jailbreak method for AI models

โ›“๏ธ The European Union is trying to shape the direction in which the metaverse is developed. Allegedly to โ€œreduce technological dependencies on other countriesโ€

๐Ÿ˜  Arthur Hayes says that the treatment of CZ in the US is โ€œAbsurdโ€. He thinks they are trying to punish him for trailblazing crypto when it is a threat to the US lead financial hegemony

๐Ÿถ Dogecoin has reached 5 million holders. Active addresses have doubled to 168,000 since March 2022

๐Ÿน Kronos Research is offering a 10% bounty to the hacker who stole $25 million earlier this month

๐Ÿ’ฉ The Global Financial Stability Board is suggesting that the crypto industry needs more regulation to prevent another FTX

๐Ÿ‘ฎ Hong Kong authorities are reporting $19 million lost in the latest Hounax Exchange scam

๐Ÿช™ JPMorgan Chase and Apollo revealed plans for a tokenized enterprise Mainnet

๐Ÿ‡ช๐Ÿ‡ธ Spanish citizens with crypto assets over 50,000โ‚ฌ on non-Spanish exchanges have to declare their holding until March 2024

#dailysummary #newsbrief
ยท
--
Bullish
Hey there ๐Ÿซต๐Ÿผ No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ Ready to dive in? ใ€ฝ๏ธ ๐Ÿ–– Cosmos founder calls for a chain split after the community voted to reduce token inflation from 14% to 10%. โ›๏ธ Crypto miner Hive expands mining operations to Sweden with a new data centre and land acquisition. ๐ŸŒช๏ธ Tornado cash token tanks by 45% after Binance delisting. ๐Ÿ‡ง๐Ÿ‡ท OKX is launching crypto exchange and wallet services in Brazil. โ–ถ๏ธ HTX exchange resumes crypto services after hacks, with full operations expected next week. ๐Ÿ›ซ Department of Justice says CZ is โ€œa flight risk that could be managedโ€ but wants him to remain free until the sentencing as long as he stays in the United States. ๐Ÿ”€ BanklessHQ and Bankless DAO consider brand separation amid community backlash over Arbitrum grant proposal for $1.8 million in $arb. ๐Ÿ‡ฏ๐Ÿ‡ต Circle partners with SBI Holdings to boost USDC circulation in Japan. ๐Ÿšช Scam-as-a-service Inferno Drainer is shutting down after helping steal $70 million in crypto. โ€œWe hope you can remember us as the best drainer that has ever existedโ€ were their goodbye words. ๐Ÿ—ฃ๏ธ Paradigm criticizes Blast Network for launching a bridge before establishing withdrawal or Layer 2 functionality. Paradigm is a seed investor in Blast. ๐ŸŽ—๏ธ The American Cancer Society is using Gitcoin for decentralized cancer research funding. ๐ŸŒ A scammer group targeted BAYC owner Crumz posing as Forbes staff doing an interview. Luckily they failed. #dailysummary #newsbrief
Hey there ๐Ÿซต๐Ÿผ

No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ

Ready to dive in? ใ€ฝ๏ธ

๐Ÿ–– Cosmos founder calls for a chain split after the community voted to reduce token inflation from 14% to 10%.

โ›๏ธ Crypto miner Hive expands mining operations to Sweden with a new data centre and land acquisition.

๐ŸŒช๏ธ Tornado cash token tanks by 45% after Binance delisting.

๐Ÿ‡ง๐Ÿ‡ท OKX is launching crypto exchange and wallet services in Brazil.

โ–ถ๏ธ HTX exchange resumes crypto services after hacks, with full operations expected next week.

๐Ÿ›ซ Department of Justice says CZ is โ€œa flight risk that could be managedโ€ but wants him to remain free until the sentencing as long as he stays in the United States.

๐Ÿ”€ BanklessHQ and Bankless DAO consider brand separation amid community backlash over Arbitrum grant proposal for $1.8 million in $arb.

๐Ÿ‡ฏ๐Ÿ‡ต Circle partners with SBI Holdings to boost USDC circulation in Japan.

๐Ÿšช Scam-as-a-service Inferno Drainer is shutting down after helping steal $70 million in crypto. โ€œWe hope you can remember us as the best drainer that has ever existedโ€ were their goodbye words.

๐Ÿ—ฃ๏ธ Paradigm criticizes Blast Network for launching a bridge before establishing withdrawal or Layer 2 functionality. Paradigm is a seed investor in Blast.

๐ŸŽ—๏ธ The American Cancer Society is using Gitcoin for decentralized cancer research funding.

๐ŸŒ A scammer group targeted BAYC owner Crumz posing as Forbes staff doing an interview. Luckily they failed.

#dailysummary #newsbrief
ยท
--
Bullish
Hey there ๐Ÿซต๐Ÿผ No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ Ready to dive in? ใ€ฝ๏ธ ๐Ÿ‡ฌ๐Ÿ‡ง UK regulators are advocating for asset and investment managers to tokenize funds. ๐Ÿšฏ Blast Network denies centralization claims and reaches $400 million Total Value Locked. ๐Ÿ‘จโ€โš–๏ธ CZ's legal team contests the motion restricting his travel until sentencing. ๐Ÿ”ต Coinbase stock price is at a 1.5-year high. ๐Ÿ‡ฆ๐Ÿ‡ท Argentinian President Javier Milei confirmed his commitment to close the Argentinian Central Bank. ๐Ÿ‡ Azuki DAO is rebranding to Bean and is withdrawing efforts to sue Azuki's founder. They are now developing a Blast network memecoin. #dailysummary #newsbrief
Hey there ๐Ÿซต๐Ÿผ

No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ

Ready to dive in? ใ€ฝ๏ธ

๐Ÿ‡ฌ๐Ÿ‡ง UK regulators are advocating for asset and investment managers to tokenize funds.

๐Ÿšฏ Blast Network denies centralization claims and reaches $400 million Total Value Locked.

๐Ÿ‘จโ€โš–๏ธ CZ's legal team contests the motion restricting his travel until sentencing.

๐Ÿ”ต Coinbase stock price is at a 1.5-year high.

๐Ÿ‡ฆ๐Ÿ‡ท Argentinian President Javier Milei confirmed his commitment to close the Argentinian Central Bank.

๐Ÿ‡ Azuki DAO is rebranding to Bean and is withdrawing efforts to sue Azuki's founder. They are now developing a Blast network memecoin.

#dailysummary #newsbrief
ยท
--
Hey there ๐Ÿซต๐Ÿผ No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ Ready to dive in? ใ€ฝ๏ธ ๐Ÿฅท KyberSwap DEX has been exploited for $46 million across multiple blockchains. The hacker left an on-chain message saying negotiations would start after they were fully rested ๐Ÿชช Alchemy Pay receives a money service license in Iowa ๐Ÿค‘ Netflix director for the TV show Conquest took $4 million from the show's budget to bet on Dogecoin. He made $27 million on the trade โ›ฑ๏ธ The UK finance minister announced new legislation to boost the digital asset sector, called the Digital Securities Sandbox โ™พ๏ธ Evernode delays airdrop and their layer two launch to December 18 ๐Ÿช™ South Korea announced its CBDC pilot with 100,000 citizens in Q1 2024 ๐Ÿฆ Austrias Raiffeisen Bank is rolling out crypto trading for retail customers in January 2024 ๐Ÿ™Š Bitcoinsโ€™ third-largest mining pool seems to be censoring transactions from U.S sanctioned addresses ๐ŸŽฎ Game Studio Matr1x raises $10 million for their mobile NFT shooter ๐Ÿคจ Ethereum's new layer two, Blast, faces community scepticism over its invite mechanisms, with debates on its legitimacy ๐Ÿชถ U.S. prosecutor says CZ poses a serious risk of flight, forbidden from leaving the country ๐Ÿ˜ข A Bitcoin transaction incurs an unusually high fee of $3.1 million (85.22 BTC). #dailysummary #newsbrief
Hey there ๐Ÿซต๐Ÿผ

No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ

Ready to dive in? ใ€ฝ๏ธ

๐Ÿฅท KyberSwap DEX has been exploited for $46 million across multiple blockchains. The hacker left an on-chain message saying negotiations would start after they were fully rested

๐Ÿชช Alchemy Pay receives a money service license in Iowa

๐Ÿค‘ Netflix director for the TV show Conquest took $4 million from the show's budget to bet on Dogecoin. He made $27 million on the trade

โ›ฑ๏ธ The UK finance minister announced new legislation to boost the digital asset sector, called the Digital Securities Sandbox

โ™พ๏ธ Evernode delays airdrop and their layer two launch to December 18

๐Ÿช™ South Korea announced its CBDC pilot with 100,000 citizens in Q1 2024

๐Ÿฆ Austrias Raiffeisen Bank is rolling out crypto trading for retail customers in January 2024

๐Ÿ™Š Bitcoinsโ€™ third-largest mining pool seems to be censoring transactions from U.S sanctioned addresses

๐ŸŽฎ Game Studio Matr1x raises $10 million for their mobile NFT shooter

๐Ÿคจ Ethereum's new layer two, Blast, faces community scepticism over its invite mechanisms, with debates on its legitimacy

๐Ÿชถ U.S. prosecutor says CZ poses a serious risk of flight, forbidden from leaving the country

๐Ÿ˜ข A Bitcoin transaction incurs an unusually high fee of $3.1 million (85.22 BTC).

#dailysummary #newsbrief
ยท
--
Bullish
Hey there ๐Ÿซต๐Ÿผ No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ Ready to dive in? ใ€ฝ๏ธ ๐Ÿ‘ฉโ€โš–๏ธ Binance agrees to a $4.3 billion settlement; CEO CZ released on $175 million bail. ๐Ÿšช Binance will leave the United States after CZ's resignation as CEO ๐Ÿ’ธ Binance already had $1 billion in outflows after CZ's resignation; Fears of a bank run are growing ๐Ÿคข The HECO Chain bridge has been compromised. Over $86 million in $ETH, $Shib, $Link and more was sent to third-party address ๐Ÿ‘จโ€โš–๏ธ Genesis is suing Gemini to recover ~$690 million ๐Ÿ“‰ Over $200 million of futures were liquidated as Bitcoin fell below $36,000 after the Binance settlement. ๐Ÿช™ New Zealand launches stablecoin $NZDD in partnership with Australian crypto firm Labrys. ๐Ÿ“‡ Circle is publishing a new standard for bridged $USDC, making it easier for developers to onboard $USDC to new blockchains. ๐ŸŽ A class action lawsuit against Apple alleges an anti-crypto agreement with competitors. ๐ŸฆŽ CoinGecko acquires NFT data infrastructure startup Zash ๐Ÿ‡ช๐Ÿ‡บ Belgium is seeking to restart the European Union blockchain infrastructure project in early 2024 ๐Ÿ’Œ Mt. Gox creates new hope with another โ€œcommencement of repaymentโ€ email to its creditors. The first repayments to still happen in 2023 ๐Ÿ• Shibburn, a Shibarium burn tracker, alleges financial and governance misconduct by Shiba Inu's leadership, labelling the ecosystem as 'rigged'. #dailysummary #newsbrief
Hey there ๐Ÿซต๐Ÿผ

No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ

Ready to dive in? ใ€ฝ๏ธ

๐Ÿ‘ฉโ€โš–๏ธ Binance agrees to a $4.3 billion settlement; CEO CZ released on $175 million bail.

๐Ÿšช Binance will leave the United States after CZ's resignation as CEO

๐Ÿ’ธ Binance already had $1 billion in outflows after CZ's resignation; Fears of a bank run are growing

๐Ÿคข The HECO Chain bridge has been compromised. Over $86 million in $ETH , $Shib, $Link and more was sent to third-party address

๐Ÿ‘จโ€โš–๏ธ Genesis is suing Gemini to recover ~$690 million

๐Ÿ“‰ Over $200 million of futures were liquidated as Bitcoin fell below $36,000 after the Binance settlement.

๐Ÿช™ New Zealand launches stablecoin $NZDD in partnership with Australian crypto firm Labrys.

๐Ÿ“‡ Circle is publishing a new standard for bridged $USDC , making it easier for developers to onboard $USDC to new blockchains.

๐ŸŽ A class action lawsuit against Apple alleges an anti-crypto agreement with competitors.

๐ŸฆŽ CoinGecko acquires NFT data infrastructure startup Zash

๐Ÿ‡ช๐Ÿ‡บ Belgium is seeking to restart the European Union blockchain infrastructure project in early 2024

๐Ÿ’Œ Mt. Gox creates new hope with another โ€œcommencement of repaymentโ€ email to its creditors. The first repayments to still happen in 2023

๐Ÿ• Shibburn, a Shibarium burn tracker, alleges financial and governance misconduct by Shiba Inu's leadership, labelling the ecosystem as 'rigged'.

#dailysummary #newsbrief
ยท
--
Bullish
Hey there ๐Ÿซต๐Ÿผ No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ Ready to dive in? ใ€ฝ๏ธ ๐Ÿ›‘ Bittrex Global will wind down operations on December 4. Withdraw your funds! ๐Ÿช‚ Pyth Airdrop is live! 90,000 wallets are eligible ๐Ÿ‘จโ€โš–๏ธ ENS founder told Coindesk heโ€™s โ€œprepared to go to the matโ€ in an intellectual property dispute with Unstoppable Domains ๐Ÿ™ SEC sues Kraken for โ€œOperating Unregistered platformโ€ and โ€œimproperly mixing customer fundsโ€. The Crypto community and a few Senators are enraged ๐Ÿ† Fantom Foundation awards a $1.7 million bounty to a security researcher . They prevented a potential $170 million exploit. ๐Ÿ“ˆ Phoenix Group says the UAE Initial Share sale was 33 times oversubscribed. They raised $368 million for 18% of the company. ๐Ÿ’ฐ AVAX ecosystem to receive $10 million boost from Colony Lab accelerator ๐Ÿ‘จโ€โš–๏ธ Aragon DAO votes to sue founders over shutting down its governance and token without consulting the community first ๐Ÿ›๏ธ Binance may face a $4 billion penalty or possible criminal charges against CZ in negotiations with the U.S DOJ #dailysummary #newsbrief
Hey there ๐Ÿซต๐Ÿผ

No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ

Ready to dive in? ใ€ฝ๏ธ

๐Ÿ›‘ Bittrex Global will wind down operations on December 4. Withdraw your funds!

๐Ÿช‚ Pyth Airdrop is live! 90,000 wallets are eligible

๐Ÿ‘จโ€โš–๏ธ ENS founder told Coindesk heโ€™s โ€œprepared to go to the matโ€ in an intellectual property dispute with Unstoppable Domains

๐Ÿ™ SEC sues Kraken for โ€œOperating Unregistered platformโ€ and โ€œimproperly mixing customer fundsโ€. The Crypto community and a few Senators are enraged

๐Ÿ† Fantom Foundation awards a $1.7 million bounty to a security researcher . They prevented a potential $170 million exploit.

๐Ÿ“ˆ Phoenix Group says the UAE Initial Share sale was 33 times oversubscribed. They raised $368 million for 18% of the company.

๐Ÿ’ฐ AVAX ecosystem to receive $10 million boost from Colony Lab accelerator

๐Ÿ‘จโ€โš–๏ธ Aragon DAO votes to sue founders over shutting down its governance and token without consulting the community first

๐Ÿ›๏ธ Binance may face a $4 billion penalty or possible criminal charges against CZ in negotiations with the U.S DOJ

#dailysummary #newsbrief
ยท
--
Bullish
Hey there ๐Ÿซต๐Ÿผ No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ Ready to dive in? ใ€ฝ๏ธ ๐Ÿ‡ฆ๐Ÿ‡ท Argentinian pro-bitcoin presidential candidate, Javier Milei, won the presidential election ๐Ÿ’ธ Crypto gaming protocol Saga raises $5 million in latest seed extension round ๐Ÿ  Japan's Ichigo exchange plans to start trading digital securities on the 25th of December. They plan to offer $20 million of โ€œdigital securitiesโ€ backed by real estate ๐Ÿ•น๏ธ Aptos partners with gaming platform READYgg to bring multiple games over to the Aptos chain ๐Ÿ›‘ Kronos research halts trading after a $25 million API exploit happened yesterday. ๐Ÿ’ฐ CoinDesk has been bought by Bullish Exchange. Former NYSE President Tom Farley runs the exchange ๐ŸงŠ Tether freezes $225 million in $USDT linked to a human trafficking syndicate in cooperation with the DOJ. This is the biggest stablecoin freeze to date ๐Ÿฑโ€๐Ÿ‘ค Poloniex reports that the hackersโ€™ identity of the recent $120 million exploit is known. They offer a โ€œlast bountyโ€ of 10% of the drained funds #dailysummary #newsbrief
Hey there ๐Ÿซต๐Ÿผ

No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ

Ready to dive in? ใ€ฝ๏ธ

๐Ÿ‡ฆ๐Ÿ‡ท Argentinian pro-bitcoin presidential candidate, Javier Milei, won the presidential election

๐Ÿ’ธ Crypto gaming protocol Saga raises $5 million in latest seed extension round

๐Ÿ  Japan's Ichigo exchange plans to start trading digital securities on the 25th of December. They plan to offer $20 million of โ€œdigital securitiesโ€ backed by real estate

๐Ÿ•น๏ธ Aptos partners with gaming platform READYgg to bring multiple games over to the Aptos chain

๐Ÿ›‘ Kronos research halts trading after a $25 million API exploit happened yesterday.

๐Ÿ’ฐ CoinDesk has been bought by Bullish Exchange. Former NYSE President Tom Farley runs the exchange

๐ŸงŠ Tether freezes $225 million in $USDT linked to a human trafficking syndicate in cooperation with the DOJ. This is the biggest stablecoin freeze to date

๐Ÿฑโ€๐Ÿ‘ค Poloniex reports that the hackersโ€™ identity of the recent $120 million exploit is known. They offer a โ€œlast bountyโ€ of 10% of the drained funds

#dailysummary #newsbrief
ยท
--
Bullish
Hey there ๐Ÿซต๐Ÿผ No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ Ready to dive in? ใ€ฝ๏ธ ๐Ÿฃ Sushi is using ZetaChain to begin testing native Bitcoin swaps over 30 chains ๐Ÿ”บ Texas State Security Board accuses 'GS' network of running a multilevel marketing scheme with real estate tokens ๐Ÿ—ฃ๏ธ A Polkadot ecosystem debate is gaining steam as more criticism over the efficacy of the current Polkadot management arises ๐Ÿ†• Aave rebrands to Avara and will be the new parent company to Aave, Lens, GHO stablecoin, Sonar, and others. ๐Ÿšญ Snoop Dogg's "giving up smoke" statement stirs emotion in the crypto community. Polymarket opens betting on his 2023 smoking habits. ๐Ÿ†“ Ubisoft will give away free Ethereum NFTs for their new game Champions Tactics: Grimoria Chronicles ๐ŸŒ• Doge to the moon: Astrobotic announces plans to take a physical Dogecoin to the moon on December 23. ๐Ÿ›๏ธ ENS developer Nick.eth voices concerns about Unstoppable Domains' blockchain domain name patents, claiming they're based on ENS's developments. ๐Ÿฅท Crypto miners were found in the highest Polish court air vent system. ๐Ÿšช Binance counter-terrorism official has left the company after two years ๐Ÿ’ธ Crypto lobby spending in 2023 is set to surpass last year's; already at $20 million compared to $22.2 million total in 2022 ๐Ÿ’ณ Mastercard says the adoption of CBDCs has no justification as people are comfortable using today's money standards #newsbrief #dailysummary
Hey there ๐Ÿซต๐Ÿผ

No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ

Ready to dive in? ใ€ฝ๏ธ

๐Ÿฃ Sushi is using ZetaChain to begin testing native Bitcoin swaps over 30 chains

๐Ÿ”บ Texas State Security Board accuses 'GS' network of running a multilevel marketing scheme with real estate tokens

๐Ÿ—ฃ๏ธ A Polkadot ecosystem debate is gaining steam as more criticism over the efficacy of the current Polkadot management arises

๐Ÿ†• Aave rebrands to Avara and will be the new parent company to Aave, Lens, GHO stablecoin, Sonar, and others.

๐Ÿšญ Snoop Dogg's "giving up smoke" statement stirs emotion in the crypto community. Polymarket opens betting on his 2023 smoking habits.

๐Ÿ†“ Ubisoft will give away free Ethereum NFTs for their new game Champions Tactics: Grimoria Chronicles

๐ŸŒ• Doge to the moon: Astrobotic announces plans to take a physical Dogecoin to the moon on December 23.

๐Ÿ›๏ธ ENS developer Nick.eth voices concerns about Unstoppable Domains' blockchain domain name patents, claiming they're based on ENS's developments.

๐Ÿฅท Crypto miners were found in the highest Polish court air vent system.

๐Ÿšช Binance counter-terrorism official has left the company after two years

๐Ÿ’ธ Crypto lobby spending in 2023 is set to surpass last year's; already at $20 million compared to $22.2 million total in 2022

๐Ÿ’ณ Mastercard says the adoption of CBDCs has no justification as people are comfortable using today's money standards

#newsbrief #dailysummary
ยท
--
Bullish
Hey there ๐Ÿซต๐Ÿผ No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ Ready to dive in? ใ€ฝ๏ธ ๐Ÿ”ต South Korean pension fund buys ~$20 million in Coinbase shares ๐ŸŽฎ G2A, a gaming distributor and key marketplace is launching a gaming-focused NFT marketplace ๐Ÿ™…โ€โ™‚๏ธ Solana Labs denies a report by CertiK about a bootloader vulnerability in their Solana phones. They claim the report is โ€œentirely inaccurateโ€ ๐Ÿ‘ณโ€โ™‚๏ธ A group of lawmakers are asking President Biden and Secretary Yellen to quantify their claims about the extent of Hamas crypto funding ๐Ÿ’ธ Blackrock is filing a Spot Ether ETF in Delaware ๐Ÿช™ Singapore is starting a live trial for its wholesale CBDC ๐Ÿ’ต Paxos is planning a new dollar-backed stablecoin for Singapore-based operations ๐Ÿ‘ฉโ€โš–๏ธ Do Kwon has to serve four months in Montenegro jail over a fake passport. After the sentence, he faces extradition to the United States or South Korea ๐Ÿ‡ต๐Ÿ‡ญ Philippine Government to sell Tokenized treasury bonds for a minimum target of 10 billion pesos ($180 million) ๐Ÿ•น๏ธ PancakeSwap opens its doors for GameFi tokens in the latest bout of supporting crypto gaming ๐Ÿ–ผ๏ธ New York Museum of Modern Art added their first two tokenized artworks to their collection ๐ŸŒ‰ Union Labs raised $ 4 million for the development of a ZK-powered cross-chain bridge ๐Ÿ‡น๐Ÿ‡ญ Binance is launching a Thailand-based exchange in a joint venture with Gulf Energy, a local energy giant ๐Ÿ‡บ๐Ÿ‡ธ US Congress members call for the invalidation of SEC's SAB 121, a rule requiring crypto custody services to hold capital against virtual assets. ๐Ÿ‘Ž The Managing Director of the Monetary Authority of Singapore said crypto has performed poorly in the test of digital money ๐ŸŒง๏ธ A group of bipartisan U.S lawmakers have urged the Treasury to revise their proposed crypto asset tax regime ๐Ÿช‚ Pyth retroactive airdrop will open on Monday, November 20 at 2 pm UTC #dailysummary #newsbrief
Hey there ๐Ÿซต๐Ÿผ

No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ

Ready to dive in? ใ€ฝ๏ธ

๐Ÿ”ต South Korean pension fund buys ~$20 million in Coinbase shares

๐ŸŽฎ G2A, a gaming distributor and key marketplace is launching a gaming-focused NFT marketplace

๐Ÿ™…โ€โ™‚๏ธ Solana Labs denies a report by CertiK about a bootloader vulnerability in their Solana phones. They claim the report is โ€œentirely inaccurateโ€

๐Ÿ‘ณโ€โ™‚๏ธ A group of lawmakers are asking President Biden and Secretary Yellen to quantify their claims about the extent of Hamas crypto funding

๐Ÿ’ธ Blackrock is filing a Spot Ether ETF in Delaware

๐Ÿช™ Singapore is starting a live trial for its wholesale CBDC

๐Ÿ’ต Paxos is planning a new dollar-backed stablecoin for Singapore-based operations

๐Ÿ‘ฉโ€โš–๏ธ Do Kwon has to serve four months in Montenegro jail over a fake passport. After the sentence, he faces extradition to the United States or South Korea

๐Ÿ‡ต๐Ÿ‡ญ Philippine Government to sell Tokenized treasury bonds for a minimum target of 10 billion pesos ($180 million)

๐Ÿ•น๏ธ PancakeSwap opens its doors for GameFi tokens in the latest bout of supporting crypto gaming

๐Ÿ–ผ๏ธ New York Museum of Modern Art added their first two tokenized artworks to their collection

๐ŸŒ‰ Union Labs raised $ 4 million for the development of a ZK-powered cross-chain bridge

๐Ÿ‡น๐Ÿ‡ญ Binance is launching a Thailand-based exchange in a joint venture with Gulf Energy, a local energy giant

๐Ÿ‡บ๐Ÿ‡ธ US Congress members call for the invalidation of SEC's SAB 121, a rule requiring crypto custody services to hold capital against virtual assets.

๐Ÿ‘Ž The Managing Director of the Monetary Authority of Singapore said crypto has performed poorly in the test of digital money

๐ŸŒง๏ธ A group of bipartisan U.S lawmakers have urged the Treasury to revise their proposed crypto asset tax regime

๐Ÿช‚ Pyth retroactive airdrop will open on Monday, November 20 at 2 pm UTC

#dailysummary #newsbrief
ยท
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Bullish
Hey there ๐Ÿซต๐Ÿผ No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ Ready to dive in? ใ€ฝ๏ธ ๐Ÿ‡ฐ๐Ÿ‡ฟ Kazakhstan Central Bank plans to implement CBDC by the end of 2025 ๐Ÿฅจ German Commerzbank received a crypto custody license ๐Ÿ‘จโ€โœˆ๏ธ Singapore introduces 5 new asset tokenization pilot projects ๐Ÿฐ Disney launches NFT platform โ€œDisney Pinnacleโ€ in cooperation with Dapper Labs ๐Ÿค Chainlink awards $300k to a white hat hacker for discovering a vulnerability ๐Ÿ“ˆ Crypto market net inflow became positive for the first time in 1.5 years ๐Ÿ‘จโ€โš–๏ธ Delaware State has referred fake XRP filing rumours to the Delaware Department of Justice ๐Ÿ“น IMF chief says CBDCs can replace hard currency in the future and suggests private companies prepare ๐Ÿ’ National Hockey League launches NFT collectibles platform supporting Ethereum, Polygon, and Tezos NFTs ๐ŸŽฃ OpenSea users report massive phishing campaign ๐Ÿฅ… OKX launches layer two testnet using ZK-based Polygon tech ๐Ÿฌ Dairy Queen is opening NFT powered Pop Up Store in Chengdu, China ๐Ÿชช Virtual asset custodian, Hex Trust, receives Dubai crypto license ๐Ÿ”œ Bank of America says that U.S CBDC is unlikely to be coming soon ๐ŸŸฅ Optimism is testing an alternative data availability chain called Redstone. The goal is to make gaming and applications more viable for blockchain use cases #dailysummary #newsbrief
Hey there ๐Ÿซต๐Ÿผ

No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ

Ready to dive in? ใ€ฝ๏ธ

๐Ÿ‡ฐ๐Ÿ‡ฟ Kazakhstan Central Bank plans to implement CBDC by the end of 2025

๐Ÿฅจ German Commerzbank received a crypto custody license

๐Ÿ‘จโ€โœˆ๏ธ Singapore introduces 5 new asset tokenization pilot projects

๐Ÿฐ Disney launches NFT platform โ€œDisney Pinnacleโ€ in cooperation with Dapper Labs

๐Ÿค Chainlink awards $300k to a white hat hacker for discovering a vulnerability

๐Ÿ“ˆ Crypto market net inflow became positive for the first time in 1.5 years

๐Ÿ‘จโ€โš–๏ธ Delaware State has referred fake XRP filing rumours to the Delaware Department of Justice

๐Ÿ“น IMF chief says CBDCs can replace hard currency in the future and suggests private companies prepare

๐Ÿ’ National Hockey League launches NFT collectibles platform supporting Ethereum, Polygon, and Tezos NFTs

๐ŸŽฃ OpenSea users report massive phishing campaign

๐Ÿฅ… OKX launches layer two testnet using ZK-based Polygon tech

๐Ÿฌ Dairy Queen is opening NFT powered Pop Up Store in Chengdu, China

๐Ÿชช Virtual asset custodian, Hex Trust, receives Dubai crypto license

๐Ÿ”œ Bank of America says that U.S CBDC is unlikely to be coming soon

๐ŸŸฅ Optimism is testing an alternative data availability chain called Redstone. The goal is to make gaming and applications more viable for blockchain use cases

#dailysummary #newsbrief
ยท
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Bullish
Hey there ๐Ÿซต๐Ÿผ No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ Ready to dive in? ใ€ฝ๏ธ ๐Ÿคฅ XRP price surged then fell following false rumors of an ETF launch. ๐Ÿคก Australia updated its capital gains tax rules to include wrapping tokens as taxable events ๐Ÿ“ South Korea mandates parliamentary candidates to disclose their crypto holdings ๐Ÿ‡ซ๐Ÿ‡ท Crypto is the second most popular investment asset in France, according to a survey from spring 2023 ๐Ÿ’ธ Raft protocol got exploited due to a precision calculation bug, overlooked by auditing firms. The attack resulted in a loss of $6.7 million. ๐Ÿช™ Fnality, a crypto payment firm, has raised $95 million led by Goldman Sachs and BNP Paribas ๐Ÿ‘ฉโ€โš–๏ธ Judge rules BlockFi and FTX can begin mediation over fund disputes. ๐Ÿชช Crypto dot com received a digital asset license in Dubai ๐ŸŒ• $Moon rallied 150% after r/cryptocurrency moderators promised to take over Moon token development and value accrual measures ๐Ÿงฏ Memetoken $GROK has tanked after ZachXBT linked the developer with multiple prior rugs #DailyNews #dailysummary
Hey there ๐Ÿซต๐Ÿผ

No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ

Ready to dive in? ใ€ฝ๏ธ

๐Ÿคฅ XRP price surged then fell following false rumors of an ETF launch.

๐Ÿคก Australia updated its capital gains tax rules to include wrapping tokens as taxable events

๐Ÿ“ South Korea mandates parliamentary candidates to disclose their crypto holdings

๐Ÿ‡ซ๐Ÿ‡ท Crypto is the second most popular investment asset in France, according to a survey from spring 2023

๐Ÿ’ธ Raft protocol got exploited due to a precision calculation bug, overlooked by auditing firms. The attack resulted in a loss of $6.7 million.

๐Ÿช™ Fnality, a crypto payment firm, has raised $95 million led by Goldman Sachs and BNP Paribas

๐Ÿ‘ฉโ€โš–๏ธ Judge rules BlockFi and FTX can begin mediation over fund disputes.

๐Ÿชช Crypto dot com received a digital asset license in Dubai

๐ŸŒ• $Moon rallied 150% after r/cryptocurrency moderators promised to take over Moon token development and value accrual measures

๐Ÿงฏ Memetoken $GROK has tanked after ZachXBT linked the developer with multiple prior rugs

#DailyNews #dailysummary
ยท
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Bullish
Hey there ๐Ÿซต๐Ÿผ No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ Ready to dive in? ใ€ฝ๏ธ ๐Ÿ’ธ Tether has minted $4 billion $USDT in the last four weeks ๐Ÿ›Ž๏ธ Chinese hackers have created a fake Skype app to target crypto users. ๐Ÿฅท Hackers claim to have read out personal information like selfies and other customer data from Coin Cloud, a Bitcoin ATM operator ๐Ÿ—  South Korean exchange Bithumb plans an IPO for the second half of 2025 ๐ŸŒŠ The IRS has received over 120,000 comments on its new crypto tax proposal ๐Ÿ‡ญ๐Ÿ‡ฐ Bitget exchange has plans to get a crypto license in Hong Kong ๐Ÿ’ฐ The number of Bitcoin millionaire wallets has tripled to nearly 82,000 this year ๐Ÿ‘จโ€โš–๏ธ FTX files lawsuit against Bybit for withdrawing over $900 million in funds before FTX's collapse โ–ถ๏ธ Aave lending markets are back on after a pause. A whitehat hacker had alarmed the community over a possible smart-contract vulnerability ๐Ÿช™ Uniswap has already accumulated over $1 million in fees since enabling their new frontend fee on the 17th of October ๐Ÿ—ž๏ธ Singapore-based Fund Foresight Ventures has bought a majority stake in The Block โ–ช๏ธ GBTC discount shrank to only 10% compared to spot Bitcoin value ๐Ÿ’ง A wallet linked to the Binance deployer wallet has been exploited for $27 million in $USDT ๐Ÿ‡ช๐Ÿ‡ธ Spanish regulators are eyeing a probe into X over crypto ads. They said they would โ€œscrupulously exercise all our capacitiesโ€ over fraudulent crypto asset promos ๐Ÿ›๏ธ Terraform Labs acquires cross-chain data provider Pulsar Finance #dailysummary
Hey there ๐Ÿซต๐Ÿผ

No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ

Ready to dive in? ใ€ฝ๏ธ

๐Ÿ’ธ Tether has minted $4 billion $USDT in the last four weeks

๐Ÿ›Ž๏ธ Chinese hackers have created a fake Skype app to target crypto users.

๐Ÿฅท Hackers claim to have read out personal information like selfies and other customer data from Coin Cloud, a Bitcoin ATM operator

๐Ÿ—  South Korean exchange Bithumb plans an IPO for the second half of 2025

๐ŸŒŠ The IRS has received over 120,000 comments on its new crypto tax proposal

๐Ÿ‡ญ๐Ÿ‡ฐ Bitget exchange has plans to get a crypto license in Hong Kong

๐Ÿ’ฐ The number of Bitcoin millionaire wallets has tripled to nearly 82,000 this year

๐Ÿ‘จโ€โš–๏ธ FTX files lawsuit against Bybit for withdrawing over $900 million in funds before FTX's collapse

โ–ถ๏ธ Aave lending markets are back on after a pause. A whitehat hacker had alarmed the community over a possible smart-contract vulnerability

๐Ÿช™ Uniswap has already accumulated over $1 million in fees since enabling their new frontend fee on the 17th of October

๐Ÿ—ž๏ธ Singapore-based Fund Foresight Ventures has bought a majority stake in The Block

โ–ช๏ธ GBTC discount shrank to only 10% compared to spot Bitcoin value

๐Ÿ’ง A wallet linked to the Binance deployer wallet has been exploited for $27 million in $USDT

๐Ÿ‡ช๐Ÿ‡ธ Spanish regulators are eyeing a probe into X over crypto ads. They said they would โ€œscrupulously exercise all our capacitiesโ€ over fraudulent crypto asset promos

๐Ÿ›๏ธ Terraform Labs acquires cross-chain data provider Pulsar Finance

#dailysummary
ยท
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Bullish
Hey there ๐Ÿซต๐Ÿผ No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ Ready to dive in? ใ€ฝ๏ธ ๐Ÿ”ต Coinbase is rolling out on-chain verification. On-chain verification lets users link their wallets to Coinbase. No personal information is published on-chain, but it could be required to interact with some base apps in the future ๐Ÿ‰ Singapore company Dtcpay is launching a retail crypto payment system for in-store and online payments โ›” BlackRock says the SEC lacks a basis for differentiating between spot ETFs and crypto futures ๐Ÿ‡ฎ๐Ÿ‡ณ Indian Supreme Court rejected a plea by the public about a crypto regulation framework ๐Ÿช™ Binance has stopped accepting ruble deposits ๐Ÿชจ The NFT community celebrates a nig EtherRocks buy. The sale of $209,000 raises hopes of a new NFT run ๐Ÿ“‰ Stars Arena's Total Value Locked fell under $100,000 on Thursday #dailysummary
Hey there ๐Ÿซต๐Ÿผ

No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ

Ready to dive in? ใ€ฝ๏ธ

๐Ÿ”ต Coinbase is rolling out on-chain verification. On-chain verification lets users link their wallets to Coinbase. No personal information is published on-chain, but it could be required to interact with some base apps in the future

๐Ÿ‰ Singapore company Dtcpay is launching a retail crypto payment system for in-store and online payments

โ›” BlackRock says the SEC lacks a basis for differentiating between spot ETFs and crypto futures

๐Ÿ‡ฎ๐Ÿ‡ณ Indian Supreme Court rejected a plea by the public about a crypto regulation framework

๐Ÿช™ Binance has stopped accepting ruble deposits

๐Ÿชจ The NFT community celebrates a nig EtherRocks buy. The sale of $209,000 raises hopes of a new NFT run

๐Ÿ“‰ Stars Arena's Total Value Locked fell under $100,000 on Thursday

#dailysummary
ยท
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Bullish
Hey there ๐Ÿซต๐Ÿผ No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ Ready to dive in? ใ€ฝ๏ธ ๐Ÿ‘จโ€โš–๏ธ Ripple CEO tells Bloomberg they're prepared to escalate SEC battle to the Supreme Court. ๐Ÿ’ฆ Poloniex exchange suffered a $120 million exploit today ๐Ÿช‚ Courtyard announces free Pokรฉmon card NFT drop from November 13-17. ๐Ÿ“ธ 48 countries committed to an alliance against crypto tax evasion. The program will go live in 2027 ๐Ÿฆ‡ Ethereum has turned deflationary again as fee burns speed up with price surge ๐ŸŽฎ Roblox CEO envisions NFTs as a future component of the gaming world. ๐ŸŸฅ Japanese Investment Bank Nomura launches ETH fund via Laser Digital ๐Ÿค‘ MicroStrategy Bitcoin holdings are over $1.2 billion in profit โœ”๏ธ BlackRock's Ethereum ETF confirmed in Nasdaq filing ๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria partners with Raspberry Pi Foundation to launch coding clubs, boosting digital literacy ๐Ÿ”ถ Turkish lira has become one of the top fiat trading currencies on Binance ๐Ÿฆ„ Scammers create fake CertiK and ZachXBT profiles for a 'Uniswap was hacked' phishing scheme; the number of victims stays unknown ๐Ÿ†™ Bitcoin fees are up 20x since August. The reason is a renewed interest in Ordinals ๐Ÿฆพ JPMorgan adds programmable conditions to its digital asset platform, enabling conditional buy and sell triggers.
Hey there ๐Ÿซต๐Ÿผ

No time to keep up with crypto yesterday? No worries, I've saved the important news ๐Ÿ’ผ

Ready to dive in? ใ€ฝ๏ธ

๐Ÿ‘จโ€โš–๏ธ Ripple CEO tells Bloomberg they're prepared to escalate SEC battle to the Supreme Court.

๐Ÿ’ฆ Poloniex exchange suffered a $120 million exploit today

๐Ÿช‚ Courtyard announces free Pokรฉmon card NFT drop from November 13-17.

๐Ÿ“ธ 48 countries committed to an alliance against crypto tax evasion. The program will go live in 2027

๐Ÿฆ‡ Ethereum has turned deflationary again as fee burns speed up with price surge

๐ŸŽฎ Roblox CEO envisions NFTs as a future component of the gaming world.

๐ŸŸฅ Japanese Investment Bank Nomura launches ETH fund via Laser Digital

๐Ÿค‘ MicroStrategy Bitcoin holdings are over $1.2 billion in profit

โœ”๏ธ BlackRock's Ethereum ETF confirmed in Nasdaq filing

๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria partners with Raspberry Pi Foundation to launch coding clubs, boosting digital literacy

๐Ÿ”ถ Turkish lira has become one of the top fiat trading currencies on Binance

๐Ÿฆ„ Scammers create fake CertiK and ZachXBT profiles for a 'Uniswap was hacked' phishing scheme; the number of victims stays unknown

๐Ÿ†™ Bitcoin fees are up 20x since August. The reason is a renewed interest in Ordinals

๐Ÿฆพ JPMorgan adds programmable conditions to its digital asset platform, enabling conditional buy and sell triggers.
ยท
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Bullish
Hey there ๐Ÿซต๐Ÿผ Missed the crypto buzz yesterday? No worries, I've saved the important news for you ๐Ÿ’ผ Ready to dive in? ใ€ฝ๏ธ ๐Ÿฏ Polygon Labs is launching an $85 million grant program to incentivize more builders in its ecosystem ๐Ÿน Cathie Wood's Ark Invest bought $9.5 million of Robinhood shares, accumulating while reducing GBTC holdings. ๐ŸŽฎ Immutable partners with Ubisoft's Strategic Innovation Lab to develop games with a seamless experience. ๐Ÿ’ก Yuga Labs confirms that UV-A lights in one part of the event were the cause of the eye and skin problems some visitors had after ApeFest ๐Ÿ•น๏ธ Crypto game Illuvium is set to list on Epic Games Store on November 28, tapping into 180 million users. ๐Ÿงฑ ZachXBT reports a potential $2 million exploit from CoinSpot wallet. 1262 ETH withdrawn in two transactions; CoinSpot has not yet commented ๐Ÿ‡ช๐Ÿ‡ธ Spanish National Securities Market Commission has opened a crypto infringement case against Miolos. The reason is they allegedly violated Crypto Advertising rules ๐Ÿ•ต๏ธโ€โ™‚๏ธ Prominent Swedish crypto figures appear to be targeted by criminals in real-world robberies ๐Ÿ’ฐ Spartan Capital reinvests into Pendle with an OTC purchase of an undisclosed amount ๐Ÿ—ณ๏ธ The Arbitrum DAO is divided over a proposal to allocate $2 million for a professional research group. ๐Ÿงพ India to cut its controversial crypto tax after it failed to show results
Hey there ๐Ÿซต๐Ÿผ

Missed the crypto buzz yesterday? No worries, I've saved the important news for you ๐Ÿ’ผ

Ready to dive in? ใ€ฝ๏ธ

๐Ÿฏ Polygon Labs is launching an $85 million grant program to incentivize more builders in its ecosystem

๐Ÿน Cathie Wood's Ark Invest bought $9.5 million of Robinhood shares, accumulating while reducing GBTC holdings.

๐ŸŽฎ Immutable partners with Ubisoft's Strategic Innovation Lab to develop games with a seamless experience.

๐Ÿ’ก Yuga Labs confirms that UV-A lights in one part of the event were the cause of the eye and skin problems some visitors had after ApeFest

๐Ÿ•น๏ธ Crypto game Illuvium is set to list on Epic Games Store on November 28, tapping into 180 million users.

๐Ÿงฑ ZachXBT reports a potential $2 million exploit from CoinSpot wallet. 1262 ETH withdrawn in two transactions; CoinSpot has not yet commented

๐Ÿ‡ช๐Ÿ‡ธ Spanish National Securities Market Commission has opened a crypto infringement case against Miolos. The reason is they allegedly violated Crypto Advertising rules

๐Ÿ•ต๏ธโ€โ™‚๏ธ Prominent Swedish crypto figures appear to be targeted by criminals in real-world robberies

๐Ÿ’ฐ Spartan Capital reinvests into Pendle with an OTC purchase of an undisclosed amount

๐Ÿ—ณ๏ธ The Arbitrum DAO is divided over a proposal to allocate $2 million for a professional research group.

๐Ÿงพ India to cut its controversial crypto tax after it failed to show results
ยท
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Bullish
Hey there ๐Ÿซต๐Ÿผ Missed the crypto buzz today? No worries, I've got the must-know news for you ๐Ÿ’ผ ๐Ÿ’™ Ready to dive in? ใ€ฝ๏ธ ๐Ÿ•น๏ธ Square Enix is entering crypto gaming with a bang. Their new project SYMBIOGENESIS is starting today. Their Discord activities to earn points and โ€œbuyโ€ rewards and win one of the 500 characters is live. ๐Ÿ‡ฐ๐Ÿ‡ท South Korean authorities busted a large-scale crypto scam worth $14 million. 25 people have been arrested. The scam was an MLM clothed as an exchange ๐Ÿ‡ช๐Ÿ‡บ The European Union has published a draft on liquidity and capital requirements for offering a euro stablecoin ๐Ÿ”ถ Binance launched a self-custody wallet for its 150 million users. The wallet contains an airdrop area, bridging, lending, and staking features ๐Ÿ‡จ๐Ÿ‡ญ Swiss crypto bank SEBA received a license in Hong Kong ๐Ÿฅ– The Head of the Bank for International Settlements (BIS) says that CBDCs are vital for innovating financial systems ๐Ÿฅƒ Grayscale's Chainlink Trust soars to a 200% premium, indicating high institutional demand. ๐ŸŒŠ Coatue reduced its stake in OpenSea and Moonpay by 90%, significantly lowering both platforms' valuations. ๐Ÿ—  USDC issuer Circle is considering an IPO in early 2024. ๐Ÿ“ต Wintermute claims that Near Foundation backed out of $11 million $USN stablecoin redemption deal ๐Ÿ’ฐ FTX has transferred about $316 million in assets to crypto exchanges, $187 million of it in $SOL tokens (4.8 million $ SOL) ๐Ÿน Robinhood plans to expand its crypto services into the EU and UK โ‚ฟ Both KuCoin and Gate are planning to support BRC-20 memecoin sats when โ€œliquidity requirements are metโ€ ๐Ÿ‡ธ๐Ÿ‡ป The second biggest merchant supplier in El Salvador is now accepting Bitcoin. The supplier has 40,000 merchants under its banner ๐Ÿค– A decentralized AI platform Ritual has raised $25 million. They aim to open access to AI infrastructure #newsbrief #DailyNews
Hey there ๐Ÿซต๐Ÿผ

Missed the crypto buzz today? No worries, I've got the must-know news for you ๐Ÿ’ผ ๐Ÿ’™

Ready to dive in? ใ€ฝ๏ธ

๐Ÿ•น๏ธ Square Enix is entering crypto gaming with a bang. Their new project SYMBIOGENESIS is starting today. Their Discord activities to earn points and โ€œbuyโ€ rewards and win one of the 500 characters is live.

๐Ÿ‡ฐ๐Ÿ‡ท South Korean authorities busted a large-scale crypto scam worth $14 million. 25 people have been arrested. The scam was an MLM clothed as an exchange

๐Ÿ‡ช๐Ÿ‡บ The European Union has published a draft on liquidity and capital requirements for offering a euro stablecoin

๐Ÿ”ถ Binance launched a self-custody wallet for its 150 million users. The wallet contains an airdrop area, bridging, lending, and staking features

๐Ÿ‡จ๐Ÿ‡ญ Swiss crypto bank SEBA received a license in Hong Kong

๐Ÿฅ– The Head of the Bank for International Settlements (BIS) says that CBDCs are vital for innovating financial systems

๐Ÿฅƒ Grayscale's Chainlink Trust soars to a 200% premium, indicating high institutional demand.

๐ŸŒŠ Coatue reduced its stake in OpenSea and Moonpay by 90%, significantly lowering both platforms' valuations.

๐Ÿ—  USDC issuer Circle is considering an IPO in early 2024.

๐Ÿ“ต Wintermute claims that Near Foundation backed out of $11 million $USN stablecoin redemption deal

๐Ÿ’ฐ FTX has transferred about $316 million in assets to crypto exchanges, $187 million of it in $SOL tokens (4.8 million $ SOL)

๐Ÿน Robinhood plans to expand its crypto services into the EU and UK

โ‚ฟ Both KuCoin and Gate are planning to support BRC-20 memecoin sats when โ€œliquidity requirements are metโ€

๐Ÿ‡ธ๐Ÿ‡ป The second biggest merchant supplier in El Salvador is now accepting Bitcoin. The supplier has 40,000 merchants under its banner

๐Ÿค– A decentralized AI platform Ritual has raised $25 million. They aim to open access to AI infrastructure

#newsbrief #DailyNews
ยท
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Layer 2 madness Everyone and their grandma now want to have their own Layer 2. I can see why; the fees are delicious. ๐Ÿ’ฐ_๐Ÿ’ฐ Just 3 months after Coinbase launched its Base L2, they already had over $8 million in fees. That translates to about $4.6 million in revenue, according to TK Research. But what about other effects? Do you think demand will keep up with every exchange, DAO, or protocol having its own custom layer? โ€Bridging is so fun; give me more.โ€ Said no one ever. ๐Ÿ’€ Is it the right way to go where you can make fast money? It might make sense for a very narrow view of the future, but what about the long-term effects? Fracturing liquidity further through dozens of new L2s canโ€™t be the solution. It feels more like you are squeezing your audience dry and farming the airdrop hunters for transaction fees. The result? ๐Ÿ”ฅ A burnt fanbase. ๐Ÿชฆ But maybe Iโ€™m overly sceptical. What do you think about the rising trend of launching L2s? Is fractured liquidity a non-problem?
Layer 2 madness

Everyone and their grandma now want to have their own Layer 2.

I can see why; the fees are delicious. ๐Ÿ’ฐ_๐Ÿ’ฐ

Just 3 months after Coinbase launched its Base L2, they already had over $8 million in fees. That translates to about $4.6 million in revenue, according to TK Research.

But what about other effects? Do you think demand will keep up with every exchange, DAO, or protocol having its own custom layer?

โ€Bridging is so fun; give me more.โ€ Said no one ever. ๐Ÿ’€

Is it the right way to go where you can make fast money?

It might make sense for a very narrow view of the future, but what about the long-term effects? Fracturing liquidity further through dozens of new L2s canโ€™t be the solution.

It feels more like you are squeezing your audience dry and farming the airdrop hunters for transaction fees.

The result?
๐Ÿ”ฅ A burnt fanbase. ๐Ÿชฆ

But maybe Iโ€™m overly sceptical.

What do you think about the rising trend of launching L2s? Is fractured liquidity a non-problem?
ยท
--
Hey there ๐Ÿซต๐Ÿผ Missed the crypto buzz today? No worries, I've got the must-know news for you ๐Ÿ’ผ ๐Ÿ’™ Ready to dive in? ใ€ฝ๏ธ โฒ๏ธ Dubai gives crypto service providers until November 17 to clear all licensing requirements ๐Ÿ—ณ๏ธ Rep. Tim Burchett proposes slashing SEC Chair Gary Gensler's salary to $1 over alleged regulatory overreach. ๐Ÿ‡ฐ๐Ÿ‡ฟ Kazakhstan has blocked Coinbase services for offering trading services of โ€œunsecured digital assetsโ€. ๐Ÿ‘ฎ Indian authorities arrested 18 people, including 4 police officers, on a $300 million crypto scam. The operation head is still at large. ๐Ÿ™ Kraken is considering partnering with Polygon Labs, Matter Labs, and the Nil Foundation to build its own Layer Two chain. ๐Ÿ”ต Coinbase is ending its support for Bitcoin SV. Coinbase further stated that not withdrawn coins will be liquidated by January 9, 2024. ๐Ÿฆถ Ava Labs cuts 12% of staff (~40 ppl.) to โ€œrealign resources for further expansionsโ€. ๐Ÿ‡ฐ๐Ÿ‡ช Kenyan lawmakers asked the local Blockchain Association to come up with a crypto bill draft. ๐Ÿ”ธ Binance spot trading market share fell to โ€œonlyโ€ 40%. Was still at 62% a year ago. Overall market share, including derivates is still around 51%. ๐Ÿšท The SEC is struggling to hire crypto experts. They state private-sector competition and the unwillingness of candidates to sell their crypto holdings as the biggest reasons. ๐Ÿช™ Elon Musk is denying rumours that X, Tesla, or SpaceX will ever issue a native crypto token. ๐ŸŒŒ Evmos is planning to stop accepting Cosmos-based transactions to only focus on EVM chains. The discontinuation of Cosmos transactions is planned to be finished by Q3 2024. ๐Ÿ’ถ StablR announced a $3.5 million seed round without specifying the valuation. They are issuers of the Euro stablecoin $EurR. ๐Ÿฅท Some accounts claim to have proof that the Chinese Communist Party is secretly controlling Ethereum. None of their โ€œproofโ€ has been shared so far; Comments are full of bots blindly agreeing with them.
Hey there ๐Ÿซต๐Ÿผ

Missed the crypto buzz today? No worries, I've got the must-know news for you ๐Ÿ’ผ ๐Ÿ’™

Ready to dive in? ใ€ฝ๏ธ

โฒ๏ธ Dubai gives crypto service providers until November 17 to clear all licensing requirements

๐Ÿ—ณ๏ธ Rep. Tim Burchett proposes slashing SEC Chair Gary Gensler's salary to $1 over alleged regulatory overreach.

๐Ÿ‡ฐ๐Ÿ‡ฟ Kazakhstan has blocked Coinbase services for offering trading services of โ€œunsecured digital assetsโ€.

๐Ÿ‘ฎ Indian authorities arrested 18 people, including 4 police officers, on a $300 million crypto scam. The operation head is still at large.

๐Ÿ™ Kraken is considering partnering with Polygon Labs, Matter Labs, and the Nil Foundation to build its own Layer Two chain.

๐Ÿ”ต Coinbase is ending its support for Bitcoin SV. Coinbase further stated that not withdrawn coins will be liquidated by January 9, 2024.

๐Ÿฆถ Ava Labs cuts 12% of staff (~40 ppl.) to โ€œrealign resources for further expansionsโ€.

๐Ÿ‡ฐ๐Ÿ‡ช Kenyan lawmakers asked the local Blockchain Association to come up with a crypto bill draft.

๐Ÿ”ธ Binance spot trading market share fell to โ€œonlyโ€ 40%. Was still at 62% a year ago. Overall market share, including derivates is still around 51%.

๐Ÿšท The SEC is struggling to hire crypto experts. They state private-sector competition and the unwillingness of candidates to sell their crypto holdings as the biggest reasons.

๐Ÿช™ Elon Musk is denying rumours that X, Tesla, or SpaceX will ever issue a native crypto token.

๐ŸŒŒ Evmos is planning to stop accepting Cosmos-based transactions to only focus on EVM chains. The discontinuation of Cosmos transactions is planned to be finished by Q3 2024.

๐Ÿ’ถ StablR announced a $3.5 million seed round without specifying the valuation. They are issuers of the Euro stablecoin $EurR.

๐Ÿฅท Some accounts claim to have proof that the Chinese Communist Party is secretly controlling Ethereum. None of their โ€œproofโ€ has been shared so far; Comments are full of bots blindly agreeing with them.
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