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Akash Network Founder: Actively Considering Migration to Solana

8 hours ago

On October 15th, Greg Osuri, the founder of the distributed cloud computing protocol Akash Network, tweeted that he is "considering migrating to Solana, but it has not been made final yet. We are still actively considering 15 other chains, and their foundations have contacted our team in the past few days. The final decision-making process will be transparent, and the community will have a say in every step." Greg Osuri also added, "What is the best about Cosmos is its community and strong open-source spirit. Solana is excellent in many aspects, but I do have concerns about open source and community values."
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Binance will soon launch Yield Basis (YB) for contract trading, wealth management, one-click buy, flash exchange, and leverage.

On October 15th, as per the official announcement, Binance is set to launch the Yield Basis (YB) principal-protected yield farming product at 19:00 UTC on October 15, 2025, and commence subscriptions. Simultaneously, YB will be listed on the one-click buy-in, instant exchange platform, as well as for leverage and futures trading. Users have the ability to purchase YB through one-click buy-in using credit cards, and the instant exchange platform enables the exchange of YB for BTC, USDT, and other tokens. In leverage trading, YB will be introduced as a borrowable asset along with its corresponding trading pairs. The YBUSDT perpetual contract will also become operational on the same day with a maximum leverage of up to 25 times.

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Marked as the "Pension Fund" Whale opened a 10,000 ETH short position during the uptrend, previously incurring a 3,410,000 loss

On October 15th, according to the on-chain AI analysis tool (https://t.me/CoinbobAI_bot) @CoinbobAI_bot, a whale that users identified as "Pension Fund" made a decisive move. When ETH broke through $4200 with high volume after trading sideways, this whale opened a 2x leveraged short position of 10,000 ETH and held more than $41 million. This address often takes short positions during overbought conditions. It is particularly good at deploying large short positions at key levels for ETH. Although it suffered a loss of $3.41 million in the past week due to previous long operations, its historical short position success rate is 100%. It is worth noting that the operations of this address combine high-frequency probing with swing trading. The average holding period is about 7 hours, and the timing of fund deployment is clear. After depositing $30 million last week, it quickly built up its position within 72 hours.

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Galaxy Digital deposits 250,000 SOL to CEX, worth around $51.69 million

On October 15th, as monitored by lookonchain, Galaxy Digital has just made a deposit of 250,000 SOL into Binance (approximately $51.69 million).

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$HTX Q3 Burned 131.2 Trillion Tokens, Setting a New Record with a Total Value Exceeding $27.03 Million

On October 15th, according to an official announcement from HTX DAO, the 2025 third-quarter $HTX token burning plan was successfully completed on October 14th. On-chain data indicates that a total of 13,119,801,941,747.93 $HTX were burned this time. The total value exceeded $27.03 million, representing an 11.19% increase compared to the previous period and setting a new record since the implementation of the burning mechanism. The $HTX token burning data for this quarter has reached a new high again, which is due to the steady growth of the overall business of Huobi HTX. It is worth noting that since the implementation of the burning mechanism, the burning efficiency of $HTX has continued to accelerate over the past year, with a burning growth rate of 33% during this period. The ongoing deflationary measures have not only effectively optimized the token's circulation structure but also further enhanced the long-term value foundation of $HTX.

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Binance Alpha has now launched Yield Basis (YB)

On October 15th, Binance Alpha has now initiated Yield Basis (YB).

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Amber Group, as the Yield Basis (YB) project's liquidity provider, has deposited a total of 8.25 million YB tokens into multiple CEXs.

On October 15th, as per the monitoring of @EmberCN, the Amber Group received 8.25 million YB from the yieldbasis project team's address 3 hours ago. It has since been deposited into multiple exchanges.

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