Crypto Morning News: US court rules that sanctions against Tornado Cash are illegal, Movement Foundation announces MoveDrop plan

Altcoin ETFs such as SOL and XRP may have to wait until the end of 2025 for approval.

Author: Xiaobai Navigation coderworld

YesterdayMarket Dynamics

The U.S. court ruled against Tornado Cash intelligentcontractSanctions against illegal

The U.S. Court of Appeals for the Fifth Circuit overturned the lower court’s decision and determined that OFAC had sanctioned Tornado CashcontractThe three-judge panel said in its opinion that while the Treasury Department has the authority to act on “property,” Tornado Cash’s smart contracts are immutable and cannot be controlled or owned, and therefore do not constitute property under the International Emergency Economic Powers Act (IEEPA).

Coinbase Chief Legal Officer Paul Grewal said that these smart contracts must now be removed from the sanctions list and that U.S. users will once again be allowed to use the privacy-preserving protocol. The Court of Appeals has instructed the District Court for the District of Texas to grant a partial motion for summary judgment filed by plaintiff-appellant Joseph Van Loon et al.

CZ: Not trying to end the Meme craze, just encouraging more builders

CZ posted on X platform today: “I am not against Meme Coin, but Meme Coin has become a bit strange now. Let’s useBlockchainLet’s build real-world applications with this technology.”

haveCommunityThe user said that even Musk is a supporter of Meme Coin, and it is very difficult to end this craze. In response, CZ said: "I am not trying to end anything. Everyone has the right to choose what to invest or hold. It's just to encourage more builders."

WalletConnect has launched an airdrop query page, where users can apply andpledge WCT

According to official news, the WalletConnect airdrop query page has been launched, and eligible users can apply for and stake their WCT.

Movement Network 基金会公布 MoveDrop 计划,向社区空投 10% Token

Movement Network Foundation announced the MoveDrop airdrop plan, which aims to reward early users and community members of Movement. MoveDrop will allocate 1,000,000,000 $MOVE (total supply of 10%) to the community. Eligible users include: Road to Parthenon participants, Battle of Olympus winners, Gmovers, designated communities, and Movement testnet builders.

Users can visit the MoveDrop website and register until 2pm UTC on December 2, 2024. After the TGE (coming soon), you can checkXiaobai NavigationCheck MoveDrop eligibility and claim the airdrop. Failure to register on time will result in loss of MoveDrop eligibility.

用户可以选择在以太坊主网上领取$MOVE,也可以待 Movement Network 主网后(即将上线)领取$MOVE,这将产生 1.25 倍的奖励乘数。Movement Network Foundation 还表示,计划在未来的活动中分发更多$MOVE 代币。

Binance will be delisted GFT、IRIS、KEY、OAX、REN

According to the official announcement, Binance will delist GFT/USDT, IRIS/BTC, IRIS/USDT, KEY/USDT, OAX/BTC, OAX/USDT, REN/BTC, and REN/USDT trading pairs on December 10, 2024.

In addition, Binance Futures will close all positions and automatically settle KEYUSDT and RENUSDT USDⓈ-M perpetual contracts at 2024-12-03 09:00 (UTC). After the settlement is completed, the contracts will be delisted.

Binance HODLer Airdrop Launches Phase 2 Project Thena (THE)

According to the official announcement, Binance HODLer Airdrop has launched the second phase of the project Thena (THE). From 08:00 on November 6, 2024 to 07:59 on November 14, 2024 (Eastern Time), users who use BNB to subscribe to the regular and/or current products of the EarnCoin platform will receive airdrop allocations. THE HODLer Airdrop page is expected to be launched within twelve hours, and the new tokens will be distributed to users' spot 1 hour before trading begins.wallet.

Binance will list Thena (THE) at 18:00 (ET) on November 27, 2024, and open THE/BTC, THE/USDT, THE/BNB, THE/FDUSD and THE/TRY trading pairs. Seed tag trading rules apply.

Bubblemaps: The supply of JUSTICE, the new token of the owner of the internet celebrity squirrel Peanut, is highly concentrated, and 80% is suspected to be controlled by an internal team

According to Bubblemaps, the new token JUSTICE issued by Mark Longo, the owner of the internet celebrity squirrel Peanut, has a highly concentrated supply problem, and about 80% of tokens are suspected to be controlled by an internal team. Data shows that before Mark officially announced the token issuance, multiple addresses had already carried out coordinated actions to hoard token supply.

The top 45 JUSTICE token holders all have funds from the protocol or centralizedexchangehotwallet,且都在 2024 年 11 月 24 日的同一个三小时窗口内 (16:40:20 至 19:39:47) 获得资金。这一异常的资金流向模式表明,这些钱包可能由同一人或小群体控制。

Kelp DAO Launched the High Growth Vault feature to help usersSafetyGet more benefits under the premise

多链流动性质押平台 Kelp DAO 宣布推出由 Gain 提供支持的 High Growth Vault 功能,用户存入 ETH、rsETH、ETHx、stETH 资产即可获得 hgETH 代币。

existSafetyIn terms of security, High Growth Vault has obtained support from leading partners such as UltraYield and Upshift and provides professional risk management, aiming toSafetyto maximize profits under the important premise of maximizing profits.

In terms of yield strategy, High Growth Vault aims to achieve a 20% return rate. It has established cooperation with protocols such as Aave, Compound, Morpho, Usual and Elixir, and is about to integrate with platforms such as Pendle and Balancer. Through smart yield strategies, hgETH tokens can be efficiently deployed in DeFi protocols to help users obtain higher returns more easily.

Bloomberg Analyst: SOL, XRP and other altcoins ETF It may take until the end of 2025 to get approval

According to Coingape, Bloomberg ETF analyst James Seyffart's latest report pointed out that the approval resolution of altcoin ETFs such as SOL, XRP, LTC and HBAR may extend to the end of 2025. Unlike the approved Bitcoin and Ethereum ETFs, these altcoins lack the support of CME's regulated futures market.

Although WisdomTree and 21Shares have submitted applications for XRP ETFs, current regulations still do not allow them to be listed before addressing compliance issues such as market manipulation and custody. Seyffart also said that the new SEC leadership in 2025 may have acryptocurrencyIt will be more friendly and ETF products may be allowed to add pledge functions.

Phantom announces new support Base network

Crypto wallet Phantom announced that it has officially supported Coinbase’s Ethereum Layer 2 network Base. The integration has completed Beta testing and is open to all users. Users can now purchase Ether and USDC on Base through the Phantom wallet, and support token swaps between Base, Ethereum, Solana, and Polygon.

DeFi Technologies subsidiary Valour launches first Dogecoin in Northern Europe ETP

DeFi Technologies 子公司 Valour 在瑞典股票市场 Spotlight Stock Market 上推出交易所交易产品 Valour Dogecoin (DOGE) ETP,这是北欧地区首个推出的 Dogecoin ETP。

Market dynamics

加密早报:美国法院裁定针对 Tornado Cash 制裁违法,Movement 基金会公布 MoveDrop 计划

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The article comes from the Internet:Crypto Morning News: US court rules that sanctions against Tornado Cash are illegal, Movement Foundation announces MoveDrop plan

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