🚀 DEX trading volume on Solana has surged over 245% in September.
👉 Dropstab.com/categories/solana-ecosystem
Binance has listed BEAMX.
BEAMX is now trading at $0.008.
https://www.binance.com/en/trade/BEAMX_USDT
Crypto Market Daily Review ☀️
The market is down. Market cap is $1.41T. Bitcoin is trading at $36.6K
dropstab | icodrops | twitter | telegram
Boyaa Interactive, a Hong Kong-listed company and China's largest board and card game company, said it will purchase cryptocurrencies with a total amount of no more than US$100 million within 12 months, mainly BTC and ETH.
https://x.com/wublockchain/status/1724287323771134367
Top losers for 24 hours: FTT (-16%), RLB (-10%), HT (-9%).
https://dropstab.com/insights/top-performance
Former Polygon Labs president Ryan Wyatt joins Ethereum Layer-2 Optimism as the Chief Growth Officer for Optimism Unlimited, a newly created subsidiary of the Optimism Foundation.
Wyatt will build a team to support adoption and development on Optimism.
https://decrypt.co/205859/former-polygon-labs-president-ryan-wyatt-joins-ethereum-layer-2-optimism
Cathie Wood's ARK Invest sold over 200,000 shares in Grayscale Bitcoin Trust (GBTC), worth around $6 million.
GBTC remains the largest holding of ARKW, with a weighting of 9.97% worth about $132 million.
https://www.coindesk.com/markets/2023/11/13/cathie-woods-ark-sold-6m-of-grayscale-bitcoin-trust-shares-amid-rally/
CEO of Grayscale Michael Sonnenshein: “It's been a ten year dress rehearsal. We're ready for the main event”.
https://twitter.com/Sonnenshein/status/1724043739918668139
Animoca Brands has joined the Chiliz Chain as a new validator.
https://chiliz.medium.com/chiliz-welcomes-animoca-brands-to-its-sportfi-ecosystem-b820e82070d8
Tether plans to launch 5 new projects in 2024.
https://x.com/paoloardoino/status/1723766170120073640
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $1.42T. Bitcoin is trading at $36.9K
dropstab | icodrops | twitter | telegram
Coinbase will add support for Solana and Avalanche perpetual futures contracts on Coinbase International Exchange and Coinbase Advanced.
The opening of SOL-PERP and AVAX-PERP markets will begin on or around 16:00 UTC on 14 November 2023, if liquidity conditions are met.
https://x.com/coinbaseintexch/status/1723838492449403058
Aave V3 markets have been unpaused, Aave V2 Ethereum is expected to be unpaused tomorrow.
https://x.com/aave/status/1723736103012704400
Axie will be making an announcement regarding Axie Classic this month.
https://x.com/jihoz_axie/status/1723601556321272299
Bounce Finance has introduced the launch of the Multibit Bridge native token (MUBI) via an ERC20 Public Sale on Bounce Launchpad.
Date: Nov 12, 4:00 UTC ~ Nov 15, 6:00 UTC
Amount of MUBI Offered: 387500000 MUBI
Price: 1 MUBI = 0.00000022709 ETH
Maximum Allocation per wallet: 2.5ETH
Total Raise Value: 88 ETH
MultiBit Bridge is the dual-sided bridge designed for cross-network transfers between BRC20 and ERC20 tokens.
https://bouncefinance.medium.com/multibit-bridge-introduces-mubi-handshake-launch-on-bounce-launchpad-ecf6dcf7c6af
LayerZero Labs launches ColorTrace, an onchain attribution solution.
https://x.com/layerzero_labs/status/1724367217431556211
Foresight Ventures acquired a majority stake in The Block at a $70 million valuation.
Larry Cermak will be staying as CEO.
https://x.com/lawmaster/status/1724047627774287927
At 2023-11-14 08:00 UTC, trading will open for the BEAMX/USDT spot trading pair.
https://www.binance.com/en/support/announcement/binance-will-support-the-merit-circle-mc-token-swap-redenomination-and-rebranding-to-beam-beamx-0b171519f1824ee288af7343ec91ce33
Coinbase's Vice President of International Development Nana Murugesan has left the company.
https://x.com/nanamurugesan/status/1724151933957746860
Pantera Capital explained how the collapse of FTX impacted to its portfolio:
2/ Following the news of FTX and Alameda’s distressed financial position, we assembled a war room to assess the extent of the impact across our portfolio.
Our goal was to:
1) identify all potential risks; and
2) offer assistance to at-risk teams
3/ It’s important to note that having been in this industry for ten years, this exercise was not new to us. We’ve activated our war room for similarly stressed environments like the 2018 crypto winter, Three Arrows bankruptcy, LUNA crash, and most recently, the banking crisis.
4/ After identifying all potential risks (custodial, counterparty, investment, etc.), we worked with affected teams to mitigate further exposure and create a plan moving forward.
5/ Fortunately, less than 5% of our portfolio teams were materially impacted, due in part to proactive risk management practices we regularly emphasize to our founders.
https://twitter.com/PanteraCapital/status/1724145828191944936
Fake news about BlackRock's XRP-ETF filing led to the liquidation of $6 million in futures positions
BlackRock denied the fake news, saying it has no plans to launch an XRP-ETF.
https://www.coindesk.com/business/2023/11/13/bogus-blackrock-xrp-filing-spoofs-etf-watchers-crypto-traders/
The early buyer of the Grok memcoin has earned $252K and dumped the coin by 50%.
At one point, the project's FDV was as high as $150M.
The memecoin was named after Grok, a new artificial intelligence endeavor from Elon Musk’s xAI announced on Nov. 5.
https://etherscan.io/tx/0xbf0a5ccd3de05f2d400aeb1074b3b5aa01277ec9987a4da901ddacc13ad954b0
https://dexscreener.com/ethereum/0x69c66beafb06674db41b22cfc50c34a93b8d82a2
💧 Top Derivative DEXs by Raised Funds in 2023
👉 Dropstab.com/insights/latest-fundraising-rounds
Bitget ceases operations in Hong Kong and withdraws the license application.
https://www.bitgetx.hk/zh-TW/footer/announce
It became known that in 2014 CZ sold its real estate in Shanghai to finance the future Binance project.
https://x.com/vt_bnb/status/1723729003641459094
ZachXBT: It appears someone had 27M USDT stolen yesterday. USDT was quickly swapped for ETH, then transferred to a number of services (FixedFloat, ChangeNow, etc), and bridged to Bitcoin via THORChain. The victims address is connected to the Binance deployer.
https://x.com/zachxbt/status/1723766453273293224
Global investment bank JPMorgan has warned investors that U.S. crypto regulations are unlikely to ease, even though the Securities and Exchange Commission (SEC) has lost several recent court cases against crypto firms.
https://news.bitcoin.com/jpmorgan-us-crypto-regulations-unlikely-to-ease-despite-sec-legal-defeats/
South Korean exchange Bithumb plans its IPO on Nasdaq in the second half of 2025.
https://m.edaily.co.kr/news/read
FTX’s former general counsel Can Sun, who testified against Sam Bankman-Fried at his criminal trial, is leading Backpack’s new crypto exchange, according to the Wall Street Journal.
https://www.theblock.co/post/262701/former-ftx-general-counsel-who-testified-against-sbf-to-lead-new-exchange-backpack-wsj
Leaders of growth over 24 hours: FTT +44%, ZRX +38%, TIA +35%.
Worst result: GAS -53%.
https://dropstab.com/insights/top-performance