IOSG Ventures appears to be selling assets, as monitored by Lookonchain. Two addresses (marked as IOSG Ventures by Nansen) have just deposited 1,543 ETH ($2.9 million), 352,242 UNI ($1.69 million), 3.95 million 1INCH ($1.3 million), and 270,794 C98 ($49,000) into Binance.

On November 5th, according to user X @ai_9684xtpa, an address starting with 0x94c withdrew 1286 MKR (worth approximately $1.72 million) and 2.44 million 1INCH (worth $850,000) from Binance five hours ago. Interestingly, at the time of the transfer, the price of MKR rose from $1337 to $1341 within half an hour.

On November 3, the Office of Foreign Assets Control (OFAC) of the US Treasury Department announced sanctions against Russian national Ekaterina Zhdanova for her role in laundering money and transferring funds using virtual currencies on behalf of Russian elites. Brian E. Nelson, Deputy Secretary of the US Treasury, said: "Through key facilitators like Zhdanova, Russian elites, ransomware groups, and other illicit actors seek to evade US and international sanctions, especially through the abuse of virtual currencies. OFAC will continue to focus on protecting the US and international financial system against those who seek to exploit this technology and other illicit financial risks in the virtual asset ecosystem." As a result of today's action, all property and property interests of the designated individual located in the US or owned or controlled by US individuals will be frozen and must be reported to OFAC.

According to the OKX market data, the market value of BRC-20 sats has reached 130 million US dollars, and the lowest market price is currently 0.000000065 USDT, with a 24-hour increase of about 40%.

Bitget market data shows that GAS has broken through 8 USDT and is now reporting 8.0345 USDT, with a 24-hour increase of 18.23%.

On November 3rd, Jason Desimone, founder of the Web3 loyalty rewards project, announced within the Stars Arena application that he has become the new CEO of Stars Arena. Jason stated that from today, the old team will completely exit Stars Arena, and the project will be rebuilt in a new way. With the exit of the old team, the multisignature ownership of the protocol contract has been transferred to Jason's new team, and platform transaction fees generated in the future will also directly flow to the new wallet controlled by Jason's team. In addition, the project domain name, social media accounts, and other intellectual property will also be transferred to the new team.

On November 2nd, according to market data, MASK surged to touch $3.577 before falling back, now priced at $3.514, with a 24-hour increase of 24.96%.

Privacy project Nym plans to launch a decentralized VPN that will distribute users' network traffic to multiple nodes. Nym VPN will work alongside its mixnet to encrypt and randomly route traffic. The VPN is scheduled to launch in December and will join other decentralized VPN projects in the encryption space, such as Sentinel, Mysterium, and Orchid. NymVPN's decentralized framework aims to reduce this centralized regulation, potentially providing a degree of online privacy.

DeepTechFlow News: Ontology announced the launch of the stONT test version, aimed at enhancing the liquidity of ONT staking.

According to CoinGecko data, the total market value of cryptocurrencies has risen to $1.36 trillion with a 24-hour increase of 2.4%. The total trading volume in the past 24 hours was approximately $75.5 billion, with BTC accounting for 51% of the market share and ETH accounting for 16.4%.