JPMorgan Chase Invests in Ethereum's Largest Treasury Management Firm Bitmine, Holding Position Worth $102 Million

On November 8th, according to the monitoring of LookOnChain, the Bitcoin whale Owen Gunden transferred 3,600.55 BTC today, which is approximately $372 million. Among them, 500 BTC (approximately $51.68 million) has already been deposited into Kraken. The remaining 3,100.55 BTC (approximately $320 million) is expected to be transferred in the following days.

On November 8th, Monad co-founder Keone Hon made a post stating, "As the public mainnet launch is getting closer, I would like to share an important principle of Monad's tokenomics: locked MON tokens will not be eligible for staking. This will assist Monad in achieving long-term success through a more healthy token distribution. At the time of launch, the Monad network will have 200 validator nodes distributed globally and operating on consumer-grade hardware."

On November 8th, Stables Labs announced that "Recently, due to the impact of market liquidity conditions and liquidation dynamics, the market price of USDX has deviated from its reference value. The stability mechanism of USDX is supported by collateral positions and hedging strategies. However, under extreme market conditions, adjustments to these mechanisms may have some lag." The team has now initiated a "Recovery Plan" which is designed to provide affected holders with a recovery path based on a $1 reference value, subject to the availability of resources. This arrangement is voluntary in nature and does not constitute any form of guarantee, redemption obligation, deposit absorption, or pooled investment product. To ensure transparency and verifiability, the following measures will be taken: · Claim registration window: The balances of affected holders will be determined through an on-chain snapshot. · Phased recovery progress disclosure: Progress will be publicly disclosed in a

On November 8th, according to the data on the Polymarket website, the platform shows that the probability of "the end of the US government shutdown from November 8th to 11th" is currently 8%. The probability of ending between November 12th and 15th is 34%, and the probability of ending after November 16th is 57%.

On November 8th, based on Coinglass data, the total value of liquidations within the past 24 hours amounted to $615 million. Among them, there were $290 million in long liquidations and $325 million in short liquidations.