CZ: Never Proposed to Start a Bank Myself

On November 3rd, according to HTX market data, Ethereum rebounded and exceeded $3700. The 24-hour decline was narrowed to 4.60%.

On November 3rd, Animoca Brands Corporation Limited entered into a non-binding Memorandum of Understanding (MoU) with Currenc Group Inc. (NASDAQ: CURR; hereinafter referred to as "Currenc"). This MoU outlines Currenc's proposed acquisition of 100% of Animoca Brands' issued shares through a scheme of arrangement ("Potential Transaction"). According to the terms of the Potential Transaction, Currenc intends to issue new shares through an Australian scheme of arrangement in exchange for all of Animoca Brands' shares. After the implementation of the Potential Transaction (subject to the finalization of a binding agreement), Animoca Brands' shareholders will collectively hold 95% of Currenc's issued shares post-acquisition. The treatment of convertible securities is yet to be negotiated. This structure indicates that although Currenc is formally acquiring Animoca, the actual control will shift to Animoca Brands' shareholders, constituting a typical reverse merger or a backdoor listing. Th

On November 3rd, the decentralized exchange Ant.fun officially launched the "ANTFUN Ecosystem Boost Plan", providing dual support in terms of investment and liquidity to high-quality DApps. The initial plan will inject 1 million USDT of one-sided liquidity for the trading pair of ANB/USDT, which will significantly enhance market depth, reduce trading slippage, and optimize the user trading experience. This indicates the official launch of Ant.fun's strategy to build a social DEX ecosystem.

On November 3rd, Binance Alpha has now made Kite (KITE) available for listing.

On November 3rd, according to HTX market data, with Bitcoin briefly falling below $107,000, altcoins witnessed a widespread decline. These include: "Binance Life" with a 34%+ drop in 24 hours and currently trading at $0.1468; ZK with a 32%+ drop in 24 hours and currently trading at $0.049; GIGGLE with a 27%+ drop in 24 hours and currently trading at $59.26; ON with a 24%+ drop in 24 hours and currently trading at $0.116; KDA with a 24%+ drop in 24 hours and currently trading at $0.038; "4" with a 23%+ drop in 24 hours and currently trading at $0.0669.

On November 3rd, the Strategic Director of Flashbots and the Strategic Advisor of Lido, Hasu, stated in a post that "Balancer v2 was launched in 2021 and has since become one of the most watched and frequently forked smart contracts. This is of great concern. Each time such a long-awaited contract is attacked, it (naturally) sets back the adoption of DeFi by 6 to 12 months."