🪙 Crypto and Blockchain News (December 16, 2023):

1️⃣ Youtube: On December 15, #nym recapped the 2023 results and introduced some of the Shipyard winning teams.

2️⃣ On December 14, SafeMoon's attorney, Mark Rose, filed for the bankruptcy of the #defi project. The SFM token reacted with a sharp decline. Documents under Chapter 7 of the US Bankruptcy Code have been submitted to the court in the district of Utah. SafeMoon US LLC estimated its assets in the range of $10-$50 million, with liabilities ranging from $100,001 to $500,000. 💔

3️⃣ Bitget: The cryptocurrency exchange #bitget invested several million dollars in the second-layer solution Morph. Morph is a Layer 2 solution for scaling the #ethereum network, combining features of Optimistic- and ZK-Rollups. The project plans to complete the development of the beta testnet and launch the mainnet early next year. 🚀

4️⃣ Cyber•Fund: One of the first sponsors of Ethereum, investment company Cyber.Fund, will allocate $100 million to support projects at the intersection of blockchain with AI, robotics, and the Internet of Things (IoT). The fund is focused on the development of the "cybernetic economy" — an interconnected and automated economic structure that integrates the aforementioned technologies. 💻

5️⃣ WhiteBIT: Emittance Corporation has launched the stablecoin UAHg, pegged to the Ukrainian hryvnia at a 1:1 ratio. In celebration of the event, the project's team, in partnership with the cryptocurrency exchange WhiteBIT, will conduct a bounty campaign with a prize fund of 300,000 UAHg. 🌐

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