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Trump presses Senate to scrap filibuster as shutdown hits 36 days
Trump presses Senate to scrap filibuster as shutdown hits 36 days at a White House breakfast on Wednesday, Nov. 5, 2025.
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CryptoQuant data indicates that there's been a 99% decrease in the number of active addresses, along with a 98% drop in transaction volume.
The majority of airdrop recipients (95% of them) opted to sell their tokens, with a significant 80% getting rid of their tokens entirely. 
According to Coinbase CEO Brian Armstrong, the SEC requested the exchange to halt trading in all cryptocurrencies except bitcoin before filing a lawsuit against the platform in June.
“We really didn’t have a choice at that point. Delisting every asset other than bitcoin, which, by the way, is not what the law says, would have essentially meant the end of the crypto industry in the US,” said Armstrong. Tracing the Evolution of Web3 Games
With the continuous advancement of blockchain technology and decentralization, the gaming industry is experiencing remarkable growth, opening up a realm of new possibilities for gaming enthusiasts. As game quality improves, we are witnessing a surge in the number of game-related projects. Gary Gensler: The Antihero of Our Time
SEC Chair Gary Gensler is a figure of contempt for crypto enthusiasts in America and globally. The subject of many ruthless memes and vitriolic tweets, he commands significant attention. However, one should not underestimate Gensler: the crypto industry is up against one of the most brilliant financiers of our time. 
American Senators Elizabeth Warren, Roger Marshall, Joe Manchin, and Lindsey Graham have once again introduced a proposal to tackle money laundering through cryptocurrencies.
The Institute of Banking Policy wasted no time and promptly voiced its support for this bipartisan legislation, which seeks to tighten regulations on digital assets to ensure they fully comply with existing financial system rules The Role of AI in Trading: A Boon for Crypto Traders
Artificial Intelligence (AI) and cryptocurrency are two of the most cutting-edge technologies of our time. Naturally, it was only a matter of time before they found a way to complement each other. Today, we will explore the definite advantages and drawbacks of utilizing AI in cryptocurrency trading. 
zkSync Era revenue aggregator Kannagi Finance has experienced a rugpull, and its official website is now expired.
On July 6, the company was audited by SolidProof, but the firm says they have nothing to do with the smart contract related to the incident.
In just one day, the Total Value Locked (TVL) in the platform plummeted from $2.13 million to nearly zero 
Grayscale Investments has warned the US Securities and Exchange Commission (SEC) that granting approval to certain spot Bitcoin ETF proposals ahead of others could create an "unfairly discriminatory and prejudicial first-mover advantage".
The company's comments follow BlackRock's recent application to launch a spot Bitcoin ETF, which reignited hopes and triggered similar filings from other firms. Grayscale had previously attempted to convert its Bitcoin Trust (GBTC) to an ETF but was denied by the SEC.
The firm now supports the simultaneous approval of all proposed spot Bitcoin ETFs to maintain a level playing field. 
Layer 2 network Optimism has surpassed Arbitrum, recording 944,000 daily transactions, which is nearly 50% more than its former frontrunner with 660,000 daily transactions.
The surge in activity on Optimism can be attributed to the recent Bedrock update and the excitement surrounding the Worldcoin project, which enables user accounts within this network.
However, when it comes to Total Value Locked (TVL), Arbitrum remains in the lead, boasting over $2 billion — twice as much as its competitor. 
The Telegram trading bot, Unibot, is rapidly gaining popularity, thanks to its seamless integration with the decentralized exchange Uniswap and ETH payouts to token holders.
As the UNIBOT token soared to $170 its user base has surged to 6,500, and the daily trading volume has averaged $5.5 million. 
The body of Spanish crypto influencer Fernando Perez Algaba was tragically discovered in Argentina. He had been declared missing since last Tuesday.
On July 23, children in Ingeniero Budge found a suitcase containing his amputated limbs. The police subsequently found his torso on the next day, and his head was located in a backpack on July 25.
The motive for murder was related to his debts. A note left by Algaba’s explained that he had lost a significant amount of money invested in cryptocurrencies. 
Sotheby’s Gen Art Program, featuring works by the 99-year-old artist Vera Molnár, made a sensational debut, with all pieces selling within an hour above the base price of 1.5 ETH.
The auction culminated in 631 ETH, equivalent to $1.2 million.
Molnár’s artworks present intricate algorithmic transformations, converting hand-drawn variations of letters N, F, and T into captivating black-and-white graphics with mesmerizing color combinations. 
US stablecoin legislation negotiations have stalled, with House Financial Services Chair Patrick McHenry blaming the White House. McHenry noted that the parties were closer than ever to a bipartisan deal after 15 months of talks.
However, Rep. Maxine Waters criticized the current stablecoin bill as "deeply problematic," voicing concerns about state regulators approving stablecoin issuances without Federal Reserve input. She also feared companies like Amazon and Facebook issuing their own digital currencies. 
The Sui Foundation has cut ties with decentralized exchange MovEx due to a contract breach involving the illicit movement of SUI tokens.
MovEx had received 2.5 million SUI tokens (around $1.6 million) for their work on the DeepBook exchange product, under an agreement involving a staged release of the tokens. MovEx, however, broke this agreement by making three transactions of 625,000 SUI to three different wallets without the Sui Foundation's consent or awareness.
Following the breach, MovEx's total SUI allotment has been moved to a custodial wallet to ensure the release adheres to the contractual schedule. 
Brian Armstrong has publicly urged US residents to actively support the 21st Century Financial Innovation and Technology Bill, which promises to bring much-needed clarity to cryptocurrency regulation.
Armstrong emphasized that it is ordinary Americans who can have a decisive impact on the outcome of the vote by sending an email to their representatives asking them to support the bill.
In a more detailed statement, Coinbase added that the bill, in addition to protecting consumer rights and enhancing national security, has the potential to spur job creation in the US. 
The total loss incurred surpassed $50 million, causing the Total Value Locked (TVL) of the project to drop by over 40% following the news.
CRV price also plummeted by over 20%.
Security analysts at Beosin reported that the attacker specifically targeted Curve’s factory pools associated with several projects, including Alchemix, JPEG’d, MetronomeDAO, deBridge, and Ellipsis. BinaryX & BNX: Igniting the GameFi Revolution
BinaryX is a GameFi project that applies blockchain technology in gaming contexts. The ecosystem of BinaryX includes an NFT marketplace and a high-speed sidechain, which are underpinned by BNX, a governance token. Check BinaryX's insights into the ongoing changes within the GameFi field. 
Worldcoin Addresses Security Concerns
Worldcoin has released its audit reports amid increasing criticism of its data collection practices.
The audit revealed a total of 29 security issues with the protocol.
Out of these, 27 have been fixed, one was mitigated, and another was acknowledged.
The audit was conducted by security consulting firms Nethermind and Least Authority. 
Arthur Hayes, Maelstrom CIO and ex-BitMEX CEO, argues that AI-powered Decentralized Autonomous Organizations (DAOs) will revolutionize economic entities, making traditional structures obsolete due to their reliance on human labor and state-enforced contracts.
He asserts AI DAOs, unfettered by physical forms and therefore state laws, will use smart contracts on public blockchains for self-governance and service provision.
Hayes predicts that DAO capital markets will become the first genuinely global markets and decentralized exchanges will naturally monopolize the trading of DAO-issued tokens.
Hayes sees a future trillion-dollar AI-powered economy that would significantly boost the value of blockchains like Ethereum. 
The venture capital fund has reduced its funding for crypto projects from $585 million to $200 million. Moreover, it's halved investments aimed at backing individual investors.
"We made these changes to sharpen our focus on seed-stage opportunities and to provide liquidity to our limited partners," commented representatives from Sequoia Capital. 
Bankrupt crypto firms FTX and Genesis have reportedly reached a preliminary agreement to settle outstanding issues. The companies have agreed to void all mutual claims.
This development was revealed in a letter sent to Bankruptcy Judge Sean Lane on July 27. The final decision and terms of the agreement, however, need to be officially approved by the court. The Ankr Project and ANKR Token: Features and Prospects
Ankr is a trailblazing platform equipped with its proprietary blockchain, developed specifically for node hosting and as a supplier of Web3 infrastructure. It provides developers with the essential tools and resources they need to create decentralized apps and networks. AI Showrunner: Creating South Park Episodes Starring You
Fable, the company leading the innovative project “The Simulation” for creating and advancing AI characters, presents AI Showrunner. This cutting-edge technology enables users to produce top-notch episodic content, including TV shows and series. Faroe Islands Postal Service Releases NFT Stamps
The Faroe Islands Postal Service (Posta Faroe Islands) has launched a collection of NFT-embedded stamps. The set of four stamps is available for purchase at 400 DKK. The buyers will receive an equivalent number of digital versions in NFT format, alongside the physical stamps. 
Securitize, a digital asset trading platform, has started tokenizing equity in Spanish real estate investment trust, Mancipi Partners. The tokens will trade on the Avalanche blockchain from September.
This marks the first tokenized equity issuance under the European Union’s pilot scheme for distributed ledger technology, supervised by the European Securities Market Authority. Securitize will also undergo a six-month supervision period by Spain’s National Securities Market Commission (CNMV).
Securitize's CEO, Carlos Domingo, believes the move will significantly benefit European businesses, providing new avenues for capital raises and potential tax benefits. 
Hwang, co-founder of Orange Photography, had been the proud owner of the one-letter Twitter handle until the recent Twitter rebranding. As recently as Tuesday, he asserted that no one had attempted to reach out to him, but now the account is being managed by Elon Musk's company.
According to reports from American and British media, the company not only took control of the account without prior discussion but also refused to offer any compensation. The only thing they offered Hwang was exclusive merchandise.
Later, Hwang wrote from his new account, "All's well that ends well." 
The founder and CEO of ENF, Yves La Rose, officially announced this on Twitter. He claims that the company allegedly failed to fulfill its investment commitments totaling $1 billion.
According to Yves La Rose, this has caused significant financial and marketing issues for the EOS community, and he holds Block.one responsible as the original creator of the project. Never miss any of the latest cryptocurrency news, in-depth crypto market analysis, and breaking updates on blockchain technology. From Bitcoin price trends to emerging NFT projects and DeFi developments, GNcrypto has everything to keep you informed and ahead. Stay informed and ready to seize the next big opportunity in the crypto world!