Teen Rug Pull Backfires

️ On today's Top Picks:

Crypto News

• ⭐️ Teen rug pulls $QUANT memecoin for $30k; community pumps it to ~$20m market cap.

• ⭐️ Coinbase to suspend trading for $wBTC on December 19th; WBTC team urges Coinbase to reconsider.

• Bitcoin $BTC reaches new all-time high of ~$95k.

• BlackRock Spot Bitcoin ETF $IBIT launches options trading.

• US SEC delays Franklin Templeton Bitcoin $BTC & Ethereum $ETH Crypto Index ETF decision.

• Solana $SOL introduces Verifiable Builds, a tool that proves onchain programs match their source code.

• Sky $SKY formerly Maker, launches $USDS on Solana; over 500k USDS in weekly rewards.

• DWF Labs launches $20m Meme Fund, an initiative focused on investing in crypto memecoins.

• US President-elect Trump considers creating White House crypto role.

• FTX Co-Founder Gary Wang receives no prison time after cooperating with authorities.

• Yao Qian, China's former digital currency chief, expelled for alleged corruption involving crypto.

• US Prosecutors seek Tornado Cash co-founder Roman Storm's homes citing they were paid for with ill-gotten money.

• Russia to ban crypto mining in certain territories due to power shortages & Winter season.

• Paxos to acquire Membrane Finance, an EMI-based & licensed in the EU.

• Gemini crypto exchange to launch operations in France after being granted VASP license.

• Shaquille O’Neal to settle lawsuit for $11m over Astral NFTs & Galaxy tokens.

Alpha

• Coinbase Wallet launches $USDC Rewards; earn 4.7% APY by holding USDC.

• ⭐️ Zerion launches Zerion Rewards; earn XP with Zerion Wallet.

• Zircuit $ZRC snapshot Season 2 points; Season 3 begins.

• Mezo launches Matsnet Testnet Alpha; earn mats to convert to matsnet BTC.

• Lombard launches Golden Bull campaign with ether[.]fi; earn $ETHFI rewards & 4x Lux rewards.

• Namada $NAM Mainnet rehearsal nears completion; 1 phase left to go.

• SynFutures Oyster Odyssey Points Program to end on November 25th.

• Bitfinity $BTF launches Mainnet; to launch airdrop soon.

• Rango launches Rango ScoreBoost campaign on Intract.

Airdrops

• Yala Airdrop Strategy by Earndrop.

• Morpho to enable $MORPHO transferability tomorrow at 08:00 am UTC.

• Infinex launches Ethena $ENA Season 2 rewards; $USDe holders eligible.

• Suilend unveils $SEND tokenomics; 40% allocated for airdrops.

• Pirate Nation to launch $PIRATE Season 2 rewards on November 22nd.

• Zyfi launches $ZFI Season 1 airdrop; Zyfi & Ondefy users eligible.

• MANTRA $OM to launch GenDrop claim soon for Galxe participants, NFT holders, & stakers.

• Elys Network unveils $ELYS tokenomics; 5% allocated for airdrops.

• ICYMI Sunrise Airdrop Strategy by Earndrop.

• Portal Incentivized Testnet by Atoms Research.

Finance News

• MicroStrategy $MSTR breaks into top 100 US-listed companies by market cap; surpasses $100b market cap.

• MicroStrategy $MSTR increases convertible notes offering to $2.6b due to high demand.

• Michael Saylor to meet with Microsoft $MSFT to discuss investing in Bitcoin.

• $700m proposal was oversubscribed.

• Canaan $CAN to raise $30m to expand Bitcoin mining operations in the US.

• MetaPlanet buys an additional ~$11m of Bitcoin $BTC; now holds ~$105m worth.

• BIT Mining $BTCM settles with US DOJ for $10m over alleged bribery scheme.

• Russia proposes 15% tax on crypto income from trading & mining; crypto to be classified as property.

• South Korea to push 20% crypto tax in 2025 with higher exemption limit.

• Nvidia $NVDA reports $35.1b in revenue for Q3 2024; 6% higher than expectations.

• US DOJ to ask judge to force Google $GOOG to sell its Chrome internet browser.

• Archegos hedge-fund founder Bill Hwang sentenced to 18 years in prison for fraud.

Security and Exploits

• SlowMist publishes Weekly Security Report; highlights ~$60m in reported losses.

• ZachXBT posts investigation into social engineering scammer Ronaldd (Ronald Spektor) on X.

• Phantom acquires Blowfish, an onchain security platform.

• Revoke[.]cash adds support for Morph Mainnet.

• ⭐️ Apple releases security updates for iOS, iPadOS, & macOS; patches two zero-day flaws.

• Microsoft launches Zero Day Quest hacking event with $4m in awards.

• Liminal Panda group targets South Asia & Africa telecom networks to intercept mobile data.

Token Unlocks

• Pixels $PIXEL / ~$10m / NOV 19th
• EigenLayer $EIGEN / ~$3m / NOV 19th
• Skale $SKL / ~$2m / NOV 20th
• Ethena $ENA / ~$6m / NOV 20th
• Cardano $ADA / ~$14m / NOV 21st
• Galxe $GAL / ~$1m / NOV 21st
• Space ID $ID / ~$8m / NOV 22nd
• Coin98 $C98 / ~$2m / NOV 23rd
Sourced from Tokenomist

Funding

• Monkey Tilt raises $30m in Series A funding led by Pantera Capital.

• ⭐️ Noble raises $15m in Series A funding led by Paradigm.

• Valantis Labs raises $7.5m in Pre-Seed & Seed funding led by cyber Fund, SevenX Ventures, & Kraken Ventures.

• OpenLayer raises $5m in Seed funding.

• Barter raises $3m in Seed funding led by Maven 11 Capital.

• Gabby World raises $2m in funding.

The Degen Farmer