Justin Sun, the founder of Tron, has seized the opportunity presented by the recent surge in Ethereum prices. Following a 29% increase in Ethereum's value due to a significant rise in the overall cryptocurrency market led by Bitcoin, Sun decided to sell a portion of his Ether holdings. Institutional traders, dormant whales, and individual traders like Justin have all taken advantage of the recent price movements. Ethereum is currently trading in the $3,100s range, reaching a peak of $3,240.29 on

ETFSwap (ETFS) has garnered attention from financial analysts for its unique functionality and growth potential. With AI-driven tools for decentralized ETF trading, ETFSwap (ETFS) offers a projected 10,900% ROI, making it an attractive investment option. The platform's compatibility with popular wallets and platforms, along with audits by Cyberscope and SolidProof, adds to its reliability. ETFSwap (ETFS) stands out for its real-world asset-backed ETFs and benefits for altcoin holders, including

Following Binance's announcement of listing two Solana meme coins, ACT and PNUT, for spot trading, both tokens experienced significant price surges. PNUT's market cap rose from $129 million to $447.5 million, while ACT soared by over 2,000%. The coins, inspired by real-life events, gained popularity rapidly. However, ACT's co-founder, Amplifiedamp, expressed discomfort with the project, citing misgendering and misinformation within the community. Amp called for a rebranding of the token and dist

SonicX, a tap-to-earn game on TikTok, has reached 1 million players within a month of its launch. Developer Sonic SVM plans to introduce its token soon. Previously, tap-to-earn games were limited to Telegram due to its mini app launch capabilities and wallet integration. However, Sonic SVM found a way to bring this genre to TikTok, attracting a new audience. SonicX involves tapping on the screen to earn points within a mini app on TikTok, resembling Sonic The Hedgehog. The game's success is attr

Russian President Vladimir Putin has suggested the creation of a digital asset platform within the BRICS bloc to enhance investment in emerging economies in South Asia, Africa, and Latin America. This initiative aims to introduce new channels for capital in high-growth regions. Putin proposed the establishment of a unified digital asset system among BRICS countries to facilitate electronic payments and attract investments in developing markets. He emphasized the platform's potential to drive eco

Lawyers representing Alex Mashinsky, the ex-CEO of Celsius, are unsuccessful in their attempt to dismiss charges of commodities fraud and price manipulation of the CEL token. The US District Court for the Southern District of New York denied the motion, leaving seven counts for trial in January 2025. Mashinsky's defense argued that the charges were inconsistent and lacked clarity. They also requested to exclude information about Celsius' bankruptcy from the case, which the judge postponed ruling

Hive Digital, a Bitcoin (BTC) miner, is enhancing its infrastructure by constructing facilities in Paraguay, its fourth operational country. The Canadian miner, listed on Nasdaq, has acquired 6,500 Canaan Avalon A1566 ASICs for delivery between December 2021 and March 2025. The initial 500 ASICs arrived in November, with more shipments scheduled until the first quarter of 2025. This upgrade will increase Hive Digital's hashrate from 5.6 EH/s to 6 EH/s by March. Following the ASICs delivery, 30 M

Shares in China-based crypto mining chip designer Nano Labs saw a slight rise after the company announced its decision to accept Bitcoin as payment for goods and services through a Coinbase business account. The Huangzhou-based chip maker, listed on the Nasdaq, stated that this move reflects its commitment to embracing the latest financial technology trends, especially with the growing demand for digital currency transactions in the tech sector. By adopting Bitcoin, Nano Labs aims to offer great

The DeltaPrime protocol was recently exploited for $4.8 million in digital assets, contributing to the increasing number of crypto hacks in 2024. This incident involving the DeFi liquidity protocol led to the theft of Arbitrum (ARB) and Avalanche (AVAX) tokens. The exploit, currently being investigated, began with the exploiter providing liquidity to the protocol, as reported by PeckShield. In response, the DeltaPrime team halted the protocol on both the Arbitrum and Avalanche blockchains. This

Alameda Research has initiated legal action against Waves founder Aleksandr Ivanov in an attempt to recover $90 million in digital assets. The lawsuit alleges that Ivanov artificially inflated the value of Waves tokens. This legal move is part of Alameda's broader strategy to recoup funds from various entities, following the bankruptcy of FTX exchange and its subsidiaries. The collapse of FTX led to significant losses for users and investors, with the exchange's CEO, Bankman-Fried, facing crimin

DWF Labs has collaborated with the University of California, Los Angeles (UCLA) on an educational project focusing on tokenized securities. The partnership will be highlighted in an upcoming book, The STO Financial Revolution, led by UCLA faculty member Alex Nascimento. DWF Labs aims to enhance institutional knowledge of tokenization and STOs. The RWA tokenization sector, where financial instruments are minted on the blockchain ledger, is predicted to grow significantly by 2030. Recognizing bloc

Agora, a stablecoin company, has introduced its AUSD stablecoin as the native currency for Polygon’s AggLayer, a crosschain settlement network, to facilitate multichain transactions using a stable, fiat-backed asset. This partnership aims to streamline liquidity for developers and end-users in the AggLayer community by eliminating the need for token bridges. Agora, co-founded by Nick van Eck, Drake Evans, and Joe McGrady, has institutional-grade stablecoin AUSD backed by custodians like State St

Near Protocol has introduced a cutting-edge crosschain AI agent that can swiftly launch memecoins and facilitate web purchases with fiat. The NEAR.AI Assistant, unveiled by co-founder Illia Polusukhin, showcased its prowess at the Redacted conference in Bangkok. This innovative technology allows users to effortlessly book flights, order food, and even create custom merchandise websites. Near's unique chain abstraction technology, Intents, enables seamless asset swaps across various blockchains.

The ENS token experienced a significant surge of over 10% following the announcement of ENS Labs' new Ethereum layer 2 solution, Namechain. Namechain, unveiled at the 'frENSday' conference in Bangkok, aims to streamline blockchain identity registration at reduced costs through rollups. Working alongside ENSv2, Namechain simplifies name registration, record updates, and decentralized website management. Vitalik Buterin, Ethereum's co-founder, is a prominent user of ENS, with his Ethereum address

Business intelligence firm MicroStrategy has seen its Bitcoin holdings soar above $20 billion as Bitcoin surged past $80,000. With 252,200 Bitcoin now valued at $20.54 billion, the company has gained over 104% on its Bitcoin investment. MicroStrategy, led by Michael Saylor, has acquired Bitcoin 42 times at an average cost of $39,292. It remains the largest corporate Bitcoin holder, followed by Marathon Digital and Riot Platforms. MicroStrategy aims to raise $42 billion for more Bitcoin under its

The WalletConnect Foundation and Reown have collaborated to introduce WalletGuide, a detailed manual on crypto wallets, and WalletConnect Certified, a set of UX standards to promote better design and interfaces in blockchain wallets. Currently, 19 wallets, such as Binance Web3 Wallet, SafePal Wallet, and MetaMask, have received the WalletConnect certification. Pedro Gomes, the director of the WalletConnect Foundation, highlighted the evolving criteria for certification, aiming to address user ne

Renowned director Ridley Scott has shifted his perspective on artificial intelligence, recognizing its potential benefits in the film industry. In a recent interview, Scott expressed his newfound appreciation for generative AI as a cost-effective tool that can revolutionize creative processes such as animation. Previously wary of AI's implications, Scott now views it as a valuable asset for reducing production expenses and enhancing artistic possibilities. This change of heart marks a significan

In the world of cryptocurrency today, Elon Musk expressed support for ending the Federal Reserve Bank, while Edward Snowden criticized Solana for its heavy venture capital funding. Musk endorsed a call to increase oversight of the Federal Reserve Bank, suggesting it needs more scrutiny from the Executive Branch. Snowden, speaking at a conference in Bangkok, highlighted the impact of venture capital on blockchain projects, using Solana as an example. He cautioned that excessive financial backing

The Crypto Fear and Greed Index, measuring market sentiment for Bitcoin and other cryptocurrencies, reached its highest level of 'greed' in almost seven months on Nov. 10 as Bitcoin surpassed $81,000. With a score of 78 out of 100, placing it in the 'Extreme Greed' zone, this is the highest level since April 12. Bitcoin entered the 'Extreme Greed' zone on Oct. 31 and has maintained a score between 70 and 78. Despite hitting a new all-time high of $81,358 on Nov. 10, Bitcoin has slightly decrease

Unpaid royalties are significantly impacting artists' earnings worldwide, with the music industry facing a fundamental problem in royalty calculations and payments. Limp Bizkit's lawsuit against Universal Music Group sheds light on intentional royalty concealment, highlighting the dire situation for both established and emerging artists. The root cause lies in metadata discrepancies across various databases, leading to missed payments and inaccurate crediting. Blockchain technology emerges as a