Pulse- Insights by Security Experts

In response to investor Melissa Chen's post about serious journalists from The Wall Street Journal pronouncing 'DOGE' in a professional tone during serious news, Elon Musk remarked that it was 'awesome.'

Blockchain company LAKE, focused on reshaping the global water economy, has raised $12.4 million, with participation from Artaize Invest, EMB Venture Capital, Michel Audeban-Business Angel, and MSM Family Office. Earlier this year, LAKE raised $3 million in private funding, expanded its team, and opened a new operations center in Dubai.

ETH/BTC exchange rate fell to 0.03462, now at 0.03468, marking a 24-hour decline of 3.42% and the lowest point since April 2021.

The Uniswap Foundation revealed its unaudited financial summary up to September 30, 2024, disclosing holdings of $33.83 million in USD and stablecoins, and 610,000 UNI tokens. Funds will be channeled towards grants and operations, with $24.72 million allocated for future grant commitments and $9.11 million designated for operational costs until the end of 2025.

Tether has issued an additional $5 billion USDT over the past five days.

Bitwise Asset Management Inc. has acquired Ethereum staking service provider Attestant to expand its core business offerings, as reported by Bloomberg. While specific terms of the deal were not disclosed, Bitwise's assets under management will reach $10 billion, and Attestant's 11 employees will join Bitwise.

Coinbase announced the acquisition of Utopia Labs to expedite its on-chain payment services, with the Utopia team integrating into Base to enhance Coinbase Wallet's on-chain payment roadmap.

Cardano Foundation released its first financial report detailing $23.77 million in expenditures in 2023, focusing on operations, education, and adoption, with total assets of $478.24 million as of December 31, 2023, primarily in ADA and BTC. The foundation, led by CEO Frederik Gregaard and comprising over 100 employees, collaborates with institutions and regulatory bodies, while Cardano maintains a market cap of $19.2 billion.

Autonomys Network has initiated the first phase of its mainnet, enabling users to stake storage resources via the Space Acres desktop app to secure the network. Concurrently, it launched the 'Space Race' campaign to incentivize contribution of storage and computing resources, offering AI3 tokens upon reaching target goals.

Huma Finance has launched its PayFi network on the Solana blockchain, enhancing its ability to provide global enterprises with low-cost, easily accessible on-chain payment financing solutions. This move is expected to increase Solana's impact in the payments industry, aligning with the growing demand for efficient financial solutions and supporting its collaborations with major companies like Stripe and PayPal.

Crypto AI startup Zero Gravity Labs (0G Labs or 0GL) announced a $40 million fundraising round and a $250 million token purchase commitment from investors, including Hack VC, Delphi Digital, OKX Ventures, Samsung Next, and others. The company did not specify which investors participated in the seed funding or token purchase commitments.

OKX has announced its decision to list ACT (Act I: The AI Prophecy) on its platform, enabling spot trading for the cryptocurrency.

The GMT project has cumulatively destroyed nearly 800 million tokens, accounting for approximately 27% of its current total circulation of 2.9 billion tokens. Previously, there were reports that the project team had repurchased all ununlocked tokens initially allocated to investors and advisors.

Lens announced the launch of its V3 developer preview for the social Lycanthropy network, Lens Network, heralding the migration of existing Lens applications. The testnet is anticipated to go live in Q4, with the mainnet expected by Q1 2025, aiming to provide resilient infrastructure minimizing single points of failure, fostering openness and user ownership.

ETHW saw a net inflow of $13 million while ETHE experienced a net outflow of $5.6 million, and Grayscale ETH registered a net inflow of $2.2 million.

Coinbase officially announced the listing of WIF, with trading now available.

Tether has minted an additional 1 billion USDT on the Tron network, bringing its total issuance on Ethereum and Tron to 8 billion USDT over the past week.

Phantom has alerted iOS users that a recent update led to some apps resetting, potentially resulting in loss of wallet access for those without backed-up recovery phrases. The company, acknowledging a user's claimed loss of up to $1 million, stated it cannot aid in fund recovery without these backups.

HashKey Global has introduced RAY and STX perpetual contracts, enabling 24/7 trading with USDT as the settlement currency. The contracts offer up to 10x leverage, settle every 8 hours, and have a funding fee cap of +0.75%/-0.75%.

In a detailed discussion, Solana Labs co-founder Anatoly Yakovenko elaborated on the challenges and solutions concerning Solana's transaction processing and competitive stance in the crypto market, highlighting execution as the main differentiator and key to success. He emphasized the importance of optimizing engineering challenges to improve user experience and ensure competitiveness with established platforms like Apple and Google.

Bitget announced the launch of its USDT-based PEAQ perpetual contracts, offering leverage up to 20x, with strategy trading also made available.

Coinbase CEO Brian Armstrong criticized the U.S. Department of Justice's investigation into cryptocurrency prediction market Polymarket, suggesting on social media that the actions are politically motivated and could inadvertently boost Polymarket's influence. The ongoing probe reportedly includes the search of electronic devices belonging to Polymarket's CEO, Shayne Coplan.

Litecoin stated that, given the current market conditions, it recognizes LTC as a meme coin.

The Echelon Prime Foundation announced on November 12 that the founding team of blockchain game Parallel has extended their token unlocking period to 10 years, with 10% of the tokens released annually under professional management, instead of the founders handling them directly.

Bithumb, South Korea's second-largest cryptocurrency exchange, announced the addition of ALT and Swell Network (SWELL) trading pairs with the Korean Won. Trading for these pairs is set to commence at 15:00 on November 14.

The FBI searched the New York residence of Polymarket founder Shayne Coplan as part of a joint investigation with the Southern District of New York U.S. Attorney's Office, exploring allegations that Polymarket operated as an unlicensed commodities exchange in violation of a prior settlement.

Decentralized AI infrastructure platform Gaia has announced a partnership with AI platform Vana to develop a powerful, exclusive AI agent. Further details will be revealed at the EFDevcon conference on November 13.

Circle announced that its USD stablecoin, USDC, will soon be supported on Uniswap Labs' new DeFi-oriented Layer 2 solution, Unichain.

BNBChain has received a $10 million investment in cloud service credits from Google Cloud to aid the development of projects within its MVB program. Over 40 projects can apply for up to $350,000 each in credits for AI and cloud computing endeavors.

Turbos.Fun, launched by Turbos Finance, concluded its initial phase with around 2,000 projects issued and top 100 projects receiving incentives, excluding NSFW content. The TURBOS token saw a 77.9% increase over the past week, and Wave 2 activity runs until November 19, offering promotion and a $3,000 Nextmate.AI growth voucher to top-performing projects.

Nano Labs, a cryptocurrency mining chip design firm, has announced via Cointelegraph that it now accepts Bitcoin for its products and services through a business account on Coinbase, resulting in a slight increase in its stock price. The company cites growing cryptocurrency adoption, particularly for cross-border transactions, as motivation for this move, though it has not disclosed whether it plans to retain Bitcoin on its balance sheet.

Verde Asset Management, managed by Luis Stuhlberger, disclosed a small Bitcoin position before the U.S. presidential election, as per a client report. Their main fund fell by 0.18% in October, while managing 33 billion USD in assets, with performance exceeding the Anbima index by over two percentage points.

OKX Ventures has announced its investment in Corn, an Ethereum Layer 2 network designed for Bitcoin applications, highlighting a significant development in the Ethereum ecosystem. Corn, which is built on Arbitrum and integrates Coinbase support, allows BTC holders to access Ethereum's DeFi ecosystem efficiently, and introduces unique features such as BTCN for gas fees and security through Babylon.

Gate's Startup New Coin Mining platform will initiate the second phase of PGC mining on November 12, 2024, with an anticipated annualized return of 730%, allowing users to stake PGC and utilize GT for increased benefits.

Bitget has returned to the UK market, offering compliant crypto services in line with the Financial Promotion Order by partnering with Archax, allowing users to trade over 150 digital assets. CEO Gracy Chen highlighted compliance as central to their global expansion strategy, emphasizing the provision of diverse and reliable digital asset services.

Dogecoin (DOGE) is trading at a 1.5% premium against the Korean Won on major South Korean crypto exchanges Upbit and Bithumb, marking the highest premium in three months; this follows a 78% price increase since Trump's U.S. presidential election victory.

Genius Group, an AI-driven education company, has announced its board's adoption of a 'Bitcoin First' strategy, designating Bitcoin as its primary reserve asset. The board has approved a commitment to allocate 90% or more of its reserves to Bitcoin, planing an initial $120 million investment via ATM, alongside launching a Web3 Wealth Education Series and enabling Bitcoin payments on its Edtech platform.

Boyaa Interactive Holdings has announced that it holds 2,641 Bitcoins at a total cost of approximately USD 142,722,654, averaging USD 54,027 per Bitcoin, and 15,445 Ethereum with a total cost of approximately USD 42,578,110, averaging USD 2,756 per Ethereum.

Following Elon Musk's appointment as head of the new 'Department of Government Efficiency,' Donald Trump's official campaign website has begun selling DOGE-themed T-shirts for $28, featuring Musk and Trump's portraits with a Shiba Inu against an orange Mars backdrop.

Lisk, an Ethereum Layer 2 network, has launched on the mainnet and announced an airdrop plan starting November 21, which will last four months. Users can earn points by completing tasks on the Lisk platform, determining their LSK token airdrop allocation.

ZK International Group (ZKIN) is reportedly planning to accept cryptocurrency payments, including Bitcoin, to enhance transactions with global suppliers, vendors, and customers.

Anti-money laundering firm Notabene has raised $14.5 million in a Series B funding round led by DRW Venture Capital, with participation from Apollo, Nextblock, ParaFi Capital, Wintermute, CMT Digital, F-Prime, Green Visor Capital, Illuminate Financial, Jump Capital, Signature Ventures, and Y Combinator. The startup, facilitating AML compliance for cryptocurrency exchanges, aims to be the 'SWIFT' of crypto transactions and boasts a network of 165 companies, including virtual asset service providers such as Copper, OKX, and Ramp.

Bitcoin's market capitalization has reached $1.74 trillion, reclaiming its position among the top ten global assets, currently standing at seventh. It holds approximately 58.88% of the market share, with a 24-hour on-chain transaction volume of 1.31 million BTC and an increase of 39,965 in wallet addresses.

The ETH/BTC exchange rate dropped to 0.03598, falling below 0.036 and returning to levels seen before Trump's election victory.

HashKey Global has launched perpetual contracts for Act I The AI Prophecy (ACT) and Peanut the Squirrel (PNUT), with USDT as the settlement currency. The contracts feature a notional value of 10, a minimum price increment of 0.00001, and a maximum leverage of 10x, with funding fees capped at ±0.75% and settled every 8 hours.

Market sources revealed that BlackRock has launched its BUIDL Fund across Aptos, Arbitrum, Avalanche, OP, and Polygon.

Robinhood US has relisted Solana, Cardano, and Ripple, and added PEPE to its platform, following the previous removal of SOL due to SEC's security designation.

Wintermute has withdrawn 840.5 billion PEPE, valued at $15.76 million, from several centralized exchanges, including Binance, Kucoin, Kraken, and OKX, over the past hour.