Planet Daily | BTC once broke through 93,000 USDT; Vitalik outlined the future vision of the Ethereum network (November
العناوين
BTC once broke through 93,000 USDT, setting a new record high
Odaily Planet Daily reported that OKX market data showed that BTC once broke through 93,000 USDT, setting a new historical high.
Odaily Planet Daily reported that the U.S. CPI monthly rate in October was 0.2%, in line with expectations and the previous value of 0.2%.
The U.S. unadjusted core CPI annual rate in October was 3.3%, in line with expectations and the previous value of 3.3%.
The U.S. core CPI monthly rate in October was 0.3%, in line with expectations and the previous value of 0.3%.
The US October unadjusted CPI annual rate was 2.6%, expected to be 2.6%, and the previous value was 2.4%. (Jinshi)
Vitalik outlines the future vision of the Ethereum network and calls it the world computer
Odaily Planet Daily News At Devcon 2024 held in Bangkok, Ethereum co-founder Vitalik Buterin outlined the networks progress and its future vision, focusing on decentralization, scalability, and inclusiveness. In his keynote speech, Vitalik described Ethereum as a world computer and a basic platform for a diversified digital economy, emphasizing its role in promoting a global decentralized economy that supports a huge on-chain ecosystem.
Vitalik highlighted the journey of Ethereum from its birth to becoming the foundational technology for various applications, and said that Ethereums transition from PoW to PoS was an important milestone. This shift reduces the networks energy consumption and enhances security and decentralization. He emphasized that Ethereums PoS framework is essential to creating a fair system, allowing for more decentralized control of the platform. (CoinGape)
اخبار الصناعة
Yesterday, the US Bitcoin spot ETF had a net inflow of US$805.41 million
Odaily Planet Daily reported that according to Farside Investors data, the US Bitcoin spot ETF had a net inflow of US$805.41 million yesterday.
Yesterday, the U.S. Ethereum spot ETF had a net inflow of $134.4 million
Odaily Planet Daily reported that according to Farside Investors data, the US Ethereum spot ETF had a net inflow of US$134.4 million yesterday.
Odaily Planet Daily reported that the U.S. Department of Justice is investigating the تشفيرcurrency prediction platform Polymarket, accusing it of accepting transactions from U.S. users. The Federal Bureau of Investigation (FBI) issued a search warrant for Polymarket CEO Shayne Coplan and confiscated his mobile phones and electronic devices.
Under a 2022 agreement with the Commodity Futures Trading Commission (CFTC), Polymarket will block U.S. traders from trading on the platform.
Polymarket said in a statement that the company would stand up for ourselves and our community and accused the FBIs search of being politically motivated. Polymarket is a fully transparent prediction market that helps ordinary people better understand the events that matter most to them, including the election.
The company, led by Coplan, reached an enforcement settlement with the CFTC two years ago and paid a $1.4 million fine in addition to agreeing to block U.S. users. The company said in recent weeks that it has taken additional steps to verify and block users it suspects may be U.S. citizens or reside in the United States. (Bloomberg)
Odaily Planet Daily News Polymarket CEO Shayne Coplan responded to the platforms investigation by the U.S. Department of Justice on X: It is frustrating that the current administration will take a last-ditch effort to hunt down companies they believe are associated with political opponents. We are firmly committed to a nonpartisan stance, and today is no exception, but the current administration should do some self-reflection and realize that taking a more business-friendly and entrepreneurial approach may change their fate in this election.
We are proud that Polymarket has provided value to tens of millions of people this election cycle without hurting anyone.
I can say with my head held high that America’s future, and especially the future of American entrepreneurship, has never been brighter.
In the face of adversity, we keep building.”
FTX has filed 23 new lawsuits to recover funds, targeting Binance, SkyBridge Capital, and others
Odaily Planet Daily News: As FTXs bankruptcy estate administrator attempts to recover funds for creditors, it has filed 23 new lawsuits against institutions such as CoinسوقCap, Anthony Scaramucci, SkyBridge Capital, Crypto.com, and even Fwd.us, a lobbying group supported by Mark Zuckerberg. The lawsuits allege that the funds transferred to these organizations are part of a larger influence buying campaign planned by FTX founder Sam Bankman-Fried. According to the lawsuit, Bankman-Fried channeled funds into politics and traditional finance through sponsorships, investments, and donations to enhance his reputation while covering up FTXs growing financial instability.
Japanese crypto exchange Coincheck plans to list on Nasdaq in December
Odaily Planet Daily News: Japanese brokerage and cryptocurrency exchange operator Monex Group announced that the registration statement (Form F-4) submitted by its subsidiary Coincheck Group BV (CCG) to the U.S. SEC came into effect on November 12, advancing the cryptocurrency exchanges listing process on the Nasdaq in the United States.
According to the published schedule, the special acquisition purpose company (SPAC) Thunder Bridge Capital Partners IV (THCP) will hold a shareholders meeting on December 5, and the merger is expected to be completed around the 10th of the same month. CCG (stock code: CNCK) is expected to start trading on Nasdaq on the next trading day after the merger is completed.
The Coincheck listing was achieved through its merger with THCP announced in March 2022. It was initially planned to be completed in the second half of that year, but then went through three contract changes (in May 2023, May 2024, and October) before finally receiving SEC approval. (CoinDesk)
Bitwise acquires Ethereum staking service provider Attestant
Odaily Planet Daily News Bitwise Asset Management Inc. has acquired Ethereum staking service provider Attestant, aiming to expand beyond its core business. The specific terms of the transaction have not yet been disclosed. After the transaction is completed, Bitwises asset management scale will reach US$10 billion.
In addition, 11 employees of Attestant will join Bitwise.
“We’re now entering a new chapter of maturity in this space, and I think at this stage, what’s most useful to customers is that they want you to achieve a certain scale and provide a broad range of capabilities,” Bitwise CEO Hunter Horsley said in an interview.
He added that while currently one in five Bitwise clients want to stake their tokens to earn yield, in a few years most clients may have this need. (Bloomberg)
According to Onchain Lens, a trader bought about 19.4 million PNUTs for only 8 SOLs ($1,392), but eventually sold them at a loss of $681. When the market value of Pnut reached $1.4 billion today, the same amount of PNUT was worth more than $24.69 million.
أخبار المشروع
Elon Musk posted a picture with a Shiba Inu and the word DOGE
Odaily Planet Daily News: Elon Musk posted a picture with a شيبا إينو image and the words DOGE (Department of Government Efficiency) on X, and replied to netizens: Making Government Fun Again.
Coinbase adds PEPE to its coin listing roadmap
Odaily Planet Daily News According to Coinbase Chief Legal Officer paulgrewal.eth, Coinbase has added PEPE to the coin listing roadmap, with the goal of listing it later today.
Odaily Planet Daily News Cardano Foundation is a non-profit organization dedicated to promoting the development of the Cardano ecosystem. On November 13, the foundation released the 2023 Financial Insights Report, which aims to transparently show how the organization uses funds in core focus areas such as education, adoption and resilience. The report stated that its total assets in 2023 were approximately US$478 million, of which 82.5% of the funds were ADA, 10.1% were BTC, and the rest were US dollars. (Cointelegraph)
Mysten Labs co-founder: Sui mainnet is planned to run on SCION before the end of the year
Odaily Planet Daily News: Mysten Labs co-founder Adeniyi Abiodun published an article introducing the SCION architecture and said that the Sui mainnet is planned to run on SCION before the end of the year.
Earlier in October, Sui had become the first L1 project to run SCION (currently in the testnet), a powerful alternative to routing and forwarding protocols in todays Internet that improves Suis security and resilience.
SCION protects Sui validators from many attacks that can occur on the Internet today, such as rerouting and DDoS attacks that have caused major downtime to other networks. It enables validators to maintain consensus during attacks, improve epoch rewards, and enables full nodes to benefit from better state synchronization, avoiding bottlenecks and retry delays.
BlackRock to launch BUIDL fund on Aptos
Odaily Planet Daily reported that according to official news, BlackRock will launch the BUIDL fund on Aptos at 0:00 on November 14, which is also the next step in the development of its tokenized market.
Aptos is also the only non-evm chain on which BlackRock BUIDL is launched. Aave, Franklin Templeton, Bitwise, and now Blackrock have all chosen Aptos to provide Aptos users with more liquidity, wider applications, and greater DeFi opportunities, and to provide credibility, reliability, and exclusive incentives for investors who choose to buy BUIDL on Aptos. Previously in October, Franklin Templeton launched the Franklin Chain U.S. Government Money Fund on Aptos.
Farcaster Co-Creation: Snapchain Network will be launched in the first quarter of next year
Odaily Planet Daily reported that Farcaster co-founder Varun Srinivasan announced Farcasters priorities for 2025: a new standard for building applications within the Farcaster framework will be launched in December 2024; Snapchain will be launched in the first quarter of 2025. Snapchain is a new network design that eliminates errors and increases throughput by 10 times or about 5,000 TPS; smart wallet support will be provided for Farcaster accounts; better standards will be provided for developers; Warpcast will run another retroactive reward program in the fourth quarter.
Linea establishes the Linea Association and will launch the Linea token in the first quarter of 2025
Odaily Planet Daily News: The Linea Association, a Swiss non-profit organization that promotes the development and governance of Linea, was officially announced at the Devcon event in Bangkok, Thailand on November 13. Declan Fox, head of Linea products, said that the newly established association will serve three main goals: supporting Linea technology, developing the Linea market, and further advancing Lineas decentralized roadmap. Joseph Lubin, founder of Consensys and Ethereum contributor, believes that the Linea Association is an important step in the true decentralization of the network, which can exclude excessive control by any management entity.
In addition, the Linea Association will oversee the development and management of the Linea open source technology and ecosystem, develop the Linea mainnet and launch the Linea token in the first quarter of 2025. (Cointelegraph)
Arbitrum supports ERC-7683 to achieve cross-chain intentions
Odaily Planet Daily News Arbitrum published a post on X expressing support for ERC-7683 to achieve cross-chain intentions. The standard will facilitate seamless interaction with multiple Ethereum chains. Arbitrum also said that it looks forward to working with teams committed to chain abstraction solutions.
CurveDAO launches a stablecoin called Saving crvUSD
Odaily Planet Daily reported that according to official news, CurveDAO launched the income-generating stablecoin Saving crvUSD (scrvUSD). This new savings module will become the expansion engine of the stablecoin crvUSD issued by Curve, enabling market participants to directly participate in its monetary policy. Users can earn low-risk automatic compound interest on their crvUSD deposits.
DWF Labs received 10 million NIKOs for market making, accounting for 1% of the total supply
According to Odaily Planet Daily, according to Lookonchain monitoring, DWF Labs received 10 million NIKO for market making, accounting for 1% of the total supply, worth about $495,000. Previously, DWF Labs wallet also received 111.94 billion X tokens for market making, worth $35.6 million.
الاتجاهات التنظيمية
Former SEC Chairman: Cryptocurrency Legislation Could Come During Trump Administration
Odaily Planet Daily News: Former SEC Chairman Jay Clayton said on Wednesday that the U.S. Congress may pass legislation to regulate cryptocurrencies after Trump takes office. Clayton also said that he is in favor of relaxing regulatory burdens to encourage companies to go public, which foreshadows a broad change in public policy, which is what the industry is currently looking forward to, and for this reason they have spent a lot of money to influence the presidential election this month. (Jinshi)
Wall Street expects the Fed to cut rates again at its final meeting of the year
Odaily Planet Daily News: The pace of slowing inflation in the United States seems to have lost momentum, which may raise questions about how aggressively the Federal Reserve will cut interest rates early next year. The market expects the U.S. CPI index to rise 0.2% month-on-month in October, and some Wall Street forecasts a 0.3% increase, which would match the biggest increase in the past six months. At the same time, the year-on-year growth rate may rise from 2.4% to 2.6%, marking the first increase in eight months.
However, even if Octobers CPI inflation data is strong, Wall Street still expects the Fed to cut interest rates again at its last meeting of the year in December. But January next year will be when doubts begin to grow. (Jinshi)
ARK Invest Believes Trump Administration Will Reopen IP Zero Window for US Crypto Companies
Odaily Planet Daily News ARK Invest said in its latest newsletter that Trumps return to the White House may allow digital asset companies such as Circle and Kraken to go public and achieve regulatory clarity. Possibilities include reopening the initial public offering (IP 0) window for digital asset companies such as Circle and Kraken, ARK Invest wrote. The company noted that potential legislative reforms, such as the 21st Century Financial Innovation and Technology Act (FIT21), may clarify the regulation of stablecoins and digital assets. In addition, the asset management company expects that the enforcement supervision approach of U.S. Securities and تبادل Commission Chairman Gary Gensler will end, which may create a more competitive environment for cryptocurrency companies. (BeInCrypto)
Fed Governor Waller questions CBDC’s payments utility
Odaily Planet Daily reported that Federal Reserve Board Governor Christopher Waller expressed doubts about whether the U.S. payment system needs a central bank digital currency (CBDC) at the 2024 Clearing House Annual Meeting held on November 12, questioning whether there are problems in the system that CBDC can solve.
He said: “In a speech I gave in August 2021, I asked, what problems can CBDC solve? In other words, what market failures or inefficiencies require this particular intervention? In more than three years, I have not heard a satisfactory answer about CBDC.”
Waller advocates for market-driven solutions, emphasizing the benefits of the private sector promoting innovation in payment systems through competition.
He said the private sector, driven by profit and competition, tends to make better decisions when it comes to determining which technologies are worth investing in and which ones may not meet consumer needs.
Waller further stated that until a clear need is identified that cannot be met by the private sector, the government’s role should remain supportive, rather than directly competing with private payment innovation. (CryptoSlate)
الاستثمار والتمويل
Crypto AI startup 0G Labs completes $40 million in financing, with Hack VC and others participating
Odaily Planet Daily News Crypto artificial intelligence startup Zero Gravity Labs (0G Labs or 0GL) announced the completion of $40 million in financing and received a $250 million token purchase commitment. This round of financing was participated by Hack VC, Delphi Digital, OKX Ventures, Samsung Next, Bankless Ventures, Animoca Brands and its co-founder Yat Siu, Polygon and its co-founder Sandeep Nailwal, Stanford Blockchain Fund, Abstract VC, Alchemy, Blockdaemon, Foresight Ventures, etc. (TheBlock)
Web3 gaming company Monster League Studios has completed 3.7 million euros in financing
Odaily Planet Daily News: Monster League Studios, the Barcelona-based Web3 game company behind the blockchain game Mokens League, announced that it has completed 3.7 million euros in financing. The investor information has not yet been disclosed. The new funds are intended to support the development of the Mokens League game ecosystem, including in-game purchases, player rewards, and the use of utility tokens. It is reported that the company has been incubated by Google this year. (eu-startups)
Tranched Completes $3.4 Million Financing, Speedinvest Leads Investment
Odaily Planet Daily News: Tranched, a blockchain embedded asset financing platform headquartered in London, announced the completion of a $3.4 million financing, led by Speedinvest, with participation from startup accelerators a16z CSX, Blockwall, Kima and OVNI Capital. The specific valuation information has not been disclosed. Tranched aims to simplify the asset financing process through blockchain technology and eliminate the structural complexity and high fees involved in securitization. The new funds will support its business scope to expand from Europe to lenders, credit funds, asset management companies and banks.
BIO Protocol Completes $2.9 Million Genesis Round 2.5 Community Funding
According to official news from Odaily Planet Daily, the DeSci project BIO Protocol announced the completion of the Genesis Round 2.5 of $2.9 million community token financing, and the total value of assets redeemed by users for BIO reached $2.93 million. This investment is Binance Labs first investment in the DeSci field. BIO Protocol aims to use blockchain technology to change the way early scientific research is financed and commercialized.
Odaily Planet Daily News: Social competitive platform MiniTon announced the completion of its seed round of financing. This round of financing was participated by Waterdrip Capital, Alchemy Pay, CGV, Web3Port Foundation, PangDAO Head Ricky, OGBC Innovation Hub Founder Jayden Wei and other parties. MiniTon is a project initiated with the funding of TON Foundation.
MiniTon will use this financing to complete the development of the Alpha version of the product and the testing of core values. Currently, MiniTon has successfully completed 360,000 competitive game tests, of which 30,000 are on-chain events. By charging commissions to participating players, the unit user revenue model has achieved profitability.
MiniTon provides developers with an on-chain profit solution called Tournaments as a Service (TaaS) to help casual games build their commercialization capabilities after entering Web3. At the same time, MiniTon reconstructs the supply relationship of liquidity in the game to solve the sustainability problem of GameFis business model. Based on the BondingCurve price curve, it allows investors to establish connections with players by predicting event results.
الشخصية*الصوت
Crypto.com CEO: Bitcoin may need to be deleveraged before hitting $100,000
Odaily Planet Daily News Crypto.com co-founder and CEO Kris Marszalek warned that the current Bitcoin leverage ratio (i.e. the amount of borrowed funds used to trade positions) has reached an unsustainable level. He wrote on X: Before hitting $100,000, leverage needs to be cleaned up. Please manage risks carefully.
CryptoQuant data shows that the estimated leverage ratio of Bitcoin across all cryptocurrency exchanges is 0.217, the highest level since October 2023. (Cointelegraph)
Odaily Planet Daily News: José Maria Macedo, founding partner of Delphi Ventures, wrote on X that after reading Ambient founder Doug Colkitts X post (Note: Yesterday Colkitt predicted the content of the proposal of Justin Drake, the core researcher of the Ethereum Foundation), I was excited about the vision of ETH 3.0, but Justin Drakes real proposal was disappointing. This is basically a refactored code base that can achieve a 4-second block speed and quantum resistance, which will be realized in 2029-2030. These upgrades alone are not enough to make Ethereum Layer 1 competitive, or even to make people believe that it is competitive. The Ethereum Foundation needs to have a bigger dream.
Odaily Note: Yesterday, Justin Drake proposed the Ethereum consensus layer upgrade proposal Beam Chain at the Devcon conference.
The ETF Store President: Spot DOGE ETF application seems inevitable
Odaily Planet Daily News: Nate Geraci, president of The ETF Store, wrote on X: The arrival of the spot DOGE ETF application seems inevitable… 2025 will be a crazy year.
This article is sourced from the internet: Planet Daily | BTC once broke through 93,000 USDT; Vitalik outlined the future vision of the Ethereum network (November 14)
November 9, 2024 – HashKey Capital, a global digital asset leader, and Web3 news media Decrypt announced the launch of Layer East Media, an alliance that brings together the most influential Web3 media in the Asia-Pacific region. Layer East Media’s board of directors includes leading blockchain media from the Asia Pacific region and beyond, including: – Europe and the United States: Decrypt – Japan: Crypto Times, Coinpost – South Korea: CoinNess, رمز مميزpost – Vietnam: Coin 68 – Thailand: Cryptomind Group, Bitcoin Addict – Indonesia: Coinvestasi – Chinese media: PANews, Foresight News, Blockbeats, Odaily, Techflow, Chaincatcher, Blocktempo, Wu Says Blockchain Layer East Media will be officially launched on November 10, 2024, with a memorandum of understanding (MOU) signed at Thailand Blockchain Week, focusing on helping Western Web3 projects expand and grow…