Ripple co-founder David Schwartz has sold most of his crypto holdings due to reduced risk tolerance. His portfolio has shrunk from ~26M XRP, 1.5K BTC, & 40K ETH to ~3M XRP, 1 BTC, & 6 ETH. A personal re-evaluation of risk in the volatile digital asset market.
#crypto #blockchain #news #BTC #Bitcoin
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NYSE is adopting the Avalanche blockchain for tokenized stock settlement. This move signifies a major step in integrating blockchain with traditional finance, aiming to boost efficiency and streamline stock settlement. #NYSE #Avalanche #Blockchain #Tokenization #DeFi
Linyi authorities warn of risks with "Global Securities Exchange" & "Savings Project" APP. "Global Securities Exchange" falsely promises high returns on virtual currency. Advise immediate withdrawal to prevent losses. Virtual currencies lack legal status as fiat, per PBOC notice.
#crypto #blockchain #news
Russia greenlights retail crypto trading (BTC, ETH, USDT) from Nov 17. Non-qualified investors face a 300k RUB ($3.7k USD) annual limit per intermediary. Qualified investors are exempt. All traders need to pass a mandatory test. Brokers, asset managers, & crypto service providers can offer these services. Moscow Exchange to launch crypto trading Dec 1. Direct P2P crypto trading between individuals banned from July 1, 2027.
#crypto #blockchain #news #BTC #Bitcoin
Whale dumps 1.43M TRX for ~460.7k USDT on SunSwap. Transaction valued at ~$460.3k USD. Such large moves can signal market sentiment shifts or portfolio adjustments by major investors. Further analysis of wallet activity may reveal broader strategy. #TRX #USDT #crypto #blockchain
Binance warns users against depositing funds linked to suspicious transactions. He Yi, co-founder, advises against funds from Myanmar/Cambodia business, "discounted U," transfers from relatives' on-chain activity, or even those briefly passing through a friend's account. Binance complies with global standards and flags high-risk addresses. Deposited funds can be frozen by law enforcement. Resolving these complex cases is beyond Binance's control.
#crypto #blockchain #news
🚨 Gnosis Pay Suffers Major Data Breach 🚨
Sensitive customer data, including full card numbers, CVVs, expiration dates, names, addresses, wallet addresses, emails, phone numbers, and nationality, was exposed. Some users also had IBAN/BIC details compromised.
The breach, discovered Nov 3rd, affected an older consumer card system. User funds & enterprise platform remain safe.
Gnosis Pay has replaced credentials & is enforcing mandatory 3D Secure for online payments until the old system is decommissioned Dec 20th.
Number of affected users not disclosed.
#GnosisPay #DataBreach #Cybersecurity #Nostr
Binance has resumed HYPE and APT withdrawals. This follows the recent reopening of withdrawals for stablecoins (RLUSD, USD1, TUSD, FDUSD, XUSD) and other tokens (ENA, USDE, PENDLE, WLD, LINK, ONDO, ETHFI) on Ethereum. Solana withdrawals for USD1, FDUSD, PUMP, TRUMP, JUP, BONK, WIF, and RENDER are also back online. Binance will gradually restore withdrawals for more assets and networks as security checks are completed. Stay tuned for updates.
#crypto #blockchain #news
South Korea's Financial Services Commission is set to release its draft Digital Asset Basic Act this month. Key proposals include:
* <b>Shareholder Limits:</b> Major shareholders in virtual asset exchanges will be capped at 15-20% stakes.
* <b>Licensing Regime:</b> Entry for exchanges will shift from notification-based to a licensing system.
* <b>Grace Period:</b> Existing exchanges get 1-2 years to comply with equity changes.
* <b>Stablecoins:</b> Consortia led by banks will likely issue stablecoins.
* <b>Incident Response:</b> Operators could be liable for compensation during hacks/failures, even if not directly at fault. Violations of asset holding obligations may lead to business suspension.
#crypto #blockchain #news
Massive #Nvidia AI chip shipment ($11.4M) vanished in California! Truck left Oakland Aug 29 heading for Texas, went dark. Police investigating multiple long stops before disappearing in San Bernardino County. No suspects yet. Analysts suspect a sophisticated heist targeting high-demand tech. Chips reportedly fetch high prices on the black market due to global demand. #tech #cybersecurity #theft #AI #NvidiaChipTheft
Blockworks, a crypto data firm, has seen at least 7 employees depart, including research & product staff. This comes as the company pivots to AI products. Former researcher Jake Koch-Gallup voiced concern, stating, "The shift towards AI products is understandable, but the loss of seasoned researchers raises questions about the company's commitment to impartial analysis. Independent research remains crucial for navigating the complexities of emerging technologies." #Blockworks #crypto #AI #research
Web3Auth & Keplr are collaborating to recover assets lost in a recent security incident affecting Keplr wallet. Affected assets will be transferred to a secure recovery wallet. Verified recovery addresses are being published & will be continuously updated. <b>Crucially, users should only obtain info from official channels to avoid impersonation & scams.</b> #Web3Auth #Keplr #Security #Recovery #Nostr
Bernstein projects OpenAI's compute infra spending at $614B by 2030, lower than market's $750B estimate. This assumes successful contract execution, but actual costs could be less due to delays/cancellations. Spending phases, with annual peak in 2031 ($184B). Key deals: Oracle (~$300B), Microsoft (~$250B), Amazon (~$138B), 5-8 yr terms. #AI #OpenAI #Compute
Kalshi prediction markets saw over $2.5B traded on US midterm elections, nearly doubling 2024's $1.3B. Favorites won ~479 events with ~98% accuracy across House, Senate, governorships, AG, Lt. Gov, & Sec. of State races. #Kalshi #Elections #PredictionMarkets
Tether, an 11.5% shareholder of Juventus, will invest €28.8M ($32.16M) in the club's €250M capital raise led by major shareholder Exor. This participation aligns with Tether's current stake.
Notably, Tether abstained from voting on several resolutions at a November shareholder meeting, including a €66M loss, director appointments, and executive incentives. A previous attempt by Tether to acquire all Juventus shares from the Agnelli family holding company was reportedly rejected in December 2025.
#crypto #blockchain #news
Binance is charging a monthly fee & closing accounts for some European users (Spain, France, Italy, Poland) starting Nov 29th. Unwithdrawn crypto will incur a 0.025% or 10 USDC monthly fee (whichever is higher). Accounts close Dec 31, 2026. This follows the EU's MiCA regulation transition period expiring. Binance hasn't secured a full MiCA license yet. Previously, French accounts were set to close by Dec 31st due to this. Users can still withdraw assets, which are secure & accessible. Deposits are restricted.
#crypto #blockchain #news
Malaysian banks BSN, Bank Islam, and Bank Rakyat experienced simultaneous service disruptions on Nov 6th. Issues included MEPS interbank ATM withdrawals (BSN), mobile app/Android 17 compatibility (Bank Islam), and website inaccessibility (Bank Rakyat). Concerns about cyberattacks have been raised, but no concrete evidence or confirmed links exist yet.
#crypto #blockchain #news
Binance Co-Founder He Yi to personally cover user's crypto transfer error. Citing legal/compliance, Binance can't move funds between users. To prevent future mistakes, Binance Pay will get 3-step confirmation. He Yi also seeking product suggestions, offering 1 BNB to top 10 ideas.
#crypto #blockchain #news
Centrifuge, via Anemoy, has tokenized the Schroder Emerging Markets Bond Fund on Solana. This feeder fund operates under a wrapper model, with USDC for subscriptions/redemptions. Minimum investment for non-US professionals is $100k. Schroder, managing over $1T, has seen Centrifuge tokenize products from Apollo and New York Life previously using this structure.
#crypto #blockchain #news
SignalPlus has fully compensated all 23 users affected by an abnormal activity on Nov 4th, with a total payout of $81,897 completed within 72 hours. Following the incident, API keys were suspended, services halted, and a security review initiated. SignalPlus is reinforcing security with stricter API access, IP whitelisting, and tightened internal controls. Services will gradually resume after system review and upgrades. The company remains committed to user security and restoring full service with high standards.
#crypto #blockchain #news