Protocol Village: Blast, Envisioned as Layer-2 With Yield, Now Hiring
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 30-Dec. 6, with live updates throughout.Source
Soccer Star Cristiano Ronaldo Faces $1B Class Action Suit Over Binance Endorsement
The suit, filed in the District Court of the Southern District of California, alleges that Ronaldo “promoted, assisted in, and/or actively participated in the offer and sale of unregistered securities in coordination with Binance.”Source
Avalanche, Helium Lead Monthly Crypto Gains as Bullish Bitcoin Consolidation Spurs Altcoin Season Call
November brought explosive gains for altcoins as a wide range of smaller cryptocurrencies outperformed bitcoin, prompting call for an altcoin season.Source
Elon Musk-Inspired ‘Go F–K Yourself,’ Cybertruck Tokens Surge Among Microcap Punters
Tokens like GFY, TRUCK and GROK tied to Musk’s products and recent statements have popped up on Ethereum and other blockchains.Source
Grayscale Setting Up for Bitcoin ETF Race by Hiring Industry Veteran from Invesco
Crypto asset manager Grayscale has hired former Invesco Head of Americas John Hoffman to lead its distribution and partnerships team, six weeks before a decision is set to come out on whether the company will be allowed to launch a spot bitcoin [BTC] exchange-traded-fund (ETF).Source
Cryptocurrency Worth $1.5M Seized From Former Ukrainian Head of State Communications
The National Anti-Corruption Bureau of Ukraine has seized $1.5 million worth of cryptocurrency from Yuriy Shchigol, Ukraine’s former head of the State Special Communications Service, according to local news outlet RBC.Source
North Korean Hackers Lazarus Group Stolen $3B in Cryptocurrency
The North Korean hacker group stole the funds over the last six years, which was likely used to fund the country’s projects, the report said.Source
First Mover Americas: Bitcoin Hits $38.8K for First Time in Over a Year
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
KuCoin Ventures to Provide $20K Grant to TON Ecosystem
KuCoin Ventures’ funding will be allocated to five “mini-apps” on TON focusing on payments and gaming.Source
Terraform Labs, Do Kwon Fail to Have Singapore Class-Action Suit Rejected: Report
The suit was filed in September 2022 by Julian Moreno Beltran and Douglas Gan on behalf of 375 others, who claim they lost a combined $57 million.Source