According to Pavel Durov, TON outperforms other systems by a margin in transactions per second (TPS).
/channel/durov/233
1.347 billion USDT was transferred to Binance.
https://tronscan.org/#/transaction/22ae3bd8ead9e924a3c7cf803c4ebd021aad187697fbd4f7a58fa00643895367
Binance has listed Memecoin (MEME).
MEME is now trading at $0.02.
https://www.binance.com/en/trade/MEME_USDT
FTX/Alameda deposited a total of 3 million SOL (~$117 million) to exchanges since October 24th.
They currently hold 3.96 million SOL (~$154 million) in staking.
https://solscan.io/account/9uyDy9VDBw4K7xoSkhmCAm8NAFCwu4pkF6JeHUCtVKcX#solTransfers
Former FTX CEO Sam Bankman-Fried was found guilty on all seven counts by a panel of 12 jurors.
The jury found the former executive guilty after a month-long trial where the prosecution presented nearly 17 witnesses to the defense’s three, with Bankman-Fried himself taking the stand.
Sam Bankman-Fried’s sentencing hearing is scheduled for March 28.
The former executive faces a maximum sentence of 115 years.
https://blockworks.co/news/sam-bankman-fried-found-guilty
More than $55 million in longs liquidated in the last 4 hours.
https://www.coinglass.com/LiquidationData
Arthur Hayes: “Fam I have something embarrassing I must admit. I just bot SOL, I know its a Sam-coin piece of dogshit L1 that at this point is just a meme. But it is going up, and I'm a degen.”
Arthur also reposted this picture.
https://x.com/cryptohayes/status/1720039326418137161
💧Recent Investments by Top Tier Angels
👉 Dropstab.com/insights/latest-fundraising-rounds
Crypto Market Daily Review ☀️
The market is growing. Market cap is $1.31. Bitcoin is trading at $35.2K
dropstab | icodrops | twitter | telegram
BTC is over $35.5k.
Growth leaders over 24 hours: UNI(+16%), MANA(+16%), ROSE(+15%), NEAR(+14%), GRT(+12%).
https://dropstab.com/
Coinbase has listed Celestia (TIA).
The TIA price has increased by 18%.
https://x.com/coinbaseassets/status/1719790581705007167
Binance plans to shut down a partnership with Advanced Cash, a payments firm that allowed customers to move funds held at sanctioned Russian banks to the cryptocurrency exchange.
https://www.wsj.com/livecoverage/fed-meeting-interest-rate-decision-fomc-november-2023/card/binance-to-shut-down-ruble-payment-partnership-jKH5mKQwN6qmLb24iEWx
Bounce Finance has partnered with DIP Exchange, a decentralized derivatives exchange.
Together they’re introducing the Launch of DIP Exchange’s Governance Token, DGT, at 14:00 UTC on November 1st 2023.
The DGT Fair Launch is conducted on Bounce Launchpad in the form of a Dutch Auction.
Details:
Start Time: 14:00 UTC, Nov 1st 2023
End Time: Within 24 hours or when the price reaches floor price
Blockchain: Base Goerli
Starting Price: 90 DIP per DGT
Floor Price: 30 DIP per DGT
Token Supply Amount: 250,000 DGT (25% of total supply)
Maximum Allocation per Wallet: No limit
https://bouncefinance.medium.com/dip-exchange-presents-dgt-fair-launch-on-bounce-launchpad-f566b2e4b711
Coinbase opens up crypto futures trading to US investors.
https://blockworks.co/news/coinbase-investors-futures-trading
HSBC, one of the largest financial conglomerates in the world and the UK's largest bank by assets, has begun working with Polygon.
HSBC is building a decentralized identity solution with Polygon ID.
https://polygon.technology/blog/why-hsbc-is-building-a-decentralized-identity-solution-with-polygon-id
💧Current state of the market in our weekly overview
dropstab | icodrops | twitter | telegram
Unibot fully compensated users for hacking losses.
In total around $600k was lost in the exploit which the Unibot team has covered in full with a cost basis of $1.78m.
https://x.com/teamunibot/status/1720156911147045219
Crypto Market Daily Review ☀️
The market is down. Market cap is $1.28T. Bitcoin is trading at $34.5K
dropstab | icodrops | twitter | telegram
$119 mln in longs was liquidated in 24 hours.
https://www.coinglass.com/LiquidationData
Ripple announced a partnership with the National Bank of Georgia (NBG) to launch the CBDC.
https://ripple.com/ripple-press/national-bank-of-georgia-selects-ripple-as-key-partner-for-digital-lari-pilot-project/
The market has been correcting all day today.
BTC is down to $34600, ETH is trading at $1800.
https://dropstab.com/
Matrixport predicts BTC to grow to $56K by the end of 2023, thanks to 'Santa Rally'.
https://www.coindesk.com/markets/2023/11/02/santa-rally-could-propel-bitcoin-to-56k-by-year-end-matrixport-says/
PayPal has received a subpoena from the SEC tied to its U.S. dollar stablecoin.
https://www.reuters.com/technology/paypal-receives-sec-subpoena-tied-stablecoin-2023-11-02/
MicroStrategy bought 6,067 BTC (~$167 million) in the third quarter of 2023.
According to the financial results for the third quarter of 2023:
▫️Total Revenues of $129.5 million, up 3% year-over-year
▫️Software Licenses Revenues of $45.0 million, up 16% year-over-year
▫️Subscription Services Revenues of $21.0 million, up 28% year-over-year
Loss from operations for the third quarter of 2023 was $25.2 million. Net loss for the third quarter of 2023 was $143.4 million.
As of October 31, 2023, MicroStrategy holds 158,400 BTC with a total value of $4.69 billion or $29,586 per BTC.
https://www.microstrategy.com/en/investor-relations/press/microstrategy-announces-third-quarter-2023-financial-results_11-01-2023
SBF's lawyer said SBF worked in "good faith" and should not be convicted of fraud.
https://www.coindesk.com/policy/2023/11/01/sam-bankman-frieds-defense-argues-ex-ftx-ceo-acted-in-good-faith-in-emotional-closing-argument/
SEC filed a lawsuit against SafeMoon.
The SEC has accused creator Kyle Nagy, CEO John Karony and Chief Technology Officer Thomas Smith of embezzling more than $200 million.
Karony and Smith have been arrested, Nagy remains at large.
https://www.sec.gov/news/press-release/2023-229
Worldcoin reported on WorldApp usage statistics.
▫️1 million active users per month (100k daily and 500k weekly)
▫️22 million transactions
https://worldcoin.org/blog/announcements/world-app-tops-4-million-downloads-active-users-double
Hashflow introduces trading fees, 50% of which will be distributed to HFT token stakers.
https://blog.hashflow.com/hashflow-implements-fees-to-further-support-protocol-growth-and-community-214f680e76ef