Daily Quotes (21:00 pm on December 1, 2023)
ChainDD's market price on December 1 shows that the comprehensive DD Index and CoinMarketCap quotes:
BTC was trading at $38,382.75, up about 1.81% in 24 hours;
ETH was trading at $2,078.21, up about 2.06% in 24 hours;
BNB reported at $228.64, up about 0.45% in 24 hours;
DOGE reported at $0.08304, up about 0.95% in 24 hours;
DOT was trading at $5.42, up about 2.64% in 24 hours.
Chain circle dynamics
Galxe launches mobile app
Web3 credential data network Galxe has announced the launch of a mobile app available for download on Android and TestFlight. The Galxe mobile app supports exploring new Web3 projects, managing Galxe ID Profiles, participating and contributing, claiming rewards, etc. Additionally, the Galxe app supports WalletConnect and all EVM chains and also allows social login using X and Discord accounts.
The ssv.network community voted to pass two proposals including "permissionless mainnet upgrade"
Ethereum staking infrastructure ssv.network’s community proposals for “permissionless mainnet upgrades” and “verified operator committee expansion” have been approved.
Among them, the “Permissionless Mainnet Upgrade” proposal aims to transition the SSV mainnet to a permissionless network by removing the current restrictions that restrict validators and operators from joining only to mainnet launch partners; “Verified Operators” Committee (VOC) Extension" seeks to expand the VOC's budget and extend the time frame for establishing the VOC, by establishing methods for VOC membership to admit new members and dismiss existing members, and to establish its internal rules.
Microsoft to invest £2.5bn in UK AI infrastructure over next three years
Microsoft has announced that it will invest in the UK’s artificial intelligence infrastructure. Microsoft will spend £2.5 billion (approximately $3.2 billion) over the next three years to expand its next-generation AI data center infrastructure, bringing more than 20,000 state-of-the-art GPUs to the UK by 2026.
Microsoft will also invest in extensive AI talent and education programs and invest in strong AI safety and security measures.
Currency news
Bitget announces that it will suspend new user registration in mainland China
According to official news, on December 1, Bitget is currently negotiating a major investment matter. This strategic decision will bring more opportunities and growth space to Bitget. Therefore, new user registration in mainland China will be suspended from now on. Please pay attention to the official announcement for relevant news.
Lawyer Do Kwon: Jump Trading’s whistleblower helped the US SEC file a case against Kwon
Douglas Henkin, defense attorney for Terra founder Do Kwon, said at a hearing in Manhattan federal court on Thursday that anonymous whistleblowers, including one from market-making giant Jump Trading Group, assisted U.S. federal regulators in filing a fraud case against Kwon. Douglas Henkin said that the "Jump Trading whistleblower" who provided evidence to the US SEC admitted during his testimony that he had no direct, first-hand knowledge of the transactions in 2021. A spokesman for Jump Trading declined to comment. The U.S. SEC accused Do Kwon of misleading investors in a previous lawsuit regarding the stability of its stablecoin TerraUSD.
Mark Califano, another attorney for Do Kwon, said at the hearing that the SEC relied on a whistleblower in another major part of the case, involving South Korean payments app Chai. The SEC accused Do Kwon of deceiving investors by publicly claiming that Chai used the Terra blockchain to settle payment transactions, when in fact it used traditional payment technology. Califano said the whistleblower secretly recorded a conversation with a Chai engineer in which they discussed how the app worked. Califano noted that the whistleblower was "extremely biased" and said he had been "caught lying multiple times."
Class action lawsuit against Terraform and Do Kwon to continue in Singapore courts
The Singapore High Court dismissed the appeal filed by Terraform Labs and its co-founder Do Kwon on November 30, and the previous class action lawsuit against Terraform Labs and Do Kwon will continue in the Singapore courts.
The class action lawsuit was filed in September 2022 by Spanish citizen Julian Moreno Beltran and Singaporean Douglas Gan on behalf of 375 others, who alleged that Terraform made fraudulent misrepresentations.
Former inmate reveals SBF encountered blackmail threats from inmates in Brooklyn jail
KOL Tiffany Fong recently interviewed former Brooklyn Metropolitan Detention Center (MDC) inmate Gene Borrello, who revealed that SBF became a celebrity during pretrial detention at MDC because of his "timid character" and "nearly 80-year-old physique." Blackmail target.
Borrello said there have been cases where prisoners have tried to scare the SBF in order to extort protection money. Borrello remembers talking to SBF, who seemed very timid and nervous.
The amount of financing in the crypto market in November was US$1.2 billion, a month-on-month increase of 178.4%
According to RootData data, the amount of financing in the encryption market in November 2023 was US$1.2 billion, a decrease of 5.1% from November 2022 (US$1.265 billion) and an increase of 178.4% from October 2023 (US$431 million). In addition, the number of financing transactions in November was 92, a year-on-year decrease of 13.2%.
