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Pantera Capital executive: Stablecoin providers need to offer money market yields to stay competitive

According to a report by Jinse Finance, a Pantera Capital executive stated that the stablecoin industry will undergo a transformation as providers need to offer currency market returns to remain competitive. While BTC and ETH have been "very successful," they have not met many people's initial expectations for cryptocurrencies. Fifteen years after the release of the BTC white paper, its status as a good alternative currency has been undermined due to its lack of speed and scalability.

NFT sales on the Ethereum chain in October were approximately US$169 million, a month-on-month increase of approximately 17.7%

According to cryptoslam data, the sales of NFTs on the Ethereum blockchain in October reached $169,080,145.56, an increase of about 17.7% compared to the previous month. There were 728,241 transactions during the month, with 103,253 independent buyers and 87,190 independent sellers.

Unibot attacker received 1 ETH from the mixer as gas fee one week after Unibot was launched

Scopescan monitoring found that the Unibot attacker received 1 ETH as gas fee for the attack from the FixedFloat mixer one week after the launch of Unibot.

21,852 ETH transferred to Coinbase

According to Whale Alert, 21,852 ETH (approximately $39,426,190) has been transferred from an unknown wallet to Coinbase.

ETH call options block trading volume has reached 180,000, with daily trading notional value reaching $330 million

Greeks.live stated on social media that the trading volume of ETH call options in the blockchain has reached 180,000 contracts, with a nominal value of 330 million US dollars per day. The trading volume of the three major main contracts increased by 10% yesterday, and the remaining increase came from put options on November 24. The market is also buying protective options.

Radiant Capital is about to launch on the Ethereum mainnet

On October 31st, according to official sources, cross-chain lending protocol Radiant Capital announced that it has been approved to go live on the Ethereum mainnet and will be deployed within 72 hours.

Cointime Oct. 30 Evening News Update

1.Suspected BIGTIME market maker address transferred 14.85 million tokens, which have since been transferred to Coinbase2.Cumberland deposits 12,000 ETH to OKX and Coinbase3.Sui opens Quest 3 with a total prize pool of 5 million SUIs.4.Surf Protocol completes $3 million financing, led by ABCDE Capital5.The Monetary Authority of Singapore cooperates with Japanese, Swiss and UK regulators to promote digital asset innovation6.HashKey will soon issue platform token HSK7.Saudi NEOM investment fund plans to invest $50 million in Animoca Brands

Cumberland deposited 12,000 ETH to CEX, equivalent to approximately US$21.5 million

On October 30th, according to Lookonchain monitoring, crypto market maker Cumberland deposited 12,000 ETH ($21.5 million) into OKX and Coinbase within the past 20 minutes.

A total of 155,200 Ethereum coins were destroyed in the past 7 days

According to Tokenview's on-chain data monitoring, Ethereum issued a total of 163,600 tokens and destroyed a total of 155,200 tokens in the past 7 days; there was a net increase of 829 tokens, and an average of 1.54 tokens were destroyed per minute. The top three tokens with the highest amount of destruction are: Uniswap (1986.53 ETH destroyed), Eth transfers (974 ETH destroyed), and Maestro: Router2 (780 ETH destroyed).

Ethereum Layer 2 network TVL is now $12 billion, an increase of nearly 10% in the past 7 days

According to L2BEAT data , the TVL of Ethereum Layer2 network is currently $12 billion, with a 7-day increase of 9.85%. Among them, the TVL of Arbitrum One network is $6.63 billion, with a 7-day increase of 10.78%; the TVL of OP Mainnet network is $3 billion, with a 7-day increase of 9.44%; the TVL of zkSync Era network is $463 million, with a 7-day increase of 15.45%; the TVL of Scroll network is $25.13 million, with a 7-day increase of 72.42%.