Huobi Weekly News

1. The White House issued "G20 Bali Leaders’ Declaration";

2. Government of El Salvador submits bill on Digital Asset Issuance Law;

3. Russian lawmakers develop a legal framework to launch a “national crypto exchange”;

4. Virtual currency supervision should be promoted into laws and regulations, SAFE official says;

5. Bitfinex list Huobi Token (HT);

6. Elon Musk announces Twitter 2.0 plan.

”“

#POLICY

1. The White House issued "G20 Bali Leaders’ Declaration";

2. New council at Ukraine’s securities watchdog to draft crypto taxation regulations;

3. FTX recently sought Swiss trading licence but failed;

4. Virtual currency supervision should be promoted into laws and regulations, SAFE official says;

5. Government of El Salvador submits bill on Digital Asset Issuance Law;

6. NY gov signs novel law that limits cryptomining, for now;

7. The Bank of Japan will decide whether to issue a digital yen in 2026;

8. New York Attorney General pushes prohibition of crypto purchases via retirement funds;

9. Russian lawmakers develop a legal framework to launch a “national crypto exchange”;

10. Global regulators to target crypto platforms after FTX crash;

11. EU blockchain infrastructure plan proceeds as parliament passes digital policy;

12. Turkish Authorities Order Seizure of 'Suspicious' FTX Assets;

13. Hong Kong Financial Secretary: New licensing regime for virtual asset service providers to be introduced;

14. Nigeria SEC to avoid cryptocurrencies in digital assets push;

15. Putin calls for international settlements based on blockchain and digital currencies.

”“

#CRYPTOCURRENCY

1. Asia’s Bitcoin supply records new ATH while US, EU reserves shrink;

2. BTC difficulty rose to 36.95 T, a record high;

3. BTC total supply in loss held by long-term holders has exceeded the bear market in 2018;

4. More than 50% of bitcoin addresses are now in loss;

5. USDC Treasury burned more than 200 million USDC;

6. Bitfinex list Huobi Token (HT);

7. Chainlink Staking (v0.1) is planned to go live on Ethereum mainnet on December 6;

8. Research: Genesis received over $1B worth of FTT from Alameda, FTX in last 3 months;

9. Polygon Avail completed testnet the first phase, mainnet release expected next year;

10. The Reserve Bank of India to launch a retail CBDC pilot in December;

11. Curve releases whitepaper and official code for its stablecoin;

12. Bitcoin Core released version 24.0;

13. Ethereum Shanghai upgrade will open staked ETH withdrawal, but the upgrade time may be later than the previous roadmap;

14. Ethereum core devs have a call coming up this Thursday to discuss getting EIP-4844 to be considered for inclusion;

15. Vitalik Buterin: EIP-4844 is a crucial first step to massively lower fees on L2;

16. Sushi's new CEO completes the first draft of SushiSwap's new tokenomic.

”“

#NFT

1. Porsche official website launches NFT page and creates Twitter account with Ethereum symbol;

2. Grand Theft Auto maker Rockstar Games bans NFTs on third-party servers;

3. Data: Alameda holds NFTs worth $174k, including 81 Sandbox Lands;

4. PRADA will release the new Timecapsule NFT series on December 1.

”“

#DEFI

1. Uniswap's new privacy policy says it collects data tied to user wallets;

2. Ethereum Name Service selects Karpatkey DAO as Endaoment fund manager;

3. Uniswap founder: Uniswap doesn’t track IP, and prevents users IP address from being tracked by third party API;

4. Cardano CEO Charles Hoskinson believes DeFi will become the 'most competitive area' in two years;

5. Compound opens voting on proposal135 sets borrow caps for ten Compound v2 markets.

”“

#FUNDING

1. Fasanara Capital lands $200m mandate Canadian pension fund;

2. Cosmos-based DeFi protocol Onomy raises $10 million;

3. Across Protocol raises $10 million at a $200 million valuation;

4. Crypto lender Matrixport seeks $1.5 billion funding value despite FTX chaos;

5. Fenix Games raises $150M for blockchain game publishing.

”“”

#METAVERSE

1. Disney brings back Metaverse-backer Bob Iger as CEO;

2. The Sandbox to partner with World Tourism Forum Institute and TourismX to launch Tourismverse;

3. Metaverse’ a top 3 contender for Oxford’s Word of the Year;

4. LG, Samsung, Huawei build trove of metaverse patents: survey.

“”

#WEB3

1. a16 Crypto CSO: Hackers conduct phishing attacks targeting high profile web3 people.

“”

#OTHER

1. Getting funds out of FTX could take years or even decades: Lawyers;

2. FTX has opened creditor information registration on Kroll;

3. FTX Japan plans to allow customer withdrawals by the end of this year;

4. DCG owes $1.1B to Genesis –sources;

5. Mark Cuban cancels Twitter following of several crypto projects;

6. Crypto lender Nexo sued for allegedly blocking $126M withdrawals;

7. Sony has applied for a patent for "tracking unique in-game digital assets using tokens on a distributed ledger" technology;

8. Lawmakers urge Fidelity to drop Bitcoin retirement plan after FTX crash;

9. FTX and Alameda lost $3.7B before 2022;

10. Musk cuts Twitter’s employee benefits;

11. FTX Australia related accounts have been unearthed $42 million assets;

12. Singapore police says investigations into Binance.com ongoing;

13. Sam Bankman-Fried apologizes to FTX employees;

14. BlockFi puts client loans into forbearance, email shows;

15. SBF: The value of collateral FTX uses for lending has fallen by $51 billion YTD;

16. SBF and FTX do not own shares in Twitter, Elon Musk says;

17. Crypto exchange Kraken is cutting off russian customers;

18. Elon Musk announces Twitter 2.0 plan;

19. Twitter may adopt the Signal Protocol for Encrypted DMs.