JUST IN: OpenAI is building its own social network to rival Elon Musk's X, Verge reports.


Tether CEO Paolo Ardoino stated that the global user base for Tether stablecoin (USDT) has exceeded 450 million, with over 30 million new users added each quarter. The main growth comes from emerging markets, and Tether is continuing to promote the popularity of "digital dollars" worldwide.
According to Foresight News, Fragmetric, the Solana Ecological Liquidity Pledge Agreement, announced in X that it has received funding from the Solana Foundation (Grant) to establish new liquidity pledge standards. Officially, this move will benefit all participants in the re pledging ecosystem.
According to Lookonchain statistics, 10 Bitcoin ETFs had a net inflow of 1147 BTC (approximately $97.03 million) today, with iShares (BlackRock) receiving 955 BTC and currently holding 573188 BTC (approximately $48.47 billion); Nine Ethereum ETFs had a net outflow of 3775 ETH (approximately $6 million), of which Grayscale had an outflow of 5241 ETH and currently holds 1169305 ETH (approximately $1.86 billion).
Foresight News reported that according to the Aptos governance page, community member Moon Shiesty submitted a proposal for AIP-119, suggesting a monthly reduction of 1% in the pledged annualized yield for the next three months, to a final rate of approximately 3.79%. This proposal aims to serve as a preliminary attempt to reconstruct the Aptos economic model and is planned to be gradually implemented over six months to assess its potential impact. The proposal argues that the current~7% pledge yield is too high, reducing capital efficiency, and encourages communities to explore more risky or costly opportunities such as re pledging, DePIN infrastructure, MEV, and DeFi rewards. Although reducing pledge rewards may decrease the incentive to hold APTs, the proposal suggests that lower inflation and new reward mechanisms are expected to offset the impact. The proposal points out that this may have an impact on small validators, and suggests considering supporting validators with less than 3 million APTs through community staking programs, and discussing more efficient long-term incentive methods. The proposal is expected to be reviewed by the community and foundation in the next four weeks, and submitted to the mainnet for voting in the fifth week.
According to Foresight News, Redacted has announced the final allocation plan for RDAC tokens. The official statement states that token distribution embodies long-term principles of fairness, collaboration, and sustainability, and will incentivize early contributors, community participants, and builders. Among them, the Jirasan community will unlock 25% of the tokens obtained in TGE, followed by a 3-month cliff and monthly linear release, with the possibility of accelerated release after reaching milestones such as Tier 1 launch, revenue, and market value; Other community shares will adopt different TGE unlocking ratios, with a 3-month clip and a 24 month linear release. The team token will be unlocked strictly based on the market value threshold. After a 12-month cliff, for every $100 million increase in market value, 10% will be unlocked; If the market value does not reach 100 million US dollars, the team token will be permanently destroyed, and the unlocking limit is 1 billion US dollars. Redacted stated that this model draws on the long-term incentive framework of Binance founder Zhao Changpeng, ensuring that teams only benefit when they achieve their goals, and announced that previous versions of the token economy model have been invalidated.