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Original Staking Service Provider Kiln Launches Institutional Yield Infrastructure Railnet

1 hours ago

On November 24th, as per official channels, the original staking service provider Kiln announced the launch of the institutional-facing yield infrastructure Railnet. The announcement indicated that Railnet is an open yield layer that standardizes the flow of capital among different yield sources. It does not partake in deposit competitions but rather connects asset management firms, protocols, and platforms through a unified conduit. The protocol is collaborating with Ethena, Sentora, Chainlink, and others. In September, the staking service provider Kiln announced that following the hack of SwissBorg, which led to a loss of approximately $41 million worth of SOL, it will begin the orderly exit of all Ethereum validating nodes on September 10, 2025. The process is anticipated to take between 10 and 42 days to finish, with an additional 9 days for withdrawal as a precautionary measure to safeguard asset security.
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Everbright Sun Hung Kai: Fed December Vote May See First-ever 6:6 Tie

On November 24th, analysts from the research firm Capital Economics stated that the consensus-driven Federal Reserve has recently exhibited an increasingly serious division. To such an extent that the rate-setting meeting in the next month may face a "possible deadlock." In a report last Friday, the economists of Capital Economics attempted to assess the voting. Four regional Fed presidents on the committee - Collins, Goolsbee, Mussallem, and Schmidt - expressed doubts about the proposal to cut rates next month and were even "completely opposed." Fed governors Ball and Jefferson also sounded cautious. In the dovish camp, three Fed governors appointed by Trump - Bauman, Milan, and Wall - have been advocating for rate cuts, and Williams' statement last Friday seemed to suggest that he might join them. Capital Economics stated: "In this calculation, there are still only four votes in favor of rate cuts and six votes against. However, considering that Williams and Fed Chair Powell often

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Revolut valued at $75 billion in latest stock sale

On November 24th, according to Bloomberg, the fintech company Revolut Ltd. achieved a valuation of $75 billion in its latest round of stock sales. This is a notable increase compared to last year's $45 billion. This funding round was spearheaded by Coatue, Greenoaks, Dragoneer, and Fidelity Management & Research Company. Additionally, Nvidia's venture arm NVentures, Andreessen Horowitz, Franklin Templeton, and the accounts managed by T. Rowe Price also participated. Revolut provides services including checking and savings accounts, international remittances, cryptocurrency, and stock trading.

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Mainstream Perp DEX Overview: 24-Hour Trading Volume Significantly Declines, with Lighter Topping the Chart at $7.1 Billion

On November 24th, based on Defilama data, in the past 24 hours, Perp DEX trading volume Lighter regained the top position. The trading volume of Pacifica reached 13 billion and jumped to the sixth place. Meanwhile, the rest of the DEXs saw a decline. The current partial Perp DEX trading volume is as follows: Lighter's 24-hour trading volume is approximately $71.6 billion, with a TVL of about $12 billion and an open interest of $16.3 billion. Hyperliquid has a 24-hour trading volume of about $62.3 billion, a TVL of about $43.2 billion, and an open interest of $63.1 billion. (Link: https://app.hyperliquid.xyz/join/NTOD) Aster has a 24-hour trading volume of about $48.4 billion, a TVL of about $13.4 billion, and an open interest of $21.7 billion. (Link: https://www.asterdex.com/zh-CN/referral/aboter) EdgeX has a 24-hour trading volume of about $39.1 billion, a TVL of about $4.56 billion, and an open interest of $7.01 billion. ApeX has a 24-hour trading volume of about $23.9 billion,

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Bitwise CIO: Evaluating DAT Companies with mNAV is Not Accurate, Future Trends will Show Divergence

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MON pre-market price has dropped below $0.03, with a 24-hour decrease of 7.59%.

On November 24th, based on market data, the pre-market price of MON has fallen below $0.03 and is currently trading at $0.02992, with a 24-hour decrease of 7.59%. Previously, it was reported that both Upbit and Bithumb will list the MON/KRW trading pair.

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Bithumb will list the MON/KRW trading pair

On November 24th, according to official information, Bithumb is going to list the MON/KRW trading pair. Trading is scheduled to commence at 12:00 AM local time on Tuesday, November 25th.

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