Ian's Intel
Coinbase's Chief Legal Officer weighs in — iampaulgrewal
From the filing:
The SEC alleges that Coinbase, through the Coinbase Platform, as well as the Prime and Wallet applications, made available for trading certain cryptoassets that are offered and sold as investment contracts, and thus as securities. (Compl. ¶¶ 102, 114).
These include, but are not limited to, 13 crypto-assets with the trading symbols $SOL, $ADA, $MATIC, $FIL, $SAND, $AXS, $CHZ, $FLOW, $ICP, $NEAR, $VGX, $DASH, and $NEXO (together, the “CryptoAssets”). (Id. ¶ 114).
With the exception of NEXO (which is available only via Wallet), all of the Crypto-Assets are available for purchase by any person who creates an account with Coinbase. (Id. ¶ 119).
The SEC alleges that Coinbase, through the Coinbase Platform, as well as the Prime and Wallet applications, made available for trading certain cryptoassets that are offered and sold as investment contracts, and thus as securities. (Compl. ¶¶ 102, 114).
These include, but are not limited to, 13 crypto-assets with the trading symbols $SOL, $ADA, $MATIC, $FIL, $SAND, $AXS, $CHZ, $FLOW, $ICP, $NEAR, $VGX, $DASH, and $NEXO (together, the “CryptoAssets”). (Id. ¶ 114).
With the exception of NEXO (which is available only via Wallet), all of the Crypto-Assets are available for purchase by any person who creates an account with Coinbase. (Id. ¶ 119).
KuCoin CEO announces $10m airdrop in $KCS and $BTC tokens to "users who experienced longer-than-expected wait times during the withdrawal process in the past 2 days." — lyu_johnny
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Ondo Finance ($ONDO) to shift OUSG Funds into BlackRock's BUIDL — Tree News
X (formerly Twitter)
Tree News (@News_Of_Alpha) on X
ONDO: Introducing Instant, 24/7/365 Subscriptions and Redemptions; Shifting OUSG Funds into BlackRock’s BUIDL
https://t.co/elGTDj0hq2
https://t.co/elGTDj0hq2
Ethena ($ENA) token launch set for April 2nd
- Shard campaign ends on April 1st
- Any user who unstakes, unlocks, or sells all of their USDe before this date will not be eligible for the airdrop
- $ENA can be claimed on April 2nd alongside the token listing on CEXs
- The top 2,000 shard count wallets from over 90,000 eligible ENA distribution users and Pendle YT token holders will have 50% of their ENA at TGE on April 2nd. Remaining 50% vested over 6 months.
- Any unclaimed tokens or unvested tokens which are foregone by users exiting early will be re-allocated to loyal users who remain participating in Ethena
- A second season of incentives will begin immediately on 2nd April
- Users who participated in the first season who continue participating in the Ethena ecosystem will receive boosted loyalty rewards in the second season of incentives
- Total Supply: 15B ENA
- Airdrop Supply: 750M ENA (5%)
- Initial Circulating Supply: 1.425B ENA (9.5%)
- Holders of SchizoPosters & Redacted Remilio Babies will be allocated an airdrop (0.15%)
- The 2nd campaign will onboard $BTC as a collateral asset
- The campaign will run for another 5 months, until September 2nd 2024, or when USDe supply reaches $5bn, whichever comes first.
Claim Link: https://claim.ethena.fi/
Referral Link: app.ethena.fi/join/ebqa4
Full Details
Campaign & Airdrop Details
- Shard campaign ends on April 1st
- Any user who unstakes, unlocks, or sells all of their USDe before this date will not be eligible for the airdrop
- $ENA can be claimed on April 2nd alongside the token listing on CEXs
- The top 2,000 shard count wallets from over 90,000 eligible ENA distribution users and Pendle YT token holders will have 50% of their ENA at TGE on April 2nd. Remaining 50% vested over 6 months.
- Any unclaimed tokens or unvested tokens which are foregone by users exiting early will be re-allocated to loyal users who remain participating in Ethena
- A second season of incentives will begin immediately on 2nd April
- Users who participated in the first season who continue participating in the Ethena ecosystem will receive boosted loyalty rewards in the second season of incentives
Tokenomics
- Total Supply: 15B ENA
- Airdrop Supply: 750M ENA (5%)
- Initial Circulating Supply: 1.425B ENA (9.5%)
- Holders of SchizoPosters & Redacted Remilio Babies will be allocated an airdrop (0.15%)
The Sats Campaign
- The 2nd campaign will onboard $BTC as a collateral asset
- The campaign will run for another 5 months, until September 2nd 2024, or when USDe supply reaches $5bn, whichever comes first.
Claim Link: https://claim.ethena.fi/
Referral Link: app.ethena.fi/join/ebqa4
Full Details
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IBIT +4,716 BTC (~$+326.2 million) — pivfund2100
Bitcoin ETFs with combined +$247m net inflows today. — Farside
Bitcoin ETFs with combined +$247m net inflows today. — Farside
‘SEAL 911’ team of white hats formed to fight crypto hacks in real time — CoinTelegraph
Cointelegraph Magazine
‘SEAL 911’ team of white hats formed to fight crypto hacks in real time
Projects under attack can hire the SEAL team of white hat hackers to combat exploits — but only after signing on the dotted line.
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Bybit will list $DEGEN
- Deposits: Already open
- Listing: Upon meeting liquidity requirement
- Withdrawals: Opens on Mar 29, 2024, 10AM UTC
Tweet | Announcement
- Deposits: Already open
- Listing: Upon meeting liquidity requirement
- Withdrawals: Opens on Mar 29, 2024, 10AM UTC
Tweet | Announcement
X (formerly Twitter)
Bybit (@Bybit_Official) on X
📣 $DEGEN Deposits via the Base chain are open with @degentokenbase
Deposit Now: https://t.co/q2yER5xGvw
#TheCryptoArk #BybitListing
Deposit Now: https://t.co/q2yER5xGvw
#TheCryptoArk #BybitListing
Syndicate announces Degen Chain ($DEGEN), an L3 built with Aribtrum Orbit, Base for settlement, and AnyTrust for DA
Tweet
Tweet
X (formerly Twitter)
Syndicate (@syndicateio) on X
1/ Today, we’re excited to announce the launch of Degen Chain, an L3 for the @degentokenbase community built with @arbitrum Orbit, @base for settlement, and AnyTrust for DA.
The chain’s native gas token is $DEGEN, making it one of the first community tokens…
The chain’s native gas token is $DEGEN, making it one of the first community tokens…
#AirdropAlpha
INIT Liquidity Hook on Blast
- Orbit farming Hook to maximize points farming
Referral Link | Tweet
INIT Liquidity Hook on Blast
- Orbit farming Hook to maximize points farming
Referral Link | Tweet
FTX Founder SBF Sentenced in New York to 20 Years in Prison for Multi-Billion Dollar Fraud
Source: Reuters Crypto, via tier10k
Source: Reuters Crypto, via tier10k
X (formerly Twitter)
db (@tier10k) on X
FTX Founder SBF Sentenced in New York to 20 Years in Prison for Multi-Billion Dollar Fraud
Source: Reuters Crypto | Coins: SOL
Source: Reuters Crypto | Coins: SOL
Ian's Intel
FTX Founder SBF Sentenced in New York to 20 Years in Prison for Multi-Billion Dollar Fraud Source: Reuters Crypto, via tier10k
CORRECTION, SBF SENTENCED TO 25 YEARS IN PRISON, REPORTS OF 20 YEARS FALSE: BBG
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Ondo Finance's USDY to be seeded on Aptos via Thala soon — adamcader_
X (formerly Twitter)
Adam (@adamcader_) on X
.@OndoFinance's USDY liquidity being seeded in size at Thala soon.
Institutional DeFi 🤝 @Aptos
Institutional DeFi 🤝 @Aptos
If you had $100k to all-in ONE of the following memecoins until the next cycle top, which would it be?
Anonymous Poll
33%
DOGE
4%
SHIB
13%
PEPE
36%
WIF
6%
FLOKI
9%
BONK
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Uniswap DAO prepares to expand $5bn treasury beyond UNI — DLNews
DL News
Uniswap DAO prepares to expand $5bn treasury beyond UNI. Here’s why
Uniswap mulls path to diversify its $5 billion treasury and generate revenue to fund DAO activities.
Biconomy announces strategic round from Borderless, Jump Capital, Consensys, Manifold Trading, among others.
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