XT Exchange released an announcement that the withdrawal service will be resumed soon. After the abnormal asset transfer incident occurred, the platform risk control department quickly discovered the problem through the real-time monitoring mechanism. The global technical team intervened at the first time and collaborated with the security team to quickly locate the root cause of the problem. In order to protect the safety of user assets, the technical team is further inspecting and repairing potential risks and vulnerabilities to ensure the stability and security of subsequent withdrawal services. During the suspension of withdrawals, the security and integrity of all users' assets will not be affected in any way. Strict security measures have been taken to ensure that user assets are in an absolutely safe environment. According to the current inspection and repair progress, it is expected that the withdrawal service of some currencies will be gradually resumed at 08:00 (UTC+8) on November 29, 2024, and the withdrawal service of most currencies will be fully resumed within 24 hours. The latest developments of this incident will be updated in a timely manner through official channels.

Ki Young Ju, founder and CEO of CryptoQuant, wrote on the X platform that considering the growth rate, Bitcoin dominance is unlikely to decline soon. During the period when BTC's market value increased by 37%, large-cap stocks rose by 16%, while mid-cap and small-cap stocks rose by 10%. The only time that small and medium-sized cryptocurrencies outperformed BTC's market value growth was during the Memecoin season in April.

According to ShibDaily, former U.S. Securities and Exchange Commission (SEC) Commissioner Paul Atkins is reportedly the leading candidate to head the SEC under President-elect Donald Trump's administration. This development suggests a possible change in the direction of U.S. financial regulation. Bloomberg reported that Atkins was interviewed by Trump's transition team as a potential nominee for the position. With extensive experience at the SEC, having served as a commissioner and staffer under previous SEC Chairs Richard Breeden and Arthur Levitt, Atkins is seen as a highly qualified candidate for the role of SEC Chairman. Atkins is known for his pro-innovation stance and significant expertise in the cryptocurrency sector. Fox Business Journalist Eleanor Terrett noted that Atkins could potentially "restore the agency to the so-called 'gold standard.'" His possible appointment comes amid speculation that the Trump administration might transfer the regulatory oversight of cryptocurrencies from the SEC to the Commodity Futures Trading Commission (CFTC). The SEC has previously claimed broad authority over the cryptocurrency market, often classifying tokens as securities based on the Howey Test. This classification has led to numerous enforcement actions and created considerable regulatory uncertainty within the industry. Many cryptocurrency companies have faced scrutiny and legal challenges due to these rulings, prompting the market to seek clearer guidelines. Under Atkins' leadership, the SEC could potentially adopt a more balanced approach to cryptocurrency regulation, marking a significant shift in U.S. policy. Current SEC Chairman Gary Gensler is expected to step down in January 2025, following Trump's pledge to remove him from office on his first day. During his tenure, Gensler emphasized several key initiatives, including reforms to Treasury markets, updates to equity market regulations, and enhancements to corporate governance standards. This article is intended for informational purposes only and should not be considered financial advice. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

a16z co-founder Marc Andreessen revealed on the Joe Rogan show that at least 30 technology founders have had their services terminated by banks because of their involvement in digital currencies. Gemini co-founder Tyler Winklevoss said the number could be far more than 30, with a16z portfolio companies alone. Custodia Bank founder Caitlin Long also revealed that her company has also been "disconnected" many times and is currently suing the Federal Reserve, with oral arguments scheduled for January 21, 2025. Kraken founder Jesse Powell said his company had been unable to obtain banking services in the United States for many years and had to turn to the European market. Founders Fund partner Joey Krug said he was harassed by banks just for buying Bitcoin on Coinbase. (News.bitcoin)

Binance Labs backs Astherus, a multi-asset liquidity hub focused on maximizing real yield for crypto assets, supporting DeFi growth with innovative solutions.Binance Labs Partners with Astherus to Empower DeFi UsersNovember 27, 2024 – Binance Labs, the venture arm of Binance, has announced its investment in Astherus, a multi-asset liquidity hub designed to maximize the real yield of crypto assets. This strategic partnership underscores Binance Labs’ commitment to fostering innovation and sustainable growth within the decentralized finance (DeFi) ecosystem.Astherus: Redefining Asset Utility and Real YieldA Game-Changer for DeFi UsersAstherus aims to tackle inefficiencies in DeFi by optimizing asset utility and liquidity. Its flagship offering, AstherusEarn, merges institutional-grade security with high-yielding strategies across multiple blockchains. The platform enables DeFi users to maximize returns through reliable and scalable solutions, bridging the gap between centralized and decentralized finance.Innovative Infrastructure for Tangible ReturnsAstherus’ modular DeFi infrastructure includes:dApp Layer: Features like AstherusEarn enable users to unlock asset utility through applications such as derivatives trading and stablecoin yield farming.DeFi Infrastructure Layer: Aggregates liquidity to support broader applications, including stablecoin protocols and a state-of-the-art derivatives clearinghouse.Looking ahead, Astherus plans to launch AstherusLayer, a dedicated Layer-1 blockchain supporting multi-asset staking and leveraging BNB as gas fees.Binance Labs’ Vision for DeFi GrowthBacking Revolutionary ProjectsBinance Labs Investment Director, Nicola W., highlighted Astherus’ alignment with Binance Labs’ mission:"Astherus’ approach to enhancing asset utility and real yield aligns with our commitment to backing projects that drive meaningful growth in the DeFi ecosystem. We are excited to support Astherus in delivering greater value to DeFi users worldwide."Enhancing User Experience and Yield Strategies With this investment, Astherus will:Accelerate product development.Introduce innovative yield-generating products.Streamline DeFi interactions, making them more efficient and user-friendly.Astherus’ Vision for the FutureDust, Core Contributor at Astherus, expressed gratitude for Binance Labs’ support:"We are honored to welcome Binance Labs as a partner. Their support strengthens our vision of delivering tangible value to DeFi users through greater utility, yield, and opportunities."Astherus is set to redefine DeFi by offering tools and infrastructure that empower users to achieve sustainable profits while simplifying complex financial interactions.Conclusion: A Promising Step for DeFi UsersBinance Labs’ investment in Astherus marks a significant milestone for the DeFi ecosystem. By championing innovative platforms like Astherus, Binance continues to pave the way for a more inclusive and efficient decentralized financial future.

BlackRock's official updated data shows that on November 27, its Ethereum exchange-traded fund iShares Ethereum Trust ETF held 625,576.1243 ETH, with a market value of $2,263,409,486.93.

بدأت شركة “Celsius” في توزيع مبلغ 127 مليون دولار على الدائنين المؤهلين كجزء من ثاني دفعة بموجب إجراءات الإفلاس، التي تلت انهيار الشركة في يوليو 2022. يرفع هذا التوزيع إجمالي معدل الاسترداد إلى 60.4% من المطالبات المؤهلة، مقارنة بالدفعة الأولى في يناير 2024، التي غطت 57.65% من المطالبات. يتألف التوزيع الثاني في معظمه من عملات … The post شركة “Celsius” تبدأ عملية التوزيع الثانية على الدائنين... source: https://arab-btc.net/celsius-begins-second-distribution/

Cryptocurrency hackers continue damaging the industry’s reputation as the yearly value stolen through cyberattacks nears $1.5 billion. source: https://cointelegraph.com/news/crypto-hackers-steal-71-m-in-november-brining-yearly-total-to-1?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

null source: https://x.com/Bitcoinsensus/status/1862137914504667527

Celestia has seen significant market growth following its Ginger network upgrade, which doubled transaction speeds and enhanced finality. This, combined with DIA’s launch of Lumina, a rollup-powered oracle on Celestia’s network, has strengthened its position in the blockchain space. TIA Experiences Strong Growth After Ginger Upgrade The Ginger network upgrade in Celestia crypto has seen... source: https://www.thecoinrepublic.com/2024/11/28/why-is-celestia-crypto-up-today/

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