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◽Altcoin Alerts, News, Events, ICO/IEO Updates, Research, Tweets and more. 🚩Content posted in this channel should not be considered as investment advice. Invest only at ur own risk.
⚡️ News Flash - 04 Dec 2024 !
1️⃣ Sharpe AI Unveils Sharpe Search: On-Chain AI Agent with Hive Intelligence
Sharpe AI launched Sharpe Search, an AI-powered tool for simplified blockchain data queries. Backed by Hive Intelligence, it supports natural language queries, multi-chain real-time insights, and unified API access. Currently invite-only, it plans to expand coverage and features soon.
2️⃣ Self Chain Launches Regional Leaders Campaign to Expand Global Community
The Self Chain Regional Leaders Campaign empowers local leaders in regions like India, Brazil, and Nigeria to drive blockchain adoption, grow communities, and promote Self Chain and $SLF, leveraging its user-friendly, keyless wallet infrastructure and secure multi-chain access.
3️⃣ RWA Inc Partners with LayerZero for Omnichain Integration
RWA Inc has integrated with LayerZero, enabling $RWA holders to move tokenized real-world assets across multiple blockchains seamlessly. With LayerZero V2, this upgrade enhances scalability, security, and interoperability, advancing the vision of a borderless asset ecosystem.
4️⃣ Fed Chair Powell Discusses Rate Cuts, Economic Strength, and Bitcoin's Role
Federal Reserve Chairman Jay Powell explained that the September rate cut aimed to signal support if the labor market weakens, despite stronger-than-expected economic performance. He also described Bitcoin as a speculative asset, comparing it more to gold than the U.S. dollar.
5️⃣ DeFi.app Secures $2M Seed Funding at $100M Token Valuation
DeFi.app raised $2M at a $100M valuation, led by Mechanism Capital. It sold 2% of its HOME token via SAFT, focusing on community engagement with 20% reserved for public distribution.
🔔 UK Authorities Expose Crypto Laundering Network Tied to Organized Crime and Espionage !
The UK’s NCA uncovered a global money laundering network linking London, Moscow, and Dubai, using crypto and cash exchanges to evade sanctions and fund crimes. The operation involved companies aiding Russian spies, drug cartels, and ransomware groups across 30+ countries.
▶️ Check More Details Here:
https://www.ft.com/content/31b9053f-343e-4c47-ace9-2b0080ec8799
🔔 Hydra Market Founder Receives Life Sentence in Russia !
Stanislav Moiseev, founder of the Hydra darknet marketplace, has been sentenced to life in prison by a Russian court, with 15 accomplices receiving sentences of 8–23 years. Hydra facilitated over $5 billion in crypto transactions before its 2022 takedown. Moiseev and his team face fines and asset seizures, serving terms under strict regimes.
▶️ Check More Details Here:
https://epp.genproc.gov.ru/web/proc_50/mass-media/news?item=99442998
🔔 Coinbase CEO: Firm Will Cut Ties with Law Firms Hiring Anti-Crypto Former SEC Staff !
Coinbase CEO Brian Armstrong stated the exchange will avoid law firms that hire individuals involved in anti-crypto actions during government service. He urged the crypto community to reject such hires, emphasizing their potential harm to the industry.
▶️ Check More Details Here:
https://x.com/brian_armstrong/status/1863774342267781222
🔔 U.S. Government Transfers $1.92 Billion in Bitcoin to New Wallet Address !
The U.S. Government has transferred 19,800 BTC, valued at approximately $1.92 billion, from its holdings. Following this transaction, it still retains 188,309 BTC, worth around $18.24 billion.
▶️ Check More Details Here:
https://intel.arkm.com/explorer/entity/usg
🔔 Binance to Support Wise Monkey (MONKY) Airdrop for FLOKI and APE Holders !
Binance has announced support for the Wise Monkey (MONKY) airdrop for FLOKI and ApeCoin (APE) holders. The snapshot for APE holdings was completed on November 29, 2024, and the snapshot for FLOKI will take place on December 15, 2024. Eligible users will receive MONKY tokens at a ratio of 1 FLOKI = 0.35 MONKY and 1 APE = 804,828 MONKY. Binance has clarified that supporting this airdrop does not imply that MONKY will be listed on the platform.
▶️ Check More Details Here:
https://www.binance.com/en/support/announcement/73c353a46eba4970a84f286761a9a1ba
🔔 Cathie Wood Supports Regulatory Changes, Warns of U.S. Falling Behind in Crypto and AI !
Cathie Wood, founder of Ark Investment Management, voiced support for regulatory reforms, particularly in cryptocurrency and AI, if Donald Trump returns to office. She warned that the U.S. risks losing its competitive edge in crypto due to regulatory pressure and SEC Chair Gary Gensler's stringent stance.
▶️ Check More Details Here:
https://www.bloomberg.com/news/articles/2024-12-01/cathie-wood-welcomes-looser-regulation-heralded-by-trump-return
🔔 South Korea Delays Crypto Tax Implementation by Two Years Following Democratic Party Agreement !
South Korea's Democratic Party has agreed to postpone the crypto gains tax by two years to 2027, aligning with a compromise by the ruling party. This follows concerns about market impact and investor outflow.
▶️ Check More Details Here:
https://news.koreaherald.com/view.php?ud=20241201050037
🔔 SELF Chain Shares Key Development Updates and Future Plans !
Self Chain shares key developments and future plans, revolutionizing Web3 with its intent-centric design that lets users focus on outcomes like “Swap USDC for ETH” while the platform handles complexities.
▶️ Key Points on SelfChain’s Intent-Centric Design:
▪️Simplified Blockchain Interaction: Intents allow users to focus on desired outcomes (e.g., "Swap USDC for ETH") while the system manages technical details.
▪️Key Benefits: Reduces complexity, minimizes user errors, and optimizes transactions, saving on time and gas fees.
▪️Future Ready: Scalable intent-based frameworks enable seamless adoption of new Web3 functionalities without complicating user experiences.
▶️ Check More Details Here:
https://x.com/selfchainxyz/status/1861115845314859440
▶️ Project Socials:
Website | X | Telegram
🔔 RWA Inc. Announces $15,000 Exchange Trading Campaign !
RWA Inc. has launched a trading competition on its testnet exchange, with a total prize pool of $15,000 in $RWA tokens, Running from Nov 28 to Dec 28, 2024.
▶️ Reward Categories:
▪️Snapshot Rewards: $6,000 for the top 50 users based on RWAT + USDR holdings.
▪️Trading Volume Rewards: $6,000 for the top 50 users ranked by trading volume.
▪️Random User Rewards: $3,000 shared by 200 users meeting a $2,000 trading volume minimum.
▶️ Important Guidelines:
▪️Wallet transfers of RWAT and USDR are prohibited during the campaign.
▪️A minimum of 100 $RWA is required in mainnet wallets to qualify.
▪️Withdraw RWAT and USDR before Dec 28 for the snapshot.
▶️ Check More Details Here:
https://x.com/rwa_inc_/status/1862453955785334831
▶️ Project Socials:
Website | X | Telegram
🔔 Hyperliquid Airdrops $1.2 Billion in Tokens as HYPE Reaches $4 Billion Fully Diluted Valuation !
Hyperliquid’s newly launched HYPE token surged 11% to $4.2, with a $1.4 billion market cap and $4.2 billion fully diluted valuation. A community airdrop distributed 310M tokens, fueling strong trading activity with $250M in 24-hour volume.
▶️ Check More Details Here:
https://x.com/HyperliquidX/status/1862402701705060486
⚡️ News Flash - 28 Nov 2024 !
1️⃣ Former Binance Employee Sues UK Exchange, Claims Bribery Involved
Former Binance employee Amrita Srivastava sued the UK arm, alleging bribery and unfair dismissal after reporting the issue. Binance claimed the bribe was known, and her firing was due to poor performance.
2️⃣ Hong Kong Introduces Tax Incentives to Attract Crypto Hedge Funds and Investors
Hong Kong proposes tax exemptions on crypto gains for hedge funds and private investors to strengthen its crypto hub status, aiming to attract global liquidity.
3️⃣ Former Revolut Executives Raise $2.3 Million to Launch 'Blockchain Bank Account' Bleap
Former Revolut employees raised $2.3M for Bleap, a blockchain-based banking app. It offers stablecoin spending via Mastercard, no conversion fees, 2% cashback, and high savings rates through DeFi.
4️⃣ Avant, DeFi Protocol Similar to Ethena, Secures $6.5 Million in Seed Funding
Avant, a crypto yield protocol similar to Ethena Labs, raised $6.5 million in a seed round, led by Superlayer, Avalaunch, GoGoPool, and others. Founded in June 2024, Avant's post-money valuation is $25 million. The funding round was structured as a SAFE agreement.
5️⃣ Bitwise Files for 10 Crypto Index Fund ETFs with the SEC
Bitwise filed for an ETF based on its 10 Crypto Index Fund, which includes Bitcoin, Ether, Solana, XRP, and other major cryptocurrencies. The ETF offers indirect exposure to these assets, with a custodian managing the portfolio. The filing was made with the SEC on Nov. 27.
🔔 Celsius Announces Additional $127M Distribution from Litigation Recovery Fund !
Celsius will distribute $127 million to creditors from its "Litigation Recovery Account," covering retail borrowers and users of the "Earn" program. Payments will be made via PayPal, Venmo, or Coinbase, with cash options for those without verified accounts. Corporate creditors with convenience claims are excluded.
▶️ Check More Details Here:
https://x.com/CelsiusNetwork/status/1861896567789375742
🔔 Russian Government Approves New Cryptocurrency Taxation Framework !
Russia's Federation Council has approved a bill to tax cryptocurrency transactions amid Bitcoin hitting record highs against the ruble. The legislation, awaiting President Putin's signature, classifies digital currencies as property, imposing a 13%-15% income tax on sales while exempting crypto miners from VAT.
▶️ Check More Details Here:
https://sozd.duma.gov.ru/bill/1065710-7
🔔 JUST IN: Donald Trump Selects Paul Atkins as New SEC Chairman !
President-elect Trump has chosen Paul Atkins, a former SEC commissioner known for crypto-friendly policies, to replace Gary Gensler as SEC Chair.
▶️ Check More Details Here:
realDonaldTrump/posts/113595807734621827" rel="nofollow">https://truthsocial.com/@realDonaldTrump/posts/113595807734621827
🔔 Pump Fun Transfers 200k SOL to Kraken Worth $47.17M in 24 Hours !
The "Pump Fun: Fee Account" has transferred a total of 200,000 SOL, valued at approximately $47.17 million, to Kraken within the past 24 hours. The latest transfer, 100,000 SOL worth $23.66 million, occurred today at 10:59 UTC. This marks the second significant transfer by the account in a single day.
▶️ Check More Details Here:
https://intel.arkm.com/explorer/address/CebN5WGQ4jvEPvsVU4EoHEpgzq1VV7AbicfhtW4xC9iM
🔔 JUST IN: Grayscale Submits Application for Solana ETF on NYSE !
▶️ Check More Details Here:
https://www.nyse.com/publicdocs/nyse/markets/nyse-arca/rule-filings/filings/2024/SR-NYSEArca-2024-110.pdf
🔔 Binance Tops Crypto Exchanges in Bitcoin Deposits for 2024 !
Cryptocurrency exchanges saw rising deposits in 2024, with Binance leading a 2.77 BTC daily increase. Average Bitcoin deposits grew from 0.36 BTC in 2023 to 1.65 BTC in 2024, driven by institutional inflows. Tether deposits surged to $230,000.
▶️ Check More Details Here:
https://cointelegraph.com/news/binance-leads-crypto-exchanges-bitcoin-deposits-2024
⚡️ News Flash - 02 Dec 2024 !
1️⃣ WisdomTree Files Application with SEC for Spot XRP ETF
WisdomTree filed for a spot XRP ETF with the SEC, aiming to offer XRP price exposure. Approval remains uncertain amid ongoing SEC-Ripple legal disputes.
2️⃣ Coinbase Integrates Apple Pay into Fiat-to-Crypto Onramp
Coinbase has integrated Apple Pay into its Onramp product, streamlining fiat-to-crypto transactions. The feature simplifies onboarding for users, reducing friction in funding self-custody wallets and is already used in apps like MetaMask.
3️⃣ Global Ethereum Investment Products Set $2.2 Billion Annual Inflow Record Amid US ETF Growth
Ethereum funds saw a record $634 million in inflows last week, with U.S. spot ETFs leading at $466.5 million, boosting year-to-date inflows to $2.2 billion.
4️⃣ BitGo Launches Retail Platform for Crypto Buying, Selling, Trading, and Staking
BitGo has launched a retail platform for digital asset trading, staking, and custody, offering institutional-grade security and compliance.
5️⃣ MARA Proposes $700 Million Convertible Senior Note Offering to Acquire More Bitcoin
MARA Holdings is offering $700 million in convertible senior notes to repurchase debt and acquire more bitcoin. Proceeds will also fund corporate purposes.
🔔 MicroStrategy Acquires 15,400 BTC for $1.5 Billion at an Average Price of $95,976 per Bitcoin !
MicroStrategy plans to acquire 15,400 BTC for $1.5 billion at an average price of $95,976. As of December 2, 2024, it holds 402,100 BTC, purchased for $23.4 billion at an average price of $58,263.
▶️ Check More Details Here:
https://x.com/saylor/status/1863569873713955156
🔔 XRP Surpasses USDT to Become Third Largest Cryptocurrency by Market Value !
XRP has overtaken USDT to become the third-largest cryptocurrency by market value, trailing only Bitcoin (BTC) and Ethereum (ETH). On Upbit, South Korea's largest exchange, XRP recorded a daily trading volume of $3.69 billion, comprising 27.35% of total trading. In comparison, BTC and ETH volumes stood at $339 million and $225 million, respectively.
▶️ Check More Details Here:
▪️ https://www.coingecko.com/
▪️ https://www.coingecko.com/zh/exchanges/upbit
🔔 NFT Monthly Sales Reach $562M, Marking Six-Month High !
NFTs saw a significant recovery in November, with sales hitting $562 million, a 57.8% increase from October, according to CryptoSlam. This marks the highest monthly sales volume since May but remains far below the March peak of $1.6 billion.
▶️ Check More Details Here:
https://www.cryptoslam.io/nftglobal?timeFrame=month
🔔 U.S. Spot Ethereum ETFs Record All-Time High Daily Inflows Amid Ongoing Price Rally !
U.S. spot Ethereum ETFs added $333M on Friday, led by BlackRock's ETHA ($250M) and Fidelity's FETH ($79M), as Ethereum nears $3,700 after a 40% monthly gain. Total ETF holdings now exceed $11B, with Grayscale leading the market.
▶️ Check More Details Here:
https://sosovalue.com/assets/etf/us-eth-spot
🔔 Printemps Introduces Cryptocurrency Payments in European Luxury Market !
Printemps, a French luxury retailer, now accepts cryptocurrency payments in partnership with Lyzi and Binance Pay. This move enables crypto users to shop across its 20 stores, marking a step forward for crypto adoption in European retail.
▶️ Check More Details Here:
https://www.groupe-printemps.com/en/article/printemps-adopts-cryptocurrency-payments
🔔 Justin Sun Advised to Replace $6M Banana Artwork Every 7-10 Days !
Justin Sun ate his $6 million artwork, a banana duct-taped to a wall by artist Maurizio Cattelan and can replace it endlessly under the sale's terms. With his Tron (TRX) holdings, he could hypothetically replace bananas weekly for 958 million years, making it a quirky nod to art and culture.
▶️ Check More Details Here:
https://protos.com/justin-sun-advised-to-change-his-6m-banana-every-7-10-days/
🔔 MiCA Regulations End USDC Yield Program, Frustrating Coinbase Users in Europe !
Coinbase is ending USDC yield rewards for European Economic Area users on Dec. 1 due to EU MiCA regulations. Customers can earn rewards until Nov. 30, sparking frustration among users critical of the rules.
▶️ Check More Details Here:
https://x.com/MarinaMarkezic/status/1862161507947286886
🔔 Crypto.com Sponsors Golf Tournament with $10M Prize in CRO Tokens !
The Crypto.com Showdown on Dec. 17 will pit PGA Tour stars Scottie Scheffler and Rory McIlroy against LIV Golf's Brooks Koepka and Bryson DeChambeau at Shadow Creek Golf Course, Las Vegas. The event features a $10 million prize in Cronos (CRO) tokens, marking golf's first crypto-based purse. The Ryder Cup-style tournament will air on TNT.
▶️ Check More Details Here:
https://x.com/cryptocom/status/1861508851742187774
🚨 JUST IN: XT Exchange Suspends Withdrawals Following Security Breach, Funds Reportedly Swapped for ETH !
XT Exchange has suspended all withdrawals following a hack involving approximately $1.7 million in cryptocurrencies. According to PeckShield, the hacker converted the stolen assets into 461.58 ETH, now held at address 0xB43f...8F83.
▶️ Check More Details Here:
▪️ https://x.com/PeckShieldAlert/status/1862059885174874355
▪️ https://xtsupport.zendesk.com/hc/en-us/articles/40522692897561-XT-has-suspended-all-coin-withdrawals
🔔 MetaMask Enables US Users to Buy Crypto via Venmo !
MetaMask has enabled U.S. users to purchase crypto using Venmo, powered by MoonPay. This feature is available on both the MetaMask Extension and Mobile app, excluding users in Texas and New York.
▶️ Check More Details Here:
https://x.com/MetaMask/status/1861820688417562995