Craig Wright was handed a suspended 12-month jail sentence for contempt of court after breaching an order that barred him from pursuing proceedings related to his claim to be BTC inventor Satoshi Nakamoto.
https://x.com/coindesk/status/1869779471999303707
Sonic and Injective are launching the industry's first cross-chain AI agent platform.
https://x.com/injective/status/1869763128831234445
💧 Top AI Projects by Funds Raised in 2024
👉 https://dropstab.com/insights/latest-fundraising-rounds
A new batch of 10 Binance Alpha Projects is now live: FROG, AICell, CGPT, MONKY, TERMINUS, CLANKER, LUNAI, RIF, GRIFFAIN, URO.
https://x.com/BinanceWallet/status/1869684099109240883
💧 Top Memes Launched in 2024 by FDV
👉 https://dropstab.com/tab/top-memes-launched-in-2024-9qdoen4a4e
Ethena has announced Usual is migrating to USDtb as collateral for their stablecoin USD0
USDtb will soon become a primary collateral asset for Usual’s USD0, currently with over $850 million in TVL.
Blackrock's BUIDL represents the vast majority of the USDtb backing, currently the highest BUIDL allocation of any stablecoin in the market.
As part of this partnership, Usual will also launch an sUSDe vault for USD0++ holders, allowing Usual users to gain exposure to sUSDe APY and Ethena rewards alongside additional USUAL rewards.
USD0 is the latest scaled decentralized stablecoin of many to leverage Ethena powered assets.
https://x.com/ethena_labs/status/1869367144695378302
Kelp DAO introduced KERNEL tokenomics
Tokenomics
▫️60% of the KERNEL tokens are allocated to Community and Ecosystem partners.
▫️Community Rewards and Airdrops: 55%
▫️20% of total supply earmarked for airdrops
▫️35% is allocated for future rewards
▫️Ecosystem and Partners: 5%
▫️Private Sale: 20%
▫️Team and Advisors: 20%
Airdrop
Season 1:
▫️Allocation: 10% of total supply allocated till Dec 31, 2024
▫️Eligibility: Users who earned Kelp Miles / Kernel Points across the 3 products till Dec 31st, 2024
▫️Boosted rewards: Users who restake / have restaked in Season 1 or before Jan 15, 2025 get a 15% loyalty boost in Season 2.
Season 2:
▫️Allocation: 5% of total supply
▫️Boosted rewards: Extra 15% loyalty boost upon restaking before Jan 15, 2025
▫️Timeline: January 1 - April 30, 2025
Season 3 and beyond:
▫️Allocation: 5% of total supply
▫️Timelines: TBD
KERNEL TGE is targeted in early-Q1 2025.
https://kelpdao.xyz/insights/resources/kernel-powering-the-next-era-of-restaking/
Donald Trump-backed DeFi platform World Liberty Financial and Ethena are planning a “long-term collaboration” starting with implementing the yield-bearing token, sUSDe.
https://www.theblock.co/post/331436/trump-backed-world-liberty-financial-and-ethena-eye-collaboration-starting-with-susde-implementation
German financial giant Deutsche Bank is launching its own Layer 2 network based on ZKsync technology.
https://cointelegraph.com/news/deutsche-bank-layer-2-blockchain-ethereum-zksync
💧 Recent Funding Rounds Backed by Top Tier Angels
👉 https://dropstab.com/insights/latest-fundraising-rounds
Binance Futures will launch the LUMIAUSDT Perpetual Contract at 2024-12-18 11:30 UTC with up to 75x leverage.
https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-margined-lumiausdt-perpetual-contract-with-up-to-75x-leverage-c6420ba80fe54282970e1d69cafa56a4
Spot ETF Flow on 17.12: BTC-ETF +$493.95M, ETH-ETF +$144.74M
https://sosovalue.com/assets/etf/us-btc-spot
The crypto market is down
BTC Dominance - 56.72%
Market Cap - $3.39T
BTC - $97,000.16 (-4.08%)
ETH - $3,410.45 (-7.03%)
XRP - $2.32 (-1%)
BNB - $674.11 (-3.79%)
SOL - $196.32 (-5.95%)
INJ - $22.28 (-9.59%)
TON - $5.31 (-2.82%)
USUAL -$1.43 (+37.45%)
https://dropstab.com
The Promethean Saga is live on the XION Mainnet
https://fixupx.com/burnt_xion/status/1869752390930628920
Self-custodial crypto wallet MetaMask has launched a crypto payment card in the US through a limited pilot program.
The MetaMask Card allows users to spend cryptos they hold on their MetaMask wallet at both physical stores and online.
MetaMask Crypto Card is already available in the EU, UK, Brazil, Mexico, and Colombia.
https://cryptonews.com/news/metamask-launches-crypto-debit-payment-card-for-us-customers/
Fuel Network (FUEL) trading has started on Bybit, Kucoin, MEXC and others.
FUEL is now trading at ~$0.058 (~2.9x from the sale price: $0.02)
FDV $580M
https://www.bybit.com/en/trade/spot/FUEL/USDT
Swell announces that Swellchain is live
https://x.com/swellnetworkio/status/1869620998208966882
Top 100 losers in 24h: WIF -13%, FLOKI -12%, FTM -12%, LTC -11%, DYDX -11%, THETA -11%, CURV -11%, RUNE -10%, PEPE -10%, BONK -10%.
https://dropstab.com/insights/top-performance
The crypto market is down
BTC Dominance - 56.43%
Market Cap - $3.55T
BTC - $101,013.68 (-2.49%)
ETH - $3,663.12 (-4.35%)
XRP - $2.34 (-6.06%)
SOL - $208.34 (-3.71%)
BNB - $699.82 (-1%)
INJ - $24.62 (-6.05%)
TON - $5.47 (-4.65%)
USUAL -$1.08 (+28.87%)
SUI - $4.38 (-2.64%)
https://dropstab.com
Osprey Funds Launches the First Publicly-Quoted U.S. BNB Fund
https://www.businesswire.com/news/home/20241218683817/en/Osprey-Funds-Launches-the-First-Publicly-Quoted-U.S.-BNB-Fund-Osprey-BNB-Chain-Trust-OTCQX-OBNB
Fuel is making an announcement tomorrow
https://x.com/fuel_network/status/1869374609373700381
Masa has announced strategic funding from Digital Currency Group with participation from FBG Capital.
https://x.com/getmasafi/status/1869386397783662654
Crypto.com has voluntarily withdrawn its lawsuit against the U.S. Securities and Exchange Commission (SEC) as CEO met with Donald Trump.
https://decrypt.co/297265/crypto-com-sec-lawsuit-donald-trump
The second batch of 5 Binance Alpha Projects is now live: Cakepie (CKP), Gearbox (GEAR), Stader (SD), SYRUP, FARTCOIN.
https://x.com/BinanceWallet/status/1869351933103988890
The first batch of 5 Binance Alpha Projects are now live: KOMA, CHEEMS, APX, ai16z, aixbt.
https://x.com/binancewallet/status/1869323010332921903
Binance will delist Kaon (AKRO), Bluzelle (BLZ), WazirX (WRX) at 2024-12-25 03:00 UTC.
https://www.binance.com/en/support/announcement/binance-will-delist-akro-blz-wrx-on-2024-12-25-b140faee7cf9482cb10257308abda245