Coinbase said in a meeting with the SEC that the Ethereum ETF is a commodity stock.
https://www.sec.gov/comments/sr-nysearca-2023-70/srnysearca202370-442459-1130542.pdf
Sam Altman returns to the OpenAI board of directors.
The WLD price has increased by more than 40% in 24 hours.
https://twitter.com/sama/status/1766291001134715207
CyberConnect introduced the social layer 2 with restaking.
https://twitter.com/CyberConnectHQ/status/1766117169602163033
The Arbitrum community made a proposal to finance the legal defense of Roman Storm and Alexey Pertsev (Tornado Cash).
https://snapshot.org/#/arbitrumfoundation.eth/proposal/0xa819a4faf67d7b52272b2ddc8c5a48f87407269e689740fed781a29707c8f44c
Binance Labs invested in 4 projects of its Incubation Program: Cellula, Derivio, QnA3.AI, UXUY.
https://twitter.com/BinanceLabs/status/1766011339665821736
CoinList CEO: “Last sale with the queue. Enjoy it. New sale types coming soon.”
https://twitter.com/rargulati/status/1765776369915719852
MNet (NUUM) trading has started on Gate.io.
NUUM is now trading at $0.69 (1.5x from the token sale price: $0.45).
https://www.gate.io/trade/NUUM_USDT
Crypto Market Daily Review ☀️
The market is growing. Market cap is $2.56T. Bitcoin is trading at $66.8K
dropstab | icodrops | twitter | telegram
Investment fraud relating to crypto rose 53% in 2023, FBI says.
https://blockworks.co/news/fbi-crypto-investment-fraud-rising
EOS Foundation CEO: “Holy shit. Let it burn. EOS:2.”
The EOS price has increased by ~16% in 24 hours.
https://twitter.com/BigBeardSamurai/status/1765810449537212776
Binance introduced Futures NEXT, a platform that allows users to participate in token listings.
Users are rewarded for accurately predicting which tokens will be listed on the Binance Futures market in USDⓈ-M.
There are currently 22 tokens available for voting: AGI, TAO, PANDORA, WEN, AQT, COQ, RBN, AKT, MNT, LADYS, MPLX, STC, PROM, METIS, TURBO, OSMO, DEGO, FLR, ORN, PHA, QI, MOBILE.
https://www.binance.com/en/futures/next
Burnt announced the upcoming launch of the Xion mainnet.
As part of the announcement, Burnt Banksy symbolically set himself and the Xion letters on fire. Three years ago, a Banksy work was purchased and burned live by Burnt Banksy, turning it into an NFT.
Previously, Xion raised $11 million from investors including Circle Ventures and Animoca Brands.
Xion aims to simplify Web3 by removing technical complexities, making blockchain applications accessible to those unfamiliar with cryptocurrencies.
https://x.com/burnt_xion/status/1765530884004823426
AshPerp launches on-chain leveraged trading on MultiversX.
AshPerp is the first decentralized perpetual trading platform on the MultiversX blockchain.
https://multiversx.com/blog/ash-perp-perpetuals-multiversx
https://twitter.com/MultiversX/status/1765775130234388805
Injective announced it is launching inEVM Layer 2 rollup solution on mainnet.
https://www.theblock.co/post/280894/injective-inevm-layer-2-launches-on-mainnet-targeting-more-ethereum-cosmos-and-solana-collaboration
Aevo drop details:
▫️3% allocated to community
▫️4.5% allocated to Binance
▫️AEVO Total Supply: 1B
▫️RBN current price: $1.45
▫️AEVO FDV: ~ $1.45B
https://discord.com/channels/808777716396195851/808863574759440474/1214925355580661821
Fidelity cuts about 700 jobs, its first reduction since 2017.
The move affects less than 1% of the workforce, a spokesperson for Boston-based Fidelity said Friday in an emailed statement. The firm had about 74,000 employees at the end of last year.
https://www.bloomberg.com/news/articles/2024-03-08/fidelity-cuts-about-700-jobs-its-first-reduction-since-2017
A federal appeals court revived a lawsuit where investors accused Binance of violating U.S. securities laws by selling unregistered tokens that lost much of their value.
The appeal covered investors who had bought seven tokens - ELF, EOS, FUN, ICX, OMG, QSP and TRX - through Binance starting in 2017, and which soon lost much of their value.
https://www.reuters.com/technology/binance-must-face-revived-investor-lawsuit-us-over-crypto-losses-2024-03-08/
India earmarks $1.25B to boost growth of AI.
https://cointelegraph.com/news/india-earmarks-1-25-b-ai-growth
💧Current state of the market in our weekly overview
dropstab | icodrops | twitter | telegram
Arthur Hayes has introduced a new article, "Dust On Crust Part Deux".
https://twitter.com/CryptoHayes/status/1765899594444231117
Zircuit TVL has surpassed $500M.
https://chainwire.org/2024/03/07/zircuit-staking-program-breaks-500m-tvl-and-adds-ethena-integration/
SEC pushes back timeline on BlackRock's spot bitcoin ETF options trading application until April 24.
https://www.theblock.co/post/281191/sec-pushes-back-timeline-on-blackrocks-spot-bitcoin-etf-options-trading-application
BlackRock filed with the SEC to purchase spot Bitcoin ETFs for its Global Allocation Fund.
https://twitter.com/BitcoinMagazine/status/1765865046683345106
The first Chia halving has completed.
Next halving is in 1094 days.
https://halving.xchia.online/
The SEC delayed rule change proposals from Cboe, NYSE and Nasdaq to list options related to the bitcoin ETFs.
https://blockworks.co/news/sec-delays-bitcoin-etf-options-proposals
Clearpool introduces Clearpool AI Bot in collaboration with PAAL AI.
https://x.com/clearpoolfin/status/1765414713801003101
Arkham: Tesla currently holds 11.51K BTC ($780M) across 68 addresses, and SpaceX holds 8.29K BTC ($560M) across 28 addresses.
https://platform.arkhamintelligence.com/explorer/entity/tesla
The Masa Community Sale on CoinList starts in an hour.
Price: $0.079
Supply: 63,554,660 MASA tokens (4% of the total supply)
Lockup & Release: 25% released at TGE followed by a 6-month linear vesting; centralized exchange listing is expected to occur on or around April 11, 2024
Initial Purchase Limits: $50 minimum, $2,000 maximum (USDT/USDC only).
https://coinlist.co/masa
Pantera is seeking funds for the Pantera Solana Fund, which has an “opportunity” to buy up to $250 million worth of SOL tokens from the FTX estate.
https://www.bloomberg.com/news/articles/2024-03-07/pantera-raising-money-to-buy-250-million-solana-holding-from-ftx-sol