Cointime

Cointime

Download App
iOS & Android

Crypto Morning Briefing: Arbitrum Users Claim 42M ARB Tokens in First Hour of Airdrop

Cointime Official

Top Stories

Polygon Labs Prez Supports Coinbase: Crypto To Grow Without US

Ryan Wyatt, president at Polygon Labs, came out in support of Coinbase in the wake of the U.S. Securities and Exchange Commission’s (SEC) regulatory action on the crypto exchange. The SEC had on Wednesday issued a Wells Notice to the exchange over doubts about the listed digital assets, their staking services, among other things.

XRP Ledger Foundation Releases Updated UNL Now Boasting 36 Validators

The XRP Ledger Foundation (XRPLF) has updated its Unique Node List (UNL), increasing the number of validators trusted by the foundation from 34 to 36.

Coinbase Tries AI Assistant Chatgpt for Pre-Listing Risk Assessment of Tokens

Crypto exchange Coinbase has tested Openai’s Chatgpt as a token verification tool comparing it with its standard security procedure. In over half of the cases, the AI platform produced the same results as the manual review, but it also failed to recognize some high-risk assets.

Arbitrum Users Claim 42M ARB Tokens in First Hour of Airdrop

Over 42 million arb tokens were claimed in the first hour as Arbitrum's much-anticipated token airdrop went live on Thursday, Nansen data shows.

Terra (LUNA) Price Tumbled 8%, Terra Classic (LUNC) 4% After Do Kwon Arrest

Terra (LUNA) price tumbled 8% after reports on Terra co-founder Do Kwon’s arrest reached the Terra community. Surprisingly, Terra Classic (LUNC) price also fell steeply by 4% despite Do Kwon and the community separating after the Terra-LUNA crisis.

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $28,293.94 3.05% USD, jumped by 3.05% in the last 24 hours;

ETH’s live price is $1,816.35 USD, jumped by 4.41% in the last 24 hours;

BNB’s live price is $329.25 USD, jumped by 1.75% in the last 24 hours;

XRP's live price is $0.44 USD, jumped by 3.78% in the last 24 hours.

Fundraising News

New Crypto Presale Love Hate Inu Raises $1.5m, Less Than 48 Hours Before Stage 2 Sells Out

With less than 48 hours until the conclusion of Stage 2 of its presale, Love Hate Inu ($LHINU), the Vote-to-Earn meme coin, has successfully raised $1.5 million in funding.

Animoca Brands Backs Metaverse Construction Company LandVault

The leading metaverse development brand LandVault confirmed its latest funding round of $37M led by Animoca Brand’s The Sandbox, Softbank, and Kingsway Capital. Over the past two years, the group has innovated metaverse infrastructure with partners such as Heineken, L’Oreal, and Mastercard. LandVault aims to use the funds to continue its Web3 expansion and hubs located across three continents.

Layer 1 Developer Radix Reaches $400 Million Valuation in New Token Round

Radix, a Layer 1 blockchain network that claims to provide a "radically" better developer and user experience, said Thursday it reached a $400 million valuation in a new $10 million funding round.

Bitcoin Bitcoin $98,586.16
+0.55%
Coinbase Crypto AI LUNA Do Kwon
Comments

All Comments

Recommended for you

  • U.S. Congressman Mike Flood: Looking forward to working with the next SEC Chairman to revoke the anti-crypto banking policy SAB 121

     US House of Representatives will investigate Representative Mike Flood's recent statement: "Despite widespread opposition, SAB 121 is still operating as a regulation, even though it has never gone through the normal Administrative Procedure Act process." Flood said, "I look forward to working with the next SEC chairman to revoke SAB 121. Whether Chairman Gary Gensler resigns on his own or President Trump fulfills his promise to dismiss Gensler, the new government has an excellent opportunity to usher in a new era after Gensler's departure." He added, "It's not surprising that Gensler opposed the digital asset regulatory framework passed by the House on a bipartisan basis earlier this year. 71 Democrats and House Republicans passed this common-sense framework together. Although the Democratic-led Senate rejected it, it represented a breakthrough moment for cryptocurrency and may provide information for the work of the unified Republican government when the next Congress begins in January next year."

  • Indian billionaire Adani summoned by US SEC to explain position on bribery case

    Indian billionaire Gautam Adani and his nephew, Sahil Adani, have been subpoenaed by the US Securities and Exchange Commission (SEC) to explain allegations of paying over $250 million in bribes to win solar power contracts. According to the Press Trust of India (PTI), the subpoena has been delivered to the Adani family's residence in Ahmedabad, a city in western India, and they have been given 21 days to respond. The notice, issued on November 21 by the Eastern District Court of New York, states that if the Adani family fails to respond on time, a default judgment will be made against them.

  • U.S. Congressman: SEC Commissioner Hester Peirce may become the new acting chairman of the SEC

    US Congressman French Hill revealed at the North American Blockchain Summit (NABS) that Republican SEC Commissioner Hester Peirce is "likely" to become the new acting chair of the US Securities and Exchange Commission (SEC). He noted that current chair Gary Gensler will step down on January 20, 2025, and the Republican Party will take over the SEC, with Peirce expected to succeed him.

  • Tether spokesperson: The relationship with Cantor is purely business, and the claim that Lutnick influenced regulatory actions is pure nonsense

     a spokesperson for Tether stated: "The relationship between Tether and Cantor Fitzgerald is purely a business relationship based on managing reserves. Claims that Howard Lutnick's joining the transition team in some way implies an influence on regulatory actions are baseless."

  • Bitwise CEO warns that ETHW is not suitable for all investors and has high risks and high volatility

    Hunter Horsley, CEO of Bitwise, posted on X platform that he was happy to see capital inflows into Bitwise's Ethereum exchange-traded fund ETHW, iShares, and Fidelity this Friday. He reminded that ETHW is not a registered investment company under the U.S. Investment Company Act of 1940 and therefore is not protected by the law. ETHW is not suitable for all investors due to its high risk and volatility.

  • Musk said he liked the "WOULD" meme, and the related tokens rose 400 times in a short period of time

    Musk posted a picture on his social media platform saying he likes the "WOULD" meme. As a result, the meme coin with the same name briefly surged. According to GMGN data, the meme coin with the same name created 123 days ago surged over 400 times in a short period of time, with a current market value of 4.5 million US dollars. Reminder to users: Meme coins have no practical use cases, prices are highly volatile, and investment should be cautious.

  • Victory Securities: Funding Rates halved and fell, Bitcoin's short-term direction is not one-sided

    Zhou Lele, the Vice Chief Operating Officer of Victory Securities, analyzed that the macro and high-level negative impact risks in the cryptocurrency market have passed. The risks are now more focused on expected realization, such as the American entrepreneur Musk and the American "Efficiency Department" (DOGE) led by Ramaswamy. After media reports, the increase in Dogecoin ($DOGE) was only 5.7%, while Dogecoin rose by 83% in the week when the US election results were announced. Last week, the net inflow of off-exchange Bitcoin ETF was US$1.67 billion, and the holdings of exchange contracts and CME contracts remained high, but the funding rates halved and fell back, indicating that the direction of Bitcoin in the short term is not one-sided, and bears are also accumulating strength.

  • ECB board member Villeroy: Falling inflation allows ECB to cut interest rates

     ECB board member Villeroy de Galhau said in an interview that the decline in inflation allows the ECB to lower interest rates. In addition, the slow pace of price increases compared to average wages is also a factor in the rate cut. Villeroy de Galhau emphasized that the ECB's interest rate policy decision is independent of the Fed. Evidence shows that the ECB began to lower interest rates in early June, while the Fed lowered interest rates three months later. With the decline in inflation, we will be able to continue to lower interest rates. Currently, the market generally expects the ECB to cut interest rates by 25 basis points at the next meeting in December, but weaker data increases the possibility of a 50 basis point cut.

  • State Street warns Bitcoin craze could distract gold investors

    George Milling-Stanley, the head of gold strategy at Dominion Bank, warned that the rise of Bitcoin may mislead investors to overlook the stability of gold. He believes that Bitcoin is more like a return-driven investment, while gold provides long-term stability. He also criticized Bitcoin promoters for misleading the market by using the term "mining," and believes that gold is still a more reliable investment choice.

  • Coindesk ·

    Careers in Crypto: 5 Insights for 2024

    In an overwhelming job market, leaning into personal networks and connections are more important than ever. Emily Landon, CEO of The Crypto Recruiters, outlines what is happening in the crypto job market and how you can position yourself or your company in 2024.

    Careers in Crypto: 5 Insights for 2024

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company