According to the official announcement, OKX will launch ACT/USDT margin contracts, as well as its margin trading and Simple Earn. ACT/USDT margin perpetual contracts will be launched at 19:00 (UTC+8) on November 14, 2024. ACT leverage trading and simple earnings will be launched at 12:00 (UTC+8) on November 15, 2024.

According to an official announcement: The Royal Malaysia Police (RMP), in partnership with Binance, has recovered approximately $1.6 million in ransom funds from a recent high-profile kidnapping case. The successful operation, involving the tracing of digital assets on blockchain networks, underscores the critical role of public-private partnerships in tackling cross-border crime and digital asset exploitation.RMP and Binance Collaboration Uncovers Ransom TrailThe case began on October 13, when a businessman was abducted in Johor and held for a ransom of 20 million ringgit ($4.5 million). The ransom was partly paid in cash and cryptocurrency, and with Binance’s support, investigators were able to trace the movement of digital assets, ultimately identifying key players involved in the crime.Leveraging advanced blockchain analysis, Binance’s Financial Intelligence Unit (FIU) worked with the RMP to map out connections within the criminal network, revealing a detailed money trail and helping authorities apprehend multiple suspects.ASP Nurul Aqila, Senior Officer at the Commercial Crime Investigation Department, praised the collaboration: “Binance’s expertise in blockchain tracing enabled us to follow the cryptocurrency flows precisely, leading us to significant suspects and recovering a substantial portion of the ransom.”Recovered Funds and EvidenceDuring the operation, authorities recovered both cash and cryptocurrency assets linked to the ransom. This included nearly $443,000 in Malaysian ringgit, $760,000 in Singapore dollars, and $398,000 worth of cryptocurrency. Police also seized a pistol, live ammunition, and handcuffs in connection with the case. So far, 14 suspects have been detained, including individuals connected to kidnapping logistics and ransom management.Binance’s Role in Strengthening Digital SecurityErin Fracolli, Binance’s Global Head of Investigations, emphasized the significance of the case: “Cryptocurrency can be misused in various forms of crime, and we are committed to assisting law enforcement in these complex cases. This success showcases the importance of vigilance and proactive measures in the digital asset ecosystem.”The RMP-Binance operation highlights a growing need for collaboration between the public and private sectors to address digital crime effectively, showcasing blockchain analysis as a powerful tool in modern investigations.As cryptocurrency continues to play a role in criminal activities, collaborations like this one offer hope for combating organized digital crime and ensuring security in an increasingly digital financial landscape.

The GMT team released the iconic tag "#MGGA" on the X platform, and the market speculated that this might be a signal that the team is about to carry out a large-scale GMT token burning. Currently, the total circulation of GMT is 2.9 billion tokens, of which 800 million have been destroyed, accounting for about 27.59% of the total circulation.

Delhi Police have made a breakthrough in the $235 million WazirX hack case, arresting a key suspect in West Bengal. source: https://cointelegraph.com/news/delhi-police-arrest-wazirx-hacker-breach-investigation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

According to foreign media reports, Trump's social platform Truth Social and Musk's X platform (formerly Twitter) may merge. Data shows that Truth Social's revenue in the third quarter of this year was only 2.6 million US dollars, with 698,000 monthly active users on mobile terminals and 11.3 million monthly website visits; in contrast, X platform expects annual advertising revenue to reach 2 billion US dollars, 70.4 million monthly active users, and 1 billion monthly website visits. Erik Nisbet, director of the Center for Communication and Public Policy at Northwestern University, said that since Musk took over, the content style of X platform has gradually moved closer to Truth Social. Both platforms use "freedom of speech" as a selling point and are mainly aimed at conservative audiences. Data shows that 57% of Truth Social users use it as a daily news source, while X platform is 59%. In terms of content review, X platform still maintains relatively strict standards, and has banned about 5.3 million illegal accounts in the first half of this year. This is mainly because the platform needs to maintain relationships with large corporate advertisers. Truth Social has almost no advertising business, so it is relatively lax in content review. Industry insiders believe that the potential merger makes more business sense for Trump and can be used as his cash-out exit strategy. The current market value of his holdings is about $3.3 billion. (Fortune)

On November 14, Binance announced that Binance Launchpool launched the 61st project - Usual (USUAL), a decentralized fiat stablecoin issuer.

ZK International is adopting cryptocurrency payments, starting with Bitcoin, to improve transaction speed and reduce costs for global trade. This move aims to simplify cross-border payments and provide a more efficient and flexible financial system for its international partners.

Binance founder CZ shared a photo of a meeting with BitMEX co-founder Arthur Hayes on social media. CZ said: "Imagine what questions will be asked at this incubation meeting. Thank you Hayes for coming and investing in this industry together."

According to official news, OKX Cryptopedia has launched a special event "Meme Arena", and the first Hippo trading competition is in progress. During the event, users who conduct transactions greater than 10 USDT on the OKX Web3 trading section Sui Chain can participate in sharing the Hippo token reward worth 100K USDT. It is reported that Sudeng (Hippo) is a cute hippo-themed Meme coin project launched by the community and has cooperated with several leading SUI network projects.

The ZKsync community has voted on the chain to pass the "Distribute 325 million ZK tokens to DeFi users within 9 months" TPP 001 proposal, which proposes to distribute 325 million ZK tokens within 9 months, of which 300 million will be distributed to users through six minters (with an upper limit of 50 million each), and the other 25 million tokens will be managed by four minters to cover management and unforeseen costs. The proposal aims to establish a DeFi liquidity center on the ZKsync Era and improve the liquidity of all interoperable ZK chains (Elastic Chain).

OKX market data shows that BTC rose above 91,000 USDT and is currently trading at 91,097 USDT, with a 24-hour increase of 4.41%.

On Nov 14, 2024, 08:05 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 91,000 USDT benchmark and is now trading at 91,096.882813 USDT, with a narrowed 4.42% increase in 24 hours.

a prominent YouTuber with over 620,000 followers was recently arrested on charges of orchestrating a large-scale crypto fraud scheme that allegedly defrauded thousands of investors

The emergence of BeamChain is entirely a series of necessary preparations to cater to the plan of the Ethereum roadmap.

Ai Palette, a Singapore-based startup, uses AI to analyze billions of data points, providing brands with real-time insights to predict trends and create successful products. Major companies like Diageo, Nestlé, and PepsiCo are adopting its platform to stay ahead of evolving consumer tastes and market demands.

A 32-year-old woman has been charged with the murder of Kevin Mirshahi, though any link to his crypto work remains unconfirmed. Presumed dead since August, Mirshahi was recently found and identified by police. He was one of four people kidnapped in June, with only him remaining missing until now.

Xiao Feng, chairman and CEO of HashKey, said that a variety of factors may force mainland China to open up the digital asset market in about two years.

Revolut X is expanding across 30 European markets, offering advanced crypto trading tools and enhanced security. The platform caters to serious traders with access to over 200 cryptocurrencies and low fees, while Revolut also develops a stablecoin for faster cross-border payments.

US prosecutors are now asking the courts for permission to recoup the crypto allegedly linked to the bribes paid to Chinese officials by FTX co-founder Sam Bankman-Fried.

CryptoGPT is not only a cryptocurrency AI investment tool, but also a comprehensive growth booster for investors.