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Shiba Inu’s Shibarium hits new milestone, Solana whale moves $11M, Everlodge price rises 150%

Shiba Inu’s Shibarium has achieved a significant milestone. Also, a large Solana whale has transferred $11 million. Could a major token dump be coming? Meanwhile, Everlodge’s presale has gained momentum as more investors move to stockpile more tokens. Shiba Inu (SHIB) shibarium sees increased adoption Shibarium, Shiba Inu’s L2 blockchain, has experienced a massive increase in activity, as reported by Shibariumscan. The number of daily new contracts created on the network has surged by 3,000%. This shows an increase in

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BUIDL for Web3 Summit 2023 set to elevate India’s blockchain landscape

Lumos Labs and Buidlers Tribe announce BUIDL for Web3 Summit 2023 on Dec 4 in Bengaluru. The summit features web3 visionaries, a startup pitch competition with $100,000 funding, and a Web3 Job Fair. With 500+ registrations, the event shapes India’s blockchain future, fostering collaboration and innovation in web3. In a significant move toward shaping the future of India’s blockchain landscape, Lumos Labs and Buidlers Tribe are gearing up for the BUIDL for Web3 Summit 2023, organized by Bitget. Scheduled for

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Germany’s Commerzbank obtains crypto custody licence

Commerzbank has become the first full-service bank in Germany to receive regulatory approval for a crypto custody licence. Commerzbank, among the top four largest banks in Germany, has taken a huge step towards providing its clients access to secure digital assets custody. This is after it became the first full-service bank in the country to receive a crypto custody licence from the Federal Financial Supervisory Authority (BaFin). The regulatory approval was granted pursuant to the German Banking Act (KWG), Frankfurt-based

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SAG-AFTRA strike ends as AI deal reached, Hollywood still torn

The Hollywood actors’ union This also includes consent for digital alterations to the performer’s performance in “previously recorded material unless it remains substantially as scripted, performed and/or recorded” and producers must provide a “reasonably specific description” of the alterations they would like to make.  For background actors, the agreement said if “lip or facial movements are altered to make it look like a background actor is speaking, and dialogue is added, they will be upgraded to a day performer.” Mixed

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Bitget drops plans to seek crypto license in Hong Kong

Cryptocurrency trading platform Bitget has dropped plans to obtain a Virtual Asset Trading Platform (VATP) license in Hong Kong, citing business and market-related considerations. Bitget officially announced on Nov. 13 that its Hong Kong division, BitgetX, accessible by the domain BitgetX.hk, will cease operations by Dec. 13, 2023. As Bitget decided not to apply for a VATP license, the firm will have to permanently withdraw from the Hong Kong market, the announcement notes. The company has strongly encouraged users to

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Brad Garlinghouse jabs at maximalists: ‘It will be a multichain world’

While many participants in the crypto space continue to advocate for only a single blockchain, some believe that the future will be made up of multiple blockchains working together.  From Toronto in 2017 to now, we’ve taken #RippleSwell around the world. I closed out this year’s event with a fireside chat with CNBC’s @dan_murphy talking about how we’ll get to the next phase of enterprise crypto adoption with regulatory clarity. 1/2 https://t.co/kXLxeAGaEk — Brad Garlinghouse (@bgarlinghouse) November 11, 2023 At

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Genesis, Three Arrows Capital Reach Agreement on $1B of Claims

“The 3AC Debtor shall receive an allowed general unsecured claim against Genesis in the amount of $33,000,000 in full and complete satisfaction of the more than $1 billion dollars in claims asserted against each of the Genesis Debtors,” the document said, adding that the agreement will “mutually release each other from liability.”

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