Grayscale Investments has lodged a second application for an Ethereum futures ETF, tracking Ethereum Futures contracts.
Unlike the previous application, the new one was filed under the Securities Act of 1933, used for commodities and Bitcoin ETFs.
https://beincrypto.com/grayscale-ethereum-futures-etf-application/
Arbitrum Odyssey starts September 26th, 2023.
https://arbitrumfoundation.medium.com/arbitrum-odyssey-reignited-a98f627d42ef
Tether CTO Paolo Ardoino: “1B USDt inventory replenish on Tron Network. Note this is a authorized but not issued transaction, meaning that this amount will be used as inventory for next period issuance requests and chain swaps.”
https://x.com/paoloardoino/status/1704071703612014729
Base updated their Twitter profile, indicating that they have no plans to issue a new network token.
https://twitter.com/BuildOnBase
🔥Recent Funding Rounds Backed by Top Tier Angels
👉 https://dropstab.com/insights/latest-fundraising-rounds
The BTC price has risen back above $27K and is now trading at $27087.
https://dropstab.com/coins/bitcoin
Opensea's valuation on OTC has fallen from $12 billion to $1.2 billion.
The company is discouraging such deals.
https://x.com/doveywan/status/1704055311621882301
Elfin Kingdom Games has introduced the Elfin Arcade, an expansive mini-games and esports ecosystem.
https://twitter.com/ElfinGames/status/1703974696532754891
The whale woke up after 6 years and transferred 2100 BTC (~$56.3 million) to a new address.
https://bitinfocharts.com/bitcoin/address/13RLtGaeT4mWsNioddpx5w8LHc3Sa4fPXs
A U.S. judge Zia Faruqui did not make any rulings on the SEC's discovery requests or Binance.US's opposition.
“I’m not going to order from the bench right now that they produce or not produce things. Let’s continue to try to work this out,” he said. “I just want to keep things moving.”
https://www.coindesk.com/policy/2023/09/18/i-just-want-to-keep-things-moving-judge-makes-no-ruling-in-sec-binance-document-dispute/
The BTC price has decreased from $27400 to $26800.
https://dropstab.com/coins/bitcoin
Blockchain Capital, a crypto-focused investment firm, has raised $580 million for two new funds.
The funding is split between $380 million for its sixth early-stage fund, which will focus on newer companies and protocols in pre-seed and Series A rounds, and $200 million for its opportunities fund, which will target late-stage investments from Series B onward.
https://www.coindesk.com/business/2023/09/18/crypto-vc-firm-blockchain-capital-raises-580m-for-2-new-funds/
Coinbase said that there are several mitigating factors that should reduce the risk of market shocks when FTX tokens are eventually sold:
First, it’s unlikely these tokens will flood the market because liquidations are bound by weekly sell limits of $50M per week across digital assets in the initial phase, before increasing to $100M in subsequent weeks.
Second, there are strict controls in place for selling certain “insider-affiliated” tokens that require 10 days advance notice to these same committees.
Third, a major part of FTX’s SOL holdings are locked up until around 2025 due to the token’s vesting schedule, as are some other tokens up for sale.
Fourth, FTX will be able to hedge its sales of BTC and ETH as well as other debtor-identified assets through an investment advisor, assuming it receives prior committee approval.
https://www.coinbase.com/ru/institutional/research-insights/research/weekly-market-commentary/disassociation-sept-15-2023
Framework Ventures proposed a new method of token distribution: 90% sell tax instead of lock-up.
https://x.com/pythianism/status/1703570829450330485?s=20
Base TVL outperformed Solana.
Base TPS increased by ~50% in 7 days.
https://defillama.com/chains
Balancer was hacked.
DeFi protocol lost ~$238k.
https://x.com/im_23pds/status/1704284941918589173
52 million Americans own crypto, according to a Coinbase research.
Nearly nine in ten (87%) Americans believe the financial system needs changing and half (51%) of Americans believe that America’s financial system does not work fairly for everyone. Most perceive the system as benefiting anyone but people like themselves, and only 14% are optimistic about the future of the financial system.
https://www.coinbase.com/blog/a-call-to-action-mobilizing-52-million-crypto-owners-into-an-army-of-1
Ethereum Request for Comments (ERC)-7512 is a proposed standard aiming to enhance Ethereum smart contract security by standardizing on-chain verification of smart contract audits.
The standard has been proposed by developers from Safe, Ackee Blockchain, OtterSec, ChainSecurity, OpenZeppelin, and Hats Finance.
https://www.theblock.co/post/251666/ethereum-standard-security-audits
Injective is introducing the launch of inEVM, the first-ever Ethereum Virtual Machine capable of achieving true composability across Cosmos and Solana.
The inEVM network was developed in collaboration with Caldera, a L2 rollup infrastructure platform backed by Sequoia.
https://blog.injective.com/injective-unveils-inevm-a-groundbreaking-ethereum-rollup-for-hyperscaling-multi-vm-development/
Neo will have the Basilisk hardfork on the mainnet on September 20
Below is a list of improvements and optimizations included in this release:
▫️Neo-VM supports new OpCode: ABORTMSG and ASSERTMSG.
▫️Support find contract by contract id.
▫️Smart contract supports ZKP-Groth16.
▫️New attribute type: conflict, is added into transaction Payloads. Unconfirmed transactions are able to be canceled.
▫️New features on console log to make it more pretty.
▫️New Plugin for neo-cli: StorageDumper. It allows exporting modified storage.
▫️New API for RPC: FindStorage. It allows finding storage by storage key or prefix.
▫️All projects are upgraded to .net 7.0.
▫️Harkfork Basilisk for mainnet is on Block 4120000.
https://neo-blockchain.medium.com/neo-cli-v3-6-0-testnet-and-mainnet-upgrade-notice-6f08abcab4b9
Tether minted $1 billion on the TRON network.
https://whale-alert.io/transaction/tron/313bd3a5b1f7e6a03df3d296bbeb740099c58b6034cb64e576fdd58363748edd
Rumors: BlackRock have purchased 12,200 BTC ($320M).
https://en.cryptonomist.ch/2023/09/18/blackrock-news-rumors-purchase-12200-bitcoin/
Crypto Market Daily Review ☀️
The market is growing. Market cap is $1.07. Bitcoin is trading at $26.8K
dropstab | icodrops | twitter | telegram
OpenSea, Blur and Rarible have restricted trading on the cartoon NFT collection Stoner Cats following SEC action.
https://cryptoslate.com/opensea-rarible-and-more-nft-marketplaces-restrict-stoner-cats-following-sec-action/
The Layer 1 blockchain Canto is set to migrate to Ethereum.
Canto is working with the Ethereum scaling developer Polygon to do so, leveraging the Polygon Chain Development Kit (CDK) to undergird the new design as it puts a focus on real-world assets.
https://www.theblock.co/post/251566/canto-to-migrate-into-a-zk-powered-layer-2-on-ethereum
In the latest filing by the SEC, the regulator says that the Binance US audit found it “very difficult to ensure the company was fully collateralized.”
On Monday, the SEC asked the court to reject Binance’s objections to the SEC’s motion and to inspect the exchange.
Adam Cochran said the exchange mixes user funds with its own assets from profits to cover the lack of collateral.
https://watcher.guru/news/sec-binance-us-found-difficulty-ensuring-company-was-collateralized
https://x.com/adamscochran/status/1703844472851759115
Bitcoin is trading above $27k.
Liquidated ~$27 mln short positions.
https://www.coinglass.com/LiquidationData
SEC insider says chief Gary Gensler has told friends and advisors that he would like to gracefully extricate himself from his “personal Vietnam” by approving one or more spot Bitcoin ETFs from the major fund companies where he hopes to get a job after leaving the agency.
https://twitter.com/mikealfred/status/1703465138681192814
Crypto Market Daily Review ☀️
The market is growing. Market cap is $1.07. Bitcoin is trading at $26.6K
dropstab | icodrops | twitter | telegram
On Sep. 20 the House Financial Services Committee will mark up two bills blocking a potential digital dollar in the United States.
https://cointelegraph.com/news/us-lawmakers-advance-legislation-blocking-digital-dollar