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
Justin Sun: “We have already destroyed all the HT owned by the Huobi team, totaling 41 million HT, as part of the HTX DAO launch plan.”
https://twitter.com/justinsuntron/status/1749402464456151328
Arthur Hayes predicts BTC to fall below $40k.
He went long some 29Mar $35k strike puts.
https://x.com/cryptohayes/status/1749376713446809808
Ron DeSantis has officially ended his campaign for the US president.
He actively supported BTC and cryptocurrencies in his election campaign.
https://www.nytimes.com/2024/01/21/us/politics/desantis-drops-out.html
Terraform Labs Pte. has filed a voluntary petition in Delaware for Chapter 11 bankruptcy.
The cryptocurrency firm behind the failed stablecoin TerraUSD declared in the filing it has between $100 to $500 million in estimated assets and the same amount in liabilities.
https://www.coindesk.com/policy/2024/01/22/terraform-labs-declares-bankruptcy-in-delaware/#:~:text=Terraform%20Labs%20Pte.,the%20same%20amount%20in%20liabilities
Crypto Market Daily Review ☀️
The market is down. Market cap is $1.63T. Bitcoin is trading at $41K
dropstab | icodrops | twitter | telegram
Altlayer has introduced its tokenomics.
https://blog.altlayer.io/altlayers-alt-token-launch-f49bf8ac2556
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
FTX sold about $1B of Grayscale's Bitcoin ETF, explaining much of outflow, according to sources.
https://www.coindesk.com/business/2024/01/22/ftx-sold-about-1b-of-grayscales-bitcoin-etf-explaining-much-of-outflow-sources/
Grayscale’s Bitcoin ETF ads running on Streets
https://twitter.com/earnwithrk/status/1749068732515991711
💧 Top Funding Rounds in the Last Week
👉 https://dropstab.com/insights/latest-fundraising-rounds
Today Binance will burn a significant amount of Binance-pegged tokens on various chains.
The equivalent amount of these tokens on their native networks, which were used as collateral, will then be released.
https://x.com/binance/status/1749341410145214556
Rumors: Ondo Finance is suspected of selling 20 million ONDO.
https://twitter.com/ai_9684xtpa/status/1749276675895128370
Tether added to its bitcoin (BTC) holdings at the end of the fourth quarter, buying 8,888 more BTC for $380 million.
https://www.coindesk.com/markets/2024/01/18/tether-purchased-another-89k-bitcoin-for-380m-remaining-11th-largest-btc-holder/
Binance Futures launched the USDⓈ-M ONDO Perpetual Contract at 2024-01-20 13:00 UTC, with up to 50x leverage.
https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-m-ondo-perpetual-contract-with-up-to-50x-leverage-af6c1bbbe6ec406c8b2d087fe47c5554