On November 29, Hyperliquid unveiled its native token, HYPE, during a token generation event. The coin has since reached a market cap of $1.6 billion, securing 80th place in the global rankings and outpacing tokens like Jupiter, Lido DAO, and Flow.
Devcon, an event organized by the Ethereum Foundation, kicked off today, November 12, in Bangkok.
Hyper Foundation announced the upcoming airdrop of HYPE, a native token for the Hyperliquid blockchain ecosystem. Eligible users will receive the tokens in their wallets at the Genesis Event, with the final date to review and accept the event’s terms set on November 11, 2024.
Advanced Micro Devices (AMD), one of the main competitors of NVIDIA, debuted its new AI chip, the Instinct MI325X. During the Advancing AI 2024 event, the company announced that the chip will be in production in the second half of 2025.
On October 9, 2024, the Optimism L2 blockchain team announced their 5th airdrop. As part of this event, 10.2 million OP tokens (roughly $16 million at current prices) will be distributed to 54,000 users.
Zhang Moumou, the mastermind behind a $14 billion crypto pyramid scheme, has been extradited from Thailand to China. This event marks the first successful extradition of an economic crime suspect between the two countries since the two countries signed the extradition treaty in 1999.
The smart contract-based betting platform Polymarket, which facilitates cryptocurrency bets on any event, witnessed a 75% decline in TVL after November 5, coinciding with the end of the U.S. presidential election.
L2 blockchain Scroll, which leverages zk-rollup technology, has revealed the specifics of its upcoming SCR token airdrop. The airdrop will take place alongside the Token Generation Event (TGE), scheduled for October 22, 2024.
At the Adobe MAX event on October 14, Adobe (San Jose, California) unveiled an expansion to its Firefly AI tool suite.
At the “We, Robots” event on October 10 at Warner Brothers Studio in Burbank, California, Elon Musk unveiled the Tesla Robotaxi. This autonomous electric vehicle, modeled after the futuristic Cybertruck, is called the Cybercab.
On October 9, 2024, SEC Chairman Gary Gensler spoke at an event at the New York University School of Law in Manhattan. Once again, he took the opportunity to lay out the familiar crypto concerns that the SEC, under his leadership, has been raising for years.
The decentralized exchange dYdX is set to list perpetual futures on prediction markets. This new offering will allow users to place leveraged bets on event outcomes. This move is expected to attract investors who currently rely on centralized platforms.
The Attackathon aims to be the first crowdsourced security audit to identify vulnerabilities in Ethereum’s protocol code. This event will be conducted in collaboration with the security firm Immunefi.
The US Federal Reserve has concluded its annual stress test, evaluating 31 banks to ensure they can withstand minimum capital requirements in the event of a hypothetical recession.
