Daily Report | Binance Pool launches Fractal Bitcoin (FB) joint mining; over 3,000 Mexicans fall victim to suspected cryptocurrency trading bot scams; ai16z market cap surpasses $500 million, setting a new historical high
November 18 News OverviewOrganizer: Luan Peng, ChainCatcher
Important News:
- Robert F. Kennedy Jr.: I have invested most of my wealth in Bitcoin, so I am fully committed to it
- ETHGlobal Bangkok Hackathon announces 10 winning projects, including AI agents, Telegram mini-programs, and more
- Polish presidential candidate Sławomir Mentzen: If elected, I will establish a Bitcoin strategic reserve
- Harris campaign team spent $2.6 million on private flights for staff in October
- He Yi: Personal Telegram account has been unblocked
- Over 3,000 Mexicans fall victim to suspected cryptocurrency trading bot scam
"What important events occurred in the past 24 hours"
Robert F. Kennedy Jr.: I have invested most of my wealth in Bitcoin, so I am fully committed to it
In a post, Robert F. Kennedy Jr. described Bitcoin as "freedom money" and reiterated the ability of digital assets to hedge against currency inflation. In a recently re-released video, Kennedy stated, "I am a staunch supporter of Bitcoin. A year ago, I attended another Bitcoin conference. When I got home, I invested most of my wealth in Bitcoin, so I am fully committed to it."
ETHGlobal held its latest hackathon in Bangkok, Thailand, after Devcon last weekend, with a total of 713 projects submitted. The judges included Ethereum co-founder Vitalik Buterin, Aave founder Stani Kulechov, Base founder and head Jesse Pollak, and many other key participants in the Ethereum ecosystem.
The ten finalists selected by the judges focused on the growing areas of the crypto field, including meme coins, AI agents, DAO tools, and more. This hackathon offered a prize pool of $750,000, the largest in ETHGlobal's history.
Winning teams included AI DAO tool DAOGenie, ZK sorter Zubernetes, AI Web3 agent Industry AI, fitness GameFi project LootGO, Telegram DAO bot minidao, DeSci project Cat In A Box, Telegram battle game BubbleWars, cryptocurrency QR payment tool ETHPark-QR in Thailand, blockchain game Dark Factory, and game launch platform Metaloot.
According to Bitcoin Magazine, Polish presidential candidate Sławomir Mentzen has promised to establish a Bitcoin strategic reserve if elected.
Harris campaign team spent $2.6 million on private flights for staff in October
According to Fox News, Federal Election Commission documents show that Vice President Harris's presidential campaign team spent $2.6 million on private flights in the final weeks of the election season. Each expenditure ranged from $3,500 to $940,000, with $2.2 million going to a company called Private Jet Services Group and $430,000 to charter brokerage Advanced Aviation Team.
These expenditures are just a small part of the financial decisions under strict scrutiny during the campaign. For example, after Oprah Winfrey spoke at a rally on October 15, Harris's team paid the television star's production company $1 million.
He Yi: Personal Telegram account has been unblocked
Binance co-founder He Yi announced on social media that his Telegram account has been unblocked.
Previously reported, He Yi stated that his Telegram account was maliciously reported and banned, and reminded users not to fall for scams during the ban.
Over 3,000 Mexicans fall victim to suspected cryptocurrency trading bot scam
According to Cryptonews, Mexican media reported that over 3,000 residents of Tehuacán and Puebla are suspected victims of a cryptocurrency trading bot scam involving a company called AMG GPT. The company had previously promised "daily returns" and held multiple promotional events. However, users recently reported that the platform was unable to process withdrawals, and the company's four offices in the two locations appeared to have closed.
Victims claimed that they were asked to pay a "verification fee" to withdraw funds, and then were asked to apply for a high-priced "Crypto-VISA" credit card. It is reported that early investors' returns quickly stopped, with some victims investing as much as $1,000. AMG GPT later stated that the delayed withdrawals were related to a "shopping festival," but this explanation raised further doubts. Currently, about 100 people have filed formal complaints with the prosecution, and the case is under further investigation.
According to South Korea's "Virtual Asset User Protection Act," exchanges must notify users of the reasons for blocking deposits and withdrawals in advance. However, the Financial Supervisory Service's latest "non-action opinion" states that in emergencies such as hacking, money laundering, or fraud, exchanges may delay notification and prioritize implementing deposit and withdrawal restrictions.
At the same time, the regulation adds strict conditions: a comprehensive assessment must be made of whether the reasons for the restrictions are foreseeable and the necessity of delaying notification. For special requests from administrative or investigative agencies, the Financial Supervisory Service also emphasized that, without justifiable reasons, the principle of prior notification must still be adhered to in order to protect investors' rights.
Metaplanet issues 1.75 billion yen bonds to increase BTC holdings
Japanese listed company Metaplanet issued 1.75 billion yen (approximately $11.3 million) in 1-year bonds at a 0.36% interest rate, with the funds raised to be used for increasing BTC holdings.
Binance Pool launches Fractal Bitcoin (FB) joint mining
Binance Pool officially launched Fractal Bitcoin (FB) joint mining. Participants in Bitcoin (BTC) mining can earn Fractal Bitcoin (FB) rewards.
Fractal Bitcoin (FB) has not yet been listed on Binance. The launch of Fractal Bitcoin (FB) mining services by Binance Pool does not guarantee that the token will be listed on Binance.
Data: ai16z market cap exceeds $500 million, setting a new historical high
According to GMGN market data, the AI-driven VC DAO token ai16z on the Solana chain has exceeded a market cap of $500 million, setting a new historical high, with a 24-hour increase of 13.2%.
Binance Futures to launch BANUSDT and AKTUSDT perpetual contracts
According to official news, Binance Futures will launch USD margin BANUSDT and AKTUSDT perpetual contracts, with a maximum leverage of up to 75 times.
"What are the noteworthy articles to read in the past 24 hours"
An analysis of 9 Memecoins that may be listed on Binance
Recently, Memecoins have gained immense popularity, becoming a major narrative in the crypto space. The hype around Memecoins seems to grow almost daily, with Binance even starting to list low market cap Memecoins such as ACT, PNUT, NEIRO, and others.
The appeal of Memecoins lies in the potential for quick profits, as memes are the only narrative that can relatively easily provide returns of 20-100 times. Notably, these returns often occur before listing on major CEXs, meaning that holders who can predict listings on major CEXs will reap the greatest profits.
Here are the Memecoins that may be listed on Binance.
Paradigm: The race for sovereign nations to establish BTC reserves has begun
From a game theory perspective, BTC is like gunpowder; once gunpowder is discovered, every sovereign nation is forced to adopt it.
Anonymous coder working for the crypto industry may be a North Korean hacker
Recruiting in the cryptocurrency industry has never been an easy task.
Finding skilled developers is challenging, and managing remote workers across multiple time zones is also difficult.
Now, recruiting in the cryptocurrency space has become even harder.
An investigation by DL News found that fake applicants are flooding job sites with forged resumes.
Moreover, there is increasing evidence that many of these fake applicants appear to be North Korean nationals attempting to infiltrate cryptocurrency projects for malicious purposes, including collecting sensitive data, hacking, and stealing assets.
Shaun Potts, founder of the crypto-focused recruitment company Plexus, told DL News, "This is an operational risk for the industry; it's a persistent phenomenon, just like hacking exists in the tech industry. You can't stop it, but you can try to mitigate the risks."
The big player who pumped SOL at its $8 bottom is now "shouting" ETH
On December 30, 2022, Solana hit its darkest moment, with SOL dropping to $8, the lowest price after the FTX collapse. On that day, Chris Burniske, former head of crypto at Ark Invest and now a partner at Placeholder VC, posted a "pump tweet" on X, publicly bullish on SOL and stating he would continue to increase his position. The rest of the story is well-known; SOL skyrocketed and recently surpassed $240, showing a trend of reaching new highs.
Two thousand-fold targets over a weekend, DeSci reignites on-chain sentiment
On November 8, after Binance Labs announced its investment in BIO Protocol, igniting the new DeSci concept, on-chain sentiment seemed to improve again. Leading projects RIF and URO emerged around the DeSci concept, both generating hundred-fold and thousand-fold wealth effects. Subsequently, Litecoin's official "play" claimed that it was also a Memecoin under the current market sentiment, leading to the emergence of "mascots" and other hot topics.
During the weekend's BTC consolidation, on-chain trading became the new "big casino."
