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Web3 Venture Capital Sees Soaring Total Value Locked, But Transaction Volume Plummets, Signaling Investors Shifting from Broad Coverage to More In-Depth, Strategic Bets.
Share link:In this post: Seoul police caught a $13M crypto conman after he tossed a cigarette and tried to flee. He’d been on the run since 2020, wanted on 10 charges including fraud and assault. Other scammers like James Zhong and “Razzlekhan” also slipped up due to dumb mistakes.
Share link:In this post: The Dow jumped 846 points to close at a record 45,631.74 after Powell signaled rate cuts may start next month. The S&P 500 and Nasdaq gained over 1.5%, driven by strong tech stock rallies. Gold, silver, and other metals rose as the U.S. dollar dropped sharply following Powell’s comments.
Share link:In this post: Apple filed a lawsuit claiming that Oppo hired Chen Shi, a former Apple Watch engineer, and encouraged him to take confidential health-sensing data to build a competing wearable. Before leaving Apple in June, Shi allegedly downloaded 63 internal documents. Apple says this case fits a broader pattern, referencing past incidents involving trade secrets going to China.

Share link:In this post: A 12-year-old USPTO document has sparked claims that the U.S. government owns the “XRP” patent. While real, the document was initiated by OpenCoin, the now Ripple. Ripple Labs currently has 67 trademark applications and 18 approved patents.

Seven major asset managers, including Grayscale and Franklin Templeton, updated their filings for spot XRP ETFs on August 22, shortly after the Ripple–SEC case concluded.

Currently at a $600 Billion market cap, ranked as the 25th largest tech company in the world
- 05:391834 ETH transferred to an exchange, worth approximately $5.3776 millionAccording to Jinse Finance, Arkham data shows that 1,834 ETH (worth approximately $5.3776 million) were transferred from an anonymous address (beginning with 0x3B56...) to an exchange.
- 05:39A whale uses 3x leverage to go long on over 170 million MON, currently with a floating profit of $654,000According to a report by Jinse Finance, Lookonchain monitoring shows that a certain whale has gone 3x leveraged long on 171.68 million MON (worth $5.6 million) in the past 12 hours, with an unrealized profit of $654,000 at present.
- 05:15Galaxy Digital is exploring becoming a market maker for the prediction market platforms Polymarket and Kalshi.On November 25, according to Bloomberg, Galaxy Digital Inc. is in discussions with Polymarket and Kalshi Inc. about becoming a liquidity provider on their platforms, as the prediction market sector continues to attract retail demand and spark interest from Wall Street, driving up the sector's popularity. Mike Novogratz, founder of Galaxy Digital, stated in an interview that Galaxy Digital has always focused on providing crypto infrastructure for institutions. If they enter as a market maker, they will provide regular quotes on these prediction trading platforms to enhance platform liquidity. He said, "We are conducting small-scale experiments with market making in prediction markets, but I think eventually you will see us providing broader liquidity."