Grayscale transferred another 19,239 BTC ($770 million) to Coinbase.
https://platform.arkhamintelligence.com/explorer/entity/grayscale
A legal fund for the defense of Tornado Cash developers Roman Storm and Alexey Pertsev has received more than $350K and public support from Edward Snowden.
https://www.coindesk.com/policy/2024/01/24/tornado-cash-developers-storm-pertsev-raise-over-350k-for-legal-defense-with-support-from-snowden/
Arthur Hayes has introduced a new article, "Yellen or Talkin'?".
https://cryptohayes.substack.com/p/yellen-or-talkin
Impossible Finance has announced its first EAO – Stratum Exchange Token Sale.
EAO Round 2 of Subscription Timeline:
FCFS Purchase Period: 23/01/2024 10:00 UTC to 25/01/2024 04:00 UTC
Staking Period: 25/01/2024 10:00 UTC to 31/01/2024 10:00 UTC
Purchase Period: 31/01/2024 14:00 UTC to 02/02/2024 14:00 UTC
Distribution Period: 06/02/2024 TBC
EAO Round 2 Token Sale Details
Hard Cap: US$100,000
1 STRAT = US$0.06 USDC
Total Token Supply (TTS): 25,000,000 STRAT
Token Vesting:
-50% unlocked at TGE
-50% vested linearly over 6 months
https://blog.impossible.finance/eao1-stratum-exchange/
Crypto-focused venture capital firm 1RoundTable Partners has announced it is raising up to $800 million for a new venture fund focused on growth-stage startups.
The company plans to raise at least $200 million by the time it closes the fund in March 2024.
1RoundTable said the fund focuses on growth-stage companies across three major segments: infrastructure, blockchain and financial services.
The fund will also look to invest in smaller segments: blockchain gaming, NFTs and metaverse.
https://www.nftgators.com/digital-asset-vc-1roundtable-eyes-800m-fund-for-growth-stage-startups/
Mysten Labs (SUI developer) has partnered with Alibaba Cloud.
https://twitter.com/Mysten_Labs/status/1749811240086696266
Solana’s largest perpetual trading protocol, Drift, has launched a points program to reward its users.
Drift then plans to launch its token “shortly after” the points program wraps up in March, co-founder Cindy Leow told The Block.
https://www.theblock.co/post/274007/solana-protocol-drift-points-token
Neptune, a lending protocol, is live on the Injective mainnet.
https://x.com/neptune_finance/status/1749834299246039059
Burnt has revealed its Abstractathon Judges, a panel of industry leaders.
The hackathon takes place from January 17th to February 14th.
https://x.com/burnt_xion/status/1749805660139839607?s=20
AltLayer has released details of its "AltLayer Airdrop Season One".
For ALT Airdrop Season One, AltLayer has reserved a total of 300,000,000 ALT Tokens (3% of the total supply) to be distributed across its NFT Holders (OG Badge and Oh Ottie! collections), ‘Altitude’ campaign participants, EigenLayer restakers, EigenLayer ecosystem partners and Celestia stakers.
https://blog.altlayer.io/altlayer-airdrop-season-one-9148f6114c0b
Lookonchain: “Grayscale decreased 14,292 BTC ($565.84M) yesterday. 8 ETFs added 9,755 BTC ($386.24M) yesterday, of which Fidelity added 5,312 BTC ($210.33M).”
https://x.com/lookonchain/status/1749709619482783951
Arkham has identified the on-chain location of four of the Bitcoin ETFs: Blackrock, Fidelity, Bitwise and Franklin Templeton.
https://twitter.com/ArkhamIntel/status/1749487640871620610
BlackRock has warned of further deterioration in the geopolitical backdrop for financial markets in 2024.
https://www.marketwatch.com/story/blackrock-warns-markets-not-appreciating-worsening-geopolitical-backdrop-8a2261ea
In the last 24 hours, $182 million worth of long positions have been liquidated.
https://www.coinglass.com/LiquidationData
Excluding Grayscale, all Bitcoin ETF issuers have collectively acquired over 86,320 BTC at an average price of $42,000 - totaling a $3.63 billion investment.
Bloomberg analyst Eric Balchunas says that 35% of GBTC outflows are going to other Bitcoin ETFs.
https://twitter.com/ali_charts/status/1749536675519185119
https://twitter.com/EricBalchunas/status/1749464645218324685
DWF Labs launched a grant program when it provides funding for L1/L2/Ecos without the need to return funds back to it.
https://twitter.com/ag_dwf/status/1750046978073899256
"We think this is one of the most important investments of our lifetimes," Cathie Wood says on bitcoin.
https://x.com/cnbc/status/1749924830236090813
Crypto Market Daily Review ☀️
The market is down. Market cap is $1.56T. Bitcoin is trading at $39.8K
dropstab | icodrops | twitter | telegram
Bitwise's chief investment officer said the fall in cryptocurrencies was due to excessive expectations of the impact of ETF approval.
https://twitter.com/Matt_Hougan/status/1749834562547614000
Celsius withdrew 557K ETH (over $1.2 billion) from staking and transferred to Fireblocks Custody.
https://platform.arkhamintelligence.com/explorer/address/0xDb31651967684A40A05c4aB8Ec56FC32f060998d
OKX apologised for the sharp decline of the OKB token, and promised to compensate users for losses due to liquidations.
https://twitter.com/okxchinese/status/1749794826399441133
Trust Wallet launches ETH Pooled Staking Service.
https://chainwire.org/2024/01/23/trust-wallet-launches-eth-pooled-staking-service/
Avalanche Foundation has released eligibility criteria framework for buying meme coins (community coins), with money from its $100 million Culture Catalyst fund.
Some criteria:
- The community coin only needs to exist in the Avalanche ecosystem.
- The community coin should have at least 2,000 unique holders.
- The top 100 token holders (excluding centralized exchanges) should own less than 60% of the total supply.
- The project should have total liquidity of at least $200,000 or equivalent.
- The project should have 50 or more liquidity providers unless the majority of the liquidity has been renounced or burned.
- The fully diluted market capitalization of the project should be $1 million or greater.
- The project should average a daily trading volume of at least $100,000 on Avalanche ecosystem DEXes for at least two weeks.
https://www.avax.network/blog/avalanche-foundation-eligibility-criteria-framework-for-community-coins
Trust Wallet warns of sending out phishing links to an email.
https://x.com/trustwallet/status/1749677430732972510
Nocturne is shutting down its privacy-focused account abstraction product and will start working on a new project.
https://twitter.com/nocturne_xyz/status/1749510390906511693
Crypto Market Daily Review ☀️
The market is down. Market cap is $1.60T. Bitcoin is trading at $40.1K
dropstab | icodrops | twitter | telegram
The Securities and Exchange Commission said that multi-factor authentication on its X account had been disabled in the run-up to a false post earlier this month before spot bitcoin ETFs had been formally approved.
https://www.theblock.co/post/273847/sec-says-multi-factor-authentication-had-been-turned-off-in-run-up-to-false-x-post-about-bitcoin-etf-approval
Jupiter launches its LFG Launchpad Beta which will feature the memcoin issued by Ovols, as well as the JUP coin itself.
In both cases, both Ovols and Jupiter will provide 1% to LFG launchpad, of which the upcoming JUP DAO will receive 75% and the team 25%.
Starting February 1, the Jupiter DAO will be approving new projects to be added to the launchpad.
https://twitter.com/weremeow/status/1749577177333645770
ZetaChain has announced the airdrop.
A total of 31.5M ZETA is allocated to this genesis airdrop, with rewards allocated to over 800,000 ZetaLabs users and contributors.
Participants’ addresses who had mainnet transactions on ZetaChain-connected chains (Ethereum, BNB Chain, Polygon) receive a 10% increase on their base tier amount.
https://blog.zetachain.com/the-zetachain-airdrop-pre-claim-494d09a6523b