Coinbase Chief Legal Officer: FDIC is Pressuring Banks to Cease Cryptocurrency Services
Foresight News reports, according to DL News, Coinbase Chief Legal Officer Paul Grewal stated that the Federal Deposit Insurance Corporation (FDIC) is pressuring banks to cease cryptocurrency services. Paul Grewal mentioned that documents obtained through the Freedom of Information Act revealed a series of 'suspension letters', in which the FDIC instructed banks to delay or stop providing services to cryptocurrency companies.
Paxos plans to release the first attestation report for the stablecoin USDG this month
Foresight News reports that Paxos is expected to release the first attestation report for the Singapore compliant stablecoin USDG, launched in collaboration with DBS Bank, this month. Paxos states that the attestation report will be issued by the independent third-party accounting firm Enrome LLP, and the review will be conducted based on the standards set by the Singapore Institute of Chartered Accountants. Furthermore, subsequent attestation reports will be released monthly to ensure that financial data is completely transparent and reliable.
A trader spent 10 SOL to buy Pnut the day before yesterday, realizing a profit of approximately 272,000 USD
Foresight News reports that on-chain data shows a trader spent 10 SOL to buy Pnut the day before yesterday, and has sold part of the Pnut for 1666.74 SOL, realizing a profit of approximately 272,000 USD. Currently, the Pnut they still hold can be exchanged for 446.21 SOL, worth about 72,000 USD.
Polymarket's Trump's chances of being elected president dropped to 56.6%, while Harris's chances rose to 43.6%.
According to Foresight News, according to data from the forecasting website Polymarket, Trump's probability of winning the US presidential election has dropped to 56.6%, and Vice President Harris' probability of being elected has risen to 43.6%.
Terra Luna Classic community approves the proposal for 'Implementing a Simplified Tax Processing Procedure'
Foresight News reports that the Terra Luna Classic community has approved the proposal for 'Implementing a Simplified Tax Processing Procedure' with a support rate of 93.43%. This proposal aims to simplify the tax system on the Terra Classic chain. The Reverse Charge mechanism will allow taxes to be deducted directly from the transaction amount before being credited to the recipient's wallet, thus eliminating the need for DApp and interface developers to engage in complex tax management.
Musk: The Republican Party is expected to achieve significant victories in Pennsylvania
Foresight News report, Musk tweeted that the Republican Party is expected to achieve significant victories in Pennsylvania. The gap between 2024 and 2020 has exceeded 600,000, approaching 10% of the total number of voters.
A certain whale spent 9,600 SOL to buy Pnut and FRED 6 hours ago, worth approximately 1.56 million USD
Foresight News reports that according to Lookonchain monitoring, a certain whale spent 9,600 SOL to buy Pnut and FRED 6 hours ago, worth approximately 1.56 million USD. The whale spent 5,100 SOL (about 831,000 USD) to purchase 8.99 million Pnut at a price of 0.092 USD, and spent 4,500 SOL (about 736,000 USD) to buy 69.88 million FRED at a price of 0.01 USD. The 3 wallets associated with this whale currently hold a total of 484,303 SOL, worth approximately 7.894 million USD.
Base chain US election-themed Meme project RBP.fun releases RBP airdrop plan
According to Foresight News, the Meme project RBP.fun on the Base chain will airdrop RBP tokens to Playmarket users and holders of concept coins related to the US election (such as TRUMP, MAGA, and PEOPLE). After receiving the airdrop, users can participate in the red and blue staking pool quiz, predict the results of the US presidential election, and win staking rewards.
RBP.fun is a project based on the concept of red and blue pills, driven by the community memetic.
A certain whale deposited 15,000 ETH to Kraken half an hour ago, worth approximately 36.7 million USD
Foresight News reports that on-chain analyst @ai_9684xtpa monitored that a certain whale deposited 15,000 ETH to Kraken half an hour ago, worth approximately 36.7 million USD, suspected of selling off. This address has transferred a total of 85,000 ETH to exchanges this year, with an average price of 2,953 USD, totaling about 250 million USD. If sold, it would yield a profit of 117 million USD. Currently, the address still has 11,639 ETH left.
Former SEC Official: Issuing Wells Notice to Immutable Without Thorough Investigation Is Risky
According to Foresight News, former SEC official Marc Fagel expressed concerns regarding the agency's recent Wells notice to Immutable. Marc Fagel stated that it is uncommon for the SEC to issue such notices without first conducting a thorough investigation, indicating that such a practice may be 'risky'. Companies typically undergo several months of interviews or communications before receiving a Wells notice.
Foresight News previously reported that Immutable has issued a statement indicating that it has received a Wells notice from the U.S. SEC.
Data: 219 million USD liquidated across the network in the past 24 hours, with long liquidations of 201 million USD
Foresight News reports that according to Coinglass data, the total liquidation across the network in the past 24 hours is 219 million USD, with long liquidations amounting to 201 million USD and short liquidations totaling 17.67 million USD. Among them, Bitcoin liquidations reached 45.73 million USD, and Ethereum liquidations amounted to 24.21 million USD.
Cosmos developer sold 3,500 ETH 8 hours ago, worth approximately 8.72 million USD
Foresight News reports that on-chain analyst Yu Jin has monitored that the Cosmos developer Interchain Foundation sold 3,500 ETH 8 hours ago, worth approximately 8.72 million USD. Currently, Cosmos developers still hold 383.8 BTC and 20,087 ETH, worth approximately 76.68 million USD.
Two Ethereum Researchers Resign from EigenLayer Advisory Positions
Foresight News reports that two Ethereum researchers, Justin Drake and Dankrad Feist, have resigned from their advisory positions at EigenLayer to focus on the core Ethereum network. Justin Drake stated that he stepped down from the position in September. "I want to apologize to the Ethereum community and my colleagues at the Ethereum Foundation for the confusion I caused. In hindsight, this was a bad move for me." Dankrad Feist mentioned, "Eigenlayer is a great project, and I hope it continues to serve as a valuable complement to Ethereum in many ways. But there is still a lot of important work to be done in Ethereum, and I will concentrate all my efforts on completing that work." Previously, they sparked controversy for their roles as advisors at EigenLayer, with the community pointing out that they received large amounts of Eigen tokens.
Foresight News reports that according to Bitget market data, Bitcoin has fallen below 69,000 USDT, currently priced at 68,975.91 USDT, with a daily decline of 0.56%.
Radiant Capital Restores Lending Market on Base Network
Foresight News reports that the lending protocol Radiant Capital tweeted that after successfully restoring the lending market on the Ethereum mainnet this week, the lending market on the Base network has also been restored and is fully operational. The delay was due to the need for additional transactions after activating the time lock, which involved transferring the emergency administrator role to a new multi-signature. This multi-signature is now operational, used only for emergencies, with its authority limited to pausing and resuming the market when necessary.
Foresight News previously reported that Radiant Capital announced its lending market on the BNB Chain and Arbitrum network was hacked, resulting in a loss of approximately $58 million.
A user spent 11 SOL to buy 19.1 million Pnut and then sold them, missing out on over 1.6 million USD in returns.
Foresight News reported that, according to Lookonchain monitoring, a user spent 11 SOL (approximately 1882 USD) to buy 19.1 million Pnut, and then sold them at a loss for 4.57 SOL (783 USD). Currently, these Pnut are worth over 1.6 million USD.
Robinhood EU Supports DOGE Token Transfers and Deposits
Foresight News reports that Robinhood Crypto EU has announced support for DOGE token transfers and deposits, with users depositing before November 30 receiving a 1% deposit bonus.
HashKey Global: Has submitted VARA license application and is preparing for European license
Foresight News reports that at the TON Gateway 2024 conference held in Dubai, Ben El-Baz, Managing Director of licensed exchange HashKey Global, announced that HashKey Global has submitted a license application to the Dubai Virtual Assets Regulatory Authority (VARA) and will soon disclose the latest developments. The exchange is also advancing preparations for a European license. Ben stated that since launching six months ago, HashKey Global has benefited from rapid growth in its contract business, ranking 7th in the global exchange rankings on CoinGecko, making it one of the fastest-growing exchanges in the world.
Okta Fixes Serious Security Vulnerability: Usernames Longer Than 52 Characters Can Bypass Login Authentication
Foresight News reports that the Chief Information Security Officer of Slow Fog, 23pds, stated, "Okta allows any username longer than 52 characters to bypass login!"
According to an announcement by identity and access management software provider Okta, "On October 30, an internal vulnerability was discovered during the generation of cached keys for AD/LDAP DelAuth. The Bcrypt algorithm is used to generate cached keys, where we hash the combination string of userId + username + password. Under certain conditions, this can allow users to authenticate simply by providing a previously successfully authenticated stored cached key to the username. The prerequisite for this vulnerability is that each time a cached key is generated for a user, the username must be equal to or exceed 52 characters. The affected products and versions are Okta AD/LDAP DelAuth as of July 23, 2024, and this vulnerability has been resolved in Okta's production environment on October 30, 2024."
Web3 game development company Midnight will launch the MMO game The Evergreen on Aptos
Foresight News reports, according to Decrypt, that the Web3 game development company Midnight will launch the MMO game (The Evergreen: Midnight Market) on Aptos on November 13. The game will be available on the web, mobile, and Telegram, and is developed in collaboration with the Aptos Foundation, focusing on a game centered around risk and reward.