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Meme Token BNBHolder's Market Cap Surpasses $120 Million within 45 Minutes of Launch

3 hours ago

On October 9th, based on GMGN data, the Meme token BNBHolder went live and within 45 minutes, its market capitalization exceeded $120 million, with a reported trading volume of $146 million. BlockBeats reminds users that Meme coins generally lack practical use cases and experience significant price volatility. Therefore, investment should be approached with caution.
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QumulusAI Secures $500 Million Credit Line for GPU Cluster Investment

On October 9th, as per the report by CoinDesk, the cloud infrastructure company QumulusAI has obtained a $500 million credit line for investing in a GPU equipment cluster. These GPUs are arranged by Permian Labs and distributed through USD.AI. This non-recourse credit line enables QumulusAI to borrow stablecoins, with up to 70% of its approved GPU deployment serving as collateral. It offers a quicker source of funding compared to traditional bank loans or risky debt obtained through credit channels.

6 minutes ago

A certain Ethereum whale has reawakened after 6 years of dormancy, staking 6,098 ETH

On October 9th, as per the monitoring of OnchainLens, a whale that had been dormant for 6 years has awakened and staked 6,098 ETH, which is worth $26.68 million, into ETH 2.0. The whale initially acquired 6,203 ETH from Kraken and Bitfinex. At that time, the value was $2.77 million. It has now achieved a profit of $24.29 million.

6 minutes ago

Phase One: The Binance Meme Rush Leaderboard is for reference only, and the score is calculated based on multi-dimensional data aggregation.

On October 9th, a Binance co-founder named He Yi clarified the Meme Rush ranking algorithm. "The token ranking merely reflects the relative performance of Binance-exclusive tokens and does not imply that the token has any listing preferences. The token score is computed based on multidimensional data such as market capitalization, price, holding amount, and trading activity. Customer Service Xiao He: Don't pay too much attention to the ranking as it is only for reference."

6 minutes ago

Bitcoin Ad Makes Front Page of The Times of India

On October 9th, a Bitcoin ad took over the front page of India's largest newspaper, the Times of India.

6 minutes ago

A Whale Goes 3x Long on BNB, With Unrealized Gains Exceeding $1 Million

On October 9th, as per the monitoring of LookOnChain, the Whale address "0x2a02" accumulated a long position of 3 times BNB five days ago. It held 7,957 BNB, which was valued at $10.13 million. Currently, it had unrealized gains of more than $1 million.

6 minutes ago

In the past 24 hours, the BSC network has reached a fee volume of $7.88 million, ranking first among public blockchains

On October 9th, based on DeFillama data, the BSC network witnessed a 24-hour fee volume of $7.88 million, topping among public blockchains. The Tron network ($1.49 million) came in second, with the Ethereum network ($0.76 million) in third place. Moreover, on the BSC chain, the DEX achieved a trading volume of $6.1 billion within the past 24 hours, outperforming Solana ($4.97 billion) in second place and approaching Ethereum's $6.3 billion.

6 minutes ago

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