Binance Futures will launch perpetual contracts with a maximum leverage of 75x at the following times: November 8, 2024, 23:30 (ET): GRASSUSDT perpetual contracts;

BIO Protocol’s model is similar to “Y Combinator for on-chain science”. BIO currently has seven BioDAOs. BIO Protocol is currently conducting the second round of BIO Genesis activities, where users can exchange $BIO with ETH or DeSci tokens.

Sky (formerly MakerDAO) said on the X platform that the new SPK token economics proposal is now available on the Sky forum. The proposal aims to regulate the issuance of Star tokens, and the first Star token SPK will be launched in the coming months. As stated in the proposal, the founding issuance of Star tokens will last for 10 years, with half of the issuance occurring in the first two years, and the issuance rate halving every two years thereafter. Like all future Star tokens, the total supply of SPK is 10 billion; 8 billion of which are allocated to three recipient types, namely USDS holders, activated SKY holders, and sealed SKY holders, and SPK is expected to be issued first in the coming months; in addition, 1 billion is allocated to liquidity bootstrapping and another 1 billion is allocated to contributor token grants. Both parts of the tokens will be managed by the governance team of each Star token, with rewards tied to milestones and performance, and liquidity tokens subject to transparency and reporting. Subject to the approval of the governance layer, this proposal aims to establish a clear and transparent framework for the issuance of each Star token within the Sky ecosystem.

The crypto industry has spent about $135 million to support more than 50 candidates in the 2024 U.S. election cycle, including Democrats and Republicans, incumbents and challengers, favorites and longshots. But they all have one thing in common now: victory. In the Nov. 5 election, all 48 candidates backed by the crypto industry’s largest political action committees had declared victory as of noon local time Friday. Of the eight elections still counting votes, candidates backed by the political action committees are leading in all but three.

MANTRA, a Layer1 blockchain focusing on RWA assets, has opened OM airdrop inquiries and announced the airdrop details. The total amount of airdrops is 50 million OM, of which 60% are allocated to KARMA pre-mainnet task participants, 12% to Galxe Season1 event participants, 8% to ATOM stakers to MANTRA nodes, 4% to Bad Kids NFT holders, 4% to Celestine Sloth NFT holders, 3.5% to Pudgy Penguins NFT holders, 3.5% to testnet validators, etc. In addition, MANTRA stated that the previous "3-month cliff period, followed by initial liquidity allocation and 9-month linear unlocking" will be changed to "shortening the cliff period to 1 month, followed by 11 months of linear unlocking."

South Korea's financial regulator will step up its monitoring of the market, paying particular attention to stocks associated with Donald Trump and the growing volatility in the cryptocurrency space. The decision comes after the recent U.S. election results and the Federal Reserve's latest Federal Open Market Committee (FOMC) statement. At a meeting of the Financial Supervisory Service (FSS) on November 8, FSS Director Lee Bok-hyun stressed the need to take strict measures against market manipulation and the spread of unfounded rumors if there is evidence to support it.

Charles Cascarilla, CEO and co-founder of New York-based blockchain platform Paxos, said at the Singapore Fintech Festival on Friday that Trump’s election created “a real opportunity for a golden age of cryptocurrencies.” He explained: “Trump’s campaign was built around a real crypto theme, where people thought that all this pent-up demand could be unleashed by the U.S. and turn the country from a laggard into a leader.”

Muneeb Ali, co-founder of Bitcoin Layer2 network Stacks, posted on the X platform: "We have established a new Stacks entity 'Bitcoin L2 Labs', obtained $20 million in financing, and focused on core development. Adriano DiLuzio (formerly a member of Algorand Labs) will serve as CTO and lead the development of Stacks Core and SBTC."

The Ministry of State Security announced a case on November 8: Wang was a public official of a confidential unit and was a good young man in the eyes of the unit and his family. However, due to losses from investing in virtual currency and owing huge debts, he was lured and instigated by foreign spy intelligence agencies, and gradually embarked on a criminal path. The national security agency found that Wang provided top-secret and confidential state secrets to the other party, and obtained spy funds equivalent to more than 1 million yuan through virtual currency recharges and transactions. In the end, Wang was sentenced to life imprisonment by the People's Court for the crime of espionage and deprived of political rights for life.

In the third quarter of 2024, Optimism accounted for 88% of Safe's active users and World Chain accounted for 93% of all newly created accounts. Ethereum accounted for more than 83% of the total transactions processed by Safes and 84% of Safes' stored assets.

Options expiring today account for 15% of total positions, but the biggest pain point is not affected. Affected by the election, the implied volatility (IV) of short-term options has dropped significantly, market sentiment is optimistic, and the trend in the fourth quarter may continue to be strong.