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Boros: Achieves $2.83 Billion in Transaction Volume in 3 Months, Building the Next-Gen Yield Engine for DeFi

13 hours ago

On October 24th: Boros, which has been launched for 3 months, has reached a trading volume of 28.3 billion US dollars, an open interest of 47 billion US dollars, and an annualized fee of 1 million US dollars. As a crucial vehicle for on-chain yield trading in Pendle, Boros's yield unit mechanism is capable of covering both cryptocurrency and traditional financial rates (such as US Treasuries and mortgage rates). Boros's future plans involve promoting new trading pairs like SOL/HYPE, expanding trading platforms, and popularizing various yield rate trading strategies. The aim is to unlock a potential yield of hundreds of billions and construct the next-generation DeFi yield engine.
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Trump Appoints Michael Selig as CFTC Chair to Address Crypto Industry Growth

On October 25th, as reported by Bloomberg, Trump appointed Michael Selig as the chairman of the U.S. Commodity Futures Trading Commission (CFTC) in order to address the growth of the crypto industry. Michael Selig is the Chief Counsel of the SEC's Cryptocurrency Special Working Group and was previously a partner in the asset management business at Willkie Farr & Gallagher law firm.

30 minutes ago

SpaceX has once again transferred 1215 BTC, worth $133 million, only three days apart

On October 25th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), SpaceX once more transferred 1215 BTC, with a value of $133 million, and this was just three days apart. It is worthy of note that the $268 million worth of BTC transferred three days ago has also remained idle up to now, and the intention behind the transfer remains unclear.

30 minutes ago

Trump-Owned Drone Company Wins Pentagon's Largest-Ever Contract

On October 25th, Trump's drone company, Unusual Machines, won the largest contract in the history of the Pentagon. As a result, Unusual Machines saw a 14% surge and then trading was halted.

30 minutes ago

Tom Lee: Bitcoin's Four-Year Cycle Pattern Has Been Broken, But a 50% Correction is Still Possible

On Thursday during an interview with cryptocurrency entrepreneur Anthony Pompliano, Tom Lee said on October 25th: "I'm confident that Bitcoin will experience a 50% correction. Stock market corrections of 25% are occurring more frequently. Over the past six years, the stock market has made significant progress; we have witnessed abnormally large 25% corrections. Therefore, if the S&P 500 drops by 20 points, Bitcoin could fall by 40 points." Tom Lee also mentioned that Bitcoin has already disrupted its typical four-year cycle, suggesting that a "longer cycle" is taking shape.

30 minutes ago

Coinbase Prime Adds Custody Support for APR, BNB, and weETH

On October 24th, Coinbase Institutional announced on the X platform that aPriori (APR), BNB (BNB), and weETH (wETH) have now become available for custody on Coinbase Prime.

30 minutes ago

Resupply has initiated a proposal in the Curve community, suggesting the minting of 5 million crvUSD to supply the sreUSD LlamaLend market.

On October 24th, the lending protocol based on Llamalend, Resupply, launched a new proposal within the Curve community. It proposed to mint 5 million crvUSD and supply it directly to the sreUSD Llamalend market. The purpose of this proposal is to strengthen the overall supply system by enhancing the dynamics among reUSD, sreUSD, and crvUSD.

30 minutes ago

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