BlackRock deposited 1885 BTC and 59606 ETH to Coinbase Prime 4 hours ago

On November 7th, as monitored by Onchain Lens, the associated wallet of SharpLink, which is the second-largest holder in Ethereum, deposited 4363.5 ETH into OKX. This deposit is approximately worth $14.47 million.

On November 7th, the DeFi research and risk management company Gauntlet previously recommended that the Ethereum lending protocol Compound implement a temporary emergency pause on the following standalone borrowing market Comet in v3, which includes: USDC on Ethereum, USDS on Ethereum, and USDT on Ethereum. The proposal has been approved, and withdrawals for the USDC and USDS lending markets were resumed on November 6th. Compound has stated that it will gradually restore the markets while ensuring system security. This action is designed to address the liquidity crisis of Elixir's deUSD and sdeUSD, both of which are listed as collateral on Ethereum USDC, USDS, and USDT. On November 4th, Stream Finance disclosed a $93 million loss in its fund assets, with Elixir having an exposure of $68 million, resulting in a liquidity crisis for its stablecoins deUSD and sdeUSD.

On November 7th, Binance Alpha launched a new token called elizaOS (ELIZAOS).

On November 7th, Hourglass posted an update on the progress of the Stable Deposit Event Phase 2 and made the following adjustments: **Deposit**: Users can make deposits through the Hourglass frontend or directly on-chain (it is recommended to use the frontend for security). The deposit window will reopen for 24 hours starting from the time of this post (9:25 AM Beijing time). The wallet limit is 1 million US dollars per wallet, and the minimum deposit amount remains at 1,000 US dollars. Funds can be withdrawn at any time on a 1:1 basis before the KYC phase is completed. Users who have not completed KYC can also withdraw at any time. If a deposit was successfully made previously, it will still be considered eligible and included. **Eligibility and KYC**: After the deposit window closes, users have 72 hours to submit KYC information. Once KYC verification is completed, all eligible deposits will be transferred to the custodian and then deposited with the banking partner. Among the elig

On November 7th, as per on-chain data, following the launch of the second phase of the deposit pre-activation event by Stable, it has currently managed to raise more than $860 million. Earlier reports had mentioned Stable's updated allocation model: in case the total eligible deposits exceed $500 million, they will be distributed in a proportional manner.

On November 7th, based on Coinglass data, the perpetual contract funding rate for FIL on mainstream CEXs has surged to a significantly high negative value, suggesting a build-up of short positions. Currently, Binance's FIL contract funding rate is at -1.005%. According to HTX market information, FIL is currently trading at $2.184, with a 24-hour increase of 61.2%. In the past 24 hours, the contracts of FIL have seen liquidations of $6.2 million, with the amount of short positions liquidated reaching $4.02 million. FIL's total open interest now stands at $218 million, with a 24-hour growth of 118%. Today, storage sector tokens have witnessed a substantial increase, with FIL, AR, and STORJ leading the gains.