Market
Trading
South Korean crypto trading volumes soar with altcoins taking center stage
Upbit commands an 80% market share among South Korean exchanges as altcoin trading drives the surge.
AI
Meta unveils AI-driven image and video editing tools
Meta said its new tools will allow users to edit images and generate videos for Facebook and Instagram.
Web3
Ethereum Name Service decries Unstoppable Domains patent as a threat to open-source ethos
Unstoppable Domains said it remains committed to driving advancements in web3 naming standards.
NFTs
Ordinal-like transactions surge as gas fees go ‘crazy’ on Polygon network
Polygon has seen increased network activity of PRC-20 tokens leading to $87M in transaction fees.
Featured
CoinShares poised to enter U.S. market through Valkyrie ETF acquisition deal
The deal would allow Valkyrie to use the CoinShares trademark in SEC filings, putting its brand in front of U.S. customers if approved.
Tokenization
Pyth Network sets retroactive airdrop for Nov. 20
Pyth is the second-largest Oracle network based on the number of protocols it secures.
CBDCs
Singapore’s MAS reveals plan to issue ‘live’ CBDC for wholesale settlement
Singapore wants to ensure a safe and innovative use of digital money within its jurisdiction.
Exchanges
South Korea national pension fund nets 40% gain on Coinbase stock investment
Coinbase's stock is one of the best-performing of the past year.
Exchanges
Binance launches ‘invite-only’ exchange in Thailand with billionaire partnership
Binance partnered with the one of the largest businesses in Thailand for its new venture.
Banking
Commerzbank becomes first major German bank to obtain cryptocurrency custody license
The licensing allows Commerzbank to expand its digital asset offerings to custodial services.
Regulation
Binance Japan to list 13 tokens new tokens in one of the world’s strictest crypto markets
The crypto giant's Japanese division, which has long-term plans to offer 100 or more tokens, will add the new listings on Nov. 27.
Exchanges
Poloniex restores services after $100M hack, users await info on reimbursement plan
Poloniex said it has engaged a 'top-tier' security firm to bolster its security.