MINE.exchange has gathered the latest Web3 news from the past week that you might have missed.
– Authorities in Paju, South Korea, have taken action against citizens evading taxes, threatening to confiscate and sell their cryptocurrency assets if debts are not paid off by the end of November.
– Google commented on a malfunction of the Gemini chatbot, during which the AI wished death upon a user. Company representatives emphasized that such responses violate their policy and stated that measures have been taken to prevent similar incidents.
– The American elections stimulated capital inflows into cryptocurrency funds: from November 10 to 16, funds attracted $2.19 billion, surpassing the previous week’s figure of $1.98 billion.
– Coinbase CEO Brian Armstrong held a meeting with Donald Trump to discuss personnel matters for his future administration.
– The developers of Hamster Kombat faced a massive outflow of players after an unsuccessful airdrop, reducing the user base from 300 million to 40 million. They announced plans to bring back participants from the first season and attract a new audience.
– Shaquille O’Neal has agreed to settle a class-action lawsuit related to the promotion of the NFT collection Astrals and the token Galaxy (GLXY), which plaintiffs consider financial securities.
– Justin Sun, the founder of Tron, purchased the artwork “Comedian” by Maurizio Cattelan — an ordinary banana taped to a wall. The purchase at an auction in New York cost him $6.2 million.
– Gary Gensler, Chairman of the SEC, will leave his position on January 20, 2025, coinciding with the start of Donald Trump’s second presidential term.
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