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AERO and Velodrome are on the verge of a merger, with both surging over 16%.

55 minutes ago

According to HTX market data, AERO is trading at $0.9422, up 17.29% in 24 hours; VELODROME is at $0.04087, with a 24-hour gain of 16.74%. Aerodrome and Velodrome will merge into a unified cross-chain decentralized exchange (DEX) named Aero, scheduled to launch on October 21. The merged platform will support Base, Ethereum Mainnet, OP, Arc, Ink, plus new chains Robinhood Chain and Arbitrum. AERO and VELO tokens will be consolidated into a single AERO token, with prior revenue allocated at approximately 94.5% to AERO holders and 5.5% to VELO holders. Communities and trading platforms will also migrate to the new Aero.

Relevant content

A crypto whale withdrew 26,070 ZEC from a centralized exchange (CEX), valued at approximately $31.93 million.

According to monitoring by Onchain Lens, a crypto whale purchased and withdrew a total of 26,070 ZEC tokens from Binance and Kraken within minutes, valued at approximately $31.93 million.

1 hours ago

Trader Turns $2.9M Into $4M+ With 3x Long $STRK Leverage Trade in Under 24 Hours

This guy made over $1M in less than a day! He created a new wallet yesterday and opened a 3x long on 24.42M $STRK ($2.9M), which is now up $1.05M in unrealized profit.

1 hours ago

Pump.fun co-founder: Will adjust the Callout Rewards program, reducing the weight of low-market-cap tokens and de-emphasizing trading volume assessments.

Pump.fun co-founder Alon announced in a post that several major adjustments will be made to the Callout Rewards program in the coming days, with some changes set to take effect starting from today’s reward distribution. The adjustments include reducing the reward weight for callouts on low-market-cap tokens; trading volume will no longer be the primary factor determining rewards, as the focus shifts to the actual profits of followers. Going forward, if relevant participants fail to consistently help followers generate profits, their chances of earning rewards will be significantly reduced.

1 hours ago

The XRP Ledger has patched a payment engine vulnerability that persisted for over a decade, preventing XRP from being overissued.

RippleX Engineering Lead J. Ayo Akinyele stated in a post that securing the XRP Ledger (XRPL) network is the top priority for preserving user trust. Following the earlier disclosure of a critical payment engine vulnerability by Veria AI, the bug had lingered in the codebase for over a decade, with theoretical risks of allowing XRP’s supply to breach its fixed cap. Thankfully, the vulnerability was uncovered through a bug bounty program and remediated before it could be exploited. The XRPL team swiftly developed and comprehensively tested a fix, collaborated with validator node operators to facilitate the network upgrade, and finalized network protections ahead of the vulnerability’s public disclosure.

1 hours ago

Patricio Worthalter deposits 4,000 $ETH ($10.02M) to Gemini

Patricio Worthalter(@worthalter) deposited another 4,000 $ETH($10.02M) into #Gemini 8 hours ago.

1 hours ago

The once red-hot AI investment boom has cooled, and South Korea's stock market is facing a shortage of buying interest.

For most of this year, South Korea has been a standout in the global AI boom. Now, by nearly every metric, South Korean stocks are quickly losing investor attention. Market turnover has plummeted 70% from its late-May peak, foreign investors are fleeing rapidly, and local South Korean retail investors are also exiting. Behind this reversal is South Korea’s stock market’s over-reliance on Samsung Electronics and SK Hynix. Phillip Wool, head of portfolio management at Rayliant Global Advisors, said: “I think for most investors, especially those who recently entered the South Korean market via memory chip trades, the biggest challenge is that the easy money from this theme has already been taken off the table.” He added that his fund has been taking profits on South Korean AI stocks and is currently underweight SK Hynix and Samsung Electronics. Richard Tang of Julius Baer said: “We have observed that capital is increasingly flowing back to U.S. stocks, which has led to sustained foreign outflows from South Korean equities.” Chun-Lai Wu of UBS Global Wealth Management said: “Currently, we prefer to access AI-related investment opportunities through Taiwan stocks; Taiwan has a more mature tech hardware ecosystem and benefits from strong spending plans of major tech companies.”

1 hours ago

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