Web3 security company ExVul said on the X platform that Stargate has been down for nearly 6 hours. According to the Stargate team, the downtime is caused by a failure of DVN's Executors, and the LayerZero team is currently repairing it. According to the data on layerscan, there are currently 25.6k transactions blocked.

At present, it seems that the proposal initiated by Allez Labs, Morpho and Yearn will most likely not pass, and it is unknown whether Aave will really withdraw from the Polygon ecosystem (Note: Lido has announced that it will gradually shut down its staking services on Polygon).

MANTRA, a Layer1 blockchain focused on RWA assets, said on the X platform that the updated OM token economics proposal is now live, with snapshot voting now open and mainnet voting to take place next week.

The community reports that Stargate is currently down. Do not use Stargate to transfer funds across chains at this time. Transactions will get stuck in the middle of the transfer.

The EU crypto asset law will take full effect at the end of the year. In order to comply with the Markets in Crypto Assets Regulation (MiCA), many cryptocurrency exchanges in the EU have removed USDT, the mainstream stablecoin Tether. This move is affecting the market for such tokens, with new issuers trying to fill the gap and investors defaulting to using euros for cryptocurrency trading.

Saylor has become a well-known figure in the crypto market in 2020 for his firm belief in Bitcoin. However, he was involved in a huge tax dispute in 2022.

Binance Alpha announced the fourth batch of projects, namely: $BANANA, KOGE, BOB, MGP, PSTAKE, GNON, Shoggoth, LUCE, and ODOS.

According to coinmarketcap data, in the past 30 days, 10 of the top 500 cryptocurrencies by market value have fallen by more than 50%, of which 8 are meme coins. The specific data are as follows: Magic Eden (ME) fell 72.88% and is now priced at $3.07; Peanut the Squirrel (PNUT) fell 59.75% and is now priced at $0.6628; Goatseus Maximus (GOAT) fell 58.30% and is now priced at $0.4799; Department of Government Efficiency (DOGE) fell 56.60% and is now priced at $0.1015; Popcat (SOL) (POPCAT) fell 55.57% and is now priced at $0.7724; Just a chill guy (CHILLGUY) fell 53.90% and is now priced at $0.1811; XION (XION) fell 52.93% and is now priced at $3.30; Ponke (PONKE) fell 52.76% and is now priced at $0.3369; Neiro (Neiro On Ethereum) (NEIRO) fell 52.11% and is now priced at $0.0009805; Sudeng (HIPPO) fell 51.50% and is now priced at $0.009632.

What crypto-friendly moves will Trump's team make? I'm sure everyone's first thought is "BTC Strategic Reserve Proposal"

$PENGU is the first step, Abstract is the second step.