In the past 24 hours, the entire network has seen $364 million in liquidations, with the primary liquidated positions being shorts.

On October 8th, according to official channels, the liquidity protocol Meteora within Solana's ecosystem has announced its MET tokenomics. At the time of the token generation event (TGE), 48% of the total supply will be in circulation. According to the Meteora plan, 20% of the tokens are allocated to Mercurial stakers, 15% to Meteora users (through the LP incentive program), 3% to Launchpads and the Launchpool ecosystem, 2% to off-chain contributors, 3% to the Jupiter staking incentive program, 3% to centralized exchanges, market makers, etc., and 2% to M3M3 stakers. In the remaining allocation, 18% goes to the team with a linear vesting period of 6 years, and 34% to the Meteora Reserve, which also has a 6-year linear vesting schedule. Meteora has introduced the Liquidity Distributor, which distributes airdrops in the form of liquidity positions instead of traditional direct airdrop claims. Users can receive trading fee rewards without having to sell the tokens by participating in the

On October 8th, the Bank of England intends to waive its proposed limit on holding stablecoins, enabling cryptocurrency exchanges and other specific businesses to hold a greater amount of stablecoins. It is expected that the Bank of England will announce these stablecoin restriction measures by the end of this year. Meanwhile, the Bank will also permit businesses to utilize stablecoins as settlement assets within its "digital securities sandbox" so that they can observe the practical operation of stablecoins while assessing the potential application of this technology. Earlier reports indicated that several crypto companies are lobbying the Bank of England to reexamine its stablecoin holding limits. These companies argue that such limits place the UK at a disadvantage as its regulation of the stablecoin industry is more stringent compared to that of the US or the EU. The Bank of England had previously planned to set the limit for individual stablecoin holdings at ￡10,000 to ￡20,000 and

On October 8th, according to data from DefiLlama, the protocol revenue of Four.Meme in the past 24 hours reached $1.47 million, exceeding that of Pump.fun ($1.35 million).

On October 8th, as per The Block, a new filing related to a trading platform exchange-traded fund (ETF) that tracks HBAR has revealed crucial details. Analysts suggest that this might indicate that the ETF is gradually getting closer to being approved by the U.S. Securities and Exchange Commission (SEC). On Tuesday, Canary Capital filed an amended registration statement for its Canary HBAR ETF, stating that its trading symbol is HBR and specifying a sponsor fee of 0.95%. The company is also working on a Litecoin (LTC) ETF with a trading symbol of LTCC and a similar sponsor fee of 0.95%. Bloomberg Senior ETF Analyst Eric Balchunas pointed out that these details are usually the final updates before "going live". Compared to a spot Bitcoin ETF, a 0.95% fee is regarded as "high", but for assets that are new to the ETF space and relatively niche, this higher fee is "quite normal". Bloomberg Intelligence Analyst James Seyffart expressed a similar opinion, saying, "It feels like the LTC an

On October 8th, spot gold surged to reach $4000 per ounce, hitting a brand-new all-time high. Up to now this year, it has increased by nearly $1400. (Golden Ten)

On October 8th, as monitored by Onchain Lens, a newly established wallet received 500 Bitcoins from BitGo, with a value of $61.96 million.