1. The developer Virgil Griffith, who worked at the Ethereum Foundation, was arrested due to suspicions of dissemination his skills at a North Korean conference.
Griffith was arrested at the Los Angeles airport on November 29. It is assumed that he explained to the people of North Korea how to get around sanctions by using blockchain technology.
According to the prosecutor’s statement, the developer violated the law «On economic powers in the event of emergencies caused by an external threat». A trial will be held on Friday.
2. According to preliminary information, Kelly Loeffler, the head of the Bitcoin futures platform Bakkt, was chosen by the Governor of Georgia Brian Kemp, as the representative in the US Senate before the special elections, which will be held a year later.
Next week, Loffler will receive a proposal to replace Senator Johnny Isakson, who wants to leave for health reasons.
3. Cryptocurrency company of Mike Novogratz «Galaxy Digital» reported losses for the third quarter of this year, which amounted to $ 68.2 million. At the same time, the total result for the current year is all exactly more than the profit for the previous similar period. For the first three quarters, the company received net income of $ 58.4 million.
The loss in the third quarter was largely due to the over-the-counter division of Galaxy Digital, which went negative by $ 43.3 million. At the same time, the trading division reported an increase in the influx of new customers. The figure is 47% higher compared to the same period last year.
4. A class action lawsuit was filed against the Russian businessman Valery Korotkov in the High Court of London for failure to comply with the terms of the agreement on the acquisition of Gram tokens.
The plaintiffs claim that they transferred $ 15 million to Aluxes Holding of Valery Korotkov to acquire the rights to receive Gram tokens. However, it later became clear that the entrepreneur is not going to fulfill the terms of the agreement. He told investors that he was not interested in buying Gram, and Aluxes Holding would just act as an investment fund. According to the plaintiffs, Korotkov decided to appropriate the tokens for himself.
The amount of the claim is $ 159 million – that is how much money the plaintiffs wanted to get from their investments after the launch of the Telegram Open Network.
5. The Moscow branch of the Singapore Huobi Exchange has added the ability to replenish the deposit by using Russian rubles.
It is possible to use a bank transfer to deposit funds.
In addition, it became known that Huobi Russia will open its own platform for conducting initial public offerings (IEO), which was called Huobi Russia Origin.
It is assumed, that this decision will interest Russian startups. However, IEO projects at Huobi Russia Origin will not be available at Huobi Prime. Accordingly, only Russian users will be able to take part in the campaign.
6. Binance has announced the launch of a new perpetual contract on its Binance Futures platform, which will be based on Ethereum. Moreover, leverage is provided from 1 to 50x.
It should be reminded, that these contracts were already tested last week in the Binance Futures test network.
Currently, users of Binance Futures also have access to Bitcoin futures contracts with leverage up to 125x.
7. The CEO of the IDAX exchange disappeared along with the private keys to cold wallets. The company’s representatives announced this on November 29 in «the urgent notice».
According to sources, the current location of the exchange is in Shanghai, although it is indicated as Mongolia On Twitter .
The Block analyst Larry Chermak suggested that IDAX’s CEO could be arrested by law enforcement.
Other versions suggest that he simply hid and appropriated the cryptocurrency assets of users to himself.
8. The Bank of Russia together with Rosfinmonitoring are preparing a proposal to ban cryptocurrency payments.
According to the source, cryptocurrencies are not a legal means of payment in the Russian Federation, however, there is also no ban on using them as an instrument to pay for goods and services. At the moment, it is not known what punishment will be applied to potential violators.
9. Juniper Research conducted a new research in the field of supply, and found out that the use of blockchain technology will help prevent food counterfeiting and save up to $ 31 billion in this industry over 5 years.
According to the researchers, it is worth using a blockchain to track the supply chains of products from the manufacturer to the consumer. This will help to avoid fakes in this industry. Distributed registry technology, together with IoT devices, will significantly reduce the cost of retail chains in supply chains.
10. According to CEO of Twitter Jack Dorsey, the future of the cryptocurrency industry is heavily dependent on Africa.
He believes that the development and adoption of cryptocurrencies is well under way in the US and Europe, however, it is Africa should become the head of the industry. He came to this conclusion after his tour of Nigeria and Ghana. Dorsey claims that the African continent is developing rapidly, but it is still very poor, so he must accept Bitcoin and other cryptocurrencies.