Investors a started to move from gold to Bitcoin after the launch of spot Bitcoin exchange-traded funds (ETFs), according to the CEO of ARK Invest.
https://cointelegraph.com/news/substitution-gold-for-bitcoin-now-underway-cathie-wood
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $1.66T. Bitcoin is trading at $42.7K
dropstab | icodrops | twitter | telegram
Judge says Ripple must hand over financial statements to SEC.
https://decrypt.co/215861/judge-says-ripple-must-hand-over-financial-statements-to-sec
Solana 'Chapter 2' crypto phone reaches 60,000 preorders.
Individuals can purchase the Solana Chapter 2 wallet for $450, with the phones scheduled to start shipping in 2025.
Solana Mobile has a leaderboard to rank the number of referrals individuals doled out ahead of Chapter 2's launch, and the top 1,500 individuals will get a non-transferrable Element NFT and a shot at getting rewards from Solana ecosystem teams such as Mad Lads, Jupiter, Tensor and Backpack.
The first leaderboard snapshot is Feb. 6 at 19:00 UTC, and every preorder wallet will receive a preorder token after each snapshot.
https://www.theblock.co/post/275845/solana-chapter-2-crypto-phone-reaches-60000-preorders
dYdX has introduced its roadmap for 2024.
https://dydx.exchange/blog/2024-product-roadmap
MultiversX has announced that EGLD listed on Bitvavo.
#MvXLightSpeed
https://bitvavo.com
https://twitter.com/MultiversX/status/1754504437765116079
Particle Network announces the People’s Launchpad is now live.
First up on its launchpad is Merlin Chain, a Bitcoin Layer-2 solution that integrates ZK-Rollups, a decentralized oracle network, and on-chain BTC fraud-proof modules.
▫️Project Name: Merlin Chain
▫️Ticker: $MERL
▫️Total Prize Pool: $1,000 for 21,000,000 $MERL (1% of total token supply)
▫️Token Listing at $100,000 Fully Diluted Valuation (FDV)
Period for accumulating Power: 5 - 10 Feb (12:00 UTC).
Redemption Period 10 - 11 Feb (12:00 UTC).
https://twitter.com/ParticleNtwrk/status/1754475309720846437
Binance will list Ronin (RONIN) at 2024-02-05 13:30 UTC.
Ronin is an EVM-compatible blockchain specifically designed for Web3 gaming.
The RONIN price has decreased by ~19%.
https://www.binance.com/en/support/announcement/binance-will-list-ronin-ronin-with-seed-tag-applied-dfea1e2ae7fd475196b215e673193c63
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $1.66T. Bitcoin is trading at $42.7K
dropstab | icodrops | twitter | telegram
FTX has filed a motion that would allow the company to sell its nearly 8% stake (~$1,5B) in AI company Anthropic.
FTX also asked the court to shorten the sale motion’s deadlines so it can be heard at the court’s next hearing, currently scheduled for February 22.
https://www.theblock.co/post/275898/ftx-seeks-permission-to-speedily-sell-8-stake-in-anthropic
Bankrupt crypto lending firm Genesis Global Capital has requested a United States Bankruptcy Court for permission to liquidate shares in the Grayscale Bitcoin Trust (GBTC), Grayscale Ethereum Trust (ETHE) and Grayscale Ethereum Classic Trust (ETCG), totaling approximately $1.6 billion.
https://cointelegraph.com/news/bankrupt-crypto-lender-genesis-approval-gbtc-ethe-etcg-shares
The value of BTC owned by BlackRock exceeded $3 billion.
https://www.blackrock.com/us/individual/products/333011/ishares-bitcoin-trust
Shardeum released tokenomics and announced an airdrop.
https://shardeum.org/blog/shardeum-shm-airdrop-phase-1/#SHM_Airdrop_A_Three-Phase_Journey
Solana Mobile will airdrop an exclusive NFT to users who pre-ordered the new phone.
The snapshot is scheduled for February 6, 19:00 UTC.
https://twitter.com/solanamobile/status/1753494584439558505
Dan Tapiero’s 10T and 1RT firms have acquired “substantial” assets of Qredo.
https://www.theblock.co/post/275779/crypto-qredo-administration-acquisition-10t-1rt
OnlyFake, a new service claiming to use artificial intelligence “neural networks” and “generators” to create fake driver licenses and passports, has reportedly succeeded in passing Know Your Customer (KYC) checks on multiple crypto exchanges.
OnlyFake, generates realistic fake driver’s licenses and passports from 26 countries, including the United States, Canada, Britain, Australia and multiple European Union countries and takes payment in multiple cryptocurrencies through Coinbase’s commercial payments service.
404 Media reported that it successfully bypassed the Know Your Customer (KYC) verification of crypto exchange OKX using a photo of a British passport the outlet generated with the site.
Price: $15
https://cointelegraph.com/news/ai-generated-fake-ids-pass-crypto-exchange-kyc-onlyfake
Magic has introduced Litepapaer.
https://twitter.com/Treasure_DAO/status/1754570833689727420
https://files.treasure.lol/Treasure+Infinity+Chains+-+Litepaper+v1.0.pdf
Vast Bank, an entity claiming to be the first United States banking institution to allow its customers to buy, sell and hold cryptocurrencies “alongside a traditional checking account,” has shuttered its mobile crypto banking app and declared its intent to exit the cryptocurrency industry.
https://cointelegraph.com/news/first-us-bank-customers-keep-cryptocurrency-checking-account-exits-crypto
Daily active users on the Farcaster protocol — a decentralized network for social media applications — have spiked a 400% over the last week following the introduction of Frames on its social media application Warpcast.
https://cointelegraph.com/news/farcaster-daily-active-users-warpcast-frames
💧 Latest Funding Rounds Among RWA Projects
👉 https://dropstab.com/tab/rwa-top-funding-rounds-o52tw9idlu
Bybit and Kucoin will list Dymension (DYM) on Feb 6, 2024, 15:00 UTC.
https://twitter.com/Bybit_Official/status/1754429660568367527
DeFiLama founder launches smolrefuel exchange protocol requiring no gas funds.
https://twitter.com/0xngmi/status/1754243629588087072
El Salvador's Bitcoin-Friendly President Nayib Bukele Wins Re-Election.
https://www.coindesk.com/policy/2024/02/05/el-salvadors-bitcoin-friendly-president-nayib-bukele-wins-re-election/
Shrapnel has been added to the Epic Games store.
The game is only available for alpha testers. It is scheduled to launch in 2025.
The project has raised $37 million from Polychain, Dragonfly and others.
https://store.epicgames.com/en-US/p/shrapnel-e59542
Magic Eden has dropped Diamonds to those traded on MagicEden on Solana since 2021.
Claim is open until March 3rd 19:00 UTC.
https://twitter.com/MagicEden/status/1753493580453200234
LSD protocol Lybra Finance has experienced a sharp drop in TVL.
The project claims that the protocol is secure and users’ assets are not affected.
https://x.com/lybrafinance/status/1753738487638233150
MultiversX announces the Startup Demo Day on February 13th, 16:00 UTC, an online event enabling MultiversX startups to showcase their products and potential to a global audience of investors.
https://multiversx.com/blog/startup-demo-day
https://twitter.com/MultiversX/status/1753392906595873162
Crypto exchange Binance has hired its former Senior Vice President of Compliance Steve Christie as the firm's Deputy Chief Compliance Officer.
https://www.theblock.co/post/275867/steve-christie-returns-to-binance-as-deputy-chief-compliance-officer
Puffer Finance TVL has crossed the $275M mark in two days.
Puffer Finance is an ETH restaking protocol aimed at increasing decentralisation and profitability through the application of EigenLayer products.
Puffer has raised $6M from Binance, Animoca Brands and more.
https://dune.com/hashed_official/lrt