Cryptopolitan brings to the community breaking events involving top leaders, all major news, and significant disruptions in the Crypto and Blockchain industry.
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
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
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.
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.”
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
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
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
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
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
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
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.
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
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
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
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
JPY Is ‘backed By Hostages’ — Crypto Exec Koji Higashi
Koji Higashi, a prominent entrepreneur in the Japanese BTC crypto arena, has said that while many people in Japan believe Bitcoin is not backed by anything of value, the Japanese yen (JPY) is backed by citizens held hostage to the economy. Higashi’s sentiment strikes the root of a bigger, more controversial issue for Bitcoin fans: the political co-opt of cryptocurrencies.
Japanese crypto entrepreneur and CEO of the Diamond Hands Lightning Network (LN) solution provider, Koji Higashi, has recen
SEC Delays Decision on Franklin Templeton Crypto Index ETF to 2025
The U.S. Securities and Exchange Commission (SEC) has extended its review period for Franklin Templeton’s proposed crypto index ETF, pushing the decision to early 2025.
According to a letter dated Nov. 20, the SEC noted that no public comments were submitted following the proposed rule change’s publication in the Federal Register on Oct. 8, 2024. The original 45-day review period was scheduled to expire on November 22, 2024, after the proposal was published in the Federal Register on October 8
Teachers Call for Proper Regulations As OpenAI Launches Free AI Training Course
OpenAI has entered a partnership with Common Sense Media to launch a free training course for teachers. The AI chatbot maker expects its new course to improve knowledge about artificial intelligence (AI) use and prompt engineering among educators.
Earlier this year, OpenAI introduced ChatGPT Edu. At the time, it said the module was specially designed for universities to introduce faculty members, researchers, and students to AI tools responsibly.
Le Chat by Mistral AI announces major updates as ChatGPT-4o and other generative AI tools face serious competition. The company’s free AI work assistant not only helps users with creative tasks, coding, and research, but it has also expanded new features in beta.
After integrating advanced AI capabilities and its recent funding rounds, the parent company of Le Chat is valued at $6 billion from the previous $2 billion last year.
Swiss Church Sparks Controversy With an AI Jesus Taking Confessions
In one of the many controversial cases involving the church and AI, a Switzerland church introduced an AI Jesus to take on confessions from Catholic worshippers.
This comes as AI technology has been touted as a game changer with the ability to optimize operations, despite fears the tech will replace humans in the job market. With all the predictions, no one ever thought that the technology would one day replace Jesus.
AI Jesus empowered with linguistic prowess to interact with everyone