比推周末重点新闻 · 110

[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...

300d agoburnking#Comparative weekend review

[Weekend Key News Review] Thailand and New Zealand investigate Cambodia's Prince Holding Group sanctioned by the US and Britain; Japan is considering allowing banks to invest in crypto assets; Trump's second son: Never discussed cryptocurrencies with his father, but he is convinced that blockchain is the future of finance

A review of key news from the weekend: [Thailand and New Zealand investigate the Cambodian Prince Holding Group sanctioned by the US and Britain] According to Bloomberg, the Thai and Singaporean authorities are investigating the Cambodian Prince Holding Group. The chairman of this group has been sanctioned by the US and the UK on the grounds of fraud and money laundering. Thailand's Cybercrime Investigation Bureau will cooperate with the US to review relevant asset seizure procedures. The Singapore police also said they are investigating the case and maintaining contacts with law enforcement agencies in other countries. [Jay Chou has removed social media content looking for Bitcoin investment friends] Compared to Twitter news, Jay Chou posted an “angry post” on his personal Instagram on October 15 to find his magician friend Tsai Wai-taek, and even harshly said, “If you don't show up again, you're done.” Afterwards, Choi Wai-taek resumed claiming that she wanted to “temporarily stop using social media”. The Taiwanese media revealed that the two suspected financial dispute involving hundreds of millions of NTD dollars. Tsai Weize helped her invest in Bitcoin on her account a year ago, but she claimed that the account had been locked for some reason and had not yet returned her assets, Jay Chou sent a private message to the other party, but there was no response. This was the last resort bad idea. However, community users discovered that Jay Chou's Instagram had removed the relevant dynamic content, but unfollowed Choi Wai-taek. [Japan considers allowing banks to invest in crypto assets] Comparative news, according to market news: Japan is considering allowing banks to invest in crypto assets. [Trump's second son: He never discussed cryptocurrencies with his father, but he is convinced that blockchain is the future of finance] Comparing news, Trump's second son Eric Trump said in an interview with CNN that he “never talked about cryptocurrencies with his father,” but acknowledged that his father is a staunch supporter of the industry. Eric said that the crypto industry broadly supported Trump during the election campaign, and Trump also believed blockchain represented the future of finance. He said, “Everything can be done better, faster, and cheaper with blockchain. If we ignore it, America will be surpassed.” [Vitalik: I hope more developers working on ZK and FHE can express performance in the form of ratios instead of computation per second metrics] In comparison, Vitalik posted an article on the X platform saying, “I hope more developers who do ZK (zero-knowledge proof) and FHE (fully homomorphic encryption) can express performance in the form of ratios (such as “time required for cryptographic computation/original calculation time”), rather than just “we can do N operations per second.” This approach is less hardware dependent and provides a very useful indicator: How much efficiency did I sacrifice when I changed my app from “trust-dependent” to “cryptographics-dependent”? It's also generally more suitable for performance estimation, because as a developer, I already know how long the original calculation takes, and I can estimate performance by directly multiplying the cost ratio. (Yes, I know it's not easy because the types of operations are different between execution and proof, especially in SIMD/parallelization and memory access methods, so even the cost ratio is partially hardware dependent. But even so, I still think the “cost ratio” is a very valuable metric, although it's not perfect.)” [OpenSea CEO: Plans to launch SEA tokens in the first quarter of 2026] In comparison, OpenSea CEO @dfinzer发文称 plans to launch SEA tokens in the first quarter of 2026. 50% of the supply will be distributed to the community, more than half of which will be obtained through initial claims, and both OG and participants participating in the OpenSea rewards program will each receive meaningful rewards. Additionally, 50% of the revenue at launch will be used to purchase SEA. The launch of SEA will provide more utility, and SEA will be deeply integrated with OpenSea, including staking SEA into users' favorite tokens and collectibles. According to previous news, OpenSea is transforming into a crypto trading aggregation platform. The crypto trading volume has reached 1.6 billion US dollars since October. Twitter: https://twitter.com/BitpushNewsCN比推 TG Community: https://t.me/BitPushCommunity比推 TG Subscriptions:... https://t.me/bitpush

306d agoWendy#Comparative weekend review

[Weekend Key News Review] Strategy's market capitalization has evaporated over $8 billion this week. Michael Saylor says BTC will not be subject to tariffs; ARK launches AI-driven DAO governance structure to lead a new paradigm of DeFi governance; Crypto.com CEO calls on regulators to investigate exchanges that have undergone large-scale liquidation in the past 24 hours

A review of key news of the weekend: [Crypto.com CEO and Wintermute team members respond to market FUD: the organization is operating normally, the thunderstorm is a rumor] In response to the “Crypto.com and Wintermute suspected thunderstorm” market rumors that have arisen, Crypto.com CEO Kris Marzsalek commented that “the system works perfectly and is unfounded FUD”; Wintermute team BD Partner member Arnaud said the statement was a rumor. [People familiar with the matter: Polymarket tokens will be launched soon, but they are not expected to be released this year] In comparison, according to Decrypt, people familiar with the matter said that Polymarket plans to launch its native cryptocurrency, but it is not expected to be released within the next few months. The source said that Polymarket is not planning to release its tokens before regaining the US market, which is currently mainly dominated by competitor Kalshi. [Aethir Launches $45 Million DAT Repurchase Program] In comparison, Aethir's Digital Asset Treasury (DAT for short) has been listed on NASDAQ as $POAI and has now officially launched a 45-day $45 million $45 million $ATH open market repurchase program [Strategy's market value has evaporated over $8 billion this week. Michael Saylor said BTC will not be affected by BTC [Imposition of tariffs] Comparing news, although the market value of Strategy (MicroStrategy)'s Bitcoin holdings has evaporated by more than $8 billion this week due to turbulence in the crypto market (down from a high of over $80 billion on Tuesday to about $71.93 billion), the company's Bitcoin holdings still surged in excess of $24.5 billion, with a yield of 51.91% so far. Currently, Strategy holds 640,031 bitcoins, with a total investment of about US$47.35 billion, with an average price of about US$73,983. Michael Saylor, the founder and executive chairman of Strategy, wrote on the X platform that bitcoins will not be subject to tariffs. [Securitize plans to go public through a merger with Cantor's SPAC company, and the valuation will exceed 1 billion US dollars] In comparison, according to Bloomberg, people familiar with the matter revealed that the tokenization company Securitize is in negotiations on a special purpose acquisition company (SPAC) founded through Cantor Fitzgerald LP. Following the merger with Cantor Equity Partners II Inc., Securitize's valuation will exceed $1 billion. Relevant discussions are ongoing, and Securitize may decide to remain privatized. Previously, Cantor Equity II raised $240 million through an initial public offering in May. [ARK Launches AI-Driven DAO Governance Framework, Leading a New Paradigm of DeFi Governance] Comparing news, ARK (Ark DeFai), a decentralized finance and artificial intelligence fusion protocol, announced that its DAO governance system (Decentralized Autonomous Organization) will be officially launched at 07:00 UTC on October 12. This upgrade combines the AI Consensus AI Layer (Consensus AI Layer) and Community Governance System (Community Governance System) to enable the AI model to simulate policies, provide decision suggestions, and issue risk warnings, while opening up global coin holders to participate in proposals and voting. ARK DAO Governance Committee Chairman Carmelo Ippolito (Carmelo Ippolito) said, “Decentralization is not the loss of power, but the spread of participation.” The launch of this governance system will establish a three-tier structure of “AI Proposal × Referendum × Community Consensus” to achieve human—AI Co-Governance (Human—AI Co-Governance) for DeFi...

314d agoburnking#Comparative weekend review

[Weekend Key News Review] Driven by ETF capital inflows and the government shutdown, Standard Chartered Bank reaffirms Bitcoin's target price of 200,000 US dollars at the end of the year; NYDIG questions the transparency of the reserve report for the Trump family's stablecoin USD1; Adviser Trump: If negotiations on the government shutdown do not progress, layoffs will begin

BiTwee Weekend Key News Review: [Driven by ETF capital inflows and government shutdown, Standard Chartered Bank reaffirms Bitcoin's target price of $200,000 at the end of the year] According to Cyptoslate, Geoffrey Kendrick, head of digital asset research at Standard Chartered Bank, reiterated his target for Bitcoin's year-end price of $200,000 on October 2. Kendrick said the inflow of new ETF funds and the US government shutdown could drive cryptocurrency prices higher in the coming weeks. In his report to clients, Kendrick said that Bitcoin is expected to break through an all-time high within a few days and possibly reach $13.5 million in the next few weeks, which is slightly later than his previous predictions. [NYDIG questions the transparency of the reserve report for the Trump family's stablecoin USD1] In comparison, according to Coindesk, the transparency and quality of the USD1 stablecoin issued by the crypto company World Liberty Financial, in which the Trump family is deeply involved, has been questioned. NYDIG analysts pointed out that although USD1 claims to be fully backed 1:1 by cash equivalents such as US bonds, its currently issued certification report falls short of industry-leading transparency standards and needs further improvements. Previously, due to Trump's political influence and his family's close financial ties to the company, the USD1 project had raised serious concerns among US senators about conflicts of interest and national security risks. [Adviser Trump: If negotiations on the government shutdown do not progress, layoffs will begin] In comparison, according to Kim 10, US White House National Economic Council Director Hassett said that Trump's threat of large-scale layoffs during the government shutdown depends on whether the Democratic Party will succumb to the government funding impasse. Hassett said that if the president decides that there is no progress in the negotiations, layoffs will begin. He said he hopes we can make the Democrats realize that avoiding such layoffs is common sense. Hassett said that if the Democratic Party can act rationally after returning to town on Monday, then he sees no reason to lay off workers. [10x Research: Bitcoin exchange balance falls to a six-year low] In comparison, 10x Research posted an article on the X platform stating that the Bitcoin exchange balance has fallen to its lowest point in six years, indicating that supply is rapidly drying up. Furthermore, multi-billion dollar ETF inflows and changes in institutional behavior suggest that Bitcoin's breakout of its all-time high may have deeper roots. [Next Week's Important Events and Data Forecast: Federal Reserve Meeting Minutes and Powell's Speech] Comparing news, next week's important events and data forecasts — minutes of the Federal Reserve meeting, intensive speeches by European and American central bank officials, OpenAI developer conference... Monday: US September Global Supply Chain Pressure Index. Tuesday: US trade balance for August, New York Federal Reserve 1-year inflation forecast for September. Federal Reserve Bostic, Federal Reserve Governor Milan, and Federal Reserve Kashkari delivered speeches. OpenAI is hosting the 2025 Developer Conference. Wednesday: ECB President Lagarde, Federal Reserve Governor Barr, and Bank of Japan Governor Ueda Kazuo deliver speeches. Thursday: The US 10-year treasury bond auction until October 8 won the bid interest rate and bid multiplier. Number of jobless claims in the US until the beginning of the week of October 4 (to be determined). The Federal Reserve announced the minutes of the monetary policy meeting; Federal Reserve Kashkari, Federal Reserve Governor Bowman, and Federal Reserve Chairman Powell delivered speeches. Friday: The initial value of the US inflation rate forecast for the first year of October, and the preliminary value of the University of Michigan consumer confidence index for October. Federal Reserve Kashkari and Federal Reserve Goulsby delivered speeches. A meeting of EU finance ministers was held. Saturday: The CFTC publishes its weekly position report. ECB Executive Director Kazax delivered a speech. [Bitwise Executive: Solana Will Become Wall Street's Preferred Stablecoin Network] In comparison, Matt Hougan, chief investment officer of crypto asset management company Bitwise, believes that although Ethereum dominates, Solana's speed, throughput, and finality make it particularly attractive and will become the preferred network for tokenizing Wall Street stablecoins and real-world assets. Twitter: https://twitter.com/BitpushNewsCN比推 TG Exchange Group: https://t.me/BitPushCommunity比推 TG...

320d agoWendy#Comparative weekend review

[Weekend Key News Review] Bloomberg: Tether received shares from SoftBank and Cathie Wood in a new round of financing; Bank Mellon of New York and Bank France and Pakistan have begun testing Ethereum L2 on-chain messaging with SWIFT; Hong Kong's third batch of tokenized bonds may be connected to the central bank's digital currency subscription

A review of key news from the weekend: [Kraken negotiates with strategic investors at a valuation of 20 billion US dollars] Comparative news, according to Jin 10 reports, the cryptocurrency exchange Kraken is in negotiations with strategic investors at a valuation of 20 billion US dollars. [Crypto.com Receives CFTC Approval to Provide Margin Derivatives] According to the official announcement, Crypto.com has obtained approval from the US Commodity Futures Trading Commission (CFTC) to obtain a margin derivative brand license in the US. Specifically, Crypto.com | Derivatives North America (CDNA) is a CFTC-registered exchange and clearing agency and an affiliate of Crypto.com. CDNA has now been approved for revision through its Derivatives Clearing Agency (DCO) license to provide liquidation margin derivatives for cryptocurrencies and other asset classes, and CDNA also has the existing ability to provide fully collateralized derivatives through its prediction market. Additionally, Foris DAX FCM LLC (trade name Crypto.com | FCM) has now received Futures Commission (FCM) approval from the National Futures Association (NFA), enabling Crypto.com to act as an intermediary for customers and institutions in the derivatives market. [Hong Kong's third batch of tokenized bonds may be subscribed to by the central bank's digital currency] According to Caixin, the HKSAR Government has issued approximately HK$386 billion worth of RMB, HKD, EUR and USD bonds through the “Government Sustainable Bond Program” and the “Infrastructure Bond Program” since 2019. Two batches of tokenized green bonds were successfully issued in February 2023 and February 2024, with a scale of US$100 million and US$750 million respectively. The third batch of tokenized bonds will not only tokenize the asset-side, but also consider implementing capital-side tokenization. Given that Hong Kong's capital-side tokenization developed early and most mature is the central bank digital currency (CBDC), the capital side of this batch of tokenized bonds may be subscribed to CBDC. [Bank of New York Mellon and Bank France and Pakistan have begun testing Ethereum L2 on-chain messaging with SWIFT] According to FinanceFeeds, the Global Interbank Financial Telecommunication Association (SWIFT) previously disclosed that it is using the Ethereum L2 network Linea to test the on-chain messaging function. According to the latest news, BNP Paribas (BNP Paribas) and Bank of New York Mellon (BNY) have begun participating in testing, and the project currently involves “more than a dozen financial institutions.” A source, who asked not to be named, said that the entire testing process is expected to take months to complete, but it will bring about an important technological transformation in the international interbank payments industry. [Bloomberg: Tether receives shares from SoftBank and Cathie Wood in a new round of financing] According to Bloomberg, SoftBank Group and Cathie Wood's Ark Investment Management will participate in the latest financing plan of stablecoin issuer Tether Holdings. Earlier, it was reported that Tether is seeking to place about 3% of its shares through private placement. The financing amount is about 15 billion to 20 billion US dollars, and the company's valuation may increase to 500 billion US dollars. [Cyber Hornet applies for three ETFs that mix ETH, SOL, and XRP futures with the S&P 500 Index, respectively] According to market news, according to US SEC documents, Cyber Hornet Trust is applying for regulatory approval to launch three new ETFs. These three products aim to track the S&P 500 index, as well as the S&P CME 75/25 hybrid index related to Ethereum, XRP, and Solana futures. The ETFs to be launched are: Cyber Hornet S&P 500 and Ethereum 75/25 Strategic ETF (EEE), Cyber Hornet S&P 500 and Solana 75/25 Strategic ETF (SSS), and Cyber Hornet S&P 500 and XRP 75/25 Strategic ETF (XXX), respectively. Each fund will take approximately 75%...

328d agoburnking#Comparative weekend review

[Weekend Key News Review] US Investment Bank Jefferies: The crypto market is in the “1996 phase of the Internet”, and institutional investors should not only focus on BTC; Michael Saylor: Bitcoin may appreciate at an average annual rate of nearly 29% in the next 20 years; OKX CEO Star: No similar Hyperliquid products have been launched due to regulatory concerns, so I hope the industry will get a clear regulatory framework

BiTweet Weekend Key News Review: [US Investment Bank Jefferies: The Crypto Market Is in the “1996 Internet Stage,” Institutional Investors Should Not Just Focus on BTC] BiTweet News, US Investment Bank Jefferies said in a report for large institutional investors that the current stage of cryptocurrency development is similar to the 1996 Internet, and there is still plenty of room for growth. Analysts pointed out that if the market pays too much attention to the Bitcoin price, it may ignore the disruptive potential of blockchain technology in various industries. Currently, some institutions have begun to deploy through ETFs and digital asset treasury management (DAT) companies. Jefferies advises investors to draw on the early investment strategies of the Internet, that is, to focus on the enduring utility and selectivity of projects. By drawing an analogy between the current cryptocurrency market and “1996,” Jefferies paints a strong and concrete picture of Wall Street in the early internet era — which suggests that the next round of cryptocurrency growth is just beginning. [Michael Saylor: Bitcoin may appreciate at an average annual rate of nearly 29% over the next 20 years] According to CoinDesk, Strategy Executive Chairman Michael Saylor said in the latest podcast interview that Bitcoin's recent price trend is lackluster. This is a strong sign rather than a weakness. The market is in the consolidation phase, long-term holders are selling some of their positions, and institutional investors are preparing for a larger allocation. Volatility is fading away. Bitcoin may appreciate at an average annual rate of nearly 29% over the next 20 years.” [OKX CEO Star: No products similar to Hyperliquid have been launched due to regulatory concerns, so I hope the industry gets a clear regulatory framework] In comparison, OKX CEO Star wrote on X, “Hyperliquid proved that the on-chain perpetual contract business can achieve great success even with very few employees. Today, more competitors like Aster are entering this space. OKX Web3 has also been testing similar products since 2023, but we chose not to go online on the mainnet due to regulatory concerns. While on-chain perpetual contracts are growing, we must not forget the CFTC's enforcement action against Deridex in 2023. The regulatory enforcement landscape has fundamentally changed, and I hope the industry can get the much-needed regulatory clarity as soon as possible.” [Chow Tai Fook's founder Sun Zheng Zhigang established ALMAD Group to invest in digital and virtual assets] In comparison, Zheng Zhigang, the former CEO of New World Development and founder of Chow Tai Fu, stepped down from several family businesses last year and has now announced the establishment of ALMAD Group (ALMAD Group). This comprehensive enterprise group will focus on Web 3 financial innovation, and will also explore blockchain technology and real-world asset (RWA) tokenization, and will also explore blockchain technology and immersive digital experiences in different industries application scheme. [A large amount of tokens such as PARTI, NIL, and MBG will be unlocked next week] According to Token Unlocks data, tokens such as PARTI, NIL, and MBG will unlock a large amount of money next week (the following is Beijing time). Among them: Particle Network (PARTI) will unlock about 182 million tokens at 6 p.m. on September 25, with a ratio of 78.44% to current circulation, worth about 34 million US dollars; Nillion (NIL) will be 9 Approximately 65.12 million tokens will be unlocked at 9:00 p.m. on January 24, with a ratio of 33.37% to current circulation, worth about US$21.4 million; MBG By Multibank Group (MBG) will unlock approximately 15.84 million tokens at 8 p.m. on September 22, with a ratio of 13.60% to current circulation, worth about US$17.7 million; SPACE ID (ID) will unlock approximately 72.65 million tokens at 8 a.m. on September 22, with a ratio of 6.30% to current circulation. $12.9 million; Sahara AI (SAHARA) will unlock about 134 million tokens at 8 p.m. on September 26, with a ratio of 6.08% to current circulation, worth about $11.4 million; Venom (VENOM) will unlock 9...

335d agoWendy#Comparative weekend review

[Weekend Key News Review] Vitalik: Ethereum's mission is to connect the Eastern and Western communities, and plans to expand 10-fold next year; BNB's market capitalization has broken through US$130 billion and continued to reach new highs, surpassing BYD to rank 167th in the global asset market capitalization ranking; Polymarket plans to return to the US and seek new financing, and the valuation is expected to reach $10 billion

A review of key news of the weekend: [Polymarket plans to return to the US and seek new financing, and the valuation is expected to reach $10 billion] According to Cointelegraph, people familiar with the matter revealed that the predicted market Polymarket is exploring a return to the US market while seeking new financing. The new round of financing may more than double its June $1 billion valuation. One investor valued the company as high as $10 billion, the report said. Polymarket raised $200 million in June, led by Peter Thiel's Founders Fund, an early supporter of companies such as OpenAI, Paxos, and Palantir. [Faraday Future Launches Crypto Business Independent Listing Plan] In comparison, Faraday Future (FFIE.O) announced that according to the overall strategic plan, the company is actively planning to independently split its Crypto & C10 and crypto-related assets and businesses and promote public listing. Faraday Future said that in the past two weeks, C10 Treasury has successfully completed two rounds of crypto asset allocation totaling around $7 million. [BNB's market capitalization surpassed $130 billion and continued to reach new highs, surpassing BYD to rank 167th in the global asset market capitalization ranking] According to Coingecko's latest data, BNB's market capitalization has surpassed 130 billion US dollars and currently hit 130,709,165,488 US dollars, continuing to set a record high, reaching 1,567,534,217 US dollars in the past 24 hours. Also, according to MarketCap data, as BNB's market capitalization rises, it has now surpassed BYD (BYD) to rank 167th in the global asset market capitalization ranking. [Vitalik: Ethereum's mission is to connect the East and West communities, and plans to achieve 10x expansion next year] In comparison, Ethereum co-founder Vitalik Buterin delivered a speech at ETHTokyo 2025, saying that he firmly believes that layer 2 solutions are the future development direction of Ethereum, and further proposed an ambitious goal: Ethereum plans to expand by 10 times next year to improve network throughput and accessibility while maintaining decentralization and security. Vitalik placed special emphasis on the role of Asia. China developed an early PyEthereum client, volunteers translated white papers and documents into multiple languages, and community forces promoted Ethereum globally. He compared the style of Chinese and Japanese developers: Chinese projects are progressing rapidly and on a large scale; Japanese developers are better at experimenting with new technology. Looking ahead, Vitalik is calling for more researchers and app developers to join, not just rely on the core team. He encouraged Asian developers to focus on efficiency and safety, and believes AI will be an important learning tool. New technologies often “reset” the ecosystem, such as breakthroughs brought about by zero-knowledge proofs. Vitalik predicts that the 2030s will usher in a new technological paradigm. Vitalik reiterated that Ethereum's mission is to connect the East and West communities. In terms of financing models, he believes that the global advantage of ICOs is superior to traditional VC, and suggests that in the future, ICO and DAO governance should be combined to create a more open and transparent funding mechanism. [Eleanor Terrett: Tether's new stablecoin USAT to be launched before the end of the year] Comparing news, crypto journalist Eleanor Terrett posted on social platforms that Tether held the US launch of its new stablecoin USAT in New York. Tether CEO Paolo Ardoino said the goal is to launch USAT before the end of the year. The new CEO, Bo Hines, said the new US headquarters will be located in Charlotte, North Carolina. [Yala: Protocol Attacked Attempted, YU Briefly Unanchored, User Asset Security Unaffected] In comparison, Yala posted an article on the X platform saying that the protocol recently experienced an attempted attack incident, which caused YU to be temporarily unanchored. With the help of safety partners such as Slow Mist, the problem has been identified and is being fixed, and the team will enhance the robustness of the system. Officials emphasized that the safety of users' assets has not been affected. [Monero has been attacked again and...

342d agoburnking#Comparative weekend review

[Weekend Key News Review] Strategy founder Saylor joined the Bloomberg Billionaires List for the first time; the illiquid supply of bitcoins exceeded 14.3 million, a record high; US poll: Trump's approval rating was 43% and the least approved for dealing with inflation

A review of key news from the weekend: [Strategy founder Saylor made the Bloomberg Billionaires List for the first time] According to a chart released by the Coin Bureau, Strategy founder Michael Saylor is on the Bloomberg Billionaires List. This is the first time Michael Saylor is on the list, ranking 491st with a net worth of 7.37 billion US dollars. [Tether CEO Announces Company's Main Bitcoin Position Addresses] On Twitter, Tether CEO Paolo Ardoino wrote that the vast majority of our bitcoins are directly held: bc1qjasf9z3h7w3jspkhtgpyvzgpa2wwd2lr0eh5tx44reyn2k7sfc27a4. The address currently holds 77,447 BTC worth US$8.61 billion. [Bitcoin's illiquid supply exceeds 14.3 million, a record high] According to Coindesk, in late August, illiquidsupply (illiquidsupply, the amount of bitcoins held by entities with almost no history of spending) exceeded 14.3 million BTC, a record high. Over the past 30 days, the net increase in non-current supply reached 20,000 BTC. Of the 19.9 million BTC currently in circulation, about 72% of the total supply is in an unliquid state and is held by long-term holders and cold storage investors. This increase underscores the continuing cumulative trend even during recent market fluctuations. Bitcoin hit a record high of $124,000 in mid-August, then fell back about 15%. Despite the price correction, illiquid supply continued to rise, indicating that holders did not sell off due to short-term adjustments. [US poll: Trump's approval rating is 43%, lowest approval for dealing with inflation] On September 7, local time, a poll conducted by the National Broadcasting Corporation (NBC) News Decision Center and survey platform Survey Monkey showed that US President Trump's overall approval rating was 43%, and 57% of respondents disapproved of his administration performance. Inflation and cost of living are the top economic issues people are concerned about, and only 39% of respondents agree with the way they handle inflation. [ETH queued to exit the Ethereum PoS network has been declining for 9 consecutive days, and ETH worth about 3 billion US dollars is queuing to exit] According to validatorqueue data, the current number of ETH that has left the queue of the Ethereum PoS network has been declining for 9 consecutive days. 698,120 are temporarily reported, worth about 3 billion US dollars, and the waiting time for withdrawal is about 12 days and 3 hours. Meanwhile, around 860,782 ETH worth about $3.7 billion are queued to join the network, and the activation delay is expected to be around 14 days and 23 hours. As previously reported, this current situation shows that there are two opposite forces in the market: on the one hand, some stakers may choose to settle in the bag after Ethereum rebounded sharply from its April low, leading to a surge in exit queues; on the other hand, new deposits driven by favorable regulations and institutional demand are also driving up the entry queue. Listed companies such as SharpLink Gaming and BitMine Immersion have increased their ETH holdings and stakes. [US SEC establishes a task force to crack down on cross-border transaction fraud against US investors] In comparison, the US Securities and Exchange Commission (SEC) announced the establishment of a cross-border task force to crack down on cross-border transaction fraud that harms US investors. The initial work of the Cross-Border Task Force focuses on investigating potential US federal securities law violations involving foreign companies, including potential market manipulation, such as 'driving up stock prices' and 'boosting shipments'. The working group will also focus on the 'gatekeepers', particularly the auditors and underwriters that help these companies enter the US capital market. Additionally, the Working Group will review potential securities law violations relating to companies in foreign jurisdictions. US Securities and Exchange Commission (SEC) Chairman Paul Atkins said, “We welcome companies from all over the world to the US capital market, but we will not tolerate any bad actors trying to use international borders to block and circumvent US investor protections, whether companies or intermediaries. The new task force will consolidate the SEC's investigation work and enable US securities...

349d agoWendy#Comparative weekend review

[Weekend Key News Review] Musk's lawyer will be the chairman of a $200 million Dogecoin finance company; WLFI: The governance of the agreement will be completely controlled by multiple signatures during security risks or major adverse events; Michael Saylor once again posted Bitcoin Tracker information, or hinted at another increase in BTC holdings

BiTwee Weekend Highlights: [Musk's Lawyer Will Be Chairman of a $200 Million Dogecoin Finance Company] According to Fortune, citing anonymous sources, Musk's attorney Alex Spiro will be the chairman of a planned $200 million Dogecoin treasury company. The company is backed by House of Doge and aims to provide investors with an opportunity to hold Dogecoin indirectly. The project plans to raise at least $2 billion to hold Dogecoin assets as a public company, allowing investors to gain exposure to digital assets in the stock market without directly owning the token. Currently, the project is still in the promotion stage, and the specific structure and launch time have not been announced. Spiro is a partner of Quinn Emanuel Urquhart and Sullivan and has represented numerous high-profile clients including Musk, Jay-Z, and Alec Baldwin. He was nominated as the entity's program chairman in investor materials and discussions. [OKX Star: OKX never raises funds from users, but is just a technology service provider for users to earn] In comparison, OKX CEO Star posted on social platforms that OKX Earn's assets have exceeded tens of billions of dollars, generating billions of dollars in revenue every year for millions of users around the world. OKX has always adhered to one core principle: it never raises funds from users, but is only a technology service provider that helps users efficiently and conveniently connect various chains of pledges, various DeFi agreements, and institutions with loan requirements, so that users can obtain steady returns safely and conveniently in the blockchain world. [WLFI: Protocol governance rights will be fully controlled by multiple signatures during security risks or major adverse events] According to the official website, World Liberty Financial (WLF Agreement for short) stated in the governance statement that the WLF agreement or any related agreement may experience a “significant adverse event”, which refers to any event that prevents the WLF protocol or any related agreement from working properly, as expected, and continues for a long period of time, or a “security risk”, which means any stop the WLF protocol from operating or endangers the safe use of users WLF protocol events. During a significant adverse event or security risk, the governance control of the WLF protocol will be fully controlled by multiple signatures until normal WLF protocol governance operations can be resumed. [China Financial Leasing Group Discloses Investments in Bitcoin and Ethereum ETFs Listed in BlackRock and Hong Kong] According to the Hong Kong Stock Exchange announcement, the Hong Kong stock listed company China Financial Leasing Group released an interim results report up to June 30, 2025, which revealed that the continued weakness of the US dollar triggered the strengthening of Bitcoin. The company has begun to pay attention to the cryptocurrency market and has begun investing in the cryptocurrency industry, especially exchange-traded funds that hold physical cryptocurrencies rather than synthetic products. Currently, major investments include: Southern East England Hong Kong Dollar Money Market ETF, BlackRock iShares Bitcoin Trust ETF, Huaxia Bitcoin ETF, and iShares Ethereum Trust ETF. [The stock price of the Japanese listed company Metaplanet has plummeted, and its Bitcoin strategy is facing financing difficulties] In comparison, according to Cointelegraph quoting Bloomberg, the stock price of Japanese Bitcoin treasury company Metaplanet has plummeted 54 percent since mid-June, and its “flywheel” mechanism based on stocks has “failed”, forcing the Tokyo-listed company to seek alternative financing methods. Metaplanet recently plans to raise approximately 130.3 billion yen (approximately US$800 million) through a public offering of shares in overseas markets. Additionally, shareholders will vote on Monday to decide whether to approve the issuance of up to 555 million preferred shares, a rare investment vehicle in Japan that could raise up to 555 billion yen (approximately $3.7 billion). [Michael Saylor Releases Bitcoin Tracker Information Again, or Suggests Another Increase in BTC] Comparing the news, Strategy founder Michael Saylor once again posted Bitcoin Tracker related information. It also stated, “Bitcoin is still being sold at a discount.” Based on this...

356d agoburnking#Comparative weekend review