Avalanche completes repurchase of 1.97M AVAX tokens from LFG

Avalanche has repurchased 1. 97M AVAX tokens from the defunct Luna Foundation Guard. The buyback, valued at $53M, strengthens Avalanche’s ecosystem and long-term goals. AVAX price has surged 4.

Why Are Meme Coins Defying Market Correction Ahead of US Elections

Major reasons for sustaining most tokens are improved community participation, cycle gains from most traders, and the general election sentiment.

SingularityDAO community approves merger with SelfKey and Cogito Finance

SingularityDAO merges with SelfKey and Cogito to form Singularity Finance. 94. 7% of SDAO holders approved the merger, awaiting KEY holders’ final vote. Singularity Finance to focus on AI, RWA tokenization, and on-chain identity.

Crypto.com expands into US equities market with acquisition of Watchdog Capital

Crypto. com acquires Watchdog Capital to enter the U. S. equities market. The acquisition enables the trading of stocks and options alongside crypto services. CEO Kris Marszalek promises a full range of services by year-end for investors.

Bangkok to host Open AGI Summit and DevCon Conference to promote ethical AI development

Bangkok will host the Open AGI Summit on November 13 alongside DevCon 2024. The summit focuses on ethical AI development through decentralized governance models. Prominent speakers include Pramod Viswanath and Sandeep Nailwal from leading firms.

MrBeast faces allegations of crypto insider trading

MrBeast allegedly made $23 million from insider trading in crypto projects. He reportedly used 50 wallets to promote and dump tokens, misleading investors. Evidence includes a publicly shared Ethereum address linked to $13 million in trades.

Bitrue gets Virtual Asset Service Provider approval in Lithuania

Bitrue has received VASP approval in Lithuania to offer crypto exchange services. The company aims for EU expansion by pursuing the Markets in Crypto-Assets license. Lithuania plans regulatory changes to reduce the presence of crypto firms in the country.