Digital asset investment products saw their largest weekly inflows last week, at $3.13 billion, bringing year-to-date total inflows to a new high of $37 billion.

Solana currently has 107.5 million monthly active addresses, and is expected to break the record of 123 million set in October by the end of the month. In addition, Solana's main platforms Pump.fun and Raydium set new highs in transaction fee income this month, reaching US$71.5 million and US$182 million respectively.

The total supply of ZRC is 10 billion, of which 21% is allocated to community rewards, including 7% for the first quarter airdrop, 3% for the second quarter airdrop, and 2.45% for other activities. The token allocation for the team and investors has a 12-month lock-up period, and then a linear release over 24 months.

November 25, 2024 19:30 (GMT+8): 1000 WHYUSDT perpetual contracts; November 25, 2024 19:45 (GMT+8): 1000 CHEEMSUSDT perpetual contracts.

Singapore Gulf Bank (SGB), backed by Bahrain sovereign wealth fund Mumtalakat and Singapore Whampoa Group, is seeking to raise at least US$50 million in a round of financing and plans to acquire a stablecoin payment company next year, according to people familiar with the matter. The bank obtained a license in Bahrain in February this year and is currently in talks with a Middle Eastern sovereign wealth fund and other investors to sell less than 10% of its equity by early 2025. The funds raised will be mainly used to accelerate product development, enhance the bank's payment network and recruit more employees. The bank plans to acquire a stablecoin payment company in the Middle East or Europe in the first quarter.

Binance Options will launch BNBUSDT and SOLUSDT monthly options at 16:00 (ET) on November 26, 2024.

Ethereum co-founder Vitalik Buterin wrote on Warpcast: “The idea of developing applications just because we need applications is fundamentally soulless and completely abandons the idea that cryptocurrency is about making concrete changes to the world, making it more free, open and cooperative. At the same time, ignoring applications and focusing on versatility is also a short-term escape strategy.

Last week (November 18 to November 2, US Eastern Time), Bitcoin spot ETFs had a net inflow of $3.38 billion last week. Among them, Grayscale ETF GBTC had a net outflow of $52.85 million, and the current historical net outflow of GBTC is $20.33 billion.

Axie Infinity developer Sky Mavis has announced a 21% layoff of its staff. With a global team size of around 250, this decision will affect around 50 employees.