Crypto (@cworld) • Hey
Crypto
Publications
- JPMorgan has revised its bitcoin production cost estimate to $ 45,000.
https://www.theblock.co/post/295005/jpmorgan-revises-bitcoin-production-cost-estimate-to-45000
- Bank of America raised Coinbase to neutral from underperform and boosted its price target to $ 217 from $ 110.
The current macro backdrop has been positive for crypto market cap growth and trading volumes, the report said.
https://www.coindesk.com/business/2024/05/17/coinbase-upgraded-to-neutral-from-underperform-at-bank-of-america-on-positive-crypto-market-dynamics/
- Zksync will soon roll out its v24 upgrade to accelerate its protocol's decentralization.
The announcement fueled rumors that an airdrop from the Layer 2 solution could come as early as June.
https://www.theblock.co/post/295190/zksync-teases-v24-upgrade-fueling-airdrop-rumors
https://x.com/zksync/status/1791488199715348727
- May 17 Update:
9 ETFs added 3,743 BTC (+$ 251.56M).
Grayscale added 397 BTC (+$ 26.7M) and currently holds 288,895 BTC ($ 19.42B).
Blackrock added 1,435 BTC (+$ 96.44M) and currently holds 276,190 BTC ($ 18.56B).
https://x.com/lookonchain/status/1791509008739921948
- LayerZero announced that 803,093 addresses were identified as potential sybils.
Start: Today, May 18th, 2:00 UTC
Deadline: May 31st, 23:59 UTC
Reward: 10% of a sybil’s intended token allocation.
https://x.com/layerzero_labs/status/1791622471965163597
https://x.com/layerzero_labs/status/1791622471965163597
- Notcoin will launch first campaigns, products and offers on early next week.
https://x.com/thenotcoin/status/1791629365786169516
- The 2nd batch Oyster Labs smartphone preorder has started.
Accepted: TON
Price: $ 159.99 (shipping fee included)
https://universalphone.xyz/
- Looking at all the new listing of the past 6 months on the largest CEX, Binance, more than 80% of tokens are down from their listing date.
The only exceptions are:
- MEME: A meme coin
- ORDI : No tier 1 VC
- JUP + JTO: Big Solana momentum
- WIF: Another meme coin
https://twitter.com/tradetheflow_/status/1791382917731762611
- Eigen Foundation's new advisor Justin Drake announces that 3 EFers have a formal relationship with Eigen Layer entities: one as an early Eigen Labs investor, and two as recent Eigen Foundation advisors.
The advisorship comes with a significant EIGEN token incentive. Drake will receive millions of dollars of EIGEN tokens vesting over 3 years.
https://twitter.com/drakefjustin/status/1792143477163106787
https://twitter.com/drakefjustin/status/1792143477163106787
- Memeland has introduced MON Protocol (MON) on Stakeland
MON Protocol is building the Nintendo of Web3, publishing and developing blockchain-native IPs and games.
The farming will start on Monday, 20 May 2024.
Twitter: https://x.com/Memeland/status/1791847358675943509
Farming: https://www.stakeland.com/farming
Website: https://www.monprotocol.ai/
- LayerZero suspended Sybil bounty hunting for a couple of days due to a large amount of spamming.
One possible solution proposed by Pellegrino is to add a 0.02 ETH (~$ 60) bond to report.
https://x.com/PrimordialAA/status/1792227769776001294
- Blast
- CME plans to launch bitcoin spot trading.
https://www.ft.com/content/bfae5894-8fa7-4131-86ce-7f8614065985
- Tornado Cash developer Alexey Pertsev appeals guilty verdict.
https://www.coindesk.com/policy/2024/05/16/tornado-cash-developer-alexey-pertsev-appeals-guilty-verdict/
- Tether is joining forces with Oobit, a mobile payment app, and the TON Foundation to create seamless crypto-payment solution.
https://tether.io/news/tether-collaborates-with-ton-foundation-and-oobit-to-create-seamless-crypto-payment-solution/
- XION is bringing Chain Abstraction to the Avalanche ecosystem through its Landslide integration.
https://twitter.com/burnt_xion/status/1791123183921201385
- Bybit will list Subsquid (SQD) on May 17th at 8:00 UTC.
SQD will also have listing on Gate, MEXC, KuCoin and Coinlist.
https://twitter.com/Bybit_Official/status/1791091232292159907
https://twitter.com/Bybit_Official/status/1791091232292159907
- US Senator Cynthia Lummis posts Bitcoin laser eyes after pro-crypto legislation passed in the Senate.
https://x.com/watcherguru/status/1791186480167334035
https://twitter.com/SenLummis/status/1791181277044875366
https://x.com/watcherguru/status/1791186480167334035
- Magic Eden announces that the token claim is coming in Q3.
https://twitter.com/MagicEden/status/1791137664587993496
- Peaq has secured $ 20 million in the largest CoinList launch in over two years.
Over 14,500 community members contributed over $ 36 million to oversubscribe peaq’s token launch on CoinList.
https://x.com/peaqnetwork/status/1791158696052916499
- Notcoin (NOT) trading has started on Binance, OKX, ByBit.
NOT is now trading at $ 0.01.
FDV: $ 1B
https://www.binance.com/en/trade/NOT_USDT
- Internet Computer has introduced its updated roadmap.
https://medium.com/@dfinity/the-internet-computer-roadmap-62487bdce289
- According to GitHub, Taiko TGE is approaching on May 26th.
Taiko is a decentralized, Ethereum-equivalent ZK-Rollup.
Website: https://taiko.xyz/
Twitter: https://twitter.com/taikoxyz
https://github.com/taikoxyz
- Coinbase has announced that the issue has already been resolved.
https://x.com/coinbasesupport/status/1790313929631011018
- Zhu Su: „I think VCs have within the span of two months gone from laughing at memecoins, to haughtily insulting them, to realising high fdv / low float meta is over. 95% of the coins underperforming the last month or so will never recover. There is no one to buy unlocks, there's no plan.“
https://twitter.com/zhusu/status/1790198782531125648
- Tornado Cash dev Alexey Pertsev gets 64-month prison term after Dutch court finds him guilty of money laundering.
https://www.dlnews.com/articles/regulation/tornado-cash-dev-alexey-pertsev-guilty-of-money-laundering/
- Tether announces the signing of a Memorandum of Understanding (MoU) with RAK Digital Assets Oasis (RAK DAO), which is the first step towards the launch of several strategic initiatives to help foster the adoption of Bitcoin technology and stablecoins in Ras Al Khaimah (RAK), the northernmost emirate in the United Arab Emirates.
In collaboration with RAK DAO, Tether will help facilitate crypto payment adoption in the region and design blockchain-focused education programs.
https://tether.io/news/tether-signs-mou-with-rak-dao-to-develop-educational-initiatives-on-bitcoin-and-stablecoins-in-the-ras-al-khaimah-region/
https://tether.io/news/tether-signs-mou-with-rak-dao-to-develop-educational-initiatives-on-bitcoin-and-stablecoins-in-the-ras-al-khaimah-region/
- The TON Foundation launches the Open League Summer hackathon with $ 2 million in rewards.
https://twitter.com/ton_blockchain/status/1790362184859484404
https://twitter.com/ton_blockchain/status/1790362184859484404
- Polymarket has raised $ 70 million across two rounds, with the most recent raise led by Founders Fund, a spokesperson said.
Ethereum co-founder Vitalik Buterin was among backers.
https://www.bloomberg.com/news/articles/2024-05-14/peter-thiel-s-founders-fund-backs-election-betting-with-polymarket-funding
- The State of Wisconsin Investment Board revealed $ 99 million in BlackRock spot bitcoin ETF and $ 63 million in Grayscale spot bitcoin ETF.
https://www.theblock.co/post/294380/state-of-wisconsin-investment-board-reveals-163-million-in-spot-bitcoin-etfs
- Linea: „Thanks to the community, we detected Sybil activity which managed to bypass issuers and attain attestations as though they are individual people. We strive to make our Voyage human-centric, so this caused us to pause distributing LXP. We're working with PoH issuers and Verax proactively to revoke attestations for addresses that are Sybils.”
https://twitter.com/LineaBuild/status/1789318471680958952
- The Securities and Exchange Commission will probably deny applications for Ethereum spot exchange-traded funds on May 23.
The lack of meaningful interaction with prospective issuers, coupled with Ethereum’s ambiguous regulatory status, have made analysts pessimistic about the chances.
Not to mention the SEC’s recent investigation into the Ethereum Foundation.
That means spot Ethereum ETFs probably won’t see the light until the end of 2025, Bloomberg Intelligence ETF analyst Eric Balchunas told DL News.
https://www.dlnews.com/articles/markets/us-election-may-decide-fate-of-ethereum-spot-etfs/
- Bitcoin Magazine CEO: “For the past month we have been working with the Trump campaign to develop their bitcoin and crypto policy agenda. We proposed a comprehensive executive order for President Trump to sign on day 1. I will be sharing those details soon. This week Trump took the first step, but there is much work to do. We intend to raise a $ 100m war chest for the campaign to insure the next President of the United States is pro Bitcoin. If you can help, please reach out.”
https://twitter.com/DavidFBailey/status/1789141605544538467
- Bitcoin's onchain activity has dipped to its lowest level since 2019.
https://twitter.com/santimentfeed/status/1789383542021169208
- Carv has postponed the node sale.
Whitelist Node Sale Launch: May 24, at 12:00 UTC
Public Node Sale Launch: May 28, at 12:00 UTC
https://medium.com/carv-official/carv-nodes-up-to-100-buyback-program-chaperone-the-node-launch-fostering-a-decentralized-9fa0353e475f
- Ripple CEO Brad Garlinghouse has warned that the US government is targeting Tether.
https://beincrypto.com/ripple-ceo-government-target-tether/
- ⚡️Top 5 EigenLayer Operators with Airdrop Campaign
👉 https://dropstab.com/coins/eigenlayer
- Azuro is joining forces with Chiliz, the blockchain in sports and entertainment, to promote the growth of onchain sport prediction markets.
https://x.com/azuroprotocol/status/1788576050990960834
- EIGEN staking is now live on Renzo.
https://twitter.com/RenzoProtocol/status/1788980841344819480
- Neel Somani, the founder and CEO of Ethereum scaling company Eclipse, said that he would be stepping back from his role as a "public face" for the company in response to a recent slate of sexual misconduct allegations.
https://www.coindesk.com/business/2024/05/09/sexual-misconduct-allegations-lead-founder-of-ethereum-layer-2-chain-eclipse-to-step-back/
- ARK Invest and 21 Shares cut staking component from latest spot Ethereum ETF filing.
https://www.theblock.co/post/293891/ark-invest-and-21-shares-cut-staking-component-from-latest-spot-ethereum-etf-filing
- Jupiter has announced the next round of LFG.
The vote will be on 22nd May.
https://x.com/jupiterexchange/status/1788995317272395884
- Billionaire Mark Cuban says SEC Chair Gary Gensler has not protected a single investor against crypto fraud.
"All he has done is make it nearly impossible for legitimate crypto companies to operate."
https://x.com/watcherguru/status/1789048911182680231
- Aethir is airdropping to the Azuki community as part of its Aethir Cloud Drop campaign.
https://twitter.com/AethirCloud/status/1787899572955590861
https://airdrop.aethir.com/
https://twitter.com/AethirCloud/status/1787899572955590861
- Injective has unveiled its collaboration with Arbitrum.
Working alongside Arbitrum allows a broader developer toolkit for inEVM users which was previously only available in the Ethereum L2 ecosystem.
https://blog.injective.com/en/arbitrum-and-injective-are-together-pioneering-novel-interoperable-evm-infrastructure/
- It’s #phairdrop time! 🪂🦄 Introducing Season 1 criteria for Phavercoin $SOCIAL with up to 1:1 Points to Tokens ratio. Check your allocation at phairdrop.com and learn how to still earn before the snapshot. 📸👀
Read below for more updates 👇 (1/3)
https://x.com/phaverapp/status/1788209976793579864?s=52
- Imaginary Ones has released BUBBLE tokenomics.
BUBBLE is an ERC-20 utility token that fuels the Imaginary World ecosystem.
Total Supply: 10,000,000,000 BUBBLE
Community Incentives: 30%
Ecosystem: 23%
Strategic Investors: 18.5%
Operations: 11.5%
Contributors: 10%
Liquidity: 7%
https://x.com/imaginary_ones/status/1788208979488784474
https://bubble.imaginaryones.com/litepaper
- Grayscale will focus energies on spot Ethereum products, CEO says.
https://www.dlnews.com/articles/regulation/grayscale-to-focus-on-spot-ethereum-products-says-ceo/
- Phaver
- Cyber Capital founder said that over 84% of the staked SUI supply is held by founders.
https://twitter.com/Justin_Bons/status/1786064329193787452