Alpha-Packed: Friday 15 Sep

☕️ On today's Top Picks:

  1. FTX approved to sell $-billion worth of cryptocurrencies,
  2. SEC accuses Binance US of lack of transparency. Management slowly leaving company.
  3. Ethereum Holesky testnet is launching today.
  4. 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.

🪂 Airdrops

DeBank airdrop strategy.

ZKX airdrop details and strategy.

📰 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.

📰 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.

🛡 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.

💰 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.

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