Celsius revamp plan hits speed bump with SEC.
The U.S. Securities and Exchange Commission wants more information about the assets of the former crypto lender, which is reorganizing through bankruptcy, a person familiar with the matter said.
https://www.coindesk.com/business/2023/11/20/celsius-revamp-plan-hits-speed-bump-with-sec-source/
Tether and OKX have collaborated with the United States Department of Justice (DOJ) in an investigation that led to Tether proactively and voluntarily freezing approximately 225 million in USDT tokens in external self-custodied wallets linked to an international human trafficking syndicate in Southeast Asia.
https://tether.to/en/following-investigations-by-tether-okx-and-the-us-department-of-justice-tether-voluntarily-freezes-225m-in-stolen-usdt-linked-to-international-crime-syndicate/
💧 Top Solana Ecosystem Funding Rounds in 2023
👉 https://dropstab.com/tab/solana-fundraise-yc40qihmks
Microsoft said that Sam Altman will lead the software developer’s new in-house artificial intelligence team after the OpenAI co-founder was ousted from his startup last week.
Greg Brockman, an OpenAI board member and co-founder who also left the company last week, will join Altman and Microsoft will “move quickly to provide them with the resources needed for their success”.
https://www.bloomberg.com/news/articles/2023-11-20/microsoft-says-altman-brockman-will-lead-new-in-house-ai-team#xj4y7vzkg
Rumours: Sam Altman won’t return as CEO of OpenAI.
Emmett Shear, co-founder of Amazon-owned video streaming site Twitch, will take over as interim CEO.
https://www.theinformation.com/articles/breaking-sam-altman-will-not-return-as-ceo-of-openai
Microsoft, OpenAI’s biggest backer, is considering taking a role on the board if ousted CEO Sam Altman’s returns to the ChatGPT developer, according to two people familiar with the talks.
https://www.theinformation.com/articles/microsoft-eyes-seat-on-openais-revamped-board
Crypto Market Daily Review ☀️
The market is growing. Market cap is $1.42T. Bitcoin is trading at $37.1K
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OpenAI’s ousted CEO Sam Altman was discussing a return to the startup he co-founded Saturday, after a flood of employee support and as major investors pressured the board to reverse the decision.
His return would invite a new bout of upheaval: the members of the board would have to be replaced, according to a person familiar with the discussions.
https://www.theinformation.com/articles/altman-decision-looms-as-sequoia-tiger-negotiate-behind-scenes
Justin Sun offered $10 million to the hackers who exploited Poloniex as a "white hat" reward.
https://x.com/peckshield/status/1725768026660979116
Chief technology officer Mira Murati appointed interim CEO to lead OpenAI; Sam Altman departs the company.
The WLD price has decreased by more than 10%.
https://openai.com/blog/openai-announces-leadership-transition
SEC postponed its review of Hashdex's Ethereum spot ETF registration application.
https://www.sec.gov/files/rules/sro/nasdaq/2023/34-98948.pdf
📈 Top Layer 1 Blockchains Price Comparison
👉 https://dropstab.com/categories/blockchain
Pyth Network gets listed on OKX.
Deposits: open
https://x.com/okx/status/1725151199786389709
Rumors: CZ attended a gala dinner with Xi Jinping.
CZ commented on Twitter: The intern probably just did a Google search, and thinks all Asians (especially with similar names) look the same...😂
Peng Zhao is a Chinese-born American businessman and CEO of Citadel Securities.
https://x.com/cz_binance/status/1725229633686196634
Subscription for Cradles Coin (CRDS) on the Bybit Launchpad starts today at 9:00 UTC.
The MNT price grows.
https://www.bybit.com/ru-RU/trade/spot/launchdetail/
Bullish, the crypto exchange run by New York Stock Exchange President Tom Farley, bought 100% of CoinDesk in an all-cash deal.
CoinDesk says former Wall Street Journal Editor in Chief Matt Murray will chair an independent editorial committee.
https://www.wsj.com/finance/currencies/company-led-by-former-nyse-president-buys-crypto-news-site-coindesk-af3b5cc2
Aptos has unveiled a collaboration with Alibaba Cloud in a bid to turbocharge Web3 talent and accessibility in the Asia-Pacific region.
Aptos will become the official blockchain sponsor for Alibaba Cloud’s Innovation Accelerator program.
In addition, Alibaba will work closely with Aptos to launch the first dedicated Move-developer community in the Asia region.
https://x.com/bscnews/status/1726571779638882491
OKX Wallet has integrated Injective.
https://x.com/okxweb3/status/1726405267552673878
The stablecoins combined marketcap has started to rise.
Historically, this is a bull market signal.
https://twitter.com/santimentfeed
The 10 ETHGlobal Istanbul finalists:
1. Clade Club
A fair and social governance platform, prioritising data-driven decision-making.
2. S.C.I
An on-chain contract-to-domain verification protocol.
3. BridgeBuddy
Chain abstracted wallet, utilizing Hyperlane Warp Routes and Safe Core, to automate bridging of assets.
4. Buddy-Guard
A social & security application for people who leave a group at midnight.
5. Sarma
Sarma+EVM=ZKEVM,PEXC: simple primitive to achieve private execution on EVM, even cross-chain.
6. TapTrust
TapTrust redefines event experiences with NFC & Ethereum's AA.
7. Footy Stars
Onchain fantasy football with real-world stakes and provable simulation.
8. ZKvote.cc
A blockchain-based voting system supported by ZKP.
9. Lens & Frens
Just implemented zk-gating for events with onchain ticketing.
10. AidDistribute
AidDistribute is a mechanism to ensure a traceable and accountable channel for direct stablecoin transfers.
https://twitter.com/ETHGlobal/status/1726245596926009623
The next president of Argentina will be Javier Milei.
Javier Milei is a BTC supporter, a libertarian who opposes central banking.
https://www.coindesk.com/markets/2023/11/20/javier-milei-wins-argentine-presidency-bitcoin-gains-nearly-3/
Liquidity provider Kronos Research was hacked.
Losses totaled more than $26 million.
https://x.com/researchkronos/status/1726203102842466650
The dYdX’s insurance fund lost $9.5M from the highly profitable trading strategy that caused a bunch of YFI liquidations.
https://x.com/dogetoshi/status/1725913689243414689
Fidelity has filed for an Ethereum ETF.
https://x.com/jseyff/status/1725643618378002840
Republic will launch its tokenized investment fund Republic Note on the Avalanche blockchain.
The security token aims to generate profits from a portfolio invested in more than 750 private assets.
Although not deployed to mainnet yet, Republic Note's price is $0.36 with between 300 million and 350 million distributed during a pre-sale round. The total supply of Republic Note tokens will be 800 million.
https://www.theblock.co/post/263371/republic-selects-avalanche-blockchain-for-its-investment-security-token
💧Current state of the market in our weekly overview
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The chief developer of ENS has accused Unstoppable Domains of stealing the technology.
https://x.com/nicksdjohnson/status/1725167190914011490
Andrew Kang: “Would want to see low end of the range tested on BTC before running a lot of longs again. Market needs time to rest and recover just like your body after sitting in front of the monitors for 16 hours a day.”
https://x.com/rewkang/status/1725245853605187991
Crypto Market Daily Review ☀️
The market is down. Market cap is $1.40T. Bitcoin is trading at $36.3K
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WisdomTree has updated its application for the spot BTC-ETF.
https://twitter.com/JSeyff/status/1725225523574382821