Editor's Choice
Tether announced the launch of an open Wallet Development Kit (WDK) for integrating non-custodial wallets into applications, websites, and devices supporting USDT and Bitcoin 💻
Tether announced the launch of an open Wallet Development Kit (WDK) that will allow for the integration of non-custodial wallets into applications, websites, and devices supporting USDT and Bitcoin. The kit features a modular structure and fast integration. According to Tether CEO Paolo Ardoino, WDK supports not only people but also digital entities like AI, robots, and autonomous systems.
Deutsche Telekom MMS becomes the first telecom giant to operate a validator on the NEAR blockchain as part of Meta Pool's Enterprise Node Operator program 🚀, enhancing network security 🌐
Deutsche Telekom MMS has become the first telecom giant to operate a validator on the NEAR blockchain as part of the Enterprise Node Operator (ENO) program organized by Meta Pool. The partnership improves the security and scalability of the NEAR network and opens up new opportunities for the development of decentralized applications and artificial intelligence technologies. The collaboration between Meta Pool and Deutsche Telekom strengthens the NEAR infrastructure, fostering the adoption of blockchain solutions in the business sector.
Truflation launches the GameFi Index to track the profitability of leading P2E platforms with Immutable, Superverse, and Polygon, including 28 games with 50,000+ active daily users 🎮
Truflation launches the GameFi Index to monitor the profitability of top P2E platforms. The index includes protocols such as Immutable (IMX), Superverse (SUPER), and Polygon (POL), with a 50% weight for analysis. The index also includes 28 games with at least 50,000 active daily users, including World of Dypians and Axie Infinity.
Vatican and Microsoft have created a digital model of St. Peter's Basilica with 400,000 images and 22 petabytes of data to preserve heritage ahead of the 2025 anniversary 🏰
The Vatican and Microsoft have created a digital model of St. Peter's Basilica using 400,000 images captured by drones, cameras, and lasers. The 3D replica, containing 22 petabytes of data, allows virtual exploration of the basilica. The project was launched ahead of the Vatican's 2025 anniversary, when a large number of pilgrims are expected. Pope Francis thanked the creators for using technology to preserve world heritage and spread the faith.
Sam Trabucco will transfer two real estate properties worth $8.7 million, a yacht worth $2.5 million, and lawsuit rights amounting to $70 million to FTX creditors as part of a settlement 🚢🏠
Bitcoin reached an all-time high of $86,000, increasing by 20% since November 6 after Trump’s victory, with optimism for crypto-friendly regulations 🚀
Canaan Inc. signed an agreement with HIVE Digital Technologies to supply 6,500 Avalon A1566 mining machines at 185 TH/s each, with the first batch of 500 machines already delivered ⚡
Germany sold 50,000 bitcoins for $2.8 billion in July, but has now missed out on $1.7 billion in profit as bitcoin rose 53% to $88,000 over 60 days 📉
Bitbank launches Bitbank Ventures for investments in blockchain, cryptocurrencies, and artificial intelligence: supporting Japanese startups with global potential and integrating new technologies into the crypto industry 🌍
Brevis raised $7.5 million in a seed round from Polychain Capital and Binance Labs to develop infinite blockchain scalability without state fragmentation 💰
Elon Musk supported the idea of subordinating the Federal Reserve System to the President of the United States, reacting with a "100" emoji to Senator Mike Lee's post #EndtheFed on November 10, 2024 ✅
Armed robbers in Thailand stole $250,000 in Tether from a Ukrainian, threatening him not to contact the police and leaving him at a hotel in Phuket, November 11, 2024 💰
Conflux Foundation is investing $500 million in PayFi to create a blockchain platform that integrates traditional financial services, such as credit cards and invoice financing, based on Web3 💳
Conflux Foundation plans to invest $500 million in the development of PayFi, a Web3 payments solution.The investment will be directed towards creating the PayFi blockchain platform, which aims to bring traditional financial services onto the blockchain. PayFi's goal is to create a more integrated value network, including financial products such as credit cards, invoice financing, and reverse factoring.The PayFi platform is built on the Conflux blockchain, which focuses on stable coin infrastructure and payments for everyday users.
Former executives of Millennium Management and Pimco, Benoit Bosc and Michael Bressler, founded the consulting company x2B for crypto projects, offering services in fundraising, token issuance, and financial management 🚀
Former executives of Millennium Management LLC and Pacific Investment Management Co. (Pimco) are launching a consulting company in the field of digital assets. Benoit Bosc, who previously managed a portfolio at Millennium, and Michael Bressler, who recently left his position as executive vice president at Pimco, founded the company x2B after leaving their positions in October and August, respectively. The company will provide consulting services for crypto projects, including fundraising, token issuance, financial management, and market-making organization. x2B plans to charge fees in both tokens and cash, based on the project’s prospects. Currently, the company has 10 clients.
Mesh and Reown are launching wallet ownership verification for Bitcoin to comply with the European Travel Rule, effective December 30, 2024, for cryptocurrency companies 🔐
Mesh has partnered with Reown to verify wallets in the Bitcoin ecosystem to comply with the new European Banking Authority (EBA) guidelines. Starting December 30, the Travel Rule will require cryptocurrency companies to exchange customer information for transactions over $1000 in order to combat money laundering. Mesh noted a high demand for wallet verification solutions that meet these requirements.
Hedge funds betting against Tesla shares lost over $5.2 billion after Donald Trump's election, while the company’s market capitalization exceeded $1 trillion 🚀📉
Hedge funds that bet against Tesla (NASDAQ: TSLA) shares suffered losses after Donald Trump's election victory. Since the election on November 5, the company’s shares have risen by 30%, increasing its market capitalization by over $200 billion to exceed $1 trillion.The share of hedge funds with short positions against Tesla fell from 17% in July to 7% as of November 6. These funds have lost over $5.2 billion since the election. As of November 11, Tesla shares reached $321.22, with a market capitalization of $1.03 trillion.
Best news of the last 10 days
The ENS company announced the launch of a second-layer blockchain network "Namechain" using zero-knowledge technology to reduce costs and improve scalability, with the launch scheduled for the end of 2025 🚀
DeltaPrime loses $4.75 million in second hacker attack since September, vulnerability in contract on Arbitrum and Avalanche leads to theft of funds 💸
FTX filed a lawsuit against Binance and Changpeng Zhao, demanding $1.8 billion for fraud involving $1.75 billion in FTT, BNB, and BUSD tokens in 2021 🚨
WalletConnect Foundation and Reown have introduced WalletGuide and WalletConnect Certified: 19 cryptocurrency wallets received certification, including Binance Web3 Wallet, MetaMask, and others🔐
Tim Cook revealed that he has held Bitcoin for three years, but emphasized that his interest in cryptocurrency is personal, and Apple does not plan to integrate Bitcoin or other cryptocurrencies into its business in the near future 💼
Tim Cook, CEO of Apple, revealed that he has held Bitcoin for three years, but emphasized that his interest in cryptocurrency is personal, and the company does not plan to integrate cryptocurrencies into its business in the near future. He considers Bitcoin part of a diversified portfolio but does not offer investment recommendations. Cook also mentioned that he would not invest $200 billion of the company's funds in Bitcoin, as Apple shareholders do not expect cryptocurrency benefits from stock investments. However, users can download cryptocurrency wallets via the App Store.
The hacker with a rubber mask failed to take over a Kraken client's account after an unsuccessful video verification with incorrect answers to questions about cryptocurrency assets 🕵️♂️
A hacker tried to deceive the Kraken support team using a rubber mask to take over a client's account, but failed. Kraken's CEO, Nick Perkoco, noted that such attempts are not rare, although they never succeed.The company requires a video call for verification when restoring access. The hacker, trying to deceive, failed to correctly name the account's assets, and during the video call, his mask became too obvious.
Near Protocol has announced the creation of an artificial intelligence model with 1.4 trillion parameters, surpassing Meta's Llama, with crowdsourcing and monetization through token sales, costing $160 million 💰🧠
Near Protocol has announced the creation of the largest open AI model with 1.4 trillion parameters, surpassing Meta's Llama. The project will involve crowdsourcing, with researchers participating via the Near AI hub, and will begin with training a model with 500 million parameters starting November 10.The model will evolve through seven stages, with the best participants being selected. It will be monetized using a secure environment for rewards and continuous updates. Funding will be raised through token sales, with development costs estimated at $160 million. Polosukhin noted that the funds will be returned through the use of the model, and investors will be able to reinvest in future stages.
FTX sues SkyBridge Capital, demanding the return of $67 million invested in 2022 after the crypto market decline 💼
FTX sues hedge fund SkyBridge Capital to recover its $67 million investment.The cryptocurrency exchange filed a lawsuit against Antonio Scaramucci and his fund in the Delaware state court. This is one of 23 lawsuits filed by FTX last Friday, including against Crypto.com and the political organization FWD.US, founded by Mark Zuckerberg.FTX claims that despite the investments made in 2022 during the downturn in the cryptocurrency market, their goal was not achieved. The investment in SkyBridge, according to the plaintiffs, did not bring any tangible benefits and was used by FTX founder Sam Bankman-Fried to strengthen his position in political and financial circles.FTX invested $67 million in SkyBridge when the fund's assets shrank from $9 billion in 2015 to $2.2 billion, and Scaramucci needed support.