Overview of Important Developments on November 2nd at Noon
1. Chen Haolian: Hong Kong has strong potential for Web3 development;
2. pump.fun transferred 90,000 SOL to Kraken 4 hours ago;
3. SEC crackdown causes cryptocurrency companies to lose $426 million;
4. Web3 companies raised $5.4 billion in the first three quarters of 2024;
5. IRS: Crypto rewards received before account freeze are taxable in the year received;
6. U.S. October non-farm payroll data surprises, traders increase bets on a 25 basis point Fed rate cut;
7. Over 12,000 BTC flowed out from two Bitcoin products under WisdomTree, valued at over $830 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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