✦ 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.
✦ Ethereum whale selling ETH: A major Ethereum whale has sold 46,853 ETH, converting it to $138.8 million USDC since November 7, at an average price of $2,920 per ETH.
✦ Whale increasing Solana (SOL) holdings: A whale address starting with AA21 significantly boosted its SOL holdings, adding 7,500 SOL on November 11. Since October 22, the whale has accumulated a total of 257,599 SOL, worth approximately $54 million.
✦ Significant Bitcoin movements from Mt. Gox wallet: The Mt. Gox wallet recently transferred 32,371 BTC (about $2.19 billion) to an unknown wallet. Later, this unknown wallet moved 27,871.3 BTC (worth $2.24 billion) to another wallet. Additionally, 2,500 BTC ($200.95 million) were transferred back to the Mt. Gox wallet.
✦ Bitwise CEO Hunter Horsley announced that Solana's market capitalization is approaching $100 billion, currently at $97 billion.
✦ Ethereum's market capitalization has reached approximately $383.09 billion, surpassing Johnson & Johnson, and placing it at the 33rd position in global asset rankings.
✦ Data from Lookonchain shows a significant transfer of USDT to exchanges since November 6, totaling 2.54 billion USDT.
✦ Solana's perpetual contracts have achieved a new milestone in daily trading volume. Over the past 24 hours, the total trading volume for Solana perpetual contracts reached $2.289 billion.
✦ Danish cryptocurrency investors are set to encounter a significant change in their financial landscape with a proposed 42% tax on the paper profits of their digital assets.
✦ Ripple recently executed two significant transactions, transferring a total of 570 million XRP. This move has captured the attention of the cryptocurrency community, as it coincided with a notable increase in the price of XRP.
✦ Bitcoin reached a new high of $75,000 on November 6, causing around $180 million in short liquidations as election-driven volatility pushed BTC past its previous record. According to CoinGlass, total crypto market liquidations in the past 24 hours reached $483.2 million, with Bitcoin accounting for the largest share at $251 million from short positions.
✦ A report released by Scam Sniffer on the X platform reveals that in October, approximately 12,000 individuals fell victim to cryptocurrency phishing scams, resulting in losses totaling $20.2 million.
✦ HaiChao, the co-founder of Rooch Network, reported being robbed at knifepoint by two men in Bangkok, Thailand. The incident occurred near the Babylon Hackerhouse venue, where his mobile phone was stolen.
✦ The city of Lugano in Switzerland has issued its third digital bond, valued at 120 million Swiss francs (approximately $139 million).
✦ Tether postpones product launch: Tether, a leading stablecoin issuer, delayed the launch of a new product by a week. CEO Paolo Ardoino cited the U.S. presidential election as a distraction that might limit public attention on the announcement.
✦ South Korean Supreme Court dismisses Fantom case: The court dismissed an appeal by ex-Fantom CEO Byung-Ik Ahn, citing lack of evidence in a case involving a failed service agreement between SikSin and Fantom.
✦ Solana bridging activity: Data from SolanaFloor shows over $600 million worth of tokens bridged to Solana in October, with over 90% originating from Ethereum, indicating Solana's growing appeal and interoperability in the crypto space.
✦ Tether’s Loan Reserves: Tether's third-quarter 2024 report shows that its secured loans have grown to $6.72 billion, surpassing its "excess" reserves of $6.1 billion.
✦ BlackRock’s Ethereum ETF: BlackRock’s Ethereum ETF now holds 466,274.98 ETH, valued at around $1.17 billion as of November 1, 2024.
✦ High-Profile Real Estate Sale: Evelyn Tao, wife of 3AC co-founder Zhu Su, sold a luxury bungalow in Singapore for S$51 million in October 2024, amid 3AC’s bankruptcy-related legal issues.
✦ A Solana (SOL) whale sold 90,000 SOL for $14.87 million in USDC within 15 hours at an average price of $165, after unstaking 143,700 SOL.
✦ Aurelien Michel, creator of the Mutant Ape Planet NFT, was ordered by a U.S. court to forfeit $1.4 million, pay a $15,000 fine, and served a one-month sentence.
✦ SafePal, a self-custody crypto wallet, will introduce a Telegram crypto wallet with Visa card support in November.
✦ Hack of Andy Ayrey's X Account: Blockchain investigator ZachXBT conducted an initial investigation into the hack of Truth Terminal creator Andy Ayrey's X account. The hacker, who made over $1.5 million by launching multiple meme tokens, appears to be linked to a major FWOG whale.
✦ Tether's New Product Launch: Tether CEO Paolo Ardoino announced on X that the company will launch two new products in November, but he did not provide further details.
✦ Decrease in Bitcoin Addresses: Data from IntoTheBlock shows that the number of addresses holding more than one Bitcoin has decreased to 1,013,120, down from 1,024,437 at the start of the year.
✦ Hashlabs Mining founder Alen Makhmetov announced that Russia will lift its ban on Bitcoin mining starting November 1, but with certain restrictions.
✦ Meta's latest financial report reveals that its metaverse business continues to incur substantial quarterly losses. This loss is slightly lower than the $4.68 billion anticipated by analysts surveyed by StreetAccount.
✦ Cryptocurrency market experienced liquidations totaling $104 million over the past 24 hours. Long positions accounted for $68.13 million of the liquidations, while short positions amounted to $35.45 million.
✦ Google CEO Sundar Pichai has disclosed that more than 25% of new code is currently being generated by artificial intelligence (AI).
✦ Chainlink has announced a significant upgrade to its platform. The upgrade will restructure the core functions of its oracle network into a modular developer platform.
✦ Data from Solscan on October 30 reveals the number of on-chain stakers for various Solana tokens. The BGSOL token has 7,193 stakers, BNSOL has 6,890 stakers, and BBSOL has 4,608 stakers.
✦ DWF Labs has announced a leadership change in its business development department. Lingling Jiang will take over the role