FixedFloat was hacked for 409 BTC (~$21.17 million) and 1,728 ETH (~$4.85 million).
FixedFloat has acknowledged the hack and will provide details later.
https://twitter.com/FixedFloat/status/1759216185185288653
Merit Circle has announced that users have 24 hours to sign up for the Forgotten Playland IDO on Ape Terminal.
https://x.com/meritcircle_io/status/1759110506550370587
Bankrupt cryptocurrency lender Celsius has announced that most eligible creditors have now collected their liquid crypto distributions from its two distribution agents: payments giant PayPal and crypto exchange Coinbase.
Crypto distributions to holders in the United States are facilitated through PayPal, while overseas holders are managed by Coinbase as the distribution agent.
The lawyers declared that $2 billion worth of crypto had been transferred to creditors, including 20,255.66 Bitcoin and 301,338.77 Ether.
https://cointelegraph.com/news/celsius-distribution-crypto-creditors-bitcoin-ethereum
Filecoin has announced an integration with Solana.
https://x.com/filecoin/status/1758543063767491031
💧 Top Funding Rounds this Week
👉 https://dropstab.com/insights/latest-fundraising-rounds
EtherFi will announce some tokenomics next week.
https://x.com/ether_fi/status/1758602434077753716
The exact Blast Mainnet launch date will be shared next week.
https://twitter.com/Blast_L2/status/1758634572055740487
U.S. banks have asked the SEC for permission to store Bitcoin.
https://www.aba.com/-/media/documents/letters-to-congress-and-regulators/jointclsec20240214.pdf
The Securities and Exchange Commission announced that registered investment adviser VanEck Associates Corporation has agreed to pay a $1.75 million civil penalty to settle charges that it failed to disclose a social media influencer’s role in the launch of its new exchange-traded fund (ETF).
https://www.sec.gov/news/press-release/2024-20
Trust Wallet is making an announcement.
Details will come next week.
https://twitter.com/TrustWallet/status/1758498291329999247
BTC mining difficulty increased by 8.24% to 81.7T, it’s a new ATH.
https://explorer.btc.com/btc/insights-difficulty?chart=difficulty
DWF Labs has introduced an overview of liquid restaking protocols.
https://x.com/dwfventures/status/1758357720233828797
💧Current state of the market in our weekly overview
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Circle's Caroline Hill is really begging to congress for the treasury department to go after Tether and their banking partner, Cantor Fitzgerald.
https://twitter.com/Pledditor/status/1758243599446089799
Three wallets fell victim to fake phishing and had 181M BEAM ($4.63M) stolen.
The scammer(s) then dumped all those BEAM for 1,639 ETH at ~$0.0256.
https://twitter.com/spotonchain/status/1758341481042149406
The Pixels team is gifting 20 million PIXEL to RON stakers.
10 million right now and the second half in around one month: stay tuned for the exact date and time.
The snapshot date was February 8th, 2:00 UTC.
Below are the total amounts rewarded to each Tier:
1 RON: 183.34 PIXEL
55 RON: 675.75 PIXEL
684.64 RON: 2,315.77 PIXEL
8317.4 RON: 3,955.11 PIXEL
https://x.com/ronin_network/status/1759031852227060085
CZ faces up to 10 years in prison, but as part of his guilty plea deal he will receive no more than 18 months.
https://www.bloomberg.com/news/articles/2024-02-17/us-prosecutors-in-binance-case-urge-judge-to-accept-plea-deal
Yuga Labs has acquired PROOF, which includes the PROOF Collective, Moonbirds, Oddities, Mythics, and Grails exhibition series.
https://news.yuga.com/yuga-labs-acquires-proof
Brian Armstrong summarised the 2023 results for the company: "We cut costs by 45% y/y and shipped products faster with a leaner team driving $95 million of positive net income for 2023.
We launched the Coinbase International Exchange, derivatives products, the Layer 2 Base which is helping blockchains scale, and played a key role in the Bitcoin ETF approvals as the custodian for 8 of 11 ETF issuers.
We custody around 90% of the ~$37B in Bitcoin ETF assets. We've seen net inflows across our retail & institutional products since the ETFs launched.”
„In 2024 we'll focus on growing trading fee revenue with international expansion and derivatives. We'll also focus on driving utility in crypto with payments and by developing Coinbase Wallet into an onchain superapp. Finally, we'll keep driving regulatory clarity for crypto via the courts.“
http://twitter.com/brian_armstrong/status/1758531949331927217
VanEck and ARK Invest submitted an updated applications for their spot Ethereum ETF filing.
https://twitter.com/EricBalchunas/status/1758621252825059659
Magic Eden will launch Mint To Earn program at the end of February.
https://twitter.com/MagicEden/status/1758193071047786551
Starknet have said they have listened to everyone who has commented on the airdrop, probably hinting at changes to its distribution.
https://twitter.com/Starknet/status/1758525220237742176
Clearpool Prime doubles as 2 new loans initiated.
Clearpool Prime, the institutional-grade credit marketplace, continues to scale. The platform's TVL has now doubled to $6M with the launched of two new loans.
The two new loans have been initiated by Fasanara Digital and Portofino Technologies.
https://x.com/clearpoolfin/status/1758497280414646663
MultiversX development partners for accelerated market launch and core business focus.
These ecosystem partners unlock access to specialized expertise at scale, helping streamline the Web3 development process for enterprises, institutions, businesses and startups across multiple industries and verticals.
https://multiversx.com/blog/multiversx-development-partners
Arkham has identified 98% of Microstrategy’s on-chain holdings, totaling 186K BTC.
107K appears to be held with Fidelity pooled with other clients’ BTC, hence is included in the Fidelity Custody entity. The remaining 79K, held in segregated custody including Coinbase Prime, is in the new Microstrategy entity.
https://twitter.com/ArkhamIntel/status/1758459803506991189
Ethena Labs, the developer of the Ethereum - based stablecoin USDe, has raised $14 million in a strategic funding round.
Dragonfly, Brevan Howard Digital and BitMEX founder Arthur Hayes' family office, Maelstorm, co-led the round.
Other investors included PayPal Ventures, Franklin Templeton, Fidelity via Avon Ventures, and several crypto exchanges including Binance, Deribit, Gemini and Kraken.
https://www.theblock.co/post/277565/ethena-usde-stablecoin-funding-valuation-paypal-brevan-howard-others
Fox Business host says Bitcoin has "been the best performing asset" for 10 years since 2011.
https://x.com/bitcoinmagazine/status/1758234899343978605
Bernard Arnault’s son, the richest man on Earth, wants to sell his cryptopunk - CryptoPunk 3167.
https://twitter.com/alexarnault/status/1758351731233091906
MicroStrategy's bitcoin holdings eclipsed a total value of $10 billion.
https://www.theblock.co/post/277633/microstrategys-bitcoin-is-worth-more-than-10-billion-as-cryptocurrency-nears-53000
https://dropstab.com/p/microstrategy-crypto-portfolio-4crikwkuk4
Crypto Market Daily Review ☀️
The market is growing. Market cap is $1.99T. Bitcoin is trading at $51.9K
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