Sam Bankman-Fried donated $100 million in stolen customer funds to US politicians.
Today, the US Government announced they're dropping six charges against SBF and will not prosecute him for a political campaign finance violation.
https://twitter.com/WatcherGuru/status/1740941426236752039
New Paradigm TVL by Manta exceeded $500M.
https://dune.com/hashed_official/manta-pacific
The U.S. judge denied a motion from CZ requesting permission to travel outside the country.
https://cointelegraph.com/news/changpeng-zhao-travel-uae-denied
💧Current state of the market in our weekly overview
dropstab | icodrops | twitter | telegram
The price of the BTC/USDT perpetual contract on Binance rose from $42k to $428k.
The problem is related to the display of the chart.
Previously, Binance had already experienced a similar situation. CZ then stated that the problem was only related to the display of the chart.
https://www.binance.com/en/futures/BTCUSDT
Vitalik Buterin has introduced its new article “Make Ethereum Cypherpunk Again”.
https://vitalik.eth.limo/general/2023/12/28/cypherpunk.html
Effective from 2024-01-09 06:00 UTC, Binance will cease support for Binance DeFi Staking, and DeFi Staking subscriptions will no longer be available.
https://www.binance.com/en/support/announcement/notice-regarding-the-removal-of-binance-defi-staking-products-2024-01-09-8d20bf4db660493a87f2f94d41071d67
Canadian crypto exchange CatalyX has suspended trading and withdrawals due to a security breach.
The Canadian exchange suffered a security break earlier this month, resulting in the loss of an unknown amount of customer funds.
https://www.coindesk.com/policy/2023/12/28/crypto-exchange-catalyx-suspends-trading-withdrawals-following-security-breach/
💧Top Public Sales in 2023
👉 https://dropstab.com/tab/listings-after-public-sale-60k8czeswi
Binance Futures will launch the USDC-margined BTC, ETH, BNB, SOL and XRP Perpetual Contracts starting from 2024-01-03 12:30 UTC, with up to 125x leverage.
https://www.binance.com/en/support/articles/4ff3534898ab4ea09afb450a94f20afe
Crypto Market Daily Review ☀️
The market is growing. Market cap is $1.71T. Bitcoin is trading at $42.9K
dropstab | icodrops | twitter | telegram
The Ondo Foundation has announced the proposed release of the ONDO token lock-up.
https://blog.ondo.foundation/unlocking-ondo-a-proposal-from-the-ondo-foundation/
CZ is asking for permission to travel from the federal court overseeing his case. He's asked to seal the filing.
https://x.com/nikhileshde/status/1740094399261069375
Leaders of growth in 24 hours: BSV (+68%), AAVE (+28%), ARB (+24%), LDO (+21%).
https://dropstab.com/insights/top-performance
Coinbase Global Inc.’s head of custody Aaron Schnarch has departed the firm.
Rick Schonberg replaces Aaron Schnarch at Coinbase Custody. Schonberg has been with Coinbase since 2021 and previously worked at Goldman Sachs, State Street and Tagomi, according to his LinkedIn profile.
https://www.bloomberg.com/news/articles/2023-12-29/coinbase-custody-shuffles-leadership-amid-spot-bitcoin-etf-race
Funds' predictions for various assets for 2024
https://x.com/hodl_gap/status/1740660123876638981
The PancakeSwap community has approved a proposal to reduce the CAKE's token total supply to 450 million CAKE.
https://pancakeswap.finance/voting/proposal/0x3e014aab40f6551da9f76da0e62e44e9ece55c4997f220057bf3e42dc8307c2f
OKX delists FSN, ZKS, CAPO, CVP, XMR, DASH, ZEC, ZEN.
https://www.okx.com/help/okx-to-delist-several-spot-trading-pairs-12-29
Avalanche Foundation plans to buy memecoins with its $100 million nonfungible token (NFT) incubator fund.
The new move will form part of its “Culture Catalyst” initiative — a $100 million program launched in March 2022 initially designed to fund promising NFT projects on the network.
https://cointelegraph.com/news/avalanche-foundation-buying-memecoins-culture-catalyst-coqinu
Crypto Market Daily Review ☀️
The market is down. Market cap is $1.70T. Bitcoin is trading at $42.6K
dropstab | icodrops | twitter | telegram
Manta has announced details about the New Paradigm rewards.
▫️Base Reward: 30,000,000 MANTA
This portion will be distributed to T1-T6 NFT holders based on their rarity ranking.
▫️Special Rewards: 15,000,000 MANTA
15,000,000 MANTA tokens will be distributed to T7 NFT “The First Modular L2 NFT” holders.
▫️Special Rewards: 5,000,000 MANTA
4,200,000 MANTA tokens will be distributed to Defi projects supporting STONE/wUSDM on Manta Pacific, indirectly benefiting New Paradigm users.
800,000 MANTA tokens will be distributed to users from Wallet partners (OKX Wallet, Trust Wallet, Bitget Wallet, Bybit Wallet, etc.).
https://mantanetwork.medium.com/new-paradigm-leaderboard-reveal-and-nft-rewards-explained-c549b82046fb
FTX submitted an Estimation Motion that dollarizes customer claims per Nov 11 2022.
BTC: $16,871.63
ETH: $1,258.84
SOL: $16.2471144
The rest of the assets would go to non-customer creditors including shareholders. If customers disagree, they must object until January 11.
https://x.com/ftxcoalition/status/1740151684385358209
The correlation between Bitcoin and tech stocks has fallen 0.
https://x.com/bitcoinnewscom/status/1740036062318064002
Ethereum co-founder Vitalik Buterin has proposed three alternative ways of solving a potential pain point related to Ethereum’s consensus mechanism.
The first solution focuses on decentralized staking pools.
The second approach would be to have two layers of stakers, one with heavier requirements and the other with lighter requirements.
The third way would be to have a rotating set of participants, meaning that a random set of validators are selected for each slot.
https://www.theblock.co/post/269403/vitalik-buterin-proposes-three-ways-to-make-ethereums-proof-of-stake-design-simpler
https://twitter.com/VitalikButerin/status/1740066206185611594
The ANALOS price has decreased by more than 50% after X account blocked.
https://dropstab.com/coins/analos
ETH has reached $2,444, for the first time since May 2022.
ETH is now trading at $2,387.
https://dropstab.com/coins/ethereum
Donald Trump sold 1,075 ETH for $2.4 million.
3 weeks ago he started sending ETH to Coinbase after months of accumulating Trump NFT royalties. His peak balance was $4 million.
https://x.com/arkhamintel/status/1740052834949972155
Chinese venture capital (VC) firm GBA Capital announced a $10-billion pledge to establish a Web3 fund.
https://cointelegraph.com/news/chinese-web3-vc-launch-10-billion-accelerator-fund-report