Rumours: Coinbase tells some customers it received subpoena related to Bybit.
https://www.theblock.co/post/265009/coinbase-tells-some-customers-it-received-subpoena-related-to-bybit
Digital Currency Group (DCG) and Genesis Global have reached a re-payment plan to settle their lawsuit.
DCG must complete repayment of $620 million in payments by April 2024.
https://www.coindesk.com/policy/2023/11/29/genesis-dcg-propose-to-settle-lawsuit-bankruptcy-filing/
Reddit plans an IPO in the first quarter of 2024 at a $15 billion valuation.
https://www.bloomberg.com/news/articles/2023-11-27/reddit-leads-class-of-2024-us-ipo-candidates-testing-the-water#xj4y7vzkg
Crypto Market Daily Review ☀️
The market is growing. Market cap is $1.45T. Bitcoin is trading at $37.8K
dropstab | icodrops | twitter | telegram
CZ has officially stepped down as chairman of Binance.US.
https://twitter.com/BinanceUS/status/1729530641526435859
Animoca Brands will invest in the TON blockchain protocol and become its largest validator.
https://cointelegraph.com/news/animoca-becomes-validator-telegram-ton-blockchain
Galxe will make an important announcement on November 30.
The GAL price has increased by 16% in 24 hours.
https://twitter.com/Galxe/status/1729412355195551759
Arthur Hayes has published a new article "Panda Power".
Overall, the article emphasizes the complexity and multifaceted nature of China's influence on bitcoin mining and its broad implications for the global cryptocurrency ecosystem.
https://cryptohayes.substack.com/p/panda-power
Binance will support the Polygon (MATIC) network upgrade and hard fork.
This will take place at the Polygon block height of 50,523,000, or approximately on 2023-11-29.
Deposits and withdrawals of token(s) on the aforementioned network will be suspended approximately starting from 2023-11-29 11:30 UTC.
https://www.binance.com/en/support/announcement/binance-will-support-the-polygon-matic-network-upgrade-hard-fork-aa9384bbc2ca49ac9fd43be0dbf65f68
CZ: “Been reading about biotech, thinking about how to use crypto to accelerate research funding there.”
https://twitter.com/cz_binance/status/1729277854431527163
The Securities and Exchange Commission is still looking for evidence that Binance and its founder Changpeng Zhao may have a backdoor to control assets stored on the Binance.US platform.
https://www.wsj.com/livecoverage/stock-market-today-dow-jones-11-27-2023/card/sec-keeps-pressing-for-evidence-of-potential-fraud-at-binance-us-FteJJJqSg6PWXrwquJul
Judge denies ex-Binance CEO CZ from leaving US before sentencing.
https://x.com/watcherguru/status/1729215645043310780
Tether minted $1 billion USDT.
https://whale-alert.io/transaction/ethereum/0x5a8c2fc18b4ee40dad2887aed00e253666369e759334b77bf3a91b17245298b4
Arbitrum stands out with over 2.4M daily transactions on Nov 25th, surpassing Ethereum and other Layer2 platforms.
https://x.com/coin98analytics/status/1729129728345567550
A Bitcoin user claims a hacker stole over 139 BTC from them, connected to the record-breaking transaction fee of 83.65 BTC ($3.1 million) paid last week.
https://www.theblock.co/post/264744/bitcoin-hack-victim-record-3-million-transaction-fee
Pro-soccer star Cristiano Ronaldo has been hit with a proposed class-action lawsuit from plaintiffs claiming they suffered losses from his promotion of the crypto exchange Binance.
https://cointelegraph.com/news/cristiano-ronaldo-class-action-lawsuit-over-binance-promotion
SEC asks public for feedback on proposed spot bitcoin ETFs from Franklin Templeton, Hashdex.
https://x.com/jseyff/status/1729574910224150664
https://www.theblock.co/post/265047/sec-asks-public-for-feedback-on-franklin-templetons-proposed-spot-bitcoin-etf
Forbes has announced the launch of its Under 30 list on the Ethereum blockchain.
The Under 30 list, renowned for spotlighting the brightest young entrepreneurs, innovators, and leaders, will now leverage the Ethereum blockchain to immortalize its data.
The list includes representatives from the crypto industry: SEI Labs, Injective Labs, Fractal co-founder, Blockchain Capital, Layer3, Bitcoin Depot.
https://www.forbes.com/sites/forbesweb3/2023/11/28/forbes-unveils-new-ethereum-project-under-30-list-goes-live-on-blockchain-pioneering-web3-transparency--data-storage/
🔥Bitcoin has reached $38,377.
BTC is now trading at $37,918.
https://dropstab.com/coins/bitcoin
The dYdX Chain progressed from its Beta Stage to full production trading on November 28th.
Trading Rewards are active on the dYdX Chain. ~50,000 DYDX per day is available to be earned by traders on the dYdX Chain. Trading Rewards are now distributed immediately rather than needing to wait a month.
The dYdX Launch Incentives Program, run by Chaos Labs, is live alongside Trading Rewards for the next six months, during which $20M of DYDX in incentives will be distributed. Launch Incentive Rewards are distributed based on a points system for using the dYdX Chain.
https://dydx.exchange/blog/v4-full-trading
💧 Top Avalanche Ecosystem Funding Rounds in 2023
👉Dropstab.com/tab/avalanche-ecosystem-fundraise-ovryvbi6o5
Vitalik Buterin has published a new article „My techno-optimism“.
Overall, the article is an in-depth analysis of the impact of technology on society and emphasizes the importance of techno-optimism as a philosophy aimed at using technological advancement to improve people's lives.
https://vitalik.eth.limo/general/2023/11/27/techno_optimism.html
Bounce Finance has announced BSSB token launch details.
Staking Auction Round
https://app.bounce.finance/launchpad/-auction
Date: 11/29/2023, 4:00 UTC ~ 11/30/2023, 4:00 UTC
Total Supply: 6,300,000 BSSB
Staking Asset: AUCTION
Total Raise: $300,000
Guide: https://docs.bounce.finance/bounce-staking-auction-user-guide
Fixed-Price Round
https://app.bounce.finance/launchpad/bitstable
Date: 11/29/2023, 4:00 UTC ~ 11/30/2023, 4:00 UTC
Total Supply: 4,200,000 BSSB
Total Raise: $200,000
Price of BSSB: 1 BSSB = 0.0000233 ETH
Maximum Allocation Per Wallet: 1 ETH
Guide: https://docs.bounce.finance/auction-user-guide/fixed-price-auction-guides/participate-in-a-fixed-price-auction
https://bouncefinance.medium.com/bitstable-presents-the-bssb-token-launch-on-bounce-launchpad-7dcecea1a409
Co-founder of Spartan Group: “Surprised to hear from one of our industry contacts today that a major centralized crypto exchange that we were trading on had divulged our short positions to them. This is a major breach of client confidentiality and we will be cutting off our trading activity on this exchange (which I shall not shame publicly).”
https://x.com/spartanblack_1/status/1729329431406362786
The USTC price nearly halved after the official Terra account announced that Terraform Labs is not involved in Mint Cash in any capacity.
https://x.com/terra_money/status/1729159860858855658
Crypto Market Daily Review ☀️
The market is down. Market cap is $1.42T. Bitcoin is trading at $36.9K
dropstab | icodrops | twitter | telegram
After the news, TUSD has lost its peg to the U.S. dollar.
The TUSD price is now trading at ~$0.99.
Justin Sun: „TRON is a decentralized protocol, similar to Bitcoin and Ethereum, with nodes operating worldwide. Global super representatives are responsible for running this protocol. While we are committed to combating terrorist financing by integrating various analysis projects and partners, our top priority remains maintaining decentralization, ensuring the safety of everyone's assets, and providing instant, affordable, and reliable transactions, as has always been the case. I extend great appreciation to everyone in our industry who is contributing to the widespread adoption of cryptocurrency.“
https://dropstab.com/coins/true-usd
💧 Top RWA Projects by Fully Diluted Valuation
👉 https://dropstab.com/tab/rwa-by-fdv-zdj8egxciw
New Binance CEO Richard Teng says Binance is transforming from a tech startup to a traditional financial company.
https://fortune.com/crypto/2023/11/27/new-binance-ceo-richard-teng-board-financial-disclosures/
Reuters has published an article where TRON blockchain, founded by Justin Sun, is accused of being involved in terrorist financing schemes.
https://www.reuters.com/world/middle-east/new-crypto-front-emerges-israels-militant-financing-fight-2023-11-27/