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ICO Drops - ICO News & Alerts

39% of family offices are investing in or exploring cryptocurrencies, according to BNY Mellon report

https://info.bnymellonwealth.com/rs/636-GOT-884/images/GFO_Investment_Research_Report_2024_BNY_Mellon_WM.pdf

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EigenLayer TVL exceeded $20B

https://defillama.com/protocol/eigenlayer#information

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Binance has announced the 55th project on Binance Launchpool - IO.NET (IO).

Users will be able to stake their BNB and FDUSD into separate pools to farm IO tokens over four days, with farming starting from 2024-06-07 00:00 UTC.

Binance will then list IO at 2024-06-11 12:00 UTC and open trading with IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY trading pairs.

https://www.binance.com/en/support/announcement/introducing-io-net-io-on-binance-launchpool-farm-io-by-staking-bnb-and-fdusd-6556e3b5aae54c76adb0fd267b105a15

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VanEck projects that ether will hit $22,000 by 2030

https://www.coindesk.com/markets/2024/06/05/vaneck-sees-ether-hitting-22k-by-2030/

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ICO Drops - ICO News & Alerts

The crypto market is neutral
BTC Dominance - 52.48%

Market Cap - $2.67T
BTC - $71,060 (+0.22%)
ETH - $3,866 (+1.54%)
BNB - $696.6 (-0.25%)
TAIKO - $2.63
ARB - $1.11 (+0.30%)
STRK - $1.31 (-1.76%)
W - $0.63 (-1.22%)

https://dropstab.com

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Bybit suddenly opened up registration and authentication for users in China.

Embarrassingly, on the same certification page, Bybit still states: Bybit does not offer its services or products in certain jurisdictions, including the United States, Mainland China, Singapore, Quebec (Canada), Ontario (Canada), Iran, Sudan, and Syria.

https://x.com/wublockchain/status/1798368770899275974

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Vitalik Buterin: „A quick summary of features that a celebrity crypto project needs to have for me to be more willing to respect it:

1. Have some kind of public-good goal that it's serving, other than enriching the celebrity and early adopters. Realistically, either an art project or the celebrity's favorite charity, or both.
2. Have some kind of fun mechanics that go beyond just trading a token. As much as I dislike token voting DAOs, at least they give *something* for people to do and organize around. The DAO should not fully decide the agenda, but it can have some influence.
3. Make something that lasts 10+ years, rather than bubbling around for a few months and then being forgotten.

The north star should be: to have a project where even if eventually all tokens involved go to zero, the average person who participated is happy to have done so. Regular businesses and charities accomplish this goal all the time! It's a low bar, but things we build should meet this bar as well“.

https://x.com/vitalikbuterin/status/1798293391144366184

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Taiko trading has started on Bybit, MEXC, Bitget, KuCoin.

TAIKO is now trading at $2.27.

FDV: $2.27B

Claim: https://claim.taiko.xyz/

https://www.bybit.com/en/trade/spot/TAIKO/USDT

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Carv node sale starts in 10 minutes

CARV is a modular blockchain for AI and games. The project uses artificial intelligence to identify web2 users' gaming accounts and integrates them into web3.

BNB Chain has incubated the project.
It is working along with Aethir as well.

The project has raised $14 million in fundraising rounds from OKX, Tribe Capital, Hashkey, Consensys, etc.

Use "icodrops" to receive 10% off.

https://verifier.carv.io/?code=icodrops

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Tether announced an $18.75 million investment in XREX Group, a Taiwan-headquartered cryptocurrency exchange.

https://www.theblock.co/post/298357/tether-xrex-investment

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Bitcoin spot ETFs had a total net inflow of $887 million on June 4, the second highest single-day net inflow in history

Grayscale ETF GBTC had an inflow of $28.1957 million, Fidelity ETF FBTC had an inflow of $379 million, and BlackRock ETF IBIT had an inflow of $274 million. The total net asset value of Bitcoin spot ETFs is $61.46 billion.

https://x.com/wublockchain/status/1798204045104169236

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Uniswap will make an announcement

The UNI price has increased by 19% in 24 hours.

https://x.com/uniswap/status/1798004635665572245

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Tether CEO Paolo Ardoino told The Block that the EU’s MiCA regulation “contains several problematic requirements.”

He said those requirements “could not only render the job of a stablecoin issuer extremely complex but also make EU-licensed stablecoins extremely vulnerable and riskier to operate.”

https://www.theblock.co/post/298434/tether-concerned-eu-mica-stablecoin-requirements

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BlackRock and Citadel are planning to start a new national stock exchange in Texas

The Texas Stock Exchange, which has raised about $120 million, plans to file registration documents with the Securities and Exchange Commission (SEC) later this year.

The TXSE, as it is known, plans to start in 2025 and host its first listing in 2026.

https://www.reuters.com/markets/us/blackrock-citadel-backed-group-start-new-national-stock-exchange-texas-wsj-2024-06-05/

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Michael Novogratz, founder and CEO of crypto investment firm Galaxy Digital, believes Bitcoin’s price could hit $100,000 by year’s end

“If we take up to $73,000 in the next week or so, we’re gonna end the year at $100,000, somewhere around there, or even higher,” he said. Novogratz cited regulatory changes in the U.S government.

Specifically, he referenced the Securities and Exchange Commission’s approval of Ethereum exchange-traded funds; bipartisan support in Congress for FIT121, the legislation that would provide a clearer regulatory framework for digital assets; and congressional support for the revocation of SAB 121, accounting guidance from the SEC that many in crypto oppose.

https://www.dlnews.com/articles/markets/galaxy-digital-ceo-michael-novogratz-is-bullish-on-bitcoin/

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Hamster Kombat, a game on TON, has surpassed 100 million users

https://x.com/hamster_kombat/status/1798342352727429188

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Nocturne has decided to wind down the company

The frontend app.nocturne.xyz will remain open for withdrawals until the end of this month.

https://x.com/nocturne_xyz/status/1798420775739023466

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Paxos International, a UAE-based entity of Paxos, has launched a yield-bearing stablecoin called Lift dollar (USDL)

Paxos International is first launching the USDL stablecoin in Argentina via crypto platforms Ripio, Buenbit and TiendaCrypto as its distribution partners.

https://www.theblock.co/post/298706/paxos-international-yield-bearing-stablecoin-lift-dollar-usdl

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There was a brief outage on the Cosmos network.

The team has already resolved the issue.

https://x.com/cosmoshub/status/1798512843853271223

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MANTRA has partnered with ZAND BANK, licensed by the Central Bank of the UAE

Zand Bank is regulated under Securities and Commodities Authority UAE.

https://blockchainreporter.net/mantra-signs-an-mou-with-zand-bank-to-streamline-the-rwa-tokenization-procedure/
https://x.com/mantra_chain/status/1798343368206176684

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Coinbase is officially launching its new "smart wallet"

The company said new users can now create a wallet with "Face ID, Google Chrome profile, fingerprint, or Yubikey without recovery phrases."

Coinbase's wallet supports eight networks, including Base, Ethereum, Optimism, Arbitrum, Polygon, Avalanche, BNB and Zora.

https://www.theblock.co/post/298641/coinbase-launches-smart-wallet-with-hopes-of-addressing-cryptos-pain-points

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🚀BlockDAG Network released Keynote 2 🚀

📎About the project:

💠
@blockDAGnetworkOfficial is a Layer 1 proof of work consensus mechanism that evolves the crypto sphere with a cutting-edge Directed Acyclic Graph structure building on the foundations of Bitcoin & Kaspa.

Keynote 2 key points:

💎 BlockDAG X1 Miner App is officially available on both Android and Apple platforms🎉
💎 BlockDAG announces that its exclusive partner will be PlusWallet 🤝
💎 Upgraded reward structure and tokenomics🔥
💎 BlockDAG has increased its payment methods allowing you to participate in the pre-sale using more than 10 payment options. The most popular: USDT, Ethereum and BNB.

📆The Testnet is scheded for mid-August.
📆The Mainnet is set to go live in the next four month.

Keynote: https://bit.ly/3yVZcWV

#sponsored

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ICO Drops - ICO News & Alerts

Swell has unveiled the Swell DAO details

SWELL is the token used to govern the Swell protocol and secure Swell L2. SWELL will be the governance token for the entire Swell protocol, enabling decision-making to be distributed across the community.

Swell DAO will be at the center of this transformation. Voting power in the DAO will be proportional to the amount of SWELL held, with more tokens giving a greater ability to influence decisions by submitting and voting on governance proposals.

https://www.swellnetwork.io/post/the-road-to-decentralized-governance

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💧 Coins Reached New All-Time High Today

👉 https://dropstab.com/price-history

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ICO Drops - ICO News & Alerts

QuarkChain announced a transition to Ethereum L2

https://mailchi.mp/1d2e851902c8/quarkchains-strategicevolution-pivot-to-ethereum-l2

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ICO Drops - ICO News & Alerts

FTX settled the Internal Revenue Service’s $24 billion claim

The IRS will receive a $200 million claim in FTX’s bankruptcy to be paid within 60 days of when the company’s proposed restructuring plan goes into effect.

The agency will also receive a $685 million lower priority claim.

https://news.bloomberglaw.com/bankruptcy-law/ftx-settles-24-billion-tax-claim-wth-irs-in-bankruptcy-court
https://www.bloomberglaw.com/public/desktop/document/FTXTradingLtdDocketNo122bk11068BankrDDelNov112022CourtDocket/38

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SEC to Shutter Office Behind Failed DEBT Box Crypto Lawsuit

https://www.coindesk.com/policy/2024/06/04/sec-to-shutter-office-behind-failed-debt-box-crypto-lawsuit

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🔥BNB has hit a new all-time high above $700

BNB is now trading at $701.

https://dropstab.com/coins/binancecoin

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ICO Drops - ICO News & Alerts

Bain Capital Crypto is planning to launch a second fund, according to a U.S. Securities and Exchange Commission filing.

https://www.coindesk.com/markets/2024/06/04/bain-capital-crypto-raising-second-fund-filing/
https://www.sec.gov/Archives/edgar/data/2025495/000202549524000001/xslFormDX01/primary_doc.xml

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ICO Drops - ICO News & Alerts

Ripple CEO Brad Garlinghouse says XRP ETFs may come in 2025

Recently, the CEO said that following Ethereum and Bitcoin, XRP, SOL, and ADA may be next in line to receive Spot crypto ETFs.

https://watcher.guru/news/ripple-ceo-brad-garlinghouse-says-xrp-etfs-may-come-in-2025

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