SoSo Daily Nov 17 | Thala: Has reached an agreement with the attacker to restore all user assets with a bounty of 300 thousand USD.

According to sosovalue, the price of $BTC is 90,529 USD, a decrease of 0.552% from yesterday. The market cap of $BTC is 1.79 trillion USD, accounting for 56.4% of the total market cap; $BTC's 24-hour trading volume is 50.40 billion USD, making up 24% of the total trading volume.
The price of $ETH is 3,132.1 USD, up 1.36% from yesterday; the market cap of $ETH is 377.18 billion USD, representing 11.9% of the total market cap; $ETH's 24-hour trading volume is 27.21 billion USD, comprising 13% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 68.3% of the total cryptocurrency market cap, and their combined trading volumes constitute 37% of the total trading volume.

After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 23:50 UTC0 time, according to sosovalue, the top five token gainers are:
Top 1 gainer is Sologenic. As of 23:50 today, its market cap is 139.72M, with a coin price of 0.35000 USD, witnessing a 24-hour increase of 120%.
The second is Clover Finance. As of 23:50 today, its market cap is 108.29M, with a coin price of 0.10829 USD, witnessing a 24-hour increase of 93.7%.
The third is district0x. As of 23:50 today, its market cap is 47.93M, with a coin price of 0.063800 USD, showing a 24-hour increase of 72%.
In fourth place is XDC Network. As of 23:50 today, its market cap is 706.06M, its coin price is 0.047290 USD, with a 24-hour rise of 53.5%.
In fifth place is Stellar. As of 23:50 today, its market cap is 6.51B, its coin price is 0.21740 USD, increasing by 49.9% over the last 24 hours.


Moving on, let's take a look at the sector performance in the crypto market.
According to sosovalue, out of 16 sectors, 14 are up and 2 are down. Notably, PayFi, GameFi, and Layer2 sectors are worth mentioning.
PayFi sector has risen 21.9% relative to the UTC 0 time, led by gains in CLV (89.8%), XLM (50.1%), and XRP (25.4%).
GameFi sector has increased 9.58% relative to UTC 0, with SAND (36.1%), MANA (25.3%), and POLIS (21.6%) leading the rise.
Layer2 sector has risen 9.08%, with ARB (19.6%), POL (14.3%), and LRC (13.6%) leading the rise.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:According to reports, Aptos ecosystem DeFi project Thala has released the latest announcement: due to a security vulnerability in the latest V1 liquidity pool contract, assets worth 25 million USD were stolen. Thala has currently suspended all related contracts and frozen Thala token assets (9 million USD MOD and 2.50 million USD THL). With the assistance of other organizations, an agreement has been reached with the attacker to recover all user assets through a 300 thousand USD bounty. Affected users do not need to take any further action, and their positions will be restored to 100%. However, all related contracts and the Thala frontend will remain suspended until deemed completely secure.
Next news:Ethereum price breaks through 3200 USDT, reaching a new high.
Next news:Michael Saylor’s unorthodox decision to hold Bitcoin instead of cash on MicroStrategy Inc.’s books has vaulted the once obscure software maker into the upper echelon of the wealthiest corporations when it comes to financial assets. The Tysons Corner, Virginia-based firm’s approximately $26 billion Bitcoin cache is larger than the cash and marketable securities of global market leaders such as International Business Machines Corp., Nike Inc. and Johnson & Johnson, according to data compiled by Bloomberg. Only about a dozen companies, led by Apple Inc. and Alphabet Inc., hold more assets in their corporate treasuries.
Next news:Weekly Project Updates: Linea Plans to Launch Token in Q1 Next Year, Movement Set to Launch Mainnet, Over $10 Million Stolen from On-Chain Trading Tool DEXX, etc
Next news:

According to SoSoValue, as of November 15th (Eastern Time), Bitcoin spot ETFs experienced a total net outflow of $370.10M.

Yesterday, Grayscale's ETF GBTC had a net outflow of $22.54M, bringing GBTC's total historical net outflow to $20.27B.

Grayscale Bitcoin Mini Trust ETF $BTC had a net outflow of $ 47.04M，bringing Grayscale Bitcoin Mini Trust ETF $BTC's total historical net inflow to $594.02M.

As of this writing, the total net asset value of Bitcoin spot ETFs stands at $95.41B, with the ETF net asset ratio (the market value relative to the total market value of Bitcoin) reaching 5.27%. The historical cumulative net inflow has reached $27.46B.

Source: https://sosovalue.com/assets/etf

Next news:Sun Yuchen withdrew approximately $440 million worth of tokens from JustLendDAO 15 minutes ago and transferred 4.50 million USDT to HTX.
Next news:Ripple's native currency, XRP, surged by more than 17% on November 15, based on expectations of a friendlier regulatory climate in the US.
Next news:According to a post by Cointelegraph on the X platform, during the market sell-off, BlackRock's spot ETF purchased 1,490 $BTC and 6,080 $ETH on November 15.
Next news:According to Lin Chen, the Head of Business Development for Deribit in the Asia-Pacific region, a certain investor today sold 375 $BTC worth of year-end $90,000 Bitcoin put and call options, generating an income of $4.96 million. The investor is shorting volatility, with a profit range of $78,000 to $105,000, achieving a coin-based return of 14.2%.
Next news:AscendEX (formerly BitMax) will launch @DOGE (ATDOGE) on November 16 at 13:00, opening the ATDOGE/USDT trading pair, and recharge is now available. AscendEX (formerly BitMax) is the first and most comprehensive trading platform for Memecoins in the entire network. The Meme Research Institute team under the platform selects quality Memes based on on-chain data and project backgrounds for listing, achieving a high initial listing rate of 80% for Memecoins. Trade Memecoins on AscendEX.

Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.