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Fastest Breaking Markets Updates Crypto • Finance • Technology • War
The Week Ahead:
Macro:
> GDP on 27
> Trump/Biden CNN debate on 27
> PCE Inflation data on 28
> FED Monetary Policy Report on 28
Crypto:
> Blast TGE/Airdrop on 26
> Nillion Community Round on Coinlist ends on 26
> Digital Assets Conference by Goldman Sachs on 27
> Binance will restrict the availability of Unauthorized Stablecoins for EEA users across its product offerings starting from 30
> Spot ETH ETF S-1 forms are expected to be approved in the next 10 days
Mt.Gox To Distribute Bitcoin, Bitcoin Cash Repayments Starting Beginning Of July 2024: Notice
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According to WSJ's sources, Meta, Google, Anthropic and Perplexity are negotiating with Apple to incorporate their generative AI models into Apple Intelligence: link
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Pantera Capital is raising funds for second TON token investment: TheBlock
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Market size estimates for tokenized assets going down YoY
> BCG: $16T by 2030 [2022]
> Bernstein: $5T by 2028 [2023]
> Citi: $5T by 2030 [2023]
> McKinsey: under $2T by 2030 [2024]
CFTC is investigating trading firm Jump’s involvement in crypto, including inquiries into its trading and investing activity: Fortune
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LayerZero Co-Founder on forced donation:
There is no forced donation, if you don't want to donate... simply don't claim. This is not something you own, it's something being offeredЧитать полностью…
Address labelled as 'German Government' appears to be selling bitcoins
> Address just moved 4k BTC
> 'German Government' still have 47.859K BTC
https://platform.arkhamintelligence.com/explorer/entity/germany
Binance: LayerZero (ZRO) Listing Will Be Postponed To 2024-06-20 13:00 (UTC).
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Morning 📰
> Is Certik Extorting Kraken for Millions? Link
> Binance Fined $2.2M by India’s Financial Intelligence Unit for providing services to Indian clients without adhering to AML rules.
> Bitget exchange integrated 'Ethena Labs' $USDe as a collateral asset, added USDe/USDT pair: link
> Blast Airdrop on june 26:
*Dapps must allocate all Gold/Points to users by Jun 25. Users must logged into their Blast dashboard with their EOA at least once to qualify for the airdrop.
> Binance Launches HODLer Airdrops to BNB Holders: link
> Claims for EIGEN Season 1 phase 2 airdrop Live now.
> Consensys still plans to move forward with lawsuit against SEC to get more legal clarity on MetaMask Swaps, Staking and other securities laws.
OpenAI's co-founder, llya Sutskever starting a new company called SSI, Safe Superintelligence aiming to create a safe, powerful AI system.
> Ilya Sutskever says:
This company is special in that its first product will be the safe superintelligence, and it will not do anything else up until then. And By safe, we mean safe like nuclear safety as opposed to safe as in 'trust and safety,'> He says that the LLMs that have dominated AI will play an important role within Safe Superintelligence but that it’s aiming for something far more powerful. With current systems, he says, “you talk to it, you have a conversation, and you’re done.” The system he wants to pursue would be more general-purpose & expansive in its abilities.
You’re talking about a giant super data center that’s autonomously developing technology. That’s crazy, right? It’s the safety of that that we want to contribute to.”
Russia and North Korea signed pact vowing military aid for each other if either country is attacked.
> Putin is in North Korea, first visit in 24 years
> The agreement includes a provision for the two countries to provide mutual military assistance if either one is attacked or faces aggression.
ZKsync offered Lens Protocol 0.5% of the total supply of $ZK token to build on its blockchain: link
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Kucoin to list LayerZero ($ZRO)
> Trading: 12:00 on Jun 20 (UTC)
> Withdrawals: 10:00 on Jun 21
> Deposits: Effective Immediately
Argentina: The Next El Salvador?
> Argentina is collaborating with El Salvador to develop crypto-friendly regulations.
> Argentina considering El Salvador-style mega-prisons to tackle crime.
> Worldcoin is increasing investments in Argentina to make it a regional hub.
> A Pro-Bitcoin President.
> Like El Salvador, Argentina may allow people to voluntarily choose between currencies.
Estimated Mt. Gox Distribution
> At Current Prices:
$BTC: 141,868 ($8.5B)
$BCH: 141,868 ($50M)
> Prices At Bankruptcy
$BTC: $451
$BCH: $0
MTGOX TRUSTEE SAYS WILL START BITCOIN, BITCOIN CASH REPAYMENTS
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CoinStats hacked ⚠️
> If you have your private key exported move your funds ASAP
Top headlines:
> The U.S. and China held informal nuclear talks for the first time in 5 years in March 2024 over China's potential use of nuclear weapons in a conflict over Taiwan. China assured it wouldn't use nukes in a Taiwan conflict, claiming confidence in winning conventionally
> Standard Chartered Is Building a Spot BTC, ETH Trading Desk
> Dell CEO posting about Bitcoin [he is pro Bitcoin nothing new but openly posting after long time]
> BTC mining is heating an entire town in Finland
Putin: Russia Thinking About Possible Changes To Its Nuclear Doctrine.
> Possible Changes Related To Lowering Threshold For Use Of Nuclear Weapons In The West.
> No Need For Russia's Pre-emptive Nuclear Strike.
> We Do Not Rule Out Supplies Of High-Precision Weapons To North Korea.
LayerZero airdrop drama on Polymarket: 𝕏
> LayerZero airdrop chance on Polymarket dropped from 99% to 51% after LayerZero's Proof-of-Donation mechanism announcement.
> Possibly because LayerZero's blog post explicitly says: "this is not an airdrop." And also Airdrops supposed to be free w/ just gas fees.
Anthropic released Claude 3.5 Sonnet — their most intelligent model yet: 𝕏
> It beats OpenAI's GPT-4o
> It's available for free
MicroStrategy has acquired an additional 11,931 BTC for ~$786M using proceeds from convertible notes & excess cash for ~$65,883 per bitcoin.
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LayerZero is introducing a new claiming mechanism called Proof-of-Donation: link
> To claim ZRO, users must donate $0.10 in USDC, USDT, or native ETH per ZRO. 😐
> $ZRO Claim Is Live
LayerZero Airdrop/Tokenomics:
Total supply: 1B
> Year 1 circ. supply: 250M
> investors: 32.2%
> team: 25.5%
> community: 38.3% + 4%(Tokens Repurchased & pledged to the Community)
*Day 1 airdrop: 8.5% (3% to RFP & 5.5% to core)
*Future Airdrops: 15.3%
*Ecosystem: 14.5%
> Wallets eligible: 1.28M
> Saved from Sybils: 1%
Mini/Max allocation:
> Core/Users: 25/5k ZRO
> RFP: 5/10k ZRO
> Max. for Specific protocol: 100k
> snapshot: may 1st, 2024
> claim: June 20 at 11:00 AM UTC.
> Pre-Market price: $4.3
> Airdrop checker: https://www.layerzero.foundation/eligibility
> Sybil checker: https://wenser.xyz
> Announcement: https://info.layerzero.foundation/introducing-zro-d39df554a9b7
locks/unlocks:
> 25% unlock Day 1:
*8.5%: Airdrop
*11.5%: future Airdrops, RFPs and out of this 0.5% to community members
*5%: LayerZero Foundation
> Team and Investors: 1y lock and monthly unlock over the following 2 years.
Note:
> fee Switch for ZRO holders can be activated through governance.
> All unclaimed tokens at end of claim period will be redistributed to those who did claim based on LZ Core allocation.
$ZRO Listings: 20 Jun, 2024
> Binance: at 12:00 UTC
> Upbit, Kucoin, okx, Bybit and others
Morning 📰:
> LayerZero checker is Live: https://www.layerzero.foundation/eligibility
> Numerai launched a prediction platform where anybody can submit crypto market signals and earn rewards.
> Montenegrin Prime Minister invested $75k in Terraform Labs in April 2018 to purchase 750k Terra (LUNA) tokens.
> Binance Labs invests in Rango, a DEX and bridge aggregator.
> ZachXBT submitted Arkham bounty w/ sharing a screenshot which shows Martin Shkreli created the $DJT token.
> Cobie: maybe its over for airdrops after layerzero.
> DWF will invest in undervalued coins to increase their portfolio for a next bull wave.
> OpenAI reportedly preparing for an IPO
> Pantera Capital to invest $200M in AI crypto projects from it's new 1B fund which it announced in April, 2024.
> Nvidia is now officially the most-valuable company in the world.
> U.S. Spot BTC ETFs net flow in the last 7 days: -$878M
> SEC is closing its investigation into ETH 2.0 and will not pursue an enforcement action against Consensys.
GCR vs Martin Shkreli: $100M bet
> Bet: $DJT token is launched by Trump or not.
> A news media reported on monday, citing as per conversations that trump is launching a token called $DJT.
> Polymarket shows 21% chance that $DJT token is real.
> Arkham Intel bounty: $150k to the first person who prove the identity of the creator of $DJT.
X (Twitter) plans to include a Venmo-like payments feature that will let users store money on their X accounts, pay other users or businesses, and even buy goods and services in physical stores.
> Elon Musk owns ~ 75% of X Holdings Corp., No other investor owned more than 10%.
> X has no plans to let users send and receive Crypto Currencies.
Coinbase will list EIGEN-PERP on pre-launch market on June 18.
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