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- Alpha-Packed: Friday 15 Sep
Alpha-Packed: Friday 15 Sep
☕️ On today's Top Picks:
- FTX approved to sell $-billion worth of cryptocurrencies,
- SEC accuses Binance US of lack of transparency. Management slowly leaving company.
- Ethereum Holesky testnet is launching today.
- Ape token unlock over the weekend.
Read time: 6 minutes
⚡ Alpha
• opBNB Genesis NFT is live until September 20th. Users who completed the opBNB testnet campaign are eligible.
• Layer3 launches LayerZero commemorative ONFT quest.
• Starknet ID .stark domains discounted in celebration of Starknet Quantum Leap.
• Linea x Sushi Bomb Diggity NFT campaign is live until September 26th.
• DeBank, new Web3 Badge revealed for users who have 1000 or more followers.
• mint fun Season 2 of !fundrop announced.
• Binance research report highlighting RWA's, decentralized social, payments aervices, and more.
• Layer3 launches LayerZero commemorative ONFT quest.
• Starknet ID .stark domains discounted in celebration of Starknet Quantum Leap.
• Linea x Sushi Bomb Diggity NFT campaign is live until September 26th.
• DeBank, new Web3 Badge revealed for users who have 1000 or more followers.
• mint fun Season 2 of !fundrop announced.
• Binance research report highlighting RWA's, decentralized social, payments aervices, and more.
🪂 Airdrops
📰 TRADFI News
• Three Arrows Capital founders, Zhu Su and Kyle Davies; banned from Singapore by its Monetary Authority.
• Binance US Legal Director, Krishna Juvvadi; and Chief Risk Officer, Sidney Majalya; leave company following CEO's resignation earlier this week.
• SEC accuses Binance US of lack of transparency citing Binance US’s holding company, BAM, has only produced 220 documents in its investigation.
• FTX approved to sell $billion worth of cryptocurrencies, but with with limits. Justin Sun and Andrei Grachev, head of Web3 investment firm DWF Labs; have express interest in purchasing FTX assets.
• Genesis is ceasing all trading operations following shut down of its U.S. trading platform last week. The decision was cited as voluntarily and for business reasons.
• Deutsche Bank, a trillion dollar asset manager; to offer cryptocurrency custody services.
• Brian Armstrong, believes CFTC should not be creating enforcement actions against DeFi protocols and that they should defend themselves in court to establish precedent.
• Stoner Cats NFT project charged by the SEC for selling unregistered securities. Stoner Cats agrees to pay $1 million fine, burn any NFT's it still holds, and setup fund to refund investors.
• Bitcoin mining uses ~50% clean energy according to Bloomberg Intelligence report. Elon Musk has previously stated Tesla would resume Bitcoin transactions when Bitcoin reached this figure.
• JPEX cryptocurrency exchange raises withdrawal fee up to 980 USDT and disappears from Token 2049 booth after Hong Kong Securities & Futures Commission warned the exchange of being subject to criminal liability.
• Binance US Legal Director, Krishna Juvvadi; and Chief Risk Officer, Sidney Majalya; leave company following CEO's resignation earlier this week.
• SEC accuses Binance US of lack of transparency citing Binance US’s holding company, BAM, has only produced 220 documents in its investigation.
• FTX approved to sell $billion worth of cryptocurrencies, but with with limits. Justin Sun and Andrei Grachev, head of Web3 investment firm DWF Labs; have express interest in purchasing FTX assets.
• Genesis is ceasing all trading operations following shut down of its U.S. trading platform last week. The decision was cited as voluntarily and for business reasons.
• Deutsche Bank, a trillion dollar asset manager; to offer cryptocurrency custody services.
• Brian Armstrong, believes CFTC should not be creating enforcement actions against DeFi protocols and that they should defend themselves in court to establish precedent.
• Stoner Cats NFT project charged by the SEC for selling unregistered securities. Stoner Cats agrees to pay $1 million fine, burn any NFT's it still holds, and setup fund to refund investors.
• Bitcoin mining uses ~50% clean energy according to Bloomberg Intelligence report. Elon Musk has previously stated Tesla would resume Bitcoin transactions when Bitcoin reached this figure.
• JPEX cryptocurrency exchange raises withdrawal fee up to 980 USDT and disappears from Token 2049 booth after Hong Kong Securities & Futures Commission warned the exchange of being subject to criminal liability.
📰 DeFi News
• Brian Armstrong confirms Coinbase exchange will integrate Bitcoin Lightning Network, but it will take some time.
• Ethereum Holesky testnet is launching today and will replace Goerli testnet. Goerli testnet support ending by end of the year.
• Polygon 2.0 implementation kicks off with the release of 3 Polygon Improvement Proposals (PIPs) and a roadmap for Phase 0.
• OP Labs announces that significant progress has been made on the OP Stack’s first Fault Proof System. Preparations to test the system on OP Goerli are being made.
• Cygaar announces, Frame; an Ethereum rollup network for creators and collectors. Features include enforcing royalties, a creator's fund, native Delegate support, and more.
• Paxos claims responsibility for $510,000 Bitcoin transaction fee which occurred earlier this week. Bitcoin mining pool, f2pool; returns funds to Paxos.
• Ape token unlock over the weekend. ~$44 million / 11.02% of the supply.
• TON Foundation working with Telegram and Wallet in Telegram to integrate the TON blockchain.
• Sushi is live on Linea alongside NFT campaign.
• LlamaNodes adds Optimism support with premium and free RPC's.
• Ethereum Holesky testnet is launching today and will replace Goerli testnet. Goerli testnet support ending by end of the year.
• Polygon 2.0 implementation kicks off with the release of 3 Polygon Improvement Proposals (PIPs) and a roadmap for Phase 0.
• OP Labs announces that significant progress has been made on the OP Stack’s first Fault Proof System. Preparations to test the system on OP Goerli are being made.
• Cygaar announces, Frame; an Ethereum rollup network for creators and collectors. Features include enforcing royalties, a creator's fund, native Delegate support, and more.
• Paxos claims responsibility for $510,000 Bitcoin transaction fee which occurred earlier this week. Bitcoin mining pool, f2pool; returns funds to Paxos.
• Ape token unlock over the weekend. ~$44 million / 11.02% of the supply.
• TON Foundation working with Telegram and Wallet in Telegram to integrate the TON blockchain.
• Sushi is live on Linea alongside NFT campaign.
• LlamaNodes adds Optimism support with premium and free RPC's.
🛡 Security and Exploits
• Cyvers alerts cryptocurrency exchange, Remitano; of suspicious transactions, saves $2.7 million from being exploited.
• Slowmist issues security alert that a WinRAR vulnerability is being actively exploited.
• Slowmist issues security alert that a WinRAR vulnerability is being actively exploited.
💰 Funding
• Paradigm seeking to raise $1 billion fund by the end of this year or early next year.
• KBank launching $100 million fund to invest in Web3 targeting infrastructure startups.
• Movement Labs, blockchain infrastructure startup; raises $3.4 million in pre-seed funding round.
• Portals, a yield and protocol aggregator; raises $500K in a Seed extension funding round.
• KBank launching $100 million fund to invest in Web3 targeting infrastructure startups.
• Movement Labs, blockchain infrastructure startup; raises $3.4 million in pre-seed funding round.
• Portals, a yield and protocol aggregator; raises $500K in a Seed extension funding round.
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