A federal judge warned Securities and Exchange Commission (SEC) attorneys that he may sanction them for allegedly convincing a court to freeze a crypto firm Debt Box assets under "false and misleading" pretenses.
https://www.coindesk.com/tech/2023/12/01/us-judge-warns-sec-over-false-and-misleading-request-in-crypto-case/
DAO Maker has announced its next SHO — Finceptor.
Finceptor is a liquidity growth platform with 200,000 community members.
DAO Holder Round:
Start: 04. 12. 12:00 UTC
End: 11. 12. 12:00 UTC
SHO Raise: $300,000
Currency: DAO
https://daomaker.com/company/finceptor
Geometric Energy Corporation was issued an FCC license today for the DOGE-1 Mission to the Moon.
https://x.com/SamuelReidGEC/status/1730348534485094579
Binance's new CEO Richard Teng: On the AMA I was asked to take a 4 photo. I need my own thing, so I'll do the 3 instead.
It represents my 3 commitments as Binance CEO:
1) Being user-focused, always
2) Working with regulators to uphold standards
3) Collaborating with partners to grow Web3
https://twitter.com/_RichardTeng/status/1730557791822086607
Ark Invest continues Coinbase selling streak, offloads $15 million for the week.
https://www.theblock.co/post/265576/ark-invest-continues-coinbase-selling-streak-offloads-15-million-for-the-week
The Starknet Foundation addressed speculations about an upcoming airdrop after screenshots circulated on social media.
The foundation emphasized that the screenshots showed draft plans still under development.
It clarified that the eligibility cutoff date for the airdrop has been set, and no further user actions can affect this.
https://www.theblock.co/post/265588/starknet-foundation-confirms-screenshots-showing-draft-airdrop-plans-says-snapshot-already-taken
Matrixport: “Bitcoin’s bullish trajectory is projected to reach $63,140 by April 2024 and $125,000 by year-end. Our report attributes this to historical trends, mining reward halving, and favorable geopolitical and macroeconomic factors, anticipating a sustained three-year bullmarket.”
https://twitter.com/realMatrixport/status/1730466579958444476
Data shows over $1 billion worth of BTC has been withdrawn from exchanges over the past week.
https://www.coindesk.com/markets/2023/12/01/bitcoin-eyes-40k-as-1b-in-btc-withdrawals-suggests-bullish-mood/
Bankrupt crypto lender Genesis has agreed to settle $1 billion in claims by defunct crypto hedge fund Three Arrows Capital (3AC) with a payment of $33 million, court documents show.
https://www.coindesk.com/business/2023/11/13/genesis-three-arrows-capital-reach-agreement-on-1b-of-claims/
Circle: „Circle does not “bank” Justin Sun. Neither Mr. Sun nor any entity owned or controlled by Mr. Sun, including the TRON Foundation or Huobi Global, currently have accounts with Circle. To date, the U.S. government has not specifically designated Mr. Sun or his entities as Specially Designated Nationals. Nonetheless, Circle terminated all accounts held by Mr. Sun and his affiliated companies in February 2023.“
https://www.circle.com/blog/circle-refutes-false-claims-on-illicit-financing
Bloomberg Analyst: „Okay the window for potential spot Bitcoin ETF approval is looking like its gonna be between Jan 5 & Jan 10 2024.“
https://twitter.com/JSeyff/status/1730327792066195501
Crypto Market Daily Review ☀️
The market is growing. Market cap is $1.47T. Bitcoin is trading at $38.1K
dropstab | icodrops | twitter | telegram
The Brazilian Senate approved new income-tax regulations that could mean citizens will face paying up to 15% on earnings from cryptocurrencies held on international exchanges.
The regulation, if sanctioned by President Luiz Inacio Lula da Silva, could be effective as of Jan. 1.
Those affected will be Brazilians earning more than $1,200 from foreign exchanges and investment funds with a single shareholder.
https://www.coindesk.com/policy/2023/11/30/brazil-to-impose-15-tax-on-crypto-earnings-held-on-offshore-exchanges-report/
The largest mainnet upgrade in Injective history will be released in a few weeks.
https://x.com/injective_/status/1730263417825472820
Binance has successfully executed the world's first cryptocurrency triparty arrangement with a third party banking partner.
This solution enables institutional investors to keep trading collateral, off-exchange in the custody of a third party banking partner.
https://www.prnewswire.com/news-releases/binance-pilots-banking-triparty-agreement-to-help-institutional-investors-to-manage-counterparty-exposure-302002179.html
Blast is now apparently hiring.
The project's website lists two open positions for a "Senior DevOps Engineer" and a "Senior Protocol Engineer."
https://www.coindesk.com/tech/2023/11/30/protocol-latest-tech-news-crypto-blockchain/
Coinbase has no plans to launch Base token: CEO Brian Armstrong.
https://decrypt.co/208133/coinbase-no-plans-base-token-ceo-brian-armstrong
💧Current state of the market in our weekly overview
dropstab | icodrops | twitter | telegram
The investment arm of crypto exchange KuCoin will provide a $20,000 grant to the TON network to fund ongoing initiatives in the ecosystem.
https://www.coindesk.com/business/2023/12/01/kucoin-ventures-to-provide-20k-grant-to-ton-ecosystem/
💧 November Fundings with Highest Social Performance
👉 https://dropstab.com/insights/latest-fundraising-rounds
Bitcoin has reached $38,830 and updated its highs since May 2022.
BTC is now trading at $38,599.
https://dropstab.com/coins/bitcoin
Bitget announced the suspension of new user registrations in mainland China.
https://www.bitgetapp.com/zh-CN/support/articles/12560603801358
Effective from 2023-12-05 06:00 UTC, Binance DeFi Staking will cease support for BTC and ETH on Flexible DeFi Staking, and subscriptions will no longer be available.
https://www.binance.com/en/support/announcement/notice-regarding-the-removal-of-btc-eth-from-binance-defi-staking-2023-12-05-da934102deeb4b87a3650636b6aa054c
Republicans had hoped to get U.S. crypto legislation through the House this year, but key lawmakers are now targeting 2024.
https://www.coindesk.com/policy/2023/11/30/republicans-leadership-squabbles-delayed-us-crypto-bills-until-2024-key-lawmakers-say/
Tiger Global’s Venture Fund reduced the estimated value of its stakes in BAYC by 69% and in OpenSea by 94%.
https://www.bloomberg.com/news/articles/2023-11-30/tiger-global-s-biggest-venture-fund-has-18-loss-after-markdowns
Bounce Finance has introduced BounceBit, a blockchain solution designed for the Bitcoin ecosystem, based on BTCB and powered by AUCTION.
https://bouncefinance.medium.com/introducing-bouncebit-a-blockchain-solution-for-bitcoin-ecosystem-based-on-btcb-powered-by-0319cf1169aa
The United Nations Development Programme (UNDP) announces a partnership with Algorand Foundation to launch a blockchain academy to provide UNDP staff with knowledge and insights into the applications of blockchain technology.
The Algorand Blockchain Academy will launch in 2024 and is designed to bolster UNDP staff capacity through education and training in blockchain technology and its practical applications for sustainable development.
https://www.algorand.foundation/news/united-nations-development-programme-partners-with-algorand-to-launch-a-blockchain-academy
CoinList has announced the bitsCrunch Community Sale.
The sale begins on December 14, 2023 at 17:00 UTC and has one public option.
Price: $0.055
Supply: 60,000,000 BCUT tokens* with an additional 5,000,000 BCUT tokens** reserved for bonus
Lockup & release: 20% unlock at TGE followed by a 12-month linear release
Initial purchase limits: $50 minimum, $2000 maximum (USDT/USDC only)
Registrations Deadline: December 11, 2023 at 12:00 UTC.
https://blog.coinlist.co/announcing-the-bitscrunch-community-sale-on-coinlist/