NOT A FLUKE: A Luxembourg-based company will launch a cryptocurrency backed by vintage sardines. Presenting at CES 2020, MY Sardines co-founder Jérôme Grandidier said: "It’s fun and the regulator was not afraid of sardines.” Full story
NBA SCORE: Brooklyn Nets guard Spencer Dinwiddie will be able to tokenize his contract after all. First reported by The Athletic, Dinwiddie will issue shares tied to his contract beginning Jan. 13, months after the NBA pushed back on his plan to create a tokenization platform for entertainers and athletes. Full story
INFLUENCER ATTACK: Popular South Korean crypto YouTuber Kyu-hoon "Spunky" Hwang was assaulted in an elevator in his apartment block, after receiving death threats from investors who had lost funds following his members-only trading group, according to CoinDesk Korea. Full story
LEDGERX CONCERNS: A LedgerX director and investor has withdrawn his funds and alleged the company may be failing its investors in a dramatic letter obtained by CoinDesk. Nicholas Owen Gunden wrote in a letter addressed to the firm, its shareholders and the CFTC that he was concerned about how the bitcoin derivatives provider was operating since the company’s founders were placed on administrative leave last month. Full story
BITCOIN REBOUND: Bitcoin's low volume pullback bottomed out at $7,700 earlier on Friday and has since bounced back above $8,000. Settling on Thursday's strong resistance level will likely invite technical buying, possibly yielding a re-test of recent highs above $8,460. Full story
ATHLETE'S WIN: After years of discussion, Monday may mark the first time accredited investors can buy tokenized shares of a high-profile professional athlete's contract. Markets Daily is back with the latest on the NBA's Spencer Dinwiddie story and what it could mean for entertainers of all stripes.
