DeepNewz

TradFi & Fintech
Ex-Revolut Executives Raise $2.3 Million for Bleap, a Blockchain Banking App with USDC and 13.2% APY, Launching Q1 2025
Former Revolut executives have successfully raised $2.3 million in pre-seed funding to launch Bleap

Regulation & Politics
Hong Kong Eliminates Crypto Capital Gains Tax for Hedge Funds to Become Global Crypto Hub
Hong Kong is planning to eliminate capital gains taxes on cryptocurrencies, including Bitcoin, for hedge funds, private equity funds, and investment vehicles of billionaire families, according to the Financial Times

Regulation & Politics
Russia's Upper House Approves 15% Crypto Tax Bill, Exempts Transactions from VAT
Russia's upper house, the Federation Council, has approved a new tax bill that introduces a 15% income tax on profits from cryptocurrency mining and trading

TradFi & Fintech
Japan's Metaplanet to Raise ¥9.5 Billion ($62M) to Expand Bitcoin Holdings
On November 28, Japanese public company Metaplanet, a Tokyo-listed space exploration firm, announced plans to raise up to ¥9.5 billion ($62.7 million) to expand its Bitcoin holdings.

Blockchains
Base Blockchain Hits 11M Daily Transactions on November 26, Sees 50x Growth and $4B Bridged
Base, a Layer 2 blockchain developed by Coinbase, achieved a significant milestone by processing 11.447 million transactions on November 26

Blockchains
Ronin Network Reports Growth with $1.2B TVL, 10.2M Weekly Transactions, and $395K Daily NFT Volume
Ronin Network has reported significant growth in its ecosystem, showcasing strong network effects and increasing institutional interest

CeFi
Coinbase Faces Backlash Over Rejection of Celo's Layer 2 Migration; Token Price Falls
Coinbase has announced that it will not support the migration of the Celo blockchain from Layer 1 to Layer 2 on the Optimism Superchain, scheduled for January 16, 2025

DeFi
Tether Launches USDT on Aptos, Transfers $495M to Binance Amid Growing TVL
Tether has officially launched its USDT stablecoin on the Aptos blockchain, with support from major exchanges like Bybit, OKX, and others

Blockchains
Solana Surpasses Ethereum in Daily Fees for 7 Days, Generating $70 Million
Solana has surpassed Ethereum in daily fees for seven consecutive days, driven by a surge in activity linked to a memecoin frenzy

Markets
$WIF at $3.34 Overtakes $BONK in Market Cap as Largest Solana Meme Coin, Both Down 12% and 7.5%
In a significant shift within the Solana meme coin market, $WIF (Dog Wif Coin) has overtaken $BONK (Bonk Inu) in market capitalization, becoming the largest meme coin on the Solana blockchain





