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        <title>Unis</title>
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        <item>
            <title><![CDATA[NFT trading volume increased 193% month-on-month to US$916 million in November]]></title>
            <link>https://paragraph.com/@unis-2/nft-trading-volume-increased-193-month-on-month-to-us-916-million-in-november</link>
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            <pubDate>Sat, 02 Dec 2023 05:28:09 GMT</pubDate>
            <description><![CDATA[NFT sales data on 21 blockchains tracked by CryptoSlam show that NFT sales totaled approximately US$916 million in November, an increase of 193% from US$313 million in October. Among these sales, NFT sales on the Bitcoin chain accounted for 41%, approximately US$376 million, ranking first. NFT sales on the Ethereum chain accounted for 38%, approximately US$348 million, ranking second. Followed by Solana ($81.56 million), Mythos ($25.92 million), Polygon ($25.23 million), and ImmutableX ($23.7...]]></description>
            <content:encoded><![CDATA[<p>NFT sales data on 21 blockchains tracked by CryptoSlam show that NFT sales totaled approximately US$916 million in November, an increase of 193% from US$313 million in October. Among these sales, NFT sales on the Bitcoin chain accounted for 41%, approximately US$376 million, ranking first. NFT sales on the Ethereum chain accounted for 38%, approximately US$348 million, ranking second. Followed by Solana ($81.56 million), Mythos ($25.92 million), Polygon ($25.23 million), and ImmutableX ($23.79 million).</p>]]></content:encoded>
            <author>unis-2@newsletter.paragraph.com (Unis)</author>
        </item>
        <item>
            <title><![CDATA[
SpaceX’s “Doge-1” lunar mission receives final approval from the U.S. Federal Communications Commission]]></title>
            <link>https://paragraph.com/@unis-2/spacex-s-doge-1-lunar-mission-receives-final-approval-from-the-u-s-federal-communications-commission</link>
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            <pubDate>Sat, 02 Dec 2023 02:18:05 GMT</pubDate>
            <description><![CDATA[Samuel Reid, CEO of space technology company Geometric Energy Corporation, confirmed on the X platform that SpaceX’s “Doge-1” lunar mission has received permission from the U.S. Federal Communications Commission (FCC). According to the authorization document it shared, the authorization will expire two years after the launch of the DOGE-1 mission or October 30, 2025, whichever occurs first. It is reported that the DOGE-1 satellite was developed by the space technology company Geometric Energy...]]></description>
            <content:encoded><![CDATA[<p>Samuel Reid, CEO of space technology company Geometric Energy Corporation, confirmed on the X platform that SpaceX’s “Doge-1” lunar mission has received permission from the U.S. Federal Communications Commission (FCC). According to the authorization document it shared, the authorization will expire two years after the launch of the DOGE-1 mission or October 30, 2025, whichever occurs first.</p><p>It is reported that the DOGE-1 satellite was developed by the space technology company Geometric Energy Corporation, which announced the project in May 2021. The project was funded and named by DOGE. The satellite will be launched by a SpaceX Falcon 9 rocket.</p><p>As previously reported on November 29, SpaceX’s “Doge-1” satellite has received approval from the U.S. National Telecommunications and Information Administration (NTIA) and is seeking final approval from the U.S. Federal Communications Commission (FCC).</p>]]></content:encoded>
            <author>unis-2@newsletter.paragraph.com (Unis)</author>
        </item>
        <item>
            <title><![CDATA[Tiger Global writes down the value of its BAYC investment by 69% and its OpenSea stake by 94%]]></title>
            <link>https://paragraph.com/@unis-2/tiger-global-writes-down-the-value-of-its-bayc-investment-by-69-and-its-opensea-stake-by-94</link>
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            <pubDate>Fri, 01 Dec 2023 08:42:00 GMT</pubDate>
            <description><![CDATA[Tiger Global Management has written down the value of its Bored Ape Yacht Club (BAYC) investment by 69% and its stake in NFT marketplace OpenSea by 94%, Bloomberg reported, citing people familiar with the matter. It is reported that Tiger Global cut the valuation of its venture fund by about 33% last year, resulting in a loss of US$23 billion in value.]]></description>
            <content:encoded><![CDATA[<p>Tiger Global Management has written down the value of its Bored Ape Yacht Club (BAYC) investment by 69% and its stake in NFT marketplace OpenSea by 94%, Bloomberg reported, citing people familiar with the matter.</p><p>It is reported that Tiger Global cut the valuation of its venture fund by about 33% last year, resulting in a loss of US$23 billion in value.</p>]]></content:encoded>
            <author>unis-2@newsletter.paragraph.com (Unis)</author>
        </item>
        <item>
            <title><![CDATA[Cyberport has reached a cooperation with the Beijing International Big Data Exchange to explore the joint construction of high-value data facilities, etc.]]></title>
            <link>https://paragraph.com/@unis-2/cyberport-has-reached-a-cooperation-with-the-beijing-international-big-data-exchange-to-explore-the-joint-construction-of-high-value-data-facilities-etc</link>
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            <pubDate>Fri, 01 Dec 2023 02:21:21 GMT</pubDate>
            <description><![CDATA[The 26th Beijing-Hong Kong Economic Cooperation Seminar and Conference was held today on the Beijing-Hong Kong Digital Economy Industry Development. Cyberport signed a memorandum of cooperation with the Beijing International Big Data Exchange (Beijing Data Institute) at the meeting to jointly explore the realization of joint construction Infrastructure for high-value data accelerates data circulation, strengthens support for cutting-edge technology development and innovation, and promotes the...]]></description>
            <content:encoded><![CDATA[<p>The 26th Beijing-Hong Kong Economic Cooperation Seminar and Conference was held today on the Beijing-Hong Kong Digital Economy Industry Development. Cyberport signed a memorandum of cooperation with the Beijing International Big Data Exchange (Beijing Data Institute) at the meeting to jointly explore the realization of joint construction Infrastructure for high-value data accelerates data circulation, strengthens support for cutting-edge technology development and innovation, and promotes the development of digital economic industries and the construction of smart cities.</p><p>This cooperation will rely on the advantages of the technology and service capabilities of the companies settled in Cyberport and the advantages of North Digital&apos;s wide range of data application scenarios in the field of data circulation and transaction infrastructure. The two parties will explore the joint construction of a basis for the production, circulation and operation of high-value data elements. Facilities are aimed at enterprises, especially small, medium and micro technology enterprises, to explore and solve key issues such as supply and demand docking, data circulation transactions, security compliance, reasonable distribution of income, and innovative financing of data assets. At the same time, both parties will promote docking cooperation between data research institutions, universities, and enterprises in Beijing and Hong Kong, and promote talent exchanges between the two places.</p>]]></content:encoded>
            <author>unis-2@newsletter.paragraph.com (Unis)</author>
        </item>
        <item>
            <title><![CDATA[Crypto financial operating system company Accreal completes $3.85 million in financing]]></title>
            <link>https://paragraph.com/@unis-2/crypto-financial-operating-system-company-accreal-completes-3-85-million-in-financing</link>
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            <pubDate>Thu, 30 Nov 2023 02:25:19 GMT</pubDate>
            <description><![CDATA[The encrypted financial operating system company Accreal completed a US$3.85 million seed round at a valuation of US$15 million. Third Prime and IDEO led the investment, with participation from Alchemy Ventures, OrangeDAO, Soma Capital, Messari founder Ryan Selkis, Nium founder Prajit Nanu and others. The funding will be used to help the company find product-market fit and scale its business and team. It is reported that Accutual was co-founded by Bana, Issa Hassan and Mohamedeq Mohamed. Bana...]]></description>
            <content:encoded><![CDATA[<p>The encrypted financial operating system company Accreal completed a US$3.85 million seed round at a valuation of US$15 million. Third Prime and IDEO led the investment, with participation from Alchemy Ventures, OrangeDAO, Soma Capital, Messari founder Ryan Selkis, Nium founder Prajit Nanu and others. The funding will be used to help the company find product-market fit and scale its business and team.</p><p>It is reported that Accutual was co-founded by Bana, Issa Hassan and Mohamedeq Mohamed. Bana and Mohamed have product development backgrounds from their days at Stripe, while Hassan previously worked as a software engineer at Google. Accreal is dedicated to helping cryptocurrency companies better manage their money. Accreal is designed to help crypto companies bring accounts receivable (AR) and accounts payable (AP) automation processes to financial operations in Web3, a financial operating system that is in beta.</p>]]></content:encoded>
            <author>unis-2@newsletter.paragraph.com (Unis)</author>
        </item>
        <item>
            <title><![CDATA[
U.S. judge approves $1.65 billion settlement between Voyager Digital and FTC]]></title>
            <link>https://paragraph.com/@unis-2/u-s-judge-approves-1-65-billion-settlement-between-voyager-digital-and-ftc</link>
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            <pubDate>Wed, 29 Nov 2023 13:35:30 GMT</pubDate>
            <description><![CDATA[In a Nov. 28 filing in the U.S. District Court for the Southern District of New York, federal Judge Gregory Woods approved an order requiring crypto lending company Voyager Digital and its affiliates to pay $1.65 billion to the U.S. Federal Trade Commission (FTC). USD settlement. As part of the agreement, Voyager will be "permanently restricted and prohibited" from marketing or providing products or services related to digital assets. Under the settlement, parties related to Voyager must coop...]]></description>
            <content:encoded><![CDATA[<p>In a Nov. 28 filing in the U.S. District Court for the Southern District of New York, federal Judge Gregory Woods approved an order requiring crypto lending company Voyager Digital and its affiliates to pay $1.65 billion to the U.S. Federal Trade Commission (FTC). USD settlement. As part of the agreement, Voyager will be &quot;permanently restricted and prohibited&quot; from marketing or providing products or services related to digital assets. Under the settlement, parties related to Voyager must cooperate with FTC officials, including testifying at hearings, trials and discovery. Voyager must also report on its compliance after one year and be subject to oversight by the commission. The order will largely not affect bankruptcy court proceedings, according to the judge. Voyager filed for bankruptcy protection in July 2022 and disclosed debt of $1 billion to $10 billion. In May, the court approved a plan that would have allowed Voyager users to initially receive 35.72% of their claims from the company.</p>]]></content:encoded>
            <author>unis-2@newsletter.paragraph.com (Unis)</author>
        </item>
        <item>
            <title><![CDATA[Web3 consumer application Setter completes $5 million in seed round financing, led by a16z]]></title>
            <link>https://paragraph.com/@unis-2/web3-consumer-application-setter-completes-5-million-in-seed-round-financing-led-by-a16z</link>
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            <pubDate>Wed, 29 Nov 2023 00:50:14 GMT</pubDate>
            <description><![CDATA[Web3 consumer application Setter completed a $5 million seed round led by Andreessen Horowitz (a16z), with participation from Marcy Ventures Partners, Superlayer, Thirty Five Ventures and retired tennis superstar Serena Williams. The app plans to help brands innovate ways to promote exclusive products and provide customers with limited-edition products. It is reported that Setter aims to solve the "complexity and unfriendly nature of current wallet technology" and provide more users with a mo...]]></description>
            <content:encoded><![CDATA[<p>Web3 consumer application Setter completed a $5 million seed round led by Andreessen Horowitz (a16z), with participation from Marcy Ventures Partners, Superlayer, Thirty Five Ventures and retired tennis superstar Serena Williams. The app plans to help brands innovate ways to promote exclusive products and provide customers with limited-edition products.</p><p>It is reported that Setter aims to solve the &quot;complexity and unfriendly nature of current wallet technology&quot; and provide more users with a more seamless Web3 experience. Setter&apos;s initial focus is on partnerships with streetwear and sneaker brands with the aim of expanding into the fashion, luxury and consumer collectibles sectors.</p>]]></content:encoded>
            <author>unis-2@newsletter.paragraph.com (Unis)</author>
        </item>
        <item>
            <title><![CDATA[Report: Ethereum transaction fees would be 4x higher without Rollup network]]></title>
            <link>https://paragraph.com/@unis-2/report-ethereum-transaction-fees-would-be-4x-higher-without-rollup-network</link>
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            <pubDate>Tue, 28 Nov 2023 01:10:50 GMT</pubDate>
            <description><![CDATA[According to Blockworks, a recent report from blockchain infrastructure unit Chainstack stated that without Layer 2 Rollup networks such as Optimism and Arbitrum, Ethereum transaction fees would be 4 times more expensive. And in addition to fees being 360% to 419% higher, the transactions themselves take nearly twice as long on average. That is, the waiting time can even be extended to 114 seconds compared to a block time of approximately 12 seconds.Chainstack wrote: “It is clear that Rollup ...]]></description>
            <content:encoded><![CDATA[<p>According to Blockworks, a recent report from blockchain infrastructure unit Chainstack stated that without Layer 2 Rollup networks such as Optimism and Arbitrum, Ethereum transaction fees would be 4 times more expensive. And in addition to fees being 360% to 419% higher, the transactions themselves take nearly twice as long on average. That is, the waiting time can even be extended to 114 seconds compared to a block time of approximately 12 seconds.Chainstack wrote: “It is clear that Rollup transactions accounted for only a small portion of network activity in 2021, while playing a significant role in Ethereum’s operations in 2023. The growing number of transactions illustrates the impact of Rollup on Ethereum’s overall network efficiency. Key role.&quot;</p>]]></content:encoded>
            <author>unis-2@newsletter.paragraph.com (Unis)</author>
        </item>
        <item>
            <title><![CDATA[
Kyber Network: The KyberSwap team has recovered approximately US$4.67 million in user funds.]]></title>
            <link>https://paragraph.com/@unis-2/kyber-network-the-kyberswap-team-has-recovered-approximately-us-4-67-million-in-user-funds</link>
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            <pubDate>Mon, 27 Nov 2023 08:20:11 GMT</pubDate>
            <description><![CDATA[Kyber Network tweeted that the KyberSwap team has contacted the owners of frontrun bots who withdrew approximately $5.7 million from the KyberSwap liquidity pool on Polygon and Avalanche. After negotiation, the owners of frontrun bots agreed to return 90% of user funds to the designated address. In return, they will receive 10% of the bounty. Up to now, funds worth approximately US$4.67 million have been returned to the KyberSwap deployment address, including 813,198.63 dBSGG (approximately U...]]></description>
            <content:encoded><![CDATA[<p>Kyber Network tweeted that the KyberSwap team has contacted the owners of frontrun bots who withdrew approximately $5.7 million from the KyberSwap liquidity pool on Polygon and Avalanche. After negotiation, the owners of frontrun bots agreed to return 90% of user funds to the designated address. In return, they will receive 10% of the bounty. Up to now, funds worth approximately US$4.67 million have been returned to the KyberSwap deployment address, including 813,198.63 dBSGG (approximately US$813,200), 361.92 axl-wstETH (approximately US$870,500), and 441.8 WETH (approximately US$919,000). USD), 261.5 wstETH (approximately USD 624,000), 711,430.9 WMATIC (approximately USD 547,800), 443,011.6 USDT (approximately USD 443,000), 385,630.7 USDC (approximately USD 385,600), and 65,130 USDT (approximately USD 65,100) Dollar). KyberSwap said it will continue to support law enforcement and cybersecurity experts in recovering remaining user funds from hackers.</p>]]></content:encoded>
            <author>unis-2@newsletter.paragraph.com (Unis)</author>
        </item>
        <item>
            <title><![CDATA[Websea launches BRC20 trading section, adding ORDI/USDT, Sats/USDT and other trading pairs]]></title>
            <link>https://paragraph.com/@unis-2/websea-launches-brc20-trading-section-adding-ordi-usdt-sats-usdt-and-other-trading-pairs</link>
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            <pubDate>Sun, 26 Nov 2023 10:55:52 GMT</pubDate>
            <description><![CDATA[The trading platform Websea launched the BRC20 trading section today, adding ORDI/USDT, Sats/USDT, Rats/USDT and other trading pairs. Websea believes that the inscription market represented by BRC20 has long-term growth potential. By launching a series of BRC20 assets, it will help ecological users seamlessly seize revenue opportunities from the potential market. In addition, through in-depth linkage with the BRC20 market, it is expected to further capture the young investor group.]]></description>
            <content:encoded><![CDATA[<p>The trading platform Websea launched the BRC20 trading section today, adding ORDI/USDT, Sats/USDT, Rats/USDT and other trading pairs. Websea believes that the inscription market represented by BRC20 has long-term growth potential. By launching a series of BRC20 assets, it will help ecological users seamlessly seize revenue opportunities from the potential market. In addition, through in-depth linkage with the BRC20 market, it is expected to further capture the young investor group.</p>]]></content:encoded>
            <author>unis-2@newsletter.paragraph.com (Unis)</author>
        </item>
        <item>
            <title><![CDATA[Lawyer Zhao Changpeng: Zhao Changpeng does not pose a flight risk and should be allowed to return to the UAE]]></title>
            <link>https://paragraph.com/@unis-2/lawyer-zhao-changpeng-zhao-changpeng-does-not-pose-a-flight-risk-and-should-be-allowed-to-return-to-the-uae</link>
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            <pubDate>Sun, 26 Nov 2023 00:46:58 GMT</pubDate>
            <description><![CDATA[A document filed on Thursday said Binance founder Changpeng Zhao "does not pose a flight risk" and should be allowed to return to the United Arab Emirates for now. Zhao Changpeng&apos;s lawyer said that based on all relevant facts, including Zhao Changpeng&apos;s voluntary guilty plea, his willingness to solve the problem and the high bail he proposed, the magistrate Judge Brian Tsuchida in charge of the case believed that he did not pose a flight risk even if he lived in the United Arab Emir...]]></description>
            <content:encoded><![CDATA[<p>A document filed on Thursday said Binance founder Changpeng Zhao &quot;does not pose a flight risk&quot; and should be allowed to return to the United Arab Emirates for now. Zhao Changpeng&apos;s lawyer said that based on all relevant facts, including Zhao Changpeng&apos;s voluntary guilty plea, his willingness to solve the problem and the high bail he proposed, the magistrate Judge Brian Tsuchida in charge of the case believed that he did not pose a flight risk even if he lived in the United Arab Emirates. According to previous news, U.S. prosecutors required Zhao Changpeng to stay in the United States before the sentencing hearing on February 23, 2024, and prevented him from returning to the United Arab Emirates before sentencing.</p>]]></content:encoded>
            <author>unis-2@newsletter.paragraph.com (Unis)</author>
        </item>
        <item>
            <title><![CDATA[European regulator: Cryptoasset service providers should work on protocol interoperability and self-hosted wallets]]></title>
            <link>https://paragraph.com/@unis-2/european-regulator-cryptoasset-service-providers-should-work-on-protocol-interoperability-and-self-hosted-wallets</link>
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            <pubDate>Sat, 25 Nov 2023 03:07:53 GMT</pubDate>
            <description><![CDATA[Current European regulations are no longer adequate to manage AML/CFT standards compliance among cryptocurrency providers, the European Banking Authority (EBA), the EU’s banking regulator, said in a consultation paper today. The EBA proposes to merge the AML/CFT standards for payment service providers (PSPs) and cryptoasset service providers (CASPs). It also recommends requiring CASPs to "transmit information in a seamless and interoperable manner" by enhancing the interoperability of their p...]]></description>
            <content:encoded><![CDATA[<p>Current European regulations are no longer adequate to manage AML/CFT standards compliance among cryptocurrency providers, the European Banking Authority (EBA), the EU’s banking regulator, said in a consultation paper today. The EBA proposes to merge the AML/CFT standards for payment service providers (PSPs) and cryptoasset service providers (CASPs). It also recommends requiring CASPs to &quot;transmit information in a seamless and interoperable manner&quot; by enhancing the interoperability of their protocols. The EBA has asked interested parties to comment by 26 February 2024. Following consultation, the new guidance will come into effect on December 30, 2024.</p><p>Under the proposed new rules, CASPs would also be required to obtain and hold information about self-hosted addresses, ensure that transfers of crypto assets can be individually identified, and verify that the address is owned or controlled by a CASP customer. These requirements will be enforced when transfers from self-hosted accounts are above €1,000, although the EBA did not specify whether this will be monthly, daily or single.</p>]]></content:encoded>
            <author>unis-2@newsletter.paragraph.com (Unis)</author>
        </item>
        <item>
            <title><![CDATA[JPMorgan Chase: Once GBTC is converted into a Bitcoin spot ETF, at least $2.7 billion will flow out of the fund]]></title>
            <link>https://paragraph.com/@unis-2/jpmorgan-chase-once-gbtc-is-converted-into-a-bitcoin-spot-etf-at-least-2-7-billion-will-flow-out-of-the-fund</link>
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            <pubDate>Fri, 24 Nov 2023 01:15:50 GMT</pubDate>
            <description><![CDATA[JPMorgan analysts said GBTC could face at least $2.7 billion in outflows once it is converted into a Bitcoin spot ETF. Since the start of the year, traders have been piling into shares of GBTC, which trade at a discount to net asset value. This means that many GBTC traders will cash out after GBTC is converted into ETFs. JPMorgan analyst research shows that since the beginning of this year, GBTC has experienced cumulative net inflows of approximately US$2.5 billion. If you add in short coveri...]]></description>
            <content:encoded><![CDATA[<p>JPMorgan analysts said GBTC could face at least $2.7 billion in outflows once it is converted into a Bitcoin spot ETF. Since the start of the year, traders have been piling into shares of GBTC, which trade at a discount to net asset value. This means that many GBTC traders will cash out after GBTC is converted into ETFs. JPMorgan analyst research shows that since the beginning of this year, GBTC has experienced cumulative net inflows of approximately US$2.5 billion. If you add in short covering since the beginning of the year, the number would be closer to $2.7 billion. Analysts said that assuming market speculation that GBTC will become an ETF drove most of the buying, once the conversion is completed, buyers will take profits, resulting in capital outflows. JPMorgan analysts expect GBTC to see outflows of at least $2.7 billion after converting to an ETF. If GBTC’s current 2% handling fee is not significantly reduced after converting to ETF, fund outflows may “increase significantly.” The analyst added, “Once the U.S. SEC approves a Bitcoin spot ETF, we expect the average Bitcoin ETF fee to move closer to gold ETFs, which are currently around 0.05%.”</p>]]></content:encoded>
            <author>unis-2@newsletter.paragraph.com (Unis)</author>
        </item>
        <item>
            <title><![CDATA[Coinbase accuses SEC of stalling on new crypto rules, asks court for related order]]></title>
            <link>https://paragraph.com/@unis-2/coinbase-accuses-sec-of-stalling-on-new-crypto-rules-asks-court-for-related-order</link>
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            <pubDate>Thu, 23 Nov 2023 08:54:00 GMT</pubDate>
            <description><![CDATA[Coinbase argued in a letter to the U.S. Court of Appeals for the Third Circuit on Wednesday that the SEC has been delaying the exchange’s request for new rules for the crypto industry. Coinbase lawyer Eugene Scalia said in the letter that "only a court order will enable the SEC to take action." He argued that the SEC’s recent update to the court did not provide more information about its progress other than promising further action by December 15. Coinbase filed a petition last year asking th...]]></description>
            <content:encoded><![CDATA[<p>Coinbase argued in a letter to the U.S. Court of Appeals for the Third Circuit on Wednesday that the SEC has been delaying the exchange’s request for new rules for the crypto industry. Coinbase lawyer Eugene Scalia said in the letter that &quot;only a court order will enable the SEC to take action.&quot; He argued that the SEC’s recent update to the court did not provide more information about its progress other than promising further action by December 15. Coinbase filed a petition last year asking the SEC to draft new rules specifically targeting digital assets, and subsequently sued the SEC in April this year. The SEC said in June that it would take about four months to respond to Coinbase&apos;s request. Meanwhile, Coinbase told the court that the SEC’s latest lawsuit against Kraken showed that the regulator did not see the need for regulatory clarity.</p>]]></content:encoded>
            <author>unis-2@newsletter.paragraph.com (Unis)</author>
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        <item>
            <title><![CDATA[Forbes: Richard Teng is the favorite to be CEO of Binance]]></title>
            <link>https://paragraph.com/@unis-2/forbes-richard-teng-is-the-favorite-to-be-ceo-of-binance</link>
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            <pubDate>Wed, 22 Nov 2023 03:20:55 GMT</pubDate>
            <description><![CDATA[According to Forbes, once Changpeng Zhao resigns, Binance regional market head Richard Teng may take over as Binance CEO. Teng is currently Binance’s head of regional markets outside the United States, having previously led Binance’s operations in Europe and Asia. Prior to joining Binance, Richard Teng worked at the Bank of Singapore and Abu Dhabi Global Market. People familiar with the matter said that Teng is the main candidate for Binance CEO, but negotiations are still ongoing and the sit...]]></description>
            <content:encoded><![CDATA[<p>According to Forbes, once Changpeng Zhao resigns, Binance regional market head Richard Teng may take over as Binance CEO. Teng is currently Binance’s head of regional markets outside the United States, having previously led Binance’s operations in Europe and Asia. Prior to joining Binance, Richard Teng worked at the Bank of Singapore and Abu Dhabi Global Market. People familiar with the matter said that Teng is the main candidate for Binance CEO, but negotiations are still ongoing and the situation may change. In addition, Binance is also preparing to announce new board members to oversee corporate governance and will also submit a report to a U.S.-based third-party oversight agency. In June of this year, Bloomberg reported that Richard Teng might take over as CEO of Binance, but Binance responded that the news was speculation by Bloomberg.</p><p>According to Forbes, once Changpeng Zhao resigns, Binance regional market head Richard Teng may take over as Binance CEO. Teng is currently Binance’s head of regional markets outside the United States, having previously led Binance’s operations in Europe and Asia. Prior to joining Binance, Richard Teng worked at the Bank of Singapore and Abu Dhabi Global Market. People familiar with the matter said that Teng is the main candidate for Binance CEO, but negotiations are still ongoing and the situation may change. In addition, Binance is also preparing to announce new board members to oversee corporate governance and will also submit a report to a U.S.-based third-party oversight agency. In June of this year, Bloomberg reported that Richard Teng might take over as CEO of Binance, but Binance responded that the news was speculation by Bloomberg.</p>]]></content:encoded>
            <author>unis-2@newsletter.paragraph.com (Unis)</author>
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        <item>
            <title><![CDATA[Maker: Increasing Spark D3M’s debt limit to 800 million DAI and other protocol parameters will take effect tomorrow night]]></title>
            <link>https://paragraph.com/@unis-2/maker-increasing-spark-d3m-s-debt-limit-to-800-million-dai-and-other-protocol-parameters-will-take-effect-tomorrow-night</link>
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            <pubDate>Tue, 21 Nov 2023 02:42:30 GMT</pubDate>
            <description><![CDATA[Maker issued a statement stating that according to the recent Maker Governance executive vote, the following changes will take effect tomorrow (Tuesday, November 21) at 23:45 (Beijing time), the most important of which is to increase the maximum debt limit of Spark D3M from 400 million DAI Increased to 800 million DAI. Increased SparkLend Gnosis chain wstETH supply cap from 5,000 wstETH to 10,000 wstETH. Reduced SparkLend Ethereum Dai market loan-to-value (LTV) from 1bps to 0. Additionally, t...]]></description>
            <content:encoded><![CDATA[<p>Maker issued a statement stating that according to the recent Maker Governance executive vote, the following changes will take effect tomorrow (Tuesday, November 21) at 23:45 (Beijing time), the most important of which is to increase the maximum debt limit of Spark D3M from 400 million DAI Increased to 800 million DAI. Increased SparkLend Gnosis chain wstETH supply cap from 5,000 wstETH to 10,000 wstETH. Reduced SparkLend Ethereum Dai market loan-to-value (LTV) from 1bps to 0. Additionally, the SparkLend Ethereum rETH supply cap is increased from 60,000 rETH to 80,000 rETH. Increased SparkLend Ethereum wstETH supply cap from 400,000 wstETH to 800,000 wstETH.</p>]]></content:encoded>
            <author>unis-2@newsletter.paragraph.com (Unis)</author>
        </item>
        <item>
            <title><![CDATA[Kronos Research: Losses total approximately $26 million, all borne internally by the company]]></title>
            <link>https://paragraph.com/@unis-2/kronos-research-losses-total-approximately-26-million-all-borne-internally-by-the-company</link>
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            <pubDate>Mon, 20 Nov 2023 01:48:11 GMT</pubDate>
            <description><![CDATA[The encryption quantification company Kronos Research stated on the X platform that the loss of this attack was approximately US$26 million. Although the amount is quite large, all losses will be borne internally and no partners will be affected. We are prioritizing the use of our own resources to resume services for the exchanges and token projects that provide liquidity. Earlier news, encryption quantification company Kronos Research tweeted that some API keys had been accessed without auth...]]></description>
            <content:encoded><![CDATA[<p>The encryption quantification company Kronos Research stated on the X platform that the loss of this attack was approximately US$26 million. Although the amount is quite large, all losses will be borne internally and no partners will be affected. We are prioritizing the use of our own resources to resume services for the exchanges and token projects that provide liquidity.</p><p>Earlier news, encryption quantification company Kronos Research tweeted that some API keys had been accessed without authorization.</p>]]></content:encoded>
            <author>unis-2@newsletter.paragraph.com (Unis)</author>
        </item>
        <item>
            <title><![CDATA[
dYdX founder: YFI price plunge is a deliberate attack on dYdX]]></title>
            <link>https://paragraph.com/@unis-2/dydx-founder-yfi-price-plunge-is-a-deliberate-attack-on-dydx</link>
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            <pubDate>Sun, 19 Nov 2023 12:52:24 GMT</pubDate>
            <description><![CDATA[Antonio, the founder of dYdX, posted on Twitter that in the past few days, dYdX’s YFI open interest has soared from $800,000 to $67 million. Basically all of this was done by one person. He tried to attack the dYdX SUSHI market in a similar way two weeks ago, but was unsuccessful. YFI open interest is higher on dYdX than any other exchange. We did take action to increase YFI’s initial margin ratio before the price crashed, but were ultimately unsuccessful in fending off the attack. The attack...]]></description>
            <content:encoded><![CDATA[<p>Antonio, the founder of dYdX, posted on Twitter that in the past few days, dYdX’s YFI open interest has soared from $800,000 to $67 million. Basically all of this was done by one person. He tried to attack the dYdX SUSHI market in a similar way two weeks ago, but was unsuccessful. YFI open interest is higher on dYdX than any other exchange. We did take action to increase YFI’s initial margin ratio before the price crashed, but were ultimately unsuccessful in fending off the attack. The attacker withdrew a large amount of USDC from dYdX before the price collapsed. The price collapse of YFI on the spot market appears to be a deliberate attack on large open interest on dYdX, and we are still communicating with centralized exchanges. This information strongly leads me to believe that this is a market manipulation by a well-funded attacker to deplete dYdX’s insurance pool. We will disclose and share all relevant information with law enforcement agencies.</p><p>In addition, Antonio announced a series of updates about dYdX, including: 1. Market updates will become easier, making the market more liquid; 2. Maintenance margin will be updateable (not in v3); 3. Maintenance margin Will vary with position size (not available in v3); 4. The liquidation engine will be redesigned; 5. If the account has any negative equity, withdrawal requests will not be accepted (until the relevant position is liquidated).</p>]]></content:encoded>
            <author>unis-2@newsletter.paragraph.com (Unis)</author>
        </item>
        <item>
            <title><![CDATA[UniSat Wallet announces launch of developer services]]></title>
            <link>https://paragraph.com/@unis-2/unisat-wallet-announces-launch-of-developer-services</link>
            <guid>bUlvB0kqEQ85ZcXXnV82</guid>
            <pubDate>Sat, 18 Nov 2023 02:11:36 GMT</pubDate>
            <description><![CDATA[UniSat Wallet stated on the X platform that it has launched a Developer Service (Developer Service), including almost all its features that will be launched in 2023. Developers can now actually use it to rebuild a brand new UniSat from scratch. UniSat Wallet also stated that by leveraging the service, users can now easily build: automated trading bots, block explorers with deep understanding of Ordinals and BRC-20, a peer-to-peer Ordinals and BRC-20 market based on PSBT, with built-in Ordinal...]]></description>
            <content:encoded><![CDATA[<p>UniSat Wallet stated on the X platform that it has launched a Developer Service (Developer Service), including almost all its features that will be launched in 2023. Developers can now actually use it to rebuild a brand new UniSat from scratch. UniSat Wallet also stated that by leveraging the service, users can now easily build: automated trading bots, block explorers with deep understanding of Ordinals and BRC-20, a peer-to-peer Ordinals and BRC-20 market based on PSBT, with built-in Ordinals and BRC -20 engraved services for games or applications, etc.</p>]]></content:encoded>
            <author>unis-2@newsletter.paragraph.com (Unis)</author>
        </item>
        <item>
            <title><![CDATA[
Aave rebrands as Avara, acquires Web3 startup Los Feliz Engineering]]></title>
            <link>https://paragraph.com/@unis-2/aave-rebrands-as-avara-acquires-web3-startup-los-feliz-engineering</link>
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            <pubDate>Fri, 17 Nov 2023 09:59:53 GMT</pubDate>
            <description><![CDATA[Blockchain technology company Aave Companies has changed its name to Avara. Avara will become the parent company of Aave, Lens, stablecoin GHO, Sonar and other brands. At the same time, Avara also acquired Los Feliz Engineering, a Los Angeles-based Web3 software development startup, whose entire engineering team will join Avara. This is also Avara’s second acquisition after acquiring the metaverse mobile application Sonar in December 2022.]]></description>
            <content:encoded><![CDATA[<p>Blockchain technology company Aave Companies has changed its name to Avara. Avara will become the parent company of Aave, Lens, stablecoin GHO, Sonar and other brands. At the same time, Avara also acquired Los Feliz Engineering, a Los Angeles-based Web3 software development startup, whose entire engineering team will join Avara. This is also Avara’s second acquisition after acquiring the metaverse mobile application Sonar in December 2022.</p>]]></content:encoded>
            <author>unis-2@newsletter.paragraph.com (Unis)</author>
        </item>
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