$LINEA Token Announced for Q1 2025

️ On today's Top Picks:

Crypto News

• ⭐️ US FBI seizes Polymarket CEO’s phone & electronics; reportedly facing DOJ Probe over alleged US users.

• Justin Drake proposes Beam Chain, a new Ethereum consensus layer upgrade proposal.

• ⭐️ Unichain disables RPC after early developer access details leaked; cites chain is not ready for public use.

• Former FTX Coder Gary Wang creates tools to help US government detect fraud.

• South Korea arrests 215 individuals in $232m crypto fraud scheme

• US DOJ seeks seizure of ~$16m in FTX-linked crypto held on a Binance account.

• Digital Asset Investment Products saw $1.98b of inflows last week.

• Crypto Venture Capital investment dropped ~31% to $1.7b in Q3 2024; number of deals dropped ~25% to 392.

• BlackRock launches BUIDL on Aptos $APT, Arbitrum $ARB, Avalanche $AVAX, Optimism $OP, & Polygon $POL.

• Coinbase launches Coinbase 50 Index $COIN50, a benchmark index representing the top 50 eligible digital assets.

• PayPal $PYUSD integrates LayerZero $ZRO to connect across chains.

• Canary Capital files for Hedera $HBAR spot ETF with US SEC.

• Coinbase acquires Utopia Labs to accelerate onchain payments.

• Bitwise acquires Attestant, an Ethereum staking provider with $4b in staked assets.

• Arca & BlockTower to merge; BlockTower Venture Capital to stay independent. 

Alpha

• Babylon to launch Cap-3 & Phase-2 Testnet in December.

• Corn launches Avalon Certified Organic BTCFi Stablecoins quest on Galxe.

• Zerion launches ZERϴ Network Mainnet, an Ethereum Layer 2 without gas fees.

• Layer3 launches Race to ZERϴ campaign on Layer3 Launchpad.

• Starknet to launch $STRK staking on November 26th.

• Lisk $LSK to launch airdrop campaign on November 21st.

• Linera launches first phase of Linera Testnet Archimedes.

• Anoma unveils Anoma's roadmap to Mainnet; initial mainnet version won't include an Anoma token.

• Ambient launches Tempest Finance, a liquidity management protocol built on top of Ambient.

• Avantis launches Majors, Memes, and Chads trading competition.

• Arkham $ARKM launches Perpetuals Exchange trading; Points program also live.

• Squid launches Squid Wallet View; view & manage your crypto across 20+ wallets & 75+ chains.

• Pirate Nation $PIRATE Season 2 ends at 4:30 pm UTC; Season 3 to begin immediately after.

• Varun Srinivasan posts 2025 priorities for Farcaster; launches $50k retro grants for apps & developers building on Farcaster.

• Lens introduces the new Lens, a network with social features on Ethereum.

• Rome launches Public Testnet; setup an L2 using Rome stack in several minutes.

• Bubblemaps launches Bubblemaps V2 Beta waitlist.

Airdrops

• ⭐️ Linea introduces Linea Association; to launch $LINEA by Q1 2025.

• Sui Name Service to launch $NS airdrop at 10:55 am UTC.

• Xion launches $XION airdrop eligibility & allocation checker.

• Aigisos updates $AIG airdrop allocation; tokens already being sent.

• Sender AI to launch $ASI in November.

• DeBank launches Swell $SWELL Airdrop Hunter Web Badge.

• ICYMI OpenSea V2 redesign teases points system with retroactive rewards; OpenSea token potentially coming soon.

• ICYMI Weekly Airdrop Updates Recap by Earndrop.

• ICYMI ink Airdrop Strategy by Earndrop.

• Airdrop Updates by Alpha Drops.

• Cytonic Airdrop Strategy by Atoms Research.

Finance News

• Bitcoin surpasses Saudi Aramco's market cap to become the 7th largest asset in the world.

• Coincheck $CNCK crypto exchange approved by US SEC to list on Nasdaq.

• Hut 8 $HUT, Bitfarms $BITF, & HIVE Digital Technologies $HIVE report Q3 2024 earnings.

• Stronghold Digital Mining $SDIG to settle class action lawsuit for $4.75m & 25 Bitcoin.

• ⭐️ US President-elect Trump appoints Elon Musk & Vivek Ramaswamy to lead Department of Government Efficiency (DOGE).

• US Inflation rises to 2.6% in October 202; up from September’s 2.4%.

• China's Trade Surplus to reach $1 Trillion, a new record.

• Italy reduces proposed crypto tax limit to 28%; initially proposed 42%.

• AMD $AMD to reduce global workforce by 4% (~1k employees); cites focus future growth opportunities.

Security and Exploits

• Bubblemaps discovers ~$67m Gigachad $GIGA cluster.

• DeltaPrime messages attacker following ~$4.75m exploit.

• Microsoft releases November 2024 security updates for Windows.

• Apple macOS extended file attributes abused to hide malicious code.

• North Korean threat actors target Apple macOS systems with apps using Google's Flutter framework.

• ~59k D-Link Modems vulnerable to critical security flaws.

Token Unlocks

• EigenLayer $EIGEN / ~$3m / NOV 12th
• Render $RENDER / ~$3m / NOV 13th
• Ethena $ENA / ~$8m / NOV 13th
• Axie Infinity $AXS / ~$4m / NOV 13th
• Cyber $CYBER / ~$4m / NOV 13th
• Polyhedra $ZKJ / ~$20m / NOV 14th
• Moonwell $WELL / ~$3m / NOV 14th
• Cyber $CYBER / ~$8m / NOV 14th
• Starknet $STRK / ~$31m / NOV 15th
• Nervos $CKB / ~$17m / NOV 16th
• Cardano $ADA / ~$11m / NOV 16th
• Arbitrum $ARB / ~$57m / NOV 16th
Sourced from Tokenomist

Funding

• ⭐️ 0G Labs raises $40m in Seed funding

• Notabene raises $14.5m in Series B funding led by DRW Venture Capital.

• Mocaverse raises $10m in funding led by OKX Ventures, HongShan, & CMCC Global.

• BetHog raises $6.5m in Seed funding led by 6th Man Ventures.

• Eidon AI raises $3.5m in Seed funding led by Framework Ventures.

• Tranched raises $3.4m in Pre-Seed funding led by Speedinvest.

• Corn raises an undisclosed amount in Strategic funding from OKX Ventures.

• Zerion raises an undisclosed amount in Angel funding.

• MiniTon raises an undisclosed amount in Seed funding.

The Degen Farmer