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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 - 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
🔔 Ripple Announces Investment in Rebranded Bitwise XRP ETP !
Ripple has invested in Bitwise's XRP ETP, now rebranded as Bitwise Physical XRP ETP (GXRP), to expand in Europe. The move follows Bitwise's acquisition of ETC Group, managing $1B in crypto ETPs, including Bitcoin and Solana.
▶️ Check More Details Here:
https://www.globenewswire.com/news-release/2024/11/27/2987978/0/en/Bitwise-Rebrands-XRP-ETP-Ripple-To-Invest-in-Product.html
🔔 Valour Launches First DOGE Exchange-Traded Product (ETP) !
Valour has introduced the first Dogecoin (DOGE) exchange-traded product (ETP) on Sweden’s Spotlight Stock Market, providing retail and institutional investors regulated access to the memecoin. The launch comes amid growing interest in Dogecoin, noted by Valour’s Head of Nordics, Johanna Belitz.
▶️ Check More Details Here:
https://www.prnewswire.com/news-releases/defi-technologies-subsidiary-valour-launches-first-dogecoin-doge-etp-in-the-nordics-on-spotlight-stock-market-302316272.html
🔔 Justin Sun Joins Trump Crypto Project as Largest Investor !
Tron founder Justin Sun invested $30M in Trump’s crypto project, World Liberty Financial, becoming its largest backer. His HTX-linked wallet purchased 2B WLFI tokens at $0.015 each.
▶️ Check More Details Here:
▪️ https://x.com/justinsuntron/status/1861121947372773545
▪️ https://intel.arkm.com/explorer/address/0x5AB26169051d0D96217949ADb91E86e51a5FDA74
🔔 Hong Kong’s ZA Bank Becomes First in Asia to Offer Retail Crypto Trading Services !
ZA Bank, Hong Kong's largest digital bank, has become Asia's first bank to offer cryptocurrency trading for retail users. Through its app, users can trade Bitcoin and Ethereum using fiat currency. The service is provided in partnership with licensed exchange HashKey.
▶️ Check More Details Here:
https://life.mingpao.com/general/article?issue=20241125&nodeid=1732473625133
🔔 Huobi's HECO Network to Retire on January 15, 2025, With HRC20 Assets Migrating to HTX !
HECO Network will retire on January 15, 2025. Users must deposit eligible HRC20 assets by January 10, 2025, for conversion to $HTX, distributed in 12 batches starting January 15. Details to follow.
▶️ Check More Details Here:
https://www.heco123.com/en-us/
⚡️ News Flash - 22 Nov 2024 !
1️⃣ SEC Commissioner Jaime Lizárraga to Depart Agency After Chair Gensler's Exit
SEC Commissioner Jaime Lizárraga will step down in January 2024 to support his wife during her battle with cancer, following Chair Gary Gensler’s announced departure.
2️⃣ Dogecoin Surges Amid New X Payments Speculation Following Elon Musk’s Tweet
Dogecoin (DOGE) surged 5.4%, hitting a multi-year high amid speculation that Elon Musk's X platform will launch a payments service potentially using DOGE. The token is up 190% this month.
3️⃣ Ethereum Whale Moves $224M in ETH After 8 Years of Dormancy, Still Holds $1.1B
A dormant Ethereum whale has reactivated, accumulating 398,889 ETH at an average cost of $6, worth $1.34 billion today. The whale sold 73,356 ETH, valued at $224 million, since November 7, and still holds 325,533 ETH, worth around $1.1 billion.
4️⃣ MicroStrategy Raises $3B to Purchase More Bitcoin as MSTR Stock Drops 25%
MicroStrategy raised $3 billion through a convertible senior notes offering, with plans to use the proceeds to buy more Bitcoin. The notes were priced at a 55% premium, while the company's shares dropped 25% on November 21.
5️⃣ Zircuit Ethereum L2 to Launch ZRC Token Transfers and New Products on Nov 25
Zircuit Ethereum L2 will enable ZRC token transfers on November 25, 2024, and release new products next week. Bitget has listed ZRC on Launchpool, allowing users to earn rewards by locking BGB and USDT.
🔔 Texas Gold-Backed Coin Designed to Boost Bitcoin Adoption, Says Lawmaker !
Texas lawmaker Cody Harris supports a proposed gold-backed digital currency as a safe entry point to crypto, helping skeptics transition to decentralized assets like Bitcoin.
▶️ Check More Details Here:
https://cointelegraph.com/news/texas-gold-coin-bitcoin-adoption-cody-harris
🔔 Bitcoin and Solana Set New All-Time Highs: BTC at $99,000, SOL at $260 !
Bitcoin (BTC) hit a new all-time high, surpassing $99,000 with a 4.40% 24-hour gain, while Solana (SOL) reached $260, up 12.11%. Solana's milestone comes 1,100 days after its last peak of $259.9 in November 2021, signaling strong momentum in the crypto market.
🔔 Sui Network Faces Outage: Block Production Halted for Over an Hour !
The Sui network has reportedly been down for over an hour, halting block production since 09:15 UTC, according to Suivision and Suiscan. Community members cited validator issues, and the team is investigating the outage.
▶️ Check More Details Here:
https://suivision.xyz/
🔔 Bitcoin Surpasses $97,500, Made New All Time High $97,899 !
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🔔 FTX Co-Founder Zixiao "Gary" Wang Receives Sentence of Time Served !
FTX co-founder Gary Wang was sentenced to time served, probation, and asset forfeiture on Nov. 20, concluding executive sentences in the exchange's 2022 collapse. Judge Lewis Kaplan cited Wang's cooperation, similar to Nishad Singh, while other key figures like Sam Bankman-Fried received harsher penalties.
▶️ Check More Details Here:
https://www.reuters.com/legal/bankman-frieds-ex-deputy-wang-avoids-prison-time-over-crypto-fraud-2024-11-20/
🔔 Cyvers Introduces Institutional Crypto Security Tool to Address $4B Vulnerability !
Cyvers and Station70 launched Secure Signers to tackle $4B in crypto vulnerabilities and boost institutional trust. The solution addresses rising hacks, including $54M on BTCTurk, aiming to protect transfers and attract TradFi firms.
▶️ Check More Details Here:
https://x.com/CyversAlerts/status/1858872862469435493
🔔 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
🔔 Bithumb Launches Korean Won Trading Pairs for BounceBit (BB) & SKALE (SKL) !
South Korea's second-largest exchange, Bithumb, has added Korean won trading pairs for BounceBit (BB) and SKALE (SKL).
▶️ Check More Details Here:
https://m-feed.bithumb.com/notice/1645263
🔔 Pantera’s Bitcoin Fund Hits 1,000x Return, Predicts Bitcoin at $740,000 by 2028 !
Pantera's Bitcoin Fund has reached a 1,000x milestone, with a lifetime return of 131,165% net of fees. The fund, which acquired 2% of global bitcoins in 2013, predicts Bitcoin could hit $740,000 by April 2028.
▶️ Check More Details Here:
https://panteracapital.com/blockchain-letter/1000x-pantera-bitcoin-fund/
🔔 MicroStrategy Adds 55,500 BTC, Boosts Holdings to 386,700 with 59.3% YTD Yield !
MicroStrategy added 55,500 BTC for $5.4B at $97,862 each, boosting its holdings to 386,700 BTC, acquired for $21.9B at $56,761 per coin. YTD BTC yield is 59.3%.
▶️ Check More Details Here:
https://x.com/saylor/status/1861033309934862601
🔔 Cantor Fitzgerald in Talks with Tether on $2 Billion Bitcoin Lending Initiative !
Howard Lutnick's Cantor Fitzgerald is negotiating a $2 billion Bitcoin-backed lending program with Tether, aiming to expand to tens of billions. Cantor already manages Tether's US Treasuries, earning millions annually, solidifying their partnership.
▶️ Check More Details Here:
https://fortune.com/crypto/2024/11/24/howard-lutnick-cantor-fitzgerald-tether-stablecoin-2-billion-bitcoin-lending/
🔔 Trump Selects Pro-Crypto Hedge Fund Manager Scott Bessent as Treasury Secretary !
President-elect Trump named crypto advocate Scott Bessent as Treasury Secretary. Bessent, a former Soros strategist, sees crypto as a driver of freedom and economic inclusion.
▶️ Check More Details Here:
realDonaldTrump/posts/113529294640959784" rel="nofollow">https://truthsocial.com/@realDonaldTrump/posts/113529294640959784
🔔 Polymarket Restricts French Users Following Regulatory Scrutiny of $80M Trump Election Bet !
Polymarket has restricted French users to "view-only mode" amid a gambling law compliance investigation by France’s ANJ. This follows scrutiny of French trader "Théo," who reportedly profited $80M from U.S. election bets.
▶️ Check More Details Here:
https://protos.com/polymarket-bans-french-users-but-still-cant-stop-vpns/
🔔 UK to Introduce Crypto Regulations Covering Stablecoins and Staking Services !
The U.K. will introduce comprehensive crypto regulations in early 2025, covering cryptocurrencies, stablecoins, and staking. A proposed bill also seeks to designate crypto assets like Bitcoin and NFTs as “personal property.”
▶️ Check More Details Here:
https://www.bloomberg.com/news/articles/2024-11-21/uk-to-unveil-long-awaited-crypto-stablecoin-rules-early-in-2025
🔔 BREAKING: SEC Chair Gary Gensler Expected to Step Down on January 20 !
SEC Chair Gary Gensler plans to step down on January 20, 2025. During his tenure, he advanced reforms in Treasury market clearing, executive pay transparency, and investor protections in crypto markets.
▶️ Check More Details Here:
https://www.sec.gov/news/press-releases/2024-182
🔔 South Korea Attributes $50M Upbit Hack to North Korea !
South Korean authorities confirmed that North Korean hacker groups Lazarus and Andariel carried out the $50 million Upbit crypto hack in 2019, stealing 342,000 ETH. With Ethereum's recent price surge, the stolen amount now exceeds $1 billion.
▶️ Check More Details Here:
https://www.police.go.kr/user/bbs/BD_selectBbs.do?q_bbsCode=1002&q_bbscttSn=20241121131429670&q_tab=&q_searchKeyTy=&q_searchVal=&q_rowPerPage=10&q_currPage=1&q_sortName=&q_sortOrder=&
⚡️ News Flash - 20 Nov 2024 !
1️⃣ SEC Allocates $4.6M to BitClave Investors
The SEC has begun distributing $4.6 million to investors from BitClave’s 2017 ICO after the company settled a lawsuit for securities violations. BitClave forfeited $29 million, but questions remain about the remaining $7.4 million in the fund.
2️⃣ Shanghai Judge Rules Cryptocurrency as a Commodity, Legal to Own
A Shanghai court ruled that while individuals can hold virtual currencies, commercial entities cannot issue tokens or engage in crypto investments. The case involved a dispute over a failed cryptocurrency project, with the court ordering a partial refund.
3️⃣ Crypto Wallet Phantom Surpasses WhatsApp and Instagram Among Top Free iPhone Apps
On November 20, Phantom crypto wallet app ranked ninth among free iPhone apps and second in utility apps, behind Google. It surpassed WhatsApp and Instagram in the rankings.
4️⃣ Trump’s Team Exploring New White House Role for Crypto Policy, Says Bloomberg
President-elect Trump's team is considering a new White House position focused on crypto policy. The role, still undefined, may be a senior staff position or "crypto czar." Trump had previously voiced strong support for crypto during his campaign.
5️⃣ Teenager Profits $30,000 from Rugging Meme Coin, Faces Backlash from Investors
A teen creator of the Solana meme coin GenZ Quant (QUANT) rug-pulled holders after making $30,000. The token then surged to an $85 million market cap, turning his $30,000 into $4 million—a major missed opportunity. Crypto Twitter swiftly reacted to the stunt.
🔔 Archax to Offer Tokenized Money Market Funds from State Street, Fidelity, and LGIM !
Archax, a U.K.-regulated crypto exchange, now offers tokenized money market funds from State Street, Fidelity, and LGIM on Hedera, XRPL, and Arbitrum. CEO Graham Rodford highlighted tokenization's growing momentum and liquidity benefits. The firm also plans to acquire Spanish broker King & Shaxson, pending approval.
▶️ Check More Details Here:
https://x.com/Grodfather/status/1859147051457495321