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https://icodrops.com/ - Simple and beautiful ICO Calendar with independent ratings & analytics. With us it's impossible to miss the next great #ICO. 🚀 Contacts: @icodrops_support (for any questions)
Menlo raises $1.35bn to fund AI startups.
Menlo Ventures was founded in 1976 to invest in the technology businesses.
https://menlovc.com/menlo-raises-over-a-billion-dollars-to-fund-a-new-generation-of-startups/
Top losers for 24 hours: FTT (-12%), SOL (-10%), GAS (-10%).
https://dropstab.com/
Bazooka Tango, a studio formed by former developers of the fantasy MOBA game Vainglory, has secured $5 million in a new round of funding led by Bitkraft Ventures.
RW3 Ventures, Sfermion, and 1Up Ventures also participated in the round.
Bazooka Tango plans to use the fresh funding to expand its team and further development on its upcoming title, Shardbound, which has committed to launch on the upcoming Immutable zkEVM network.
https://decrypt.co/206135/bazooka-tango-raises-5-million-revive-shardbound-nft-game
Tether plans to become a BTC miner and will invest $500 million over 6 months to build its own facilities in three countries.
https://www.bloomberg.com/news/articles/2023-11-16/stablecoin-issuer-tether-usdt-btc-wants-to-become-a-major-bitcoin-miner#xj4y7vzkg
Chainflip will launch the FLIP token on November 23 at 12:00 UTC.
Coinlist users will receive tokens on their accounts.
https://x.com/chainflip/status/1725121580769091747
BlackRock has officially filed for a spot Ethereum exchange-traded fund with the U.S. Securities and Exchange Commission.
Coinbase will be the custodian.
https://www.theblock.co/post/263299/blackrock-ethereum-etf-sec
Astrobotic plans to send a physical Dogecoin to the moon in the DHL Moonbox via ULA's Vulcan Centaur Rocket on 12/23/2023.
https://x.com/dogecoin/status/1725057264640204962
Leaders of growth in 24 hours: RNDR (+34%), KAS (+25%), AVAX (+25%), ZRX (+21%).
https://dropstab.com/
Solana denies ‘security threat’ to Saga phones following CertiK video showing them hacking the phone and withdrawing BTC from the wallet.
https://blockworks.co/news/solana-saga-phone-vulnerability
🔥The Ethereum price has reached $2,080.
ETH is now trading at $2,050.
https://dropstab.com/coins/ethereum
Grayscale Ethereum futures 19b-4 filing was delayed.
https://x.com/jseyff/status/1724846180213911788
Avalanche has been integrated into JPMorgan's pilot program.
The AVAX price has increased by 18% in 24 hours.
https://u.today/avalanche-avax-up-17-on-rare-jpmorgan-embrace-details
Gitcoin Grants 19 is now open for donations.
https://grants.gitcoin.co/
MultiversX is collaborating with Injective on enabling a portion of the INJ token supply to function as an ESDT, with further plans to include it in ecosystem products such as xExchange.
https://twitter.com/MultiversX/status/1724766141090845073
Binance Research released an analytical article on crypto fundraises.
▫️Despite experiencing a downward trend in 2023, the market has shown resilience, maintaining a steady pace of deals and investments. A substantial share of this sustained growth can be attributed to gaming and infrastructure projects.
▫️As the traditional VC share increased to 45% since the start of the year, the gap between traditional and Web3 investors has gradually narrowed. Hack VC is at the forefront among traditional VCs, diversifying its investments across sectors such as gaming and infrastructure.
▫️For the last four quarters, infrastructure projects have been the leading recipients of funds, with a steady rise in total quarterly funding from 26% in Q4’22 to 44% in Q3’23.
https://www.binance.com/en/research/analysis/data-insights-exploring-crypto-fundraises-3q2023
EigenLayer launches the Stage 2 testnet for validators and restackers.
Operators can register to the network and begin validating for the first AVS, EigenDA; Restakers can delegate their stake to Operators and start putting shared security to work with EigenDA; and Rollups can integrate with EigenDA to begin experimenting with cost-effective, hyperscale throughput use cases.
EigenLayer expects the Stage 2 mainnet to launch in the first half of 2024.
Stage 3 will introduce AVSs beyond EigenDA. It expects Stage 3 to go to testnet and mainnet in 2024.
https://www.blog.eigenlayer.xyz/launch-of-the-stage-2-testnet-eigenlayer-eigenda/
Bitcoin whale activity surges, hits 30% of total transaction volume.
https://x.com/cryptoslate/status/1725161250277986576
Aave Labs has rebranded to Avara.
https://x.com/aave/status/1725201251636281555
DAO Maker has announced its next SHO — Rebase.
Rebase is an AR Adventure & Web3 lifestyle application that lets you explore, collect, and redeem exclusive digital rewards in real life.
Token Supply: 500,000,000
Project Valuation: $30,000,000
Hard Cap: $8,650,000
Round Details:
Start: SHO is open
Total Raise: $600,000
DAO Peg: $0.8
DAO Raised: 750,000 DAO
https://daomaker.com/company/rebase
Clearpool has announced a new staking model.
The new mechanism fuels demand for CPOOL, ensures every holder has a voice, while unlocking the ability for large institutions to shape the protocol’s future direction.
To create an official governance proposal, users must hold a minimum amount of 1,000,000 CPOOL.
And to pass a governance vote, a quorum of 25,000,000 CPOOL is needed.
https://x.com/clearpoolfin/status/1725136700836606199
FUD: ETH insider Steven Nerayoff promises to expose ETH creators in 48 hours.
https://twitter.com/StevenNerayoff/status/1724994597049278515
Crypto Market Daily Review ☀️
The market is growing. Market cap is $1.44T. Bitcoin is trading at $37.5K
dropstab | icodrops | twitter | telegram
Paxos plans new U.S. Dollar-backed token for Singapore operations.
https://www.coindesk.com/policy/2023/11/16/stablecoin-issuer-paxos-plans-new-us-dollar-backed-token-for-singapore-operations/
Raft has introduced its recovery plan funding for compensation after the exploit.
3,963,192.62 DAI from the peg stability module (PSM) will be distributed to users affected by the incident based on their holdings and interactions with the protocol as of the snapshot time (14 November 2023).
Eligibility Criteria
To be eligible for compensation, users must meet the following requirements:
1. Holdings Requirement: They must hold R (either idle, in RR, or LP tokens) as of the snapshot time.
2. Trading Activity Restriction: They have not traded any R after the exploit date.
3. Special Case for MEXC Users: Users holding R in MEXC must provide proof that they purchased these tokens before the exploit date.
Compensation Categories
Compensation (in DAI) has been calculated differently for three categories of affected users:
1. Liquidity Providers (LPs)
Methodology
2. RR Holders
Methodology
3. R Idle Holders
Methodology
https://forum.raft.fi/t/raft-recovery-plan/237
🔥The Bitcoin price has reached $37,970.
BTC is now trading at $37,424.
https://dropstab.com/coins/bitcoin
SEC delays decision over the conversion of the Hashdex Bitcoin futures ETF to spot.
The agency said it would make a decision by Jan. 1, 2024.
https://www.sec.gov/files/rules/sro/nysearca/2023/34-98947.pdf
https://www.theblock.co/post/263207/sec-delays-decision-over-the-conversion-of-the-hashdex-bitcoin-futures-etf-to-spot
Microsoft, Tencent and 16 other Web2 giants have partnered with Consensys on its mission to decentralize the Infura network.
https://cointelegraph.com/news/microsoft-tencent-infura-network-partnership
Binance Labs has invested in Arkham.
The ARKM price has increased by 30%.
Arkham is an AI-powered blockchain intelligence and data platform that provides granular information and visualization tools for on-chain activity.
https://twitter.com/BinanceLabs/status/1724767544190611717
Binance Japan will List HBAR, NEAR, OP, IMX, ARB, GRT, RNDR, MANA, EOS, GALA, APE, KLAY, and LSK on November 27.
https://prtimes.jp/main/html/rd/p/000000004.000126862.html
EthXY, a blockchain-focused gaming platform, has raised 1.6M in the preseed round, led by a16z Crypto Startup School (CSS) and Orange DAO.
https://x.com/ethxy/status/1724437998593331468