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Crypto Market Daily Review ☀️
The market is growing. Market cap is $1.42T. Bitcoin is trading at $37.1K
dropstab | icodrops | twitter | telegram
OpenAI’s ousted CEO Sam Altman was discussing a return to the startup he co-founded Saturday, after a flood of employee support and as major investors pressured the board to reverse the decision.
His return would invite a new bout of upheaval: the members of the board would have to be replaced, according to a person familiar with the discussions.
https://www.theinformation.com/articles/altman-decision-looms-as-sequoia-tiger-negotiate-behind-scenes
Justin Sun offered $10 million to the hackers who exploited Poloniex as a "white hat" reward.
https://x.com/peckshield/status/1725768026660979116
Chief technology officer Mira Murati appointed interim CEO to lead OpenAI; Sam Altman departs the company.
The WLD price has decreased by more than 10%.
https://openai.com/blog/openai-announces-leadership-transition
SEC postponed its review of Hashdex's Ethereum spot ETF registration application.
https://www.sec.gov/files/rules/sro/nasdaq/2023/34-98948.pdf
📈 Top Layer 1 Blockchains Price Comparison
👉 https://dropstab.com/categories/blockchain
Pyth Network gets listed on OKX.
Deposits: open
https://x.com/okx/status/1725151199786389709
Rumors: CZ attended a gala dinner with Xi Jinping.
CZ commented on Twitter: The intern probably just did a Google search, and thinks all Asians (especially with similar names) look the same...😂
Peng Zhao is a Chinese-born American businessman and CEO of Citadel Securities.
https://x.com/cz_binance/status/1725229633686196634
Subscription for Cradles Coin (CRDS) on the Bybit Launchpad starts today at 9:00 UTC.
The MNT price grows.
https://www.bybit.com/ru-RU/trade/spot/launchdetail/
Menlo raises $1.35bn to fund AI startups.
Menlo Ventures was founded in 1976 to invest in the technology businesses.
https://menlovc.com/menlo-raises-over-a-billion-dollars-to-fund-a-new-generation-of-startups/
Top losers for 24 hours: FTT (-12%), SOL (-10%), GAS (-10%).
https://dropstab.com/
Bazooka Tango, a studio formed by former developers of the fantasy MOBA game Vainglory, has secured $5 million in a new round of funding led by Bitkraft Ventures.
RW3 Ventures, Sfermion, and 1Up Ventures also participated in the round.
Bazooka Tango plans to use the fresh funding to expand its team and further development on its upcoming title, Shardbound, which has committed to launch on the upcoming Immutable zkEVM network.
https://decrypt.co/206135/bazooka-tango-raises-5-million-revive-shardbound-nft-game
Tether plans to become a BTC miner and will invest $500 million over 6 months to build its own facilities in three countries.
https://www.bloomberg.com/news/articles/2023-11-16/stablecoin-issuer-tether-usdt-btc-wants-to-become-a-major-bitcoin-miner#xj4y7vzkg
Chainflip will launch the FLIP token on November 23 at 12:00 UTC.
Coinlist users will receive tokens on their accounts.
https://x.com/chainflip/status/1725121580769091747
BlackRock has officially filed for a spot Ethereum exchange-traded fund with the U.S. Securities and Exchange Commission.
Coinbase will be the custodian.
https://www.theblock.co/post/263299/blackrock-ethereum-etf-sec
Liquidity provider Kronos Research was hacked.
Losses totaled more than $26 million.
https://x.com/researchkronos/status/1726203102842466650
The dYdX’s insurance fund lost $9.5M from the highly profitable trading strategy that caused a bunch of YFI liquidations.
https://x.com/dogetoshi/status/1725913689243414689
Fidelity has filed for an Ethereum ETF.
https://x.com/jseyff/status/1725643618378002840
Republic will launch its tokenized investment fund Republic Note on the Avalanche blockchain.
The security token aims to generate profits from a portfolio invested in more than 750 private assets.
Although not deployed to mainnet yet, Republic Note's price is $0.36 with between 300 million and 350 million distributed during a pre-sale round. The total supply of Republic Note tokens will be 800 million.
https://www.theblock.co/post/263371/republic-selects-avalanche-blockchain-for-its-investment-security-token
💧Current state of the market in our weekly overview
dropstab | icodrops | twitter | telegram
The chief developer of ENS has accused Unstoppable Domains of stealing the technology.
https://x.com/nicksdjohnson/status/1725167190914011490
Andrew Kang: “Would want to see low end of the range tested on BTC before running a lot of longs again. Market needs time to rest and recover just like your body after sitting in front of the monitors for 16 hours a day.”
https://x.com/rewkang/status/1725245853605187991
Crypto Market Daily Review ☀️
The market is down. Market cap is $1.40T. Bitcoin is trading at $36.3K
dropstab | icodrops | twitter | telegram
WisdomTree has updated its application for the spot BTC-ETF.
https://twitter.com/JSeyff/status/1725225523574382821
EigenLayer launches the Stage 2 testnet for validators and restackers.
Operators can register to the network and begin validating for the first AVS, EigenDA; Restakers can delegate their stake to Operators and start putting shared security to work with EigenDA; and Rollups can integrate with EigenDA to begin experimenting with cost-effective, hyperscale throughput use cases.
EigenLayer expects the Stage 2 mainnet to launch in the first half of 2024.
Stage 3 will introduce AVSs beyond EigenDA. It expects Stage 3 to go to testnet and mainnet in 2024.
https://www.blog.eigenlayer.xyz/launch-of-the-stage-2-testnet-eigenlayer-eigenda/
Bitcoin whale activity surges, hits 30% of total transaction volume.
https://x.com/cryptoslate/status/1725161250277986576
Aave Labs has rebranded to Avara.
https://x.com/aave/status/1725201251636281555
DAO Maker has announced its next SHO — Rebase.
Rebase is an AR Adventure & Web3 lifestyle application that lets you explore, collect, and redeem exclusive digital rewards in real life.
Token Supply: 500,000,000
Project Valuation: $30,000,000
Hard Cap: $8,650,000
Round Details:
Start: SHO is open
Total Raise: $600,000
DAO Peg: $0.8
DAO Raised: 750,000 DAO
https://daomaker.com/company/rebase
Clearpool has announced a new staking model.
The new mechanism fuels demand for CPOOL, ensures every holder has a voice, while unlocking the ability for large institutions to shape the protocol’s future direction.
To create an official governance proposal, users must hold a minimum amount of 1,000,000 CPOOL.
And to pass a governance vote, a quorum of 25,000,000 CPOOL is needed.
https://x.com/clearpoolfin/status/1725136700836606199
FUD: ETH insider Steven Nerayoff promises to expose ETH creators in 48 hours.
https://twitter.com/StevenNerayoff/status/1724994597049278515