Dutch central bank says KuCoin is not licensed and 'illegally offering services'.

https://cointelegraph.com/news/dutch-central-bank-says-kucoin-is-not-licensed-and-illegally-offering-services

Former President Donald Trump releases his first NFT collection.

https://twitter.com/watcherguru/status/1603421671993577472

Crypto exchange FTX petitioned a federal court for permission to sell several subsidiaries, including U.S.-based derivatives wing LedgerX.

https://www.coindesk.com/policy/2022/12/16/embattled-crypto-firm-ftx-wants-to-sell-its-functioning-units-including-ledgerx/

Warner Music Group and the digital fashion startup DressX have announced the partnership.

Through the partnership, Warner Music artists will be able to create and license digital wearables and merchandise for fans.

https://decrypt.co/117385/warner-music-group-metaverse-digital-fashion-startup-dressx

Crypto Market Daily Review.

- The market is down today. Market cap is $875B, Bitcoin is trading at $17.4K.

Dropstab.com

⚡️ Highlights:

- Donald Trump releases individual NFTs for $99 each.
- Magic Eden has added Polygon NFT minting and trading support.
- The Hong Kong Stock Exchange has begun trading two ETFs.

Decent, an NFT infrastructure protocol that helps artists monetize their work, raised $3.5 million in a seed funding round.

Crypto-focused venture capital firm Archetype led the round, with Y Combinator, Circle Ventures, Palm Tree Crew Crypto and its co-founder Kyrre Gorvell-Dahll (aka Kygo, a Norwegian DJ and music producer) also participating.

Angel investors, including Ilya Fushman of Kleiner Perkins and Ian Lapham of Uniswap Labs, also joined the round.

https://www.theblock.co/post/195485/nft-infrastructure-protocol-decent-raises-3-5-million-from-y-combinator-and-others-exclusive

New York financial regulator issues cryptocurrency guidance for banks.

https://www.reuters.com/markets/new-york-financial-regulator-issues-cryptocurrency-guidance-banks-2022-12-15/

Blockchain infrastructure company Blocknative has raised $15 million in Series A-1 financing, bringing the total amount raised by the Ethereum block processor to $34 million.

Joining in the Series A-1 raise are Blockchain Capital, Foundry Group, Rho, IOSG Ventures, Robot Ventures, Fenbushi Capital, HackVC, Industry Ventures, and others.

https://decrypt.co/117398/a-leading-post-merge-ethereum-block-builder-blocknative-raises-15-million

Magic Eden has added Polygon NFT minting and trading support.

https://www.theblock.co/post/195404/magic-eden-bolsters-gaming-support-by-adding-polygon-nft-minting-and-trading

Crypto trading firm Amber Group raises $300M Series C.

The round was led by Fenbushi Capital U.S., and other crypto investors and family offices.

https://www.coindesk.com/business/2022/12/16/crypto-trading-firm-amber-group-raises-300m-series-c-after-ftx-contagion/

Japan set to ease 30% crypto tax on paper profits for token issuers.

https://cointelegraph.com/news/japan-set-to-ease-30-crypto-tax-on-paper-profits-for-token-issuers

Mazars, the auditing firm working with Binance and other crypto exchanges on proof-of-reserves statements, has temporarily paused all work for crypto clients.

https://www.coindesk.com/business/2022/12/16/binance-proof-of-reserves-auditor-mazars-pauses-all-work-for-crypto-clients/

Wormhole has integrated with Injective, allowing connections to networks such as Solana, Aptos and Avalanche.

https://blog.injective.com/wormhole-integration-is-now-live-on-injective/

Elon Musk starts following crypto exchange OKX on Twitter.

https://watcher.guru/news/okx-token-spikes-after-elon-musk-follows-the-crypto-exchange-on-twitter

Raydium, a decentralized exchange built on the Solana blockchain, suffered an exploit that appears to have taken more than $2 million.

https://www.theblock.co/post/195712/solana-based-exchange-raydium-suffers-2-million-exploit

The best new projects added on ICO Drops

1. Fleek https://icodrops.com/fleek/
2. APWine https://icodrops.com/apwine-2/
3. Buildspace https://icodrops.com/buildspace/
4. Ping https://icodrops.com/ping/
5. Across Protocol https://icodrops.com/across-protocol/
6. Heroic Story https://icodrops.com/heroic-story/
7. Shibuya https://icodrops.com/shibuya/
8. Perennial https://icodrops.com/perennial/
9. Roboto Games https://icodrops.com/roboto-games/
10. Lyra https://icodrops.com/lyra/

Gearbox trading has started.
GEAR is now trading at 1.8x (max 2.8x) from the DAO Round price (0,015$).
FDV: $270 million
Market Cap: $21.6 million

https://cider-gear.eth.limo/#/fair-trading
https://www.geckoterminal.com/eth/pools/0x0e9b5b092cad6f1c5e6bc7f89ffe1abb5c95f1c2

FTX founder Sam Bankman-Fried will no longer contest extradition to the United States, where he is facing criminal fraud charges.

https://www.theblock.co/post/195979/sam-bankman-fried-wont-fight-u-s-extradition-reuters

Dutch bitcoin exchange Bitvavo claims that Digital Currency Group (DCG) is “experiencing liquidity problems due to the current turbulence in the cryptomarket” and that DCG “has suspended repayments until this liquidity issue has been resolved.”

https://decrypt.co/117506/dutch-bitcoin-exchange-bitvavo-alleges-digital-currency-group-is-having-liquidity-problems

Crypto Market Daily Review.

- The market is down today. Market cap is $832B, Bitcoin is trading at $16.7K.

Dropstab.com