50895
https://icodrops.com/ - Simple and beautiful ICO Calendar with independent ratings & analytics. With us it's impossible to miss the next great #ICO. 🚀 Contacts: @icodrops_support (for any questions)
Sandbox has introduced CATALYSTs, a new ERC-1155 token on Polygon Layer 2 designed to empower creators on the platform.
CATALYST tokens will allow owners to mint ASSETs and define their rarity and properties according to different tiers.
There are five types of CATALYSTs that will define the outcome of your minting.
▫️Legendary: 4 Attribute points.
▫️Epic: 3 Attribute points.
▫️Rare: 2 Attribute points.
▫️Uncommon: 1 Attribute point.
▫️Common: 0 Attribute points.
The Sandbox will be launching CATALYSTs via distribution to ecosystem contributors:
1. December 14, 2023: All LAND owners will be gifted CATALYSTs. A snapshot determining all eligible LAND owners will occur on December 11, 2023 at 12:00 UTC.
2. LAND Owners who complete the Winter Event requirements will receive some CATALYSTs in addition to their SAND rewards.
https://sandboxgame.medium.com/introducing-catalysts-your-key-to-minting-and-supercharging-your-assets-bed3d1460e19
The Venus Protocol team stated that the liquidity problem is not caused by a hack, but by Binance Oracle bug.
https://twitter.com/bradherenow/status/1733894119783600515
Solana co-founder Anatoly Yakovenko: “Almost exactly 6 years ago I started the process to raise for what eventually became Solana. I talked to every connection I had, went to every startup and crypto meetup and tried to get in front of everyone that I possibly could. Even if they didn’t want to lead I would ask for a conditional angel check in case we got a lead. It took me over two months and hundreds of pitches to get to $500k worth of handshake angel checks. Most VCs thought that the alt L1 thesis was already played out.”
https://twitter.com/aeyakovenko/status/1733500093352026364
The Open Network (TON) has resolved the recent network congestion issues due to the creation of TON20 (BRC20 analog).
200 million transactions have successfully been processed.
/channel/toncoin/1087
Solana daily active addresses jump to over 630K, 40% more than Ethereum.
https://twitter.com/StepDataInsight/status/1733427287238811679
The SEC's website now has a Crypto Assets section.
https://www.investor.gov/
Blast, built by Bware Labs, has received a development grant from the Starknet Foundation to extend the service offering for Starknet builders.
https://twitter.com/BlastAPI/status/1732438689773469927
The Starknet Foundation, the governing body to promote Ethereum scaling product StarkWare technology, plans to start allocating over 1.8 billion STRK tokens "soon," the foundation said.
The funds will be allocated to various initiatives to drive blockchain adoption and growth.
https://www.coindesk.com/business/2023/12/08/starknet-foundation-to-allocate-18b-strk-tokens-soon/
Biconomy has announced the airdrop for BICO holders.
More details are promised to be announced on its discord.
https://twitter.com/biconomy/status/1733077267490775120
💧Current state of the market in our weekly overview
dropstab | icodrops | twitter | telegram
Binance Research has introduced Top 10 Narratives to follow.
1. Total crypto market capitalization is up ~110% year-to-date, representing an increase of over US$870B in capital. In Q4 so far, markets are up 55% (~US$596B).
2. Stablecoin supply is returning, with the quarterly net change in the supply of the top five stablecoins turning positive for the first time since Q1 2022.
3. NFT volumes have broken their eight-month downtrend and increased nearly 200% month-on-month (“m-o-m”) in November. Bitcoin was the most popular chain, with US$375M+ in NFT volume, exceeding even Ethereum NFTs (US$348M).
4. Fees for the top 20 crypto projects rose in November, and were ~84% higher than in October, and ~100%+ higher than in September. DeFi TVL also rose, while DeFi dominance was up 18% m-o-m.
5. Bitcoin has had an eventful year with Ordinals and BRC-20s, and saw a resurgence in interest in November. News of a spot Bitcoin ETF looks positive, with the market expecting a January approval, while the Bitcoin Halving in April is another important milestone to watch.
6. A number of alternative Layer-1s have outperformed Ethereum recently, with Solana and Toncoin making notable moves.
7. SocialFi has emerged with new protocols like friend.tech, alongside updates from Farcaster, Lens, and Binance Square.
8. RWAs have started to become increasingly important, now representing over 49% of the assets on MakerDAO’s balance sheet. Chainlink also hopes to bring closer ties between TradFi, RWAs, and crypto, with their new CCIP solution.
9. Zero-knowledge (“zk” or “ZK”) technology is starting to take off, with various recent ZK-rollup launches and increased work and discussion around ZK co-processors.
10. U.S. interest rates are at a 22-year high, with the market expecting cuts in the next year. China has already started cutting some rates, while lower inflation in Europe has prompted investors to start anticipating cuts from the European Central Bank.
https://public.bnbstatic.com/static/files/research/top-10-narratives.pdf
VanEck 15 Crypto Predictions for 2024
1. The US recession will finally arrive, but so will the first spot Bitcoin ETFs. Over $2.4B may flow into these ETFs in Q1 2024 to support Bitcoin’s price.
2. The 4th Bitcoin halving in 2024 will see minimal market disruption and a post-halving rise in Bitcoin's price, with significant gains for some low-cost miners.
3. Bitcoin will make an all-time high in Q4 2024, potentially spurred by political events and regulatory shifts following a US presidential election.
4. Ethereum won’t flip Bitcoin in 2024 but will still outperform major tech stocks.
5. Post EIP-4844 implementation, Ethereum Layer 2s will capture the majority of EVM-compatible TVL and trading volume.
6. NFT activity will rebound to an all-time high with Ethereum leading and Bitcoin gaining traction via the Ordinals protocol, shifting the ETH-to-BTC NFT issuance ratio to 3-1 by the end of 2024.
7. Binance will lose the 1 position for spot trading, with competitors like OKX, Bybit, Coinbase, and Bitget contending for leadership. Coinbase's futures market may exceed $1 billion daily volume as regulated index inclusion becomes key.
8. Stablecoin market cap will reach a new all-time high above $200 billion. USDC will reverse market share losses, indicating a shift towards more institutional adoption, especially on emerging Layer 2 chains.
9. DEXs will hit all-time highs in spot trading market share, driven by fast blockchains like Solana and wallets enabling automated transactions, promoting on-chain trading and self-custody.
10. Remittances will boost blockchain use, with "Bitcoin Staking" on the Lightning Network offering yield opportunities through new, user-friendly staking tools.
11. A breakout blockchain game may surpass 1 million daily players. Immutable X is poised to climb market cap ranks with key releases and the Immutable Passport, streamlining wallet usage and enabling wider adoption.
12. Solana is projected to become a top 3 blockchain by market cap, TVL, and users, potentially surpassing Chainlink's TVS with its Pyth oracle, as DeFi TVL surges and ETF interest grows.
13. DePin networks, especially Hivemapper and Helium, will see increased adoption, with Hivemapper mapping significant distances and Helium's 5G network expanding rapidly, offering cost-effective alternatives to traditional infrastructures.
14. New accounting standards will boost corporate crypto holdings. Coinbase will report Layer 2 revenue as Base Protocol grows. By 2025, a major financial entity may launch a quasi-public blockchain with public chain connectivity.
15. KYC-compliant DeFi apps, led by Uniswap, will likely surpass non-KYC ones, attracting institutional volume and enhancing protocol fees, which may boost Uniswap's token value.
https://x.com/vaneck_us/status/1732811502602559912
Binance founder CZ must stay in US until sentencing, judge orders.
A federal judge said former Binance CEO Changpeng "CZ" Zhao is a flight risk if he returns to the UAE and must remain in the U.S. while awaiting sentencing.
https://cointelegraph.com/news/binance-founder-cz-remain-united-states
LayerZero plans to launch its own token in the first half of 2024.
https://x.com/layerzero_labs/status/1732862812710449466
Burnt has released the XION's Generalized Abstraction whitepaper.
Generalized Abstraction is an infrastructure solution designed to abstract away all complexities and solve the key challenges that have hindered Web3's widespread adoption, through protocol-level implementations.
https://twitter.com/burnt_xion/status/1732766827380371841?s=20
http://xion.burnt.com/whitepaper.pdf
Tether announced that it would be blocking wallets sanctioned by the United States from using its stablecoin USDT.
Blockchain data accessed through Etherscan shows that Tether did indeed freeze 161 Ethereum wallets yesterday, though 150 of those wallets currently hold no USDT tokens.
https://www.theblock.co/post/266894/tethers-new-sanctions-froze-161-wallets-only-eleven-hold-usdt
Binance compliance commitments with the United States Department of Justice (DOJ) were unsealed on Dec. 8.
In an analysis shared on X (formerly Twitter), John Reed Stark, a former Securities and Exchange Commission (SEC) official, classified the “exhaustive list” of Binance’s new compliance commitments as a “consulting firm’s wish list” that will likely shut down the platform.
Binance’s new obligations are described in an 11-page document and include cooperation to grant authorities access to documents, records and resources at their request, including access to information related to its “former employees, agents, intermediaries, consultants, representatives, distributors, licenses, contractors, suppliers, and joint venture partners,” noted Stark.
https://twitter.com/JohnReedStark/status/1733497674110767550
https://cointelegraph.com/news/doj-unveils-extensive-monitorship-over-binance-operations
Bounce has unveiled Bounce and FOUNDO’s Bitcoin Ordinal NFT Auction, the fusion blending AI tech Bitcoin Ordinals, powered by AUCTION.
Created by a trio of artists, the Ordinal NFTs will be auctioned via Bounce Lottery Auction, along with RWA rewards for participants.
https://x.com/bounce_finance/status/1733752927452385557
Tether announced its latest initiative aimed at safeguarding the cryptocurrency ecosystem.
On December 1, 2023, the company made the decision to initiate a new voluntary wallet-freezing policy designed to combat activity connected with Sanctioned persons on the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List.
https://tether.to/en/tether-introduces-new-policy-to-strengthen-ecosystem-security/
Investment manager VanEck said it expects Immutable’s IMX token “to become a top 25 coin by market cap” thanks to the expected release of new big-budget video games like Illuvium.
https://www.theblock.co/post/266840/imx-token-surges-as-vaneck-says-release-of-new-blockchain-based-video-games-like-illuvium-next-year-could-boost-value
Fidelity has filed an updated application for a spot BTC-ETF.
https://twitter.com/EricBalchunas/status/1733244470047457788
Sismo is shutting down and returning half of the $10.5 million it raised to its 130 investors.
https://twitter.com/dhadrien_/status/1733124453523919332
⚡️ Top AI Projects by FDV
👉 https://dropstab.com/tab/ai-by-fdv-vp107kkwnx
El Salvador has launched a $1 million “Adopting El Salvador Freedom Visa” program.
It offers a limited number of applicants citizenship for a $1 million investment in Bitcoin or USDT.
https://adoptingelsalvador.gob.sv/welcome
https://www.theblock.co/post/266732/el-salvador-launches-1-million-freedom-visa-bitcoin-tether
Binance's market share dips despite higher volumes.
Bybit now captures an aggregated 11.94%, whilst OKX captures 20.2%.
https://x.com/ccdata_io/status/1732385018805473482
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $1.64T. Bitcoin is trading at $43.2K
dropstab | icodrops | twitter | telegram
Stars Arena has rebranded to The Arena.
https://x.com/thearenaapp/status/1732892144656863280
KAVA 15 is now live.
https://x.com/kava_chain/status/1732837495694393355
Binance, Coinbase, Bybit and others have listed Jito (JTO).
The JTO price is now trading at $2.8.
https://www.binance.com/en/trade/JTO_USDT?type=spot
Montenegro plans to extradite Do Kwon to U.S.
https://www.wsj.com/livecoverage/stock-market-today-dow-jones-12-07-2023/card/exclusive-montenegro-plans-to-extradite-fallen-crypto-tycoon-do-kwon-to-u-s--go9pVSEoANWEjPKGAfD6