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Since the Penpie $PNP IDO launch, its price once surged 5x. Riding on this momentum, Magpie announced it will continue to launch the "Convex" for Radiant $RDNT—Radpie—in the subDAO model. With multiple narratives supporting it, will Radpie be able to replicate or even surpass the returns of PNP?
Amidst a Favorable Regulatory Climate, Canary Capital Advances in the Crypto ETF Space with Litecoin and HBAR Filings
Final Allocations to be Determined by Community Engagement Metrics, Following Rapid Oversubscription
Whale Sparks Market Activity by Withdrawing Over a Billion Tokens as Pump.fun's Buybacks Surpass $150 Million
Unveiling Arc: A New Blockchain Utilizing USDC as Native Gas Token with Major Tech and Financial Giants in the Testing Phase
Enhancing Institutional Yields through Combined Staking and Restaking Services in Linea's zkEVM Layer 2
S&P Global has assigned a "B-" credit rating to bitcoin treasury company Strategy, classifying it as junk debt but with a stable outlook. The Federal Reserve is expected to cut interest rates by 25 basis points, with a possible split in the voting. The Hong Kong Securities and Futures Commission has launched a tender for a virtual asset trading monitoring system. Citi is partnering with Coinbase to explore stablecoin payment solutions. ZEC surged significantly due to halving and privacy topics. Summary generated by Mars AI. The accuracy and completeness of this summary are still being refined and updated by the Mars AI model.
Key indicators (4:00 PM Hong Kong time on October 6 -> 4:00 PM Hong Kong time on October 27): BTC/USD -6.4...
- 02:13The "100% win rate whale" continues to increase long positions, with total holdings surpassing $470 million.BlockBeats News, on October 28, according to HyperInsight monitoring, the "100% win rate whale" continues to increase its long positions. Among them, the 13x leveraged BTC long position has reached $250.7 million, the 10x leveraged ETH long position has reached $194.7 million, and the 10x leveraged SOL long position has reached $25.5 million.
- 01:51Lending protocol 3Jane will launch its mainnet in early November.According to official news reported by Jinse Finance, the unsecured credit lending protocol 3Jane has announced that its mainnet is expected to go live, allowing permissionless funding for USD3 and sUSD3 with an initial cap of approximately $50 million. In the early stage, participation is limited to U.S. residents with total assets exceeding $150,000. Once fully launched, 3Jane will cover more than 50 broad categories of crypto-native assets, encompassing over 10,000 DeFi protocols, with a total value exceeding $250 billion in decentralized finance and crypto assets. Previously, in June, 3Jane completed a $5.2 million seed round led by Paradigm.
- 01:48Hong Kong Monetary Authority: Seven banks hope to launch tokenized deposits within the yearAccording to ChainCatcher, citing a report from Hong Kong media Hong Kong Economic Journal, Zhou Wenzheng, Assistant Chief Executive (Financial Infrastructure) of the Hong Kong Monetary Authority (HKMA), stated that based on the intentions received by the HKMA, seven banks have already expressed their hope to launch tokenized deposits this year. In addition, regarding market rumors that the HKMA will temporarily not advance the retail application of the digital Hong Kong dollar, HKMA Deputy Chief Executive Li Dazhi responded: "We have not ruled out the retail application of stablecoins. We believe there are significant opportunities for using stablecoins in retail, but the actual use cases will still be determined by commercial institutions." Li Dazhi further added that the digital Hong Kong dollar, stablecoins, and tokenized deposits are similar in technical nature, with the only difference being the issuer. The digital Hong Kong dollar is a "public currency," while tokenized deposits and stablecoins are both "private currencies." The digital Hong Kong dollar and tokenized deposits tend to use private chains, while stablecoins are mostly issued on public chains.