Dima 🎩🐹

@chevapchevapovic

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@chevapchevapovic

Claiming my @socialtoken airdrop and crediting @elenathere with my social airdrop for being a great friend.

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Tron founder Justin Sun bought the famed banana duct-taped to the wall sculpture for $6.2 million at Sotheby’s after six minutes of bidding. On Nov. 21, Justin Sun posted about his recent Sotheby’s purchase, Maurizio Cattelan’s work of art “Comedian” which is simply a lone banana taped to a wall using a strip of duct-tape. “This is not just an artwork; it represents a cultural phenomenon that bridges the worlds of art, memes, and the cryptocurrency community,” Sun wrote. TRON creator also revealed that he plans to “eat the banana as part of this unique artistic experience, honoring its place in both art history and popular culture.” Upon purchasing the sculpture, Sun received a certificate of authenticity that gives him the right to showcase the piece as an official artwork. Sotheby’s also gave Sun a starter kit for the sculpture, consisting of a banana, a roll of duct tape and a detailed instruction manual on how the piece should be presented.

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Switzerland’s Financial Market Supervisory Authority has warned about the risks of money laundering associated with cryptocurrencies. In its 2024 Risk Monitor report, the regulator noted that cryptocurrencies, including stablecoins, are increasingly used for cyberattacks, payments for illegal dark web activities, and evading sanctions linked to geopolitical conflicts. Particularly, stablecoins have seen a “big rise” in illicit transactions related to sanction evasions, further complicating anti-money laundering efforts. To combat money laundering risks, FINMA outlined its broader efforts, including onsite reviews, an overhaul of its audit program, and a focus on risk tolerance and management for entities with politically exposed customers or links to high-risk areas. In relation to digital assets, FINMA stated that it “takes institution-specific measures to mitigate the money laundering risk,” applying targeted oversight to address vulnerabilities effectively.

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Shiba Inu price is preparing for a massive bullish breakout as its token burn accelerates, the crypto fear and greed index remains in the green zone, and a bullish pattern forms. Shiba Inu, second-biggest meme coin, was trading at $0.000026 on Tuesday, Nov. 19, slightly above last Friday’s low of $0.0000246. It has jumped by 142% from its lowest level in August. SHIB’s rebound occurred as data from Shiburn showed that the number of Shiba Inu tokens burned on Tuesday surged by almost 940% to 3.69 million. This burn brought the total number of burnt SHIB tokens to over 410 trillion, while its circulating supply stood at 583.7 trillion tokens. Shiba Inu’s token burn involves sending tokens to a wallet without a key, effectively removing them from circulation. These tokens come from its ecosystem networks like Shibarium and ShibaSwap, as well as voluntary contributions by community members.

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Decentralized finance firm Thala has restarted operations a day after the protocol’s liquidity pools were exploited for roughly $25.5 million. Thala notified users that all its offerings have been restored, except its staking service, which is being “patched and audited.” The announcement comes a day after the protocol disclosed it was the victim of a security breach on Nov. 15, which allowed a bad actor to withdraw large sums of its liquidity tokens. Reportedly, the isolated issue stemmed from the protocol’s v1 farming contracts, where a vulnerability was introduced after a recent update. Thala declared, all services were suspended immediately after the breach was flagged, and the protocol managed to freeze $11.5 million worth of Thala-related assets. This was possible due to the Move programming language, which underpins the Aptos blockchain on which Thala operates. Move treats digital assets as first-class resources and includes native functions like freeze and burn.

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Spot Bitcoin exchange-traded funds recorded two consecutive outflow days as the top cryptocurrency corrected almost 3% after the U.S. Federal Reserve hinted that further interest rate cuts might not be coming. On Nov. 14, Bitcoin ETF products saw their third-largest outflow since launch, with approximately $400.7 million withdrawn. Outflows eased the following day as BTC rebounded from support near $87,500, with $239.6 million exiting the funds, according to data from Farside Investors. BlackRock’s IBIT was the only fund to record inflows on Nov. 15, as it continued its seven-day inflow streak, bringing in $130.4 million. Outflows came from: • Fidelity’s FBTC: $175.1 million • ARK and 21Shares’ ARKB: $108.6 • Grayscale’s Bitcoin Mini Trust: $47 million • Grayscale’s GBTC: $22.5 million • VanEck’s HODL: 7.7 million • Bitwise’s BITB: 7.4 • Valkyrie’s BRRR: $1.7 million. The other three ETF offerings saw no flows on the day.

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Explosive growth of DOGE and other meme coins spurs the introduction of the new Nollars Network to allow faster trading and arbitrage opportunities. Earlier this week, President-elect Donald Trump announced that tech billionaire Elon Musk will be heading the newly-started Department of Government Efficiency along with American entrepreneur Vivek Ramaswamy. Ever since the Tesla CEO announced details of the new department, whose acronym happens to spell the same as the meme coin DOGE, crypto investors have been more than a little excited. Regardless, the excitement around DOGE and the crypto-friendly Trump administration has investors turning their attention to new projects like the “Nollars Network.” Nollars, a new layer-2 blockchain set for launch in May 2025, is attracting attention with its native currency, NOLA, seeing a surge in presales. Priced at $0.50 each, this new coin is even being touted as a “Solana Killer” as the transaction times could be faster on Nollars Network than on Solana.

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we are so back and early!

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Stablecoin payments firm BVNK is said to be in early discussions to raise at least $50 million in a new funding round, Bloomberg has learned, citing sources familiar with the matter. Founded in 2021 by Donald Jackson and Jesse Hemson-Struthers, BVNK previously secured $40 million in Series A funding. That funding valued the firm at $340 million post-money. The startup, which processes $8 billion in payments annually and employs over 270 people, is in the early stages of funding discussions, with both the size of the raise and its valuation still subject to change the sources said. Investors are said to be particularly keen on the sector following Stripe’s acquisition of Bridge, a stablecoin infrastructure provider, though it is not clear when the deal will finalize. BVNK, which holds regulatory licenses in the U.K., Spain, South Africa, and Malta, allows users to replace traditional banking services by buying, selling, and transferring both fiat currencies such as EUR, GBP, and USD, and cryptocurrencies.

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The Senate hopes to push through a Bitcoin reserve bill in the first 100 days of Trump’s presidency while the Republicans consult on crypto policy. American Senator Cynthia Lummis expressed optimism that plans to create a strategic Bitcoin (BTC) reserve will be implemented soon after Donald Trump‘s inauguration. “I believe we can get this done with bipartisan support in the first 100 days if we have the support of the people. It is a game changer for the solvency of our nation. Let’s put America on sound financial footing and pass the Bitcoin Act!” Senator Cynthia Lummis Lummis’s post responded to David Bailey, BTC Inc. CEO, who has been actively advising Trump on cryptocurrency policy. Bailey had previously suggested that such a reserve could be created quickly under the new administration.

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US President-elect Donald Trump has picked Elon Musk to lead a newly created Department of Government Efficiency (DOGE) for his incoming administration. He announced that Vivek Ramaswamy, a biotech investor, will work with the SpaceX and Tesla founder on the project - whose acronym refers to Musk's favourite cryptocurrency Dogecoin - to “dismantle” bureaucracy. The pair will provide external advice to the White House on how to “drive large scale structural reform”, said Trump. Earlier, Trump announced the nomination of the Fox News host and combat veteran Pete Hegseth to be his defence secretary and named John Ratcliffe – a former Texas congressman and federal prosecutor – to lead the CIA.

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Bitwise has launched the world’s first Aptos Staking exchange-traded product, offering staking rewards of approximately 4.7% net of fees. Aptos soared 20% to $12.9 on Tuesday, Nov. 12, after U.S.-based fund manager Bitwise announced plans to debut the world’s first Aptos Staking ETP on the SIX Swiss exchange. Set to launch on Nov. 19, the Bitwise Aptos Staking ETP under the APTB ticker will offer investors staking rewards of approximately 4.7% net of fees. Bitwise says the new product is designed for both “institutional and retail investors,” leveraging a custodian, auditor, administrator, and staking infrastructure. APTB will stake the underlying Aptos tokens, generating returns that will be accumulated directly within the ETP. Bitwise chief executive Hunter Horsley says the firm decided to launch a new ETP after a “huge cross section of investors” have begun researching and adding digital assets to their portfolios following the launch of Bitcoin and Ethereum spot ETPs in the U.S.

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ITAP Foggy Skyscraper in Belgrade

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Meme coins have been seeing impressive gains as the crypto market records consecutive gains, with Dogecoin leading the pack. According to data provided by CoinGecko, the total meme coin market cap increased by 18% in the past 24 hours, surpassing $94 billion. The sector’s daily trading volume also rallied to $51 billion, suggesting high interest from investors. The meme coin rally started last week as the Republican candidate Donald Trump won the U.S. presidential elections. Dogecoin is leading the category with a market cap of $41 billion, making it the sixth-largest digital asset — DOGE overtook XRP and USD Coin USDC over the past week. DOGE also emerged as the top gainer with a 24% surge in the past 24 hours. The leading meme coin is trading at $0.28 at the time of writing. Moreover, Dogecoin even breached a three-year high of $0.301 earlier today.

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Hamster Kombat is up over 110% from its all-time low price of $0.002263 six days ago. At last check Saturday, Hamster Kombat was among the top-three trending coins on CoinGecko, up by almost 88%. The creators of Hamster Kombat remain anonymous — a common choice in the crypto sector. Based on a game launched via Telegram, Hamster Kombat meshes gaming with blockchain technology, allowing players to earn in-game HMSTR tokens. Players can tap on digital hamsters to gain rewards. They can then be upgraded and use the coins to access special game features. Hamster Kombat also uses non-fungible tokens, or NFTs, and is set to integrate TON blockchain wallets for storing and converting earned tokens. The recent activity around the meme coin comes that Hamster Kombat’s recent chart pattern indicated that a comeback was imminent, despite the coin wallowing in a deep bear market.

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A Chinese man convicted of espionage and allegedly receiving more than 1 million yuan through cryptocurrency has been sentenced to life in prison. The People’s Court sentenced Wang Momou to life imprisonment after finding him guilty of espionage, according to a local news report on Nov. 8. Per the report, Wang allegedly became involved with foreign spy agencies after incurring significant losses from investing in cryptocurrency. This financial strain reportedly drove him to seek job opportunities through online forums. It was during this time that Wang was recruited and persuaded to sell state secrets. According to the prosecution, Wang received more than 1 million yuan in cryptocurrency payments for his activities. Initially, Wang provided small amounts of national security information but gained confidence to share more after receiving initial payments for “a few photos and documents.”

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I just played Tic-Tac-Maxi by POD Play presented by @moxie.eth! I won! 😁 Frame by @goldie & @themrsazon

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Germany’s Deutsche Bundesbank has joined Project Guardian, a collaborative initiative by the Monetary Authority of Singapore, to advance asset tokenization. Deutsche Bundesbank, the central bank of Germany, has joined Singapore‘s Project Guardian, an initiative between policymakers and the financial industry to enhance of financial markets through asset tokenization. In a Nov. 8 press release, the German central bank said it plans to deepen cross-border collaboration as well as advance discussion on “standardization and interoperability of digital assets.” Under the collaboration agreement, Deutsche Bundesbank will test an interoperable blockchain platform for tokenized and digital funds, though details are yet to be disclosed. Monetary Authority of Singapore deputy managing director Leong Sing Chiong expressed the belief that the Bundesbank’s expertise “will be invaluable as we work together to enhance liquidity and efficiency of financial markets through asset tokenization.”

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