Depinsim has completed an $8 million strategic financing round, ushering in the era of Value-on-Connect.
On October 24th, the centralized communication and data infrastructure project Depinsim announced the completion of an $8 million strategic financing round. This round was led by Outlier Ventures, with participation from Bitrise Capital, Becker Ventures, Mask Network, Silverline Labs, MYIE VC, and DWF Labs. Depinsim has officially entered the acceleration stage of global expansion and ecosystem collaboration.
Depinsim is a decentralized communication and data value network based on eSIM technology. By integrating eSIM communication, data mining, and blockchain incentive mechanisms, users can freely utilize global data while obtaining value. Users can participate in the ecosystem in three ways: activating mining machines for passive mining, completing tasks or using data. The earnings are directly used for eSIM data recharge or exchanged for the stable asset PIN. Depinsim's task incentive platform enables Web2 / Web3 projects to reach real users at a low cost, achieving precise custome
8 minutes ago
BiyaPay Analyst: CZ Receives Trump Pardon, Market Bets on Increased Likelihood of SBF Pardon
On October 24th, Wall Street focused on the volatility of the crypto market! U.S. President Trump has officially granted a pardon to Binance founder Changpeng Zhao (CZ), which has sparked market discussions. According to reports from Coindesk, the former FTX founder Sam Bankman-Fried (SBF) has seen an increased probability of a pardon. Polymarket market prediction data shows that his pardon probability has jumped from 7% to 12%.
The market reacted strongly. Bitcoin experienced a short-term surge of 2.7% and broke through $110,700, while Ethereum hovered around $3,850. BiyaPay analysts expect a new round of breakout. Meanwhile, the price of gold has surged by nearly 50% this year driven by geopolitical and central bank gold-buying demand, and the target price for 2026 has been raised to $4,400.
Supported by the dovish stance of the Federal Reserve and risk-off sentiment, the cryptocurrency and precious metals markets have simultaneously heated up, with a clear resurgence in the
8 minutes ago
CZ: While facing charges and being imprisoned, not a single partner stopped doing business as a result
On October 24th, CZ publicly responded to a community user's "congratulations on being pardoned" message on social media and stated:
Overall, I regard myself as always being fortunate. Although this experience was extremely painful, it did not bring me down. While my official record may have been temporarily blemished, my personal reputation has always remained firm. Not a single individual—indeed, not a single partner—has stopped doing business with me because of this. My family, friends, and community have always offered their support, and I have never been alone. I am grateful for everyone's support! Let's continue to work together to create.
8 minutes ago
OKX will list TURTLE perpetual swap trading.
October 24th. According to official channels, OKX is set to officially launch the TURTLEUSDT perpetual contract on October 24, 2025, at 6:00 PM (in UTC+8) across the web, app, and API, with a maximum leverage of 50x.
8 minutes ago
Current mainstream CEX, DEX funding rate shows the market slightly returning to neutrality after a rebound.
On October 24th, according to Coinglass data, the current funding rates of mainstream CEX and DEX show that after the market experienced a rebound for nearly 2 days, the funding rates of multiple asset pairs have further returned to neutrality. They still overall lean towards a bearish trend, as shown in the specific funding rates in the following chart.
BlockBeats Note: The funding rate is a rate set by cryptocurrency trading platforms to maintain the balance between the contract price and the underlying asset price. It is usually applicable to perpetual contracts and is a fund exchange mechanism between long and short traders. The trading platform does not charge this fee. It is used to adjust the cost or profit of traders holding contracts to keep the contract price close to the underlying asset price.
When the funding rate is 0.01%, it represents the benchmark rate. When the funding rate is greater than 0.01%, it indicates a generally bullish market. When the funding rate is less
8 minutes ago