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The Chairman of the U.S. Senate Banking Committee is expected to vote on the Cryptocurrency Market Structure Bill next month

2 hours ago

On November 19th, as reported by The Block, Senator Tim Scott, the chairman of the U.S. Senate Banking Committee, said on Tuesday that he intends to urge the committee to conduct a vote on the cryptocurrency market structure bill next month. During an interview, Tim Scott stated, "By the end of this year, that is, next month, we believe we can hold a markup and vote in two committees and submit the bill to the full Senate for a vote early next year so that President Trump can sign it into law." Since this market structure legislation pertains to both securities and commodities regulation, it requires the approval of both the Senate Banking Committee and the Agriculture Committee. Tim Scott mentioned that this legislation will safeguard consumers while assisting in consolidating the U.S.'s position as the world's strongest economy in the next century. The Republican senator had been advocating for the passage of this bill prior to September this year but was unsuccessful, attributing it to obstruction from the Democratic side.
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Wizzwoods has completed a $10 million Series A funding round, with Animoca Ventures and Infinity Ventures Crypto co-leading the investment.

On November 19th, Wizzwoods made an announcement regarding the completion of a $10 million Series A funding round. Animoca Ventures and Infinity Ventures Crypto took the lead in this round. It is reported that Wizzwoods is a pixelated farm game that integrates a cross-chain mechanism with SocialFi elements. It was developed as a Telegram Mini Program and a Twitter extension app.

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Source: The xAI project aims to raise $15 billion with a valuation of $230 billion

On November 19th, as per The Wall Street Journal, sources disclosed that Musk's AI company xAI is engaged in intensive negotiations and is planning to raise $15 billion with a valuation of $230 billion. This valuation shows a substantial increase compared to the $113 billion valuation that was disclosed when it merged with Musk's social platform X in March of this year. Sources stated that Musk's private wealth manager, Jared Birchall, informed investors of the financing terms on Tuesday evening. It is currently unknown whether this valuation is pre-money or post-money. CNBC reported on xAI's financing plans last week. After this report came out, Musk replied to a user's post on X about the news with "fake", which sparked speculation. It is reported that after finishing government affairs in the United States, Musk has focused his attention on xAI and is dedicated to making it a key player in the global AI field. (Golden Finance)

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The trader spent $14,250 to buy Meme coin "67", which is currently enjoying a 100x unrealized gain.

On November 19th, as monitored by LookOnChain, two months ago, trader 7ZsN8P spent $7,400 to purchase 20.67 million Meme coins "67". Subsequently, he sold them for $3,040, resulting in a loss of $4,360 (-59%). Later, he used 3 wallets to buy another 36.56 million "67" coins, spending a total of $14,250, and added liquidity to earn trading fees. When the price of "67" rose, he withdrew all the liquidity and now holds 37.43 million "67" coins ($1.44 million). The unrealized profit is now $1.43 million, which is a full 100 times the initial investment.

14 minutes ago

Suspected Wintermute Address Withdraws 5.27 Million ENA from Binance

On November 19th, according to The Data Nerd's monitoring, 30 minutes ago, a whale (possibly Wintermute) withdrew 5.27 million ENA from Binance, which is approximately worth $1.47 million. Before this, the same address received 12.29 million ENA from Wintermute (worth around $3.91 million) and has since staked all the ENA with Ethena.

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MegaETH Launches Mainnet Testnet Frontier

On November 19th, MegaETH made an announcement regarding the launch of the mainnet test version Frontier. This version is specifically intended for early users, experimenters, and Ethereum enthusiasts. It is scheduled to be launched in early December and will be available for a period of one month.

14 minutes ago

An address on Polymarket has earned over $260,000 in accumulated profits from betting on the "Solomon Public Sale Raise Amount."

On November 19th, according to the data on the Polymarket website, an address "0x774" has accumulated a total profit of more than $260,000 from betting on the "Solomon Public Sale Fundraising Amount" on Polymarket.
The community has doubts that this address may be an insider address. Because this address has made a profit of more than $109,000 by betting on the "Solomon Public Sale Fundraising over $80 million", and the prior probability of this event was once only 2.6%.

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