1. Total market value of DeFi tokens: 137.944 billion US dollars
2. Trading volume of decentralized exchanges in the past 24 hours: $89.03
Trading volume of decentralized exchanges in the past 24 hours. Data source: coingecko
3. Assets locked in DeFi: $150.254 billionbillion
Top 10 DeFi Projects by Locked Assets and Total Value Locked (Data Source: defillama)
1. Total Market Cap of NFTs: $14.982 Billion
NFT Total Market Capitalization, Top Ten Projects by Market Capitalization Data Source: Coinmarketcap
2.24-Hour NFT Transaction Volume: $3.174 BillionUSD
Top 10 NFTs by Sales Growth in the Last 24 Hours. Data Source: NFTGO
The Department of Efficiency Has Ended Its Work at the SEC
Two sources familiar with the matter said that Trump's Department of Efficiency (DOGE) has ended its work at the U.S. Securities and Exchange Commission (SEC) and will leave the agency this week. Originally led by billionaire Elon Musk, the department has spearheaded massive layoffs across the federal government since Trump took office in January.
Two sources familiar with the matter said that Trump's Department of Efficiency (DOGE) has ended its work at the U.S. Securities and Exchange Commission (SEC) and will leave the agency this week. The department, originally led by billionaire Elon Musk, has spearheaded massive layoffs across the federal government since Trump took office in January.
1. US Treasury's Plan to Issue Trump Commemorative Coin Sparks Strong Criticism from Lawmakers, Who Question Link to Meme Coin Trump
Golden Finance reports that the US Treasury's plan to issue a $1 commemorative coin for President Trump has sparked strong criticism from lawmakers. The coin aims to celebrate the 250th anniversary of American independence, featuring Trump's portrait on the obverse and an image of him raising his fist in front of the American flag on the reverse, along with the words "Fight, Fight, Fight."
Democratic Senator Chris VanHollen questioned the legality of printing the president's portrait on official coins during his Senate Banking Committee nomination hearing on Thursday, adding that the design's connection to Trump's profit-making TruMP meme currency, "Fight, Fight, Fight," is the name of the company behind TruMP, which was launched days before Trump's second inauguration this year. When asked about the matter, Treasury Mint nominee Paul Hollis stated that he is "100% committed to always complying with the law."
1. Lido and SSV Teams Jointly Decide to Terminate Development of SSV Lido Module (SSVLM)
According to Jinse Finance, following a comprehensive evaluation with Clusterform, the Lido and SSV teams have jointly decided to terminate active development of the SSV Lido module (SSVLM). The collaboration between Lido and SSV continues to deepen: on the one hand, the number of users adopting SSV validators is growing rapidly; on the other hand, new integration paths are gradually forming through CSMv2 (second-generation consensus layer module).
4. Semantic Layer Completes $2 Million Series A Funding
Jinse Finance reports that MEV infrastructure Semantic Layer has announced the completion of a $2 million Series A funding round, led by Greenfield Capital, bringing its total funding to $5 million. This aims to promote on-chain AI autonomy and delegation, dApps, and the ordering sovereignty of assets.
5. Ethereum Developers Officially Set Fusaka Upgrade Target Date for December 3rd
Jinse Finance reports that Ethereum Foundation researchers have officially finalized the mainnet hard fork date two days after launching the final testnet deployment of Fusaka, Ethereum's next major upgrade.
During a full core developer call on Thursday, Ethereum Foundation researchers announced that Fusaka will officially launch on December 3rd. The backward-compatible Fusaka hard fork will implement approximately a dozen Ethereum improvement proposals aimed at enhancing the sustainability, security, and scalability of the base chain and its surrounding Layer 2 ecosystem. Notably, Fusaka will introduce PeerDAS technology, providing validators with a more efficient way to access data. PeerDAS was originally planned for inclusion in Ethereum's last major upgrade, Pectra, in February of this year, but was delayed due to testing needs. Furthermore, Fusaka will increase Ethereum's block gas limit from 30 million units to 150 million units, and is expected to quickly double blob capacity. 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.
A UN report reveals that criminal networks in Southeast Asia use Telegram for large-scale illicit activities, such as trading hacked data and cybercrime tools. This follows scrutiny of Telegram’s founder, Pavel Durov, over the platform’s role in these activities. Can this popular messaging platform catch a break?
CatherineJudge John Dorsey has approved FTX's bankruptcy plan, with $16.5 billion in recovered assets set to be paid to creditors in cash, plus interest, within 60 days. However client reactions have been mixed.
KikyoNick Szabo has become the leading candidate to be Satoshi Nakamoto, the mysterious creator of Bitcoin, as his odds on the betting platform Polymarket rise to 28.3%. This shift follows producer Cullen Hoback's claim that he confronted the real Nakamoto, suggesting that the true creator is still alive, while former frontrunner Len Sassaman's odds have plummeted to 8.5%.
WeatherlyA 21-year-old Indiana cybercriminal has pleaded guilty to a $37 million crypto scam, defrauding 571 victims in a 2022 cyberattack. By exploiting a real client's identity, he faces serious legal consequences, marking a key step toward justice in this major cybercrime case.
CatherineSouth Korean soldiers are compromising military secrets to secure loans for cryptocurrency investments, reflecting financial desperation amid rising debt. An investigation found 29 cases of leaked classified information, raising serious concerns about national security and the need for stricter measures to protect sensitive data.
AnaisIt's quite incredible. This may be the first time that people hope that the National Day will pass quickly. The arrival of the National Day holiday has pressed the "pause button" on the recent rising market, and investors are itching to watch the A-share market close.
AlexCrypto scammers are leaving the TON blockchain due to a lack of high-value targets, as fewer wealthy investors remain on the network. With TON's growing popularity and security measures, scammers are shifting their focus to other platforms, like Bitcoin, for better opportunities.
WeatherlyHong Kong’s Securities and Futures Commission (SFC) plans to issue more licenses to crypto exchanges and digital asset firms by year-end. Its 2024-2026 roadmap focuses on strengthening crypto platform regulations, promoting Real World Asset (RWA) tokenisation, and exploring blockchain technologies further.
KikyoThe SEC warns of a surge in "romance investment scams," where fraudsters pose as romantic partners. The regulatory agency urges caution, especially during World Investor Week, as the FBI reports $5.6 billion lost to crypto scams in 2023.
CatherineBurls Art has created a unique electric guitar that also functions as an aquarium, inspired by AI-generated designs. This innovative project faced engineering challenges, but Burls Art successfully combined art and technology, resulting in a fully playable instrument that also houses aquatic life.
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