比推周末回顾 · 226

[Comparative Weekend Review] 21Shares submitted an XRP spot ETF application to the US SEC to begin the review period; J.P. Morgan took a stake in Bitmine, the leading Ethereum reserve company, with a market value of US$102 million; the US CFTC may allow the use of stablecoins as tokenized collateral in the derivatives market

Weekly News Review: [21Shares submits Form 8 (A) for the XRP Spot ETF to be launched with the US SEC] Bloomberg ETF analyst Eric Balchunas posted on social platforms that 21Shares submitted a new Form 8 (a) to the US SEC to issue its XRP spot ETF. The application is subject to a 20-day review period. [J.P. Morgan takes a stake in Bitmine, the leading Ethereum reserve company, with a market value of US$102 million] According to Jin10, the 13F-HR position documents submitted by J.P. Morgan Chase to the US Securities and Exchange on November 7 showed that as of September 30, the bank held 1,974,144 shares of Bitmine Immersion Technologies, the world's largest Ethereum reserve company, with a market value of US$102 million. Bitmine, originally a Bitcoin miner, was transformed into an Ethereum reserve company in 2025. Currently, it holds more than 3.24 million Ethereum, ranking first in the world in terms of scale. [The US CFTC may allow the use of stablecoins as tokenized collateral in the derivatives market] In comparison, according to a CoinDesk report, according to people familiar with the matter, the US Commodity Futures Trading Commission (CFTC) is formulating a tokenized collateral policy, which is expected to be introduced early next year. The policy may allow the use of stablecoins as acceptable tokenized collateral in the derivatives market. It may first be piloted by US clearing houses and implement stricter regulations, requiring disclosure of more information, such as position size, large traders and trading volume, and more detailed reporting of operational events. [Zhao Changpeng: No personal relationships with Trump, no business dealings with WLFI] In an interview with Fox News today, Zhao Changpeng said in an interview with Fox News today that there was “a slight surprise; you never know if or when” the amnesty (amnesty) will happen. I've never met or talked to Trump. Zhao Changpeng said he would love to meet Trump, which would be a great honor. Additionally, Zhao Changpeng also said that he had met Eric Trump once at the Bitcoin conference in Abu Dhabi. The report “through a deal with WLFI in exchange for an amnesty” was untrue news, and there was no transaction or discussion. There have never been any negotiations. I have no business relationship with WLFI. [OpenAI was revealed to request a loan guarantee from the White House, which contradicts the CEO's public statement] According to Decrypt, an 11-page letter submitted by OpenAI to the White House Office of Science and Technology Policy on October 27 was made public. The letter clearly requested the government to provide loan guarantees and direct funding to support AI infrastructure construction. However, just 10 days later, CEO Sam Altman publicly stated on social media that “OpenAI doesn't need and doesn't want government guarantees” and emphasized that “taxpayers should not pay for the company's wrong business decisions.” Earlier, Sarah Friar, chief financial officer of OpenAI, mentioned in the Wall Street Journal event that federal “guarantees” could reduce AI infrastructure financing costs, and then quickly withdrew her remarks due to controversy. This incident once again raised questions about Altman's transparency, and is reminiscent of his past brief dismissal in November 2023 for “inconsistent honesty.” [Su Binghai, who missed the net in Singapore's biggest money laundering case, was confiscated about 260 million yuan of assets in the UK] According to Caixin, Su Binghai, the biggest launderer in Singapore's money laundering case, was confiscated about 260 million yuan in assets in the UK, including 9 London apartments (about 140 million yuan) and dinosaur fossils (about 116 million yuan). The case involved S$3 billion (approximately RMB 16 billion). Previously, another suspect, Wang Shuiming, had been arrested in Montenegro, and partner So Weiyi was accused of being the mastermind behind the Hong Kong crypto platform Atom Asset Exchange scam. [Coinbase official post suggests the Launchpad platform may be launched] Comparing the news, Coinbase officially posted a video on the X platform with the caption: “It doesn't have to be that way.” According to video content and comments section information, it may be suggested that its Launchpad platform will be launched on November 10. [US Treasury...

285d agoburnking#Comparative weekend review

[Comparative Weekend Review] Trump nominated Michael Selig, chief legal adviser to the SEC Crypto Task Force as CFTC chairman; Trump said at a private party that cryptocurrencies may solve the $35 trillion US debt problem; Bloomberg: Since the US introduced regulatory laws, the share of stablecoins used for payments has surged 70%

Top news review of the weekend: [Trump appoints Michael Selig, chief legal adviser to the SEC Crypto Task Force, as CFTC Chairman] According to Bloomberg, an anonymous government official revealed that President Donald Trump has nominated Michael Selig as the chairman of the Commodity Futures Trading Commission (CFTC). Michael Selig is the chief legal adviser to the US Securities and Exchange Commission (SEC) Cryptocurrency Working Group and has been an assistant to SEC Chairman Paul Atkins. Throughout this time, Michael Selig has been working to coordinate the SEC and CFTC's approach to align it with all sectors of the financial and cryptocurrency industry. Earlier in his career, Michael Selig was a partner in Willkie Farr & Gallagher's asset management business. [Trump says at a private party that cryptocurrency may solve the $35 trillion US debt problem] In comparison, according to a Bitcoinist report, Trump said at a private party that cryptocurrencies “have a bright future (great future)” and hinted that the US might be able to solve the $35 trillion US debt problem. According to the leaked video, Trump said, “I'll write on a small note: $35 trillion in cryptocurrencies, we have no debt.” Notably, this isn't the first time Trump has hinted at using digital assets to eliminate growing US debt; he has publicly stated many times that Bitcoin can be used to “save America.” [Ethereum treasury company EthZilla discloses an increase in ETH holdings to 10,2916 and will release Q3 financial report on November 14] Comparative news, Ethereum treasury company EthZilla released updated ETH holdings data on the X platform. As of this week, the company's ETH holdings have increased to 10,2916, worth about US$394 million, MNaV is 0.62. In addition, the company also announced that it will release 2025 before the US stock market opens on November 14 Financial results report for the third quarter of the year. [Zhao Changpeng: Kyrgyzstan's national stablecoin will be launched on BNB Chain] Comparing news, Zhao Changpeng posted an article on the X platform disclosing some matters of his visit to Kyrgyzstan, including: 1. Kyrgyzstan's national stablecoin will be launched on BNB Chain; 2. The central bank of Kyrgyzstan digital currency (CBDC) is ready to be launched; 3. Binance Academy cooperates with 10 top universities; 4. The Binance App is fully localized into the Kyrgyz language. [Ferrari plans to launch the digital token “Token Ferrari 499P”] In comparison, world-renowned racing and sports car brand Ferrari announced plans to launch a digital token “Token Ferrari 499P” to allow fans to bid for the Le Mans Endurance Championship model, the Ferrari 499P. The token will be launched for Hyperclub members, and holders will be able to trade with each other and participate in exclusive auctions. [Bloomberg: Since the introduction of the US regulatory bill, the proportion of stablecoins used for payments has surged 70%] According to Bloomberg, since the US passed the first regulatory bill targeting the cryptocurrency industry, the rate at which consumers and businesses use stablecoins (digital tokens linked to the US dollar) to make real-world purchases and payments is rapidly accelerating. According to a report by blockchain data provider Artemis, stablecoin transactions for goods, services, and transfers surpassed $10 billion in August 2025, compared to $6 billion in February this year, more than double the volume traded in August 2024. At this rate of growth, the stablecoin could reach $122 billion in annual payments, according to Artemis researchers. [Binance hired a close friend of Trump's eldest son to lobby the White House and paid the company $450,000 in January] According to Politico, North Carolina lobbyist Ches McDowell, the hunting partner of Trump's eldest son Donald Trump Jr. (Donald Trump Jr.), is becoming one of the most profitable lobbyists in Washington...

299d agoburnking#Comparative weekend review

[Comparative Weekend Review] Stablecoin protocol Raft: A comprehensive recovery plan is being prepared, and details will be released within a week to compensate affected users; former FTX executives are teaming up to establish a new cryptocurrency exchange; PikaProtocol announced the suspension of the use of Pika tokens

A review of key news from the weekend: [Arbitrum Nova's total hedging volume exceeded 25 million US dollars, a record high] According to L2beat data, Arbitrum Nova's total hedging volume (TVL) has surpassed 25 million US dollars, a record high, with an increase of 11.15% over the past seven days. Meanwhile, according to the latest data from Dune Analytics, the total amount of ETH stored by Arbitrum Nova is close to 20,000, the total number of on-chain transactions is about 190,000, and the number of bridged independent user addresses has exceeded 150,000. [XRP Lawyer: The amount of fines Ripple will pay is far less than US$770 million] Compared to Twitter, XRP lawyer John Deaton believes that the amount of fines Ripple will pay will be far less than US$770 million. He stressed that according to the Supreme Court's ruling, the money recovered is not punitive and must not exceed the “net profit” of sales. The company can deduct legitimate business expenses. The legal lawsuit Ripple faces isn't mainly about fraud, but rather about regulatory differences. The essential difference in this legal dispute is critical, as the focus shifts from punitive measures to regulatory compliance. [Stablecoin Protocol Raft: A full recovery plan is being prepared, and details will be released to compensate affected users within a week] In comparison, Stablecoin Protocol Raft posted an article on the X platform stating that it is formulating a comprehensive recovery plan and will publish details next week to compensate users affected by the incident. Currently, the Raft smart contract has been suspended, but all stablecoin R miners can still fully repay their positions to recover their collateral. [Former FTX executives are teaming up to establish a new cryptocurrency exchange] According to the Wall Street Journal, some former FTX executives, including FTX's former general counsel Can Sun, are teaming up to establish a new cryptocurrency exchange with the aim of solving the problems that led to the bankruptcy of their former employer. Can Sun testified as a key witness in the Sam Bankman-Fried criminal trial. [SaucerSwap V2 will be launched on November 17 UTC] In comparison, SaucerSwap Labs posted an article on the X platform stating that SaucerSwap V2 will launch on Friday, November 17 at 9:30 p.m. UTC time. This update includes: centralized liquidity; MetaMask support; LARI (Liquidity Rewards Program); Tokenomics V2; new web apps, etc. [PikaProtocol Announces Suspension of PIKA Tokens] In comparison, Optimism's ecological decentralized perpetual contract agreement Pika Protocol announced on its official website that it has decided to stop using PIKA tokens based on community feedback and plans to continue operating the agreement without a native token. Under the new arrangement, PIKA holders are entitled to exchange PIKA at a fixed exchange rate of approximately 0.0001632 ETH (equivalent to $0.34) per PIKA. Currently, Pika Protocol has deployed all 3,538 ETH to UniSwap v3. PIKA's redemption period is for the next six months. After the redemption period ends, any remaining liquidity will be reused for protocol development. Author: BitPushNews Katie Lin For more information, please join: Twitter: https://twitter.com/BitpushNewsCN比推 Discord Community: https://discord.com/invite/QSvv7MZ2tz比推 TG Community: TG Community: TG Subscriptions: https://t.me/BitPushCommunity比推 https://t.me/bitpush本文来自比推https://www.bitpush.news/articles/4096581，文章转载需注明出处...

1013d agokatielin#Comparative weekend review

[Comparative Weekend Review] OpenSea cut 50% of employees and will reposition the team around “OpenSea 2.0”; Yuga Labs will cooperate with Magic Eden to launch a new Magic Eden ETH market; Monero CCS wallet is suspected to have been stolen, losing 2675.73 XMR

BiTwee Weekend Key News Review: [Lido Approves Proposal to Use Obol's Decentralized Staking Module] Bituo News, the liquid staking protocol Lido Finance voted to approve a proposal on November 3 and passed it with an approval rating of over 99%. The proposal uses simple distributed validator technology from the Obol Network. “This vote marks support for the advancement of this new module. This will be Lido's first module to use Obol DV on the Ethereum mainnet,” Obol Labs said on Twitter. “This module represents an important step for the Lido Node Operator Collection towards strong diversification and decentralization.” [OpenSea will lay off 50% of employees and will reposition the team around “OpenSea 2.0”] Comparing news, the NFT marketplace OpenSea confirmed on Friday that it has fired about half of its employees. Devin Finzer, co-founder and CEO of OpenSea, said: “We're repositioning our team around 'OpenSea 2.0', which is a major upgrade to our products, including the underlying technology, reliability, speed, quality, and experience. We're changing the way we operate, moving to smaller teams and connecting directly with users”. A spokesperson added that OpenSea will adopt a flatter organizational approach. Employees affected by the layoffs will receive 4 months of severance pay, 6 months of healthcare and mental health services, and accelerated equity redemption. Previously, due to the cold crypto winter and macroeconomic instability, OpenSea cut 20% of its employees in July last year. [The transaction fee for Ordinals inscriptions exceeds 2,150 BTC, and the number of coins minted has increased markedly in the past 10 days] According to Dune data, the total number of Bitcoin NFT protocol Ordinals inscriptions minted has exceeded 37 million, reaching 37,291,753 pieces. The current total transaction fee is 2,155.6028 BTC (about 75,009,930 US dollars). In addition, the data shows that the casting volume of Ordinals inscriptions has improved markedly in the past 10 days compared to the period from late September to late October. [BRC-20 Founder Releases Security Improvement Proposal, Fraction Feature Added] In comparison, BRC-20 founder Domo released a security improvement proposal and proposed a new core feature called “fraction”, which aims to improve the token transfer experience for all users. domo said that since simplicity is the basic principle of the BRC-20 standard, the proposal to introduce additional core functionality was made after careful consideration and application is not mandatory. Domo said that BRC-20 currently has an issue where the current protocol allows anyone to create transmission inscriptions sent to any address. Although this accessibility is the foundation of the inscription tool application, it also opens the door for potential attackers to destroy users' balances and disrupt their activities. By incorporating the fraction function directly into the brc-20 protocol, specific validity conditions can be enforced on the transmission. The measure is designed to deter attackers by making it more difficult and costly to perform such disruptions. [Yuga Labs will partner with Magic Eden to launch a new Magic Eden ETH market] In comparison, Yuga Labs published an article on the X platform announcing that it will launch a new Magic Eden ETH market in partnership with Magic Eden. Yuga Labs calls it the first ETH marketplace that contractually promises to respect creator royalties, and the market will launch at the end of 2023. [Monero CCS wallet suspected to have been stolen, losing 2675.73 XMR] According to Monero Github, 2675.73 XMR (about 460,000 US dollars) of Monero's community crowdfunding wallet (CCS) was emptied before September 1 this year, and the specific reason is still unknown. Here's a timeline of events: On April 12, 2020, founder fluffypony (Riccardo Spagni) created a new CCS wallet and shared the key with Luigi. Luigi accessed the CCS wallet through the Wire app and GPG-encrypted email; on August 3, 2021, after Fluffypony was arrested, most of the CCS wallet balance was transferred by Luigi to the hot wallet in order to cope with this incident; on May 10, 2023, the last transfer was made by Luigi from the CCS wallet...

1020d agokatielin#Comparative weekend review

[Comparative Weekend Review] BNB Chain launches multi-signature wallet service; UniSAT wallet: BRC-20 Swap launched, supports 14 types of Bitcoin inscription assets; Stars Arena: Chill Pill is no longer CEO

BiTwee Weekend Key News Review: [BNB Chain Releases Multi-signature Wallet Service] According to Bitui news, BNB Chain has deployed a multi-signature wallet service based on the Gnosis Safe protocol on BSC and OpBnB. It provides users with a safe and convenient way to manage their digital assets and transactions. [Glassnode: The total assets of companies awaiting approval of Bitcoin spot ETFs total over $15 trillion] Comparing news, Yann Allemann, co-founder of the on-chain data analysis platform Glassnode, recently stated on social media X that Bitcoin spot ETFs are changing the global financial framework. Currently, companies seeking approval for Bitcoin spot ETFs manage a total asset scale of more than 15 trillion US dollars, which is the scale of potential demand It can be clearly seen. Once the Bitcoin ETF spot is approved, a wave of boom led by institutional investors could trigger the biggest bull market since the beginning of the crypto asset. [LookOnChain: FTX and Alameda transferred another cryptocurrency worth $19.4 million today] According to the on-chain data analysis platform LookOnChain monitoring, FTX and Alameda transferred another cryptocurrency worth about $19.4 million today, including: - 309,185 Solana (about $10 million) - 2.03 million BAND (about $3.15 million) - 382 10,000 PERP (~$2.3 million) — 46.67 million TRU (~US$1.78 million) — 4.39 million BICO (~US$1 million) — 915,048 KNC (~US$686 million) — 5.47 million CVC (~US$479,000) — 7,275 BOND (~US$30,000) as of October 27, FTX and Alameda have transferred a total value of approximately 59.35 million 10,000 dollars in crypto assets. [26.7 million Ripples transferred from unknown wallets to Bitstamp] According to the on-chain analysis data platform Whale Alert monitoring, about 20 minutes ago, 26.7 million Ripples (about $14,829,710) were transferred from unknown wallet addresses to Bitstamp. [UniSat wallet: BRC-20 Swap launched, supports 14 types of Bitcoin inscription assets] In comparison, Bitcoin's BRC-20 inscription wallet UniSat posted an article on social media X, saying that after careful research, it was decided to include 14 inscription assets in the first batch of BRC-20 Swap's support list. UniSAT stated that the filter criteria were that the asset had at least 15 days of trading activity on the UniSat Marketplace within the past 30 days, and that the median trading volume over the past 30 days was not zero. In addition, UniSAT also stated that it will implement an “on-demand transaction” model in the early stages of the BRC-20 Swap mainnet launch — withdrawal requests can only be used when new users deposit relevant assets into the BRC-20 Swap. [Stars Arena: Chill Pill is no longer CEO] Comparing news, the Avalanche ecological social agreement Stars Arena posted an article on the X platform stating that Chill Pill is no longer the CEO. They will continue to take important steps to rebuild the community's trust in them...

1027d agokatielin#Comparative weekend review

[Comparative Weekend Review] Information on the last round of financing before FTX's collapse came to light; BlackRock and Google are considering participation; the Swiss city of Lugano will accept Bitcoin taxes and launch the Bitcoin-linked stablecoin LUGA; the FLOKI community's new proposal to “launch a FLOKI staking program and launch a reward token” was approved

A review of key news from the weekend: [Information on the last round of financing before the collapse of FTX came to light; BlackRock and Google are considering participation] According to the testimony of former FTX General Counsel Can Sun, FTX's C1 funding round began “late summer and fall” in 2022. According to a table, 15 potential investors, including BlackRock, Google, and Apollo, were listed as “quick contacts.” According to Sun, Apollo has been invited to invest in FTX to help resolve FTX's liquidity issues with customer withdrawals. The table also shows that Google and BlackRock's chances of participating in the funding round were rated as “medium,” and that both companies were doing due diligence on SBF's exchange before FTX went out of business on November 11 last year. BlackRock CEO Larry Fink has said that the company has invested $240 million in FTX, while Google has never directly invested in SBF companies. The trial also involved other testimonies, including former Alameda CEO Caroline Ellison, who has pleaded guilty to multiple charges relating to the case. She revealed during the trial that Bankman-Fried had tried to raise capital by selling FTX shares. Although this is not reflected in the table, she said Saudi Arabia's Crown Prince Mohammed bin Salman had considered buying shares in FTX, but ultimately failed to reach an agreement. [Lugano, Switzerland will accept Bitcoin taxes and launch a Bitcoin-linked stablecoin LUGA] In comparison, the Swiss city of Lugano announced the launch of Lugano (LUGA), a stablecoin linked to Bitcoin, which can be used for payments at more than 350 merchants across the city. Approximately 20% of Lugano people have an active Lugano wallet. From December 1, the city government of Lugano will also start accepting the use of Bitcoin for tax purposes. In addition, the city of Lugano also announced a grant of 50 million US dollars to startups in the cryptocurrency and blockchain sector, focusing on Bitcoin core development, Lightning Network development, and local public projects. [FLOKI Community's New Proposal to “Launch the FLOKI Staking Program and Launch Reward Tokens” was approved] According to Twitter, the governance platform showed that the FLOKI community's decision to “launch the FLOKI Staking Program and launch a reward token” was approved, with an approval rating of 98.51%. If the proposal is approved: More details about the reward token will be released soon; the Floki staking program will go live on October 27, 2023. Earlier, FLOKI launched a new token issuance proposal. The proposal indicates that the vast majority of the token's circulation will be obtained through FLOKI staking and will provide liquidity on UniSwap and PancakeSwap. The proposal has yet to release specific application scenarios for the token. The relevant description is “We have locked in a concept that is the key to an industry with trillion dollar potential.” [friend.tech launches a bug bounty program with a maximum reward of 1 million USDC] In comparison, friend.tech launched a bug bounty program. The rewards will be distributed according to the severity of the disclosed defects and assets at risk, with a maximum reward of 1 million USDC. There are four levels of risk: critical: issues that can affect many users and have serious reputational, legal, or financial implications. For example, permanently locking up contracts or withdrawing money from all users; High: An issue affecting individual users that, if used, may pose a moderate threat to users' reputation, legal, or financial risk; Medium: The risk is relatively small and does not pose a threat to users' funds; Low/Informational: The issue does not pose an immediate threat, but is related to security best practices. [Addresses that participated in the Ethereum ICO distributed 2,000 ETH to 4 addresses after being “dormant” for 8 years] According to Lookonchain monitoring, an Ethereum ICO participating address starting at 0x6403, which had been dormant for more than 8 years (3004 days and 14 hours), transferred about 500 ETH to each of the 4 different addresses 30 minutes ago, and transferred out all 2000 ETH earned from its ICO. [Coinbase Cloud: Will be the validator of dYdX Chain] In comparison, Coinbase Cloud announced on social media that it will support the upcoming dYdX Chain and become its validator. Coinbase...

1034d agokatielin#Comparative weekend review

[Comparative Weekend Review] The California Governor has signed a cryptocurrency regulation bill; Ferrari has begun to accept cryptocurrency as a payment method in the US; the cross-chain aggregation agreement OpenOcean integrates Manta Network to reduce transaction costs

BiTwee Weekend Key News Review: [California Governor Has Signed the Cryptocurrency Regulation Act] According to Bloomberg, California Governor Gavin Newsom has signed a bill that will regulate California's cryptocurrency industry. California lawmakers want new rules on cryptocurrencies, and the issue became more pressing after the FTX exchange's collapse last year and other chaos in the market. As the federal government has yet to act, California legislators decided to establish an initial regulatory framework. [Hang Seng Bank of Hong Kong completes a hypothetical digital HKD reality simulation test] According to the credit report, the Hang Seng Bank of Hong Kong announced that it has completed the reality simulation test of the programmable payment use case of the Hong Kong Monetary Authority's CyberHong Kong Dollar Pilot Program. According to reports, this test was carried out in cooperation with Hong Kong Cyberport, the Chinese University of Hong Kong, and various other companies, using Hang Seng's hypothetical CyberHong Kong dollar wallet. Hang Seng Bank's Executive Director and Chief Executive Officer Shi Yingyan and other senior executives also participated in this realistic simulation test. [Ferrari begins accepting cryptocurrency as a payment method in the US] In an interview with Reuters, Ferrari's chief marketing and commercial officer Enrico Galliera announced in an interview with Reuters that Ferrari has begun to accept cryptocurrency payments for its luxury sports cars in the US, and they plan to expand this plan to the European market according to the needs of wealthy customers. In the US, Ferrari's initial payment channel will use the cryptocurrency payment processor BitPay, which currently supports transactions using Bitcoin (BTC), Ethereum (ETH), and US dollar stablecoin (USDC). Additionally, Ferrari is considering using other payment processors in different regions. Galliera notes that using cryptocurrency payments will have no impact on vehicle prices, and there are no additional fees or additional fees. [Cross-chain aggregation protocol OpenOcean integrates with Manta Network to reduce transaction costs] In comparison, cross-chain aggregation protocol OpenOcean announced on the X platform that it has completed integration with the Web3 privacy protection protocol Manta Network. With Manta Pacific, OpenOcean can reduce costs by 80% compared to other L2 networks. [Stride: ATOM's liquid staking function has been suspended, and all StatTom functions will resume within 3 days] In comparison, the Cosmos ecological liquidity staking project Stride posted an article on the X platform stating that since ATOM staking rewards fluctuated more than expected, in order to ensure safety, Stride's on-chain security inspection suspended Atom's liquid staking function. Users' funds are not at risk, and all StatOm features will be re-enabled within 3 days. During this time, StatOm will still accumulate staking rewards as usual, and these rewards will be displayed within 3 days. Liquidity stakes for other tokens will continue to function properly. [Uniswap V4 open source catalog launches KYC hook causes community controversy] Comparative news, introducing a new hook (Hook) into the Uniswap V4 open source catalog has caused controversy in the crypto community. This hook allows users to first perform “know your customer” (KYC) checks before providing services. Some users think this Hook deviates from the original purpose of decentralized finance (DeFi) protocols; others think it's very useful for crypto liquidity providers that need to comply with regulatory requirements in certain jurisdictions. Author: BitPushNews Katie Lin For more information, please join: Twitter: https://twitter.com/BitpushNewsCN比推 Discord Community: https://discord.com/invite/QSvv7MZ2tz比推 TG Community: TG Community: TG Subscriptions: https://t.me/BitPushCommunity比推 https://t.me/bitpush本文来自比推https://www.bitpush.news/articles/4096581，文章转载需注明出处...

1041d agokatielin#Comparative weekend review

[Comparative Weekend Review] Analyst: Cryptocurrency market may rebound in December and January; Ostium Labs completed $3.5 million financing, General Catalyst and others participated; SBF case insider: FTX customer balance is equal to hot wallet assets, but there is an additional $8 billion in debt

BiTwee Weekend Key News Review: [Analyst: Cryptocurrency Market May Rebound in December and January] According to Bituo News, cryptocurrency trader and analyst Altcoin Sherpa wrote on the X platform that December and January are “the absolute best time of the year to trade/buy cryptocurrencies.” BTC has almost always performed well during this period, even during a bear market. ETH also tends to outperform other altcoin markets in December and January, which usually results in the altcoin trading season. Sherpa said that December and January are prime periods for Bitcoin's trend. Over the past few years, there have always been occasional rebound in these two months, and so has the trend of ETH (despite last year's poor performance). [Ostium Labs completes $3.5 million financing, General Catalyst and others participate] Compared to news, cryptocurrency startup Ostium Labs completed $3.5 million in financing, and General Catalyst, LocalGlobe, SIG, and Balaji Srinivasan participated. Co-founder Kaledora Kiernan-Linn said the new protocol being developed by Ostium Labs will support perpetual contract transactions related to oil, bitcoin, and petroleum. It will also support forex pairs trading in Australian dollars, British pounds, euros, and yen. [Inside the SBF case: FTX customer balance is equal to hot wallet assets, but there is an additional $8 billion debt] In comparison, FTX Lianchuang Gary Wang testified in the SBF trial that in November 2022, FTX's customer balance was equal to the assets held in the hot wallet, with one important exception: a hidden debt of 8 billion US dollars called “fiat@”. As clients began withdrawing assets from FTX in November 2022, SBF asked Gary Wang to calculate how much money Alameda Research would need to deposit on the exchange to cover the outflow of funds. Wang testified on the fourth day of the SBF trial last week, after being directly questioned by government prosecutors. He said that excluding Alameda Research accounts, the sum of FTX customer balances matched the assets in FTX hot wallets. What he didn't know, however, was that there was a problem with his calculation. He testified that he only got the full situation when the SBF asked him if “our Korean friend” was included in the calculation. Wang was puzzled, so he sought evidence from Nishad Singh, another former FTX executive. Singh told Wang that the “Korean friend” actually referred to the $8 billion “fiat@” vulnerability at the core of FTX's collapse. Fiat @账户余额已被重新分配到一个名为 on the account “seoyuncharles88@gmail.com” in the FTX internal database, this account has been granted special privileges so that Alameda Research does not have to pay interest on the credit line. Wang also confirmed that SBF is aware that FTX's financial situation is more transparent to the public and investors, while Alameda's financial situation is not. [Binance Research September Report: AA adoption rate has risen, and there are already more than 870,000 independent AA accounts] In comparison, Binance Research released the September Crypto Market Report. The report topics include DeFi, stablecoins, second-tier solutions (L2s), and account abstraction. The report points out that fluctuations in the total market value of the crypto market in September were negligible, but there are still many notable developments in the market: 1. The total market value of stablecoins has been falling for 18 consecutive months to a new low of $123.8 billion (the lowest level since September 2021). There may be many factors affecting investors' allocation of capital to other non-cryptographic financial products. 2. During Token2049, Telegram announced that it will integrate the TON crypto wallet and support the TON-based Web3 ecosystem, which has led to an increase in the price of TON. Given Telegram's 800 million user base, this partnership has inspired the possibility of mass adoption. 3. Chatbots on Telegram are a relatively new trend, providing a user-friendly alternative to existing DeFi applications and showing fierce competition in the market. Banana Gun is a Telegram bot app. Since launching its own token, Banana Gun has risen in the rankings and is now on the Ethereum platform...

1048d agokatielin#Comparative weekend review

[Comparative Weekend Review] The second fund under crypto investment company ParaFi Capital raised nearly $39 million; nChain CEO left, saying Craig Wright was not Satoshi Nakamoto; US Department of Justice: FTX customers and investors will testify against SBF

BiTwee Weekend Key News Review: [SEC Postpones Decision on Vaneck's Spot Bitcoin ETF] BiTweet News, according to The Block reports, the SEC has delayed making a decision on Vaneck's spot Bitcoin ETF application. The regulator said additional procedures are being initiated to determine whether the proposed ETF should be approved or not. The SEC requires comments from commentators; they have 21 days to submit written data, opinions, and arguments; there is also a 35-day rebuttal period, which means the approval process will take at least a few months. Additionally, the SEC stated in response to the spot Bitcoin ETF application filed by WisdomTree: “The commencement of the proceedings does not indicate that the Commission has reached any conclusion on any of the issues involved.” The SEC also added that it wants fresh views on the proposed supervisory sharing agreement with Coinbase. Earlier today, Bloomberg ETF analyst James Seyffart said in an article on the X platform that the SEC has postponed making a decision on the two spot Bitcoin ETF applications of Fidelity Investments and WisdomTree. [The second fund under crypto investment company ParaFi Capital raised nearly 39 million US dollars] In comparison, ParaFi Capital, a crypto investment company with an asset management scale of 633 million US dollars, announced that its second fund has raised nearly 39 million US dollars. It is reported that the fund's financing target is 100 million US dollars. According to Form D information disclosed by the US Securities and Exchange Commission, the name of the fund is “ParaFi Venture Fund II LP”. It completed filing in September 2022 and began fundraising in May of this year. Currently, the total amount of capital raised from 52 investors is 38,915,000 US dollars. Parafi was founded in 2018 by Ben Forman, a former KKR employee. The traditional finance giant made its first blockchain investment in 2021 through the ParaFi Fund. [nChain CEO leaves office, says Craig Wright is not Satoshi Nakamoto] Comparing news, Christen Ager-Hanssen left blockchain development company nChain due to differences with the board of directors. Ager-Hanssen said in a post on X that he no longer believes nChain's chief scientist Craig Wright is Bitcoin's anonymous creator Satoshi Nakamoto. In a follow-up post, Ager-Hanssen posted a screenshot of a report which claims to show evidence of Wright's browsing history, which contradicts Wright's long-standing claim that he is Satoshi Nakamoto. Ager-Hanssen also said that a whistleblower report has been submitted to the nChain board along with five others regarding the impact of billionaire Calvin Ayre on nChain operations, which Ager-Hanssen described as a “shadow director/dictator.” [US Department of Justice: FTX customers and investors will testify against SBF] According to Coindesk, the US Department of Justice confirmed in two documents submitted on Saturday that federal prosecutors want to summon former FTX customers, investors, and employees in the upcoming trial against former cryptocurrency executive Sam Bankman-Fried. Customers and investors who own FTX shares can state their expectations for how FTX will hold its funds, while cooperating witnesses can state their interactions with the defendant and their understanding of the purpose of some of the defendant's statements and actions. The second letter stated that client witnesses may testify for no more than 30 minutes at a time and will involve minimal evidence. The US Department of Justice confirmed former FTX chief technology officer Gary Wang, former FTX engineering director Nishad Singh, and former Alameda Research CEO Caroline Ellison as three co-witnesses. They all acknowledged the charges relating to the exchange and will testify in court. Ryan Salame, another former FTX executive, has pleaded guilty but has not agreed to testify in court until a few weeks ago. The Department of Justice also plans to call at least two other witnesses to testify in court if immunity is granted, but it has not been disclosed...

1055d agokatielin#Comparative weekend review

[Comparative Weekend Review] The judge excluded three proposed expert witnesses in the SBF fraud trial; digital miner GlobaleCrypto launched a cloud mining solution; Definalist: Fake APT tokens appeared on the UPbit platform, and some of the tokens have been sold

BiTwee Weekend Key News Review: [Judge Excludes Three Proposed Expert Witnesses in the SBF Fraud Trial] BiTui News, the US District Judge restricted SBF's right to appear in court to provide expert witnesses in his criminal fraud trial. SBF's goal is to invite seven experts to testify on various aspects of the cryptocurrency market and UK contracts to prove his innocence in misappropriating billions of dollars of FTX client funds to cover the losses of its Alameda Research hedge fund. Recently, US District Judge Lewis Kaplan issued a written order excluding three proposed expert witnesses, arguing that their testimony either had nothing to do with the jury or might confuse the jury. The ruling is in response to a motion by the US Department of Justice to exclude witnesses proposed by SBF. [Digital Miner GlobaleCrypto Launches Cloud Mining Solution] According to a press release, digital asset mining service provider GlobaleCrypto has announced its entry into the Turkish cryptocurrency market. GlobaleCrypto is launching a cloud mining solution to reduce investors' energy consumption and reduce hardware maintenance costs. The company's business covers more than 100 countries, manages more than 10 EH/s of computing power, and uses products from Bitmain, Canaan Yunzhi, and Nvidia to ensure that mining profits are automatically deposited into users' accounts every 24 hours. [Definalist: Fake APT tokens have appeared on the UPbit platform, and some tokens have been sold] In comparison, Definalist posted an article on the X platform saying that according to reports from multiple community users, some users have deposited false APT tokens ClaimAppGift into Upbit, and the Upbit system successfully recognized them as valid deposits. Additionally, some users have reported that they haven't taken any action, yet their APT balance is constantly increasing. Some users who sold fake APT tokens also received customer service calls requesting refunds. Earlier reports indicated that Upbit issued an announcement announcing that it would suspend APT's deposit and withdrawal services to carry out maintenance work on the APT wallet system. [Michael Arrington announced his withdrawal from the board of directors of the company that succeeded Celsius] According to TheBlock, Michael Arrington, the founder of Arrington Capital, announced his resignation 13 days after only joining the board of directors of a company (NewCo) formed by Celsius. His position will be replaced by Fahrenheit Holdings member Ravi Kaza, the consortium successfully acquired Celsius's assets in May of this year. Prior to Arrington's departure, NewCo had appointed three new board observers, and the unnamed company would take over the operations of Celsius. Arrington's departure appears to be linked to Simon Dixon's appointment as a board observer, and he is the only one of the three new observers who was not warmly welcomed by Arrington. Author: BitPushNews Katie Lin For more information, please join: Twitter: https://twitter.com/BitpushNewsCN比推 Discord Community: https://discord.com/invite/QSvv7MZ2tz比推 TG Community: TG Community: TG Subscriptions: https://t.me/BitPushCommunity比推 https://t.me/bitpush本文来自比推https://www.bitpush.news/articles/4096581，文章转载需注明出处...

1062d agokatielin#Comparative weekend review