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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.
- 16:42Vitalik: Bitcoin mining hash rate surpasses the 2^96 milestone, supporting the 128-bit security standardForesight News reported that Ethereum co-founder Vitalik Buterin stated in a post that, according to rough calculations based on average difficulty statistics, Bitcoin mining has recently just crossed the milestone of a total of 2^96 hashes. Vitalik believes this provides ample reason to adhere to (close to) the 128-bit security standard, and noted that Drake's previous viewpoint was correct. This data reflects the continuous growth of Bitcoin network hash power and the ongoing improvement of its security.
- 16:19BTC falls below $90,000Jinse Finance reported that according to market data, BTC has fallen below $90,000, currently quoted at $89,984.66, with a 24-hour decline of 2.8%. The market is experiencing significant volatility, please ensure proper risk control.
- 16:11Data: 3,250 ETH transferred out from Fidelity Custody, worth approximately $10.19 millionAccording to ChainCatcher, Arkham data shows that at 23:50, 3,250 ETH (worth approximately $10.19 million) were transferred from Fidelity Custody to an anonymous address (starting with 0xd08c...).