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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.
🔔 US Senators Oppose President Biden's CBDC Plans !
Five United States senators have joined forces to oppose the Biden administration's plans to issue a "digital dollar." They have co-signed legislation calling for a ban on central bank digital currencies (CBDCs).
▶️ Check More Details Here :
https://www.hagerty.senate.gov/wp-content/uploads/2024/02/cbdc_anti-surveil-_lance_state_act.pdf
🔔 JUST IN: Bitcoin Hit $54,000, Made Daily High $54,422 !
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🔔 MicroStrategy Acquires Additional 3,000 BTC for ~$155 Million at Average Price of $51,813 per Bitcoin !
As of February 25, 2024, MicroStrategy now holds 193,000 BTC acquired for approximately $6.09 billion, at an average price of $31,544 per bitcoin.
▶️ Check More Details Here :
https://twitter.com/saylor/status/1762101030336999899
🔔 Zachxbt Reports Suspicious Activity at Cryptocurrency Exchange BitForex !
On Feb 23, BitForex experienced $56.5 million in outflows from its hot wallets, leading to a halt in withdrawals with no official announcements. Users are seeking answers on X/Telegram. The CEO had stepped down a month prior. Bitforex holds 18% of the TRB supply and 7% of the OMI supply.
▶️ Check More Details Here :
https://twitter.com/zachxbt/status/1762028433574650347
🚨 JUST IN: MicroStrategy's Twitter account hacked, According to ZachXBT, it has currently caused a loss of $440,000 !
▶️ Check More Details Here :
https://twitter.com/zachxbt/status/1761920023441060272?s=46
🔔 BeFi Labs Announces Partnership With BakerySwap !
BeFi Labs unveils partnership with BakerySwap, a multi chain decentralized exchange that combines DeFi and NFTs. It offers lending and borrowing fractionalized NFTs, using the AMM model to tokenize NFTs. The partnership aims to enhance usability and accessibility for BRC20 market adoption.
BeFi Labs pioneers CeDefi innovation, merging Web3 users into the extensive BRC20 ecosystem, enabling zero-fee, instant trading of BRC20 tokens to simplify blockchain complexities for a user-friendly experience.
▶️ Token Details:
▪️Ticker: $BEFI
▪️Token Supply: 210,000,000
▶️ Check More Details Here :
https://twitter.com/BefiLabs/status/1760597800851530197
▶️ Project Socials :
▪️Website
https://befilabs.com/
▪️X (Twitter)
https://twitter.com/BefiLabs
▪️Telegram
/channel/BeFi_Labs
Anyone else out there who enjoys Pineapple Jalapeno toppings on pizza as much as Satoshi Nakamoto?
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🔔 Foresight Ventures Disclaims Affiliation with OX.FUN's Fundraising, Does Not Endorse or Support Their Efforts !
Foresight Ventures has clarified that they are not affiliated with OX.FUN's fundraising efforts and do not endorse or support them. Their discussions with OX.FUN were about a token trade, not an investment or endorsement. The deal has been reversed, and the token trade will not proceed. Foresight Ventures regrets any confusion and emphasizes their commitment to transparency.
▶️ Check More Details Here :
https://twitter.com/ForesightVen/status/1761361916717605252
🔔Grayscale CEO Michael Sonnenshein: Spot Ethereum ETF is 'a matter of when, not a matter of if' !
▶️ Get More Details Here :
https://www.cnbc.com/video/2024/02/23/a-spot-ethereum-etf-is-a-matter-of-when-not-a-matter-of-if-grayscale-ceo-michael-sonnenshein.html
🔔 Smart Layer Network (SLN) Listed on Multiple Exchanges !
Smart Layer Network’s, native token $SLN is listed on OKX, Gate, Kucoin, MEXC and Crypto.com. $SLN is currently trading at $6.73 (~11.2x ROI) & Public sale price was $0.60.
Smart Layer is revolutionizing digital assets with its ERC-5169 token standard and TokenScript technology. Smart Layer is backed by OKX Ventures, Mechanism Capital, Hashkey Capital, Crypto.com Capital, Mark Cuban and Framework Ventures.
▶️ Check More Details Here :
https://twitter.com/SmartLayer/status/1760942346836001077
▶️ Additionally, Smart Layer has distributed 2% of the total supply of $SLN for an airdrop.
▪️Claim is live now: https://twitter.com/SmartLayer/status/1760816952145297855
▶️ Project Socials :
▪️ Website
https://www.smartlayer.network/
▪️ X (Twitter)
https://twitter.com/SmartLayer
🔔 Block sold $2.52 billion worth of bitcoin in Q4, marking a 37% increase year-over-year !
Block, the payments company led by Jack Dorsey, recorded $2.52 billion in total bitcoin sales amount to customers in the fourth quarter of 2023, representing a 37% year-on-year growth, according to its latest earnings report released Thursday. The report also showed that the company gained $207 million in remeasured bitcoin holdings. Block held around 8,038 bitcoin at the end of last year, which was worth around $340 million at that time.
▶️ Check More Details Here :
https://www.sec.gov/Archives/edgar/data/1512673/000119312524042835/d718674dex991.htm
⚡️ News Flash - 23 Feb 2024 !
1️⃣ DCG criticizes Genesis, its subsidiary, for its settlement with New York, calling it "subversive"
The bankrupt Genesis Global reached a deal with the attorney general's office earlier this month to settle charges of defrauding investors. However, its parent company argues that the settlement was not proper.
2️⃣ Coinbase urges the SEC to approve the listing of Grayscale's proposed spot ether ETF
Coinbase has urged the Securities and Exchange Commission (SEC) to list the Grayscale Ethereum Trust for trading, as stated by the company's chief legal officer, Paul Grewal.
3️⃣ Nigeria takes steps to restrict access to cryptocurrency trading platforms, Coinbase Says It's Still Accessible in Nigeria
Nigeria has directed telecommunications companies and other internet service providers to block access to cryptocurrency trading platforms, affecting websites like Binance, Coinbase, and Kraken.
4️⃣ Valkyrie introduces a 2x leveraged Bitcoin futures fund BTFX providing investors with a way to gain exposure to Bitcoin's price action.
5️⃣ Valkyrie's Chief Investment Officer Steven McClurg, stated in an interview with The Block that a spot ether ETF is not imminent, but it could potentially be approved within the next year or two.
🔔 Worldcoin surges 40%, reaching an all-time high as AI tokens, including Worldcoin, rise on Nvidia's growth !
OpenAI CEO Sam Altman's Worldcoin (WLD) token surged to record highs, alongside a broader rally in AI-related tokens, following chipmaker Nvidia's strong fourth-quarter earnings and first-quarter guidance. Worldcoin's WLD token rose 40% in a day and nearly 170% over the past week, reaching an all-time high of $8.85 and currently trading at $8.61. SingularityNET (AGIX) and FetchAI (FET) also saw significant gains, rising 43% and 18% respectively. Other AI-associated tokens like the Graph's (GRT) and Render's (RNDR) also experienced notable increases, up 17% and 23% respectively.
🔔 Andreessen Horowitz backs restaking project EigenLayer with $100 million investment, reports Bloomberg !
Venture capital firm Andreessen Horowitz has reportedly invested $100 million in the crypto restaking project EigenLayer, according to Bloomberg. The investment, expected to be announced on Thursday, marks Andreessen Horowitz as the sole backer in the round.
▶️ Check More Details Here :
https://www.bloomberg.com/news/articles/2024-02-22/andreessen-invests-100-million-in-crypto-startup-eigenlayer
🔔 FalconX ventures into Hong Kong amid increasing institutional demand !
FalconX, a digital-assets prime brokerage, is expanding into Hong Kong to cater to the region's rising institutional demand for crypto assets. The company plans to offer over-the-counter brokerage and crypto derivatives services to professional investors in Hong Kong, including proprietary trading firms, family offices, and fund managers.
▶️ Check More Details Here :
https://www.prnewswire.com/news-releases/digital-assets-platform-falconx-expands-global-presence-to-singapore-301752684.html
🔔 HTX Withdraws Crypto Exchange Application in Hong Kong !
The Hong Kong-based subsidiary of HTX, formerly known as Huobi, has withdrawn its application for a virtual asset trading license, as reported on the Securities and Futures Commission website.
▶️ Check More Details Here :
https://www.sfc.hk/en/Welcome-to-the-Fintech-Contact-Point/Virtual-assets/Virtual-asset-trading-platforms-operators/Lists-of-virtual-asset-trading-platforms
🔔 Bouncebit Opens Premium Yield Generation To All Early Access Users !
BounceBit has announced that Premium Yield Generation is now open to all early access users who stake 0.1 $BTCB, without the need for any application. Users can now earn yield with their BTCB on the BNBCHAIN through delta neutral Funding Rate Arbitrage strategies, backed by Blockchain Capital, Breyer Capital, Mainnet Digital and Ceffu.
BounceBit is a native BTC restaking chain, merging $BTC and BounceBit token staking for enhanced network security. BounceBit's PoS mechanism introduces a unique dual-token staking system, leveraging native BTC security with full EVM compatibility.
▶️ Guide on how to get $BTCB: https://docs.bouncebit.io/user-guides/how-to-get-btcb-from-binance
▶️ How to deposit: https://docs.bouncebit.io/user-guides/how-to-deposit
▶️ Check More Details Here :
https://twitter.com/bounce_bit/status/1762053658127294568
▶️ Project Socials :
▪️Website
https://bouncebit.io/
▪️X (Twitter)
https://twitter.com/bounce_bit
🔔 KyberSwap Hacker Transfers $2.5M in Stolen Funds to Ethereum !
Blockchain analytics firm PeckShield posted movements from the KyberSwap attacker’s wallet address. According to blockchain data, the hacker bridged 798.8 Ether, worth almost $2.5 million, from Arbitrum to the Ethereum network. Additionally, the hacker moved almost one million dollars in stablecoins, with a wallet linked to the exploiter transferring $826,500 of the Dai stablecoin to another wallet.
▶️ Check More Details Here :
https://twitter.com/PeckShieldAlert/status/1761983831610175987
🔔 Circle Collaborates with Krafton and Naver Z's Joint Venture to Develop 'Roblox-Style' Metaverse !
Circle Internet Financial announced a partnership with Overdare, a joint venture by South Korean gaming and metaverse giants Krafton and Naver Z Corporation. Overdare plans to use Circle's programmable wallets to develop its user-generated content gaming platform, allowing game content creators to create in-game wallets for receiving payouts in USDC.
▶️ Check More Details Here :
https://twitter.com/circle/status/1761939858766131318
🔔 Aleo Users Alarmed Following KYC Document Leak !
Aleo, a blockchain platform focusing on zero-knowledge (zk) applications, has inadvertently revealed its users' information, prompting concerns among users. A user named @0xemirsoyturk reported receiving Know Your Customer (KYC) documents, including selfies and ID card photos of another user, in his email. This incident underscores the importance of privacy and security in zero-knowledge layer-1 blockchain platforms, which utilize zero-knowledge proof cryptographic techniques to enable transactions without disclosing sensitive information.
▶️ Check More Details Here :
https://twitter.com/inversebrah/status/1761646440097726851
🚨 Risk on Blast Rugs $1M+ on Blast_L2, X (Twitter) Account Deleted !
Risk on Blast executed the first rug pull on Blast_L2 after it vanished post a $1M+ presale. The Ethereum L2 platform has not been launched yet.
▶️ Check More Details Here :
https://twitter.com/DegenerateNews/status/1761602734275322074
🔔 FTX Europe to be Sold Back to Founders for $32.7 Million, Three Years After $323 Million Acquisition by Sam Bankman-Fried !
FTX, a bankrupt crypto exchange, has settled a dispute over its European division, returning the company to its previous owners. The settlement involves FTX selling FTX Europe back to its founders for $32.7 million, after difficulties finding other buyers. FTX had acquired the Swiss startup Digital Assets AG (DAAG), later named FTX Europe, in 2021 in a $323 million deal. Before accepting the sale, FTX attempted to recover the funds spent on the acquisition, alleging that the purchase was financed with customer funds and arguing that the acquisition price was a "massive overpayment."
▶️ Check More Details Here :
https://www.reuters.com/legal/litigation/ftx-reaches-33-million-settlement-over-failed-european-expansion-2024-02-23/
🔔 Google Secures AI Training Partnership with Reddit !
Google and Reddit have formed a partnership where Reddit will supply its content as artificial intelligence (AI) training data to the search engine. In a recent announcement, Reddit mentioned that it will offer Google improved methods for training models.
▶️ Check More Details Here :
https://www.redditinc.com/blog/reddit-and-google-expand-partnership
🔔 The Uniswap Foundation has revealed that a Snapshot vote for new proposals will be held on March 1, 2024 !
On-chain voting will begin on March 8, allowing protocol fees to be distributed proportionally to UNI token holders who have staked and delegated their voting rights.
▶️ Check More Details Here :
https://twitter.com/UniswapFND/status/1761029569983971567
🔔 Donald Trump's perspective on Bitcoin is evolving, noting that "many people are embracing it" !
It appears that U.S. Presidential candidate Donald Trump is warming up to Bitcoin, despite previously calling it a "scam." Trump stated that while he believes some regulation may be necessary, many people are embracing Bitcoin, and he could "live with it one way or the other."
🔔 Sky Mavis co-founder Jeffrey Zirlin's wallets hacked for $9.7 million in ETH, according to Peckshield !
Jeffrey Zirlin, co-founder of Sky Mavis, the company behind the Axie Infinity game, reported that two of his personal wallets were hacked on Friday morning Asia time. Blockchain security firm PeckShield identified that a "whale wallet" was compromised, with approximately 3,248 Ether (worth around $9.7 million) withdrawn from the Ronin Bridge and moved to the crypto mixer Tornado Cash. Zirlin emphasized that the attack was limited to his personal accounts and did not impact the validation or operations of the Ronin chain. He also stated that the leaked keys were unrelated to Sky Mavis operations.
▶️ Check More Details Here :
https://twitter.com/Jihoz_Axie/status/1760845078757511562
🔔 JUST IN: Reddit invests excess cash in Bitcoin and Ethereum, considering further investments in the future !
▶️ Check More Details Here :
https://www.sec.gov/Archives/edgar/data/1713445/000162828024006294/reddits-1q423.htm
🔔 European Central Bank Officials Maintain View That Bitcoin's Fair Value Is 'Still Zero' Despite Spot ETF Approvals in US !
Ulrich Bindseil and Jürgen Schaaf of the ECB criticized the U.S. SEC's approval of spot Bitcoin ETFs, likening it to "the naked emperor's new clothes." They argued that the approval doesn't alter the view that "Bitcoin is not suitable as a means of payment or as an investment."
▶️ Check More Details Here :
https://www.ecb.europa.eu/press/blog/date/2024/html/ecb.blog20240222~0929f86e23.en.html
🔔 England's Law Commission explores classifying cryptocurrency as property !
The Law Commission in England and Wales has released a consultation on draft legislation to classify cryptocurrency as property, following a report last year that highlighted the property rights of crypto tokens. Responses to the consultation are due by March 22.
▶️ Check More Details Here :
https://lawcom.gov.uk/project/digital-assets/
🔔 StarkNet's STRK token experiences a decline in value due to significant selling pressure from Nethermind and airdrop participants offloading millions of tokens !
The STRK token for the Ethereum layer-2 network Starknet has experienced a significant price drop, falling nearly 60% to under $1.90 from a peak of $4.41 on Feb. 20, shortly after its airdrop. The price decline was reportedly influenced by Ethereum infrastructure firm Nethermind and airdrop farmers dumping millions worth of the token. After being listed on Binance and reaching a high of $7.70, the price on the exchange has also fallen below $1.90, marking a 75.4% decrease.
▶️ Check More Details Here :
https://www.coingecko.com/en/coins/starknet