Headlines
Ethereum co-founder Jeffrey Wilcke deposited 20,000 ETH worth $72.5 million to Kraken
According to Spot On Chain monitoring, about thirty minutes ago, Ethereum co-founder Jeffrey Wilcke deposited 20,000 ETH to Kraken, worth US$72.5 million. This was his fourth transfer of ETH to CEX in 2024. The total amount has reached 44,300 ETH, worth US$148 million, with an average price of US$3,342.
Bloomberg analyst: Altcoin ETF applications are expected to triple in the next two months
Bloomberg ETF analyst Eric Balchunas said that unless there is a major crash, the altcoin-related ETFs awaiting approval will make cryptocurrencies pretty crazy.
He said that in the next 12 months, there are 14 altcoin-related ETFs awaiting approval from the US SEC, including funds that provide SOL, XRP, HBAR, LTC, asset baskets, and BTC and ETH exposure.
Additionally, Balchunas expects altcoin ETF applications to triple in the next two months.
Scroll Co-founder: Admits that the airdrop design is poor and will make up for it through Session 2
In response to the accusation of Movement co-founder Rushi Manche, Scroll co-founder Sandy published a post today to make several responses. The key information includes:
1. Acknowledge that the airdrop design was poor and hurt some of the community, which will be compensated through Session 2;
2. The team wallet did not claim the airdrop. In order to avoid confusion in the future, the points of the relevant wallets will be removed;
3. Never forced team members to subscribe to tokens at the last round of valuation;
4. The team is being reorganized to adapt to the next stage of development. Some team members will leave, and we believe they will shine in their new positions.
Earlier news, Movement Labs co-founder Rushi Manche accused the Scroll team of having many problems and damaging the reputation of the EVM L2 ecosystem.
SlowMist: The JUMPFUN project is suspected of suspicious behavior, please pay attention to the risks
SlowMist Yuxian Yu X said in a post: According to the feedback from the SlowMist Zone Intelligence Officer, the JUMPFUN project (@jumpdotfun) is suspected of suspicious behavior. After analyzing the project contract and transaction records, we found the following suspicious situations:
The JUMPBonusPool contract was originally designed with two core mechanisms:
1. Bonus pool mechanism: The last 5 users who participated in the donation can share the accumulated ETH bonus equally
2. Time extension mechanism: Every time a user makes a donation, the game time will be automatically extended by 30 seconds
Yesterday, the project owner used the owner permission to modify the JUMPBonusPool contract pointed to by the JUMPTreasury contract twice through the setEmergencyBonusPool function.
This modification makes it impossible for users to participate in the jackpot competition of the JUMPBonusPool contract that has accumulated bonuses through normal donations. It is worth noting that the newly replaced JUMPBonusPool contract has not been open sourced.
These actions are seriously inconsistent with the activity rules previously disclosed by the project owner, and there are obvious violations. All participating users are reminded to pay attention to the risks and participate with caution.
Industry News
Rushi Manche, co-founder of Movement Labs, published a post on X accusing the Scroll team of having many problems, including:
1. Enjoying the communitys years of hard work, but launching predatory incentive plans, and ultimately passing the burden on to ordinary investors;
2. The team had been selling secondary market share for several years before the launch;
3. The rest of the team was forced to buy in at a $1.8 billion valuation, while senior leadership was selling at the same time;
4. The Scroll team directly distributes the airdrop to their own wallets and then cashes out;
5. Designed the most predatory token economic model with the goal of harming every community member.
Manche pointed out that the Scroll team’s actions have damaged the reputation of the EVM L2 ecosystem and called on it to make improvements to avoid “making it look like a complete scam.”
Cosine: DEXX attackers have exchanged various tokens for SOL, but have not transferred them out
SlowMist Cosine disclosed on the X platform that early this morning, the DEXX attacker converted another batch of various value tokens on the Solana address into SOL, and has not yet continued to transfer them out. In addition, the attackers EVM (ETH/BSC/BASE) addresses began to show abnormal movement tests, but there has not been a large-scale abnormal movement.
Cosine: DEXX attackers started testing the EVM chain token exchange ETH operation half an hour ago
SlowMist Cosine disclosed on the X platform that the DEXX attacker started testing the EVM chains token exchange ETH operation half an hour ago.
Project News
Binance launches BNSOL super staking event, users can receive PYTH airdrop rewards
According to the official announcement, Binance will launch the BNSOL Super Staking Event from 00:00 (UTC) on December 2, 2024 to 23:59 (UTC) on December 16, 2024. Users who hold BNSOL or stake SOL to BNSOL can receive PYTHAPR boost airdrop rewards. The rewards will be available for collection at approximately 05:30 (UTC) every day. Users can visit the SOL staking page and click [Claim Rewards] to collect them. After the event ends, the rewards will be automatically airdropped to the users spot wallet.
According to on-chain analyst @ai_ 9684 xtpa, Wintermute may become the market maker of CHILLGUY.
In the past 18 hours, Wintermute has received a total of 9.68 million CHILLGUY from Bybit and wallet MfDuW...MGVWa, worth US$5.47 million; and yesterday afternoon, Binance just announced the launch of the token futures.
Currently, Wintermute still holds $2.31 million worth of CHILLGUY, ranking 20th among Memecoin holdings.
Arkham published a post on X stating that Arkham’s AI model ULTRA predicts that the wallet holding ONDO worth more than $300 million belongs to Pantera Capital, with a profit of more than $280 million.
Aptos Ecosystem Lending Protocol Echelon to Launch Governance Tokens in a Few Months
Aptos Ecosystem Lending Protocol Echelon published a document outlining the future roadmap of the project. Echelon stated that it will advance the following work in the coming months:
1. Drive TVL to over $300 million;
2. Double the number of collateral assets supported by the protocol;
3. Launch Movement and Inita mainnet;
4. Expand the use cases of RWA, LST and BTC in the protocol;
5. Launch the protocol governance token.
Investment and Financing
Bleap Completes $2.3 Million Seed Round Led by Ethereal Ventures
Bleap, a blockchain bank account founded by former Revolut employees Joao Alves and Guilherme Gomes, has completed a $2.3 million seed round led by Ethereal Ventures. Other participants include Maven 11, Alliance DAO, Robot Ventures and Credibly Neutral, as well as investors from Revolut, Phantom, OKX, EigenLayer and Consensys. After this round of financing, the companys valuation reached $10 million.
It is reported that Bleap is a stablecoin payment application that supports self-custody. Users can make stablecoin payments through bound Mastercard cards, enjoy zero conversion fees and up to 2% cashback. The application is based on the Ethereum Layer 2 network Arbitrum, supports stablecoins such as USDC and USDT, and is scheduled to be fully launched in Q1 2025. Bleap provides decentralized finance (DeFi) income and fee-free global transfer services by combining blockchain technology with banking services. In addition, Bleap is registering as a Polish virtual asset service provider (VASP) and plans to launch its own token in 2026.
Binance Labs announces investment in Astherus
According to official news, Binance Labs announced an investment in Astherus. The specific amount has not been disclosed yet. It is reported that Astherus is a multi-asset liquidity center dedicated to maximizing the actual returns of crypto assets and is also one of the first projects incubated by Binance Labs in the seventh season.
Character Voice
Telegram founder Pavel Durov posted on his personal TG channel: Major is one of my favorite success stories in the Telegram ecosystem. Launched by 27-year-old entrepreneur Roxman, Major has earned more than $10 million in revenue and 70 million users in just 5 months.
I like Major because it was quick to adopt the new possibilities of the mini-program platform and add features that feel like they belong naturally on Telegram. I also like Roxman, whom I have been following since before he launched Fabrika and Major.
Roxman generously donated 1% of MAJOR tokens to me, which I will not sell for the next 10 years. I heard that the Major team is preparing many innovations (such as username NFT rentals and digital IDs). Tomorrow is a big day for them: MAJOR tokens will be listed on six major exchanges. Wish them good luck.
