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The Curve community has initiated a proposal to "close all Elixir market Gauges" and plans to stop distributing CRV tokens to the related pools.
Foresight News reported that Curve community member LlamaRisk has initiated a proposal to "disable all Elixir market Gauges." According to the proposal, shutting down the gauges for the relevant pools can prevent CRV emissions from flowing into the corresponding emission pools. The proposal points out that the DeFi protocol Elixir, which is behind the synthetic stablecoin deUSD (and its staked derivative sdeUSD), officially ceased issuance and redemption of these two tokens from November 6 to 7, 2025. The main reason is the collapse of its primary trading partner, Stream Finance.
Foresight News reported that Curve community member LlamaRisk has initiated a proposal to "disable all Elixir market Gauges." According to the proposal, shutting down the gauges for the relevant pools can prevent CRV emissions from flowing into the corresponding emission pools. The proposal points out that the DeFi protocol Elixir, which is behind the synthetic stablecoin deUSD (and its staked derivative sdeUSD), officially ceased issuance and redemption of these two tokens from November 6 to 7, 2025. The main reason is the collapse of its primary trading partner, Stream Finance.
21Shares submits Form 8(A) to the US SEC for proposed XRP spot ETF
Kyo Finance completes $5 million Series A funding round, led by Castrum Istanbul and others
Foresight News reported that Kyo Finance has announced the completion of a $5 million Series A funding round, reaching a valuation of $100 million. This round was led by Castrum Istanbul, TBV, and BZB Capital. Its core objective remains to establish a single liquidity layer to eliminate the boundaries and complexities of decentralized finance (DeFi).
Foresight News reported that Kyo Finance has announced the completion of a $5 million Series A funding round, reaching a valuation of $100 million. This round was led by Castrum Istanbul, TBV, and BZB Capital. Its core objective remains to establish a single liquidity layer to eliminate the boundaries and complexities of decentralized finance (DeFi).
JPMorgan's total holdings of IBIT have reached 5.28 million shares, with a 64% increase in holdings in the third quarter.
Foresight News reported that JPMorgan disclosed in its 13F filing that it significantly increased its investment in spot Bitcoin ETFs during the third quarter, adding approximately 2.07 million shares of BlackRock's iShares Bitcoin Trust (ticker: IBIT). As of September 30, JPMorgan's total holdings in IBIT reached 5.28 million shares, with a quarter-end valuation of about $333 million, and currently around $312 million. This represents a 64% increase compared to the 3.22 million shares held in June.
Foresight News reported that JPMorgan disclosed in its 13F filing that it significantly increased its investment in spot Bitcoin ETFs during the third quarter, adding approximately 2.07 million shares of BlackRock's iShares Bitcoin Trust (ticker: IBIT). As of September 30, JPMorgan's total holdings in IBIT reached 5.28 million shares, with a quarter-end valuation of about $333 million, and currently around $312 million. This represents a 64% increase compared to the 3.22 million shares held in June.
Clanker: Creators will have permanent control over fees, changes will take effect on November 13
Foresight News: According to an official announcement from Clanker, Clanker will permanently return the control of fees collected in Clanker tokens to creators. Creators can choose to claim or burn these fees, providing their communities with greater flexibility to foster growth. This change will take effect on November 13, 2025, and aims to better align with Clanker's most successful projects.
In addition, the official statement noted that they currently hold over 1% of the CLANKER supply. Today, they purchased a total of 2,233 CLANKER tokens, of which 1,644 CLANKER were acquired for $133,047, using two-thirds of the Clanker protocol fees; the remaining 589 CLANKER were obtained through liquidity fees. They now hold a total of 10,349 CLANKER tokens.
Foresight News: According to an official announcement from Clanker, Clanker will permanently return the control of fees collected in Clanker tokens to creators. Creators can choose to claim or burn these fees, providing their communities with greater flexibility to foster growth. This change will take effect on November 13, 2025, and aims to better align with Clanker's most successful projects.
In addition, the official statement noted that they currently hold over 1% of the CLANKER supply. Today, they purchased a total of 2,233 CLANKER tokens, of which 1,644 CLANKER were acquired for $133,047, using two-thirds of the Clanker protocol fees; the remaining 589 CLANKER were obtained through liquidity fees. They now hold a total of 10,349 CLANKER tokens.
Christopher Hui, Secretary for Financial Services and the Treasury of Hong Kong: The next step will be to consider applying technology to existing products.
Foresight News reported that according to the Hong Kong Government News Gazette, Christopher Hui, Secretary for Financial Services and the Treasury, stated that there has been very positive and rapid market response and feedback regarding the application of AI, blockchain, and tokenized products. The next step will be to consider applying these technologies to some existing products, such as potential sources of long-term income like charging stations, and how to transform these long-term revenues into tokenized investment products so that investors can participate. Through blockchain, long-term income (such as the ongoing pilot of long-term charter income) can be turned into a certifiable income stream for investors to invest in.
Foresight News reported that according to the Hong Kong Government News Gazette, Christopher Hui, Secretary for Financial Services and the Treasury, stated that there has been very positive and rapid market response and feedback regarding the application of AI, blockchain, and tokenized products. The next step will be to consider applying these technologies to some existing products, such as potential sources of long-term income like charging stations, and how to transform these long-term revenues into tokenized investment products so that investors can participate. Through blockchain, long-term income (such as the ongoing pilot of long-term charter income) can be turned into a certifiable income stream for investors to invest in.
Peer-to-peer bitcoin trading protocol Rift secures $8 million in funding from Paradigm
Foresight News reported that the peer-to-peer bitcoin trading protocol Rift has announced an $8 million funding round led by Paradigm to promote the development of native bitcoin trading on Ethereum and other platforms.
Foresight News reported that the peer-to-peer bitcoin trading protocol Rift has announced an $8 million funding round led by Paradigm to promote the development of native bitcoin trading on Ethereum and other platforms.
Hourglass: The KYC link for the second phase of the Stable pre-deposit vault is expected to be released before 7:59 on November 9.
Foresight News reported that Hourglass stated in an article that the KYC link for the second phase of the Stable pre-deposit vault is expected to be released before 7:59 on November 9 (UTC+8). After the link is released, users will have 72 hours to complete KYC verification.
Foresight News reported that Hourglass stated in an article that the KYC link for the second phase of the Stable pre-deposit vault is expected to be released before 7:59 on November 9 (UTC+8). After the link is released, users will have 72 hours to complete KYC verification.
Stables Labs: USDX recovery plan launched, claim registration window now open
Foresight News reported that Stables Labs stated, "Recently, due to market liquidity conditions and liquidation dynamics, the market price of USDX has deviated from its reference value. The stability mechanism of USDX is supported by collateralized positions and hedging strategies, but under extreme market conditions, adjustments to these mechanisms may experience certain delays. The team has now initiated a 'recovery arrangement' aimed at providing affected holders with a recovery path referenced to a value of $1, subject to resource availability. This arrangement is voluntary in nature and does not constitute any form of guarantee, redemption obligation, deposit-taking, or collective investment product. To ensure transparency and verifiability, the balances of affected holders will be determined through on-chain snapshots, and the recovery progress will be disclosed in phases, with progress being made public and verifiable."
Foresight News reported that Stables Labs stated, "Recently, due to market liquidity conditions and liquidation dynamics, the market price of USDX has deviated from its reference value. The stability mechanism of USDX is supported by collateralized positions and hedging strategies, but under extreme market conditions, adjustments to these mechanisms may experience certain delays. The team has now initiated a 'recovery arrangement' aimed at providing affected holders with a recovery path referenced to a value of $1, subject to resource availability. This arrangement is voluntary in nature and does not constitute any form of guarantee, redemption obligation, deposit-taking, or collective investment product. To ensure transparency and verifiability, the balances of affected holders will be determined through on-chain snapshots, and the recovery progress will be disclosed in phases, with progress being made public and verifiable."