Happy Wednesday! In today's Daily, Binance launches pre-market spot trading, Caroline Ellison gets sentenced to two years in prison, Hamster Kombat teases its roadmap ahead of tomorrow's airdrop and more.

Meanwhile, Ikigai CIO Travis Kling discusses if crypto is quiet quitting in the latest episode of The Crypto Beat podcast.

Let's get started.

Binance has launched a pre-market spot trading service allowing users to take early positions before a token's official market listing.

Former Alameda CEO Caroline Ellison was sentenced to two years in prison on Tuesday for her role in the FTX collapse, which caused billions of dollars in user losses.

Telegram tap-to-earn game Hamster Kombat teased its roadmap on Wednesday ahead of its highly-anticipated token airdrop on TON blockchain.

Initia has raised $14 million ahead of its mainnet and token launch, bringing its total funding to $22.5 million and its fully diluted token valuation to $350 million.

Banana Gun promised to refund users affected by last week's $3 million exploit of 11 wallets associated with the Telegram bot that operates on Ethereum Virtual Machine and Solana networks.

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