Donald Trump announced a new NFT collection – the "Mugshot Edition".
Those who buy 47 Trump cards or more will get to have dinner with the former resident at Mar-a-Lago and receive a piece of the suit Trump wore for his mugshot when he was arrested in August.
Price: $99
https://www.coindesk.com/markets/2023/12/12/donald-trump-unveils-new-mugshot-nfts-stirring-up-prices-for-his-previous-nfts/
Crypto exchange KuCoin has agreed to pay $22 million to the State of New York and to bar residents of the state from using its platform, according to a stipulation and consent order filed in the New York Supreme Court on Dec. 12.
According to the order, KuCoin admits that it “operates a cryptocurrency trading platform on which users, including users in New York state, can purchase or sell cryptocurrencies which are securities or commodities as defined under the laws of New York state and that Kucoin is not registered as a securities or commodities broker-dealer.”
In addition, KuCoin “admits that it represented itself as an ‘exchange’ and was not registered as an exchange pursuant to the laws of New York State.”
https://cointelegraph.com/news/kucoin-cryptoccurrency-exchange-ban-new-york-residents-pay-22-million-settlement
S&P Global has launched a stablecoin stability assessment.
Dai (DAI), First Digital USD (FDUSD), Tether (USDT), Frax (FRAX), TrueUSD (TUSD) and USD Coin (USDC) were assessed.
At the top of the list were USDC, USDP and GUSD, which received high marks “2(strong)”.
USDT, DAI and FDUSD were assessed as average or "4(constrained)", with scores indicating they were near the weak end.
FRAX and TUSD were assessed as “5(weak)”.
None of the stablecoins included in the first assessment received the highest rating of "very strong".
https://cointelegraph.com/news/s-p-global-launches-stablecoin-ratings-ranks-gusd-usdp-usdc-highest
https://press.spglobal.com/2023-12-12-S-P-Global-Ratings-Launches-Stablecoin-Stability-Assessment
Coinbase and Coinbase Asset Management announce Project Diamond, a smart contract-powered platform for institutions to create, buy, and sell digitally native assets.
The platform leverages the Coinbase technology stack and Base to deliver secure, compliant, capital market activity that will continue to unlock institutional adoption of the global cryptoeconomy.
https://www.coinbase.com/blog/coinbase-and-coinbase-asset-management-announce-project-diamond-a-smart
Clearpool Prime, Clearpool’s institutional-grade credit marketplace, has gone live on Optimism’s OP Mainnet.
https://medium.com/clearpool-finance/clearpool-launches-clearpool-prime-transforming-private-credit-for-institutions-live-on-optimism-c2f1b2fa9b9a
Upbit lists Creditcoin (CTC).
Creditcoin is a token issued in 2017. In its early days, the company focused on lending. It has recently transformed into RWA and claims to run on Nominated Proof of Stake (which is a type of PoS consensus mechanism that also uses a staking system to incentivise validators to act honestly).
https://upbit.com/service_center/notice?id=3920
The table showing which big Ethereum validators continue to process transactions linked to Tornado Cash, sanctioned last year by OFAC.
https://twitter.com/jp_koning/status/1734194339390120029
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $1.60T. Bitcoin is trading at $41.8K
dropstab | icodrops | twitter | telegram
Binance’s market share of crypto trading tumbled to 30% in 2023.
According to numbers provided by CCData, Binance's market share so far in December was just 30.1% versus 55% at the start of the year. From January to September, the exchange’s monthly spot volumes declined by over 70% from $474 billion to $114 billion.
https://www.coindesk.com/business/2023/12/11/binances-market-share-of-crypto-trading-tumbled-to-30-in-2023/
Long and short positions worth $220M were liquidated in 24 hours.
https://www.coinglass.com/LiquidationData
FIFA is releasing digital collectibles that will give owners of the first 100 released a chance to “secure” tickets to the 2026 FIFA World Cup final.
The organization is also moving its NFT collectibles to the Polygon blockchain.
FIFA's NFTs were originally minted on Algorand.
https://www.theblock.co/post/267031/fifa-drops-nfts-that-offer-chance-at-world-cup-final-tickets-moves-to-polygon
🚀 Top Gainers Among Launchpad Tokens in Q4
👉 https://dropstab.com/tab/launchpad-tokens-0snkevbw4r
💧 Latest Funding Rounds Among BRC20 Projects
👉 https://dropstab.com/tab/brc20-fundraising-gib9i8vfzm
Crypto Market Daily Review ☀️
The market is down. Market cap is $1.60T. Bitcoin is trading at $42.2K
dropstab | icodrops | twitter | telegram
In 24 hours, $345 million in longs were liquidated.
https://www.coinglass.com/LiquidationData
My Neighbor Alice, a long-running blockchain game launched in 2021, has migrated from BNB Chain to the new Chromia network in the run-up to Chromia’s mainnet launch.
https://decrypt.co/209399/my-neighbor-alice-game-migrates-bnb-chain-chromia-new-season
Analysts with investment manager VanEck have said they expect former U.S. president Donald Trump to retake the White House next year—helping the bitcoin price soar to $100,000 by December 2024 and giving it a market capitalization of around $2 trillion.
https://www.forbes.com/sites/digital-assets/2023/12/11/donald-trump-predicted-to-trigger-a-2024-100000-bitcoin-price-boom/
Starknet founder urges users to be cautious about fakes.
The date of token distribution has not been officially announced yet.
https://twitter.com/0xAA_Science/status/1734538022786421118
BNB has released BNB Greenfield Roadmap.
Between Q4 of 2023 and Q1 of 2024, Greenfield will enable smart contracts as resource owners for better permission control from the BSC/opBNB, improve SP performance for sealing objects and garbage collection, and simplify SP exit processes.
https://chainwire.org/2023/12/12/bnb-chains-greenfield-roadmap-unveiled-targets-mass-web2-adoption-and-ai/
Kaiko's report
DEX monthly trade volume rose to $29bn in November, recovering from a multi-year low hit in September. This is still far below all time highs of more than $124bn reached in May 2021.
The market share of DEX to CEX trade volume has also decreased over the past year, closing November at just 3%, down from 5% in January.
Although the largest DEX Uniswap saw its market share retreat relative to Coinbase, it still remains fairly significant at 40%.
https://research.kaiko.com/insights/diving-into-dexs
U.S. Senator Elizabeth Warren has introduced her digital asset anti-money laundering bill, tightening crypto regulation.
The bill aims to extend Bank Secrecy Act requirements including know-your-customer rules to miners, validators, wallet providers and others.
https://www.theblock.co/post/267090/sen-elizabeth-warren-adds-five-co-sponsors-to-her-bill-that-would-target-crypto
Bounce has announced BDID token launch details.
GoDID will allocate 400,000,000 BDID to 3 auctions.
AUCTION Random Selection
Date: 12/15/2023 13:00 UTC ~ 12/17/2023 13:00 UTC
Blockchain: Ethereum
Ticket Price: 62.5 AUCTION per ticket
Token Amount/Ticket: 666,666 BDID per ticket
Total Ticket Amount: 300 tickets
Winner Amount: 150 tickets
AUCTION Staking Auction
Date: 12/15/2023 13:00 UTC ~ 12/17/2023 13:00 UTC
Blockchain: Ethereum
Token Amount: 200,000,000 BDID
Staking Ratio: 1 BDID = 0.00009375 AUCTION
DAII Staking Auction
Date: 12/15/2023 13:00 UTC ~ 12/17/2023 13:00 UTC
Blockchain: Ethereum
Token Amount: 100,000,000 BDID
Staking Ratio: 1 BDID = 0.0015 DAII
All BDID will be released after the auctions end.
https://x.com/bounce_finance/status/1734431112191947224
FTX lawyers are asking the IRS to show how it calculated what it says is $24 billion of unpaid taxes.
The IRS first said FTX owed $44 billion but recently lowered the amount to $24 billion.
https://www.theblock.co/post/267102/ftx-says-irs-demand-for-24-billion-in-unpaid-taxes-is-delaying-recovery-of-user-funds
Coinbase has listed SEAM as its airdrop begins.
SEAM is the governance token of Seamless Protocol, a Base-based DeFi protocol that is a fork of Aave v3.
SEAM airdrop
The total supply of the SEAM token is 100 million, the community contributor said, adding that 69% of that would go to the community, with the rest to ecosystem support and foundation (20%), core contributors (8%) and community contributors (3%).
Over 5,000 Seamless users are eligible for the SEAM airdrop, the snapshot for which was taken on Dec. 8, the community contributor said. Those are "early supporters of the protocol who acquired OG Points (soulbound, non-transferrable tokens) and other community quests that were hosted on Galxe and other platforms."
Users can claim the airdrop for the next three months, the contributor noted.
https://www.theblock.co/post/267029/coinbase-lists-seam-token-launch-airdrop
Immutable expands Web3 gaming payment options with Transak integration.
Web3 gaming firm Immutable is set to integrate Transak as the sole payment service provider for its Immutable zero-knowledge Ethereum Virtual Machine (zkEVM). The service is set to directly power fiat and Web3-based payments in gaming environments.
Transak’s service will be integrated into Immutable Checkout and Immutable Passport.
Transak’s on-ramp, off-ramp and nonfungible token (NFT) payment service allows fiat payments through credit and debit cards, as well as Apple Pay and Google Pay.
https://cointelegraph.com/news/immutable-web3-gaming-payment-options-transak-integration
Binance has announced the 40th project on Binance Launchpool - Fusionist (ACE).
ACE is the native token of Endurance, a decentralized game/social blockchain that will be housing Fusionist, a web3 AAA game.
Users will be able to stake their BNB and FDUSD into separate pools to farm ACE tokens over 5 days, with farming starting from 2023-12-13 00:00 UTC.
Binance tentatively set to list ACE at 2023-12-18 06:00 UTC and open trading with ACE/BTC, ACE/USDT, ACE/BNB, ACE/FDUSD, and ACE/TRY trading pairs.
https://www.binance.com/en/support/announcement/2cb7b8a617b548e5b765bcb0f3beb680
SEC says its Binance case should advance despite DOJ settlement.
https://www.bloomberg.com/news/articles/2023-12-08/sec-says-its-binance-case-should-advance-despite-doj-settlement
CryptoQuant: “What Data Changed Before The Price Correction?
1. SSR hits a 2-year high
2. Mara Pool's Distribution
3. 50%+ Circulating Bitcoin Supply in Profit
4. Long Term Holders' Resistance”.
https://x.com/cryptoquant_com/status/1734049581061877921?s=20
The market is down.
BTC is now trading at $42076. ETH is now trading at $2234.
https://dropstab.com/coins/bitcoin