OKX Axes Privacy Tokens

📉 OKX to Delist Privacy Tokens

OKX's Decision on Privacy Tokens: OKX, a cryptocurrency exchange, plans to delist several privacy tokens like Monero by January 2024, based on feedback and guidelines.

Impact on Trading Volumes: This move reflects the challenge of balancing user privacy with regulatory compliance, despite the significant trading volume of these tokens.

User Withdrawal Advisory: Users are advised to withdraw their privacy tokens before the suspension of withdrawals in March 2024. Read More.

️ On today's Top Picks:

  1. ⚖️ US judges rules against Terraform Labs and Do Kwon.
  2. ⛏️ Celsius Network's second bankruptcy plan approved.
  3. 📉 Donald Trump allegedly sells ~$2.4M of Ethereum.
  4. 🔓 dYdX $DYDX 33.33M token unlock worth ~$106M.

Read time: ⏰ 3-9 minutes


Crypto News


• ⭐️ US judges rules Terraform Labs and Do Kwon offered and sold unregistered securities.

• ⭐️ Celsius Network's second bankruptcy plan approved which would result in the creation of a Bitcoin mining company.

Avalanche Foundation announces it will buy meme coins using its Culture Catalyst program.

India's Ministry of Finance issues compliance notices to 9 cryptocurrency exchanges.

Javier Milei, President of Argentina; proposes bill requiring citizens declare cryptocurrency holdings.

• ⭐️ Donald Trump allegedly sells ~$2.4M of Ethereum.

Alpha


Parallel Network introduces its omni-chain L2 powered by Arbitrum.

Namada Shielded Expedition registration closing soon.

Mantle launches free Mantle Cowboy NFT mint on Element.

DeBank unveils 10000 Trusts Web3 Badge.

Slingshot teases Slingshot 2.0.

Jumper releases Jumper 2023 Wrapped NFT showcasing your stats.

Orbiter Finance launches O-Point incentives with Layer 220.

Pheasant Network launches New Year 2024 campaign on Galxe.

Airdrops


11 $0 cost airdrop strategies by Alpha Drops.

Sleepless $AI airdrop strategy by Airdrop Official.

veSync airdrop Strategy by Crypto Snooper.

Finance News


Ark Invest sells more Coinbase $COIN shares worth ~$27.58M

Ark Invest sells entire Grayscale Bitcoin Trust $GBTC holdings worth ~$200M.

Ark Invest buys ~$92M of ProShares Bitcoin Strategy ETF $BITO.

Marathon Digital $MARA, a Bitcoin mining company; was the most traded US stock.

New York Times sues Microsoft $MSFT and OpenAI, accusing them of training AI using their articles without permission.

Apple $AAPL sells latest Apple Watches again after import ban is temporarily paused by appeal court.

Boeing $BA urges inspection of 737 Max planes for possible loose bolt.

Security and Exploits


Levana exploited for $1.1M due to congestion attack on the Osmosis chain.

Catalyx cryptocurrency exchange halts withdrawals and suspends trading following security breach.

Token Unlocks


• X2Y2 / 37.5M $X2Y2 / ~$504K / 29 DEC
• Optimism / 24.16M $OP / ~$87.7M / 29 DEC
• Sui / 4M $SUI / ~$3.2M / 30 DEC
⭐️ • dYdX / 33.33M $DYDX / ~$106M / 31 DEC
• Acala / 27.43M $ACA / ~$2.79M / 31 DEC


Funding


Cumulus Encrypted Storage System (CESS), a CDN + Storage Layer1 Network; raises $8M in Series A funding.

BRC20(.)com, a BRC20 infrastructure project; raises $1.5M in funding led by UTXO Management.

The Degen Farmer

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PROTOCOLASSETSAPY
Solv Funds logoSolv Funds (Arbitrum)USDT119.84%
Curve DEX logoCurve DEX (Ethereum)IDAIIUSDCIUSDT75.53%
Beefy logoBeefy (Ethereum)MKUSDUSDC58.03%
Idle logoIdle (Optimism)USDT40.30%
Aura logoAura (Arbitrum)DOLAUSDC39.25%
Abracadabra logoAbracadabra (Arbitrum)MIMUSDCUSDT34.04%
NAVI Protocol logoNAVI Protocol (Sui)USDT30.87%
Vesper logoVesper (Ethereum)FRAX28.61%
. . .

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. . .

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

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