Movement Launches MOVE Airdrop Registration

🎉 MOVE Token and MoveDrop Launch

Expanding MOVE's Ecosystem Reach: Movement has introduced MOVE, its native token, designed to support a decentralized ecosystem. MOVE powers governance, staking, and gas fees. Staking opens post-mainnet, rewarding holders for network security contributions.

MOVE Token Supply Allocations: With a total supply of 10 billion tokens, allocations consist of 40% to ecosystem initiatives, 10% to the foundation, 17.5% to contributors, 22.5% to backers, and 10% for MoveDrop airdrop programs.

MoveDrop Registration and Options: The 1B-token MoveDrop snapshot was taken on November 23rd, 2024. Registration runs until December 2nd, 2 PM UTC. Eligible users & programs span Road to Parthenon, Battle of Olympus, Gmovers, Selected Communities, and Testnet Builders. Claim options will include Ethereum Mainnet or waiting for the Movement Network launch to receive 1.25x the allocation. Read More.

️ On today's Top Picks:

  1. 🌪️ US Court rules sanctions against Tornado Cash were unlawful.
  2. 🥀 Tether to end support for $EURT stablecoin.
  3. 🏛️ Trump Admin eyes US CFTC for digital asset regulation.
  4. 🦄 Uniswap launches $15.5m Bug Bounty.

Read time: ⏰ 3-9 minutes


Crypto News


• ⭐️ US Fifth Circuit Court rules US Treasury's sanctions against Tornado Cash $TORN were unlawful.

Peanut $PNUT pet owner Mark Longo threatens lawsuit & launches new token.

Craig Wright ordered back to UK to face contempt of court hearing.

Binance launches $BFUSD, a reward-bearing asset for Futures users.

• ⭐️ Tether to end support for $EURT stablecoin citing MiCA regulations.

Kraken to shut down its NFT marketpace to free up resources for upcoming projects.

UK FCA to publish finalized crypto industry rules in 2026.

Justin Sun joins World Liberty Financial $WLFI as an advisor.

Global Stablecoin Supply reaches new all-time high of ~$183b.

Alpha


Solv Protocol to end Solv Points System Season 1 soon.

Lombard launches $LBTC on Base; day 1 integrations with Pendle, Aerodrome, & more.

PumpBTC launches on Turtle Club; earn a 25% boost in PumpBTC Points.

Starknet $STRK launches Staking Phase 1 on Mainnet.

Reddio to launch Reddio Testnet soon.

RedStone Oracles launches RedStone Expedition: The Final Countdown.

Catalyst launches CrossCats Public Beta Mainnet.

Rango launches Rango ScoreBoost: Week Two campaign on Intract.

ethOS launches Black Friday 10% off discount for dGEN1.

Airdrops


Hyperliquid $HYPE identifies sybils; redistributes points to real users.

• ⭐️ Movement launches $MOVE MoveDrop; register by December 2nd.

Suilend launches $SEND airdrop eligibility & allocation checker.

WalletConnect launches $WCT airdrop; claim & stake.

Namada $NAM to launch Mainnet Genesis on December 3rd.

Usual snapshots $USUAL Pills Campaign today on November 27th.

Swell launches $SWELL Wavedrop 1; Wavedrop 2 on December 17th.

Binance launches Thena $THE HODLer Airdrop campaign.

Sophon to launch Mainnet on December 18th; $SOPH transferable in Q1 2025.

ICYMI Weekly Airdrop Updates by Earndrop.

ICYMI AI & DePin Airdrop Strategy by Earndrop.

Finance News


• ⭐️ Trump Administration eyes US CFTC to lead digital asset regulation.

US Department of Government Efficiency (DOGE) to audit the IRS.

SOS Limited $SOS to buy $50m of Bitcoin.

Iris Energy $IREN sells 4.1 EH/s of Bitcoin miners for $2/TH/s.

Cipher Mining $CIFR acquires 100 MW Bitcoin mining site for $4.1m.

Qualcomm $QCOM loses interest in acquiring Intel $INTC citing the deal's complexity & challenges.

Security and Exploits


ZachXBT posts investigation into threat actor Serpent who stole ~$3.5m via meme coin scams.

• ⭐️ Uniswap launches $15.5m Bug Bounty for Uniswap v4.

DEXX Crypto Exchange hacker begins to launder stolen funds.

Pump Science exploited due to private key leak.

INTERPOL Operation Serengeti arrests ~1k suspects & takedowns ~134k malicious networks.

Token Unlocks


• Cardano $ADA / ~$18m / NOV 26th
• EigenLayer $EIGEN / ~$5m / NOV 26th
• ApeX $APEX / ~$17m / NOV 27th
• Ethena $ENA / ~$9m / NOV 27th
• Yield Guild Games $YGG / ~$9m / NOV 27th
• Immutable $IMX / ~$42m / NOV 29th
• Optimism $OP / ~$75m / NOV 30th
• 1inch $1INCH / ~$42m / NOV 30th
Sourced from Tokenomist


Funding


Schuman Financial raises $7.36m in Seed funding led by RockawayX.

Avant raises $6.5m in Seed funding.

Talus raises $6m in Strategic funding led by Polychain.

BKRT raises $1.75m in Seed funding led by Foresight Ventures.

SecondSwap raises $1.2m in Seed funding.

Margarita Finance raises $1m in Pre-Seed funding.

N3MUS raises $800k in Pre-Seed funding led by Moonbeam Network.

Partior raises an undisclosed amount in Extended Series B funding from Deutsche Bank.

Igloo raises an undisclosed amount in Strategic funding from Animoca Brands.

Rarimo raises an undisclosed amount in "Vision" funding.

Lumoz raises an undisclosed amount in Strategic funding from UFLY Labs.

Vanilla Finance raises an undisclosed amount in Pre-Seed funding led by UOB Ventures, Paper Ventures, & ABCDE.

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That’s it for today’s edition! See you soon.

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