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Original Title: Weekend Stress Test Authors: UkuriaOC, CryptoViz... Summary: The weekend saw increased volatility in the crypto market, with bitcoin experiencing sharp price swings. Despite the turbulence, the market remained resilient, and no major liquidation events occurred. Analysts believe this volatility may serve as a stress test for investors’ risk tolerance and could set the tone for upcoming trading sessions.
- 03:14Zepz launches crypto wallet "Sendwave Wallet" on SolanaJinse Finance reported that digital remittance service provider Zepz (which owns WorldRemit and Sendwave) has launched a new crypto wallet—Sendwave Wallet—on the Solana blockchain. Zepz stated that the wallet will provide cross-border payment services via stablecoins, targeting users in over 100 countries worldwide. It is reported that Sendwave Wallet allows users to send, store, and use USDC on the Solana network. This move marks Zepz, which processes over $15 billions in annual remittances, expanding its services beyond traditional remittance. In July this year, Zepz partnered with USDC issuer Circle to integrate stablecoin payments into everyday use cases.
- 03:04Data: An Ethereum OG address holding 736,000 ETH deposited 500 million USDT in advance before the stable announcementAccording to ChainCatcher, monitored by Lookonchain, an Ethereum OG holding 736,000 ETH (worth $2.89 billion) deposited 500 million USDT into their treasury before the stable pre-deposit event announcement. This OG borrowed the USDT by collateralizing 300,000 ETH on Aave. Previously, after the Layer 1 stablecoin project Stable announced its first phase pre-deposit event, the $825 million quota was sold out in seconds, sparking community doubts about potential “insider trading.” Verification shows that the official announcement was released at 9:10 (UTC+8), while on-chain data indicates the first deposit was made at 8:48 (UTC+8), before the official announcement. Rough estimates suggest that over 70% of deposits were made before the announcement.
- 03:04Bitget has launched USDT-margined perpetual contracts for EVAA, APR, TURTLE, and others.ChainCatcher news, according to the official announcement, Bitget has launched USDT-margined perpetual contracts for EVAA, APR, TURTLE, and MET, with maximum leverage of 50x, 50x, 50x, and 25x respectively. Contract trading BOT will be opened simultaneously. In addition, users can participate in the new contract token event. By completing MET contract trading tasks, users can unlock airdrop rewards, with a maximum of 3,000 USDT per person and a total prize pool of 30,000 USDT. The event ends at 23:00 on October 30 (UTC+8).