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Legal Daily News | US SEC Chairman says it is possible to restart FTX with a new leadership team that clearly understands the legal prerequisites; OKB breaks through $58, reaching a new high in nearly 9 months.

Read this article in 18 Minutes
November 9th Cryptocurrency Industry Important News Overview, GN!

Selected News:

1. OKB breaks through $58, hitting a new high in nearly 9 months;

2. The maximum holding address of sats once minted 15 trillion sats on September 24th, with a current value of $1.91 million.

3. SEC Chairman: Restarting FTX under a new leadership team with a clear understanding of legal prerequisites is possible;

4. Yuga Labs confirms that the UV-A radiation released by the lighting at ApeFest event caused eye problems for the participants.

5. The Meme section is booming, with ORDI and PEPE both rising over 15% in the past 24 hours.


Price Observation


Due to the impact of Binance's contract launch, BADGER briefly surged to $3.7

On November 9th, according to market information, BADGER briefly surged to $3.7 USD and is now trading at $3.5 USD, with a 24-hour increase of over 20%, likely due to the impact of Binance listing its contracts.


GAS breaks through $16, up more than 140% in a single week

On November 9th, according to OKX market data, GAS rose and broke through $16, now priced at $16.352, with a growth rate of over 140% in the past 7 days. GAS is the native token of the NEO platform, used to pay for various operations and calculations on the NEO network, similar to the ETH token on the Ethereum network.


FTT 24-hour surge over 80%, currently trading at $2.2295

On November 9th, according to market data, FTT rose to touch $2.36 before falling back and is now priced at $2.2295, with a 24-hour increase of 83.86%. BlockBeats previously reported that earlier today, Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), said that if Tom Farley, CEO of Bullish, a cryptocurrency trading platform under Block.one, or anyone else wants to restart FTX, I would say, 'Act within the legal framework.' If the new leadership team operates with a clear understanding of the law, it is possible to restart FTX.


Meme sector sees widespread gains, with ORDI and PEPE up over 15% in 24 hoursOn November 9th, according to the latest data from OKX, the Meme sector saw a general rise in prices, including:

MEME has seen a 24-hour increase of 13.92%, with a current price of 0.02071 USD;

PEPE has seen a 15.93% increase in the past 24 hours, with a current price of 0.0000013272 USD;

PEOPLE has increased by 9.92% in the past 24 hours and is currently trading at a price of 0.01465 USD.

ORDI's 24-hour increase reached 19.45%, with a current price of 14.896 US dollars;

FLOKI has seen a 24-hour increase of 7.10%, with a current price of 0.00003268 USD.

SHIB's 24-hour increase is up to 4.57%, with a current price of 0.000008601 USD;

DOGE 24-hour increase reached 3.08%, now priced at 0.0763 USD;


OKB breaks through $58, hitting a new high in nearly 9 months

On November 9th, according to OKX market information, OKB broke through $58, reaching a new high in nearly 9 months. It is currently priced at $58.48, with a 7.14% increase today.


Bot class tokens see a general rise in prices, with BANANA rising over 18% in 24 hours.

On November 9th, according to market data, Bot tokens experienced a general increase in prices. Among them, MEVFREE (MEVFree) rose by 35% in 24 hours, now priced at $0.08648; PAAL (PAAL AI) rose by 27.1% in 24 hours, now priced at $0.12591; BANANA (Banana Gun) rose by 18.1% in 24 hours, now priced at $11.95; LOOT (LootBot) rose by 17.8% in 24 hours, now priced at $0.452558.

GENIE (GenieBot) has increased by 13.8% in the past 24 hours and is now priced at 0.00096717 USD; HOUSE has increased by 11.5% in the past 24 hours and is now priced at 1.17 USD.


Transaction Tracking


sats maximum holding address once minted 15 trillion sats on September 24th, worth $1.91 million currently

On November 9th, according to Lookonchain's monitoring, the address bc1qucxrk6y...0n2g minted a total of 1.5 quadrillion sats on September 24th, making it the largest holder of sats. Based on current prices, 1.5 quadrillion sats are worth approximately $1.91 million.


Storj team transferred 3.2 million STORJ, worth about 2.19 million US dollars, to Binance in the past 9 hours.

On November 9th, according to on-chain information, the address starting with 0x6E6 marked as "Storj" by Arkham transferred 3.2 million STORJ tokens, approximately 2.19 million USD, to Binance within the past 9 hours.


Market maker Cumberland deposits $1 million worth of AVAX to Coinbase

On November 9th, according to Scopescan monitoring, cryptocurrency market maker Cumberland deposited 75,200 AVAX (approximately $1 million) into Coinbase 3 hours ago.


A certain whale transferred 25,700 ETH to Binance, with an expected profit of $1.5 million.

On November 9th, according to Lookonchain monitoring, a whale deposited 25,700 ETH (approximately $49.42 million) to Binance 40 minutes ago. If all ETH is sold, a profit of approximately $1.5 million will be obtained. On-chain data shows that the whale has accumulated 9 wave ETHs since February 12th this year, winning 8 times with a winning rate of 88.9%. If all the latest transferred ETH is sold, the whale's total profit from wave ETH will exceed $14.5 million.


Whale 0x8e7 withdrew over 330,000 AAVE from Binance in the past two days, becoming the largest AAVE holder address currently

On November 9th, according to Spot On Chain monitoring, whale address 0x8e7 just withdrew 64,557 AAVE tokens worth approximately $6.96 million at a unit price of $107.8 from Binance. In the past two days, the address has withdrawn a total of 338,794 AAVE tokens from Binance, with a total value of approximately $33.7 million and an average price of $99.4. The address has become the largest single holder of AAVE, accounting for 2.12% of the total supply. It is estimated that the unrealized profit of the address is $3.04 million.


GRT, LINK, MATIC ranked among the top of Smart Money's 24-hour inflow list

On November 9th, according to Nansen 2 data, the Smart Money 24-hour Ethereum network fund inflow tracking list is as follows: ETH: approximately $48.7 million, currently priced at $1917.79, with a 24-hour increase of 1.98%; GRT: approximately $9 million, currently priced at $0.133, with a 24-hour increase of 1.29%; LINK: approximately $4.8 million, currently priced at $14.408, with a 24-hour increase of 8.31%; MATIC: approximately $4.68 million, currently priced at $0.799, with a 24-hour increase of 5.90%; WBTC: approximately $3.9 million, currently priced at $36,493.38, with a 24-hour increase of 3.38%; MNT: approximately $1.34 million, currently priced at $0.446, with a 24-hour increase of 6.2%.


Project Updates


Starknet Foundation establishes DeFi Committee to design and implement on-chain liquidity incentive programs.

On November 9th, the Starknet Foundation announced the establishment of the DeFi Committee. The committee's mission is to research, design, and implement on-chain liquidity incentive programs, and to guide and promote the development of the DeFi ecosystem on Starknet. The committee has a budget of 50 million STRK and is chaired by six members, including Damian, the administrator of the Starknet Foundation, Itamar Lesuisse, co-founder and CEO of Argent, Jane Ma, co-founder of zkLend, Mentor, co-founder and CEO of AVNU, Richard Thomas-Pryce, product manager of Nostra, and Vitaly Yakovlev, CTO of ZKX.


Prisma Finance airdrop application is now online.

On November 9th, the stablecoin protocol Prisma Finance's airdrop application is now officially online, and early users can now claim their PRISMA airdrop rewards. As previously reported by BlockBeats, Prisma Finance announced the launch of the Prisma retrospective airdrop, where locked PRISMA tokens will be airdropped to Prisma point holders and addresses that voted to support Prisma's inclusion in the Curve whitelist. The purpose of the PRISMA retrospective airdrop is to stimulate participation in Prisma's on-chain governance and enable a wider community to act as responsible managers of the protocol's development. Among them, veCRV voters will receive 1% of the total supply, distributed proportionally to all voters. Prisma point holders will receive 2% of the total supply, distributed to early users according to their point ratio.



Coin98 collaborates with OneID to launch ".c98" DID serviceOn November 9th, according to official sources, Coin98 has integrated OneID into its latest versions of Coin98 Super Wallet and Coin98 Extension, and launched a decentralized identity solution called ".c98", aiming to provide Coin98 users with a better multi-chain experience. OneID is a comprehensive identity solution that provides seamless and secure digital experiences for Web3 users through unified and decentralized identities (DID) across multiple blockchains. It is committed to simplifying access to different networks and managing Web3 identities, ultimately enhancing user convenience and confidence in the Web3 space.


Yuga Labs confirms that the lighting release of UV-A rays during the ApeFest event caused eye problems for participants.

On November 9th, according to CoinDesk, during the ApeFest event held by Yuga Labs in Hong Kong last weekend, multiple participants experienced photokeratitis symptoms. Yuga Labs confirmed that the ultraviolet light in a corner of the venue was "likely" the cause of this series of eye-related medical emergencies. Participants reported blurred vision and burning sensation in their eyes after the event, and some individuals reported eye problems lasting more than 30 hours. After investigation, Yuga Labs stated that a comprehensive inspection conducted in collaboration with event production company Jack Morton Worldwide found that the UV-A ultraviolet light installed in a corner of the venue was likely to have caused health events related to the eyes and skin. Yuga Labs advised anyone experiencing symptoms to seek medical attention and contact the company.


CeFi Information


Binance will launch BADGER 1-50x U perpetual contract

On November 9th, according to an official announcement, Binance will launch the BADGER 1-50x U perpetual contract on November 9th, 2023 at 20:30 (GMT+8).


ABCDE Highlight partners with Aptos to support the development of the Aptos ecosystem.

On November 9th, ABCDE's venture capital studio, ABCDE Highlight, announced a partnership with Aptos to support the development of the Aptos ecosystem.


Binance adds AST, GNO, ORDI assets and more trading pairs for cross and isolated margin

On November 9th, Binance added AST, GNO, ORDI assets, and more full and isolated margin trading pairs. The new full margin trading pairs are BADGER/USDT, MOVR/USDT, ORDI/USDT, RAY/USDT, and SCRT/USDT. The new isolated margin trading pairs are AST/USDT, GNO/USDT, RAY/USDT, and SCRT/USDT.









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