Planet Daily | pump.fun 24H revenue exceeds Solana, Circle and Ethereum; Pumpfun disables live broadcast function (Novem

Titres

Pump.fun 24H revenue exceeds Solana, Circle and Ethereum

DefiLlama data shows that pump.funs 24-hour revenue was US$5.31 million, ranking second only to Tether and surpassing Solana, Circle and Ethereum.

Pumpfun disables live streaming

According to market sources, Pumpfun has disabled the live streaming feature.

Vitalik: Crypto is a secure underlying layer, Crypto+DeAI may save the world

In an interview with Tencents Qianwang, Ethereum co-founder Vitalik expressed his views on the intersection of Crypto and AI industries. He said: The role of Crypto is to make a game. The game you make may have many goals. Trading can be said to be a game. Another example is the prediction market. This year, Polymarket (a prediction market project) has been more successful. Crypto can make a game, use smart contracts to execute the rules of the game more safely, and AI can participate in this game. If only people participate, sometimes the efficiency is not high enough. For example, in the prediction market, I played more in Polymarket this year. I found that the quality of their results was not very high four years ago, and this year it is much higher than four years ago. Why? One of the reasons is that there is more liquidity. Last year it may be 1 million or 10 million US dollars, this year it may be 100 million or 200 million. But I also found that this year, its answers to matters with low liquidity are also relatively good. So, it is very likely that AI is involved now. AIs reaction speed is very fast. It takes 24 hours for one person to do this. I have been on the computer for hours, reading all the news every minute and every second. But an LLM, you let it run, it can do it by itself. I think there will be more examples in the future, maybe in the social field, maybe in other fields. Crypto is a security bottom layer. You can make a game through Crypto to ensure that the rules of the game are fair. The role of AI is to participate. In addition, he mentioned: If you want to see how Crypto can save the world? It cant be just Crypto, but Crypto + something else. So Crypto + what? The first one may be Crypto + Decentralized AI; the second one may be Crypto + a technology that can replace AI.

Finally, he believes: If issuing a coin and setting up an exchange is the only thing we do, then this industry is a failure. Before this year, transaction fees were too high, some important technologies were not mature, account security issues were not resolved, privacy issues were not resolved, and many problems were not resolved. Therefore, before this year, our industry did not have enough technology to make applications that ordinary people can participate in. One of the reasons why the only successful application is DeFi is because DeFi can make more money. This year, we finally started to solve these problems. This year is the best time to make meaningful applications.

Justin Sun invests $30 million in Trump family crypto project WLFI, becoming its largest investor

Sun Yuchen announced that he would invest $30 million in the Trump familys crypto project World Liberty Financial (WLFI), becoming its largest investor. He also said that the United States is becoming the center of blockchain, thanks to Trumps support for Bitcoin.

Yesterday, Bitwise BITB had a net outflow of $280.7 million, setting a record for its highest single-day outflow

According to Farside Investors data, Bitwise BITB had a net outflow of US$280.7 million yesterday, setting a record for its highest single-day outflow.

Publicly traded company Rumble plans to use its cash reserves to buy $20 million in Bitcoin

Rumble, a Nasdaq-listed video sharing and cloud services platform, announced plans to invest up to $20 million of its excess cash reserves in Bitcoin as part of a new corporate financial diversification strategy. The board of directors approved the allocation, which is intended to position Bitcoin as a strategic asset and inflation hedge in its finances.

The company plans to integrate cryptocurrencies into its ecosystem, supporting Rumble鈥檚 mission of building independent infrastructure and promoting an open internet.

Bitcoin purchases will be made at managements discretion, taking into account market conditions, Bitcoins commerce price and the companys cash flow needs. (CryptoBriefing)

Nouvelles de l'industrie

ETF provider WisdomTree has registered XRP ETF in Delaware, USA

According to a post by Fox Business reporter Eleanor Terrett on the X platform, global ETF provider WisdomTree has registered the XRP ETF in Delaware, USA. The company has now confirmed that it is a legal filing. It is reported that WisdomTree manages assets of more than US$100 billion.

VanEck: Bitcoin ETF zero-fee service extended for one year

VanEck announced on the X platform that it will extend the zero-fee service of its Bitcoin exchange-traded fund VanEck Bitcoin ETF (HODL) for one year, which is expected to last until January 2026. For experienced HODL investors, this will eliminate the cost barrier to investing in Bitcoin, but VanEck reminds investors that they may be charged brokerage fees or commissions by brokers.

Polymarkets probability of Trump establishing a US national BTC reserve has fallen to 29%, with a bet amount of $844,000

According to the prediction market Polymarket data, Trumps chances of establishing a US national BTC reserve are 29%, down 3% from November 15, and down 31% from the high of 60% on November 7. According to the website information, the end time of this guessing activity is April 29, 2025, and the current betting amount is 844,000 US dollars.

DEXX founder: Working with multiple security experts to restructure and upgrade asset security solutions

DEXX founder Roy posted on the X platform that DEXX has not laid off any members of the team to date and is operating at extremely high costs every day. He also said that he will be responsible to the end and ensure that his words and deeds are consistent, and he also hopes to continue to let DEXX be reborn.

1. We are working with law enforcement agencies and multiple security companies to investigate and identify the hackers, and are determined to recover the stolen funds.

2. Until now, the platform is still generating transactions and profits. In the past week, it generated nearly $2 million in trading volume and nearly $20,000 in profits.

3. The team is working with a number of security experts to reconstruct and upgrade the asset security plan to ensure the subsequent security of users assets.

4. The team is currently formulating a compensation plan. For the affected users, every address and every transferred funds will be carefully verified.

It is said that DEXX has obtained a lot of effective information through legal channels. If the hacker takes the initiative to contact within 48 hours, he is willing to communicate with a solution attitude, otherwise he will définitely pursue it to the end. Roy added that the compensation plan will soon be publicized and implemented through official channels.

Nouvelles du projet

Avalanche Launches Avalanche 9000 Upgrade on Testnet and Launches $40 Million Retroactive Rewards Program

The team behind Avalanche launched its major upgrade on the testnet on Monday, called Avalanche 9000, which includes a number of technical improvements designed to reduce the cost of blockchain deployment by 99.9%. These improvements include community proposals ACP-77 (making Avalanche L1 validators more flexible) and ACP-125 (aimed at reducing Avalanches base fee by 96%).

At the same time, a $40 million retroactive grant program, Retro 9000, was launched to reward builders who develop L1 blockchains and other tools on the Avalanche 9000 testnet.

Andrew Kang: Grass may achieve 9-figure revenue next year

Andrew Kang, partner of Mechanism Capital, wrote on the X platform that the latest developments in artificial intelligence have made data one of the most valuable commodities in the world, and Grass uses crypto incentives to create data pipelines that most AI companies cannot use. At the current growth rate, they seem to be on track to achieve 9-digit revenue next year, or even break through billions of dollars. Andrew Kang added that he has studied many projects that combine encryption and artificial intelligence, but unfortunately, most of them are not investable, and Grass is one of the top legitimate foundation projects that have emerged in this cycle.

Binance launches 1000 WHYUSDT and 1000 CHEEMSUSDT perpetual contracts

According to the official announcement, Binance will launch 1,000 WHYUSDT perpetual contracts at 11:30 (UTC) on November 25, 2024, and 1,000 CHEEMSUSDT perpetual contracts at 11:45 (UTC), supporting up to 75x leverage.

NDV Lianchuang: Cheems consensus is not strong enough to reach the $200-300 million range

Christian 2022.eth, co-founder of NDV, posted on the X platform that he was shocked to see the news of Cheems listing. He asked the operation team of Cheems Twitter, and they were completely unaware of the news of the listing. After analyzing the reasons for the plunge, it was found that the rat warehouse addresses that entered the market with a surge on the 19th continued to raise the price, and the robots on bsc generated millions of dollars of selling pressure in the short term until the bottom was caught. I will not maliciously speculate whether these large orders bought later are rat warehouses with insider information, or just speculative purchases based on predictions, but in the final analysis, the consensus of $Cheems is not strong enough to reach the range of 200-300 million US dollars. It is supported by unrealistic expectations of listing (spot), and a sharp drop is inevitable when expectations are not met.

Market News: Robinhood US Launches WIF

According to market news, Aggr News disclosed that Robinhood US launched WIF.

Bithumb will launch BICO and PUFFER Korean Won trading pairs

According to the official announcement, Bithumb will launch BICO and PUFFER Korean won trading pairs today, and trading is expected to open at 3 pm local time.

Investissement et financement

OpenTrade Completes $4 Million Seed Round Extension Financing, Led by AlbionVC

Web3 institutional lending and yield product platform OpenTrade announced the completion of a $4 million seed round of extended financing, led by AlbionVC, with participation from a16z Crypto and CMCC Global. It is reported that OpenTrade intends to use this round of funds to expand its operations, enhance product functionality, and develop other services including yield products supported by new asset types.

Metalayer plans to set up a $25 million crypto venture capital fund

A company called Metalayer has filed documents with the U.S. Securities and Échange Commission (SEC) to set up a $25 million investment fund. According to people familiar with the matter, Metalayers co-founders are three senior people from Two Sigma Ventures. It is reported that Metalayer has completed its first fundraising last Friday, with a committed capital of $20 million, and plans to complete the full fundraising by the end of the year.

According to sources, Metalayers initial funding came from some executives of Two Sigma Ventures, but there will be no formal relationship between the two companies. Two Sigma is known for its hedge fund and manages about $60 billion in assets. Metalayer has also raised funds from other backers, including family offices and other executives of crypto protocols. (Fortune)

Voix des personnages

Trader Eugene: Long positions have been closed for profit, BTC is not optimistic as it has not broken through $100,000

Trader Eugene posted on the X platform: Long positions have been closed for profit. It is recommended to remain cautious. Saylor bid $5.5 billion, and Bitcoin failed to break through $100,000, which is not optimistic.

Adam Back: World Hyperbitcoinization is Coming

Adam Back, a crypto-punk legend and co-founder of Bitcoin infrastructure development company Blockstream, said that MicroStrategy continues to increase its holdings of BTC, the world is rapidly re-pricing Bitcoin, and hyperBitcoinization is nigh. Some people have doubts about MicroStrategys approach. But in fact, when something important is mispriced, it is arbitraged. The MicroStrategy strategy accelerates arbitrage of mispricing, so yes, it can be expanded, this is not a problem, but an arbitrage of the fact that the entire fiat currency world is mispriced.

This article is sourced from the internet: Planet Daily | pump.fun 24H revenue exceeds Solana, Circle and Ethereum; Pumpfun disables live broadcast function (November 26)

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