Zerohedge: how next year could play out. I’ll [Goldman Trader] narrow it down to this: do you expect a recession or not in 2024?: Infinityhedge

In the past 40 years, there have been 8 easing cycles. If you snapshot the performance of S&P from the first cut to 12 months forward, the market was higher in 5 of 8 wen no recession & in the 3 occurrences where the market was negative, there was a recession.

"I’ll [Goldman Trader] note that we do NOT forecast a US recession next year"

+There’s nearly $6tr sitting in US money market funds.

SEC rejects Coinbase’s request for a separate regulatory framework for the cryptocurrency industry: fortune

"First, existing laws and regulations apply to the crypto securities markets. Second, the SEC addresses the crypto securities markets through rulemaking as well. Third, it is important to maintain Commission discretion in setting its own rulemaking priorities"

https://www.sec.gov/news/statement/gensler-coinbase-petition-121523

Summary: SEC denies Coinbase petition for new crypto rules, says existing laws work, has ongoing crypto rulemaking that could inform approach, wants to retain discretion over regulatory priorities.

Gurbir Grewal, the Director of the SEC's Division of Enforcement, has said, "You simply can't ignore the rules because you don't like them or because you'd prefer different ones: the consequences for the
investing public are far too great."

ARBITRUM DOWN

Arbitrum One Sequencer and Sequencer feed are currently experiencing issues. Arbitrum investigating this incident: status.arbitrum.io

Update: Producing Blocks now

90% of Arbitrum transactions were innoscriptions before the chain stopped: hildobby

A marketing team within media giant CMG claims it has the capability to listen to ambient conversations of consumers through embedded microphones in smartphones, smart TVs, and other devices to gather data and use it to target ads, acc. to a review of CMG marketing materials by 404 Media and details from a pitch given to an outside marketing professional.

NFT Trader's [Marketplace] old Contracts Exploited🚨: dingaling

If you've ever used NFT Trader [nft Marketplace] in the past, revoke approval to their contract ASAP

0x13d8faF4A690f5AE52E2D2C52938d1167057B9af

0xC310e760778ECBca4C65B6C559874757A4c4Ece0

Boring Security: if you have any apes in lending protocols and have ever used NFTTrader, revoke approvals to NFTTrader before withdrawing.

It is most important to get folks who have deposits in BendDAO and Paraspace to revoke! For as soon as they withdraw they will be drained!

Hacker’s Address: 0x909f2159780e64143cf08f32dbbf56ed19478fda

How to escape assets from a compromised wallet?: officercia
For unclaimed tokens
For ERC721

To revoke: here

Tether: We've onboarded FBI, Secret Service to our platform: TheBlock

Tether claims to have helped the DOJ, U.S. Secret Service, and FBI freeze 326 wallets controlling 435m UST so far, though its latest frozen wallets seemingly contain far fewer tokens than that sum.

MongoDB is hacked 🚨⚠️

https://www.mongodb.com/alerts

Upbit Listing: KRW Market: $ASTR

Update:Price difference:
On Binance: $0.10
On Upbit: $0.15

BP Plc said it will pause all its OIL tanker traffic through the Red Sea following an escalation of attacks on merchant shipping by Houthi militants.

[*BP PLC is the 8th largest oil Company in the world]

USDT Banned addresses on Ethereum

Adobe and Figma agree to terminate their deal, with Adobe paying a $1billion fee

CEO figma: "After an intense 15 months of review, today Adobe and Figma have decided to end our pending merger, as we no longer see a path toward regulatory approval of the deal"

Metis, Ethereum Layer-2 Network, Creates $100M Fund as Decentralized Sequencer Launch Nears: Coindesk

The distribution of funds is planned for the first quarter of 2024, and supposed to occur a week after Metis' decentralized sequencer will go live.

Avalanche burned $16.7 million of AVAX over last week: TheBlock

This is largely due to increased activity related to minting and sending innoscriptions.

The SEC attaches a string to Bitcoin ETFs—and investors will be the one to pay for it: Fortune

Mainly Explains: in-kind vs in- cash redemptions

Red Sea is now largely closed to traffic. That's 8.8 million bpd of daily oil transit, and nearly 380 million tons of daily cargo transit.

Global traffic now will be rerouted around Cape of Good Hope, adding 40% to voyage distance (and even more to cost): Zerohedge

Eigenlayer Strategy Manager by Parsec
Deposits streaming in live.

AMENDMENT NO. 3 to Blackrock's spot bitcoin ETF [iSHARES BITCOIN TRUST] and kind of confirmed all are going for in-cash redemptions

https://www.sec.gov/Archives/edgar/data/1980994/000143774923034772/bit20231215_s1a.htm