ARK Invest founder Cathie Wood shared a bold prediction for the U.S. economy and cryptocurrency markets, predicting a sharp rise in cryptocurrency markets after Trump's return to the White House. In a recent video, she emphasized that the Trump administration's reorganization of the U.S. SEC could have a transformative effect on innovation in the country. Under Chairman Gary Gensler, the agency has been a barrier to the digital asset sector, forcing key talent to move overseas. Wood claimed that changes in the leadership of the SEC and FTC could usher in an era of technological growth in the United States. In other words, she hinted that regulatory adjustments could benefit the crypto market, the DeFi sector, and other related fields. Wood also said that deregulatory moves could include scaling back the influence of the U.S. SEC and encouraging technological development, which she believes would boost the economy. In addition, tax cuts, government spending cuts, and a focus on technology-driven innovation could work together to "boost" the U.S. economy and create an environment conducive to growth in industries such as energy storage, artificial intelligence, and blockchain. She compared this potential surge to the period of booming stock investing in the 1980s and 1990s. She expects a similar "golden age" of economic productivity if Trump's proposed policies are implemented. Wood believes that this atmosphere is not only good for cryptocurrencies, but will also promote overall economic prosperity. Like most industry figures, Wood is optimistic about Trump's support for digital assets, especially Bitcoin. At the same time, she still believes that the new administration will promote growth and innovation in blockchain, DeFi and other cryptocurrency fields, and predicts that various innovative platforms, including autonomous driving, digital health and advanced manufacturing, will see "explosive growth in productivity." (CoinGape)

According to Paidun’s monitoring, there were large changes in funds on the ARB chain’s DeFi project DeltaPrime, and it was suspected to have been attacked again.

According to BlockBeats, on November 11, a significant movement of funds was detected on the ARB chain's DeFi project, DeltaPrime, raising suspicions of another attack. This development follows a previous incident reported on September 16, when Cyvers Alerts monitored a suspected attack on DeltaPrime. During that incident, it was believed that the administrator had lost their private key, resulting in an estimated loss of approximately $4.5 million. The recent activity has once again put DeltaPrime under scrutiny, as the DeFi project appears to be facing ongoing security challenges. The previous attack highlighted vulnerabilities within the system, prompting concerns about the safety and security of funds managed on the platform. As the DeFi sector continues to grow, the importance of robust security measures becomes increasingly critical to protect against potential threats and safeguard investor assets. The ARB chain, known for its decentralized finance applications, has been a target for malicious activities, emphasizing the need for continuous monitoring and improvement of security protocols. The incidents involving DeltaPrime underscore the challenges faced by DeFi projects in maintaining the integrity and security of their platforms. Stakeholders and users of DeltaPrime are advised to stay informed about the situation and take necessary precautions to protect their investments. As investigations into the recent fund movement continue, the DeFi community remains vigilant, seeking to enhance security measures and prevent future breaches. The ongoing developments serve as a reminder of the dynamic and sometimes volatile nature of the cryptocurrency landscape, where security remains a paramount concern for all participants.

Bitget market data shows that PNUT briefly touched 0.4216 USDT and is currently trading at 0.3542 USDT, with a 24-hour increase of 229%.

Bitget market data shows that ACT rose above 0.35 USDT and is currently trading at 0.3547 USDT, with a 24-hour increase of 1427%.

Namechain is designed to prioritize interoperability and allow users to start ENS from 'any L2 network.' source: https://www.theblock.co/post/325381/ens-labs-introduces-own-l2-agnostic-rollup-namechain-aiming-for-launch-by-end-of-2025?utm_source=rss&utm_medium=rss

Fairshake, a major crypto PAC, has raised $78M for the 2026 midterms but faces mixed results, with several endorsed candidates losing. source: https://www.cryptopolitan.com/crypto-pac-fairshake-faces-setbacks/

OKX market data shows that SNT briefly touched 0.04889 USDT and is currently trading at 0.042 USDT, with a 24-hour increase of 41.85%.

Ethereum seeing substantial outflow, with selling spree incoming from $1.2 billion whale source: https://u.today/giant-12-billion-ethereum-eth-whale-selling-crash-incoming

According to the official announcement, Gate.io will launch Ola (OLA) spot trading at 18:00 (UTC+8) on November 15, 2024. OLA new coin mining is now open for a limited time. The mining time is from 18:00 on November 10, 2024 to 18:00 on November 15, 2024 (UTC+8). The total mining amount is 2,100,840 OLA. Users can earn OLA rewards by staking USDT and BTC, and enjoy an expected annualized return of 18.25%. Rewards are distributed every hour. It is understood that Gate.io Startup new coin mining is a staking product of the platform Startup series. Users can obtain token pool rewards by staking designated tokens. This mining service has the characteristics of low threshold, high annualized return, flexible staking, and hourly reward distribution. It can also achieve multiple mining of one coin by holding GT and obtain multiple benefits.

Edward Snowden, speaking at the Near's Redacted conference in Bangkok, Thailand, has voiced his concern for blockchain projects given the currency influence of "venture capitals" on blockchain projects.

A South Korean court upheld a bank’s decision to fire an employee for “habitual” crypto gaming and improper private money lending to clients, uncovered in an internal audit. The employee appealed, claiming the dismissal was unjust.

ByteDance is expanding its AI efforts with Doubao, a chatbot now capable of generating realistic videos from text and images. This move strengthens ByteDance's position in China's fast-growing AI market, though it faces tough competition from rivals like Kuaishou.

Ethereum co-founder Vitalik Buterin just shared a new concept called "Info finance", which extends beyond traditional predictions markets by merging information with finance on blockchain.

Roman Sterlingov, founder of the Bitcoin Fog crypto mixer, was sentenced to 12.5 years in prison for laundering over $400 million linked to illegal activities. He was also ordered to forfeit $395.5 million and his share in a Bitcoin wallet holding 1,345 BTC, worth over $103 million.

Polymarket is considering a token launch to sustain its recent trading surge. However, it faces challenges, including growing regulatory scrutiny. The key question is whether it can maintain its post-election momentum or will be remembered solely for its election-driven success.

,8 major trends worth watching in the DeFi field next Golden Finance,As these innovations become more popular, DeFi will continue to push the boundaries of what is possible

From November 6th to 19th, 2024, Thailand Blockchain Week will be launched.

The future of cryptocurrency is bright in the United States, bringing the best of cryptocurrency to the world

A crypto expert and gang leader was assassinated in broad daylight under the hands of his own man at one of the busiest airports in the country.