RT Token Terminal 📊 (@tokenterminal)Top 5 tokenized assets on @solana, based on market cap:🥇 USDC stablecoin 📉🥈 USDT stablecoin 📉🥉 PYUSD yieldcoin 📈4⃣ USDG yieldcoin 📈5⃣ BUIDL yieldcoin 📈Key takeaway?Assets that share economics w/ users are growing faster than those that don't. https://t.co/WnYZjmH2u9 ...

RT Token Terminal 📊 (@tokenterminal)Top 5 tokenized assets on @solana, based on market cap:🥇 USDC stablecoin 📉🥈 USDT stablecoin 📉🥉 PYUSD yieldcoin 📈4⃣ USDG yieldcoin 📈5⃣ BUIDL yieldcoin 📈Key takeaway?Assets that share economics w/ users are growing faster than those that don't. https://t.co/WnYZjmH2u9 ...

A Beijing court has sentenced five individuals to prison terms ranging from two to four years for operating an illegal foreign exchange operation that moved over $166 million through crypto channels As regulators described, this marks one of China’s most significant prosecutions of crypto-enabled financial crime, as authorities intensify their crackdown on digital asset activity. The case, unveiled at the 2025 Financial Street Forum Annual Meeting on October 28, particularly shows Beijing’s growing sophi ...

Bankrupt cryptocurrency lender Celsius Network has filed a lawsuit against San Francisco-based Archblock Inc., alleging the firm orchestrated a “multimillion-dollar fraud” by mismanaging customer funds tied to its stablecoins. The lawsuit, lodged in the U.S. District Court for the Northern District of California, alleges that Archblock Inc. and its subsidiaries, TrustToken Inc. and TrueCoin LLC, falsely represented their TrueCurrency tokens as fully collateralized and backed by cash held in escrow. Celsiu ...

Core Insights - The Blockchain Recovery Investment Consortium (BRIC) announced that Tether has settled claims from the Celsius Network bankruptcy estate for $299.5 million, resolving a lawsuit filed in August 2024 in the U.S. Bankruptcy Court [1][5] - Tether had previously rejected Celsius's lawsuit, which sought to recover approximately 39,542 Bitcoin, valued at nearly $4.5 billion, claiming it was a "baseless shakedown" [2] - Tether maintained that it acted lawfully under a 2022 agreement requiring Celsius to post additional collateral when Bitcoin prices fell, and liquidated Bitcoin to cover an $815 million debt when Celsius failed to meet margin requirements [3] Legal Proceedings - Celsius alleged that Tether did not provide the required 10-hour window to deposit additional collateral before liquidating Bitcoin, which destroyed Celsius's residual interest [4] - A federal judge ruled in July that the lawsuit against Tether could proceed, allowing the case to continue [6] Management and Recovery Efforts - BRIC was established in early 2023 to maximize asset recovery in complex crypto bankruptcy cases and was appointed as the complex asset recovery manager and litigation administrator for Celsius after its emergence from bankruptcy protection in January 2024 [5] - The consortium is overseeing a portfolio of illiquid and litigation assets for the Celsius estate during its wind-down phase, aiming to benefit creditors [6] Background on Celsius Network - Celsius Network co-founder and former CEO Alex Mashinsky was sentenced to 12 years in prison in May for securities and commodities fraud, having misused customer funds and manipulated the price of the CEL token [7]

Core Insights - Tether has appointed Benjamin Habbel as its chief business officer to expand its investments beyond digital assets [1][3] - The company aims to enhance its growth strategy and portfolio, which includes sectors like AI, telecommunications, bitcoin mining, energy, cloud computing, and real estate [2][3] - Tether's USDT stablecoin has a market capitalization of approximately $173 billion [2] - The firm invested $200 million in Blackrock Neurotech last year, acquiring a majority stake in the U.S. brain implant company [2] - Tether is positioning itself as a technology and financial services company, moving beyond its identity as a stablecoin issuer [3][4] - The company is looking to expand its presence in the U.S. market, benefiting from favorable regulatory conditions [3]

Stablecoin Liquidity - Aave正逐渐发展成为稳定币流动性的中心 [1] Loan Activity - Aave平台上Tether (USDT) 稳定币的活跃贷款自年初以来增长约170% [1]

Core Insights - Cantor Fitzgerald launched the Cantor Fitzgerald Gold Protected Bitcoin Fund to provide investors with exposure to Bitcoin while offering downside protection through gold [1][2] - The fund aims to minimize short-term volatility and reduce correlation spikes, allowing investors to benefit from Bitcoin's long-term upward trend [1] - The strategy is designed to capture Bitcoin's growth while using gold as a safety net during market declines [1] Bitcoin Market Overview - Bitcoin is currently trading at approximately $112,182, reflecting a 1% increase over the past 24 hours and over 20% year-to-date [3] - Despite recent gains, Bitcoin has experienced a nearly 9% decline since reaching an all-time high of $124,128 last month [3] - Experts suggest that the approval of spot Bitcoin ETFs may lead to reduced volatility for the asset [4] Gold Market Context - Gold reached a new high of nearly $3,680 per ounce, up more than 37% year-to-date, driven by concerns about the U.S. economy and inflation [5] - Gold is traditionally viewed as a safe haven asset, particularly during times of economic uncertainty [5] Cantor Fitzgerald's Position - Cantor Fitzgerald has been a strong supporter of Bitcoin and is involved in custody services for Tether's USDT stablecoin [6] - The firm has a significant presence in the cryptocurrency space, including a $2 billion Bitcoin lending business [5]

Appchain Analysis - TRON 可能成为首个成功的 Appchain 实现案例 [1] - Appchain 被定义为单个应用或用例（例如 Tether 和 USDT 稳定币）负责链上大部分经济活动 [1]

TRON might be the 1st successful implementation of an appchain?Appchain being defined as 1 app or use case (@Tether_to & USDT stablecoin) being responsible for most of the chain's economic activity.Token Terminal 📊 (@tokenterminal):Applications on @ethereum host ~$330 billion in user assets.Applications on @trondao and @solana host ~$82 billion and ~$34 billion, respectively.Ecosystem TVL: sum of funds deposited into the applications on the chain. https://t.co/Uc4mhkapuy ...