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Cryptopolitan brings to the community breaking events involving top leaders, all major news, and significant disruptions in the Crypto and Blockchain industry.
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JP Morgan and Mastercard Team Up to Bring Foreign Exchange on BlockchainMastercard’s MTN (Multi Token Network) is collaborating with JP Morgan’s Kinexys aka Onyx for the B2B transfer of tokenized assets across borders. In the press release published on Thursday, November 21st, it was shared that the companies are joining hands in order to bring improvements in the B2B cross-border payments by “providing greater transparency and faster settlement as well as reducing time zone friction.” In 2023, Mastercard launched MTN with plans to check out tokenized bank deposit

JP Morgan and Mastercard Team Up to Bring Foreign Exchange on Blockchain

Mastercard’s MTN (Multi Token Network) is collaborating with JP Morgan’s Kinexys aka Onyx for the B2B transfer of tokenized assets across borders.

In the press release published on Thursday, November 21st, it was shared that the companies are joining hands in order to bring improvements in the B2B cross-border payments by “providing greater transparency and faster settlement as well as reducing time zone friction.”

In 2023, Mastercard launched MTN with plans to check out tokenized bank deposit
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Marathon Digital Raises $1B to Buy BitcoinMarathon Holdings has raised $1 billion to primarily acquire bitcoin. These funds were raised through the private offering of 0.00% convertible senior notes due 2030. Two days ago the company had announced increasing its convertible note offering from $700 million to $850 million. These notes were issued to institutional investors falling under specific criteria and qualifications through private selections. Marathon Digital announced in a press release of November 21st, that the funds raised

Marathon Digital Raises $1B to Buy Bitcoin

Marathon Holdings has raised $1 billion to primarily acquire bitcoin. These funds were raised through the private offering of 0.00% convertible senior notes due 2030.

Two days ago the company had announced increasing its convertible note offering from $700 million to $850 million. These notes were issued to institutional investors falling under specific criteria and qualifications through private selections.

Marathon Digital announced in a press release of November 21st, that the funds raised
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Anthropic CEO Encourages Caution About the Safety of AI ModelsDario Amodei, the CEO of Anthropic recently mentioned that artificial intelligence companies should undergo mandatory testing requirements. This also applies to his own firm, Anthropic. The goal is to make sure that these technologies are safe for the general public before they get released.  Amodei was answering a question at an AI safety summit recently held in San Francisco by the US Departments of Commerce and State. In his response, the CEO stated, “I think we absolutely have to make the t

Anthropic CEO Encourages Caution About the Safety of AI Models

Dario Amodei, the CEO of Anthropic recently mentioned that artificial intelligence companies should undergo mandatory testing requirements. This also applies to his own firm, Anthropic. The goal is to make sure that these technologies are safe for the general public before they get released. 

Amodei was answering a question at an AI safety summit recently held in San Francisco by the US Departments of Commerce and State. In his response, the CEO stated, “I think we absolutely have to make the t
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Peter Schiff : ‘Clearly I Wish I Bought Bitcoin’Peter Schiff, Chief Economist and global strategist, has repeatedly regretted not buying Bitcoin as soon as he heard about the asset back in 2010. However, he remains a strong Bitcoin critic and emphasizes that Gold is superior to Bitcoin. Peter Schiff has appeared in several podcasts and interviews as a strong critic of Bitcoin and the entire crypto industry. He has said several times that Bitcoin has no underlying value and its price is highly speculative. However, he expressed regrets for no

Peter Schiff : ‘Clearly I Wish I Bought Bitcoin’

Peter Schiff, Chief Economist and global strategist, has repeatedly regretted not buying Bitcoin as soon as he heard about the asset back in 2010. However, he remains a strong Bitcoin critic and emphasizes that Gold is superior to Bitcoin.

Peter Schiff has appeared in several podcasts and interviews as a strong critic of Bitcoin and the entire crypto industry. He has said several times that Bitcoin has no underlying value and its price is highly speculative. However, he expressed regrets for no
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Chill Guy (CHILLGUY) Takes Over DEX Trading Despite Copyright Warnings From the Author of the Tok...The Chill token trend swept over Raydium, leading to an endless inflow of derivative assets. The Chill Guy remains the OG asset, now becoming the first meme token to be copyrighted as the creator of the art wanted to limit its usage for commercial purposes. Meme tokens are a free-for-all space, where traders find a mix of originality and copycats. The first Chill Guy (CHILLGUY) token is one of the simple cartoons to gain the attention of the trading community, despite an inflow of close to 50K

Chill Guy (CHILLGUY) Takes Over DEX Trading Despite Copyright Warnings From the Author of the Tok...

The Chill token trend swept over Raydium, leading to an endless inflow of derivative assets. The Chill Guy remains the OG asset, now becoming the first meme token to be copyrighted as the creator of the art wanted to limit its usage for commercial purposes.

Meme tokens are a free-for-all space, where traders find a mix of originality and copycats. The first Chill Guy (CHILLGUY) token is one of the simple cartoons to gain the attention of the trading community, despite an inflow of close to 50K
ترجمة
Elden Ring Hits $20 for Black FridayElden Ring, is on sale for just $19.99 for Black Friday. This discount is limited to PS4, PS5, and Xbox. The DLC Shadow of the Erdtree is priced at $49.99. The Black Friday sale price for one of the top-performing games of all time, Elden Ring, is offering a cut of $40 from the original price of $59.99. This ranks it as one of the most wanted deals in this season’s sales. As the Black Friday sale goes live on November 29, the announcement for this particular discount has people on alert to gra

Elden Ring Hits $20 for Black Friday

Elden Ring, is on sale for just $19.99 for Black Friday. This discount is limited to PS4, PS5, and Xbox. The DLC Shadow of the Erdtree is priced at $49.99.

The Black Friday sale price for one of the top-performing games of all time, Elden Ring, is offering a cut of $40 from the original price of $59.99. This ranks it as one of the most wanted deals in this season’s sales.

As the Black Friday sale goes live on November 29, the announcement for this particular discount has people on alert to gra
ترجمة
North Korea’s Lazarus Group Steals 342,000 ETH From Upbit, South Korea’s Police ConfirmA South Korean investigative agency has exposed the Lazarus Group for crimes relating to crypto theft. The South Korean police confirmed that the North Korean-linked Lazarus Group is responsible for the crypto stolen from Upbit five years ago. North Korea has a history of hacking crypto and stealing funds through the Lazarus Group, which laces this case with a strong sense of deja vu. The damage was estimated at 58 billion won ($41.5m) at the time, which has increased to 1.47 trillion won ($1 b

North Korea’s Lazarus Group Steals 342,000 ETH From Upbit, South Korea’s Police Confirm

A South Korean investigative agency has exposed the Lazarus Group for crimes relating to crypto theft. The South Korean police confirmed that the North Korean-linked Lazarus Group is responsible for the crypto stolen from Upbit five years ago.

North Korea has a history of hacking crypto and stealing funds through the Lazarus Group, which laces this case with a strong sense of deja vu. The damage was estimated at 58 billion won ($41.5m) at the time, which has increased to 1.47 trillion won ($1 b
ترجمة
SEC Closes BitClave Chapter, Distributes $4.6M to VictimsThe US Securities and Exchange Commission (SEC) announced that it has begun distributing $4.6 million to investors of BitClave’s infamous 2017 ICO. This payout comes out from a fair fund created after a 2020 settlement with the now-defunct crypto startup. BitClave raised $25.5 million in just ninety seconds during the ICO boom by selling Consumer Activity Tokens (CAT). However, the commission charged it for conducting an unregistered securities sale later in 2020.  SEC sends $4.6M to BitClave

SEC Closes BitClave Chapter, Distributes $4.6M to Victims

The US Securities and Exchange Commission (SEC) announced that it has begun distributing $4.6 million to investors of BitClave’s infamous 2017 ICO. This payout comes out from a fair fund created after a 2020 settlement with the now-defunct crypto startup.

BitClave raised $25.5 million in just ninety seconds during the ICO boom by selling Consumer Activity Tokens (CAT). However, the commission charged it for conducting an unregistered securities sale later in 2020. 

SEC sends $4.6M to BitClave
ترجمة
Michael Saylor Loses Voting Rights At MicroStrategy – Will It Affect Bitcoin?Well, this is a Bitcoin surprise. Michael Saylor, the Executive Chairman of MicroStrategy, has lost his voting control over the company, which means it has lost its status as a “controlled company” on Nasdaq.  Because one person controlled corporate governance and made unilateral decisions, such as changing the business’s focus from software to Bitcoin acquisition, NASDAQ classified MicroStrategy as a “controlled company.” Historically, MicroStrategy’s dual-class share structure separated equi

Michael Saylor Loses Voting Rights At MicroStrategy – Will It Affect Bitcoin?

Well, this is a Bitcoin surprise. Michael Saylor, the Executive Chairman of MicroStrategy, has lost his voting control over the company, which means it has lost its status as a “controlled company” on Nasdaq. 

Because one person controlled corporate governance and made unilateral decisions, such as changing the business’s focus from software to Bitcoin acquisition, NASDAQ classified MicroStrategy as a “controlled company.”

Historically, MicroStrategy’s dual-class share structure separated equi
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U.S Founders Responsible for Nearly 50% of All Crypto Scam Projects5Money and Storible partnered in a study that placed the U.S. at the top of a list tracking scams and failed crypto projects. U.S. founders were responsible for nearly 43% of crypto scams and 33% of dead crypto projects worldwide. Russia led with the highest rate of scam crypto projects at 24%. Also, South Korea had the highest rate of failed crypto projects at 59%, while Singapore was a close second at 54%. The study identified Vietnam as the only developing country on the top ten lists for fo

U.S Founders Responsible for Nearly 50% of All Crypto Scam Projects

5Money and Storible partnered in a study that placed the U.S. at the top of a list tracking scams and failed crypto projects. U.S. founders were responsible for nearly 43% of crypto scams and 33% of dead crypto projects worldwide. Russia led with the highest rate of scam crypto projects at 24%. Also, South Korea had the highest rate of failed crypto projects at 59%, while Singapore was a close second at 54%.

The study identified Vietnam as the only developing country on the top ten lists for fo
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DEX Activity on Solana Is Catching Up With EthereumSolana’s meme token boom continues to shift the balance, with DEX activity catching up with Ethereum. It has reached around 57% of the activity levels on the Ethereum blockchain. However, Ethereum maintains an advantage in terms of higher liquidity and wider adoption through Uniswap.   Solana’s DEX activity has seen gradual growth throughout 2024, catching up with Ethereum’s levels. The last quarter saw a new meme token boom with corresponding inflows into Raydium, with DEX volumes now at 57% o

DEX Activity on Solana Is Catching Up With Ethereum

Solana’s meme token boom continues to shift the balance, with DEX activity catching up with Ethereum. It has reached around 57% of the activity levels on the Ethereum blockchain. However, Ethereum maintains an advantage in terms of higher liquidity and wider adoption through Uniswap.  

Solana’s DEX activity has seen gradual growth throughout 2024, catching up with Ethereum’s levels. The last quarter saw a new meme token boom with corresponding inflows into Raydium, with DEX volumes now at 57% o
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OpenAI Accidentally Deletes Potential Evidence Crucial to Its Copyright Lawsuit With the NY TimesThe New York Times Company counsel wrote a letter to the U.S. District Court for the Southern District of New York on November 20, revealing that OpenAI engineers had deleted potential evidence in the copyright infringement lawsuit. The letter also described the attorneys’ inspection of the data on the 2 virtual machines provided by OpenAI. The media company’s counsel said that The New York Times and Daily News, described as the News Plaintiffs in the letter, had spent 150 person-hours since No

OpenAI Accidentally Deletes Potential Evidence Crucial to Its Copyright Lawsuit With the NY Times

The New York Times Company counsel wrote a letter to the U.S. District Court for the Southern District of New York on November 20, revealing that OpenAI engineers had deleted potential evidence in the copyright infringement lawsuit. The letter also described the attorneys’ inspection of the data on the 2 virtual machines provided by OpenAI.

The media company’s counsel said that The New York Times and Daily News, described as the News Plaintiffs in the letter, had spent 150 person-hours since No
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Justin Sun Is ‘thrilled’ to Buy a Banana Taped to a Wall for $6.2 Million, but Why?Justin Sun is in the news for purchasing Maurizio Cattelan’s conceptual artwork—a banana duct-taped to a wall—for $6.2 million. Sun says the purchase is a “cultural phenomenon”. The art will join other high-profile NFTs and traditional artwork acquisitions by Sun which could join the Tron network.  Justin Sun adds $6M banana to his art collection Tron’s Justin Sun has reportedly purchased a famous artwork called Comedian—a banana taped to a wall—at an auction for $6.2 million. According to th

Justin Sun Is ‘thrilled’ to Buy a Banana Taped to a Wall for $6.2 Million, but Why?

Justin Sun is in the news for purchasing Maurizio Cattelan’s conceptual artwork—a banana duct-taped to a wall—for $6.2 million. Sun says the purchase is a “cultural phenomenon”.

The art will join other high-profile NFTs and traditional artwork acquisitions by Sun which could join the Tron network. 

Justin Sun adds $6M banana to his art collection

Tron’s Justin Sun has reportedly purchased a famous artwork called Comedian—a banana taped to a wall—at an auction for $6.2 million. According to th
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Crypto ETFs for XRP, SOL, and DOGE? the Race Heats UpThe crypto Exchange-Traded Fund (ETF) race is heating up after the major success of Bitcoin spot ETF launch in the US. In a latest post, Nate Geraci, president of The ETF Store, suggested that the applications for Solana (SOL), Ripple’s XRP, HBAR, and even Cardano (ADA) or Avalanche (AVAX) ETFs are now in the mix. Major financial players Grayscale are exploring altcoin ETFs, signaling a massive shift beyond Bitcoin and Ethereum. It hints that institutional investors are eyeing diverse exposure

Crypto ETFs for XRP, SOL, and DOGE? the Race Heats Up

The crypto Exchange-Traded Fund (ETF) race is heating up after the major success of Bitcoin spot ETF launch in the US. In a latest post, Nate Geraci, president of The ETF Store, suggested that the applications for Solana (SOL), Ripple’s XRP, HBAR, and even Cardano (ADA) or Avalanche (AVAX) ETFs are now in the mix.

Major financial players Grayscale are exploring altcoin ETFs, signaling a massive shift beyond Bitcoin and Ethereum. It hints that institutional investors are eyeing diverse exposure
ترجمة
Bitwise Joins the Race for Solana ETFs Behind Vaneck and Canary CapitalBitwise has submitted an S-1 filing with the U.S. SEC in the state of Delaware under the name “Bitwise Solana ETF.” The investment firm is applying for spot Solana ETFs, which are now promising after President-elect Donald Trump endorsed the crypto industry and vowed to foster a crypto-friendly approach to regulations. Bitwise is in the race with other prominent asset management firms, such as VanEck and Canary Capital, which also submitted their filings with the U.S. financial watchdog for Sol

Bitwise Joins the Race for Solana ETFs Behind Vaneck and Canary Capital

Bitwise has submitted an S-1 filing with the U.S. SEC in the state of Delaware under the name “Bitwise Solana ETF.” The investment firm is applying for spot Solana ETFs, which are now promising after President-elect Donald Trump endorsed the crypto industry and vowed to foster a crypto-friendly approach to regulations.

Bitwise is in the race with other prominent asset management firms, such as VanEck and Canary Capital, which also submitted their filings with the U.S. financial watchdog for Sol
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Bank of Japan Governor Kazuo Ueda Flags AI As a Threat to Financial StabilityKazuo Ueda, Governor of the Bank of Japan (BoJ), has warned that artificial intelligence (AI) poses a serious threat to financial stability. Speaking at the Europlace Financial Forum in Tokyo, Ueda zeroed in on how fast-moving technological developments, including AI, could disrupt economic systems and amplify risks. His comments carried weight, especially with Japan scrambling to reclaim its global tech leadership while tackling its aging, shrinking population. While Ueda’s prepared remarks

Bank of Japan Governor Kazuo Ueda Flags AI As a Threat to Financial Stability

Kazuo Ueda, Governor of the Bank of Japan (BoJ), has warned that artificial intelligence (AI) poses a serious threat to financial stability.

Speaking at the Europlace Financial Forum in Tokyo, Ueda zeroed in on how fast-moving technological developments, including AI, could disrupt economic systems and amplify risks.

His comments carried weight, especially with Japan scrambling to reclaim its global tech leadership while tackling its aging, shrinking population.

While Ueda’s prepared remarks
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Litecoin’s Meme Coin Gambit and the Rise of $LESTER MemecoinLitecoin revealed in a lengthy X post that it had no affiliation with the recently launched memecoin, Lester, on Solana’s Pump.fun. LTC’s post outlined how a group of individuals took the LTC mascot, Lester, created by X meme creator Greg, to popularize the memecoin.  Due to compelling market conditions, the Litecoin team decided to become a memecoin last week. Litecoin tweeted a simple message informing the crypto community of its decision: ‘ Due to current market conditions, I now identify as

Litecoin’s Meme Coin Gambit and the Rise of $LESTER Memecoin

Litecoin revealed in a lengthy X post that it had no affiliation with the recently launched memecoin, Lester, on Solana’s Pump.fun. LTC’s post outlined how a group of individuals took the LTC mascot, Lester, created by X meme creator Greg, to popularize the memecoin. 

Due to compelling market conditions, the Litecoin team decided to become a memecoin last week. Litecoin tweeted a simple message informing the crypto community of its decision: ‘ Due to current market conditions, I now identify as
ترجمة
Stocks Slip on Disappointing Nvidia Results, Bitcoin Defies the TrendNvidia just delivered yet another one of the most anticipated earnings reports of the year, and the numbers are wild. Third-quarter revenue hit $35.08 billion — a 94% jump from last year. Net income soared an even crazier 109%, landing at $19.3 billion. Wall Street’s verdict? “Meh.” Nvidia shares dropped 2.5% in after-hours trading, proving once again that it’s never enough for investors. The company’s next-gen Blackwell chip is expected to be a hit, with demand projected to outpace supply wel

Stocks Slip on Disappointing Nvidia Results, Bitcoin Defies the Trend

Nvidia just delivered yet another one of the most anticipated earnings reports of the year, and the numbers are wild. Third-quarter revenue hit $35.08 billion — a 94% jump from last year. Net income soared an even crazier 109%, landing at $19.3 billion.

Wall Street’s verdict? “Meh.” Nvidia shares dropped 2.5% in after-hours trading, proving once again that it’s never enough for investors.

The company’s next-gen Blackwell chip is expected to be a hit, with demand projected to outpace supply wel
ترجمة
Archax Leverages Blockchain to Offer Tokenized Funds From State Street, Fidelity, and LGIMArchax announced that it was expanding its tokenized RWA offerings to include industry leaders State Street, Fidelity, and LGIM money-market funds. The tokenized funds will be offered through beneficial ownership tokens that Archax will mint and offer. The UK-based digital asset platform hinted that they were likely to expand and include more fund offerings in the near future.  The FCA-regulated firm said providing digital representations of MMFs was becoming a popular use case for tokenization

Archax Leverages Blockchain to Offer Tokenized Funds From State Street, Fidelity, and LGIM

Archax announced that it was expanding its tokenized RWA offerings to include industry leaders State Street, Fidelity, and LGIM money-market funds. The tokenized funds will be offered through beneficial ownership tokens that Archax will mint and offer. The UK-based digital asset platform hinted that they were likely to expand and include more fund offerings in the near future. 

The FCA-regulated firm said providing digital representations of MMFs was becoming a popular use case for tokenization
ترجمة
Bitcoin Pulls in $97k, Sets Sight for $100kBitcoin, the biggest crypto, on Thursday morning breached past the much anticipated $97,000 level marking a new all-time high. BTC stood just 3% away from hitting the iconic $100K milestone. Optimism about crypto’s future in the United States is fueling the rally. The cumulative crypto market cap surged by more than 3% in the last 24 hours to stand at $3.17 trillion. Its 24-hour trading volume is running around $190 billion with a 5% jump. This spike comes in as speculation intensifies about Do

Bitcoin Pulls in $97k, Sets Sight for $100k

Bitcoin, the biggest crypto, on Thursday morning breached past the much anticipated $97,000 level marking a new all-time high. BTC stood just 3% away from hitting the iconic $100K milestone. Optimism about crypto’s future in the United States is fueling the rally.

The cumulative crypto market cap surged by more than 3% in the last 24 hours to stand at $3.17 trillion. Its 24-hour trading volume is running around $190 billion with a 5% jump. This spike comes in as speculation intensifies about Do
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