"OpenSea Foundation" registered in Cayman Islands

️ On today's Top Picks:

Crypto News

• ⭐️ OpenSea registers OpenSea Foundation in the Cayman Islands; OpenSea v2 & token potentially coming soon.

• ⭐️ Justin Sun-affiliated BiT Global sues Coinbase over Wrapped Bitcoin $WBTC delisting; claims it risks suffering more than $1b losses.

• Bitcoin Developer Antoine Riard discloses two new Bitcoin Lightning bugs; bugs allow an attacker to steal $BTC from Lightning nodes.

• Eigen Foundation pledges 1% of $EIGEN supply to Protocol Guild; Aligned Foundation pledges 1.5% of $ALIGNED supply to Protocol Guild.

• Andreas Kohl crashes ~70% of Dogecoin’s $DOGE nodes using DogeReaper exploit; vulnerability was patched but nodes failed to update.

• Tether-linked Cantor Fitzgerald fined $6.75m by US SEC for misleading statements to investors.

• Bit Trade, the local operator of the Kraken in Australia, fined $5m by the Federal Court of Australia for compliance failure.

• Electric Capital releases 6th annual Developer Report; analyzes 902m code commits across 1.7m repos.

Alpha

• ⭐️ Fuel CEO Nick Dodson posts camera with a flash emoji on X hinting of a snapshot; Phase 2 Points ends January 15th.

• Sonic (formerly Fantom) to launch Public Mainnet next week.

• Babylon Bitcoin Staking Cap-3 ends in ~500 blocks; Babylóóng Odyssey campaign ongoing.

• ⭐️ Corn launches Corn Maizenet (Mainnet) & Kernels Season 2; $CORN airdrop in Maizenet Phase 2.

• Espresso Systems launches Espresso x RARI quest on Superboard; earn a commemorative Espresso Machine NFT.

• Namada Governance proposes Phase 2, activating staking rewards & public goods funding; $NAM transferability in Phase 5.

• Celestine Sloths now led by PacoLeGordo & new Sloth council; Zaki Manian relinquishes full control.

• Arkham snapshots Season 1 of Arkham Exchange Points, participants to receive 50% bonus; Season 2 begins.

• Avantis Season 1 of XP ends, Season 2 begins; TGE & airdrop likely coming after end of Season 2.

• Level launches Staked lvlUSD $slvlUSD public beta; no XP boost for $slvlUSD, only higher yields.

• Tabi unveils Roadmap through 2026; Mainnet launch set for Q1 2025 & Mainnet v2 launch set for Q3 2025.

• DeBank launches SynFutures $F Airdrop Hunter Web3 Badge; users who received the airdrop are eligible.

• Octant launches Epoch 6 Snapshot voting period from December 12th to December 17th; 47 projects vying for 18 spots.

• List of upcoming TGEs, listings, & releases by ICO Analytics.

Airdrops

• Weekly Airdrop Recap by Earndrop.

• Kana Labs Airdrop Strategy by Earndrop.

• Odos launches $ODOS airdrop checker; to launch $ODOS airdrop claim on December 20th.

• Usual updates $USUAL airdrop checker; now includes previously missing protocols.

• Aligned Layer launches Third Wave of $ALIGNED airdrop, Galxe participants eligible; previous waves still ongoing.

• Elys Network launches new $ELYS airdrop checker; airdrop allocation increased from 5% to 14% of total token supply.

• Gunzilla Games, creator of Off the Grid game, launches GUNZ Foundation; $GUN token & GUNZ mainnet coming soon.

• ICYMI Mitosis Airdrop Strategy by Earndrop.

Finance News

• US Representative French Hill to lead the House Financial Services Committee; priority is to establish digital asset regulatory framework.

• Japanese Lawmaker Satoshi Hamada urges government to consider launching a national Bitcoin reserve.

• Texas State Representative Giovanni Capriglione files bill to establish strategic Bitcoin reserve for the state.

• ⭐️ MicroStrategy $MSTR to be added to Nasdaq 100 Index & Invesco $QQQ ETF; first Bitcoin-centric company in Nasdaq-100 Index.

• RIOT Platforms $RIOT buys ~$510m of Bitcoin with proceeds from recent $525m raise; holds ~$1.68b of BTC.

• CleanSpark $CLSK to raise $500m with $100m option through convertible bonds; has not indicated plans to use proceeds to buy Bitcoin.

• Sol Strategies (formerly Cypherpunk Holdings) plans Nasdaq listing; currently trading on Canadian Securities Exchange.

• Bank of Japan to keep interest rates steady next week; policymakers to spend more time examining overseas risk.

Security and Exploits

• Gate[.]io refutes hack rumors; rumor originated from NaniXBT, who admitted “zero checking” on the source.

• Byte Federal suffers data breach; personal information including, IDs, social security numbers, & more potentially stolen.

• Apple patches encryption vulnerability in its Passwords app with release of iOS 18.2.

• Microsoft Recall feature in Windows Insider Program captures sensitive information despite newly added filter settings.

Token Unlocks

• Starknet $STRK / ~$42m / DEC 15
• Sei $SEI / ~$33m / DEC 15
• Cardano $ADA / ~$21m / DEC 16
• Arbitrum $ARB / ~$96m / DEC 16
• Echelon Prime $PRIME / ~$11m / DEC 17
• ApeCoin $APE / ~$25m / DEC 17
Sourced from Tokenomist

Funding

• Avalanche raises $250m in private locked-token sale led by Galaxy Digital, Dragonfly, & ParaFi Capital.

• Waterfall Network raises $11.6m in funding.

• MegaETH raises $10m in Community funding on Echo.

• Fantasy[.]top raises $4.25m in Seed funding led by Dragonfly.

• AgriDex raises $4m in Strategic funding led by Portal Ventures.

• Superform Labs raises $3m in Strategic funding led by VanEck.

• Uranium Digital raises $1.7m in Pre-Seed funding led by Portal Ventures.

• Zodia Custody raises undisclosed amount in Strategic funding from Emirates NBD.

• Nile raises undisclosed amount in funding from Consensys.

• Privasea raises undisclosed amount in Strategic funding from Lunar Labs Capital.

• GEODNET raises undisclosed amount in funding from ParaFi.