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The well-known decentralized application data platform DappRadar has announced the cessation of operations due to financial unsustainability and issues with its business model. The price of its token, RADAR, has plummeted, and the decline in the GameFi and NFT industries has led to a sharp decrease in revenue. Summary generated by Mars AI This summary was generated by the Mars AI model; the accuracy and completeness of its content are still being iteratively improved.
Quick Take Bitwise’s spot XRP ETF will start trading on Thursday under ticker XRP. There have been a rush of new altcoin ETFs in the U.S. market since the SEC updated its guidance clarifying procedures for firms seeking to roll out crypto ETFs.
Quick Take William Lonergan Hill was sentenced on Wednesday in the U.S. District Court for the Southern District of New York about two weeks after the sentencing of his former colleague Keonne Rodriguez. The pair pleaded guilty in July after initially denying the charges last year.
Quick Take World Liberty said it froze some user accounts in September following third-party security lapses and is beginning to reallocate funds to secure wallets. Earlier this week, Sens. Elizabeth Warren and Jack Reed reportedly asked the Justice and Treasury Departments to investigate alleged WLF token sales to sanctioned entities, citing Accountable.US research.
Bitcoin has slipped below key cost-basis models as spot demand and ETF flows weaken. Derivatives mirror this softness, with falling open interest, cycle-low funding, and options repricing sharply for downside. Rising IV and heavy put demand show the market rotating into protection.
- 03:11A certain whale purchased $13.89 million worth of assets from an exchange and now holds LINK, ETH, ENA, and others.According to ChainCatcher, Onchain Lens monitoring shows that a certain whale has purchased assets worth $13.89 million from an exchange. Currently, this whale holds assets valued at $74.83 million, including: 1.62 million LINK, worth $22.01 million; 6,050 ETH, worth $18.29 million; 43.53 million ENA, worth $11.27 million; 32,910 AAVE, worth $6.02 million; 8.08 million ONDO, worth $3.75 million; 1.49 million PENDLE, worth $3.6 million; 596,510 UNI, worth $3.26 million; 6.47 million ARB, worth $1.3 million; 22.59 million SKY, worth $1.18 million; and 3.16 million OP, worth $950,500.
- 03:11Strategy transfers 6,536 BTC to FidelityAccording to ChainCatcher, Arkham monitoring shows that in the past 48 hours, bitcoin treasury company Strategy has transferred a total of 6,536 BTC, worth over $600 million, to the Fidelity Custody Deposit address under Fidelity. As of now, Strategy has transferred 183,887 bitcoins to Fidelity for custody, accounting for 28.2% of the company's total holdings of 650,000 bitcoins.
- 03:02RootData: BB will unlock tokens worth approximately $3.03 million in one weekAccording to ChainCatcher, based on token unlock data from the Web3 asset data platform RootData, BounceBit (BB) will unlock approximately 37.03 million tokens at 00:00 on December 13 (GMT+8), with a total value of about $3.03 million.