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https://icodrops.com/ - Simple and beautiful ICO Calendar with independent ratings & analytics. With us it's impossible to miss the next great #ICO. 🚀 Contacts: @icodrops_support (for any questions)
SEC charges NovaTech with operating a pyramid scheme that raised $650 million in crypto
https://www.theblock.co/post/310780/sec-charges-novatech-with-allegedly-operating-a-pyramid-scheme-that-raised-650-million-in-crypto
Several venture capital funds, including Andreessen Horowitz and Union Square Ventures, have received letters from the SEC over their involvement with decentralized crypto exchange operator Uniswap Labs, per multiple sources.
Uniswap Labs has raised over $170 million in VC funding, most recently in late 2022 at nearly a $1.7 billion valuation.
https://www.axios.com/2024/08/12/sec-questions-vcs-uniswap
deBridge has introduced the DBR checker
Checker: https://debridge.foundation/
Website: https://debridge.finance/
X: https://x.com/deBridgeFdn
https://x.com/deBridgeFdn/status/1822969227550298196
According to data from cryptoquant.com, bitcoin reserves on centralized exchanges have plummeted to a level not seen since Nov. 19, 2018.
https://news.bitcoin.com/bitcoin-reserves-on-exchanges-hit-5-year-low-with-5-96b-withdrawn-in-30-days/
BitGo has announced the move of its WBTC business to the world’s first multi-jurisdictional and multi-institutional custody via a partnership and joint-venture with BiT Global.
This upgrade will occur 60 days from today with no disruption or interruptions to the service.
https://x.com/BitGo/status/1821927623494439130
Celsius filed a lawsuit against Tether on Friday in an attempt to claw back Bitcoin worth $2.4 billion that the company says Tether sold improperly at the bottom of the market as the crypto lender began to collapse.
Tether has vowed to defend itself against the lawsuit, which CEO Paolo Ardoino described as “baseless” and “bullying.”
https://www.theblock.co/post/310549/celsius-targets-tether-badger-dao-compound-and-netanyahus-niece-and-nephew-in-lawsuits
https://tether.io/news/tether-will-defend-itself-against-shake-down-litigation-commenced-by-celsius/
Secondary shares of the company are trading at about $1.5 billion, according to Yat Siu, executive chairman and co-founder of Animoca.
That’s almost 75% below Animoca’s valuation in July 2022, when the firm announced that it had raised $75 million at a $5.9 billion valuation.
https://www.dlnews.com/articles/snapshot/yat-siu-says-animoca-trading-lower-on-secondary-markets/
Tether CEO Paolo Ardoino has raised concerns that the European Union’s Markets in Crypto-Assets (MiCA) regulation poses a systemic risk not only to stablecoins but also to the broader banking system.
The MiCA regulation, which took effect on June 30, imposes stringent limitations on stablecoin operations across the European Economic Area. Notably, it mandates that at least 60% of reserves backing stablecoins must be held in EU bank accounts.
He further pointed out that EU cash deposits are insured for only up to $100,000 — an amount he argues is inadequate for large stablecoin issuers like Tether.
https://cointelegraph.com/news/mica-regulation-systemic-risk-banking-system-tether-ceo
Bounce announces MBA CeDeFi Mining is now live: https://app.mba.loans/
A daily prize pool of 100 AUCTION is rewarded to MBA CeDeFi Mining users.
MBA, a CeDeFi mining protocol, aims to create an efficient trading environment with optimal liquidity and yields.
https://x.com/bounce_finance/status/1821762952921219387
1.3B USDT has been transferred from Tether Treasury to exchanges since the market crash on Aug 5.
https://x.com/CoinGapeMedia/status/1821844262918426881
📈 Top Coins by Price Bounce in the Last 7 Days
💧 Price Bounce and Dip
AUCTION will be available on TON
https://x.com/bounce_finance/status/1820970385585684628
James Seyffart: “We think the Bitcoin ETF options happen in 4th quarter this year. Final deadline for SEC decision is ~Sept. 21 but there's more steps needed after that from OCC & CFTC.
Here are some BTC & ETH related ETFs including leveraged that already have options.”
https://x.com/JSeyff/status/1821627790065799634
MANTRA has announced that over 300M OM tokens have been staked so far by community roughly around 36% of Circulating Supply.
https://x.com/mantra_chain/status/1821540947441635358
MultiversX releases MetaMask Snap
MetaMask Snaps improve portability, enabling the quick derivation of a MultiversX wallet from your existing seed phrase.
https://multiversx.com/blog/multiversx-snap-metamask-wallet
https://x.com/MultiversX/status/1821519984218009848
Delphi Digital cofounder: “I've never been very political, but 7 years of building Delphi with my partners and getting married changes one's view about the world you want to live in.
Trump has positioned himself as pro crypto, AI, and business, promising an unrestricted golden age for America. He is the only shot to maintain dominance and grow out of out $35T debt mountain.
In contrast, Kamala Harris has been associated with the most aggressive anti-crypto platform ever:
- No action taken to address Gensler/SEC's complete lack of crypto clarity and vendetta against crypto. They should also be publicly supporting Hester Peirce as a thought leader for regulation that actually supports builders.
- This is the same SEC that allowed FTX to happen, but sues the companies helping to drive Crypto's dominance in the U.S. like Brian Armstrong and Paul Grewal of Coinbase.
- No steps against Operation Chokepoint 2.0 which debanks Crypto companies from the traditional banking sector. This is still on-going
- Has not meaningfully engaged with the Crypto community and has absolutely zero publicly shared views
- Allowed Biden to veto a bill meant to overturn SAB121 (Banks have to report Crypto as liabilities which means they need tons of reserves and other restrictions), which was against both Democrats and Republicans! I say allow since it’s clear Biden's cognitive decline means he was being handled by others.
- She has taken no steps to meaningfully engage with the community and develop an actual pro Crypto agenda.
- Biden's executive order on Digital Assets produced confusion and did not help foster Crypto or our early stage founders in any meaningful way
- Kamala already has anti-crypto folks in her agenda, including Adeyemo for Treasury Secretary
- Unrelated to Crypto but she covered up Biden's mental decline and was not even elected by the people but chosen to take up the Prez Ticket.
In Comparison, some of Trump's highlights on the matter are:
- He will fire Gensler
- Create a strategic reserve of BTC
- U.S. gov will keep 100% of the BTC it holds
- Commute Ross Ulbricht's sentence
- No CBDC which is a surveillance state to the maximum
- The U.S. will be the Crypto Capital of the planet
- Has NFT collections
Either way Crypto should not be a partisan issue but it has been made this way over the past four years. Crypto should be supported by both parties.
Theres a reason major Democrats have pivoted to the Republican ticket.
Go Vote Trump.”
https://x.com/Shaughnessy119/status/1823014246059520165
The crypto market is growing
BTC Dominance - 55.44%
Market Cap - $2.11T
BTC - $59,243.99 (+1.28%)
ETH - $2,667.88 (+5.04%)
BNB - $517.1 (+1.94%)
SOL - $144.06 (+0.18%)
XRP - $0.5681 (+0.61%)
TON - $6.24 (+1.59%)
ZRO - $3.4 (+4.14%)
https://dropstab.com
💧 Top 10 Gainers in the Last Week
👉 https://dropstab.com/tab/top-gainers
The crypto market is down
BTC Dominance - 55.79%
Market Cap - $2.07T
BTC - $58,533.25 (-4.22%)
ETH - $2,541.8 (-3.61%)
BNB - $506.9 (-4.73%)
SOL - $143.15 (-7.87%)
XRP - $0.5593 (-5.59%)
ZRO - $3.23 (-9.93%)
TON - $6.15 (-8.07%)
https://dropstab.com
Arbitrum DAO proposes to unlock ARB utility and improve the governance and security of the Arbitrum protocol by implementing ARB staking, without yet turning on fee distribution to token holders.
Through ARB staking, token holders who delegate to active governance participants will be able to capture value. The proposal will also implement a liquid staked ARB token (stARB) via the Tally Protocol that enables any future rewards to auto-compound, is (re)stakeable, and is compatible with DeFi.
Separately, it will work with the Arbitrum DAO to decide whether and how to fund rewards and split rewards between token holders and delegates.
https://snapshot.org/#/arbitrumfoundation.eth/proposal/0xb581f3aed701ae889c1d79406acdf3d653e6eb4323cb5e46635f729e6313da4d
The crypto market is growing
BTC Dominance - 55.83%
Market Cap - $2.16T
BTC - $61,095.99 (+1.32%)
ETH - $2,644.1 (+1.92%)
BNB - $530.2 (+4.29%)
SOL - $155.71 (+1.29%)
XRP - $0.5887 (-0.03%)
ZRO - $3.72 (+7.36%)
TON - $6.68 (-0.13%)
https://dropstab.com
Spot ETF Flow on 9.08: BTC-ETF -$89.7M, ETH-ETF -$15.7M
https://sosovalue.com/assets/etf/us-btc-spot
The US Securities and Exchange Commission has subpoenaed at least three crypto venture capital firms this year, according to a source familiar with the SEC’s investigation.
https://www.dlnews.com/articles/regulation/sec-subpoenas-three-crypto-vcs-as-crypto-crackdown-grows/
The crypto market is down
BTC Dominance - 55.94%
Market Cap - $2.13T
BTC - $60,327.82 (-0.71%)
ETH - $2,598.39 (-2.33%)
BNB - $508.5 (-0.19%)
SOL - $153.6 (-1.9%)
XRP - $0.5883 (-1.94%)
ZRO - $3.47 (-0.26%)
TON - $6.7 (+6.61%)
https://dropstab.com
💧Current state of the market in our weekly overview
dropstab | icodrops | twitter | telegram
OKX CEO stated that any time accounts interact with Tornado Cash and Garantex, such accounts will be blocked
https://x.com/star_okx/status/1821719031415808008
Coinbase has added ZetaChain (ZETA) and Across Protocol (ACX) to its roadmap.
https://x.com/CoinbaseAssets/status/1821671896179454439
https://x.com/coinbaseassets/status/1821660171254268064
The crypto market is growing
BTC Dominance - 55.94%
Market Cap - $2.16T
BTC - $61,459.86 (+7.5%)
ETH - $2,689.8 (+10.25%)
BNB - $515.2 (+5.86%)
SOL - $159.7 (+3.66%)
XRP - $0.6156 (+0.23%)
ZRO - $3.57 (+13.53%)
TON - $6.18 (+9.95%)
https://dropstab.com
Franklin Templeton has collaborated with the Arbitrum Foundation to launch its OnChain U.S. Government Money Fund (FOBXX) on the Ethereum Layer 2 network.
FOBXX is represented by the BENJI token, with the fund previously launched on Stellar and Polygon.
https://www.theblock.co/post/309989/franklin-templeton-fobxx-benji-arbitrum
💧 Recent Funding Rounds Backed by Top Tier Angels
👉 https://dropstab.com/investors