MetaMask: Reward Points Program and Future TGE are Two Different Things, But Will Interrelate
On November 2nd, MetaMask put out a statement to make it clear that the MetaMask Rewards Program and the future MetaMask TGE are two distinct entities. The rewards points program is a loyalty program that will offer you tangible rewards based on your actions. The first season rewards comprise over $30 million worth of LINEA tokens. This $30 million is determined according to the price of the token at the start of the MetaMask Rewards, and there is a provision for adjustment in case the price fluctuates. Furthermore, all $LINEA rewards acquired and held through MetaMask Rewards Season 1 will be counted towards future rewards.
At the same time, the rewards points program is related to the TGE. The TGE will acknowledge those who have contributed to shaping the MetaMask ecosystem, including the veterans who have been maintaining the status quo or rejoining the journey.
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European Cybercrime Centre has pledged to increase international cooperation and resources to investigate cryptocurrency crimes
On November 2nd, as per Decrypt, this week the head of the European Financial and Economic Crime Centre (EFECC) of the European Union Agency Europol gave a warning that the means of committing crimes by using cryptocurrency and blockchain are becoming "increasingly sophisticated."
He made a pledge that Europol will continuously enhance its efforts to assist member countries in conducting complex international investigations. He also advocated for the establishment of global standards and the provision of impartial blockchain training in order to strengthen cross-border investigations.
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Sigma Capital CEO: The Four-Year Cycle Has Not Ended, and the Next Bear Market Could See a Decline of Up to 70%
On November 2nd, as reported by Cointelegraph, Vineet Budki, the CEO of the early-stage venture capital firm Sigma Capital based in the Middle East, stated that the "four-year cycle" of cryptocurrencies has not come to an end and the market may experience a "drop of up to 70%" in the next bear market.
He pointed out that due to the lack of understanding of Bitcoin's economic attributes in the market, holders often quickly sell off when negative signals appear, which triggers intense volatility.
Nevertheless, Budki remains optimistic about Bitcoin's long-term prospects and expects the price to reach "up to $1 million per coin" in the next decade.
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Cathie Wood's ARK Invest Buys Over $5 Million in Bullish Stock
On November 2nd, Cathie Wood's ARK Invest once more augmented its stake in the trading platform Bullish (BLSH) stock. It purchased more than $5 million worth of stocks through the ARKK, ARKW, and ARKF funds. Previously, ARK had bought $8.27 million worth of shares in mid-October. Since Bullish made its NYSE debut with a valuation of $11 billion, ARK's total holdings amount to approximately $172 million. (Cointelegraph)
3 minutes ago
Zcash Foundation Releases ZEC Q4 Roadmap
On November 2nd, the creator of Zcash (ZEC), Electric Coin Co. (ECC), has released the Q4 2025 roadmap. This roadmap emphasizes the need to increase the usage of sapling addresses to enhance privacy transactions and address the quality-of-life issues faced by Keystone hardware wallet users. The main focus is on reducing technical debt and improving the privacy and usability for Zashi wallet users while ensuring the smooth management of the development fund.
The roadmap outlines 4 key priorities: adding sapling addresses for all ZEC swaps using the NEAR Intents protocol, generating a new transparent address after funds are received at an address, and supporting Pay-to-Script-Hash (P2SH) multi-signature for Keystone hardware wallets.
Electric Coin Co. (ECC) is the organizing body behind Zcash and has developed the Zashi wallet. (The Block)
3 minutes ago
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