BONK, a memcoin on Solana, announced in June the airdrop of 30 million tokens to those who download the Bonk app through the Saga dApp store.
The drop amount at the beginning of December was ~$110, but within a month the token grew 650% and now the drop is ~$650. The Solana Saga phone is priced at $599. Because of this arbitrage opportunity, Saga sales have increased 10x in the last 48 hours.
https://www.coindesk.com/markets/2023/12/14/sales-of-solana-phone-surge-as-traders-chase-bonk-arbitrage/
Binance will list Bonk (BONK) and open trading for these spot trading pairs at 2023-12-15 08:00 UTC.
The BONK price has increased by more than 100% in 24 hours.
https://www.binance.com/en/support/announcement/binance-will-list-bonk-bonk-with-seed-tag-applied-1592b7a6ec9a408daf4b778f50ab1ca6
⭐️ BRC20.com has launched an incentivized campaign!
About the project:
BRC20.com was formed to bring critical infrastructure to the BRC20 ecosystem. The team have already launched a dashboard platform as well as discovery tools tailored for the growing BRC20 ecosystem, as well as the .COM token - the first DeFi protocol on Bitcoin.
This initiative invites participants to dive deep into the BRC20.com, create their profiles, and share their experiences, offering a unique blend of interaction, exploration, and reward.
Prize pool: 💲30,000!
💰 Rewards distribution scheme:
1st place: $3,000
2nd place: $2,000
3rd place: $1,500
4-5: $1,000 each
6-10: $400 each
11-50: $150 each
51-100: $100 each
101-500: $15 each
501-1000: $5 each
🔥 Token listing is planned on MEXC on December 15th!
🌟 Participate here:
zealy.io/c/brc20/questboard
🌐 Links: Website◻️Twitter◻️Telegram
#sponsored
🚨ALERT. Do not interact with DApps
The Ledger library has been compromised.
https://x.com/matthewlilley/status/1735285684070461534
Crypto Market Daily Review ☀️
The market is growing. Market cap is $1.64T. Bitcoin is trading at $42.8K
dropstab | icodrops | twitter | telegram
CFTC plans to require clearing firms to keep customer funds separate from their own.
https://www.theblock.co/post/267532/cftc-votes-to-propose-rule-that-would-bolster-customer-protections-in-wake-of-ftx-collapse
SEC delays Invesco/Galaxy Ethereum ETF application until Feb. 6.
https://twitter.com/JSeyff/status/1735039904910840016/
Blockchain development firm Coti is planning to launch an Ethereum Layer 2.
In an update, Coti’s infrastructure will shift from its DAG protocol to a Layer 2 network.
The initial test network for Coti V2 is scheduled for release in 2024.
https://www.theblock.co/post/267416/coti-plans-expansion-to-ethereum-ecosystem-with-layer-2-network
Coinbase is rolling out spot crypto trading on its international exchange as part of a global expansion, saying some users are wary of US venues due to the country’s uncertain regulatory backdrop.
Institutional investors can initially trade Bitcoin and Ether against the USDC stablecoin.
https://www.bloomberg.com/news/articles/2023-12-13/coinbase-coin-to-start-spot-bitcoin-btc-trading-on-international-exchange
Binance suspends token deposits and withdrawals on the Cosmos network today due to network upgrades.
https://www.binance.com/zh-CN/support/announcement/%E5%85%B3%E4%BA%8E%E6%94%AF%E6%8C%81cosmos-atom-%E7%BD%91%E7%BB%9C%E5%8D%87%E7%BA%A7%E7%9A%84%E5%85%AC%E5%91%8A-fa144e3505b84e2486d1d2175bb7a4d1
OKX DEX users lost over $400k due to the old contract.
https://twitter.com/okxchinese/status/1734787911789502826
SEC held a meeting with BlackRock and Franklin Templeton regarding applications for a spot BTC-ETF.
https://twitter.com/JSeyff/status/1734679896746758219
Securities and Exchange Commission Chair Gary Gensler said that the agency's "new look" at applications for a spot bitcoin ETF had been taking recent court rulings into consideration.
While the SEC has for years denied previous applications for a spot bitcoin fund, a panel of judges who ordered the regulator to reconsider a failed bid from Grayscale Investments may be starting to tip the balance.
https://www.theblock.co/post/267720/gensler-says-secs-new-look-at-spot-bitcoin-etf-applications-has-involved-recent-court-rulings
The bitsCrunch Community Sale on CoinList has finished in 24 minutes.
Participants who successfully purchased tokens were allowed to request an additional allocation of up to $2,000.
https://coinlist.co/bitscrunch
Tether co-founder Paolo Ardoino said that Tether just froze the Ledger exploiter address.
https://x.com/paoloardoino/status/1735315976827101274
🚨Ledger: “We have identified and removed a malicious version of the Ledger Connect Kit. 🚨
A genuine version is being pushed to replace the malicious file now. Do not interact with any dApps for the moment. We will keep you informed as the situation evolves.
Your Ledger device and Ledger Live were not compromised.”
https://x.com/ledger/status/1735291427100455293
Andrei Grachev: “In DWF Labs, we are building 2 more MM products, for large ecosystems and for layer1/2. Our goal is to win every 3 of 4 deals on the market + provide much more grants and VC.
and... 3 more secret projects, but you will be surprised hehe
Cheers 🤑”.
https://twitter.com/ag_dwf/status/1735223156590219743
OKX conducted the 22nd OKB repurchase and burning on December 14. The number of OKB was approximately 10.53 million, equivalent to approximately $630 million, once again setting a new high.
https://x.com/wublockchain/status/1735217368773935223
https://dune.com/sankin/okb-buy-back-and-burn-report
Bitwise has announced 10 crypto predictions for 2024.
Prediction 1: Bitcoin will trade above $80,000, setting a new all-time high.
Prediction 2: Spot bitcoin ETFs will be approved, and collectively will be the most successful ETF launch of all time.
Prediction 3: Coinbase’s revenue will double, beating Wall Street expectations by at least 10x.
Prediction 4: More money will settle using stablecoins than using Visa.
Prediction 5: J.P. Morgan will tokenize a fund and launch it on-chain as Wall Street gears up to tokenize real-world assets.
Prediction 6: Ethereum revenue will more than double to $5 billion as users flock to crypto applications.
Prediction 7: Taylor Swift will launch NFTs to connect with fans in new ways.
Prediction 8: AI assistants will use crypto to pay for things online, affirming crypto as “the native currency of the internet.”
Prediction 9: More than $100 million will be staked in prediction markets as they emerge as a new “killer app” for crypto.
Prediction 10: A major upgrade to the Ethereum blockchain will drive the average transaction cost below $0.01, paving the way for more mainstream uses.
Bonus Prediction: 1 in 4 financial advisors will allocate to crypto in client accounts by the end of 2024.
https://bitwiseinvestments.com/crypto-market-insights/the-year-ahead-10-crypto-predictions-for-2024
Bitwise Asset Management has become the latest firm to have its spot Bitcoin (BTC) ETF (Exchange Traded Fund) listed on the DTCC under the ticker name BITB.
https://watcher.guru/news/bitwise-spot-bitcoin-etf-listed-on-dtcc
https://www.dtcc.com/products/cs/exchange_traded_funds_plain_new.php
Vitalik Buterin has introduced an article about the current Layer-2 EVM solution.
https://twitter.com/VitalikButerin/status/1734947774343332116
🔥The Bitcoin price has risen above $42,000 once again.
BTC is now trading at $41,870.
https://dropstab.com/coins/bitcoin
Worldcoin now supports integrations for its World ID with Minecraft, Reddit, Telegram, Shopify and Mercado Libre.
The company already supports integrations with Discord, Talent Protocol and Okta’s. Launched to the public about four months ago, the protocol recently was updated to World ID 2.0, which, the company says, makes it easier to distinguish between bots and “verified humans” online.
The new integrations will, for example, let Reddit moderators give special permissions to those who use their World ID “so they know you’re not spamming,” Sada said. Or, Shopify store owners can use World ID for fraud prevention or one-time promotions.
https://techcrunch.com/2023/12/13/worldcoin-integration-reddit-telegram-shopify/
Su Zhu, co-founder of the now-defunct crypto hedge fund Three Arrows Capital (3AC), is set to be released this month following his arrest in September for not cooperating with liquidation efforts, Bloomberg reported, citing sources familiar with the matter.
https://www.theblock.co/post/267382/3ac-co-founder-su-zhu-set-to-be-released-faces-singapore-court-questioning
Crypto Market Daily Review ☀️
The market is down. Market cap is $1.57T. Bitcoin is trading at $40.8K
dropstab | icodrops | twitter | telegram
Binance has asked the court to dismiss the SEC's notice, arguing it is not relevant to the allegations in the case.
https://twitter.com/WuBlockchain/status/1734746575409484198
The criminal investigation unit of the United States Internal Revenue Service (IRS) has listed four crypto-related cases among the top ten of its “most prominent and high-profile investigations” in 2023.
The cases included investigations into the Silk Road marketplace, OneCoin, Oyster Protocol founder “Bruno Block,” and a money laundering scheme using Bitcoin kiosks.
https://cointelegraph.com/news/irs-crypto-crimes-top-cases-2023