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a16z crypto Promotes Guy Wuollet to General Partner

2 hours ago

On November 11th, a16z crypto elevated Guy Wuollet to General Partner, thereby making him the fourth General Partner within the firm. Guy Wuollet first established a connection with a16z in 2018 when he was studying computer science at Stanford University. He initially joined the team as an intern and subsequently transitioned to full-time in 2020. His areas of focus include infrastructure, DeFi, and DePIN investments. He has been actively involved in over 20 investment projects, such as those related to Solana, LayerZero, Gensyn, EigenLayer, Daylight, and Morpho.
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Trump: Unfavorable Ruling Could Result in Tariff Refunds Exceeding $30 Trillion, Potentially Causing Devastating Impact on America's Future

On November 11th, President Trump of the United States declared that the Supreme Court of the United States was furnished with inaccurate data. In the event that an unfavorable ruling is handed down on the tariff issue, the ensuing "tariff refund," encompassing the already committed, to-be-invested, and repatriated funds, will surpass $30 trillion. Such an enormous setback is fundamentally irremediable and constitutes a genuine insuperable national security event, exerting a devastating impact on the future of the United States—possibly even making it arduous for the country to sustain itself. (Golden Finance)

5 minutes ago

A whale deposited 1.19 million USDC into HyperLiquid, longing UNI with 5x leverage.

On November 11th, as per the monitoring of Onchain Lens, a whale transferred 1.19 million USDC into HyperLiquid and initiated a 5x leveraged long position in UNI. The value of this position is $4.47 million, and the liquidation price is $7.41.

5 minutes ago

Pacifica's active users surpass 30,000, and the current supply of points has reached 123 million coins

On November 11th, based on Defilama and Dune data, the Solana-based perpetual contract trading platform Pacifica has exceeded 30,000 active users. It has a trading volume of $10.5 billion, approximately $45.92 million in open interest, and a current TVL of around $38.98 million. Additionally, after Pacifica increased its regular point issuance to 20 times, the current point supply has reached 123 million. Pacifica was founded in January 2025 by three founders, among whom is former FTX COO Constance Wang. It took only two months to launch the testnet and completed the mainnet launch on June 10th.

5 minutes ago

「Loan-Backed Whale Shorts 66,000 ETH」 Accumulates 75,418 ETH in 12 Hours

On November 11th, as per the monitoring of LookOnChain, the "Borrow-and-Short 66,000 ETH Whale" has made a total purchase of 75,418 ETH ($2.6946 billion) within the past 12 hours. Currently, it holds 266,901 ETH ($949 million).

5 minutes ago

After the US Government Shutdown, a Wave of "Low-Quality" Data Could Hit the Market

On November 11th, the direction of the U.S. government shutdown is becoming evident, suggesting that Wall Street is likely to soon witness a wave of key economic reports that have been postponed for more than a month. The first to come into view will be the September employment data. Morgan Stanley economists project that the September employment report could potentially be released as early as this Friday, yet it is more inclined to be at the start of next week.


In addition, in the most unfavorable situation, the October Consumer Price Index (CPI), Producer Price Index (PPI), and Personal Consumption Expenditures (PCE) Price Index might not be released at all. The PCE Price Index is the Fed's preferred inflation metric.


Another possibility is that the U.S. Bureau of Labor Statistics will try to extrapolate the monthly inflation trend. Nevertheless, economists assert that the quality of the report will be signi

5 minutes ago

Square Launches BTC Payment Feature, Serving Over 4 Million Merchants in 8 Countries

On November 11th, the payment giant Square has initiated a Bitcoin payment feature, enabling merchants to activate it on the POS side. Currently, it merely supports offline and in-person payments, while the online and invoicing functions are under development. The official announcement indicates that there will be no transaction fees for receiving payments until 2027, and afterwards, a fee of 1% is anticipated. Currently, the Square ecosystem encompasses 8 countries and more than 4 million merchants. Some users have reported encountering this feature at a coffee shop in the United States, and the Cash App has simultaneously launched a global BTC merchant map. (Cointelegraph)

5 minutes ago

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