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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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