FTX sues CZ, Binance, and Humpy The Whale

️ On today's Top Picks:

Crypto News

• ⭐️ FTX & Alameda Research sue CZ, Binance, Humpy the Whale, Aleksandr ‘Sasha’ Ivanov; & others to recoup funds.

• Bitcoin $BTC reaches new all-time-high of ~$89k.

• ⭐️ MicroStrategy acquires an additional ~$2.03b of Bitcoin $BTC.

• ⭐️ Ethereum Researcher Justin Drake to unveil ambitious initiative for Ethereum's $ETH consensus layer.

• Ethereum $ETH developers publish EIP-7809 proposal for multiple native tokens.

• Tether introduces Wallet Dev Kit, a toolkit for developers to create Bitcoin & USDT wallets.

• ENS Labs $ENS to launch Namechain, an Ethereum Layer 2 designed to scale blockchain identity.

• Conduit partners with Flashbots to make Rollup-Boost available to Conduit rollups.

• Dune acquires smlXL for an undisclosed amount; to expand real-time multichain data offering.

• Bitcoin Fog Founder Roman Sterlingov sentenced to 12 1/2 years in prison for laundering millions of dollars.

Alpha

• ⭐️ Zerion teases "this is going to be a big week..." on X.

• Mezo to launch Mezo Testnet soon; releases Testnet Early Access form.

• Espresso Systems launches Espresso Network Mainnet 0.

• Polymer launches Polymer Hub Mainnet, an interoperability protocol for connecting Ethereum rollups.

• PumpBTC launches Arbitrum Mission Season campaign on Galxe.

• Rango launches new Profile & Scoring System; half of airdrop pool still available.

• Forge to launch Forge Year 1 Anniversary Mint on November 13th.

Airdrops

• OpenSea V2 redesign teases points system with retroactive rewards; OpenSea token potentially coming soon.

• Weekly Airdrop Updates Recap by Earndrop.

• ink Airdrop Strategy by Earndrop.

• Hyperliquid: today is the last day to review & accept Genesis Event Terms.

• WalletConnect to launch $WCT Airdrop on November 26th.

• Zircuit launches $ZRC Zircuit x Eigen Fairdrop.

• Elys Network snapshots Cosmos Hub $ATOM stakers; airdrop details coming soon.

• Towns posts "More information coming soon..." regarding Towns rewards.

• ICYMI Eclipse Airdrop Strategy by Earndrop.

Finance News

• Bitcoin $BTC flips Silver $XAG in terms of market cap.

• MicroStrategy $MSTR reaches new all-time high after over 24 years.

• Coinbase $COIN closes at highest level since November 2021.

• Marathon Digital $MARA adds 152 MW of operational capacity; aims for 50 EH/s by end of 2024.

• HIVE Digital $HIVE acquires 1.2 EH/s of Bitcoin miners from Canaan $CAN.

• BRICS proposes creation of global crypto investment platform.

• Russia's Gold $XAU Reserves surpass $200b; now ~33% of total international assets.

Security and Exploits

• DeltaPrime exploited for ~$4.75m due to lack of input validation when claiming rewards.

• Inferno Drainer moves Ethereum through Tornado Cash; potentially cashing out after selling operations to Anger Drainer.

• M2 crypto exchange hacker transfers $12.6m to new address; begins depositing funds to Tornado Cash.

• Tor faces ongoing attack; unknown attacker spoofing IP addresses of Tor relays causing widespread disruptions.

• US FBI reveals emergency data requests are being exploited to access sensitive user data.

• Amazon confirms employee data breach after vendor hack; adds no sensitive information was accessed.

Token Unlocks

• EigenLayer $EIGEN / ~$4m / NOV 12th
• Render $RENDER / ~$3m / NOV 13th
• Ethena $ENA / ~$8m / NOV 13th
• Axie Infinity $AXS / ~$5m / NOV 13th
• Cyber $CYBER / ~$4m / NOV 13th
• Polyhedra $ZKJ / ~$21m / NOV 14th
• Moonwell $WELL / ~$3m / NOV 14th
Sourced from Tokenomist

Funding

• ⭐️ StakeStone raises $22m in funding led by Polychain Capital.

• Brevis raises $7.5m in Seed funding led by Polychain & Binance Labs.

• TAC raises $6.5m in Seed funding led by Hack VC & Symbolic Capital.

• Akave raises $3.45m in Pre-Seed funding.

• mbd raises $3m in Pre-Seed funding led by Mask Network & Polymorphic Capital.

• Map Protocol raises $1m in Strategic funding from Gryps.

The Degen Farmer