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[Over 2.02 million LINK transferred to Coinbase] Whale Alert monitoring shows that at 03:04 (UTC+8) today, 2,029,841 LINK (worth approximately $37.31618 million) were transferred from an unknown wallet to Coinbase.
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[Over 2.02 million LINK transferred to Coinbase] Whale Alert monitoring shows that at 03:04 (UTC+8) today, 2,029,841 LINK (worth approximately $37.31618 million) were transferred from an unknown wallet to Coinbase.
[Unsecured Lending Protocol 3Jane to Launch Mainnet in Early November] The unsecured credit lending protocol 3Jane has announced plans to launch its mainnet in early November. Initially, it will provide permissionless funding support for USD3 and sUSD3, with an initial lending cap of approximately $50 million. During the early phase, the service will only be available to U.S. residents with total assets exceeding $150,000. Once fully launched, 3Jane will cover over 50 categories of crypto-native assets and more than 10,000 decentralized finance (DeFi) protocols, involving crypto assets with a total value exceeding $250 billion. Previously, 3Jane completed a $5.2 million seed funding round in June this year, led by Paradigm.
[South Korean Listed Company Bitplanet Increases Holdings by 9 Bitcoins, Total Holdings Reach 110.67 Bitcoins] South Korean listed company Bitplanet recently purchased 9 bitcoins for $1.09 million, increasing its total holdings to 110.67 bitcoins. According to disclosed information, the company's total cost of acquiring bitcoins amounts to approximately $13.11 million, with an average cost of $118,765 per bitcoin.
[Beijing Prosecutor's Office Announces USDT Cross-Border Illegal Foreign Exchange Case Involving Over 1.1 Billion Yuan] The Beijing People's Procuratorate released the 'Typical Cases of High-Quality and Efficient Financial Prosecution Performance' (2024-2025), which includes a case involving illegal foreign exchange operations using Tether (USDT) as a medium, with the amount involved exceeding 1.182 billion yuan. From January to August 2023, Lin Moujia and four others used bank cards and USDT trading platform accounts to convert RMB into USDT and complete cross-border fund transfers, engaging in disguised foreign exchange trading activities. In March 2025, the Haidian District People's Court in Beijing sentenced the five defendants to prison terms ranging from two to four years and imposed fines. The judgment has taken effect. The prosecuting authorities optimized case-handling strategies and evidence systems to achieve precise strikes against crimes related to virtual currencies.
[Hong Kong Monetary Authority: Seven Banks Plan to Launch Tokenized Deposits This Year] Hong Kong Monetary Authority (HKMA) Assistant Chief Executive Joe Wong stated that the HKMA has received intentions from seven banks to launch tokenized deposits within this year. In response to market rumors that the HKMA is temporarily halting the retail application of the digital Hong Kong dollar, HKMA Deputy Chief Executive Howard Lee clarified that the use of stablecoins in retail has not been ruled out, and the actual application will be determined by commercial institutions. Howard Lee added that the digital Hong Kong dollar, stablecoins, and tokenized deposits share similar technical characteristics, but differ in issuers. The digital Hong Kong dollar is a public currency, while tokenized deposits and stablecoins are private currencies. The digital Hong Kong dollar and tokenized deposits tend to use private chains, whereas stablecoins are mostly issued on public chains.
[Significant Changes in Layer 1 Fee Landscape: Hyperliquid and BNB Chain Surge in Share] In 2025, the distribution of transaction fees across mainstream Layer 1 blockchains underwent significant changes. At the beginning of the year, Solana accounted for over 50% of the fees, but this has now dropped to 9%. Meanwhile, Hyperliquid and BNB Chain have seen their fee shares rise rapidly, reaching 40% and 20%, respectively, a notable increase from their combined 10% at the start of the year. This shift has been influenced by multiple factors, including market demand, user preferences, and structural adjustments. The decline in Solana's fee share is linked to the fading of its Meme coin trading frenzy, which peaked during the launch of TRUMP and has since gradually subsided. Additionally, Hyperliquid's higher transaction fees for derivatives trading mean even moderate user growth significantly boosts its share. BNB Chain, on the other hand, has expanded its user base through Aster and attracted substantial retail capital inflows via the integration of Binance Alpha and Binance Wallet.