Original source: Wu Shuo Blockchain

This podcast starts with the investment hotspot of AI Memecoin and the recent surge in ACT. The three guests, defioasis, Maodi and Chen Yiyi, shared their investment experiences and lessons in cryptocurrencies such as ACT. Defioasis made a profit of 2 million RMB in just one week of building a position; Maodi sold his shares before listing on Binance, perfectly missing the opportunity to get rich. In addition, this podcast also includes a discussion of the market logic behind the surge in ACT, an analysis of community popularity, chip structure, and how to evaluate the potential and risks of the Memecoin project. It also shares the guests' personal long-term optimism about ACT and the strategy of adding positions at a low level, the experience of "selling" on GOAT and ACT due to misjudgment, and in-depth insights into Memecoin investment from the perspective of on-chain data analysis.

PANews reported on November 14 that according to monitoring by on-chain analyst @ai_9684xtpa, the price of BOME coin hit a new high since July, and the position of the TOP1 holder sundayfunday.sol also rebounded to US$10.94 million.

He was the largest investor in BOME's fundraising phase, investing a total of 420 SOL (US$67,200). He then sold 530 million BOME in March this year in exchange for 38,300 SOL. He currently still holds 893 million BOME, which was worth US$26.31 million at its peak and shrunk to US$4.65 million at its lowest point in August.

It is worth mentioning that there are no transactions exceeding US$500,000 on the BOME chain. Currently, 76.28% of the tokens are in CEX, of which Binance accounts for 57.44%.

PANews reported on November 14 that according to Bitcoin.com, Herman Gref, CEO of Sberbank, said that current laws prohibit the use of cryptocurrencies as a payment method in Russia and it is unlikely to be allowed in the near future.

Gref clarified at a conference in Moscow that while Russia's new legislation allows the use of digital currencies and cryptocurrencies for international payments, their use in the country is still restricted. He also pointed out that the Russian central bank digital currency (CBDC) - the digital ruble - could be used for global transactions if other countries are willing to accept it.

Odaily Planet Daily News: Nick Hansen, CEO and co-founder of Luxor Technology, said that despite the current relatively positive trend in Bitcoin prices, this effect is not necessarily reflected in the crypto mining industry. This is because the mining economy is affected by a variety of factors other than the price of Bitcoin. Hansen pointed out that in this case, the more relevant indicator to pay attention to is the hash price, which is about $56 at press time. Hansen elaborated that the hash price takes into account the price of Bitcoin, but also includes mining difficulty and transaction fees charged by miners. "In the past 3 months, the hash price has hovered between $40 and $50, compared to about $80 a year ago, which is twice the former." Hansen said this shows that although the price of Bitcoin has been rising, the mining economy is relatively challenging. Jeff LeBerge, director of capital markets and strategic initiatives at Bitdeer Technologies Group (NASDAQ: BTDR), believes that Bitcoin’s record high is definitely a relief, “because increased profitability usually incentivizes more hash rates to come online, and previously unprofitable new miners or less efficient old miners can now be put back into use. As the industry continues to move toward commoditization, efficiency will become increasingly important in the next cycle.” (Cryptonews)

13 rose and 3 fell, with an average increase of 95% in three days, led by Shoggoth (+417%), LUM (+334%) and ai16z (+317%).

Written by Karen, Foresight News

Since Binance announced the launch of AI Meme coin ACT, the AI ​​Meme market has been boiling instantly. In less than three days, the market value of ACT has increased by more than 30 times, reaching a high of US$800 million. At the same time, the market value of AI Meme leader GOAT has also crossed the US$1 billion mark, becoming the first token on the Pump.fun platform to break this milestone.

Given the market’s attention to the low-market-cap AI Meme coin market, we reviewed some of the potential AI Meme coins on Monday ((Unprecedented, Review of Potential AI Meme Coins)). The following is a review of the performance of these AI Meme coins.

PANews reported on November 14 that according to Arkham monitoring, in the past 12 hours, the cryptocurrency trading company Cumberland DRW transferred a total of about 1.35 trillion PEPEs to Robinhood through three transactions, worth about US$26.73 million.

Author: Nancy, PANews

After the US presidential election, Shayne Coplan, the founder of the Polymarket platform who accurately predicted the election results, was suddenly raided by the FBI. This move was responded to as a "political retaliation" and was supported by Musk. At the same time, the Polymarket investigation caused a strong response in the crypto community, and the related MEME coin Free Shayne Coplan (Eagle) also received a lot of funding.

After the FBI raid, Shayne received support from Musk and others, and the Eagle-themed MEME coin became popular

The prediction market platform Polymarket played an important role in predicting the US election this year. It not only attracted a large amount of financial participation, but also accurately predicted the election results and was considered to be better than traditional polls.

Odaily Planet Daily News: According to German media reports, OneCoin scam fugitive, "Crypto Queen" Ruja Ignatova is still alive and currently living in a wealthy area of ​​Cape Town, South Africa. If the news is true, it contradicts the claim that Ignatova was murdered, dismembered and sunk in the Ionian Sea in 2018. German authorities have reportedly been investigating Ignatova and her OneCoin scam accomplices, concluding that she is still alive after finding loopholes in the evidence related to her former security chief. It was previously reported in February 2023 that Ignatova was believed to have been murdered at the behest of Bulgarian drug lord Christophoros Amanatidis. However, German authorities have questioned this theory, pointing to evidence that the alleged killer of Ignatova was detained in the Netherlands at the time of the "murder". It is understood that OneCoin was launched in 2014, and Ruja Ignatova called herself the "Bitcoin Killer", but was later revealed to be a Ponzi scheme and did not establish a token network. Ignatova defrauded investors around the world of $4 billion through this scam until it collapsed and disappeared in 2017. (Bitcoin.com)

A large number of young people are turning financial nihilism into a booming $100 billion market.

By Nina Bambysheva and Steven Ehrlich, Forbes

Compiled by: Luffy, Foresight News

“We’re going to Miami! We’re going to buy Lamborghinis!” Oliver Szmul, a 16-year-old college student from London, croaked, barely able to contain his excitement. It was mid-May, and he had just watched a cryptocurrency called Jail Cat, which he and a few friends had created on a whim a few weeks earlier, soar to $1.9 million almost overnight. A day later, the cat-themed token, which features a tabby cat standing in a line of police officers holding a sign that reads “I chewed up a $3,000 check,” had soared to more than $2.5 million. But soon the excitement wore off, and Jail Cat’s price plummeted; it’s now worth about $87,000.

Odaily Planet Daily reported that John Thune, a Republican senator from South Dakota, was elected Senate Majority Leader in 2025. Thune currently serves on the Senate Finance Committee, which is responsible for taxation and revenue. He co-sponsored a 2022 cryptocurrency bill called the Digital Commodity Consumer Protection Act (DCCPA) with New Jersey Democratic Senator Cory Booker, Michigan Democratic Senator Debbie Stabenow, and Arkansas Republican Senator John Boozman, which aims to provide a legal definition for digital commodities and bring their transactions under the supervision of the Commodity Futures Trading Commission (CFTC). In addition, he also supports the repeal of accounting rules SAB 121 for crypto assets and promotes regulatory reforms in the crypto industry. Senate Majority Leader and New York Democratic Senator Chuck Schumer also voted in favor of the measure with several other Democrats, including New York Senator Cory Booker and Montana Senator Jon Tester. (The Block)

According to Foresight News, according to IndiaToday, Indian police have arrested SK Masud Alam, a resident of West Bengal, and accused him of participating in the WazirX hacking attack. Police said that SK Masud Alam created a fake account under the pseudonym of Souvik Mondal and sold the account to hackers through Telegram, which was later used to attack WazirX.

Foresight News previously reported that according to PeckShield monitoring, the addresses marked as WazirX attackers have laundered the last batch of 4244.3 ETH through Tornado Cash. So far, these attacker addresses have laundered a total of 61744.3 ETH through Tornado Cash, worth about $163.6 million.

PANews reported on November 14 that according to an official announcement from Bithumb, members of the Korea Digital Asset Exchange Association (DAXA) will terminate trading support for Radiant Capital (RDNT). Since the project foundation did not submit explanatory materials on the reasons for the designation of trading warning stocks, and after reviewing the losses caused by the security incident and the public position of the foundation, it was determined that it did not meet the standards for maintaining trading support, so it decided to stop trading support. Bithumb will end trading support for RNDT at 15:00 local time on December 12, 2024.

It is reported that the Korea Digital Asset Exchange Association (DAXA) is composed of South Korea’s five major crypto exchanges, namely Upbit, Bithumb, Coinone, Korbit and Gopax.