YZi Labs announces Haley Huang and Ricky Wang join Web3 Investment Team

On November 5th, as reported by The Block, Harmonic, a startup concentrating on Solana infrastructure, has recently concluded a $6 million seed round of financing, with Paradigm taking the lead. Harmonic's co-founder, Jakob Pov?i? (who is also a co-founder of the crypto-native development firm Temporal), stated that this financing round also included angel investments from undisclosed "Solana key stakeholders." Pov?i? refused to disclose the financing timeline, round structure, company valuation, business model, or whether the investors serve as advisors or directors. Harmonic claims to be the first open-source block building system for Solana, enabling validators to receive blocks in real-time from multiple competing builders, thereby enhancing network speed and efficiency.

On November 5th, the U.S. Supreme Court officially commenced hearing arguments regarding U.S. President Trump's tariffs. (Golden Ten)

On November 5th, as reported by The Block, the members of the Monad team disclosed that the forthcoming Layer 1 blockchain Monad and its native token MON are scheduled to go live at 9 a.m. EST on November 24th. The Monad Foundation opened a token claiming portal from mid-October to Monday, November 3rd, enabling users to view their MON token allocation and link their wallets.

November 5th. As per The Block, Bitcoin's November began in the continuation of the downward trend of Tuesday. This trend had already been affected during what K33 referred to as the "dreadful October." According to a new report released by K33, Bitcoin has dropped by 10% in the past week and has once again tested the $100,000 mark. This is the lowest point since June this year and the weakest 30-day performance against the Nasdaq index since July 2024, as stated by Research Director Vetle Lunde in the report. Lunde attributed this decline to restricted liquidity and fear-driven market sentiment. Especially after the historic deleveraging event on October 11th, when the largest liquidation of at least $20 billion in crypto assets occurred. He stated, "Fear-driven market sentiment, combined with significant sell-offs from long-term holders, further weakened the market as buyers remained cautious in the face of perceived heightened risks." Lunde also pointed out that Bitcoin is now at

On November 5th, as per globenewswire, Solana Company (Nasdaq: HSDT) made an announcement today. The company's board of directors has given the green light to a stock repurchase plan under which up to $1 billion of its issued common stock can be repurchased. This stock repurchase plan is open-ended. The company has the flexibility to repurchase its shares on the open market or through negotiated transactions at various times.

On November 5th, according to official information, the digital asset investment platform Grayscale Investments announced today that it will waive the sponsor fee for the Grayscale Solana Trust ETF (with the ticker: GSOL) and reduce relevant fees during the staking period. This waiver will last for a maximum of three months or until the fund's assets under management (AUM) reaches $1 billion, whichever occurs first. The fund has currently staked up to 100% of SOL, offering a staking yield of 7.23%. The fee waiver policy is applicable to both new investors and existing GSOL investors.