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Bonk Guy again calls for buying USELESS: The number of token holders and perpetual contract open interest has hit new highs, potentially setting the token up for a strong rally.

1 hours ago

Prominent trader Bonk Guy stated in a post that meme coin USELESS, which has a market capitalization of roughly $270 million, has surpassed all other meme coins on Coinbase in trading volume, with the only exception being DOGE. For comparison, DOGE, SHIB, PEPE, and TRUMP have respective market caps of approximately $13 billion, $3.16 billion, $1.54 billion, and $556 million. USELESS’s trading volume on Coinbase has long been higher than that of meme coins including SHIB, PEPE, and TRUMP. Meanwhile, its number of token holding addresses and open interest in Hyperliquid perpetual contracts have both hit all-time highs; spot and perpetual contract trading volumes remain elevated, market attention on the coin is sustained, and it has been listed on leading crypto exchanges. He believes that USELESS is forming the liquidity and adoption traits required for a major meme coin expansion, and a strong rally to catch up with DOGE’s valuation is not out of the question, though this assessment is his personal view.

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Robinhood upgrades dividend entitlements for stock tokens, with automatic crediting on ex-dividend dates.

Johann Kerbrat, general manager of Robinhood’s International and Crypto Business, stated that Robinhood has upgraded the dividend entitlement processing mechanism for stock tokens. The relevant entitlements will now be automatically credited on the ex-dividend date, rather than waiting until the dividend payment date weeks later. This allows holders to access economic benefits closer to those of the underlying stock faster, reduces dividend dilution after the ex-dividend date, and makes token pricing more closely aligned. The feature currently covers most stock tokens, and will be expanded to more products in the future. Robinhood also emphasized that stock tokens are tokenized debt securities, not offered to U.S. persons or in the United States, and are restricted in jurisdictions including Canada, the United Kingdom, and Switzerland.

10 minutes ago

Zhipu AI’s GLM-5.3-FlashX goes live, with a maximum throughput of 200 tokens per second.

Beating AI News Flash: Zhipu AI has launched GLM-5.3-FlashX, a high-speed iteration of GLM-5.3-Flash, with a maximum output speed of 200 tokens per second. The developer did not release new capability benchmarks or architectural changes for this update, which focuses solely on further boosting inference speed. The launch comes right on the heels of yesterday’s inference system optimization. Zhipu recently disclosed that an Infra Agent powered by GLM-5.3 was involved in optimizing the Flash series’ inference infrastructure. In less than two weeks, end-to-end throughput rose to roughly three times its initial level, with the entire service running on over 100,000 domestically produced AI chips.

10 minutes ago

Zhipu AI rises over 7% as the company officially launches GLM-5.3-FlashX

According to Bitget data, Zhipu’s gains continued to widen in afternoon trading, now up over 7%. The project has officially launched GLM-5.3-FlashX, whose inference speed reaches up to 200 tokens per second — a 5x improvement over the existing GLM-5.3-Flash — with pricing set at 2.5 times that of the original version.

10 minutes ago

Zcash plans to launch its NU7 mainnet upgrade on November 5, reducing the block time to 25 seconds.

The Zcash development team plans to launch the NU7 mainnet upgrade on November 5, with relevant organizations and engineering teams having aligned on the upgrade details and estimated timeline. Developer Sean Bowe said NU7 will activate on the testnet on October 6, and the team will finalize the mainnet upgrade and its activation block height on October 20 after evaluating testnet performance. NU7 will reduce Zcash’s target block time from 75 seconds to 25 seconds, disable V4 transactions, and integrate the Network Sustainability Mechanism (NSM). The selected NSM configuration will retain ZEC’s existing halving schedule, with supply previously removed from circulation set to re-enter starting February 2031. Bowe noted that NU7 will not introduce new transaction formats, so its impact on wallets is expected to be limited, though full nodes, indexers, and block explorers may require adjustments. In prior voting, 99.9% of ZEC’s weighted votes backed the block time reduction, while 98.9% supported retaining the halving mechanism.

10 minutes ago

Meme coin BONER, linked to Robinhood’s chains, coins and stocks, briefly topped $60 million in market capitalization, rising over 40% in 24 hours.

According to GMGN market data, the meme coin BONER, a crypto-stock token on the Robinhood chain, briefly surpassed a market cap of $60 million and is now trading at $58.85 million, with a more than 40% increase in the past 24 hours. BONER was issued on the Long.xyz platform, pairing with tokenized U.S. stock HIMS via the Robinhood stock trading platform. BlockBeats reminds users that related tokens experience high price volatility, so investors should exercise caution.

10 minutes ago

CZ retweeted a BNC-related tweet, driving BNCB to surge past $6.

Binance founder CZ retweeted a BNC-related post, as CEA Industries' bStock (BNCB) rallied above $6, surging over 21% in 24 hours. The tweet CZ shared was a name-change poll from BNB Network Company (BNC), a Nasdaq-listed BNB treasury firm, with CZ commenting, "What's in a name?"

10 minutes ago

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