According to Whale Alert, 11 minutes ago, 100 million XRP (about 273 million US dollars) were transferred to the Korean trading platform Bithumb.

A UK judge denied Craig Wright's appeal, citing inaccuracies and "AI-generated hallucinations," sparking questions about his use of AI in the filing.

KPay Group, a payment management platform for small and medium-sized enterprises, announced the completion of its first round of institutional financing of US$55 million, led by Apis Growth Markets Fund III and Apis Global Growth Fund III. This transaction is also the largest Series A financing in the global payment field so far in 2024. The new funds will be used for product development, as well as accelerating the speed to market, improving customer experience, expanding into new Asian markets and supporting strategic mergers and acquisitions. It is reported that KPay currently serves 45,000 merchants in Hong Kong, Singapore and Japan, and cooperates with more than 150 SaaS providers, banks and financial services companies. The company has about 440 employees in Hong Kong and Singapore.

On Dec 03, 2024, 06:35 AM(UTC). According to Binance Market Data, BNB has crossed the 660 USDT benchmark and is now trading at 660 USDT, with a narrowed 1.97% increase in 24 hours.

The venture capital fund founded by former NBA star Omri Casspi has completed $60 million in fundraising, which will invest in early-stage cybersecurity, cloud infrastructure and AI startups. The fund plans to support 10 companies and will invest $5 million to $7 million in each transaction. Swish Ventures is Casspi's second fund after the $36 million fund Sheva Capital launched in 2022. Casspi said that since Sheva's investment period has ended, he is responsible for managing Sheva's portfolio. Investors including EON founder Ophir Ehrlich, Upwind founder Amiram Shachar, and PointFive co-founders Gal Ben-David and Alon Arvatz participated in the fund's fundraising. (TechCrunch)

LTC has risen more than 27% in the past week, significantly increasing the number of addresses holding coins in a state of floating profit. According to data from IntoTheBlock, in mid-November, about 60% of LTC holders were in a state of floating profit. By December 2, this number had risen to nearly 80%, and the capital inflow/outflow indicator showed that there are currently more than 6.37 million LTC addresses (about 79.37%) in a state of floating profit. (crypto.news)

In the future, BTC will absorb all long-term capital. If Microsoft replaces the "wasted" capital from stock repurchases with BTC, it will more effectively push up Microsoft's stock price. Therefore, Microsoft should adopt the BTC strategy and hoard BTC.

The Witch Game, an Argentine horror film, is sparking debate due to its English dub being created entirely with AI, replacing human voice actors. This has raised concerns about AI's impact on the creative industries, including job loss and the authenticity of artistic work.

According to Arkham data, the 0x246 address funded by Wintermute bought 2.366 million AIXBT 15 hours ago, worth about $471,000, and sold 43,000 AIXBT 15 hours ago, worth about $8,590. The address currently holds about 2.32 million AIXBT, worth about $627,000. AIXBT is the second AI agent token purchased by the address after purchasing NFTXBT.

On South Korea's major cryptocurrency exchanges Upbit and Bithumb, the number of user accounts over 60 years old reached 775,718 (as of the end of September), an increase of 30.4% from the end of 2021. Users in this age group hold a total of 6.7609 trillion won in cryptocurrency assets, with an average investment of about 8.72 million won per person, the highest per capita investment among all age groups. During the same period, the number of accounts of users in their 50s increased by 22.5% (356,169), while those in their 20s decreased by 6.4%, and those in their 30s increased by only 8.3%. At the same time, the current deposit balance of South Korea's five major banks was 592.67 trillion won, a decrease of 26.95 trillion won from the end of June, setting a new low since January this year. Analysts believe that the effect of Trump's election and the expectation of interest rate cuts have accelerated the transfer of funds from banks to risky assets. Earlier news, South Korea's ruling party and opposition party have reached a consensus on postponing the taxation of cryptocurrencies. The cryptocurrency income tax policy originally scheduled to be implemented on January 1, 2024 will be postponed to 2027.

According to Odaily, a substantial transfer of 79,993,124 USDT, equivalent to approximately 80,073,117 USD, was detected by Whale Alert. This transaction occurred around 2:00 PM UTC+8, involving the movement of funds from an unidentified wallet to Ceffu. The transfer has drawn attention due to its size, highlighting ongoing activity in the cryptocurrency market. Such large transactions often prompt speculation about the intentions behind them, whether they are related to trading strategies, institutional movements, or other financial maneuvers. The transfer underscores the dynamic nature of the digital currency landscape, where significant sums can be moved swiftly across the globe. As the market continues to evolve, monitoring tools like Whale Alert play a crucial role in providing transparency and insights into these transactions. The implications of such movements can vary, potentially impacting market liquidity, influencing trading patterns, or signaling shifts in market sentiment. Observers and analysts will likely keep a close watch on subsequent activities related to this transfer to better understand its context and potential impact on the broader cryptocurrency ecosystem.

According to BlockBeats, recent data from Defillama reveals that the market capitalization of USDe has reached $4.763 billion. This significant milestone allows USDe to surpass DAI, positioning it as the third-largest stablecoin in the market. The shift in rankings highlights the dynamic nature of the stablecoin sector, where market positions can change rapidly based on various factors such as adoption rates, market demand, and technological advancements. The rise of USDe in the stablecoin hierarchy underscores its growing acceptance and utilization within the cryptocurrency ecosystem. Stablecoins, which are digital currencies pegged to stable assets like the US dollar, play a crucial role in providing liquidity and stability in the volatile crypto market. The competition among stablecoins is intense, with each striving to offer unique features and benefits to attract users and investors. As USDe continues to gain traction, it reflects broader trends in the cryptocurrency industry, where innovation and user preference drive market dynamics. The stablecoin's ascent to the third position is a testament to its increasing popularity and the trust it has garnered among users. This development also emphasizes the importance of monitoring market trends and data to understand the evolving landscape of digital currencies.

DefiLlama data shows that the current market value of USDe is US$4.763 billion, surpassing DAI (US$4.7 billion) to become the third largest stablecoin by market value.

自2018年起，Bybit已成长为全球第二大加密货币交易所，预计到2024年拥有超过3000万用户，其上市和资产研究团队对平台的代币上市和下架决策具有重大影响。然而，Bybit存在严重的监管违规和治理问题，如利益冲突、内幕交易及市场操纵等，已对平台的完整性和投资者安全构成风险。

According to news on December 2, XRP surpassed Solana and Tether (USDT) to become the third largest crypto asset by market value, returning to the level before the SEC VS Ripple lawsuit in 2020.

Is MicroStrategy (hereinafter referred to as MSTR), the biggest variable in this round of bull market, a LUNA-like Ponzi scheme operation model? What is the essence of MSTR?

Recently, Hyperliquid held TGE and distributed airdrops to the community. Its token HYPE rose from $2 per coin to a maximum of $9.8, with a FDV of nearly $10 billion. Currently, HYPE fluctuates around $8.3. This article reviews Hyperliquid's TGE event.

RTFKT, once a leader in digital fashion and NFTs, is shutting down its Web3 services by January 2025 due to the decline of the NFT market.

The wheel of the cycle turns, pushing the market, which was full of fear and hesitation not long ago, into a new stage, and trading suddenly heats up in this mood.

Coinbase has integrated Apple Pay, simplifying fiat-to-crypto transactions and improving user experience. The partnership removes previous transaction challenges and is live for all users, requiring no extra effort from app developers. Could this mark a significant shift in the payments landscape?