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Rhythm Evening News|Reddit plans to IPO in Q1 2024; DWF Labs and DWF Ventures launch the first Web3 incubation plan

Read this article in 14 Minutes
An overview of important information in the encryption industry on November 29, GN!

Selected News:

1. Reddit plans to go public in Q1 2024 and is currently in discussions with potential investors;

2. DWF Labs and DWF Ventures launch the first Web3 incubation program;

3. The Cosmos Ecology Foundation invested $100,000 in Celestia in 2021, which is now worth $70 million.

4. The total market value of USDT has exceeded 89 billion US dollars, setting a new historical high.

5.Velodrome and Aerodrome front-end were attacked, but the contracts were not affected.


Price Observation


GRT、CHZ、MNT are among the top Smart Money inflows in the 24-hour ranking list.

At noon today, according to Nansen 2 data, the Smart Money 24-hour fund inflow tracking list on the Ethereum network is as follows:


ETH: Approximately 147 million US dollars, quoted at 2050.69 US dollars, with a 24-hour increase of 1.24%.

GRT: Approximately $4.84 million, quoted at $0.1475, with a 24-hour increase of 1.3%;

CHZ: approximately 2.19 million US dollars, quoted at 0.729 US dollars, with a 24-hour decline of 0.12%.

MNT: Approximately 1.57 million US dollars, quoted at 0.526 US dollars, with a 24-hour increase of 4.28%.

LINK: About 900,000 US dollars, quoted at 14.63 US dollars, with a 24-hour increase of 3.51%.MATIC: Approximately $880,000, quoted at $0.7516 USD, with a 24-hour increase of 1.25%.


SEI short-term breakthrough $0.29, 24-hour increase of 32.96%

At around 1:00 PM today, according to market data, SEI broke through $0.29 in a short period of time, with a quoted price of $0.2876 and a 24-hour increase of 32.96%.


Pixels NFT floor price breaks 1 ETH, 7-day increase reaches 67%

At around 5pm today, according to OpenSea data, the floor price of the NFT game Pixels Farm Land has surpassed 1 ETH, with a 7-day increase of 67%.


Coinbase stock price breaks $130 in pre-market trading

At around 5:00 PM today, according to market data, Coinbase Global, Inc. (COIN) stock price broke through $130 in pre-market trading, with a quoted price of $130.30, a daily increase of 1.58%, and a rise of over 75% in the past month.


BC Technology Group's stock price rose more than 47% in a single day, currently trading at $9.93 USD.

At around 5:00 pm today, according to market data, the stock price of BC Technology Group surged to $9.93, with a daily increase of 47.111%. On November 28th, the board of directors of BC Technology Group Limited announced that OSL Digital Securities Limited (OSL) has significantly expanded its cooperation services with Interactive Brokers Hong Kong (IBKR).


With the support of OSL's platform driver, retail users of Interactive Brokers in Hong Kong can now conduct digital asset transactions in real-time through a one-stop-shop. As the only digital asset trading platform of Interactive Brokers, OSL will continue to set industry standards in service, security, and compliance.


MAD LADS NFT floor price breaks 140 SOL, with a 24-hour increase of 12.60%

At around 4:00 pm today, according to market data, the MAD LADS NFT floor price broke through 140 SOL, with a quoted price of 140.79 SOL, a 24-hour increase of 12.60%, and a 24-hour trading volume of 16,564 SOL.



























Velodrome has released an update stating that protocol funds are secure and contracts are not affected. Users are advised to ensure they are accessing the correct decentralized front-end website for Velodrome and to check all permissions granted in the past few hours. Earlier today, the Velodrome and Aerodrome front-ends were attacked.


Hooked Protocol proposed the HOOK 2.0 proposal, which will consume a large amount of HOOK for ecological upgrade.

Web3 social network Hooked Protocol announced the proposal of HOOK 2.0, which indicates that HOOK will serve as a Gas token in the Appchain ecosystem and empower more ecological applications for significant upgrades in the on-chain ecosystem.


Chain game Pixels launches "Guild" inspired by projects such as FriendTech, allowing players to buy and sell their membership

P2E blockchain game Pixels has officially launched the first version of its "Guilds" system. The system draws inspiration from the designs of FriendTech and Stars Arena, aiming to introduce a new form of community building and tightly integrate it into the Pixels game.


Players can purchase membership qualifications to join guilds, and the joining price is determined by the Bonding Curve. Users can also sell their membership qualifications at a price determined by the Bonding Curve. 5% of the tax revenue from buying and selling membership qualifications will be divided between the guild and Pixels. The guild ranking system will also be introduced, and players can join multiple guilds and purchase multiple membership qualifications, but the guild where their main membership qualification is located will become their "active guild".


Forbes' latest "Under 30" list data will be put on the Ethereum blockchain for the first time.

Forbes announced that the data for this year's "Under 30" list will be first launched on the Ethereum blockchain. Each category and individual profile in the list will be recorded on the chain, ensuring that the achievements and stories of these outstanding individuals are permanently preserved.


The Forbes 30 Under 30 Elite List covers 20 categories including art, entertainment, retail and e-commerce, finance, and investment. The judges for the "30 Under 30 Finance 2024" list include Circle co-founder and CEO Jeremy Allaire, and the selected Web3 practitioners include Injective Labs founders Eric Chen and Albert Chon, Fractal co-founders and co-CEOs Aya Kantorovich, Sei Labs founders Jayendra Jog and Jeff Feng, and Layer3 co-founders Dariya Khojasteh and Brandon Kumar.


CeFi Information


Binance liquidity mining will remove some liquidity pools such as AAVE/USDT and AVAX/USDT

According to the official announcement, Binance liquidity mining will remove the following liquidity pools on December 06, 2023 at 12:00 (GMT+8):


AAVE/BNB、AAVE/ETH、AAVE/USDT、AVAX/USDT、BCH/BNB、BCH/USDT、CAKE/USDT、CHZ/USDT、COMP/BTC、DOT/BNB、DUSK/USDT、DYDX/BTC、DYDX/USDT、EDU/BTC、FIL/USDT、FTM/USDT、GALA/USDT、GMT/BTC、GMT/USDT、HOOK/BTC、ICP/USDT、INJ/BNB、MANA/USDT、MATIC/BTC、NEAR/BTC、NEO/USDT、RUNE/USDT、SHIB/DOGE、SOL/BNB、TRX/USDT、USDC/USDT、VET/BTC、VET/ETH


If users still hold positions in the above-mentioned liquidity pool, the system will automatically return the assets to the user's spot wallet at 12:00 on December 06, 2023 (GMT+8).


Binance will support Lisk (LSK) network upgrade and hard fork

According to the official announcement, Binance will support the Lisk (LSK) network upgrade and hard fork. The specific arrangement is as follows: the project party will upgrade the network and hard fork at block height 23,390,991 (estimated to be 18:00 on December 5, 2023, Eastern Time); Binance is expected to suspend token deposit and withdrawal services for the above network at 17:00 on December 5, 2023, Eastern Time.


Binance will add BLUR/FDUSD, DYDX/TRY and other spot trading pairs

According to the official announcement, Binance will launch BLUR/FDUSD, DYDX/TRY, SUPER/FDUSD, USTC/FDUSD, and USTC/TRY spot trading pairs at 16:00 on November 30, 2023 (GMT+8).


Binance will stop supporting BUSD products on December 15th.

Binance announced that it will stop supporting BUSD products on December 15, 2023, as Paxos has ceased minting new BUSD.


BUSD will always be anchored to the US dollar at a 1:1 ratio. Paxos has declared that they will continue to support BUSD and keep the BUSD exchange channel open until at least February 2024.


Bitfinex Securities has launched the ALT2611 tokenized bond, raising only 15% of the target amount during the fundraising period.

According to a report by Cointelegraph, Bitfinex Securities launched the ALT2611 tokenized bond on November 15th. However, after a two-week fundraising period, only $1.5 million was raised out of the targeted $10 million, which is 15% of the goal, as shown on the official website.


Polkadot (DOT) will be listed on HashKey Exchange

Polkadot (DOT) is about to be listed on HashKey Exchange, a licensed virtual asset exchange in Hong Kong. The listing details and schedule are as follows:


Recharge and withdrawal: now available.

Trading opens on November 30, 2023 at 16:00 (Hong Kong time).

Trading Pair: DOT/USD

Open user type: Limited to professional investors (high net worth individuals with investment portfolios of no less than HKD 8 million).


Viewpoint Data


USDT total market value exceeds 89 billion US dollars, hitting a new historical high













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