Blockbeats
Blockbeats
Tomorrow’s news rhymes on BlockBeats.
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Iran says it has responded to the US proposal, advocating to focus on the Strait of Hormuz
BlockBeats news, on October 4th, the spokesperson for the Iranian Ministry of Foreign Affairs stated that Iran has responded to the US proposal. The US proposal is similar to previous ones, focusing on nuclear issues, while Iran hopes to emphasize the Strait of Hormuz. (Jin10)
The White House has established a "Superintelligence" task force to assess AI risks and opportunities within 120 days
BlockBeats news, on October 4th, according to The Wall Street Journal, the U.S. White House has established the "Super Intelligence Force," chaired by National Intelligence Director Jay Clayton. This task force will assess the risks and opportunities of AI within 120 days, clarify federal government responsibilities, and study how to ensure the U.S. maintains leadership in the field of "super intelligence" while protecting the interests of the American public.
The task force still regards the A
Benson Sun: There is active capital absorption in the Bitcoin range of $83,000 to $84,000, with a clear buying response
BlockBeats news: On October 4, Coinkarma founder Benson Sun posted that around 11 PM on October 1, both US stocks and gold weakened simultaneously, but the Binance BTC/USDT spot market saw continuous market price buy orders of about 400 BTC, supporting the price above $84,000, ultimately resulting in a doji candlestick.
Around 1:30 AM on October 3, within the same price range, the market briefly saw market price sell orders of about 1,400 BTC, causing the price to be quickly hammered down and f
Former Arena employees accuse the company of long-term salary arrears and token distribution delays
BlockBeats news, on October 4, former Rove/The Arena employee Amy Street posted that she resigned last year due to long-term salary delays, and nearly a year later, related reimbursements and compensations have still not been fully resolved. A large token allocation she received during her tenure has also not been fully accounted for. She stated that she had used her personal credit card to cover company event expenses, and although the person in charge, Jason DeSimone, had once promised in writ
Solana ecosystem token Agency market cap surpasses $20 million, up over 11 times in 24 hours
BlockBeats news, on October 4th, according to GMGN market data, the Solana ecosystem token Agency's market value surpassed 20 million USD, currently reported at 21.8 million USD, with a 24-hour increase of over 11 times, and a trading volume of 28.6 million USD during the same period.
AGENCY is the native token of Agency, an AI token issuance platform on Solana. The platform positions itself as an "autonomous token" infrastructure: creators can choose different inference models for their tokens
Famous trader Killa: The crypto market may undergo de-risking after the midterm elections, and then consider hedging short positions
BlockBeats news, on October 4th, well-known trader Killa posted that he does not believe Bitcoin will hit new lows again and currently maintains a long position. However, after the US midterm elections, the market may still experience some risk-off behavior, so now is not the right time to establish hedge short positions in advance.
Historically, in every US midterm election cycle, Bitcoin's performance after the election has been relatively weak. But if Bitcoin continues to rise before the ele
🚀 Protocol revenue hits a peak, the era of the ecosystem's "super app" is arriving!
📊 Defillama data shows that protocol revenue reached $55.5 million in the past 30 days, surpassing Hyperliquid ($54.34 million), ranking only behind Tether and Circle among crypto protocols.
💡 Renowned trader Ansem states that the market has not yet fully priced in the potential to become an L1-like underlying infrastructure:
• The creator revenue-sharing mechanism (close to 1:1) will strongly attract teams to build products on top;
• Extracting fees from each platform layer and token, the economic structure is even better than traditional L1s;
• With the launch of features like custom trading pairs and Callout Rewards, PUMP's valuation is expected to be reshaped according to L1 logic, becoming the super app of this cycle.
Ansem 🐂🀄️
ppl are not pricing in pump essentially becoming an L1 as underlying infra for other launchpads on top
nobody is tracking how much they are giving away in creator fees, its nearly 1 to 1 with the amount of revenue they're making, so teams are highly incentivized to just build on top, for every $500M in rev there's ~$500M in creator fees to coin creators bc of the fee structure post-bonding
& the economics are much better than L1 economics because pump benefits from getting fees from every launchpad layer *and* every coin from every launchpad
Pump.fun protocol revenue in the past 30 days has surpassed Hyperliquid
BlockBeats news, on October 4th, according to Defillama data, Pump.fun's revenue in the past 30 days reached 55.5 million USD, surpassing Hyperliquid's 54.34 million USD revenue in the past 30 days, ranking only behind Tether (508 million USD) and Circle (208 million USD).
A 60-year-old woman in Hong Kong fell victim to a crypto investment scam, losing approximately HKD 21.5 million in total
BlockBeats news, on October 4, the Hong Kong police received a report on October 3 from a 60-year-old woman. The woman had previously met a person claiming to be an "investment expert" on an online platform, who then induced her to invest in cryptocurrency on a fake website through an online investment platform.
The involved platform subsequently required the woman to pay a margin to prove that her investment account was not used for money laundering. Between April 14 and September 22, the woma
Bonk Guy's total holdings value has retraced nearly $13.9 million from its peak
BlockBeats news, on October 4th, well-known trader Bonk Guy currently holds tokens with a total value of about $13.7 million, a drawdown of about $13.9 million from the previous peak of $27.6 million on September 6th. His top three spot holdings are PONS ($4.51 million), USELESS ($3.83 million), and MARSCOIN ($2.87 million).