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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

FTX Bankruptcy Estate Files Lawsuit Seeking Recovery of Nearly $1 Billion from ByBit
:
The FTX bankruptcy estate, led by CEO John J. Ray III, has initiated legal proceedings against ByBit, its investment arm Mirana, and several executives.

👉Details: https://coinmarketcap.com/academy/article/ftx-bankruptcy-estate-files-lawsuit-seeking-recovery-of-nearly-dollar1-billion-from-bybit

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🗞 CryptoNews of the Day 🗞

DeFi Platform Raft Exploited, But Hackers Likely Lost ETH
:
The decentralized finance (DeFi) platform Raft has temporarily halted the minting of its stablecoin, R, citing the detection of a "security vulnerability."

👉Details: https://coinmarketcap.com/academy/article/defi-platform-raft-exploited-halts-stablecoin-minting-due-to-security-vulnerability

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🗞 CryptoNews of the Day 🗞

Ubisoft Partners With Immutable To Build Web3 Gaming Experience: Ubisoft, the well-known publisher responsible for popular games such as Assassin's Creed and Rainbow Six Siege, is expanding its involvement in blockchain gaming through a partnership.

👉Details: https://coinmarketcap.com/academy/article/ubisoft-partners-with-immutable-to-build-web3-gaming-experience

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🗞 CryptoNews of the Day 🗞

Jump Crypto Faces SEC Scrutiny Over Alleged Role in Do Kwon’s Terra's $1 Billion UST Deal: Jump Crypto, a segment of the Jump Trading group, is currently facing scrutiny from the U.S. Securities and Exchange Commission (SEC).

👉Details: https://coinmarketcap.com/academy/article/jump-crypto-faces-sec-scrutiny-over-alleged-role-in-do-kwons-terras-dollar1-billion-ust-deal

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🗞 CryptoNews of the Day 🗞

BlackRock Confirms Plans for Ethereum Spot ETF With NASDAQ Filing, Sparks ETH Price Surge: The official confirmation of BlackRock's intention to launch a spot Ethereum exchange-traded fund (ETF) was disclosed via a 19b-4 form submission.

👉Details: https://coinmarketcap.com/academy/article/blackrock-confirms-plans-for-ethereum-spot-etf-with-nasdaq-filing-sparks-eth-price-surge

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🗞 CryptoNews of the Day 🗞

Australian Crypto Exchange CoinSpot Faces $2 Million Fund Drain in Suspected Attack: CoinSpot, an Australian cryptocurrency exchange, has apparently been the victim of a suspected attack, resulting in the loss of around $2 million in cryptocurrencies.

👉Details: https://coinmarketcap.com/academy/article/australian-crypto-exchange-coinspot-faces-dollar2-million-fund-drain-in-suspected-attack

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🗞 CryptoNews of the Day 🗞

HSBC Partners with Ripple-Owned Metaco for Tokenized Securities Custody Platform: HSBC, a major global banking institution, has partnered with Metaco, a Ripple-owned technology startup, to build an institutional custody platform for tokenized assets.

👉Details: https://coinmarketcap.com/academy/article/hsbc-partners-with-ripple-owned-metaco-for-tokenized-securities-custody-platform

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#CMCLive: Why is Floki focusing on Tokenization?

🗓️ Set Your Reminder: https://coinmarketcap.com/community/post/331612671

🧠 Join us in another #CMCLive to know more about Floki and TokenFi!

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🗞 CryptoNews of the Day 🗞

Wintermute Accuses NEAR Foundation of Failing to Honor $11 Million Stablecoin Redemption Commitment: Wintermute, a cryptocurrency market maker, has accused the NEAR Foundation and Aurora of breaching an agreement to convert $11 million in USN stablecoins.

👉Details: https://coinmarketcap.com/academy/article/wintermute-accuses-near-foundation-of-failing-to-honor-dollar11-million-stablecoin-redemption-commitment

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🗞 CryptoNews of the Day 🗞

SK Telecom Collaborates With Aptos and Atomrigs Lab To Enhance T Wallet Web3 Services: SK Telecom, South Korea's largest mobile carrier, has announced a collaboration with Aptos and Atomrigs Lab to further enhance its web3 wallet service, T wallet.

👉Details: https://coinmarketcap.com/academy/article/sk-telecom-collaborates-with-aptos-and-atomrigs-lab-to-enhance-t-wallet-web3-services

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🗞 CryptoNews of the Day 🗞

Bitcoin Ordinals Volumes Spiked After ORDI Lists on Binance: Transaction volume for Bitcoin-based assets traded on the Ordinals platform increased to its highest level since May.

👉Details: https://coinmarketcap.com/academy/article/bitcoin-ordinals-volumes-spiked-after-ordi-lists-on-binance

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🗞 CryptoNews of the Day 🗞

US Lawmaker Proposed To Slash Gary Gensler’s Salary From Over $300K to $1: Rep. Tim Burchett of the United States introduced an amendment to the Financial Services and General Government (FSGG) bill.

👉Details: https://coinmarketcap.com/academy/article/us-lawmaker-proposed-to-slash-gary-genslers-salary-from-over-dollar300k-to-dollar1

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🗞 CryptoNews of the Day 🗞

Ava Labs Confirms Layoffs, 12% of Staff Affected: According to several sources within the company, crypto startup Ava Labs, known for supporting the Avalanche blockchain network, has laid off a considerable number of staff.

👉Details: https://coinmarketcap.com/academy/article/ava-labs-confirms-layoffs-12percent-of-staff-affected

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🗞 CryptoNews of the Day 🗞

Elon Musk Announces ChatGPT Rival Grok, Spurs Grok Memecoins Frenzy: Elon Musk announced the launch of Grok, which aims to challenge OpenAI’s popular ChatGPT model. Grok is the first product from his new xAI artificial intelligence company.

👉Details: https://coinmarketcap.com/academy/article/elon-musk-announces-chatgpt-rival-grok-spurs-grok-memecoins-frenzy

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🗞 CryptoNews of the Day 🗞

XRP and TON Cleared for Use in Dubai Financial Hub: Dubai continues to lead in crypto regulation.

👉Details: https://coinmarketcap.com/academy/article/xrp-and-ton-cleared-for-use-in-dubai-financial-hub

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🗞 CryptoNews of the Day 🗞

Bitcoin Mining Revenue Hits Yearly Highs of Over $42.3M
:
On November 9, Bitcoin mining revenue reached a new yearly peak, totaling $42,386,514.038, surpassing the previous high of $41,744,197.067 in May 2023, as per data from Blockchain.com.

👉Details: https://coinmarketcap.com/academy/article/bitcoin-mining-revenue-hits-yearly-highs-of-over-dollar423m

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🗞 CryptoNews of the Day 🗞

Short Squeeze Triggers $206.48 Million in Crypto Liquidations, Boosts Crypto Prices
:
Bitcoin jumps past $37K as $206.48M shorts get liquidated across exchanges.

👉Details: https://coinmarketcap.com/academy/article/short-squeeze-triggers-dollar20648-million-in-crypto-liquidations-boosts-crypto-prices

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🗞 CryptoNews of the Day 🗞

Celsius Bankruptcy Plan Approved: Creditors to Receive $2B in Crypto and Shares in NewCo: On November 9, Judge Martin Glenn of the Southern District of New York Bankruptcy Court confirmed the plan, which had garnered substantial support from Celsius creditors on September 27.

👉Details: https://coinmarketcap.com/academy/article/celsius-bankruptcy-plan-approved-creditors-to-receive-dollar2b-in-crypto-and-shares-in-newco

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🗞 CryptoNews of the Day 🗞

Gensler Supports FTX Reboot Under New Leadership If Done “Within the Law”: Gary Gensler, the Chair of the United States Securities and Exchange Commission (SEC), has indicated a willingness to consider the reboot of the crypto exchange FTX.

👉Details: https://coinmarketcap.com/academy/article/gensler-supports-ftx-reboot-under-new-leadership-if-done-within-the-law

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🗞 CryptoNews of the Day 🗞

Senator Ted Budd Introduces "Keep Your Coins Act" to Preserve Crypto Self-Custody Rights: Senator Ted Budd (R-NC) presented the "Keep Your Coins Act" in the Senate.

👉Details: https://coinmarketcap.com/academy/article/senator-ted-budd-introduces-keep-your-coins-act-to-preserve-crypto-self-custody-rights

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🗞 CryptoNews of the Day 🗞

Robinhood Expanding Crypto Trading Services to EU and UK Brokerage Operations: A well-known trading app In the near future, Robinhood plans to expand its cryptocurrency trading services to the European Union (EU).

👉Details: https://coinmarketcap.com/academy/article/robinhood-expanding-crypto-trading-services-to-eu-and-uk-brokerage-operations

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2-week Window Opens for Potential Approval of Bitcoin Spot ETFs, Including BlackRock’s Application: According to Bloomberg analysts, the Securities and Exchange Commission (SEC) has a small window starting tomorrow to potentially approve 12 pending Bitcoin (BTC) exchange-traded fund (ETF).

👉Details: https://coinmarketcap.com/academy/article/2-week-window-opens-for-potential-approval-of-bitcoin-spot-etfs-including-blackrocks-application

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CMC Portfolio: Join our ‘CoinMarketCap Portfolio Event‘ 🎉

👉🏻 Win a $1K USDT Prize Pool 🏆
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🗞 CryptoNews of the Day 🗞

Bitcoin Accumulation Increases as Supply Reaches Historic Low, Supporting Price Stability: Report: Bitcoin's available supply has reached a new historical low, indicating an accumulation pattern, according to data from Glassnode.

👉Details: https://coinmarketcap.com/academy/article/bitcoin-accumulation-increases-as-supply-reaches-historic-low-supporting-price-stability-report

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🗞 CryptoNews of the Day 🗞

NFT Trading Volume Reaches Three Month High: Daily NFT trading volume reached a three-month high on Monday, totaling $19.1 million.

👉Details: https://coinmarketcap.com/academy/article/nft-trading-volume-reaches-three-month-high

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#CMCLabs: CoinMarketCap’s Web3 Startup Accelerator Program 🚀

Designed to connect builders to the global stage. It is a highly selective program designed for ambitious founders, offering a comprehensive curriculum and access to industry-leading mentors and investors.

👉Details: https://coinmarketcap.com/events/cmc-labs

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🗞 CryptoNews of the Day 🗞

Kraken Seeking Partners To Build Own Layer-2 Network: According to anonymous sources, Kraken, a renowned cryptocurrency exchange based in the United States, is considering working with major blockchain technology companies.

👉Details: https://coinmarketcap.com/academy/article/kraken-seeking-partners-to-build-own-layer-2-network

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🗞 CryptoNews of the Day 🗞

Germany's DZ Bank Launches Blockchain-Based Digital Assets Custody Platform: DZ Bank, Germany's third-largest bank, has launched its own blockchain-powered digital asset custody platform.

👉Details: https://coinmarketcap.com/academy/article/germanys-dz-bank-launches-blockchain-based-digital-assets-custody-platform

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🗞 CryptoNews of the Day 🗞

What Happened in Crypto Today: How Long Will SBF Stay Behind Bars?: From SBF getting convicted with fraud to Dubai giving green light to XRP and TON, here is a 3-minute breakdown of things that happened in crypto today.

👉Details: https://coinmarketcap.com/academy/article/what-happened-in-crypto-today-how-long-will-sbf-stay-behind-bars

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🗞 CryptoNews of the Day 🗞

Paypal Receives Subpoena From SEC Regarding Stablecoin: According to the company's Q3 financial report, the United States Securities and Exchange Commission (SEC) filed PayPal with a subpoena in respect to its PayPal USD (PYUSD) stablecoin.

👉Details: https://coinmarketcap.com/academy/article/paypal-receives-subpoena-from-sec-regarding-stablecoin

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