Nov. 12,An anonymous investor has proposed to acquire 51 percent of the shares of bankrupt South African crypto investment firm Africrypt for $5 million. However, in exchange for the offer, the investor wants the plaintiff to drop all criminal proceedings against Africrypt's directors. According to Moneyweb, creditors of South African crypto investment platform Africrypt will vote on the compromise on Nov. 12, 2021. However, it will only become a court order if it is supported by 75% of the creditor group. This comes after the company collapsed when two of its young directors, Raees and Amir Cajee, reported a breach of the company's systems. Shortly after claiming that Africrypt had been hacked, Cajees disappeared with his investors' money, and Africrypt's investors therefore filed a legal action against the two directors. As part of the compromise offered to the creditors, the investor will pay $4 million to cover the creditors' claims against Africrypt. The remaining $1 million will be used to boost the company's working capital. In addition to trying to save Africrypt and protect two directors from possible criminal prosecution, the investor has proposed hiring the Cajee brothers and appointing liquidator Eugene Januarie to Africrypt's board of directors.

Nov. 12,Transcrypts, a blockchain-based document security services company, has announced a formal partnership with Doctors Without Borders (DWB), which had earlier begun on Oct. 14. Through the partnership, they have uploaded 6,500 immunization records to the blockchain, with the goal of reaching 76,000 by 2022. Most of the recorded immunizations are for the COVID19 vaccine, but the company says the ultimate goal is to store all patients' medical records on the blockchain, which can be accessed through the patient's cell phone. Note: Founded in Paris on Dec. 20, 1971, Doctors Without Borders is an international medical humanitarian organization of medical professionals from various countries, and is one of the largest independent humanitarian medical relief organizations in the world. The organization is funded primarily by private donations.

Nov. 12，The Ethereal Domain Name Service (ENS) set a new record for .eth domain name registrations on Tuesday, reaching 7,057, more than twice the previous high, according to data provided by Dune Analytics. Despite the fact that the number of airdrops was set on Oct. 31, .eth domain registrations continued to reach a new high yesterday with 7,125. CoinGecko data shows that ENS is currently at $53.76, down 30.4% in 24 hours, with a market cap approaching $1 billion. 

Peter Golder, chief commercial officer of Swiss digital asset exchange SIX Digital Exchange (SDX), said at the Singapore Fintech Festival on November 12 that 10% of global GDP will be tokenized by 2027. He outlined four asset classes on SDX's roadmap: tokenized bonds, cryptocurrencies, private company equity and ESG financing. in September, SDX was granted an exchange and central securities depository license by Swiss regulator FINMA. golder predicted the crypto industry will keep growing through 2022, and he believes many of the ideas will become more institutionalized. Institutions have yet to enter the crypto industry in a big way, and 2022 promises to be a year of change.

Nov. 12， According to an article published in Fortune by Singapore's Wufoo Capital CEO George Ng, there are still four major risks associated with the inclusion of digital cryptocurrencies in investment portfolios, namely: price volatility risk, regulatory risk, security risk and risk of being less friendly to the environment.

Nov. 12 ，JPMorgan analyst Steven Alexopoulos says crypto bank Silvergate Capital is emerging as a fundamentally solid stock with great growth potential in a volatile crypto market. 59% upside from Wednesday's close. He says the bank has the largest number of crypto customers thanks to its real-time payment network, Silvergate Exchange Network, which helps crypto exchanges and institutional investors execute trades around the clock. sen has more than 1,300 digital currency customers, whose deposits have grown nearly sevenfold since 2017 to more than $11 billion. Alexopoulos writes that Silvergate, as a bank purely serving the crypto ecosystem, not only has tremendous growth potential, but also one of the best balance sheets in the industry.

Nov. 12 ，The U.S. Blockchain Political Action Committee (PAC) announced its official launch and plans to raise $300 million to advance and support current and future innovation in digital assets and blockchain in the United States. The U.S. Blockchain PAC seeks to advance U.S. innovation and dominance by challenging all proposed federal legislation, including the bipartisan Infrastructure Investment and Jobs Act (2021), which would impose a regressive tax on cryptocurrency exchanges, digital asset transfers, miners, node operators, bitcoin ATM operators, and software developers.

On Nov 12, Optimism, an Ethernet Layer 2 scaling solution, announced the completion of its EVM (Ethernet Virtual Machine) equivalency upgrade, which will be fully aligned with the EVM specification rather than just compatible, simplifying the development process for developers and reducing transaction costs. Optimism has merged OVM 2.0 changes into its main branch on November 11. Other major OVM 2.0 version improvements include: contracts whose source code has not been verified by Etherscan will be removed along with their storage, contracts whose source code has been verified will be recompiled with the standard Solidity compiler, EOA will no longer be a contract wallet, etc.

Foundry, a subsidiary of Digital Currency Group (DCG) and cryptocurrency mining and consulting firm, announced Wednesday the launch of a new platform called Foundry Staking. The company said the product currently supports 20 blockchain networks and will offer digital asset collateralization and consulting services in the future. So far, the service covers 20 blockchains, including PoS networks such as Horizen, Solana, Helium, Flow, Livepeer, Near Protocol, Provenance and The Graph. Essentially, participants can connect to different networks from Foundry's service to earn PoS rewards, and the company hopes to make pegging PoS networks "more accessible to institutions." 

Nov. 12，According to ConsenSys' Web 3 Q3 2021 report released this week, Ether's vast Web 3.0 ecosystem -- which includes most of DeFi, stablecoin, NFT and the blockchain gaming world -- continues to expand and attract users, with 3.4 million Ether addresses interacting with the DeFi protocol. -continues to expand and attract users, with 3.4 million Ether addresses interacting with the DeFi protocol. As Tether faces increasing regulatory pressure and the supply of stablecoins on ethereum becomes more diverse, USDC and BUSD have grabbed some of USDT's market share, according to the report. DeFi borrowing grew significantly, reaching an all-time high on Sept. 6 with about $24.7 billion in outstanding debt, according to the report. According to ConsenSys, among the top five smart contract platforms TVL, Ether still holds a majority share of 77%, followed by Binance and Solana with 10% and 5% respectively.