Crypto Morning News: Trump may meet with crypto industry representatives; AVAX, ROSE, ADA and other tokens face large-scale unlocks this week
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Crypto Morning News: Trump may meet with crypto industry representatives; AVAX, ROSE, ADA and other tokens face large-scale unlocks this week
Polish presidential candidate Sławomir Mentzen has pledged to adopt a strategic Bitcoin reserve if elected.
Navigating Web3 tides with focused insightsAuthor: TechFlow
Yesterday's Market Highlights
Trump may meet with crypto industry representatives to discuss shaping U.S. crypto policy
According to CryptoPotato, Ripple CEO Brad Garlinghouse recently appeared on Fox News, discussing his thoughts following Trump’s victory in the 24th U.S. presidential election. He also responded to reports suggesting that he and other cryptocurrency industry figures might meet with Trump to participate in formulating U.S. crypto policy.
Fox News asked Garlinghouse about the possibility of Trump meeting with crypto industry representatives. While not confirming directly, his response carried implications. Garlinghouse stated: “I won’t comment too much on specifics here, but throughout this election cycle, we’ve actively supported cryptocurrency and innovation, and will continue working with more favorable government officials to move past current regulatory challenges through engagement.”
ETHGlobal Bangkok Hackathon reveals 10 finalist projects spanning crypto gaming and AI agents
The ETHGlobal hackathon in Bangkok, Thailand, attracted 713 projects and offered a record-breaking total prize pool of $750,000. After judging, 10 projects advanced to the finals, covering trending areas such as AI agents, DAO tools, and crypto games. Gaming projects stood out, securing four of the ten finalist spots. Metaloot focuses on connecting games to the Flow blockchain; LootGO enables "move-to-earn" memecoin hunting; BubbleWars is an Ethereum-based Telegram referral game; and Dark Factory combines exploration from “Dark Forest” with automation inspired by “Factorio.”
DAO tools also drew significant attention. MiniDAO integrates wallets within Telegram for collective member control; DAOGene uses AI agents to automate governance execution post-voting; Industry.ai leverages four AI agents to collaboratively execute complex blockchain operations. Additionally, Zubernetes employs zero-knowledge proofs to secure distributed workloads, ETHPark-QR solves parking payments for users without local bank accounts, and Cat in a Box offers a platform for private data sharing and decentralized scientific experiments.
ETHGlobal announced its next hackathon will take place in Taipei in April 2025.
DEXX: Pursuing legal action to flag hacker wallet addresses and seeking assistance from Solana Foundation
DEXX posted on X stating that the team has made internal progress regarding the recent asset theft incident and is now pursuing judicial measures to flag hacker wallet addresses.
DEXX said it is actively flagging the hacker’s addresses and requesting help from the Solana Foundation. Once flagged, the hacker will be unable to deposit funds into exchanges or convert stolen assets into fiat. DEXX emphasized it is using all available means to track the stolen funds and currently lacks the capacity to individually respond to media or KOL inquiries. The team is collaborating with multiple security firms and has filed reports with law enforcement in various jurisdictions.
AVAX, ROSE, ADA, and other tokens face major unlocks this week, with AVAX unlocking ~$61.3M worth
Data from Token Unlocks shows that AVAX, ROSE, ADA, and other tokens will undergo significant token unlocks this week:
Avalanche (AVAX): ~1.67 million tokens to unlock at 8:00 AM Beijing time on November 18, representing 0.41% of current circulating supply, valued at approximately $61.3 million;
Oasis (ROSE): ~176 million tokens to unlock at midnight Beijing time on November 19, representing 2.62% of current supply, valued at ~$14.6 million;
Cardano (ADA): ~18.53 million tokens to unlock at 8:00 AM Beijing time on November 21, representing 0.05% of current supply, valued at ~$13.4 million;
Pixels (PIXEL): ~54.37 million tokens to unlock at 6:00 PM Beijing time on November 19, representing 7.05% of current supply, valued at ~$11.4 million;
SPACE ID (ID): ~18.49 million tokens to unlock at 8:00 AM Beijing time on November 22, representing 4.29% of current supply, valued at ~$8.3 million;
Ethena (ENA): ~12.86 million tokens to unlock at 8:00 AM Beijing time on November 21, representing 0.45% of current supply, valued at ~$7.4 million;
Eigenlayer (EIGEN): ~1.29 million tokens to unlock at 3:00 AM Beijing time on November 20, representing 0.69% of current supply, valued at ~$3.2 million.
Monad Madness Bangkok announces final winners, with 6 projects sharing $475K in prizes
Monad Madness Bangkok has announced its final winners, with six projects receiving a total of $475,000 in rewards: Dusted, Pulse, Mozi, RareBetSports, Kizzy, and Sparkball.
The top three winners are:
1st Place @RareBetSports: Aims to build a cultural ecosystem for on-chain sports betting, powered by RareLink and user-friendly dApps, supported by the RBS oracle;
2nd Place @kizzymobile: Pioneers social media betting, allowing users to bet on creators and influencers across major social platforms—all within one app;
3rd Place @playSparkball: Developed a fast-paced 4v4 “sports combat” game where players choose from a roster of unique, adorable heroes, balancing scoring goals with fighting mechanics.
He Yi: Telegram account maliciously reported and suspended—beware of impersonation scams
Binance co-founder He Yi announced on X that her Telegram account @heyibinance was maliciously reported and suspended. She warned that anyone claiming to be Yi on Telegram is engaging in fraud.
Polish presidential candidate: If elected, will adopt strategic Bitcoin reserves
According to Bitcoin Magazine, Polish presidential candidate Sławomir Mentzen pledged that if elected, he would establish strategic Bitcoin reserves for the country.
Market Overview
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Monthly 'Options Storm': Why Do Crypto Stocks Always Swing Wildly Mid-Month?
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AI + DAO New Frontier: When Bot KOLs Start Managing Million-Dollar Portfolios
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