Key Notes Federal cloud infrastructure expansion positions AWS as dominant provider for government AI processing and research applications. Cryptocurrency markets respond positively with AI tokens gaining collective value amid growing institutional adoption signals. NEAR Protocol leads sector performance while selective profit-taking affects established tokens like Bittensor despite bullish trends. AI-linked cryptocurrencies surged on Nov. 24 as Amazon confirmed a landmark plan to invest up to $50 billion in new AI and supercomputing infrastructure for US federal agencies. The initiative will deploy nearly 1.3 gigawatts of high-performance computing capacity across AWS…
Category: Reviews
Berachain’s $25M Refund Deal With Brevan Howard Hinges on Unverified Deposit
Key Notes Nova Digital secured exceptional refund terms allowing it to reclaim funds within 12 months of token launch at $3 per token price. Four crypto lawyers confirmed post-launch refund provisions are highly unusual in token deals, raising fairness questions. Other investors in the same $100 million funding round were reportedly unaware of Nova’s preferential agreement terms. Leaked legal documents show blockchain project Berachain granted hedge fund Brevan Howard’s Nova Digital a refund right on its $25 million investment, but whether the clause is currently active depends on a $5…
Enlivex Unveils $212M Rain Token DAT Strategy as RAIN Surges Over 120%
Key Notes The biotech firm’s treasury pivot sparked RAIN token to surge over 120% to new all-time highs within a day of the announcement. Enlivex shares jumped 18% following the disclosure of the $212 million PIPE financing deal priced at $1.00 per ordinary share. Rain Protocol enables decentralized prediction markets on Arbitrum, competing in the growing space alongside Polymarket and Kalshi. Nasdaq-listed Enlivex Therapeutics has unveiled plans to raise about $212 million in a private placement to build a Rain token-focused digital asset treasury, positioning the project as the first…
ENS Npm Packages Compromised in Supply Chain Cyberattack Affecting 400 Libraries
Key Notes Malicious code injected into @ensdomains packages between Nov. 21-23 targeted developer credentials across GitHub, npm and cloud services. The attack spread through compromised maintainer accounts, automatically executing during standard installation commands. Affected packages include gate-evm-check-code2, create-hardhat3-app, ethereum-ens, and over 40 @ensdomains scope libraries. Ethereum Name Service ENS $11.64 24h volatility: 4.2% Market cap: $440.20 M Vol. 24h: $72.18 M software packages were compromised in a supply chain cyberattack affecting over 400 code libraries on npm, a platform where developers share and download software tools. ENS Labs said user…
Dogecoin Traders “Sell the News” as Elon Musk’s AI Updates Send Tesla Shares to $1.2 Trillion
Key Notes DOGE open interest dropped 1.5% to $1.43 billion as traders closed $20 million in futures positions following Musk’s announcement. The long-short ratio declined to 0.98, indicating new futures contracts are predominantly bearish bets against the memecoin. Technical indicators show DOGE trapped below three key moving averages with MACD signaling persistent downside momentum despite mild RSI recovery. Dogecoin DOGE $0.15 24h volatility: 4.0% Market cap: $23.16 B Vol. 24h: $1.82 B price remained muted below $0.15 on Nov. 24, breaking its historical tendency to rally during bullish announcements from…
Zcash Price Prediction: Crypto Analyst Says ZEC Could 20x from Current Prices – Is Smart Money Choosing Privacy Coins?
Meanwhile, Zcash (ZEC) offers a flexible model in which users can choose between shielded or unshielded transactions. Neuner argues that the latest US administration has shifted from a hostile stance toward privacy coins to one that recognizes privacy as a fundamental right. He said that even a fraction of Bitcoin’s market share could drive Zcash to much higher valuations. ZEC Price Analysis: A Bullish Inflection Point? ZEC is trading around $540 level while repeatedly testing a long-standing support. A confirmed breakout above this region would be the first clear indication…
Monad Price Down 15% in First Hours of Mainnet Launch, Listings
Key Notes MON launched with 10% of 100B supply unlocked, falling to $0.024 from $0.032-0.034 pre-market range. Coinbase’s $187.5M launchpad ICO and Paradigm’s $225M private round show modest early returns at current valuation. Analysts highlight supply pressure from airdrops and shorts, though the EVM-compatible L1 blockchain targets 10,000 TPS performance. Monad mainnet launched on November 24, together with MON’s token generation event (TGE), unlocking and distributing approximately 10% of a 100 billion supply. As forecasted by many analysts, the Monad price is down in the first few hours of the…
Trump Family Takes $1B Hit in Crypto Crash, Loses Spot in Bloomberg 500 Billionaire Index
Key Notes Trump Media lost over $800M on its $2B Bitcoin investment purchased at an average price of $115,000. The family’s WLFI token dropped from $0.26 to $0.15, cutting their initial $6B stake by more than half. Despite falling from Bloomberg’s top 500 billionaires list, the Trump family maintains a bullish stance on cryptocurrency. US President Donald Trump‘s family fortune has declined by approximately one billion dollars in the past two months as the cryptocurrency market has experienced a rapid downturn. Sweeping destabilization throughout the financial markets has been brewing…
Revolut Achieves $75 Billion Valuation After Major Share Sale
Key Notes The fintech giant secured backing from Coatue, Greenoaks, Dragoneer, Fidelity, a16z, and NVIDIA’s NVentures in its latest round. Revenue surged 72% to $4 billion in 2024 while profit before tax jumped 149% to $1.4 billion year-over-year. The company targets 100 million customers across 100 countries following recent banking licenses in Mexico, Colombia, and India. Revolut completed a significant fundraising round, valuing it at $75 billion as it advances its strategy to become a global digital bank. Revolut’s latest fundraising round, involving a large secondary share sale, has positioned…
Grayscale’s XRP ETF Hits NYSE
Key Notes Grayscale waives the standard 0.35% management fee for three months, or until the fund reaches $1 billion in assets. The fund holds approximately 6 million XRP tokens valued at $11.67 million, with Coinbase providing secure storage. Franklin Templeton launched its competing XRP fund on the same day with the lowest fee in the market at 0.19%. Grayscale Investments launched its XRP Trust ETF on NYSE Arca on Nov. 24, joining three other funds that let investors buy XRP XRP $2.11 24h volatility: 1.9% Market cap: $127.43 B Vol.…