Editor's Choice
VanEck invested in the first AAA-level Web3 game by Gunzilla Games, "Off The Grid," with the opportunity to earn GUN tokens on PC, Xbox, and PS5 platforms 🎮
VanEck invested in a new Web3 game by Gunzilla Games called "Off The Grid." On October 31, company representative Matt Maximo announced that this is the first AAA game with Web3 support, available on PC, Xbox, and PS5. VanEck considers the gaming industry a promising field for tokenized investments, and Off The Grid, developed in the cyberpunk shooter genre, ideally fits these requirements.In the game, directed by Oscar-nominated Neill Blomkamp, players can earn GUN tokens by interacting with a unique mix of narrative and multiplayer content.
Suilend launches SpringSui to enhance liquid staking and yield opportunities on Sui Network, introducing the new token Spring SUI (sSUI) and protocol updates SIP-31 and SIP-33 🌐
Suilend has launched SpringSui to accelerate liquid staking and yield opportunities on the Sui Network.Unlike traditional finance, DeFi allows users quick and easy access to capital. Suilend, a leading DeFi platform, has introduced SpringSui—a new standard for liquid staking tokens (LST) on the Sui network.The launch of Spring SUI (sSUI) enables users to stake SUI and receive tokens representing their staked assets for use on other DeFi platforms. This standard is based on protocol improvements SIP-31 and SIP-33, which make staking tokens more compatible and secure.Suilend’s founder, Rooter, believes SpringSui will usher in a new era of liquid staking on Sui. Mysten Labs' CTO, Sam Blackshear, added that these updates will significantly enhance staking security and accessibility.Suilend has also provided the SpringSui source code to Sui developers to facilitate the integration and development of LST solutions within the ecosystem.
Cyberattack on centralized cryptocurrency exchange M2: $13.7 million in digital assets, including Bitcoin, Ether, and Solana, were stolen; the exchange has announced full restoration of client funds and strengthened security measures 🔒
Cryptocurrency exchange M2 was hit by a cyberattack that resulted in the theft of digital assets worth $13.7 million, as reported by the exchange itself in a statement dated October 31. It states:"We want to inform you that the situation has been fully resolved, and client funds have been restored. M2 has taken full responsibility for any possible losses, reaffirming our commitment to clients’ interests. All services are fully operational with additional security measures in place."The hackers managed to steal $13.7 million in Bitcoin, Ether, and Solana from the exchange's "hot wallets," as reported by anonymous blockchain analyst ZachXBT in Telegram on November 1.
Crypto.com Completes Acquisition of SEC Registered Broker-Dealer Watchdog Capital, LLC, Opening Access to Stock and Options Trading for American Traders 📈
Crypto.com announced the acquisition of the SEC-registered broker-dealer Watchdog Capital, LLC, which is a member of FINRA and SIPC. This will allow the company to offer stocks and options in the U.S. for eligible traders.Kris Marszalek, CEO of Crypto.com, noted that the company is actively integrating traditional financial instruments with digital capabilities while ensuring the necessary licensing for a leading position in the industry.With this acquisition, Crypto.com will expand its offerings for users in the U.S. Travis Maki, the company’s managing director, added that this is a step forward in creating a top-tier financial trading solution.
Citrea Raises $14 Million for DeFi Development on Bitcoin Using Zero-Knowledge Technologies and Launches the ‘Citrea Origins’ Program for Developers 🎉
Gustavo Rodriguez received eight years in prison for his role in crypto fraud with IcomTech: a Ponzi scheme with false promises to investors and fake returns 🚨
Binance and Amazon Web Services join forces to optimize the KYC process using artificial intelligence: data accuracy up to 95% and cost reduction by 80% 📊
Bybit has launched the localized platform bybit.kz for Kazakhstan with support for a fiat gateway for Kazakhstani tenge (KZT), simplified registration, and multilingual support 🚀
Flipster and BNB Chain have joined forces to launch a zero-fee crypto withdrawal, simplifying access to cryptocurrency markets and reducing costs for users 💰
Paxos has launched the Global Dollar (USDG) stable coin with a 1:1 peg to the US dollar 💵, meeting MAS standards and backed by reserves through Southeast Asia's largest bank, DBS Bank 🏦
Google allocates a grant of 2.8 billion naira to support AI talent development in Nigeria 🎓
Realize is launching the Realize T-BILLS fund with U.S. Treasury bond tokenization on the Ethereum and IOTA blockchains, attracting investors to a market with a $2.4 billion capitalization 🌐
Kraken launches Kraken Desktop for active cryptocurrency traders with instant access to spot and futures markets, support for Windows, Mac, Linux, and integration with Raspberry Pi 🚀
Kraken has launched Kraken Desktop — a powerful platform for active cryptocurrency traders, offering high speed and flexible settings.Kraken Desktop provides access to all of the company’s spot and futures markets, giving users a customizable interface with tools for chart analysis and market trend determination. The platform is built on Rust technology for high speed and stability, allowing traders to react faster to market changes. New features include ladder trading and automated counter-order submission, which facilitates trading in a dynamic market environment."Kraken Desktop provides active traders with the tools necessary for maximum productivity," said Kraken Co-CEO David Ripley.
The Victoria Police has confiscated cryptocurrency worth $142,679 for the first time using new digital asset seizure powers 💰
The Victoria Police in Australia has confiscated cryptocurrency worth $142,679 for the first time following a legal update allowing the seizure of digital assets through a search warrant.Since August 1, 2023, changes to the Confiscation Act have enabled the police to access suspects' cryptocurrency wallets. During a recent drug trafficking investigation, the police discovered recovery phrases for crypto wallets and accessed six wallets, seizing the funds.
Archax acquires Spanish broker King & Shaxson Capital Markets to enter the EU market in light of the introduction of the Markets in Crypto-Assets (MiCA) regulation 🌍
The London-based cryptocurrency exchange and custodian Archax, registered in the UK, has agreed to acquire the Spanish broker King & Shaxson Capital Markets (KSCM) to expand its operations within the European Union under the new EU regulation on the Market in Crypto-Assets (MiCA).Upon completion of the transaction, which requires approval from Spanish regulators, KSCM will become a wholly-owned subsidiary of Archax. This acquisition will allow Archax, registered with the UK’s Financial Conduct Authority (FCA), to expand its brokerage, trading, and custodial services in Europe and to add permission for crypto-derivatives operations.MiCA is set to come into force on December 30, although certain provisions for stablecoins took effect in June.
Coinbase invests $25 million in support of Fairshake and Stand with Crypto to advance the interests of the cryptocurrency industry in U.S. politics by the 2026 elections 🌐
Coinbase allocated an additional $25 million to support Fairshake, a super PAC promoting the interests of the crypto industry in U.S. politics. This measure aims to support "crypto-friendly" candidates and strengthen influence over digital asset regulation. Simultaneously, Coinbase is developing the Stand with Crypto organization, seeking to unite up to 4 million supporters by the 2026 elections to represent the interests of 52 million Americans involved in the cryptocurrency market.
Best news of the last 10 days
TRON DAO announces the transition to Chainlink Data Feeds as the official oracle solution for the TRON blockchain, supporting DeFi applications JustLend and JustStable with a total value exceeding $6.5 billion 💰
Wellington Management and Ondo Finance launch a tokenized U.S. Treasury bond fund with 24/7 liquidity for institutional investors 💰🔗
De Nederlandsche Bank has imposed a fine of €2.2 million ($2.4 million) on the cryptocurrency exchange Bybit for operating without mandatory registration in the Netherlands to prevent money laundering and terrorist financing 💰🔒
Canary Capital filed an S-1 registration statement for a Solana-based ETF, joining other firms seeking regulatory approval in the U.S. 📝
1inch was hacked: the incident affects dApp on Lottie Player and leads to the spread of malicious content through an updated npm package from Blockaid ⚠️
1inch, the front-end decentralized aggregator of cryptocurrency exchanges, has reportedly been hacked, according to a report from the cryptocurrency security company Coinspect Security. The incident reportedly affects not only 1inch but also all decentralized applications using Lottie Player. Blockaid confirmed that a new version of the npm package was deployed, leading to the execution of malicious operations in several real dApps. Additionally, non-cryptocurrency websites using this service are also spreading malicious content. Blockaid warns users against interacting with these platforms and recommends temporarily ceasing their use.
Attack on the Arbitrum blockchain: the attacker issued 200 trillion Sun (SUN) tokens and stole $2.8 million, exchanging them for USDT and WETH 💰
The attacker exploited a vulnerability in the smart contract on the Arbitrum blockchain by issuing an additional amount of Sun (SUN) tokens and exchanging them for USDT and WETH. As a result, the losses amounted to about $2.8 million. The attack began after an upgrade to the governance contract when 200 trillion SUN were created and quickly sold. The main transaction netted the attacker 2.1 million USDT, while the remaining tokens were exchanged for WETH, adding another $750,000 to the losses.The Arbitrum network remained unharmed, but this is already the second recent attack on its contracts, following a leak of $93,000.
The founder of MyTrade has admitted to manipulating the cryptocurrency market, including creating false trading volume to deceive buyers 💼
The US Department of Justice reported that the founder of MyTrade has pleaded guilty to charges of cryptocurrency market manipulation. As part of the investigation, the firms Gotbit, CLS Global, and ZM Quant were also charged for engaging in transactions that created a false impression of interest in tokens and their prices.Liu Zhou, a 39-year-old citizen of China and Canada, will be sentenced next year for manipulating client cryptocurrencies on several exchanges. US authorities reported that such operations included "pump and dump" schemes and led to losses for buyers.
Former FTX top manager Nishad Singh received a suspended sentence and a $11 billion fine 💸 for his involvement in the company’s fraud scheme
Former FTX top manager Nishad Singh received a suspended sentence and three years of supervision, becoming the fourth ex-employee of the bankrupt crypto exchange to be punished. He was also ordered to pay a fine of $11 billion.Singh faced up to 75 years in prison, but New York judge Lewis Kaplan noted his significant cooperation with the government. According to the judge, Singh’s role in the fraudulent scheme was far less significant compared to the actions of FTX founder Sam Bankman-Fried and former Alameda Research hedge fund CEO Caroline Ellison.Ellison was the main witness in the trial against Bankman-Fried, having previously received a two-year prison sentence.