According to Odaily, market reports indicate that hedge fund Two Sigma has implemented a 10% reduction in its workforce. This development comes amid the fund's ongoing involvement in the cryptocurrency sector. Previously, it was reported that Two Sigma Investments holds 458 Bitcoin and has acquired an additional 428 Bitcoin this quarter. The fund maintains several cryptocurrency investment portfolios, which include digital asset trading company Crossover Markets and crypto trading platform Membrane Labs, among others. The decision to cut jobs reflects broader trends in the financial industry, where firms are adjusting their strategies in response to market conditions. Two Sigma's continued investment in digital assets highlights the growing interest and potential seen in the cryptocurrency market, despite the challenges faced by traditional financial institutions. As the landscape of digital finance evolves, Two Sigma's actions may signal a strategic shift towards embracing emerging technologies and opportunities within the crypto space. The fund's commitment to expanding its crypto portfolio suggests a long-term vision for integrating digital assets into its investment strategy.

On Nov 21, 2024, 12:43 PM(UTC). According to Binance Market Data, Ethereum has crossed the 3,300 USDT benchmark and is now trading at 3,312.899902 USDT, with a narrowed 7.18% increase in 24 hours.

According to market news, hedge fund Two Sigma laid off 10% of its employees. (Jinshi) Previously, Two Sigma Investments held 458 BTC, with 428 new BTC this quarter. The fund has multiple crypto investment portfolios, including digital asset trading company Crossover Markets and crypto trading platform Membrane Labs.

If Web3 payments are mainly based on transactions using the money we have now, then PayFi allows us to use tomorrow's money to make transactions.

According to Onchain Lens, about two hours ago, a whale spent 6,700 SOL (US$1.62 million) to buy 4.2 million CHILLGUYS.

According to SoSoValue data, yesterday (November 20, Eastern Time), the total net inflow of Bitcoin spot ETFs was US$796 million. Yesterday, Grayscale ETF GBTC had a net outflow of US$0.00 per day, and the current historical net outflow of GBTC is US$20.251 billion. Grayscale Bitcoin Mini Trust ETF BTC had a net inflow of US$22.5885 million per day, and the current historical total net inflow of Grayscale Bitcoin Mini Trust BTC is US$684 million. The Bitcoin spot ETF with the largest net inflow on a single day yesterday was BlackRock ETF IBIT, with a net inflow of US$627 million per day, and the current historical total net inflow of IBIT is US$30.211 billion. The second is Fidelity ETF FBTC, with a net inflow of US$134 million per day, and the current historical total net inflow of FBTC is US$11.215 billion. As of press time, the total net asset value of the Bitcoin spot ETF was US$100.629 billion, the ETF net asset ratio (market value as a percentage of the total market value of Bitcoin) was 5.4%, and the historical cumulative net inflow has reached US$29.347 billion.

The downtime was caused by a bug in its transaction scheduling. source: https://www.coindesk.com/tech/2024/11/21/sui-network-back-up-after-scheduling-bug-leads-to-two-hour-downtime-sui-recovers/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Enlivex Therapeutics Ltd. (Nasdaq: ENLV), a U.S. listed company, announced yesterday that the company's board of directors approved the purchase of up to $1 million in Bitcoin as part of its cash management strategy. Enlivex CEO Oren Hershkovitz said that with the growing demand for Bitcoin and its increasing acceptance as a recognized medium of exchange, the company needs to reserve such strong and diversified assets. And with the recent approval of Bitcoin ETFs and the increasing support of institutional investors, Bitcoin can provide companies with potential functional value storage and inflation hedges for standard currencies. It is reported that Enlivex is a clinical-stage macrophage reprogramming immunotherapy company. (Globenewswire)

According to SoSoValue data, yesterday (November 20, Eastern Time), the total net outflow of Ethereum spot ETFs was $33.4749 million. Yesterday, Grayscale Ethereum Trust ETF ETHE had a single-day net outflow of $16.2852 million, and the current historical net outflow of ETHE is $3.293 billion. Grayscale Ethereum Mini Trust ETF ETH had a single-day net outflow of $3.1885 million, and the current historical total net inflow of Grayscale Ethereum Mini Trust ETH is $372 million. The Ethereum spot ETF with the largest single-day net inflow yesterday was BlackRock ETF ETHA, with a single-day net inflow of $16.7439 million, and the current historical total net inflow of ETHA reached $1.703 billion. As of press time, the total net asset value of the Ethereum spot ETF was US$8.963 billion, the ETF net asset ratio (market value as a percentage of Ethereum's total market value) was 2.42%, and the historical cumulative net inflow has reached US$24.6363 million.

OKX market data shows that ETH has broken through 3300 USDT and is currently trading at 3296.32 USDT, with a 24-hour increase of 6.64%.

Shib Games has just dropped a game-changing announcement that’s set to revolutionize the Web3 gaming world: play-to-win mechanics are now live! If you’ve ever fantasized about earning real rewards while playing your favorite Web3 games, it’s time to wake up and smell the crypto! Shiba Inu’s entire game lineup is now supporting play-to-win mechanics, and it’s not just about flexing your gaming... source: https://news.shib.io/2024/11/21/shib-games-drops-game-changing-announcementplay-to-win/?utm_source=rss&utm_medium=rss&utm_campaign=shib-games-drops-game-changing-announcementplay-to-win

The on-chain activity has been very high recently, with Bitcoin on its way to 100,000, and the Meme track also constantly creating wealth.

Recommended readings tonight: 1. The signal of change in the global economic and financial system has been released; 2. Sun Yuchen bought the $Ban site for $6.2 million. Is Comedian $Ban still available for purchase? ; 3. Why is the meme coin market developing so amazingly?

Tron founder Justin Sun purchased artist Maurizio Cattelan’s iconic work Comedian Banana for $6.2 million.

South Korean authorities have linked the 2019 Upbit exchange hack to North Korea, with over $1 billion worth of stolen ether. The investigation, aided by the FBI and Swiss authorities, traced the stolen funds, recovering some of the assets.

Bitcoin, Polymarket, and DeFi all have bright prospects.

BTC, RWA, How is the construction of the Bitcoin City in El Salvador going? Golden Finance, In the crypto world, El Salvador is also a well-known existence.

Former Binance CEO Changpeng Zhao has issued an urgent advisory, encouraging users to promptly update their macOS operating systems to safeguard against newly discovered vulnerabilities.

Meme coins may seem like a joke on the surface, but for these traders, they represent a real opportunity to escape a disappointing system and realize a return.

Nick Neuman, CEO of CASA, shared on X how he was targeted by a scammer impersonating Coinbase support to steal his Bitcoin. When confronted, the fraudster revealed their operation, which involved using leaked databases, phishing emails, and tools like Tornado Cash to launder stolen funds.