Organized by: Fairy, ChainCatcher
Important News:
- The FBI has searched the home of Polymarket's founder and seized his phone
- The official X account of the government efficiency department (D.O.G.E) led by Musk is now live
- Binance will launch Usual (USUAL) on Launchpool and Pre-Market
- Indian police have arrested the main suspect in the WazirX hacking incident
- Litecoin official: Now acknowledging LTC as a meme coin
- The water resource RWA project LAKE has completed $12.4 million in financing, with participation from Artaize Invest and others
- Digital asset trading platform Wyden has completed $16.4 million in Series B financing, led by Truffle Capital
- The core team of OpSec has collectively resigned, with the CEO stating that the project's founder has been absent for a long time and has monopolized financial power
"What important events have occurred in the past 24 hours"
The official X account of the government efficiency department (D.O.G.E) led by Musk is now live
According to relevant page information, the official X account of the government efficiency department (D.O.G.E), led by Musk and Vivek Ramaswamy, is now live.
Notably, the account handle is “@DOGE”.
The core team of OpSec has collectively resigned, with the CEO stating that the project's founder has been absent for a long time and has monopolized financial power
Chris Williams announced on X that he has resigned as CEO of OpSec.
He stated: “The entire core team will also resign with me. Despite our best efforts, we have encountered challenges that prevent us from continuing to work in a manner consistent with our values of transparency, accountability, and integrity.
This decision was made based on recent findings revealed by ZachXBT, as well as our self-assessment of OpSec's operations. These findings, combined with the long-term absence of the undisclosed founder and the unilateral control over the company's finances, severely limited our ability to lead effectively and execute our vision. Payment delays, layoffs, and the unclear direction of OpSec have put immense pressure on our team and affected our collective ability to fulfill our commitments to our loyal community.”
According to RootData, OpSec is an AI and decentralized cloud computing platform featuring decentralized servers, dedicated networks, RDP, GPU, one-click node setup, etc., aimed at achieving cloud security for DePIN hardware.
Previous news reported that on-chain detective ZachXBT stated on X: “SCALE, NTD, TPU, and OPSEC projects are all associated with the same person Zopp0, who uses multiple KOLs to exploit inexperienced traders.”
Data: The trading volume of 6 Hong Kong virtual asset ETFs today is approximately HKD 136 million
Hong Kong stock market data shows that as of the close, the trading volume of 6 Hong Kong virtual asset ETFs today is approximately HKD 136 million.
Among them:
The trading volume of the Huaxia Bitcoin ETF (3042.HK) is HKD 117 million;
The trading volume of the Huaxia Ethereum ETF (3046.HK) is HKD 5.76 million;
The trading volume of the Harvest Bitcoin ETF (3439.HK) is HKD 4.55 million;
The trading volume of the Harvest Ethereum ETF (3179.HK) is HKD 1.28 million;
The trading volume of the Bosera HashKey Bitcoin ETF (3008.HK) is HKD 6.58 million;
The trading volume of the Bosera HashKey Ethereum ETF (3009.HK) is HKD 1.11 million.
Binance will launch Usual (USUAL) on Launchpool and Pre-Market
According to the official announcement, Binance will launch Usual (USUAL) on Launchpool and Pre-Market.
The Pre-Market will launch USUAL on 2024-11-19 at 10:00 (UTC). Launchpool will start from 2024-11-15 at 00:00 (UTC).
Indian police have arrested the main suspect in the WazirX hacking incident
According to BeInCrypto, Indian police have arrested SK Masud Alam, a resident of West Bengal, for his alleged involvement in the WazirX hacking incident. Earlier this year, this hacking incident resulted in losses of over $230 million in cryptocurrency, leaving customers unable to withdraw funds.
Alam is accused of creating a fake account under the alias Souvik Mondal and selling that account to hackers via Telegram. The account was later used for illegal operations against the cryptocurrency exchange WazirX.
Altos Ventures' new fund has completed $500 million in fundraising, aiming to explore fields such as artificial intelligence and blockchain
According to documents disclosed by the U.S. Securities and Exchange Commission, Altos Ventures has completed $500 million in fundraising for its new fund, focusing on artificial intelligence, cybersecurity, cloud computing, and blockchain, and supporting the next generation of technology disruptors.
Altos Ventures has currently invested in over 250 companies, with more than ten having gone public or been acquired by public companies. Its portfolio includes South Korean e-commerce giant Coupang and the gaming platform Roblox, known as the "first stock of the metaverse." However, Altos Ventures has declined to comment on the fundraising situation related to the new fund.
Additionally, Web3 asset data platform RootData shows that Altos Ventures makes initial investments in startups to capture emerging consumer and business opportunities. Altos Ventures aims to collaborate with management to build world-class companies based on strong operational foundations and attractive unit economics.
Litecoin official: Now acknowledging LTC as a meme coin
The official X account of Litecoin (@litecoin) posted, “Given the current market conditions, we now acknowledge LTC as a meme coin.”
OKX market data shows that LTC briefly rose to $85.
The water resource RWA project LAKE has completed $12.4 million in financing, with participation from Artaize Invest and others
The blockchain company LAKE, focused on reshaping the global water economy, announced the completion of $12.4 million in financing, with participation from Artaize Invest, EMB Venture Capital, Michel Audeban-Business Angel, and the MSM family office.
Earlier this year, LAKE completed $3 million in private placement financing, expanded its workforce, and opened a new operations center in Dubai.
LAKE is an RWA project with a vision to leverage blockchain technology to improve the current water economy and promote equitable and decentralized access to water resources globally.
Digital asset trading platform Wyden has completed $16.4 million in Series B financing, led by Truffle Capital
Digital asset trading platform Wyden announced the completion of $16.4 million (CHF 14.5 million) in Series B financing, led by French fintech investment firm Truffle Capital, with new investors such as Postfinance, SBI-Sygnum-Azimut Digital Asset Opportunity Fund, and Fivet Fintech also participating. Existing investor C3 Venture Capital also took part in this financing.
Additionally, according to the Web3 asset data platform RootData, Wyden ensures optimal execution through market-wide connections and end-to-end digital asset orchestration. Seamless integration with major custodians, core banking, and portfolio management system providers makes Wyden a leading institutional trading platform covering the entire trading lifecycle of cryptocurrencies and digital assets.
The FBI has searched the home of Polymarket's founder and seized his phone
According to The New York Times, the FBI searched the home of Polymarket's founder. Three insiders stated that the search of Polymarket founder Shayne Coplan is part of a criminal investigation.
Polymarket claims that the raid is retaliation against its users for overwhelmingly betting that Trump would win the election. The site indicated a high probability of Trump winning before the election, while showing a low probability for Harris, which contradicts most mainstream polling results.
Previous reports indicated that the U.S. Department of Justice is investigating the cryptocurrency prediction platform Polymarket, accusing it of accepting trades from U.S. users.
Upbit adds PePe (PEPE) digital asset to the Korean won market
According to the official announcement, Upbit has added PePe (PEPE) digital asset to the Korean won market.
“What are the exciting articles worth reading in the past 24 hours”
From the FBI raid on Polymarket's founder to the death of Peanut, PolitiFi-like MEME coins are being hyped
After the U.S. presidential election, Shayne Coplan, the founder of the Polymarket platform, which accurately predicted the winning results, was suddenly raided by the FBI, an act that was responded to as "political retaliation" and received support from Musk. Meanwhile, the investigation into Polymarket has sparked strong reactions in the crypto community, with the related MEME coin Free Shayne Coplan (Eagle) also receiving significant funding participation.
FBI Opens The Door! The hot potato Polymarket faces a regulatory raid
The New York Post reported today that insiders revealed Polymarket founder Shayne Coplan's home in New York's Soho district was subjected to an FBI raid—around 6:00 AM local time, Coplan was awakened at home, and FBI agents demanded he hand over his phone and electronic devices, but did not arrest Coplan.
Bloomberg subsequently reported that the raid was prompted by the U.S. Department of Justice (DOJ) investigating Polymarket, accusing the platform of violating an agreement made in 2022 with the Commodity Futures Trading Commission (CFTC) to "prevent U.S. users from accessing" the platform while still continuing to accept trades from U.S. users.
After the incident, Coplan himself posted two updates on X, the first joking about needing a new phone… The second was a direct response stating: "It is frustrating that the current government would make a last-ditch effort to pursue companies they believe are associated with political opponents. We are firmly committed to a nonpartisan stance, and today is no exception, but the current government should engage in some self-reflection and recognize that taking a more business-friendly and entrepreneurial approach could change the fate of this election for them. Polymarket has provided value to tens of millions of people during this election cycle without harming anyone. We are proud of this. I can say with my head held high that the future of America, especially the future of American entrepreneurship, has never been brighter. In the face of adversity, we will continue to build."
PNUT drives the "animal rescue" narrative, Jorgie and Eagle become new favorites in the small-cap Meme market
Good morning, esteemed PNUT holders.
It’s another day awakened by the rise of PNUT, and while congratulating (and feeling envious of) the esteemed PNUT holders, FOMO sentiment fills today’s market.
If you look closely at the sector structure, you will find that the overall market is slightly declining today, but Meme coins are soaring ahead.
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