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Former Head of X Product: Paid’s revenue split with celebrity X is extremely creative, but users should be allowed to opt out.

51 minutes ago

Former X product lead Nikita praised: "Paid’s token fee split to celebrity X Money accounts is a highly creative solution." However, if someone does not want to be associated with a particular token, they should be allowed to opt out or disassociate. I can imagine traders harassing users to promote the product and help send spam replies. Paid’s newly launched permissionless token fee split feature to X Money accounts has sparked widespread community discussion. The official states that 80% of fees will be sent to X users via X Money, while 20% will be converted to SOL for PAID token buybacks. Creators can add an X Handle to their project’s text description to send fees via X Money. Celebrities on X do not even need to register for Paid or provide consent to receive fund distributions through X Money; some have even joked their X Money accounts are under DDoS attacks from the constant fee split deposit notifications. PAID’s official announced today that it has successfully distributed $1.44 million to X Money users via its token creator fee auto-splitting tool. According to GMGN market data, PAID’s market cap on Solana has today surged past $40 million, with a 24-hour increase of over 360% and trading volume reaching $32.8 million in the same period. BlockBeats reminds users that related tokens are highly volatile, so investment requires caution.

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Trader 0xc8F7 opened a 15x long on 2.15M $ENA ($592K) on @Aster_DEX and is now up $310.7K — a massive 786.54% return!

Trader 0xc8F7 opened a 15x long on 2.15M $ENA ($592K) on @Aster_DEX and is now up $310.7K — a massive 786.54% return!

8 minutes ago

Solana’s Alpenglow consensus upgrade has launched on its second public testnet, targeting a reduction in final confirmation time to 150 milliseconds.

Solana’s planned Alpenglow upgrade has been rolled out on devnet and testnet in succession, providing application teams with a testing environment ahead of the mainnet switch. The upgrade aims to cut transaction finalization time from the current ~12.8 seconds to around 150 milliseconds, drastically reducing the wait time for transactions to release deposits or for payment apps to notify merchants of completed trades. Solana development firm Anza announced on September 25 that the devnet had completed its switch; the testnet transition was finalized the day before, and the Solana Foundation’s upgrade page shows Alpenglow is active on both networks. Alpenglow changes how validators reach consensus on network records: validators will exchange votes directly instead of recording votes as transactions within blocks, condensing consensus into just one or two voting rounds. Removing these votes will also lower some Solana activity chart metrics: the total number of transactions including validator votes will decrease, even if actual payments and trading volumes remain unchanged.

8 minutes ago

ENA's 24-hour price gain has widened to 25.6%, hitting $0.28.

According to HTX market data, ENA (Ethena) has seen its 24-hour gain widen to 25.6%, hitting $0.28. On September 25, synthetic dollar protocol Ethena announced a partnership with Binance to expand USDe’s basis strategy from crypto perpetual contracts to stock perpetuals. The move involves spot buying tokenized stock certificates bStocks issued by Binance’s affiliate, while hedging by shorting USDT-denominated stock perpetuals on the same platform. For more analysis, see "Behind ENA’s Surge: How Significant is the Impact of Ethena’s Integration with US Stock Perpetuals?"

8 minutes ago

Bitdeer mined 288.1 BTC this week and sold all of it.

US-listed Bitcoin mining firm Bitdeer announced that in the week ending September 25, it mined 288.1 BTC, sold 288.4 BTC over the same period, resulting in a net addition of zero BTC, and currently holds no Bitcoin positions.

8 minutes ago

The address suspected to belong to the Bitget hacker withdrew $1.23 million worth of tokens from Binance 11 hours ago.

According to Lookonchain’s monitoring, an address suspected to belong to the Bitget hacker withdrew $1.23 million worth of tokens from Binance 11 hours ago. Wallet 0x4885 withdrew 257.6 ETH (valued at $692,000) and 545,000 USDT from Binance, then converted the 545,000 USDT into 200.2 ETH. The wallet transferred all 457.9 ETH (worth $1.23 million) to the Bitget hacker wallet address one hour ago.

8 minutes ago

Bitget hacker withdraws $1.23M in ETH from Binance, consolidates funds in single wallet

It looks like the #Bitget hacker withdrew $1.23M from #Binance 11 hours ago. Wallet 0x4885 withdrew 257.6 $ETH ($692K) and 545K $USDT from #Binance, then swapped the 545K $USDT for 200.2 $ETH. It then transferred all 457.9 $ETH ($1.23M) to the #Bitget hacker's wallet an hour

8 minutes ago

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