1. Total market value of DeFi tokens: 116.635 billion US dollars
DeFi Total Market Cap Data Source: coingecko
2. Trading volume of decentralized exchanges in the past 24 hours: $75.18
Trading volume of decentralized exchanges in the past 24 hours. Data source: coingecko
3. Assets locked in DeFi: $122.489 billionbillion
Top 10 DeFi Projects by Locked Assets and Total Value Locked (Data Source: defillama)
1. Total Market Cap of NFTs: $13.093 billion
NFT Total Market Capitalization, Top Ten Projects by Market Capitalization Data Source: Coinmarketcap
2.24-hour NFT Transaction Volume: $3.364 billionUSD
Top 10 NFTs by Sales Growth in the Last 24 Hours. Data Source: NFTGO
Base co-founder Jesse is about to launch the Jesse token, scheduled for release on November 21st at 1:00 AM
Base co-founder Jesse
Pollak announced the upcoming launch of the Jesse token, scheduled for November 20th at 9:00 AM PST (November 21st at 1:00 AM Beijing Time). The Jesse token will be launched through his BaseApp account, jesse.base.eth. Pollak cautioned that before and after the launch, many people are expected to impersonate him and the Jesse token, sharing all Jesse token updates directly on X and the Base App. Users should be wary of any content from unofficial sources.1. Bubblemaps: Meme Token BULLISH Token Suffers from Severe Hoarding
According to Jinse Finance, blockchain analytics platform Bubblemaps tweeted that the Meme token BULLISH token suffers from severe hoarding, with 70% of the token supply held by new wallets from Binance.
Between September 13 and 24, more than 150 wallets received funds within a tight time window. Each wallet transferred SOL to a new wallet and then completed the purchase within the first 30 minutes of BULLISH's launch (October 2).
1.21Shares Launches Six Cryptocurrency ETPs on Nasdaq Stockholm
According to Jinse Finance, cryptocurrency exchange-traded product (ETP) issuer 21shares announced the launch of six cryptocurrency ETPs on the Nasdaq Stockholm exchange: Aave ETP, Cardano ETP, Chainlink ETP, Polkadot ETP, and Crypto Basket Index.
ETP and Crypto Basket 10 Core ETP.
2. Vitalik suggests using distributed oracles to avoid malicious manipulation of prediction market results
According to Jinse Finance, Ethereum founder Vitalik Buterin stated that prediction markets should adopt a 2-of-3 majority decision-making mechanism among ISW, deepstatemap, and liveuamap to avoid malicious manipulation of market results. Distributed oracles and distributed decision-making are natural solutions to address such problems.
3. Vitalik on Ethereum's Relationship with Wall Street: They are Ethereum Users, We are Pro-users
November 20th news: Bankless co-founder @RyanSAdams shared an interview clip with Vitalik on X. In the interview, the host asked, "How do you view the relationship between Ethereum and Wall Street?" Vitalik responded, "Wall Street, I consider them users. In Ethereum, we are 'pro-users'." In his speech yesterday, Vitalik warned that if institutional ETH holdings continue to expand, Ethereum will face two major threats (developer attrition and pressure on its technical roadmap).
4. DeFi Giant Spark Shelves Crypto App Plans, Focuses on Institutional Infrastructure
According to Jinse Finance, CoinDesk reports that DeFi giant Spark has temporarily shelved its plans to launch a mobile app. Sam MacPherson, CEO of Phoenix Labs, stated that they will focus their efforts on their core strengths: "liquidity infrastructure and trading in the DeFi space," following their $1 billion investment in PayPal's PYUSD. MacPherson pointed out that they need to ensure an advantage when entering the consumer application market, where opportunities are currently unclear. Therefore, Spark will shift its focus to institutional use cases rather than developing more solutions for retail investors. He stated that the app plans are "temporarily shelved" and could change in the future.
5. Programmable Data Chain Irys Launches Airdrop Registration Page
November 20th news: The programmable data chain Irys announced on the X platform that the registration page for the IRYS token airdrop is now online. Users need to connect their wallets or social media accounts and complete human verification to check their airdrop eligibility. In addition, all Irys Genesis NFT holders, Discord/Telegram members who have made community contributions, testnet users, platform developers, and the top 1000 users on the Kaito leaderboard will receive airdrop eligibility.
Disclaimer: Jinse Finance, as a blockchain information platform, publishes articles for informational purposes only and does not constitute actual investment advice. Please establish correct investment concepts and be sure to enhance your risk awareness.
Ahead of the 26 September HMSTR token launch, Hamster Kombat announced plans for NFTs, new games, and less reliance on Telegram. By 2025, it aims to launch an NFT marketplace, host a clan championship, and start the second phase of its airdrop.
CatherinePayments giant PayPal now allows US merchants, except New York, to buy, hold, and sell crypto via their business accounts. This move expands PayPal's crypto accessibility, offering enhanced financial tools to millions of businesses.
KikyoSouth Korea is launching the Digital Asset User Protection Foundation to help users recover funds trapped in failed cryptocurrency exchanges, which have seen ten out of 22 platforms shut down. The foundation, expected to start operations in October, will coordinate with defunct exchanges to securely manage and return users' assets.
AnaisOpenAI is transitioning to a for-profit benefit corporation. Reports suggest that Sam Altman could receive a 7% equity stake, potentially valued at $10.5 billion. This prompts an important question: why are so many key insiders departing?
CatherineA Singapore court granted WazirX a four-month conditional moratorium after its July hack, which led to a $234 million loss. The exchange initially requested six months but received a shorter relief period under specific conditions to address its financial situation.
KikyoMeta is revamping its metaverse avatars with a major update launching on October 1st, allowing users to customize features like eye size and body types. Future updates will include AI-generated avatars and new options for fantasy characters, enhancing user experience in the metaverse.
JoyA scam targeting cryptocurrency investors in Hong Kong has led to losses of HK$14.8 million, with victims tricked into making transactions at fake exchange shops. One businessman lost HK$4 million after realizing he was locked inside a shop while scammers escaped with his money.
WeatherlyChina announced a "policy bazooka" on Tuesday, introducing measures to boost its economy, including cuts to mortgage rates, the reserve requirement ratio, and new stock market support tools. The key question: will this stimulus boost crypto or push interest towards cheaper fiat currencies?
CatherineLINE NEXT has launched “Super Mates,” an app that allows fans to interact with AI-driven avatars of their favorite artists in English, Korean, or Japanese. To celebrate, they’ve partnered with K-pop group aespa, offering exclusive rewards and merchandise while inviting users to engage in various activities until October 2024.
JoyAt the TOKEN 2049 Summit in Singapore, BONK, a meme coin under the US blue-chip public chain Solana, announced that it would launch an ETP and hinted that an ETF might be launched in the future. The token has skyrocketed by more than 8,788% in one year.
Alex