The Block
Quick Take KyberSwap said it will offer hack victims grants from the project’s treasury. Users who lost funds from its liquidity pools will receive grants equivalent in USD.
Quick Take Aave Companies rebranded to Avara and acquired the Los Angeles-based web3 startup Los Feliz Engineering. The move marks Avara’s second acquisition, following the purchase of the web3 social gaming app Sonar on Dec. 5, 2022.
Quick Take Ukraine authorities have seized $1.5 million worth of crypto assets from Yury Shchigol, a former chief of Ukraine’s Special Communications Service.
Quick Take Polychain Capital-backed Bioniq launched a Bitcoin Ordinals marketplace that leverages the Internet Computer blockchain to reduce trading costs.
Quick Take Potential spot bitcoin ETF approvals next year could coincide with reduced liquid supply, positively impacting the valuation of BTC, according to a report.
Conditions are developing for China to dramatically flood its economy with credit, Arthur Hayes said.
Quick Take John Hoffman is taking on a new role as a managing director and head of distribution and partnerships at Grayscale Investments, according to his LinkedIn profile.
Quick Take Reddit r/cryptocurrency subreddit moderators have relinquished control over the smart contract for the Moons token. The decision follows Reddit’s move to sunset its community points program that introduced Moons in 2020.
Quick Take The Starknet Foundation addressed speculations about an upcoming airdrop after screenshots circulated on social media. The foundation emphasized that the screenshots showed draft plans still under development. It clarified that the eligibility cutoff date for the airdrop has been set, and no further user actions can affect this.
Quick Take The current bitcoin put-call options ratio indicates “bullish sentiment in the market” for the spring of 2024, according to Deribit.
