News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Overall, Circle's Q3 revenue and net profit both saw significant growth, with USDC's scale and trading volume reaching new highs. Arc and the payment network are advancing on dual fronts, but short-term stock price pressure reflects the market's sensitivity to costs, unlocking events, and competition.
The issuance of assets in the crypto industry is entering a new era of compliance.
As platforms like Uniswap and Lido implement token buybacks, various protocols are facing questions about control and sustainability amid growing concerns over centralization.
Arc previously launched its public testnet, making it available to developers and enterprises. Currently, more than 100 institutions have participated.
The Arbitrum Foundation aims to revitalize its ecosystem and lay out the groundwork for future financial infrastructure through three initiatives: the DRIP incentive program, the incubation of the PerpDEX Variational Protocol, and the staking of US stock tokenization. Summary generated by Mars AI. The accuracy and completeness of this summary are still undergoing iterative updates.
- 10:04U.S. prosecutors deny making immunity promises in FTX partner caseChainCatcher news, according to Cryptopolitan, former U.S. federal prosecutor Danielle Sassoon firmly denied ever promising immunity to Michelle Bond, the partner of former FTX executive Ryan Salame, during a high-stakes evidentiary hearing at the Manhattan federal court. According to the hearing, Sassoon testified regarding the guilty plea of Ryan Salame, former co-CEO of FTX Digital Markets, who was sentenced to more than seven years in prison after pleading guilty. Further scrutiny of this former FTX executive and his then-girlfriend Michelle Bond led to campaign finance allegations against Sassoon. "I had no intention of setting anyone up or inducing anyone to plead guilty," Sassoon said when referring to the fact that Bond was still prosecuted after Salame's guilty plea. Bond is one of the last few associates involved in the criminal cases of former FTX executives. She is seeking to have the charges dismissed, arguing that prosecutors "induced Salame's guilty plea." Bond has pleaded not guilty to charges of conspiracy to make illegal campaign contributions, facilitating and receiving excessive campaign contributions, facilitating and receiving illegal corporate contributions, and facilitating and receiving straw donations.
- 10:02Japanese listed company Convano increases its holdings by 97.67 bitcoinsJinse Finance reported, citing market sources: Japanese listed company Convano Inc has increased its holdings by 97.67 BTC, and now holds a total of 762.67 BTC.
- 09:52A BTC long position at a certain address was liquidated due to a sharp price drop, resulting in a loss of approximately $5.23 million.Foresight News reported, according to monitoring by @ai_9684xtpa, the BTC long position held by the address starting with 0x926 for less than 4 days was liquidated due to a sharp price drop. The position was 256.98 BTC (approximately $20.86 million), with a liquidation price of $81,191.3. The address incurred a loss of $5.23 million in this trade, ranking second on Hyperliquid's 24-hour loss leaderboard. At the same time, this address also has an open SOL long position with an unrealized loss of $87.