[Vitalik says Ethereum plans to boost parallel processing with GPUs]
Ethereum co-founder Vitalik Buterin said Ethereum plans to strengthen the network’s parallel processing capabilities over the next several years by using advanced technologies including GPUs.
In a blog post shared on X, Buterin said the technology would advance to let the network handle multiple tasks at the same time while maintaining decentralization. Buterin added the Ethereum Foundation plans to focus on helping developers improve technical standards, security, privacy and openness, while leaving areas outside the foundation’s expertise for users and the community to explore independently.
https://coinness.com/en/news/1174478
Ethereum co-founder Vitalik Buterin said Ethereum plans to strengthen the network’s parallel processing capabilities over the next several years by using advanced technologies including GPUs.
In a blog post shared on X, Buterin said the technology would advance to let the network handle multiple tasks at the same time while maintaining decentralization. Buterin added the Ethereum Foundation plans to focus on helping developers improve technical standards, security, privacy and openness, while leaving areas outside the foundation’s expertise for users and the community to explore independently.
https://coinness.com/en/news/1174478
CoinNess
Vitalik says Ethereum plans to boost parallel processing with GPUs - CoinNess
Ethereum co-founder Vitalik Buterin said Ethereum plans to strengthen the network’s parallel processing capabilities over the next several years by using adva...
[Vitalik says survival, not expansion, is crypto firms’ top task for next 2 years]
Ethereum founder Vitalik Buterin called for a fundamental improvement in security standards as the cryptocurrency industry’s top survival strategy amid a recent string of major security incidents.
In an interview on Nov. 5, Buterin said that unlike in the past, flaws in smart contracts themselves have declined, while most major breaches over the past year and a half have centered on user interfaces and points of contact with centralized infrastructure. Buterin said the key task for companies over the next two years is survival rather than aggressive expansion, and suggested that major exchanges and custodians move core operating processes from centralized servers to advanced onchain smart contract infrastructure to build a stronger security backstop. Buterin also warned that business models focused only on leverage and short-term efficiency while neglecting security would ultimately invite tough accountability measures from regulators.
https://coinness.com/en/news/1174479
Ethereum founder Vitalik Buterin called for a fundamental improvement in security standards as the cryptocurrency industry’s top survival strategy amid a recent string of major security incidents.
In an interview on Nov. 5, Buterin said that unlike in the past, flaws in smart contracts themselves have declined, while most major breaches over the past year and a half have centered on user interfaces and points of contact with centralized infrastructure. Buterin said the key task for companies over the next two years is survival rather than aggressive expansion, and suggested that major exchanges and custodians move core operating processes from centralized servers to advanced onchain smart contract infrastructure to build a stronger security backstop. Buterin also warned that business models focused only on leverage and short-term efficiency while neglecting security would ultimately invite tough accountability measures from regulators.
https://coinness.com/en/news/1174479
[Five global banks launch GL1 Org in Singapore to standardize RWA infrastructure]
JPMorgan, HSBC, MUFG, Standard Chartered and Societe Generale have launched GL1 Org, a Singapore-based nonprofit aimed at standardizing asset tokenization infrastructure.
The group announced the formal launch of the Global Layer One Organization, or GL1 Org, on Nov. 5. The organization was established based on Project Guardian, a multilateral blockchain infrastructure initiative led by the Monetary Authority of Singapore, and the Global Layer One concept. Its main goal is to secure interoperability across fragmented on-chain ledgers used by financial institutions in different jurisdictions and to establish shared global governance and technical standards.
The initiative envisions building a regulatory-compliant infrastructure for cross-border distribution of real-world assets such as government bonds, funds and bonds, along with instant clearing and settlement networks.
https://coinness.com/en/news/1174480
JPMorgan, HSBC, MUFG, Standard Chartered and Societe Generale have launched GL1 Org, a Singapore-based nonprofit aimed at standardizing asset tokenization infrastructure.
The group announced the formal launch of the Global Layer One Organization, or GL1 Org, on Nov. 5. The organization was established based on Project Guardian, a multilateral blockchain infrastructure initiative led by the Monetary Authority of Singapore, and the Global Layer One concept. Its main goal is to secure interoperability across fragmented on-chain ledgers used by financial institutions in different jurisdictions and to establish shared global governance and technical standards.
The initiative envisions building a regulatory-compliant infrastructure for cross-border distribution of real-world assets such as government bonds, funds and bonds, along with instant clearing and settlement networks.
https://coinness.com/en/news/1174480
CoinNess
Five global banks launch GL1 Org in Singapore to standardize RWA infrastructure - CoinNess
JPMorgan, HSBC, MUFG, Standard Chartered and Societe Generale have launched GL1 Org, a Singapore-based nonprofit aimed at standardizing asset tokenization infra...
[PancakeSwap applies 88% of swap fees to LPs on RobinhoodCrypto Chain]
BNB Chain-based decentralized exchange PancakeSwap said it introduced The Flip, which allocates 88% of swap fees to liquidity providers, on RobinhoodCrypto Chain on Nov. 5. RobinhoodCrypto Chain is the first network to receive the feature, and the allocation rate is automatically applied to all v3 and Infinity pools on the chain.
https://coinness.com/en/news/1174481
BNB Chain-based decentralized exchange PancakeSwap said it introduced The Flip, which allocates 88% of swap fees to liquidity providers, on RobinhoodCrypto Chain on Nov. 5. RobinhoodCrypto Chain is the first network to receive the feature, and the allocation rate is automatically applied to all v3 and Infinity pools on the chain.
https://coinness.com/en/news/1174481
CoinNess
PancakeSwap applies 88% of swap fees to LPs on RobinhoodCrypto Chain - CoinNess
BNB Chain-based decentralized exchange PancakeSwap said it introduced The Flip, which allocates 88% of swap fees to liquidity providers, on RobinhoodCrypto Chai...
[Amundi launches Ethereum-based tokenized share class for STOXX Europe 600 fund]
Amundi has launched a tokenized equity share class on the Ethereum network for its flagship STOXX Europe 600 index-tracking fund, The Block reported. The product was developed in partnership with financial asset custody and administration firm CACEIS.
The launch expands Amundi’s tokenization business beyond its previous focus on money market funds and into equity funds. The product issues blockchain-based interests in a fund that tracks the STOXX Europe 600 Index, which is made up of 600 major publicly listed European companies.
https://coinness.com/en/news/1174482
Amundi has launched a tokenized equity share class on the Ethereum network for its flagship STOXX Europe 600 index-tracking fund, The Block reported. The product was developed in partnership with financial asset custody and administration firm CACEIS.
The launch expands Amundi’s tokenization business beyond its previous focus on money market funds and into equity funds. The product issues blockchain-based interests in a fund that tracks the STOXX Europe 600 Index, which is made up of 600 major publicly listed European companies.
https://coinness.com/en/news/1174482
CoinNess
Amundi launches Ethereum-based tokenized share class for STOXX Europe 600 fund - CoinNess
Amundi has launched a tokenized equity share class on the Ethereum network for its flagship STOXX Europe 600 index-tracking fund, The Block reported. The produc...
[Citi expands BTC investment by over 1,140%, holdings top $143M]
Former Bitcoin Magazine editor Pete Rizzo said on X Citi increased its Bitcoin investment exposure by more than 1,140%, taking the value of its BTC-related investment assets above $143 million. It was not confirmed whether the figure refers to direct BTC holdings or includes investments in Bitcoin-linked financial products such as spot ETFs.
https://coinness.com/en/news/1174483
Former Bitcoin Magazine editor Pete Rizzo said on X Citi increased its Bitcoin investment exposure by more than 1,140%, taking the value of its BTC-related investment assets above $143 million. It was not confirmed whether the figure refers to direct BTC holdings or includes investments in Bitcoin-linked financial products such as spot ETFs.
https://coinness.com/en/news/1174483
CoinNess
Citi expands BTC investment by over 1,140%, holdings top $143M - CoinNess
Former Bitcoin Magazine editor Pete Rizzo said on X Citi increased its Bitcoin investment exposure by more than 1,140%, taking the value of its BTC-related inve...
[Tokenized RWA market tops $54.3B, with private credit making up over half]
The tokenized real-world asset market has reached $54.3 billion, with private credit accounting for $30.1 billion, or about 55.4% of the total, according to Unfolded. By contrast, tokenized U.S. Treasuries stood at $8.8 billion.
Unfolded said most private credit assets consist of mortgage-related assets tied to a single lender. Based on that breakdown, Unfolded said recent growth in the on-chain RWA market has been driven by tokenized loan receivables rather than Treasuries or gold.
https://coinness.com/en/news/1174484
The tokenized real-world asset market has reached $54.3 billion, with private credit accounting for $30.1 billion, or about 55.4% of the total, according to Unfolded. By contrast, tokenized U.S. Treasuries stood at $8.8 billion.
Unfolded said most private credit assets consist of mortgage-related assets tied to a single lender. Based on that breakdown, Unfolded said recent growth in the on-chain RWA market has been driven by tokenized loan receivables rather than Treasuries or gold.
https://coinness.com/en/news/1174484
[Upbit to temporarily suspend ENJ deposits and withdrawals on Nov. 9]
South Korean exchange Upbit announced it will temporarily suspend deposits and withdrawals of Enjin Coin (ENJ) from 11:00 a.m. UTC on Nov. 9 to support a network upgrade.
https://coinness.com/en/news/1174485
South Korean exchange Upbit announced it will temporarily suspend deposits and withdrawals of Enjin Coin (ENJ) from 11:00 a.m. UTC on Nov. 9 to support a network upgrade.
https://coinness.com/en/news/1174485
CoinNess
Upbit to temporarily suspend ENJ deposits and withdrawals on Nov. 9 - CoinNess
South Korean exchange Upbit announced it will temporarily suspend deposits and withdrawals of Enjin Coin (ENJ) from 11:00 a.m. UTC on Nov. 9 to support a networ...
[Thena to raise veTHE share of trading fees to 90%, theNFT to 10%]
Decentralized exchange Thena said it will change the allocation of trading fees after carrying out the THE token issuance, raising veTHE’s share to 90% from 40% and theNFT’s share to 10% from 0%.
Thena said the recent token issuance was necessary to secure resources to accelerate development and growth. It added THE-03 (ARK) was implemented earlier as an alternative to THE-02, and Thena is preparing a plan to compensate veTHE and theNFT holders for trading fees they did not receive during the ARK implementation period.
https://coinness.com/en/news/1174486
Decentralized exchange Thena said it will change the allocation of trading fees after carrying out the THE token issuance, raising veTHE’s share to 90% from 40% and theNFT’s share to 10% from 0%.
Thena said the recent token issuance was necessary to secure resources to accelerate development and growth. It added THE-03 (ARK) was implemented earlier as an alternative to THE-02, and Thena is preparing a plan to compensate veTHE and theNFT holders for trading fees they did not receive during the ARK implementation period.
https://coinness.com/en/news/1174486
CoinNess
Thena to raise veTHE share of trading fees to 90%, theNFT to 10% - CoinNess
Decentralized exchange Thena said it will change the allocation of trading fees after carrying out the THE token issuance, raising veTHE’s share to 90% from 4...
[Zilliqa plans shift to Ethereum layer-2 for regulated institutions]
Layer-1 blockchain Zilliqa said it plans to transition to an Ethereum layer-2 network for regulated institutions called Zilliqa Institutional Layer.
The network is designed to provide settlement and clearing secured by Ethereum, identity verification and regulatory compliance within the network through vLEI, and a permissioned marketplace for transactions between verified institutions. Zilliqa said it will initially focus on institutional users before expanding to retail users and agents.
It added the existing ZIL token will remain in place and token holders do not need to take any action at this stage. Before the changes take effect, Zilliqa plans to disclose technical details and post information on token receipt, swaps, and migration first on its official website.
https://coinness.com/en/news/1174487
Layer-1 blockchain Zilliqa said it plans to transition to an Ethereum layer-2 network for regulated institutions called Zilliqa Institutional Layer.
The network is designed to provide settlement and clearing secured by Ethereum, identity verification and regulatory compliance within the network through vLEI, and a permissioned marketplace for transactions between verified institutions. Zilliqa said it will initially focus on institutional users before expanding to retail users and agents.
It added the existing ZIL token will remain in place and token holders do not need to take any action at this stage. Before the changes take effect, Zilliqa plans to disclose technical details and post information on token receipt, swaps, and migration first on its official website.
https://coinness.com/en/news/1174487
CoinNess
Zilliqa plans shift to Ethereum layer-2 for regulated institutions - CoinNess
Layer-1 blockchain Zilliqa said it plans to transition to an Ethereum layer-2 network for regulated institutions called Zilliqa Institutional Layer. The networ...
[Riot signs $28B AI data center lease deal with Anthropic]
U.S. Bitcoin mining company Riot Platforms (NASDAQ: RIOT) has signed a $28 billion data center lease agreement with AI company Anthropic, CoinDesk reported. The 15-year deal calls for Riot to provide 910 megawatts of power infrastructure at its Corsicana campus in Texas.
Total construction costs are estimated at about $5.5 billion, and Riot may have to reimburse Anthropic for up to $3.6 billion in data center facility costs. Those reimbursements can be deducted from future lease payments, in which case annual interest of 12% would apply.
Meanwhile, Riot sold 20,264 BTC for about $1.5 billion from January through September this year to fund its shift into the AI data center business.
https://coinness.com/en/news/1174488
U.S. Bitcoin mining company Riot Platforms (NASDAQ: RIOT) has signed a $28 billion data center lease agreement with AI company Anthropic, CoinDesk reported. The 15-year deal calls for Riot to provide 910 megawatts of power infrastructure at its Corsicana campus in Texas.
Total construction costs are estimated at about $5.5 billion, and Riot may have to reimburse Anthropic for up to $3.6 billion in data center facility costs. Those reimbursements can be deducted from future lease payments, in which case annual interest of 12% would apply.
Meanwhile, Riot sold 20,264 BTC for about $1.5 billion from January through September this year to fund its shift into the AI data center business.
https://coinness.com/en/news/1174488
CoinNess
Riot signs $28B AI data center lease deal with Anthropic - CoinNess
U.S. Bitcoin mining company Riot Platforms (NASDAQ: RIOT) has signed a $28 billion data center lease agreement with AI company Anthropic, CoinDesk reported. The...
[Fed, OCC launch urgent bank security review after Binance hack]
U.S. financial authorities have begun an urgent review of the banking sector after Binance’s $6.3 billion hack, the largest on record, to prevent crypto-related security risks from spilling into traditional finance.
According to Reuters, the Fed and the Office of the Comptroller of the Currency have been contacting major commercial banks since earlier this week to assess any signs of system abnormalities or service disruptions. The move is aimed at preemptively blocking the fallout from a major security breach at a crypto exchange from spreading to banking networks.
Large U.S. banks are now conducting detailed internal diagnostics to identify vulnerabilities that could expose them to similar attack methods. At one major bank, the cyber security team has been in direct contact with Binance and is preparing an internal report analyzing the attack vector, with plans to overhaul its security infrastructure based on the findings. Binance also said it has been communicating with regulators in multiple countries in real time.
https://coinness.com/en/news/1174489
U.S. financial authorities have begun an urgent review of the banking sector after Binance’s $6.3 billion hack, the largest on record, to prevent crypto-related security risks from spilling into traditional finance.
According to Reuters, the Fed and the Office of the Comptroller of the Currency have been contacting major commercial banks since earlier this week to assess any signs of system abnormalities or service disruptions. The move is aimed at preemptively blocking the fallout from a major security breach at a crypto exchange from spreading to banking networks.
Large U.S. banks are now conducting detailed internal diagnostics to identify vulnerabilities that could expose them to similar attack methods. At one major bank, the cyber security team has been in direct contact with Binance and is preparing an internal report analyzing the attack vector, with plans to overhaul its security infrastructure based on the findings. Binance also said it has been communicating with regulators in multiple countries in real time.
https://coinness.com/en/news/1174489
CoinNess
Fed, OCC launch urgent bank security review after Binance hack - CoinNess
U.S. financial authorities have begun an urgent review of the banking sector after Binance’s $6.3 billion hack, the largest on record, to prevent crypto-relat...
[JPYC warns of phishing emails aimed at stealing login details]
JPYC said it has identified phishing emails impersonating the company and directing users to fake websites to steal login information and other data. It added the sender address could be spoofed even if it appears to be a company email address, and urged users not to open links or attachments in suspicious emails.
https://coinness.com/en/news/1174490
JPYC said it has identified phishing emails impersonating the company and directing users to fake websites to steal login information and other data. It added the sender address could be spoofed even if it appears to be a company email address, and urged users not to open links or attachments in suspicious emails.
https://coinness.com/en/news/1174490
CoinNess
JPYC warns of phishing emails aimed at stealing login details - CoinNess
JPYC said it has identified phishing emails impersonating the company and directing users to fake websites to steal login information and other data. It added t...
[Nasdaq-listed TRON buys $49.5K more in TRX]
Nasdaq-listed TRON bought an additional 155,372 TRX, according to Onchain Lens. The purchase was worth about $49,470 at an average price of $0.3218 per token. Following the buy, TRON’s cumulative TRX holdings exceeded 722.10 million.
https://coinness.com/en/news/1174491
Nasdaq-listed TRON bought an additional 155,372 TRX, according to Onchain Lens. The purchase was worth about $49,470 at an average price of $0.3218 per token. Following the buy, TRON’s cumulative TRX holdings exceeded 722.10 million.
https://coinness.com/en/news/1174491
CoinNess
Nasdaq-listed TRON buys $49.5K more in TRX - CoinNess
Nasdaq-listed TRON bought an additional 155,372 TRX, according to Onchain Lens. The purchase was worth about $49,470 at an average price of $0.3218 per token. F...
[Strategy raises enough via STRC to buy more than 120 BTC]
Strategy is estimated to have raised enough capital through its perpetual preferred stock STRC to buy more than 120 BTC yesterday, according to Bitcoin Treasuries. Bitcoin Treasuries said the fundraising suggests STRC-based financing for Bitcoin purchases has become active again after about 170 days.
https://coinness.com/en/news/1174492
Strategy is estimated to have raised enough capital through its perpetual preferred stock STRC to buy more than 120 BTC yesterday, according to Bitcoin Treasuries. Bitcoin Treasuries said the fundraising suggests STRC-based financing for Bitcoin purchases has become active again after about 170 days.
https://coinness.com/en/news/1174492
CoinNess
Strategy raises enough via STRC to buy more than 120 BTC - CoinNess
Strategy is estimated to have raised enough capital through its perpetual preferred stock STRC to buy more than 120 BTC yesterday, according to Bitcoin Treasuri...
[Binance deletes all SignalPlus-linked API keys as a precaution]
Binance said it deleted all API keys linked to external platform SignalPlus as an immediate precaution after SignalPlus reported a potential security issue. Binance added its own systems were not affected and user funds remain safe.
The exchange advised SignalPlus users to log in directly to their Binance accounts to review positions and open orders. Binance also recommended waiting to reconnect API keys until SignalPlus confirms a full resolution and keeping IP whitelisting enabled at all times.
https://coinness.com/en/news/1174493
Binance said it deleted all API keys linked to external platform SignalPlus as an immediate precaution after SignalPlus reported a potential security issue. Binance added its own systems were not affected and user funds remain safe.
The exchange advised SignalPlus users to log in directly to their Binance accounts to review positions and open orders. Binance also recommended waiting to reconnect API keys until SignalPlus confirms a full resolution and keeping IP whitelisting enabled at all times.
https://coinness.com/en/news/1174493
CoinNess
Binance deletes all SignalPlus-linked API keys as a precaution - CoinNess
Binance said it deleted all API keys linked to external platform SignalPlus as an immediate precaution after SignalPlus reported a potential security issue. Bin...
[Kazakhstan invests $100M in crypto funds including Brevan Howard Digital]
Kazakhstan has invested a total of $100 million in cryptocurrency investment funds, including Brevan Howard Digital, the digital-asset investment arm of global hedge fund Brevan Howard, Bloomberg reported.
https://coinness.com/en/news/1174494
Kazakhstan has invested a total of $100 million in cryptocurrency investment funds, including Brevan Howard Digital, the digital-asset investment arm of global hedge fund Brevan Howard, Bloomberg reported.
https://coinness.com/en/news/1174494
CoinNess
Kazakhstan invests $100M in crypto funds including Brevan Howard Digital - CoinNess
Kazakhstan has invested a total of $100 million in cryptocurrency investment funds, including Brevan Howard Digital, the digital-asset investment arm of global ...
[Bithumb to temporarily suspend NEAR deposits and withdrawals]
South Korean exchange Bithumb announced it will temporarily suspend NEAR deposits and withdrawals at 3:00 a.m. UTC on Nov. 6 to support a Near Protocol network upgrade.
https://coinness.com/en/news/1174495
South Korean exchange Bithumb announced it will temporarily suspend NEAR deposits and withdrawals at 3:00 a.m. UTC on Nov. 6 to support a Near Protocol network upgrade.
https://coinness.com/en/news/1174495
CoinNess
Bithumb to temporarily suspend NEAR deposits and withdrawals - CoinNess
South Korean exchange Bithumb announced it will temporarily suspend NEAR deposits and withdrawals at 3:00 a.m. UTC on Nov. 6 to support a Near Protocol network ...
[Trump Media transfers $342M in BTC to Crypto.com]
A wallet linked to Trump Media transferred 4,259 BTC, worth about $342 million, to Crypto.com, CoinDesk reported, citing Arkham data. It was the third BTC transfer this year from a Trump Media-related wallet to Crypto.com. Trump Media had previously said similar transfers were for asset custody management, not a sale.
https://coinness.com/en/news/1174496
A wallet linked to Trump Media transferred 4,259 BTC, worth about $342 million, to Crypto.com, CoinDesk reported, citing Arkham data. It was the third BTC transfer this year from a Trump Media-related wallet to Crypto.com. Trump Media had previously said similar transfers were for asset custody management, not a sale.
https://coinness.com/en/news/1174496
CoinNess
Trump Media transfers $342M in BTC to Crypto.com - CoinNess
A wallet linked to Trump Media transferred 4,259 BTC, worth about $342 million, to Crypto.com, CoinDesk reported, citing Arkham data. It was the third BTC trans...
[USDT trades at 13% premium against Paraguay’s fiat currency after local bank closure]
USDT was trading at a premium of more than 13% against Paraguay’s fiat currency on Bybit, according to The Defiant on Nov. 5.
The move was seen as reflecting a supply-demand imbalance after the closure of local lender Ueno Bank, which left funds tied up in the traditional financial system and drove local depositors and investors to rush into the dollar-pegged stablecoin to preserve assets.
https://coinness.com/en/news/1174497
USDT was trading at a premium of more than 13% against Paraguay’s fiat currency on Bybit, according to The Defiant on Nov. 5.
The move was seen as reflecting a supply-demand imbalance after the closure of local lender Ueno Bank, which left funds tied up in the traditional financial system and drove local depositors and investors to rush into the dollar-pegged stablecoin to preserve assets.
https://coinness.com/en/news/1174497
CoinNess
USDT trades at 13% premium against Paraguay’s fiat currency after local bank closure - CoinNess
USDT was trading at a premium of more than 13% against Paraguay’s fiat currency on Bybit, according to The Defiant on Nov. 5. The move was seen as reflecting...
[Lido adds token swap feature for Ethereum, Arbitrum and Base]
Lido said it has added a token swap feature to its user interface, allowing users to directly swap tokens on the Ethereum, Arbitrum and Base networks within the Lido UI. The feature is powered by CoW Swap.
https://coinness.com/en/news/1174498
Lido said it has added a token swap feature to its user interface, allowing users to directly swap tokens on the Ethereum, Arbitrum and Base networks within the Lido UI. The feature is powered by CoW Swap.
https://coinness.com/en/news/1174498
CoinNess
Lido adds token swap feature for Ethereum, Arbitrum and Base - CoinNess
Lido said it has added a token swap feature to its user interface, allowing users to directly swap tokens on the Ethereum, Arbitrum and Base networks within the...