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Vitalik's Post Appreciating Sandeep and Polygon's Contribution to the Ethereum Ecosystem

3 hours ago

On October 21st, Vitalik Buterin published an article on the X platform, highly praising Polygon and its co-founder Sandeep Nailwal. He stated that they have played a crucial role in the Ethereum ecosystem. Vitalik mentioned that Polygon made early and significant investments in ZK-EVM research and development, drove the technical implementation of the Jordi team, and built infrastructure such as AggLayer. He also commended Sandeep for his contribution to public health in India through the CryptoRelief project and his voluntary return of $190 million in SHIB donations, enabling the Balvi open-source pandemic response project to move forward. Vitalik expressed the hope that Polygon would directly adopt mature ZK technology in the future to provide complete security for its PoS chain. Previously, Polygon CEO Sandeep Nailwal responded to Ethereum core developer Péter Szilágyi's open letter and bluntly stated that he had begun to "doubt his loyalty to Ethereum." He mentioned that Polygon has never received support from the Ethereum Foundation or core team but has instead been marginalized for a long time, stating that the Ethereum community has long been in chaos. Sandeep pointed out that if Polygon were to declare itself as an L1 chain, its valuation might increase by 2-5 times. However, the Ethereum community neither acknowledges Polygon as an L2 nor is willing to include it in the "Ethereum Beta" narrative. Despite this, he said he would still take a "last gamble" to revive the L2 narrative and emphasized that "Ethereum remains the only sustainable democratic system in the long run."
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Under Tariff Rhetoric, Only Two AI Models Remain Profitable, Grok24-hour Drawdown Approaches 30%

On October 21st, according to the on-chain AI analysis tool CoinBob (@CoinbobAI_bot), in the mainstream AI large model trading competition. Possibly influenced by the news last night that "Trump stated that if there is no agreement, a 155% tariff will be imposed", the initial funds of the six major AI models were all $10,000. Most models, because they were fully allocated in long positions yesterday, experienced an amplified retracement today. The specific performances are as follows: - DEEPSEEK initiated long positions at a low yesterday. There are still 6 positions with unrealized profits. Although it experienced a 24% retracement in the last 24 hours, the net value still maintains a 11% profit. The current account balance is $11,015. - CLAUDE 2 is in a leveraged long position with 8-15x leverage. It experienced a 7% retracement in the last 24 hours. The current net value still holds a 9% profit. The current account balance is $10,931. - Grok incurred a 30% loss in the last 24 hours.

2 minutes ago

A new address withdrew 11,860 ETH from OKX in the last 3 days, valued at $45.8 million.

On October 21st, as per the monitoring of Onchain Lens, a newly established wallet has withdrawn 11,860 ETH from OKX within the past 3 days. The value of this withdrawal is $45.8 million.

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Binance Alpha: SigmaDotMoney (SIGMA) Airdrop Threshold 245 Points

October 21st. According to an official announcement, Binance Alpha will commence trading of SigmaDotMoney (SIGMA) on October 21, 2025, at 3:00 PM (UTC+8). After the trading begins, users who hold at least 245 Alpha points will be eligible to claim an airdrop of 640 SIGMA tokens. The first come, first served principle applies. If the event has not ended, the points threshold will automatically decrease by 15 points every hour.

2 minutes ago

Affected by the Upbit listing news, F experiences a brief surge of over 130%.

On October 21st, according to HTX market data, due to the Upbit listing news, F witnessed a temporary surge of more than 130% and is currently trading at $0.02082.

2 minutes ago

Upbit will list the F KRW and USDT trading pair.

On October 21st, as per the official announcement, Upbit will list the trading pairs of SynFutures (F) in Korean Won and USDT. Trading is anticipated to commence on October 21st at 4:00 PM in the local time. SynFutures is a decentralized derivatives trading platform that aims to optimize liquidity efficiency by introducing a mechanism named "Oyster AMM", enabling both professional market makers and ordinary users to engage in trading.

2 minutes ago

Wall Street analysts expect that the Federal Reserve meeting this month will halt its quantitative tightening policy.

October 21st. Analysts hold the view that halting the liquidity withdrawal via the balance sheet reduction plan (QT) at the Federal Open Market Committee (FOMC) meeting on October 28-29 will contribute to ensuring the smooth implementation of monetary policy at a technical level. These central bank observers point out that the foundation of quantitative tightening policy has been undermined as the intensified friction in the money market may pose a threat to the Fed's ability to adjust interest rates in order to achieve its inflation and employment goals. The "Fed Whisperer," Nick Timiraos, also pointed out that U.S. bank reserves have reached a critical level. The proportion of bank reserves to bank assets has recently dropped below 13% as the U.S. Treasury is rebuilding its cash balance. (FXstreet)

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