NYC Dog Mayor Candidate Pulls Out Over Meme Coin Drama

Glauber Contessoto, known as ProTheDoge, saw his Dogecoin investment fluctuate from $3 million to $200,000 before reclaiming millionaire status as the coin surged. Despite facing criticism and losses, he plans to sell part of his holdings and consult experienced traders for an exit strategy.

Tether has introduced Hadron, a platform for tokenizing digital and real-world assets, including stocks, bonds, and stablecoins. The platform aims to simplify asset tokenization for investors by providing tools for issuing and managing digital tokenized assets on decentralized networks. Real-world asset tokenization involves converting ownership rights of physical assets into digital tokens on a blockchain.

ElevenLabs' ElevenReader app now features Jerry Garcia's voice, part of the "Iconic Voice Project" lineup, allowing users to listen to various texts in the Grateful Dead frontman's voice. OpenAI has introduced Advanced Voice Mode for ChatGPT Plus and Teams users, enhancing AI interactions with more human-like conversations.

Ilya Lichtenstein, convicted for laundering $4.5 billion in Bitcoin from the Bitfinex hack, has been sentenced to 60 months in prison. The recovery of $10 billion in stolen assets followed a seven-year investigation involving multiple U.S. agencies and TRM Labs.

O2 introduced "Daisy," an AI system designed to engage scammers in lengthy conversations to prevent fraud. The AI operates independently, saving millions in potential losses for the telecom's 24 million customers.

A lawsuit has been filed by 18 states and their Attorneys General against the SEC and Chairman Gary Gensler for alleged overreach in enforcing securities laws on the crypto industry. The suit also involves the DeFi Education Fund, claiming regulatory overreach.

A trader invested $16 in a Solana meme coin, PNUT, which later skyrocketed in value, allowing the trader to cash out $3 million after strategic selling. PNUT's market cap surged from $10,000 to over $2 billion in just two weeks.

Alongside Dogecoin's surge, other dog-themed meme coins like Shiba Inu, Dogwifhat, Bonk, and Floki have seen significant price increases. These tokens, trading on platforms like Ethereum and Solana, have experienced gains ranging from 32% to 71% over the past week.

The highly anticipated token launch for Major's game on The Open Network (TON) has been revealed for November 28 at 12pm UTC. With 30 million players engaged in the mini app, the project's success is attributed to players improving their in-game rating for future token rewards.

Franklin Templeton has launched its On-Chain U.S. Government Money Fund (FOBXX) on Ethereum, allowing investors to buy shares and hold them in digital wallets via the Benji Investments app. The fund is also available on other blockchains, but this marks its debut on Ethereum's mainnet.