ai16z Market Cap Surpasses $1 Billion Briefly, 24-hour Growth Rate 34.3%

November 1st. According to an official announcement, OKX is set to officially launch the LABUSDT perpetual contract on November 1, 2025, at 8:00 PM (UTC+8) across the web, app, and API, with a maximum leverage of 50x.

On November 1st, as per Bloomberg, Faruk Fatih Ozer, who was the former CEO of the now-defunct Turkish cryptocurrency exchange Thodex, was discovered dead during pretrial detention in the western Turkish city of Tekirdag. The investigation is still in progress, and officials are concentrating on the potential of Ozer's suicide.

On November 1st, as per the monitoring by HyperInsight (accessible via https://t.me/HyperInsight), a whale took a short position of 44,386.21 ZEC with a leverage of 5 times. Currently, it is facing an unrealized loss of $6.75 million, and the liquidation price is $812.3.

On October 31st, during the NVIDIA Fall GTC Conference and the meeting between the Chinese and U.S. presidents, two significant turning points emerged in the global economy. NVIDIA announced its future performance guidelines, anticipating that the annual revenue of the Blackwell Chip would exceed 500 billion U.S. dollars, with a market value approaching 5 trillion U.S. dollars, thereby igniting the entire AI industry chain. Meanwhile, expectations of a relaxation in U.S.-China relations are on the rise. The trade agreement may lead to a reduction in tariffs and an extension of the cooperation period, injecting confidence into the global market. The technological revolution is reshaping the pattern of wealth distribution. However, the hype and speculation in the crypto market are causing people to miss out on the real opportunities of this era. BiyaPay reminds investors that in the new era of AI and globalization, multi-asset investment is the future trend. The platform supports USDT r

On November 1st, as monitored by PeckShield, there were around 15 major cryptocurrency hacking incidents in October 2025. The total loss reached $18.18 million. This was an 85.7% reduction compared to the total loss of $127.06 million in September.

On November 1st, Federal Reserve Governor Milan said, "In my opinion," the forecast shows that another interest rate cut is likely to occur in December. (Xinhua Finance)