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The airdrop also involved controversial addresses, including individuals linked to insider trading scandals and large holders with abnormal behavior, which further intensified the community's trust crisis and exposed the project to the risk of class action lawsuits.
How does the x402 Foundation turn a single line of code into the golden key for AI payments?
The rise of Sun Wukong not only represents Justin Sun’s strategic positioning in the decentralized contract sector once again, but also symbolizes the resurgence of the Chinese DEX narrative.
In Brief JPYC Inc. released Japan's first legally recognized yen-backed stablecoin, JPYC. JPYC operates on multiple blockchains and aims to reach 10 trillion yen circulation. Japanese tech and finance firms support JPYC’s integration into various ecosystems.
In Brief Tokenomist data reveals $653 million in coin releases from October 27 to November 3. SUI, GRASS, and SIGN coins will see significant market supply increases. Daily releases continue for major projects like Solana, Worldcoin, and Dogecoin.
In Brief Ant Group applied for AntCoin trademark in Hong Kong, signaling digital finance aspirations. The company's move could align AntCoin with new stablecoin regulatory framework. AntCoin indicates Ant Group's strategic integration of traditional finance and blockchain.
In Brief ClearBank joins CPN for enhanced blockchain-based payments with Circle integration. Collaborative efforts focus on stablecoin-regulated international transfers. Innovations expected to reduce costs and dependency on traditional systems.
Fed rate decision, Big Tech earnings, and US-China talks to shape markets this week.Fed Rate Decision Takes Center StageBig Tech Earnings: Microsoft, Alphabet, Meta, Apple, AmazonTrump-Xi Meeting Adds Geopolitical Weight
- 14:03US crypto stocks and quantum computing concept stocks collectively rise at market openJinse Finance reported that U.S. stocks related to cryptocurrency and quantum computing concepts collectively rose at the beginning of trading. Certain exchanges, BMNR, and SBET increased by more than 4%, while Strategy, Bitfarms, and IREN rose by more than 3%. IONQ and QBTS surged over 5%, and RGTI, QUBT, and ARQQ gained more than 4%.
- 13:50Prenetics, backed by David Beckham, raises $46.8 million to advance its Bitcoin vault strategyJinse Finance reported that health technology company Prenetics (PRE) has completed an oversubscribed equity financing of $46.8 million, which will be used to globally expand its health brand IM8 and accelerate its bitcoin vault strategy. If all warrants are exercised, the total financing amount could reach $212 million. Investors include a certain exchange, Exodus, and others.
- 13:50Spot silver drops over 3.00% intradayJinse Finance reported that spot silver has dropped more than 3.00% intraday, currently quoted at $47.10 per ounce. New York silver futures have fallen 3.00% intraday, currently quoted at $47.13 per ounce.