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Alibaba Qwen Deep Research has added one-click webpage and podcast generation features. In testing, Qwen and Gemini were tied for best accuracy; Qwen led in research depth and webpage output, while Gemini excelled in multimedia quality. Summary generated by Mars AI. The accuracy and completeness of this summary, generated by the Mars AI model, are still being iteratively improved.
The Base ecosystem prediction platform Limitless saw its token LMTS surge by 110%, with a market capitalization reaching $429 millions; MERL spot price increased by 40%, with a futures price spread of 48%; Machi suffered losses in contract trading; Giggle Academy clarified that it has not issued any tokens; Binance hired a Trump ally for lobbying; a mysterious whale increased BTC long positions; the probability of a Federal Reserve rate cut in October rose to 98.3%. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved.
Chen Zhi, a 28-year-old from Fujian, founded Prince Group, the largest real estate conglomerate in Cambodia. He was later indicted by the U.S. Department of Justice for alleged transnational online fraud and money laundering, with $15 billion worth of bitcoin seized. His fraudulent empire involved large-scale online gambling and "pig-butchering" scams, and maintained operations by bribing public officials in multiple countries. Although he enjoyed a reputation as a philanthropist and entrepreneur in Cambodia, the true nature of his business empire has now been exposed.
![[Bitpush Weekend Review] Trump nominates SEC crypto task force chief legal advisor Michael Selig as CFTC Chairman; Trump says at a private gathering that cryptocurrency could help solve the $35 trillion US debt problem; Bloomberg: Since the introduction of regulatory bills in the US, the proportion of stablecoins used for payments has surged by 70%](https://img.bgstatic.com/multiLang/image/social/6f7dc601c3d5c684dffeb2a0f54b0e661761530402644.png)
Quick Take Summary is AI generated, newsroom reviewed. Wallets tied to FalconX and Wintermute recently bought 21k SOL (~$3.9 M) and 71.5k SOL (~$12.5 M) in one transaction. SOL currently trades near ~$190, matching transaction USD conversions of ~$3.9 M for 21k SOL (≈ $185 each). 71.5k SOL equals roughly 0.015% of Solana’s ~470 million circulating supply. Hong Kong’s SFC approved the first spot SOL ETF under ChinaAMC for listing on October 27, 2025.References X Post Reference
- 03:26Data: Jeffrey Huang reduces ETH and HYPE long positions, rolling $460,000 principal into $1.92 million in 5 daysAccording to ChainCatcher, monitored by HyperInsight, Huang Licheng has partially closed his ETH long positions in the $4,068 to $4,200 range, cumulatively reducing his holdings by $1 million. His current ETH long position is still valued at $9.26 million, with a floating return rate that once exceeded 240%. At the same time, he has reduced his HYPE long position by more than 5,000 tokens today, with a current floating return rate of over 150%. The total value of this address's current holdings is approximately $11.66 million, with the principal rising from $460,000 on the 23rd to the current $1.92 million. Previously, it was reported that on the 23rd, Huang Licheng opened an ETH long position at an average price of $3,785, with a notional value exceeding $9.6 million and a liquidation price of $3,711. He subsequently established a HYPE long position at an average price of $38.5, with a notional value of about $1 million.
- 03:26Surf Protocol officially upgraded to TurboFlow, a fully on-chain perpetual contract platformChainCatcher reported that the PerpDEX platform Surf Protocol today announced a comprehensive upgrade of its brand and system, officially launching the fully on-chain version TurboFlow. TurboFlow is a PerpDEX dedicated to providing retail investors with an ultimate trading experience within a secure and transparent framework. It offers more flexible trading methods, with some tokens supporting up to 1000x leverage; it features an original zero-fee profit-sharing model, which can be selected alongside the traditional fee model, both maintaining the industry's lowest rates; it has a more user-friendly risk control system, with the lowest maintenance margin rate in the industry for liquidations, helping users achieve more controllable risk management in high-leverage environments; platform prices are derived from the weighted average of multiple exchanges to avoid extreme price spikes. According to the introduction, TurboFlow is built on an independent Layer1 architecture, with all trading data and asset migrations already on-chain, achieving verifiability and traceability. User assets will be automatically migrated to the new platform with one click, and the entire process's gas costs will be covered by the official team. Both the web and mobile versions have been launched simultaneously. The original Surf platform will stop accepting new orders starting from November 3 (UTC+8), and all settlements and migrations will be completed by November 17 (UTC+8). TurboFlow founder Tony He is the co-founder of the Nasdaq-listed Amber Group and has extensive experience in financial derivatives and the blockchain industry. Tony stated that TurboFlow's goal is "to make transparency the underlying logic of the system and provide retail investors with a professional, seamless, and fair trading experience."
- 03:23Helius Labs CEO: A new independent core team is being formed for Zcash, focusing on scalability and security.Jinse Finance reported that Helius Labs CEO Mert posted on X that a new independent core team is being formed for Zcash. This team will focus on scalability (scale enhancement) and security, aiming to create a "Manhattan Project" for privacy coins.