🔍Market Summery

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Ethereum Foundation-Linked Wallet Sells 1,000 ETH Worth About $2.03 Million

Ethereum Foundation-Linked Wallet Sells 1,000 ETH Worth About $2.03 Million

A wallet linked to the Ethereum Foundation, identified as 0x5CBC, sold 1,000 ETH for about $2.03 million again. According to Odaily, Lookonchain monitored the transaction, which took place nine hours ago.

Across Systems Fully Restored as Company Plans to Compensate Affected Users

Across Systems Fully Restored as Company Plans to Compensate Affected Users

Across's systems have fully recovered after its website was shut down earlier today. According to Odaily, Across said its domain registrar was targeted in a social engineering attack, causing its official domain to become a phishing site, and it plans to fully compensate all affected users.

Sui Hardware Wallet Project Suiball to Shut Down and Refund Pre-Order Customers

Sui Hardware Wallet Project Suiball to Shut Down and Refund Pre-Order Customers

According to ChainCatcher, Sui-native hardware wallet project Suiball announced on X that it will cease operations and refund all pre-order customers. Suiball said the Sui Foundation considered continued support for hardware wallet projects too risky following several recent security incidents in th…

Top Five AI Crypto Projects to Watch as AI Adoption Grows

Top Five AI Crypto Projects to Watch as AI Adoption Grows

Artificial intelligence is evolving beyond conversational tools into autonomous systems capable of conducting research, writing code, analyzing information, and completing complex workflows.The release of Artificial Analysis’s dashboard’s metric known as ‘Artificial Analysis Intelligence Index v5’ h…

Metis Hybrid Rollup Goes Live on Devnet as Post-Quantum Proof Work Advances

Metis Hybrid Rollup Goes Live on Devnet as Post-Quantum Proof Work Advances

Metis said its Hybrid Rollup has launched on Devnet, combining validity proofs with its existing optimistic Rollup architecture to shorten withdrawal waits through on-chain verification of execution results. According to Foresight News, Metis first presented the design at ETHDenver in March 2023, wi…

Across Says Phishing Warnings on Some Wallets and Browsers Should Clear Soon

Across Says Phishing Warnings on Some Wallets and Browsers Should Clear Soon

Across said phishing warnings may continue to appear in some wallets or browsers but are expected to clear soon. According to Odaily, the project has regained control of its website domain, restored all systems to normal operation and plans to fully compensate affected users. Across said it will pub…

LlamaRisk Proposes Narrowing Aave V3 Core Collateral Scope, Affecting $1.33 Billion in Assets

LlamaRisk Proposes Narrowing Aave V3 Core Collateral Scope, Affecting $1.33 Billion in Assets

LlamaRisk has proposed limiting Aave V3 Core to established, more liquid collateral and freezing reserve pools for several assets. According to Foresight News, the proposal would have Aave V4 support a broader range of assets through risk premiums and isolation mechanisms. The assets slated for free…

Coinbase, Kalshi and Other Firms Back CFTC in Fight Over Stock Perpetuals

Coinbase, Kalshi and Other Firms Back CFTC in Fight Over Stock Perpetuals

A dispute over who may regulate perpetual futures linked to individual US stocks is drawing some of crypto’s most prominent companies into federal court. Coinbase, Kalshi, Kraken parent Payward, DRW, Jump Trading and Paradigm have sought permission to support the Commodity Futures Trading Commission…

CRWV Volatility Leaves at Least 122 Addresses With Losses After Closing Positions

CRWV Volatility Leaves at Least 122 Addresses With Losses After Closing Positions

At least 122 addresses recorded losses and closed all their CRWV positions during a period of sharp price swings. According to Odaily, CoreWeave reported third-quarter revenue of $3.661 billion, up about 168% year over year, and raised its full-year revenue guidance to $13 billion-$13.3 billion. The…

Brian Hong Joins Fomo to Lead Asia-Pacific

Brian Hong Joins Fomo to Lead Asia-Pacific

According to ChainCatcher, Brian Hong announced that he has joined social trading app Fomo to lead its Asia-Pacific efforts. Hong was previously identified as head of Asia-Pacific growth at consumer blockchain project Abstract.

Crypto ally Tom Emmer elected House GOP minority whip

Crypto ally Tom Emmer elected House GOP minority whip

Pro-crypto US Representative Tom Emmer has been elected House Republican minority whip, securing the party’s second-highest leadership position as Democrats prepare to take control of Congress in January.Emmer beat Texas Representative August Pfluger in a 103-76 secret ballot vote, according to Poli…

Tom Emmer Elected House Republican Minority Whip

Tom Emmer Elected House Republican Minority Whip

Pro-crypto U.S. Representative Tom Emmer has been elected House Republican minority whip, securing the party’s second-highest leadership position as Democrats prepare to take control of Congress in January. According to Cointelegraph, Emmer defeated Texas Representative August Pfluger in a 103-76 se…