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Akash Network’s AKT goes live on Solana as Cosmos migration begins

Akash Network’s native AKT token has gone live on Solana through Sunrise, giving holders access to the blockchain’s decentralized finance ecosystem as the project begins its planned migration away from Cosmos. In a November 12 announcement, Solana confirmed that AKT…

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Injective Veyra upgrade heads to governance vote ahead of November 24 launch

Injective has opened governance voting on its Veyra mainnet upgrade, a major network update scheduled for November 24 that would introduce new infrastructure for institutional real-world assets, cross-chain trading, and future privacy features. According to the governance proposal, submitted on…

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Gemini reportedly sells UK and EU units to KAST for under $10M

Gemini has reportedly sold its UK and European operations to stablecoin payments company KAST for less than $10 million, following its decision to leave those markets earlier this year. CoinDesk reported on Nov. 12 that Gemini Space Station, the company…

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Kalshi ends Trump Jr. advisory deal over Polymarket investment

Kalshi has ended Donald Trump Jr.’s advisory contract after his venture capital firm, 1789 Capital, deepened its investment in rival prediction market Polymarket. Reuters reported on Nov. 12 that a Kalshi spokesperson attributed the departure to 1789 Capital’s investment in…

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Thailand proposes 5M baht daily stablecoin transfer limits

Thailand’s securities regulator has proposed separate daily caps of 5 million baht on stablecoin deposits and withdrawals per customer at each regulated crypto operator, alongside checks requiring transfers to involve customers’ own verified wallets. Thailand’s Securities and Exchange Commission said…

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XRP Ledger’s free Ankr nodes top 1.7M daily developer requests

The XRP Ledger Foundation has reported more than 1.7 million daily developer requests through its free Ankr-powered nodes, sharing a usage update on Nov. 12 for infrastructure launched in August. The XRP Ledger Foundation said in its announcement that it…

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Nvidia DOJ scrutiny spans antitrust and chip-export inquiries

Nvidia has faced fresh scrutiny from the U.S. Justice Department, with a report identifying an antitrust investigation into the chipmaker and two separate inquiries involving Megaspeed and Supermicro following Jensen Huang’s resignation. Semafor reported on Nov. 12, citing two administration…

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Binance says $6.3B hack losses covered, new reserve proof pending

Binance has announced that it has fully covered user assets affected by its $6.3 billion October hack and published a new Proof of Reserves snapshot, with the accompanying zero-knowledge proof still to come. Binance said in its Nov. 12 announcement…

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Ethereum price slips below $2,000 as traders debate a rebound

Ethereum price has slipped below $2,000 before recovering to around $2,014 on Nov. 12, leaving traders divided over whether a closely watched support zone can hold as US spot Ether ETFs continue losing money. Ethereum’s $2,000 support faces renewed pressure…