The market shows that DRIFT has broken through 2 USDT and is currently trading at 2.26 USDT, with a 24-hour increase of 332%.

In the last 24 hours, liquidations from Bitcoin (BTC) and other crypto have soared as high as $238 million. At the time of this writing, CoinGlass data confirms that 80,028 traders were liquidated during this time, and the total liquidation total was $238.94 million. It is worth noting that the largest single liquidation order happened […] The post Crypto Liquidation Hit $238 Million As High... source: https://www.thecoinrepublic.com/2024/11/08/crypto-liquidation-hit-238-million-as-high-leverage-traders-faces-the-heat/

According to PANews, Vitalik Buterin has published an article titled 'From Prediction Markets to Info Finance,' where he discusses the potential of prediction markets as a tool for the world. However, he emphasizes that prediction markets are just one application within the broader category of 'information finance,' which holds promise for enhancing social media, science, journalism, governance, and other fields. Buterin identifies the next decade as a unique opportunity for the development of information finance, citing several key reasons. Firstly, information finance addresses existing trust issues. In today's world, a common concern is the lack of knowledge and consensus, leading to uncertainty about whom to trust in political, scientific, and business contexts. Information finance applications could play a role in resolving these trust issues. Secondly, the availability of scalable blockchain technology provides a solid foundation for these ideas. Until recently, high fees made it challenging to implement such concepts, but now, with reduced costs, these ideas are more feasible. Lastly, the involvement of artificial intelligence (AI) as a participant is a significant factor. When information finance relied solely on human involvement, its effectiveness was limited. AI has greatly improved this situation, enabling efficient markets even for small-scale issues. Many markets may feature a combination of AI and human participants, especially when the number of specific issues suddenly increases.

The strong performance of Ethereum in recent days has caught the attention of experts. In several posts on X, prominent fund managers and industry leaders have projected a bullish outlook for Ethereum (ETH), positioning it to outperform Bitcoin (BTC) with a target price of $8,000. This optimism is underpinned by anticipated regulatory advancements for the decentralized finance (DeFi)... source: https://www.newsbtc.com/news/ethereum/ethereum-outperform-bitcoin-fund-managers-8000-target/

MEW has experienced a sustained uptrend over the past month, hiking by 49.70%. source: https://ambcrypto.com/mew-surges-49-in-a-month-is-a-new-ath-on-the-horizon/

Vitalik published a new article "From Prediction Market to Information Finance" and said that he has been a close supporter and follower of Polymarket this year, and the prediction market is one of the Ethereum applications that excites him the most. Vitalik believes that Polymarket has two sides. On the one hand, it is a betting website for participants, and on the other hand, it is a news website for everyone else. When the results of the election gradually came to fruition, although many experts and news sources had been luring the audience, hoping that they would hear news that was favorable to Harris, Polymarket directly revealed the truth that Trump's chance of winning had reached 95%. The investment of real money by users can make the market realize what the truth is closer to. In addition, the prediction market can also use finance as a way to coordinate incentive mechanisms in order to provide valuable information to the audience. Information finance solves the trust problem that people actually have. A common concern of this era is the lack of knowledge and not knowing who to trust in political, scientific and business environments. Information finance applications can help be part of the solution. He predicts that one technology that will drive the development of information finance in the next decade is artificial intelligence.

According to PANews, the Ontario Provincial Police (OPP) in Canada has expressed gratitude towards stablecoin issuer Tether for its assistance in an investigation that led to the freezing of approximately 10,000 Canadian dollars (equivalent to 7,186 US dollars) in Tether stablecoins. These funds, which were stolen from an individual, have now been successfully returned to the victim. Detective Staff Sergeant Addison Hunter of the OPP highlighted the significance of Tether International Ltd.'s voluntary assistance and cooperation in the case. He stated that the collaboration was instrumental in the successful seizure and return of the stolen digital assets to their rightful owner. This partnership played a crucial role in ensuring the swift recovery of the assets, underscoring the importance of cooperation between law enforcement agencies and private companies in tackling digital asset theft.

According to BlockBeats, recent market data indicates that Binance Coin (BNB) has experienced a notable increase in value. Over the past hour, BNB has risen by 4.4%, bringing its current price to $621. This surge in BNB's price reflects ongoing market dynamics and investor interest in the cryptocurrency. The increase comes amid a broader context of fluctuating cryptocurrency values, where various factors such as market sentiment, trading volumes, and external economic conditions can influence price movements. As BNB continues to show volatility, investors and market analysts are closely monitoring its performance to gauge potential future trends. The rise in BNB's price highlights the cryptocurrency's resilience and its role within the broader digital asset ecosystem. As one of the leading cryptocurrencies, BNB's price movements are often seen as indicative of broader market trends. This recent increase may attract further attention from traders and investors looking to capitalize on short-term gains or long-term investment opportunities in the cryptocurrency market.

The market shows that BNB has broken through 620 USDT and is currently trading at 620.35 USDT, with a 24-hour increase of 2.6%.

According to Trader T monitoring, BlackRock IBIT's trading volume yesterday was US$1.943 billion, of which 43% were active buy orders and 34% were active sell orders.

Golden Finance launches the 2503rd issue of "Golden Morning 8" - a morning report on the cryptocurrency and blockchain industry, providing you with the latest and fastest news on the digital currency and blockchain industry.

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Any place where transactions are conducted outside of traditional exchanges can be considered an OTC market. As an international financial center, Hong Kong's open attitude and policies towards cryptocurrencies provide a new channel for mainland Chinese investors.

Even if you have no technical background and cannot write code, you can create your own AI chain robot without any code in just 3 minutes.

Lazada Malaysia is launching AI Lazzie, an AI-powered shopping assistant that offers personalised recommendations and fun features for the 11.11 sale. The platform also introduces virtual try-ons and aims to improve the AI shopping experience based on growing consumer demand in Southeast Asia.