24-Hour Hot Cryptocurrencies and News | Brazil's Central Bank Releases Crypto Regulatory Rules; Argentine Court Freezes Assets Related to LIBRA (November 12)

1. Popular cryptocurrencies on CEXs

Top 10 CEX trading volumes and their 24-hour price changes:

1. BNB -3.23%
2. BTC -2.60%
3. ETH -3.88%
4. ALLO +118.91%
5. SOL -7.16%
6. XRP -5.11%
7. DOGE -5.11%
8. XNO +24.80%
9. UNI -12.10%
10. ZEC -15.23%

24-hour gainers list (data source: OKX):

1. ALLO +93.80%
2. LSK +52.06%
3. OMI +31.88%
4. RESOLV +17.59%
5. SWEAT +12.53%
6. MET +8.72%
7. VELODROME +7.91%
8. MERL +6.89%
9. CVC +6.56%
10. PROMPT +5.49%

24-hour cryptocurrency stock gainers list (data source: msx.com ):

1. eToro Group Ltd. Class A Common Shares - MSX +10.2%
2. Intchains Group Limited American Depositary Shares - MSX +8.74%
3. Novo-Nordisk A/S - MSX +8.14%
4. XPeng Inc. American depositary shares, each representing two Class A ordinary shares - MSX +8.03%
5. ProShares UltraShort Ether ETF - MSX +7.99%
6. GraniteShares ETF Trust GraniteShares 2x Short COIN Daily ETF - MSX +7.56%
7. BigBear.ai Holdings, Inc. - MSX +7.01%
8. Moderna, Inc. Common Stock - MSX +6.54%
9. T-Rex 2X Inverse MSTR Daily Target ETF - MSX +6.25%
10. ProShares UltraShort Bitcoin ETF - MSX +6.12%

2. Top 5 trending on-chain memes (data source: GMGN ):

• JACKJACK
• BEL
• Benji
• OREX

Headlines

Brazil's central bank releases cryptocurrency regulatory rules, setting a maximum capital threshold of $7 million.

The Central Bank of Brazil has officially announced a regulatory framework for the cryptocurrency industry, requiring all Virtual Asset Service Providers (VASPs) to obtain a license from the central bank and hold at least 10.8 million to 37.2 million reais (approximately US$2 million to US$7 million) in capital, depending on the type of business. The new regulations bring cryptocurrency activities under the supervision of the foreign exchange and capital markets, requiring companies to regularly report cross-border transaction data and imposing restrictions on transactions involving stablecoins, self-custodied wallets, and cryptocurrency-to-fiat currencies.

An Argentine court has frozen assets related to LIBRA, the Meme cryptocurrency backed by President Milei, with the amount involved exceeding $100 million.

Argentine Judge Marcelo Giorgi has ordered the freezing of assets related to the Meme cryptocurrency LIBRA scandal, which is backed by President Milei, and has imposed an indefinite asset freeze on the property and financial accounts of Hayden Davis and two cryptocurrency practitioners—Argentine Orlando Mellino and Colombian Favio Rodriguez. Federal Prosecutor Eduardo Taino filed the application, supported by a technical report from the Financial Investigation and Illegal Asset Recovery Agency. The report indicated abnormal transactions in the three individuals' cryptocurrency wallets, with potential investor losses ranging from $100 million to $120 million. The court deemed the case met the criteria of "reasonable suspicion and potential risk," granting the freeze order and requiring the National Securities Commission to extend the measures to all related platforms within the country. Furthermore, the investigation found that 42 minutes after Milei posted a tweet featuring a photo of himself with Davis, Davis transferred $507,500 through Bitget; prosecutors are investigating whether this constitutes indirect bribery.

Bloomberg analysts: Canary has submitted an 8A application for an XRP ETF, expected to list this week.

Eric Balchunas, a senior ETF analyst at Bloomberg, wrote on the X platform that Canary has submitted an 8A application for its XRP ETF, which is expected to list tomorrow or Thursday, with Thursday being the most likely date. However, when they submitted their 8A application for HBAR, it went live the following day. While nothing is finalized yet, everything seems to be proceeding according to plan.

Industry News

Polymarket reports a 95% probability that the US government will reopen before the end of this week.

According to Polymarket forecasting data, there is a 95% chance that the U.S. government will reopen before the end of this week.

Standard Chartered Bank, in partnership with DCS, launched the DeCard stablecoin credit card, first in Singapore.

Standard Chartered Bank announced a partnership with Singapore-based card issuer DCS Card Centre, becoming its principal banking partner for DeCard, a stablecoin credit card product. This card allows users to make direct stablecoin payments for everyday purchases, with Standard Chartered handling transaction settlement and reconciliation. DeCard will initially launch in Singapore, with plans to expand to other major markets in the future. Standard Chartered will provide virtual account and API services for the product, enabling instant transaction identification and clearing, thereby promoting the integration of stablecoin assets with traditional payment systems.

Project News

SoFi re-enters the crypto market, offering trading in Bitcoin, Ethereum, and other cryptocurrencies.

Publicly listed financial services company SoFi has launched SoFi Crypto, allowing users to trade Bitcoin, Ethereum, Solana, and other crypto assets, while also accessing the company's other banking services. This launch marks the company's first return to the cryptocurrency space since 2023, after it discontinued its cryptocurrency service following "careful consideration."

Coinbase cancels $2 billion acquisition of stablecoin startup BVNK

Coinbase has abandoned its plans to acquire UK-based stablecoin infrastructure company BVNK, ending previously progressing negotiations for a potential $2 billion takeover. A Coinbase spokesperson stated, "After discussing the possibility of acquiring BVNK, both parties agreed not to pursue the matter further."

Bubblemaps: 60% of the airdrops from the aPriori project were claimed by the same entity through 14,000 addresses.

Bubblemaps disclosed in an article on its X platform that the liquidity staking platform aPriori had previously raised approximately $30 million, but 60% of the airdrop was claimed by the same entity through 14,000 addresses. It is currently unclear who is behind this and how these wallets were verified. Bubblemaps claims to have contacted the aPriori team but has not received a response.

c402.markets: A PING error caused a system outage; the platform's official launch will be delayed by several days.

c402.markets issued an apology letter stating that when creating the PING token on Base, they mistakenly used the x402 protocol to open minting. Because participation only required $1, it unexpectedly triggered a community frenzy, causing server overload and rapid sell-out. The team stated that PING's sudden popularity was not an expected outcome, but the widespread attention it garnered unexpectedly made x402 a hot topic. Due to the need to fix the system and optimize the minting process, the official launch of c402.markets will be delayed by several days. The letter also pointed out that when the first round of minting begins, PING holders will be able to "easily observe," while developers will need to focus their efforts. The official team recommends that users follow the c402.markets website for further updates.

Pizza delivery giant Domino's partners with xMoney to offer fiat and cryptocurrency payment services.

Pizza delivery giant Domino's has announced a partnership with xMoney to offer fiat and cryptocurrency payment services, with the first service location in Cyprus.

Berachain has released information on addresses affected by the BEX/Balancer V2 vulnerability and plans to launch a claims page this week.

Berachain published a statement on its X platform disclosing information on addresses and token balances affected by the BEX/Balancer V2 vulnerability. This includes addresses directly deposited into BEX and those deposited through vault providers such as Infrared. Berachain stated that there may be slight discrepancies in the calculation of the returned funds and plans to launch a claims page later this week. However, the returned funds will not include funds provided to white-hat hackers. They will continue to investigate and collect feedback on the allocation of recovered funds until the final recovery claim is effective.

Investment and Financing

YZi Labs invests in regenerative medicine company Renewal Bio

YZi Labs announced an investment in regenerative medicine company Renewal Bio. The specific investment amount was not disclosed. This is YZi Labs' first biotech investment since expanding its investment scope in early 2025. Renewal Bio focuses on using its proprietary Stembroid™ platform to generate DNA-perfectly matched human cells and tissues from patients' own cells, aiming to address the global organ shortage crisis.

Cryptocurrency trading protocol Lighter raises $68 million, led by Founders Fund and others.

Cryptocurrency trading protocol Lighter announced the completion of a $68 million funding round, led by Founders Fund and fintech investment firm Ribbit Capital, with participation from Haun Ventures and Robinhood. This funding round values Lighter at $1.5 billion.

Character voices

CZ responds to reports that his electronic autobiography has been released online: This is false information.

In response to media reports that CZ's autobiography was officially launched online on November 9, CZ posted on the X platform that the information was false and that it was not his book. He also warned against scammers using artificial intelligence to create fake books.