1. "iPod Father" Tony Fadell Joins Ledger's Board of Directors
"iPod Father" Tony Fadell has officially joined Ledger's Board of Directors. Tony Fadell has served as an advisor to Ledger since 2022 and is the designer of Ledger Stax. Tony Fadell was the Senior Vice President of Apple's iPod division from 2006 to 2008, leading the research and development of the iPod, and is therefore known as the "iPod Father".
2. The Address Marked as ZKasino Borrows Another $8 Million DAI to Buy Ethereum
According to Ember Monitoring, the address marked as the ZKasino project has borrowed another $8 million DAI to buy Ethereum. It has now cumulatively borrowed 195.89 million DAI from Aave to purchase 5,801 Ethereum, at an average price of $3,377.
3. US Bitcoin Spot ETFs Had Net Inflows of Approximately $490 Million Yesterday
According to iChainfo data, US Bitcoin spot ETFs had net inflows of approximately $490 million yesterday (November 22nd, Eastern Time). The BlackRock ETF IBIT had a net inflow of about $513 million; the VanEck ETF HODL had a net inflow of about $56.2 million; the Fidelity ETF FBTC had a net inflow of about $217.1 million; the Grayscale ETF GBTC had a net outflow of about $670.5 million; the Valkyrie ETF BRRR had a net inflow of about $61.9 million; the Grayscale Micro ETF BTC had a net inflow of about $57.2 million; the Invesco Galaxy ETF BTCO had a net inflow of about $49.6 million; the WisdomTree ETF BTCW, Bitwise ETF BITB, Ark&21 Shares ETF ARKB, Franklin ETF EZBC, and Hashdex ETF DEFI had no net inflows or outflows.
4. US Ethereum Spot ETFs Had Net Inflows of Approximately $912.1 Million Yesterday
According to iChainfo data, US Ethereum spot ETFs had net inflows of approximately $912.1 million yesterday (November 22nd, Eastern Time). The Bitwise ETF ETHW had a net inflow of about $49.6 million; the Grayscale Micro ETF ETH had a net outflow of about $6.21 million; the Fidelity ETF FETH had a net inflow of about $57.6 million; the BlackRock ETF ETHA had a net inflow of about $996.8 million; the Grayscale ETF ETHE had a net outflow of about $185.6 million; the Invesco ETF QETH, VanEck ETF ETHV, 21Shares ETF CETH, and Franklin ETF EZET had no net inflows or outflows.
5. As of November 21st, Eastern Time, the Circulating Supply of USDC was 38.1 Billion
According to data from the Circle website, from November 15th to November 21st, Eastern Time, Circle issued approximately 3.7 billion USDC and redeemed approximately 2.2 billion USDC, resulting in an increase of approximately 1.4 billion in the circulating supply. As of November 21st, Eastern Time, the circulating supply of USDC was 38.1 billion, and the reserve funds were $38.3 billion.
According to data from the Circle website, from November 15th to November 21st, Eastern Time, Circle issued approximately 3.7 billion USDC and redeemed approximately 2.2 billion USDC, resulting in an increase of approximately 1.4 billion in the circulating supply. As of November 21st, Eastern Time, the circulating supply of USDC was 38.1 billion, and the reserve funds were $38.3 billion.
6. South Korean Virtual Asset Platform Delio Declared Bankrupt by Seoul Court, Owing $1.75 Billion
According to a Cointelegraph report, the South Korean virtual asset deposit platform Delio has been declared bankrupt by the Seoul court. Delio suspended withdrawals last year, owing 2.45 trillion won ($1.75 billion). It will now enter liquidation proceedings, and customers can file claims before February 21, 2025. The first creditors' meeting will be held on March 19. The platform's assets were largely held in FTX accounts, and after FTX's bankruptcy, the assets could not be recovered, affecting around 2,800 customers.
7. Crypto.com Acquires Financial Trading and Brokerage Services Company Charterprime
According to a Techub News report citing Crowdfund Insider, Crypto.com has acquired the financial trading and brokerage services company Charterprime Ltd., which holds an Investment Dealer license from the Mauritius Financial Services Commission and a Global Business License.
8. Decentralized Prediction Market Polymarket Suspends Access for French Users Amid Regulatory Investigation
According to a CoinDesk report, the decentralized prediction market Polymarket has suspended access for French users to its platform. This move comes weeks after the French National Gambling Authority (ANJ) launched an investigation into the platform's gambling compliance. The investigation was triggered by a large bet placed by a French trader on the platform regarding Trump's victory in the 2024 US presidential election. While Polymarket has implemented IP blocking, users can still access the platform through VPNs, according to the French cryptocurrency news site The Big Whale. As of the time of CoinDesk's reporting, Polymarket's terms of service have not been updated to reflect the restriction.
