News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Alibaba Qwen Deep Research has added one-click webpage and podcast generation features. In testing, Qwen and Gemini were tied for best accuracy; Qwen led in research depth and webpage output, while Gemini excelled in multimedia quality. Summary generated by Mars AI. The accuracy and completeness of this summary, generated by the Mars AI model, are still being iteratively improved.
The Base ecosystem prediction platform Limitless saw its token LMTS surge by 110%, with a market capitalization reaching $429 millions; MERL spot price increased by 40%, with a futures price spread of 48%; Machi suffered losses in contract trading; Giggle Academy clarified that it has not issued any tokens; Binance hired a Trump ally for lobbying; a mysterious whale increased BTC long positions; the probability of a Federal Reserve rate cut in October rose to 98.3%. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved.
Chen Zhi, a 28-year-old from Fujian, founded Prince Group, the largest real estate conglomerate in Cambodia. He was later indicted by the U.S. Department of Justice for alleged transnational online fraud and money laundering, with $15 billion worth of bitcoin seized. His fraudulent empire involved large-scale online gambling and "pig-butchering" scams, and maintained operations by bribing public officials in multiple countries. Although he enjoyed a reputation as a philanthropist and entrepreneur in Cambodia, the true nature of his business empire has now been exposed.
![[Bitpush Weekend Review] Trump nominates SEC crypto task force chief legal advisor Michael Selig as CFTC Chairman; Trump says at a private gathering that cryptocurrency could help solve the $35 trillion US debt problem; Bloomberg: Since the introduction of regulatory bills in the US, the proportion of stablecoins used for payments has surged by 70%](https://img.bgstatic.com/multiLang/image/social/6f7dc601c3d5c684dffeb2a0f54b0e661761530402644.png)
Quick Take Summary is AI generated, newsroom reviewed. Wallets tied to FalconX and Wintermute recently bought 21k SOL (~$3.9 M) and 71.5k SOL (~$12.5 M) in one transaction. SOL currently trades near ~$190, matching transaction USD conversions of ~$3.9 M for 21k SOL (≈ $185 each). 71.5k SOL equals roughly 0.015% of Solana’s ~470 million circulating supply. Hong Kong’s SFC approved the first spot SOL ETF under ChinaAMC for listing on October 27, 2025.References X Post Reference
In fact, it will take us several years to obtain a validity proof for Ethereum consensus.
- 02:47GMGN Co-Founder: Compensation has been distributed to users affected by the MEV attackAccording to ChainCatcher, GMGN co-founder Haze stated on the X platform that the team has completed compensation payments to users affected by the MEV attack. He noted that the team had finished calculating the losses and distributed the compensation to the relevant users' wallets yesterday.
- 02:46Korean-listed BTC treasury company Bitplanet has made its first purchase of 93 BTC.ChainCatcher reported that the Korean listed company Bitplanet has executed the first purchase under its daily bitcoin accumulation plan, acquiring 93 BTC on Sunday. This is part of the company's goal to build a reserve of 10,000 bitcoins. Reportedly, the company is backed by Metaplanet CEO Simon Gerovich, and this move is positioned as the first bitcoin purchase by a listed company in Korea. Bitplanet previously announced this plan at the Bitcoin Asia 2025 conference at the end of August and underwent a rebranding, reserving $40 million for future purchases. Co-CEO Paul Lee stated that this move provides a legitimate and prudent risk management approach for bitcoin acquisition. The company has fully disclosed these purchases through the compliance monitoring platform of the Korean Financial Services Commission.
- 02:35Data: A certain whale holds ETH, SOL, and other tokens with unrealized profits exceeding $5 million, and has set limit sell orders to take profit.According to ChainCatcher, monitored by Lookonchain, the whale address 0x71a0 currently holds ETH, SOL, PUMP, and FARTCOIN tokens, with unrealized profits exceeding $5 million. This whale has set limit sell orders at the following price ranges: ETH between $4,300 and $4,700, SOL between $210 and $250, PUMP between $0.007 and $0.009, and FARTCOIN between $0.6 and $1.