Daily Legal Evening News | HashKey Exchange officially launches platform token HSK; SBF trial closing arguments to begin at 21:30 today.
Top News:
1. HashKey Exchange officially launched its platform token HSK and released a mobile app for retail investors.
2. SBF trial closing statement will begin at 21:30 today.
3. LambdaClass founder: will donate over 20,000 TIA airdrops to the Ethereum core protocol contributor organization.
4. Frax Finance: The domain has been restored to normal and the cause of the incident will be announced tomorrow.
5. Paidu: DeFi protocol Onyx has been hacked with losses reaching $2.1 million.
Price Observation
SNT breaks through $0.06, with a 24-hour increase of over 106%According to OKX market information, SNT has broken through 0.06 US dollars in a short time, with a 24-hour increase of 106.56%.
TOKEN short-term breakthrough $0.03, up more than 37% in 24 hoursAccording to market data, TokenFi (TOKEN) has seen a 24-hour increase of 37.08%.
Smart Money 24-hour inflow list: LINK, RLB, MNT ranked at the topAccording to Nansen 2 data, as of 5:00 PM this afternoon, the Smart Money 24-hour fund inflow tracking list on the Ethereum network is as follows:
ETH: Approximately 33.5 million US dollars, priced at 1804.99 US dollars, with a 24-hour increase of 0.28%;
WBTC: Approximately $850,000, priced at $34,442.56, with a 24-hour increase of 0.19%;
LINK: Approximately 2.16 million US dollars, quoted at 11.086 US dollars, with a 24-hour decline of 3.98%.
RLB: Approximately $1.41 million, quoted at $0.2256, with a 24-hour increase of 14.00%.
MNT: Approximately 1.13 million US dollars, quoted at 0.3780 US dollars, with a 24-hour decline of 0.40%;
LIT: Approximately 1.13 million US dollars, quoted at 0.753 US dollars, with a 24-hour decline of 11.10%;
DOLA: Approximately 820,000 US dollars, quoted at 0.9973 US dollars, with a 24-hour increase of 0.00%;
AAVE: Approximately $770,000, priced at $82.62, with a 24-hour increase of 0.28%.
sDAI: Approximately $600,000, quoted at $1.0204, with a 24-hour increase of 0.00%.
Market information shows that TOKEN has risen by 26.61% in a short period of time.
Transaction Tracking
Vitalik deposited 100 ETH into CoinbaseAccording to Scopescan data monitoring, vitalik.eth deposited 100 ETH into Coinbase this morning, worth approximately $181,000.
FTX/Alameda deposited tokens worth $5.49 million into CEX
DWF Labs will launch institutional-grade OTC trading platform DWF Liquid Markets
DWF Labs co-founder Andrei Grachev shared a screenshot of "DWF Liquid Markets" on X. Andrei wrote: "An institutional-grade OTC/RFQ (over-the-counter/trading request) platform is coming soon, offering the best pricing, no counterparty/platform risk, and supporting real-time settlement. Launching soon, stay tuned."
TomoChain announces brand upgrade to Viction
The scalable blockchain TomoChain has announced a brand upgrade to Viction, and updated its brand logo. Its token TOMO has also been renamed to VIC. The announcement states that "Viction" combines the meanings of "Vision" and "Victory", while emphasizing its focus on real-world utility and human values.
HSBC announced that it has successfully completed an internal payment transaction test with Ant Group in Hong Kong using tokenized deposits for the first time. This test explored the potential advantages of tokenized deposits and how they can effectively help enterprises transfer funds anytime and in real-time between different HSBC accounts.
STEPN developer Find Satoshi Lab has announced that its large-scale multiplayer online (MMO) game Gas Hero will conduct community testing from November 24th to December 8th, and will open testing qualifications to 3,000 users, including Gas Hero badge holders, Find Satoshi Lab ambassadors, and partners.
Gas Hero stated that all assets tested in the community will be on the Polygon Mumbai testnet and will not be transferred to the mainnet after the public beta launch. When the public beta starts, users will need to start their game journey again.
ZeroSync co-founder joins StarkWare as a software engineer
The ZeroSync project, aimed at introducing zero-knowledge proofs to Bitcoin, announced that co-founder Andrew Milson has left the project and joined StarkWare as a software engineer last week.
Web3 gaming platform MOBOX announced the launch of a new buyback and burn plan. The team stated that they will continue to use the $7 million treasury to ensure the sustainable value of assets through multi-platform integration, dynamic allocation, and transparent on-chain and off-chain methods. It is reported that since its launch, the MOBOX platform has burned a total of 46,925,433 MBOX tokens through the buyback plan. The current buyback plan is set to begin with $1 million.
Cryptocurrency company Coin98 Finance rebrands as Ninety Eight
The co-founder and CEO of Vietnamese crypto company Coin98 Finance, Vinh The Nguyen, announced that the Coin98 Finance brand has been upgraded to Ninety Eight. In September, the company's venture capital arm, Coin98 Ventures, announced a name change to Arche Fund. It is reported that Coin98 Ventures has invested in over 30 companies and protocols across the Web3 stack, including GuildFi, Magic Eden, and Aura Network.
EDBI has newly acquired 357,263 shares of Bitdeer (NASDAQ stock code: BTDR).
According to data submitted to NASDAQ on September 30, 2023, Singaporean investment company EDBI Pte Ltd has made its first investment in Bitdeer Technologies Group (NASDAQ stock code: BTDR), purchasing 357,263 shares. EDBI's participation further highlights institutional investors' interest in cryptocurrency mining companies, particularly Bitdeer.
It is reported that Bitdeer will make its initial public offering in April 2023. Recently, well-known investment institutions such as Blackrock, Invesco, and TIAA have also increased their holdings.
Bitcoin sidechain development company Nomic has launched nBTC with IBC support, which has been listed on Cosmos ecosystem DEX Osmosis and Kujira. Users can directly transfer Bitcoin to the Cosmos ecosystem through Nomic's cross-chain bridge using their Bitcoin address.
Oracle Pyth Network initiates retroactive airdropAccording to official sources, the oracle project Pyth Network has initiated a retroactive airdrop, which will be distributed to Pyth Network community members who have made contributions, 27 blockchain applications that use Pyth data, and individual users of these applications. Users can check their eligibility for the airdrop on the official designated page, and the date for receiving the airdrop distribution has not yet been announced.
Pai Shield: DeFi protocol Onyx suspected of being attacked
According to the monitoring of Paidu Shield, the DeFi protocol Onyx is suspected to have been attacked.派盾：DeFi protocol Onyx has been hacked with losses reaching $2.1 million
According to Paiduin's monitoring, the DeFi protocol Onyx has been stolen with a loss of $2.1 million.派盾：Onyx attackers have sent 100 ETH to TornadoCash for mixing
According to the monitoring of Paidun, the attacker of DeFi protocol Onyx has sent 100 ETH to TornadoCash for mixing.CeFi Information
HashKey Exchange has launched a mobile app for retail investors.
According to a report by Cointelegraph, blockchain infrastructure and tool company Kana Labs has completed a $2 million seed round of financing, with participation from NetMarble subsidiary MarbleX, Nexus One, Klaytn, and Gate.io.
This round of financing will be used to enhance products such as intelligent wallets and Web3 middleware toolkits, and to expand internationally, with a special focus on the Asia-Pacific region, including South Korea, Japan, Hong Kong, and Taiwan. Prior to this round of financing, Kana Labs conducted a pre-seed round of financing with oversubscription, with a valuation of $21 million, according to reports.
Regulatory News
SBF trial closing statement will begin at 21:30 today
According to WSJ, Judge Lewis Kaplan of the SBF trial stated that the closing arguments will begin at 9:30 PM Beijing time on Wednesday. Kaplan, prosecutors, and defense lawyers are expected to discuss legal instructions on Tuesday afternoon, and the judge will read these instructions to the jury before deliberation. It is reported that the closing arguments of both parties are expected to last for two to three hours. Based on this schedule, the jury may begin deliberation on Thursday.
SBF: No memory of promising FTX will repay $11.6 billion debt to Bahamas
According to Bloomberg, SBF appeared in court again and faced questioning from prosecutor Danielle Sassoon. Danielle Sassoon attempted to emphasize evidence that FTX and SBF assured investors of the safety of the trading platform. SBF often replied with "I'm not sure" and did not directly answer the questions. According to Bloomberg court reporter Bob Van Voris, SBF said "I'm not sure" 99 times.
The closing statement may be held as early as Tuesday instead of Wednesday. In addition, SBF stated that they do not remember telling the Prime Minister of the Bahamas that FTX will repay the country's $11.6 billion debt.
The US Department of Justice (DOJ) announced on Tuesday that Amir Bruno Elmaani, the founder of blockchain protocol Oyster Pearl, also known as "Bruno Brock", has been sentenced to four years in prison for tax crimes and ordered to repay $5.5 million (estimated tax losses).
According to the Ministry of Justice, Elmaani earned "millions of dollars" through the IC0 issuance of its protocol token PRL, but he did not report the sales revenue. Instead, he forged tax returns and used $10 million in profits to purchase multiple yachts (where he stored gold bars), real estate, and home renovations.
The Commodity Futures Trading Commission (CFTC) Commissioner Christy Goldsmith Romero, who oversees the regulation of the US derivatives market, stated that $16 million has been paid to whistleblowers this year, with 1,530 tips received, most of which involve cryptocurrencies. Fraud and other illegal activities are still prevalent in this field.
Welcome to join the official community of BlockBeats by LuDong.
Telegram subscription group: https://t.me/theblockbeats
Telegram communication group: https://t.me/theblockbeatsApp
Twitter official account: https://twitter.com/BlockBeatsAsia
Welcome to join the official BlockBeats community:
Telegram Subscription Group: https://t.me/theblockbeats
Telegram Discussion Group: https://t.me/BlockBeats_App
Official Twitter Account: https://twitter.com/BlockBeatsAsia
Related Articles
