Standard Chartered CEO: All Transactions Will Ultimately Settle on the Blockchain

On November 3rd, the cryptocurrency mining firm Cango issued its October production and mining update. This month, Cango managed to mine a cumulative total of 602.6 Bitcoins, thereby increasing its overall Bitcoin holdings to 6412.6 Bitcoins.

On November 3rd, the Berachain Foundation declared, "The validation nodes have come together to halt the operations of the Berachain network in order to enable the core team to carry out an emergency hard fork. This is to address the vulnerability issue related to Balancer V2 on BEX. This network pause is well-planned, and the network will resume its operations shortly."

On November 3rd, Akshat Vaidya, the Co-Founder and CIO of Maelstrom, which is Arthur Hayes' family office, posted on X and said, "Four years ago, I put $100,000 into the Pantera Early-Stage Token Fund LP. Now only $56,000 remains because Pantera charges a 3% management fee and a 30% performance fee. During these four years, Bitcoin has doubled, and many seed round projects have soared by 20 to 75 times. However, the fees of this fund have almost wiped out half of the LP's capital. Although the investment time horizon is important, losing 50% in any period is the worst performance."

On November 3rd, Michael Burry, the real-life model for the movie "The Big Short," gave another warning: "Sometimes we can spot bubbles; the only winning strategy is to refrain from participating." The hedge fund manager who accurately predicted the subprime mortgage crisis in 2000 liquidated nearly all of his US stock holdings this quarter and only held Estee Lauder shares while purchasing Nvidia put options, which caused a market shock. Nvidia just reached a market capitalization of over $500 billion, accounting for nearly 10% of the S&P 500, reigniting concerns about a bubble. Burry's statement may suggest an increasing short-term risk of a pullback in the tech stock and AI sector. BiyaPay analysts believe that in the face of intense volatility, maintaining a strategy is more important than chasing high and selling low. BiyaPay supports remittances of USDT in USD, EUR, HKD, and other currencies, offers 0% fee spot contract trading, and allows for the trading of US stocks, Hong Kon

On November 3rd, Ki Young Ju, the CEO of CryptoQuant, said, "The Korean Stock Index (KOSPI) reaches an all-time high, while the trading volume on Korean crypto exchanges reaches a yearly low."

On November 3rd, according to the monitoring of Onchain Lens, when ASTER dropped below $1, two whales shorting ASTER currently have a combined unrealized profit of $11.9 million: · Whale "0x9ee" currently has an unrealized profit of $9.3 million; · Whale "0xBAD" currently has an unrealized profit of $2.6 million.