EddieJayonCrypto

 27 Nov 24

tl;dr

• Tornado Cash Ruling Challenges Blockchain Regulation: A US appeals court ruled Tornado Cash's immutable smart contracts are not property under sanctions law, prompting debates about regulating decentralized tools. Sending TORN up 400%!• MicroStrategy Stock Drops 35% Amid Bitcoin Pullback: MicroStr...

• Tornado Cash Ruling Challenges Blockchain Regulation: A US appeals court ruled Tornado Cash's immutable smart contracts are not property under sanctions law, prompting debates about regulating decentralized tools. Sending TORN up 400%!
• MicroStrategy Stock Drops 35% Amid Bitcoin Pullback: MicroStrategy's stock plummeted 35% following Bitcoin’s 9% price dip, reflecting high volatility tied to its massive Bitcoin holdings.
• Consensys CMO Shares Web3 Marketing Insights: Neal Gorevic emphasized community empowerment, transparency, and authenticity as keys to success in Web3 project marketing.
• WalletConnect Airdrop Spurs Mixed Reactions: WalletConnect’s token airdrop of 50M WCT for governance drew excitement but also criticism over eligibility and distribution fairness.
• Fireblocks Partners with Google Cloud for Enhanced Security: Fireblocks integrates Google Cloud’s Confidential Space to strengthen asset security with advanced MPC technology.
• Pump.fun Dominates Solana Activity Amid Legal Concerns: Pump.fun drove 62.3% of Solana DEX transactions but faces scrutiny for hosting controversial tokens and content.
• Pantera Capital Predicts Bitcoin at $740K by 2028: Pantera Capital forecasts Bitcoin reaching $740,000, citing their fund's historic returns and confidence in crypto’s long-term potential.
• Bitcoin Pulls Back to $92K After $100K Rally: Bitcoin dropped from nearly $100,000 to $92,000, with larger investors accumulating despite the correction.
• Flare Positions as DeFi Hub with $20.75M Locked: Flare expands as a DeFi hub with innovative features like overcollateralized bridges and plans for a hackathon.
• Uniswap Offers $15.5M Bug Bounty for v4: Uniswap announced a record bug bounty for vulnerabilities in its v4 upgrade, surpassing LayerZero’s previous high.
• Kraken to Shut Down NFT Marketplace: Kraken will close its NFT marketplace in 2025, citing low trading activity and oversaturation in the NFT market.
• Jim Cramer Sparks Bitcoin Debate Amid Price Drop: Jim Cramer's Bitcoin endorsement led to a 5% price drop and sparked investor debate over its role as an economic hedge.

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