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The experience of Solana teaches us that "governments" should not direct the development of "enterprises."
The large-scale JST buyback and burn plan has been launched, injecting protocol net income into a deflationary model to build a sustainable "value flywheel."
Digital intelligence acquires physical entities, integrating thought and action in the field of robotics.
After a 22-day government shutdown, the United States is finally set to release an economic report, but economists are not optimistic and expect an inflation warning to be triggered.
Bitcoin and Ethereum ETFs saw $120M in outflows on Oct. 22, signaling cautious investor sentiment.Bitcoin ETF Outflows Take the LeadEthereum Also Faces Pressure
Bitcoin breaks past $109,000, reinforcing bullish market momentum and renewed institutional confidence.Bitcoin Surges Past $109K in Historic MoveWhat’s Driving the Bitcoin Rally?What Comes Next? Eyes on $120K
- 12:06Fal.ai, founded by a former exchange engineer, completes $250 million financing with participation from Sequoia Capital and othersJinse Finance reported that Fal.ai, a digital content hosting platform founded by former exchange engineer Burkay Gur and others, announced the completion of a $250 million financing round, with participation from Kleiner Perkins, Sequoia Capital, and others. To date, its total financing has reached $450 million. Early investors also include Andreessen Horowitz, Bessemer Venture Partners, and First Round Capital. Fal.ai is a hosting platform that currently mainly hosts digital content such as images, videos, and audio. The new funds are intended to bridge the gap between complex model infrastructure and real-world scalable applications.
- 11:58Caixin: Hong Kong's first Solana spot ETF does not include stakingChainCatcher news, according to a report by Caixin, the Hong Kong Securities and Futures Commission has approved the listing of the "China Asset Management Solana ETF" on the Hong Kong Stock Exchange. Although Hong Kong regulations already allow spot virtual asset ETFs to provide staking services, the issuance of the China Asset Management Solana ETF does not include staking. Industry insiders revealed that this may be due to a previous incident where staking service provider Klin was suspected of being hacked, which led to a theft incident at SwissBorg, a Switzerland-based cryptocurrency platform. This has prompted Hong Kong regulators to believe that the staking function still requires more cautious evaluation.
- 11:50Data: A certain wallet heavily bought $6.28 million worth of LINK at the pre-crash high on 10.11, then sold at a loss, losing $1.096 million.According to ChainCatcher, on-chain analyst Ai Aunt (@ai_9684xtpa) monitored that address 0xCEd...837b9 heavily invested $6.28 million in LINK at the market peak before the crypto flash crash on October 11. After holding for two weeks, the position was sold at a loss, resulting in a final loss of $1.096 million. This address bought 293,000 LINK at an average price of $21.4 between 00:50 and 01:14 on October 11. Just four hours later, the price of LINK plummeted to $7.9, causing the assets to shrink by 63% instantly. Two hours ago, the address sold at an average price of $17.55, still incurring an 18% loss.