Base L2 New Token: SEAM Airdrop

️ On today's Top Picks:

Crypto News

• ⭐️ ~$300M liquidated from cryptocurrency markets as Bitcoin falls below $42K.

• Tether introduces new policy designed to combat activity connected with sanctioned persons on the OFAC SDN list.

• Binance introduces Fusionist $ACE on Binance Launchpool.

• Pudgy Penguins announces Pudgy World, a multiplayer game powered by zkSync.

• Sismo returns funds to investors and plans to deprecate.

Alpha

• Aptos launches Ecosystem Fundamentals campaign on Galxe, Quest One ends tomorrow.

• Fusionist $ACE thread on X by Crypto Snooper.

• ICYMI: Linea DeFi Voyage Wave 7 is live on intract.

• ICYMI: Gyroscope stablecoin $GYD is live.

Airdrops

• Orderly Network airdrop strategy by Earndrop.

• Everything modular thread on X by mztacat

Finance News

• ⭐️ Cathie Wood's ARK sells an additional 335,860 Coinbase $COIN shares worth ~$49.2M.

• Global hedge funds have lowest exposure to financial stocks since COVID-19 crisis.

• US FTC examines Microsoft $MSFT investment in OpenAI to determine if it may violate antitrust laws.

• Nasdaq to pay $4M settlement over apparent Iran sanctions violations.

• US Fed policy decision. (Wed)

Security and Exploits

• Slowmist weekly security report highlights ~$1.91M in estimated losses.

• AffineDeFi exploited for ~$145K.

• ⭐️ Wormhole patches Wormhole Aptos contracts after CertiK reports vulnerability.

• Compound DAO proposal that would award a developer who reported and fixed a vulnerability fails to pass after it falls short of vote quorum.

Token Unlocks

⭐️ • Aptos / 24.48M $APT / ~$193.27M / 11 DEC
• CyberConnect / 1.26M $CYBER / ~$7.79M / 14 DEC
• Flow/ 2.6M $FLOW / ~$1.99M / 15 DEC
• ApeCoin / 15.6M $APE / ~$25.74M / 16 DEC

Funding

• Data shows 3K+ private VC-backed startups have gone out of business this year; collectively raised over $27B.

• GFO-X, a UK regulated crypto derivatives platform, raises $30M in Series B funding led by M&G Investments.

• Nonco, a digital asset brokerage firm; raises $10M in Seed funding led by Valor Capital Group and Hack VC.

• Liquidium, a Bitcoin Ordinals lending platform; raises $1.25+M in Pre-Seed funding.

• Dovi, a Bitcoin Ordinals layer 2 solution; raises an undisclosed amount in a strategic investment from Kucoin Labs.

• ThenaFi, a BNB Chain DEX; raises $600K in a strategic investment from Orbs Network

The Degen Farmer