EddieJayonCrypto

 26 Nov 24

tl;dr

• SEC collects record $8.2 billion in enforcement actions in 2024: The Securities and Exchange Commission sets a new annual high, driven by crackdowns on crypto firms and securities violations.• Binance Labs invests in Kernel for BNB Chain restaking: The investment focuses on expanding staking capab...

• SEC collects record $8.2 billion in enforcement actions in 2024: The Securities and Exchange Commission sets a new annual high, driven by crackdowns on crypto firms and securities violations.
• Binance Labs invests in Kernel for BNB Chain restaking: The investment focuses on expanding staking capabilities and increasing BNB Chain's DeFi adoption through Kernel's restaking infrastructure.
• Dogecoin Foundation seeks major donors for 2025 initiatives: Plans include ecosystem upgrades, developer grants, and marketing campaigns to strengthen DOGE's use cases and market position.
• European Investment Bank issues €105 million digital bond via HSBC Orion: The blockchain-based issuance highlights Europe’s growing leadership in digital finance and tokenized assets.
• Elon Musk faces renewed Dogecoin manipulation allegations: Critics allege Musk’s tweets and X activity continue to influence DOGE price movements, sparking debate over market manipulation.
• Ripple CEO Brad Garlinghouse secures "60 Minutes" interview: The appearance is expected to address Ripple’s legal battles with the SEC and its future in cross-border payments.
• RBI highlights generative AI’s potential $438 billion GDP contribution: The Reserve Bank of India predicts transformative impacts across finance, healthcare, and logistics due to AI advancements.
• Cardano investors withdraw ADA from exchanges: A surge in off-exchange activity suggests confidence in long-term holding amid speculation of major price movements.
• 7 million UK adults now own crypto, FCA reports: The Financial Conduct Authority cites rising adoption, with Bitcoin and Ethereum being the most popular assets.
• Phantom wallet integrates Base blockchain support: The update expands Phantom’s multichain functionality, enabling seamless interaction with Base Layer-2 applications.
• Altcoins heat up as Bitcoin cools: Growing momentum in Ethereum, Solana, and XRP suggests a potential altseason as Bitcoin’s price stabilizes below $100,000.

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