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Collaboration Aims to Develop Multi-Stablecoin Liquidity-Powered Global Settlement Layer
Near Protocol Validators Require 80% Approval for Proposed Annual Inflation Reduction, with Decision Expected by October 2025
The overall crypto market is experiencing a decline, with significant price drops in bitcoin and ethereum. Altcoins are leading the downward trend, and the total liquidation amount across the network is substantial. Large investors are adjusting their positions to cope with the volatility. Summary generated by Mars AI This summary is produced by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.
DraftKings has acquired the CFTC-licensed Railbird exchange, entering the prediction market sector to counter competitive threats, resulting in an 8.3% increase in its stock price. This move expands its business into states where traditional gambling is prohibited, but also faces regulatory challenges. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively updated by the Mars AI model.
- 07:57Crypto mining machine manufacturer Bgin Blockchain IPO priced at $6 per share, closes down over 17% on first trading dayChainCatcher reported that Bgin Blockchain (BGIN.US), a company focused on the production of alternative cryptocurrency mining equipment, was listed on the Nasdaq in the US yesterday. Its initial public offering (IPO) was priced at $6 per share, which is the midpoint of the previously announced price range of $5-7 per share. The company issued 5 million shares in its IPO, raising $30 million. On its first day of trading, the stock closed down 17.33% at $4.96 per share.
- 07:47US-listed medical company Prenetics announces purchase of 7 BTC, bringing total holdings to 268.4 BTCAccording to Jinse Finance, market sources report that Prenetics, a US-listed medical health company, has announced the purchase of 7 Bitcoins (Bitcoin), bringing its total Bitcoin holdings to 268.4.
- 07:46JustLend DAO Passes JST Buyback and Burn Proposal, Officially Launches New Deflationary MechanismChainCatcher news, JustLend DAO, as the core DeFi protocol on the TRON network, officially passed the JST buyback and burn proposal through community governance on October 21. According to the new mechanism, all net profits of JustLend DAO and USDD multi-chain ecosystem profits exceeding 10 millions USD (excluding the first 10 millions) will continue to be transparently bought back and burned on-chain, with the first burn already successfully completed. This move marks JST's official transition from a "fully circulating token" to a "continuously deflationary value asset," laying a solid logical foundation for JST's long-term value growth.