A whale bought 786.16 ETH and transferred it to a new wallet.

Imran, a general partner at Alliance, said that the main topic of discussion at the recent limited partner (LP) dinner was the shift of capital and talent from crypto to cutting-edge technologies such as AI and robotics. The crypto industry is shifting from early experimentation to a focus on Wall Street, TradeFi, payments, and fintech, resulting in narrowing investment opportunities. The industry faces competition for talent from emerging sectors and pressure to evolve towards more mature financial infrastructure. Large crypto VCs are expanding into areas such as robotics and physical AI, mainly because pure crypto funds are difficult to match the expected returns of venture capital.

A whale used 1.5 million USDT to buy 786.16 ETH and transferred the assets to a new wallet. (Source: nansen_ai) Address details: 0xa9f5bc32bb16c17bcd81d502d5b4d16044dc3e5d

[Maple Discloses $1.89 Billion in Collateral Across Three Syrup Lending Pools] On-chain lending platform Maple disclosed that the total collateral for loans across its three Syrup lending pools amounts to $1.89 billion. A verification conducted on November 13th showed that the collateralization ratios for syrupUSDC, syrupUSDT, and syrupUSDG were 156.2%, 137.7%, and 150.8%, respectively. The Network Firm, the verification service provider, stated that its service was not an audit or assurance and did not independently verify the accuracy and completeness of Maple's and third-party data. Syrup tokens represent a share of a liquidity pool invested in strategies such as institutional lending. Loan collateral is different from cash that can be withdrawn and is not guaranteed to be redeemable at any time at the USD balance. (Source: The Defiant)

On November 12, Trezor confirmed that three Safe 5 devices had been compromised with hardware implants. These devices were sold between August 20 and September 23 through the Malaysian distributor CryptoBilis. The implant was a circuit board sandwiched between the screen and the motherboard, which only copied the screen content and sent it to the attacker's server via the mobile network. Firmware version 2.13.1, released on November 11, disabled these implants, but affected users still need to change their mnemonic phrases. Trezor has reduced its reseller network by approximately 80% and is allowing customers who purchased through this channel to request replacements starting in March. No customers have reported losses so far. This reseller was previously involved in a Ledger device tampering scandal that resulted in the theft of over $86 million from Ledger users. (Source: AMBCrypto)

During a conversation with JPMorgan Chase CEO Jamie Dimon at the company's New York headquarters, Anthropic CEO Dario Amodei stated that the company is in no hurry to choose a specific month or market conditions for its IPO, and will adopt a "less promise, more delivery" strategy. Amodei agreed with the advice that the company's valuation should not exceed its true value by more than $1, and will remain cautious about IPO pricing. Anthropic is targeting a valuation of approximately $1.33 trillion and plans to issue 825 million shares at $70 to $78 per share, raising over $61 billion. Investors, including Google, plan to invest approximately $26 billion through a private placement. Amodei stated that the investment in computing power is the company's deepest business challenge, with the huge expenditure on computing resources continuing to put pressure on the company's finances.