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Vitalik Buterin has published a new article „My techno-optimism“.
Overall, the article is an in-depth analysis of the impact of technology on society and emphasizes the importance of techno-optimism as a philosophy aimed at using technological advancement to improve people's lives.
https://vitalik.eth.limo/general/2023/11/27/techno_optimism.html
Bounce Finance has announced BSSB token launch details.
Staking Auction Round
https://app.bounce.finance/launchpad/-auction
Date: 11/29/2023, 4:00 UTC ~ 11/30/2023, 4:00 UTC
Total Supply: 6,300,000 BSSB
Staking Asset: AUCTION
Total Raise: $300,000
Guide: https://docs.bounce.finance/bounce-staking-auction-user-guide
Fixed-Price Round
https://app.bounce.finance/launchpad/bitstable
Date: 11/29/2023, 4:00 UTC ~ 11/30/2023, 4:00 UTC
Total Supply: 4,200,000 BSSB
Total Raise: $200,000
Price of BSSB: 1 BSSB = 0.0000233 ETH
Maximum Allocation Per Wallet: 1 ETH
Guide: https://docs.bounce.finance/auction-user-guide/fixed-price-auction-guides/participate-in-a-fixed-price-auction
https://bouncefinance.medium.com/bitstable-presents-the-bssb-token-launch-on-bounce-launchpad-7dcecea1a409
Co-founder of Spartan Group: “Surprised to hear from one of our industry contacts today that a major centralized crypto exchange that we were trading on had divulged our short positions to them. This is a major breach of client confidentiality and we will be cutting off our trading activity on this exchange (which I shall not shame publicly).”
https://x.com/spartanblack_1/status/1729329431406362786
The USTC price nearly halved after the official Terra account announced that Terraform Labs is not involved in Mint Cash in any capacity.
https://x.com/terra_money/status/1729159860858855658
Crypto Market Daily Review ☀️
The market is down. Market cap is $1.42T. Bitcoin is trading at $36.9K
dropstab | icodrops | twitter | telegram
After the news, TUSD has lost its peg to the U.S. dollar.
The TUSD price is now trading at ~$0.99.
Justin Sun: „TRON is a decentralized protocol, similar to Bitcoin and Ethereum, with nodes operating worldwide. Global super representatives are responsible for running this protocol. While we are committed to combating terrorist financing by integrating various analysis projects and partners, our top priority remains maintaining decentralization, ensuring the safety of everyone's assets, and providing instant, affordable, and reliable transactions, as has always been the case. I extend great appreciation to everyone in our industry who is contributing to the widespread adoption of cryptocurrency.“
https://dropstab.com/coins/true-usd
💧 Top RWA Projects by Fully Diluted Valuation
👉 https://dropstab.com/tab/rwa-by-fdv-zdj8egxciw
New Binance CEO Richard Teng says Binance is transforming from a tech startup to a traditional financial company.
https://fortune.com/crypto/2023/11/27/new-binance-ceo-richard-teng-board-financial-disclosures/
Reuters has published an article where TRON blockchain, founded by Justin Sun, is accused of being involved in terrorist financing schemes.
https://www.reuters.com/world/middle-east/new-crypto-front-emerges-israels-militant-financing-fight-2023-11-27/
Binance will delist BTS, PERL, TORN, WTC on 2023-12-07.
https://www.binance.com/en/support/announcement/binance-will-delist-bts-perl-torn-wtc-on-2023-12-07-d24dd4a035c443b1ad8cf49f60b9d194
Dan Robinson (researcher at Paradigm)said that Paradigm does not agree with the Blast decision to launch the bridge before the L2, or not to allow withdrawals for three months.
https://twitter.com/danrobinson/status/1728817674543862023
At the Devconnect conference in Turkey, Vitalik Buterin said he plans to rework Ethereum's staking and address issues affecting performance.
He recognises the UTXO payment model and hopes to integrate private mempools, ERC-4337, code pre-compilation, ZK-EVM and liquid staking into Ethereum.
Vitalik also expressed concern about the growing concentration of Ethereum liquid stabling in the proof-of-stake model.
https://www.youtube.com/watch?v=MWaNej58Wn0&t=6s
SBI Holdings has concluded a Memorandum of Understanding with Circle to circulate USDC stablecoins, establish a banking relationship and promote the use of Circle’s Web3 Services in Japan.
The Japanese government revised the Payment Services Act, on June 3, 2023 to establish regulations for stablecoins.
https://www.circle.com/en/pressroom/sbi-holdings-partners-with-circle-to-pioneer-digital-currency-innovation-in-japan-with-usdc-banking-and-web3-services
CEO of Binance Richard Teng posted a photo with Khabib and Ronaldo.
Users are waiting for new announcements of Binance's collaborations with celebrities.
https://twitter.com/_RichardTeng/status/1728770225896862052
ImmutableX TVL rose 39% in a week to $215 million.
https://l2beat.com/scaling/projects/immutablex
Arthur Hayes has published a new article "Panda Power".
Overall, the article emphasizes the complexity and multifaceted nature of China's influence on bitcoin mining and its broad implications for the global cryptocurrency ecosystem.
https://cryptohayes.substack.com/p/panda-power
Binance will support the Polygon (MATIC) network upgrade and hard fork.
This will take place at the Polygon block height of 50,523,000, or approximately on 2023-11-29.
Deposits and withdrawals of token(s) on the aforementioned network will be suspended approximately starting from 2023-11-29 11:30 UTC.
https://www.binance.com/en/support/announcement/binance-will-support-the-polygon-matic-network-upgrade-hard-fork-aa9384bbc2ca49ac9fd43be0dbf65f68
CZ: “Been reading about biotech, thinking about how to use crypto to accelerate research funding there.”
https://twitter.com/cz_binance/status/1729277854431527163
The Securities and Exchange Commission is still looking for evidence that Binance and its founder Changpeng Zhao may have a backdoor to control assets stored on the Binance.US platform.
https://www.wsj.com/livecoverage/stock-market-today-dow-jones-11-27-2023/card/sec-keeps-pressing-for-evidence-of-potential-fraud-at-binance-us-FteJJJqSg6PWXrwquJul
Judge denies ex-Binance CEO CZ from leaving US before sentencing.
https://x.com/watcherguru/status/1729215645043310780
Tether minted $1 billion USDT.
https://whale-alert.io/transaction/ethereum/0x5a8c2fc18b4ee40dad2887aed00e253666369e759334b77bf3a91b17245298b4
Arbitrum stands out with over 2.4M daily transactions on Nov 25th, surpassing Ethereum and other Layer2 platforms.
https://x.com/coin98analytics/status/1729129728345567550
A Bitcoin user claims a hacker stole over 139 BTC from them, connected to the record-breaking transaction fee of 83.65 BTC ($3.1 million) paid last week.
https://www.theblock.co/post/264744/bitcoin-hack-victim-record-3-million-transaction-fee
Binance Futures will launch the USDⓈ-M USTC Perpetual Contract at 2023-11-27 12:30 UTC, with up to 50x leverage.
The USTC price has increased by ~275% in 24 hours.
https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-m-ustc-perpetual-contract-with-up-to-50x-leverage-91deccb2e146483383617db8b8fcaba1
KyberSwap team recovered a total of ~$5.7m after a $47m hack.
The hacker got 10% as a bounty.
https://x.com/KyberNetwork/status/1728800315955437743
Stablecoin supplies has increased by an additional $2.2bn over the past two weeks - now up 2.8% over the past 90 days.
https://twitter.com/WClementeIII/status/1728881909168763009
Bounce Finance has introduced the launch of BitStable Protocol (BSSB) token.
BitStable Protocol is the platform through which anyone from anywhere can generate the DAII stablecoin against bitcoin ecosystem collateral assets.
Date: at 4:00 UTC on Nov 29th
Total Supply: 21,000,000 BSSB
Total Raise: $500,000
BSSB Token Launch on Bounce will be conducted in 2 rounds:
1. 60% for a Staking Auction (Stake AUCTION tokens to earn proportional BSSB allocations)
2. 40% for a Fixed Price Auction (1 BSSB = 0.0000233 ETH)
https://x.com/bounce_finance/status/1728994515359310106
Crypto Market Daily Review ☀️
The market is down. Market cap is $1.44T. Bitcoin is trading at $37.3K
dropstab | icodrops | twitter | telegram
The USTC price has increased by 155% in 24 hours and USTC is now trading at $0.04.
https://dropstab.com/coins/terrausd
SIPHER grew 60% in 24 hours and entered the top 300 in FDV ($192m).
https://dropstab.com/coins/sipher