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Binance hack launderers use memecoins to move $430K, Elliptic says

North Korea-linked launderers have created throwaway memecoins to move roughly $430,000 from the $6.4 billion Binance hack through decentralized exchange pools, according to Elliptic. Elliptic, in a Nov. 9 report by Tom Robinson, said the operators minted FUK, OLCCL, MEILI,…

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China unifies blockchain and AI filings as two old systems close

China has launched a unified national filing platform for blockchain, generative artificial intelligence, algorithms, and deep synthesis services, bringing four technology categories into one system as two older portals close. The Cyberspace Administration of China said in its Nov. 9…

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Telegram sees 700,000 new crypto wallets in 48 hours, Durov says

Telegram has recorded more than 700,000 new self-custodial cryptocurrency wallets over the past 48 hours, according to founder Pavel Durov, as the messaging platform continues expanding access to its native Gram Wallet. In a November 9 post on X, Durov…

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NYSE selects Avalanche to power settlement for tokenized stock platform

Avalanche has been selected to provide the core blockchain ledger technology for the clearing firm supporting the New York Stock Exchange’s upcoming tokenized securities trading platform. Ava Labs announced on November 9 that its blockchain infrastructure will support the NYSE-affiliated…

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Ethereum whales buy millions in ETH as price falls below $2,200

Large Ethereum whales have purchased millions of dollars worth of ETH over the past several days, with several wallets continuing to accumulate the cryptocurrency despite its recent price decline and heavy selling across the market. According to on-chain analytics platform…