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Gate DEX's Meme Go officially launches the weekly trading check-in BNB Chain event. Users only need to participate in Meme token trading on the BNB Chain and meet the conditions to have a chance to share 20,000 USDT. Meme Go offers fast trading and analysis tools to help users seize investment opportunities.

a16z Partner Chris Dixon pointed out in an article that non-financial applications of cryptocurrencies are not dead, believing that finance is the foundation and testing ground for blockchain applications. He emphasized that building new industries takes time, and blockchain should first be promoted through financial applications before broader applications can be introduced. He cited the development process of the internet, highlighting the importance of infrastructure, and believes that great endeavors require time.

Gate News bot message, according to Lookonchain, two prominent Ethereum bulls experiencing significant losses - Garrett Jin (#BitcoinOG1011short) and Trend Research - have been identified using the same centralized exchange deposit address. This finding was revealed in a report highlighting the top

ChainCatcher reports that, according to Coinglass data, the total liquidation across the entire network in the past 24 hours was $649 million, with long positions liquidated at $179 million and short positions at $470 million. Among these, Bitcoin long liquidations amounted to $86.1178 million, Bitcoin short liquidations to $298 million, Ethereum long liquidations to $42.4649 million, and Ethereum short liquidations to $85.0779 million.

Vitalik comments on ENS stopping development of L2 Namechain, believing that deploying v2 directly on the Ethereum mainnet is a wise move. He points out that ENS domain names are at the core of the Ethereum ecosystem, and the best architecture for decentralized identity should store personal data on L1 while using L2 to handle user operations.

Odaily Planet Daily reports that trader Eugene Ng Ah Sio posted on his personal channel: "So far, everything is going well. Yesterday's bottom-fishing was a miraculous move. The 60,000 level rebounded, and I feel there is still hope for the future market."

The China Securities Regulatory Commission has issued regulatory guidelines to strictly oversee the issuance of tokenized securities abroad using domestic assets, prevent speculation and risks. It requires compliance with laws and regulations, filing and reporting relevant information, prohibits certain financing activities, and ensures the interests of the country and society.

The U.S. Commodity Futures Trading Commission (CFTC) reissued Staff Letter Nos. 25-40, with limited revisions to the definition of "payment stablecoins," clarifying that National Trust Bank can serve as an authorized issuer to avoid excluding its issuance eligibility.

According to Coinglass data, the total holdings of whales on the Hyperliquid platform amount to $2.808 billion, with long positions accounting for 46.43% and short positions for 53.57%. The unrealized profit and loss for longs is -$113 million, while for shorts it is $244 million. Whale address 0xa5b0..41 is fully long on ETH at a price of $2,239.8, with an unrealized P&L of -$6.4801 million.

Foresight News reports that basketball star "Greek Freak" Giannis Antetokounmpo has announced his participation as a shareholder in Kalshi. Giannis Antetokounmpo is a Greek professional basketball player currently playing for the NBA Milwaukee Bucks.

Gate News bot message, a whale deposited $2.5 million USDC into HyperLiquid and opened an ETH long position with 10x leverage. This whale had previously lost over $2.568 million in prior trading activities.

Odaily Planet Daily reports that Bloomberg senior ETF analyst Eric Balchunas stated on the X platform that 21Shares is applying to launch the Ondo ETF.

Odaily Planet Daily reports that the stablecoin protocol Cap announced on X that, after assessing the current market conditions and community feedback, it has decided to postpone the Cap ICO. Although the protocol's growth and market response have been strong, due to increased volatility in the macroeconomic environment and restrictions on some potential participants, Cap has made this decision from a long-term perspective to ensure fairness and inclusivity in participation.
Cap will share an update plan when market conditions are more favorable for broad participation.

ChainCatcher reports that, according to Coinglass data, the total liquidations across the entire network in the past 24 hours amounted to $698 million, with long positions liquidated at $193 million and short positions at $505 million. Among these, Bitcoin long liquidations totaled $94.03 million, Bitcoin short liquidations reached $311 million, Ethereum long liquidations were $45.85 million, and Ethereum short liquidations amounted to $99.93 million.

Odaily Planet Daily reports that crypto journalist Eleanor Terrett posted on X that an insider revealed the next round of consultations between the White House and cryptocurrency institutions regarding stablecoin yields is scheduled for next Tuesday. The meeting will still involve banking staff, but in addition to bank representatives, representatives from various industry associations will also attend.
The specific list of attendees will be disclosed further later.

Foresight News reports that, according to Onchain Lens monitoring, Trend Research under Yilihua has transferred out a total of 431,864 ETH (approximately $847 million) in the past 24 hours. In the past 6 days, this address has transferred out 620,452 ETH (about $1.27 billion), leaving only 31,301 ETH (approximately $64.8 million) remaining.

ChainCatcher reports that, according to Arkham data, at 08:41, 337.26 BTC (worth approximately $13,615,300) was transferred from an anonymous address (starting with 388zLzmP...) to another anonymous address (starting with 3AK282X4...). Subsequently, this address transferred some BTC (143.13 BTC) to another anonymous address (starting with 3NJEBbpq...).

ChainCatcher reports that, according to Arkham data, at 08:34, a total of 33.4 BTC (valued at approximately $2,343,100) was transferred from multiple anonymous addresses to Jump Crypto.