Compiled by: Fairy, ChainCatcher
Important news:
Sun Yuchen joined the Trump family project WLFI as an advisor.
Valour launched the first Dogecoin ETP in the Nordics.
Blockchain payment company Partior completed $80 million Series B financing, with Deutsche Bank participating.
Brazilian congressman officially proposed to establish a national strategic Bitcoin reserve.
Kraken will shut down its NFT marketplace.
Data: Vitalik donated 320 ETH to the crypto think tank Coin Center.
The market value of DOGE token has surpassed Porsche.
“What important events have occurred in the past 24 hours?”
Valour launched the first Dogecoin ETP in the Nordics.
DeFi Technologies subsidiary Valour launched the Valour Dogecoin (DOGE) ETP on the Spotlight Stock Market in Sweden, the first Dogecoin ETP launched in the Nordics. The management fee for the ETP is only 1.9%.
Blockchain payment company Partior completed $80 million Series B financing, with Deutsche Bank participating.
Blockchain payment company Partior completed $80 million Series B financing, with Deutsche Bank (Deutsche Bank) joining as a new investor. This round of financing was initially launched in July 2024, with investors including Peak XV Partners, JPMorgan, Jump Trading Group, Standard Chartered, Temasek, and Valor Capital Group.
Partior was founded in 2021, supported by financial institutions such as DBS Bank and JPMorgan. The company provides real-time clearing and settlement services through a blockchain platform, aiming to solve sequential processing issues in traditional payment systems. Patricia Sullivan, Global Head of Cash Management at Deutsche Bank, stated that the bank plans to join the Partior platform as a euro and dollar settlement bank, being the largest euro clearing bank.
Funds will be used to strengthen Partior's global expansion and develop new features such as intraday and foreign exchange swaps. Notably, Deutsche Bank has been increasing its investment in the cryptocurrency space in recent years, having applied for a digital asset custody license from German financial regulators in June 2023.
The market value of DOGE token has surpassed Porsche.
Supported by Musk and possibly driven by news of a DOGE ETP launch, the market value of Dogecoin has surpassed that of automotive manufacturer Porsche.
According to data from Cointelegraph, as of November 27 (UTC time) at 8:34 am, DOGE's market value has increased by over 175% in the past month, exceeding $57.8 billion, surpassing Porsche's $56.1 billion market value.
Japanese social media giant Line plans to launch 30 blockchain-based mini Dapps early next year.
Japanese social media giant Line plans to launch 30 blockchain-based mini Dapps (decentralized applications) early next year, covering gaming, social, DeFi, and AI chat functionalities, and plans to expand the total to 150 by the end of the first quarter.
This move aims to provide more blockchain services for its 196 million active users, drawing on Telegram's successful experience in Web3 gaming. Line had previously ventured into NFTs but failed to gain traction due to user experience and interface design issues. This time, they will re-energize through blockchain games and practical functions.
Slow Fog: OceansGallerie is suspected of rug pull; users are advised to be vigilant.
Slow Fog issued a security alert, stating that the AI social aggregation platform OceansGallerie on the SUI network is at high risk and suspected of rug pull; users are advised to be vigilant.
Japanese listed company Remixpoint plans to purchase Bitcoin worth $3.27 million again.
Japanese listed company Remixpoint announced it would purchase Bitcoin worth 500 million yen (approximately $3.27 million) again, bringing its total investment in crypto assets to about 3.5 billion yen (approximately $22.92 million). The company plans to complete the acquisition by the end of this year while monitoring the market environment. The company stated that it would disclose information promptly if the new purchase significantly impacts its consolidated performance.
According to previous reports, Remixpoint purchased approximately $5.27 million worth of crypto assets, including BTC, ETH, SOL, and AVAX.
Data: Vitalik donated 320 ETH to the crypto think tank Coin Center.
According to on-chain data, Ethereum co-founder Vitalik Buterin donated 320 ETH (approximately $1.06 million) to the crypto think tank Coin Center.
Kraken will shut down its NFT marketplace.
Cryptocurrency exchange Kraken will close its NFT marketplace to free up resources for upcoming projects. After November 27, 2024, users will be unable to list, bid, or sell NFTs on Kraken's NFT marketplace and can only withdraw assets. The marketplace will be completely shut down by February 27, 2025.
Brazilian congressman officially proposed to establish a national strategic Bitcoin reserve.
A Brazilian congressman officially proposed to establish a national strategic Bitcoin reserve—a Bitcoin Sovereign Strategic Reserve. The plan, called the “Bitcoin Sovereign Strategic Reserve” (Reserva Estratégica Soberana de Bitcoins, abbreviated as RESBit), aims to diversify the national treasury. According to Brazilian media platform Portal do Bitcoin, Congressman Eros Biondini submitted the proposal on Monday.
According to previous reports, as the price of Bitcoin approaches $100,000, demand and price for Bitcoin exchange-traded funds (ETFs) shares on the Brazilian Stock Exchange surged. The first cryptocurrency ETF, Hashdex, launched on B3 reached a historic high, with net asset value nearing $689 million.
The New York Stock Exchange has applied to the U.S. SEC to list Bitwise Bitcoin and Ethereum spot ETP.
Bitwise announced that the New York Stock Exchange (NYSE Arca) has submitted an application to launch a Bitwise exchange-traded product (ETP) that will simultaneously cover investments in spot Bitcoin and Ethereum, weighted by market capitalization. According to the documents, this ETP will directly hold these two assets.
The launch of this ETP is pending approval of the 19b-4 application and the effectiveness of the S-1 registration statement.
Sun Yuchen joined the Trump family project WLFI as an advisor.
According to the official announcement, Sun Yuchen has joined the Trump family project World Liberty Financial (WLFI) as an advisor. WLFI stated on the X platform: 'Sun Yuchen's insights and experience will help us continue to innovate and grow.' The day before this announcement, Sun Yuchen invested $30 million in WLFI, becoming its largest investor.
“What are the notable articles worth reading in the past 24 hours?”
The co-founder of 'Little Fox' launches two tokens, sparking a meme battle between Base and Solana.
At 11:08 am today, MetaMask co-founder Dan Finlay deployed the Meme token CONSENT on the Base network through the AI agent clanker. The token surged to a market value of $4.5 million within 5 minutes and then fluctuated in the $2 million-$3 million range.
Clanker is an AI+social platform-based Meme issuance tool, with an interactive experience similar to the previous makenow.meme. Users only need to @clanker, describe the token's Ticker, content, and image in text, and clanker will automatically deploy the token, with the core difference being that the deployment process is completed by AI.
Bull market opportunities: A super protocol RGB++ that combines topics and strengths in the Bitcoin ecosystem.
Since the beginning of the year, with the '全民打铭文' (National Inscription Campaign) craze, the Bitcoin ecosystem has shown the market's enthusiasm for asset issuance on the Bitcoin ecosystem. However, due to characteristics like non-Turing completeness, achieving Bitcoin scalability is not easy, and various expansion plans are in fierce competition. As Bitcoin approaches $100,000, with an increase of nearly 50% since November, the long-awaited bull market has finally arrived. The subsequent surge in Bitcoin trading volume, along with the consolidation of the Bitcoin ecosystem over the past six months, has prepared it for the influx of market overflow funds. The super protocol RGB++ in the Bitcoin ecosystem, which integrates expectations and fundamentals, has enormous potential for explosive growth.
The court ruled that 'OFAC sanctions on Tornado Cash' are illegal, causing TORN to surge over 10 times.
This morning, Coinbase Chief Legal Officer Paul Grewal posted on X: 'Privacy rights win. Today, the U.S. Fifth Circuit Court ruled that the U.S. Treasury's sanctions against the Tornado Cash smart contract are illegal. This is a historic victory for cryptocurrency and for all who care about defending freedom.' The founder of Uniswap described it as 'immutable smart contracts defeating the Treasury in court.'
After the news broke, the Tornado Cash protocol token TORN rapidly surged, rising from a low of $3.7 to a high of $43 within an hour.
