Coinbase CEO Brian Armstrong called flatcoins “the next iteration of stablecoins” and hinted about the future direction of the company’s venture investments in an interview.
https://www.theblock.co/post/250060/coinbase-ceo-brian-armstrong-eyes-flatcoins-as-next-iteration-of-stablecoins
FTX reveals list of fees to influencers for promoting the exchange.
FTX paid out:
~$750k to former NBA star Shaquille O'Neal;
~$308k to tennis star Naomi Osaka;
~$206k to Jacksonville Jaguars quarterback Trevor Lawrence;
~$271k to former Boston Red Sox player David Ortiz.
https://decrypt.co/155732/shaq-got-nearly-750000-from-ftx-amid-millions-in-celebrity-deals
ZachXBT uncovered influencers TraderNJ1 and PetaByte behind scamming projects for tokens and quick sales after advertising.
https://x.com/zachxbt/status/1700892764911624578
This week, 10 projects (APT, FT, SWEAT, BICO, SNX, HIGH, CYBER, UNI, GRT, LDO) will unlock tokens totaling over $104 million in value.
APT - 4.54 million tokens ($23.17 million) - September 12
FT - 2.02 million tokens ($3.81 million) - September 12
SWEAT - 594.26 million tokens ($4.4 million) - Sept. 13
BICO - 22.3 million tokens ($4.44 million) - September 14
SNX - 3.16 million tokens ($6.76 million) - September 15
HIGH - 3.64 million tokens ($4.62 million) - September 15
CYBER - 1.14 million tokens ($5.51 million) - September 15
UNI - 8.33 million tokens ($35.03 million) - September 16
GRT - 89.4 million tokens ($7.41 million) - September 17
LDO - 7.92 million tokens ($11.69 million) - September 18
https://dropstab.com/insights/vesting
Russia, Argentina, Turkey, Ukraine and Vietnam sent the most traffic to Binance, according to Similarweb data.
https://www.similarweb.com/website/binance.com/#traffic
FTX creditors are about to file a foreclosure lawsuit against LayerZero.
LayerZero reportedly used insider information to withdraw $21 million from FTX before FTX closed and prohibited withdrawals.
In addition, FTX is also seeking to recover approximately $13.07 million and $6.65 million from former LayerZero Labs COO Ari Litan and its subsidiary Skip & Goose, respectively.
https://x.com/sunil_trades/status/1700461661562257490
Cover Traffic rewards are live for all HOPR node runners who are Safe-ly staking their tokens.
https://twitter.com/hoprnet/status/1700481327819047400
Someone created fake news that BlackRock plans to acquire Voyager Digital to pump tokens.
The Associated Press website even published it with paid content. The social media source marked in the press release is a Chinese account with only one fan.
https://x.com/wublockchain/status/1700504956414099601
SBF attorney requests temporary release of SBF to access defense materials.
https://x.com/wublockchain12/status/1700357521557352880
The old Telegram for PEPE has been hacked and is no longer under the control of the project.
All official communication from PEPE over the coming weeks will come from the Twitter account.
https://x.com/pepecoineth/status/1700335056433393690
Binance NFT will be discontinuing The Sandbox NFT Staking Program at 2023-09-26 06:00 UTC.
Additionally, Binance NFT will be removing support for Polygon Network from 2023-09-26 06:00 UTC onward.
https://www.binance.com/en/support/announcement/binance-nft-important-updates-on-the-sandbox-nft-staking-program-and-polygon-network-support-accd8386f2b64a27a880894437c76089
💧Current state of the market in our weekly overview
dropstab | icodrops | twitter | telegram
Crypto Market Daily Review ☀️
The market is growing. Market cap is $1.06. Bitcoin is trading at $26.2K
dropstab | icodrops | twitter | telegram
FBI identifies Lazarus Group cyber actors as responsible for theft of $41 million from Stake.com.
https://www.fbi.gov/news/press-releases/fbi-identifies-lazarus-group-cyber-actors-as-responsible-for-theft-of-41-million-from-stakecom
Former FTX executive Ryan Salame is planning to plead guilty to criminal charges over the collapse of the cryptocurrency exchange, according to people familiar with the case.
https://www.bloomberg.com/news/articles/2023-09-07/ex-ftx-executive-salame-to-plead-guilty-to-criminal-charges
Coinbase plans to cease all exchange services for users in India after September 25 and advising them to withdraw any funds they have in their accounts.
https://techcrunch.com/2023/09/10/coinbase-india/
Animoca Brands has raised US$20 million (approximately A$31.3 million) via the issue of new ordinary shares at a price per share of A$4.50.
The funding round was led by CMCC Global, with other investors including Kingsway Capital, Liberty City Ventures, GameFi Ventures, Aleksander Larsen (founder of Sky Mavis), Gabby Dizon (founder of Yield Guild Games), institutional investors of Koda Capital, and others. Yat Siu, the executive chairman and co-founder of Animoca Brands is also participating in the round.
The new capital will be used to advance the Mocaverse project, including product development, facilitating Web3 adoption, and securing partnerships to expand the gaming, culture and entertainment ecosystem of Animoca Brands’ portfolio of approximately 450 investments in Web3 companies and projects.
https://www.animocabrands.com/animoca-brands-raises-usd-20m-for-its-mocaverse-project
Bitcoin network saw a transaction with a record fee of 19.82 BTC (~$508k).
F2Pool co-founder Wang Chun said that approximately 20 BTC will be temporarily out on hold. They will be redistributed to miners if nobody comes to claim it after three days.
https://blockstream.info/tx/d5392d474b4c436e1c9d1f4ff4be5f5f9bb0eb2e26b61d2781751474b7e870fd
Rumors: Galaxy Digital sold 3 million MATIC for $1.8 million to Coinbase and Kraken via OTC.
https://x.com/martypartymusic/status/1700612445075825000
Vitalik Buterin twitter account was hacked.
Access restored.
https://twitter.com/PeckShieldAlert/status/1700650945758335486
FTX will likely get approval to liquidate its assets on Sept. 13.
FTX had $3.4B in crypto in April. The proposed plan is to sell assets worth up to $200M per week.
https://x.com/thedefinvestor/status/1700461501977354386
Bounce Finance has announced iPhone 15 Auction details.
Auction start time: September 9th, 15:00 UTC
Floor Price: 10 AUCTION
Bid Increase Rate: 5%
Auction End Time: When no higher bid is placed within 24 hours
Final Winner (Highest Bid) Receives: An iPhone 15 Pro Max & its NFT
https://bouncefinance.medium.com/bounce-iphone-15-auction-guide-bid-earn-with-auction-e7b7d86e401e
According to onchain data, the amount of ETH in staking is almost twice the amount of ETH on exchanges.
https://x.com/rovercrc/status/1700089245275234586
The SEC has filed its Reply Memorandum in the Ripple case in Further Support of its Motion to Certify Interlocutory Appeal.
https://x.com/filanlaw/status/1700233681586073877
Apple has reportedly paid $5 million for the rights to author Michael Lewis’ upcoming book on former FTX CEO Sam Bankman-Fried.
The book is scheduled to be released on Oct. 3, the day SBF’s criminal trial in New York begins.
https://cointelegraph.com/news/apple-secures-rights-book-sam-bankman-fried
Faruk Fatih Ozer, who ran crypto exchange Thodex until it imploded in 2021, was sentenced to 11,196 years in prison by a Turkish court for crimes including fraud.
The court in Istanbul sentenced Ozer and his two siblings to similar-length jail terms, finding them guilty of aggravated fraud, leading a criminal organization and money laundering.
The total amount of losses investors suffered when Thodex collapsed remains unclear. The prosecutor’s indictment estimates them at 356 million liras ($13 million), but Turkish media have reported figures as high as $2 billion. A study by Chainalysis put the value of cryptocurrency lost at Thodex at $2.6 billion.
https://www.bnnbloomberg.ca/turkish-crypto-boss-sentenced-to-over-11-000-years-in-prison-1.1968762
Base Ecosystem Fund announces first six investments.
Avantis is an oracle-based synthetic derivatives protocol where users can trade crypto and real world assets with up to 100x leverage, and earn yield as a market-maker by providing USDC liquidity.
BSX is building a decentralized limit order book for users to go long and short with leverage.
Onboard provides an onchain, self-custodial path for users to onramp and offramp crypto in a peer-to-peer manner through their own MPC wallet and smart contracts.
OpenCover is the first L2 insurance aggregator that works with underwriters like Nexus Mutual to protect DeFi users against onchain risks.
Paragraph is an onchain creator platform that helps creators publish, share, and build a business around their content, using permissionless protocols to supercharge growth and earning potential.
Truflation is an onchain financial oracle that provides automated and independent daily inflation reporting (i.e. CPI) by compiling data from 18M+ points and 40+ data sources in real-time.
https://base.mirror.xyz/yxd0L-FlWCto53pDaxIkEBdkgavvXJk4S3O_5-I33No
JPMorgan is exploring blockchain-based deposit token for payments, settlements.
https://www.bloomberg.com/news/articles/2023-09-07/jpmorgan-jpm-explores-blockchain-deposit-token-for-payment-settlement#xj4y7vzkg
Coinbase, Circle, Aave, Centrifuge, Goldfinch and others jointly launch Tokenized Asset Coalition (TAC).
The Tokenized Asset Coalition will help educate the industry, advocate for standardization and innovative companies, and collectively build the protocols and infrastructure needed for scale adoption.
https://x.com/rwa_xyz/status/1699759591406641445
An individual lost $24 million in what appears to be a phishing attack.
The stolen assets were 4,851 Rocket Pool ETH and 9,579 Lido Staked ETH.
Security analysts say the victim accidentally authorized a malicious transaction.
https://www.theblock.co/post/249643/individual-loses-24-million-in-likely-crypto-phishing-attack