216993
Dima 🎩🐹
@chevapchevapovic #216993
Crypto enthusiast passionate about technologies at the forefront of development. Happy to have same people around me
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ITAP rainy day in Belgrade
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Ⓜ️erry Christmas 🎉 🎉 , Let's go Ⓜ️oxie 🚀 🚀 🚀
Tram going on 2nd line. Belgrade, 90s.
According to a Fortune report published on Dec. 18, the TRON founder’s team allegedly went to Bullish, a crypto exchange firm that bought the media outlet for $75 million last year, to demand the removal of an article about Justin Sun eating Maurizio Cattelan’s $6.2 million dollar banana artwork.
The article was published in late November with the title “I Watched Justin Sun Eat the World’s Most Expensive Banana. I Don’t Get It,” which explained the context behind the act itself, the banana’s significance and Sun’s legal troubles with the the U.S. Securities and Exchange Commission.
According to inside sources Fortune spoke with, Sun’s team disapproved of the tone of CoinDesk’s article, which resulted in Bullish demanding CoinDesk remove the article from its website. This request was met with backlash from the CoinDesk editorial staff who disagreed with the decision and asked for the article to be restored with an editor’s note at a meeting last week.
The article was published in late November with the title “I Watched Justin Sun Eat the World’s Most Expensive Banana. I Don’t Get It,” which explained the context behind the act itself, the banana’s significance and Sun’s legal troubles with the the U.S. Securities and Exchange Commission.
According to inside sources Fortune spoke with, Sun’s team disapproved of the tone of CoinDesk’s article, which resulted in Bullish demanding CoinDesk remove the article from its website. This request was met with backlash from the CoinDesk editorial staff who disagreed with the decision and asked for the article to be restored with an editor’s note at a meeting last week.
Chainlink token fell to $27, marking a 13% decline from its highest level this year and bringing its market cap to over $17 billion.
The retreat mirrored losses seen across other popular cryptocurrencies. Bitcoin (BTC) dropped to $105,000 from its weekly high of $108,000. Similarly, Ethereum, Ripple, and Solana were down by over 3%.
Still, one whale continued to accumulate LINK tokens, betting on a potential recovery. According to LookOnChain, the whale withdrew 65,000 LINK tokens worth $1.8 million on December 18. This followed a trend that began four days earlier, bringing the whale’s total accumulation to over $17.3 million.
The accumulation came shortly after Donald Trump’s World Liberty Financial acquired LINK tokens worth over $2 million. The upcoming Decentralized Finance platform has selected Chainlink as its oracle provider.
The retreat mirrored losses seen across other popular cryptocurrencies. Bitcoin (BTC) dropped to $105,000 from its weekly high of $108,000. Similarly, Ethereum, Ripple, and Solana were down by over 3%.
Still, one whale continued to accumulate LINK tokens, betting on a potential recovery. According to LookOnChain, the whale withdrew 65,000 LINK tokens worth $1.8 million on December 18. This followed a trend that began four days earlier, bringing the whale’s total accumulation to over $17.3 million.
The accumulation came shortly after Donald Trump’s World Liberty Financial acquired LINK tokens worth over $2 million. The upcoming Decentralized Finance platform has selected Chainlink as its oracle provider.
The Avalanche Foundation announced its ‘biggest network upgrade’ in the form of Avalanche9000 mainnet.
On Dec. 17, the Avalanche9000 mainnet goes live with a major upgrade dubbed Etna, which serves to eliminate issues faced by developers on the Avalanche network, including high staking requirements and high validator costs. The Etna upgrade fixes these issues by enabling layer1 blockchains to run independently from the primary network.
This means that validators are no longer required to validate the primary network on Avalanche so these chains can have their own validator set. This major change simplifies the validation process for emerging layer1 projects and reduces operational and upfront fees significantly.
In the old subnet model, each new blockchain launched on Avalanche has to receive validation on the primary network. This step is accompanied by an upfront stake fee of at least 2000 AVAX tokens or worth around $100,000, as well as the hardware required to validate these chains.
On Dec. 17, the Avalanche9000 mainnet goes live with a major upgrade dubbed Etna, which serves to eliminate issues faced by developers on the Avalanche network, including high staking requirements and high validator costs. The Etna upgrade fixes these issues by enabling layer1 blockchains to run independently from the primary network.
This means that validators are no longer required to validate the primary network on Avalanche so these chains can have their own validator set. This major change simplifies the validation process for emerging layer1 projects and reduces operational and upfront fees significantly.
In the old subnet model, each new blockchain launched on Avalanche has to receive validation on the primary network. This step is accompanied by an upfront stake fee of at least 2000 AVAX tokens or worth around $100,000, as well as the hardware required to validate these chains.
Minted my $SOCIAL Passport
Mark Longo’s legal team sent cease and desist letters to Binance after it added the PNUT meme coin to its listings. Longo’s lawyers alleged that Binance is infringing on intellectual property rights via the token.
The original owner of Peanut the Squirrel, Mark Longo, announced in a recent post that he plans to issue more cease and desist letters on the grounds of “unauthorized use of my intellectual property” after the one his lawyers sent to Binance.
Around the time when Longo announced he was taking legal action against Binance, Longo’s own token JUSTICE (For Pnut and Fred) surged over 200% according to DEX Screener. At the time of writing, Longo’s JUSTICE token or JFP has gone up by 32% in the past 24 hours. It currently holds a market cap of $361,000 and a liquidity of $108,000.
The original owner of Peanut the Squirrel, Mark Longo, announced in a recent post that he plans to issue more cease and desist letters on the grounds of “unauthorized use of my intellectual property” after the one his lawyers sent to Binance.
Around the time when Longo announced he was taking legal action against Binance, Longo’s own token JUSTICE (For Pnut and Fred) surged over 200% according to DEX Screener. At the time of writing, Longo’s JUSTICE token or JFP has gone up by 32% in the past 24 hours. It currently holds a market cap of $361,000 and a liquidity of $108,000.
Three coins have risen to the top of the leaderboard: The Dogeson, a playful nod to Elon Musk, his son and Dogecoin; Shiro Neko, a cat-themed token tied to gaming and NFTs; and Orbit, a space-inspired coin.
These tokens topped the gainers’ charts on Saturday night. Here’s a closer look at each.
The Dogeson, a Doge-inspired coin named after an edited photo Elon Musk posted of himself and his son, X Æ A-12, is up more than 90% at last check Saturday.
With a market cap reaching $146.6 million, the token is built on the Ethereum blockchain and has garnered attention for its narrative of a “space-bound Doge” — meshing humor with a decentralized finance (DeFi) theme.
Details about The Dogeson’s founding team or developers were not immediately clear.
These tokens topped the gainers’ charts on Saturday night. Here’s a closer look at each.
The Dogeson, a Doge-inspired coin named after an edited photo Elon Musk posted of himself and his son, X Æ A-12, is up more than 90% at last check Saturday.
With a market cap reaching $146.6 million, the token is built on the Ethereum blockchain and has garnered attention for its narrative of a “space-bound Doge” — meshing humor with a decentralized finance (DeFi) theme.
Details about The Dogeson’s founding team or developers were not immediately clear.
Dave Sandor, former executive director at Goldman Sachs and Morgan Stanley for the Asia Pacific region, announced his new role as co-founder at OpenZK Network, a solution designed for ZK-Rollup scaling.
OpenZK announced Dave Sandor would be joining as co-founder to spearhead advancements in ZK-Rollup scaling solutions on X. Sandor has worked as an executive director at Goldman Sachs and Morgan Stanley to focus more on product structure, integrating institutional finance into potential decentralized finance. At OpenZK Network, Sandor will lead the development of next-generation Layer 2 solutions, focusing on improving the ecosystem’s reward mechanism and user experience.
OpenZK has become the first native to support Ethereum staking, re-staking, or liquidity, as well as stablecoin staking L2 scaling solution. Real-world assets, stablecoins, and staking are services that cater to these fast-growing segments in the DeFi.
OpenZK announced Dave Sandor would be joining as co-founder to spearhead advancements in ZK-Rollup scaling solutions on X. Sandor has worked as an executive director at Goldman Sachs and Morgan Stanley to focus more on product structure, integrating institutional finance into potential decentralized finance. At OpenZK Network, Sandor will lead the development of next-generation Layer 2 solutions, focusing on improving the ecosystem’s reward mechanism and user experience.
OpenZK has become the first native to support Ethereum staking, re-staking, or liquidity, as well as stablecoin staking L2 scaling solution. Real-world assets, stablecoins, and staking are services that cater to these fast-growing segments in the DeFi.
A recent Kraken survey shows that attitudes towards crypto are changing, with 55% of Americans believing that crypto assets have real-world uses and 73% plan to reinvest in 2025.
A survey conducted by the major crypto exchange Kraken on 2,537 Americans revealed that 55%, whether they own crypto or not, believe that crypto has real-world uses. However, around 29% are still uncertain about its future outlook.
Despite this uncertainty, around 73% of respondents who currently hold crypto admitted that they plan to continue investing in digital assets as they enter the new year of 2025. As many as 43% view crypto as being “more secure than the traditional financial system,” compared to the other 30% who disagree. While 52% see it as a promising investment for the long-term.
The survey explores how much “crypto myths” still shape people’s perceptions towards investing in crypto and whether attitudes have shifted.
A survey conducted by the major crypto exchange Kraken on 2,537 Americans revealed that 55%, whether they own crypto or not, believe that crypto has real-world uses. However, around 29% are still uncertain about its future outlook.
Despite this uncertainty, around 73% of respondents who currently hold crypto admitted that they plan to continue investing in digital assets as they enter the new year of 2025. As many as 43% view crypto as being “more secure than the traditional financial system,” compared to the other 30% who disagree. While 52% see it as a promising investment for the long-term.
The survey explores how much “crypto myths” still shape people’s perceptions towards investing in crypto and whether attitudes have shifted.
Pudgy Penguins, an Ethereum-based NFT collection, has surpassed Bitcoin’s price on OpenSea.
The collection’s most expensive Penguin is now for sale at 50.3093 ETH or $197,508.78 on on the NFT marketplace OpenSea. This makes it one of the priciest Picture-for-Profile NFT projects. At present, the cheapest Pudgy Penguin is priced at 27.65 ETH or $108,460, at Ethereum’s price of $3,921.61.
Bitcoin, on the other hand, is currently hovering around $101,445, making some Pudgy Penguin NFT worth more than the world’s largest cryptocurrency. In the last seven days, Pudgy Penguins has grabbed 21.88% market dominance, dethroning Bored Ape Yacht Club, whose dominance sits at 16.31%, as per Coingecko.
Much of the interest surrounding Pudgy Penguins has come from the recent announcement that the Pudgy Penguins ecosystem will launch the Pengu coin ($PENGU) coming on Solana this month.
The collection’s most expensive Penguin is now for sale at 50.3093 ETH or $197,508.78 on on the NFT marketplace OpenSea. This makes it one of the priciest Picture-for-Profile NFT projects. At present, the cheapest Pudgy Penguin is priced at 27.65 ETH or $108,460, at Ethereum’s price of $3,921.61.
Bitcoin, on the other hand, is currently hovering around $101,445, making some Pudgy Penguin NFT worth more than the world’s largest cryptocurrency. In the last seven days, Pudgy Penguins has grabbed 21.88% market dominance, dethroning Bored Ape Yacht Club, whose dominance sits at 16.31%, as per Coingecko.
Much of the interest surrounding Pudgy Penguins has come from the recent announcement that the Pudgy Penguins ecosystem will launch the Pengu coin ($PENGU) coming on Solana this month.
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Bitcoin started its bullish momentum as Donald Trump won the U.S. presidential elections last month — rising to an all-time high of $103,900 on Dec. 5. As profit-taking kicked in, the flagship cryptocurrency fell below the $100,000 mark again.
Michaël van de Poppe, veteran crypto investor and trader, expects altcoins “to shine again” as Bitcoin faces correction.
He pointed out that Bitcoin’s current price movements look similar to December 2023 as the global crypto market cap rose from $1.7 trillion to $2.9 trillion within three months.
Ethereum, the leading altcoin, reached a local high of $4,070 in mid-March. ETH is trading at $3,700 at the time of writing. Another crypto analyst, known as Milky Bull with over 81,000 followers on X, expects the incoming “altseason” — a time when altcoins outperform Bitcoin — to last for three months.
Michaël van de Poppe, veteran crypto investor and trader, expects altcoins “to shine again” as Bitcoin faces correction.
He pointed out that Bitcoin’s current price movements look similar to December 2023 as the global crypto market cap rose from $1.7 trillion to $2.9 trillion within three months.
Ethereum, the leading altcoin, reached a local high of $4,070 in mid-March. ETH is trading at $3,700 at the time of writing. Another crypto analyst, known as Milky Bull with over 81,000 followers on X, expects the incoming “altseason” — a time when altcoins outperform Bitcoin — to last for three months.
Major crypto exchanges Binance, Upbit and Bithumb will launch trading support for Magic Eden, the Solana-based native token for the NFT market place of the same name. The token is set to be listed on Dec. 10.
In a recent notice, Binance announced that it will list Magic Eden’s native token ME on its exchange. Trading support and withdrawals for ME will open on Dec. 10 at 15:00 UTC. Binance will provide trading support for the following trading pairs: ME/BTC, ME/USDT, ME/FDUSD, and ME/TRY.
Users will be able to start depositing ME in preparation for the launch. However, due to the higher than normal risk posed by Magic Eden’s relatively new token status, Binance informed users that it will be adding a seed tag to ME.
This means that users will need to take a quiz about the Binance Spot and Binance Margin platforms and accept the crypto exchange’s terms of use every 90 days to gain trading access to ME.
In a recent notice, Binance announced that it will list Magic Eden’s native token ME on its exchange. Trading support and withdrawals for ME will open on Dec. 10 at 15:00 UTC. Binance will provide trading support for the following trading pairs: ME/BTC, ME/USDT, ME/FDUSD, and ME/TRY.
Users will be able to start depositing ME in preparation for the launch. However, due to the higher than normal risk posed by Magic Eden’s relatively new token status, Binance informed users that it will be adding a seed tag to ME.
This means that users will need to take a quiz about the Binance Spot and Binance Margin platforms and accept the crypto exchange’s terms of use every 90 days to gain trading access to ME.
In a notice published on Dec. 9, Binance has rebranded its old Binance Web3 Wallet into the Binance Wallet, a new upgraded version that promises to make the web3 experience more seamless with a series of new updates that will be rolled out in several stages.
This batch of upgrades emphasizes the “Seamless” theme, designed to make the platform easier to navigate, with features meant to enhance asset management, streamline airdrop access, and elevate the overall user experience.
The revamped Binance Wallet is designed to accelerate this transition, offering intuitive tools that simplify the decentralized experience, and create a seamless way for everyone to explore and benefit from Web3,” said Winson Liu, Global Lead of Binance Wallet in a press release.
The first update is dubbed the Unified Wallet, which makes asset management easier for users by compiling various cryptocurrencies from multiple wallets and networks into one interface that supports a wide range of chains.
This batch of upgrades emphasizes the “Seamless” theme, designed to make the platform easier to navigate, with features meant to enhance asset management, streamline airdrop access, and elevate the overall user experience.
The revamped Binance Wallet is designed to accelerate this transition, offering intuitive tools that simplify the decentralized experience, and create a seamless way for everyone to explore and benefit from Web3,” said Winson Liu, Global Lead of Binance Wallet in a press release.
The first update is dubbed the Unified Wallet, which makes asset management easier for users by compiling various cryptocurrencies from multiple wallets and networks into one interface that supports a wide range of chains.
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eToro could go public as early as the second quarter of 2025, but the timing may change, according to unnamed sources familiar with the matter, Bloomberg reports.
eToro hopes to exceed the $3.5 billion valuation it achieved during a private funding round last year. Details about the IPO, including other banks that may be involved, remain under discussion.
The platform faced regulatory issues in the U.S., settling allegations in September that it had operated as an unregistered broker. As part of the settlement, eToro agreed to pay $1.5 million and restrict cryptocurrency offerings for U.S. customers.
The SEC’s complaint claimed that eToro operated as an unlicensed broker and clearing agency since at least 2020.
An IPO would occur amid rising interest in cryptocurrencies, partly driven by President-elect Donald Trump’s decision to appoint a crypto-friendly businessman to lead the U.S. Securities and Exchange Commission.
eToro hopes to exceed the $3.5 billion valuation it achieved during a private funding round last year. Details about the IPO, including other banks that may be involved, remain under discussion.
The platform faced regulatory issues in the U.S., settling allegations in September that it had operated as an unregistered broker. As part of the settlement, eToro agreed to pay $1.5 million and restrict cryptocurrency offerings for U.S. customers.
The SEC’s complaint claimed that eToro operated as an unlicensed broker and clearing agency since at least 2020.
An IPO would occur amid rising interest in cryptocurrencies, partly driven by President-elect Donald Trump’s decision to appoint a crypto-friendly businessman to lead the U.S. Securities and Exchange Commission.
DogeUni has unveiled an innovative merger between DisChain and ClassZZ. This integration is aimed at transforming Dogecoin’s utility in the decentralized finance (DeFi) world by enabling smooth cross-chain and cross-protocol activities.
DogeUni’s recent liquidity mining project encourages participation and increases liquidity inside the Cardinals protocol by offering dual incentives in CZZ and DIS tokens.
ClassZZ (CZZ) is now trading at about $0.01976 per token as of December 6, 2024, which represents a significant increase of 3.35% over the previous day and 54.7% over the previous week. ClassZZ has grown remarkably in the last few months, suggesting strong market demand. The implementation of liquidity mining and dual rewards in CZZ and DIS is anticipated to improve Dogecoin network liquidity and encourage user engagement.
DogeUni’s recent liquidity mining project encourages participation and increases liquidity inside the Cardinals protocol by offering dual incentives in CZZ and DIS tokens.
ClassZZ (CZZ) is now trading at about $0.01976 per token as of December 6, 2024, which represents a significant increase of 3.35% over the previous day and 54.7% over the previous week. ClassZZ has grown remarkably in the last few months, suggesting strong market demand. The implementation of liquidity mining and dual rewards in CZZ and DIS is anticipated to improve Dogecoin network liquidity and encourage user engagement.
Hailey Welch, commonly known as the Hawk Tuah Girl on the internet, launched her new memecoin $HAWK, on Solana on Dec. 4. The coin quickly took off, garnering a market cap of about $500 million, which then crashed to nearly $60 million, all within 20 minutes of launch. The news was further confirmed by Solana (SOL) on X.
Welch first rose to fame as the “Hawk tuah girl” after a video of her went viral, making a comical onomatopoeic sound of spitting took over social media earlier this year. With the meme, Welch soon progressed from working a minimum wage job to finding herself in an internet meme culture. Building on this viral moment, Welch launched the HAWK token.
The massive drop of 88% in the HAWK token has reignited the discussion on the high volatility of memecoins in the community. Some crypto users believe the token was initially built for rug pulling, a cryptocurrency scam in which developers withdraw liquidity or suddenly abandon a project, resulting in the token’s price plummeting.
Welch first rose to fame as the “Hawk tuah girl” after a video of her went viral, making a comical onomatopoeic sound of spitting took over social media earlier this year. With the meme, Welch soon progressed from working a minimum wage job to finding herself in an internet meme culture. Building on this viral moment, Welch launched the HAWK token.
The massive drop of 88% in the HAWK token has reignited the discussion on the high volatility of memecoins in the community. Some crypto users believe the token was initially built for rug pulling, a cryptocurrency scam in which developers withdraw liquidity or suddenly abandon a project, resulting in the token’s price plummeting.
French electronics giant Metavasio, under the brand name Thomson Computing, has launched the world’s first web3 laptop, offering digital asset storage capabilities and support for decentralized applications.
“With more than $1.7 billion stolen from centralized exchanges in 2023 and $3.8 billion in 2022, integrated cold storage will enable users to take control of their crypto custody and avoid placing their digital wealth at risk,” the press release noted.
Further, the laptop incorporates a multi-party computation (MPC) framework, a cryptographic protocol that distributes private key operations across multiple parties to eliminate single points of failure and enhance security.
The laptop also integrates the Thomson Computing Wallet alongside an underlying token ecosystem, which will incentivize users through activities such as resource sharing and engaging with decentralized applications.
“With more than $1.7 billion stolen from centralized exchanges in 2023 and $3.8 billion in 2022, integrated cold storage will enable users to take control of their crypto custody and avoid placing their digital wealth at risk,” the press release noted.
Further, the laptop incorporates a multi-party computation (MPC) framework, a cryptographic protocol that distributes private key operations across multiple parties to eliminate single points of failure and enhance security.
The laptop also integrates the Thomson Computing Wallet alongside an underlying token ecosystem, which will incentivize users through activities such as resource sharing and engaging with decentralized applications.
Data shows that the number of blocks suffering Sandwich attacks in the BNB Smart Chain reached a new record last month.
According to data provided by Dune, 35.5% of the blocks in BSC were manipulated by Sandwich attacks, abusing the blockchain’s transparency, immutability and decentralization. This set a new record high for the BSC network.
In Sandwich attacks, the malicious actor would put one order before and another right after a large transaction — sandwiching the on-chain transaction — to potentially purchase an asset at a lower price and sell before the victim makes a move.
The main intention of Sandwich attacks is to manipulate the price of a crypto asset on decentralized exchanges.
This will leave the victim with a higher purchase price due to the low liquidity on DEXs. Consequently, the prey’s transaction would be worth less.
According to data provided by Dune, 35.5% of the blocks in BSC were manipulated by Sandwich attacks, abusing the blockchain’s transparency, immutability and decentralization. This set a new record high for the BSC network.
In Sandwich attacks, the malicious actor would put one order before and another right after a large transaction — sandwiching the on-chain transaction — to potentially purchase an asset at a lower price and sell before the victim makes a move.
The main intention of Sandwich attacks is to manipulate the price of a crypto asset on decentralized exchanges.
This will leave the victim with a higher purchase price due to the low liquidity on DEXs. Consequently, the prey’s transaction would be worth less.