Hottest Crypto News of the Week 11/17-23: Binance's Charity Fund Donates 5 Billion VND to Flood Victims; Proposed Maximum Fine of 200 Million VND for Violators in the Crypto Asset Sector

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Over the past week, the cryptocurrency market has seen many notable events. Let's take a look back at the hottest Crypto news of the past week with Allinstation!

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DWF Labs leader reveals he 'caught the Dip' of Bitcoin

On November 23, Andrei Grachev – fund manager of DWF Labs, one of the prominent market makers in the crypto space – suddenly Chia that he bought more Bitcoin. According to the post on X, Grachev revealed that he “just bought some Bitcoin” and said that “the current price is very good”, while emphasizing that this is not investment advice.

Details: DWF Labs Leader Reveals He 'Caught the Dip' of Bitcoin

Port3 Network Cryptocurrency Project Hacked, PORT3 Token Price Plunges 82% in Just a Few Hours

On the morning of November 23, the AI ​​broker project Port3 Network confirmed that it had suffered a serious security attack, causing the price of the PORT3 Token to plummet more than 82% in just a few hours.

Details: Port3 Network Cryptocurrency Project Hacked, PORT3 Token Price Plunged 82% in Just a Few Hours

Proposed maximum fine of VND 200 million for organizations violating in the field of crypto assets

The draft Decree on administrative sanctions for violations in the field of crypto assets is attracting great attention as it proposes a maximum fine of up to VND200 million for violating organizations. This is part of the efforts of the Ministry of Finance and the State Securities Commission to build a tighter legal corridor for the crypto asset market - a rapidly developing and potentially risky field.

Details: Proposed Maximum Fine of 200 Million VND for Organizations Violating in the Field of Crypto Assets

Coinbase Announces Acquisition of Memecoin Platform Tensor (TNSR)

Cryptocurrency exchange Coinbase has reached an agreement to acquire Vector.fun — a Solana based memecoin trading platform developed by Tensor Labs — for an undisclosed amount. This is Coinbase's ninth acquisition in 2025, reflecting the exchange's strong expansion into onchain trading as the crypto market recovers and the regulatory environment gradually becomes more open under President Donald Trump's term.

Details: Coinbase Announces Acquisition of Tensor (TNSR) Memecoin Platform

Binance Charity Fund supports flood victims with 5 billion VND

Binance Charity has just announced a donation of 200,000 USD, equivalent to more than 5.2 billion VND, to the Central Committee of the Vietnam Fatherland Front to help people in the Central region who are struggling with the new wave of storms and floods. This contribution was made in the context that many areas in the Central region have continuously suffered from prolonged heavy rains, causing floods, landslides and disrupting the daily lives of tens of thousands of households.

Details: Binance Charity Fund Donates 5 Billion VND to Flood Victims

Author of 'Old Dad, Poor Dad' revealed that he has closed the profit on the Bitcoin bought at the price of 6,000 USD

The author of the famous financial book “Rich Dad, Poor Dad” – Robert Kiyosaki – has just attracted attention when revealing that he sold $2.25 million worth of Bitcoin at a price of about $90,000/ BTC. This is the amount of Bitcoin he bought many years ago, when the price was only around $6,000, bringing in a huge profit after a strong growth cycle of the crypto market.

Details: Author of 'Old Dad, Poor Dad' Reveals He Has Taken Profit on Bitcoins Bought at $6,000

BitMine President: Cryptocurrency Market Could Continue to Fall for Another Two Weeks Before Bottoming Dip

Tom Lee – Chairman of BitMine and one of the prominent market analysts on Wall Street – commented that the sharp correction of the cryptocurrency market will likely last only about two more weeks before hitting Dip and entering the recovery phase. This statement was made in an interview with CNBC on November 21, when the market was under strong selling pressure and investor sentiment became more cautious than ever.

Details: BitMine President: Cryptocurrency Market May Continue to Fall for Another Two Weeks Before Dip

Strategy at risk of being removed from major stock indexes, cryptocurrency investors worry

According to information spread by the international financial media, Strategy Inc – the company of Michael Saylor, famous for his big bet on Bitcoin – is at risk of being removed from major stock indexes such as MSCI USA and Nasdaq 100. What has attracted the market’s attention is the amount of passive Capital coming from ETFs and Investment Vehicles linked to these two indexes, which are holding nearly $9 billion in stocks related to Strategy Inc. If the removal occurs, that passive Capital flow could be withdrawn or restructured, directly affecting stock prices and related market fluctuations.

Details: Strategy at Risk of Being Removed from Major Stock Indexes, Cryptocurrency Investors Worried

Billionaire Ray Dalio: Bitcoin Now Makes Up 1% of My Portfolio

Billionaire Ray Dalio – founder of Bridgewater Associates – recently emphasized in a recent interview that he holds about 1% of his personal portfolio in Bitcoin and believes that BTC is unlikely to become the reserve currency of major countries in the future.

Details: Billionaire Ray Dalio: Bitcoin Now Makes Up 1% Of My Portfolio

Vietnam puts blockchain, AI... into the list of key digital technology products and services

The Ministry of Science and Technology has just officially issued Circular 31/2025/TT-BKHCN, marking an important update to the digital technology development strategy in Vietnam from 2026 onwards. This Circular introduces the List of Key Digital Technology Products and Services - a new orientation framework built on the foundation of inheriting 16 key information technology products mentioned in Circular 19/2021/TT-BTTTT, while expanding to a series of pioneering digital technology fields such as AI, semiconductor chips, space, robots, cybersecurity and blockchain.

Details: Vietnam Adds Blockchain, AI... to the List of Key Digital Technology Products and Services

Trump to announce new Fed chairman before Christmas

President Donald Trump said the White House is in the final stages of selecting a new Federal Reserve Chairman, and a decision is likely to be announced before Christmas. This information was confirmed by Treasury Secretary Scott Bessent, after he said the next round of candidate interviews will take place right after the Thanksgiving holiday.

Details: Mr. Trump Will Announce New Fed Chairman Before Christmas This Year

US allows banks to hold cryptocurrencies to pay Gas Price on blockchain

The Office of the Comptroller of the Currency (OCC) recently published Interpretive Letter 1186, which clarifies that national banks in the US are allowed to pay network fees (gas fees) on blockchains for activities that are permitted by law. Notably, the OCC confirmed that banks can hold a certain amount of digital assets on their balance sheets, as long as those assets are used to pay network fees that the bank expects to incur in the near future.

Details: US Allows Banks to Hold Cryptocurrencies to Pay Gas Price on Blockchain

US senators call for investigation into Trump's cryptocurrency project WLFI

The US political landscape is in turmoil as a group of senators calls for an investigation into a cryptocurrency project that is said to have direct links to US President Donald Trump’s family. Concerns about the project’s possible links to organizations XEM illegal in North Korea and Russia have raised questions about national security risks.

Details: Group of US Senators Call for Investigation into Trump's Digital Currency Project WLFI

The Government Inspectorate responded to the proposal to make digital assets a mandatory declaration for officials.

On the afternoon of November 18, the National Assembly is scheduled to hold a plenary discussion on the Draft Law amending and supplementing a number of articles of the Law on Anti-Corruption. Previously, at the group discussion session on November 5, a series of delegates raised questions about asset and income declaration - especially in the context of rapidly changing economic life, sharply increasing asset values ​​and new types of assets such as "digital assets" becoming increasingly popular.

Details: Government Inspectorate Responds to Proposal to Include Digital Assets in the List of Compulsory Declarations for Officials

DappRadar Announces Closure After 7 Years of Operation

DappRadar, a globally renowned decentralized application (dApp) data platform, has announced its closure after seven years of operation, citing its inability to sustain itself financially amid a prolonged market squeeze. The announcement, published on November 17, indicates that the entire blockchain and dApp data tracking system will soon cease operations, while the future of the RADAR Token remains undecided and will be discussed by the DAO community in the coming time.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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