Atomics Market reminds users to quickly transfer assets to new addresses
On November 25th, Atomicals Market released a latest announcement, reminding all users who have placed orders on Atomicals Market to transfer their assets to a new address as soon as possible to ensure asset security. This is one of the emergency security measures taken by Atomicals Market after a series of recent security incidents.
SUPER briefly broke through 0.36 USDT, rising 44.01% in 24H
Odaily Star Daily News Bitget market data shows that SUPER has broken through 0.36 USDT in a short time, currently reporting 0.32328 USDT, with a 24-hour increase of 44.01%.
UAE Crypto-Asset Regulator: ISLM issuer BG fully cooperated during the investigation and has taken remedial measures
According to the United Arab Emirates' cryptocurrency regulatory agency VARA, the issuer of Islamic Coin (ISLM), Bored Gen DMCC (BG), has cooperated fully in the investigation of the token's issuance, marketing, and distribution processes. It also added that BG has taken "remedial measures, including implementing full public disclosure, to improve market safeguards."
IOTA 2.0 Incentives and Token Economics White Paper: Removing Token Holder Fees and Working to Eliminate Inflation
IOTA 2.0 incentives and token economics white paper has been recently released. According to the white paper, IOTA 2.0 provides access to the network as a reward for maintaining the network, to create an inclusive and accessible cryptocurrency ecosystem, and to achieve digital autonomy for a wider user base. IOTA 2.0's leaderless consensus eliminates the cost for token holders, who can destroy the resource Mana generated by tokens to produce their own blocks. By rewarding users who participate in the network with Mana instead of basic token rewards, IOTA 2.0's token economics prevents value acquisition and exploitation by profit-driven validators. The method aims to eliminate inflation, ensure a fixed token supply, and prevent wealth centralization. Directly linking rewards to the system's utility also encourages continuous, long-term participation by early adopters and accommodates users who are limited in obtaining cryptocurrency rewards.
Liquidity staking platform ether.fi adds EigenLayer points data to dashboard
The liquidity collateral platform ether.fi has announced that the ether.fi dashboard now supports displaying EigenLayer points. ether.fi points out that users holding eETH or weETH will receive points. Points are distributed once per hour, and the distribution rate will increase as more validators come online. Points will be distributed based on the proportion of eETH (or weETH) held by the user to the total pool of eETH. Earlier, the liquidity collateral platform ether.fi announced that it is open to all users, allowing them to mint eETH to receive ETH collateral rewards, ether.fi points, and EigenLayer points.
ECB President’s Son Lost 60% of His Money in Crypto Trading
European Central Bank President Christine Lagarde revealed that her son suffered huge losses from investing in cryptocurrency. Lagarde stated that he completely ignored me, which is his privilege, and he lost almost all the money he invested in cryptocurrency trading. Although not much, he lost everything, about 60%, so when I talked to him about this again, he reluctantly accepted that I was right.
Alchemy Pay Acquires Money Transmission License in Iowa for US Expansion
Alchemy Pay has obtained a money transmission license in Iowa, in compliance with local state laws. The crypto-fiat payment gateway plans to expand extensively into the United States and is looking into acquiring permits in other countries like Hong Kong and the United Kingdom. Alchemy Pay believes that proper regulations are essential for the sustainable growth and development of the fiat-crypto payment industry. The company is valued at $400 million and offers various payment methods, including Mastercard, Visa, domestic transfers, and regional mobile wallets. It also recently joined the Stellar ecosystem as a new provider of on-ramp and off-ramp services.
Russian cryptocurrency exchange CommEX’s daily trading volume reaches 90 million rubles
Based on the data released by the Russian cryptocurrency exchange CommEX, its daily trading volume has reached 90 million rubles since its launch, and the number of users has exceeded 200,000 accounts. The trading volume has increased by 460% in the past month.
Xapo Bank CEO: Crypto adoption surges among Latin America’s “grassroots users”
Seamus Rocca, CEO of Xapo Bank, stated that although the size of the cryptocurrency economy in Latin America is smaller than in other regions, the adoption of "grassroots users" is growing rapidly, especially in Argentina and Mexico. Xapo Bank aims to achieve capitalization by promoting cross-border transactions and providing secure, efficient cryptocurrency and stablecoin services to help reshape the region's financial operations.
UK Finance Minister announces legislation to promote the development of the country’s digital asset industry
UK Treasury's mini-budget released on Wednesday includes a clause to promote the growth of the digital asset industry. The UK government will legislate to implement the Digital Securities Sandbox (DSS), aimed at promoting the adoption of digital assets in the financial market. The budget statement said, "The government will develop statutory documentation to implement the Digital Securities Sandbox, fulfilling the Edinburgh Reforms announcement, and implementing the financial market infrastructure sandbox by 2023." The DSS plan is expected to start in the first quarter of 2024. The UK government also plans to release a response to the DSS consultation launched in July.
