Notcoin (NOT) has been experiencing a prolonged downtrend since June, with significant price drops. However, recent developments indicate a possible shift for this Telegram-based cryptocurrency. A notable 25% surge has brought optimism to NOT traders, hinting at a potential change in sentiment within the Notcoin community. Despite price declines in October, traders remained steadfast, showing confidence in a potential recovery. This resilience suggests stable long-term support from Notcoin enthu

The FTX bankruptcy estate is pursuing over $100 million from SkyBridge Capital and founder Anthony Scaramucci to reclaim expenses incurred by former FTX CEO Sam Bankman-Fried (SBF) on sponsorships and investments with Scaramucci and SkyBridge dating back to 2022. Bankman-Fried engaged in various investments and partnerships with SkyBridge Capital and Scaramucci, including a $12 million sponsorship of Scaramucci's SALT conference in January 2022 and a $10 million investment in the SkyBridge Coin

Parfin's Ethereum Layer-2 chain, Rayls, was recently showcased in JP Morgan's blockchain-focused business unit's Project EPIC. The report highlights Rayls' secure and compliant identity solutions for regulated financial markets. JP Morgan's Kinexys Digital Assets (KDA) presented Rayls in the UniFi blockchain ecosystem, focusing on privacy and identity solutions. The report emphasized Rayls' privacy ledgers, decentralized blockchain communication, and regulatory compliance integration. It also di

The Bitcoin Open Interest to Market Cap Ratio has surged alongside the recent price increase to a new all-time high. The Open Interest to Market Cap Ratio, as explained by Satoshi Club, shows an overheating trend in Bitcoin's derivatives market compared to its Market Cap. This ratio indicates the volume of 'Paper' BTC in relation to the asset's spot value. Despite expectations of the ratio decreasing with Market Cap growth, it has risen sharply, reaching 6%. Historically, high ratios have preced

A portrait of Alan Turing created by humanoid robot artist Ai-Da was auctioned at Sotheby's for $1.08 million, showcasing the rising popularity of AI art. Surpassing expectations, the sale price was nearly 10 times higher than predicted, reflecting a growing interest in the fusion of art and technology, especially among younger collectors. Titled 'A.I. God', the 7.5-foot portrait received 27 competitive bids and drew inspiration from renowned artists like Picasso and Salcedo. This sale signifies

Kraken recently thwarted a scammer's audacious attempt to hijack a crypto account by wearing a rubber mask of the victim during a video call verification process. The attacker, who failed initial security checks, tried to impersonate the account holder but was easily identified due to discrepancies. Kraken's Chief Security Officer, Nick Percoco, revealed that the mask did not resemble the victim, indicating a sloppy disguise attempt. This incident sheds light on the potential risks posed by scam

DeFi is revolutionizing traditional finance with innovative trends. Yield AMMs like Pendle Finance are separating yield from assets, enabling new trading strategies. Platforms such as Yearn Finance automate yield optimization, simplifying user experience. Derivatives trading in DeFi is growing with platforms like dYdX and Synthetix offering advanced risk management. Flash loans and tokenization of real-world assets are reshaping DeFi, attracting institutional capital. DeFi is democratizing acces

Ethereum co-founder Vitalik Buterin has introduced the concept of 'info finance' to revolutionize how information is gathered, verified, and distributed across various industries. In his recent blog post, Buterin delves into how blockchain technology can enhance the aggregation, organization, and dissemination of insights. He proposes that info finance involves designing markets to extract information effectively from participants. Buterin emphasizes prediction markets, such as Polymarket, as to

HashKey Capital and Decrypt have collaborated to launch Layer East Media, a coalition of prominent Web3 media outlets in the Asia-Pacific region. The council of Layer East Media comprises members from leading blockchain media outlets across APAC and beyond. The alliance aims to assist Western Web3 projects in expanding their presence in the Asia-Pacific market, which is characterized by diverse cultural nuances. By providing market education and facilitating engagement with local users, Layer Ea

Standard Chartered predicts a fivefold increase in the total crypto market cap to $10 trillion by the end of 2026, driven by potential regulatory changes following the recent US election. The bank foresees the repeal of SEC guidance SAB 121, which could enhance the involvement of US banks and institutional investors in the digital asset market. Stablecoins are expected to benefit from regulatory initiatives, with the stablecoin market cap projected to reach $1 trillion by 2026. Bitcoin's price i

The US Securities and Exchange Commission (SEC) has postponed its ruling on allowing options trading for Ethereum (ETH) exchange-traded funds (ETFs) on the New York Stock Exchange (NYSE). The delay, as per a Nov. 8 filing, is due to the need for further review and assessment of market impacts. The decision pertains to Bitwise’s ETHW, Grayscale’s ETHE, Ethereum Mini Trust, and BlackRock’s ETHA. Interested parties have 21 days to submit arguments on the approval or disapproval of options for Ether

Roman Sterlingov, the creator of the darknet's oldest cryptocurrency mixer 'Bitcoin Fog,' has been sentenced to 12.5 years in prison as part of the US government's crackdown on crypto mixers. Despite prosecutors initially seeking a 20- to 30-year sentence, Sterlingov was convicted of money laundering, operating an unlicensed money-transmitting business, and more. The Department of Justice stated that Bitcoin Fog was a popular money laundering service for criminals, processing transactions involv

Chinese official Wang Moumou has been sentenced to life imprisonment for selling secret documents to British intelligence. Wang, who accumulated heavy debts from failed crypto trading, received crypto in exchange for espionage services. Chinese Ministries have refrained from blaming the crypto community, focusing instead on Wang's personal errors. Wang was found guilty of espionage and selling confidential state secrets to foreign agencies, receiving over 1 million yuan in spy funds through virt

Bitcoin (BTC) maintained a price of $76,000 on Nov. 9, with trading conditions characterized by heavy volume and new all-time highs. Despite reaching $77,270 on Bitstamp, liquidity shifts on exchange order books raised suspicions of market manipulation. Traders observed 'spoofing' tactics, where large liquidity bands are placed and then removed after price movements. Additionally, whale entities attempted to break through price resistance on Binance, signaling potential market manipulation. Spec

Norges Bank, the central bank of Norway, has expressed support for the European Union's Markets in Crypto-Assets Regulation (MiCA) as the country explores the possibility of introducing a central bank digital currency (CBDC). Kjetil Watne, the project director for Norges Bank's CBDC initiative, stated that Norway, as a member of the European Economic Area (EEA), embraces the regulatory framework of MiCA. While considering additional regulations for financial stability, the bank has not yet made

Following Trump's victory, meme coins saw a surge in market cap, with Pepe Unchained, Crypto All-Stars, Flockerz, and FreeDum Fighters gaining traction. Pepe Unchained offers a blockchain for meme fans, while Crypto All-Stars introduces MemeVault for staking popular memes. Flockerz combines governance with a Vote 2 Earn system, and FreeDum Fighters gamifies the US elections. Dogecoin and Pepe Coin also show promising growth post-elections. Analysts predict significant gains for these meme coins,

Ripple Labs is reportedly considering launching a stablecoin backed by the dirham in the United Arab Emirates (UAE), expanding beyond its current US-dollar-backed stablecoin, RLUSD. Speculation arises from a recent blog post by Ripple on November 7, 2024, titled “UAE Stablecoin Regulation: A Blueprint for Financial Innovation,” indicating Ripple's interest in a dirham-backed stablecoin. The post discusses the UAE Central Bank's new regulatory framework to incorporate both dirham-backed and non-A

Nifty Island recently concluded its play-to-airdrop campaign, attracting over 140,000 active wallets. The game, known for its sandbox-style gameplay allowing players to create and share their own Islands, is now gearing up for the launch and airdrop of the ISLAND token. With approximately 70,000 user-created Islands during the campaign, Nifty Island has solidified its foundation for future growth. The game has integrated over 400 crypto communities, enhancing player engagement. Play-to-airdrop h

South Korean game developer Delabs Games has announced a strategic move to the Telegram platform, with plans to introduce the popular RPG franchise Ragnarok in Q1 2025. The company will be incorporating new social features tailored for Telegram users, following a pivot towards the platform's growing crypto gaming community. Delabs Games, based in Seoul, has secured funding from TON Ventures and a private investor to support this transition. Additionally, they will be launching the mobile game Bo

The MakerDAO community has decided to continue with the rebranding of the DeFi project Sky, despite worries about centralization. In a recent vote, 79.3% of participants supported keeping the Sky brand as the core protocol name, while only 2.2% preferred reverting to MakerDAO. The decision paves the way for Sky to be the primary brand for both its frontend app and backend protocol. However, concerns were raised about centralized voting power, with a small number of entities controlling a signifi