ALLO opened at $0.9887, now trading at $0.79.

On November 12th, the Deputy Governor of the Bank of England, Broadbent, stated that more work still needs to be done to guide consumers in identifying the unsafe tokens issued by El Salvador. Previous incidents such as the withdrawals from Silicon Valley Bank and Circle have provided guidance for the latest stablecoin proposal. Weakening stablecoin regulation poses risks. The UK needs to adopt a different approach to stablecoins compared to the US. The new stablecoin rules are based on past stress events. (FX678)

On November 11th. US House Democratic Leader Jeffries declared that he will be opposed to a short-term spending bill which does not include subsidies for the Affordable Care Act. (Golden Finance)

On November 11th, as per Bloomberg, U.S. federal prosecutors are endeavoring to retrial two brothers who are accused of filching around $25 million worth of cryptocurrency from traders on the Ethereum blockchain. According to the court documents submitted later on Monday, U.S. government attorneys have requested District Court Judge Jessica Clarke to expedite the scheduling of a new fraud trial, which could potentially be as early as February. The two defendants in question are James and Anton Peraire-Bueno, both recent graduates of the Massachusetts Institute of Technology (MIT).

On November 11th, cryptocurrency journalist Eleanor Terrett reported that Canary has submitted the XRP 8-A form, which represents the final stage before its effective date. Once Nasdaq approves its listing, it is anticipated to take effect at 5:30 p.m. Eastern Time on Wednesday. At that moment, the final obstacle will be overcome, and the first XRP spot ETF will officially commence trading on Thursday.

November 11th. As per official channels, Injective has made an announcement that the EVM mainnet is now in operation, facilitating real-time transaction speeds on a genuine MultiVM network.

On November 11th, according to the report by Decrypt, Qian Zhimin, the mastermind behind a 60,000 BTC money laundering case, was sentenced to 11 years and 8 months in prison at Southwark Crown Court in the UK on Tuesday. Qian Zhimin was also known by the name "Zhang Yadi." In September, she admitted to fraud and money laundering charges related to her company, Blue Sky Grid. The company promised wealth through high-tech health products and cryptocurrency mining projects. Also on trial with her was her Malaysian accomplice, Seng Hok Ling, who served as her intermediary and financial agent in the case and was sentenced to 4 years and 11 months in prison.