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Behind the limited rewards lies an infinite game. The essence of trading competitions is a collective prisoner's dilemma—whether to achieve a Nash equilibrium or fall short, this uncertain game further excites traders’ nerves.

After the sharp drop early this morning, funding rates on major CEX and DEX platforms indicate that the market has clearly turned bearish.

When a wallet address is no longer just an asset credential, but an identity; when a profile picture is no longer just a JPEG, but a community signal; when a joke can spark collective creation and meme propagation, the spirit of decentralization has already taken root culturally. It does not need to be explained, but rather used, imitated, and recreated.

This year, as the popularity of the DePIN sector continues to rise, IoTeX has achieved several key milestones in the third quarter of 2024, attaining impressive results that have further solidified its position as a leader in the DePIN ecosystem.

Accurately shorting for a profit of 80 millions, on-chain data reveals suspicious funds linked to Garrett Jin.

Survival is everything.

- 20:45The Federal Reserve's overnight reverse repurchase agreement (RRP) usage was $2.874 billion on Thursday.Jinse Finance reported that the Federal Reserve's overnight reverse repurchase agreement (RRP) usage was $287.4 million on Thursday, compared to $504.5 million in the previous trading day.
- 20:40The New York Fed plans to conduct approximately $40 billion in reserve management purchases in December.ChainCatcher news, according to Golden Ten Data, the New York Fed's operations desk plans to conduct approximately $40 billion in reserve management purchases from December 12 to January 14.
- 20:13dYdX launches spot trading on Solana and opens access to US usersForesight News reported, according to CoinDesk, that the dYdX team is launching its first spot trading product on Solana, which will also be available to U.S. traders for the first time. Previously, the exchange was almost exclusively known for its derivatives market. To attract new users, especially those from the United States, dYdX announced that trading fees will be waived in December.