Radiant Capital launches airdrop for 2 million ARB (~$2.22 million).
New dLP locked for 6-12 months on Arbitrum after snapshot 1 (block #147753665) and before snapshot 2 (in the next 30-90 days) qualifies.
The qualifying period will end before January 31, 2024.
https://x.com/rdntcapital/status/1721571406477951128
Moody’s unveils service that uses AI to predict stablecoin depeggings.
https://cointelegraph.com/news/moodys-ai-service-stablecoin-depegging-index
Cathie Wood stated that Bitcoin is insurance against both inflation and deflation, similar to gold, but Bitcoin is digital gold.
https://x.com/washigorira/status/1720402205885317499
Hong Kong is considering launching cryptocurrency ETFs.
https://www.bloomberg.com/news/articles/2023-11-05/hong-kong-mulls-allowing-spot-crypto-btc-etfs-sfc-s-leung-says
OKX will delist 26 trading pairs.
Nov. 9, 8:00-8:30 UTC: CELO-USDC, AXS-USDC, ENS-USDC, IOST-USDC, THETA-USDC, OMG-USDC, GMT-USDC, YFI-USDC, DASH-USDC, XTZ-USDC, NEAR-ETH, IMX-USDC, GMX-USDC, APE-BTC, AAVE-ETH, CORE-USDC, ALGO-BTC, DYDX-BTC, XLM-ETH
Nov. 10, 8:00-8:30 UTC: HNT-USDT, BTM-USDT, PICKLE-USDT, QOM-USDT, SAITAMA-USDT, COVER-USDT, DHT-USDT
https://www.okx.com/ru/help/okx-to-delist-several-spot-trading-pairs-11-6
Curve Finance asks hack victims to verify their addresses in the repository.
https://twitter.com/CurveFinance/status/1721216799096631572
Uniswap (UNI) will be listed on HashKey Exchange at 8:00 UTC on November 9.
https://hashkey-pro.zendesk.com/hc/en-gb/articles/24872969839513-Uniswap-UNI-Will-be-Listed-on-HashKey-Exchange-Learn-and-Share-a-Reward-Pool-of-5-000-HSK
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $1.32T. Bitcoin is trading at $34.9K
dropstab | icodrops | twitter | telegram
Arthur Hayes warns of the dangers of ETFs.
Some thoughts by Hayes:
▫️Asset managers like BlackRock are effectively “agents of the state,” Hayes cautions. “They act on what the state tells them to do.”
▫️“If the BlackRock ETF gets too big,“ he warns, “it could actually kill bitcoin because it’s just a bunch of immovable bitcoin that’s just sitting there.”
▫️Hayes says people need to think longer term about the issue. “Yes, okay, ETF comes, price pumps to whatever it pumps to — but what’s the net result of one institution holding all this crypto?”
https://blockworks.co/news/institutional-bitcoin-blackrock-otm
Nansen CEO: “Our ambition is to launch a brand new version of Nansen at the start of every new bull market.”
https://x.com/asvanevik/status/1721129303931494665
SBF will likely serve 25 years rather than max sentence, former DOJ prosecutor says.
Former FTX CEO Sam Bankman-Fried will finally be sentenced in March 2024.
https://cryptoslate.com/sbf-will-likely-serve-25-years-rather-than-max-sentence-former-doj-prosecutor-says/
AAVE has suspended the protocol due to a vulnerability found.
Action taken:
- Pause the Aave V2 Ethereum Market
- Pause certain assets on Aave V2 on Avalanche
- Freeze certain assets on Aave V3 on Polygon, Arbitrum, Optimism
https://x.com/aave/status/1720868368331219100
LayerZero has obtained the SSL certificate for layerzero.foundation.
Usually this certificate is obtained before launching the website.
Many Influencers started spreading information that this is a harbinger of airdrop coming soon.
https://x.com/sartavage/status/1720728046410277345
Cryptocurrency exchange Coinbase is prepared to move quickly if a spot Bitcoin ETF is approved soon, Coinbase COO Emilie Choi said.
https://decrypt.co/204329/coinbase-ready-hit-ground-running-bitcoin-etf-approval-coo
OpenSea will lay off 50% of its staff and reorient the team around OpenSea 2.0.
https://decrypt.co/204371/opensea-slashes-nft-marketplace-staff-50-layoffs
Kraken is considering Polygon, Matter Labs and Nil Foundation among others to help launch its own layer 2 network, people familiar with the matter told CoinDesk.
Kraken recently added a job posting on the careers section of its website, advertising for a "Senior Cryptography Engineer" with "knowledge of modern cryptography (including ZK proofs)" whose opportunities could include "design and implementation of layer-2 solutions."
https://www.coindesk.com/tech/2023/11/07/kraken-said-to-seek-partner-to-help-build-it-a-layer-2-blockchain-network/
Ava Labs is laying off 12% of its employees.
https://twitter.com/el33th4xor/status/1721684964389900415
Silicon Valley investment firm Proof Group, part of the Fahrenheit consortium that successfully bid for bankrupt cryptocurrency lender Celsius, is in the running to relaunch FTX, according to two people familiar with the plans.
Proof Group is a venture capital investor in crypto projects such as Aptos, Lightspark and Sui.
https://www.coindesk.com/business/2023/11/06/celsius-winner-proof-group-is-in-running-to-relaunch-ftx-sources-say/
Binance will make an announcement on November 8.
https://x.com/binance/status/1721513080100622756
Arbitrum DAO has approved a proposal for ARB token holders to stake tokens in return for a yield.
The yield will be funded by the treasury and distributed over 12 months via smart contract.
https://www.theblock.co/post/261628/arbitrum-dao-approves-proposal-to-activate-token-staking
Non-fungible tokens (NFTs) and the blockchain made a special appearance on The Simpsons, Sunday night U.S. time.
During Treehouse of Horror 34, the Halloween special episode of the iconic animated series, the show made numerous references to the overvaluation of on-chain NFTs in the first chapter of the episode titled “Wild Barts Can’t Be Token.”
https://www.coindesk.com/markets/2023/11/06/the-simpsons-take-a-dig-at-nfts-crypto-in-treehouse-of-horror-episode/
https://twitter.com/DegenerateNews/status/1721338019930591653
2 billion TRX was withdrawn from Binance in a single transaction.
https://whale-alert.io/transaction/tron/2a3de45737af390cf71d5e61f24bfbb69557ca2f310b83f364105810c31de669
Aave is holding the vote to disable Stable Borrows on all networks and pools for the sake of security.
https://app.aave.com/governance/proposal/358/
Chairman and CEO of Vanguard Group Tim Buckley says the firm won't join the Bitcoin ETF race, as Vanguard claims to be focused on asset classes with an intrinsic value and capable to generate cash flows, like equities and bonds.
https://x.com/bitcoinnewscom/status/1721139999540728128
There was a fake Ledger Live app on the official Microsoft App Store which was resulted in 16.8+ BTC ($588K) stolen.
The app has deleted yet.
https://x.com/zachxbt/status/1720961400313373127
Yuga Labs is partnering with Magic Eden to launch the new Magic Eden ETH marketplace.
The marketplace will launch end of 2023, more details soon.
https://x.com/yugalabs/status/1720757313676488927
Dune Analytics has launched Dune AI, its AI service.
https://x.com/duneanalytics/status/1720035727386292328
Voyager burned 52 million VGX (~$7.3 million).
The token price has increased by 8%.
https://www.coindesk.com/business/2023/11/03/voyager-token-jumps-20-as-73m-vgx-sent-to-burn-address/
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Ekaterina Zhdanova, a Russian national, for her role in laundering and moving funds using virtual currency on behalf of Russian elites.
https://home.treasury.gov/news/press-releases/jy1874