Vit777 (vit777)

Dogecoin has turned 11 years old. On December 6, 2013, programmers Billy Marcus and Jackson Palmer created an open-source coin called Dogecoin, based on the mechanism of Litecoin and Bitcoin. The purpose of creating Doge is to mock Bitcoin and other cryptocurrencies whose usefulness for practical applications is often exaggerated. Despite its satirical nature, this meme-coin is actively growing and is even being actively adopted into the online payments industry. Ilon Musk, Dogecoin's most famous proponent, has stated that the coin will be accepted for payment at Tesla, Starlink, Starship, and SolarRoof. Doge is currently trading at $0.44885, up over 160% in the past month.

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The number of Binance users has exceeded 240 million. A significant increase in the number of users occurred in the current year, 70 million people came to the crypto exchange. At the moment, the exchange owns the assets of users for 130 billion dollars, and the total trading volume exceeds 100 trillion dollars.

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Major token unlocks are expected next week. Between November 25 and December 1, $475.5 million worth of coins will be unlocked. Sui for $231.74 million, Optimism for $64.56 million, Zeta for $35.9 million, as well as IMX, Cardano, 1INCH and Dydx will enter the market.

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The media reported a meeting between Donald Trump and the CEO of Coinbase. The meeting allegedly took place on Monday, November 18. At it, most likely, personnel issues were discussed, including the candidacy for the post of head of the SEC. Earlier, Brian Armstrong said that the head of the US Securities and Exchange Commission should be headed by Hester Pearce, who has repeatedly criticized Gary Gensler.

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Shaquille O'Neal will pay $11 million dollars to Astral NFT investors. The Astral NFT project was launched in 2022 and consisted of 10,000 NFTs created by artist Damien Gimono. Shaquille O'Neal actively supported the project, thus attracting investors to invest in it. In 2023, the value of the NFTs plummeted dramatically. Investors sued the basketball player, accusing him of advertising unregistered securities on social networks. The lawsuit also noted that NFT prices fell because O'Neal stopped supporting the project. Shaquille agreed to return 11 million dollars to investors.

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StarkWare has announced an upcoming four-fold increase in the speed of transaction processing on Starknet and a five-fold reduction in fees. The developers intend to realize these plans within three months. With a 5-fold reduction in fees, Starknet will become the cheapest network. Vitalik Buterin did not ignore Starknet and approved their work.

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Gary Gensler has announced his retirement. He held the post of SEC chairman for almost four years. During his tenure, he was noted for tightening rules for cryptocurrency platforms and numerous court cases against various crypto projects. Gary will retire from January 20, 2025, at the time when Trump is due to take office as President of the United States.

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