Editor's Choice
Binance Charity donated $3 million to the Spanish Red Cross for urgent assistance to those affected by the floods in Valencia 🌊
Binance Charity donated $3 million to the Spanish Red Cross to assist those affected by the floods in Valencia. These funds will help the Red Cross mobilize resources to support those in need.The CEO of Binance in Spain, Javier García de la Torre, noted that the company is committed to using its resources to help during difficult times. Fernando Pérez-Ordoñez from the Red Cross expressed gratitude to Binance for their support, emphasizing the importance of their contribution to helping thousands of affected individuals.
Bybit registered with the National Bank of Georgia as a Virtual Asset Service Provider (VASP) on November 5, 2024, reinforcing its regulatory presence in 2024 after licenses in the Netherlands, Kazakhstan, and Turkey 🌍
The cryptocurrency exchange Bybit, ranked second in the world by trading volume, registered with the National Bank of Georgia as a Virtual Asset Service Provider (VASP) on November 5, 2024.This registration strengthens Bybit's regulatory presence after obtaining licenses in the Netherlands, Kazakhstan, and Turkey, allowing the exchange to operate in accordance with Georgian cryptocurrency legislation.Bybit co-founder Ben Zhou noted that the registration underscores the company's commitment to providing a safe platform for users in Georgia and supports the development of blockchain innovations in the region.
Lista DAO integrates Chainlink Price Feeds to enhance the security and reliability of price data for ezETH, STONE, weETH, and wstETH, providing users with secure staking solutions 🔒
Lista DAO announced the integration of Chainlink Price Feeds, strengthening the security and reliability of market data for assets such as ezETH, STONE, weETH, and wstETH. This update ensures reliable data protection against manipulation, allowing users to make more informed decisions when staking.The integration of Chainlink Price Feeds significantly enhances liquidity staking on the platform, providing accurate and secure data in volatile market conditions. This is an important step toward creating a more transparent and secure staking process, establishing a new standard of reliability in the DeFi sector.
Huawei uses TSMC technologies in its artificial intelligence chips: TechInsights' discovery amid increased U.S. sanctions and rising electricity prices for TSMC ⚡
American authorities are trying to prevent Huawei from becoming one of the leading technology companies. However, TechInsights has discovered that Huawei's artificial intelligence chips contain TSMC technologies that should have been unavailable after the export controls were implemented in September 2020. An investigation by TSMC revealed that the technologies may have been transferred through the Chinese company Sophgo, after which TSMC canceled all orders from it.The U.S. Department of Commerce is examining these findings. Despite the restrictions, Huawei continues to grow, raising doubts about the effectiveness of the sanctions.At the same time, TSMC is facing an energy crisis in Taiwan: since 2022, electricity prices have increased fourfold, raising operational costs and creating risks for the company's production capacities.
SynFutures launches Perp Launchpad—the first platform for derivatives markets—and allocates $1 million as part of a grant program to support projects in creating perpetual futures and promoting tokens on on-chain markets 💰
BingX Labs invests in the AgentLayer project to create decentralized economies of autonomous AI agents using the AGENT token 🤖
Taiwan's FSC introduces new registration rules for cryptocurrency exchanges starting January 1, 2025: 26 exchanges have received AML compliance declarations, with a special law on the management of virtual assets in development for 2024 🏦
Robinhood, Kraken, and Paxos are launching a global dollar network to support the USDG stablecoin, backed by the US dollar 💵. The new project aims to increase competition in the stablecoin market dominated by Tether and USD Coin 🌐
MANTRA partners with Libre Capital to provide accredited investors access to tokenized investment funds, including money market funds 💰✨
Ubisoft faced issues in Champions Tactics: Grimoria Chronicles due to a vulnerability allowing player Paulstar111 to win matches before they start 🎮⚔️
OpenSea announced the launch of a new platform "from scratch" in December 2024 against the backdrop of declining NFT sales volumes to lows not seen since 2021 📉🖼️
The first pension fund in the UK allocates 3% of its assets (£50 million) to Bitcoin following a recommendation from Cartwright, corresponding to a 10-year investment horizon 💼📈
TON Accelerator launches a $5 million program to support innovative projects in the TON ecosystem with a focus on decentralized finance, cross-chain gaming, and staking 🚀
TON Accelerator, the incubation project for The Open Network blockchain, has launched a program worth $5 million to support innovation in the TON ecosystem. The launch took place on November 4, and the initiative received support from TON Ventures and Mantle EcoFund.The new program "Cohort 2.0: Synergy" provides selected projects with access to mentorship and funding, aimed at decentralized finance, cross-chain gaming, and staking. The total value of locked assets in the TON ecosystem has reached $707 million, significantly increasing since the beginning of the year.
Cryptocompanies invested 78 million dollars in the Super-PAC Fairshake for the 2026 elections 💰, including 30 million from Coinbase and Andreessen Horowitz 🚀
A day before the US elections, crypto companies poured tens of millions into the 2026 elections. Super-PAC Fairshake raised $78 million, including over $30 million from various companies and $48 million in new commitments from Coinbase and Andreessen Horowitz.Chris Dixon from a16z stated that the fund allocated $23 million to Fairshake to support lawmakers from all parties aiming to create effective regulations for the crypto industry. a16z has donated a total of $70 million.Coinbase increased its donations to over $75 million, while Ripple Labs contributed around $50 million. Fairshake has raised about $170 million and spent $135 million. Research shows that of the 42 races supported by crypto PACs, 36 were won by candidates who received funding from the crypto industry.Donors to Fairshake advocate for the adoption of cryptocurrency and stable coin legislation in the US.
Circle increases its presence in Southeast Asia, planning to hire employees and develop business in Hong Kong against the backdrop of the stable coin USDC 💼
Circle plans to strengthen its presence in Southeast Asia, focusing on Hong Kong for business expansion. According to information from November 4, the company intends to hire more employees and establish new business relationships in the region.Circle's CEO, Jeremy Allaire, noted that stable coins like USDC play an important role in Hong Kong's trading practices. The HKMA plans to implement regulations for stable coins by 2025. Local companies are already utilizing stable coins; for example, First Digital Trust launched the FDUSD token on Solana.Hong Kong is becoming a crypto-friendly jurisdiction despite its ties to China. Circle has also introduced a white paper for the Confidential ERC-20 standard, ensuring user privacy and compliance.
APISentry launches an API security program with a prize of up to $150,000 for 50 African startups amid rising cyber threats, with data leak levels nearing 300,000 in Nigeria for the second quarter of 2024 💻🔐
In light of the surge in cyber incidents in Nigeria—nearly 300,000 data breaches in the second quarter of 2024—the API security platform APISentry is launching a Startup Security Program.The initiative will help early and growth-stage startups enhance their cybersecurity. Up to 50 African tech startups will receive up to $150,000 in APISentry credits to secure their APIs and digital infrastructure.Participants will also receive mentorship and support from experts. Emmanuel Ezehivelle, CEO of APISentry, emphasized the importance of proactive cybersecurity measures for startups, which often become easy targets for attacks.
Best news of the last 10 days
Biconomy acquires Klaster to create a modular execution environment (MEE), simplifying developer tasks and enhancing user experience 🔗
Scammers in Colorado are impersonating police officers, demanding Bitcoin for missed court appearances: a victim lost $6,000, but the remaining $4,000 was saved. 🚔
Deutsche Telekom and Bankhaus Metzler launch a pilot project for Bitcoin mining using surplus energy from renewable sources to stabilize the energy grid in Germany 🌱💡
OSL Group acquires 81.38% of the shares of the Japanese cryptocurrency exchange CoinBest, strengthening its position in the Japanese digital assets market 💼
Victory Securities launches structured products of virtual assets for qualified investors and services for stable coin holders in Hong Kong 📈
Broker Victory Securities has announced the launch of new products for qualified investors, including structured virtual asset products and services for clients holding stablecoins.The company received permission from the Securities and Futures Commission (SFC) to market cash structured virtual asset products, becoming the first licensed broker in Hong Kong with such approval. These products will help investors achieve higher returns and manage risks.Kenneth Chan, the executive director, emphasized the lack of strategic investment products in the market, noting that Victory Securities' new offerings contribute to creating a comprehensive virtual asset ecosystem in Hong Kong. The company will continue to develop investment opportunities in a secure environment.
Monetary Authority of Singapore (MAS) introduces new measures to develop asset tokenization and create commercial networks to deepen the liquidity of tokenized financial services 💰
The Monetary Authority of Singapore (MAS) will introduce measures to develop tokenization in financial services by creating commercial networks to improve the liquidity of tokenized assets. The regulator will develop market infrastructure and provide access to settlement systems.“MAS notes the growing interest in asset tokenization, especially in fixed income and asset management. We welcome the participation of financial institutions in creating standards for tokenized products,” said Lionel Sing Chiong, Deputy Managing Director of MAS.The Guardian project has presented two frameworks for implementing tokenized assets: one for debt markets and another for tokenized funds.
Kraken launches a licensed broker for wholesale clients in Australia with cryptocurrency-based derivatives: over 200 assets and 24/7 support 💹
We are pleased to announce a new offering of a licensed broker for qualified wholesale clients in Australia, enabling the purchase of crypto derivatives. This will allow for risk management and profit from cryptocurrency price fluctuations without the need for ownership.Jonathan Miller, General Manager of Kraken Australia, noted that wholesale clients are eager to implement complex trading strategies with the support of a licensed broker that meets Kraken's high safety standards.With over 200 tradable assets and support for various types of collateral (fiat, stablecoins, and cryptocurrency), clients will receive reliable solutions for storing crypto assets with 24/7 support.This offering reaffirms our commitment to compliance with regulatory requirements in Australia. Potential clients can review the offering on the "Check Eligibility to Trade Derivatives on Kraken in Australia" page, while existing clients can verify their eligibility in the Kraken Pro app.
Hackers compromised Wiz Khalifa's account, promoting the fraudulent token Infinite Backrooms (IB), causing a 34.5% drop in the price of the GOAT token to $0.4686 and losses of $602,500 for investors 📉
Hackers breached the crypto investor Wiz's account and started promoting a new token, causing an uproar in the community. ZakZBT warned users about the fraud, noting that these are the same hackers who recently breached Andy Airy's account.Airy, the creator of the Truth Terminal bot, fell victim to a SIM swap attack, allowing hackers to promote the Infinite Backrooms (IB) token and boost its market capitalization to $25 million within a few hours. The hackers purchased 124.6 million IB tokens for $38,400 and then quickly sold them off, making a profit of $602,500.The aftermath of the breach affected the meme token market. The GOAT token fell by 34.5%, dropping from $0.8788 to $0.4686, indicating a decline in investor confidence.