1. Next week will welcome the "Non-Farm Week" in the United States. Federal Reserve Chairman Powell will deliver a speech on Tuesday, and multiple key economic data will be released successively.
2. If Vice President Harris of the United States wants to attract cryptocurrency voters, she needs to take practical actions, and specific policy details are yet to be announced.
Tim Kravchunovsky, founder and CEO of the decentralized telecommunications network Chirp, stated this week that if Vice President Harris of the United States wants to attract cryptocurrency supporters with her words, she needs to take some practical actions. Although Harris may imply her support for cryptocurrencies, explaining why doing so would help attract undecided voters. Kravchunovsky hopes to see more specific details of the digital asset policy she proposes, similar to the promises made by former President Trump, but he pointed out that both presidential candidates may not be able to fulfill their promises. -Original
3. The net asset value of BlackRock's spot Ethereum ETF exceeded $1 billion for the first time, marking the highest single-week inflow since early August.
After a strong week of trading for the spot Ethereum exchange-traded fund in the United States, BlackRock's fund has surpassed a total asset value of over $1 billion just two months after its launch. Last week marked the second week of positive net inflows since the fund's launch, indicating renewed enthusiasm for the token. -Original
4. The total assets of the US spot Bitcoin ETF hit a two-month high, with the daily inflow reaching the highest level since June.
Driven by the rise in Bitcoin prices, the total assets of the US spot Bitcoin ETF have reached the highest level in two months over seven consecutive trading days. Friday also saw the highest daily inflow of funds into the fund since early June, marking the highest level in nearly four months. -Original
5. Musk's xAI data center has deployed 100,000 Nvidia H100 chips, making it the most powerful known computer.
According to sources, Musk achieved a major milestone at the new xAI data center in Memphis this week, with all 100,000 advanced Nvidia chips coming online simultaneously. This achievement has earned the data center the nickname "Behemoth" and has become the most powerful known computer, representing a significant technological advancement for the relatively young xAI company, which was able to bring the massive facility online in less than six months. Although Musk claimed on Twitter that the facility is the largest in the world, industry experts question whether xAI has the necessary energy and technical capabilities to operate so many GPUs—in this case, Nvidia's H100 chips. xAI is using this data center to train AI models that support Grok, the company's chatbot that claims to be an uncensored version of ChatGPT. -Original
6. Circle injected 9 million USDC into BlackRock's BUIDL Fund, demonstrating continued attention to the digital asset market.
Approximately 17 hours ago, 9 million USDC flowed from Circle's hot wallet into BlackRock's BUIDL Fund. As of now, the marked address of BlackRock's BUIDL Fund holds a total of approximately 88.146 million USDC. -Original
7. Cryptocurrency giant suffers losses of over $32 million in suspected phishing attack involving malicious transaction signing.
ScamSniffer first discovered that a cryptocurrency giant lost over $32 million worth of Spark Wrapped Ethereum (spWETH) after signing a malicious transaction. The vulnerability appears to be driven by the notorious Inferno Drainer scam-as-a-service software, which attacks cryptocurrency traders by deceiving popular DeFi protocols to trick users into signing wallet control agreements. -Original
8. The current CEO of Binance stated that CZ is no longer involved in any decision-making, despite still holding about 90% of the shares.
Binance's current CEO, Richard Teng, stated earlier this month at the Korean Blockchain Week in Seoul: "The company structure of Binance is completely different from when CZ was the CEO; it is a board-led structure. Of course, CZ, as a shareholder, retains his shareholder rights, but in daily work, I will work closely with the board to formulate our global strategy." Binance's current regional head, Vishal Sacheendran, stated in a previous interview: "CZ will not be involved in any decision-making at Binance, although CZ still remains the largest shareholder of Binance, holding about 90% of the shares." -Original
9. Michael Saylor expects that by January 2, 2035, 99% of Bitcoin will have been mined.
Michael Saylor, the founder of MicroStrategy, stated on X platform that by January 2, 2035, 99% of BTC will have been mined. -Original
10. Uniswap Labs announced that nearly 1 million uni.eth domains have been claimed.
Uniswap Labs stated on X platform that nearly 1 million uni.eth domains have been claimed, and currently, these domains can still be claimed for free in the Uniswap mobile application. -Original
11. Galaxy states that approval from the US CFTC and OCC is still needed for BlackRock's spot Bitcoin ETF options, and the trading time is yet to be determined.
Galaxy stated on X platform that while the US Securities and Exchange Commission (SEC) has approved the listing and trading of spot Bitcoin ETF options on Nasdaq, approval is still needed from the US Commodity Futures Trading Commission (CFTC) and the Office of the Comptroller of the Currency (OCC), and there is currently no set timetable, so the exact start date for trading is still pending. It is reported that spot Bitcoin ETF options trading will have certain restrictions, such as strict monitoring of market manipulation and clear position limits. Nasdaq ISE plans to integrate these requirements with existing monitoring systems in collaboration with other exchanges. Galaxy added that in the long run, spot Bitcoin ETF options can stabilize Bitcoin's volatility, enhance investor confidence, deepen market liquidity, and with the recent launch of digital asset custody services by the Bank of New York Mellon, institutionalization of Bitcoin is accelerating. -Original
12. The address with over 12,000 stolen spWETH coins may be associated with Cobo co-founder Shenyu.
- Lookonchain revealed that an address lost 12,083.6 spWETH (approximately $32.33 million) due to a phishing attack. According to Arkham, the wallet may be associated with Shenyu, co-founder and CEO of Cobo (@bitfish1). To avoid falling victim to phishing, please do not click on any unknown links or sign any unknown signatures. -Original
13. Vitalik releases a new article proposing the concept of "Ethereum Alignment," emphasizing the unity and decentralization of the ecosystem.
Ethereum co-founder Vitalik has released an article titled "Making Ethereum's Alignment Visible," discussing the issue of balancing the Ethereum client teams, researchers, Layer 2 teams, application developers, and local community groups to ensure that all these projects collectively build a unified Ethereum ecosystem. He introduces the concept of "Ethereum Alignment," which can include value alignment (e.g., open source, minimizing centralization, supporting public goods), technical alignment (e.g., adopting standards across the ecosystem), and economic alignment (e.g., using ETH as much as possible as a token). Vitalik analyzes from the perspectives of open source, open standards, decentralization and security, and positive sum, with the ideal goal of seeing more entities like L2beat emerge to track the performance of various projects in meeting the above standards and other standards proposed by the community. Instead of competing for connections, projects should compete on alignment based on understandable standards. "Dashboard organizations" like L2beat, block explorers, and other ecosystem monitoring tools are excellent examples of this principle successfully operating in the Ethereum ecosystem. Making the different aspects of alignment clearer, while not focusing on a single "overseer," can make this concept more effective and do better in pursuing fairness and inclusivity in the Ethereum ecosystem. -Original
14. T-REX's 2x leveraged long MSTR ETF saw a net inflow of $72 million in its first week of listing, making it one of the most successful new ETFs in the market.
T-REX's 2x leveraged long MSTR Daily Target ETF (MSTU) attracted over $72 million in funds after seven days of listing, making it one of the most successful new Exchange-Traded Funds (ETFs) in the market and the existing ETF with the highest leverage linked to MSTR. -Original
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