spot gold broke through $2,680/oz, rising 0.80% intraday.

On October 27th, according to Onchain Lens monitoring, a trader missed out on a potential profit of $1 million by selling too early due to losses. The trader originally purchased 33.7 million MemesAI tokens for 20 SOL ($2,971), but panicked and sold them for 7.79 SOL ($1,139) during a price drop. Now, the value of these tokens is over $1.02 million.

On October 27th, according to Token Unlocks data, TIA, SUI, and OP tokens will have a large amount of unlocking next week. Specifically:

Cytonic, a layer-1 blockchain called "MultiVM" that allows for compatibility with various Web3 technologies, has raised $8.3 million in a seed round led by Lemniscap and Lattice. Developed by MultiVM Labs, Cytonic is the first layer 1 blockchain that runs multiple VM's within the same network layer using shared storage, addressing blockchain compatibility challenges. Cytonic is compatible with most blockchains like Bitcoin, Ethereum, and Solana, enabling different transaction types to be processed together in a single block, with the goal of making on-chain interactions easier and reducing transaction fees and waiting times when moving assets between chains.

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has partnered with Aptos, an innovative blockchain network, to offer an exclusive APT Ecosystem Airdrop to Web3 builders. This collaboration aims to support the growth of cutting-edge blockchain technologies and fuel the next wave of Web3 projects. The airdrop, hosted on Bybit's Airdrop Arcade, provides users with a chance to explore Aptos's innovative blockchain features while potentially earning $APT rewards. Bybit and Aptos's strategic collaboration marks a pivotal step in making decentralized technology more accessible, secure, and engaging.

Ki Young Ju, CEO of CryptoQuant, said on his social media platform: "I agree with everything meme coin enthusiasts talk about, except for the 'meme token cycle'. Social media has evolved from being centered around friends and family relationships to being centered around common interests, and the next step is social media driven by economic interests, which is also the vision of Web3. Memecoin is just a temporary combination of economics and common interests in the transitional phase of social media. Soon, we will see an era where economic interests are aligned with the creation of internet social value, and that is when the real season of altcoins will begin."

According to SolanaFloor data reported by Jinse Finance on November 7th, Solana validators earned $445 million in October.

Su Zhu stated in a post on X that he has gone long on ETH at $2475 and on SOL at $175.

On October 27th, Tether CEO Paolo Ardoino posted on X platform stating that a preview of Tether's local artificial intelligence development kit, Local AI, was showcased at the Lugano Plan ? event yesterday. The kit focuses on privacy and is supported by peer-to-peer technology, allowing code to be written once and run anywhere, from a $40 smartphone to a flagship smartphone, from a laptop to a large machine with many H100s, from a smart fridge to a car entertainment system. Tether's AI SDK is highly modular, supporting any model (Marian, Llama, etc.) and loading/storing weights and fine-tuning data in a P2P data structure, with plans to be open-sourced after being tested in real-world scenarios.

market shows JUP has fallen below $1 and is now trading at $0.99, with a 24-hour decline of 1.98%. The market is volatile, so please be prepared for risk control.

According to data monitored by Arkham, about three hours ago, BlackRock's Bitcoin exchange-traded fund IBIT Bitcoin ETF transferred a total of 1,060.63 BTC, worth about $79.47 million, to Coinbase Prime Deposit address.

12:00-21:00 Keywords: Stablecoin, Wintermute, Meme

police in Leshan, Sichuan successfully broke up a large-scale cross-regional underground money laundering criminal network involving 13 provinces nationwide, with a total amount involved of up to 38 billion yuan. The police found that the gang controlled 24 shell companies, provided "public-to-private" services without real operations, and used virtual currency transactions to implement cross-border fund transfers. The operation information was complex, with about 20 million pieces of fund data intertwined. After meticulous investigation, a total of 176 criminal suspects were arrested, and the main culprit, Wan, was sentenced to thirteen years and six months in prison. Currently, the cases in various places are still under further investigation.

On November 7th, it was reported that according to Ethereum supply data analysis, the supply of ETH is greater than the amount being burned, with 11,431 ETH added in the last 7 days. Ethereum's income and ETH supply burning have significantly decreased, with total income being 69% lower than the average of the 150 days prior to the upgrade, and ETH burning being more than 80% lower than the average of the 150 days prior to the upgrade. The majority of industry professionals consider Ethereum's upgrade to be a failure in many cases.

Christian, co-founder of the NDV crypto fund and NFT whale, announced on X platform that he will participate in the Cattelan banana auction at Sotheby's. If successful, he will represent the Cheems (@LordCheems_bsc) community in "feeding this masterpiece to the cute Shiba Inu Cheems." Christian also stated that spreading the memecoin revolution will be very interesting during this cycle.