Crypto Guides, Knowledge & Insights

This Week's Noteworthy Events (Nov 11, 2024–Nov 17, 2024)

Token Unlock Schedule　　• Aptos (APT): Approximately 11.31 million tokens will be unlocked on November 11, 06:00 UTC, representing 2.18% of the circulating supply, valued at approximately $128 million.　　• Cardano (ADA): Approximately 92.65 million tokens will be unlocked on November 11, 00:00 UTC, representing 0.05% of the circulating supply, valued at approximately $10.8 million.　　• io.net (IO): Approximately 2.11 million tokens will be unlocked on November 11, 12:00 UTC, representing 1.75% of the circulating supply, valued at approximately $4.4 million.　　• Fusionist (ACE): Approximately 850,000 tokens will be unlocked on November 12, 00:00 UTC, representing 2.09% of the circulating supply, valued at approximately $2 million.　　• Polyhedra Network (ZKJ): Approximately 17.22 million tokens will be unlocked on November 14, 00:00 UTC, representing 28.52% of the circulating supply, valued at approximately $19.8 million.　　• CYBER (CYBER): Approximately 886,000 tokens will be unlocked on November 13, 18:00 UTC, representing 3.81% of the circulating supply, valued at approximately $3.3 million.　　• Starknet (STRK): Approximately 64 million tokens will be unlocked on November 14, 00:00 UTC, representing 3.05% of the circulating supply, valued at approximately $30.3 million.　　• Arbitrum (ARB): Approximately 92.65 million tokens will be unlocked on November 16, 13:00 UTC, representing 2.33% of the circulating supply, valued at approximately

2024-11-11Deep Dive

TEAMZ Web3・AI Summit 2025: Bringing Global Leaders to Tokyo

This summit is one of Japans largest international conferences, gathering top global leaders, innovators, investors, and companies in the Web3 and AI industries.　　Event Overview　　· Date: April 16-17, 2025 (Wednesday-Thursday)　　· Time: 10:00 AM - 6:00 PM　　· Location: Toranomon Hills International Forum, Tokyo　　· Scale: Over 5000 attendees from around the world　　· Organizer: TEAMZ, Inc.　　Additionally, the summit will attract the following industry participants:　　· 120+ Speakers　　· 100+ Exhibiting Companies　　· 100+ Venture Capital Firms　　· 100+ Communities　　· 100+ Media Outlets　　· 450+ Key Opinion Leaders (KOLs)　　More than 5000 Web3 professionals from Japan and abroad are expected to attend, exploring innovation, business opportunities, and technology development.　　Summit Purpose　　The TEAMZ Web3・AI Summit 2025 aims to discuss the future of business utilizing Web3 and AI technologies, promoting the development of Japan and the global tech industry. The summit will dive into opportunities and societal impacts brought by the next generation of blockchain technology, decentralized systems, and AI, providing a platform for participants to forge new connections.　　Participants and Agenda　　· Participant Profile: CEOs, executives, technical leaders, developers, VCs, investors, media, and community leaders in the Web3 and AI space will be attending.　　· Agenda:　　Keynote Speeches: Leading figures in Web3 and AI will give keynote speeches on the future of technology and its impact on

2024-11-07Deep Dive

Trump Elected U.S. President: What’s His Stance on the Crypto Industry?

Washington (AP) – Donald Trump was elected as the 47th President of the United States on Wednesday, marking an extraordinary comeback for the former president who, four years ago, refused to concede defeat, sparked a violent uprising at the U.S. Capitol, faced criminal convictions, and survived two assassination attempts.　　Trump secured crucial swing states, including Pennsylvania, North Carolina, and Georgia, garnering enough electoral votes to win. Although some states are still counting ballots, major media outlets have declared Trump the winner.　　Donald Trumps stance on cryptocurrency has undergone a significant shift. During his previous presidency, Trump openly criticized Bitcoin and other cryptocurrencies, calling them a “scam” and warning about their potential use in illegal activities.　　However, by 2022, Trumps position began to change as he launched his own NFT series. During his presidential campaign, he started accepting cryptocurrency donations, promising to secure the future of cryptocurrencies and Bitcoin in the U.S., rather than allowing them to be driven overseas. Additionally, Trump spoke at the Bitcoin Conference, pledging to make the U.S. a “Bitcoin superpower” and proposing a national Bitcoin strategic reserve.　　This shift has attracted widespread attention in the cryptocurrency industry, with many believing it could foster a more favorable regulatory environment for cryptocurrencies

2024-11-07Deep Dive

Slowmist Releases October Web3 Security Incident Report

According to Slowmist, October Web3 security incidents led to an estimated $147 million in total losses, with 28 separate attacks accounting for approximately $129 million, of which $19.3 million was later recovered. These incidents included exit scams, account takeovers, and price manipulation.　　Additionally, data from Scam Sniffer reported 12,058 phishing victims in the month, collectively losing $18.04 million.　　

2024-11-06Deep Dive

Japan’s Crypto Industry to Launch “Self-Regulation” of Stablecoins

JVCEA‘s role has been formally recognized by Japan’s top financial regulatory body, the Financial Services Agency (FSA). According to Japanese news outlets CoinPost and Nikkei, JVCEA will collaborate with the FSA to handle regulatory-related matters.　　The association already oversees Japans crypto exchange industry, addressing issues like token listing agreements. Previously focused on “crypto exchange business and crypto-related derivatives trading firms,” JVCEA will now expand its regulatory scope to include the “electronic payment tools trading industry.”

2024-11-06Deep Dive

Russia Establishes Legal Framework and Standards for Crypto Mining

The Russian government‘s introduction of this framework follows the implementation of a law signed by President Putin in August, just before these rules took effect. This legislation officially designates cryptocurrency mining as a legal activity in Russia, setting safety and operational standards for miners and creating a structure for trading digital financial assets on specially approved platforms. The framework aims to bring clarity and oversight to Russia’s growing crypto industry amid increasing energy demands and concerns over illegal mining activities.　　Under the new regulations, only registered organizations and individual entrepreneurs are allowed to legally conduct crypto mining. Russian individuals not formally registered as entrepreneurs can also mine, provided their monthly electricity consumption does not exceed 6,000 kWh. If they exceed this limit, they must register as entrepreneurs to continue their mining activities. This approach ensures smaller, individual mining operations remain viable while imposing stricter requirements on larger, potentially commercial ventures.　　The framework also details reporting obligations for miners, requiring them to disclose the total digital currency output and provide transaction address identifiers to the Federal Tax Service (FTS). While these details are accessible only to law enforcement, this ensures oversight while maintaining a degree of privacy. Additionally, miners are required to ensure

2024-11-06Deep Dive

What Impact Will the U.S. Presidential Election Have on the Crypto Industry?

As attention centers on the U.S. election, the influence of this election goes far beyond America‘s borders. Being the world’s largest economy, the elections results set the direction for U.S. policies over the next four years, which will impact global economies, international relations, climate policies, military dynamics, and technological advancements.　　For the crypto industry, the election holds significant implications, particularly in areas such as regulatory uncertainty, market sentiment, investor confidence, tax policy changes, financial institutions stances, and the progression of blockchain and crypto technologies. As the election approaches, the crypto market is already positioning itself based on potential outcomes. 　　WikiBit has outlined the main election-related information and potential market trends.Key Dates　　The U.S. presidential election will take place on November 5, 2024. Voting stations open and close at different times across states due to time zone and state regulations, with most stations closing between 7:00 p.m. and 9:00 p.m. Currently, the election is in its voting phase.　　According to Reuters, the election results may take days to tally, with the final result expected by noon on November 6. However, complete confirmation may take longer, depending on the closeness of the race and counting progress across states. For instance, due to high numbers of

2024-11-05Deep Dive

This Week's Noteworthy Events(Nov 1, 2024–Nov 10, 2024)

Token Unlocks　　• Delysium (AGI) will unlock approximately 8.57 million tokens at 00:00 UTC on November 5, making up 0.71% of the circulating supply, valued at approximately $1.4 million.　　• Ethena (ENA) will unlock approximately 12.86 million tokens at 09:00 UTC on November 6, making up 0.45% of the circulating supply, valued at approximately $4.5 million.　　• Eigenlayer (EIGEN) will unlock approximately 1.29 million tokens at 19:00 UTC on November 5, making up 0.69% of the circulating supply, valued at approximately $3.1 million.　　• Cetus Protocol (CETUS) will unlock approximately 8.3 million tokens at 00:00 UTC on November 6, making up 2.61% of the circulating supply, valued at approximately $1.5 million.　　• Heroes of Mavia (MAVIA) will unlock approximately 1.15 million tokens at 00:00 UTC on November 6, making up 3.64% of the circulating supply, valued at approximately $1.3 million.　　• Neon (NEON) will unlock approximately 53.91 million tokens at 00:00 UTC on November 7, making up 44.92% of the circulating supply, valued at approximately $21.2 million.　　• GoGoPool (GGP) will unlock approximately 840,000 tokens at 00:00 UTC on November 7, making up 11.79% of the circulating supply, valued at approximately $3.7 million.　　• Hashflow (HFT) will unlock approximately 13.62 million tokens at 00:00 UTC on November 7,

2024-11-04Deep Dive

Russia to Lift Bitcoin Mining Ban on November 1

Russia is set to lift its Bitcoin mining ban on November 1, 2024, but this comes with new regulatory requirements. All Bitcoin miners will need to register with Russias Federal Tax Registry and provide details of their equipment models and wallet addresses for government monitoring. This ban, initially imposed in early 2022, primarily targeted large-scale Bitcoin mining operations in Russia, particularly in areas with low electricity costs. The ban aimed to prevent excessive energy consumption and reduce grid strain, especially in economically weaker or energy-scarce regions.Why is Russia Lifting the Mining Ban？　　In mid-October, at the BRICS Business Forum in Moscow, Russia‘s sovereign wealth fund partnered with data center operator BitRiver to establish Bitcoin mining and AI computing facilities within BRICS countries. These regions often have limited IT infrastructure but abundant unused electricity resources. By leveraging Bitcoin mining, Russia can effectively utilize this surplus energy, modernizing infrastructure in these countries while generating economic revenue. This dual-purpose approach not only extends Russia’s international influence but also provides a direct income boost to its treasury.　　Geopolitical factors are another reason for lifting the ban. Many countries globally are concerned about U.S. fiscal policies and are looking for ways to bypass them. As highlighted by

2024-11-01Deep Dive

South Korea Plans to Impose Reporting Mandate for Cross-Border Crypto Transactions

South Korea plans to ramp up regulation over cross-border transactions using cryptocurrencies to curb foreign exchange crime involving digital assets, the countrys Minister of Economy and Finance Choi Sang-mok announced at a G20 meeting in Washington on Thursday, according to South Korean news reports.　　Choi said that businesses that handle “cross-border transactions” of stablecoins and other cryptocurrencies will be required to pre-register with the authorities, as well as report details of such transactions to the Bank of Korea on a monthly basis, Edaily reported. 　　The reported transaction data will be monitored by South Koreas tax, customs, financial and international finance regulatory bodies to track illegal transactions and use for research. 　　According to the Korea Customs Service, around 88% of foreign exchange crimes, valued at 1.65 trillion won ($1.2 billion), had been involved with cryptocurrencies. Such crimes include illegal arbitrage and money laundering.　　To establish the legal basis for the planned new mandates, Choi reportedly said that the ministry will amend the Foreign Exchange Transactions Act to define “virtual assets” and “virtual asset business operators” in a new category, separate from foreign exchange, means of overseas payment, or capital transactions.　　The minister said he expects the legal revisions to be finalized by the first

2024-10-29Deep Dive

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