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@baraded

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@baraded
Bitcoin Approaches $100,000 Amid Optimism for Trump's Crypto Policies Bitcoin is nearing $100,000, recently reaching $99,502.92, driven by optimism surrounding President-elect Donald Trump’s crypto-friendly policies. This surge marks a 48% increase since the November 5 election results. Trump has shifted from dismissing Bitcoin to advocating for crypto, hinting at a national Bitcoin reserve and forming an advisory council. The resignation of SEC Chairman Gary Gensler has further boosted market confidence, while altcoins like Ethereum and XRP also see significant gains
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Mastercard and JPMorgan Partner for Faster Cross-Border Payments Mastercard has partnered with JPMorgan's Kinexys to enhance cross-border business payments through its Multi-Token Network. This collaboration aims to streamline B2B transactions, offering quicker settlements and improved transparency. By integrating their blockchain systems, businesses can use a single API for efficient international payments. Kinexys focuses on real-world asset tokenization, and together, they hope to transform digital global commerce and automate foreign exchange transactions by early 2025
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B2C2 Issues First On-Chain Corporate Bond on Ethereum B2C2, an institutional crypto liquidity provider, has issued its first on-chain corporate bond in partnership with PV01, a debt capital markets firm co-founded by B2C2's founders. The bond, tokenized on the Ethereum blockchain and denominated in USDC, will have its entire lifecycle managed on-chain. This landmark transaction aims to streamline debt issuance, reducing reliance on intermediaries and paving the way for traditional companies to issue debt on blockchain. Advocates believe tokenized bonds can enhance transparency and lower costs in capital markets
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U.S. Commission Calls for Manhattan Project-Like Initiative for AI Development A bipartisan U.S. congressional commission has proposed a Manhattan Project-style initiative to advance artificial intelligence amid intensifying competition with China. The US-China Economic and Security Review Commission recommends Congress establish a program focused on developing artificial general intelligence (AGI), which could outperform human capabilities. The report emphasizes the need for public-private partnerships and prioritizing AI projects
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Surviving the 2024 Crypto Bear Market: Binance's Success Strategy In the mid-2024 bear market, investors face significant challenges. Binance, with over 225 million users, has thrived due to its selective listing strategy and quality-focused approach. Launching only 44 tokens this year, Binance achieved the best returns among exchanges, emphasizing projects with solid business logic and user demand. The platform also offers rich financial products like Launchpool, allowing users to earn airdrops and passive income, while consistently prioritizing user needs
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Gemini Expands into France Amid Rising Crypto Interest Gemini has officially launched its platform in France, allowing users to deposit, trade, and store over 70 cryptocurrencies. The exchange supports local payment methods, including EUR and GBP, and offers options like debit cards and Apple Pay. This move aligns with France's growing appeal as a crypto hub, bolstered by a supportive regulatory environment and increasing crypto ownership. With the EU's upcoming MiCA regulations, Gemini aims to strengthen its presence in Europe, paving the way for future expansions across the bloc
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Thala Protocol Recovers $25.5 Million After Exploit The Aptos-based decentralized protocol Thala was exploited on Friday, resulting in a loss of approximately $25.5 million from its liquidity pools. Fortunately, Thala negotiated with the hacker, securing the return of the funds in exchange for a $300,000 bug bounty. Affected users will be made whole, but all contracts and the Thala frontend will remain paused until security is confirmed. The hacker returned the funds without extensive negotiation, marking a fortunate recovery for the protocol
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Google Removes EU News Articles from Search in Limited Experiment Google has begun a significant experiment by temporarily excluding news articles from EU publishers in its Search platform for 1% of users in nine countries, including France and Spain. This trial aims to assess the impact on traffic and user experience, responding to requests from EU regulators for data on news content's effects. While non-EU content will remain visible, this move could signal Google's warning to publishers about their reliance on the platform
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Malaysia and TikTok Collaborate on Cyber Safety Measures Prime Minister Anwar Ibrahim announced that TikTok has committed to working with Malaysia's Communications Ministry and Bank Negara to tackle cyberbullying, scams, and slander on its platform. This follows a meeting with TikTok CEO Shou Zi Chew, where they discussed a proposed regulatory framework requiring platforms like TikTok to obtain licenses and follow stricter guidelines for user safety. TikTok also plans to expand investments in Malaysia and support the country's upcoming ASEAN chairmanship
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Trump Appoints Musk and Ramaswamy to Lead New Government Efficiency Department Pro-crypto President-elect Donald Trump is establishing a Department of Government Efficiency, led by Elon Musk and Vivek Ramaswamy. The department aims to streamline government operations, cut regulations, and reduce waste. Musk, a known Dogecoin advocate, has pushed for a cost-cutting initiative dubbed "DOGE." Ramaswamy plans to crowdsource examples of government inefficiency. As of November 13, Dogecoin is the sixth-largest cryptocurrency reflecting its strong presence in the meme-driven market
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Chinese Official Sentenced to Life for Selling State Secrets A Chinese public servant, identified as "Wang Moumou," has been sentenced to life in prison for selling state secrets to a foreign intelligence agency after accumulating significant debts from failed cryptocurrency investments. The Ministry of State Security (MSS) revealed that Wang sought part-time work online and was later recruited by a foreign agent. Initially sharing minor internal information, his greed led him to provide top-secret data for over 1 million yuan ($138,000) in virtual currency
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Vatican Unveils AI-Enhanced St. Peter's Basilica The Vatican has partnered with Microsoft to create a digital replica of St. Peter's Basilica, enhancing conservation efforts ahead of the 2025 Holy Year Jubilee. This project features an interactive website and AI-driven exhibits, utilizing drones and lasers to capture over 400,000 images. Microsoft president Brad Smith called it a groundbreaking endeavor for preservation. Pope Francis emphasized ethical AI use, advocating for technology that aligns with human values, highlighting the project's potential to bridge the past and future
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Stacks Founder Hints at Upcoming sBTC Launch Founder of Stacks announced that the network's sBTC token could launch as early as December. This upgrade aims to address Bitcoin's "write problem," enabling smart contracts to send sBTC to Bitcoin addresses. Stacks promotes sBTC as a decentralized alternative to wrapped Bitcoin versions like wBTC, arguing it aligns better with Bitcoin's ethos. The sBTC token will facilitate more efficient decentralized finance applications, enhancing Bitcoin's overall value and utility. Further upgrades are expected in January and beyond.
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Dua Lipa Explores Singapore's Culinary Delights Before Concert Days before her concert on November 5, Grammy winner Dua Lipa was spotted enjoying local delicacies in Singapore. On November 4, she shared a selfie, expressing excitement for her Asia tour and asking for food recommendations. She visited Maxwell Food Centre, indulging in chicken rice, laksa, and more, posting about her culinary adventures on Instagram. Lipa also explored cultural sites, including the Sri Senpaga Vinayagar Temple. After Singapore, she heads to Jakarta on November 9, continuing her Asian tour.
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BlackRock’s Bitcoin Trust Sees Record Inflows Post-Election BlackRock’s iShares Bitcoin Trust (IBIT) recorded a record net inflow of $1.12 billion, surpassing its previous high of $872 million from October 30. This surge follows a historic day for spot bitcoin ETFs, which saw over $4 billion in trading volume. Analysts attribute the inflows to strong investor confidence boosted by Donald Trump's election victory and recent federal interest rate cuts. Overall, U.S. spot bitcoin ETFs totaled $1.38 billion in daily net inflows, reflecting growing institutional interest in crypto
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MemeFi Airdrop Delayed Again, Now Set for November 22 MemeFi has postponed its token airdrop for the third time, rescheduling the listing on OKX for November 22. Originally planned for October 9 and then November 12, the delay aims to allow for further development and legal preparations. The final snapshot for token distribution will be taken on November 15. Despite community backlash and concerns about professionalism, the team hopes this will ensure a smooth launch. Trading for the $MEMEFI/USDT pair will begin at 1:00 PM UTC on the listing date
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Hamster Kombat Faces Severe Decline Amid New Competition Once a leading tap-to-earn game on Telegram, Hamster Kombat has plummeted from 300 million users in August to just 41 million active monthly players by November 5, marking an 86% drop. The rise of Paws, a new Mini App on Telegram with 20.5 million users in its first eight days, has contributed to this decline. Hamster Kombat’s HMSTR token price has fallen nearly 70% since late September, reflecting reduced engagement. While the game faces scrutiny from officials, Paws continues to gain traction rapidly
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Musk's $1M Giveaways Called a Scam Elon Musk's $1 million daily sweepstakes has been labeled a scam in a Philadelphia court. His lawyer revealed that winners aren't randomly selected but designated as paid "spokespeople." This admission challenges Musk's earlier claims of randomness, raising legal concerns about campaign donations. District Attorney Larry Krasner criticized the initiative as an unregistered lottery, arguing that participants were misled into sharing personal information. The judge allowed the giveaways to continue, with the final recipient from Michigan already chosen
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Taiwan's Financial Watchdog to Enforce New Crypto Regulations in 2025 Taiwan's Financial Supervisory Commission will introduce new regulations for crypto asset listings and record-keeping, effective January 2025. Director Hsi-Ho Huang announced that virtual asset service providers (VASPs) must register for compliance, with non-compliance potentially resulting in up to two years of imprisonment. The new rules aim to enhance scrutiny over custody, information security, and trading practices. Additionally, the FSC plans to draft a special law for crypto assets, to be submitted in June 2025
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Paxos Launches USDG Stablecoin, Expanding Regulatory Compliance Efforts Paxos has introduced the Global Dollar, a stablecoin compliant with Singapore's Monetary Authority regulations, following the earlier Lift Dollar launch. Backed 1:1 by the US dollar, USDG's reserves are managed by DBS Bank, enhancing its credibility. Paxos aims to distribute USDG globally through partnerships with crypto exchanges and wallets. The stablecoin adheres to MAS's framework with plans for expansion to other blockchains. Paxos emphasizes regulatory compliance and market stability in its operations
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