Update
Crypto Industry Updates and Events
Whale balances in Bitcoin reached a high of 3,03 million USD, with large holders continuing to accumulate. Sui Foundation invested $30 million into the DATA Network, making it the protocol's largest institutional holder. NEAR Protocol celebrated its 6th anniversary since its mainnet launch. Blur is shutting down its NFT marketplace but will continue running the protocol and retaining its governance role. Mastercard launched its Global Money Platform for stablecoin payments. USDC became the first stablecoin in the EU designated as 'significant' under MiCA. Two South Korean crypto exchanges, Gopax and Prabang, were hacked as part of a broader cyberattack on the country's financial sector. Netflix released the trailer for The Altruists, an eight-episode series on the collapse of FTX, with all episodes scheduled for release on November 19.