ChainCatcher news, according to Cointelegraph, the cryptocurrency asset management company Grayscale has completed a reverse stock split of the Grayscale Bitcoin Mini Trust ETF and the Grayscale Ethereum Mini Trust ETF, aimed at making trading of the securities more "cost-effective."After the reverse stock split conducted at 22:00 UTC on November 19, the price per share of the Grayscale Bitcoin Mini Trust ETF increased fivefold. At the same time, the number of outstanding shares held by ETF holders was proportionally reduced. Due to the reverse stock split of the Ethereum Mini Trust ETF, the price per share of the trust increased tenfold from the net asset value (NAV) per share before the split, and the number of shares held by shareholders (excluding fractional shares) must also be proportionally reduced.It is reported that after the reverse stock split on November 19, shareholders will see its effects on the next trading day, November 20. For the Grayscale Bitcoin Mini Trust ETF, every five shares of the ETF before the split will be exchanged for one share of BTC after the split, with a price that will be five times the NAV per share before the split. For the Grayscale Ethereum Mini Trust ETF, every ten shares of ETH before the split will be exchanged for one share of ETH after the split, with a price that will be ten times the NAV per share before the split. Grayscale stated that since the split will occur automatically, shareholders do not need to take any action.

ChainCatcher news, according to Cointelegraph, asset management company Grayscale has completed a reverse split of its two cryptocurrency ETFs—Grayscale Bitcoin Mini Trust ETF and Grayscale Ethereum Mini Trust ETF—aimed at making trading more "cost-effective."After the reverse split conducted at 22:00 UTC on November 19, the price per share of the Grayscale Bitcoin Mini Trust ETF increased fivefold. At the same time, the number of outstanding shares held by ETF holders was proportionally reduced. Due to the reverse split of the Ethereum Mini Trust ETF, the price per share of the trust increased tenfold from its net asset value (NAV) before the split. The number of shares held by shareholders (excluding fractional shares) must also be proportionally reduced. After the reverse split on November 19, shareholders will see its effects on the next trading day, November 20.For the Grayscale Bitcoin Mini Trust ETF, every five shares of the ETF before the split will convert into one share of BTC after the split, with a price that will be five times the NAV per share before the split. For the Grayscale Ethereum Mini Trust ETF, every ten shares of ETH before the split will convert into one share of ETH after the split, with a price that will be ten times the NAV per share before the split. Grayscale stated that since the split will occur automatically, shareholders do not need to take any action.

ChainCatcher news, according to official sources, the sports metaverse platform Bitball has announced the completion of a $5 million Series A funding round, co-led by IntelligentCricket and Neon Eight Group, bringing the total funding amount to $7 million.The funds will be used to expand its AI-driven sports gaming ecosystem and develop a 3D cricket game based on real-time sports data, expected to launch in the second quarter of 2025. Since its launch in December 2023, Bitball has attracted over 5 million users and plans to hold a BALL token generation event (TGE) in the fourth quarter of 2024.Additionally, the Web3 asset data platform RootData shows that Bitball is a sports metaverse platform that integrates GameFi and SocialFi elements, leveraging Web3 technology to closely connect sports stars, clubs, organizations, and fans, providing a new digital experience and virtual space.

ChainCatcher news, according to Cointelegraph, Ethereum researcher and co-founder of Smart Transactions (STXN) Vlad Zamfir has created a "time machine" that allows Ethereum users to reverse "smart transactions" on the blockchain, making certain transactions less immutable.STXN co-founder Anuj Das Gupta stated that Smart Transactions also allow users to set specific conditions for the timing and execution of transactions. This feature will be supported on blockchains compatible with the Ethereum Virtual Machine (EVM), which will be very useful for the thousands of crypto users who have made transactions on-chain due to operational errors. Das Gupta said, "Ethereum smart contracts are no longer limited to what was known at the time of writing. We believe this is an important solution to the tension between flexibility and immutability in blockchain."

ChainCatcher news, according to Techinasia, Animoca Brands' Mocaverse has completed a $10 million funding round, bringing the total funding to $31.88 million. Investors include OKX Ventures, CMCC Global, and HongShan.The funds will primarily be used to develop consumer crypto infrastructure.According to RootData, Mocaverse is a metaverse product under Animoca Brands, where Mocas are a group of bold and infinitely creative beings who call Mocaverse home. However, the expansion of space has caused the Mocas to separate, increasing the distance between them tenfold. Additionally, the Mocaverse team is building Web3 native tools to enhance the capabilities of products in the gaming, culture, and entertainment verticals, allowing users to create their own digital identities, accumulate reputations, and earn and spend loyalty points.

ChainCatcher news, according to Cryptonews, Japanese cryptocurrency exchange Bitbank has announced the establishment of a wholly-owned subsidiary, Bitbank Ventures, focusing on investments in overseas blockchain companies. This subsidiary will concentrate on blockchain projects from seed rounds to Series A, while also providing support for international companies entering the Japanese market.Bitbank's business development director Jun Kuwahara stated that over the past three years, the company has invested in the Web3.0 startup accelerator Next Web Capital and the crypto project Oasys. Shifting to a corporate venture capital model will accelerate the investment decision-making process and enhance investment capabilities. The new subsidiary will focus on investments in Layer 1, Layer 2 infrastructure, as well as AI, gaming, and Web3 projects.

ChainCatcher news, AlterVerse Marketing Director Andy confirmed attendance at the "DeInsight 2024" annual summit to be held on November 11 in Bangkok during Devcon. AlterVerse is a platform that combines artificial intelligence with gaming and has received investments from institutions such as Binance Labs and Polygon Ventures.The "DeInsight 2024" annual summit will take place on November 11 at Hotel Nikko Bangkok in Bangkok. This summit is co-hosted by ChainCatcher and RootData, and jointly organized by SoSo Value. It aims to bring together elites in the Web3 field to exchange insights about the industry, and is expected to attract over 1,000 industry elites.In addition, the conference will unveil the RootData List 2024 annual heavyweight list, which objectively selects influential individuals or institutions in the industry from a data perspective.

ChainCatcher news, according to data from RootData, the Pixelverse token (PIXFI) has increased by 53.29% in the last 24 hours, currently priced at $0.0028.Additionally, the Web3 asset data platform RootData shows that Pixelverse is a task-based combat game set in a cyberpunk pixelated universe. Players enter the game as freelancers, participating in missions, PvE battles, crafting and upgrading robots, and fighting against other players in the arena. Third-party game developers can easily integrate into Pixelverse through the Pixelverse SDK and Pixelchain.

According to ChainCatcher news, UXLINK announced on the official X platform that its investor, United Overseas Bank (UOB) Venture Management and Signum Capital Fund, is optimistic about UXLINK's development in the long term. They will increase their investment in UXLINK and participate in staking, working with UXLINK to build features such as PAYFI based on social relationships, connecting more life scenarios like clothing, food, housing, and transportation with UXLINK, becoming a bridge between future Web2 and Web3 and a brand new way of life.

ChainCatcher news, according to Cointelegraph, TV personality Jim Cramer pointed out that investors' confidence in U.S. Vice President Harris winning the 2024 presidential election is increasing while reviewing the stock market performance.However, due to the "Cramer inverse" effect, where Cramer's predictions often turn out to be the opposite of the results, some investors view his prediction for Harris as a signal for Trump's victory. Cramer's prediction was made the day before the U.S. election day, at which point cryptocurrency also became a political focal point.

According to ChainCatcher news reported by Cointelegraph, Chinese e-commerce giant Alibaba is scaling back its metaverse business operations, with dozens of employees in its metaverse division being laid off. The metaverse division has operations in both Shanghai and Hangzhou and was established in 2021.It is reported that the metaverse division previously received "tens of billions of yuan" in investment and employed hundreds of staff. The division will continue to exist, providing metaverse applications, tools, and services.

ChainCatcher news, according to Caixin, on Friday the Federal Reserve's overnight reverse repurchase agreement (RRP) usage was $155.476 billion, a new low since 2021, down from $201.278 billion the previous trading day. The number of participating counterparties was only 41, significantly lower than the usual levels.

ChainCatcher news, according to market news, the stock price of Trump Media & Technology Group reversed its trend, rising 8% in pre-market trading.

ChainCatcher News: Meta, the American tech giant, reported in its latest financial results that its metaverse business continues to lose billions of dollars each quarter. On Wednesday, Meta announced its third-quarter earnings, stating that its Reality Labs division, which develops augmented reality and virtual reality technologies, incurred an operating loss of $4.43 billion. The loss was slightly smaller than the $4.68 billion expected by analysts surveyed by StreetAccount.Reality Labs' revenue in the third quarter increased by 29% year-over-year, reaching $270 million. Reality Labs primarily generates revenue through the sale of Meta's Quest VR headsets and Ray-Ban Meta smart glasses. Since 2020, Reality Labs has accumulated an operating loss of over $58 billion.

ChainCatcher news, supported by Binance Labs, the esports platform Elfin Metaverse, announces that its latest mini-game is officially launched on the Kaia blockchain. As a high-performance blockchain supported by LINE and Kakao, Kaia has attracted widespread attention with its ecological activities in Elfin Metaverse. To give back to users, the platform will airdrop ten million $ELFIN tokens.The newly launched "Trump vs Harris" is a fun boxing battle game where players can choose Trump or Harris as their character for one-on-one duels. Unlike traditional "play-to-earn" games, the game rewards are not only based on the number of games played but also influenced by real-world election approval ratings, adding more exciting elements to the game. The more you play, the higher your chances of getting a larger share of the reward pool.

ChainCatcher news, according to Money Today, the Financial Services Commission (FSC) of South Korea is actively promoting legal amendments to strictly review the major shareholders and governance of cryptocurrency exchanges. Currently, under existing laws including the "Virtual Asset User Protection Act," the FSC lacks the statutory authority to review shareholders. In a parliamentary audit, FSC Chairman Kim Byoung-hwan stated that an amendment to the "Act on Reporting and Using Specific Financial Transaction Information" has been submitted to provide a legal basis for the FSC to assess the qualifications of major shareholders.