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

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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 Cashcontract时超出了其权限范围,这对该协议及其用户来说是一次重大胜利。三名法官组成的合议庭在判决意见中指出,虽然财政部有权对”财产”采取行动,但由于 Tornado Cash 的智能contract具有不可变性,无法被控制或拥有,因此根据《国际紧急经济权力法》(IEEPA)不构成财产。

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 Foundation announces MoveDrop plan toCommunityAirdrop 10% Token

Movement Network Foundation 公布 MoveDrop 空投计划,旨在奖励 Movement 的早期用户和Community成员。MoveDrop 将分配 1,000,000,000 个$MOVE(总供应量的 10%)给社区,满足条件的用户包括:Road to Parthenon 参与者、Battle of Olympus 获奖者、Gmovers、指定社区、Movement 测试网建设者。

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.

Users can choose to claim $MOVE on the Ethereum mainnet, or they can claim $MOVE after the Movement Network mainnet (which will be launched soon), which will generate a 1.25x reward multiplier. The Movement Network Foundation also stated that it plans to distribute more $MOVE in future events. Token.

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, and all received funds within the same three-hour window (16:40:20 to 19:39:47) on November 24, 2024. This unusual fund flow pattern suggests that thesewalletMay be controlled by the same person or small group.

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

Kelp, a multi-chain liquidity staking platform DAO Announced the launch of the High Growth Vault feature powered by Gain, users can deposit ETH, rsETH, ETHx, and stETH assets to obtain hgETH tokens.

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 subsidiary Valour launches on Swedish stock market Spotlight Stock MarketexchangeTrading product Valour Dogecoin (DOGE) ETP, the first Dogecoin ETP launched in the Nordic region.

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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