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ICO Drops - ICO News & Alerts

SpaceX reportedly wrote down the value of Bitcoin it owns by a total of $373 million last year and the year before and may have sold all of its holdings.

According to Tesla's second-quarter 2023 earnings report, the firm had sold all but $184 million worth of its Bitcoin holdings. Tesla reported it had liquidated more than 30,000 BTC in the second quarter of 2022 for $936 million — roughly 75% of its original $1.5 billion BTC holdings.

https://cointelegraph.com/news/spacex-sold-bitcoin-acquired-2021-2022-report

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ICO Drops - ICO News & Alerts

The SEC is poised to allow the first exchange-traded funds based on Ether futures by Oct.

https://www.bloomberg.com/news/articles/2023-08-17/sec-said-to-be-poised-to-allow-us-debut-of-ether-futures-etfs-eth

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ICO Drops - ICO News & Alerts

During the night, there was a significant decline, with BTC reaching a low of $25,160 and ETH dropping to $1,550 at one point.

https://www.binance.com/en/trade/BTC_USDT

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ICO Drops - ICO News & Alerts

Coinbase is suspending trading of USDT, RAI and DAI in Canada on August 31.

https://www.theblock.co/post/246069/coinbase-suspending-usdt-trading-in-canada-at-end-of-month

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ICO Drops - ICO News & Alerts

Connext has announced the NEXT token airdrop.

The airdrop is scheduled for September 5 via the Tokensoft platform.

Users must qualify for at least one of the following two criteria in order to qualify for the NEXT airdrop:

1. Transferred 5 or more times with an average value of at least $15 per transaction (calculated across all transactions) and a total volume exceeding $200.
2. Provided at least $1,500 in liquidity to the Connext network for a minimum of 1 day.

https://docs.connext.network/v/dao-documentation/next/airdrop-details

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ICO Drops - ICO News & Alerts

Trezor has partnered with Wasabi Wallet to introduce Model One with with implemented privacy enhancement function Coinjoin.

https://x.com/trezor/status/1691827444381037011

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ICO Drops - ICO News & Alerts

💧Top 10 Perpetual Protocols by Users

dropstab | icodrops | twitter | telegram

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ICO Drops - ICO News & Alerts

Ledger has announced an on-ramp integration with PayPal, allowing users to buy crypto via the Ledger Live companion app.

https://www.ledger.com/ledger-and-paypal-team-up-to-simplify-entry-into-the-world-of-cryptocurrency

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ICO Drops - ICO News & Alerts

The Sei airdrop claiming is available to members of the Sei community who participated in the Atlantic 1 and Atlantic 2 testing and the Sei Ambassador program.

https://x.com/olimpiocrypto/status/1691923205416530033

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ICO Drops - ICO News & Alerts

Shiba Inu launched the Shibarium mainnet, an Ethereum layer-2 scaling solution.

Shibarium is built on a new consensus mechanism called proof-of-participation (PoP), which works by selecting validators in proportion to their quantity of holdings in the associated cryptocurrency. This is done to avoid the computational cost of proof-of-work schemes.

Users must lock 10,000 BONE in the Shibarium network to become validators.

https://cointelegraph.com/news/shiba-inu-shibarium-ethereum-l2-blockchain-goes-live-mainnet

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ICO Drops - ICO News & Alerts

FBI seized more than $1.7 million in cryptocurrency in the past three months.

https://www.forfeiture.gov/pdf/FBI/OfficialNotification.pdf

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ICO Drops - ICO News & Alerts

Bounce Finance has introduced Bounce Mutant English Auction.

https://bouncefinance.medium.com/introducing-bounce-mutant-english-auction-combining-auction-dynamics-with-yield-generation-to-c9cc687a2268

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ICO Drops - ICO News & Alerts

Coinbase Financial Markets, Inc. has secured regulatory approval from the National Futures Association (NFA), a CFTC-designated self-regulatory organization, to operate a Futures Commission Merchant (FCM) and offer eligible US customers access to crypto futures from the platforms.

https://www.coinbase.com/blog/coinbase-financial-markets-inc-secures-fcm-approval-to-bring-regulated

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ICO Drops - ICO News & Alerts

SwirlLend on Base has been rugged. The TVL of SwirlLend has dropped from $784.3K to $49.2K.

SwirlLend has already deleted its social platform.

The deployer has already bridged ~$289.5K worth of cryptos from Base to Ethereum, including 140.68 ETH and 32.6K USDC. They still hold ~92 ETH on Base.

https://twitter.com/PeckShieldAlert/status/1691719373571186925

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ICO Drops - ICO News & Alerts

Bitcoin-ETF "BCOIN" is registered in the island nation of Guernsey, which is not part of the European Union. Thus, the ETF is not technically a European ETF.

https://x.com/paddi_hansen/status/1691429784020987904

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ICO Drops - ICO News & Alerts

FTX and Genesis have reached $175 million settlement.

Genesis has agreed to pay FTX’s trading arm Alameda Research, $175 million. Genesis also agreed to waive all claims against the FTX estate.

A judge will hold a hearing Sept. 13 to approve the settlement.

https://fortune.com/crypto/2023/08/17/ftx-genesis-bankruptcy-settlement-john-ray-dcg/

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ICO Drops - ICO News & Alerts

The US Securities and Exchange Commission can seek the South Korean government’s assistance to question Do Kwon’s Terraform Labs co-founder, Daniel Shin, and collect evidence from payments company Chai Corp., a US judge ruled.

https://www.bloomberg.com/news/articles/2023-08-17/sec-seeks-to-question-do-kwon-s-terra-co-founder-in-south-korea

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ICO Drops - ICO News & Alerts

💧Top 15 DeFi projects that have the most active developers

dropstab | icodrops | twitter | telegram

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ICO Drops - ICO News & Alerts

A New York district court judge granted the Securities and Exchange Commission’s request to file a motion for leave to file an interlocutory appeal in an ongoing dispute with Ripple Labs.

https://www.theblock.co/post/246057/judge-in-ripple-case-grants-sec-request-to-file-interlocutory-appeal

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ICO Drops - ICO News & Alerts

Huobi founder Li Lin buys MONT VERRA, one of Hong Kong's most expensive mansions in a HK$1 billion (US$128 million) lease-to-own property.

Last year, Li Lin sold Huobi to Justin Sun for more than 1 billion US dollars.

https://x.com/wublockchain/status/1691020543540297729

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ICO Drops - ICO News & Alerts

Tether will cease minting USD₮-Omni, USD₮-Kusama, and USD₮–BCHSLP from today, 17th August 2023.

Tether will continue to redeem USD₮-Omni, USD₮-Kusama, and USD₮-BCH-SLP as normal for at least the next 12 months. Tether may evaluate and announce further changes around that time.

Users can also swap USD₮-Omni, USD₮-Kusama, and USD₮-BCH-SLP for other chains on platforms that support these assets, such as Bitfinex.

https://tether.to/en/tether-makes-strategic-transition-to-meet-community-demands-and-foster-innovation/

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ICO Drops - ICO News & Alerts

Blockchain company Polygon Labs and leading Korean mobile carrier SK Telecom have partnered to develop a web3 ecosystem.

https://www.theblock.co/post/245806/polygon-labs-and-korean-mobile-giant-sk-telecom-forge-web3-partnership

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ICO Drops - ICO News & Alerts

Crypto Market Daily Review ☀️

The market is down. Market cap is $1.14T. Bitcoin is trading at $28.6K

dropstab | icodrops | twitter | telegram

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ICO Drops - ICO News & Alerts

Ripple Labs said it opposes the SEC’s move last week seeking leave for an interlocutory appeal of the summary judgment order in a case that rocked the industry.

https://www.theblock.co/post/245797/ripple-labs-says-it-opposes-sec-move-to-file-an-appeal

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ICO Drops - ICO News & Alerts

Valkyrie has filed an application for the Ether Futures ETF.

There are currently 16 active filings for the Ether Futures ETF.

https://x.com/jseyff/status/1691842682346201510

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ICO Drops - ICO News & Alerts

Injective has released its tokenomics upgrade.

INJ 2.0 aims to allow all dApps to participate in burns.

https://blog.injective.com/inj-burn-2-0/

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ICO Drops - ICO News & Alerts

Unibot launches a trading terminal Unibot X.

How to Access Unibot X

1. Connect to your TG bot
2. Open Unibot X from the main menu

To align the current referral link and revenue share systems, Unibot X requires your TG account which is tied to your wallets.

https://x.com/teamunibot/status/1691799553111146789

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ICO Drops - ICO News & Alerts

💧 Crypto fundraising 2023 overview

dropstab | icodrops | twitter | telegram

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ICO Drops - ICO News & Alerts

Crypto Market Daily Review ☀️

The market is down. Market cap is $1.16T. Bitcoin is trading at $29.1K

dropstab | icodrops | twitter | telegram

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ICO Drops - ICO News & Alerts

RocketSwap, a decentralized exchange built on the Base Layer 2 network, was hacked — losing 471 ETH (valued at $870,000).

The hacker transferred the stolen assets to Ethereum and created a memecoin named LoveRCKT.

https://www.theblock.co/post/245599/hacker-creates-memecoin-after-stealing-870000-from-rocketswap-on-base

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