✦ Pump Science issued a warning on social media regarding a security breach involving their wallet. The company reported that attackers have been issuing additional tokens from the compromised wallet. Pump Science clarified that these tokens were not created by their team and emphasized that the wallet had been breached.
✦ Blockchain payments giant Ripple has announced a significant $25 million contribution to the Fairshake Political Action Committee (PAC) to support pro-crypto candidates in upcoming United States elections.
✦ Recent data from Farside Investors reveals that ARKB experienced a substantial net outflow of $110.9 million yesterday.
✦ Financial documents reveal that Telegram's revenue reached $525 million in the first half of 2024, marking a 190% increase compared to the same period in 2023.
✦ A Massachusetts man, Alan Joseph, was convicted on November 22, 2024, for running an unlicensed money transmission business and laundering money tied to counterfeit goods sales. Sentencing is set for February 24, 2025.
✦ A long-dormant Ethereum address containing $686,793 worth of ETH was reactivated after nine years. The activation was detected by Whale Alert, a blockchain tracking service, at 14:41:35 UTC+8 today.
✦ Dogecoin options hit a record high of $4 billion.
✦ Swan Bitcoin is suing its law firm, Gibson, Dunn & Crutcher, for legal malpractice. Swan claims the firm, initially representing it against Tether, later took Tether as a client, creating a conflict of interest and advising Swan to find new legal counsel.
✦ Texas requires Bitcoin miners to register with state agencies, providing details on location, ownership, and power consumption.
✦ Asian currencies experienced a boost against the U.S. dollar during early trading in Asia, following the nomination of Scott Besant as Treasury Secretary by U.S. President-elect Trump.
✦ Tesla CEO Elon Musk's wealth has reached an unprecedented $348 billion, surpassing his previous record and making him the richest person in the world.
✦ The SEC set a record of $8.2 billion in fines in 2024, driven by a settlement with Terraform Labs, despite a 26% drop in cases to 583.
Malware Alert: The malicious software known as Meeten, which targets attendees of cryptocurrency conferences, has been rebranded as Meetio. This change poses a significant risk to users, as downloading and using the software can lead to data breaches and financial losses.
Tron founder Justin Sun has expressed his willingness to donate a banana artwork to Elon Musk. Sun suggested attaching the artwork to a SpaceX rocket for a journey to Mars and the Moon.
✦ Recent data from Bloomberg Terminal, cited by Trader T, indicates that since November 18, the leading debt holders of MicroStrategy are Vanguard Group and BlackRock.
✦ Recent data shared by X user Rocelo Lopes reveals that the daily trading volume of USDT is nearly double that of Bitcoin and four times that of Ethereum.
✦ Data from Suiscan indicates that the Sui mainnet has experienced a halt in block production for two hours. The most recent transaction was recorded at block height 82,174,771 at 17:15 UTC+8 today.
✦ A whale account has made a substantial acquisition of Solana (SOL) tokens over the past two days. The account purchased 100,000 SOL, valued at approximately $23.86 million.
✦ U.S. prosecutors have charged five individuals involved in a hacking scheme that stole $11 million in cryptocurrency and sensitive information. The group used SMS phishing and SIM-swapping techniques to access the login credentials of individuals and company employees, targeting work accounts and cryptocurrency exchange accounts.
✦ Whale Alert has reported a substantial transfer of 7,000 ETH from an unidentified wallet to Wintermute. This transaction, which occurred just four minutes ago, is valued at approximately $21.83 million.
✦ Recent data reveals that cross-chain transfers to Solana have exceeded $200 million over the past week. Notably, one-third of these funds were transferred using the deBridge cross-chain protocol.
✦ Apple has released an urgent security update to address two zero-day vulnerabilities affecting Mac users with Intel architecture.
✦ A wallet address associated with MtGox has transferred 100 bitcoins, valued at approximately $9.1 million, within the past three hours to two separate addresses: bc1q6wenhtl0pf5g09hvculkdeehwy88nv66jcfqnz & bc1qwcp8duz34e08fwmq4u3uan7fgys3nt00pcrq2c.
✦ Meanwhile, blockchain security company SlowMist has released an update on the DEXX incident as of November 18, stating that over 1,100 theft reports have been received from the community. After removing duplicates, it has been confirmed that more than 900 individuals have fallen victim to the incident, with total losses estimated at $21 million, subject to price fluctuations.
✦ Uniswap's front-end trading revenue has exceeded $100 million, reaching approximately $100.56 million.
✦ Donald Trump Nomination: Former President Donald Trump has nominated Chris Wright as the next Secretary of Energy and announced plans to create a National Energy Council to enhance U.S. energy production.
✦ FTM Blockchain Breach: A major security breach in the FTM blockchain ecosystem impacted the lending project Polterfinance, with hackers stealing $12 million, as reported by SlowMist founder Yu Jian.
✦ Two Democratic senators have called for an investigation into reports that billionaire Elon Musk has engaged in multiple communications with Russian officials, including President Vladimir Putin.
✦ Total market capitalization of stablecoins increased by 2.46% in the past week, reaching $182.489 billion, indicating strong interest and investment in this segment.
✦ Over the past 12 hours, the cryptocurrency market saw $101 million in liquidations, split into $36.54 million in long positions and $64.06 million in short positions.
✦ Trump announces government efficiency task force led by Musk. ✦ Cryptocurrency Market Liquidations: Over the past 24 hours, the cryptocurrency market saw liquidations totaling $495 million, with $347 million from long positions and $148 million from short positions (data from Coinglass).
✦ Meme Coin WIF Security Breach: GoPlus Security reported that the official X account of WIF (@dogwifcoin) has been compromised. A pinned post titled "WIFD Launch" is fraudulent, and users are warned about potential phishing scams.
✦ Gulf oil-producing nations, including Saudi Arabia, UAE, and Qatar, may be purchasing Bitcoin at a sovereign level, with an official announcement expected at the Abu Dhabi Bitcoin Summit on December 9-10.
✦ Federal Reserve Chair Jerome Powell is set to participate in a discussion on November 15 at 4:00 AM UTC+8, marking his first public address since the November FOMC meeting.
✦ The Royal Malaysia Police (RMP), in partnership with Binance, has recovered approximately $1.6 million in ransom funds from a recent high-profile kidnapping case.
✦ Arbitrum announced support for the ERC-7683 standard, designed to offer users a seamless interaction experience across multiple Ethereum chains as if operating on a single chain.
✦ Monitoring by PeckShield revealed that the address associated with the Bunny Finance attacker transferred approximately 1,411.2 ETH (around $4.7 million) to Tornado Cash over the past nine hours.
✦ According to TheBlock, PayPal USD stablecoin has now enabled transfers between Ethereum and Solana networks through LayerZero, enhancing interoperability of digital currencies across blockchain platforms.
✦ The U.S. Department of Justice announced that Daren Li, a dual citizen of China and Saint Kitts and Nevis, pleaded guilty to conspiracy to commit money laundering related to a cryptocurrency investment scam, generating millions in illicit proceeds.
✦ TRX has surged above $0.18, reaching $0.1829, marking an 8.81% increase over the past 24 hours and its highest level since January 2018.
✦ South Korean authorities apprehended 215 individuals involved in a large-scale cryptocurrency investment scam, which deceived approximately 15,000 investors, causing losses totaling around 300 billion Korean won ($213 million).
✦ Ethereum Foundation: Sold 100 ETH for 334,315.7 DAI, marking its first ETH sale since releasing its 2024 report. As of October 31, the foundation held $970.2 million in assets, with $788.7 million in crypto, 99.45% of which is ETH.
✦ Litecoin Holders: Short-term Litecoin (LTC) holders' balances increased by 31% compared to the previous month, according to IntoTheBlock.
✦ UK Economic Data: The UK’s unemployment rate rose unexpectedly, while wage growth slowed, missing expectations slightly. This led to a drop in the British pound to a three-month low against the US dollar and a minor rise in the euro against the pound.