In case you missed out: top crypto and Web3 news for November 29 in brief

Published by
Tanja Nechet

The FTX’s fall has set in motion a series of events that we don’t know when it will end. Certainly not this year. But the life of the crypto world does not end at this event. Everything continues to improve and soon the circles on the water will stop appearing. What new and interesting happened during the day — let’s see in our traditional roundup.

The armless took the dagger and ran after the legless

This is laughter through tears. The battle of the bankrupts! Cryptocurrency lender BlockFi, which filed for bankruptcy protection on Monday, also wants to sue FTX founder Sam Bankman-Fried’s Emergent Fidelity Technologies for shares of Robinhood (HOOD) pledged to BlockFi. This was reported by the Financial Times.

On Nov. 9, BlockFi and Emergent Fidelity Technologies entered into a payment guarantee agreement with a certain borrower, pledging the stock as collateral. The FT reported that the borrower was Alameda Research.

FakeDrops

PeckShield has discovered more than 2,000 fraudulent airdrop addresses. These addresses profit from using identical first/last few digits of the user’s addresses and passing them 0 USDT to trick them into falsely transferring cryptocurrencies to scam addresses.

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Meet the first national token

Huobi, in cooperation with the Tron Network and DMC Labs, with permission from the Commonwealth Government of Dominica, announced the launch of the world’s first national token DMC (Dominica Coin). Both the Dominica DID and DMC were initially released on the Tron network. Later support for interworking with Ethereum, BSC, and other public chains via the BitTorrent Chain protocol will appear. 

The Phantom got to Ethereum and Polygon

The largest cryptocurrency wallet on Solana has announced its upcoming expansion. Phantom will support Ethereum and Polygon. No need to switch anything to gain access.

Tanja Nechet

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