The first Token Generation Event (TGE) will distribute 12.5% of $ME. 37.7% will be allocated to the community and ecosystem; 26.2% will be allocated to contributors, including core developers and advisors; and 23.6% will be used for strategic participants, with a minimum lock-up period of 12 months.

According to the Financial Times, Trump Media & Technology Group (TMTG), owned by US President-elect Donald Trump, is in talks with Intercontinental Exchange (ICE) to acquire its cryptocurrency trading platform Bakkt, which is expected to be completed in an all-stock transaction.

MicroStrategy intends to use the net proceeds from this offering to purchase additional bitcoin and for general corporate purposes. This private placement will be open to qualified institutional investors and certain non-U.S. investors, and the size of the offering may increase to $2 billion if market conditions permit. The notes are convertible into cash, MicroStrategy Class A common stock, or a combination of both, and the final terms of the offering will be determined at pricing.

Genius Group (NYSE American: GNS) announced that it has completed its first Bitcoin purchase, purchasing 110 Bitcoins for $10 million at an average price of $90,932 per Bitcoin. This is the first step in the company's "Bitcoin First" strategy, which plans to invest more than 90% of its current and future reserves in Bitcoin, with a total target of $120 million.

At around 22:54 Beijing time, Tether Treasury minted an additional 1 billion USDT on the Ethereum network.

Goldman Sachs Group Inc. is in talks with potential partners to spin off its digital assets platform into a new company that will allow large financial firms to create, trade and settle financial instruments using blockchain technology.

A group of crypto veterans, including the co-founder of decentralized finance giant Lido, are preparing to launch "Y," a blockchain identity platform designed to compete with Sam Altman's World Network (formerly Worldcoin). The media obtained an internal planning document for the new project. A person close to Cyber Fund, a venture capital firm led by Lido co-founders Konstantin Lomashuk and Vasiliy Shapovalov, confirmed that the document is authentic. It depicts a vision of a new blockchain-based identity platform that will leapfrog World's controversial eye-scanning device Orb.

Semler Scientific (SMLR), a US medical technology public company, announced that between November 6, 2024 and November 15, 2024, it purchased 215 bitcoins for $17.7 million in cash at an average price of $82,502 per bitcoin, including fees and expenses.

MicroStrategy used the proceeds from the stock sales to purchase an additional 51,780 bitcoins for $4.6 billion between November 11 and 17, 2024.

Dogecoin UI designer DogeDesigner shared an audio clip of Musk, in which Musk said "I still hold a lot of Dogecoin, and SpaceX holds a lot of Bitcoin."

Ethereum Layer 2 network Starknet said on X Platform that the demand for Ethereum blobs is steadily increasing and has exceeded the target blob efficiency. We launched the first solution to this challenge: Starknet v0.13.3. Blob gas on Starknet has now been reduced to one-fifth of the original; it has been launched on the testnet and is expected to be launched on the mainnet this week.

MARA, a listed Bitcoin mining company, announced that it plans to raise $700 million through the issuance of convertible senior notes to purchase more BTC. The notes will be MARA's unsecured senior debt and will bear interest, payable semi-annually on March 1 and September 1 of each year, starting from March 1, 2025.