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Hello. This is Bithumb, the No.1 virtual asset platform. Due to the SEI network upgrade, the deposit and withdrawal service for Oasis (OAS) will be temporarily suspended. Target Virtual Asset Oasis (OAS) Reason for Deposit and Withdrawal Suspension Suspension of deposit and withdrawal service for Oasis (OAS) due to SEI network upgrade support work Article 17, Clause 1 of the Virtual Asset User Protection Act Enforcement Decree Deposit and Withdrawal Suspension Time Scheduled for 2024.11.18 (Mon) 11:00 AM Service Restriction Scope Oasis (OAS) virtual asset deposit and withdrawal Detailed Information OAS Hard Fork Upgrade Expected Time: 2024.11.18 (Mon) 17:00 KST Reference URL: View detailed upgrade information > ※ Notes The expected time for the network upgrade may change depending on the network conditions and block generation speed. Deposits made after the deposit and withdrawal service suspension may be lost, and the part that can be checked by the relevant party is very limited, so please deposit virtual assets after the deposit and withdrawal service is resumed. Virtual assets deposited during the suspension of deposit and withdrawal will be automatically reflected after the deposit and withdrawal service is resumed. If you applied for withdrawal before the suspension but the withdrawal was not completed by the time of suspension, it will be processed sequentially after confirming the system of the relevant party, so the reflection process within the member account may be delayed. Transactions can be used normally during the suspension period, but rapid market changes may occur during this period, so please be cautious in trading. The deposit and withdrawal service is expected to be resumed as the network stability is confirmed, and we will inform you through this announcement when it is resumed. Bithumb will always strive for convenient and safe trading for our members. Thank you.

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The results of the U.S. presidential election and regulatory easing measures are expected to accelerate institutional capital inflows. Discussions on virtual asset taxation were held at the National Assembly Planning and Finance Committee. At the Upbit D Conference 2024, discussions on the expansion and transformation of blockchain took place. NH Nonghyup has finalized an agreement with the provider of Ethereum infrastructure, Fireblocks. Mask Tesla CEO's remarks have heightened the interest of investors in Fifth Dust Pearl. The Bitcoin option futures contract is recording an all-time high, stimulating market upward trends. Binance has selected the 61st Launchpool project to start AirDrop. Bitcoin and Ethereum physical ETFs have each attracted $5.14 billion and $1.48 billion in capital inflows. With the U.S. presidential election results, Trump’s election has brought in $85 billion in betting money. Trump's election is expected to revitalize the virtual asset market with regulatory easing measures.

According to the virtual asset data provider Alternative on the 15th, the virtual asset fear·greed index recorded 80 points, 8 points lower than the previous day. However, the extreme greed level continued. As of 9:40 AM on this day, the current Bitcoin is trading at 8,814,300 won, 2.06%% lower than the previous day on the CoinMarketCap. Altcoins are also showing signs of decline. At the same time, Ethereum (ETH) fell by 3.50%% compared to the previous day, and Solana also dropped by 2.04%%. Other coins like Binance Coin (+1.70%%), Ripple (+14.69%%), Dogecoin (-4.27%%), ADA (+2.36%%), and Tron (-0.67%%) showed mixed results. The fear·greed index is produced based on indicators such as volatility (25%%), trading volume (25%%), social media (15%%), surveys (15%%), Bitcoin dominance (10%%), and Google search volume (10%%), expressing the market sentiment with a scale from 0 (extreme fear) to 100 (extreme greed).

Image=Chris Giancarlo After Donald Trump's administration solidified its grip, the eyes of the cryptocurrency community are on the next Securities and Exchange Commission (SEC) chairman. This is because Trump promised the resignation of Gary Gensler, the SEC chairman who strongly regulated the cryptocurrency industry during his term. In this context, Chris Giancarlo, known as 'Crypto Dad', the former chairman of the Commodity Futures Trading Commission (CFTC), is being discussed as a candidate for the next SEC chairman. According to Cointelegraph, a cryptocurrency specialist media outlet, on the 14th (local time), Chris Giancarlo, former CFTC chairman, stated through X (Twitter), "I have already dealt with the chaos of Gary Gensler at the CFTC and I don't want to do that again," referring to himself. He further added, "The rumors about my involvement in the U.S. Treasury's cryptocurrency-related roles are not true." Chris Giancarlo served as a CFTC commissioner from June 2014 to April 2019, and later as the acting chairman of the CFTC from January 2017 to August 2017. During his term, he showed a friendly attitude towards blockchain, earning the nickname 'Crypto Dad' in the community. Therefore, cryptocurrency users are hoping for his appointment as the SEC chairman.

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