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What happened last week? Crypto news from COCOPAY: Justin Sun bought a banana for $6M, Trump appoints crypto loyalists, and Canada is recruiting volunteers for Neuralink.

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COCO PAY presents a selection of the most important Web3 news from the past week. Don’t miss out!

– Authorities in Paju, South Korea, have ramped up efforts against tax evaders, threatening to confiscate and sell their cryptocurrency assets if debts are not settled by the end of November.

BlackRock has secured a license in Abu Dhabi, focusing on artificial intelligence and private markets while also expanding its presence in the UAE’s cryptocurrency ecosystem.

Telegram rolled out a major updаte, introducing full-screen mode for mini-apps, home screen icons, geolocation support, and other new features.

Bitcoin mining difficulty reached a new all-time high of 102.29 T, increasing by 0.63% after the latest adjustment. The average hash rate over the past two weeks rose to 755.3 EH/s, signaling the network’s growing power.

– The developers of the game Hamster Kombat faced a massive player exodus after a failed airdrop, with user numbers dropping from 300 million to 40 million. The team is planning to bring back first-season participants and attract a new audience.

Donald Trump appointed Howard Lutnick, CEO of Cantor Fitzgerald, a banking partner of Tether, as Secretary of Commerce. Lutnick is known for his support of cryptocurrencies and vision of integrating Bitcoin into the traditional financial system.

Google updated its Gemini chatbot by adding a memory feature. Users can now save preferences, such as favorite products or work-related details, allowing the bot to offer more personalized recommendations.

Canada’s Ministry of Health approved clinical trials for Neuralink’s neurochips. Elon Musk’s company has begun recruiting volunteers to participate in the research.

Justin Sun, the founder of Tron, purchased the art piece Comedian by Maurizio Cattelan—a banana duct-taped to a wall. The auction in New York cost him $6.2 million.

More news coming soon. COCO PAY — always on top of the news!

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