MOST IMPORTANT PHASES...
1. 📜 China plans strategic Web3 & blockchain document.
2. ⚖️ Do Kwon successfully appeals extradition.
3. 📉 Celsius sells $243M worth of Ethereum.
4. 🪂 Frame launches airdrop.
5. 🔓 CertiK reveals OKX iOS app vulnerability.
📰 Crypto News 📰
⭐️ • China plans to create a strategic document clarifying path forward for web3 & blockchain.
⭐️ • Do Kwon successfully appeals extradition from Montenegro.
• Tether onboards US Secret Service and in the process of adding the FBI.
⭐️ • Celsius sells $243M worth of Ethereum with over $3.94B in assets remaining.
• Marathon Digital $MARA acquires two Bitcoin mining farms for $178.6M.
• Zcash founder, Zooko Wilcox; steps down from CEO position.
• EthereumPoW $ETHW disbands core development organization to achieve complete autonomy.
• Starknet Argent X users need to update their wallets before tomorrow as feeder gateway deprecates.
—————————
⚡ Alpha ⚡
• Pontem unveils Lumio, the first Move L2 on Ethereum.
• Friend tech releases V2 trailer dated for Spring 2024.
• Taiko launches A Holiday Quest for Knowlege campaign on Galxe.
• RedStone launches Holiday Special campaign on Galxe.
• Braavos launches OG role giveaway on Zealy.
—————————
🪂 Airdrops 🪂
• Cosmos staking tutorial by Earndrop.
⭐️ • Frame launches airdrop for NFT traders and testnet users.
• Aki Network launches airdrop for Aki Network users.
• Access Protocol airdrops 100K $ACS to Solana Saga owners.
• Dymension tweet stating, "📸" hints at airdrop snapshot.
• Rainbow Wallet airdrops points for Week 1.
• Starkpunks unveils $PUNK token and announces airdrop for NFT holders.
—————————
📰 Finance News 📰
• Ark Invest sells another ~$5.5M worth of Coinbase $COIN shares in addition to ~$1.6M worth of Robinhood $HOOD shares.
• Ark Invest sells ~$27M in Grayscale Bitcoin Trust $GBTC and buys ~$26M in Block $SQ.
• Only 60% of student loan borrowers made payments after being unpaused.
• Google $GOOG agrees to pay $700M fine and allow for better competition within the Google Play Store.
• AON $AON to buy NFP, an insurance broker for $13.4B.
• Bird $BRDS files for bankruptcy despite raising $500M.
—————————
🛡️ Security and Exploits 🛡️
⭐️ • CertiK reveals OKX iOS app vulnerability and urges users to update to the latest version immediately.
• Ledger to compensate affected victims and no longer allow Blind Signing by June 2024 following recent hack.
• BloXroute to start rejecting transactions from OFAC blacklisted addresses.
• Binance passes SOC 2 Type II compliance audit.
• Xfinity discloses data breach affecting 35M people.
—————————
🪙 Token Unlocks 🪙
• Euler / 123.34K $EUL / ~$392K / DEC 20
• Space ID / 18.49M $ID / ~$5.86M / DEC 21
• Acala / 4.66M $ACA / ~$361K / DEC 24
—————————
💰 Funding 💰
• Tres FInance, a Web3 tax services firm; raises $11M in Series A funding.
• Fiat Republic, a Banking-as-a-Service (BaaS) platform; raises $7M in Seed extension funding.
• Grass, an incentivized web scraping protocol; raises $3.5M in Seed funding led by Polychain Capital & Tribe Capital.
• Fyde Treasury Protocol, liquid vaults for treasuries; raises $3.2M in Seed funding.
• Formless, a decentralized network for creators; raises $2.2M in Pre-Seed funding.
• Voi Network, an Algorand fork; raises an undisclosed amount in Seed funding.
• Moove Protocol raises an undisclosed amount led by Morningstar Ventures.
—————————
🌾 The Degen Farmer 🌾
• Curve DEX (Ethereum) / IDAI-IUSDC-IUSDT / 127.94%
• Solv Funds (Arbitrum) / USDT / 84.95%
• PancakeSwap V3 (BSC) / USDT-BUSD / 60.52%
• Morpho Aave (Ethereum) / USDT / 42.61%
• Beefy (Arbitrum) / MIM-ARBUSDCE-USDT / 39.95%
• Abracadabra (Arbitrum) / MIM-USDC-USDT / 38.18%
• Aura (Arbitrum) / DOLA-USDC / 32.96%
• AAVE V2 (Ethereum) / USDT / 25.29%
Credit: Olimpiocrypto
