Cryptopolitan brings to the community breaking events involving top leaders, all major news, and significant disruptions in the Crypto and Blockchain industry.
Meme Token QUANT Pumps After Gen Z Creator Gets Doxxed on Social Media
Quant (QUANT) is one of the latest meme tokens to go through an unusual pump. QUANT was just one of the regular Pump.fun tokens, with a twist – it was launched by a Gen Z kid, who sold a bit too soon.
Quant (QUANT) is one of the pumping tokens on Raydium, which may be going through a revenge rally. The token launched after a Gen Z kid, aged 13, started launching tokens with a live stream.
QUANT took off fast enough that the creator earned around $30K after rugging the token soon after the la
Russia Rolls Out Fresh Crypto Mining Limitations in Areas With Power Shortages
Russia has approved the ban on crypto mining in 6 regions until 2031. The reason is the shortage of power in these areas affecting the economy of the country.
The Russian Commission on Power Industry has announced the ban in 6 regions of Caucasus. This also includes the disputed territories that were taken over by the forces in Ukraine.
The announcement also says that there is a plan to ban three areas in southeastern Siberia near Lake Baikal for six years during extreme winters.
Elden Ring Company Still Thinking About Sony’s Buyout Offer
The parent company of Elden Ring studio, Kadokawa, has confirmed receiving Sony’s offer for the buyout; however, they haven’t made any decision yet.
On November 19th, Reuters reported that Sony is buying Kadokawa and also taking on the famous Elden Ring game under the company’s subsidiary studios FromSoftware.
The shares of Kadokawa increased rapidly after this report. After that, the CEO of Kadokawa Takeshi Natsuno confirmed the report in a note.
Aptos (APT) Rallies After Launching Emoji Coin Platform
Aptos (APT) followed the expansion track of other altcoins, rising by more than 12% in 24 hours. Aptos is an independent L1 chain that is on the lookout for its super-app.
The Aptos (APT) rally took the native token near the highest levels in the past month. APT rallied to a local peak of $13.20, following a new crypto trend of user-generated assets. APT later retreated to $12.28. The token is seen as one of the candidates for a new all-time high, as it has previously peaked above $18. In the
China Suspends CBDC Czar Implicated in Crypto Corruption Allegations
After extended investigations, Yao Qian, former director of the Science and Technology Supervision Department of the China Securities Regulatory Commission, was expelled from the party and removed from office for using the digital yuan in quid-pro-quo interactions.
China has chosen to expel Yao Qian from public office and seize his illegal gains. The investigation revealed that he was involved in several acts of corruption, including using the digital yuan illegally. His behavior is an early ba
Visa Launched B2B Connect in Qatar After DLT Regulations Clarification
The Vice President and Country Manager of Visa for Qatar and Kuwait, Shashank Singh, recently announced in a local newspaper interview that the recent Qatar DLT regulations have allowed Visa to offer its B2B connect solution which is built on DLT (Distributed Ledger Technology).
The Visa B2B Connect uses technology that draws on new digital tools such as Distributed Ledger Technology (DLT) and tokenisation.
In the interview, he noted that the Qatar Central Bank’s recent blockchain regulation h
Argentina’s Economic Genius President Javier Milei Loves Bitcoin. What’s Stopping Him From Making...
Javier Milei has exploded onto the global stage as a libertarian icon. The President of Argentina, infamous for calling central banks “scams” and branding politicians “parasites,” is also Bitcoin’s loudest political fan, second only to El Salvador’s Nayib Bukele.
He sees Bitcoin as freedom—an untouchable, decentralized currency immune to the manipulations of the state. But for all his loud crypto preaching, Argentina isn’t waving a Bitcoin flag just yet. It’s not legal tender. The question is,
DOGE and XRP Flip Bitcoin Trade in Some Parts of Asia
The long-awaited 2024 bull run kicked off after Trump won the November elections, with Dogecoin (DOGE) and XRP taking the lead in regions outside America. On-chain data from CoinGecko shows DOGE and Ripple’s XRP have flipped Bitcoin in parts of Asia, starting with South Korea.
Data shows that trading volume in XRP and Dogecoin (DOGE) is much higher than that of Bitcoin (BTC) on South Korean crypto exchanges such as Upbit and Bithumb. The market frenzy in South Korea has helped spike the prices
Final Fantasy 14 Goes Mobile With Lightspeed Studio and Square Enix At the Helm
Square Enix and Tencent’s Lightspeed Studio revealed that Final Fantasy 14 will soon arrive on mobile. The MMORPG game is set to launch with nine playable job classes when launched with a global release to come after the completion of play tests in China.
Final Fantasy 14 was developed by Square Enix and released in September 2010. The MMORPG game initially failed before turning it into a cultural classic in gaming circles. By 2024, the game had become the most profitable game in the franchise,
Rich Dad Poor Dad Robert Kiyosaki Backs Michael Saylor’s $13 Million Bitcoin Prediction
Author and financial educator Robert Kiyosaki affirmed Michael Saylor’s prediction in September that Bitcoin will hit $13m in 21 years. He told his followers on an X post that Bitcoin is the best investment one could make to become a millionaire.
Bitcoin continues to build optimism as more people come out to encourage investing in the digital asset. In the last 24 hours, Bitcoin has reached a high of $94,000. Trump’s win set the premier crypto on a bullish trajectory, which has increased confid
Local South Korean Government Threatens Liquidation of Tax Defaulters’ Exchange-held Crypto
South Korean officials have seized digital assets worth 124 million won (about $90,000) from about 17 individuals. Tax officials in the jurisdiction notified the alleged defaulters of their pending tax arrears and warned that they could sell their digital assets if they failed to pay their taxes by the end of November.
A local government in Paju City, the Gyeonggi Province of South Korea, has warned 17 individuals that it will sell their digital assets if they fail to pay their taxes before the
U.K. Inflation Surges to 2.3%, Outpacing Expectations and Fueling Rate-hold Speculation
The UK’s Consumer Price Index (CPI) increased at an annual rate of 2.3% in October after rising by 1.7% in September, according to data released by the Office for National Statistics (ONS) on Wednesday. The October’s rise exceeds the 2.2% forecasted by economists surveyed by Reuters.
Rising inflation clouds prospects for further bank of England rate cuts
The latest inflation reading pushes inflation back above the Bank of England’s 2% target. This could potentially reduce the likelihood of a f
AI16Z, the AI Agent Fund, Surprisingly Ended Up With Two Versions of Its ELIZA Token
The recently trending AI16Z fund ended up with two ELIZA tokens, after another team went for a Pump.fun launch. The fund aimed to turn ELIZA into one of its agentic AI traders, tying its performance to another token.
The AI16Z AI agent fund, mimicking the legitimate crypto fund a16Z, ended up with another case of token confusion. Initially, AI16Z aimed to create several trading profiles, and a new agent with a token attached, ELIZA. However, launching a token is an extremely fast event – and a
Franklin Templeton Makes Bold Prediction for Open-Source AI and Crypto
Franklin Templeton Digital Assets dropped its perspective on open-source artificial intelligence (AI) and its potential in decentralized networks. It suggests that the future of AI might not just be in the hands of a few, but of many.
As of now, the AI ecosystem is dominated by a few major players, like Alphabet, Meta, and Amazon. They have been investing billions to maintain their leadership in this space. A similar adoption can be seen in the crypto market where investors are putting their mo
Michael Saylor to Pitch Bitcoin Treasury Proposal to Microsoft Board Next Month
Michael Saylor, the CEO of MicroStrategy, plans to propose Bitcoin adoption to Microsoft’s Board next month for their corporate treasury strategy. Saylor, one of the biggest advocates for corporate Bitcoin reserves, pitched the idea to Microsoft’s CEO Nadella in October.
Saylor told Nadella that Microsoft would add another trillion dollars in value for its shareholders if it included a Bitcoin reserve to its current $78 billion cash reserve. The Microsoft Board had, however, advised the compan
US Treasury Warns Against Using All Cross-border Payment Systems That Don’t Align With Its Standards
The U.S. Treasury is taking a hard line on cross-border payment systems that stray from its standards. Brent Neiman, Assistant Secretary for International Finance, laid it out clearly: any system failing to meet U.S. expectations could destabilize global markets and hurt economic security.
This statement comes as countries, specifically those in the BRICS+ alliance move to create their own payment systems, designed to bypass Western platforms like SWIFT.
Rumble Eyes Bitcoin for Its Balance Sheet, Stock Soars in After-hours Trading
Rumble, a video-sharing platform, is exploring the idea of adding Bitcoin to its balance sheet, prompting significant market activity. The company’s CEO, Chris Pavlovski, asked on X whether the firm should add BTC. The poll attracted many, with the majority saying “Yes.”
Additionally, Rumble Inc (RUM) shares surged by 9% in after-hours trading on Nov. 19, reaching a high of $6.20.
Bitcoin advocates back Rumble’s potential BTC move
Prominent Bitcoin advocates were quick to weigh in. Jack Malle
Cardano (ADA) Decouples From the Altcoin Pack, Nearly Matching Its 8-month High
Cardano’s native digital asset ADA has decoupled from the altcoin pack after a recent price surge. ADA has soared by more than 40% in the last seven days and is up 6% in the last 24 hours. According to Santiment, ADA’s recent price movement is credited to increased whale activity and transaction volume.
Cardano’s ADA has recently stood out against other altcoins by recording impressive gains. The asset has surged by 6% in the last 24 hours, pushing its seven-day gain by 47.47%.
Coinbase, the US’s biggest crypto exchange, announced that it would suspend trading for Wrapped Bitcoin (wBTC) on December 19. The exchange cited regular reviews to ensure listing standards are met. It comes in line with Justin Sun’s gaining influence over the wBTC protocol after BitGo partnered with BiT Global in a joint venture.
This marks a massive delisting move for the largest tokenized digital asset. Launched back in 2019, wBTC tokenizes BTC on Ethereum and other blockchains. It allows Bi
Bitcoin ETF Options Launch, Paving the Way for New Exposure for Investors
On Tuesday, BlackRock launched iShares Bitcoin Trust (IBIT) options trading on the Nasdaq exchange. The ETF options traded 73,000 options contracts within the first hour after listing and immediately ranked among the top 20 most active non-index options.
BlackRock, the world’s largest asset management firm with over $10 trillion, launched iShares BTC Trust (IBIT) options trading on the Nasdaq exchange on Tuesday, November 19th. The options immediately ranked among the top 20 most active non-ind